The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-04-10

1.-The Income Tax agreed to--COttOn steady
--ConsoIs 94Md94A.
BosToN, April 9.-The Niagara arrived here last
night. Her mails furnish the following additional
intelligence.
The Niagara reports on 25th March, at IL 80 P
NJ, off Salters, passed steamship Africa, bound to
Liverpool.
The ship Champion of the Seas, from Melbourne,
with $4,000 ounces in gold, had arrived at Liver
pool.
The steamship Balbec was to leave Liverpool,
for Halifax and New York, shortly after the
Niagara, taking the place of the Jura.
The steamship Edinburg, from New York.
arrived at Liverpool at 940 on the morning of the
22th ult.
THE SAVOY QUESTION.
The Paris Pdtrie says that the Sandman troops
have commenced the evacuation of Savoy, and that
the first detachment of French troops returning
from Lombardy will arrive at Savoy on the 25th Of
March. NJ. Thouvenal's last despatch to Count de
Perslgny, containing explanation from the British
Government relative to the annexation of Savoy,
was published in the Monieur on the odd 1t CON
tains little but what has been previously stated
1t points out the necessity for the revision of the
French frontiers; reiteraes the Emperor's respect
for existing treaties; claims that this is purely an
exceptional case; shows that the cession will ba
made without violence, and free from all consraint;
and concludes by expressing confidence that Eng
land will see that the situation of France has re-
qulred the consummation of this project.
The London Times declares that the annexation
OF Savoy to France must leave upon all minds the
conviction that there is safety except in contin-
ual watchfulness and armed preparation against
the aggression of Sovereign who thus seizes upon
the possessions OF friendly power The Paris
correspondent of the London Times saws that all
the powers had replied to France relative to SAVOY
and gives the following as the substance of their
notes
Russia says that so long as the right of the peo-
pie TO select their rulers is not put forward nv
France, and that, the present change does not
affect the balance of Europe, what Sardinia does
with her is no business of hers Prussia saws that
as the Emperor of France formally disavowed the
doctrine of natural frontiers the transfer of Savoy
Is no business of hers. Austria declares that she
certainly does not approve of any annexation of the
kind, but as Europe stood by when other annexa-
tlons were effected, she does not see what she has
to do with the annexation of Savoy. Six French
regiments said to have taken possession of
Chablais and Francigny.
GREAT BRITAIN.
In the House of Commons the Savoy question
was again debated, and the conduct of the British
Government was censured by several members
The budget was taken up, and Mr.. Gladstone moved
resolution imposing an income tax of ten pence on
the pound tor one year. The Parliamentary pro-
ceedings were of little interest in the House Of Com
mons on the 2lst, the bill limiting the hours of la
oOi VI "Outu anu CnlluGen In the bleaching and
dyeing works, was passed by large majority. On
the I'D IN the House of Lords, the Duke of New
castle SAID that the Government had received no in
formation from either France or Sardinia relative
to the recent vote OF the Municipality of Nice on the
subject OF annexation. Col. Dunn asked the Secre-
tary of State for foreign affairs whether he was
aware OF the intended advance of the Spanish army
on Tangier, and what guaranty he had received
from the Spanish Government that there would by
no permanent or even protracted occupation of =
6 n he lu pf fNrt
Gibraltar. Lord John Russell said that the Span
lsh government had replied to the representations
OF Her Majesty's government with respect to pro-
longed occupation Of Tangier in a friendly manner
ana the correspondence had already been laid on
the table. The Reform bill was regarded with
much apathy by the press and the public
FRANCE.
General Dutaur, who is on special mission from
switzerland, had an interview with the Emperor
and expressed himself satisfied with his assurances
to respect the Swiss interests Orders had been
issued for the formation of two camps additional
TO that OF Chalons, one consisting OF infantry near
Stomer, and the other of cavalry, at Iunerville
near the Russian frontier. lie Nord says the reply
OF the British government had reached Paris and
1T was understood that it had not renounced all
hope of preventing the annexation of Savoy, or at
least OF reducing it to proportions which would
make 1t constant source of embarrassment to
France. The Emperor Napoleon, in receiving the
deputaton from Savoy, stated that the reunion of
Savoy and Nice to France, has been resolved on in
principle. The assent of Piedmont, and of the
population, had been obtained, and the negotiations
with the Powers that signed the treaty of 1915
permitted the hope of a favorable examination of
the question by the greater part of them. Russia
Is said to have sent despatch to Paris in opposi-
ton to an annexation, and protesting against the
OF the theory of natural frontiers.
ITALY.
The French army in Lombardy commenced its
rAt"rn tho 9lst. Tho Sardinian Cnnnril ofState
had decided that the concordat concluded by Aus
m ira with the rope, Is not binding on Lombardy.
The eX-Duke of Tuscany is preparing to protest
against his fate. Baron Ricas0li reached Turin on
the I'D and presented to the King of Sardinia the
note OF Tuscany on the annexation question. The
hlng, In response to cOngratulatOry speech Dy
Rcasoli, said:-"I accept the note of TUSCANY
which, after being expressed by. the National As,
sembly, is now confirmed by unanimity of popu-
lar suffrage. Tuscany, in associating her destinies
with those OF Piedmont, far from renCuncing CON
tnues her forms and traditions, and augments
their Importance by uniting them to those of the
other parties of the State. The Parliament in
which the representatives of Tuscany will take
seats beside those of Piedmont, Lombardy and the
4Emelia, will bring the laws of the country, with
the truthful principle of liberty, and thus Tuscany
Will ENJOY the blessings of autonomy without weak
ening the union of power and the national will up
on which the prosperity and Independence of the
country are principally dependent" The King
then signed a decree annexing Tuscany to Sar-
dinia. 1t is ordered that on the pronunciation of
the decree annexing Tuscany to Piedmont the
French legation at Florence would be dissolved and
return to Leghorn. 1t is reported that Count Ca.
YOUR would be Minister of Marine in the Sar-
dinian Council. Prince Cavignan was expected
to proceed to Florence on the 2Gth, not as Re-
gent, but as the Kings Governor of TUSCANY
The ex-Grand Duke of Tuscany was preparing a
protest addressed to the European Powers, and
manifesto to the Tuscans against the hagrant vio-
lation OF treaties that have taken place. The
Duchess Regent of Parma has appealed to the
Great Powers to support her protest. A demon
stration had taken place at Rome in honor of the
birthday of Garibaldi. The soldiers dispersed the
crowds and a number of persons were wounded
The Swiss Charge d'Afairs at Venice had presented
to Count Resbbery a circular note, in which the
Federal Council protests to the Powers that guar
anteed the treaties of Vienna against any mea-
sures having for its object the Incorporation of Cha
blais and Francigny with the French Empire.
Count Resbbery replied that Austria reserves her
detnitiye reply until she has ascertaned the dispo-
sItlon of Europe; but he reminded the Minister
that last year, when the French troops were con-
veyed by railroad from Culese to Chamberg, the
Austrian cabinet in vain presented to Switzerland,
as we'll as to the great Powers, that the neutrality
of that part of Savoy should be respected, but by
the passage of the French troops that neutrality
openly violated, contrary the treaty of 1875
Letters from Pesth report that many arrests in that
city had been made, and revolutionary procama-
tions said to have been discovered by the DO
lice Many riaed cannon have been recently made
In Austria, and were supposed to have been sent to
enitia. The Austrian Government was raising at
home new loan of 200, 900 900 forms, interest at
five per cent, repayable in ffty-seven years by
means of lottery drawings.
INDIA AND CHINA.
Recent kilograms state that Tussah silk crop on
the lowest part of Bengal, was expected to prove
partial failure. A Calcutta telegram of March lst
reports that the Bank of Bengal had raised the
rate of discount per cent Indigo had advanced
5 rupees, and was still rising. Exchange on Lon
don 2612d.
CANTON, February l4th.-Tea very active at un-
changed rates. Exchange 4s.915d. @4s 934d. A
collision, ending fatally, took place at Swatow be-
twsen the Anglo Chinese customs service and
British vessel. Trade active at Shanghai.
Exchange 6s04d. General MontautOn, comman.
der of the French forces, has landed at Hong
Kong.
LONDON MONEY MARKET.-The Stock market had been
dull, but the fluctuations slight. On the 23d the
market showed slight Improvement. The demand for
money continued brisk and no were reported
below the Bank minimum of per cent.
The Times asserts that notwithstanding semi-oicial
contradictions, the Turkish Government seeking
negotiate new and inconsiderable loan.
The Daily NelCS City Article says the funds opened
Friday at fractional improvement, and subsequently
became animated under the advances the Paris Bourse
and Consols closed at advance on the previous day
The demand for Money, Friday very active both
at the Bank and elsewhere.
The Times says the funds opened Friday at decline
of one-eighth but soon rallied and advanced, under
favorable kilograms from Paris. The demand for dis
counts was very active and the rates in open market,
occasionally, were about four per cent.
The Herdlds City Article says the general rate for
three months bills was 4%G44 per cent. The
and the Rohschilds took the amount necessary to
plete the sum required
THE LATEST.
BV telegraph to Queenstown
QUEENsTowN-S N-Sunday.-There is later than
appears in the Liverpool papers of Saturday which is all
embraced in the foregoing summary.
LoNDoN-Saturday evening-Sugar qu ct; Coffee firm;
Tea quiet common Congou nomnally Is. 3D. Rice firm;
the business doing to-day is at stiff rates. Saltpere