The New York Herald Newspaper, October 13, 1857, Page 1

TH WHOLE NO. 7712. a = = 5 MORNING EDITION—TUESDAY, OCTOBER 13, 1857. ARRIVAL OF THE ATLANTIC, errr FOUR DAYS LATER FROM EUROPE. NEWS FROM INDIA. erry SEVERAL DEFEATS OF THE MUTINEERS. Lacknow and Delhi Still in the Hands of the Insurgents. CRITICAL POSITION OF GENERAL HAVELOCK SPREAD OF THE MUTINY. WENA SAHIB BEFORE LUCKNOW. THE '*NEW YORK PANIC” IN ENGLAND, SLIGHT DECLINE IN CONSOLS, Meeting of Napoleon and Alexander at Stuttgard, &, he, ° by ‘The Collins steamsh!p Atlantic, Oaptain Eldridge, which sailed from Liverpool a} abcut five o’clook on the aflernoon Of September, the 30tb, arrived here at balf past ten @elock yerterday morning, bringing one bundred and ‘Swonty eight passengers, $17,000 in specie, and a valuable cargo of 600 tons. Among the passengers by the Atlantic are Charies 8. Bpence, of Baltimcre, recently from Perais, with the ratif- ‘ation of the Inte commercial treaty ; F. Schroeder, late ‘United States Minister to Sweden ; W. H. Osborn, presi- Gent of the Iitnois Central Railroad; @, F. Train, of Boston; aad P. Biganaidi, tenor, from Florence, engsged for the Asademy of Music. ‘The Cunard sieamsbip Asia arrived at Liverpoo! at 10:16 em the morning of Sunday, Soptember 27. ‘The General Williams arrived on the morning, and the ‘Kangaroo at 4 o’clock on the afternoon of the 29th, ‘The main interest of the news centres in the advices— 8 Sorta cht Iater—from India, Delhi remained in the bands of the insurgents, and the intelligence generally is of a megative character. Im the affairs of Europe the imperial interview at Biuts- gardt was the only matter of interest. 1s was generally wepposed tbat is resulta would be of a peaceful natare. The Journal du Haore says:— A second tender for the transat/antio line of steamers frow Havre to New York has jvat boen deposited at the Gamber of Commerce Jt ts made in the name of MM. mepte purely ena rimply all the claused of” the oabter eopte pul ® i & ea government, placing a certain Bemoer of atibe 1 of the commercial men of Havre this tender bas daly transmitved to the ‘Minister of Finance. = THE WAR IW INDIA, tical Position at Cawnpore—Opinions of tne Bngiteh and Russian Press, dic,, dic. ‘Pelographic despaiches had been recetyed in England, ‘and the mail itself would probably arrtve on the day the Atlantic salled. ‘The cates are—Calontia August 73, and Bombay Sist. ‘The intelligence from Delbi comes down to Angas 12, #4 which time (he city was still in the bands of the ‘nsur- gents, A good dcal of skirmishing had taken place, the rebels being invariably cefeated, but with considerabic jena to the Briuah, @eneral Nicholson arrived before Delhi on the 8th of August, in advance of his force, which was expected be tween the 13th and 16th, when the number of the be Goegers would smount to about 11,000 men, Farther rein- fereements were looxed fer early in September, increasing tho army to 15,000. It was expeciod that the assault would take place on the 20th of August. Tho accoants in regard to General Havelock and the po ption of affairs a\ Ovwnpore arc comficuing, According to ene statemcat ihe Geveral, afler mayobing @ second ume wwarde Locknow and defeating the enemy in two engage mente, found the rebels, to the number of 50,000, strongly Wirenobed at Lucknow, aud hed te fail beck upon awn pare, where, reduced to only 900 followers, he was oxpect- pg 40 attack irom tho ipsurgosts. a gg nk Pa den correspondent of the Lonton Pot ‘that Geners! Nelil bed atieckod and defused a force whio place had Agra dates are toibe }lih. All in the fort were weil ply provided with provisions, but the force was ak anc calling urgenily for relief, The whole Surbtisa population wes va We fort. Buhoor was re-oecupied vy 4,000 mutinesre, but on the ‘MOth of Avgast Havelock aitackod aad carried we po abn. ‘The moat loyal apirit Ly Bo ed muah soldiers tt (be populetion of 10 Pa js! a The accounts from most of ihe native cuasss tz Oontral oat. ‘The revels at Arrah bad been defeated by Msjor Eyre. be Ney por ype aad to which grea: fears wore off quietly. few coae soalealen amongst the troops of the fon- e@aaily suppressed. besa ried. ‘ib a reported thas Goolab ding dio as Osshmere on ine M4 of Acgust General Lioyd bad been suspended, snd was to bs © Wiel, This officer is Mejor-ieneral George Willem Aylmer Linya, 0. ‘and Colonel of the 25vh Re- iment cf Beogal Native Infantry, He entered the miliva Ty service of we Hoporabie Past Indie Com any in 1504, tbat bo it be Bow about bis sixty.sevenih or eixty- sighab year Ho werved in Obina tn 1808, and im the st jack on Java in 1811, for which he received & medal; ae abso in the Pincarree war in 1817, and in Assam, for which be recetved tbo indian medal. He nivo took part with hie em \n tho Chinere war of 1840-'42, for whieh he re- ived @ mede!, apd wee made @ Companion of the Ms.h. Bo obisined ihe rank of Major-General in Jane 20, 1864, ‘and bed commanded the |i) fated Mnapore division of the Ronge army sicce November 10 im that year. It doce (po! spear that be bas ever held any civil of polition! em- ment Martial iaw bed been proclaimed forvidied orn in Beitiah India, pres woe mice eat of wort Darwar, tito; population (1820) 7,660; te works are sirong, amd it held out vigorourly against the Britivn antil captared ia ho that he the nd of Nena Sahib and 8 ‘officer ri saw Af ‘Ske wn to 0 tot on OS Compe amt core The usproloted wale of the island of Jeane, owns roach Yrarast had started ‘& reoommendation that it shoald be garriscaed by French troops as long ae the war A Wlegraphic despatoh from Paris to the London Post, dated Repromber 2°, seye A French telegras Marveilios, ays thai private letters from Ca‘catss state thas the iaijon fe b ginning to: ise ie Sea, Deane and ngileh setlors, and that be ie rai, The merchandise from the Interior mo longe reaches Calowita, and the imports are ecoumulating in the depos =Boyers are net to 6 found. achat. pouring, and the paper of the Rast India Company is as per cent discount. OPINIONS OF THE LONDON PRESS ON THR NEWS. from the Tendon Herald, Sept 30} Various mamaria of ney Ce | | Pa hea g feoetved yor in anticipation over! . The TDioradon derived from thes sources, although Father con{iteting, is, taken golleotively, of » bopefal one, ance cannot be placed 20 the most ering acconn'a, some consolation may be dor! red from saber Noms, of the ac uracy of @hish no doubt need be qetertained. Thos, when we are informed that General ‘Witeon Pas completely surrounded Dalhi, ard cus oi ail commun'cation we must be par toned for receiving the in- ey yp Ly tt 0 the tous te’ a de gpatchen jot Contain the slightort hint of ano a o7m- sormation, so devouity to he 4, Should thie sews prove wo he trie the fail of the doomed city could Pot he mush longer deinyed, aa the rebole would havo wat whetr Inet chance when every possibility of com: pentostion with the mrrounding oowntry wae prevented, ‘The extent of the fortrewe sad the smsvinees of our de. Geging force would not jamuiy us in giving credit } i at i 3 G E Ty regiment had been disarmed. ‘Martial law bad been pro- ciaimed tn Belgaom, and scveral Mahomodans, convicied Of treason, bad been executed. The ude [oe og were manhipg aggressions on our villeges to the north of the Ganges, and seme fears were entertained lest tho con- morications between Allsbabad and Bensres should be interrupted, This part cf the country was ina very dis- torbed oondition, and the prosonce of & strong solumn of Europeans war grest'y needed. There is no great disas ter to chronicle, and this, onder the olrcumstances, is good news. [From the London News, Sept. 80 | of General Havelock appoers, from the a4- the north side of the Ganges, the Goorkas and the civ!! servants st Gorruck pore, @nding Is impossibie o hold Doth that place and 4zieghur, oving em masse aOR the latter In the country to the north and eas; of Gor: ruok pore the civil servants and the ladigo ere mopear to Dave been keo,ing thotr ground with oF 0 moles tetion; but whether this might long Mutiny at Jeligporee, render rainer lematical Fur. Der to the weet the Oc ver bad migat be interru pred. In the nh very }mj State of our information It woud be Tub to A piety inferences from these some movements, They do, howerer, appear to Zvined operation In Bow and Are reported to be pret 1m thers demonstrations that the eastern section of com bined tnaar; aim af the destruction of the force under Havelock, the inference will be inevitaoie that their coun- sels sro directed with something 0’ military skill. if and bi, the mem bers of the insurrection would be scattered to the oulakir's of ihe disterded districts, aod might with ease de surpressed im detail, But if the imurgents from Rohilound to G+ a lor can aovthilate Havel ock’s ite amy defore reipferce mente reacd It, the force before Delhi, with {te anxtiarios im the Purjab end Soinde, will be isolated from the forces collecting st Calvatia, and the Fngiian wt!) de competed to not from two independent bases of tiene, tel: power being thus weake: od by division. |} does tbe fate of L siege of Deid! may ment, lato a secce dary source of excitement. The accvunte received by the prov mail led wa to extimate the effeo tive force 4 than above tay daitalion, tho beaieging Mebowon end bis oola Um! a strange tintoment in the inet Foreign office, “The King ing his Zenana to Rhotuok.’* miles to the northeast of Delh! we to infor from this that the — From the London Ti Sept. 36, {From the: mes, ‘The addtional lars recetved J of the East iodia ate, we most ‘Up Our minds to increasing d Moulty, and the consequent probability of fresh diseters, ta one quarter or anther. Here and there the \ide may be turned im our favor, An herois act, derperaie advaace or atill more ¢e defence, a brilliant vietory or & miraculous relief, # timely panto in the foe or an nvoped for aid, may verve to cone ie na for camuaities of an oppo: tila character,” Dat when things are to the ox Wome, end over) t: ing every @ die, we cannot ¢xorot the chan Wor get Sten eh ebb gen lor tcknow A Wun their yallant defenders, and vir hundreds of (women and children mone zi s : | whet my much that can oniy be recover that we are n yat firet for the anxious pariioniars before ue his foree reduced to 900 men, worn with fatigne. Tt conld not be reieforced 'n love than ten days oF a fortn'cht—that is, in effort, ull the begineing of @en- tember, the mismanaged affaira of Di and Arrah paving bad the etd reeult of dotalning the Queen's continue 9 be the case, the mutiny at Segowlie and the abortive avempt a do inscrgerts were aitacking the villages north of the Ganges, and fears were cnteriained ‘hat the laad commaniracon between Penares and Alans indicate for the purpoe of crusning Havelock. In addition to «the fact that he ie threatened with timuitaneons sitacks from % will be odseryed that teteiet and thove at Dioapore— eatward, asif «th a view to & the Gratior Contingent at Uaipeo, If we may infor In the critical «ato of Havelook’s division. involving as Engite army oefore it ea rather undor 0, According to Mr. Edmonstone, the co- ed by ‘General Nichclsor, which Gas since joined, narobers some 400 men. Adding to thie the Kumeon army might awount, at the I test date to which we have tntelligenos, by rather lene than 10,000 men From the srrival of General in nd body of (neurgenta baa sollecied at Mi ‘nat far froma by the Foreign office, ‘m the form of s despatch from the Indism government the Secret Com mitice reotore. re a staked on tho castor tm feerfal cost,’ how ‘mvob that js sdeolutely irramed able. Sach is the distance ww almost powerless spectators. Whether ‘the British government hae done well or {ti it can do lite more. By snd by. we sii! venture to ruggest what may ach to be feared it General Havelock bes thor far gained mo substantial advaniage in return for the ieee of many vainable lives, At the yt duo, the lob, be wae still st Cawepore, with ont where, tbere ia not such a thing o or its tributaries as steamboat ada purposes of war. No coubdt the navigation of :hese cy by mountain torrents, flowing throu vial piaias, with frequent inandations ard cbanpel, ig nct very casy or always poeri Avgust and Seotenber Rare 5 @ ean See ‘vessels capabie of .teaming © tka two or thi bupdred or Had b r a i g i f Hi i i i | intruders, different im race, in religisn, emd pot lees in dis- tion and marrer. We be 1d, by those immediately Personal infu-nce must be very email, and Prejudices and pcbtical traditions are dead against vs. We cannot, therefore, be either surprised or very indignant to hear of friendty princes, here and there, taking steps thet leave it doubifc) to us, as it to Mhemecives, what line they mean to wonderful that so many stand by Cs chapges to be observed in the latest intelligence ls the abardonment of Gorucxpore. In the previous reports considerable foros cf Ghoorkas from Nepau) had arrived there, spd more were expected, on their wey to join Have. Goroexpore’ and. Arightr, if pomibis, but, ae to aad Aazimgbur, if posibis, but, 1 to abapdon the former. This’ they have done, Fey certainly necessary, if they wore to cientforce te be vecful fartber on. The Disapore muti- peers were last heard of meking for the Jumns, near Qa pee, wit the evident intention of swelling she numbers against Havelock. Some native tofantry, cavalry aud gupi—bad been sont against wm by the Political Agent, but wih wnat hope of success | de hardita copjecture Various porions of the Grand Trank road ore — eS bg oy there bpd ‘be moih- 0 prevent ibe peseage troops, it may be ne- pepe ns them. and soedd day upon un terrible task, possibiy the sufferings, of our people besiog- “jan we hgh ptm he pepe. 1 ite! bow the in tw no longer any talk of a oa Eg i to 11,000, and early in September to wes even try: one account says that we had ty and out off ite communications. repulsed, with fesrful lors to the mvtineers, and at coat to ourselves. In the city they were dishearioned an |. Their wegezine bad been blown up, and 600 ar- Uficers dest oyed, together with a large quantity of sul pbur and re. Th i 5 z Hy i ii i _ 8 | 7 it it il ; He i gs rf as Bot to receive s quarter's pay moat od servite pension. has wow the rack of Ms: ra}, whieb he may, inceed, never hear of, ani ‘not if bis sree saa brie? comman¢ers ip Incia but which will at least De recorded. and remain. after bie death. « oonsolation to his family and [From the Loadom Post, Sept 30} Tt avgure wei! not on'y for our own success in the objet moa! immediatety before ua of quelling the many aed vindicatirg our authoriiy, betas regards the ultimato re- estad!i:hmen| of vor power on a pew and broader basis in India, ‘het the obaracter of (he rebellion daily cegencraies im euch ® marked manner a¢ to foroe the fect upon the ob- servation of all men. Had there r'sen ep among the rebel Army Soy gress chiofien with ge to concetve ® polley or with cepacity ent resolation soMolent to orgasiee aad Droscly found a grest military despotiam, the motloy of ovr Iedlan evidiery might have growa rapidly imto the proportions of & revolution, and then, might have been to rococquer our Kast of betng limited to the eumjorstion cf our ous UW COps, and the riimate orgenizaiion of « new milliary syrtem. Tt is singular that in rising against oon- elfived governmest which has been so long im con- templaiion, #0 carefully prepared, and #0 exteo- ively crganize? as thet in Inds, there should be no ap- parent moater mipa in direction, riiber before or after too cnthreak, Buteo itis. No mester mind seems t bare coneceted ihe rebellion, nor has any arieen ont of its cir. comstances to covtrol, turn, or 10 give direction tol tho peanions od fii hes aroused Sehiv is the mort prominent swong the insurgent commande, pro je CAD tow Oely be me up to the level of a rovolationary ohi deen be seem to he looked to ny hie coaniry men s coming man.’ Hein vow, indeed, litle better than a fe- rorlous svanen'D, figbiing fer life witha rove rovnd bis neck, while ils forces bave fallen from thetr original po titio men, siarmed, rising to anticipate ‘sporobended jon sgainss thelr religious Inetitutiens, to the c20. o ebro of savago marseders, carrying the ty- repay of the sword through their own jand, acd over wg tt for the sake of plunder. The same may be maid of the insurgents who hold Delhi, There, se at Carnpore, bile the Baropesne have deen the sub. jecta of toriere and mordor, the vattye inbatiten® here +qual'y been the vietine of plllare and military exiar-ion ‘The rebel treope sppesr to firht simply for the sake of plarder end be defen-e of their epotl and forteited |i ras. ‘They bave, Inceed, set wy the King and princes of Deibi, but evidently wih no Oxedness cf purpose, and withoat “ actunl founda'ton of # national dynasty. 0 ie an littlo reality in the King of Ueibi aa io an Eug- lish election banner, and hie proclamation bas uierly failed «© eniet the symrathies of the maitve Indian races. ‘This rapid deteriorstion of the rebel army from a sol id the exoerience wa oh the nd the industrious among the popalation of India bad of the loeres end misery lnfiot d by tho ty. Tapry and liver re of thet country men, snot but ome:itole en {moportent aid to as when tho time shall arrive for the ra ete a of cur Indian goveroment and ibe re cetadlien- ment of our yrrition. The tmuticcars have been a scourge. to tbetr own land, aod its inbabitanw wii! regard their con- Quer! a8 & Dieewing, ANd Our reeom lon of power as tants mount toa deliversnce from & pestiienre, Ta thie sente the delay ef the lanes of the conters Is not without Its ages We bare been mab oto preven. the rebels from bariog Weir fing, but ibe move ta whioh they bave osed their temporery seoendancy , and the events which have mirked their reign of ierror, #1! have emitted o Doman doing im India, whatever his religion, or watever bie prejadioos, that nothing bet rotn to praduerion but Ipecourity of ue Pi overthrow the British power, and the institevion of pai! ve despotism 'n \is piace. Were it not, therefore, for te lone of valvabie life ich it hee imvo'ved,and for the eifiction at oh it hes brought to many Frgiieh heartha, Bot Po mach regres the delay wbion lve taken pla ve in qaol- Brg the outhresk, ovr deem it #0 great a misfor ane that the rebels heave so much rr #0 long 84 they aro using It to Pang tb ea The aspect im which reb:ilion bas exbibiter | eel, and the me which it man gers hare made of the cpperion! jes that ciroumetances have given them, must eveniuel’y serve ovr own cause, aad tend, moro then soy event thet has cccored rioce our coonpa tion of the country, (0 etrengthen oot power and coneoll- date oor Indien empire Of meswacres of Furopoane, of women so obiidren sah at hose which beve givens horribie distinction to the cheract+r of thie mating, we hope that that thore wlil be no recar : 4 2 E F iif safety, and © seema to be every ground for sup- posirg that may reckon opon the abilliy the per. Tieon Of Leckni# to hold cut UU freek and f game \ime every nerve shorii 6 s rained, fomibie means wed to reinforce General Ha: should be borne in mind that every action he Gghts, bow. ever eplendid plete even accompanies It, deprives ond cripples bim #8 mach lefest disoom (ite his ¢ne mies. Ib 1+ meet imooriant thet he shou'd be able t» advance and to aleck; yet with ruch reductions as thore which he hee experienced of a force at first oven, and st the best, mort diproperionate, it ie quile evident from his last move ments that bo csnnct, and foeit he cannot, afford to fight We rejoice to wet thet Die cantion amd conduct equal his dash aod va‘or, but his porition Is one of great anxiety. Ft te most importart that be should be abje ty carry out to the foll Die briiant Operations, and we r is rein. forcement a8 & more onee Objrc, and as & more Urgent necessity , then even ike capture of Dethi iteeif, RUSSIAN OPINION pd THE INDIAN MU- [From the Northern Gee of September 3-16 } Phorte'ghted would those = in Barope be who should wish Fnglend 'o #o% or sent joatoe in Rast India. In the prevent state of Industry and commerce England is wdiepensabie for Durope. 1) i true that she receives a uid <g22 i a i i i 4 i i : F z i il Fe which engender disoontens and ro- ace has shown ttself, a juadations, and to preven? hose cocerrences which may giro ® proiesttonew and important conflicta In Europe. The pri ibe removal of all ambitious proj cis and the restoration of mutual comfidence Detween the four head Powe ‘and Prussia. “The jour- or Napoleon to Usborne and then to Ger- many, where he may have an inierviow “ith ano-her tm- 1’ personage, must have important results ip tho jure. We seo in this the pidge of the consclidation of Europe, and we obeerse with pleacure that sven ia land itee If the nec ssily ts felt of friendly relations between 2 that such @ manner of sbing- ing, drawn from exvertence, may be consoiidated on the tirmest fovudation, and not be @ momentary aflurement, ee oe ee een ee None eee ee {From the Northern Bee, Sept. 214 | The Pagush papers are attempting to pers Barepean eoaatcle, people rejoice over ibe fast Tadlaa , rejoice e events, and tbat cur counhy losses which are brought upon ‘Thus. for exemple, even the organ of Lord /’almerstos, ing ‘expressed iteclf. Wo havo alroady cocasion to declare that {m sore other Countries ihe ii) Kag! read with delight, but not in Rassia, We should be jasti joody drames ts a retribaion for Kertch, Odessa, Uleaborg, &c ; bat we do no} venture take such bizh ground, and inthe decrees of the Most what le Momprobensitie forus. At men. a4 ® civilized community, we turn away with 0 of beg in Baatiodia. With incipal meana to those four Powers. fled tu ecnsidertrg lone, oan the eqailloriaan be victim Ya lomses. Our sommer- In this respect the English North Americans, because wiih between the sdvantege acqnirec| an teoog before the golden calf as has infatuated ali peo- plein North America and a portion ta France. Thists what binds us te Hagiand in preference to other countries, SHE VEXY LAGEST. Lovnon, Sept, 30-12 M. The Bombay Times of Avgoat 51 does not mention the arrival of General Havelock at Lucknow, The principal featores contained in the papers have been previously Tho Bombay Times considers that the inteill- Lenco Is certainty of @ disastrous character. A letter from Aboo, datot Augost if sercer, menilons hat the King of Deib! offered to make terms with 08 On Condit oD tbat 96 laine of rapese nana- ally, instead of 16, as reretofore, sbould be secured to him and bis successors. Ho was \aformed thai mothing bet an uncon fitional surrender © uld be nooe) A Meorat leer of the 1¢ bers of ihe mutineers were seen crossing the Ganges, of August mentions taat sam- Garamohiesurghas, 0 | aod 260 more were st Haaper, making ‘Yhe bridge of boats as Delai previoutty. for Rona cund—all cuarmed, le reported brck: non toe Meerut side, and the matineers saation of Sikh regimenta for Delhi ‘e rapidly The mutiscers at Mean Meer bad been out ap, Noeym- pathy was shows to the revels by the inhabitants of the the King's magasine, Jodhpore, was strook by lightning. 000 persons were Killed, and property valaed as 2; 060,000 shor ling desiroy ed. The whole province of Bengal socrus to be in a state of The Civilians at Grjal roireated to Pawa, leaving the treasary in charge of & compauy of ine Gia which it is feared is The Sta raive infantry at Hazarubegh matinied on the vhe prieopere Most of the # there is cvery reason to 301h of Jone, end liberaiot Ruropeavs escaped to Lage believe thai Major Oakes wan k becoming Crowded with fagiitves from all 0 symptome cf divatfertion tm the L2th Bom. tof the Kejabpoou a held 9 & mutinows kroover, sad He then fhed at Brigacior 2FO9#RN NOPE ATHiin y y refused lo give u quare arcond him Morep, when ihres or four of the | Cashed into the equare end cut Lim dome, A portion of the infaniry wero disarmed. The meiiny at Kolapoor wea promptly suppressed, bat Lieotenan® Nora and HcaibGeld ard Eosign Stnbbe got wiray, sod wore mordered. The London Timer Pombay correscondentanye that, “tak. ‘og In cop ider sion aii thes Der ocurred lo the way of cis: ealdeacy, wether |p Rays poo- tera oF in the Sou'br o Mabrate covaly, one Cannot pet ete inet ibe Glrcip!ine and thowiy but eorely giving Let Delhi fail protty q>ick! be 8 Ch ck oF # deneter there or elrew' delay, and I fear teoudlew me timer THK “NEW YORK PANIC.” Ghe Kivect of the News from the United Biates— What they Next Bapect, ge, do From the Landon fimos, Sept, 49 | ‘The commercial advices from New Vore to dev ail ao pron comfdence im the approaching suheden cr of the pamc, out the rates for money and the magnitude of the fai tading place were still such as to forbid che expectation of a sudden rebound The Haotiities of the masafacarieg frm cf Mesme. Ailen, of Providenee, Rode intend, whies hea just rtopped. are stated at £400,000 O- nant, Dodge & Oo , Lardware tmportert; Nowmiin & Co, warenousemen, sad several cthers who wero inciudod in the list, were also houser of good sianding. Un tha Sook Fechange the fae been comprrativery moderate, and the ten Prie Rallway eae qaowd York Ceotral, 71s; Params, no Illinois Oontral, 914 two Dank aiamion was main in the Timer to iteb'e gambling facilities eiforded on the Now Yerk Exonange by tho bron ere allowing t-anpactions to be afleciion tbrogy dont tbe ro, oF evoa ma h (no Prosiconey geuerauly ) sali see bargains to Wirty days, Monro of the speculative brokers, bowsvor, wore anxious to defeat this salutery provigion. tod bad advert eed thet they would continue to transact ners On tbe old priecipia The next arrival from Now 11 De the Arego on Thured: oll letters to-tay mention the failure of Merers. Taylor & Bright, an cid established firm tu the oorn irede. ‘Tro vent is comseqzent on the rocent stoppage of 4 Watson, and it is alinged thas Mr. Bright is indebted on his own sooount £00,000 to that eniablich ment. ‘The trade reports from the manvfacturing Past week aro without any feature of interest, The Maa ohester market bas been imsctive, at a slight reduction, ‘B, but the tone is not anfavorabie. At Birmipgham the to fistnors, althoren, owing to stonke being troderate, qvotations are ttenNy ‘mains panie in Amerion has tempore that counts y for cur various [From the London Times, Sept. 28 | ‘The crisis im the New York money’ market was beldened fo proms of compaleacemce encou to the 46 artare of the steamer les, dUBoahy bed pees in obtaining aonommodation ai the disoonnt 60d paper, while whe banks were disposed to mainiained, Tie money hoped the orders from bis of, money were 1b to $0 per cent for prime commercial Dover, wh very ile tae neide Bare, ana Ht) per cent for second class rates, Most of the recent failure: ‘were believed to bave been ceased by an inability to realize upon te the daily ‘laotustion of felently explain ihe cause & inactivity and ine general in. dopaliea'ls skis mantiel ts tetas commie [From the London Advertiver, Sept 28 } ‘There Lave been no arrivele of t>day, and the public await with considerable anziety later + JSrom America and India. ‘the commercial pauic in New York now sppeara to have become @ more serious aff.ir ‘than was at first anticipated, ano is not conflaed 10 the ne!ghderboos of Wall mrett ae predicted. 1be trading in- ¢ rpoot ments at these purts,and in Manchener, are already hinted Gt, and a series of suspensions ts not considered 4t the comux ncement of the werk mucb onnsternation caused in several of the manafectories of Nottingham, by the intelil thata Jarge American frm, Acker & Harris, merohants, Now York, hed failed. fhe effair bas entailed severe losses on revoral Ni houses, inclading Mr. James Harthorn, lace manufaoc- torer, whore loss amounts to £3,000; Mesers Hine & Mun della, £3,000; Mesere, Wileon '& son, £6000; Messrs. Heynman & Alexander, £100; Messrs. R. Birkin & Sor, £3,060, and several cthers, (he emouate being ag vat ua- known. The total smovunt of the debis is shent £90,000. The msxufaciurors in Leicester and Lovghborough are also great svfferors. {From the London Ban, Sept. 28 } Business in the temile manufactu ing distrote continues et, and the American failures have occasioned some lepression. The Staffordshire ircn trade ro caine steady. The advices received this morpi>g by ihe steamer Asie from New York are decidedly ma.o cheering, the panic and its effects having partially subsided. The rates charged for ditcouns accommodation were still high, ranging from fifteen to thirty per cent, according to the character of the paper, but the banks were strengthening their position, and there was every probability of an early retarn of con- fidence. The ‘ city banks,” in the lsat general return, reduction !a the smouut of outstanding loans money market remains ina very steady position, and notwithstendipg the approach of the 4th of the month, when, as usual, heavy ‘n commercial acoounts have to be made, there !s no increase the currext charge of 534 per cent tho bert ? bills are casily negotiated. There is a good supply, as the Mberal terme offered by the banke and discount brokers for depovita bring @ large amount of capital into clr- culation. ‘fhe activity of tride, as demonstrated by the official retarss issued on Ssturiay, will ain why the inquiry is s0 continuous, for albongh the Indian mutiny and the depression im the United States may affect in |, others improve and thus full employment is found for avatlable means, and an accumulation, which would result in lower terms, t¢ pre- Tatced ted'alt ths tad a greer inert e 1, Wool and silk, also lea . cath, but all things considered, the condition of our com- erce with all parte of the world is an unqualified source ‘When 63 per cent ee the mistmam been esia»iisbed some months, le began to talk of financial and commercial distress, ia rapid suoces- tion edtoted, and increased restrictions were held Rerative profits. During the next few days, the applice- Mons for discounts will no doubt become more numerous, ‘Deoause preparations for the ab}; ut of silver ep the 4th, 8 weil ag the bills falling due at the same time, will be in but additiona) stringency is no} generally appre. [From the London Chronicle, Sept. 30 ) The movements of British commerce during two-thirds of the current year are exhibited in the returns just issued by the Board of Trade. Ia their grove results there tabies present the rame features which for #0 long past characterized these periodical abstracts of our expor) and Import trade. Expansion is stil! the rule. During the Augvat leat passed the totel declared value of exported commodities was £11,188,806, against £10,753,202 In the Coresponding month of last year, and’ £8,891,173 ta ‘August, 1886, Vor tho eight months ending. ‘on the Ist inst., the excortations had reached a total o! eens. exports were £00,164,178. The gross exvansion on the eight moatha’ commerce bas therefcre been almort exacty ten millions, the ere in two years exceeding twenty four and « haif mibjons. If the remaining third of the year should eqasl ihe Ores two thirds ip ite commercial av ivity, tho aggre gate value of ¢ articles in 1867 wid fail very ht hort of 120 millicps. # increase in Britivh commerce ia, as usual, a0- led by many ceciiiations in \he dealings for special dities. Thus, very comiderable sogmentation is hown upon the exports of se, deer, cullery, haber. hery, hardware, lea’her, miltinery, and ‘en msau- factures, modifed, far from counterbalanced, by @ coal, co ton gt ods, linens, ol], seeds, epirie, and retnedmmgar. Tre state of foreign markets, prodact- ivenese of cropr, and variova other casual’ interferences: with the reeniar amount of supply and demano, must al- weys cocasion very considera. perturbadione when vowed in detail It is enovgh, however, for usto know (has, on the w bole, ihe extent of oar profiable commerce ty inerossing, snd that our rade is sproad over = wider range, permeating new channels, and embracing @ more pemercos popalsion of cust. mars. Looking to the foture, we find two canses from which to aoprebend some check to the hitherto overflowing iream Of cur Commercial pretperity. There are, aa we need scarcely ay, ihe ttoprege of Indian trade throneh the Sepey revolt in Benga’; and the reaction upon this country of the exuberant speculation on the other side of the Atiantic, WRich Aas produced something like & commer- clalervas in New York, From neither of these causes Dave ihe full eifrcia been as yet experienced. W. ul their precise nature or it to remember that sagh in'); 1d to be prepared for the omse- q t, the operat! o of both has been regarded chic fly in reference to one varticular branch of trade and mancfacture~ that of cotton. In America, not lens than in England, thin subject ie jartly considered of paramount |wportance, and the commercial public of Liverpool and New York are tr quiring with eqaal amristy Into the probable cow equences cf the Indian matintes epon te supply acd Dries of the artic’o npow whicd acob exen- sive tnterce's havo bees embar vod ‘The erudition of Ibe cotton trade during the current your derable ad aoe a of manofastared Asa Now York nely remane rea wher red, in the de oniton, {he markot Tats exptilenced po corret ondiog deoling ‘Tho inevite. bie resalt bas been to ciminiah, or even in many casee obiiteraie, the margin ¢f promt obtained by she Kagiteh manvfactorers, mony of whom here socorllagly began lo Work short time, or even sesnnded operations aliogs tber. From jhe cirentar of a well koown Mancorster firm, dated 24th Inst, we learn that “there hare been soveral failures amotg tOme of be #matley manafsctarort, #haee milk bavirg ceased to work bave disc muaved t eumption of cotten. There sre live to planters, but » poor tt ral conse qnance of | iP com nerally ¢'4 apd Il! sapied greater coat ope quently rome re ef eottor mn new mills with new atchinery, and any of them may uever agaia besome o.0- factarory’ protite 1 Earlaod stave of things, to depend vpon tnceseant Iieprovemrnte 'n the mecvanical ancer or Induetr'al arrange ments of hi¢ mill, enabling aim to eecnemizs the coat of manufac The | rage of com, petition teerefore Pace belween mmo util owuer ant Another, (hese poscoreed of Inmuicient oa stta\, tmyerfos ization or oder machinery droppin . rloe of raw material ts. rrr oo en only be worked at a consideradly Pr Worh anxiety has never thale been felt even in New York st te; rowpsets of the onttom (rade Among other ate- screendie murpiclone, the dealers in the articia are bagin- nitg to fear that ibe existing state of busin-as te too 20d to lest, The “oottos year’ ie reckoned from Septem ver to September, when the now crop begins to ‘tell’ on the market: and during the t+e'remonth ending on the let int., Its compated that 90,000 loome in Great Britain, nd fem 12,000 to 16 0F0 looms in the Uored Sates, have ceased wordleg, The betokens a large failing olf in Whe domard for raw masrisi, 87 retarna of exports and con sumption, the fact of enoh decline te very plaialy maa! fated, tn the year 1865-4 there were exportet from America to England 1,971,387 bales of cotton, ant io VbE-7 only 1,428 870 bales. The docrea nearly bare a very ty ‘lng increase te shown ja the home con’ pion of cotton, vis. : from 788,009 to $40,;90 bales §=The mare quantity exported between 1866 aed 1867 o i 3 i i 4 i aF ak 4 E zt ie sry af i H E il ree ih i i i ite Ay : He SEE Ar 3 uf ies ui BEE H i f aff Pr E He H fies ely Pea die. Some dircutsien took place as to the amount Jor thete purposes, when \t was Cnally agreed to allow dtrectors to aus £1 preference shares, a\ 10s. easeh, to the extent of £2,000, im order to pay off the liablilties, and pro- vide f YF Operarions. Average weekly circulation. 18 puma Be above wil i the the fol appears to be the gomparativo she cirowlstion:— The private Danks aro below their fixed Waue... £001,005 The joint etook banks are below their fixed lesue 401,482 The returns of circulation of tho Irish and Sootoh Danke for the four weeks ending the 20th of August, when added togetner, give jollowing as We average waenly circo- lation of these benks daring the past month, viz :— Average a@ipeulation of tho Irish banks. .,.,...£6,224.810 Average G@irulation of we Scotch Banks........ 3,922,997 Average cirevaition during the past month .:10,107,807 On comparing the aboro with the Oxed tnsuae’ of the pevera! barke, as given inthe Bankisg Almanac, the fo lowing are to be the # ate of ihe circuiaiioa:— ‘Tro Ir! janks are below their fixed iseae. . £129,688 The Scotch banks are above their fimed issue... 846,733 Total above the fixed issue «» £116,104 ‘The smounts of gold and # head oftloes: ce several banks durwg the past month Dave been aa lowe — Goid apd ng held by the Ivisp banks Gold and ailyi held by the Sootch banks. of Avgcst, and ‘here, combined with the averse circulaiion of the Dank of Eogiaed fer the samo perios, will cive the followicg results of the circulation of notes in the United Kinydcim when compared with #o Previous month — upd, aug 29, 1887 1957. Incr'se. Decr'se. ity 45" Bask of Engiand....19.865.898 19.368 3’ _ 7 DOT Private danke. 3,166.312 — 106,008 Joins stook baniks 2/900,775 = 88469 Total in Explamd..20,417,847 95,786,308 — 682,040 Bortiand - 3997 ATT 3.932007 480 6,433,706 6,224,610 — 908,806 United Kingdom. 86,844,029 36,608,208 — %0e2a S 960, —showirg & jage of £682,449 1m the circulation of notes in England, and a decrease of £960,824 in the circulailom of the United Kingdom, when compared with ihe montn ending tho lat of Angust. And, as comparod witb the | show of notes ia Englend, and a decrease of £634 68 im the ctrovintion of the United Kingéom, Tho average stock of bullion held by the Bank of Rog- Jan¢, in both i, daring the 20h" of August, wae £11,316,595, being @ de: ot £25.91 se Compared with the previovs month, and s de- Seesaw hen compared with the same period yen. The stock *f specie held by ihe Scotch and Irish banks during the menth ending the 20%b of August was £3,21,628, betng a decreaso of £58 36} as oompared with the previous returp, apd an increase of £9,126 when compared wilh bo Corresponding period last year. Chine. ‘The dates from Hong Kong are to Avgust8, anc Swanghae Joly £0. A decaraticn of the blockade of Oanwe river was lasved by Admiral Seymour oa tae 4ib of A be wo ver bad ariived at Heng Kong wit mboat 600 suaners, who were we be despatoned to Oslon ta. ing exe at Hong Kong, be. at Shanghae » loge Desiness bod’ been doce in Vaports. Prices of tes bad advanced both there and at Agoy, Sux was ira. Lacbapge (4. 10d. a 7a. The Imperial Meeting at Stuttgarae ‘The reception of ine Empercr Napolesn at Sugeeds wae Werked witb al! possibie state end ce, emo: while tues of the Czar was very quiet and devond of all formality. ‘The Em prees of Ressia and the (ueen of |: reece arrived a4 Stottgardt en the eveping of the 2th. The imyerial party attended « grand dinner at the King of Wartemburg’s castie, on Saturday, the 24.b. On Han- day moreing the 27th, Napoleon stended macs atthe Catholic oburch, ~- tm the eveniog both Emperors * end their Wwe Oo Money, the 2b, the yy attended the groat aanual agriowiural file } Cannsiadt and in the afiernoon the Czar pence ‘The Emperor of Austria bad quitted Vienna for Weimar, there to meet the Kmperor of Rossa. portance is generally attache? (> th: Great @ritain, The london Ohromicle saye:— Teo onl! for ihe tmomedisio sevembiing of Vartiament te no genera throughout the country, that Ministers aro about, it is eald, to deliberate on. the convenient ime for summoning ‘ouae!!. A proclamation bad been jeened appointing Werlnerdey, October 7, to be observed sa & day of numiliation sad prayer ln copsrquerce ef the disturbances in fadia. the ! eneral Fa volonk nar been fine Bath that ‘ire other » Netti, Ca 6, Nehomon been made Gompan'oas of ibe Order of (be Bath The Board of Trade returns for Angost show an in- crease in exports of £886,000 over the samo month leet year, and the Increaro during the (iret eighs monine of the year ie piated at £10,000 (6 A genera! order ireved from (he Horee Guards on ibe 20th of Sep mber, promotes General Havelock to tbe ren of Major General, “on account of the emicsnt rervices performed by him in lodia.”” Sir RB. W. Carden was elected Lord Mayor of London, af- ter seme opres lion The Far! of Fife had been made s peer, under ibe iitle of Baron ¥ke: meeting 'n 'ondon of the owners of property tm orm pensation for earew: avatained hy private pereove in Jodie, ant complatot was made of the want of vigor on the part of the lodian gov nt, companies of artillery were coder orders for india overinad mail route, leaving Southampton on we 10th Oetober. The American captaiue in "ondon bad contribated £10 to the wife cf Captain Rogers, who wae reowmily harg in Liverpool for causteg the dea of one of his seamen, a& tame time expressing thelr conviction that he was no murderer ‘The second of November is now the day @xed fer the Janneh of the Crent Fastern stoamsbip Meerre Tay lor & Bright, of Hall, iargely engaged in tho corn trade, bad failed The Presbytery of Belfast hed adopted renelutions sl- Pacific, commanded by bim. pking whh all bands, It #ill be observed that nelther Bee nor dete Correaponde * ih thoee connecied ik BO leas of the Ooilins steamer Pacific. Prince Napoleon was sbont to start ard [t was suppose! that he would make an @xaminaiion of the Tathmne of Sure ‘The Correctional Tribunal of Paris bes decreed the seln- ppreen' f tbe “Mysteries a ouphey by Dugene fue yr commenced 18 1840, and sen gonment ar | 8 (00 of 7,000 france, pe Sor ane printer are Likewise sentenced to fine and jonment idding the export of corn and faelittaking he are deen exten led to the J0th of Semen. ‘68. mer Pre hed been ordered to prececd pO TL Aa gals troops for that placa. Mad ile Mache! wae believed ty be in «4 state, For tamily bec, Dy Wlegrapd, boom mummoned to her vite, ‘The Cemprese Rogerie arrived 'a Parts on the 28th for the [CONTINUED ON ElCTE PaGR)