Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1859-08-17
FOUR DAYS LATER FROM EUROPE.

NEW York, Aug. 1.-The steamship Nova Sco-
tian, from Liverpool with dates to the 9th July
passed Farther Point to-day. The general news she
brings from Europe is unimportant
1t is reported that Count Walewski, the French
Minister has submitted plan for the Confederation
of Italy, according to which the Confederation will
consist of seven States. The Presidency is to be
given nomnaly to the Pope but really to the Kings
of Sardinia and Naples alternately. The strong
places to be garrsoned by the Federal troops arc
Gotta, Mantua, and Piacenza. The votes in the
Federal Diet to be distributed as follows: Par
ma one, Modena one the Pope two, Tuscany two,
Sardinia three, and Naples three.
Nothing of moment had transpired in regard to
the conference at Zurich, nor is it known whether
Sardinia would take part.
A dispatch of the 25th from Berne, however, SAYS
that the Representatives of the three powers were
expected to meet at the end of July.
1t was vaguely rumored in Paris on the 25th that
Napoleon would visit London.
The Daily News believes that although the scheme
of an Italian confederation may not have been for
mally struck off the programme, it is not now insis
ted on by its author and that little more will be
heard of it.
The French fleet had sailed from Lzzeria, and it
was reported that portion of the French army had
begun to leave Italy.
Count Persigny had arrived in Paris from Lon
don. 1t is said he took with him an assurance that
OIL condition of general and immediate disarma-
ment
The Paris Monite,r of the 26th, contains the fol-
lowing: 1t is endeavored in England, to attribute
to France the causes of the English national bur-
dens; but the English people are deceived merely
in order to further the national dcfences; the exag
geraton of our ornaments is to justify considerable
increase of the budget for the army and navy. A
comparison of the budgets of England and France
will show these considerations to have been erro-
neous. Since 1915, the army expenses of England
have increased by two hundred millions francs ma.
king, for 1860 total of more than six hundred and
fifty million francs, while the French army budget
for 1860 does not exceed four hundred and sixty
three millions One, therefore, asks whether it is
to France and her extraordinary armaments that
the heavy burdens which weigh on the English peo-
pie to be attributed, or whether these erroneous
expenses and taxes, which the consequences of
those burdens, must not be attributed to other
/ sons"
The Paris Patrie, referring to the above article,
from the Moniteur, says that France has done eve
rything to free England from the nightmare of inva
sion in order to restore to her camness ard repose
If unsuccessful, England only blame herself for
her fears which agtae her, and which, if prolonged
would be aront to the sincerity, friendly feeling
and actions of France
! The Posts Paris correspondent says there is the
same disposition ever, in official quarters to as
sure England that the Emperor and his advisers
consider the Anglo Alliance now, as necessary
for the tranquility and prosperity of Europe
| LIVERPOOL CoTToN MARKET.-Saes in the Liver
pool cotton market for the three days foot up o.,
900 bales including 5000 bales to spectators, and
5000 bales for export, the market closing steady
and firm at previous quotations in some cases an
advance of 1-Sd had, however, been obtained; the
quotation for New Orleans middling was 3-16d.
STATE OF TRADE-The advices from Manchester
continue favorable, the market is firm and active for
yarns, which had advanced slightly