The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-08-22
LATEST NEWS.
TELEGRAMS.
Arrival of the Hungarian.
FOUR DAYS LATER FROM EUROPE.

FATHER POINT, August 20.-The steamer Hun
garian, from Liverpool for Quebec, with dates to
10th inst, four days later, passed here this morn
ing at O'Clock. She will be due at Quebec to-
night.
The Liverpool cotton market closed without any
change from previous prices.
Breadstus and provisions were dull
Consols closed at 953s.
The subscription to the new stock of the Atlantic
Telegraph Company was progressing very favora-
bly, On the long list of the takers of this stock are
to be found the names of Barring Brothers & Co; ;
George Peabody, of the firm of George Peabody &
Co.; +. Hath Co.; Samuel Gurney, of the firm of
Overend. Gurney d Co.; n. Rothschilds & Co.;
Messrs. Hankey q Co.. Messrs Barclay, Beaver &
CO.; j. II. Schroeder, of the firm of John Henry
Schroeder 4 CO.; c. NJ. Lampoon, Thomas Brassev.
and VIM. Brown.
ISECoND DESPATCH.
QUEBEC, Aug. 20.-The steamer Hungarian, for
this port, passed Father Point at 730 A. NJ, and
will be due here in the course of tonight. Her
mails and passengers will reach Montreal to-mor-
row, some time before noon.
The general news by this arrival is interesting
bat possesses no features of striking Importance.
The Conference between France, Austria and
Sardinia met at Zurich on Monday the 9Th inst ac-
cording to the previous announcement. Nothing
had transpired in regard to the proceedings.
The Emperor Napoleon was on a visit to the
camp at Chaons, witnessing the manGuvres of his
troops.
The British Parliament was still debating the
italian question, but in a more subdued tone.
The markets both Of Liverpool and London were
generally quiet, without any material change. Cot
ton steady but not very active, the sales for
the three days reaching only moderate figure
BreadstufIs were dull, without material change
The Provision market closed steady.
THIRD DESPATCH
FATHER PoTNT, August 20.-The Hungarian left
Liverpool at l o'clock the morning of the 10th
instant The advices not of marked Importance
either politically or commercially.
The Zurich Conference met on the Sth accord
ing to the previous announcement.
The United States frigate Cumberland was at
Madeira August lst.
The steamship Bremen left Southampton for New
Y ork on the 9th.
The Zurich Conference was fully constituted as
follows: Austria Count Colloredo and Baron Mes
senberg; France, Baron Bourqueney and Marquis
Bonneville; Sardinia, Chevaer De Sambois and
CheValier Jococan.
The Government of Zurich had welcomed the am
bassadors, and to give them a public reception
on the 1lth inst.
The first formal sitting of the Congress took place
on the Sth, at which the Sandman representatives
assisted. The second sitting was held on the 9th
but nothing transpired as to the proceedings.
GREAT BRITAIN.
On the Sth the affairs of Italy were debated in
in both houses of Parliament.
In the House of Lords, the Marquis of Normandy
inquired if there was any objection to produce the
papers relative to the projects of peace transmitted
to Austria before the treaty of Villafranca He de-
nounced the conduct Of the Government as one
sided, and evncing desire to maintain neutral
lty. Lord Woodhouse in reply reiterated the state
ment that England sent terms of peace to Austria
at the request of France, but without giving any
advice or expressing an opinion on the subject. He
SAID 1t would be most inconvenent to produce the
documents in the present state of the negotiations
Earl Granville acknowledged the act of Lord John
Russell as the united act of the Cabinet.
In the House ofCommons, Lord Elcho moved an
address to the Queen, declaring that it would be
inconsistent with the honor and dignity of England
after having preserved strict neutrality, to take
part in any conference for settling the details of
peace, preliminaries of which have already been
arrangned between the Emperors of France and Aus
trla Lord Elcho praised the neutral course of the
late Government, and censured the anti-Austrian
feeling evinced by the present Cabinet
Mr.. kinglare moved the previous question: feel
ing it would be unwise to bind the Government to
any line of policy, regardless of changes which
might take place at any hour.
Mr.. Gladstone said the Electors motion was not
relevant to the present position of affairs. The
Government had no intention Of taking part in set
ting the details OF peace on the basis of the Villa
franca treaty. The belIigerants themselves would
settle those details. and what would remain to be
settled would be the great question of European
policy, in which he thought England should play
her traditional part. He defended the Government
and called for decisive vote against the resolu-
tion.
Mr.. s. Fitzgerald said the object of the resolution
was to restrain the Government from carrying out
its personal sympathies, which were inconsistent
with the treaty obligations of the country Parlia-
ment ought not to sanction the Government Joining
in the Congress without being informed of what
the great Powers had agreed upon in regard to the
subject.
MIR. Sidney Herbert argued that the neutrality
expired with the war, and he no reason why
England could not consistently join in the Con-
gress.
Mr.. Horsman and Mr. Whiteside spoke in favor
OF the resolution, and denounced the foreign policy
OF the Government.
Lord John Russell again proclaimed that the
government had not the slightest intention to 90
into European Congress to settle the details of
the peace of Vilairanca. Nobody ever invited
them to do so. He admitted that there were diff
cultles In the way of the governments entering in
the Congress, and matters were in that state that
no determination had been come to. He appealed
to the House to leave the question in the hands of
the Ministers, hO would decide when the whole
facts of the were before them.
Mr.. ID Israeli warned the Government of dangers
to be incurred by entering the Congress, but stated
his objection to the House coming to a decision
after hasty deiiberation, and hoped Lord Elcho
would not press his motion to a division.
After some remarks from Lord Palmt rston, in
defence OF his and in denuncia ion of the re-
solution, Lord Echo said he was satisfied with the
admissions made by the Government and the re-
suit of the debate, and would not press his motion.
In the House of Lords on the 9th, the subject of
the national defences referred to. Lord Rings
doun cOntended that the army and navy would
never be on satisfactory footing till the Govern
ment have the power of compulsory service.
The Earl of Ripon thought it would be most in
Judicious to resort to compulsory powers and
pledged every effort of the Government to make the
deences secure.
In the House of Commons the East India loan bill
was finally passed
The completion of the steamship Great Eastern
was formally celebrated on the Sth by a BANQUET
given on board, which was attended by many mem
bers of beth Houses of Parliament and number of
fhar Of lI shade
The engines, both screw and paddle, were set in
motion for the first time, and the result was salts
factory in the very highest degree, and far be-
yond expectation.
Lord Stanley proposed the toast of Success to
the Great Eastern" and painted in glorious terms
the marvels her success will accomplish. Mr..
Brummel, the engineer, and Mr. Scott Russell, the
builder, were toasted, but the former was absent
from i'll health. The ship presented beautiful and
finished aspect, being almost ready for sea.
The city article of the London Times saws regard
to the tpulations of the treaty alleged to have been
arranged between Minister McLane and Juarez at
Vera Cruz, that Mexico will, from the moment the
treaty is ratified, virtually pass under American
sway. 1t then adds, that the result will be advan-
tageous to Mexico and the world. but thinks the
extent to which private rights will be respected or
jeOpardzed an anxious question.
The American Government is urged al every step
to protect the interests of foreign land holders
The Grand Duke Constantine of Russia, travel
ing under the private title of Admiral Romanoff
had arrived at Spithead in the frgate Shetland,
and took up his residence at Ryde, Isle of Wight
The s.rike among the building trade had assumed
range from to 255G1 ST. the NJ
builders had sought the intervention OF the Gov
ernment, but the Home Secretary said he dio not
see how he could interfere.
LATEST BY TELEGRAPH.
LONDON, Wednesday, l0th.-Admiral Sir Michael
Seymour, liberal, was yesterday elected member of
Parliament for Davenport.
From the daily city Ne,cs' article, dated Tuesday
evening: The funds to-day slightly prejudiced
by news OF partial reaction the Paris B0urse,
combined with dullness of business. Consols finally
closed about Is per cent. lower than on Monday.
Before operating with confidence, spectators ap-
parenty wish to see the result of the pending
conferences the Italian question In most of the
other departments of the stock exchange prices
quoted rather lower. There was a renewed
demand for money to-day at the idea being enter
tanned in some quarters that advance in the
minimum rate of discount to three per cent will be
made by the Bank on Thursday. There were nc
bullion operations at the Bank to-day. CoDtinen-
tai exchanges this afternoon experience fresh i'm
provement.
Il. l.. Cole, East India merchant, London, sus
pended to-day, but it is thought that his liabilities
are not over $4,000
The ID ally Ne,oS gives the provisions of Mr. sgd
ney Herb erts rev bill providing for military re
serve force. 1t authorizes the enrolment anC
maintenance of reserve force of twenty thousand
men, consisting of soldiers who have previously
served. This force is to be called out twelve days
each year, and permanently in case of invasion.
The Paris correspondent of the London Post tele
graphs the result of the Tuscan elections They
took place with great order and give majority tt
a man of moderate liberalism, but quite opposed t.
al Of nlA dyp past;o