The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-02-18
THE NEWS.

The steamship City of Baltimore, from Liverpool
on the 30th, and Queenstown on the 3lst ut, with
advices from Europe three days later than were re-
ceived by the New York, reached New York about
IL o'clock on Friday ght The crisis in this coun-
try still continued to be the leading topic of discus
sion in Great Britain. Nothing particularly new
or striking seems to have been elected in the Eng
llsh journals Affairs at Gaeta continued much in
the same position as before reported. Indications
in every part OF Europe to point to another
war in the coming spring, in which number of
the States will be involved.
By the Africa at New York we have two days
still later intelligence. The Queen was to omen
Parliament on the 5th, and the Emperor to open
the French Legislature on the 4th instant. The
siege of Gaeta continues. 1t is stated that the EN-
peror of France had written to the King advising
him to cease resistance. 1t is also said that an en-
voy had gone to Gaeta to negotiate for the surren
der of the fortress sThe Italian Parliament it is ex
pected, will proclaim Victor Emmanuel King
of Italy Immediately after assembling. The Span
ish lnfanta has relinqushed all pretensions to
the crown. The revolutionary movement in the
Papal States is spreading. Affairs continued un-
settled at Naples, popular demonstration occur
red on the 10Th ult, during which the presses of
two newspapers were destroyed From the ship
timore, was abandoned at sea Jan. LIST. The crew
was saved and brought into Queenstown. Cotton
has declined.
In the Senate on Saturday the Committee of
Conference the Deficiency Bill reported that the
committee had agreed One portion of the agree
ment strikes out the Chiriqui amendment. The
Tariff Bill taken up, and Mr.. Stewards
amendment, extending the time of paying duty to
three years, was adopted, and motion of the
same Senator, all that portion of the bill relating
to warehousing was stricken out
In the House the Copy Right Bill, which secures
the holders of copy rights the appeal as in
patent right cases, was passed. The Executive,
Legislative and Judicial Appropriation Bill was
also passed. The rest of the day was occupied
with the consideration Of private bills.
In the Virginia Convention on Saturday resolu-
tions were presented strongly condemning the
coercion of seeding State, and declaring that if
the Federal Government undertook to forcbly re-
take the forts in the seeding States, Virginia
will regard it as an invasion of the rights of the
Southern States, and if the Government under
takes to collect the duties in the seeding States
she will regard such acts as coercion, which she
Will resist with all the means in her power
The President elect has reached Buffalo, New
York. A full report of his Pittsburg and Cleve-
land speeches are published in our paper to-day.
Hon. Jefferson Davis arrived at Montgomery,
Ala. on Saturday last and was received by a sa-
lutte. The Congress did nothing of national i'm
portance. at night Mr. Davis addressed the peo-
pie. He said that compromise or plans of
reconstruction could now be entertained. The
seeded States are an independent people and must
be treated as SUCH They did not desire any fa-
vors from the North-they asked nothing, and if
war was forced upon them, then he would be found
in the field soldier. The speech was received
with great applause.
Our dispatches from Washington are less hope
tul in their tone The Peace Conference had no
action on the report of the committee on Satur-
day. Some of the commissioners have advised
their friends at home that there is but little hope
OF satisfactory conclusion of the labors of the
Conference We publish the Guthrie proposition
as amended by the committee and reported to the
Conference.
The Florida Legislature has adjourned. Among
Its last acs was one authorizing the issue of a
half million dollars of treasury notes and stay
law. The Convention will again be convened