The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-06-03
Forefgs, News.
BY the Persia. at New York, we have
dates to ~ 2Oth ult.


dates to sHe 10th ult.
Armaments were being pushed forward
with great energy in Germany and Italy.
The irst general order" had been issued
to the Austrian troops. Gsribaldi had
written his acceptance OF command in
the Italian army, and Italy was so enthu-
shstically excited that we are assured
IRON Florence shat tAe question in the new
capital foreign war or civil war"
The rumors OF peace negotiations were,
however, at the very latest moment. TO be
detected even amid the clang of arms
Lord Clarendon informed the English
House OF Lords, on the evening Of the 18th
were In communication, ne would not call
1t negotiation" with a view to the organi-
ZatIon OF congress in which all the Pow
ers would be represented.
Additional failures had taken place in
London and Liverpool during the subsi-
England return reported by the. Persia
shows that the bank had advanced the
sum OF 0,O00, 900 on private securities in
single week, so great had been the pres
sure, although the institution had not
availed itself of the privileges granted by
The report of the discussion in the En-
gilsh Parliament on the subject Of the
bombardment of Valparaiso produced
great excitement in the Spanish Cortes.
On second occasion the English Under
Secretary of State said that the statements
of Commodore Rodgers, U. S. N. and Ad-
mlral Dcnman, Il. N, on the affair, were
completely at variance
Mr.. Watkin called the attention of the
House Of Commons to the termination of
the Reciprocity Treaty with the United
States, and expressed regret that he found
himself compelled to consider that on one
OF the most important questions that had
engaged the foreign department for many
years the British Government had exhibit
ed great negligence. AIR. Laya.i denied
that the Government was negligent. He
Insisted that, after Congress had given
notice of it's intention to terminate the
treaty, Sir +. Bruce had done the utmost
with MIR. Seward to obtain a renewal Of it
or to modify it in such a manner as to
make it advantageous to both countries.
The reply Of Mr.. Seward was to the effect
that such negotiation was beyond the
limits of the Executive Department, and
that the question rested with Congress.
The alarm caused by the appearance
of the cattle plague i'll Ireland was sub
siding.
The London Times, of the 18th of May,
says: con the 5th OF June, there will be
grand dinner at Willis Rooms, to present
Capt. Maury with a testimonial, Which will
take the monetary form Of 1900 cuineas.
Sir john Pakington will preside
Consols closed in London, May 10, at 81
4S7! for money. United States five-twen
ties G5@66. The. Liverpool cotton market
was dull, with little inquiry, and prices
weak on the 18th of May. Breaistuffs
quiet and steady. Provisions dull
reports concerning the European con-
gress are conflicting. 1t is said that AUS
tria has refused to join. No direct ncgo-
tlatlon has as yet been addressed to Ia.
courts of Berlin, Vienna and Florence.
Active preparations continue i'll Venctia
Twenty battaions Of volunteers have been
formed in Italy, and it is believed that
more will be formed, in consequence of the
large number of enlistments
At the sitting of the Frankfort Diet.
yesterday, the Ministers Of the Mid,lluy
States represented at the Bamberg confer
ence moved that the Diet should request
the members of the confederation taking
military measures to declare whether and
upon what conditions they would be will
ing to order reduction Of their military
establishments to peace footing, simulta-
neOusly.
The latest vague rumors from Paris st at.
that hostilities had almost cemmenceL
THE SITUATION ON CHANGE.
There has been again a much better tone
IN all the markets to-day, with, at one
time, tendency towards fresh advance
IN conso!s, chiefly from the influence of
numerous purchases for investment. on the
part of the public. The first and last bar
gains were at yesterdays quotations, S7l6t
S74 for delivery, and S6t@S64 ex-divilend
Tor the account; but there was, during the
morning, temporary advance of l. Al
the Bank, to-day, although the discount
domand continues large, there has been
no pressure, and in the Stock Exchange
advances have again been offered ut from
eight to ten per cent. Expectations of gold
to the continent still take place, on account
OF the number Of short bills sent over for
that purpose during the distrust excited
by the events in London Of last week, and
partly, pei Laps, from the suspension of
the Bank Act being confounded hy some
parties with a suspension of specie pay
mcnts. The fact, however, that when the
panic occurred the total Of gold held by the
Bank was not far below an average, and
was nearly double the amount held in the
panic OF 1857, renders these operations un-
important, especially as large amount of
coin lately withdrawn for the provinces
may be expected shortly to find its way
back.-Londom Times, May 10.