Daily Richmond Whig. [volume] (Richmond, Va.) 1865-1869, 1866-01-29
THE LATEST FROM Europe.

The City of Boston, Hibernian and Jura have all
arrived, bringing European advccs to the l4th inst.
The news is not of much importance. We make
few extracts: Is.
AMERICAN CREDIT DANGEROUS
The London Tines. in its city article, says
" Liabilities of enormous magnitude must nave
been incurred by tie importing houses oil New ORR
anu the other American ports. Should the rate oi
exchange advance 10 20 or 81 per cent, we may
well he expected, when the time comes to pay m
STEAD OF receive, state of Affairs might ensue tHat
would greatly disappOut. and embarass the Ian
cashne, Stailordshire and other firms who relying
upon the receipt of rcmittances At certain date To
meet the Hood OF bills which represent in oar dis
count markets Their American venture.
"Beief III the American power of resuSritatiOn
has now become rage. The pressure of debt
nearly twice great in lis annual burden a. that of
the United Kingdom, the characterization of four
million aborers, the ;icrce>t sectional anita onsn
and above all the existence Of protective and uro
hibtiye system, only u cplralelcd in China or ia
pan, are all drawbacks unworthy of notice in csti-
mating the future development of the energies of
the country. Something akin TO this has been wit
messed before
The Times then refers TO the state OF affair, whirl,
followed the great lire Of New York IN 1867 and
other occurrences, "a warnings against the present
system, and winds up as follows:
q II may be we'll to remind trading population
that when Engl'Shmen at that time We're accustomed
to dcplorc the losses they had sustained, they were
frcuentlv mel with the not alto gctcr unjust einiu-
selves for having by Their lavish and ndiscriIainac
confidence. impellcd young and sauguine nation
into an eNtravagant cjIe,T.
The Daiiy Ncry also partly attributes the high
rae ul money To the great expansion Of the export
trade 10 America, and the cledit given therefor.
The TECS, in another issue, dcyotes IN editorial
10 The monetary relations Of England and Amefic,
and urges thit merchants aud shippers should lr
prudent ia the extent Of credit which they grant.
THE rENiANS.
The Fcn.an trials were still progressing. The jury
could not agree IN verdict in the ease oil Bync, the
prisoner, charged with aiding the escape OF Stephen
the IRISH Head Centre. and were disc hlrgcd. 'yrnt
still remains in custody,
Il is reported that stephens was not allowed Ia
larry in Paris, and had gone to Gcaeya 10 confer
with NJ Person ana the members oil his international
! Revolutionary Club.
Seven mcn were arrested at Dublin ON the | lth.-
They were engaged in casting bullets at the limr
Jas. O'Coaner, book keeper in the - Irish People
Office, had been sentenced to years, and Kick
! lEan TO fourteen years.
The police OF Dublin have scared Il LARGE quantity
pixies and percussion caps and arrested two per-
Sons connected with their Manufacture.
THE MEXICAN QUESTION.
The Pati, correspondent or the Ilmcy SAYS thai
the Mexican d,luitv was before the last Ministerial
Council, and all. 81 nearly ALL the ministers we've
for speedy recall Of the French troops. The I'm.
pcror 1t = said does not think that the moment has
yet arrived 10 do safely, at least not un,l the La
pcror uf Austria shall have completed the necessary
foreign contingent To keep his brother on the throne
of Mexico.
The reports from Spain show no change in the
state Of Affairs. The Official dispatches represent
General Prim as in the mountains of Toledo ma
nmuvrng 10 reach Portuguese territory. General
COncha has returned 10 Madrid.
The provinces arc reported quiet.
Considerable umeasimcss existed at Madrid, bat no
outbreak had occurred.
Marshal O'DOnncll has stated in the Senate that
the circumstances OF the military revolt serious,
~ vast conspiracy existed, having qualifications
throughout Span. Public order had however oniy
been disturbed in AranureE, Orana. Ayila He
hoped flat order would hc restored, aud the state OF
siege raised in Madrid within two days. Marshal
O'DOnncll added that the in gents were cndcivo :
ing 10 enter Portugal. Esp@rtcrO remains usual
at his residence, ut LogroHu. Martial law has been
proclaimed in New CASTLE.
MADRID, January II. T.. M.-Latar official inta.i-
Crncc says that General Prim il retrrIting pccip-
lately towards Portugal. The principal mouHa,!n
passes are held by the royal uOOps. The dispersion
OF tie insurgents is complete, and tranquility PIE.
walls throughout the country.
The government have demanded authority from
the Senate In arraign Gruerai Prfm.
The disturbances which tool, place at sara 2ue,-.,
Oh tue in instant were caused ny criLh lr>iil''-
OF the authorizes, and those meIsures havm" been
recalled no further troubles have occurred.
COMMERCIAL INTELLIGENCE.
LivEErooL, January ia. M.-BrcadstGl.
Flour is nominal III 2IL2S,. wheat is shade rmer
business small.
Cottou-Salcs to-day 900 bales, including . GOO
bales to slrcuators and exporters. Market c..airr,
and quotation barely rnaintIined
Provisions alc quiet and steady.
MONEY AND SOCKS.
LoNDoN, January l2.-Unitcd States 5.2rs 66
Erie Railroad, 57lj7; Illinois Central Railroad, 7Gl
Il, cX-dvidcnd