The New York Herald Newspaper, January 24, 1842, Page 2

HIGHLYs IMPORTANT FROM EUROPE. ARRIVAL OF THE BRITANNIA STEAMER, TWENTY FOUR DAYS LATER. nt of a British Special Minister to the United States—Lord Ashburton— val of Charl French Chambers---Speech of Louls Philippe---No Later from China---Import- ant Movements in the Cotton, Money and Corn Markets, &, Oa Saturday afternoon, at five o’clock, the splen- did steamer Britannia, Capt Hewitt, arrived at Bos- ton, with highly impertant intelligence from Eng: land. The dates are to the 4th inst. from Liverpool —3d from London. Ashburton has been appointed on a epe- cial mission to settle the Boundary also to arrange the important question of the right of We understand that this distinguished statesman, formerly Alexander Baring, of the great house of Baring & Co. preserving the peaceable relations of Great Britain 3 He has also a vital interest in the preservation of the credit of the States—and in raising the depressed American securities to their former elevated condition. ‘The number ef passengers by the Britannia are YORK HERALD. Arrival of the Britay our colurnns the higt ritannia steamer, (From the London Times.] it gives us much pleasure to announce, that the Right Hon. Lord Ashbarton, at the request of her Majesty’s government, is about to proceed to the United States on a special mission, with the object of settling all existing differences between that country and our own. His Lordship, who will sail " *, had been asked to undertake this d consented todo so, before the Pre- Message had been received, so that the mission in question, whatever be its character or re- sults, has been had recourse to, wholly irrespective of anything contained or omitted in that document. The step itself, we think, is a wise one, inasmuch as the introduction of new elements of irritation contingent upon further delay,might eventually ren- justment unattainable, and in- volve both countries in all the horrors of war. | We donotknow that any great expense will be incurred by this mission ; but, even it there should, the vast importance of its object, which cannot pos- sibly be overrated, is more than sufficient,terminate how it may, to warrant the expenditure of a much larger sum than islikely to be required. Nor is it a trifling merit on the part of her majesty’s present ministers that they have thus undertaken an enter. prise which, be it successful or not, is manilestly adopted on the most_rational data, with the best Two things, at all events, are clearly demonstrated by the appointment of this special mission—in the first place, that the conserva- tive government, instead of imitating the whi prosecuting a series of speculative political experi- ments, are steadily addressing themselves to the re- such practical evils ae, by engendering a want of mercantile confidence, operate injuriously upon British commerce; and secondly, that Sir lt Peel’s ministry is intent, by all practical means, upon maintaining the blessings of peace. i Neither must it be supposed that Lord Ashburtoa’s mission necessarily implies any deficiency in the in structions or powers of the American minister at Those instructions and pow- ers, we have 20 reason to doubt, are of a plenary order; while, from the known discretion and ability as well asfrom the very short period excellency has been in this cqun- try, the presumption is that, for various satisfactory reasons, it has appeared that the disputed points be- tween America and ourselves had better be entirely committed to Lord Ashburton and the Washington Cabinet. The appointment of a special ambassader from this ccuntry is, of itself, a piece of marked re- spect toth U, States Guvernn ent,f{which can hard- appreciated, and of paving the je negotiation. 2 arrived at Boston on Set By express from B wenee, yesterday moi re sent to our e at 2 o'clock, all over the Southern pest 2.0'clook we in afew week searly three hours in a: and cireulated the in lock in the afterneo nee by thousands ne city before 3 oe news, in one imp ingularly important der an amicable adj Baring) oa a@ special miss Asbitis Lataliand disputed points tucen the hwo countries. by the Tory Miaistry of st remarkable events of snd indicates the extraordinary » United States stands in the li Government. land, whig and tory, liberal servalive, approve, eulogise and look for the results froma this mission. The motives which have caused a tory: te adopt this bold, this moral, this highly compli- conduct towards the unsettled differences is mission, institute Ungland, is one of the m possible intentions. United States, are ‘The commereial and moneta- ry relations ol the two countries, are probably equal A-great many of the English no- iulity are holders of state and other stocks, and this voflaential class have undoubtedly stimulated the If it should succeed, it is possible to Jook for better, more peaceable and happier times, ‘aan we have seen for the last few shall now look, with great arrival! of the British Special Minister. ickens, with his amiable lady, is a pas- vessei, aud intends to remain here a few weeks, to see the country. Lord Mulgrave, a distinguished literary man, the author of many works of great merit, is also make a tour of Many other distinguished noblemen and gentlemen of England are preparing it this great country—and a vast quantity of emigrants for the Mormon country, are converted and coming out. Captain Bailey, who, at the last accounts, was at the point of death in Liverpool, has recovered, many aad siagular, © 200,000,000. United States her majesty’s court. interest, for the during which al of John C Twat or Joan C. Conr.—The opens again to day, in the C Terminer, at 10 o'clock The interest and excitem case have not flagged one io We conceive this news is highly important. efforts of England to preserve the peace of the world, and to settle amicably all differences, are praiseworthy in the extreme. The news to our cotton dealers and flour mer- chants, is also favorable. There was some improvement in the general state of the Money Market, although great excitement existed in relation to the state of affairs en this side The house of Nicholson & Co. had failed, the leading houses, however, still stood firm. Lord Ashburton’s intended visit to this country is to look after the interests of those interested inAmerican property, himself and house being among the most deeply involved in American securities upon London Change. He is said will be charged with a proposi- tion by which anarrangement may be made to re- lieve the stock market from its present embarraseed position, and consequently to lighten up the markets Notwithstanding recent here, the best feelings seem to exist on that side. Mr. Motley, Jr. isthe bearer of despatches to out human nature not to abuse it. The power begets} government, from Mr. Everett, American Minister the ambition to do it, if itfhad evenno pre-existence. Our greatest anxiety is for the possession of wealth, aad as this privilege offers the most fertile medium | Mr. Lee and son, Mr. Bradbury and lady, Nr. C. S for its acquirement, the facility becomes irresistible. The laws should,, therefore, carefully guard against the exercise of a power so destructive to the welfare of the community,*by prohibiting its existence. Let but a body of men calf themselves Bankers, and a thousand pounds of real capital is more than eufficient to enable,thern to put notes into circula- tion representing two hundred thousand pounds ! The original sum may befwithdrawn after getting this immense fictitiovs amount afloat, and the par- ties may then trade extensively without risking one sixpense in the concern! ona cautious business of disceunting alone at 5 per cent, an annual profit is insured of £10,000! that is £10,000 a year arrising from the employment of no capital whatever! % Can any system be more monstrous than this isthere any other occupation in society in which so enormons a benetit is ensarable out of nothing 7 But should the parties engaged in banking become ambitious of obtaining rches more amply and more rapidly than through the medium of discounting, then an unbounded field is open to the wil most rainoas of speculations, limited issues, and the only check is a loss of con- fidence ; bet when this occurs, a ran takes place; to convert, a disappointment enenes, the bubble bursts, and thousands are thrown into a state of destitution who never dreamed of being the victims of such a in this remarkable It seems to gather A great deal of ly fail of being dul way for an amical tercourse, too, between our special envoy and the leading statesman of America, dictated by a cordial anxiety to complete an infrangible, bond of amity, cannot but be attended with beneficial results. that both parties contend for may not be immedi- ately secured; but, by reasonable concessions, like ly to be yielded without dishonor to either side, the main points in dispute may be so reduced in impor- tance as to render future surrenders more advanta- geous to each other than a dogged adherance to mere unsubstantial punctilios. e Lord Ashburton for this delicate mission seems to ug, upon the whole, to be deserving of eommenda- tion. His Lordship is, by universal acknowledg- ment, the prince of British merchants. i With immense mercantile interests, extending over the whole world—interests which, while pe- culiarly identified with America, cannot suffer in- terruption in any quarter without incurring @ serious injury in their entire range, his Lordship has the dinz to the United States, not with the highest claims upon the consideration of the trading community, but with a direct pereo- nal concern in the maintenance of Thus, while the independence an Lord Ashburton place him above the suspicion of yielding to extravagant demands, which he can his Lordship’s large and_ inti- mate connection with American commerce ma) naturally be supposed to deter him from all suc petty sticklings as may obviously tend to interrupt it. ‘The Noble Lord, moreover, is thoroughly ac- qtainted with the whole question touching the right of search, as affecting among all nations, the per- fectly compatible interests of humanity and trade. That Lord Ashbarton’s appointment will be accep- table to the U: S: Goveramsnt may be fairly inferred from Mr. Everett’s concurrence, and we certainly augur from it the most auspicious results. grant that we be not disappointed A friendly in- it reaches its close. ated yesterday, in consequence of the appearance of “ that kiver’? to the box in which jead body of Adame was found. We learn that evidence will be produced, showing that to no care- ness is this loss to be ascribed. time ago, awatchman, by the name of Bur- gese, went into the cell where Mr. Milikea had deposited it, under lock and key, and took it away jor the purpose of firewood. This fact will be brought in evidence to-day, an disperse the suspicions that the loss of ‘‘ that kiver’ It seems that, ‘he selection of New System of Banking. The most mischievous privilege that can be con- ceded to indviduale, separately or conjoiatly, as companies or corporations, is the permission to is- vue the paper enrrency of the country. advantage of pros Mr. C. F. Shaw, Mr. J. A. Taylor, Mr. Batterly, Mr. Toombs, Mr. Solomon Hopkin, | wel, afford to re Stewart, Mr. Kelly, Mr. A. Sheetland, and others are passengers. The election in Mississippi, on the repudiation principle, had made a great sensation in England. The Cotton Market was mere steady thun at the previousdates; buyers came forward freely. The demand was promptly met by the holders, and pri- ces improved an 1 8d. The prices of grain had improved in some degree, and an advance on flour had taken place. The Queen Dowager is said to be convelscent— but some of the papers express doubts of the fact, and suppose the announcement made to prevent any gloom being throwa over the approaching feativities The whole of the persons accused of having taken part inthe attempt to assassinate the royal dukes, as well as those charged with being con- cerned in the cemplot in which the attempt is said to have originated, have been found guilty, with the exception of Prioul. ‘ » the principal Colombier, the owner of the wine-shop, and Just Brazier, are condemned Vafour having, no doubt, eoafessed, is sentenced to deportation tor life, with Augustus Petit and Jarrasse. Boggio and Mallet are sentenced to fifteen years’ detention ; Lannois and Boucheron to Dapoty is condemned tention, and Bazin undergoes the same sentence — Bouzet, Considere, Martin, Fougeray, and Prioul are acquitted. A R {tis understood that the life of Quenisset will be spared. Speculations differ asto the fate of Colom. some assume that they cannot be Quenisset be spared ; others aver that they willbe guilotined ¢ : A protest against the condemnation of M. Dupo- ty, editor of the Journal du Pew of sigaature among his political dred names wei If they prudently carry The Great Wester reached Bristol on the 16:1: of December, having made the voyage in 13 days. The Roscius on the ith, alter a passage of 18 days. The Caledonia on the 16th, in days from The Acadia on the Slet, in the same lego igat There had been several frightful railroad acci- dents in England attended with extensive loss of bier and Braz’ The boisterous weather on the English coast had prevented the packets from leaving at their ap. The England did not eail till the 18th. There had been several shipwrecks en the Tt eurprises me that a system fraught with such maelanchoty consequences, eo frequently exempli- fied, should have been so long tolerated. The ope- rations of banking are useful in a commercial state, if confined to the legitimate objects of deposi ceipts, and payments ; but the moment indivs are permitted unlintitedly to issue slips paper,inttiasi- cally worth nothing, in exchange for rei then an eagerness for gain engenders epeculation— the metallic currency and every,saleable commodity fluctuates, so as to render the result of every mer- cantile transaction doubtful, and disappointment and destitution overwhelm thousands who have de- served no suchfate. In this my first public communication, locally, on thie important subject, I shall confine myself to che mere outline of a plan which I have repeatedly urged ca the attention of the government and legis- jJature ia England, and which I now have every rea- son to believe will be carried inte effect at the expi- ration of the charter of the the subject be found acceptable to your readere, I will co minutely into its ramifications hereafter. In order thea to prevent all the evils which hawe fritherto been inseparable from ¢he present syetesm ea and to cr} tin Dae ae eee the prosperity. ropoee that a National Bank be formed on account of the whok Union, witha branch én each State, or that a bank be estab: lished on each State's seperate account To te administered by commissioners. To be the only bank of issue no private business on ite own private ac. count, bat to discount for all joint stock danke ia the same State,in proportion to their paid up capital, ‘| notes being coavertible on demaad. ‘This eystem weuld pointed time. le, was in progress said to have been already affixed. The leading topic in the Paris papers of the 24th and 25th ult, is, of course, the late judgment of the Court of Peers, in so far as the editor (Dupoty) is concerned. Their language is, however, compara- No executions had taken place The National announces that the sentence on (Que. nisset, Colambier, and Juste Brazier into deporta- tion, had been officially annouaced to them. The conviction of Dapot violent attack upon thefreedoi of the The King of the French opened the Session of the 27: ult. with the following speech The French Chambers were opened by a speech from the King oa the 2 quiet at Paris, and the reduction of the army was Every thing was tively moderate. The news from Turkey and the East indicata further disturbances. There has been a change of ministry at Con: There is nothiag later from China than has been received direct atthis port. was considered as a Chambers on from the throne :— “ Gentormes, Peens, xm Derutirs,— “ Since the close of your last ses which excited in the Kast our just reached their term. Leap Monrer® axp THe LKepresextation or Doves —The Liberals of the city of Dublin have determined to bring forward Lor candidate for that city, int able and lamented Conservative who died last week, after a v they kad seught the w! could not have found a or more deserving of success. The Messaye of President Tyler h ed and read with mue' interest and pacific tone caused an immediate ti The Liverpool Chronicle remarks in reference to the seniments expressed att | Morpeth here, that “ the irritation and bad feeli —thank heaven they a cious scribblers on thi: light in representiag th hing that is mean, d Tur Excunquer B. revised statement of E to the following eflect :— “* That he was introduced so long back as IS20to Rapallo, Solari, and one or t Tkat soon afier, b dation bills, he was quer bill of 4 h jon, the questions rd Morpeth as a place of the late ami- member Mr. West, ery short-illness. I] hole empire through man mere likely to succe I have concluded with the Em- peror of Austria, the Queen of Great Britain, the King of Prussia, the Emperor of Russia, a convention which consecrates the common intention maintain the peace of Europe, of the Ottoman empire. “The great burdens im already experienced consi have been my lively wish that a balance should have been immediately reestablished bet ture and revenues of the we must now prepare, without weakening our out deferring the execution of those works which are to increase the national prosperity. ¥ “A project of a law will be the principal lines o/ roads calculated to insure those rapi nications with all parts of our territ prove a source of force and riches to the nat “Tam endeavoring, atthe contlucted, to ext of the powers to and consolidate the repose posed upon the count ad been receiy- Wderable reductions. icweuls between the expendi: b isthe result which end which you will achieve military orgaii: he dinner given to Lord they will go far to nutralise ing engendered by a few te but few !—pany and mali- s side of the water, who de- Americans as being every jonest and infamous.’”? wi Fraup.—The final and mith to the treasnry is ented to you for con. | T system of rail- and easy commu. | which will | rodace a cozsiderable local revenue, furnish @ well-seeured, umple and vathuc- (uating currency, prevent improvident discounte, and ipeculations by joint stock baeking comparies, whick have hitherto been productive of so moech ruin to ¢he community, fix and reader almost invariable the excha all valuable commedities, general @perations ef banking to thue proper end Jegitimate objects At the desire of his Excellency, the American Ambassador, I have laid this suggestion before ake Governor of each State, and if it be considered as meriting atteauon, I shall feel much gratification by bemng rendered instramentalto its promotion. ‘ime, by negociations id our commercial, rela- tions, and to open new markets for the productions of our soil and of our arts, “Such labors honor peace, end render it stable avd fruitful at the same time. I have resson to reckon that it will not be disturbed, receiving from all misehievous wo of their aseociates ing entangled in accommo- npted to * borrow’ an exche- 4), in order to raise money to meet res and the prices of othere confine the all the powers “Thave taken m plication from distu ¢ sures to pre com- That a speculation was entered into b: ag the Mourhy of oe al eat and his friends, which, if successful, wa extrieated all parties from thei proved most unfortunate, and pl licreneed perplexity und trouble arendy it lay in hie misapply alinost a wanting only the sycnature ; gery, to curn them iat. heneeforth and forever Frenc neble labors, in which } om happy that my sons | barked, and the final evacuation was to take place had the honor of concurring. shall complete the work nndertak army, and France will introduce into Alg. lization as the consequence of her glor; “The financial laws and others, object to introduce lunged them into Our’ persevera power at any time wy number of b id by a simple fo good and velid exchequer jaher civi- | ———— to secrete and Onarnam Treattr.—The spleodid spectacle of Undine comes oat to night: let every body goand see it, The production of this pieee forme aeite an era in theatricals having for their fal improvemeuts inthe public “That ao person of rank or public cl any way mixed up in the trang. beiog himself, Solari, i whose offiee was in Ba- sinzhall street,at which place they used to meet and concert their plans. ves the total amount fabricated to be 3 but it is donbtful whether a sum ty not included in this total. still maintains that this whole amount has 'o time, in gambling trans- whatever; was i action; the part acd another individual, culty if faction’ did struct the course of her not dweil vpon the intrigues and crimes of but let us not forget, gentlemen, that it is ¥ from fully enjoying all | ri bey be upon it, of that cific liberty which France has at 1 saved, ova ot which I make it my “We shall follow up this tos vernment will do its duty. Late rrom Texis —We have received papers Jalveston and Houston, up to Jan. 3. An attempt had beea made to impeach the Pre. wident for fitting out the expeditioa to Mexico, bat it failed, the House rejeeted the resolution We learo that the following appointments have been made by the President, but firmed by the Se Dr. Anson Jone: bars our count hi i of £40,000 is or ad not been eon- e when our informant left:— ecretary of State. K. L. Anderson,the preseat Speaker of the House to be Secretary of the Treasury. . Hoeckley, Secretary of War and gentlemen. My go- | . It will maintain everywhere hority of the laws, and cause them pect them itself. Your loy- itening the country with rd to its true interest, we ¥ your union keep nd my ¢ liberties sted, from time ti ONS ON the Stack bx, al support will aid persevering tince shall strengthen by tow ro THe LU sire Srares.—Lord h ss been favorably re. ad given atone of Achburton’s ap ceived in commercial confidence to the hold iip’s appointmen cans, a8 the Mesers. Bazin yeais most extensively eagay und, in fact, the agente of Ment in monentary operations. sides weitizen of the great Repu the largest landed proprietors, Pennsylvania entire, the sacred dey W. Terrell, Attorney (jeneral Asa Brigham, Treasurer. A.C. Hyde, Clerk of the Post Office Dep Gail Borden, Jr., Collector of the port of Galves- 18, will reap the fruit of our endeavors tude of our country will beour recompens. The speech of the K ng excited very little auten- tion in Paris, The aspect of the Chaniber was very cool—indeed there were not more than one or two members who were lond in their acclamations.— The whole affair of the opening went off in an un- | usually sombre manner—no feeling disp! part of the King, nor on that of the Deputies. A company from the vicinity of Rutersville, who had been on an excursion some eighty or a h miles fa the interior, returned and reported that | they discovered no Indian trails, and that no appre hensions need be entertained of their predator twithstanding all whieh, ten foo, in the 8: Hie talents as a man of busig Ile is one of the fargest how and Lady Ashburton (late American by birth f state bonds, and American constitu ers inthe United States, " Mise Bingham) is an ans from the ) v- curgions at preseat; n or fifteen horses were stolen by the Ind. yard of Maj. Brigham, i might of the 15ch inet In the House of F committee on finance reperted, a the passage of a resolution m.kiv alone receivable in payment of « t Jin the history and value o yin the city of Austin, on the | of the peculiar stricture of the », le will be able to press upon the attention of of punciual provision Ns he Americans them- soreatest entforers by the distrast with ived froin Madrid to the | buyers of Mexican stock appeared, and the con va decree of that date, the Regent had | o* 0n adi 'y of the royal guard, the | nged to noble families.— fre to be replaced by two regiments of , to which very signifi. ne the first were called | presentatives, on the I7th, the recommended | for tie pub gold and wilver rans the neceasit pressed the whole cavalry engagements are thereby deprived of one of their prin means of supporting their own prosperity, und, wn- til their credit he restored, their trade and manufac- tures must be ina depressed a tisfectory arrangement of their diflerenceswith this country is, inthe first place, absolutely necessary, as a prelude to the future happiness and welfare of the Union; and this important objec , we trast, will now be accomplished.—London Morning Chro- the regiments of the Constitution of Espana, d the others of toand Pavia. It Te- solved that, hereafter, the guard of the Palace, d_condition, But a sa- | should be intrusted in turn to the diflerent corps of the garrison. zs Apartments were preparing for the reception of the Infante Don Franeiseo and hi a - It was expected that the municipal elections both in Madrid and in the provinces, would be carried by the Demoeratical party. i: Se 4 ‘The Ministry had prepared a municipal bill,which was seid to be exiremely liberal, and no doubt was | entertained that it would meet the approbation of the Cortes. Several other bills, equally important, were also on the point of receiving the sanction of the Cabinet ; and among them were one relative to the cottons of Catalonia manufacture, and another regulating the corn trade. Madrid journals of the 14th December, publish a despateh from the Captain-General of Cuba, an- nouncing that fifty negroes employed in a manufac- tory in the island had revolted, and that ithad been necessary to send a detachment of troops against them to reduce them to submission. They defend- ed themselves obstinately with such arms as they could put their hands vpon, and the result was six killed and ten wounded. Order was soon after- wards restored. i We have intelligence from Madrid to the 23d of December. Nothing further of importance had oc- curred, except a somewhat serious difficulty between the governmentand the ambassador as to the man- ner of presenting his credentials The former insist that he should present them to Espartero the regent, and the latter being instructed to present them to the (Queen, Austria, The French journals contain a letter from Vienna, stating that the commercial and financial crisis hav- ing compelled the undertakers of railroads to inform the government that they must either suspend or de- lay their labors, the Austrian cabinet, which attach- es the highest importanee to the termination of the railroad Between Trieste and the Danube, has come to the decision to aid the contractors. A diserming has consequently been ordered on a great scale.— Thirty thousand horses are immediately to be ined of, and the sumsarising from this sale, and from others connected with the disarming, are to be exclusively applied to public works, but especially to railroads, Algiers, The French Minister of War has received from General Bugeaud a dispatch, dated Algiers,, Dec. 6, containing the intelligence that seven tribes on the banks of the Tafaa have been sent to the mouth of that river to convey their chiefs to Oran. This news was announced to the Governor General, in a Oran, who, with General Mustapha and one hun- dred native cavalry, had gone to meet these new al- lies at a distance of twelve leagues from that town. Colonel Tempourre had also sent word that Ben Hammedi, Al ader’s Kalifa at Tlemcen, had been completely defeated by Ali Yamani, who is allied to the French, and had been forced to retire towards the frontier of Morocco with only 250 horse- men ; that this regular battalion had been so much dispersed thatjthe men had disbanded and retired to their homes ; that all his baggage had been pillaged, as had also beem the town of Tiemren, by the Arabs, and that this place had been completely evacuated by Abd-el-Kader’s adherents. Gen. Be- deau had sent word from Mascara that the Beni the Chelif near its mouth, were in open revolt againet the Emir. tries between Algiers and Metidja was perfectly of El M the east. cattle, and had killed 20 Kabyles. Russia and Circassia. Circassians over the ginning of the war. lect their anchorage. portunity, essailed them fiercely on every side and mence a disastrous retreat through a country con- sisting entirely of mountain, forest and defile. With the exception of two thousand who escaped to Anapa, the whole of the thirty thousand weie killed or made prisoners; such are the accounts re- ceived from Trebizond. tremendous disaster of the Russians are eagerly ex- pected here. Turkey and the East, Smyrna the 29th, and Athens the 30:h November. entering into the counciis of the porte. Selim Pasha, forcibly pacitied the Marb Drnses retired into the mountains and defied him. stantinople, and the appointment of |: announcing that the King of Greece the mediation of the three powe: the head of an independent state. melee Sibstria ped ap ae A hostile move- ment on the part of the Sultan was dail: - hended. It was indeed rumored that the ‘Turkish fleet would direct few days. The Journal Smyrna of the 9h ult, announces, sures taken by the Turkish autherivies, had put aa end to the calamities with which Syria was visited during the last two months Redschid Pasha, at the head of a strong Ottoman force had arrived at from resorting to cruel reprisals agaiust the Druses, and to repress ali further hostile movements on either side. _ Troops sent from Damascus replaced in that posi- tion those commanded by Kedschid Pasha, part of which occupied Deirel-Kamar, and the rest returned to Beyrout. The Pasha of Damaseus succeeded in saving the Christians of that city from the fury of the Mussulman population. Detechments of troops pa- trolled the streets day and night, and maintained public tranquillity. Several Musstilmen, convicted of having burnt two Greek churches, had been sentenced to the gal. leys,and to the payment of the costs of their re- consiruction. The Greek patriarch having inter- ceded in the favor of the ettenders, had obtained a | emission of the first partof the sentence. On the 23d November, an English war steamer reached from Malta, with orders for the British to evacuate | Syria. All the officers, detached here and there throughout the country, had in consequence, been immediately recalled. The park of artillery landed from the fieet, and | the rest of the materiel was already partly re em: on the 4th, The English station before Beyrout was | toconsist only of two steamers and a frigate. The l'rench had a brig and a corvette on the coast, and the Austrians a corvetie. The later, however, were expecting another vessel of war, with M. de Adel- | bourg, new consul generalof Austria in Beyrout, on | board. _ From Egypt we learn that the new tariff of du- ties has been put in force in Cairo, which authori- zes the exaction of 9 per cent. interior duty on ex ports, and 2 per cent interior duty on imporis, whilst an additional 3 per cent. import and export duty must be paid at Alexandria. “The cotton crop of, last year ,” says a corres. | pondent, “has been very small ia conse quence ot the great devastation of the Nile, and it is expected that that of this year will not be much more abund- ant, owing to the same cause. Of 72,64) bales ex- ported lagi year, 20,830 bales have gone to Liverpool 35,421 to Marseilles. and 16,38 to Trieste: and t re only now remainsia store about 1,59) bales more. Ouly a few bales of the new cotton have yet arrived in Alexandria. ’ # | Markets, Loxpox, Wepxesnay Evexixa, Dec. 20.—The funds have recovered the depression of yesterday, and deal of business has been transacted at the better reed ‘The careful reading of the President's Message, and the tory tenor of the speech of the King of France, d this reaction, Console for the account clored S21; Three per Cents Reduced, 89} to j; Three Half per Cents Reduced, 99 to}; Exchequer Bills, | 136, premium 5 Lony 12); and Bank Stoc ust before the tto Annuities, (expiring Jan. 6, 1860, Wwe em) of the foreign market several uence eof nearly one per cent upon the former price of the day, it closing 27§ to 28. ‘The oth ir stocks few bargains were m: inthem. Spa 4 to }: Portuguese Five per Gents its 19} to 20; Dutch Two Brezilivs 63 to 05; and per Cente 61] to 62! p WOE to 10), letter from Colonel Tempourre, commandant of Greloaf and the Beni Zerouet, onthe right bank of General Changarnier had made another sortie from Blidah into the Atlas, and had brought in some prisoners and cattle. All the Sahel or hilly coun- tranquil—natives continued to come over to the French in Algiers, and some had reported that Ben Salem had been again defeated by Ben Diaf, Kalifa ‘1 Mokrani, who is the chief of the Medjana, and allied to the French. Lieutenant Pelle had re- turned to Algiers from a razzia among the tribes of He had brought in 800 sheep, and 1,800 Intelligence has been received at Constantinople by way of Trebizond, of a victory gained by the over | Russians; the most signal and decisive, it is said, that has occurred since the be- A large expedition, consisting of thirty thousand men, had been disembarked on the coast, with a viewszof destroying the grain, which had been col- by the Circuesians after the harvest, when a storm having suddenly risen drove the ships from The Circassians, availing themselves of the op- the Russians, separated from their stores, which had been carried out to sea, were compelled to com- Further details of this By.the Levant mail, we have adviccs fram Con- stantinople to the 27h, Alexandria to the 25th, The armanents siill continue at the porte without any rational cause being assigned for such demon- strations. Jealousy of Greek intrigue, and a vague apprehension of the future, appear to be the only motives for tae Sultan indulging in so much unne- cessary expense. Khrosrew Pacha is living in & re- tired manner, and apparently is not desirous of again with an army of 3,000 men, has sof Lebanon; butthe ‘The chief features of the advices brought by the Levant mail were the change of ministry at Con- zzet Mebemet Pacha to be Grand Vizier m succession to Raoult Pacha. Accounts from Athens had reached Malta, had declinea ‘ to whom the Porte had addressed complaints, declaring himeelf According to the Turkish accounte, the number of troops concentrated in Asia amouated to 900,000 men, who were for the most part directed towards course towards Greece ina under date Beyroutthe Ist, that the energetic mea- Zable, in time to prevent the victorious Ghristians Fawwar, Dec. 31 —The English Funds have shown in- creased Grmuess and towards the close of busi- iF cent took place, = e to-day, ness a further rise of fully } pe sols for the opening being last quoted at 89) to 3. Three per Cents Reduced to 49§ to }; New Half per Cents, 93} to }; Exchequer Bills, premium. Th sh ef the Januar; dividend tend to create a feeling in favor of and the accounts from the manufacturing districts are rather better. It was also reported in well informed circles, this afternoon, that Lerd Ashburton would proceed on’ a special mission to the United States as soon as his labors regarding the Exchequer Bill Commission had been brought to ater- mination. ‘The coupons on the Active stock up to the Ist of Ja- nuary, 1841, will be cut off, and the Three per Cent Ac- tive Stock given for the sume in exchange, which stock, by the decree of the 2ist of January, is also made spe- clally receivable in the purchase of the property of the secular clergy at par. ‘This was settling day in shares, and was sheary one, the bargaii late being generally for time; and hence in many cases this sort of investment bears a fictitious value. The jobbers state that. this course of dealing is resorted to to obvi e delay arising from the inabi- res immediately; but it isa iesof business which,by generally ends in the ruin of those engaged in it. Money was tolerably plen- tiful, and therefore the settlement went off comfortably. Great Western left off 87 to 88; do xew,61 to {; do Fifths 10 to }; Brighton 39{; Blackwall 11} to 12; do new 73; ham new 29; hester and Leeds 70 to 71; do new 20; Midland Counties 85; South Eastern and Dover 22; do new 10 to 4. Jan. 3.—There was not much business transacted in ‘The almost unvarying price of Consols for the Account (to be settled on the faith inst.) wae 89} buyers and sellers. A feature deserving remark howing theconfidence of the public in Exchequer is that the premium upon large and small bills has ced to 178. India bonds have touched 5s. premium, the highest value that hag bee: ained for a considera. ble time past. Bank stock has advanced to 166}. In the past year, Mexican Bonds have fluctuated be- ween 22 4 ‘and 31 §; Brazilian between 49 and 74}; Por- tuguese Five per Cents, between 29 and 34}; and’ Spa nish between 17) and 25j. Ailthe foreign stocks have shown a buoyant appeavance. The market for Spanish stock was buoyant on Saturday. The value of the Ac- tive Stock is as nearly as possible the same as it was at the commencement of last year, and that, too, after a fall to17} The bonds {opened at 25 to t: Mexican bonds for the next settlement nearly touched 30, a higher point than has been atteined for a very long time past. The dividend which will become dueon the ist of April next, will be, we are assured, shortly advertised. Chili and Mexico will then be the only dividend paying states of the whole of South America. ‘The last price of Mexican Bonds was 29} j both, for money and time. Spanish Stock closed at 25} 4; Aus- trian at 109; Belgian at 101}; and the Dutch Two and- a-Half per Cente at 51}, without the half-y ear’s dividend. which was in the course of payment. Some idea ofthe fluctuation of Railway shares, oc- casioned chiefly by speculation, may be obtained from the extreme prices oftwo principal ines, from the first ofJanuary last to the present day. The London and Birmingham Shares have been at 182 and 144, the latter without the new shares, and the Brighton at 34 13 to 43 94. Lovo Cons Excuanor, December 21—The supplies offrish Oats are very large, being aout 3,600 quarters. Of other kinds of Grain and Flour the arrivals are mo- derate. Wheats of ford quality reach Monday's prices. O.her kinds aredull. Barley isa very slow sale. Oa rather cheaper, Beaus, Peas,and other articles unaltet ed, with little doing. Annivars—English Wheat 2,030; Barley 7,630; Oats 6,870 ; Irish Oats 36,320; Foreign Wheat 2,250; Oats 1,810; Flour 3,410 sac! State ann Paos The circular of tl for the year 1941, which i op. portunity of offering a few remarks upon the present condition and future prospects of this important brench of manufacture. Belpre entering upon the: 8 or tHe Cortos Market. Cotton Brokers’ Associati we shall endeavor to bring before ou readers, in cinct form, the principal facts and fignres which that va- luable document presents to our notice. The total import of cotton into the United Kingdom during the past year has been 1,341,649 bales, against 1,600,408 imported in 1840, shewing a decrease in 1841 of 258740 bales. The stock in the ports on the 3ist Dec. 1640, was 464,050, and on the Sst Dac., 1611, 549,660; being an increase in the stock om hand ‘of 75 bales. It is estimated, however. that, as a set off to this increase of stock in the ports,the quantity at present held by “the trade” is less by 40 or 50,000 bales than at a corresponding period in the past year. ‘The deliveries for conaumption have been 1,146,720 bales, or an average of 22,052 bales per week against 24,724 in 1840. This, onthe face of it, is a falling offin the consumption of 9672 boles per week, or 10 per cent. Taking into consideration, however, the diminution above mentioned in the stock held by the trade, the con- sumption is estimated to have been 23,000 bales per week, being a decrease of 1724 bales from that of 1840, but an increase of 2640 bales upon that of 1839, which is stated, however, in the circular,we submit erroneously, at only 1800. The imports iuto the port of Liverpool during thefyear 1941 have been 1,161,949 against 1,416,266 in the year preceding, being @ considerable decrease, The stock on hand, in our port on the 3ist Dec. 1941 was 1840, being an increase ef 63,630 bates held in Liver- pool. The features which have most strongly marked the transactions of the cotton market Suring the past year have been the gloom and monotony which have per vaded ic throughout, and the almost total absence of ex: tensive fluctu prices which. with one or two triting checks, have kept steadily declining, to the ex tent of 3d per Ib. for “ ordinary” American, and 4d for * middling” and better qualities. Long-stapled cotton, of all descriptions, has been of Jul sale elmost from the beginning of the year te the end, owing, informs ua, to the want of demand for ot the yarn, Sea Islands, after sus rise in January, owing to reports of clined afterwards to the extent of 4) highest point, or 3}d in the year. Egyptians have fallen Siper Iv. and ail sorts of Brazils are 1Jd per Ib. lower, the demand for neither one description nor the other having amounted to “briskness” at any period of the year, In East India cottons, however, the transactions been unusually heavy. The imports, owing to oppage of the markets of China, and the increased production of the article in India, have exceeded these of last year by upwards of 50,000 bales ; and the conse quent Teduction in price below their relative value hat brought them largely into consumption, the deliverics for the trade during’ the last five months having av- eraged 300 bales per week. Upon this statement of the transactions of the year, the writers of this cirenlar remark that“ there have been former years where the fluctuations have been more marked and more sudden—when commereial credit has been m erely shaken, and when the pressure upon classi upon individuals has been equal and perhaps more intense ; but for magnitude of losses —not in one but in all branches—for deprec: m of fixed ca- tal, and for the extent and duration of suffering, there is no parallelto be found. Of the causes of this state of things, that which lies nearest the surface is, the mis- chievous facility for raising money afforded some time past by joint-stock banks, by which millsand machinery to a vast exteat have been prematurely called into exisi- ence, and the production of every specics of menufac- ture stimulated in a most extravagant manner. To these causes may be added the financial embarrassments of the U_8.,the interruptien of the Chin: of evils consequent upon vests.” So far, the association of cotton brokers, com- prising amongst their body the most influential and in- telligent portion of the trade, of every shade of party, appearto be agreed; and we recomuend their epinion to the serious consideration of the “ Li who s0 pertinaciously misconduct of the joint stock banks, or anything, in fact, but the want of their own favorite nostrum, have had any part in causing the existing distressed condition of the manufacturers of this district. We feel bound, however, to state, that whilst the as- socistion at large appear to agree upon these as the im- mediate predisposing causes of the peculiar position of the trade which is under their notice, there are indivi« duals amongst their body wiko lean to the impre that the evils under which they labor are attribu to the “narrow and exclusive policy of our commer. cial tariff,” and who look fore ard “to our manufactai resuming their wonted activity, and after awhile rega n- iug their lost ascendaucy” only from the adoption of & more“ liberal” system—from’ the adoption, in short, of a free trade in grain. Amongst the membersof such an association, it is natural that there should be a por- tion entertaining such opi But it is gratifying, nevertheless, to observe that a commercial body, 80 im: portant trom the vast and intimate knowledge they must possess, of the wornings of the present system in the cotton manufacturing districts, and of such unimpeac! dle respectability, are prepared, alihough differing with each other upon the general commercial policy which is beat fitted to advance the permanent interests, not enly of their own trad gdom, to admit the existe @ mischievous tendencies of that reckless and unprovident over-production, fostered by the facilities aforded by joint stock benks, which we have ever maintained us the giantevil which has bulk of our present commercial suf Taspect to the prospects of trade generally for year, the asseciition affords us little infor- mation, restricting themselves entirely to an expression of opinion with respect to the probabl material. These, they anticipate, ar tain any material advence during the year. From acrop last year amounting to 1,633,000 bales, Teceived 902,500 bales; and with a crop this year estimated to be from 1,900,000 to 2,000,000 bales, and 4 still increased supply of East India cott qnontity of which 1 known to be already 01 the supply is co ed to be large exougi down any speculative operations for ing tothese facts,or rather probabiliti Stock yearly equal to six months’ consumption ly in the ccuntry, they arrive at the conclusion that the existing low prices are not only fully justified, but that an appreb m may reasonably be entertained that they will fall even lower still before the close of the ear. 4 However desirable it may b shoul be realised, in part at 1 a great the way, 'o hee hat this anticipation and that 1 we are that such will not be the during K on havd is certainly large Xt erop is Very flattering, but hat the ability to consume is also in- few weeks active operations in trade ke the increased supply. Were this all, howeve: ould not anticipate any thing beyond ly demand at steady rates; and this expectation, g into consideration the certain prospect of a de. creased growth being the result of the unremuncrative prices past year, is certainly fully warranted. We have still onr fears, however, that the spirit of vecniation may,on the oecasion of a revival of com mercial demand, obtrude itself upon our markets for the raw bepern cm bengpeh ts | the benefi', to which the home mannfvoturer is entitled, to the foreign grower; and koowing, as we do, how vast an amonnt of our past suf: + iings isto be attributed to the effect of the high prices extorted from ws for their cotton during our recent years ing scarcely the present year. and the pi we are satis! creased, and tI will speedily 429,890 bales against 366,141 at a corresponding period in | of over production, by the jobbing, kite @yimg tors of the United ‘ities, abd the small portion of benedi which has come beck te us, in those years, im the of increased demand for our manufactured products, we Cannot resist the epportunity of cautioning our friesdsin the cotton manufecturing districts egainst draws into the encouragement of any mat. vially increased de mands upon them for the le ial of their mane- facture. “ Steady” must be the word fer the future, if we do not wish to see another more disastrous return to the state of ruin and suffering ont {of which we are just emergiug.—Liverpoel Chroniele. Lav areot Manusz, Doo. SL almost too busy with their annual circulars much to the selling of cotton, so taat the tarket besepe peaved quieter, a fair demand has been experienced, ally 3,900 bales have been sold at full prices. The ttock of cotton in this port is 420,930 bales, varying but little from the weekly statements of the brokers’ circular. Weexty Reronr.—The improved demand from the noticed last week, has bee tively followed up ad there has also been extensive businessdeneon speculation, both in Surat and American descri ry the former readily command the extreme qoowhens ot last week, whilst the latter have advanced jd per lb. ge nerally. an. 3 'he brokers have been 5 About 3,500 bags have been sold, at firm stea- dy prices. The busi consists of 400 Surats, at 3:dto 4 34; 150 Pernam 7j4; 106 Maranham, 61 to 6 ade W Egyptian 7}d to 7jd; American dd to 7]. Om Saturday 2500 bags were sold. Livenroot Gory Excuanar, Dec. 31—The rates of duty for the ensuing week are ‘advanced upon Foreign Wheat to 235 &1, on Barley to 158 41, on Peas to lie per quacter, on Flour to 148 2 4-4 per burrel, and reduced on Rye to 5s per quarter ; those on all Colonial produee remaining unaltered. ‘We have to notice but a limited fresh supply of Grain y quarter, and the arrival from Ireland of Oat- id Flour is also very trivial; of the latter article, about 15,000 barrels are reported from Canads andthe United States together, within the past :hree days, ‘No les of Bonded Wheat or Flour have taken place on the spot, and the only actions reported since our last are two or three cargoes of Mediterranean Wheat, I ORN Minxet, Monday Jan. 3—We have this week had moderate supplies of British grain, 4c, but the arrivals from foreign ports amount to 5530 quar- ters of wheat, 1076 quarters of beans, 770 qrs. of peas and 9,040 barrels ot flour, and from Canada there are reported 2768 quarters of wheat, 10,000 bar- rels of flour, together with 2,600 quarters of peas. With very trifling exceptions, however, all these are fer the present entered under bond. The rates of duty on foreiga wheat 235. $1.on Barley to 15s. 4d., on peas to 1 r quarter, and on flour to 13s 3d per barrel. Since this day se’anight a few parcels of free foreign have beea token for shi} t to Ireland; but the trade in wheat has been of a mited character, and prices generally have declined 1 per bushel in flour. There has been little doneat barely. previous rates. meal have commended little attention, e advanced to Oats and o: though both articles have been offered om rether easier terms. Barley and beans have been sold ouly in retail, must be quoted 1s per querter cheaper, cels of foreign boiling peas have found buyers at 428 44s per imperial quarter. Inthe early part of the we» twoor three cargoesof Mediterranean wheat to arrivy changed hands in the previous currency. No further transactions have transpired. State or Taapr, Maxcracturss, $¢.—The Liverpool Standard of the 31st Dec. says, improvement which Wwe noticed in our last, in the feeling of all parties ‘com- nected with the commerce and manufactures of this dis trict, continues, we are happy to state, to animate our various markets, The arrival of the New York 3 et ship Independence, with accounts of a generally fa- vorabie nature with respect to the prospects of bus‘ness in the United States during the ensuing season, added to the pacific tone of President Tyler's message to Con- ress, has infused cousiderable considerable confidence into the minds of parties connected with the tradeof those important markets; aud bisides the prot which present themselves on every side, of inc! demand from foreign markets generally, the position of the Bank of England to afford facilities for, or at leastto refraia from contracting the operations of our merchants, is viewed as highly favorable, when compared with ite vesition for some years past. The transaetious in our cotton market, throughout the week, have been of an snimated, and, at the same time, a steady and healty complexion. The sales on Tuesday amounted to 4000 bags at full prices, including 600 Ame- rican, taken on speculation. On Wednesday market was fully supported, and the sales reached 5000 bags for consumption, and 1000taken by speculeiors. The sales yesterday were 6000 bags, at the full prices of former markets during the week. ‘The Manchester Market, during the waek, has parte- ken of the feeling evinced in the market for the raw ms- ter In Yarnsa trifling advance hes been obteine® e low rates which have recently been quote:!‘and further advance as the season for active operations sets in, is generally antici; In the prices of Cloths no peisibta cuanige can ba noted; all descriptions, however, are more firmly he ES y and the same anticipation ie im- Julged ia of a speedy improvement in prices, and in the ivity of the demand. are unable tostate ‘et any very extensive orders the United States have been brought by the Inde- leuce. It is probable, however, that many ,might withheld until the departure of the Ac amer, hich would leave Boston on the 16th, and might be cted toreach Liverpool within a few daysof the er- il ef the Independence, and would thus allow time for (he purport of the President’s speech being generally known amongst the Americ: eresntile classes. Livenroon, Jan. 4—We h: litle to report upon the state of commercial affairs since our lest. On Friday the annual cireuler of the cotton trade was published, and its discussion occupied the attention of a great portion of our men of business. The feeling with which it has beem received, although not one of a very animating charee- ter, is yet on the whole, cheerful with respect to future prospects. Thesales on Friday amounted to 5000 bags at full prices. Saturday being partially kept day, but little was done——the seles only amounting to 2000 bags, and prices unmoved. The sales yesterday were 4000 bales at the full rates of the past week. The same want of transactions may be noticed with respest to the trade of the manufacturmg districts. The accounts from the United States, brought out by the Acadia are ofa sa’ tory character. A gocd feel as to future business, Benereliy entertained by com- mercial men. The principal part of the goodefrequired fer he spring trade, have already gone out, to arrive at af early a period as possible after the Ist January, whea & reduction of the tariff was to come into operation. Seme additions] orders have arrived, however, by the Acadia; and it is expected will continue to arrive, although not to any great extent, for another month or six weeks. Mr, Besnett:— As you are noted for correcting tiay errors and transactions, 1 would call your attention to an affair at the Navy Yard, Brooklyn. The writer of this saw on board the new steamer now finishng at the Brooklya Navy Yard,a ilge Pump, attached to the steamer, stamped “ Massie’ Patent, London,” with the English coat of arme cast on the top o. the pump in bold relief. Is it not a shame, that our luctors of the Navy should to England to get so simple a thing as a Bi Pump, when we have so many mechanics much #e- perior to any in foreign countries? And then te have the English crown supported by the unicorns in bold relief on board of an American frigate, and thet mounted in a very conspicuous place. Oh! Asirasean. Omo Riven.—At Cincinnati, on the 15th instant the river was in fine navigable order, and clear o ice, weather pleasant. Sxaxes.—A man in Illinois recently found a nest of snakes among the rocks, containing one thowsand seven hundred of these reptiles. Coat.—The thermometer was {at twenty-eight degrees below zero at Quebec on the 13th inet, Axkaxsas River.—The river has been falling during the last week, but is still sufficiently hi for the boats of the usual aize, tothis place.— tle Rock Gazette, Jan. 5. Carcmixe rr as you can.—We are informed that the merchandise on board the Roscius, which ar- niyed in this port from Valparaiso, consigned to Richard Alsop of Philadelphia, was attached om Wednesday, by Charles Mixter and G.O Hovey,— they being holders of some “‘Planter’s Rank Bonds,” endorsed ty Aon eter he has repudiated— Boston Courier, Jan. 21. Oe Crratian Tugs tn: .—For several weeks, pate ters, costumers, machinists, and other artists attached to this establishment, have been Cd in preparations for the grand dramatic tacle of Uniine, the Spirit of the Waters, which will be prodaced this evening, at am immense cost, audina style of magnificence never sar- ved in any theatre. The scenery is entirely new irom the pencils of Messrs. Grain and Smith, artiste of establiehed celebrity—tho properties, trop dresses, have been prepared expressly for this piees, without regard to expense, and from the great attention thet her paid to the numerous reheareals-—-the strength of the cast, and the increased force engaged for the c! ses and ballet, we may anticipate the com success of this gorgeous and intere: drama. is every indication, that its firs! perform: witnessed by an overflowing enoe. In addition to the spectacle.the popular farce of tho Miduight Hour, is performed for the first time in this theatre, and Die: mond and Whitlock appear in their Negro extrava- ganzes, OG Bowrky Aotenrrieatae. —This is the lott week but one, previous to the company's departare for Be rope. This being altogether the most finished and te- lented company in America, they will doubtless a gréat excitement in England. Queen Vic, her lord and babies, will visit and be filled with admiration. AM Europe will do likewise, and in a few years the company willretwrn, triumphing in their fill of gold, glory gladness. The studof horses is beyond doubt, the most oighly trained in the world. Master Gardner will asten- ish the nativ ‘di I] feck tothe Amphitheatre during the only two weeks they will have the opportunity to do There will certainly bi aay performance on Saturday afternoon n A great bill is presented to-night, im- Leoy cluding the unepproachable Sweeny, and Mi Long. OG> Corr Low {Out Bars comer off tp nignt ; his friends say all be @ bumper—we hi so. We know of no individual more worthy a B: than Me. Cotter. We have no doubt it will bea rely to remind those So, kind readers do not > jast night you wi and satisfaction of enjoying a danse with the love * who are tn the habit ofgoing te the Balls at the Washingten. Soall go. ,