The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-01-08
THIRD EDITION
A New Era for France-The Policy of
M. ollivier's Cabinet-The Duke
of Genoa and the Spanish
Succession - To-day's
Gable Quotations.
FROM EUROPE.

English Reironchmept.
By the Frdnco-dmerican Cable
LONDON, Jan. S.-The English Cabinet are
continuing very energotically in the path OF
economy they have assigned TO themselves The
retrenchments are principally in the Admiralty
Departments and in the Department of Public
Works. This process throws a great many out
of employment at a very hard season of the
year, and meets with dsapprobatlon in many
quarters on this account.
1.-THE Duke Of Genoa and Victor Emanuel.
FLORENCE, Jan. S-The official paper, the
Opi.ior, Ndtiondle hasl an article, evidently by
authority, iustifying the resolution taken by the
Government and King Victor Emanuel to decline
the crown Of Spain.
Crisis In Spanish Affairs.
MADRID, Jan. S.--Thc crisis of the Cabinet
is believed TO be approaching solution, aud
the new Ministry it is thought will soon be
selected. The Presidency of the minority has
been offered to 0lozaga, the Ministry OF Justice
TO Rvero.
The Buc de BrogIIn and the English Mission.
PARIS, Jan. S.--Ld Pdtrie, semi-ofilcial, con-
tradicts the rumors that the Due dc Broglla is
to go MS Ambassador te London. There are
diplomatic changes no doubt intended but not
at the present time.
English Free Trade Meeting.
great free trade meeting is to be held here
on the 10th inst under the auspices OF the
Leagues.
Policy OF the New French Ministry.
PARIS, Jan. Sit is announced that during
the Presidency of NJ. Olivier over the French
Cabinet he intends to bring in a series of mea-
sures practically abrogating the law of public
safety (loi de salute publique) and article - OF
the criminal code. lie Temps states with great
positvcness that NJ. De Lavalctte has sent In his
| resignation, and also that Count Bencdotti will
| be replaced at Berlin by either NJ. Mallarct or
| NJ. De Mercier.
During yesterdays session of the Senate in
| terpellatons were made with regard to the
| diplomatic position OF France towards the
| Gcumenical Council, aud as to the commercial
\ relations of the country with other countries,
| and as to home politics. Count Napoleon Daru,
on behalf of the Foreign Department promised
| full information in reply to the interpretations
concluding with these words, 1--WE are men OF
honor and will keep our faith in every point.
| The reply to the interpretations is to be made
| next week.
This Evenings Quotations.
LONDON, Jan. s--i /. M.--COnsols for money, o2}y
for account, 92ss. American securities queI; o-2o
OF 1862 S6N; 1866 old, S59i; 1887, S5i 10-40s 81
Erie 17s4 Illinois Central, i02H Atlantic and Grea
| Western, 25H.
| PARIS, Jan. s.--The Boursc closed firm. Rentes
| 74f 75c
| LIVERPOOL, Jan. s-l'8O p. M.-Cotton quiet
| Middng uplands II I'D; middling Orleans, ii "a
The sales have been 10000 bales including 2Q0g fui
export and speculation.
Red Western Wheat ss@ss. ID
| Bacon, els Tallow, 44s Cd.
PARIS Jan. $3.50 y. ri. The BOurse IS now
finer. Rentes, 14f. BIC.
| FRANKFORT, Jan. S.--United States bonds opened
HkvRE, JAN s.--Cotton opened quiet both on the
| 81 Ot and anOat-