The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1864-06-08
LATEST rRox FtROPEl
Extracts from English Pabers.
rxoLlTD AND CHINA

EtLlaAsD an mia
In the British House Of Commons,
Nav %. Mr. Baxter attacked and Lord
Palmerston explained and defended
British Intervention in China.
rnr DANISH VAR AxD rHE eoWgRKScE
Nothing of moment had transpired
as TO the Conference. The belief on
the Paris Bourse was that il did not
make progress, and il was also believed
that the French government regard
this state Of things with satisfaction, as
it may create a change Of ministry IA
England, when the new Cabinet will
have cordial support from France
Ia note addressed by Herr Won
Bismarck on the l4th inst, to Count
Bernstein the Minister at the end Of
the same, declared the Prussian Gov
eminent to be completely free from al
obligations that might be deduced from
the treaty Of 1852, and be justified in
discussing any other combination that
may be entirely independent Of that
treaty.
The Danish Minister Of War had re.
signed, and Lieutenant Colonel Reich
had been appointed his successor.
THE POPE
The accounts of the Popes health
continue conflicting The Paris 4foni-
tel,r represents that on the 18th a great
improvement had taken place; but ac-
cording to the Opiaioae of Turin, letters
from Rome to the 10th states that the
Pores illness had increased to an
alarming extent A secret Pontificial
bull is said to have been issued, order
ing conelaye composed only of the
cardinals present in Rome, for the elec
ton of a successor to Plus TX, before
the death of the latter is made known
to the public.
MR.. GLADsToyEs SPEECH
The London correspondent Of the
Manchester Guardian says:
" / am glad to hear that Mr. Glad
stone is preparing his now famous re
form speech for publication, and that it
will be preceded by preface explain
ing, perhaps qualifying, perhaps de
Tending, ms thesis that the on,ts protondi
lies on those who limit, no5 on those
who claim admittance, to the franchise
The subject is still the chief topic of
political conversation, and, in the words
of a rough-and-ready member at the
Literary Fund dinner last night, the
speech has made a tremendous row.
If one may believe gossip the leaders
Of the Ministerial party extremely re-
greet that such a manifesto should have
been ventured on from the Treasury
bench.
THE BANK or ENGLAND
The city article of the Daily News
says
1.-THE directors of the Bank of Eng
land, at their weekly meeting to-day,
reduced the minimum rate of discount
from 9 to per cent. A contrary move
ment-viz a rise from to 9-took
place on Thursday, the 9Th inst The
coin and bullion were then El2, 4j1, IA,
and are now 1926, 44G, showing an
increase Of eSl3, POP, while the reserve
ofnotes and coin has increased in the
interval by 81 ,4719l7, viz, from Co.
Gl9994 to G7,09I9ll (the amount
stated in to-night's return The IA
pidity of the addition to the Bank re-
sources, both as regards bullion and
reserve, during the last week, has
doubtless been the cause of the move
ment made to-day A strong belief is
entertained that the fall in the value of
money will yet make further progress,
the more especially as the exchanges
are still too light to allow of the expor-
tation Of gold from this country, while
the easy tendency of the continental
money markets, and the fact that the
rates are lower there than here, pre-
cludes the transfer of capital from this
country for employment in ordinary
channels abroad.