The New York Herald Newspaper, August 12, 1856, Page 8

€ NEW YORK HERALD, TUESDAY, AUGUST 12, 1858. give outsiders at a distance a pretty good:idea of the present condition of things in this market, and &o., &., &. to the Palace, where they breakfasted with Sir Willicm ‘The Roland Reid, returning on board at about 11 A. M. June ‘The New Prussian Gasetle bas © communication from | presence of the sovereign, and driven from their FINANCIAL AND COMMERCIAL. Poder ery tapmewaragery eo ng, 1148 ARRIVAL OF THE ARAGO. vusle-gt tara sau puirele cok tne * | Plsce of meeting "hy grapeatot Mt, te copia a MONEY MARKET. year and last:— 700" do. ts chioe @ Wa Victor Emmanuel, baye been prohibited at | and we hear of « desperate coutest, in which tho Net sal Monpay, Aug. 11-6 P. M. Dacasyp VaLce o” Exrostanoxs. Pr 3 5 1% | Bhe Prorogation of Parliament in wide viel lin aba aioe: oy iter several hour’ sro crushed ‘Toere was # very blue stock ary = Taos” agoe,” Reread. cogay, 3 8 Hgiand. ‘The French foverument . CE eee ee ee ae ment whieh dene Pree gey re inp were large sales at 9,169 1] S596 = c Valence” Sane i ie Etna are the deciine, and the disposition to sell appeared to =) a &..... a1 290 60% QUEEN VicTO 8 6 spreads. At the prosent moment Sara 4, old by aanty cane, ‘The demand for money was active ssa 2000 NY Cen RE 6's fF us aad f wand Granada bave not et submited, The Minty ia f reclaance 4 phegrgagrngce thee Frags oy Reem = 1200 ee COLONEL FREMONT AND THE LONDON PRESS, Shing is port f Sunt alter the pac ; TMiinois Central bonds fell off } per cent; Cumber- * Soe toe const oncenteate tome, dita innd-Coal, 1; New York Central Rallroed, §; Erie, im | Ae eae ae ° The Spanish Revolution. nd are how engaged in. crushing a ge 4 & sock Central, a Scan 600 vA div bis 60" 26 Mich 9 J porte Higateparys provinces. ‘The question is, what are we to think of such Guimgo sad Nock acd. Here bt nt i =| ‘sien, ex 8 Bi] oun aaatrons wits stax, a eet, ey tae, 4 a ak — ab uDWwar) ference from this they can form a pretty correct idea of what is coming. The demand for money to-day was very active, and the impression in the street early in the day was that the banks must have called in loans pretty sharp. When the bank statemeut appeared, and showed a contraction of only about thirty thou- sand dellars, the effect was by no means of a favorable character. I. wasargued that if money was ia such active|dewand withou; any contraction of bank loans, we might expect serious times when the edutraction comanenced. The reduction in deposits is an unfa- able feature in the present report. The demand for money cannot be satisfactorily ac-ounted for by the bank managers. They are a little astonished at the present activity, aud well they may be. Scocks were turned out to-day in large lots. Nearly every stock on the list was freely ofered, and all the cash purchases were by the shorts, for delivery. When stock was taken in, it was put out again immediate- ly, on time, boyer’s or seller's optiou. There are innu- merable causes for this decline in prices, andethese causes will operate strong enough and loog enough to bring about much lower rates. There is no out- side absorption, and there cun be none. Outside hold- ers will soon be obliged to sell, and as for acy new parchases, it is utterly outo: the question. Those who entertain a different opinion uow will soon change their minds. After the adjournment of the board the following sales of bonds and stocks were made at auction by A. H, Nicolay:— $4,000 Cai. & Rock Island Rk. L. E., W. &St. L.& 100 Cleveland and Pinsbu: 40 shares Now Amsterdam !usuranc® Company 60 New York and Erie Railroad Company. , 20 s Fire Insurance vempany. . 50 Insurance Company......... $ Continental insurance Company . 20 Rquitabie Iusurance Company S. Draper will sell, to-morrow, among other secu- rities, at the Merchants’ Exchiuge, some of the bonds of the Lackawanna Rail and Coal Con- pany. These are first mortgnge b>nds, secured upon a valuable property, well kuwn to the large body of intelligent New York capitalists, who have for some time had their uttection fixed upoa this Lacka- wanna coal district. At the second board the market was very dull. ‘The aggregate transactions sum up only about five tuundred +bares of al! stocks. There are plenty of stocks on the market, but there are no buyers. The lower prices go, the greater the disposition to sell. After the Loard stocks generally were lower. Erie railroad closed at 594 per gent; Cleveland and Tole- | N do, 73; New York Central, « Michigan Southern, 894; Reading, 864, All these stocks were offered at these prices, without finding buye, except among the shorts. The market is decidedly sick, and we fear the disease is of a chronic character. ‘The Long Dock Compauy of New Jersey have called for another instalment of twenty per ceat payable on the Ist of September The Arago’s news is vo Ister than that received by the arrival at Quebec The detailed reports of the money aad produce marke's do ovt give as any- thing more favorable. Cousols were fat, without change in prices. Money was more active, andon the Stock Exchange rates ruled as high as four and a balf per cent, Tbe drain of batlion from London ccntinved, and there was no probability of a let up. ‘The arrivals in London from all qaarters were sent immediately across the Channel, and it was the im- pression in financial circles that the drain would be continued. The next Sank of Fngiand return is likely to be bad. We look for a great dearth in the specie reserve. The markets for our ataple exports are not in a very eatistactory condi- tion. Quotations for cotton were withoat change, while breadstaffs were lower, with a very limited “The steamship Arabia, from Boston for Liverpool, on Wednesday, will take out between six and seven bundred thousand dollars in specie. Upwards of have already been engaged, and the proba- that amount will be increased both from port and at Boston. We have two steamers this port for Havre direct this week, and the for Liverpool on Saturday. By each of these conveyances there will be specie shipments. The earnings of the Milwankie and Missiesippi He ings of the road were $47,15%—showing o gain of for the current season. se following sre the receipts of tne Illinois Central Railroad for the montn of July, 1856:— Transportation of freight $59,083 18 Transportation of parsengers. Trameportation of mai! avd express Bent of road, kc , estimate... 7 440 7h 30,630 82 Receipts of Ju y, ‘The increace in the tonnage of the Pennsylvania Railroad over the corresponding period of the past two years must be highly gratifying to the pro- jectors end stockholders of that great enterprise. It ia much greater up to this time than was antici- pated at the beginning of the year: and the proba- bilities are that the remaining five months will pre- sont an aggregate larger than the first seven months’ business of 1856, which amounted to 239,551 tons, The coal trade ef the Allegheny region, which is just beginning to be developed, promises to be a heavy item in the business of the road. One company alone, the Allegheny, it is said has to deliver over 100,900 tons to city before the year closes, , With the shipments of the West- Top, will make a large total. were sent to the Philadelphia that quantity was sent from towns along the road. The at the Philadelphia depot, of flonr, grain were less than during any month of i ‘ e ! i Hy 5 & : E i ; ‘i z i? 2 & a 4 re sevees 107,268 = 648,495 22,600,460 98 865 entire tonnage of the road for this year, com- pated with the corresponding periods of 1955 and 1264, was as follows: — 1856. Local = East... PItttrtadaas ; Sheep or lambs’ 87,922 _ 111,964 24,032 Woollen manulact’s 712,424 1,(88,283 875,859 Woollen yarns..... 179,212 "200,124 20,912 Unenumerated a cles... ese... 993,280 1,077,188 83,953 Total....... +++ £8,168,595 10,661,087 The unusually large increase is shown of £2,492,492, in the declared value of exportations, as compared with the month of June, 1855. Not a single item of any amount appears on the adverse side. Cotton, woollen, silk and linen manufactures and, metals all figure fora large augmentation, and, among other articles, those which depend upon the Australian and general colonial trade present the chief improve- ment. An account has been published of the coinage of gold, silver and copper at the Royal Mint of Great Britain from 1846 to 1855, inclusive, from which the foliowing totala bave been gathered :— Years. Gola Silver, ’ IS4C to 1852 -£28,757,825 £1,246,873 £27,765 1862... 11,952,391 "701,544 9,072 1864....... seeeee 4,152,183 140,481 60,866, ices cons veces 9,008,664 195,611 41,092 Det ccs cececens £55,871,563 £2,284,409 £138,996 Thus, while the average of gold coined in the seven years, 1846 to 1852, was £4,108,300, it has subsequently Leen £8,371,000, or more than double. Meanwhile, the increase in France and the United States has been on a scale of equal magnitude. With * | regard to silver and copper, the present statement shows that the cost of the silver for the coinage of the above sum of £2,284,400 was £2,214,151, leaving a surplus of £70,258; the copper for the coinage of £138,795 coat £69,303. The annexed statexent exhibits the average daily movement in the leading departments of the banks of this city during the week preceding Saturday morning, August 11, 1656 :— Naw Yorks Crrr Bayas. Banks. Leans. Specie. New York... ..33,6€6,453 Mech, Bk’'g Ass. ‘ merce. 10,266,1 10 659 87 HT 121,080 208,863, $8,822 $00,519 81,992 29 1,414,287 » 8 Grocers’, Nassau... Continental... Comm aweall Island Cty. Dry Dosk. N.Y. Exchange Bull's Head..... . N. ¥. County... 361,971 Park.... --2,596,45 Total... .$112,192,522 15, 603 8,676,759 95,220,570 *The Irving lank bas increased its capital $100,000— making a total of $400,000, gr to August 4... Clearings to Auguet 11 Balarces to August 4 Balances te August 11 ‘The annexed statement exhibits a comparison of the leading departments of the banks of this city for several months:— New Yous Orr Sanz. Loans, Joly 9, "88,997,852, 493 1s ban on 748, 3 069 Joly 14, 98,415,492 15,563 '756 7,536,724 85, ae 029,147 15,918,999 7,407,086 82,079,600 100 Lise 18;390;300 Fo4n'b0a Bal ar0\ ae "66..109'774,200 18,280,669 7.714.401 83,141,396 » BE. 101,164,089 14,640,246 7,610,108 $1,045,475 26, (90. ME 994 BOK 13,238,378 7,682,006 $1,178,668 Sept. 1, °H6,.109 428,87 sk’ 964,823 7,620,178 $1,057,210 5.. 100,278,738 12.008, ORB! 661,348 80,442,478 OR 12,218,240 7,771,926 80, 308 794 11,655,901 7,716,492 80,105,141 226 9,910,194 7.724.970 7 es Ogi 11,110,687 1,868,217 77,682, 0a 420 11,198,878 7,840,118 76,515,801 976 19,481,723 7/888, 164 66) 27% 11,165,621 1,828/480 06 ‘OT@ 11,106,208 8,071,608 676 290 10,865,528 8,088,608 400 029,920 11.302,917 7,94 26) ¥2,512,408 5,207 7,779,567 164 92,626,991 11,297,184 7,841,656 082 (189,808 11844635 7/861, 741 ine 98,800,088 11,564,076 7,761,062 51) 04,086,487 12,088.259 7/779, 990 oue . 85,114,000 10,788,009 7'441,046 80,498,959 95,869,299 11,687;200 7/903 '658 $3,504,808 + 96,145,408 11,777,731 7,619,607 77,031,408 © 96,982,068 13.885.260 7.462.708 82,663,528 + 96,887,221 12,733,060 7,406,980 78,018,518 { 97,970,611 15,640,497 7) 82,289,061 | 98/944.077 14,253,990 7/899/192 $2'898.159 99,401,215 15,678,736 7,600,441 88,085,046 '100;746,447 16,896,974 7/604,088 97,080,478 ihn Ries hake Sas "528,208 14,045,094 7\863,148 83,421.17 598,576 14,360,566 7,912,581 89,300,267 745,907 14,216,841 7,043,253 86,186, 048 062,018 18/381,464 8,347,498 41,008, 408 435 12,906,004 8,281,626 91,081,978 "56. 108 iseines etd Het ° ppl [r'ssolant 8718;168 2.810%06 19,317,266 8,642,486 89,476,28% 520 12,708,541 8,488,162 88,729.40 5,969,238 8,95, 007 87,094,20¢ 14,021 289 8/260,161 86,775,312 ae ten 2 955 8,278,002 69,716, 94% 689 16,90 006 Bane ATL Lee 40 490 Faly 12,'66,. 108,748,042 14,598, 400 8.408786 oe ons a0 July 19, '56, 110.873. 494 15,998,181 8,948,243 95.992, 108 No 28. 132.201 ben Me 383 Siavelaes Bee ee a % 21 ‘ 4 ae ©; °56, 112,199,222 19,270 /408 areas weiaa370 The total returns, compared with those for the previous week, exhibit the following variations in the aggregates: — becreare (p loans and cisconnts S08 Decrease deposits . A Decrease in deposits actually 1,697,455 ‘This is far from being a satisfactory statement. The decrease in deposits is an indication of what we may expect when the movement is fairly ander way. The decrease in specie is about equal to our auticipations. A California steamer is near at hand with a million and a balf, or more; but at least one third of thia remittanee is already engaged for shipment on Wednesday, from Boston. The total exports thie week will not be much less than the re- ceipts, leaving the next two weeks’ shipments as 90 much drain upon ur supplies, 850 Canton Co..... 2244 8956 100 do... 60 B29 300 do... 22 100 do... BOO 22 100 Cum Coai'Go... 19 100 do. .bO0 19 200 60 30 100 Nie Tran‘Go,.; 250 NY Cen RR opg 8% 200. do. .bO0 86, 100 Erie Railroad ¢ 69% M50 dO. B95 8ECOND $5000 Con RRbdsb30 92 100 bsClvATOIRR830 73% 70C0 . do. s 10600 6000. de, 1000 Ter Htes aitze: 1.83 85% 12shs Bk om scrip. 1013, 100 IRR DOO 9214 50 Canton Co,.,.b60 2234 Investments in The mining industry producing the most precious ma- terial necessary to our wants, has so high an importance for the developement o’ the public ‘as to call for ey iat earls, Csi on every fact connested with 5 existence, progress prosperty It eupplies he materials for building our cities and con structine their monuments; the coal, to light their streets and houses; for accelerating the motion of s‘eamboats, ‘the cars of the ocean; and to bring up the power of the soma engines indi: for modern industry. it supplies mankind with all the divers metals with- out which no industry nor civilization can exist. Its products are equally needful as those of agriculture, and more difficult to reach; they want to be worked by ‘the union of greater skill and more considerable capital. In agriculture a single man may raise some products; in mining an assoc ation of men is neceseary: hence the necessity of working mines to furm companies. Conse- quently: when we heard around us, ‘“iod deliver us ym mining stock’’ (a sentence so many times uttered of late)—from mining , without which it would not be possible to work mines—it is as absurd as to exclaim, “God deliver us from plantations, farms and gardens.” Although we confess it, this shows for the min ing industry a situation to which prompt remedies are necessary to make it as every other species of industry, ‘the object of legitimate pursuits—of wise aad prudent in- vestments of capital In this country, when the first explorers were mage over by the hopes of discovering precious motals—when hunting mineral wealth was the object of numerous and bold expeditios s against flerce and hostile po} tions —is it not astonishing how little nas been done yet for that object’ When ali the dillerent kinds of labor whieh afford a legiti- mate remuneration to the activity of the American pco- ple are progressing 80 rapidly a8 0 astonish the oldest bations, is it not astonishing how the mining industry, with its chances of rapid tortunes, remains in a state of inferiority, and raises aa an investment for capital, fears ee increasing’ Many causes produce this state of 3. Because masy mining adventures were the ramon So immediate and considerable benefite—decause many tunes were made in a short time—these facts have roused hopes which cannot be always , and 00 sanguine are shortly sucseeded by a discouragement of enterprises which would require for success more perse- versace and energy. ‘This inconsiderate notion of obtaining wealth immedi- ately in mining enterprise prevents perrons making a thorough examination of the chances of mines in such an enterprir—cof calculating what amount of capital will be necesiary to carry it t a successful end. The mning cence, Fo difficult from the great variety of scientific knowledge it involves, is lected, and the number of competent men being rather Micient, the difficulty to obtain candid and rc liable advice leads people, in most cases, to embark in the adventure without svflicient information. For putting up « large building, they call ou architects; for constructing a railroad, on civil engineers: but for opening a mine, sink at ran- dom a shaft, they rpend a largesum in a great many cases to Sud out water more or leas limpid, and then the Gisappeipted .sharcholders exclaim, ‘God deliver us from mining stock?’’ If a more favorable place has been found, affording ore which would pay with benefit ali the work done tor discovery, no calculation or estimate having been made beforehand about the capita! to end of the enterprise, the funds are exhausted when the discou: } ment i when it becomes more difticult to call stalments, apd a good and profitable adventure is wound up when the euccess was near at band. ‘The dieappointment of rapid fortunes induces, to resch the object £o anxiously hunted for, specu lations im stock e Of waiting the bene! trom the adventure iteclf; and in place of working mines, they are gambling in miner, For the success of these operations companies are formed with & fictitious capital; © proprietory with forty or fifty thousand dollars js put in stock at dye hundred and ope million of dol- Jars, and the value of the stock fMuctuatcs below par, in #tead of raising with the deyeiopement of the works of the mine. Hf, in of all these difficulties, the adventure main- talks from ite own resources, it is overrated by use less expenees; the management is divided between the cflice located in a large city and between the office at the mane; for want of competent men the imperfect and too expensive, and the dividends the sin- cere shareholders are looking for never come out, and from every quarter they exclaim, “God deliver us trom mining stock! H We here slightly binted at some of the causes of | the nop-success of mining speculations on paper. We will examine some others, and show how to remedy this state pent and prodlable svetuents otcapial Eg.” CITY COMMERCIAL REPORT. Mownay, Aug. 11-6 P.M. Asum.—The market was quiet, at $6 60 for pots and $7 76 for pearls. Bexapert rre.—Flour—The foreign news por Anglo Saxon, via Quebec, had # depressing influence on prices. and sales were made at @ decline of We. @ Ibe. per barrel, especially on common grades. The sales footed up adout 7,000 a 8,000 barrels, including all kinds, at about the following quotations: — Common to Fxtra Ohio Sout! brauds De, fancy and extra Canadian superfine and extra............. Choice ext-a George'own, Richmond City Mille ond Bt. Lowit.... 66. ceceeceue ~ 80a Haxall and Gallegos... . Among the new flour whi + 900 tices ees 1080 8 10 F hh appeared in market was Venice Milts, from Ohio, and small lote of new Genesee our: the latter was sold at $10 per barrel. Canada wae only fold to a mederate extent, at quotations. Southern four was plenty and lower, with salet of about $09 bar rele at prices given above. Rye flour war quiet at « decline of 34 6 cepts for ne and superfine, Tas stock of corn meal wns light and prices steady, with rales of 260 bbls, Brandywine at $4 12); to arrive Wheat-The market was from Se. to S80, lower, and the decline. Tho sales embraced abow incladiag about 10,000 « 15,600 t $1 6254 a $1 66, and 5,090 do white Canada at $1.53 a $1 65 new Southern red at $1 59 © $1 60; Chicago common pring at $1 20 a $1 28, and Milwaukie rev $1 40; new white Obio ot $1 62. Corn wae Ie. a market Was active, with rales of berheis, including distilling lote, at Sfe. a 67 Westerns mixed, in shipping o a Scothern yellow wae at 6€c.. and white was held at 700. Rye wae bominal, at $4. a Sie. Oats were unchanged. Corrme —The market was steady. Sales of 725 bags Rio were made at 1¢ ye a 11iye., 800 do. notive Ceylon at 1c. a 12Ye , and 500 saats Jawa at 1446 Comox —The sales effbraced about 1,009 bales, The market was somewhat irregutar in prices. Framoute.—There was more oifering for Liver in the way of grain, an? about 79,000 a 80.000 bastels were ergaved, in bulk and bags, at 54d. 9 644. a 74., chiefly at 6%¢4., in bage: 2950 bbis. flyer, to All wp, at Te. 4agd. To London rates were qulet, a! Saturday's quotations. A foreign vessel wae taken Up, to load at Richmond, Vir ginia, with tobacco, for Bremen, at fd. Some mea urement goods were alro taken for Bremen, at 20s. There wes nochange to notice io rates for Havre. To netive at 40,600 a 60,000 bushe: vosbels Southern whi! Go., to arrive, at $1 60 Califor oi were at 27 '.¢. per foot measurement, Frerr 75 bags eoft sbet! Tarragona almonds sold at Tike , 4 months. Finy wae stondy, at 603. 0 6¢ Hinwe.— 000 Buenos Ayres, 22 tbs., wore sold at 2c. ; and 1,724 Rio Grande, at 25¢. Lime was quiet, at 8€c. and $1 18 for common and tw ‘Wor asera weedy with limited sales Navat Stones. ‘of 200 bble. 9 rita were made at 44c., afterwarde held at 45c.. and bbis. rosin sold at $16 per S1€ The., delivered: crude was at $5 06 a $4; and tar was firm, at 82 25. TRovmioxs.—ork waa inactive; sales were confined to 200 a 300 bhie., inclu ‘mess, At $10 Sl a $19 87. and Fetal joe at $20, and 2.000 VOW these were wold, deliver. adte tn all the month of November, seller's option, at p.t. prime was at $1775 a$18, Beef—Sales of about 140 bbla ‘were made in lots at $7 a 87 25 for. country prime, an! 98 25 a $9 60 for country mess, Cut mea’s were firm, at Oe. a Oige. for shoviders, and O%. a isc for bams. Tard. of 500 bbis. were made at 12% 6. a 12%o , and 150 kegs at 185, Butter was steady, at 160. for Ohio, and I8c 9 23¢. for prime dairies of State, Temainder Guba muscovado, thie ly at Rc waive, ‘Wiisner.—Sales of about 200 bble, were made wt OTC., which was lower. ‘The United States mail steamship Arago, Gast. Lines, which left Southampton July 30, arrived at this port early yesterday moraing. The Arago brings 175 passengers, the usual mails, and 650 tons merchandise. Amongst the passengers are Mrs. Commodore Hull and daughter; Judge Willard, of Troy; C..B. Ives, American sculptor at Rome; Vicomte De Thre- ry and lady, of Franco; C, M. Fearing, bearer of des- patches, from St. Petersburg; and C. Ferrero, bearer of ¢espatches from Sardinia. “ ‘The Hermann arrived out on tho 26th ult. ‘The steamer Baltic, hence, arvived off Point Linas at 8 A.M. of July 30. We have the following account of the outbreak at Massa Carrara, m Italy. At Austrian instigation some seventy youths croesed the frontiers, but finding themselves disco- vered, returned to their homes, and all was quiet again. Count de Cavour was ruralizing at present. Later intolli- gence states that the movement at Massa had been com- pletely suppressed Only about sixty persons crossed from the Sardinian territory; twenty were arrested on the frontier. The telegraphic communication had been re- established. The Afessagere de Modena, the official journal of Massa Carrara, which duchy belongs to the Duke of Modena, whose estates touch the frontier of Parma, in its number of the 18th ult. publishes another sentence pronounced by the military commission sitting at Massa, in virtue of the state of siege existing at Carrara. By this sentence four Persons, one of whom is sixty years of age and another nineteen, are convicted of having belonged to the secret, or Mazzinian Society, otherwise called Society of Free- masons, and baving sworn to exterminate the true re- igion, to overthrow kings, &c., in conzequence of which Itwo of the culprits are condemed te imprisonment in irons with bard labor fer life; another to the same punishment for twenty years, and the fourth to ten years hard labor. ‘The London Times of the 29th ult, contains an article laudatory of Col. Fremont, and speaks highly of his po- litical address as “‘worthy of any people and any states. man.” The Cologne Gazelle says thata telegraphic despatch was sent on the 22d to Gratz, ordering 3,000,000 of ball cartridges to be sent from the magazines of that place to Italy, The Minister of War at the came time counter- manded the orders for reducing the cavalry and artillery to a peace footing. Al! the troops stationed in Istria, Oran, Heyermark and Kernthern, bave received the rentes. Prince Paul Esterbazy left on the 24th, with a numerous suite for Moscow. The eame journal contains a letter from Trieste, which rays:—~** We bave received to-day, by Dalmatia, intelligence from Montenegro, which con. firms the rumor that 3,500 men bad advanced towards Cettingen, under the command of Menki Petrowitch. ‘This expedition is directed against the district of Kouci, which bas refused to pay the annual tribute to Priace Daniels. fy Intelligence from Spain to the 26th ult., states that Yuca bad submitted, The Captain General of Navarre Lad superseded the Governor, and sent troops to replace the present garrison. General Ruiz, the commandant of Gerona, had evacuated the town, He was only followed by acompapy of Chasseurs of the national militia, It was not known what direction he had taken. Catalonia was, therefore, freed from revolutionists, The militia of small localities hastened everywhere to give up their arms. Events in Catalonia were taking a course more favorable for the government of the Queen. The Reyo- lutiopary Junta of Gerona had broken up, in consequence, they said, of the arrival of Rosas’ troops. General Ruiz bad taken refuge in France, as likewise the deputy, Hen- riquez Clement, one of the chiefs of the insurrection. Discouragement and disorganization were making rapid progress in the ranks of the insurgent militia. Later intelligence from Spain states that Malaga and Granada had pronounced. The Ayuntamicntos bad pro- claimed against O'Ponnel!. The royal troops bad frater- nized to cries of * Death to O'Donnell— Vira Exparteroe la Constitution!" ‘The Courrier du Havre, of July 29, says:—According to a correspondent of the Gazete de Hanovre. the vegotia- tions tn relation to the Sound dues have taken a favorable turp, and this affair will, it is to be hoped, be settled in conformity with the commercial interests of the Baltic coast, All the Powers, except Eagland, have already siven their adhesion, and are in favor of the capitalizs tion, It is probable that the new propositions based upon this principle will soon induce an arrangement, although some circumstantial diMiculty may arise, especially about the amount of capital required to buy up the Sound dues’ right, The Patrie, of July 80, reviews the events which have lately taken place in San Francisco, and concludes as fol- lows “How will this end’ Itis the more diitioult to foresee from the fact that the Committee of Vigilance dis- poses of six thousand muskets and thirty pieces of can non; in presence of which the hundred soldiers of the Governor make, it must be acknowledged, a sorry ap pearance." . Mrs. Webb, wife of a tradesman of Philadelphia, has been giving dramatic readings at Stafford House, in the presence of the Duchees of Sutherland anda large aum ber of the aristocracy of Fagland. The steamsbip India mail bad arrived, with {ntelligence from Caleutta to the 17th June, Bombay 26th, Hong Kong 1th, and Shanghae 24. The d.«tarbances in Kimedy were over. The revolution in China was progressiog; sixty five Chit ese rebels had been beheaded in Canton in one day. The mother of the ox King of Gude had arrived in Feypt. Redschid Pacha bad returned to Constantinople Intelligence from St. Pe‘ersburg says tuat the water of the Woiga were higher thas they bad ever been in the memory of man. At Saratoll more than 509 houses were ‘nundated. A despa ch from Beriin of fuly 28, « ‘There is a rumor that tho Noapolitan ambassador at Viera bas handed a tote to Connt Baol, from his govern ment, whieh, while justifying the past, evince: a disposi provement. The King (says the note) has an Fpecial commission of eminent persons to in vestigate abuses and point out the means of reform Our latest inteliigence denies the statement that the Russian held porscssion of the Island of Serpents. The Reset ans resented themeelyes there to take posseseton, Dut the arks were before them. The Russians withdrew to Odews for fresh instructions. Toe Turks wil not formally give .» Anapa to the Russian, bet wiil «imply abandon the pla There is something {ike asmali alarm brewing again be tween Russia andthe Western Powers. A letter from Constantinople of the 17th July says-— ‘The fursiane have occupied Serpents’ Island, at the mouths of the Danube. | cannot ted what kind of an o¢ ‘cupation it ix, but the fact itself ts quite certain, ae wel as that the Turkirh government bas despatched a nara’ officer to ascertain the exact nature and all the circum stances of this Ruseian occupation. As this occupation ‘will cause volumes of dipiomstic correspondence, 1 nothing else, it will not be perhaps amiss to say some thing the position in which Serpents’ Iviand was before the war. This isian¢éis an uninhabited barren rock, to which the Runaians lay claim in consequence o the treaty of Adrianopie. That treaty does not make avy ypecial mention of this island, it saye only in genera terms, that ‘‘the frontier line shsii follow the course o the Danube as far as the embouchure of St. George, 80 that, leaving all the islands formed by the dilferent branches of this river in the possession of Russia, the right oank will remain, ae heretofore, im that of the (ttoman Porte, ' and it adds that “it shall not be per mitted to make any establishments or constract aoy for tifisations upon the tslands which shall rem: the possexsion of the Court of Russia, excepting al the quaras tine buildings which shall be therooa estab ie . The Porte, which had recently relit the lighthouse there, bes sent & naval officer to ask explanation. The representatives of France, Engiaad and Austria have taken the matter up Advices from Paris of 28th of July aay— B is doubtful if the Emperor will return to Paris as early as first expected. The residence he occupies hax been taken for another month, and it seems he is not Jooked for in Paris til! the 4th or 6th of August. ‘The affairs of Spain continue to constitute the sole topic Phat excites the slightest public interest here, and even in those there i« just now a lull, altoough the crisis is by no means to be considered as atanend, A few Gage will, doubtless, bring ite rolution. In the meantime, sha! Narvaez returned to Paris this morning, highly in¢ gnant ‘at the rejection of his proffered services, He finds that he lebored under & mistake in supposing that be had Hecome the man of the situation, indi<pensable in H Tho Bultan has remitted, through tee Ottoman Bank. the sum of £1,000, as @ contritution to the Nightingale (upd wa Engiaad, will, it is said, ve for Marseilles this evening. The London Times of July 30, says:—~ ‘The new frigate, of immense size, now in course of building at the royal dockyard at Pembroke—the Diadem —is 60 advanced in ber construction as te be ready to be immediately caulked, for which parpese men have ar- rived atthe yard from Plymouth. e Diadem is the first of the new class of enormous frigates, bailding to the Americans, and, though only to carry thirty- two guns, yet her length and tonnage are equal toa 4 of the line. Her length is 240 feet, aud her tonnage will haspenrts. of 2,600 tons. The armament of this shi will be exormous, being thi two 68 pounders or 8-inc! shells, with one pivot gun of 96 cwt., and 10 feet ia le: » Her epy are to be of 1 000 horse power, and, as mode! is exceedingly good, itis expected she will be very fast. A large tumber of men is employed upou her, as she ia tobe launched as soon as possible, The Doris, sister ebip, is also advancing. ‘The London Times, of July 28, says;— We regret to learn that the severe attack of ophthalmia under which Lord Ebrington has been suffering, and which bas caused him excruciating pain, has terminated in the tota) loss of the eight of one eye, with danzer of #ympathetic injury to the other. To obviate as far as possible thir latter risk, Mr. White Cooper and Sir Benja. min Brodie have determined uj the removal ofa por- tion of the orgar principally ted. A letter from Constantinople, of the 17th of July, eays— It cannot be too often that Russia’s influence in Asia is essentially a mora! influence, and this influence has not only not been impaired by the war, but has ra- ther increased. Never was Russian influence so para- mount in Persia as lately. The Circassian deputation has departed from here with a heavy heart and a deep con- viction of the power of Russia, The anxiety of Russia to keep the Kars territory up to the last moment has like- wise no other object than the increase of this moral influ- ence, especially on the Kurdish tribes. Galignant's Messenger, of Paria, of July 30, has the fol lowing items:— Sir Henry Lytton Bulwer arrived last evening in Paris, on bis route to the East, where he is commissioned to ar- range the government of the Wallachian and Moldavian provinces. ‘The Emperor of Russia, by a ukase dated the 18th, has given to the Archduke Leopold of Austria the rv ont of Cragoons of Kazan; to the Grand Duchess C Michelowna, the regiment of dragoons of Riga; a of cavalry to Prince Alexander of ease, and another re- giment to Count Osten-Sacken, These regiments wil henceforth bear the names of their new owners. THE REVOLUTION IN SPAIN. Excitement in France—Napoleon’s Plans Avowed—The Fighting in the Provinces— Fosition of Marshal Narvaez Defined—OM- cial Changes at Madrid—O'Donnell’s Influ- ence Declining. OUB LONDON CORRESPONDENCE. Loxvox, July 29, 1856, Spanish affairs are still ina state of imbroglio, It ap- pears that nearly every town in Spain had risen. As the news comes through France, the O'Donnell government only allows such news to pass the frontier as is favorable to himself, The three days’ severe fighting at Barcelona ‘was anounced at first as a slight attempt at disturbance. ‘The news that Gen. Falcon had fled from Saragossa has proved false, and we learn by various announce ments that sundry towns have submitted. Now we never learned that they had risea, and yet one is the necessary consequence of the other, Narvaez has been waiting on the frontier like a tiger, ready to pounce upon tae first opportunity that offers itself, but he returned to Paris yesterday, Espartero is reported stillat Madrid. It is said Gen. Pulse has bomberded Saragossa, but that brave city is accustomed to Sighting. The Maid of Saragossa, the Spanish Joan of Arc, is not yet forgotten. I hear that some wholesale executions have taken place, O'Donnell is a bloodthirsty man, and disregard: buman life. Retaliation will follow, When bis meu are caught they will be shot, and we shall Baye a renewal of the fearful bioodsbed that prevailed during the former Carlist war. The French government, after remaining silent for so Jong a time, bas, at last, come out, and, in an article attri- buted by many to the Emperor, approves of the conduct of O'Donpell, Tho Parts Monitewr, of 27th of July, says:— We have watched with interest the recent events in Spain, and we bave approved them to a certain extent, as we fancied we discovered therein a favorable chance for establishing the constitutional government on a firm basis; for France, which repreents in Europe the ideas of 1789, can entertain no other wish than that of beholding » neighboring State, in whose prosperity she takes a dee) interest, avoid anarchy or des) two shoals »0 dangerous to progress and liberty; and, as the Espartero Ministry did not seem to possess either the power to pre- vent exorsses or the be energy to lead a great country, it is patural to hail with sympathy a change of o nature to consolidate the throne of Isabeila Il. Some toreign journals, blinded by their unwarranted preference for a name, have called a coup d'etat that which was simply @ resignation of Ministers, accepted rarely and simply by the Queca after reiterated refusals. if the ri tion had been that of © Donnell, they would have found \t perfectly constitutional, Party spirit should Dever misrepresent things to such an extent, and thereby endeavor to mislead public opinion, The condition of pein had been deplorable for two years: that great country, for so long a time the arbiter of Europe, whose al ¢ but recently waa eagerly sought for, bad sunk into insignificance, It had neither finances, Lor army, 50F commerce, nor aiministration, nor influence abroad. In this difficult position ambitious men, instead of endeavoring to give strengih to what ex attempted to overthrow it, either by flattering the ms of the mob or by attempting to realize danger corders which have agitated Spain for the tant few years murt be attributed te the fatal idea of certal Ministers, iour years since, to make @® coup d'ftat, wh Spain was tranquil and prosperous, and when there no Cogent reason to urge them to make @ sudden chang: tn the laws of the kingdom. For a coup d'état to be legitimate in the eyes of poste rity it must be justified by a supreme necessicy, and be regarded by all men as the sole means of saving the country. We Tsow those who dreamt of coupe d'etat not with » view to modify some institutions, but to sub vert the throne or change the dynasty, either by uniting Portugal to Spain under the house of Bragauee or by establishing a regency. We theret ive credit (mows iui savons grt) to Marebal O'Donnell for having attempted, withoct a oup @élat, wo restore order in Spain, the first a indepensadle basis of liberty. 'e@ give bim ¢@ credit for baving, during the firet momeut of anarchy devoted aii hs care to the reform of the Spanish army, as weil ina moral as in ® material point of view, for it did not suffice to reform battaitons and squadrous—it was esventially necessary to give to soldiers who are as brave as they are capable of great things the only mamsprings for the maintainance of an army, duty and fidelity to the sovereign, and discipline. Let us hope, then, that the recert changes will pat an end to these coups d’état aud to those banetul mia mentor, for it ts our sincere deire that Spain, which con taing so many elements of strength and prosperity, should , in the midet of qmet, the rank which is ber due, instead of descending to the level of certain republics of South America, where neither riotiem, nor civic vir. tues, nor nigh principle are to found, but only afew generals who ¢ieqpute the power with the help of soldiers led astray by empty promises. VIEWS OF THE FRENCH AND ENGLISH CABINETS— THE NON-INTERFRRENCE PRINCIPLE ADVOGATED. [From the London Times, July 29.) The Inte article in the Menitewr on the affairs of Spain Tony de ta¥en as an announcement that the French govern ment approves the course taken by the Queen and her present Minister, and will give them at least its moral fupport. We cannot believe that the pabiic nie of thie covotey will acquiesce ia the judgment of 1! ries, but, a2 France seins not likely to convert a into active iterferenee, and ag England has long aban dove’ the notion that Liberal institations can be establieh y loud by foreign intervention, the disagreement valative than practical, Troating, Mon cur aa merely a0 essay on a politics, we may be allowed to re- mark om what seems to us its erroneous views of a coun- try which has for many years been the subject of atten- tion, but ts even mow but little understood. it are the Occurrences which within the last few doye bave agitated Spain? A constitutional Queen, who holds ber title to the crown by legal enactment against a relative ‘aiming by divine right, has guddeniy dis Misred, or causec to be 3 the Minister who during his bole career hae been the champion of ble go- verntnent im her dominions. Another politician, known only as a resolute and unscrupnious soldier, has been raleed to supreme power. This substiimtion of a n ito. riously absolutist Minister for a man of strictly constita- tional views would seem toa foreigner a dangerous act We miabt, however, be in the wrong. Bat when wo see the actual and immediate reau'ts we can no longer hest tate as to the obaract’r of the change. We find that in ® .rreetion immediately followetin Madrid, and that for this inewrs eotion the new government was thoroughly pre pared beforehand. We find that O’Ponne!l, taking ad- vantage of bie as Minister of War, bad concentrated thousand men on the capital. Tis Sret step was to surround himself with oi aoe who had two years before, when for a fow bours in turned the cannon Of the army against the ‘ret act of the new Ministry was the martial law. The Legisiative Assembiy was dispersed by force, fired upon whea proceeding in deputation to the Queen and O'Donnell, it seems, do not constitute & coup d'ctat. Now, we have no wish to bem on the precise signification of this popular ph ase. Neither the words nor the idea they ex) are English, aud we may bes! well concede to the Sfoniteur stricter accu- Whether, coup e’ he has by vio- lence and in pursuance of a premedit plan, dispersed the Legislature, disbanded National Guard, and ov thrown the constitutional liberties of the country. capnot think that this is a conel t struggles and sacrifices of during sey gd bo years. We cannot think that the man who has com ted this act can be fitly described as ‘ha to restore order to S| ‘9s the first and moat indispen- sable basis of liberty."’ Knowing, a3 we do from experie rnce, that repreesion must produce corresponding resiat- ance, and that, however extended and st it may be, the reaction must come ut last, we are far from feeling that “it is natural to bail with be mcd a change of @ nature to consolidate the throne of Isabella IL.” It is not to be denied that on the Continent England is im many minds the object of suspicion, on the und of @ supposed selfish and Machiavellian policy. We who kpow our own country, bow little the care about fcreign affairs, and how completely in this their goverm- ment represents them, can hardly conceive that the ac- tions of even well informed Continedtal politicians are swayed by a notion that England is always on the watch for the extension of ber intluence in Spain, in Port: Ttaly, and the East. The French politician of Louis Ulzavoon sgaan rages, iat witch Higian. sopreme ations sgains , wi uy; over the second rate States, should take the oad. thts notion, as wild as that of the bourgesis about = jand’s desire to monopolize the commerce of world, was once wide! prevalent, and seems to bave left some tions even % has itself passed away. One of these is the dislike of Espartero which has distinguished successive French govervments, re repubjican and imperial. The chae racter of this well meaning old gentleman is well kn-wn. He has proved himself during a long career an honest, brave and good hearted man, with [sie re to which he has always been ready to sacrifice pereonal interesta. His defects have been timidity and irresolution at a sud- den crisis, a want of foresight, and a nature easily im- ported upon by the kind of persons with whom he was likely to be surrounded at the Court of Madrid. clan who does not feel the are bound to him, no received, but by what likely to be long in office parte- ro one of these, and, consequently, he bas now to lament—if It be ‘ot any use—the ingrati- tude of the Queen, the King, and of O’Donneli bimeelt, his own familiar frieui and disciple. This is the mam who, according to notions now & quarter of a cent oid, is the representative of British influence at Madrid. It is needlese to tay that he has never dune anything for us in Spain, since, of course, there is nothing that we wish done, Beyond our rock of Gibraltar we hoid nothing om Spanish, cr, indecd, on continental ground, and our oniy interest in Spain is that there should be a stable govern ment, under which the people should live happily and develope thc mselves and their resources 1u their own way. Nor bave Eugitsbmen any wish to uphold a constitution merely because it is acopy of their owa. The timeis past for apy such partiality. For seventy years wehavescem the venerable institutions ‘of this kingdomgmimicked with every variety of the sad, the horribie, and the burlesque, by the voprepared intelligence of two hemispheres. We look to the establiabment of Upper and lower Chambers, the inauguration of Prestdente, and the regulation of Par~ lamentary procedures, only with feelings of apprehension aud distriat. Neither from any hope of matertal adyaa- tage, por from any ambition for influence and prestige, now fromany national vanity, bave the people oi this country given their sympathies ty the couse of moderate govern- ment in Spain, and to the man who, to the best of bis ability, has been its constant supporter. Yet it iv difficalt to say how much a supposed identity with British iaveresta may pot have injured that liberal cause which for the present sects 80 utterly wrecked, Ovr London correrpondent adds: — Now, whether the Emperor Napoicon wrote the article or not fs the rame thitg. There is no liberty of the press in France, and the Moniteur is his own Speclal organ. He dwells, you will observe, at greatienghth on the “coup a’ dat,’ Le is evidently jealous of bis reputation as @ performer of those feats of prowess. This article, coupled with the fact of of 26,000 French soldiers on the Spaniat frontiers and two French liners at Barcelona, has given rise again to the romor of French intervention in I doubt it, ws England would not tolerate it. are we to have another Peninsular war? ‘The Emperor bas ordered Prince Louis Lacien Bona- parte, #bo is ip Spain, to return to France. The Prince Jmperiai of France has been delared a sitizem of the Basque Provincee—bis mother being a Spaniard. The Paris Moniteur publishes the following items of in- telligence:— Prrrixax, July 26, 1866. The Prefect of the Eastern Pyrenees has seat the fol- ro ‘ng despatch to his Excellency the Minister for Foreign fairs: ‘The events in Catalonia continue to be more and more favorable to the cause of the Queen. Ty Junta of Gerona is dissolved, consequent, it ip aatd, arrival of the troops of Rosas. General Maia tas ted to France, a well as the Deputy, Henriquez Clement, ove of the letders of the jusurrection. ment and disorgavization were making rapid progress in the ranks of the insurgent militia. Sr. Senantian, July 26, 1856. The French Consul bas sent the following deapatoh to his Excelleucy the Minietor ior Foreign Affairs» Geners) Nebagne i# still at Alagon, near Saragoswa, Ae hos established a telegraph office, and communicates with us, ‘The insurgents of sai have demanded @ sus- ponoien of hostilities fur five days; ithas been grated, ipadier Stnid has waited upon Geueral Echagus, He ia to bring over some troops desirous of submitting. Great clecouregement prevails at a. The truth is be- ginning to make iwelf known. advices are of the Lith, To-day, the 20th, the General informs me of the surrender of Jaca The garrison has been’ relieved and the Governor changed. (ther adv ces reaived at Paris ® nounce the arrival of General Dulce befere Saragossa. {From the Madrid Gazette, Juty 29.) The moment intelligence of reached Bar e os began Ww raise their beads. ‘1he agitation recoubdled when of Saragorra became known, and it evident that a colficlon was imminent. Dering the sigat of the Lith serious symptoms of disorder were observed. In the evening 6t the 1¢th the movement broke portion of the pational militia joining in it. The demonstraiions, twice repeated by the troops to induce the armed groupe tw disperse, being atiended with no result, the military authorities were under the painful necessity of ropelli foree by force. The barricades erected in the streets dol Conde, del Asaito, and de ia Union, which lead to the Bamble, were carrie ye thor defenders riven from position tion to the gates of thecity . They then sought refuge in the suburbes and at the do- pariure of (he gil, op the 19ta, they were surrounded y the troops. The rebels suilered severely. Numerous preoners were taken and hanced over to the Military General Barsols, Deputy Commander of Catalonia, who with the fores under his order, carried three barricades, was wounded. The Ist, 34, 41, and 15th baitalons of the national miiitia have been dissolved and disarmed a following despatch is also published by the azrite:— The Captain Genoral of Vatencia writ ist, one o'clock P.M. Brigadior Plana 19th, the insurgents of Reuse, anc disarmed the Gvard of the town. Tranquillity is completely restored in the province of Tarragona. At Carthagena the dirol- pline and Joynity ot the troops prevented a popoiar move- ment. The Gevernor of the city, General Ping, refuted expect, is anywhere. Ka mands the regiment of Valencia, assumed the ment 0! the piace im the name of the Queen. At withity is re established, aud the portion of the na- militia which effect d the pronunciamente ie being diearmed, Nothing bew occurred in other disartots sub- sequently to my ccepateh of ry 9 2 aingn and Granada bad not set aubmitted. ‘The moderados were streauously exerting themselves to prevent the reorganigzatiog of the Natioasi Gaand, ‘The pr ‘istas appeared inctited to suppurt General O'Donnell, aa the laat hope of the liberal party, but they bad not yet made known their deoisiog on the sabject. It was considered certain that the present Cortes ‘wonld be disrolved. ‘The Cabinet i@ not to publish its programme wotil the entire pecifention of the sovatey. The Queen bad not Miguel as General of the Halberdiora. Tutendant General of the Paiwce, hart liko~ wice tendered bia resi gration, add it was bei ved that ber Majesty would accept it, General Ros de Oiavo received the Grand Cross of Charles 11. Instructions from the roment had heen sent the night before to General Espartero; their contents, bow- ever, bad not transpired, MARSHAL NARVARZ AND QUEEN ISAREPLA—NAPO- LEON'S POLICY AND ORDERS. } The sare of Spsta costings to consulta the say tople thet excites the ae interest hore, anf ven im those there is just now a lull menns to be cimidere! ana ag eg ow ay doubters, bring its solution. Intho meantime Nar revurned to Paris thie morning, highly indignant auieereicetion of his proffered. ser+ices EN tne ro lebored Under # mistake in supporitg timt he gain become “the man of the situation,” bed Pind His ay mey still come, but it has not yet arrived. ere WAR A Certain dignity ® frm of his own yalve ip the manner in whioh mon pro. ceeded on learning that his restless ‘ egain at loggerheads, Town to the he burried, and — calmi ted the moment