The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-03-16
LATEST NEWS.
TELEGRAMS.
ARRIVAL OF THE ClRCASSIAN
LATER FROM EUROPE.
SPEECH OF THE EMPEROR NAPOLEON.

gained are to be distributed between the most pop
ulous counties and bOroughs. Ireland and Scotland
| get two additional members, each corresponding
with the reduction in the franchise, but their pre-
sent representation is not to be disturbed.
The Liberal journals e not satisfied with these
measures.
The budget had made further progress, and all of
Mr.. Gladstone's recommendations thus far have
| been carried.
The Atlantic Telegraph Company adopted the
report of Directors, and had agreed to raise f20,-
600 to attempt to resuscitate the old CABLE re-
cover much possible oft.
The steamer Nimrod had been wrecked on the
passage from Liverpool to Cork, and all on board,
numbering fifty persons, dr0wned
The French Legislature was opened on the lst
BY the Emperor Napoleon. In his speech the En-
| peror promises that every effort for the mainte-
nance of peace shall be made. He rejoces at the
amicable relations existing between France and all
the European powers, and hopes for speedy peace
in China. Referring to the Italian question, he
expresses the hope that affairs in that quarter
approaching a settlement. He says he has ad-
vsed the King of Sardinia that Tuscany must not
be annexed but that the wishes of the other Italian
provinces may be entertained, provided the rights
| of the Holy See be respected in principle
The safety of the French frontier requires the
annexation of Savoy, aud the Emperor says he
hopes that frank explanations of the question will
cause the great powers to recognize the justice of
the claim H processes astonishment at the agita-
tion in the Catholic world and points to his efforts
in behalf of the Pope.
| The French army is to be reduced by the dis
| charge Of 100000 men, and would be further re-
| duced but for the Chinese and the Italian oc-
cupation. He concludes by referring to his
free-rade policy, and predicting the most favora-
| bic results.
The speech produced slight depression on the
| Paris BOurse.
The English journals protest against the annexa-
Prince Lucien Bonaparte will probably be pro-
posed as King ofTuscany.
AUSTRIA
The London Chronicle reiterates its statement
relative to the Austro-Russian alliance, but says
| the treaty has since been modified.
ITALY.
The votes of the people of Central Italy are to be
taken the questions of the proposed annexation
| to Sardinia the establishment of a separate
kingdom.
The Umbrian Marches demand annexation to
Piedmont.
The Pope threatens Victor Emmanuel with ex-
communication.
The annexation of Savoy by France has been
condemned by the English minister.
SPAIN.
A treaty of peace between Spain and Morocco
has been proposed. The demands of Spain are
exorbitant.
THE LATEST.
LONDON, Saturday.-The Emperor's speech is un-
satisfactory. Consols close at 945s, decline of e.
The Pope is said to be ready to make concessions.
The Spanish papers are averse to retaining the
conquered territory in Morocco.
PARIS, Saturday.-The Rentes closed to-day at
67f. 90c.
COMMERCIAL INTELLIGENCE.
LIVERPOOL CoTToN MARKEr-Saes of the week 5000
bales including $4,000 bales to speculators, and 5000
bales for export. The market had been very dull Mid
ding and lower qualities have declined fully I'd. Pre-
vous prices also for fair qualities have been barely main
taned. The imports have been very heavy The sales
of Friday 1000 bales for speculation and export
The market closed quiet but steady New Orleans fair
1Ad Middling, 6Bd Mobiles fair, I'D. UplandS fair,
I'd; Middling, cd.
Stock in port 100000 bales, including $4,000 bales
American. Some circulars say there general
demand at the close of the market.
The advces from Manchester favorable the market
closing quiet but steady and firm.
HAvREz MARKErs.-The Cotton market manifested a
declining tendency Sales of 500 bales Stock in port
900 bales. New Orleans tres ordnare 105 bas o.
Breadsuffs quiet.
LIVERPOOL BREADsTUFFs NATURALIZATION &
Spence quote Flour closing firm and holders demand
steady Red 9s. I'd dlOs Cd. White rs Corn dull and
nomnally generally unchanged.
LIVERPOOL Provision MARKET.-Beef closed steady.
Holders offer freely but show disposition to press sales
In there is slight decline Pork and Bacon
quiet The latter closed irm-Middes SIS G53s. Lard
firm and in good demand GI6Os. Cd,
tail at 6ls@61s. Cd Tallow steady-Butchers' Cos. q
LIVERPOOL MONEY MARKET.-Consols 94% @94& for
money and account.
The Money market closed generally unchanged
There has been an increased demand for American
prilies.
LIVERPOOL PRODUCE MARKET-Cheese of all qualities
but especially fine has slightly advanced Ashes closed
quet-Pots 29s. Cd (d31s Sugar is quiet, and Brazs
have slightly declined Coffee is quiet. Rice is firm
sales of cargoes to arrive at 25s. Cod Oil $780, Seal do
34d35s Lnseed Oil quiet at 2Ss 3D. Spirits Turpentne
dull and all qualities slightly ower-saes at 36s @136s.
Cd. Tea is Slow of sale.
PER TELEGRAPH TO GLASGOW
LIVERPOOL, Saturday eyening-SaleS to-day of 5000
quiet. Provisions close steady but quiet.
LONDON, Saturday afternoon-Consols close at 81 \ a
slS Breadstufis are dull. Iron-Wesh rails closed
ers demanding advance Turpentine dull at 37s. Cd.
! Oils generally unchanged
From Wasbinpfon
WASHINGTON, March l5.- The Senate at an early
hour this afternoon went into Executive Session. at
the instance of Mr.. Mason, who stated there was
important businesss requiring immediate action,
and which might be disposed of in an hour. The
subject proved to be the ratification of the Mica
ragua treaty, and more than thrice that length of
| time was consumed in the discussion The necessity
| for its ratification was warmly urged, While the
opposition to it was equally ardent. The prominent
objection was to the article permitting the landing
| OF American troops to protect the transit The
| subject of hibusters alluded to in the
| debate, and even remote encouragement to
! them strongly condemned. "If," said Sena-
| tor, ''mere Adventures should go thther to
ascertain the institutions of the country our
government has nothing to do with their
sea lps." That article was finally stricken out and
the treaty was then laid upon the table.
1t was resolved that the injunction of secrecy be
| removed from the proceedings, but motion was
soon after made to reconsider the vote, and this
branch of the subject was pending when the Sc
nate adjourned.
| 1t is said that by the terms of the treaty, the
time for its ratification expires to-day, Ifso, its
resuscitation is impossible.
The Commissioner of Indian Affairs has issued
letter, In which he says that almost every Indian
reservation in Kansas has either been settled or
trespassed upon by the whites, in utter disregard
of law, which is imperative and must be enforced
while he would exceedingly regret a collision be-
tween citizens and the United States troops, and
| hopes that such great calamity will be avoided;
but, as at present advised, unless they obey the
notice, the strong arm of the Government will be
employed to enforce it, however formidable they
may be in numbers.
John Ross the Cherokee Chief, is now here with
a view of selling the Government about eight hun
dred thousand of land in the southern part of
Kansas, belonging to these Indians.
The question is, however, anticipated; the Sen
ate having intimated that treaty involving the
payment OF money from the Treasury will receive
the assent of that body.
A prominent member of the Democratic National
Executive Committee thus replies to an inquiry as
tc changing the place for holding the National
Democratic Convention: "There is good deal
said seriously about it, much pressure for it; and,
if continued, the Committee may be called to-
gether to consider it,
Later from Mexico.
NEW ORLEANS, March l5.-Advices from Acapul-
co of the 9th have been received. General Alva-
| rez had ordered General Wheat to Vera Cruz to
| command the foreign forces. Miramon was not
expected to attack Vera Cruz
cut off one thousand of Miramon's troops, and en-
tirey cut off communication with the capital
Miramon was short of provisions, and depending
| on the Havana expedition for supplies.
Alvarado blockading the Liberals
Since Mr.. McLane left, the British, French, and
Spanish Ministers have been endeavoring to effect
a compromise between the Juarez and Miramon
governments An armistice of six months was pro-
posed.
American influence was said to be declining.
Commander James had demanded of Mramon
not to interfere with Americans.
Georgia Democratic State Convention.
MTLLEDGEvILLE, March 1.-THE Democratic ic
State Convention yesterday selected Alexander
Lawton, of Chatham county "Cobb man." as
permanent President, by fifteen majority. The
vote stood-Lawton 172; Cohen, "anti Cobb," l57.
The tables were turned at midnight, and Mr..
Gordon offered resolution to elect eight delegates
to the Charleston Convention by ballot, which was
passed by 46 majority. Probably this action will
be reconsidered to-day. A rather exciting time is