The New York Herald Newspaper, September 26, 1848, Page 1

\ ‘Tepes: y. Ste ROE REN mene I NO. 5228. ATPAIRS ON THE OTHER SIDE OF THE ATLANTIC. | | OUR EUROPEAN DESPATCHES, &e, be. Ge, | Our London Correspondence, | Lonvon, Friday Night, Sept. 8, 1843. | ‘The Prevogation of Parliament—Queen’s Speech—De- | parture of the Court—Chartist Insanities—Ocean Monarch, the Inquest—More Railway Accidents— Theatrical—Agricultural, §., $c. Parliament now stands prorogued until the 2d of No- ‘vember, The lengthy session we have had, was brought to aconclusion by the Queenin person, on Tuesday last. The speech bore much same the appearance as the generality of royal speecher, vis., a congratulation to the members of both houses for the business they had got through during the session. It made particular reference to the passing of the act for the prevention of crime and outrage in Ireland, and also referred to the relief that had been givento that country, by con- | tributions raised in various parts of the united king- dom. The decision displayed by the Lord Lieutonant, during the late disturbances, was commended in » marked manner, Thanks were, of course, voted to the members of the Commons, for the readinoss with which they bad ogreed to the grants and estimates asked for; and, after a brief statement of the progress of our di- { plomatic relations with foreign countries, her Majesty left the house, immediately proceeding to Woolwich to embark on board the royal yacht, in order to be con- | ‘veyed to Dundee, where it is purposed the court will remain for a short period. No parliamentary matters, of the least interest, have been debated during the past week if T except a discussion of a personal character, between Mr. Berkeley, a late member, and the gentle- men of an election committee. The former impugned, in very strong terms, the conduct of the latter, but as Mr, Berkeley’s character did not stand in particularly good odour with the House of Commons, the assailed arties were advised totreat the matter with contempt. Thus has been brought to a conclusion, a session of jong duration, in the course of which little business thas been done; but which, nevertheless, has, from a variety of circumstances beyond control, been ren- dered exceedingly anxious. Ministers have not satise fied the expectations ofthe country. They have given notice of the introduction of measures of importance to the common. weal, which, when the time arriv d for discussion, were abandoned. Those that have been carried bear butslight evidences of being of any use; and, altogether, a parliamentary session has not, for rome considerable time past, been brought to an end, that bas excited so much general disapprobation bat ig 2) the intelligent circles of the empire. A few more chartist arrests have been made, but really of so insignificant a character as to be scarcely worth mentioning. {tis reported that twenty-eight persons have been apprehended at Ashton, (the place where a policeman was, lately, brutally murdered) be- sides two or three at Manchester, and one at Liverpool. ‘They do not, however, relate to any of the leaders of ‘the movement, but concern the small fry of the trans- action, Chartism is now ata considerable discount, The inquest on the Ocean Monarch termi: don Saturday ; and the jury, after bringing in a verdict of accidental death, censured, in severe terms, the con- ‘duct of the captains of the Cambria and the Orion.— ‘This bas excited some surprise. more particularly Captain Murdock, of the Ocean Monarch, at an earl: art of the inquiry, absolved these gent! from al ame, stating that they must have been at rat dit tance from the ship when she took fire. [This | com- municatedin my last letter] The decision of theju- rymen has called forth a letter from Captain Hunter, ‘of the Cambria, (which is a Welsh ship) wherein he impugns the remark of the coroner, “that it was easy to discover whether the vessel was an emigrant ship, or any other,” and also proceeds to justify his proceedings in the matter. The Vist of contributions in ald of the sufferers has reached four thousand pounds. in addition towhichan amateur theatrical performance will be given by the officers of the Liverpool garrison, the pro- ceeds of which will be devoted to the same cause. ‘Three very severe accidents have occurred on the London and North Western railway, by which two ersons bave been killed, and thirty or forty seriously Praired, ‘The inquest bas mot by its proceedings thrown much light upon the matter, but there is not a doubt the unfortunate occurrences have originatedin consequence of the carelessness of some of the sub- officials connected with the line, An invitation has deen sent to Louis Blanc, from some political friends of his who are in London, to attend a “ aympathising demonstration’? which they had intended to have got up-during M. Bianc’s stay in the metropolis. The in- vitation has been declined by Louis Blanc—the al- Jegéd reason being that he is unwilling to meddle, even in the remotest degree, with political parties in Eng tate t Stowe, the residence of the Duke of Buckingham, is proceeding. The amount already realised is enormous, and ibe auction is not yet near its conclusio: te seaatricals are very low forthe present; but may, perhaps, revive in a few months, when the winter cam Paign commences. Both the opera houses are closed, and the principal performers are distributed through the provinces, singing wt festivals. Jenny Lind has to sing at Worcester and one or two of the large towns; ‘but Ido not think she will appear again in town Macready, | believe, leaves for New York in the Acadia to-morrow. In addition to the arrangements commu- nitated to you a few weeks back, | am enabled to state that Drury Lane will be opened on the 1st of October, under the management of Mr. Bunn. He has already engaged Sims, Reeves, Whitworth, aud M’lle Nissen, be- siden which negotiations are now pending with Miss Birch and Herr Pischek. Auber’s opera of “ Hayd opens the season. Julien is conducting hie band at the Surrey Zoologicai Gardens, a place of summer re- We have had a few days of capital harvest weather, by which a great deal of wheat has been housed. In some situations there is yet some cut; and, should the Gne weather continue, the harvest will be brought to ‘an end far more satisfactorily than was expected. The Glace has fallen a little the last day or two, producing a slight shower, accompanied by & gloominess that rath suggests more rain, It may, probably, nold off for a shert time, which will enable toe whole of the crops to be carried. All the grain that has been gathered dur- ing tho past week is in good condition. ‘The samples of wheat already cut, and the condition in which those have appeared, {u addition to the recent fine weathe occasioned, last Tuesday, & decline of six shillings quarter in the price ef corn The majority of the r Hortscf the crops state them to be average, ‘The past week has materially accelerated the harvest. The prorogation of Parliament has taken almost every one out of town, and entirely left us without | news. There is scarcely anything stirring, nor do [ think that, at the next London Seesions, there isevena Chartist for trial. ‘The departure of the Queen has + been the signal for the fashionables to emigrate during the recess. PROGRESS. Our Liverpool Correspondence. Livenroor, Sept. 9, 1848. The Weather—The Late Gale—Affarrs in Iveland—The | teresting piséare. bas been published, and great num- | whose conduct was most praiseworthy. A gold medal -mands that all natives of Lomba: ba tried, without doubt. at the special commission. Nothing hes yet been determined with recard to Mr. Dufly Two men, named Lawrence and William Call, father and son. areto he executed onthe 16th, If the | commission open on that day, it will be one of great excitement, as the judges will pass the place of execu- | tion in going to, and leaving the court; and, moreover, their lodgings are close toit During the sitting of | the ocmmirsion, there will probably be 4000 soldiers looated in Clonmel, The general oninion of the authorities in Ireland, is that Mr R. O'Gorman and John Dillon, barrister, and othér ineurgent leaders are still fagitives in Ireland, and not, as reported, in France. A most active search has taken place doring the nat few days for O'Gorman. and Doheny Mr. Francis Morgan, solicitor of the corporation of Dublin. against whom a warrant was issued, is certainly in Paris. from wheace he has sent over a communica- | tion to the corporation It isan extraordinary fact that the grandfather of Mr. Smith O'Brien—nemely, Sir Lucius O'Brien, then a leading counsel on the Munster circuit, of which Clon- melat the time formed part—was the advocate for Father Sheehy. on his trial for the murder of John of the Bridge, of which murder the reverend gentleman: was found guilty, though the eaid John of the Bridge in | was living thirty’ years afterwards in good health Newfcundiand It is sald in Newry, that it is the intention of the lady of Mr John Mitche}, together with the mother and sisters of that unfortunate gentleman, to proceed to Awerica immediately, and that preparations for that purpose are in progres Prince d’Joinville’s sketch, from memory, of the burning of the Ocean Monarch, which forms an in- bers told in this tewn. Admiral Grenfell has acknow- ledged the receipt of a gold medal, presented him by the Liverpool Humane Le Ae a letter of thanks. The same rociety awarded to each of the officers of the Affonso the society’s silver medal. of the first class; and to each of the four seamen (whose conduct was highly eulogized,) their silver medal of the second clase. A silver medal of the first class was also awarded to the first officer of the Ocean Monarch, Mr, Jotham Bragdon ; and £15 to five of the crew of the said ship, warded to the marter of the amer Prince of and asilver medal to his mate, and £25 for distribution amonget the crew of that vessel. The subscriptions now amount to £6,000. Another dreadful fire has occurred at Constanti- 32008 Sites destroyed property to the amount of Several encounters have taken place between the Hungerians and Croatians, in all of which the Hunga- zane, neve been defeated. The Croatians have crossed je Theiss. The ratifications of the armistice between Denmark Our Dublin Correspondence, Duatiy, Sept. 8, 1848, State of Ireland —Visit of Lord John Russeil—His Conferences with Clarendon--The Repeal Aisocia- tion—Letter from Francis Morgan, gc. § The monotonous dullness which has existed for the last ten deys still prevails. It is true that the Pre- mier has paid us a visit, but, with that exception, I may say there is nothing of any interest going for- ward. The plan fora rotatory Parliament still gains ground. The Duke of Leinster has, however, declared against it, who appears to have grounded his opinion upon a letter written by a Mr. Anthony Guinness, (supposed to have been Mr.Guinness, the great brewer, but the real person has since been discovered, but and Prussia were exchanged at Lubec, on the Ist inst. The Berliner Nachrichten states that Prussia is to in- dempify Denmark for requieitions in Jutland. The Danish prisoners at Altena were set at liberty on the 1st, and the federal troops were leaving the Duchies. The Milan Gazette of the 28th ult., publishes a pro- clamation, issued by Marshal Prince Echwarsentotg, the military governor of that city. The Prince com- ly, residing in Milan, except those born there, shall, within eight ‘days, pro- cure a certificate of their birth, from the district to which they belong. The masters of furnished hotels are called en to make areturn to the authorities, of all persons residing in their houses. The Madrid wails of the 31st have been received. It Was expected that a series of financial measures would, in @ few days, be announced in the Ga: whioh would form the basis of the new financial system of M. Mon. In two or three days, it was expected that » monthly instalment would be paid to the ive classes. A communication on the subject of the quicksilver mines, was expected hourly from M. Rothsobild. of London. The reported resignation of Villa Hermosa, a8 political chief of Madrid. is contradicted. It was reported that M. Artata would succeed M. Euciso, aa chief ofpolice. The Captain General Vilislonga had left Velencia. in pursuit of a band of insurgents, which bad appeared at Maeztrasso. A Carlist chief was ar- rested at Oram, in Algeria. by the French authorities, who was employed in recruiting for the insurgenta, ALBIONA. Our Southampton Correspendence. Soutuamrron, Sept. 8, 1848. The Misheps to the Steamships United States and Her- mann—The West India Steamer, §c., $c. Two mishaps have occurred to American steamers, which it is necessary I should communicate tv you this week. The first was the mail stexmer Hermann, Capt. Crabtree, from New York, which vessel had the bad luck to get ashore in Gurnet Bay, Isle of Wight, on Monday morning last, during a very thick fog. ‘The Hermann had made a most excellent voyage from your city, cf under thirteen and a half days, She took on board a pilot at the usual place, between Port- land Bill and the Needles. and passed through the Needle rocks in safety ; but, on nearing Cowes, it be- ing about 2A.M. in the morning, a very dense fog came euddenly on, and, from this cause, added to some variation having been discovered in the needle of the compasses, the Hermann went on the groundin Gurnet Bay, about two miles from Cowes. The engines were immediately reversed ; but, as the tide was fast ebbing, all efforts to back off the ship were unavailing, and Captain Crabtree was forced to wait till daybreak, when assietance was promptly rendered to him by asmall steamer, which was waiting for the mails and passengers. Fortunately, the weather was perfectly calm, and thus the measures for getting the Herman off were facilitated. Lighters were prooured from Cowes ; a large quantity of couls were discharged; the anchors, chain cables, and some heavy gear, were hoisted out, so as to lighten the ship, againet the next high tide ; and preparations were made to pump the water out of the boilerr, in case such a proceeding should be found necessary. The measures thus taken, I am happy to eay, were attended with succe: at high water, on the 4th inst.,3 o'clock in t! noon, the, Hermann floated gently off th which she had grounded. not having received the slightest damage from her twelve hours’ detention on the mud. The Hermann then made for the anchor- age in Cowes roade, where she took in the coals and stores which had been discharged; and sailed thessme night for Bremen. The accident might have been at- tended with serious consequences to the ship, had she gone anywhere elee in the bay, as there are a number of awkward rocks in the vicinity; fortunately, how- ever, she went on # comfortable clay mad pottom, and not being at full speed when she struck, was the cause of such # favorable termination to the mishap. The passengers by the Hermann presented 8 most congra- tulatory and complimentary letter to Captain Crab- tree, to whom not the slightest blame is attributable, as the ship was in charge of a most experienced pilot. ‘The Peninsular and Oriental Steam Navigation Com- pany‘s ship Pottinger. when coming home from Alex- andria, in 1847, went on ehcre within 1,000 yards of the rame place; and the British man of war Cyclops was al:o ashore there, fora few hours, in the same ear. "| The Hermann may besaid to havea second time beaten the America on the ay from New York to E Tope. The America arrived last week in 13 days ‘and “1 hours, whereas the Hermann’s present voyage has only occupied 13 days 12 hours—both ships baving reported five days’ bad weather and head winds after leaving the American coasts. The Acadia arrived at Liverpcol from Boston at 5 P.M on the 4th ini and, taking into ts count the respective distances tra- point of speed, over the Acadia. Tam th s particular in giving you the exact details of voyages of the competing travsatiantic steamers, | | verred, the Hermann has also had an advantage, in | | Ocean Monarch—Miscellaneous Intelligence. ‘We have hada gloriously fine week. The barometer commenced falling about twenty-four hours after the “Europa’s” departure, and continued doing so until ‘Thursday. Its fall made me tremble, for I predicted a great dealin my last despatch. During the week, the harvest has been well nigh completed. The various reports respecting the potato crop are more cheering ; and, certainly, on the whole, the prospects of the country, as to the supply of food, have improved con. | Biderably during the last fortnight. Respecting potatoes, an Isle of Man paper says :— «(Farmers bave poured them into our town in such quantitics, (in consequence of the disease) that they are now selling at 2d. a 24d. per 141b. Scarcely mor® | than one-half of those duc“hre sound.” ‘At Belfast, they have had “the very finest harvest weather The Enniskillen Chronicle says, after very carefal investigation, it has arrived at the conclusion that “the failure will not prove so extensive, in that uarter,as was believed a week or two ago.” The ‘ork Examiner, of Monday, contains equally cheering reports from the counties of Cork and Kerry. The Scotsman, of the 6th, says :—“About one-half of the harvest, in the lower district of Mid Lothian, may now be reported as safe inthe stack yard.” The Glasgow Chronicle, of Wednesday, says :—“During the last eight days, in this part of the country, the weather has been highly propitious, and a good deal of harvost work done under favorable circumstances.” ‘The gale, which lately visited the east , land, has proved @ most disastrou fi « | loss of life is 93. ja The destruction Icnlated to amount, to about £25,000. Could becription of $5000 be raised, without dimoulty, @ city of New York alone, for the poor sufferers be glad tohear the effort being made. Try what you oan do. ‘One hundred and seventy-nine male convicts arriy- ed from Cork, last Tuesday, at Kingston, on board the “Birkenhead,” from which they were the convict ship in the harbor. McManus, ‘‘the rebel obief,’ was one of the number, and was sent per, rail- way, to Newgate. He is charged with high treason. Mr. Jemes Martin whe, you will recollect,was commit- ted for challenging Mr. Waterhouse, foreman of the jury who convicted his brother, has been releaved A epecial commission has been issued for the county The commirsion opens on the 19th ‘wis for high treason, prironers are required to namo their counsel, it appears. Two counse “i toeneb prisoner on the finding of the bills, tin the prisoner's defence, transferred tie! will bo | because | kno« that the interest CX Sebel excited by their various and comparative performances is very | great, and Iam anxious ‘that you should be in pos- session of correct information, to lay before your nu- | merous readers | The Liverpool people are very loud in their ohuck- | ling over the defeat experienced by the Hermann, on | her last voyage from Southampton to New York; but it must be borne in mind that she had a very heavy | onrgo. and was deeply laden too deeply for her to at full speed. It is, however, undisputed, that hitherto | the Hermann bas made the eg Bs ever yet known from New York to Europe. I allude to ‘voyage last July—and that she has two ohelks to the America’s one lam 7 now to have to allude toa more serious disas- | ter which Defallen that splendid ocean steamer, the United Stat Havre. on the 2d inst., isengers, and a most valuable cargo, she called off Cowes for English passengers, &c., which were embarked, and she finally sailed on the following day for New York She proceeded only so far as the be 4 Islands, when it was dixoor that the bosses which are fastened to the condensers on which the main centres work, had cracked, and thus the safety of the engines was bag ar yen) unless immediately repaired, A meeting of the passengers was imme- diately called ea Captain Hackstaff, and it was unani- mously egreed that the ebip should return to Southamp- ton, to have the defect made good. The United States, accordingly. reached Southampton water in safety, on the trig of the 6th, was docked the following morn- ing, and the engineers are hard at work in repairing her. I understand five weeks will elapse before the ship will again be ready for ne satisfied with the oon- 5 t ‘The pareengers are exceedt: duct of Capt, Hacketaff, and plearant predicament of the vessel to return the whole of the pnsnag senger wishing to leave the shi le to any pas hear about tin n sixty received the rame in full, the remainder of them preferring to wait till the ship A great many of the pasrengers from the steamer United States will go by the Hermann, on the 20th, ‘and some by the Acadia. to-morrow, trom Liverpool It is vatirfactory to know that the accident which har happened to the United States, has not arisen from any detect in the construction of her really beau- tif engines, but from one of those causes over which there is no controul, end which is likely to happen to steamer, fe he Wert |ndia steamer Tay artived here on the 2d inst. She bronght $700,000 in specie. The Fuaxine | arrived on the 6th, from ( onstantinople, with nearly $1,000,000 fn geld; and the Madras arrived the same day from Gibraitar and Lisbon. All of these ships had valvable cargoor. The Euxine brought news ofa great fire at Constan- tineple, which destroyed 3 000 shops and houses, and again ready to It la scarcely t did damage to the amount of $10,00000, There is nothing new from or Portugal, which remain perfectly tranquil, ANGLO-AMERICAN, who he is, or what he is, no one knows). On Monday last the society held a meeting in Abbey street, Lord Wn. Fitzgerald in the chair. After the admission, as members, of several noblemen and gentlemen, the fol- lowing resolution was unanimously adopted:— “ That in order to removo a misapprehension which appt ‘© exist, as to the object contemplated by the society, we feel it necessary to declare that it is with desire to procure # united meeting of the Imperi Parliamont in Dublin, for general purposes ; but t! the object of this society is to procure an arrangement by which the Imperial Parliament should hold its sittingsin Dublin, during such convenient portions of each year, as may be sufficient for the transaction of businers more particularly relating to Irish affairs,”’ On Friday last, Lord and Lady John Russell, arrived at Kingstown; a large crowd of persons were waiting on the pier, anxious to behold the arrival of bis lordship. ‘Ihe Lord Mayor, George Roe, James Magee, and James Pim, Eequires, went on board, and received his lord- ship; when hfs lordship landed, he was saluted by loud cheers. On Monday he visited a family estate, at Ard: , in the county of Meath; he subsequently visited the Royal Irish Academy, Trinity College, and the National Education Office, in Marlborough street. Mr. John O'Connell has addressed a letter to the people of Ireland. the object of which is to try and recommence the old system of humbug. He makes an appeal in the following manner :—“ If within the course of the present month you cannot come to the rescue, it will inevitably be necessary to advertise and dispose of, as best can be done, the scenes of our former labors. Whatever may be the produce of the sale, the yet remaining Habilities of the Association shall be first discharged, and then. if any surplus shall remain, it shall first be vested in such members of the committee as may choose to undertake the trust for the use and benefit of the Association, when t! resumes its sittings.’ He concludes by saying can prevent the necessity | announce if you be so minded ; a small, if regular and constant effort, would be sufficient.’ On Tuesday last, a Mr. Beasley, of the county of Tipperary, who hed formed an Agricultural Associa- tion, comprising seventeen parishes, waited upon Lord John Ruerell, for the purpoee of laying before him a plan for converting poor rate into capital, (by means of land improvement.) and requesting some advance from the public funds, for the purpose of carrying out the experiment in his own locality ; Lord John was, however, busy, but Mr. Beasley had an interview with Lord Clarendon. Having explained his views, he pre- rented his Excellency with the details of his plans, His Excellency, however, did not hold out any hope of aloan or advance; he said, the state of the public revenue precluded that mode of proceeding, and com- mented very strongly on the waste, plunder, robbing, and misapplication of public money, recently, in Ire- nd, Public liberality and private benevolence we: ike grossly abused, Landlords had applied for and obtained immense sums, for the alleged purpose of im- proving their lands, and affordi: mployment, neither of which they did, and made like remarks on the poor law system, &o. Mr. Beasley then withdrew. ‘On Tuesday last, there was a meeting of the corpo- ration, upon which occasion a letter was read from Mr. Francis Morgan, one of the solicitors to the cor- poration, and who is at present in France, having been obliged to fly in consequence of the part be took in the late movement, praying of the corporation not to discontinue his services, and stating that he “ is not guilty of any moral or politica: crime, unbecoming their offloer or inconsistent with the rights and duties of a free citizen; and that he is determined, as soon as he bas ascertained the particulars of any charge, to mest it boda before a jury of his countrymen e house was adjourucd. . eoaed powecie acer RY the Caatle. Tt is understosa ake, Daageot of the approaching Stat trials was brought under consideration. rests, itis stated, are to be made of parties connected with ‘the late Dublin clubs. unless new circumstances should demandit. There are, at present, numerous warrants uncounted, which, it'is supposed, are not to be now proceeded with. A person of the name of Nolen, who has Intely arrived from New Orleans, has been arreated on a charge of distributing arms amongst the disaflected ia Birr and Roscrea. Mr. James Martin, who was committed to prison, and sentenced to one month's imprisonment for co tempt, for having challenged Mr. Waterhouse, tl foreman of the jury who convieted Mr. Martin of the Felon, was,on Wednesday last, discharged, upon tering into seourity to keep the peace for seven years. The camp at Turtulla, near Thurles, has been struck, it is supposed, for the purpose of concentrating troops at Clonwel or Nenagh during the trials. To give you an idea ofthe value of Irish railways, at the last half yearly meeting of the Dublin and Drog- heda Railway Company, it appeared that the receipts of the company are barely sufficient to pay ‘ive per cent. per annum on the capital; and that, although a portion of the expenses are charged to the account of capital, the amount left produced only 10s. per cent. on the balf year. of Orange notoriety, died at Ballebay on . His funeral was attended by a large number of Orangemen. ‘The police force in Ireland ts to be supplied with ten pieces of artillery. Field pieces will be appropriated to the force in every county. Another murder has been attempted in Tipperary. On the 30th inst, Capt. Scully, a relative of Mr. Soally, M. P. for that county, and uncle of the late Mr. Scully who was murdered some years ago near Cashel, to- gether with his son, was fired at. He escaped badly wounded. On Saturday last, Sir C, Napier returned with the fleet under his command, to Cove. They had been for eome days cruising in the anabenhauinen or cepe Cc) . ATTENTION, Our Paris Correspondence., Pants, Sept. 2, 1848. Mediation-—Verdict of the Jury—Franklin in Paris. Gen,jMenegaido, Commar.der of the National Guards of Venice,Envoy in Paris, hasjust left the city, for Lon- don. During his residence here, he has had repeated interviews with Lord Normanby and Gen. aignac, assuring them of the resolution of the Venetians to resist to the utmost; he has made known the gravity of the dangers which now threaten them. General Cavaignao replied to him, “ that France had offered its mediation to Austria, upon the basis of the freedom of the Italian States, and that he hoped this mediation would not be rejected—in case it was, then would come war; that it was not he alone would resolve upon war, but that it would be declared by a decree of the Na- tional Assembly ; that he might write to his co-pa- triots to hold out to the utmost, and give his word the greatest publicity.’’ After this bold and frank response, anda suitable expression of g atitude to France, the Envoy posted immediately for London. The Frenoh a8, of to-day, confirm thie important and, if rue, decisive fact, in the great political Kuro- n dra The French press, of to-day, say that the Austrian minister has given assurancs t, ifatreaty is not made with Charles Albert, the mediation will ‘be accepted ; but this needs confirmation, A day or two since, I passed through the Barriere Franklin, to visit the magnificent foundation laid by Napoleon for the palace of the King of Rome, and ai residence of the philosopher for whom the barrier is named. Frank! reside in Passy during the sum , upon the north side of the Seime, and overlooking, in its southern aspect, that beautiful and meandering river, The grand gate and passage of the barrier, bearing his name, is {at the southern extremity of Paris, and upon the bank of the river, in the direot route from Faris to Passy, up and down the north bank of the river. The French so much honored the from Turin, and the acceptance of the mediation by Chartes Albert, isan anawer to this, That Uharies Al- bert has not authority, if he wore diepored, to treat for Lombardy snd Venice; and that he is uot disposed to treat for them orfor Piedmont even, but is making every possible prepesion for war at the termination of tho 46 days. the energetic remonstrance of France has been felt in effecting the armistice be- tween Prussia and Denmark at Frankfort, and there is yet a strong hope that Austria will not turn a d ear, That Austria has no right to the Italian St that the tii has come when it is necoasary that they should be free."’ The orisis approach: ita ao- lution, OBSERVER, Panis, Sept. 3, 1848. Speech of General Cavaignac—Vote of the Assembly — The Constitutionnel. Another remarkable speech, short, terse, and pointed: | was, yesterday, delivered in the Assembly, which set- | tled the question in favor of the maintenance of the | siege duringithe discussion of the Constitution, and the suppressionjof the journals during the time the go- | vernment may judge it tobe necessary. by a vote of 520 to 140! and this after all the drilling of the prei nd agitation in and out of the Assembly. Ledru Rollin led off in favor of “ raising’ the siege, and giving free scope to the press during the discussion. As hare had occasion to remark, he is a man of daring anil of talent, amanof power. But Thiers, Jules Favre, and Ledru Rollin, ‘have each tried their hand with Gen: Cavaignac before the Assembly, His success has been remarkable, in breaking them down before him, under the pressure and force of his reasoning. One reason is, that they have been each time in the wrong. The positions of Gen. C: snac were. that France isin ‘an exceptional state; the Assembly bas deolarod a stute of siege; are free to recall it, or to discuss under it; itis their own act over which they have control at amy moment—and it is not a case when a monarch or his government have imposed it upon the Assembly—that the government ratifies the Assembly ; that it believes the recall of the state of siege would be perilous to France, tothe Assembly, and eyon to the oonstitation iteef. That at thi point it rests, leaving the Assembly to assume the responribility of deciding—that while it may retire before a defeat, under certain circumstances, it will not derert ; and desires the Assembly to judge irre- spective of ita wishes, for a continuance of the present Executive In office; that the government will respond | upon all subjects to the Assembly, and holds its power at its will. Bnt to those who do not desire the Re- poblio, if responds by the existing state of affairs—that it supprékses no journals, except after mature conrider- ation. and then only such as attack the republican principle in the ‘axfetence of society—that « certain portion of the preas was an engiue of civil war; and, in the pak fn state of the country, its ex. istence was incompatible with the establishment of the republic or order and quiet in France—that it was only the harm of tho press which was in- consistent with the existence of a government society that was restrained; it was an t of necessity which political men could under. ‘and; that no attacks upon ministers had been, or would be, noticed; that they held their persons cheap, and their lives ready to be sacrificed iu opp: who oppored the republic ‘This is but a: synopsis of'a speech which called out “bravos’ from the national assembly, created an immente sensation, and carried it by the strong majority befors named. Thus far General C. has exhibited extraordinary power, both ip the assembly and out of it; and strong as have been his measures, they are executed with so much regularity, firmness, and prudence, and his whole ca- reer is dictated by 50 strong a sentiment of duty, de- votion to the republic, and undaunted physical and moral courage, that he is gaining strength overy day in France and in Europe. Nearly evory power in Eu- rope bas already manifested its respect for General C., ond this gives him strength at home, for the French feel more vainly the position of their foreiga relations than of their domestic; their national pride is much stronger thau avy other sentiment of their beurts, and nomanean act as the head of the French na tion who dors not cuuse it to be highly respeoted and listened to. in Europe I think it is now settled that the insurgents will be traneported only to Algeria, which will be exceedingly ratifying to them and their friends. ‘Those men are ut the instruments, stimulated by such men as Louis Blanc, Caussidiere, bo., 20+) @— 4 the nine veh follomed their lead | and they ought td bé Treated Fe ‘thé it ro Inet smey spd Nature of the case will admit. The Corstituconne? neems to be happy, and very good, since it deduces that, within the principles laid down by General Cavaignac, they are in no danger of being suspended ; and ‘although the General did not name them, he stated a principle which excluded them, as they had, in good faith, accepted the republic, Somo of the members of the Clup Poition, ancient legitimists, felt pretty keenly some parts of the General's specob, which they have been since attempt- ing to agitate inthe club, and to which they avow their intention yet to reply. To-day. General Cavaig- nac bas reviewed 80,000 troops in the Champ de Mars, accompanied by the Minister of War, Com- mander of the Nations! Guard, and a large staff and escort. There reviews are magnificent, and worth coming to France to witness. OBSERVER Pants, Sept. 4, 1848. The Great Fete at St. Germain Yesterday, the annual Féle de Loges, was held at St. Germain, in s beautifal forest of 8,000 acres; about | two miles from the chateau and village of that name- It is fifteen miles from Paris; and steam and atmos- pheric pressure, each in its turn, forces along the train of cars, loaded down with Parisians and others, to witness this time honored festivity, which lasts three days and nights for they dance all night. The atmospheric rain is a novelty, snd, to most, a great ourlority, the immense pipe, more than two feet in diameter, lying in between the tracks; and then the cars moving so rapidly, with- out oke, to indicate that there is a moving pear to be moved by inspiration, and to Teal life, We ought to try a piece of ited States, if it were only for the g; and then, again, it is more plea- tant, for there is no emoke. cinders, &¢., to annoy the senses; passengers would always pay higher to avoid such inconveniences. The chateau stands upon very elevated ground; and upon the East- ern limit of the forest is magnificent terrace, nearly two miles long, and some fifteen to twenty feet igh. in front of this are descending grounds under the highest state of cultivation, and principally covered with vineyards, for some one or two hundred rods in front; and then beyond this is a beautiful green plat of ground, and then the gentle meandering river Seine, that seems to immerre itself, by ite num rous windings among the cultivated and rich countr through which it passes so quietly slong. I think the distance from Parle to Havre must be nearly double by the river, itis so winding. From this terrace, the high- er parte of Paris are seen ; and the prospect is beauti- ful and extensive—which js astrong point in £0 level country a6 France. From this terraze, a grand high- way and promenade extends into the forest, to the point where the people congregate. On Gappennen the tri-colored flags, ng from the tops of the teats, &e,, are first seen. and after that, the traveller come: upon the scene itself, which is made up of all the fA sensed of such road in the U “tunpy things,’ which the French are capable of doing, to amuse, divert, and gain centimes, sous, and francs. of the leading features, is their numerous cooking blishments—for roasting, boiling baking, kc. ko, For the lovers of pic-nics, if would be worth » visit learn how to serve up a table set in the -y articie is here cooked aud prepared, fresh Upon the epot, and in quantities to feed armies. Thou- sands and theusands are served in this way. pastry, everything, isfresh and warm as itis upon the table ; and all so m mene and beautifully pre- pared. and the tables #0 elegantly ect, and tastefully | arranged, it is worth while to pay for a dinner, for the mere pleasure of seeing how delightfally it is served. There is a village of tents, booths, kc , &o., all erected as if by magic, and also in fine taste; one finds him- MORNING EDITION----TUESDAY, SEPTEMBER 26, 1848. suppose, that he referred to a » if he dld, he should have raia so boldly, and have oat at once in purevit of them, as world have beea his dui but he eaid, there were journals, which he named from reool'ection, who said they would she their lant drop of bloed to establish a monarchy; and he could s#aure the gentlemen, that then the govera- ment were in pi sion of information which show that there were muy people in France favoring to overthrow the republic. (Then the loft appiwuded )— After a vigorous debate, the Aasembly voted, 586 to 154, te proceed toenaot the prine'pal laws. immedi. ately after tho adoption of the cometitution. Im this vote, the presidential question was much lavolved.— ‘The monarchists, in the Assembly, (90 charged with being) desired 4 dissolution, wader the pretence that , their work was limited to making a constitution, dut really to elect a new Assembly, composed of a majority of theiv friends, whish, under the evi and recent influences of the red republic, might ome to pais; they desired to tial election till after that of th for be-ides the influence of such change of thingsupon the public mind; thore would | actually then be a majority to select a candidate to it them, from one of the five highest candidates ; nd it would be very easy in France, for an agsembly thus constituted to prevent any choloe by the people, | Besides, there is no surety, for the future. for the re- | public, with a body of mon of such sentiments con- | stituting a majority in the assembly, with no president chosen under the Constitution. I think the 154, per- | haps, fairly represent the monatchical tendency in the Chamber, which is, probably, numerically stvonger | than tho red republic. All the red republic voted to | continue the prerent assembly, and make the laws; | and there is no doubt but that this is the true iW, and that the attempt to dissolve the assembly, and agitate France by @ new election, and to rivk so much, was factious—factious in the extreme, and having at the bottom a purpose to overthrow the repubito iteelf, on the part of the leading men engaged in the move- | ment. The government opposed the measure, and, after great preparation and labor, it has been em: phatically voted down, and killed. Thus, yester- day, the monarchists helped the government vote down the red republic and the anarchist press (for most of the journals suspended are of the socialist school), and to-day the red republile aids to vote down the monarchists, in their attempts, ina different form, to overthrow the republic, Thus one xtreme is con- tinually, apd almost alternately, used to vote down the other; and each in {ts turn in the support of, and in opposition to, the government The recent letter of M. Lamurtine is worthy of pub- lic attention, A few months ago, he filled the world with his glory, and now is compelled, as a private citi- nen, to defend himeelf against the most caluwnious attacks, and, to that effect, to expose to the world his private affairs, and to state his debts, and his mode of paying them, to relieve himself from the false imputa- tion of having used the public monvy for that purpose. _ 1 do think that some parts of the celebrated report, in its insinuations against Lamartine—its reports of the pretended accusations of Ledru Rollin’s wife, &c., &o,—and other men prominent in establishing thi republic, have never been equalled, in a like grave Proceeding in any party rancor in the United States, With the vast amount of information that it was proper to havo placed before the public, there is a mixture that indicates that the authors oan never forgive those who established the republic, and. at the came time, overthrow the monarchy and its new ministry. M Odilon Barrot had been struggling for twenty years to obtain the post of minis- | ter—he won it ; but toenjoy it from only 12 till four o'clock, the same day. Shorter even than the whigs enjoyed power, under Gen. Harrison, for they had it one month, Lamartine saya that from the sale of his Girondins, he received 300,000 franca—from his ratrimony, 660000 francs, with which he paid his debte—that he had contracted for other literary works, from which he was to realize 530,000 franca more; but thatin the misfortunes of the revolution the publithers were not able to proceed with their con tract, and be hed released them and refanded their advances—that se much, at least, the man of literature tacrificed to the statesman and the republic—instend of unlawfully profiting by it. ‘Thiers’s jealousy of La- martine, and his hostility to him, in consequence, has done much toinjure and overthrow him. ‘The Consti- tutiennet isfull of bitterness towards him and all his menrures; and Lamartine, possessing a much more while tiv pratere, complains of this, rather than retorts. descendants of Napoleon, and the memory of Napoleon | himeelf. OBSERVER. Parts, Sept. 6, 1848. War, or Peace? That's the Question—Emile de Gerar- din—State of Siege—Puilic Opinion. France is still balancing betweem war and peac: uncertain what a day may bring forth—but waiting | with remarkable patience, for Frenchmen, owing to the | indomitable firmness of the President, Peace, if prac- | ticable, he will make ; and he has ourbed the restless , spirits at home to that extent, that they now acquiesce with better grace than a few days since, forthey now understand that all attempts to move General Cavaig- nac out of the path he bas marked out for himself is to waste their labor, and that the Assembly will sustain him in the measures he has adopted If France is obliged to go to war, this position will give her great weight ; for all Europe will be satisfied of her peaceable | intentions and that she goes to war only to assist a weaker neighbor to recover her independ The rumor is, this morning, that Austria and Charles Al- bert are making progress towards a peace, upon the basis of Italian independence ; but I attach but little confidence to this kind of information. 1 think the government has no further informalion, authentic, than the provisional answer of Austria, which I have already given you. Emile de Gerardin has commenced writing, but, as he says, not to discuss. He has been silent for many days; but he finds thet the government has paid no attention to him and that tho Asrembly, have sustained the Government in suppress- ing the journals, and now he begins again to scatter the seeds of civil w r. I regard bim as eminently in- genious for mischief—I doubt his capacity to contribute much to the public well being, as his talent all seem to lie im an opposite direction, From his number of yesterday, be isin a fair way, [ think, to find himself soon again in the hands of the Government. General | Cavaignac remarked to the Assembly, that the civtl | used. “almost exclusively,” by the factious d this is my view offithe case. They have g strife, if you please, for misckief, that is perhaps unequalled; and to let all those incendiaries loose upon such a society as Paris, it would require more than 80,000, the present force in Paris, to preserve order. The more one sees of the French, the more he sees their striking characteristics. Ibave said that they appear, in matters of government, like so many children—they want the experience a} forethought of men of mature age. They are specula- tive—visionary—theoretical—impationtfull of notions and crude ideas—and as changeable as the wind itself. ‘They are proud—sensitive—egotistical - and exceasive- ly jealous of their liberties, rights, and honor. Before the insurrection, all were crying, at the top of their voices, that France waa not governed, and had not | been since the revolution; and that was true. But they were excescively dissatisfied with that state of things. Since General Cavaignac has been at the head of affairs, they say the government is dictatorial, and terribly severe, more than under any former dynasty, apd they are exovedingly restiveunder the wiet and firm regime of Gen. Cavaignac; and yet there is not a man that pretends that Gen, Cavaigaac has done one wrong act—he has used the restraint n ry to control the mischievous, and made men that there was s power capable of restrain but many are at a fever heat at the present at f dictation, as they call it; and ifthe constitu | tion is vetoed, during the state of siege, it will be sought to be overthrown, hereafter, for that cause. There is | & project now before the Assembly to regulate the fu- | ture by law, and to create a legal manner of suppress. | ing journals through the intervention ofajury. Of course, the suppression of a journal, or the arrest and | now asembly ; fy lo, self in a forest, to be sure, but in a village of gypsies, or moving spirits, at least. Roads leading to this point are made on every side, if @ circle has sides, and these forest paths are slive with men, women and children, riding end walking to the fére. There is, too, the aristccracy, sitting ebout in their chai nots, for which they pay two sous each. The are, too, rooms, composed of s floor, and a canvass pe FA sh Is fang im festoons, or rather made of festoons, all surmounted by numerous waving tri- neme, that they gave this grand passage way the f Franklin ; and, next to Washington, | think more generally esteemed in France than that of any other of their distinguished cotemporaries. More eminent as a philosopher than a statesman even, hie drab coat did not diminish the lustre of his name, nor lessen thi mente and his statues, That they di evidence of their greatness ; for no effect, and fecls the force of such ties, like French ; and only remarkable men can be indifferent to them in Paris, with entire impunity, Butin a Na- [are Wasbington, or Franklin, the French over- jook every thing but the man ; they see his oddities to excess. Next to the memory of Napoleon himself is his grey frook coat and cooked hat. I ree, by a verdict of the jury, that the captain is not only ereherniee from all blame, in the case of the Ocean Monarch, but that he is adjadged to have well performed his duty ; and tho first mate is eulogized for his noble bearing. How gratified ! am to record the fact, after the injurious /mputations of the English journals upon the former. The two steamers (both of th clare that er. ae moe have beon usofal, wanting in their duty. I have no farther ing upon this su than to render both nations, from unjust im like that of the Ocean Monarch, especia! del pbtfal to see with how ch promptitude nations bave been made for the sufferet To-day the Nationne! of the med: ly. do- py ‘negotiating @ treaty. oaye, ° that this is pretonce—that jored flags. Over each door were the terrible words, by att fe eng sous ;”" id ladies have paid for hat. privilege, as well as cavaliers. Then, again ote tous pour dense?” reminded ® poor d-—i with but five sous in his pocket, of the risk 1 he ran, ina three days’ temptation. In all the festi- vities of the French their national flags are used, and make avery interesting part of their decorations There were some hundreds upon this ocoasion, many of which were formed into different tastefol and orna- mental figures, Ithink the effect very fine, and that the stare and stripes ofour a be used with gcod effect upom such cocasions. The French seem to love their flag a8 they do themselves. Children are sccustomed to look upon itas the proudest emblem of their national. glory, from their infancy; and in the waving fleg to be reminded hourly of the glory of France. Every part of this immense forest is trimmed, and all the underbrush carefully collected and car ried away for fuel, There is no more difficulty in ing through this ferest, on horseback or in wi thas, n the field. Among the curiosities which [ saw was immense ring. formed of men and women, upon the green grasr, and ® girl of about twent, are Old, looking sun-colored and hard, weed’ ta game of“ lofty tumbling” $8! gresed In short clothes, and she would go ‘end ecrose the diameter of the cord, with a good of agility, and with a ro of approbation, have not seen this feat performed before at any féte. I think it is unural even in France, and not. therefore, worthy of imitation, OBSERVER, Panis, Sept. 5, 1848, Monorchists in the Assembly—Letter f Lamartine. Yesterday, the men of monarchioal tendencies in the Arcombly interrogated Gen, Cavaignac, to know if bo meant them in bis allusions to party, or body of men, who wero oppored to the republic; and the Geac- alexpromsed his sstonishment thet any one should imprisonment of a man, can only be justified upon the ground of absolute necessity for the preservation of soctety—upon the laws of self-defence, as a man ma; defend himself individually when assailed, and his life and liberty put at hazard. All would be justified in securing 8 man who ould undertake to open the doors | ‘and let out a caravan of furious wild beasts upon the auditory and pub! andit is ups, that ind, im the present exeeptional state of Paris, that Gen. Ca- ac pute into the cage these maniacs and imps of 1 spirit that aro again attempting to delu Paris in blood. Noone who has not resided out of the United States, can appreciate the absence of the power of public opinion, founded upon a moral restraint, and the importance of it, such as exists in the United States, A girl rolls end over end, bi together, in the dress of own sex, pill down to fe knees when sh nd falling about her head whe feet arein the air, in the presence of an immense ting of males and then she goes round to get her there, as 8 compensation for her exploi cries chame—no one thinks of it. They look upon the matter ss they would the dancing of a monkey, and with the same renrations. So in dancing upon | the stage of the theatres. Some of the dancers will run to the front of the stage, and throw their apparel, by a twirl, as high as their waists. Our people will our city they i This is one bear @ pretty twirl; but even in are bardly geet for one quite so higl view only to illustrate the point that there is an en- tire abrence of such a kind of public opinion as pro- duces restraint. As to matters of taste, elegance, manners, &e , there is a very powerful public oj inion, whieh crushes these who do not conform to it, and a icule that is excessively sev! But this latter foundation for a republic, nor for self- oa as this ‘® publl opinion is requisite, & just moral sen time is required for a nati to Seater from the moral diseases w! monarchies engender. OBSERVE Pants, Sept. 7, 1948, Gen Cavaignac's Speech—The New Constitution— at. 0. Borrot— Gen. Lamoriciere appointed Commander of the Ittian Army—Lowis Napoleon Bonaparte. ber of that body,tor gives him an | feted, tnd ‘the ‘breal TWO CENTS. endancy over oven the minds of his adverraries, The men of the old dynasties had attack- ed the presmble of the constitution, and prepared ty substitute therefor, “in presence of Grd, and in tho namo of the French people, the National Assombiy decree,” &e, Ko. In the midst of his address, he said. “on acalomnié cette revolution” and againin defsnding himeelf against the charge of favoring socialism, b: anid :— Oui,j"odore la propriété (Prolonged agitation.) Je le répéte, j'adore (a propriété, non comme mobile, comme reservoir de toutes jouissances. comme salaire du travail, comme accessibilite ¢ la société; mais comme principe divin, comme une loi de Dieu, comme type constitutif de fa nature humaine" 1 love to quote | fome of those passages in tho original, as they fell from the lips of this inspired orator; because they lose | their ‘beauty and foree in any translation which 1 can give them. All efforts to destroy the effeot of this man’s speoch upon the Assembly, wore | made in vain. ('p to that moment there had beem an increasing prospect, that the preamble reported by the Commission would be stricken out but the vote shows 225 to 405 for the amendment: and all others offered shared the rane fate; though, it ap- peara to me, that M. Boussl proposed one which om. raced thé same ideas, and in «form much more neat, ‘precise, and clear; and there was great agitation when She President pronounced it lost. { quote it “In presence of God, and in the namo of the Frenole peeple, the National’ Assembly proclaim and de- creo “ Birst—France is constituted into a republia,| “ Second—The French republic is democratic, ony and fadivisible, “ Third—It for its dogma, Liberty, Equality, and Fraternity; for {ls base, the sovereignty of the people ; for its object, the well being, morality, and union ‘of the oitizens, the protection of porsons, family, labor, and property; for its means, edu- cation, justice, order, and the force of law.” T have read none #9 neat and conaise as thi, under favorable circumstances, my impreasion it would have displaced the existing preamble, Som of the press of yesterday, announce, as a new and? novel idea, that’ M. Thiers was to be a candidate for the Presideney, | think, that if they had read my letters, they would have discovered that fact more than three months age; his every movement has been dircoted to that end, and at this time he would have a most formidable perty, but for Gene- Tal Cavaignao; and as it is, he will have, with « very little more separation of the Club Poitien, from the administration. The Press? of to-day, announces that Mr, O. Barrot, as chief of aboat twenty-five fol- lowers of the “ancient left,”’ is to take the first oc- casion toannounce to the oseembly, and to Franoe, his formal adhesion to the republic. Ono would think it wastime. Whether this position is to give support to the administration, or to put himeelf tn a position to throw off the susploion now resting upon im, aud thereby to Sight the administration the more effectively, time only can determine, Gen, Lamori- cicre is said to have brought this about. The new committee of onquiry upon the acts and connexions of the monarchists with the ineurrections of Jaue, are said to be in a condition to make their roport next week; that they have met with no dificultyin finding the imost ample materials, and the most abundant evidence. to rhow a very active co-cperation of the monarcbists in the rebellion, I have remarked before upon the extraordinary fact, that a committee should undertake to deny a fact 40 notorious to every man in Paris at the time; it robs the report of most of the force which would otherwise uttach to it, becauss no one feels any security in the truth and jus- tice of the examinations. The Presse of yesterday anncunced that General Lamorociére had been appointed Commander in-Chief of the Italian army but I do not see it confirmed to-day, and I coubt th truth ofit. Mcasures are not ripe for that yet, if ever it takes place, Between Generals Cavaignac and La- morociere there is great intimacy, of course; and probably the latter might be more agreeable to the for- mer than General Bugeaud, who isa decided monatch- ist, and less popular in France than the captor of Ab- del-Kadir ; but the hour has not yet arrived for ord ing an army across the mountuins, but it looks it wasrapldly approaching. ‘The tory press in En lend is exerting all its influence to prevent Aust from accepting the mediation, and what inituence that may have upon the Austrian councils is yet unser- ain. Louis to Parl R nd, poleon Bonaparte has just written a letter announcing that he will accept the office of entative. Since he has given evide: neath tis aamusmnorreunieue nce eee trigue In procuring his former election, { presume ha will be elected in some of the departments ; but per- haps he will not, in Paris, His mortal enemies, the old Exeeutize, being overthrown. he feels induerd to come to Paris. 1 hope Gen, Cavaignac will treat him well, It isexpected that the constitution will be adopt- ed in the month of October—that then the Asaembly will take a short recess, and return anil sit out the winter, to enact the laws. OBSERVER. Pants, Sept. 7, 1947. The Bourse and Money Market The operations of the settlement for Augast, affect- ed, as have been the quotations during the month, by the eventualities of » pacific mediation, or an armed intervention in Italy, have occasioned much activity and animation at the Bourse during the past week. ‘As | informed you in my last despatch, the rise con- tinued until Tucsday, but from that day until the end ofthe month a fall declared itselfand was continued un- tilSaturday at ‘the settlement, whena decided advance manifested itrelf. The slow progress of the mediation in Italy, the hesitation of Austria, the insignificance of the results as yet obtained, the fear that the French government would find itself compelled to interfere by arms in the peninsula war; were the principal, but, not the only reasons for the fall, which amounted to three francs in the fives, and two franes on the threes. It must in part beattributed to the diminution of dis- counts on stock ; to the measures taken by the brokers to postpone the settlement of the differences of Mon day week; to the final settlement for the month, and also,to that eettlement itself, which coming on the heels of along continuation of rise, would of necessity, lend tosales to realize profits, From the state of the funds, and the differences in price, which have for some time existed between the cash price and the price for the settling it is evident that there are two opposing forces at the Bourse—those of capital and speculation. The capitalists, sure of being able to wait the course of events, do not hesitate to buy, because, at present prices, stock yields nearly 3 per cent. ; the speculators, on the contrary, obliged to take advantage of the circumstances of the moment, make a bold push for a full endeavor to profit by the chances of the Italian question, reserving to them- selves, on the first favorable news. the re-purchase of stock sold, with all the promptitude that marks opera- 8 for time. We may venture to predict, that ua- 1 me very unforeseen circumstances should occur- the capitalists will compel the speculators to succumb and that ultima’ amelioration of public credit will ensue from this unequal and, certainly, temporary ‘The price of the loan approaches that of the but without acti ly reaching it. At this time the discounts on stock, and the state of credit in the market, prevent fee ene srom bringing to their real relative value the old fivesand the loan. Rail- ways have been pretty firm during the week; but the holders are somewhat alarmed, and the public not much disposed to invest in this description of security, from a conviction that sooner or later the government will take them all into their own hands. The last weekly balance sheet of the Bank ex- hibits much improvement. There is an inorease of nearly ten millions of bullion, and ual decrease of the amount of protested ~ ae Lira oe to bo ey: rod lon of partially resuming cash payments, by paying one-half of the sums receivable at the bank in oash, In other respects, there is little worthy of observation. There is no revival of trade of any moment as yet, the only sales of any extent thet have been made havi some silks from Lyons and St. Etienne, under a grant of bounties by the govermm that branch of trade. nd although confide: ‘y 2 some sort restore’ the conviction that all is not yet Spprehension of some new and for- justified by the attitude of the go- m of the state of siege, midable out! vernment, and the continua’ still paralyze all business. On Wedn , the apeeeh of the Queen of Eng- land, on proroguing the Parliament, was published at the bourse; and its pacific tendency, aud the h held out in it of a settlement of the Italian question without war, produced a very favorable impression. ‘This was turther increased by a report that offers had been received from England, from some highly ini ential houses, of a loan to France. and to take all the shares of the Lyons Railway that should be abandon. ed by the shareholders. News was at the same time rpread that there had been an offlolal acceptanoe by Austria of the Anglo Brome? mediation; but this was nerally believed, ™ ote iollowing 1s the state of the market for the week: er Cts. 6 Per Ct, 9 Per Ct, Treasury Bank gabon toa.” Bonde.” Share. 0 7 . "” ong ~ RD Ftd « 1660 “ae apo mw (16 “he Ro — 160 «6 Bs wig 16 © Tee 2 25 ES Me ed The English view of the ‘Territorial Aggran- dizement of the United States, Vancouver's Island. ‘ {From the aoe aeee Sent. 8) fa oa The policy pursued by the governas 5 ted Staves wie regard to the territorial oe te is particularly deserving of attention. ia, in her vital through the middle of the last century, wi ot more desperately bent upon consolidation aad enlargement than is America at present ; and a state which still retains in its original possessions sufficient unoccupied land to maintain double the amount of its Tatton is impressing into its service all the expe- dients of annexation, conquest nd purchase, with a4 much determination and energy as it were actual; gasping in those extremities of political existence whic necessitated the seizure of Silesia, and almost palliated the first partit of Poland. This policy may be, per- haps, to some extent, the manifestation of that high national pu ‘occasionally procla' tesmen, of reducing t] Yesterday was great day for Lamartine; he made oneot those extraordimary efforts, before the Assem- bly, which no man in France can imitate, and which tin nt under their rule upon the faith and sancti iptural donatons ; or it may be simply the naturai development of smbition and eotivity, fam ‘thriving,