The New York Herald Newspaper, September 13, 1854, Page 2

Qa, W'sh this riew, Prince t # reported to Lave said ai Vienna, that he did apt coi dar these conditions as unacentadte ax ther seemed and that le thought, with one or two limitations, tue Emperor might be induced © eateraia them We all know what ‘his laoguege means. Provides Rusix can gain time and suspend the action of that hostila forse whos: srssuce is begipning to de felt oa the wida cic. Comire ces of het dominions she wit avail herself of ca of diplomatic intercoars®, aud of the arbi cess of diplomatic language, to escape from sand isolated position But it is no leas @1- ee at the true character and effect of these propo- gitions eLould be clearly uncers‘ood by the aflied courts, i by the public throughout Europe, for we cance n- ceive nothing more mischievous than that the eneay should be enabled to take advantage of any means of cape at the very time whea we ray reasor reduce bien to complete rubmissiog Tat ua, in the first place, consider the articles them selves ia the sense which they must obviously bear, in order to give full effect to the intentions of the British ci Freach governments. By the ‘act of war between Busaia aod Turkey the former treaties between those Powers sre already abrogated, and the first »roposiiion ia, that the protectorate of Russia over the Principalities should in no case be restored, but that the privilezes granted by the Sultan to thore Provinces should be placed urder the collective guarantee of the Powers, by means of an srrangerneut to be nereafter concluded The Porte, os? be obserred, hes already proclaimed ite ‘tSsolction to maintain an! respect the privileges of the jertschakoff (the minister) Provinces be acta wholly distiact from the Russian trea ties. ‘Those privilegea confer on them an indeosndent ernment by Christian princes, subject only “cra by the Sultan, and to an annual Provincial The cbject of the Died Powers will naturally chen these governments, to mske them the ¢ Ottemin empire towards the north, 2 hitherto been desenden* on her will ‘The secoao article provides for the linerty of the oarigation of the Danube. under those general princi- ples which were laid down by the 16th act of the Con esd of Vier aa: but this object woulc certainly not be accompifshed without the abrogation of the 3darticle of the treaty of Adriarople, by which Russis acquired the whole of the islancs forming the éelts ef the river. leaving ‘he Tu:kish frontier to commence on the right Dank of *he southero branch (thatof St George,) which is not navigable for ships. The allie¢ fore in pessevaion, we believe, of the island of Moische, on which the Sulina batreries were built. The island of Jeti ought also to te cleared of the enewy, and the free vigation of the several channels of the river ia ively requires that the intermediste territory should be @bandon d by Nussia. ter former engagement not to qxect any estublishment or fortifica’ion there hsving | deen grocaiy ted. ‘The impo: co of this question would, however, be @iminisied, and the navigation of the Danube greatly iw- groves by the construction of a ship canal from Teher- veda te Koatendje through the Tarkish territory. This , i4 9 meagure we have frequently advocated on commer cial grounds, but it would likewise be of the utmost pe litical and military icportance as a barrier against in- vasion and st ought to heve the positive sanction of Eu- rope in any treaty which is to settle this question. The third proposition ia that of a revision of the Con vention of the Straits, ia the sense, as M Drouyn de Lbays acd Lord Clarendon sta’ed in their despatches, of interert of the equilibrium of Kurope? We presume the same thing is meant, th ugh the latter exprossion | ig more cbscure; for evident, upon the slightest consideration, that it caynot be intended to open the Dardazelies and the B sphorus to ships of war, and, ly, to give them « right of passing under the tantinople, without first taking care that on is not to be to tas advantage of Russia, by” to throw a powerfut flect into the Mediter blockade the Sulisn In his own palace. Ia Russia has the naval force she now pos- esses in Sebastopol and the Blac ra can exist, except as long as the other maritime ‘owers beep a powerful squatron in those waters. The usaian deet isa weapon constantly hanging over the Sultan's lead, Itis needed, and can be used, for no R ether purpose than to threaten, Constantinople, to | ¢ 8 blow at Trebizond or Sinope*or to blockade the Circaas:an coast. It is a permanent menace to the weak, Dut, a5 wo have seen, useless for purposes of maritime defence sgainst an equal force of foreign ships. And we are more than ever convinced that, before the true meaning and effect of the allied Powers can be given te this third proposition, they must be well assured that the ficet prepared and used by Rassia for these purpose has ceased to exist in her harbors. Sebastopol and this fleet are not to be reduced by negotiation, and “the Limitation of the naval power of Sea,’ or what the Austrians call “the equilibrium of Europe,’’ is to be accomplished only by the destruction of the material conditions on which that Power rests. Would aay court in Europe now be satisfied with a mere treaty engagement of the Emperor of Kussia not to ob- atroct the navigation of the Danube, and not to use his mavai forces against the Ottoman empire? Such a treaty woula not. as Lord Lyndhurst powerfully said, be worth the pao‘ on which it is written; and the allicd Powers have accompli nothing until they have seoured mater'ai guarantees for the fulilment of all the con- ditions (hey have thought it necessary to Bemana. Whea these securities are obtained, the last proposi- tion, which relates to the Christian protectorate, may fairly tecome the subject of negotiation; for the point is one of a aegatire cl . sad, the tzeaties on which the Russiea claims were based having been abrogated, it will be sufficient to take care that no similar stipulations are over revived. From these observations on the general terms propose by the avied governments, it in evident that the tro moat important of them depend for their execut on on certain successful operations of war. Before we can exact of Russia the surrender of the mouths of the Danade, wo must have cleared them of her troops: before we can obtain her assent to the effective li ‘tion of her naval power in the Black Sea, the force of hostilities must have settled that question. For this Teasov, aithough it is possible that the vigorous and | successful couduct of the war may help the negotiation, it i cecta.a that the nogotistion cannot suspend the ©; tions of war. We wou'd expreas in the strongest and clearest lan- | gusge at our command that the belligeraot Powers— England, France, and Turkey—have never for one instant contemplated any suspension of arms against Russis as ‘the result of there propositions, and that the operatiozs ot the war bave in no degree been suspended or retarded by auy considerations connected with these or any other Trepositions. @a the contrary, if any effect crn here after be given to these or any similar terms, it will be mainly 13 the result of the blows we may hope to inflict oa thy Russian empire. that n: gotiation should in some form or other, be carriod on daring war, especially when war {i not universal, and | when there are States or rulers ambitious of the charac- ‘ter of mediatoraand peacemakers. Such schemes wil! probadiy bs launched in differept parta of the world uring the whole course of the present contest, in spite | of the ridica’ sad ill success whieh haves hitherto at tended them But tbat they should produce any serious effest Powers actustiy engaged in great military enterprises ap supposition, For the French and English go: meats to consent at this time to nr gotiate and to lay te theaword for the per—to lose the autumual season, and to consign their ficets and armies to inactivity when | they as7 be most useful—would be an act of suicidal folly. 1° there were any real prospect of negutlation, tus? would be an additions! reason to hasten our opera tions, hecauce covery success gaiced over the enemy in the fied toca with increased effect on hia resistance él we have taken Sebastopol we bave no right ome (hat the power of Russia in the Biack Sea is dat, whenever that great and necessare mogenn'a is accomplished, we may be disposed to ho that Ross: All yield to the irreparable blow, and acce; the com) itions arising out of the ulterior results of the wee THE POLICY OF RUSSIA—THE EXPEDITION 10 THE CRIMEA. ‘Trom the London Times, Aug. 20 } 7 of the elancestive allies and scret agants jaa government in Berlia acd in Brus-els, ot, receive their cue from St Petersburg f* contest between the three most to a epeody and tual sacrifices of hope, scarcely necessary soth.ng i the allied co ac the orgoas of ¢ ensy termination by a few mu conslstene and honor. It is, we tafies these misreprerentations; but Prussian Cabinet, more especinl! zeem to measure the resolution of other governmen‘s by | that of their own, snd it is desirable to remove the doubts which such assertions are calculated to excite ‘Thos the Zev! of the 384 of Au be exrected that hostilities w aceaptence by Russia of t! Westors Powers, and that it cannot be doubted that Eng land, which baa agreed to these conditions, will there- | Dy reaornce the feat of arms which she had projec;- 2 : We showed, last Saturday, that the results of the Operations of the allied fleets and armies on thé Danube ‘And ia the Crimea, are at least as essential to the resto tation of a lasting peace as the diplomatic astent o Baussia to the Notes of the 8th of August, for without those poritive results we should gain no material pi fer the fuldtment of see tea engagement ver, aod we si ould accept flimsy assuracce of a treach- erons adversary in om ag for the blood avd treasure of Fraces and England. it the very nature and char- agter of the Notes exchanged between Austria and the ‘Westera Courta have been ‘Those commonicatioes were not addressed io Russia at ali, 94 Cor aa France and are concerned. The belli ¢ Powers had, on the contrary, distinctly re- fi ‘to allow any overture to be made to Kusrin iu their ueme, ¥Lea 8 proposal to that effect wes made io them by the Gorman courts, The notes were addressed, not to Rusia, bat to Austria, and they vere inteuded to ex- ‘press she minimum of conditions with which Austr as weil as the teliigerent States, might be satisfied, | them as entirely indepen ‘ent of Rassia as | are already | imitation of the power of Russia in the Black -ea, or, | the notes subsequently exchanged have it, ‘in’ the | Seano freedom of taat | ‘ussia in the Black | Nothing is more common than | and deceive the public by continual rumors | ef negotiations and of peace, and to treat this great | ful erevires of | the world as much ado about nothing. to be brought | to repeat ‘that | the conduct or the known intentions of | asrerts thet “it may | sbortly cease upon the | the conditions cf Austria and the | | Onr readers will Cepreciate them. Ther have their ori- | atd the objects in which she conourred. But even Acstria ai at te the rght of deliberating on the ulterior Hiova of peace, which must, of course, depead upon the fortune of arms and the result of the cam- ‘The very form of the docuinent, which is pecu- denotes this reservation ; for although it states that tn the opinion of the Three Powers no negotiation can aniesa the four principles contained therein are admiived by Russia, it does not diiermine or limit the extent to which those prinet ples are to be applied, or & sesuritios to be taken for their strict execution. ore cate a to be Sanat net b pn he megotiation a8 i and naval power, and althov; the allied qomamasute tave stated t<.0 objects for which they art coatending, the suocess of their arms can alone demonstrate the ulterior terms oa which those objects in the event of her taking Ts be seoured. oni, therefore, a radical misrepreentation of our nition to assert that Evgland and J are to renounce owas way errany oct gt] peenl propositions, It is not for the nesailant terms "to wacdot the attack he is the war, she reserved to her- | parison of dates is sufficient to demonstrate th» ab surdity af such a supposition, Tu» notes wh were exchanged at Vienna on the 8th of for warded to St. Petersburg by Austria, ‘the Western Powers, but to ioform the Petersburg of the view taken by the Eaveror Francis Joseph of the state of affairs and to bring his owa sno malous relations with Russia to a definite issue They arrived at St. Petersburg on (he 16th; a further note on the same subject from Berlia was dispatched several days later. No answer has yet been received, nor wasit expected that any answer would be reovivet til the ba- ginning of Septemter It is not improbable tuatthe Rus- sian Cabinet may deal with such & communication as it dil with the final notes of Francs and Kogland betore the declaration of war, and send no suswer at all Io that case, Count Esterhazy is said to have orders to withdraw from St. Petersburg. But. in the meastime, what is the state of things at the seat of war? Tae day fixed for the departure of the expedition to the Crimea was originally the 16th of Angust, because it was caloa- lated that by that time the French siege traia would have arrived, and the flotilla of boats built in the Tursish accevals, for landing thegans and troops, would be com- leted. They were so far completed on thit day as to te sent to Varua, and, altbergt the Sresoh heavy guns bad not entered the Dardanelles, they were known. to be cn their way. The whole force by lan i and sea was on the tiptoe expectation, and, although we cannot speab with positive certaiaty on am event occurring a’ 80 great a distance, which has 80 often bafiled the expecta- tions of the public, we ven'ure toaffirm that. in all humaa probability, at the very time when these diplomatic com- munications had just reached st Petersburg, and be fore apy answer whatever had been given t> then by the Russian Cabinet, the allied armament hai sailed, or was sailing, from Vorn: the coast of the Crimea. Whatever may be the causes which have somewhat | retarded that expedition, thay are wholly independent of any diplomatic motive or intention, and will herea‘ter be found to arite exclusively from circums'ances of mili- tary administration and military precautions. It is ob- | vious that avery ms in that ‘mighty host, from the commanders-in chief down to the deammer boys, must have been eager and impatient to en i enterprise, and to escape from a po: army Was depressed by inactivity and affeted with dis- ease But those on whom the chief responsibility of directing the movewents and operations of such a force rested, doubtless felt that success muialy depended on the complete efficiency of the whle expedition. ‘They are about to invade # country scarcely known even to our travellers. They will have to encoun‘er nu enemy whcee strength is very imperfectly ascertaiaed, and whore military capacity must not entirely be judged of by bis recent disasters. They have to crass a consider- able portion of s hazardous sea, in numbers far exceeding the moxt numerous maritime expedition ever | attempted before, for we apprebend thit from | 60,000 to 70,000 men will almost simul‘ancously | | embark, with artillery, cavalry, atores, und food, ready for the field. They bave then to dofost an | army, and to take one of the strongest maritime ‘orteess- | | es ip the world. We are we'll aware of the tremendous magnitude of such am uncertaking, which we bave the more earnestly recommended because wo think it an ex- | ploit worthy of the alliance of the two greatest nations | | of the world against a third which is their rival in mili { tary power. But when wa learn, as we trast thot we scon shall learn, that this prodigious expert- | ment has been successfully begun, aud may be carried are Jong to @ triumphant tarmination— that the blow which the enemy has most reason to dread 8 been struck, and that the natural obstacles, which are the chief defeote of his territories, are over | come—the period of time which has avpeared to be speat in tedi ivi MN be remem bere? fy for tha i io it, and the world will find that | Evgland was not, as the Berlin courtiers sup ose, about | to renounce an exploit so glorious to her arm-, but that, in cloce and active alliance with her cow-ade in war, she b had collected all her energies to render this combined attack of the Western Powers irresistible THE POLICY OF RUSSIA IN THE EAST. [From the Journal de St Petersbourg. | | The Journal des Débats of the 10th of August gives a | | malevolent ard erroneous account of the operations of | our armies since the commencement of the war. It may be agreable for the organs of the press of the West | to satisfy their self-love by representing the present | position of our troops as aifording eviiencezot a chock | upon the policy of Russia and upon the prestige of her , military recown. This is the way to deceive public | opinion respecting the slender result obtained from a | display of force so gigantic and so onerous by tho two Powers in alliance with Turkey, and particularly to ex tenuate that which reflects so little honor upon them in | the expl ‘0 which they have hitherto confined them- selves, of attacking towns without defence, aad inoffen- sive commercial vessels. | It is too easily forgotien, however, that the govern- menta of France and ['rgland pomsously announced their intention to cooquer and to dismember ussia, although | the latter power did not seek the unjust war now carried on against her, and for which she was not prepared. However, those who from the commen:ement have | sought to mierepresent the intentions of the Imperial government, to calumniate its acts, and to represent it as animated with ambitious views and ileas of invasion, now naturally endeavor te reconcile the facts with their | malevolent suppositions. But Russia cancot consent to consider as a check the non-success of inteutions as- | cribed to her, but which ahe never entertained. With a | little more good faith in their opinions, the organs of the foreign press might be easily convined that if the | Imperial government occupied the Principalitics, it was | with the sole intention to o>tain temporarily a terial | guarantee for the reparation of wrongs which it had the right to demand from the Sultan, and which it vainly sought to cbtain by means of amicable negotiations. Assurecly it was not with the 60,000 men, which form- ed an army of occupation, that the conquest of Turkey | could be effected, and, if any impartiality cou!d bo ox pected on the part of the press, the insufticiency of the military force employed by Ruseia under these grave cir- cumstaneca would prove, better than assurances, the moderation and the sincerity of the intentions of the my 1 government. inferiority which our adversaries detight to attri bute to us on the Danube, affords a farther proof of those intentions; for, if our troops remained during more than eight movths in a defersive ttitude, which consti- ie engagements it had made with FE rope. Inthis respective | pega of the two belligerent armies, with their numerical superiority and tie support of theic numerous fortresses, tho Tarks must neceasaril; have had superior numbers stationed upon points of this vast extent of territory. But, wit fusing to our encmies the justice which is due to them, ve believe that every impartial soldier will acknowledge that they have not been able to avail themtelves of this adventage, ond th t if the results, negative at least, of their pretended victories, prove any thing, it is the intra- | pidity and he: oic perseverance exhibited by our soldiers, which have from the most distant {imes formed the glory of the Russian arms. We will not ‘discuss the various plans of campaign | which have beer complacently attributed to us, that the pleasure might aiterwards be enjored of proving their went of auccess. Amorg the number is the project of exciting to revolt the population of Servia und other hriatian provinces of Turkey; and the Jorzno! des Dé tovs does not exp'ain the reaton why Russia did not put into operation the zeans she bsd at her disposal to ef- feet that object. This cool astonishment c-nuot surprise us on the part of the ‘ex of the West, for whom Re i litical revolutions axe a familiar weapon, and who, be- sides. bave not blushed at defending the canguinary re- | prisals made by Mussulman fanaticism upon the Christiaa | | subjects ef the Sutan. We believe that it is mot necessary for the imperial gover: ment to justify itwelffornot haviag desied to ex- pote thoas un ‘ortunate countries to the horrors of a war of extermination. As to the recent movements effected by our troops _t! Journal des Dedats wud its cotem, les of the We would fein persuade their credulous readers, ag well as their Mussuiman allies, that they :wera caused not only by the energetic attitude of the Tdrks, but particu'atly the appearance of the Anglo-French troops upon the tre of the war. We cannot, however, ie:ve themin the enjoyment of this illusion. ‘The iwperial government had aright to expect that the moderatioa of its acts and the goad faith of its inten. tions would be appreciated by the cabiset of Vienne. It was with this persuasion that it bas acted trom the com. mencement of the present crisis. The attitude lately | orsumed by Austria, by rendering untenadlo for our armies a position which they had teken with confidence, forecd them to adopt a movement of con- | centration, which they have just oxecnted, aud, now that they have returned to our texitory, thé Austrian govervmcint, fire from all previous views, is no doubt in a condition to canse to be respected by the all’es of the | | Sultan the privoisies of the independence of Turkey and | the integrity of (he Ottoman empire laid down by Pim conference of Vienna. At all events, in executing ‘ movement, the com msnder in-chief, Prince Gortechakoff, need every endeavor to deprive it of the character which it is now songlt to ascribe to by be Sie J it unde: the eyes of the « cemy with the requistte eas and Cignity. He evea semeined a long tine before Bucharest, | infect of the Turkish army, is the Lope that Ome! Pacha would gi im battle, and it was not funtil hy | found himself deceived in (that hope that -he decide! | upon continuing his march. He therefore must not be Uiamed if, in spite of their bellfcuse impatience, the al- Kes of tle Turks remained on the other side of the Danube. ; We will not enter fu rt into the examination of the aseeriicns contéincd in tia article to which we allude. gin those sentiments of reckless batred and malevolence already expored by us, which bave been manifested from the commencement of the present crisia in the cele. | brated speeches made in Parle and in London, in which, | accoriing to the neceesity of the argament or the e: gencies of the moment, Russia waa represented at one time as menacing the north and the south, always ready to invade Pure pean ci ticn, acd at another as desti- tute of ail :es) power, and as buying at the ntmost only sufficient strength for a timid defence. Such assertions irfute themselves If any conclusion can bo drawn from them, it ia that Posria bas remained, as ever, faithful to the principles of coaserta:!sm, moderation, and wisdom: which form the basis of her policy, She will not depart frow them, and coafident in the Di protection and in the energetic devotion of her childsen, she will await with calmness the segressions with which she ts me- nace’, but which, perhaps, nnounce| with too vouch ; omp to justify any serious alarm, NAVAL OPERATIONS [IN THE WHITE 5 ‘The Marquis of Clanzicarde has addreseed the follow! Jetter to « Lonton contemporary: — Sin—I beg leave to cond you the enclored extracts of a letcer I have just received irom a person on hoard one of our ships in the White Sea. Perhaps you will agree with we in thiot ing them of public interest We have been teld that Weckades were to ve etal lished in the Whit onthe tet of Aug ihis may | have been Con eure n port, and | * notification of effective blockade, | havea right to free egrees Cons eneh a blockade will be or sian trade for this year, You wil! observe tho muml¢r of Tutch vessels men- ticnod by my correspordent. I meyer conla get in Par liowent any expiavation of the intimation which, de | niably, wae given to the merebante of Holland, chet their commerce with Archangel abowld ro! be Interfered wiih whit i information the conree dete aijed governments wa s.aMon at their cargoes, it ix ob: oe as regards Rus: | ‘ (enti | and our government. i, ; Was draw! } opt ns Allow me to take this opporturity of calling at ion (o the cone!uc ra! Po fed gp the government Sth inst, which you Isteiy sustria therein “eserves to herself {r-¢ de She thus holds, as far as her force may en to hold, the fate of the war, cr tbe terms of pesc: her hands. And she preelaias she is “free” hi real aod proad triumph for Austrian diplomacy by Soe? of the Austrian empire was ia the hands of the allies afew montha ago. We mule great saccifices to preserve and shield from danger on e'ther side thut empire. These sacrifices may have been wise, but the result of our negotiations appears as yet far from satis factory, and ill accords with the boasts aud the predic tions, if not promises, uttered in Parlia ment. I have the honor to be, sir, your obedient servan*, Portuimna, Aug. 26. CL ANRICARDE Orr Cross Ia.anp, in Tar Ware Sea, July, 1654. T must ay ise to you for addressing you without having first ob! i your permission to do so; but there is such thorough trafh ia your late remarks on the way in which tho war is being conducted in this quariar, that I cannot resist ths temptation of telling you how exactly the state of the case tallies with your desaription of it We arrived off the bar of the Archangel or Dwi River, with the three ships, on the 26th of June, having boarded an immense quantity of vessels, priasipsliy Duteb, on our way down the White Sea. Within thirtr- six hours of our anchoring it came on to blow very heavily from the northwest, which ia a fair wind for vessels boundin = They came in in shoals—not less thaa from 300 to 350 vessels, of which the majurity were Dutch, having passed us betwoon the 26¢h o° Jnne and the 3a of July, when the wind changed During this period it blew so bard a gale that our boats were oceasiovally prevented from boarding, and, xs it was, they were knocked to pleces almost, aud alto no purpose, fpr the vessels were all, exception of one Yaukee, ia bal- with the last; andus we have orders not to blockade, we could not interfere with them. Ta anticipation of a blockade, many of them bad obtained numerous freights, and the ss- tonishment of the Yankee was great when Le was told that be was at perfect liberty ko proeses. All these craft are row at Archangel, and the first rash has evidently ided, though whenever we csn see, which is not often the case, others are seen running down ithout a blockade of Archangel our presence ia this sea is next to uselees. The quantity of grain, mel, flour, &e.. which will be exported thense this year. will be positively enormous, and a stoppage of it would be felt in the hesrt of the empire. You have no idea cf the extent of thia traffic; no one can who has xot wit- neseed ite effects. From far and near, withina circuit of Archavgel, the produce of the country is sent in; tances, eith what ablow would be struck at er in bills or in specie, to pay for it, just fancy Russian comaeree by a st ict blockade, and what a quantity of money would be removed from circulation. We have taken ore schooner and abcut haifa do lugvers since oar arxival, ard another schooner (emp's parted from her anchors, and drove over the birin the height of the gale, afte’ we had put a couple of 32. shot through her,’ got a boat's crew on board, who luckily escaped to a nontral vessel just as sho went adrift, Perhaps you are not. aware of another arranzo- ment which has been entered into between the swedish Itfs that the Ruasian luggors trading between Archangel and the coast of Norweg a Finmark are not to be molested, because upon t habitan‘s of that desolate region depend enti:ely for supplies of food. i proper were it not so liable to abuse. We fell io with a fleet of three, the other day, one and all consigued to our consul at Hammerfest, who, with the consular agents at Verdo, Hune, and Vatose, seem to have the wh»le of that ti in their hands; and the schooner of 120 tons which we took was provided with a sort of pags from the Norwegian consul at Arcbangel. . ‘You may depend upon it that the only effect of the war in this quarter has been prejudicial to ourselves, | by Pigcing the entire trade in the hands of the Danes, Duteh apd Hanoverians; and I fervently hope that, should the war last over te year, as seems most likely, you and your party will force our goverament to adopt $ citengat line of conduct, For this year the mischief lone, The very moment that the gale broke, which was on the 3d of July, we went to work to try and get the steam- ers over the bar of the Dwina, inside which lsy a sixteen gun Russian brig, two steamers, two schooners, and niue- as the craft which embark it bring remit- | Now, this fe humane, and would be | against her ministers aod ber nearest relatives, with the teen gunboats, each mounting two long thirty-six pound- | ers, abd Pulling forty sweeps. We sounded the only two channels, which we now used, but found only from four- teen to fourteen and a half feet in the deepest. This oc. cupfed us all the 4th and 5th of July, and then, as th Mirandi, the vessel of the lightest ae amore us, ing fourteen feet eleven 8, we fonod that for the pes the jo> was impracticable. On the night of the 6th the Brisk took the Eary- dice and the prize schooner in tow, and brought them up here to an anc! about seventy miles from the Dwina,admirably situated for blockading, as a'l vessels bound to Archangel make Cross Ialand to ascertain their position, We anchored here on the 7th, and the next morning the Eurydice sont two of her boats ashore on the mainland to water. That afternoon it came on to blow again from the northward; the boats tried to get off; one of them juet pitebed Lee apes f closa to the stera of the Brisk for her to veer aamal Sa with 5H to her, by which she heuled her up; bat God knows whet ‘bas become of the other. The last seen of her was the next morning, at 4A. M., when she was. trying to beat up slongshore. The schooner and one of the boats were sent to assistance, but one of those cursed iy cams op, and since Sunday, the 9th, we have only had half an hour ey which one could see the ship’s length, and during which the schocner and boat cume in, having been twenty milea to leeward, without secing any taing of the missing pinnace. They had two days provisions with them—but after that ! If it were uot for thie mrst unhappy affair, thing: would be going pretty straight with us, for we have picked up « cotfier which was sent to us f om England, and are covsequently xeassured about not getting out of coals, e * * * & & * At a place callpd Liuslie, half way to Archangel, stands the strong fort of Nayjorin, mounting eighty’ guos o heayy mete}, and only one vessel could spereest, it time; beyond that, nf Solembol, where the dockyard is, they have thrown up strong battcries and agaiu at Arch- angelitseif. The garrison consists of 6,000 men, and they haye the means of turning ont as miny gunbosts as they plet ae on the stocks at present, and no vessels of war have left the river this vear. . We bad a little firing on the 4th of July, having bronghf seme horse artillery guns % boats, which were soun‘ing No dama them, although their practice was g2 markably quick. they have a telegraph jouse, abr persist in working iton the day we tried to get in, until the enemy bear onour was done b and firing re- ‘the Miranda, which was the closest in, put a 32 pound | fited so mate: shot through the first floor, at a distance of 2,700 yards. Our men are pretty healthy, although they have been en- tively on salt meat since leaving the Downs. The wea- theris terribly against us; what with gales of wind, thick fogs, and strong currents, we have enough to do t | take care of ourselves. THE TURKS IN WALLACHIA. The General.in Chief of the Ottoman army has ad- dressed the following clamation to the Wallachians: I have been informed that some of the inhabitants of Wallachia have left, or wish to leave, their country, from the feur of being persecuted by’ the imperial gu- verpment for services rendered or sympathy m :nifest- ed to the Russian troops and authori Temb:ace th’s opportunity of declaring that the go- ve:nment of our au master the Padishah is persuad ed that these acts tok place under the pressure arising from the presence of an armed force, I wirh fo believe that the inhabitants esteem too high- 4 the rights of their country, their nationality, and oir manners and customs, to throw themeeives by con pad and by free will into the arms of @ foreign country. Tam happy at being able to declare that the Imperial government grants ita clemency und holds out complete | { | justice, but pte and | Fat | the imtthe form of opposiiion aad disuciom ic Espartero's owa cabinet, where the incompatecility of the combined more and wore What thee wsarc me; be learned from the declarstiog published ‘Circle of the Union,” an jog ¢ ym mlt- tee over which Espart:ro himself has consented +o roid 6. ba inta required of the pre at ge ge ae by this club are a fandemertal law organizing ai) public fuac- tions on the principle of the soversigaty of the people al suffroge; tue complete decentralization td te enc! province and township; financial reform, end the estab- lisbment of on+ sole tax; the abolition of the military conseristion and tha reform of the army; tae uuiversai arming of tue people, whose chiefs a: tc be officers of the government; and the amelioration of the condition of the working classes. The olud fusther pledges its members to hai cd een Mother to trial before the Cortes for the whioh eheis accused, and inthe ower wd to suspenc ber pension and to sequestrate her property Can apything be more ex! than the posi- tion of » minister whose po aay cig her thet ¢ the Queen herselt has no choice but to submit to it, but who connects his policy and his name with the loose and extravagept demands of such an association aa this’ ‘What would tecome of Spain, or, indeed, of auy other country, with a people universaliy armed and led by self- elected chiefs? What would be effects om that coun- try of the further relaxtion of the tic, already so weak, between the provinces and the central authority? Al- ready Malaga, Cadiz, and Algesiras, have assumed a sort of independence, and bave tase measurer, on the authority of their respective juntas, which infringe on the legislative power of the kingdom. Catalonia, on the contrary, follows, as usual, an opporile policy, and at apy moment an outbreak may take place of the populace of Barcelona or in the garrieon, like that which has already been subdued by the energy of General Corcha, who, however, resigned the government of the province after that short experiment. The meaning of this lai je and of these occurrences is either that the government is without the power of resisting the ex travegant and ineonsistect demands of the popular leaders, or that, ifany such power exists, Espartero is not the man to use it, He finds it, im short, easier to govers by concessions, even whe ich concessions in- volve the most formidable difficuities hereafter Under any circumstances, aud unter the best and most firmly established laws, the trisl of a of the rank of the Queen mother of Spain would be a dif- ficult and capgerous measure. Not, indeed, that the position which Queen Christina’ has filled in Spoin can in any degree extenuate her offences, or ought in strict justice to relieve hor from the pen: | alty attached to'them. That pena:ty must in any | case be severo, for it ineInces, of course, the loss of her station, eaile from the country, and even the sequestra- tion of The piaperty, which has been so rapaciouely ac- | quired. All these measures might at once have been | taken by the authority of the | comer without any | excess of power, or violation of justice. But to clothe | theee proceedings with the forms of a political im- | | | peachment, in which the Cortes, elected under the strong excitement of a revolutionary crisis, is to be at once the accuser end the judgé, is s most peri. | lous expedient. It is a mockery to call such a pro- | ceeding judicial, when every motive connected with | it is political. The passions of the people, already | powerfully roused agaiast this Princess, whom they regard as ihe prime mover of all the excesses of the court, would be inflamed to fury by the’ cis. | closure of past offences, which have been more or less tolerated and connived at b every successive govern. | ment of Spain. Such an investigation would be the trial, not only o person, but of a reign; and is it possible to imagin at Irabella can maintain her position on | the throne while charges of such a character were made consent of those ¥ ho now profess to-govern the country in her mame? If there was not honesty enough in Spain to prevent those scandalous abuses, tuere is not honesty enough to bring those who committed them to a fair, trial. The proper name of such a prosecution is not r py eaeee incited the { people to demai Buel pr must be ectly aware that the monarchy itself would under the sentence There have been in. stances, mexorable to all time, of monarchs tried and condemned by their subjects; but before those great acts of popular injustice were committed the ancient laws monarchical institutions of England and of France had been overthrown, and the crown itself was arraigned in the person of the sovereign. The parties who Icok upon the establishment of constitutional gov erument in Spain as one long violation of the principles of Jegitimecy, and those who are hastening on the disco- lution of monarchy and the eatal t of a rej are equally ready wait themselves.of such a catastro- | phe. But, if th ‘tremes are to be avoided, the wiser | and more practical course would be to efface the memory of the tity past by real pot ahaha for the future; to estal on a constitutional basis a government which might command resy at home and abroad, and to as- at firm and nesessary authority | sertand exercise which has been ‘ong so degraded, and is now so lamenta- bly overthrown. Trade of France, (Paris (Aug. 28) Correspondence of the London Times.) The exzort trade of Paris experienced duriog the week | 872: & warked improvement. Considerable orders reached from the Brazils, and other parts of Soath | Chili and Caraccas. The last a3- merica state that the French with which {ne market of New York was of late over- Btocked were nearly exhausted, and some orders ae also received from cog epg Barring de A go & conai merchandise was smuggled into the country. The fall | in Party althoogir the supply is very cual those inse | thovg! su) very small, ti isan irresistible downward "The new wheat is | te to and will toon a1 | Paris In the meantime, the bakers consuu tion of the reerve which has beea ‘ored to them, and make no purchases. Business is, cordingly, very dull. The sack of flour lost one or two | franc sin the week. and wheat between two and three | } \ | north of Europe speak favorably of the result of tie har. % , Markets describin; ecsn learn, ihere is no vessel of any size | { ‘on the light. | Mpg at 186 francs per hectolitre. rast our anchorage, off the bar, and would | (Mareeilles (Aug. } | | 0 | | quay porters, for carrying stores to the transports, must i } at Constantinople. forgetfulness to those who have been mualed, if there be | any, and tbat noone will be persecuted either for his iors or bis political acts in favor of the Russians during their invasion. But as the government of onr ugust waster throws the veil of oblivion over the past, it has the right to exact, and it does in the most positive manner require, that in future no inhabitant of Walla chia shall enter into relations, either direetly or indi- rectly, With the Russian troops, or with the Russian autborities im general, Every act of that nature will be regarded as the act of a spy, and the guilty as well as their accomplices will be brought before the tribunals of war, and will be judged with all the severity of martial law. I hore thet the inhabitants of Wallachia will give their obedience aud their aasistance to the tocul authori- ties, in orcer to re-establish and matntain public order, and thet every one will devote ‘himself tranquilly to his own alaire and his ordinary occupations. Spein and the South American Republics. (From the London limes. August 28. } jatory avd condition of Mexico and the South Republics present a striking example of the rd weakness to which the magnificent colonia mné of the Spanish crown have beun reduced hority of the monare! nd de of popular revolutions and militery despotism. The government of the mother country had, indeed, prepared this state of things by the exclusive rigor of its colonia! ayatem, and by gross abuses in every branch of the administration; but the change wes not (be less fatal to tho stability and progress of those emazcipated States, which toon found that @ bad government is to be pre- ferred {o no government at all, and that the royal authority, although perverted, was less capri cious and destructive than the rivairr of ‘military uturers, or (he incoherent attempts at self-govern- utinade by the descendents of the Spanish ple Seme of the causes which bave ied to these & ble resv.te way undoubledly be traced in the political and socisl condition of Spain herself, and the progress of each successive revolation shows that the came disease a sreby.s | Ville of Marseilles | thir morting, ané looks as if she bad come throug which has destroyed ber colonies lurks in the constita- | tien ef the old count ‘The idea of duty to the para- mount interests of uation, whether it be the name of loyeity or of patriotism, is too feeble to re: sist the separsie pretensions ond ambitions of loeal and sonal partisans ingen tise against the Stats, against their neighbors, generals againsé generals, ‘to be the instrument of national by the schemes of its chiefs. ch Ought to constitute a State by the concentration of will ana of authority fly of in different directions: and the country ia torn by another conval- sion, which wealens its faith in Uberal instiiuliovs, aad repeats once more ‘he invariable transition from anarchy to despotiam . The symptoms which have already ehown (hewselves ‘he tasis of the last revoiotion are all of this nature; ead nothing can be more eaipcueine than the future pros- poets of the country, That work of Gi aration hich was effect a by the promi ff Fervent nett Hota yhemete(y point: the lax. crete at reseet, tar te ° wolutioeas sheds any eatreme views of tie pop sar leaders, tne. ce. My prsscata, iteet! #uco the sitempt to establiah « government oa | franc: per hectolitre anda balf. In the markets from | which Paria derives its supplies, the fall varied from two | to three franca per hectollire. ‘The accounts from the | vest along the coast of the Baltic, and in the interior of } Germeny end Poland. There is no proepect of a diminu- | tion in the price of meat, ell the accounts from the cattle | the rates as likely to ye 0 aug: montation, owing to the scant; sop . 7 vices re- | ceived from the Vine districta eplorable. In several | the vintege will be totally inadeqnate to the ordinary wants of the consumption. The price of wine has conae- | quently increased anew in the Bercy market. No change hes taken place in the value of Montpellier brandiet. Fpirits extracted from beet have declined one franc, sel- 26) Correspondence of London Times.] town in Krance perhaps Which has pro- ly and is destined to gain so largely by as Marseitles. Tke cash paid by the the last five months to carpéaters There is not, the Ruseian government durit and eawyers, for sawing planks and making water troughs for the cavalry and artillery horses shipped to the East; to coopers, for water casks; and eyen to the Dave thrown a vast sum into circulation among the ope- rative classes, and added considerabty to their we l-being. But this is a amel item in the account, and the advan- tage will not ‘rest there. Your numerous commercial readers mn not be displeased to be reminded that the commercial treaty cxisting between and Turkey will expire in April next, and that it was concluted in the year 1838, when Russian fofluence was predominant The consequence of successful Rus. sian intrigue was, that theterms of the treaty are most unfavorable to French, and at the same time highl; advantagerus to Russian commercial iuterests—to wi so thata Merseilles merchant bea been frequently com- pelled to borrow the name of a Russien, in order to ope- rate with any chance of success in the Levant. The Emperor of the French is Cetermined that this state of things shall no longer covtinue, and that France shall at leaet be placed on at equality ai Constantinople with the most favored nation. Frr this purpose, the Minister of Conimerce bas—in anticipation of the execution of a new treaty of commerce between France and the Porte— addressed a number of questions tothe Chamber of Com- | merce of Marseilles, for, the purpose of ascertaining what rhodifications are H¥cesrary to give Marseilles the full advantege of its admirable geographical position, anc the manufacturers of the entire of France facilities | to open new and extensive markets in the Levant for the disporal of their produce. The opening of the Black Sea to Berepen commerce {s calculated, ax was well obsery- ed by Prince Napoleon, in his speech at the Hotel de evious to his emtarka‘ion for the Dardanelies, to confer immense adavntages on France, but pariicularly en Mareeiiles. ‘The kmperor Louis Napoleon hes made another wide ‘breach In the protectionist system under which French commerce had teen so long hampered, by granting per- | mission to the Company i] the Moseageries Imperinles of this town to purchase in ogtand fast ckeuanbre for the Constantinople service, ia addi ¢ Eupbrata, Gange and Indus) alceady purchased | is fact demonstrates the vast iccresse of trade | which Marsetiler has gained by the opening of the Black Sea, even during an unusually unbeaithy season. Louis Napoleon enjoys the reputation, of being nd ob server of ee events, He cannot, ently, be ignorant of the immense benefit conferred on the United | Kingdom by Sir Kobert Peel’a great measure of commer- cial reform, and it 1a believed that he is celermined to ex tend it to Fiance, at teast indirectly, wntil an opportunity #hall occur to adopt the system of free trade in its most com> prehensive form. Captain Penny’s Expedition to Davis’ Straits. % A eee at the memes eae \Lerdeen, on August soys:—The Lady Fravblin, the arrival of which, at the’ Orcneys was an- nounced in yesterday's 7imes, is row here i She came in fh herd weather. The crew are in excellent health, and Uaptain Penny has brought with nim very intelligeat Hequi- maux. ‘The ditecters of the company, for commercis! reasons, Fievent the disclosure of facts which might injure their specwstion; but from sources on which the fullest confi- dence may be placed we have gpitered the following: — The Lady Vvanklin and the Sophia made the ice a! the «n¢ of Avgust, ard took up their in ’s Sound, at a place called New Voyn, on the tani Hace ewe Yenkee ships were found engaged im ¢ some 5 . Captain Penny succeedod in killing twelve whales be- fore ihe wister’s t te ane toes ooo i he ships were and the mor’ sf conse with the natives was estabsisbed. The bealth of the crews was good, but the winter was very severe, the glass at times being as low as 493; degrees below nO. In the 6 the fishirg was resumed. For nine months Bytin had eee cog Td nr tase bo of summer f] were free, ja was a cessful, no fewe? r than sixteen whalos having been killed. ty of oil (whick is boiled) will bo about 100 tona, with 16 tons of bone, The b:ne alone will fateh £900 a ton, and the oil is expected to reatize aver ZAC @ ton. ; The Americans aa in other things, are before us; | ‘but it ts dvo to Capt. Pay; + aay. MBAs since 1940 fs es ! bad @ resident Gshery in view, and has now eu: in | the face of dite’ +! (hat oud lace crerpowered | exen of the most ordinarv kind, between the representa | that bave rencered the trip of the S | Mi | in his tour through the city of Nanking to the Tartar city | , tations inally $7 25 ion to the three | a: rell sutplie Viele of tho American Minister to {From the North China Beraid, Jane N q 10.) Pablo expectauoe bis been greatly excited by the co tara of the powerful United States steamer Susquebanns fecm Nansing and the incidents connseted wita ter trip Qa ‘ar aa Wu bo. We bave bees favored with a very | laborate account cf her ¢oisgs, which we give ts fullia | to-day’s issue, but heving so dine aad has cazefuily | pecused snd re-pecuse? tois pager, we look in vaia, for 827 solation of tae grave questions that the public are | fie desirous cf having solved such a8 the actaal atate of | sfiaize at Ni (of which absolutely cothing has transpired since the trip of the Casiai,)—the prooabie result cf the stroggle in the No:ta—the wore full de- | veforment of the relyious sad political tenets of Tae-ping | Wen; ty, aad the question above all others, es sectial be known by this mercestile community, whether the ac versment at Nanking is disposed to treat with f nations upon friendly terms end to form | tresties of mutual advantage, ss soon as they Lave | the dominion. As far aa we can learo, no intelligence has been ob tained apon these all-important topics. Why it i+ ao, ia left entirely to surmise, conjecture and rumor, neith: | er of which empty {magisings ‘will satisfy the cravings of the pubiic sppetite, end it seemass © still another trip to be made, perhaps, vy H.E. sir John Bowring, must be had recourse to in order te aecertein whether the princes of the new dynasty are “ men of like feelings with ourselves '! open to the’ infcences of civilization, and capable of estimating the edvant of interna- tiona! commerce! or wheiher it wili be left ¢o the urgent necessities of the age for Western nations hereafter to demand the opening up of the interior of China to the commerce of the world. Let ua, how look a little at what we cen gather f:om the infor a vouchsafed to ws, upon this the latest trip to Nanking The passage of the -usquehanna up the Yang-teze keeng a) to have occupted fully & week, for we find that the Susquebanna remtined at Nanking twotor three days, and left there on the Slat of May. During the timé she remained there Captain Buchanan anaounced by letter the arrival of the Amert. | can Minister on board the United States ship of war Sua- | quebanna, to the highest commanding officer at Nant ing, who promised to forward it to Yang, the Eastera king To this in due erurse ap answer was reselyed, | and ns we are told, “the tone sud style of whic> was very extraordinary.”’ “His Exeelleacy Mr. ifcLane anb- | sequently had some correspondence with the authorities, | the character of which ‘s not known | ‘This is ix trath the whole we learn from this trip, from which so much b: 0 ardently expected aud which, it cannot ba doubted, has most grievously disappointed the public at ‘arge. The surmis far as tuey go, onl; tend to whet the desires for fuller information, snd irr! tate, not satisfy the public mind, which cow, after the length of time the new gorernment has occupied 2Nau- king, some fifteen months, naturally expects to obtaia something tangible as regards the policy of Tae-pirg | Wang, and to ascertain whether the new frulcr will fra- ternize with civilized nations and Lot severt to the bygone policy of the Mirgs—but rather adopt the improved in- | stitutions of Chrisiian people and march boldly forward in the yan of oriental kingdoms, to prove how superior | his policy is to the beniguted views of princes of former dynasties in the Cyleatial empize. It be- sice the question, where so little has been achicved—where opportupity for inquiry by Christian missionsries bas not been fully availed ‘of—where, through some misunderstandicg in regard to the rela” tive position of parties—diplomatie difficulties have been started in limine to prevent all interchange of civilities, tives of two powerful nations—to dwell upon the causes ushapna alto- | gether nugatory with respect to diplomatic relations ia regard to ‘he rising power in China We need not refer in this peper to any matter extraneous to the visit to Nanking, for that is the all-absorbing topic of interest with all parties at the Present time at this port. 4 tip | has been made thither by the American Minister. which, es far as we can learn, has produced no fruit The | powerful steamer Susquehanna has, indeed, been seen | and admired by myriads of Celestials who had Lever beheld so powerful and complete a ship of war in the interior of their country. Is it now then the time or not, for foreign nations to pursue a vigorous ja That seems to be the question—‘‘A British Merchant”’ thinks not—and wany others will probably coincide with him, but, if not now seized—may not the opportunity be lost for another twelve years, before this magnificent coun- try will receive the benefits of full, unfettered interns tional communication, and the interests of commerce, civilization ana pure religion, be stifled amidst the glosses and revelations of a new but ill understood religion, and the ifititions of an old used up regime? But we will not thrust forward any opivions on the subject at the present moment—we will atill hope for better things. Let European countries only p a eharp look out, in order to secure for their respective people and the masses cf this great empire, when the time ar- rives, a more extended commerce, to give them the advantages of western science and manufactures, and, maore than all, to place before them an open by the glimmerings ef the trath that now but shed balefal twilight over the mation, will permeate the length and breadth of the land, and shed a glorious noon over the benightcd race so wrapt up in idolatry, super- stitlon, rationaljsm ond infidelity. ‘The inhabit of Savking were well dressed, no beggary was obrervable, aburdart supplies were being Ned, a8 previously noticed, by women, overlooked by grascbaired men, into the city—amany ladies riding on orreback, hendsomely attired, shaded from the sun b; pedestrian attendants with lar silk umbrellas, everything betokening @ well to do and contented peop'e. It was reported that forty thousand men have been te- cently cent to the north, to aid their brethren in arms against the Tartar dynasty. if that reinforcement had been sent subsequently to their obteining ion of the many towns in Pih- chih-le noticed by us as reported in the Pekitg Gavettes, in our issue of May 27, we must ere long bear of very decided movements in that province, but until the junc- tion of the twoor perhaps three sections of this nor- therm army takes place we can hardly expect to receive any very importuat news. j ‘@ bave been shown a copy of a card of one of the istera of State which the Nev, Mr. Bittinger received and the porcelain tower. In the presence of his Bigh- ness the officials who conducted him to his residence, as well as his own attendants, stood in awe and then kneel- ed down before him. and is dated the 28d day of the 4th moon of the 4th year of the Heavenly Kingdom. The Celestial | SMITH, KING & © CIRCULAR. SHancHar, June 26, 1354. A month of unusual inactivity and depression has | since we last addressed you: at ibat date our | of preduce were nearly exhausted, and, as mus- | ters of new teas and silk bave but recontly made their appearance, transactions in exports ha: trifling. Importe remain without any bulk of the purchases of cotton goods by foreigners on speculation. Contrary to our anticipations, we have nothin, decisive nature to report, respesting political a! The United states steamer Susquehanna, having on board the American Commiesioner and suite, left this on the 22d ultimo, for the purpose of visiting the city of Nau- king; but, upon arriving. there. the rebel officials a3- sumed so haughty a tone that negotiations were sus- open and no good is known to have resulted from the interview. From Peking. Gazette have been received of date May | 28, without Sgr much information, tte intervening Gazettes fremn the 1éth April, having been intercepted. ‘The original Northern army of insurgents are reported Empire. | Tt bears the broad real of his office | were qui rat operators to proceed with ort the season ws look for very limirad irsneactions Woot —About 600 peruis of ordivary un ae i 090 per pecal Musters of a lot of white a pid for which $12 per pecu! is eaked. Presses prevents an active «xocet of thisarticle. bot when thi: Inae ti = ‘3 8 remedied we look fore ANKKENS.—The iow price at which these been offering has attracted attention, and coarse om ers, aad for the Gent og bas now advacced to 80 cents per Bouoy bas fremaized * without aed we qucte Sscee at $115 per ils. 10C. Gold $0 ber of 9 tut. Tau. 8. Mexican Goliars, afew aa — Copper cash 1, 820 per for yol- ow pic EXCHANGE has mostiy ruled for the month ats. 104, for bank bills, to de 11344 for documentary paper. With. in a day or two ers have been more anxious, end rates bave improved for sellera to 6a. 8d for bank myn | to 6s, 93d for general credits. On Canton drafts at 1; fers’ sone bave been sold at 23 per cont which ia y's quotation. Company’s rupees 320 without greatis affecting rates, the ed to day for £7 for tea and £8 for ailk. To the Gamecock is the only vessel Ii ) at $35 for sith and $25 for tea, and $18 for straw. It does not look as if our sapply of tonnage was going to be e, and we expest high rates for the most of the season. To Canton, 87 for eral merchandise and $9 for sili. To &: , Bothing ding. SMITH, KING & CO. P.§ JUNE 27.—Since writing the foregoing we hays been informed that the representatives of Greai Britaie acd the Colted States have found it impossible to settle the question of the duties in suspense, and have left matter to be decided by political events or superiors at home. The Chinese collector ix be sup- ported in the future collection of the revenue at thi port, which is more satisfactory than the present aystem of paving inland ; Exchange for this mail closes 6s, 74. for bank bila. Markets. Lownow Mover Minxer —Tuesday Evening, August 20. —The quotation of gold at Paris is about 4 per mille dia- count (according to the new tariff,) which, at the Eng- lish Mint price of £3 174. 10144 per ounce for standard 1d, gives an exch: of 25.07; and the exchange at ris On London at short being 25 034;, it follows. that old is about 0.14 per cent dearer in Paris than in Loa- jon By advices from Hamburg the price of gold ts 4215 per mark, which, at the English Mint prise of £3 ie 104d. per ounce for sta: ‘d gold, gives an exchange of 1s i ee age Lae agin, on Ixndon at short 74, it followa that gold is 036 per ceat Gearer in London than in Hamburg? - The course of exchange at New York on London for bills at 60 days’ sight is 1093¢ per cent. and the exchange between England and America being 109 23-40 per cent, it follows that the exchango is nominally 0.17 per cent in favor of England; and, after making alls ance for charges of transport’ and difference of inte! the present rate lea tion of gold from the Famcers —Vesseis have arrived frealy of aoe =. Sea King being offer: ° t, & trifling profit on the importa ited States. “7 tates. | | The great firmness observable in the Foglish funds during the past week still continues, and they have | closed to-day at a fresh advance of more than a quarter | i cent. Conaols, for money, which left off last oven- | ing at 9434 to $, opened at 94% to %, and steadily proved to 94% ‘to 05 for money, and 95 to % for the | count, cag ee emma eaction up tg the official ter- mination of business. At aiater hour the baoyaut ten- ceney was further manifested, and transactions took place for ths account at-964¢ to %. This is nominall the highest price touched curing the present year, al- though the point reached ia June, when consola were temporarily at 947;, was actually rather higher, making allowance for the circumstance of its being ex-divid The state of the weather was again almost the sole cause that influenced the market, no political consiierations Jest es Hs produce much effect until news shail ar- rive regarding the Sebastopol expedition. Bank stock closed ot 20334 to 210; Reduced, 94% to 9534; Three and & Quarter Per Cents, 9534 to 4{; Long Aan ties, he In- dia Bonds, 2s. to 6s. premium; Exchequer bills, parte 2s. premium; and Exchequer bonds, 981¢ to 3. ‘The transactions in foreign securities were not exten- sive, but prices on the average continue well supported. Panis Boursk, Aug. 28—83¢ 0’clock.—The market has deen firm, with a shade of advance on the closing qao- tations of Saturday. The fluctuations throughout the day bave been but trifling. Threes for the have advanced 1Cc., the last being 73£. 55c.; four-end-a half yer cents closed at 100f. For cesh both stocks are unveried, at 78f. 60c. and 100f. Bank of France and crédit foncier shares have advanced 8f.; mobilier, 2f 60c.; foreign securities caee but firm. The Turkish Toan is not zee quoted officially, but it has been nego- tiated at 81 PRA 8534. There has not been s very large amount of ness transacted in railway shares, but the turn of the market has been in favor of seers. Weatern have advanced 5f.; Orleans, 3f. 75c.; Rouen, Ae aes, abe bint end Lyons = Sorte, = ak a lortbern: ferranean, an . 26. 5 Strasburg bave declined If, 2507 St Germain, Grand Central, are unvaried. Liverroos. Corton Marrer, Au 28.—The closed with a tame but steady fling, boiders extn le peed to press ear The advices from inited Sta ‘Canada, yesterday. the 15th, do net 8 oe have xh ence on the market. 6,000 = 7,000 bales; 1,000 for export and on speculation, and remainder oy quiet, fe August 29.—The market compsred with Friday’s rates, all kin: ‘The tales amount to between 7,0( 0 and 8,000 bales, chief- ly American, of which epeculators have taken 1,000 and ® like iy 40 and Mararham have also sold at 57d. to 65¢4.; 100 Egyptian, 53¢a. to 6344., and 300 Surat, at Sd. to 39d. per Ib, LivEnpoor Corn Marxer, August 29.—Exceedingly fine harvest weather, and an don it decline on wheat at Mark-lane antes, caused our market this m to open with heavines:, The attendance of millers anc | Cealers was pretty fair. A better business was effected in wheat than was anticipated, by holders making a cov- ceesion of atout 64. per busbel from Tuesday last. Choice brands of flour being scarce, and in € com- | Manded close bn! ates, but the uncertain qualities er in demend, and full as dear as last weex. Very lit- tle business was transactec in oats, oatm a | and prices stand without material chan; ‘There was a Bt show of new wheat by th bo farmers, quality and condition ‘both fine, ‘ gs ae, and | were 8a. 6d to 8s. 94. per 70lbs. for red, and Bs, 9d. t2 9s. for white. Loxpoy Propvcm Manner, Aug. 29.—The market has opened with a doll appearance, anda decline of 6d. bas been established on all qualities except very good and fine, which have about sustained previous rates, and the amount of business bas been smail, the trade buying very sporingly. Coffee—140 carka of Ceylon were offere: public sale, and chit nold at Jost week’s prices, 549. 6d. to 592. Od. ; of na- tive Ceylon were also offered and bought in: at 44s. 6d. for want of buyers at previous rates; 700 bags of Ma- dras were also bought m, 66s. Tes—No business of importance reported today. Rice—This article conti- nues dull of sale. Rum—The market is dull and di proofs, Fast India and West Indis, 1s. 13d. to 2s. ne accor aoe quality. Lapa a have not been any public sal ten \~800 bales et pre- vious rates. Cochineal sold at full prices to = shade advance, jucted at 82s. 6d. to 83s. Tron—Sestch Tallow—A further decline bas taken place, and it ie 65a. 6d. on the spot. Saltpetre—We are without in occupation of the city of Fow-ching, ated in lat. 37 ., and lon. 116 12 E—about 120 miles distant from the capital; where it would appear they have been for some time, as the imperialiste had surrounded tho city with a brcal ditch. cette reports that on the 2d May the insurgents made a successfu! sally from thecity, burning the Imperial camp and carrying off a considera- ble booty: no mention ie made of the rebel army of re-in. forcement which was‘laat heard of at Lin tsing, about 150 miles distant from Fow ching, whish city they had cap- tured in lap opi ge of an Imperial army sent wo raice the siege. Here at Shanghae the rebels appear to be a confidence, aud skirmishes outside the city have taken u lace of attacks upon the walls—it is evident the Im ista do not expect to take the place by force, and if foreigncrs do not interfere the siege will be main: taized so long ae affairs at the north are undecided. The export duties continue to be collected inland b; the Mandarine, no better system offering, although it has been objected to by the representatives of foreiga Powers. The question of payment of the datics in sus pense bas not many shapes cescary. For particulars of our market we beg to report— AmmUCAN Cotton Goops,—The Celiveries since our last are aRout 10,(00 picces, mostly bought on speculation at $1 80 per piece for 40-yard drills; the goods delivered to patives have been mostly resold at $170 per piece, and this is the cach quotation for consumption. sales of bout 1,000 piers feaus are reported at $2 per piece, Sheeting not inquired for. Wrrais.—Our stock of lead is exhausted, and the quo- ir pecul; but as the tea men ow well supplied would desline on the arrival of any large parcel. Nail red iron, nominally $2 60 per pecul. Spelter, $7 per pecul; no sales. EXPORTS. Biack Teas —Musteys of 40 chops Congou have been Fas been decided, it having assume so that cereful consideration is deemed ne- received, and twenty five have been on English account, at 14 taels per pecul, long price for common Ho Hows; the ality of the teas so far received is very marka! like ter- good, and the; freefrom saything 4 ‘ wed that the operations at ry flavor. Itis generally au Foo-chow will materially luce our su; of these teas, bat if there opening rates are 51 do not Coubt but that our mnt will be sufficient, Musters of | five chops of Pekoe have received, but have not as | yet been offered for. Greex Teas —Abont 500 packs; our last circular, which are still of any tranractions quotations are n firm those given in our last. Respecting £0 far as We can learn at present, the # Moyuri d Twankay districts will be | Rpg cet Fogrer tants cave saan | ra intriets is as yet undisturbed, and we look for a fu eversye ou * , iy ily. “The uncertainty | respecting political afiairs has Fhdwiced the tea men to hurry the we were prot vation of the leaf, and a fortnight since | ised musters by the 1st prox. Tnis offer | has proved itself iM advised, and slthough a few smali —— may be shown cartier than at any formor season, | we do not think opera‘ions for the American market will po mena ee earlier than the average of the j & Raw eink.—ive ancold stock reported in our last has | Dearly al) gone forward on native account, or haa Beco returned to the country. Musters of the new silk arti a week since, and rome 300 bales go forward by steamer; the quaiity is gener very indifferent, and as far se musturs beve y ‘Tee competion bas been almost exclusively for Nos. 1 and 2Tratice: but as no rt No. 1 has been shown, contiactors gtueraily are not wed to fulfil bmg mis, ‘The ‘ene by last mail market in Pogland, has tnd operators to wae it from ‘will pro’ very ove. Inthe silk as been carried on by the Land 2 Tratlee have been [ge Yor Tayssams prices are the silk districts have arrived since | in the absence 1, and we con- ei! + ond Tastera gaskets noted Srapeactions of importance to report; the market con- tUnues dull. Maxcurarze Corton Goons ~August 20.—The market Beenmate both of clots and yurm, “Asliog spon pete ‘n mat ol lot arn. cl aphic advices from ‘Tricate, Senge of the over- land mail, merchants in the India trade have bought up considerable quantities of the light 40-inch suitable to that mazket, and this has given a slight im- pulre to. prices, which may now be quoted at 1),4. per piece in advenoe of the rates paid list week. These rates are stillfarfrom remunerative, but the improve- mentis copsiderable, as com) with the position of everythirg last week. The activity in this branch of trade bas in some measure affected and home trade bu: have been more d sposed to They have not done much in cloths, but warps have moved e little, and sellers of is ef most d: ort an iwprovement, which has checked tasthiee te. clire, and enabled ‘bem to realise rates that could not be obtained a few days 240. The India letters by the overland mail are not expected here before to- morrow. Imeps Wooukx Ciore.—August 20.—We have no change to report in the state of the woollen market. There bos been a good business done this morning—a foll average for a Tuerday’s market. —_—_—_—_—_——EEEe FINANCIAL AND COMMERCIAL. MONEY MARKET. Trespay, Sept, 1246 P, M. ‘The upward movement in prices, whish was 40 strong and so general last week, has almost entirely disappeared, and the quotations now are very much unsetiled, and fluctuate a fraction from one board to another, without regularity or reason. At the first board Delaware and Budson advanced 3, per cent; Cumberland Coal, %; New York Central Railroad, °{; Panama Railroad, 1, Tlimoin- Central bonds fell of +; yer cont; Canton Company, 1; Harlew, ?,; Michigan Centrai Railroad, 1; Erle Railroaa, 2{. The market appears to be with dificulty sustained. The advance isnot the result of natarsl causes, and the speculative movement is so circumseribed, #0 limited in its operations, that it cannot last. it ia in Walt street and nowhere else. I: is confined toa few small cliques, and does not extend beyond the area of the Brokers’ Board. It is carried on by those who large lots of stock at high prises, and their only desire now is to get up the market fo that they can get out without loss. In their efforts to do so, they have bean obliged to buy largely to keep prices Moving up, and the result will probably be that they will get so much stock in hand thet they will be obliged to realise, When that time comes there Will be noanarket, There are no buyers now but those concern. e4 in the corser, and when they stop the demand for stock also stops. The movement ig Erie appears to he getting weaker. The recent advance has brought tate the State a good deal of stock, and tho bulls are getting filled up fast. Cumberland was bettor to-day. The com- pany is doing a splendid business, and making money, It hes in band wore than sufficient to pay a dividend of ten per cent on the entire capital stock. Tt has an wt. vantage in its coal business over auy other coal com. pany on the Atlantis slope, in being able to get to tide. water the whole of the year, It is not ehut off, as the Delaware and Hudson Canal, the Schyyfin Canal, and Reading Retiroad, aro for several months of the yoar, The Comberiand company can @ond conl to tha Northora VWarvughout {he wiater ae wall es a