The New York Herald Newspaper, July 10, 1856, Page 7

i FINANCIAL AND COMMERCIAL. MONEY MARKET. Wapxespay, July 9-0 1. Me ‘There was not much change im the stock market chis morning. The tendency was upward throughout, At the Board Virginia 6's advanced ty per cent, New York Gen- wal 6's, 4; Iilinois Centrat Bonds, 4); Iilinols Contras stock. 4; Reading, 4; , Chicago and Rock Island, \. ew York Central Railroad and Harlem tell off \ per eent euch, ‘There was considerable activity iu Cleveland apd Toledo, apd tt closed firm at our quotation», I)! now entra) Kailroad opened and closed steady at thy ad- vance. ‘There have been operations within the past day ‘er two in the privileges of the company. The Paropean demand {or the bonds of this eompany will carry them to par in leas than sixty days. The stuck is seu and there are several large orders in wis market ‘rom Europe, uniilied. Reading is gradually recovering frou the recent depression. The recent ruse to get the stock dow was not very suecessful. There appears be an upward movement in Chicago and Rock island. it was the most buoyant stock on the bist to-day. At the se. ond board the market geuerally was better, Iilnois @eptrai bonds voi! at 92 per cont, Now York Cen- Railroad went up 34 per cent; Brie, 34; hicago and Rock Island, 4{. The money mar. Ket iy a Nitti: moreactive. The banks have called in loans Wesly, and outside there has been a good deal of changing about among lenders. The large shipment of specie ps @eori rather an unfavorable impression when first re- ported, but the market soon recovered and closed drm. Erie was a fraction higher. ‘The steamship Asia, trom this port for Liverpool to-day, earried out $1,629,745 75 in specie, principally gold coin. ‘The steamship Hermann leaves this port om Saturday, for fouthampton and Bremen. There will probably be an- ether large shipment of specie on that date. We look for en aggregate exportation for the week of more than two milion of doilars. ‘The Assistant Treasurer reports to-day as follows:— Paid on Treasury account, $226,238 65 Recetved bal . 231,273 66 Balance “ 6,205,770 98 Paid for Assay offic 7,822 34 ‘Paid on disbursing 41,925 14 ‘The recoipts to-tay include $10,000 for transfer drafts om Chicago. |. One of our cotemporaries says that a systematic eifort appears to be making to put New York Oontral Ratiroad @tck lower, on the pretence that the removal of $500,000 ‘ef the dc bt of the old companies is an indication of weak- mess cu the eve of the August dividend. We do not sce aby a plain rtatement of facts conected with the Gnan- gal operations of a prominent railroad company should be called a systematic effort to put down the market value the stock itis a matter of very little interest to us what the current price of New York Central Railroad stock i or may be, but if the announcement of any fact Ww eakulated to intate or depress it, we see no reason why &% should be suppressed. It is well known in this eommonity that since the consummation of the grand act ‘ef eonsolidation, we have entertained but one opinion welative to the ultimate result. That opinion we have @equentiy and freely expressed, and all our antici- gations are in a fair way of being realized at an early day, The loan now required is oaly wading « little more to the burden the stock- Belders have had to carry. It will be piled up as @redualiy as possible, so that it may not produce any wadden collapse; but constant additions to such an over- whelming load must sooner or later break the strongest Deck. The addition of about ten millions of dollars at one @troke of the pen to the liabilities of a road, which had Previously been matured io the same way tw an enor- ‘Maous extent, was enough to break down almost any com- pany; but the managers have fimanciered so airoitly, and kept up the reguiar payment of dividends at any sacrifice, Mat the stockholders wre lulled into a feeling of security, ‘ene fancied the reputed prosperity real. This happy de- Mantou wes destroyed by the exposé we made in Septem- ‘ber and October iast, and the credit of the company never ‘eae fecoveted from the shock it thenreceived, The re- ports of two investigating committees, made since that ime, have confirmed the entire truth of our statementa, ‘en4 efforts have been made to {ntroduce reforms into the menagement. Unfortunately this bas come too late. The peety corporate has become so much diseased, that the ap- gration of the reducing remedies must fail. The send is weighed down with its liabilities. The stock- elders are annually mortgaging their property @eeper aud deeper, and its redemption is anuually be- @eming more and more hopeless. The company is merely ® political machine for the persoual aggrandisemort of eertain cliques connected with the mausgemeat. Tho frve of propor ais for a new loan of balf a militen of ‘ol ere w another »mail nail in the coffiu that will ulti ctoly enclose the remains of the stockholders. Within the next twelve mouths three or four more nails of about tis samo fm will be driven home, and then the steckholders might ns well abandon all hope. ‘The fact that the Erie Raiircat Company had twenty four millions of Jebt, over- sbadewing ten millions of stock, was considered fatal to (he stock, and the fact that the New York Central had ® omall cebt and large stock was considered a favoradle feature and & satisfactory reason why the stock should command a premium. As soon as the comtemplated Wan of two milwons is funded the debt of the New York Central Company wii! amount to sevevteon millions of @oRare, und by that time the vtock will be about twonty- Sve millions. This enormous debt must draw largely ‘Upon the pet cernings, and the capital eveck has reached weed an immenre Ggure that the danger of a suspension of dividends, or at the least a reduction in the rates, has already become #0 great that the market value of tho stock murt be sensibly affected, The aggregate debt and ‘ork of the New York Central GOompany is now about $46 000,000, It never will be less, but on the contrary, mert annually increase so long se unearned dividends are paid. ‘The Mercantile Bank bas declared @ semi annual divi- Gend of Sve per cent. ‘The Long island Insurance Company, @ semi-annual @ividend of tan per cent. ‘The Rebel Fire Insurance Company, « semi-annual divi- Gear of five percent. This company has been only six mouths in business, and we understand bas laid by « andsume rarplas in addition to the dividend. ‘The Bowery Savings Bank bas deoisred its semi annual Givwens at the rate of Ove per ceat per avnum on sums of Weer than Ove hundred dollars, and at the rate of four er crn) on larger tome. Also, xtra dividend of one Bal the rates above specified, both payeble on the 21st tet ‘The Long Dock Company, of New Jorsey, have called fer on \or talment of twonly collars per share, payable on Ge bet of August next. ) A Hh Nicolay’s regular semi.weekly suction sale of ocks avd bowds Will take place Wo-morrow, Thursday, at Belf-past 12 0 clork, at the Merchants’ Exchange. ‘The carvings of the Chicago and Rock Island Railroad Company for the moath of Jane, 1866, was. 142,063 34 Agniant, for June, 1890..... . 123,216 20 We gave a statement yesterday of the sales of iands by @e Gino Contra! Railroad Company for the month of Pane, and for the year wp to Ge inet July. The ciass- Gension of the June sales was ea follows — Averaging O15 55 (eee Pee! we dw ele your, oer tea acess, sold for $1,820,712 19 ‘The land males of this company in 1666, were as hl. wr Sem ov Comerevcmex Lawne. Adore Valvatun. Cnsovt. 1) He, which TORR maid at B9000.. 47,016 Oe of Which 4,860 ead at 20.00. 265,140 Renae of ertieh 298,252 eold at 10 90..1,072,748 fal - 39).090 ° —_— 1,083,500 vee SQM ure et 192,55 ——s —_—— BSR 008 of whic 698,061 sold, oo enna 008,199 The ele gimce Juamary 1 ©8646, srmount te 49,708 acres, Whed, dedwaed (vom the quantity ansold ot that date, Meth cm Rant July 1, 1M, 1,976,647 noroe. The total sales Rome boon MOLES eevee, yieiding £4,919 299, wluch is an ererage of O12 We per sere. At thie ate the whole land od praperty of he company would E70 40 aggregate of OF eee, The ewarnge will be weet above that thas @ remtent «The cmnpany bas rerer ree most of te best Dade ant he improcements Mat nuaily going on upm ee lends oi) aty rout ane rapidly eubaneing te valuc of Dose rem arm or oud The Buflale Commorei.nl of the th inet. says ‘The commerce of the porte net co barge ae during Ow prerioe® week, the ehipment of leading artivics at uy NEW YORK HERALD, THURSDAY, JULY 10, 1856, take “mes havigg decreased, One of our leading trans ston companion bax laid Up two or three propeller, one or two trips, as usual induly. We do not hear, however, that any oukers have is “followed suit’? al- though they onduottedty will Lase freghte rule low, ent this, with their scarcity, has the natural teudeacy (lo keep veesels at beime There is, however, @ goud amount of up fre ght, Dot pots eurpiue, and this will roti eome jp the trade winch woule otherwiee remaia in pert. Bic me by canal are something leer than last week, but larger than the correspon. ing week of 1865. Tho deliveries of tour at thie port by lake during the pact werk were 24,701 barrels, Being @ decrease frown the previowe week of 11,083 barrels, but an ase over tho corresponding Week kt year of 13,204 barrels, Tu tie det duly y Leoving te other parties: Receipts of Ubie week... Consigned to the road, “ Leavir g to othiert.... se . This Whle, when taken in connection with the facts that considerat le quantities of tour have been consigned to forwarders for immediate reshipment, and that larg cules have aterly been made, will account tor tbe luited Stock now offering ib this market, although the receipts have been much larger than Mast year, ‘Ibo last two reports of the Eastern (Mass.) Railroad Company, showing the receipts and expenses in each yeor, prosent the following comparative statement. The recerpta and expenses of the rowd to Muy 31, 1855, (a period of clevem months), were— From 046,714 jassengere From $3,781 tons freight Parcel car and expresses Extra baggage. . United States mails... Misewllaneous o+. e200 ++ Income froin property, &c. Total.. Expenses. For eb pi wood... other we expenses. Rent of Grand Juvetion Railr Insurance and taxes...., Interest account. TO). cecsereeeseneeee Net income for eleven months, The foilowing are the receipts and expenses for twelve months, ending May 31, 1856:— From 1,151,200 passengers $599,008 15 From 102,871 tons freight. ves 132,090 49 Parce) post and express car. » 8,141 70 Extra baggage 810 68 United States Miscellanecus reve! For 15,459 cords of we Other working expenses... Rent of Grand Junction Railroad. Insurance and taxes Interest account... Total. sss cseeesereveveeeseses Net income for twelve months. $165,177 14 ‘The report states that of the income last year, $35,706 17 was received from the sale of the railroad ferry boat, surplue of Portland and Saco Railroad, &., and that this should be deducted from the earnings of last year, in order to make a fair comparison with the present year’s feport. This reduces the net earnings of the last year, of eleven months, to $168,882 86. The report also states that for the purpose of comparison to the expenses of last year, as given in the report, should be added $51,810 42, for items which are charged in the expenses this year, but which were last year debited to “renewal fund,’’ when they should have been deducted from the earnings of that year. Making this deduction from what was re- ported as the net earnings last year, we find them reduced to $117,072 44 for that year of eleven months, or $48,105 Jess than for the present year of twelve months. The reduction in the value of Kast Boston lands in the proper- ty account is occasioned by a reservation to the value of $260,000 for the merchandise business of the company. in regard to interest on the debt, it appears that $1,200,000 of the debt is funded at 5 per cent. $2000 N ¥ St 5's 1860 101 4000 Objo 6's 1870... 104 5000 Onto 6 . 10000 Virg =t 62.90 9334 11000 a we. 9835 4000 City G's 170... 1000 NY Cen RR 6" 6000, EO. sss 00005 bt 10000 Fr R Gon B71 89 10 Hu RRR Sd Mt 1036 am F 6000 Har R ud Mt.s3 76 do, 11000 Ili CenRR Bas. 9196 do, 24000, do... 83 OTe Mich Cen 5000 do... 22 91g Mich 8 & 5 stirs Sh & Lea Rk 10056 do. 16 Kk of Commerce, 106 do. 10 Park Bank,..... Clev, Col 10 Merch Ex Rank.. 105 do. 4 205 Det&Htud Can Co. 1225¢ esebs2eicegucrsicsskEs2sese Poe 2 ae ts = Stestereze Fe 1000 Michi 6 0000 Mo #t 6’#.. .b3 12000 1) Cen RR Bas 0 BO... oe 500 Mie Cent RR, 890 02 20 DelAHud Can Co, 122% wk do. . 12234 100 N¥ Cen RH. bid Oa 50 do... boo a 580 40.0... 100 Erie Railroad..23 633, 100 do... 50 do #3 63% 210 Chi & Ro le RE 200 63% 60 ao., 200 63% «GO Mil & Mies Rik. G2, CITY COMMERCIAL REPORT. Wrovenay, July 0~6 P. Avure.—Sales of 50 bbls. pots were made a €640 0 $650. Pearls were scarce and nominal. Breamtrre —Flour—The market was without change of importance in prices. There continued to be a feir de mand both for bome use and for export. The sales fer the day footed vp about 10,000 « 12,000 bbis., closing at about the foliowing quotations — Ha oe 60 wo ~6Wasd 60 660 70 «70 6% 740 66a 8B 6 tations given ve. flour was stead, $4 37%. Meal wae in fair demand, and 600 Brandpaine and New Jersey were roid at $2 960 $5. Wheat ihe market cont firm, with @ fair amount of sales. The transactions embraced about 20,000 a 30,00) buehels, Jncluded in which were 6,000 bushels Weeter) white, at #1 56; 8,400 do. Milwaukie club, a¢ $1 45a $1 53 8,000 red Southern, $1 60; 2,500 Ki : 1,700 do. Southern white, $176.0 81 77; 2. do. ret, 50.4 $1.60. Corv—The market was Srm,-and the vay ply being lightthe sales were light. The sales wore re. stricted (6 sone 10,000 a 16,000 bushels, inefuding di tilling lots, at 4c. a h0c.; and sound Westere mixed a 63e. a 66c., and Ganthern yellow at 62c., whick was bet ter, Rye was quiet; enies of 900 bushels Peng-ylvany were made at $0c.; Northern was firmiy held at 860 <ate were firmer, wih eales of Southern at J0e. a S60. , dereey, 360., and State and Chicago, at 400. a 40. Corre. —The anatket was qui and sales confeed t 96) bangs Leguayra tringe, atp. t; aud 300 bags kin, w xe alike. srTow.—The alee were sgain limited, being condacd toacew hundred bales, at full prices. The stiffness o bolders @hecked tnaysactions. f The folio wing ix @ statement of the movement in cotten Fince We first September laat, as compared with the pre vious three years:— Receiptect the ports..2444009 3'400,000 ZANE fin 3.1S55 * ol a Exports to Gt. tg Lom 191500 Tel % ether tor. por, smn ion me Sas port 308 ms Total exports... 27, 2.096.109 2,088,008 2,387,009) Styct on hand 180, 0.00 310,00) Behm Of which, during the past week, ineladed in the above: — 5 ' n ‘ Franee.,..... 84 aon yl “ | other for poris 3,000 Tots! Kxporia, .. Sy000 14.000 44.000 Dm) RUM ART. Rereipis—tbereas at the ports over last 00 bales; over 1843, 266,000 Kxporte—ta Great Britain, 468,000 bales; compared with 5,000. Incroase to France, 71,000; compared with #8, €2.000. Inerense to other fo.“elga ports, 242,090; pomparod with 1853, 161,000 bales, CURRENT PRICES FORK LIVERPOOL, CLA*IFICATION. Plorida. Mobile, Inferior, nom, — nom. Ordinary . 9% 9K Middling Me Middiing fair wy 12% nom, no: bom, — pom, ne, nom, nom, now. Fiawncms.— Rates caytinued ira, with less engagements. Liverpocil, about 5,000 @ 6,000 bbls. flour were ea gages a. 64 ats, Tod, and adout 16,000 a 20,000 hurhele wheat in ebips bags were taken at LOd.. aud emwall lots square ules cotton, at 532d. Sea Island vos at, and about 100’ tierces boef, at 27s.- 1,500 bbls. flour were " on- Glasgow, 1,000 bbls, flour To Havre flour was engaged at Se. Two vessels were taken up for , 9 load with grain a 12d. in bulk. vere steady at dde., and ta Melbourne and Sidpey at 30c. a per foot, mewsurement, liay.—Sales were muking in. moderate way at 500. a Iowe—The market was doll, with limited sales, in- cluding common at 75c., and lump at $1 a Sales ot 0 bhda, clayed Cuba were made Uerced and 60 bbls. Cuba muscavado at 4éc,, afd 280 hhds. and 16 bbls, do. do, sold at 43. Naval Sromme.—The market for spi Was unsettled, t gales limited; Smail lots in shipping order ranged at adi ise. Rovin afloat was at $1 6734, aud from yard at Ge, a b2e., ueval conditions. Provsauxs.—Pork—The market was again higher, with sales of 700 to 800 bbis., including mess, at $20 75 uw $20 873;, closing at the latier (iguce, and priwe at $17 37 8$17 60. Beot was stealy, with ‘ales of 300 bbl, in- cleding country prime at 37 50 a $8 25, and mess do. at $5 60 a $10; aid $94 $11 {or repacked Western. Bea bams aud prima mess beet were unchanged, Cut meats were drm, with sales of about 150 packages, at 9c, for shoulders, and 10%, a 10, for hams. Smoked meats were firm, with saies of 40 packages smokol sides at He, Lard was firm, with sales of 200 a 300 bble.. at 120. a Ve. The sale’ noticed yesterday was at 124 tor Prime gand not 1247, 600 bbis. bard or manufacturing lard sold to-day at 1c. Butter and cheese were in good supply, beavy, and without change in prices, Ticy Sales of 250 casks were made xt 3c. a 4X0. Sricee.—About 60 rmats of cassia were sold at Bic. Seaawm were quite firm, and holiers demanded higher rates. The salestooted up about 1,200 a 1,400 hds., in eluded in which were 170 hhds., 40 cases, and 00 bbls. Demerara, at p. t., aud 300 do. Porto Rivo, at 9c. a 9440, avd the remainder was Cuba muscovao, at 8 yc. a 9c. ‘Wiuskxy.—The sales embraced about '300 a 400 bbls. Onio aud State prison, at 32 yc. a 330, AFFAIRS IN EUROPE. Our Paris Correspondence. Panis, Juno 13, 1856. The Wh June and its Memories—Mrench Opinions of the Crampton Difficulty—Honor to the Count de Sartiges— The Baptismal Fites—Opening of Notre Dame to the Public —Rebdlious Conduct of the Prince Imperial—Banquet at the Hote de Ville~Appearance of the Empress, bc. ‘This is a date which never occurs in France without re- viving some biter memories, The death of the Duke of Wellington concluded the long series of Waterloo ban- quets he was spared tocelebrate. After this, by general consent, the venerable heroes wh» had taken part in that bloody fray wisely determined to dine at home on all fu- ture anniversaries, and under the shade of their own vine and their own fig tree, to Fight their battles o’er again, * a ‘more slay the slain. Indeed, death had been so busy of late among their ranks that without this resolution there was imminent danger of the annual banquet acoomplishing the passage of the Bot- de and Steak Club, founded by certain red nosed worthies, where the members, cut off one by one by pallida mors, the annual banquet was at last for one solitary individual, who, swallowing his steak and duly finishing his bottle, by the mutual consent of chairman, vice.chairman, and trea- surer, all of which functionaries were comprised in his individual self, then dissolved the society. However, the Waterloo banquet, dissolved as it now is, continued quite long enough to establish a festering sore in the hearts of the French people. On every occasion the rankling spot is shown, and never—vever til! the na- tonal disaster has been wiped out on some victorious battle field in the biood of France's hereditary foe, will it cease to beso. Circumstances at present tend to fling over the wound a spurious cicatrization; but as the me- morable 18th of June performs its arnual orbit, the chronic character of the disease becomes conspicu- ous. Englishman may agree to forget it, and bury the memory in the grave of their dead Duke, but it is pot se with the Frenchmae, On this way the fleld of Waterloo and all its memorable events is the theme of heart burning discussion, not so muon per” haps in diplomatic and peculiarly political circles as in great coteries of the people—among the larger masses, which constitute the body corporate of the nation, The tourgeds, the protesstoual man, the functiouary in every bureau, the soldier, the sailor, the market women, aud jast, not least, the children of every seminary throughout the length and breadth of the country, discuss the merits of that short but memorable campaign—comprising the battlefields of Quatre Beas, Ligny and Waterloo—inch by seh, in its minutest details, with « fervid acrimony that ew lo England bave any idea of. Thon these poor fool- prate per Hy about an entente cordiale, which the people ot France have as litte knowledge of aa the tiger has of bis towards the lamb, and the day will come when perhape the existing government of France has made all the use it desires of fts thick headed moighbor, that the i = the opportumty of enlightening John i's peculiarly dull capacity These remarks can searcely be consitered out of place atatine when the American dificuky with England |» the great topic of the day; for a notion has got abroad that France is ready to espouse the side of Englaud hoult! matters ever come t@ the lat extremity, What ~roret there may be on this head with France and Lor have of course no means of —— u strongly suspect there ix something of the ted! let ‘the truth be told. However grew and all pervading may be the power of Napele o it ts Hot sufficiently great to induce the French pooplo, at the close of a war, the K of eo - uw su deavily pressing w them, to torn knight crraut in stot £4 quarrel. There is & most profounm! respect for Mwerica and American people {mplanted ta the French obaracter, With America the Freneh baye no cose of quarrel, no bitter memories, no disartrous autoced: ate with which tochew the cud of bitterness. On tho ecu trary, their fondest souvenirs are ensbrined in the history of American independence; and now, in the midst of « iespotism, which, spite of’ itt soft and «miling exteriar binds them down with bands of iron, they still look to ward America as that pillar of cloud whose brightaos «ball one dey condvet them to the promised land of fre. dom. 1 firmly believe, from ali l hear, that the day which the executive of France abould seek to embrotl the French people with the children of liberty on your «i of the Atlantic would suaud the knell ot his power. ‘The observations, however, which are mute on Rag and's position, now that America has summarily :ti« wimeed Mr. Crampton and the three consuls, are, \t ius’ he confessed, wot flattering to the goverameus of Lar! Palmerston, nor to the peopie by whom it is supported tis remarked that with all his Gdgetiness and sousitive vees about the national honor of England, he is anoom monly ready to slip out of a diffieulty—that he | au fond the wool of that Venetiw arietooracy which for ages has kept England in leading rings. This it wae that made him summariiy wind up the war with Rusia, Knowing that W it ha continued the axe would soon have been laid to the re f the aristocratic tree; and it ia the knowledge of thy more eepeciaily, which will ‘make bim ouly too rewly t wmporize with America. Get over it as she may, strat ing her brief hour of condeeconding micht, Kagiand » conceived by the French to have sustained a grievous In ult on the pary of the United “tites, and many are foun to rub their hands and chuckle at the coutemptaus trear ment she is made to bear. Mr, Merce’s government » wot spared. An act, it said, may be an oxercive of dig ified resentment if doue at tie proper time, which afer wards may only hove the air of puerile pettivhnens. It) generally thought thet the British represemiative «be have be: b sent to the righ; about on the instant aut thet the effect ——— occurring white the Rursan war was ‘te height. would have been immense, but that now thi thing is too late, Still, there are some grave pwitican whose opinions are entitled to consideration, who sy oven though it be arranged satidaotoriy; satyects of discussion will act be long in springing up tween the two countries, ap t that auy future pereuyty viners on the part of the American Executive will be arr wrtously remarked in Englaod, and difficulties arive fate to the real ipterets of beth peaple. Should this be te vase, Mr. Pierce's a tnunivtration will have mach to ar . lish are biamed in France for ner Saving sent to America & man of greater war ham Mr. Crampton, on the same principle thar America is hersed blamed for the inviguiteaney f ber Uplomatic representadces in more than one of th Saropean captiale. These are net times when easy Wer! men, ignoraut of the ways of the worll, withowt physies nergy, and whowe attaininents are of a imere didact character, are Otied to impersonate the wants and priv leges and dignity of a mighty people on whom bas ds coated the gotdon mantle of t a. The United state wouts abroad men—men of the mamp of Mr. Richans and Mr. Datta, not only in one, but in every State of F rope, and without euch. the various little eloads whi veces marily ative, from time to the, will always De vanger of Mackenmg the her igen. The Meniteur aunounces thi morning the @lewation © Count de Rargges, Miptstor at Wa f Grand Officer of the Legion of gby. French Aurbascador at London, b that of Grand Cross of the Legion of L ‘The baptiema! fs are graiualty eubeld’ng; bot ther is to be a grand hall at&t, Clond to morrow, an! anott on Sunday, which f presiime will wind up ‘tho lstore « the court. The cathedral of Notre Name has boon thrown epee t tbe poblic at a frame a bead, f t ” end on the With wace for the at ‘mem. Curtosity to see the superb arrangement nee for the bai attraces munda, 80 What wtriter, anxions to obtwin an insight int» the r etractien of this ancient cathedral, tm the style of tt thirtoon@y century, has but scant opportunity. for, enter ing at ane door, he fnte himee! eurged along b moving tide of spectators, and anon od, for tl of breath and air, to make hi 34 ak another, Cor IY the effect of the chapel, with Ite wimicahly lon t is ef rod, yellow anil blue, as T enw it om th be baptiam, was im poring in the extreme, Ther ve some objection on the grout of a certain th air, but, Glled as it was pith the gorgeous costames of the Bpscupacy, than which it is impossible to twagine apything more magupivent, and with feminine Wilettes: deriving immense advantage fom the baptismat vell, almost untversaily adopted, it was a spectacle such as few could ever hope to witness twice in their lives. The domestic incilent of the ceremony was very piquant. The ehiid, which had throughout been some- What restless, became absolutely ungovernable when the Cardinal Legate placed the salt wafer ia ity mouth, waich cusiom prescribes on these oecastons for the Roman Church, It spit and snoemed. and at length, shaking its NUle bead, cried out lustily at being eeckosiastically doend with such @ bitter and bot for the strains of the choir, which mmed) swelled along the vaulted rool of the cathedral, this oursery rebellion might have iuter- fered with the gravity of tho scene. Tho kmpress was obliged, in the midst of it, to pat it stoutly on the back; and whea ewan hs poleon, with @ smile, held it Dp in bis arms us if offering rt to the assembled congrega- tion, the foture Finperor kicked ont itt hte legs with sueb hearty. carne: that hia Majesty seemed well content to consign it 10 the « he nourrice, and see it conveyed away forthwith fro The banquet at the Hotel 4 dred guests sat down Yrefeet of the chapel Vilie, at. which four han the courtesy of the nt to the HeKacn, f pverpoweringly gor: -ription couid convey aay dea of it Magnificent State aitine S, ail, to a certain deg ree, resem- ble each other, Bat bere, the princely ebaracter of the the exquisite Gite pervading every arrangement priecless value of the piate which cov lowers, the banners, the splendor ot the hot Lara—valued at £600,000—on the head of the beautifel Emprecs, above all, the august occasion, and the sweet strains of rvusic, whieh, as it were, aanctl fed the whole, almost ( i earth, and n wag i tabled Iexary and barbaric sumptuous. news me &shatow compared w the reality now pre- sented. The Empress looked uncommonly well, and, as in her robe ot blue, her trains being held by two princesses, her brilliant’ coronet on her brow, she afterwards mate the tour of the reception rooms,’ *he looked (he very qveen of the world, Gur St. Petersburg Correspondence. Sr, Perenspene, Juno 11, 1856. The Result of the War—What the Allies have Guined— Russia Recuperating her Energies—Internal Improve: ments— Feelings of the Conquered Provincer—The Scored of Russia's Strongth—A New Monment for Hungary—The Passport Nuisance—Foreign Travel, déc., dc. If the allies, in the prosecution of the late expensive and destructive war, had any real purpose in view other than the diversion of their own people’s though from the grievous wrongs under which they are suifering (hey have most signally fuiled in their eiforts to achieve ‘t. Passing over their own unblushingly absurd protence of ‘hs having been waged ‘ on behalf of freedom and civili- zation,’ a8 entirely too bald and clumsy for serious com- ment, I cannot conceive why, with such vastly increased means at their disporul for another campaign, they should have consented to a peace which leaves Russia entirely free to prosecute in the future and at her own conve- nience almost any and every scheme of aggrandizement which her ever watchful and farseeing rulers may pro- ject. If they were actuated by a jealous dread of the ra- pidly growing power of this empirs, and a ‘lesire and de- termination to effectually check it, they should have in- sisted on Finland being restored to Sweden, of Schamyl and his devoted Circassians being placed io full ani firmly guaranteed possession of the entire country for which they have so long battled with surpassing heroism ; poked ‘ of], sae winele of Poamastin ft Be Crimea, unless Ausi joined the ance, re-erooted Poland and sengery ate Senne Snes with gov- ernpments morc liberal, and institutions more popular and democratic than they ever before possessed, and the war should have been vigorously prosecuted until all those ends — evory dollar at their peace on these terms could not be other- wise than lasting and as it would leave Russia fur centu- meevek leans Gesweceeaer Seavomion een get erie: her rulers be com; ‘to abandon al) ideas of foreign conquest, if they entertained any, and apply themselves solely to the cultivation of the peaceful arts. They were, however, utterly unequal to thus great work, and were finally taught, by the most bitter experience, to reluc- tantly realize the fact. itis very doubtful whether an ona to the crushed Dationalities—lustily as it was talked of and tureateued— was ever seriously contemplated, and how it could have been seems indeed Mexplicadle, as such an event would have been far more to the allies—particularly to the present government of Franco—than to Russia. The only effect of the war upon this empire has been that of reveali its almoxt boundless resources and gigantic str and of directing the attention of the government to the prompt aud thorough correction of many weaknesses and defects which remained un-gen and unfelt until brought to light by the developements and exigencies of the recent struggle. Factories of hve 4 conceivable description are springing into existerce witl amazing rapidity throughout the whole empire. Rail roads are projecting in every direction; rivers are being rendered navigable for steamboats, and connected with each other aud with lakes by cauals, and every other species of internal improvement has alreaty been com menced, and is being actively prosecute! towards com pletion, Some isea of the magnitude on which most of those enterprives are to be conducted may be gatherod from the fact that one Russian establishment in this cit; (the Lietebenstein) has a contract for, and is now build- ing, three hand Jocomotives for the Warsaw and Mos- cow read, A few years more will make Russia a match for aii Europe; and if she continues to act with the same wisdom and caution which have heretofore distinguished her, the whole world con. bined would find it no easy task w impede her progress when she again deliberately determines to move forward, ‘The consummate art, to say nothing of the magnanimity, which she evinees in her conduct towacds the people of every province and country annexed is the great cause of that singular unity whi h exists among the different and, in many cases. originally contheting races of which i composed. They are not , but as equals and friends, and are all left im the full’ enjoyment of their local laws, customs and itotitulions. A singie generation almost in- variably serves, as with us in similar cases, to obliterate the prejudices, if not the recollections, of their former nationality, and to convert thom in thougit, word and teed into faithfa) and deveted subjects of the Car. All the rising generation in edueated, as far ay practicable, them loyal Russians, and al the honors and emoluments of the empire are equally open ant free to them, Ry similar means they are gradually wipning over the tu- ‘omitable Circassians, The best men, beyond all com. verison, in the Russian ieee are the Clreaswian regi: ments, avd Bchamy!'s «on, whd Was taken prisoner years ago, aul educated here, became very much atuichet hoth to st. Petersburg and its people. fince his fibera- tion and return home he has been cortmually writing « for books, inetrument« and other things, all of which are promptly vent with kind ap-were to bis letvers. Tn all this there is, with: ¢ doubt, a great deal of mere self bnews, yet the poltey which dictates {t is both roun!, oractical and wixe. The kind manner in which wae Turk woh prisoners were tested, aud tho marked attentions paid w the officers, could net have failed w favorably im- pres them, particuarly a« coutrasted with the ineuinny and outrageous rudeness of their ailiea in Constantinople and elsewhere Had the war com inued, and Austria and ~wedcw joined the allies, a4 threatened, Finland would soubtiess bave been wrested trom Russia and restored to Sweden, a changy which would have been hailed with apturous joy by pearly all ite adult population; but | heve the best reasons for kuowing that Russia would in that event, strange as it may appear v» many, have revolu vonized Hurgary, and guaranteed tts independence. Thave conversed with -everal of the offluers who served m the Ruewian army which extinguished th: ratonatity of that heroic people, and they invariably express shame rnd regrot at their participation in the disgrweful ontraze. { never fal t speak of the whole transaction with the came indighent denunciation that | nsed atthe time in the public meetings held in New York w protest against it, 2 the [reo expreasion of those opinioas does not seem to red them in the least. Paeeport ayetem, which in its least objectionable siways a source of whoyance, is here & most intolerable nui<an annot goafew miles inte the country wuhowt a «pe Every time you ohange ou have Wo advertise Tree Weeks ahead. and peuuon Governor tor ser. mission to depart, &e. Ther say they intend to modify bie consiterably in a short time, and, Heaven knows, q it, if they denre to en covntry. retofore they mitting their owa subjects war having tought tem, 5 of mixing with the are now readily grattng pasapor te to ‘ant as these are chiefly the weaithy, Bere will be po rmall amount of Ressan money «ont ut of Rewem this year, Already there have been be- tween thirty and forty Uourapd pareports of this descrip bet iseued. and each one of the higher cma has Wo pay sired rubles, of $460, on seceipt of one. If hiv eave n obaenee should he extended, he hax to pay a hike te for each additional year be \* permitted to remain Way. As this amounte toa pretty large sam when » man bes « tamily and servants who are also Russian, an mmense number have recorted to the ‘ill health’ todge, and thar thoagh teoking ae hearty ae any persons © the empire, exeapet the onerous tat through the magic agency of a coutor’® certificate, 1 believe physi tahe all over the world have au innate hatred and con empt for rid suheos laws, an the doctors of New Pngianu Were bet More prompt in eTanting braoly preseripuons UFiNg the Maine law defi and deepotem than are beer Brethren of Peter: tw certifying to the abo nite Decemeity of toreken travet for the health of their untomerr, it te in contemplation to molly tire rigor ot openee of thie branch of the busines alr wd the great extent t whieh i hay been turned to & were hyporritial free thie your will, no j Hf Fut mht, materiaily aki in harteaing the mar rede re orm. Tht netom house cwletinns are exceedingly aa. CYNE Att OF prem are very bitterty and jnet!y ™ iby merrantile cominniity. Anon © and retiewlous features of ify tel t0 dis 6 Custom tte ot tre arget of tte » Ry proper. A wuld nat on. ry ¥ mW bury Wa caper’, "Nomlihotnalag the neon + rx) pt whi.h the despicadie, mushroom fac: 4on which nominated him are universally held by al) who have beard of their existence, he would have received a mos; cordial and flattering rece] from the Russian government aod people ag the lite chief magistrate of (he great and still rapidly gr republic, and would bave houored by the warm, /eit Kratuistous of bis countrymen, without distinction of party, tor the broully aational truly patriotic manner in which he administered the go- vernment duritg bs occupancy of the Presidential chair. On being notified some time ago by our Minister, Gov. Seymour, thut his arrivai migtt be daly es pected, the Minister of Forvign Affairs ies ded iastant orders to pass hie baggage whhout examination, and for over two weeks asteamer was kept ready, with steam up, at Cronstadt, to bring him to this city, Several dinners and balls Were projucted by the nobility for his especial honor and entertainment, and nothing would have been omitted to render his stay here delightfully agreeable. The few real demoe Awericans in St. Petersburg deeply regret that he did not come, as his personal appear= ance and whole manner would have done much wwards ng the Russians # correct ifea of the true American gentieman. For some years past onr national reputation has been mort sadiy jeopardized here in thig respect, by the ab- t meanness and avarice of a set of impoverished- minded money worshippers, whose nationality is bound: ed by their purse strings, and by the harlequin antics of sundry upprincipied pretepders ant half-witted rich jackasses, who seek to commend thomselves w the aris- tocracy of Hurope by aifectiug to contema the class which ever has, und ever will, control the destiny of their own country, so tong as it remains a republic. ‘These American ‘excrescences receive little sympathy in Rustia, soon tue their level, get disgasted, and dis- appear; butus they have heretofore almost exclusively con- stituted the travel ing portion of our people, they are gone- rally encereded by anothe Jelachment of the same stock. Thowe pitiful snaye, aware of the anmitignted and undis. gaived contempt in Whics [hold thers, wonld rather see tha devil than me enter a place wheu wey are in full wing; aud though they ovtwarily al the highest regard for me, I know it grievously aneoy them w see invitations: and attentious Ireely proffered to, and most frequently declined, by me, which the putentiy, but vainly, seek to’ obtain. iy’ treat them with quite ag much disdanful neg! ae they feet and exnibit toward the powerless portion of the class to which I belong. The weather is charmingly pleasant, but the fur and sheepskin overc “Ul worn. My little light body coat does not, however, attract the same stare of uwk- ward amazement which grected it at every step during the coldest days of winter, All the public walks and gardens wre in full bloom, and they a ivened every Sunday afterpeon evening with baots of masie, and ra¢iapt with beauty and choerfulness, %¢ Petoravurg is full of vessels—moetly old iasuiouet, and aot larger than brigs. Neat littie steamers ply uj and down the Neva, im every direction. Croustadt is fall of shipe—somo tit: teen American among them—but none of tt are cal- culated to give « very high idea of our skill ia paval architecture, as they are mostly olt tubs from “dowa Fast.” We have contioned daylight for some time. it DOW wants ouly tive minutes of twelys o'clock, aod L Am writing this in my room without any otber light than that of the hew You can judge from this. Tho reat Nepskai’? aud other prowienades are full of peo- pie until four in the morning, Great weather for * break 0’ day” boys, but miserebly * dusty’? for burglars. ‘The French View of the Anglo-~Amertcan Queation. [From La Presve, of Paris, June 20.) Public attention ts now greatly excited by an event which bas lately tranrpired during the course of the dis- pute between the United States and England respecting the Central American affairs, and this pre-occupation is well founded. Apart from the direct consequences that thie quarrel might create, aod which, under ether cir cumstances, might have brought about a rupture between 0 great nations, a new light has beeu thrown on their Ve BitUALODS ani) tendencies, Jacts are patent to all. Kogland tried to make en- listmests in the United States for her army, as she did in Rurope, and the United States complained of this procecding as of am evcroachment upon their laws and Dational sover ty. gaged with them iu @ debate fall of barshness and - procal after the application of their inter- its in rotation to the Ceatral States. British goverument commissioned Mr Crempton, Envoy Extraordinary aad Minister Plenipo- tentiary (that is to say, public ininister of second which isto be considered in the question), to negotiate upon this double difficulty with government of the Union. The negotiation had become xo delicate that the United States at first demanded the recall of Mr. Crampton, afterwards they dixcontinued all intercourse with him,'and have sent him his passports, declaring at the same titne that they were realy to re-open the \- ations with any other agent in Rugland, or at home. Fg- land, without much anvoyed, bas the of. fer, She does not retaliate for the dismissal of her minis ter by an act of rectprocity which i often used in sunilar re det she aivavows the acts of hor inin cases. © ister, but feels di aggrieved at the insult offered her in the dismissal of Mr. Crainpton, although she docs outwardly manifest displeasure. Such is the tone the Zymed and other influential journals. What have we to think of that proceeding on so solemn an cerasion? Ip order uot to exaggerate its boariag it is ecertary to remember the principles and the diplomatic precedents dominating those quer , and the excessive deheacy between the two governments. Similar situa rs tions between nations are bot pew events; have been formerly brought about either by the of as all other men, Laman feeblenees, to. which ai are lable, or by the difficulty of the questions «tirred up between patious, aud the necessities which ft brings about. The principles are inanifest aud jndixputable, Fach rovereigh State is master at home. Jt has a right to admit or to refuse, at the seat of it government, the re presentatives of the lowers with which i eptertaing friensly or commercial rela¥ons. TYis right, perhaps ab- soiute, to interdict the territory even to the mere sab- Jects of a foreign State, becomes especially indisputable when there is a question of persons inverted with that particular character of public mivisters which insures to them, iu the State where they are reo*ived, great leves, perronal invivlability, a real power, aad a I+ eX lerntorial authority. Hach sovereign Power bi the right to determine the conditions en which to admit or to preserve in ity territory the other Powers, and to negotiate with them. The Vaited States, therefore, hac an undoubted right to refuse to en- tertain any lenger ficial relations with Mr. Crampton, and to send him hiv yore, it & Meareover, to be ao- knowledgca, contrary to the opinion which seems to pre vail, that they have acted with moderation is first invit- ing England to recat! ber Minster. he diplomatic history «f modern nations furnishes numerous examples of the dual nght of sovoreygu States not to receive or te distmew a public mlaieter © the gerous or only disagreeable to the State to which accredited, We can give, as examples mibisters»—The of Ghent, who refused to vier le Daim and waiter of Louis XT refusing, In 1758, to receive Mr. Goderick, the Minketer of Creat Kritain; Sardinia refuwing, in 1702, to reevive Fémonville, ke. Among the examples of dismissed minie ters, the most remarkable are reported by Ch. de Mar. Uns, (Causes Célébres du Droit des Gens. Vol. \i., pages 275, 464, 482 and following.) Sometimes, instead of send- ing ‘the tinister back, guards were ony given to him. CF. Vattel, des Gens. Vol. iv., chap. 7, sec. 96.) It would be supertious to inei-t upon those precedents, for the most part occurring after or under the pretext of intrigues and plots of forcign tuinisters against the inte rior security of the States, or tie honor of the sovereigns who had revetved them, The law of nations authortees the governments to use, agaust the agents who fail in their duties, still harsher measures than an order to leave, or the mere sending of passports. This right was ured ten years ago by France in « memorable imetance, which cannot yct be forgotten. (The Pritehard affair.) Ret, among the diplomatic precedents which history hax transmitted to ue, we will quote particaurly one, because tt oflers many points of with the present one, and ay me) because it hat quite aifferent conse quences trem those which England expects from the reso ‘ution she has just taken In 1788 a dispute arove between, Rrnvsia apd Sweden m relation to the ambitious views imputed by toe formset 3 the latter. on account of certain preparations: war. nile inquiring for explanations, the Brwwyé Eztraordimaare of Catharine If. ‘ased certain expy esstons which offended more or less seriously the King of weden. The ambassador wa. ordered to loave the king- dom; bot in the meantime the court of fen, in order to show that ther inevtent was personal to the diammsed Minister, transmitted to ite ambassador ut St. Petersburg the necesary powers and ipetructions to continue the negotiations entered upon. is the situation in which the United States and Bngland are placed. The result was different. Revsia refised t continge the negotia- tions throngh the Swedish Minister. She notified bim that ehe should not deal any more with bim in bis public capacity, and that, as ho had to leave Russia, “orders bad been given tw facilitate bis voynge,”” Negotiations continued then through the secretaries of embassy, and (we bope that the will cease here) it had for conclusion a war between the two nations, We do not want to infer from thir precedent that } ‘and ie wrong in not acting as Russia dy. England alone judge of the exigencies of ber dignity and whether she bas to racrifice itto her interests Butit seems to us— and we will take the liberty of toiling hor—that the prin- cipal organs of public opinion in bingiand ought ab- Ftato—at the very moment when they approve, as well as te Parliament, the policy of their government in this affair—ought to abetain, we say, trom certain demon- tratiens, w! either too great a frankness or too great a disdain for the world’s opiuion, tm with grief, for example, that we eee the Timea of june 17, show, on one side, how much “British honor is affected” by What “the world looks npon as an ineult,”’ sud declare, on the other ride, that England pockets her wntrage, but that, in the meantime, she takes adeantage of the concessions joined with it’ | Aart as fur the great canons found in that event by the Morning Poet, demand- ‘De that Rngland sbould prom by it to malatein her eu riwrity in the world, and have che superiority of her inda. vnee admetted in all the waters of Farupe it scems to as shut they ovght t ruggect to that Jounal mora modest entiments and less contradictory yretensions: As for ue, we leave it to the writers who still represent smongrt ue'a forein poicy, w Presee opposed rep years ago with persistence, to pare the conces: cone now mane by knglind. tn her diplomatic relations with the United States, and the hauvhty spir't whieh she sortnerly mantirsted in eirewmetanecs eering an todireot onalogy with the present situation. Let them take re. venge by their sarc nternal «ifficulties rong ht forth by Engl ir a® act cortainiy eacter to furtify than the Mr, Crampton—for ihe diemisrat of a non-diplomatic ogent, whom France hed caught while endea ing. 10 excite against her ons of the kngland showed herself 1 her exigen Tet them compare the fa. which England acoopta (i expulsion of a put superior order, gvilty only of having Wiled thie tions, and the inexorable severity she bowed (9 requiring at intemuity and many other perhaps, still ‘0 tho archives of the mity brought to lieht hy the gathor. ments. We love them willingly Hons satisfaction. Convince? aa test want nd the permanent and, above all things, that & m the United states and “Kngland peace: shows teo much bow she is, for eesenual weate of Mer iodiuey, to anppabiasd ey det aenee which pot only grows excessively in power on the other side of the Atlantic, but which shows an ambi- tion and pride wi perhaps will soon give the Qid ‘The committee met on 17th of June, Mr, Villiers in the ‘The witness called was Mr. of the Board of Trade, who said, ten rely oad Denmark and other countries resi the Sound dues ‘Wus in 1644, and this introduced 4 distinction between privileged and non-privileged vessels, England was one of the latter class, and her goody were subject to a duty of Dg cen cent, in addition to the payment of a rose noble on each vessel. The next Megity wus ip 1645, wheo an arrangement was entered intO with Sweden and Holland, and the whole system of dues reduced to one rule. In 1670 @ treaty, for the first time, was made with England, applying the ireaty of 1s45 to her vessels. In 1701 afresh treaty was made with Hotland, and at that time the light dues were fixed. Upto the year 1815 the sums collected found their way into the private coffers of the King of Denmark, and bis right to levy these dues was gene- rally recognised throughout Europe. In the year@ 1840-1841 negotiations were carried on between our country and Desmark, and the result was the treaty of the 29th of Avgurt, 1541, which Russia, Prussia and Sweden afterwares accepted. The chief provisions of cis treaty were W muixtaln the tariff of the treaty of 1645. It enumerated 40 articies on which « duty of 2 per cent was tw bechargea, and 70 other articles on which we duties were to be reduced; wad iu the case ot 200 other articles the duties were to remain the same as were before; Dut the-sarticies being cheaper i pit ccality mueh higher. The treaty was for 10 years certain, aad might Ne determinan by either party giving 1! mouths? notice. By the Cuanceciox or Tuk Excurgcer—He believed if Fngland were to give such vouce she would be placing herself in a worse position. By the CHAIRMAN—There Was no complalat as to the mauner in which Denmark bad carried out the pie as the bad strictly adhered to the rater of duty spectiied. But cally, iu consequence of the diiterence ia the price of artic the dues were much higher than 1 per cont From the document laid befure the Prussian Cham- bers it appeared the age amornnt of dues was 246 per cent, and this was ‘ally on cofonial produce. From an apalysis «f the 0 ofa particular ship it was shown that (he dues would be 2.15 per cent on cotton, 2.75 on rosin, 1.38 on coffee, 3.75 per cent on rice, &o. In an- other ship ginger paid 8 per cent, and so on, These amounts relates tothe dues on goods, aud wore inde- pendent of tonnage dues, which were charged at 43g specie rix dollars per vessel. Mr. BeowXinG read the charges upon a vessel entering the Sound, which, it appeareu, amounted to 32 rix bank dollars and 28 stivers. ‘the treaty, he said, a fixed sum to vessels above forty tone; below that size there was a graduated scule. e treaty of the United States of America with jenmark was iw 18: and would expire in the present month, In 1848 the American overnment made an offer of $250,000 for from the Sound dues, atid this a] from Mr, Buchanan tw tae Ame! ‘Minister at Copenba- gen, dated Oowber 14, 184. In November, 183, Mr. Marcy wrote a dexpatch, dectining to make the offer, om the ground that the dues were contrary to internatioual law, and ht to be ubolished. Since 184! witness was not aware ee eae tiene made te the Board of je respecting Wie? dues. ‘Those were from Hull and Liverpool, end they complain- ed of the un: qual oj es ution Of the duties, and prayed for their abolition. He was not awaxe of any memorial hav- ing been received by toe Bourd ef Trade from the ship- owners Loudon’ to the effect that the railroad from Hamburg to Lubeck were fr dues, Among the complaints mace to by dues was wi way in which they were coliected, and danger to versels at Elsinore; and tis would be to by other witnes: er. The charges were jag f ths captols of the vesuel oy sie thor cpa toa question by Mr. Bramley Moore, read of the shipping passing the Sound from 11 to 1864, Leper taggers ‘of English vessels the whole numbcr. In 1846 English veesels were 23 cent of the whole; in 1847, 26 cent; in 1848, 40 cent; in 1849, 36 per cent; in 1860, 28 per cent; {n 1461, gt gh 1852, 22 per cent, wm 1853, 2136 per cent; 1854, 12 per cent. CiarKMAN—On the 4th of December, 1854, President of the United! States announced his intention renouncing the treaty of 1#2%, and, in this notice, Denmark took steps to invite a congr nations at Copenhagen to consiuer the question Sound dues, No deppite result war, however, at,and Denmark said she could pot make ‘Ment With one party without the consens of rica refused to pay she dues to Denmark, the effect be to give her yo mi vantage over other she would be Ww monepolise the carry! Several schemes bad been for disposing of question; but the simplest of uil was certainly that of the United States, viz: a refusal to pay After some further discusion on committee adjourned unui Friday. Ferpay, June 20.—The sevlcet committee apooiated to inquire into the operation of the Souad dues met to-day. Mr. Villiers in the chair, The otuer members present were Messrs. Bramley, Moore, Disraeli, Gibson, Mitchell and Liddell. Mr. Pearson was the first witness examined. He said he was cenpected with » mercautile house, carrying on Dusiness in London and Hull. For the last four = their F en HH | iisth H a “i they bad had four vessels trading to the Baltic. he particularly compiained of wa. the detenuon of vessels at Elsinore, by which they sustained « serious joss, The detention in summer was from 6 A. M. to 9’. M.; m the month of March, frem 7 A.M. w 9 P.M. and coring the winter months from § A. M. to 6 P. Al. The loss was caused by missing fair winds, and several other losses acerued to the ship. He had known maay of their vessels compelled to wait tweaty-fuar hoars in the readstead whilst another vessel was clearing. The withess went on to xpeak of the unequal and oppresaver nature of the dues imposed, and the wode of collection. He also complained of the lights ia tne neighborhood of the Sound being inefticient, althougo the dues wore un- derstool to be paid towards keeping up an efficieut light. honse + ¥etem. Vy Mr. Mrremer—We have to pay a commission to the agent at Elsinore on ship a> well as cargo. By Mr. Beawury Moonn—{f the narrow o beyond the Found was better lig wand pbaoyed we should be able te “ispense with pilot ; at what wo have to com- plain of is, that althoug) we bave paid the Soucd & cannot go through the parrew cbaau! of which I have spoken wntil the next morning, beeause there are ro tebee there. If we were uot stopped at the Sound we Seen he rs the narrow cha vei before Try the Cnarnmay—The total ofa voyage to St Peteraburg ane back of ip of 200 tons burtbea would aoe ) That woud inciude all port and other charges. By Mr. Meremm1—The charges on @ vessel laden with: fisx would be seven shillings a ton, ‘ ‘ov a ship of 200 tops ant cargo at the Sound would be £70+ ‘exsel of 200 tone burtben out St. Peters- with a cargo o¥ fax the entire cl would be £.00, and the of this sum paid in Found duties would be £129. On further examination the wituest «tated ce having been refed on «hips in Tez gs canger of the narrow chavuel of which I have Fpoken. By Mr. Brastey Mooum—I coosider that if American shipe did pot pay Sound dues they would get all the cag ying trade from thi country. By Mr. Thetaris—tn the year ISS3 the sumber of Brix tich wemels the Sound wasd 685. A air profit on a vessel would be about £20 aon. Taking the number of Vessels in round numbers 000, the profit io that mre eae . nipping the Sound in 1853 was £1, 00, 40, you thiok thet the the country would be abolished A ad ~~ ‘oe aS aden ckers get drunk when let asl but there was a chance, and Se eee on to hire « boat for the of taking themselves ashore. He strongly 10 paying the Dunes any duce, except for a cousverstion the shape of efficient ight: and booye, By Mr. Greox—More raw. material went to the Baltie now than did formerly. The nations contiguous to the Balic undoubtedly suffered through the exaewon of the Sound dues, and in competition With other counter: especially in the article of linseed, which suifered mate- rially Ry Mr. Merenetr—The trade between the Baltic and Frgland bas undoubtedly increased, but English ship- ping i¢ not now so much employed. ir. Part, an under weiter at Hull, was next called, aod stated that in consequence of the detention at Bisinere, and the risk being greater, the rates of insurance wore higher. He had beard many complaints by merchacts 1 the eperation of the Sound dues, and was ie sired, The comumittee here adjourned to Tuesday at one o'clock, + expo’ des motifs © ortant tented to the Legisiative body to hogs tee becw J +44 hitherto imposed on a great variety of a naa been published, It pouts out at rome length the | measures tutrodaced frou time to Ume in the jatmbets to modify the ere system, The wey mado in 1844, in « Dill lati before Mt duties the severa) articles, but which bill was not passed into wntil July, 1896. The experé then goes om to state from 1896 to 1847 come uthers of the prolibitory Ather wholly or partially ret from tariff, thove modifiexuons further ed im T881, ave from that year to then proceeds as follows -— The government of the Emperor (8 of opinion moment hoe arrived for carryiag into execution ton of the programme of 1861 which concerns f i i att ie F 5 H it