The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1859-01-01
Later from Europe.

Sandy Hook, Dec. ~.
The royal mail steamship Asia, from Liv.
erpool on Saturday the 18th inst has pass
ed this point on her way to New York.
Her advices are two days later than those
brought by the Pacific at st. Johns, N. F.
COnsols for account were quoted at 971a
S74. The books for money were shut.
The bullion in the Bank of England had
increased 145 900 pounds. The reduction
of the rates Of interest to q per cent, is ccp-
firmed.
Numerous arrests had been made near
Cork of parties connected with the filibuter.
ing invasion from Americy. -''
1t was fully expected that the govern.
ment would guarantee new capital Of ESQ. :
900 to the Atlantic Telegraph Company
and that contract to lay a new cable will
immediatetl be made.
Baron Rothschild had given ECO, 900 to
found a scholarship for the city Of London
school, in commemcration Of his admission
as Jew to parliament.
Fifteen persons had been arrested on the
18th, charged with being members of an al
legged illigai society, said to have been Or
ganiZed to obtain an invasion Of Ireland from
America. They were all young men IL Of
them being from Skibbereen and 3 from
Bantry. They were brought to Cork by
the Bantry train on the 9th, nnder the es-
cort Of large body Of police.
1t was rumored that Zuloaga had offered
| to place Mexico nnder the English prOtsc.
ton, and that Mr.. Worrell had gone to Eng.
land to arrange matters.
The London Times says, in reference to
the Atlantic cable, that the company had
made application to the government for q
guarantee Of II per cent on G537 900, sub.
ject to the same conditions as that Of the
/ Red Sea line, and this has been backed by
memorials from all the leading firms Of Lon
! don, Manchester, Birmingham, Liverpool
| Leeds, Halifax, Bradford, Hull, Glasgow,
! Paisley and Norwich. Surprising it to be
granted, contracts will be Immediately con-
cuded for a new cable, and any negotiations
/ with the American sovernIne., will suisse
! quently be entered into. No attemp can be
! made, with any prospect Of success, to Inf
! the old cable, uu il the return Of CAIN wea
! Their at the end Of April or May, and even
! under the best circumstances expectations
regarding the operation were nnfavorabiy
Meanwhile it has been definitely ascertained
that the existing damage was not at the
shore end The laying of the new end has
heen completed to distance of - miles out
from Va'cntia The experiments lately un-
dertaken by persons previously unconnected
with the enterprise, confirm the original in
ference that the main fault is about go
miles from the ish coast, at 4 debth of 900
fathorns. There is also fault on the other
side, which is thought to be about 800 miles
from Newfoundland.
Currents, however, still continue TO be
received, although of kind so feeble and
uncertain as 20 bc useless for any practicable
DurpOSc at present.
The telegraph is in charge Of Mr. Henly,
who is manufacturing an apparatus such as
his experience on the spot leads him to think
may yet possibly lead to some results; bu,
in no case could there be a hope of achiev
ing permanently satisfactory communica.
! ton otherwise than by new line
The Times thinks there is little doubt but
that the consent OF the government will be
given.
The meeting Of the French legislature i,
postponed till February.
Montelembert's appeal is set down for thu
/ cath of December.
The Bank of France has galnep q, 900,
t O00f specie during the month.
! A French negro emigration vessel is re
! ported to have been overhauled by British
! cruiser on the African coast and compelled
| to discharge her negroes, although the ship
ment was perfectly regular.
The spau ish expedition for Nc xico is on
larger scale than supposed.