New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-05-10

1 9rred that they were bound TOT
Lord .Iobp Russell. 10 SD -e'sng meeting Of cleo.
,o. - london made svecL nefe1ence to the Italian
Question. He said b. felt certse inst Enslands only
safe course was to keep honestly acd s'oty neutral.
He prot. sted against the predilectit0 iof Au"ha
evinced by Lord Derby ssd Mr.. Disrseli.
At the usual Easter banquet given by tie Loro
Mayor Of London the Earl of Derby was guess, ana
in his speech advtrted to the war question He ssU
that the Cabinet had not known for twelve
bours the which Austria had determined upon
taking before they instructed their ambassador en-
phatcay and formally to protest. in the name Of En-
gland, against step which he characterized
as precipitate and criminal. He then pro-
ceeded to state that On that very day the 18th
the English Government had attempted Jet another
last in the interest Of peace. They had just
dispatched to Vienna and to Paris joint representa-
ton offering TO take up, the part Of England alone,
mediation at the point at which it was left of by
Lord C0wley, and TO endeavOr to arrange the diff
cutes subject TO OF these two conditions either
on the immediate absolute and simultaneous disarna-
ment Of the three powers the consent on the part
of all pending the reeut Of the mediation to retain
their armies precisely in their present condition and
to maintain position, if not Of peace at all events
Of inactioD. He concluded by repudiating the ides
that he bad any wisb to side with either Of the bel
ligereDts, and advocating strict armed neutrality.
Sir John Pakington in his speech said if war should
arrive in Europe it will be found that in the Mediter-
ranean and in the English Channel there will be
squadrons powerful enough to uphold the dignity and
protect the interests Of England.
TIE London Post Of Wednesday, April q, says
that the whole militia Of the United Kingdom was 10
be embodied forthwith
THE PANIC on '0HASGH.
The sd was nominally holiday on the London
Exchange but gooddesl Of business was unoffically
transacted. Much depression prevailed, and Consos
exhibited decline Of one per cent
On the 25th the panic made further progress.
Much excitement prevailed, and Consols fell TO 93a
1884, being further decline of about per cent.
On the 26th sudden aud extensive fluctuations oc-
cured, and an extraordinary degree of excitement
was manifested. The fall received a decided check,
owing to the report of Austria having agreed to sus-
pend her threatened attack for fourteen days, and
there was sudden rebound of per cent, but about
half Of this was subsequently lost and the closing
quotations were 93I a93l There was afterward
another rally, and the final price was 94s
The demand for money increasing. The Bank
Of England was expected soon to raise the rate of
discount.
The Continental Bourses were all, Of course, much
excited. At Amsterdam, on the 26th, there was an
extraordinary fall of about six per cent in Austrian
metalliques.
In the Paris Bourse, the 3d. there was consider
able nuctatiou, and the Three Per Cents closed at
64f 9Oc. On the 25th, there was great depression,
and the closing rates showed a fall Of y cent. On
the 2Gth the excitement continued, and early in the
day there was an advance of more than v cent
but relapse occurred and the market closed at the
figures Of the previous day, 62f 90.