The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-12-19

ews Of the sudden rise In the Bank OF England rate d
discount TO six per cent had not reached New York
The London Times says that considerable recovery in
the New York stock market had taken piacethe banks
were also dscouutng bills freely, having agreed to pro-
teet each other by making common cause with their
stock az bullion The accounts Of the rate Of exchange
are confused despatch quotes il rs low lo3 not
withstandg all the efforts OF the banks; another says
that the range was 100 10 1oT and another that
bills were still unsaieabe the price al 100 was
only for inferior descriptions and Io the charge for
bankers drafts then there would be no advantage on
the Shipment Of gold from this country, except in cases
here persons might be willing TO risks, The
recnes Of the statement that the Philadelphia banks
have all stopped open great doubt The suspension
OF banks the Southern States creates surprise The
effect will DO TO mitigate the bullion crisis, as when
stoppagc has taken place there i more struggle for
supply Of specie The vital question viii be as to the
ability Of the New Orleans bankers their total capital
being nearly IS COO 900, with note circulation of
81 100000.
MEETING OF PARLiAMENT-rHE REFORM BILL.
The London Chronicle says has reason to believe that
no more Cabinet meetings viii be held until about the mid
die of January Is understood that the question of Paria
mensry reform with reference 70 the next session, has
not vet been under discussion in the Cabinet. Paria
men, will according to present arrangements be
rnoaed to NEE, for business the 5th Of February
RELIGIOUS PERSECUTION IN SPAIN.
Yesterday afternoon deputation respecting the pcse
cuton OF Protestans in Spain waited upon Lord John
Russell the Foreign Office Five religious societies
were represented including the Scottish Reformation
Society Tor straisord pc Radcliffe introduced the de-
putation A memorandum was read showing the pcrse-
cuton to which persons Spain who have renowned
Romansn and the Protestant faith at pre-
sent exposed The law Of Spain this, that the punish
ment aposacy worshpping contrary to the prin
cpes Of the church Of Rome should be eight years i'm
prisonrnent, with bard labor.
II was stated that many Of the prisoners had been
liberated but attention drawn to the case OF two
who were suffering mpr for the crime OF being
Professionals Lord j. Russell while processing his ardent
attachment TO religious liberty said he must reserve to
himself to act in the way that seemed most discreet
The feeling which had been excited ID England might
perhaps have more weight than any direct action be
tween the government Of England and the government Of
spain and religious societies iabong successfully
in promo, Ing more enlightened ana tolerant views
MISCELLANEOUS.
Good conduct medals to be awarded in the Royai
Marines at the end three years instead Of i've.
Mr. Crawford H. T. for Ayrshire; Mr. Joseph Cowen,
Jr Of Newcastle; Mr. Ashurt, OF London and Mr. Mac
Adam Of Glasgow have been appointed dcputation 10
convey an invitation to Garibadi TO visit England
soldier writes the ondon Times that
part Of the fertilization vote should be expended in the
construction OF iron clad ships, mounting very heavy
guns TO be stationed at different ports.
The London Times publishes an important address issued
by the seamen the North Of England to their brother
Mariners giving their for supporting the Admi
rally scheme of forming naval reserve.
Anne Radaeld, convict in Newgate, has not yet
reprevcd and the Sheriff will to-day formally an
her that the day OF the execution is fixed
December -.
Iondor>-Nind northeast; line.
NArrs, Dec %. 1860.
The General Iicu,ensncy Council revoked the measures
directed BY General Pinel in his proclamation OF STATE
OF siege on the Abruyzi Immediately upon receiving in
formation Of the same.