The New York Herald Newspaper, May 11, 1858, Page 2

ADDITIONAL FROM EUROPE. DEATH OF THE CAPTAIN OF THE MACEDONIA. The Result of the Financial Panic in Europe. THE ATLANTIC TELEGRAPH. ®ur London and St. Petersburg Corres- pondence. A FRIGHT IN MADRID, &e., &e. &e. The Paris Moniteur of the 26th ult. says:— Travellers who have lately come by railway from Mar- eeilies to Paris have been etruck with the promising and acvanced state of the crops. Cornfields, meadows, vine- yards and fruit trees of all kinds are in the most thriving condition. From Lyons to the capita), vegetation, under the infuence of @ temperature unusually warm for the season, has advanced very rapidly; and, if the present weather continues for another week, farmers will rarely bave bad stronger grounds for anticipating an abundant year. The Paris correspondent of the London Times, writing on the 26th ult. says:— After all, the affair of the editor of the Constitutionne? Though the article which produced ily disapproved in high official quarters, yet there was much unwillingness to sacrifice the person ‘whore name was affixed to it. It was supposed the mat- ter wae arranged, but 1 bave just heard that the proprie- tor of the journal bas served his editor with a legal sum- mons to quit on the payment of an indemnity, If the government keep him at his post, the proprietor of the paper may take the citadel by famine, and refuge to pay salary: while, on the other hand, the government may refase to contirm the appointment of a new editor. Here i a curious position. The proprietor of a newspaper can- pot, witheut the permission of the government, appoint his own editor, whom he pays out of his own pocket! ‘The government finds the man, and the proprietor the money. The retirement of M. Espinasse from the Ministry of the Interior is again currently reported, and gene- rally considered probable. Signor Valerio spoke against the Sardinian refagee bill in the Turin Chambers on the 24th of April. He remarked:— Nor will the rejection of the law render France hostile to us. A similar law was rejected by England, and will — France turn her wratb against a State of five mil- ns of inbabitants which desires to defend its own dig- nity? The programme of the empire is fallen. Its first ‘word was ‘'l’ Empire c'est la paiz.”’ The laws of security leureté publique) prove to what liberty they are tending. ian eympathies, the last words of that programme, will not be taken away by the rejection of this law; because, ‘im the bande of that potentate, they are asa useless me- pace. Giovanni Lane, the Italian murderer of a French courtezan, was hanged at Newgate, London, on the 26th of April. The London Times of 27th April says:— Tm consequence of the satisfactory vature of the last advices from Venezuela the Committee of Spanish. Ameri- ean bondhciders have determined on 4 by the packet of the 17th of next month their commissioner, Mr. E catia, to Caracas to endeavor to arrange for the bquidation of the arrears doe en the foreign debt of that republic. The same paper adds:— It is said that certain representatives of the Western Bank of Scotland are to have an interview with the Chan- wellor of the Exchequer to morrow, to solicit the govern- ment to authorize them to seil the privilege of issuing potes to the amount of £337,000, which they enjoyed up to the Gate of their stoppage. After the efforts already made to screen the directors from oquiry, 1s is impossible © conjecture what favor may not be shown, but the rational cenclueion would be that before the bask should be allowed to derive any further advantage from the privilege a public investigation ehould expose the exact circumstances under which it bas become forfeit. If it ‘de worth anything, and the State allows the Western Bank to dispose of it, the process will be exactly equiva- tebt LO & CC uaLOD to Lbat establishmert. The Dublin Nation of 24th ult. contains the fol lowing :— It ie certain that | oul# Napoleon has at last become the ‘yorce of the Geverals, by whose authority with the army be # evrtained, and thet their voice is unanimously for war. We observe that strategical ines of railway are be- ing formed ip various direchons, those connecting the great naval arsenals, Cherbourg, Breet and Toulon, Xc., ‘are being pusbed forward with iclous rapidity, #0 as te concentrate the forces of tue co “5! within a few hours either on the Mediterranean b to India or at Boulogne, where the channel between ce and England may pe now eaid to bave been bridged over oy the great steam avy which bas been #0 sedulously increased of lave years. Supposing the war takes the latter direction, the French army is buttwo marches distant from the great British capital—the greatest prize that has ever fallen into the hands of a victorious soldiery. In short, war bur become anecersity of the French government, the people will no Jonger enoure tbe iron silence of @ despotic reign witboxt gome relief by the crama of war and glory with whica ‘bey bave always beep amused, and the army are equsliy wearied witb dead camp life when so many netioa® around tbem invite conquest. Let this march on | ondoa be ut once effected (the oocupation of Loodon by a Freoch ‘army ‘s \Gentica) with the desiruction of Rogiand) andthe face of the world is changed. America seizes the con- merce of the Fast; the Mediterranean becomes once more the basin of Furopean trade; England sinks intoa Hol land, and Paris becomes the Imperial Rome of the West and of the nineteenth century. The London News of the 26th of April says:— ‘The presence of a Frence war steamer in the port of ‘Carcifl bas given rise to Bome little excitement amongst the Queen's liege there, The name of the veasel is tue Pelican, Commander Hamelin, and she bad on board @ pial of French bydrographers. The vessel had steamed ‘very slowly up the Channel, #0 that it is at once assumed thai she was making « survey of our coast for the French War Marine Micieter 0 @ an uncle of the commeader, ‘anc that the naked and defenceless state of our Cannel ‘Will be disclosed. It is etated that ehe will go down the other const on her way back, aud the alarmed Cardifiaas plain thet there is n> fortification from Milford Havea to Thorpners Pout, and say that the government ewes it Yo tbe commerce of the country to see to this. Of course the only object of the Pelican was to take in Welsh steam 08) The London Times of 28th of April, speaking of the English Channel fleet and ite organization, waye:— The Ordnance Department at Portemouth are iseulng munitions of war to the lineof-battle ships Victor Emanuel, %, ers, 91, and Cwsar, 91, in readi pees ‘or commission.’ The Cxsar, being fully rigged, le expected to be the firet_commissoned to form ope cf the Channel feet. The Arrogant, 47, will be ewong at harbor moorings this Gay and to. morrow for the adjustment of her compasses, preparator, to berng reported ready to proceed to ber cruising ground, from Folkestone to Southampton. It is reported toat the Hannibal, 91, depot ship of the steam reserve at Porte ih, Captan the Hon. GF. Hastings, © B., will ebortly go to Spithead for @ short time. At present there ® 00 man of war at that anchorage The London Mining Journal of 24th of April oayr ‘The cenens of Victoria, which bas just been completed, vee ae the result ® population of 264.334 males acd 46,492 femaier, making ® total of $10,766 souls The tts! popu avon of the gold mines # estimated at 166,550 of whom 196,000 are mailer and 30,490 females. This is equal to 37 per cent of the entire population of Victoria, The Chinese number 14,275, all males, 23,623 are on toe dgrings and 660 distributed over other pare of the country. The aborigines muster only 1,768. Of the Population 69 per cent only are lodged, 140,402 dwelling in lente and bouses of a temporary construction; and out of the 166.560 distributed over the gold fields 124,891 are wey ing io tents, three fourths of which cenmiat of a rio @ie apartment. | The increase of the general population ‘Whhin the three years of 1955, 1856 and 1867 bas been 178,08, or 73 per cent. The Ocean Telegraph. SPECIAL CORRBSPONDENCE OF THE HERALD. Losvow, April 23, 186%. More van Half the Cable Coiled on the Niagara and Aga memnon—The Verslt to te Ready to Start om the Trial ‘Trip in less than a Month—The Electrical part of the En taryn ise— Rate of Speed in the Transmission of Mestages Increased from One to Sia Words per Minute—Keperi ments of Professor Thompeon and Mr. Henicy on the Ca te V vit of Engineers ond Naval Captains to the Works dn which the Paying Out Machinery ia in Process of Con struction What they Think of tt—Mr. Brunel Inspects the Work—Appearance and Condition ef the Machine, amd us Adaytaldtity to the Cndertaking—The Success of the newt Expedition a Matter of Certainty—The Niagara te Return to New York, and not to Pngland, after the Lay 9 of (he Cable—Fapeted Arrival of the Susquchanna— Another Vaud Wantel— Prine Napoleon's Intention te Accompany ‘he Niagara om the Expedition im his own Steam Vark!, and to Viel New York—Lending an Engi meer, die, de, dhe The work of coiling the cable on board both the Nie Are add AgamemMDOD ® FO\ng OM mort successfully, and there is every proapect of their both being ready to leave Pymouth op their trial trip abont the 20th of next month. The namber of miles placed on the two veasels \s between wevecteen and eighteen bundred, leaving (rom eleven to twelve bundred yet to be pat on board. OF the amount the laiter bas tee bundred and fifty, and the former some fevem bundred coiled in the cable circles. ery atten ten and care bas beep given w thie earentia! pari of the work, and every foot of the cable is minutely inepecied te \t paneer into the circle. When a defective part is de tected the process of coiling is suspended until the impor feet portion of the wire is nd the whole is re ey ced pa manner thai not only eecares the perfect in eu anion of the copducter, but sctual!y addr te the strength NEW YORK HERALD, TUESDAY, MAY ll, 1858 | of the cabdie. There js in fact no department of the work im which there is more ekill and ingenuity displayed than in that of eplicing; and it is particularly deserving of re- mark bere that only in one instance during the last ex- pedition was the cable known to part at aaplicing. This, bowever, requires an explanation, from which it will be seen that the case was an extraordinary one, aud such as under the new arrangement will not be likely to occur again. The eplice had been made at the juaction of the shore end of the cable with the deep sea line, and was not as perfect as could be desired, on account of the difference in size between the two portions, 80 that when subjected to a strain it parted while in the act of passing over the wheels or sheaves of the paying out machine, The second attempt to join the two parts was, however, most successful, and by the aid of a hawser to relieve the spliced portion from any undue strain, it was lowered safely into the water. The continuity was found to have been unimpaired by the fracture, and the cable worked as well as if it had never parted. With this ex- ception it will be seen that the process of splicing, 80 far from weakening the great eea line, has actually a tendency to etrengthen it, and has no injurious effect upon the elec- trical condition of the conductor. Fvery attention then being bestowed upon this important procees, no appreben- sions need be felt in regard to the strength of the cable, which is as perfect as when it first came from the manu- factory. It ds expected that both ebips will leave the Keyham bacin on the 14th of next month, or that they will be able to Jenve before that time. This is very necessary as they will draw so much water on account of the increased weight as to render {it necessary to get into the etream during the spring tides, which prevail then, apd without which they wonld be unable to leave the dock where they now are, for at least another month. The ooiling can, bowever, be proceeded with wheo the vessels get into the stream, as the line may be taken on board from the little steamer Adonis, waicb is expected at Plymouth in less than a week, wiib four hundred additional miles, which have just beea manufactured at the works of Mesers, Glass & Elliott, in Greenwich. With coal and all om board, the Niagara will draw about twenty-six and a half feet of water, and the Agamemnon at least a foot more than that. No time will be lost, you may depend upon it, in getting to sea the moment the cable bas been placed on the two ships. As the nature of the trial trip may not be thoroughly understood, a brief explanation will not be deemed taap- propriate here. The main object to be attained tho- Tough and satisfactory test of the paying out machisery, which was so defectively constructed last year as to cause the failure of the expedition. A complete change, bow- ever, has been made in this importact part of tue work, and Mr. William E. Everet:, wno was permitied by our government to come over here, at the special request of the Telegraph Company, and to whom 1) company bas entrusted the rv of the machinery and of its oon- struction, has been actively at work ever since his arri- val. Too much praise canuot be given to him for the skill and ingenuity be has exbibited im the production of a pro- per machine, and the confidence which the directors have placed in bim has been fully justified by the re- eultofhia labors. No} satisfied with the teststo which this machine bas been subjected, be bas wisely resoived that it shall be so thoroughly tested as to leave ne doubt whatever in regard to its complete adaptability. When, therefore, the Nisgara and the Agamemnon shal! reach the great depths—that is, a depth of trom fifteen hundred to two thousand fathoms—which will be found ata distance of two hundred miles or thereabouts from the southern ex- tremity of the Irish coast, the ends of the cable on Doard of each will be joined and lowered into the sea. To prevent be uptwisting of the cabie, which, it is feared, may occur, op account of the lay of both halves runing in different directions, large Dat piece of iron will be atrached to it in the immediate vicinity of the splice, and thus by the resistance presented to ihe water, the bility of such an accident will be entirely avoided. e paying-out pro- cess will then be commenced aud continued uatil they are thoroughly satusfied with the working of the mwhiaery and until tha: part of the cable reserved for this experi- ment shall have been expended. In the event of any de- fect becoming apparent in the machisery, the sbips will proceed at onee to Piymouth, where i be at once re- medied. Should everything be found 1) answer the expectations of the engineers, aod the paying oat machine be fully equal to the work for which it bas been constructed, the veesels will sail for Cork, where the whole telegraph fleet will rendez yous before starting on the final expedition. This is the Programme which has been drawn up, aod there is no Goubt that it will be fully carried out. In a former letter it was elated that the greatest speed attained by Dr. Whitebouse, the chief electrician of the fos on in the transmiveion of messages through tweaty- tix hundred miles of cabie did not exceed #ixty-nine words per bour, or a little more than a word per mipate. fos ‘was the result of several mouthe’ experiments, but within ‘the last week a still greater rapidity bas been accompish- ed, and as this i# a matter of the greatest importance bovh im the working and paying value of the ime, it is deserving of special consideration. Some ¢oudts were entertaiced last year that if the cable wae successfully laid it could be worked through—that e ignal could be tranem'tied from one terminus to the other. Under there circum- stances the transrnietion of a word a minute was regarced assomething of triumph, and the directors were satis- fled until better could be cope—living io hopes of the good time coming, when, according to pred.c'wn, the rave of epeed should be increased two or three fold. Mesn- while Dr. Whitehouse pureved his experiments with upremitting vigor, but, as it , wih & success not et all commensurate with the amount of labor, and time and money devoted t> taem Up to within the past week or fortaight be labored wpoersentiy with no ower aid but that aiforded bim by the assistant electricians; but Mr. Field, woo, as you are Already ioformed, bas been appointed general manager of the enterprize, and who is m believer in the truth of the old adage, that two beads are better than one, determined to invite the eo of some of the most eminent electricians, not only im Pngland, but in America; and, acting on ‘bat resoluhon, sent ao iuvitetion to Professor Thompson, wbo is one of the most learned and ecientiis ‘men ‘p the British empire, aod who bas made the acieoce of electricity his particular study. Protessor Thompeon is one of the faculty of the highest University in Scotland, Which bas produced some of the most lcarned aod avie men in Great Britain, The wisdom of the course of in- viting euch men soon became apparent from the result of his experiment, For three days be gave bis undivided attention to the aubject, made a large number of experi- ments, and reported the gratifying intelligence to Mr. Field that had done sufficient to justi'y him ia stating that be could send six words through the whole length of wire in one minute; end that, by stl) further experiments, be bad po aoubt woalever be could improve still more on that rate of speed. Bat f have not yet told the whole story in regard to the electri cal it, and the success which bas been achieved in working through the cable. Mr. Henley, who i# also & prominent electrician bere, has beev engaged | . ing experiments, and with no leon gratifying, suc that Professor ia fully corroboratea aod sus. tained by the best ble evidence—toat of a practical vest by another. 5 th ject, succeeded ‘ mesrage al a speed of ax words minute, He does not Mop bere, however; be goes still further, and states that acurrent can be sent through the cable generated by an Pnglish shilling, which is about the size of an American quarter—a rather Lilliputian battery. it must be ac. knowledged. Let bim speak for himeelf. Io a brief statement which be presenied to Mr. Field, at that gentie Man's request, aud wo which be signed bis same, he mye — A. curren’ ean be passed through the cable—tw thousand red milee—genernied by @ ahi ling and & pirce of nme ye anime size, W'S piece of paper Mo'wened with ihe tongue. W.T. HENLEY, It remaine now to be reen what Mr. Haghes, the Ameri- cap inventor, will accomplish, and his arrival is looked for with some impatience here, Should he be as uccess- ful as be bas been in working on iand lines he will as teniah ibe people on thie side of the ocean, who are rather inehmed to regard his claims ut orabiy. Let him double the speed, let him increase t to twelve words o m'nute, and be will greatly enhance the valve of the lice to the public; be will largely increase the worth of the cable not only to the shareholders but to the great na- tions et ether end of the line. The news despatches from Forope, as published in the New Yorw Hrvarn, wil be more detailed, and we eball be fully informed on those minor pointe whieh briefer and more cosy despatches ‘Would not contain. Then the Britieh public will have « history of cocurrences in the great republic and be ‘Ove of the pay ing out machines is faisbed, aod bas bor subjected to the criticiam of « whole army of civil Dave! eng veers, captains and other scient.fic and one entific men. Thie examination been had in the work of devising Dest atapted to the un dertak ng. ence which he acquired on the Inet eTpedition, et which time he wae chief engineer of the Niagara, bas been tursed to the beet account, and has enabled him to construct a machine which bee met with generai approval. The following is & copy of the lettor sddressed by Mr. bveret w We Chairman of the com pany — n— Understanding it is the !nteption of the directors to in- Ne the several engin’ comprised in the staf of the eamers Agamemnon and Niagara to inapect the machinery And ie operation, which hae prepared for laying the cable, [have to request that tbe directors will be Bind enough to address each person & letter saking if the machinery is, in ive, opinion, suitable for, the purpose imtended, And aire to make any for its improvement that be may Geem advinavie. I would also take the liberty of suggesting that ibe company's intereat wonld be well served °, tmeluding in the number invited the ceptaina of the two ships. requrmng Lay yt =F, on the ame pointe ae are required fro engineers. Iam reepeetfully, yoar obedient errvant, wk eVRRERT. OF THR ATLastic Teraorspn Comrax tb thi# Fequest, the following note addressed by the Secretary of the company to the g Uemen referred to in Mr. Everett's letter ATLANTIC PRLAoRarn CoMPax » nDOR Dare Sre—The first set of the completed machiner, Lorpos, April 17, 1858. whieh out the Atianite t om ie at the lane. Sonthwark, on Thursday next, the £24 inst., and I heve been instructed by the direc: tore to aa the favar of your presence in London on that day, 08 soon after 10 o'clock. £, w ye] oe parpoae ie ing ite eapaoilities an 0) ‘opera clon ingurvtet ‘on the further favor, that a: Cd the and also containing any Rueceson you &@ te ene modifications Werein which op 'nion render jt more perfect should you ¥ cortent to he present, your expenaee willbe defrayed by the compas Tam, « i, ec'y to 0 ‘The following are the names of the gentlemen to whom the foregoipg wvitation was sent:—Captain Hudson, of ; Capt. George W. Preedy, of Agamemnon; Capt. ¢ Gorgon; Mr. Joshua Follansbee, Chief Engineer of the ; Mr. Faron, Chief Engineer, and Mr, McEllwell, Aesistant Engineer, of do.; Mr. Hoare, Chief Engineer of Agamemnon; Mr. Moore, Assistant Cagineer of do.; Mr. Morris, Mr. Samuel Canning, H. Cutford, H. Wood- house, Mr. Brunel, J. S, Gilliats, Rev. W. Mitcheil, Messrs. C. &J. Johneon, Mr. J. Bower, Capt. Nollotb,R. N., Mr. W. Tafling, Mr. Kiddle, Mr. H. Stephenson, Mr. W. Brown, M. P.; Prof. Thompson, Mr. Gurney, M. P.; Rev. G. C. Schwabe, Mr. Pickering, Mr. Pender, Mr. Peabody, Mr. Logie, Mr. Le Breton, Messrs, Lampson, Johnston, Horaby, Harrieon and Dugdale. The majority of these gentlemen were present, and among them Mr. Brunel, who has gained such a world wide reputation as an engineer, and who is one of the greatest scientific men of the day. Mr, Brunel is the son of the consiructor of the Thames Tunnel, and is the ar- chitest of that eighth wonder of the world, the Levia- tbap. He is about forty years of ago, of a plain, but good natured and most preposeessing exterior. Like all tru men of genius, Mr. Brunel is ® modest and anassuming man, and is what might be called the beaw ideal of s me- chanic. Among the convocation of scientific men who as- sembled rena song examine and pass their verdict upoo the machinery, he was the least conspicuous ia per- sopal appearance, and certainly the very las; who would have been selected as the great Pnglish engineer. He accompanied by his son, perfect fac simile of himself, having, however, the advantage of being a couple of inches tailer. Tbe two were the most democratic in their manner, in their dress, and in their general appearsuce, of those present. Mr. Everett expiained the priaciples and details of the machine to them both, after which the father and son had a little quiet tour of iespection to themeelves. Mr. Brunel expressed himself a3 much pleased with the whole affair,end hig confidence ia its guccessful operation. The machine was ruanirg during the whole day, and accomplished all that wae claimed fcr it. An illustration of it was published in the Hexacp cn the Sth of March last,and your readers are therefore tolerably familiar with ite appearance. But there are some of the details which may be referred to bere. The sheaves, of which there are two, are each about five feet and a kalf in diameter, with four grooves four and a half inches deep. The cable passes around the aves four times, and is prevented from surging by the depth of the grooves. From the sheaves it is delivered over a smaller wheel, about two and a half feet in diame- ter, fromm which it is passed to an indicator, which by an admirable arrangement is made to show the exact strain upon it, and which is also connected with an inventously contrived application for relieving the strain in toc evens of the failure of the seif releasing brakes to perform their part of the work. The brakes, however, are fvlly efli- cient for the service in which they are employed, and re- Jease the cable from any strain to which it would other- wise be subject after having reached a certain maximum. This maximum can be fixed at any amount from oue to five tons, but will not probably be allowed to exceed one and abalfor two tons. The difficulty of arranging tnis part of the work to obtain an object so desirable was one of the greatest obstacles in the way of thg undertaking, but it bas been attained, and the machine is now ss perfect and as thoroughly ada to the work as it is pos sible to make it. brakes are Mr. Appol’s invention, and have been adopted by Mr. Everett after @ most rigid test. The moment the strain on the cable exceeds the fixed point, the brakes are released and the sheaves, freed from their pressure, revolve with mucb greater ease, while the cable passes out with more facility. Itis in fact utterly impossible to put on an over amount of jure, and such an occurrence as that which caused the ws of the expedition last August is beyond peradventur® At that time the parting of the cable was produced by the difficulty of releasing the brakes, and by the stoppage of the paying out sheaves when the pres- sure of those brakes bad been increased. 1s was wrovgly penditure of cable in tne paying-out surplus allowed over the distaxce pes of conzection, and the brakes means of preventing such a lose. Unfortunately, however, they were applied when the stern of the ship was in the trough of the sea, and when the etrain was proportionately reduced, so that tbe drag- ging force was insufficient to keep the sheaves between the two were put on as the or wheels revolving. — The page of the wheels and the Fsmouly bras releasing the brakes in time brought a strain upon the cable greater than it was ever made to bear, and under which ityrelced. This was the sole cause of the disaster, and the main object, therefore, as has been stated, was the copatruction of & machine which would of itself aot as a corrective—which would, in fact, be self acting. Now this, let me repeat, bas been accomplished, but only after upceaging labor and exertion. [Day and night bas Mr. Everett devcted his attention wo it, with such assistance as be has from time to time received from others,and he may well be preud of the result. lis ‘ing yesterday was certainly calculated to inspire one woo ob- served it with confidence in the accomplishment of the undertaking. The trial was most sacceasful, and al! ore- sent appeared to be satisfied with iis operation. Aow- ever, We bave yet to hear whatever suggeetions they may ceaire to make. It is bardly prodebie that among so many there may not be some who tbink they can improve upon the work, sod whatever suggestions they bave to offer will doubtless meet with that conside. ration to which they are entitied. The op.aion of auy one who wae present at we leet expedivion and who hata fair opperiunity of witnessing the operation of laying the cable is however worth # dozen from those who have not had the advaniage of such practical experience. The report that the Niagara would jay thst nalfot the cable which i¢ to Dave its landing point at Valentia Bay Ivelaad, je {ncorrect. Sne will take the Newfoundland portion, and will not return to England, as has been erro- neously stated. The Susquebanna is expecied bere some time next month, but if our government desire to aid the evuccess of the undertaking still farther, they will sead acother venee!, as the British government intends doing, to nctas a guide in leading the way acrov the telegrayn platean, The Erglich portion of equadron will const of three ebipe—the Ay yempon, her escort and another w t by—and goee ahead of the ships to show the direction in which they are to steer. This is rendered necessary im consequence of the difficulty of steering correctly on board the cab'e ships, as the immense quantity of iron affects the needle, and aa for the escorts they may be wanted at any momect for towing, and they cannot therefore be relied upon for guidess Th ‘deen informed on reliable authority that Prince Napoleon expreesed bis intention to Mr. Cyrus Field, ‘nt visit of that geuiemaa Ww Paris, to accom v > in his steam yacht across the platesu. for the purpote of seeing the laying of the cable. He will airo sccompany her to New York, so the municipal au thorities there may be on the Jook oat any moment after ‘they sbal) have beard of the Niagara's arrival at New- foundland, Some rather amusirg paragraphs appear occa. sionally in the London papers regardiog the Atiant'c tele _ ‘among Which | fod the following which 1 extract rom thia morning's Timer :— Aten Admiraiiy for personally to the any. 7 the purpose of communicating hia vie directors of the Atlantic Felegraph Com; it will po doubt astonian the ited States Admiralty” to learn that they bave ‘lent’ Mr. Everett, as it has sur- wrised Mr. Everett to bear that be bad beea borrowed. writer of the paragraph should certainly bave in- formed himeeif more accurately in regard to thet gentleman's position, and should at least know that he did not come over here for the purpose of communicating bis views , but to euperviae and direct, at the re- quest of the Atlantic Company, the machinery for paying out the cable. This is the object for which be has been “lent” by the “United States Admiralty.” Our St. Petersburg Corresp »ndence. ‘St. Prreeswcna, April 12, 1958, Retirement of the Ministers of Finance and Public In struction— Their Succesors— Progresmive Ideas in the Ad- ministration of Public Affairs—Anticipations of a Speedy Rupture betwern England and France—~Probable Neutrality of Rustia~Popularity f a War with Aus The Faster holidays, which fel) this year in the Res tian calendar simultaneously with the improved or Gre gorian chronology, have been signalized by some impor- tant changes in the perme! of our government. The Minwter of Finance, Peter F Brock, whore retirement bas been acnounced for the last tweivemonth and more, hae at last been eared of his port:feuille, and conmigned to the peaceful shades of the Goruderstoenay Sanate, (Coun cil of the Empire). He isa man of fair average talent, well verred in the routine of business, and made a very good Minister of Finance in quiet times. but he has neither the graep of mind nor the practical ability that is required to remodel the financial admicistration of the conntry in conformity with the scientific principles of the age, and t open the new sources of revenue that are indis- pensabje for carrying out the schemes of reform and that Dave been inaugura‘ed since the com- mencement of the present reign. The revenue ia atill ool. lected according to the forme of the last centary, the me chinery of the financial eyatem 's clogged by an odetinate adherence to antiquated rules and observances, and though the taxes are lighter In Rosme than in any other country in Europe, they are so unequally distributed that they preae With intolerable weight on certain classes, while others, who would be as well and better able to bear Abem, eaeape root free. Senator Kalaxevitch, who hae sueceeded M. Brock in the ministry, wae for many years Director of the Treseary Department, and bas the reputetion of an able faancier; it remains to be proved whether he has sufficient energy to undertake a thorough reorganization of this branch of the adminietration, and & estab) aba due balance of re ceipts and expenditures without recurring to foreign jones ‘and the enormous issue of treasury notes which used to be the invariable resource of his predesse- sors. The great reduction in the army, which has everywhere (except in the Caucasus and Basters Biberia,) been placed on the peace eetabiiahment, will greatly facilitate his task. bot it would not be amiss if the Pmperor were to assist hima litte by reducing the ex penses of his household, which are really excessive, and particularly by refraining from those costly journeys to courts, undertaken by bimeelf and the various members of bis family, which have long proved so heavy ‘a drain on the !rmperial treasury. Arcoond change in the ministry has been occasioned by the resignation of Abraham &. Noroff, the Minister of Public Inetruction, who hae been replaced by Eugene P. Kovalevely, privy counsellor and chancellor of the Uni- versity of Moscow. M. Noroff ie a man of great erud) Von, whose travels in Sicily, Faypt and the Holy Laad, and translations of the classics, bave eecured him a dis tinguisbed place in Russian literature; bot he ie « wan of the old school, considers the general diffusion Of education a8 fynopymous with the spread of revolutionary ideas, ia of opinion that ta schools and universities should rather try to form good Christians han profound philosophers, His successor, Gospodeen Kovaleveky, was formerly an officer in the mining department, and is @ brother of the General of {hat name who was killed ‘At the siege of Kare, and of the celebrated traveller who made some noise afew yeare ince Py the slecower? of. paid diggings in the south of Fgypt, where he hea sent on a ecientific expedition ‘by the late Emperor Nicholas. The new Minister gsinod great popularity lately by the exergy with which he took the part of the Moscow students, who bad a fracas with the police, in which several of them were severely hurt, and one of them died of his wounds. Toe Caiet of the Police, General Timesloff Bering, endeavored to hush up the affair, but Kovalevely insisted on a etrict investi- tion being instituted, which resulted ta the distaissal of that functionary, and the inflictioa of exempla- ry punishment on three of bis subordinstes. General Bering being @ connexion of M. Noroff's, tue latter was placed in an awkward position, aud it 1s generaliy be- Jieved that this affair was the proximate cause of his re- Kinquishing office. His adjoint, or uader Secretary of State, Prince Viazeuski, who is a beter poet than s\sica- man, bas retired with him, aud been repiaced ny Priace Cherbatof. Altogether our ministers have by no meaus 80 cay a life of i} Dow as during the late reige. Ucder Nicholas they were generally sure of remain og in undis- turbed of their offices and emolaments nvtil they ‘“ghuffied off this mortal coil,” or were compie‘ely super sunuated. As long as they enjoyed the Emperor's oonf- dence it was quite immaterial what the puvlic thought about them; or rather the public were soourtomed to think that whatever the Czar did was ‘‘diecreetesi, wisest, best,” and that he invariably solected the rigo: men for the right places. Now, however, people are beginning to think for themeelves, and ibe consequence is that Alex- ender Il. has made more chaoges in the last three years than his father did in thirty. We have been too much engroesed here lately witb our own affairs to trouble ourselves much about forelgn poi- tice; nevertheless, the state of things in Western Kar ope, and in the Ovtoman empire, is exciting a goo1 aval of attention in our influential circles, and governmect is uietly, but actively, preparing for future emergences. Sooner or later a breach between Napoison ilf. and hog land is jooked upon as inevitsble. Tne difficuites aow nding may be slurred over or patched ap for a wn), Bat it is ct thought possible that two Powers #0 cou gious to each other, but actuated by gach 02) princi ples, can long continue to exist eide by side. The close alliance that was cemented, not by sympathy or a ¥im larity of character, but by a momentary accordance of interested views, has already mate room for mutual sus picion and ill-concealed dislike,and the moment does hot ap far distant when the smothered embers of discord must burst out into open enmity. It bas been a question with many bow fer Napoleon would be justified in depending upon the co-cperation of Russia in case of hostiliies with England, and Iam not sure whether this topic was not proached—of course in the moet guarded and distant man ner—at the late conferences at Stuttgardt. Whatever may be said of Russian statesmen, it has never been denied that they know how to keep a secret, and I have not the slightest pretensions to be in their confidences. Ii, how- ever, anything of the kind was hinted at at Stutigardt, I am inclined to delieve that the answer received from the wore and Privce Gortchakoff was not favorable. Im- m ly after the close of the late war there wae incon- testibly a feeling of great soreness against England, weich was enhanced by the language of the British press, who, pot daring at that period to find fault with their formida- bie ally, _ ito their diesat'sfection at tae peace in use of ; Dut since then the angry passious oa both sides have cooled, and calm reflection hss taken the place of the petalence of dissppointment aad ibe irrita ion of defeat. Even the tone of our organs of public opiion is changed; the Indian mutiny was discussed on the whole with firmness and impartiality, and ove of our Pog Toa age the Rosski Viestuik, recently contained an article in whicb the British rule in India was warmly defended and declared to be conducive to the bert inte- rests of that country. !f, therefore, Napoleon Ill , after reverging himself upon Russia for the campaign of 1812, sbould feel himself callei upon to punish * perfidious al ” for Waterloo, 1 am of opinion thas our government ‘would confine itself to a strict neutrality, though !t would very possibly insist at the eame time that a similar neu- trality should be observed by other Powers. France and England would be welcome to fight it out among them selves; but if either Prussia or Austria should be inciiued to interfere—which, by the way, is cot likely,as they both adhere to Fallstaf’s maxim discretion is the Detter part of valor—Russia would interpose her veto. After all, we bave no such great reason to be wrathy with Jobo Bull, and to assist in compa‘sing hie dowafall. He tried bard, t is true, to drive the Wascovite barbarians out of Europe; but not only did he fail in his weil meant endeavors, but be gave Russia such an impetas, by the war he waged us, as has opened a path power and ry bich ane would probably have never entered upon without it. Nicholas] waea maa in bis way, Dut be was eesentia'ly “‘uctiatera!”’ in bs ideas. Be clung tenaciously te exploced maxims of policy, aod if bis system had been pursued for teu years longer Russa would bave been left hopelessly behind in the marcb of intellect apd modern improvements. As I was saying, bowever, government is silently taking measures to be 10 readiness for avy event that may bappen to necessitate e dieplay of force. The firet corps d’ armee, under Gene ral Labintze!, which bas Deen stationed in Poland for the Inst three years, bas been reinforced by the second, com. manded by General A!rosimofi, and the third, uaterene- ral Wrangel, bas received oraers to approacn the froa- ers of Lithuania Theee three corps form the graud army upder the command of Michael Gortecbakom; the three others are quartered in the interior of Russia. Tt is the movements of Austria thet are watcho1 with the eatest vigilanse. The penchant of tha\ Power for fah- in troupled waters ‘s sufficiently notorious, and she ‘would bo doubt be too happy to make the troubles in the elavonic provinces of Turkey a pretext for extending her infivence that quarter. is, however, Roseia is de- termined net to allow, and in cage o* need would not heri- tate to oppose any such atiempt by force of arms. la fact, nothing would be more popular here (han a war with Avstria, aa there ina impression that it was the ne that invoived ce inthe late war, by Prowising us their asa stance and then leaving the lurch. Oor Minister of Foreigs Affairs is seid ‘thie feeling; but as any interruption of the peas Tope would reriously interfere with the radical ‘that are going on in the internal organization of the Em- pire, no effort wil) be spared to maintain it, and a war de- monestration will in all probability suffice to restrain Aus- tria within due bounde, Mr. Buchanan's ate . ‘War Message About pain. [From the Jourpal du Havre, April 27.) In our issue of the 24th inst. we have given the translation of a New York correspondence to the London Times, in which it is said that Mr, Bachanan proposes to make a political question of the acquisi- tion of Cal i that he held ready to be sent to Congress message, recapitulating all the causes of complaint against Spain,” &c. As oon ashe heara of this correspondence, the Duke of Rivas, the Spanish ambassador in Paris, hastened to send a telegraph, in which the facts were stated with the usual brevity of the electric jangnage. This waa published in the Gazette, of Ma- drid, created an intense excitement in that city. Jt was afterwards communicated by Mr. Gut- tierez de la Fega to the Cortes, in the sitting of the 20th of April, when the Sec of War gave some despatch from the — and read a de Rivas, in which it was stated that that “message of war” emanated from a private corres- pondence and not from an official source. Tran- — by those explanations the Espana of the 4th utters philippics against the United States. The future will tell us what there is true and serious at the bottom of all that. Marshal Peltaster’s in London—lts Effect tn [From La Patrie, of Paris, April 26 } . . * * * . What larly merits attention is the language of the Dake of Camby , and the reception given to the observations of the Queen's cousin by an as sembly comprising, a8 he remarked, men of all opi- nions. Never was a more sinzere or complete homage paid to the policy of France, aa well as to the merit of our officers and to the valor of our soldiers. Never was the atility of the Anglo-French alliance proclaimed in a more lofty manner. If Marchal Pelissier represented faithfully the senti- ments of France, the Duke of Cambridge also ex- pressed on this occasion the convictions of his sovereign and of all England. When the élite of British officers assembled around their commander in chief in order to pay a tribute to the sovereign of France in the person of his Ambassador, we may be rmitted to think that the intelligence and honor of land were more faithfully represented in the United Service Club than in the taverns of Leicester square. [From the Courrier de Paris, April 26 } . * * We trust that the Univers will this time ae something more than ‘‘ etarched complimenta ” in the cordial and warmbearted language addressed to the representative of France by the club in question. American Fillbusterism tn the Caribbean Sen. [Translated for the New Yor Henatn from the Courrier de Paris, of April 27.) The New York Heaatn announces with a certain ostentation that despatches from St. Domingo have been received at Washington by an ex Consul, who was commissioned to lay before the federal adminis tration a statement of ition of affairs in the unfortunate republic of St. Domingo. The New York Hrnat 78: It seems that, in virtue of @ treaty made by Mr. J. Filiott, the United States Consul, the Bay of Samana will be ced forever to our government for a naval station. We are to have the right to erect fortifications, &c.. and to become — Spanish portion of the Island for an indem- "France wit undoubtedly endeavor to oppose whater: obstacle ehe can to the vwlenoes of the treaty, but Fog. Jand will lend us a band, f necessary, to establish a naval depot at Samana. This news is announced im snfficiently formal terms; if we were not acquainted with the diplo matic habits of the United States, and the overween- ing vanity of the Yankee press, we might believe that theannexation of Samana, against w! France and England have straggied in concert for several years past, is now and forever a fait accompli. At the time when General Cazeneau and his lady tried 6 obtain from the Domini can government the cession of that bay which commands the entrance of the archipelago of the Antilles, and even the coast of Central America, it Will be remembered that the New Yorx Hanaip jm 5 precisely the same news, (perhaps ti purnal has re-copied the text of this news from its files,) and yet at that very time General Cazencan was forced to take his severe for Washington, after having completely failed in hiv mission. This result was due to English and French diplomacy } conjoined. —TRIPLE SHEET. Does England now forget that, three years ago, her interests were absolutely opposed to encroach- ments by any other Power on the territory of the Island of Hayti? She is too skilfully mercantile in her views to have changed her opinions on that eub- ject. The United States cannot, therefore, rely on er Support on this question. As to France, she knows too well the value of the colonies which she still possesses in the Antilles to expose them to the dangerous vicinity of thé North Americans. She knows that the only means to pre- serve those islands is to fortify the small empire of Bagh against the attempts of the annexationists, and not to allow the Yankees to take possession either of Samana or of the island of Lamaze (Na- vaza). Once masters of that rock on the eastward and of that bay. at the westward, the whole island of Hayti would ‘ultimately belong to them, and Cuba, Jamaica and Guadaloupe would s0on fall into their hands. Three Powers, including Spain, are, therefore, bound to oppose the encroachments of the North Americans upon Hayti. Their immediate interests would be endangered, if, as the New York Hsravp gives usto understand, time were afforded to the Jatter to fortify their positions. As to their future interests, those Powers will have to take into consideration the fact that serape *snota field large enough forthe activity of 1! nations of the Old World. Emigration, commerce and industry, multiply their relations with the New World. It is upon these that their future views are fixed. Ifthe Americans are allowed to out their plans of invasion, which they do not take the trouble to disguise—it they are permitted to acquire Mexico by purchase, to buy Samana, to conquer the weak States uf Central America—all that immense continent and all the European colonies will finally be annexed*to the great republic; it will have intro- duced there the products of its industry, and have established everywhere a monopoly ruinous to the foreign flags. Masters of the Antilles, the United States will render the entire coast of Central Ameri- ca unapproachable, and take possession of the route cf the interoceanic trade between the two oceans, as the English desire to get hold of the Isthmus of Suez, between the Mediterranean and the Red Sea. Just as the latter wou'd like to make an English lake of the Mediterranean, so the United States enter- tain the ambition to make two great Yankee Jakes of the oceans. But if the interest of Great Bri- tain is opposed to this last scheme—if she is bound to thwart the views of the Americans in the An- tilles—France must struggle in America as in Europe to maintain her rights wherever they are estab- lished. Ata period of public disaster she may have allowed a part of the Antilles to be captured from her; she is now too powerful to permit, wherever it may be made, any attempt against her maritime or commercial domain. The cession of Samana and the occupation of the Island of Lamaze (Navaza) are facts which may be strictly considered as at- tempts of this kind. The European Powers will oppose them. Has the republic of St. Domingo—that Power whose exist- ence has been condemned from the hour of its for- mation—that nest of disorders and permanent ele- ment of dangers for Hayti and for the security of the Antilles—the right to endanger thus by a single stroke the free possession of the European colonies and the future security of the trade between the two worlds? The answer to that question is not doubt- ful. It must be negative; for, if international right does not admit the occupation of an island like Navaza or Perim, it will not suffer a republic, which can hardly be said to have an existence, (since it is the prey of civil war,) to alienate a property the an- nexation of which to another Power than that of Hayti constitutes a peril to the neighboring colonies, [From the London Star, April 29) If our readers will look at a map of St. Domingo they will discover a@ little island named Navaza, situate between the southwestern coast of Hayti and Jamaica. This island formsa part of the dominions of the Emperor Soulouque, and indeed it is only some thirty miles from Cape Tiburon. It possesses con- siderable value, as, like the Chincha Islands off the coast of Peru, it is covered with extensi its of gaano, several propositions for the exportation of which have been le to the Hayton government. Great excitement now prevails Hare. in conse- ‘quence ot a party of American filibusters having estab- lished themselves on the island without asking the aed peels neh bade y They teidanip active- ly en; in dy up and ex] 1o— a vents which, if her remain Laat ay ry will find too profitable to care readily to abandon. On hearing the facts the Haytien government immedi- ately communicated with the American Commercial Agent at Port au Prince, and requested him to make the Cabinet at Washington acquainted with what bad taken place. Although the United States hold no diplomatic relations with Hayti, (the latter being a negro State,) we hope that in a case of this kind the American Commercial Agent will not hesitate to transmit to Mr. Buchanan information which it ia »o desirable for him to possess. Slaveholding echemes of aggression and conquest, especially in regard to Coba and St. Domingo, have been #0 openly and unblushingly avowed, that we own we regard with suspicion every movement of the Americans in that part of the world. They have systematically fomented ublican part of St. Domingo, and within the last few years they have endeavored to purchase the island of Samana, the possession of which would have greatly promoted their buccaneering designs. We hope that the occupation of Navaza may be nothing more serious than an attempt on the part of a number of lawless adventarers to make its deposits of guano a source of profit to themselves. Still their presence there cannot be tolerated unless Hayti is prepared to abandon her sovereign rights, and to court proximity to danger. We confidently look to Mr. Buchanan to discounte- nance these unlawful proceedings of American citi- zens, and to require them to respect those principles of international law which are universal in their a) plication, and can no more be modified or altered in the case of a black State than in that of a white, As yet the Haytien authorities do not appear to have adopved any measures of coercion to get rid of their tbublesome neighbors. We earnestly hope that such steps on their part may not be called for; and that, if necessary, Lord Malmesbury’s friendly offices will be forthcoming to bring about a satisfactory settle- ment of the difficulty. & fects of the Financial Crisie In Enrope. nen the London Times (Cty Article), April 26.) following interesting statement has been re- ceived from a careful correspondent, showing the results of 151 of the suspensions (including five large banks) which occurred daring the commercial crisis, with a total of liabilities to be met of £41,427,569, (€207,137,845,) and on which the de- ficiency now appears to be about 19 per cent. Oat of fifty-two London firms sixteen to have paid, or to be about to pay, in full, while of the pro- vincial houses the uamber that have attained this conclusion is only nine out of sixty-nine:— Resert oF 4 StMMARY OF THE StaTeMenT oF ArraTRe ScrsirreD BY One Huwpemp axp Forty-six Mrrcaytitx: Pues asp Five Bawks, wien Scsrevven Parwert DeRe@ THe PERIOD OF TH SommerRciAL Crisis, PROM Tom COMMENCEMENT of NovVEMRER, 1867, TO THE ExD oy Frnrvany, 1808. Claims. To consideration claime...... Total... 126 £9,239,709 Leese urplos oF infuil.. 16 London firms, .. £1,094.595 9 covnty firms, 300.474 1,494,809 Total...e.. 160 £7,754 ,000 From a commercial report lately published at Co- ——- it eel 207 failures took place in eomark during the late crisis, of which 77 were in the capital and 130 in the provinces, Jutland being the greatest sufferer, of the house: recent origin and had traded beyond their means. S me old establishments were, however, induced to speculate, and have lost the profits gained during ey yee of legitimate commerce. The provin- cial banke are blamed for the reckless manner in which credit has been given, and it is stated that the national bank of pn mene wy is not fanitiess in this particular. The commercial disasters, it is said, would have bpd pny if the Danish govern ment had not the Hamburg house of Pon- toppidan & Co. 7 The French Beaten Financial Difficulties of rs [From the London Times, April an) Ry far the most usefal and reepectable function of the French legislative body consists in the Co nag sion which it exercises over the budget, or rather in the publicity which it secures for the financial mea- payld the government. LAL. eo u u may, through the complicated {lonere’ of the hich ender Wmponaibie to” So whiel jer it italista and of tax; . some curiosity LE on creat in entrance Imperial reasons is assets, and France haa, in ten lg gt to contract additional obliga- tions to the amountof £112,000,000, The three loans which were raised for the support of the war In the Fact amounted to about £60,000,000. The remain- ing £52,000,000 represent the cost of disturbing or- der in 1848, and the still more expensive process of reestablishing it in the gorgeous form which it at civil war in the re- | present exhibits. a nominal sinking fund ppeared balance sheets, but the revenues belonging to it have, after the ordi: fashion of sinking funds, been appropriated to the current orpenece of successive years; nor have they been cient to restore the equilibrium. The total expenditure, including certain public works, 8 about £70,000 000, so that sci rably exceeds our own; but the very different mode im which the ny of England and France are jrawn up renders an accurate comparison difficult, and probably fallacious. The French civid list is | treated as a portion of the national debt, and it is not unusual to follow the same precedent by making ta or annuities in the form of charges, not on. annual revenue, but on the public credit. The funded debt, properly go called, a charge of from £14,000,000 to £15,000,000, and the floating debt, including not only exchequer bills, but the property of the savings banks of municipalities and of other local bodies, amounted at the beginning of the present year to more than £32,000,000. England, with its enormous debt bequeathed by former generations, has certainly no reason to be ashamed of the comparstivs results of a financial policy at_the same time bolder and more prudent. French financiers have submitted to a chronic deficit, and have almost doubled the pablic debt during the same Tee which has been cha- racterized in England by the most extraordinar, financial prosperity. The Russian war, the deart of 1856, and the co esp ii bagi Loot excuse the seeming extravagance of the Imperial system ; but the irish famine cost more than all the national! calamities which France has suffered in the last twenty years, and the wealth of England was sown broadcast during the war by sea and by land to an amount which exceeded even the large expenditure- of France. It is scarcely a matter of boasting thit this country is richer and more peaceable than the most prosperous State on the Continent ; but it may be safely asserted that the traditions of the Ex- chequer and of the House of Commons are more favorable to sound fiscal administration than the doctrines which find favor at the Tuileries. It happens, sgialy enough, that the same number of the Moni ontains the report on the financial scheme for 1859 and the examination of the defini- tive balance sheet for 1855; and it is remarkable that both the reporters, in the name of their respec: tive commissions, intimate but a qualified and conventional approval of the financial proceedings of the government. The prospective budget is so far satisfactory that it holds out hopes of pro- ducing a surplus applicable to a moderate sinking fund; but, as the organ of the com- mission forcibly remarks, the value of a sinkin: fund mainly “depends on the Soany ani genuineness’ of the operation. The legisla- tive bedy is naturaly dissatisfied with a mode of proceeding on the part of the govern- ment which renders the publication of the budget to a certain extent nugatory, and at the sime time destroys all hope of a financial equilibrium. The supplementary or extraordinary credits which are from time to time opened by the ministerial departments, are, in the language of the reporter, the greatest enemies ot public credit. The accumu- lated deficits resulting from this cause amounted at the beginning of 1857 to the enormons sum of £38,000,000. The government is with significant earnestness complimented on its de- termination to commence the year 1859 with a strict adherence to pec credits, op which the 0} tion of the sinking fund is altogether contingent. Praise avowedly undeserved as satire in the thinnest possible Ce my and the legislative body is not content with broad hint of its discontent with the Imperial system of finance. The report shows that the apparent equilibrium is only rendered possible by a temporary increase in the per centage of the direct taxes, and it forcibly insists on the necessity of reducing the general ex- nse of administration. In the present condition of ‘rance some credit is due to the frankness of the sug- gestion that every individua\, every joint stock com- pany, and every municipal corporation might tind the same excuses for an excess of expenditure over reve- nue which have been thought icient to justify the extravagance of the State. The honest remonstrances of a body certainly not deficient in complaisance or in loyalty will exercise a beneficial effect in quiet- ing the alarms which have been occasioned by recent. eccentricities in high quarters. It seems certain that the intelligent classes in France entertain no de- sire at present to purchase barren glory at the cost of two or three hundred additional millions of debt and of ten more years of deficit. The report on the definitive budget of 1855 ex- presses the same dissatisfaction in still stronger terms, while it illustrates the grievance of supple- mentary credits by some startling details. In that ba the cost of the additional buildings of the alace of Industry exceeded the estimates and vote of supply by £130,000, the works at the Louvre by £150,000, and the execution of the will of fapoleon I. by £160,000. Among the other unau- thorized items of expenditure are various sams paid for the publication of the works of Napoleon I., for the funeral of the Minister of Marine, for a public Hie for the Council of State, and for the Opera. expenses of the loans and of the floating debt increased the supplementary credits by more than £2,- 500,000, and every one of the nine great publie offices contributed its share to the irregularity. France is a great and wealthy country, and in its mediaeval system of customs’ duties it possesses a neglected hoard of wealth which may in some more enlightened epoch become largely available; but no household, public or private, can long be maintained while every functionary is allowed to help himself so freely from the common funds of the State. The total excess of outlay ia 1855 over the eati- mates and supplies amounted to the almost incredi- dle sum of nearly £40,000,000. The greater part ot the additional expense mast, of course, be buted to the war; but the report proves that in other department of the public service the limita of the bndget were exceeded with the most reckless indifference. The heavy burdens which have been entailed on the nation will, however, be fully compensated if the government is induced to seek a mode of escaping from financial complica- tions by relying on the advice and cooperation ot those whom it professedly recognizes as the repre sentatives of the people. Obituary. ADMIRAL CARDEN, RB. N., FORMER CAPTAIN OF TUR Petrea, which we lately reported as saved from wreck 00 the Chichester coast, died at Portsmouth, (| 00 Saturday, April 24, of amallpox, and was buried atthe old cemete! The hearse was covered with the “‘ stars and ,”? and escorted by the crew of the ahip to the EE interment. The United States ons), M. Pappa- , leo attended the ee. Mar LONDON MONBY MARKET, {From the London Times (City Article) oy) markets, ‘consoles bave closed to day (Tuesday avin han ame eae Bwana morning were sheng Ute. There was Memon a the foreign exchanges this afternoon ana there ‘Was no altoracion from the rates of last The final quotations of the Frene! per the Pans Bourse this even. Tuesday) were 6M, 600. for neney, one 697. 450. for the end of the month, showing a ecovery of a quarier per cent. The railway ‘market ban been steady, and at one peri 1 of the dey aturther advance had taken plac’: toward the clore, bowever, there was a partial re-action, and the Binal quotations vary to only a slight extent from the } In American seourivies, [linots Jentrat prices yesterday. ‘were firmer. meeting of the Committee of Rankers beld yorter was resolved that, tp the event of the peony check except by future achievements may be considered: