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WEW YORK HERALD, MONDAY, FEBRUARY 6, 1860—TRIPLE SHEET. ff il i 1 E [ f re if g z ES regi hit Feat Ultet Hy fl 4 i i i H i i li Es % Hi i Hf te 3g i wert age Ee3 ee H fui ue (a iar fre $f Sei <8 bentllly ft il i iH i i if i E | Ff rE ; fi IMPORTANT FROM EUROPE. Arrival of the Asia, with Two Days Later News. The Great Commercial Move- ment in France. Immense Effect of Napoleon’s Mani- festo throughout Europe, Opinions of the French, British and Russian Press. What will be the Effect on the Trade of America. THE WAR ON THE CHURCH TEMPORALITIES. COUNT CAVOUR AGAIN PREMIER OF SARDINIA, | The Irrepressible Confliet as Seen in England. American Abolitionist Exiles Afraid of Seward. THE BENICIA BOY IN LIVERPOOL, Our London, Paris and Berlin Cor- respondence, a, ee, ae. + The Cunard-steamship Asis, Captain Lott, which Jeft Liverpool on Saturday, the 21st of January, at ‘nine o’clock in the morning, arrived at this port at half-past four o’clock yesterday (Sunday) even- fg. Her advices are two days later than those brought by the City of Baltimore from Queenstown, and published in the Hxraup of Sanday morning. The effect of Napoleon’s newly declared com- mercial policy had produced an immense effect thronghout Europe. It had withdrewn public at- tention from the Italian question and concentrated ‘it on this great measure. Lord Cowley is said to have returned to Paris with fall power to sign the new commercial treaty between England and France. It is alleged that the treaty will take place in England forthwith thongh not in France for eighteen months to come. At a banquet given by Prixce Napoleon to Mr. Cobden, in Paris, the Prince proposed a toast in honor of free trace. ‘The effect of the Emperor’s free trade letter is represented as having been most favorable in the departments. At Havre the principal merchants received it with great joy, and flags were raised as amark of rejoicing. ‘The change in the rate of discount by the Bank of England was without effect on the fands. There ‘was every likelihood of the efflux of bullion con- tisuing, and the probability, in that case, of a fur- ther advance to 3} per cent was under discussion. ‘The joint stock banks had raised their rates for deposits from 1} to 2 per cent. The Manchester market lost some of the buoyan- cy of the early part of the week, but the large en- gagemente of producers kept prices quite firm for ‘both yarns and goods. In Brussels the subscriptions to the new Belgian joan of £1,800,000 already amounted to twelve mil- lions sterling. Tt was asserted that the government measure re- e to Parliamentary reform was ready, and ould be submitted to the Honse of Commons at easliest opportunity. Atabanquet given by the Mayor of Liverpool, Earl of Derby expressed a hope that the enav- session would witness the adoption of a good of reform. He believed that the conserva- party would offer no factious opposition on the to the present ministry. A United States claim under the Extradition had occurred at the Liverpool Police Court. American Consul applied for the custody of a named James Smith,a sailor on board the George West, on the charge of having stabbed mate of the vessel, John Richardson, during voyage from New Orleans. The prisoner was up to the Consul, to be sent home for trial. to proceed against the Society of St. Vincent Paul. . Thoavenel, the new Minister of Foreign Af- arrived st Marseilles on the 19th ult. from en route for Paris. Before and it rejected the Paris correspondent of the London Post that the rumor of the Pope having de- the evacuation of Rome by the French fa absolutely false. polemm reconciliation is reported to have taken Place between Cardinal Antonelli and the prelates who have been in opposition to him. Attecks are said te have been made upon some Bwies soldiers by the population of the Marches. At Macerata s sharp contest is spoken of. The latest despatoh from Rome is dated on the ldth of January, and says:— A letter from Valeggio, of the 12th ultima, in the Paris Constitutionnel, contains the following:— Zou wills a tare Gage oun tn the joaraedl 6. has not ly appeare?, a extraor: temerity—the desertion, in a (body, fi of Pre ge dant. From § , Where they arrived in the night, they proceeded to Cremona, where ‘hey met with a magnificent reception. A Paris letter in the Independance Belge says:— I have just received the following rence :—! tations from ‘The resignation of the Ratazzi Cabinet in Tarin is said to have resulted from the retirement of Count Walewski. A scheme for the defensive organization ef Cen- tral Italy is eaid to have been matured. Letters from Florence state that in consequence of a conspiracy in favor of the Grand Duke having been discovered, several arrests had taken place. The budget of Prussia for 1860 is estimated at 130,799,713 thalers for the expenditure, which ia exactly balanced by income. The Austrian Minister of Finance had declared the impossibility of publishing a budget for 1860, unless the Emperor consented to an immense re- duction of the army estimates. A Vienna ages of the 20th ultimo gives the following 28 officia):— al iblihed by the Sardinian rn- ane tiated ne mabe ats co, fenetia are unfounded. derea by the Communder-in-Chief of Verona show that notone Hangarian soidier bas deserted his colors since the conclusion of peace at Villafranca. Several secret agents, however, have been arrested for endeavoring to tamper with the Hungarian regiments. A letter from Vienna of the 14th ult. says:— ‘There bas been such a fall at the Bourse here during the Jast few days that the financial world has beem com- pletely alarmed. ‘Time bargains are difficult in conse- quence of the mistrust which prevails,and there are no Ly apg 7 nodtageretnyetie ts arte a yay of large capitalists are eager Soll thelr Austrian gtook ead employ the money in the pur- chase of bills on foreign countries and of specie. exchanges and the premium on specie are continually on the rise, and there is great difficulty im procuring good drafte or specie in e: for bank notes. In presence of those difficulties and of the state of uncertainty caused vy the Italian question, the ides of the possessions in Italy every day acquires consistency among the oll peg is openly discussed, and garded as the moet cffectual means for relieving cal position of Austria and for assisting the finances. Another communication from Vienna saya:— A detachment of volunteers for the is about to leave Merdling, , near this city, for Teawe The Jat detachment sailed from the latter port on New Year’s day for Ancova. Inthe course of the voyage the men put on the Papal uniform, but itwas only at Ancona that they were armed. Volunteers are continuing to flock in, and amongst the men last enlisted were Saxons and Prus- sians. The bounty of seventy-five florins which is offered ts @ great temptation to many. F L United States 6 per cent bonds, 1868. 5 per cent bonds, 1874. 5 per cent et sa oa % a TT Reusery per cent bonds, 1868- a 2 Mary! 6 per cent sterling bonds.. a 5 per a 108 SSsRsee Seesaresasesessses 35 res .. 9 10 Panama, 7 per cent, lst mort., 1866, 2100 « 102 “ “2a (1872, 100 102 Penn’a Cent. 6 per cent. Ist mort. , 1 . 8 89 The London Times of Friday, January 20, says:— In American securities there was a rise in the shares assented of the New York and Erie; we quote sales:— Biinois Central sevens, 70.8 78 3¢; do. Lecrmhet ptt dis. ; New York and Erie shares, 10; second mortgage, 92%. Captain Williams, of the British bark Imogene, had been formally presented with a splendid gold chronometer and chain from the President of the United States, as a testimoniql of gratitude for Capt. Williams’ humanity to the wrecked crew of the ship Fleetwood, of Boston. It is announced that the steamers ef the Liverpool, New York and Philadelphia Steamship Company will henceforth ran weekly between Liverpool and New York, and that for the remainder of the winter they will perform the United States mail service for" merly appertaining to the Collins line. The increase in the Liverpool service will of course cause a suspension of this company’s Glasgow line, all their vessels being required for the Liverpool trade. The Glasgow, from New York, arrived at Queens- town at 10.A.M. on the 20th ult., and the Arago reached Cowen at noon the same day. Our Lendon Correspondence. Lonpon, Jan. 20, 1860. The Imporiant Commercial Movement in France—Napoleon’s Manifesto—The Effect on Trade with the United States—Approaching Meeting of Parliament—Ocean Steam Naviga- tion—The Galway Line, &c., &e. European politics are growing brighter. The Congress will never take place, and the Pope of Rome will no longer be able to command an army of Frenchmen to enforce a horrible despotiam. Louis Napoleon has flatly refased to intérfere, and he will keep his word. But the most important State paper that has been put forth by any Euro- pean government for a long time is the late letter of the Emperor Napoleon to his Minis ter of State, om the commercial affhirs of the empire. It will effect a perfect revolution in the manufactures, industrial pursuits and commerce of France. Of course you will pub- lish this important document, and let your com- mercial readers see the new prospects of a great foreign trade with France. The Emperor recom- mends the “suppression of all restrictions” that weigh on the industrial pursuita of France, the Abolition of the daty on wool, cotten and other raw materials, an exchange of products by the en- couragement of foreign trade, loans of money to sgriculture and industry, a clearing of fertile plains, and the planting of hills, and, in short, the in- auguration of an enlarged and enlightened public and commercial policy. We shall, no doubt, soon see the establishment of a line of first class mail steamers, or more than one, between France and America. This new policy of the Emperor's has a real interest for Americans, in both a politi- cal and a commercial sense, and if carried out ac- cording to the programme will quadruple the trade between France and the United States in less than ten years. Labor is so dear in Ameriea, and the i E [ i i i E f ! 3 Zz ] & reget g 1 E i if FE 2228 subject, by the ablest pens, and, as on most every other knotty sub- ject, no two came to the same conclusion. Sir James Emerson Tennent, M.P., and member of the Board of Trade; Mr. Oliveira, M. P., and many others, have given us elaborate trea tises on the subject. Sir E. Tennent proved @onclusively to himself that the people of Great Britain want annnally from six to nine million gallons of wine, and thet they never had or would drink more nor less, let the duty be as it might, It then became simply a ques- tion of revenue. The duty is about six shillings ($1 50) @ gallon on all wines, The Emperor relies considerably on commercial treaties, which may mean differential and discrimi- nating duties, favoring certain countries. The Policy of England is against such dis- crimination, preferring to treat all alike. There will be some considerable opposition by cer- tain classes of manufactarers in France, but how far it will be available may be inferred from the following remarks of the Emperor, said by the Nord to be spoken at the Tuileries on Sun- day evening laat:— The manuf pede Sent A legal orld a 3 ‘The system of ee ceiving han hed ite ony; aaa I bave not the power to raise the dead. His Mojesty talks like a philosopher. Of course the French ambassador at Washington and General Cass will soon be at work on a new commercial treaty between France and the Uuited States. If they could manage and establish a post- age rate on the half ounce scale at aa low a re as eight cents, it would make Great Britain a little more liberal in her postal amangements. If the United States would at once change their whole system of ad valorem duties, and char; luties per quantity, as is practised in this country, it would sweep off at once a host of frauds, not only on the revenues, but on the consumers of foreign goods. Ad va- lorem duties is ore of those impracticable crotchets that practice and common sense have | since condemned. Whatever course may be taken by your authorities, there is a large prospective trade between France and America, The great ship seems to be getting deeper and deeper in the “Slough of Despond.” At the late meeting @ debate took place that wae charac- terized as a ee — at ee very refreshingly oi litical gathi in Yankee ead. The commlites Sopeinted to take the affairs of the ship into con- sideration, past, present and future, is sup; to be inimical to the views of Mr. Campbell, the chair- man, and Mr. Lever; but time will show. My ont: nion’ is the ship will not leave her anchorage Sontbamptop water in twelve months. Rather a ae ae here now among the iti- cians, the da: the meeting of Parliament Pere os bend. Many od them sre pects yer con- stituent speeches and sp! on the stibject of Pasliament tary Reform, the S sagoned Congress, the Pope and the Emperor, the new commercial era (A France, &c. One agreeable thing for ne per readers and those condemned to pore over the lucubrations of the legislators, they are not doomed to one tune on one string, a3 on some former occasions. There are plenty of topics to occupy the thoughts and to: the “wisdom of the nation,” and the coming session ‘will be anything but @ dull one. Considerable anxiety is felt in commercial circles here in reference to Australian affairs, The diminished on. of gold oduced year by year, the glut in the markets of Australia by too large im; ‘tions of goods, and the symptoms of i yetc the money market, make Australian af- iJ look unpro: for considerable time to come. Money is going to be more and more it here. rate of You may confidently look for a rise in oaegl ‘of three-fourths to one per cent during the next four The weather—that much abused element in England—has been remarkably mild, with the ex- ception of one or two Cina and the: than the oldest inhabitant has known oils years. It then only dipped down to some seven grace vid me » but John vine heey ote dec: pe ly chilly. Your correnpes e a day’s skatin on the Serpentine, on ice fonr inches thick. Though there were some thousinds of J pay ned sent, | sup it did not come up to carnival you have almost daily on your Central Park. The — in America, and particularly the Heraxp, is joing a glorious work in encouraging athletic bad among both sexes, and foremost among se se Tank skating, horseback » TOW: ing, curling, cricket, avd base ball. Make the wealthy, the elothful and the luxurious spend a portion of their time in this way, and the: turn their spermaceti fibre into healthy muscle, change sallow complexions into ruddy, and weakness into pave t its, teachers and rulers learn that intellectual strength and political inde} dence among nations are always accomp: by hysical vigor, and when the latter de the two lormer have not long to na ct) Bi the Roman States and Turkey. Let sports and exercises be ae in America, and we shall not always hear about the English women havin; tothe Pope had set the Parisians to talking, and had What rejoicings there have been in Old Engiand!—how the journals that for so many years have been accustomed to refer to the Em- peror Nepoleon Ill.as a tyrant—a man to be out these conceptions, and, in fact, lauding him to the akies because he wrote to the Minister of State clearly setting forth that the commercial policy of France must be based upon free trade—a letter dea- tined to work miracles in Europe. English merchants snd manufacturers revel in the thought that a wide field is open to their great enterprise, and they feel grateful to the sovereign that has done the work for them—that has furnished the Jong desired opportunity. The London jour- nals are well aware of the popular feeling, and so they join in one common and most enthusiastic vine districts of the Ohio and Missouri are so far meed of praise to Napoleon UI. In fact, the Em. ‘the fact that for years he has c com} malous tendency of the majority of the cor- rosponaenia ee the een press ” ed fe ant lecry ya japoleon 2 firm conviction of the since! of “4 Emperor's motives, and of his intentions to benefit mankind, because J had stadied hia past ae- tions and was aware of what really brave he was at all times doing, in the furtherance of this in- tention, I felt that he deserved the praise instead of the blame of his fellow men, and I fave labored constantly to show to Americans Louis Napoleon n his true iy ete Now that truth, strong and all powerful, is upen the minds of all a due ap- ciation of the Emperor, I may be allowed to re- Toieo ata consummation which I consider a just re- sult. ¥ But pardon the digression, and let me return to the mooted commercial treaty. Napoleon IIL, firmly convinced that great prosperity must result from free trade, is determined to apply. to France the principles ot a sound political economy. But at the same time is well aware that there are deeply rooted habits of dependence upon the State, in France, and that Frenchmen have not the commercial ardor or selt- dependence of Englishmen, who only desire to be left free to carry their projects into execution. Here the State must stimulate by » and the Emperor is prepared, until they shall have learned to depen 7 themselves, to do 0. Mr. Cobden (the only Englishman who ever under- stood the American pecrle, and who deserves praises for so much) een & most oe istigator of the new treaty. He studied the ques- tion most cloeely with the Emperor, and then with his Ministers, and the result has been that both France and England will rejoice in the possession of commercial advantages not attainable before. [am assured that Mr. Cobden will be appointed to sign the treaty between the governments, in conjunction with the English Minister of Foreign irs, an henor that he rip Caer He will also most likely be appointed Chevalier of the Legion of Ho- nor by the Emperor Napoleon, who will be anxious to reward his fellow laborer. The week that has seen the Emperor Napoleon's letter to the Pope, and his letter to the Minster of State as regards the treaty, will surely ever be a most remarkable one in the history of Louis Napoleon. Imay venture to peniiios to you that his Majesty will not pause in his present glorious policy, but that Americans will be benefitted. The oue- rous tonpage duties, &c., that press upos our ship- ving will soon be removed, and Yankee vessels have the same benefits and advantages that are now accorded to those of Great Britain. Of course our government will be too happy to meet half way all liberal changes that may be determined upon by the Emperor Napoleon. I cannot of course state when and how this great result is to be obtained, but ] may safely assure you that the project is seriously entertained. It now remains to be seen whether or not the long talked of Gages will meet. The alliance between France and England has become a most close and apparently sincere one, and the organs of the British government have stated in the most unequivocal terms that in Italy things must go as France desires, else France and Eogisnd see toit “If Austria is’again to be met, her troops will not only have to fight the Frenchmen, but also our brave soldiers,” says Palmerston’s organ, and Spr, that hint Austria gives up the struggle, folds her arms and says that she can fight no more—she can but protest. Of course a close alliance between the leading Powers of Europe will render a Congress almost unnecessary. They may decide upon matters as they choose, and the rest of Europe must acquiesce, unless, as has been stated, Prussia, Russia and Austria form a counte! alliance. But the two latter Pow- ershate each other too cordially for any sueh course of action to succeed, and France. and will rule the roast. The Pope, forgotten for the mo- ment wy our politicians, owing to the all-e: 7 topic, the commercial treaty, is not by any means overlooked by the ary sl Napoleon, who is de- re ig iB bis ot a pions Ms KY, future pros- perity of Ce ly, the Pope contrary; and of St. Peter’s successor is well aware o! this, we hear all kinda of @ rumors as to what the Holy Father do. One thing 18 certain—he will do what is asked of him, or the French troops will leave Rome, and the people will at once put an end to the controversy by send- ing Pins IX. elsewhere. I have every reason to be- lieve that ere Jong Turkey will be brought upon the eidedly things do not fo right at Co. eee: A very arent screw is loose somewhere, will require looking after sooner, erbaps, than is at present thought likely. The Braniards are Cath ire victories over the Moors, but they advance slowly. A report is current here to-day to the effect that Tetuan was in the hands of the Spaniards; but it requires confirmation. Gene- ral Concha, Tate Governor-General of Cuba, has gone to the headquarters of the eee army to visit General O’Donnell. This war will, | am afraid, never r ter much to we The Moors fight like devils, outnumber the Spaniards, and are on their own territory—ail it advan- tages, the more so as Spain is weak in her money chest. The funds necessary for the carrying on of such astroggle will soon run short, and the re- ligions enthusiasm of the people is somewhat calm- ing, two significantand unpleasant facts for the Ma- drid Cabinet to ponder over. Will France aid Spain? There’s the rub, and at present no one can answer the question with a certainty of being right. The impression here seems to be that Spain was in too great a baste, that she commenced the cam; too soon, and was too stift necked in her demands upon the Emperor of Morocco. Panis, Jan. 19, 1860, The Commercial Treaty Between France and England Not to be In Force till 1861--lis Ba sis—Lord Cowley’s Interview with the Em- ‘peror—The Boldness of the Emperor's Policy— Deputations from Manufacturing Cities in Paris—Revolution in Hungary—Austrian Prestige Gone in Hungary—Ercitement in Venice, éc., &c. Ihave ascertained, since commencing the above letter, that the commercial treaty between France and England will not be in force until 1861, as a former article in the Moniteur, the official journal, contsins a promise to that effect from his Majesty. T cannot state positively what are the exact condi- tions of the treaty, but the following is its basis: — For France, the suppression of all prohibitions, and & diminution of duties pn coal and iron. For England, diminution of duties on wines, brandies, articles of Paris manufactare and silke. Lord Cow- ley, who returned yesterday from London, had to- dsy an audience of the Emperor, and expressed, a8 Tam assured, the great willingness of the English government to enter into the treaty. I can assure you that it requires great courage on the part of the Emperor to carry out his ideas of free trade in France, for in this country the particular interests of the protectionista are most powerfully repre- sented, while those of the consumers have, up to. the present time, been quite without any representatives of weight or influence. But Napo- hon me Sore ft Se aoe wi 10 an already commencing. Several deputations from the large mapufact ig cities are now here, all having for object the petiti to chapge the Polley announced in letter to the Minister of State. But this is in vain, as Napoleon IIL. fs resolved to carry out intengions he feels to be correct. Jn Austria, the government is most sorely trou- bled. Itseems to be impossible for them to re- res the impending revolution that is brewing 4 Hungary. The people of that are ettipg more and more audacious, Francis Sceeph ia at his wits end. How to stay the storm be cannot tell. The Hi who are serving in the army band , Tefase to obey German officers, and degert in great numbers. A short time since, at « ball given at Pesth, the Hobparians refused to allow musique to any German airs, and at the theatres all to the Austrian government with hisses, The fact is, Austria’s 3 Sol ferino will cling to her until she is ‘under the contact. In Venetis, and in Venice, the teme spirit of revolution is evin None of the citizens of Venice will go to the theatres, and all ot them do all they can to show their resentment against the Austrians, They no longer go to hear the military bands that play in the eveaings, and affect to cross the street w) they meet an Aus trian officer. The voleano is upon the point of an eruption, and Francis Joseph must beware thas he 1g not buried in the fiery lava. ‘ Panis, Jan. 19, 1860. The Free Trade Letler and the Journals— Public Opinion in Paris—The Alliance of England and France Cemented—English Commercial Travellers Already in France—The Motto, “L' Empire CestlaPaix”— The Bordeaux Wines and Malt Liquors—The Trade of the Bordeauz Merchants to Suffer—The Brandy Trade— Havre and Marseilles Jubilant—Count Cavour-- The Business on’Ohange Limited~The Débats and the Constitutionnel—The Prince of Orange to Make a Tour of the Manufacturing Towns— The Sale of the Late Lord Henry Seymour's Wines—An Interesting Lawsuit at Rouen— Patented Sewing Machines—Rarey at the Cirque Napoleon—Lord Cowley in Paris, &c. The time has scarcely arrived when ao faithful representation can be given of the general effect produced by the Emperor’s free trade letter. In a country where journals which are the organs of views contrary to the government write in fear of their existence, it is not from them that we can ex- pect the required information. Indeed, the plan generally followed is simply to utter a few sulky sentences, reserving the grand explosion till the enemy appears to be well out of shot or not in a disposition to make reprisals. At Paris, the sentiment seems to continue one of unmixed approval. On all sides you hear of nothing but thata glorious fature is opening, in which ancient rivalries shall be forgotten, and France and England have but one bone of con: tention, namely, who shall win the race in supply- ing the wants of the world. Optimists already talk of large seminaries springing up in England for the sole purpose of imparting the language, the principles of English commerce and English agri- culture to the French mind, while similar institu- tions cannot fail to be established here, where, to” gether with the language, the arts and sciences will be inculcated ina manner unknown in England. There will be a free trade in éléves asin coals, pots- herds and cutlery, and before the year of grace 1870 arrives, sostrong will be the cement which a common interest will have effected between the two countries, that future wars will be impossible. The English commercial houses already established in Paris are at present of the moat magniticent character; but since la petite surprise of the Em- peror, a wondrous dilatation in the carriage of the principals may be observed. Some of them are already corresponding with capitalists on the other side of the Channel, who receive their overtures of commercial alliance in the most affable spirit. English commercial travellers have already arrived, who are “sounding the depths.” Letters I have seen frem Bordeaux speak of the whole city being well nigh beside iteelf at the pros- pect of the rich markets the English trade will open to it, Some of the houses illuminated as for a grand military triumph, and everywhere where 8 flag could be planted one has been set up to com- memorate the occasion. Acroses the street, “L’ Empire c'estla Paix” has been inscribed on blue bunting, and nothing but the most unbounded joy seems to prevail. 1am myself not so very sure that the citizens of Bordeaux are not hallooing before they are out of the woods. Their notion is that the wines of France have only to be introduced into England, without let or hindrance, to constitute the staple drink of the country. I doubt the fact. The great improvement which the almost prohibition duty on wines has produced in the manufac- ture of malt and hops will ever constitute a great difficulty in the consumption of French wines. After the novelty has passed away, I doubt very myh whether, if French wines and English beers were placed before the “man of the million” at equal prices, the Englishman would not infinitely prefer the staple drink of his country. It must be remembered that the only notion any Englishman has of the juice of the grape is a glass of wine after dinner, or-apart from meals; but the cheap wines of France are not adapted to this Durpone laces are not in fact so used in the country that pr. them; but though skies of Britain, rei Nothing, then, would ble diminution of the tax on brandies, equivalent to five francs the litre, would, withou doubt, produce a roaring trade, for no amount of been sufficient to cure John Bull’s love of that spirit, and the smuggling still in practice ia a0 that the impost prodigious. The profit is smuggler is richly repaid if he succeed in landing one cargo out of three. At Havre and at Marseilles the accounts received are full of rejoicing. The houses have been deco- eat and the ships in the harbor dressed out with 8. ne unmistakeable result has followed the last mission of the Emperor. The Pope and the priest- hood are nowhere—clean forgotten; nobody seems to have a word to bestow on them. ‘They are, in presence of such material interests as are now in men’s minds, but the withered flowers of politics, which,may be cast away without a sigh. The advent of M. Cavour to power is rather looked upon as another link in the new commercial chain, as it influences the Papal or even Italian question. It is Cavour, the free trader, rather than Cavour, the incarnation of bie independence, that is now before men’s minds. : The Moniteur printa in conspicuous type Lord Palmerston’s Teter, inviting the attendance of Eng- lish members of Parliament on account of urgent business, and doubtless nothing in the way of detail will be known as to the new tariff till the ih budget is bronght forward. Inthe meantime the anxiety tor er information is excessive. The Bourse, which has its own special reasons for sensitiveness, seems to have certain about M. Cavour’s return to power, and to fear that the bold policy which his character ie oy may, despi ie alliance of England France on the new free trade policy, produce Gren tions not inse; le from war. The yesterday on the ‘was very limited, F cents cli at 68 francs 80c., with a All other secarities were low in nor in opposition to the new programme.’ The Constitutionnel comes out this morning with & rejoinder, in which, as ht be e: , i covers its conversion under the sublime patriotiem, which it thinks the would do ‘we)] to imitate. “We will never place,” it says “ @ question of amour propre before a question o natienal interest, before a question of for i and the ed, Prince of Orange, instead returning directly to Holland, according to ni he intention ro} after » short stay at Bordeaux, to visi feveral of the other porta of France, and mastufso- turing towns. The sale of the late Lord Henry Seymour’ has been a matter of interest reat connoisseurs. The that a seseeasiones iployé pent yd no em a him. Itis said that twenty-four tes wine would be placed before him, and he would decide exact precision the name of each. Of the grape he held that of Bordeaux in honor. He would i} head whenever the toned, A fan 3 that be A qu ineuses. on Monday, in bottles, are consumed on draught at meals as the malt liquor of England, and the habits of the people, combined with a climate which is in every respect the reverse of the humid ler such all sufficient for them. Jess surprise me than to find af- ter afew months thetrade of the Bourdeax mer- chantea source of disappointment to them. A sens - , Which is now with the Injustice he had suffered varded ges to the t of it year terday the Imperial Court of ye ised thle decisiog, and gave him only 4,000f. Mr. per DY great ‘Ameriean horse tamer, to-day to molay bie Powers at the Cirque Napo- leon. The ion is 10f. for stalls, second seats 5f., and third seata 2f. 50c. Mr. Rarey is in the con- dition of Alexander the Great—there is nothing left for him to conquer. His grand difficulty ia to find another Cruiser—a horse that has been pro- nounced really unmanageable, that his powers of control may be elicited. The French papers have been full of his advertisements for a horse or horses warranted vicious. It is thought that with Franconi before him Mr. Rarey will have some difficulty in So vind any cl to novelty in equine treat- Lord Cowley, the British Ambassador, has re turned to Paria, : ry Panis, Jan. 12, 1860. Reception at the American Cousulate—Presenta- tions at Court, &e. Twice a year the American Consal in Paris, Mr. Spencer, gives a reception, to which the American residents and travellers who may happen to be here at the time are invited, the Consul resorting to the very democratic means of consulting the list at the banking houses where Americans register, and despatching invitations to all whose names can be found. The firet of these for this year was given on Monday evening last, and the occasion was one which will long be remembered, as these are about the only occasions on which the Americans in Paris (who are not of @ particularly gregarious natare) meet, and have an opportunity of refreshing their eyes with a sight of the fair faces and elegant forms of their country women. Some five hundred invitations were sent out by the Consul, and there were more than four hundred persons present, embracing representa~ tives from nearly every State in the Union, not even excluding distant California. Between nine and ten o'clock the throng began to come, and by the latter hour the rooms were crowded with dancers, and it certainly was refresh- ing, after having seen for so long a time only the etite ladies of Paris, to see together such a cel- lection of fine looking, bandsome women, and to feel that these were from “ our country.” ‘The honors were done by Mrs.Spencer in elegant style, and nothing was omitted which could tend to increase the comfort and happiest of the guests. Among the distinguished pallan preneads and who attracted considerable attention through the entire evening, were Mrs. General Winfield Scott, who came in about ten o'clock, leaning upon the arm of Beverly Tucker, Esq. Mrs.Scott has been for some time residing in American titled nobility was represented by the Countess Dissy, a daughter of General Harney, of our army, who was married in Paris about five years since, and who, with her sister, Miss Harney, mone much to the liveliness and interest of the re- ception. ee such an array of beauty and grace and vivacity and fine dresses, it may appear invidious to select any ladies for particular notice; but there were some who, as there always are on such occa- sions, attracted greater attention than any others, Among these was Miss Proctor, of Boston, dressed in a robe of simple white, with no jewels but her reer eyes, and needing no other to set off er beauty. Miss Field, of New York, dressed in white, with elaborate trimmings of blue, was thought to be the ae dressed and one of the finest loo! ladies in e room, Miss Thorne, of Louisiana, dressed in pink, was very sptrituelle and graceful. e Misses Hutchinson, of New Jersey, sisters, Miss McLean, of Washington, a very beautifal and highly intelligent lady, drew around her a crowd of admirers. Miss Allen, of Philadelphia, Miss Wolf, Mra. Dou- glass, Mme. Fanyani, an American lady, wife of an artist of considerable repute; Mesdames Personi, Lesieur and Moore, aud Misses Townsend and Brett, were all very mach admired. The diplomatic corps was represented by Mr. Calhoun, C) e d’Affairs, and the elegant and amiable Mr. W: bur, Secretary of Legation. The army by Major Crittenden, Capt. J. W. Todd and Lieutenants Huse and Pegram, all of whom ap- peared in uniform, the blue coats and brass buttons proving as irresistible among the ladies as ever. Then the dentistical profession, quite an impor- tant one in Paris, was represented by the two Messrs, Theodore and Thomas W. Evans, dentists to the Emperor, who have made immense fortunes by their practice here, and both of whom wore im- perial decorations, and by Messrs. Fowler, Gage and Crane. Then there were some fifteen or twenty of the permanent residents of Paris, and many travellers, whose names I did not learn. There was a fair sprinkling of newspaper correspondents and medi- cal students, a number of American artiste, and @ few foreign gentlemen of rank and distinction. About two o’clock a fine supper was given, to which the now wearied dancers did ample justice, and kept up the American reputation for tronomic powers, and a little after three the fan broke up, and the ladies went home to dream of their conquests and the gentlemen of their sup- ra. “re night the first!grand reception and ball at the Tuileries were given, and about fifty Americans were presented, and a large number of names are Blready inscribed atthe Legation fer the second one. Any respectable American may have his name put down upon the list, and when this reaches a reasonable number it is sent in, and the invitations are then sent to the themselves, Ame van- in court dress; but there are three or four here who rent these out for the occasion at from fifty to seventy-five francs, so that the expense is not very ce ta carers ot Laing precensenae Lhope to the course of the season, when I endeavor to eieete, of the ceremonies on that Our Berlin Correspondence. Benim, Jan. 11, 1860. Prussian Agitation on the Question of a Con- gress—Napoleon's Diplomacy Not Understood Very Olearly—Fear of his Ultimate Arrange- ments with Lngland—The Austrian Emperor in a Rage—He Looks to Prussia for Sup- port—German Politics are Affected by the Com- plication—The Neutral Rights Question Post- poned—Profits of the Reform Agitation The Opera, £e. Toby orno Toby? Congress or no Congress?. ‘That is, or rather was, the question, for to all ap- pearance it seems to have been finally answered in the negative. The courts and cabinets of the Con- tinent are all fairly taken aback at this sudden révisement in the policy of Louis Napoleon, who, after displaying the utmost anxiety for the meeting ef such an assembly, and being at so much pains to smooth over the difficulties that were thrown in ita way, first by one Power and then by the other, turns round all at once and knocks it on the head with no more compunction than s child woald show in demolishing some favorite plaything; for that a man of his rare penetration should not have foreseen what effect would be produced by the famous brochure of M. de la Laguerroniere, is clear- ly impossible. In fact, be had only to delay ite publi- cation for a week or 80, to have placed & out of the power of Austria or any other government to prevent the Congress from meeting; and his choosing just snch s moment for throwing the apple of discord among the happy family that were shout to unite under his auspices, is proof demonstrative that, whether or not he bad ever wished the European Areopagns to aevemble, his motives for desiring it no longer exist. There is an impression here that all the negotiations on the subject were merely a blind 1¢