The New York Herald Newspaper, February 2, 1848, Page 1

Whole Nee 4898 BY AN EXTRAORDINARY OVERLAND HXPRESS, . VIA BOSTON, SPRINGFIELD AND NEW HAVEN. NEW YORK HERALD OFFICE. HIGHLY INTERESTING INTELLIGENCE FROM EUROPE. ARRIVAL OF THE STEAMSHIP ACADIA a THE FINANCIAL AFFAIRS OF EUROPE. ANOTHER LIST OF FAILURES. Decline in the Price of Cotton. State of the Grain Markets. SURRENDER OF ABD-BL-KADER TO THE FRENCH. Terrible Wrecks and Loss of Life. MASSACRE AT MILAN, The Death of Madame Adelaide, of France. Health of the Queen of Spain. AFFAIRS IN ROME. Shipping Intelligence, dic. de. doc. ‘The steamship Acadia, Captain Stone, arrived in Nantucket Roads, at 12 o’clock on Monday night, and anchored. Oar special messenger immediately proceeded to her in a clipper schooner, obtained our papers, and started for Boston, where he arrived in time yesterday morning to take the mail train, via he Springfield and New Haven Railroad. He Feaghed the office of the New York Herald at a eas@able hour last evening, notwithstanding the severe snow storm and gale of wind. The run over the Springfield and New Haven road was made in excellent time. We are thus, by the vigilance of our messen- ger, aud by the interruption in the telegraphic communication to Boston, enabled to place the news before ourreaders, considerably in advance. Annexed are the passengers in the Acadia :— THE PASENGERS BY THE ACADIA. Mr. Reynolds = Mrs. Reynolds, L. H. Gostenhoffer. Miss Roynoids, Miss Sarah Miller, Mrs. J. Watson. Jozeph Reid H. B. Breck, H W.A 5 Mr. Delmotte, N_ Kasha, Thos. Harrison. Charles Lawson, Mr. Walter, G. Newsman. Berj Thornton, Mr. Saroni, Dr.J.O Green. Lynde, Fred. Loison, Cc. R. Mathew. Pentley, C.D. Kenny, Rev. 8 H Glocester. J G Miller, Stephen Powell, Hitchoock. Itherington Thos. Sorby, Bryden, W.. J. Clark, Wm Knight, Joba M-Masters. Robt. Fothergill, John Connoliy, John Kay. Osborne, Maller. There were five from Liverpool to Halifax, and six from Hulifex to Boston. Our advices from London are to the 14th, and from Liverpool to the 15th of January. The intelligence will be found to be of consi- derable interest. There had been a decline in cotton. We annex the state of the grain markets. The last accounts from Turin state that the King of Sardinia has become somewhat serious- ly indisposed. The Duchess of Savoy, heredi- tary princess, isin such an alarming state, that it has been considered necessary to offer up spe- cial public prayers in her be a e Princess, though aa Austrian, has madeh erself very popu- lar, in spite of the prejudices which exist against hercountry. The Pope lately conferred on her the *‘Rose of Honor.” The Patria of Florence of the 5th, announces that Pontremoli has been formally delivered up to the Duke of Parma, by the Tuscan Commis- sioners, and that the peace of the town had not been disturbed. We are informed by a Copenhagen letter of the 6th, that in the afternoon of that day the King of Denmark, on returning froma carriage drive, suddenly found himeelf so unwell that his phy- sicians considered it necessary to bleed him im- mediately. The winter has at last fairly begun at St. Pe- tersburgh, as the ice has closed the navigation of the Neva, and interrupted the communication between St. Petersburgh and Cronstadt, though the river is not yet completely frozen over. Further accounts from Naples confirm the re- port of the Swiss in the service of the King having declared that they will never consent to act against the people, and add that intelligence had been received of another popular demonstra- tion at Palermo. A letter from Rome states that the Pope has at length resolved to modify the organization of the Jesuits in such a way as to deprive the insti- tation of a political character. The Hampden controversy has terminated in the signal discomfiture of the revolting bishops, and the complete triumph of Lord John Ruseell and crown. The British steam-frigate Avenger has been totally lost. We deeply regret to say that the worst forebodings have been realized. The sacrifice of life has been immense; only four out of the crew of 270, viz: Lieut. F. Rooke; Mr. Larkham, guoner; William Hill, steward; and James Morley, aboy, have been rescued froma watery grave. . The Elbe, at Hamburgh, began to be frozen on the 20th ult., and by the 22d the ice was sufli- ciently strong to bear small carts on it. The Papal goverament has subjected political journals, hitherto free from duty, to a tax of two bajocchi (alittle more than a penny) on each number. Sm Joun Franxuin’s Exrgpition.—The Plo- ver, fitted at Sheerness to proceed in search of the above expedition, under the command of Lieutenant Moore, left Sheerness on the Ist inst. for Plymouth, where she will receive letters and despaiches, und her final orders for her voyage. Dr. Richardson is preparing for his overlund journey ; and orders have been sent out to the feral A 46, surveying vessel, Captain Kellett, © BK to proceed from the Pacific to Behring’s Straits, in search of the arctic voyagers. tis sipected that these expeditions will ecst above 000, News to the Latest Moment. (From the European Times, Jan. 15.} 43 A letter from Toulon, of January Tth, says: ‘The authorities have received instructions rela- tive Abd-el-Kaker and his family. The Emir is to be transferred to-morrow to Fort Lamalgue, with his mother, his three children, and his brother-in-law, Mustapha Ben Tchann. The other Arabs now at the Lazaretto ate tobe sent to Fort Matbousquet.” We have a letter from Rome, dated the 3 stant, which says:— “ We have had a scene like those that marked the last ears of the reign of Louis XV1. in Paris. The mob, eaded by Cicerowhack, brought up on the first day of the ir, long demand of rights and concessions, re- sembling, in wild incoherency, the five pointe of your O?Connorite obarter. The civic guard, to the number of 9000 men, was cal'ed out to meet # supposed popular insurrection at the gates of the Quirinal. The doors wore barred, and the rain dispersed the crowd. Mean- time the senator (mayor), Prince Corsini, went through the streets harranguing the mob. He told them that the Pope, whom he had just seen, had said, ‘ Io sen con popoloe por pinels ” Amob gathered round the club of the Circolo Romano, from the balcony of which the se- netor addressed bet moo Silenzio! bawied out a brawny fellow, and all were silent. ‘Tell the Pope,’ sald he, ‘ that the people are for him, and with bimalone, and that if he listens to the scoundrels round him (birbanti) if he does not send tl tothe right about, this play, thing (drawing out his Roman blade) will do the bus.- ness’ Immense shouts fullowed, and they ali ultimately dispersed, on the promise that the Pops would drive through the Corso publicly, which he had just done, amid immense clamor of apple S The state of the health of the Queen of Spain in- continues to excite great alarm. By the last ad- vices she had been for two hours insensible. The debate on the mipiprecieed of M. Salamanca has issued in a resolution that he should be brought to trial, by a majority of 128 to 39 Reports of a collision between the people and the military at Milan are confirmed to-day. A sanguinary massacre has taken place, apparently with the acquiescence of the superior authorities. The number of inhabitants killed and wounded by the soldiery, is variously stated from thirty to one hundred and fifty. Among the killed is the aged counsellor of the Cour Royale, M. Manga- nini, a man nearly seventy, and universally re- spected. He was murdered while eaceably and inoffensively entering his own house. The émeute arose out of some rough usuage which was given to some of the military who had been smoking, § We have just received the following communi- cation from the Admiralty, relative to the loss of the steam-frigate Avenger:— “Letters have been received to-day at the Admiralty, feom Rear-Admiral Sir Lucius Curtis, dated Malta, Jan. 4, reporting the return of the Hecate to that port, after close but fruitless search for any survivors from the wreck of H M. late frigate Avenger, and reporting that scarcely a vesti; ll fated ship could be found on the rocks and ji joone of the wreck. No hopes are, therefore, entertained of any lives being saved, excepting thore of Lieut. Rooke and the three other persons landed from the Avenger’s cutter on the Barbary coast.” An important meeting was held in Liverpool, yesterday, on the subject of a reduction of the duties now levied on tea. It was convened by the Mayor of the borough, T. B. Horsfall, Esq. Among the most influential of the gentlemen who attended to advocate the reduction of the present impost, were Sir Thos. B. Birch, Bart., M P.; Wm. Brown, Esq., M. P ; and Williani Rathbone, Esq. Loss or Tag Bark Hetena anp Six Lives.— We regret to learn that a letter was received on Thursday, by Messrs. Baxter, Brothers & Co., Dundee, trom Captain John McNab, of the fine bark Helena, of that port, which left the riverfor New York, on the 11th December, witha very valuable cargo of bale goods, announcing the loss ofthe vessel. On the 15th, during a heavy gale at SSW, she got embayed by the land at the island of North Ronaldshay, and drove onshore, when the crew lost all command, and took to the boat. While in the act of leaving the ship, notwithstanding the remonstrances of Captain McNab, who used every persuasion to induce the crew toget the sails turled, &c., a heavy sea broke over her,and washed away boats andevery thing off the deck, with eight of the crew. The captain reached the shore in a very exhausted state, with the assistance of a boat hook, The names of the sufferers are: Robert Mackay, se= cond mate; John Blues, carpenter; Wm Peddie, James Craig, and Anthony McLauchlan, seamen; besides a passenger named James Menzies. Lit- tle hope is entertained of saving the vessel oF cargo. In fact, she had begun to break up pre+ vious to the despatching of the captain’s letter.— Edinburgh Witne: _ ARRIVALS oF SrEcre.—Specie continues to ar- rive in this country from various paits of the world. The West Point and Memnon, whi arrived from New York at Liverpool on the 6th inst., brought £11,000; the Yorkshire, on the fol- lowing day, brought £45,000; the Templeman, from Valparaiso, on tne 4th instant, brought $50,000; and the Charles Brownell, from the same port, several cases, containing dollars, and bars of gold and silver. Inaddition to these, the L verpcol h d £10,000, and the Texian, from Ma- zatlan, $30,000. The packet Prince Albert, from New York, the Onental Queen, from the Mauri- tius, and the steamship Princess Royal, from fg have each brought consignments of specie. The steamship Soho, trom Antwerp, con- tained three casks silver specie, which is an in- teresting arrival at the present time.—Liverpoo! Times, Jan. 15. The Failures and Meetings of Crediti rs, (From the European Times, Jan. 15.] We regret to state that failures continue to oc- cur in many of the great commercial cities of Europe, and the accounts from India report the downfall of almost all the branch houses of the London firms which failed in September and October last, as will be seen inourlist. The | firm of Hugesdon and Co., extensively engaged ; in the trade with China and Singapore, culty, were publicly spoken of as being in di but it was hoped that by the assistance of their friends they would be enabled to prevent a suspension of payments even for a short period. Our last reported the suspenston of Cotesworth, Powell, and Pryor, of London, largely concern- ed inthe South American trade. Their liabili- ties are now estimated at £350,000; and their suspension has produced the tailures of J. An- derson and Co., of Glasgow, with liabilities es- timated at £150,000 to £200,000. The liabili- ties of Messrs. W. and A. Taylor amount to £12,000 ; Messrs. Gilmour and Kerr as much as £80,000; Messrs. Thomas Waddle and Co, Ca- nada merchants, £30.000; Mr. John Lacy, in the Berbice trade, $14,000 To the above list has to be added the house of Messrs. Anderson, McGregor and Co., with liabilities of about $15,000. . The American house of Durand and Macken- zie, of London, stopped payment on the inst. Their liabilities have turned out to be £29,917, while their asse‘s are £8193. An offer ofa compo- sition has been made of 5s, by instalments of 23 cash down, 13 6d at three months, and 1s 6d at six months, the final paymentto be properly secured, which, ata meting of the creditors had been virtually accep'ed. ‘Tne tailure of several extensive banking houses at Frankfort hes caused considerable alarm, but the London houses generally, with the exception of Messrs. Heilbutt, Rubens & Co., of Mark lane, merchants and general agents, who have suspended, will not be affected.thereby. The chiet loss will fallon Paris, where Mr, Julius Cohen has stopped payment, with liabilities in that city alone to the extent of £50,000. Messrs. Kantzou and Biel, who are at the hend of the principal mercantile house of Stockholm, have alro failed. Their liabilities amount to 1,200,000 rix dollars, (6,000,000f.,) and their as- sets, which comprise a great deal of immoveable property, hardly reach five-twelfths of that sum. It will be seen that Crozet, Nephew, & Co., of Marseilles, in the Swedish trade, with liabili- ties for £40,000, and Kramer & Son, of Amster- dermy general merchants, with engagements for £20,( have also stopped payment. It is satisfe sary, to state that the drafts of the North Western Bank of India, mentioned as having been left in suspense by Glyn & Co , have now been accepted. The North and South Wales Bank at Liverpool has also been opened for the payment of their notes and of deposits not exceeding £20; and it ishoped that the establishment will resume bu- siness generally by the end of the mouth. _ The accounts of RK. F. Gower, jun., a partner in the firm ef Alison, Cumberledge, & Co , late- ly engaged in the South American trade,’ have been submitted to the Court of Bankruptey, and Mr. Gower has passed his last examination satis- tactorily. The last examination of Bensusan & Co., Mogador merchants, has been adjourned by the same tribunal, for a period of four months, with the view of giving the partners time for a pie preparation of their accounts. " The result of the meeting of creditors. of Meesrs. Job, Wright & Co., Russian merchants, was the appointment of inspectors to the estate. By the statement furnished of the position of the affairs of the firm, it appears that surplus will remain in hand, after paying off all the liabili- ties, of £100,387. A first dividend of 53. in the poun ill be paid about April next. Mr. g, the late partner with Messrs. Bro- die, in the Shaftesbury and Hindon Bank, is pay- ing 5s. in the pound as the first instalment. San- guine hopes are entertained of an eventual pay- ment of 203. in the pound. _ Messrs. Scholes & Co., of Manchester, have given notice of a second instalment of 53. in the pound, making 10s. in the course of only two months; a further dividend of 23 64. in the pound on the estate of Messrs. de Jersey & Co., will be payable in a day or two, making 10s. in the pound to holders of acceptances, and 7s. 6d. to the other creditors of that firm. The stoppage of the house of Baron de J. Von Haber, of Carlsruhe, has caused great conster- nation in the Grand Dutchy of Baden. The cre- dit enjoyed by the firm was unbounded; hun- dreds of families will suffer from it, and other houses must necessarily stop their payments if prompt assistance is not procured to it. Ac- counts from Carlsruhe, of the 6th instant, state that many private individuals had come forward, and the government had decided to guaranty a certain amount of interest on a loan, which would enable the house to resume business.— Three of the largest establishments in the Grand Duchy of Baden are dependont upon Haber, namely, Kersler’s machine manufactory at Carls- ruhe, the woollen manutactory of Eutlenger, and the beet-root sugar manufactory of Waghause- ler. These three establishments are in a flour- ishing condition. It is calculated that 10,000 persons would be deprived of their livelihood it the house of Haber did not meet with the de- sired assistance. The Gazette of Sones states that an impor- tant failure had taken place at Vienna; only the initials of the house referred to are given—they are E. E. & Co. ‘i . Ata meeting of the creditors of Mr. William Thorne, of London, engaged in the Canada trade, it was agreed to graut hima letter of hi- cense, and wind up under inspection. The statement submitted shows a handsome surplus. A fiat of bankruptey has been opened against Messrs, Lesley Alexander & Co., owing to the opposition ofcertain creditors on that estate. ‘The first meeting ot the creditors of Coates & Hillard, American merchants, took place at the Court of Bankruptey,under the fiat issued against the firm, when assignees were elected, and debts to the amount of nearly £42,000 proved. It is estimated that assets to the extent of about £6000 are realisable in this country; the remainder wall have to be collected in the United States. The creditors of Smith, Beard & Co., ware- housemen, Cheapside, have refused to accept their offer of 123 in the pound, payable by instal- ments extending in twelve months. The liabili- ties of this firm amount to 10,510/. 153. 4d., and the assets are estimated at 9,598/. 193. 7d ‘The demand of the creditors was 13s in the pound, properly secured. Addidonal Failures in Europe. Anderson, M’Gregor & Co. merchants. . ... .Gluagow. Anderson, J., & Co., merchants. :Glasgow. Cargill, Hvadlam & Uo. merchants. .. Newoastle-on-Tyne Church, Lake & Co., merchants. aloutta. Cockereil & Co., merchants. .... Cohen, Julius, banker. .... Crozet, Nephew & Co., merchants. Durand & Mackenzie, merchants, Florsheim, L. H., banker. . . Gilmour & Kerr, spinners Gontard, J. F , & Son, bar Heilbutt, Reubens & Co., merci merchant, . . jon & Co, merchants . & Co , spinners, . May, Fordyce & Co., merchants. . Previnaire, ., Manufacturer... Shearman, Mullins & Co., merchants. Spengel, J. B., merchant....... Syers, Liviagston & Co., merchants ‘aylor, W. and 3A., manufacturers. Thorne, William, merchaat, Waddle, T., & Co.,merchants. . Ireland. The angel of terror has at length stayed his avenging hand in Ireland. ‘Che accounts since the beginning of the year have ily. not been so teeming with horror as previously, Outrage continue to be more or less perpetrated, but cold blooded deliberate murder seems to have been checked by the vigorous proceedi! of the executive. Following up his first procla- mation, placing certain disturbed districts under the dominion of the new law, the Lord-Lieuten- ant has issued a second, proclaiming the baro- of mppelord, and five parishes in Leitrim, he bardny of Clanawley, in Fermanagh, Tully: ow, in Dramlane, and Lower Loughlee, in Ca- van, under the new act. Orders have also been issued to disarm the people in several districts, and the strictest regulations are enforced re- specting the licenses to possess arms under the recent law. In some places a contempt for the proclamation has been exhibited by tearing dowa the document from the walls; but we have seen this often practised in civilized London, and yet the spirit of anarchy has been pretty etf- fectually checked. We cannot expect that by merely coercive measures, the famished people of Ireiand will be filled with good things; all that we hope from the late measures, 18, that the demon of mischief may be arrested in nis exter- minating career, and breathing time may be af- forded to the lovers of freedom and good order to carry out such measures as may be devised to repair the social evils of the country. The repeal party, or rather p.rties, seem sadly em- broiled, and at variance with each other; and the weekly rent of the elder establishment, not- withstanding the efforts made to recruit its tunds, is not very flourishing. The divisions which broke out in the Irish party during the late ees- sion of Parliament, have not been healed; and Mr. Grattan, John O’Connell, and Mr. Reynolds have favored the public with some racy speci- mens of polite correspondence addressed to each otner, Actions at law are threatened for defamation by these testy belligerents, and the repeal agitation just now seems troubled with the epidemic influenza, and is not in so flourish- ing a state of health as heretofore. The general distress of the country has, doubtless, contribu- ted not a little to diminish its strength aud re- sources. The special commission, issued to uy the prisoners committed for murder and agrarian outrages in the southern counties, was opened at Limerick on the 4th instant. The Chiet Justice Blackburne made a charge to the grand jury sin- gularly free trom political feeling, but expressive of the determination of the government vigor- ously to administer and execute the existing laws. icti taken place, and there can be no doubt that pun- ishment will inevitably follow. The new law, relating to accessories before and after the fact, by the strongly expressed opinion of the judges, seems likely to prove most conducive to the re- presvion of crime, and to the restoration of tran- quiility and security. France. We have received the Paris papers of the 13th of January. The speech of M. Gaizot in the Chamber of Peers on Wednesday, in the course of the debate on the address, is important, as containing an exposition of the poliey of the French govern- ment with regard to the movement now going on for the liberation of Italy. It is to encourage all the Italian Princes to grant nothing to the people which they ca possibly withheld-—to frighten the Pope by conjuring upa phantom of revolu- tion and infidelity, and thus to endeavor to bring him into accord with Austria, and to justily Austria in ‘taking precautions’’—that is to say, in overrunning Italy with troops to put down the reform movement, if it cannot be put down by any other means. The Presse complains that the arrangements wnder the Postal treaty are so badly managed at the French side of the channel, that the mails rarely arrive in time for the railway trains, and consequently too late in Paris for men of busi- ness. Galignani’s Messenger says: ‘Some sensation was excited this morning in the Passage del’ Opera among the stock jobbers, by a report that the king was taken ill yesterday whilst at din- ner, and was obliged to be bled. The three per ceuts fell to 74f41c, but at the time of our going to press, had recovered to 74£30 to 50c. We are happy to learn, on inquiry, that there is not the slightest truth in this report; his majesty has, for a few days, been laboring under a cold, the effects of which are so slight as not to prevent his majesty from attending a cabinet council h is now being held.” i i ¢ intelligence received from this portion of the European continent since the sailing of the Jast steamer has been of an interesting charac- ter. Foremost is the announcement of the sur- render of Abd-el-Kader to the Due d’Aumale. It appears that the Moorish chiet had surrendered himeelf to the Freuch authorities in Algeria, on the condition that he should retire to St. Jean NEW YORK, WEDNESDAY MORNING, FEBRUARY 2, 1848. accuses the Duc d’Aumale of having committed an imprudence in yielding the conditions made by Abd-el- Kader, of sending him to Alexandria or Syria. What will be done in the dilemma? A private letter answers the question by saying that, under easily-raised pretexts, Abd-el-Kader will be detained in France, while active agents are set at work to excite the fears or jealousies, of Mehemet Ali, and of the Sultan himself. If Abd-el-Kader be refused an asylum at Alexan- dria, or in Syria, then it will be no fault of his captors if they find it impossible to keep their word. The most recent intelligence from Paris informs us that the I'rench government had bro- ken faith with Abd-el-Kader. It had announced to him that it cannot consent to his going to St. Jean d’Acre on any terms, and that, with regard to Egypt, it must first see whether the Pacha will agree to receive him. On the news of the Emir’s capture, a small rise took place on the Bourse. The debates on the address in answer to the speech from the throne commenced on the 10th inst. The speeches delivered on the occasion are rather interesting. A Count d’Alton Shee made a furious onslaught on the Guizot Cabinet, stigmatizing the foreign policy of the govern- ment with respect to Switzerland. He was par- ticularly caustic towards Lord Palmerson, against whom he charged ‘a persevering ha- tred towards the French government.” In this part of his speech he is said to have been inef- fective, but, when he proceeded to point out the policy of M. Guizov’s policy, he obtained greater attention. The speech of M. Mosnard, who, though a conservative, aud a general sup- porter of the present cabinet, came out on this occasion as an advocate, but an unwilling one, for reform, excited much surprise, His oration is calculated to embarrass the ministry. ‘The Chamber of Deputies assembled on the 34 inst., when the Minister of Finance presented the budget for 1849, trom which it appeared that the ordinary expenses of 1849 will be balanced by the receipts. ‘Two bills were also presented, one for the diminution of the duty on salt, to take effect in the beginning of 1850, and the other for reducing the postage on letters and journals. The extraordinary budget for 1849 is fixed at 93,270,000f., of which the railways fi- gure for 59,300,000. ‘ Italy. The advices from several parts of this country are far from being of a peaceful character. The Siates of the Church alone seem to be free from the discontent generally prevalent. The Roman journals of the 24th ult., give the details of an address delivered by the Pope on the 17th, in which he deplores the demonstrations mage upon the taking of Lucerne; as he considers that event of immense injury to Catholicism, mena- cing it with still greater evil. The new motu proprio for the organization of the ministry has een published by his holiness, and has given great satisfaction. The administration of the see isto consist of nine departments, namely— foreign affairs, interior, public instructions, grace and justice, finance, commerce, fine arts, manufactures, and agriculture, public works, war, and police. The chiefs of those depart- ments are to compose the council of ministers. State affairs are not to be brought before that coun- cil until the deputies shall have examined them, and given their opinion. The affairs of the State are not to be submitted to the sove- reign until they shall have been discussed in the council of ministers. The latter are to appoint all public functionaries. The Pope only reserves to himself the nomination of the cardinals, nuncios, &c. ‘The secretary of state isto be a cardinal, and his deputy a prelate ; other ministers may be indifferently clergymen or laymen. 12,000 percussion muskets have arrived from France, Demonstrations in favor of the Pope are still taking place. An agree- meant has been entered into between the Roman, Tuscan, and Sardinian governments to proceed coincidentally in their reforms. The affairs of Spain are becoming more complicated, ‘The Swiss troops have refused to fight against the people, which has gained for them considerable popularity ; and it is said the Duke of Serra Several capital convictions have already | Capricola had refused to accept the office ot Viceroy of Sicily, except.oa condition of being allowed to e’ concessions, Which it is sup- posed the King would consent to, but that he is afraid of appearing to yield to popular tumult om some troubles which have arisen in Napl Tabesing military measures have been adopted to prévent anemeute. Three noblemen have been arrested, and deprived of their commission in the Civie Guard, which has caused great ex- citement. The students of the University (10,000 in number,) were ordered to leave the capital be. fore the Christmas holidays; but this order was subsequently revoked. Pamphlets, songs, &c., of an incendiary character, find their way to Sicily, notwithstanding the utmost vigilance of the government. From Lombardy, we learn that M. Nazari, a member of the central congre- gration of Milan, had proposed a motion in the congregation for enquiring into the state of tne country, aud the causes of its discontent. ‘The motion was adopted with enthusiasm, submitted to and approved ot by the Viceroy, and a com- mittee appointed for the purpose. M. Nazari had upwards of 4000 visiting cards lett at his resi- dence shortly after, as a mark of respect. Let- ters from Milan of the 3d state that considerable agitation pervaded that city on the previous day. It appears that, following the example of the Americans, who refused to purchase the tea sold by the English, previous to the revolution, the patriots of Lombardy had resolved to abstain trom smoking, in order to reduce the revenue of the treasury. The resolution was acted upon by the greater portion of the people, and those found smoking cigars or pipes in the streets were severely handled. The Milan Gazette ot the 26th ult., announces the evacuation of Ferrara by the Austrian troops. They were to retain the two barracks they had at all times possessed in the city, andto perform duty only in the citadel — The arrival of troops in Italy, however, still con- tinues. The Tuscan government has entered into a treaty for the purchase of a large quantity of English muskets, and has applied also to France for fire arms. Advices from Turin report the following reforms:—Diminution in price of salt; amnesty general ; deliberative voice granted the council of state ; a voluntary civic guard, armed by government; seven ministers in place of five; suppression of Sardinian government, or its identification with that of terra firma ; great de- mocratical reforms in the municipalities, and abolition ot the decurion, whom no one hitherto had ventured to modify. ‘The hostile feeling already existing in Italy, and more especially in Parma and Modena, towards the Austrians, seems to be undiminished, and has received a fresh impetus by their presence at Modena and Reggio. So intense is the feeling that it is pro- posed to form a body of volunteers 4s an army of observation on the frontiers of Modena and Parma. All hopes entertained of a reformin| policy being adopted by the new sovereign ot the duchy of Parma are at an end, the duke hav- ing issued a proclamation stating that no change should be made in the government of that duchy. Considerable discontent prevails in consequence. A Spun. Madrid papers of the 7th have arrived. A letter from Salamanca was read in the Cham- ber of Deputics on that day, stating that his health was so bad that he could not be present, whereupon Gonzales Bravo declined addressin the Chamber. ‘The proj osition for bringing Sak amanea to trial was carried by 123 to 39, and a committee was appointed to draw up the im- peachiment. The Eeo del Comercio, in a special supplement, pra! ae the arrival of Espartero in Madrid on the 7th, The Heraldo gives.a formal contradiction to the rumors in circulation as to the unsatisfactory state fof the Queen’s health. Notwithstanding this contradiction, however, it was universally believed in Madrid that the Queen was suffering from an organic disease, which, although not necessarily of an immediately fatal character, yet, from its nature, could not but give rise to the most ominous forebodings. _Aletter from Malaga of the 2d says—“ Lieut. General Serrano arrived at Malaga some days ago, From his arrival, it was rumored that a military expedition was being prepared, for no- thing less ¢ planting the flag of Castile on the Chetturine Islands, near to the Spanish presidio of Melilla and posted in front of the Moulouai, which divides the French possessions from the empire of Morocco. At present this supposition has become a reality, and the preparations for this campaign, which are being pushed forward with extraordinary vigor, cause it to be presumed that it is to be accomplished without delay.” _Mavrim Borsa, Jan, 7.—Threes, 26f; Fives, 15]; Exchange on London, 48 30 Y Portugal. The Cortes were opened on the 2d ult., by a royal speech. After alluding to the convention eigaed with the Inglish, Spanish, and French governments, for the purpose of terminating the dAcre. Referring to this topic, the Notional | civil war, the Queen angounces that a proper ac- count of the measures adopted by the successive ministries, will be laid betore the cortes, congra- tulates them on the termination of the disorders, and expresses the hope that peace will henceforth be maintained among the Portuguese. 3 Several shocks of earthquake were felt at Lis- bon on the 16th and 19th ult., which, although | not resulting in any serious damage to property, | caused yery great alarm, the frequency of the | shocks having been unprecedenced since the great earthquake of 1755 Switzerland. — The Suisse says that the Diet is about to take upthe question of the revision of the federal compact without delay. The Diet adjourned over Christmas, in order to leave time for the new deputies from the Catholic cantons to arrive, and so make the assembly as complete as possible be- fore the revision is taken iuto consideration. The Directory has ordered a further reduction of the army of occupation. There are tobe only 16 battalions, v 6 in the canton of Lucerne, 2in Schwytz, Lin Un, 1 in Zug, 3in Friburg, and 3 in the Valais. d The government of Lucerne decided, on the 24th ult., that the following religious bodies should pay, in the space of a fortnight, 1,000,000 Ist, the Convent of St. Urbain, 500,000f ; 2d, the pious establishment of Muns rer, 400,000f.; and, 3d, the other convents, 00,0008. In the Grand Council! of Friburg, a motion has been carried to introduce into the new constitu- tion provisions concerning the relations between the church and state. ¥ The Roman Pontiff has addressed the Diet complaining of the sacrilegious acts which were committed in the federal expedition, and of the dismissal ot several religious orders, the exist- ence ot which 1a Switzerland was, he says, guar- anteed by compact. The document had not yet been published. : It would appear that Austria, Prussia, and France propose still something like an interven-, tion in Swiss affairs. They have resolved on addressing a note to Switzerland, in the name of their respective governments, as a rejoinder | to the answer of the Diet respecting the offer of | mediation. The note, which is not so menacing as Prussia and Austria would have wished, de- clures that the cantonal sovereignty nnot be said to exist as long as certain cantons are occu- pied by tederal troops, and that it 1s only when those cantons shall have recovered their inde- pendence, that the confederation can be recog- nised as conforming to the treaties. It also in- sists upon the reduction of the military torce to a peace footing, and that no alteration shall take | place in the constitution without the consent of | all the cantons. This note is expected to be | on the other side will prefer urging their presented immediately to the Be eeeht of the Diet. What part England and Russia may take in the matter cannot, as yet, be anticipated with | certainty. The Emperor of Russia is reported to have refused mixing himself up-in the matter; | and Lord Palmerston’s correspondence with M. Guizot, dated 27th ult., declares it to be the opinion of the British government, ‘that so long as Switzerland abstains from all acts at variance with its character of neutrality, the inviolability of its territories ought to be respected, and, consequently, that no foreign troops ought to penetrate those territories; that the liberty of Switzerland, andits independence of all foreign influence, ought to be maintained ; and, consequently, that no foreign power ought to seek to exercise a dictatorial authority in matters relating to the internal affairs of the con- federation. No doubt if the Swiss were to as- sume an aggressive attitude with regard to their neighbors, the neutrality and inviolability gua- ranteed to Switzerland, could not shield them from the responsibility of their eggressions. But at this moment the Swiss have not committed any such actof aggression. The Government of her Majesty is therefore of opinion that the gua rantee contained in the declaration of the 20th of November, 1815, subsis!s in full force, and thatit ought to be observed and respected by ail the powers which took part in that convention.” GiFrom some discussions which have taken place in the French Chambers, it appears that, at the suggestion of Lord Palmerston, the Austrian, Prussian and French goveraments, in Novem- ber last, agreed to an application being made by the Sunderbund to the Pope, requesting him to recal! the Jesuits. This, however, was never acted upon. Price Two Conte, must be borne in mind, that as the Amoricans aow hold Possession of all the owns on the eastera coast tha ia telligonoe is distilled through brother Jonathan’s alen bic, and atlowa ly ae cordingly for a cortain dear Tas only reliable accounts now reosive 9 oftsially communie: own those coatained 1 . British $9 y Aitve widely in many Atatemeats pu’ forth by the American press. That ths mass of tha Maxioea population have strong roseotan's ay thy Amarl- cans is undoubted. and the provines the miseries inflicted by the faved maneh in favor of peace is alno tras; bi tion of a fow of the military wiveutur the educate classes are in favo doubt is enterraiued but arraugemonts foe & will be immedistely curried {1 spect to the proceedings in the subject of the Mexlo: tions submitted in either th or the Senate hat bavn broug determine the strength of par remain in tae samy state of uncertainty oa & of bef, inow Trane —Binatiwantaat, T 13.—The prinoipal quarterly m a vsters for the pressat quarter way fald in tas Town H di of this town to-day; bus, aituomgh! considerable iaterest, in oon- Sequence of ‘the present state of the miniag districts was atiachsd to the p dings, nothing occurred wor- | thy of an extended uotics ‘The reports of the Dulley and Wolverhampton meetings have auticiprted al- most all thw t of to day.— There was @ ironm ssters: from Wa London, ly interested of the kioglom and the iron teade Still little or aud, moreover. littls inclinwti” It is sufflotent to say thet pri ft far as the heads of geeat drms can dete: the sane ag those Ox-d at Duley, vis. a reduction of 2! upon Iaat quarter's quotations, Th» strike of the men ts daily becoming more general; the mosters, who declare their and, stooks to be small, are content to bide thetr time: in all probability, before another month hax passed Unless some Unexpected counter movemen? occury iron works of this immediate neighborhood will be at a complete stand. Loxpon Money Manxer, Jan 1, P, M—The state of the weather this morning velng so extremely unpro- ious, the market for grain at Yiaik lane bas | heavy to-day. r lative to the dividends which more than ons or two sus- pended establishments will uitimately pay. By the letters that have come to hand this morning from Brussels, it ia stated upon competent aurhority chat the Ureasury of King Leopold is about to bs strengthen- ed bya new lon. It isnot represented with anything like certainty what amount will be required. Lhe con- tract will, in ail probability, be taken by capltaliste in Paris. ‘The correspondence reiative tothe Peruvian Debt, which has recently taken place between the agenta of the Committee of Spacish American bondholders at Lims and the Peruvian Government, relative to the olaims of the bondholders, is considered so far setisfac- tory thatit is to be referred to the Congress of Pera, that the courre adopted by the Government of Chili, in settling with its creditors abroad, should be followed by the authorities of the former. it would further appear that there is no disinclination of the Ministry of Pera to recommend that such a procedure was most proper to be followed. We have not hoard of any failures of importance this morning. It waa noted under this head yesterday afternoon. that the Court of Directors of the Bank of England had not, as anticipated would hava been the cave, made any al- teration in the minimum rate of disoount. Tie policy of this course of proseading is questioned by speculators, and other “go-ahead”? pe ‘Careful men toigk that for the necessities of the day, the value of monuy ts now low enough upon good bills and securities At the commencement of business this morning there wers many buyers of Consola for the Account, amd the price reacaod 3, Some realising then occurred, #« the valua of the Rentes on the Paris Joursrvaine over lower. ‘The reection here was to 874g, at wich a large amount oe. For immediate transfer there es. The premium on Exchequer bills advanced to 27a. Bank Stock, from the advanced point of 19634, has fallen to 194, aud East India Stook from 236 to 233. Scarcely haf a doxen bargains were made in tho foreign stock market this moruing. Brazilian bonds went back from #3 to 81; Mexican rallied trom 177% to 18%. The Dutch two und-a-hait per cents opened at 544, and are now st 54%. Tho Spaaish three per cents romain steady wt 2914 ‘The market for thy Railway shares has been protty good this morning. ‘The reason of the fall of the Reates at Paris, as com- municated, is that Louis Philipps bas reaily bad @ vory severe attack of { tradistion had been ¢ culators placed some ra Tuvunspay, 2 o'clook, Jan, | i this morning trom the manufacturing districts of Lan- Cotton Circulars. Liverroot, January 7th.—The market on the whole has continued steady throughout the week; but scarcely #0 buoyant later on, as at the commencement; but the prices which we quoted in our last circular, and which we resume now, have been fully supported. Nothing has been done for export, and only 300 American ou speculation. The public sale of Sea Island is still ia progress ; it is going off flatly and at lower prices— particulars in our next. In other descriptions the day’s sales will be about 4,000 bales, at our quotations. WM. CLARE & SONS. Liveroot, January 14,31845.—Tho market, this woek, has been free from all excitement, and a {sir extent of business is done ; in prices there is a little change—for iostance ; Brasils have been pressed upon the buyers at 4gd & 14d decline, and a small concession, not amounting to 34d per Ib., upon fair, and the better classes of Ameri- can, Coed Orleans, bas in some instances been made, whilst the lower qualities are, if any thing, rather dearer ; Surate,too, command fully as good rates as last week, and Egyptians are vory steady. Tho public pale of 89a Islands, last Friday, went off heavily, aad only about (780 bales) of the quantity offered was sold— the common qualities at a the better at previous rates. On 19th it th cargo (1552 upland) of the be sold at public auction. This vessel took fire iu the dook, and being scuttled, the cotton is more or less Gameged. However, we still think it will be worth the attention of buyers.’ Speculators n 750 bales of American, and 500 Surat and Madras, and exporters | 60 American and 26 Surat The sales to day may reach 5000 bales of all kinds. The market steady. ‘W. CLARE & SONS, Brokers. Livearoor, Jan. 7.—The middling qualities of Ameri- can are a little higher since Friday last. The continusd trade demand upon that description, and the non-im- portation of similar qualties, has giren them full ‘4 | advantage. The reoent imports consist mainly of tae | better qualities of the new crop, and being abundantly offered, ure less changed in price. Little as this altera- tion may be considered, it {8 accompanied by increasing confidence in steady amendment; not so much, perhaps, in the hope of greatly advanced prices, as in a more full, Fegular, and active employment of our manufsoturers No douot a very main element in this desirable atte of things is the continuance of moderate prices for the raw | ateriol; and it is no wonder, therefore, that we look to our advices as to the extent of the American crop with much interest, knowing how much depends upon that point. So far there is every reason to believe the crop will prove a fair one aa to quantity, as nearly ao a dis- jonate estimate cam make it, 3,200,000 bales, or it may be 2,500,000 bales. 300 American have been taken on speculation this week, Sales for the week amount to 24,880 bales. GEO, HOLT & CO. Livsxroot, Jan. 14.— Business is slow in recovering its former spirit and activity. During the last two or three ttle more demand has come upon us, moderate increase of consumption. foot of this increased trade business was a | thening in the price of the raw msterial; and ch was the case, though only to # very limited extent, reported incur cleular of jast Friday. But on jay, tho Manchester market day aut fubaequea'iy, it was made apps onal supply of yarn | d goods, the result of this incrersed consumption, has in some degree overloaded the market, and added to the dullness and depression previously existing in the trade: The result has been a corresponding reagtion upon va, aud a slight retrograde niovement, of about 4 per ib. ia tho prices of ull deecriptions of American, more espe- clally the better qualities, ray “fair,” and upwards, of which the recent imports in a great measare consist — Surata are steady; Sea lelends, as rhewn by the public sale of Friday lost, 4d per Ib lower, All other kinds without change, nor oan welook for any material chanze in the direction of prices, until parties are prepared to hold thelr imports for a’ demand, or a better site of things shail spring up in the manufacturing districts 760 Americar, and 500 Surat have been taken on specu- Iation, and 50’ American for export. Salea for the week 25,560 bales. GEO, HOLT & CO. Finar cial Afiatrs, Wepxespay, Two o’ciocr, Jan, 12—The arrival of oae of the packet ships at Liverpool, with five days later accounts from the United States, has brought no decisive intelligence either in poiltical or commercial affairs. On the latter subject it may be fairly considered that the worst of the money crisis has pasted in the United States, for, from all we have been able to learn, they will be very little affected by any of our nibre recent failures. We shall, however, be able to judge more accurately of the state ‘of affairs on the arrival of the steamer, which may be expected im the course of to-morrow or Friday. — Ia the meanwhile, it is worthy of notice, that in conte: quence of the internal navigation to the westward hay- ving continued opea fully a month later than on the average of years, muoh larger quantity of grain aud flour has been {ransmnitted to the eastern seaboard than could previously have been calculated upon. [tis not improbable, therefore, but an increarwd quantity will bs shipped for this country during th ‘months, and more espeeially if the winter is protracted in the east of Europe, the recent accounts would al- most lead us to expect. The prevsiling high rate of interest fcr money in the United States will further the holders of predu tend to accelerate shipments, as the - ee H Iscout Peret, ‘at the rate of from 12 te Loin hed ron 't is necesrary that sil these Contiogencies thould bs taken into seconnt by the | against, goods exported to India, China au as for as concerns the bala bank, when compared with (heir liabilities on bank notes, thei¢ position has brea limproved to the extent of about 11.000,000f , or |- | on account of the government securities pre’ om cashire are not at all favorable. The commer failures are pressing with considerable ceverity oa the producers from ali points of the comp, and ruck anxisty in felt at Manchester and Glasgow in particular for the next accounts from Calcutta, Th» manufac- turing inturests of Gisagow have been most severely bit by the house of Cotesworth & Co, amd every day’s let- ters cnnowncs fresh dirtsters. Tie Seoteh banke will also ultimately be heavy aufferers, as they have been in the practice of late years of disconating (he billy drawn south Ame- rica on ao extended scale. Thora has been 2 price of consols, which have been done f aa high as 87%, commencing at &7'/. The doubtful *p- Pearanos of continental politics, and particularly in Spain max to have noy lost uli tafluence on the minds of the speculators, who are running manner similar to ihe last account. The repo made use of this morniug is on the assumption th bank direotors will further reduce the minimum rate of interest at the weekly mooting to-day, which for the time being has rarved the purpose of the epecuiators for the advance. Thore was also a considerable purchase made of Three-and-a-Quatter per erat riock by an in- fluential party, whéeh had the effect of advancing the Price to 59. ‘he Three per cents Reducvd have been sold from 875g to 75, Bank Stock 194, and Exchequer bills, 8 Co 265 prem Quanven Past Two.The meeting of the Bani Di- rectors has just broken up without making any altera- tion in the minimum rate of ioterest. This ovuree of proceeding is generaily approved of by the commercial interest, as it is considered that it woul stimulate further speculation in public » out being any benefit to trade, unless me! resiore cominercial eredit, Quanten Bevone Tuare.—Consols 87% NM. er considerable rise ia the he account Account, for Bask or Ewotaxn. An account, pursuant to the Act 7th and th Victoria, cap. 32, for tho week ending January 8 Issue Derantmnst -£25,876,770 Gov't debt... Notes issued, Other securities $11,015,100 2.984.900 £26,876,770 Bankina Deranraent Other deposits 10,8 Seven day aud 0 Dills... cee €35,316,287 £35,256,287 f January, 1849. rbureday, Jan, 13 —A conrideradle de- @, to-day, by @ Dated the 13:h d Panis Bourse, gree of pensation was eaused on the Bou report that the king was seriously ill, and Threes before the opening of the business, werw a slow an 74, 1c 5 Aa it was, however, soon after ascertained that the tumor was without any foundation, the pyymenis opene:! f. andafter going up to 74 603 , closed at being, however, lower than yesterday. Fives below’ yesterday's closing quotations, having called 116f 700 ; and New Loam 76f 20c The market closed as foliows:—Three per cen for account, 74{ 60.; Five per cents, for esah. 116 for account, 110f. 7c ; New Loan, for cash, Taf 2 account, 702, 30¢.; Bank of France, shares, 3 | politan, 102f ; Spanish Threer, 2934; Spai quoted, Ban or Faance.—The quarterly account of the Bank of Fravee for the three months ending the 37th Decem- ber, gives the following statement of its present posi tion as compared with the quarter ending the 29th of Sep~ tember, so far as regards those items of the account ish Fives, which are subject to variation. On the debit side of the accoun: Sept.,! Dec, 1607. itis ias pate 434 (00,4 Bask uote outta haa ae Fri 9 335.1 Dividends poy 700 Sundry secoun P4sea7h 397,068,038 On the other aide of the account: Sept, 1947 Dee 1347 Francs, France seneinagerns 94,580,988 109,642,390 Cash in hand Commercial b: ding those on branch bauks Advanced on 201,317,567 208 500 10,339,202 74,128.78 272,390 183,105,458 14,149,994 6,703 392, 899,971,189 From this statement, itappears tiat the bank notes in cicculation have increased about 4.000 000¢ , while the stock of bullion has increased about 15,000,000f, #0 thet of the cash assests of the yout £430 000. been received the last quarter ousiy Fold, About 6,000,008 hay rectoreof the Bank of Legs oye ¥ a fer den abou O00f to be 9 a Deeaived ae {hat before the end of May the curcentof builloa may | Ruselan gover moter ne of tis ranesetion. ne ‘he opporite direction to what jt is doin, | amount of government 3 purel Fiz 10 Pnatbse respect to the accounte from Mexico Jt | vale to Rusia bas, however, irom the meee