The New York Herald Newspaper, April 7, 1860, Page 3

2 —$—$—$—$—$—$—$$—$— Sr WIGHLY IMPORTAQT FROM EUROPE THREE DAYS LATER NEWS. ARRIVAL OF THE KANGAROO. Annexation of Savoy Defi- 5 nitively Settled. War Impending Between Pied- mont and Naples. VICTOR EMANUEL EXCOMMUNICATED, Forma) Annexation of the Pro- vince of Emalia. WHE FATE OF TUSCANY STILL UNPECIDED, ANOTHER SPANISH VICTORY IN MOROCCO, CONTINUED AGITATION IN NAPLES. VISIT OF THE PRINCE OF WALES TO AMERICA, k&., &., &e. The screw steamship Kangaroo, Capt. Brooke, which sailed from Liverpool at eleven o'clock on the merning of the Zist, and touched at Queenstewa on the 224 ult,, ar- rived at this port yesterday mornigg. tm the House of Lords on the 19th of March Tord Teynham moved a resolution declaring that it ia expe @ient in the election of Members of Parliament that the ‘votes of the electors be taken by secret ballot. Tne Duke ‘of Newcastle opposed the motion, and argued thet pub- Heity is an cesential element of freedom, and that the Dallot adopted in America {3 not a secret voting at all. ‘The motion was lost by a vote of # yeas to 39 nays. It ie announced that the squadron to convoy the Prince ‘of Wales to Canada, on his forthooming visit, will consist ‘ef the screw steamer Hero, 91 guns; the Ariadne, screw, 26 guns; the Flying Fish, crew, 6 guns, and the royal paddle yacht Osborne. The Prince will take his passago out and home in the Hero, one of the finest vessels of her elaes in the navy. Too yacht Osborne will be retaiacd for service on the coasts and rivers of Canada. ‘The London 7imes, in an editorial om the subject, ex- presses a hope that the Prince, after visiting Canada, wilt make a tour through the United States, where he may be gure of & generous welcome; and if he should visit the President at Washington, the Times feels sure the courtesy will be appreciated, and the act will tend to draw cioser the bonds which uaite the two country 441 mat prayers PFlorene@a ify for ner ia the various garrison chapels of ‘Bogiand. : Mrs. Jameson, the authorces, dicd on the 17th ult, ‘At a meeting of the Red Sea Telegraph Co., the com. pletion of tho line to India was formerly announced. It ‘was likewiee stated that ia the course of a couple of months the Meditersancan line is expected to be flaished, when London will be in direct communication with Cal- cutta, Lora Derby had been examined concerning the Galway mail contract, by the Committee of the House of Com- mons having the subject under investigation. He ex- plained the objects which the government had ia view in granting the contract. ‘The new steamship Canadian, for Portland, lett Liver- pool about the sams time as the Kangaroo. ‘The steamship Europa arrived at Queenstown on the evening of the 18th, and reached Liverpool at seven P. M. on the 19th ult. ‘The steamer Balbec was to leave Liverpool for Halifax and New York on the 24th, in place of the Jara. ‘The United Btates steamer Iroquois arrived at Gibralar en the 14th, from Genoa. ‘The United States corvette San Jacinto, from Tenesilte, arrived at Cadiz on the 9th of March. Our London Correspondence. Loxpox, March 20, 1840. Phe “Benicia Boy” Driven from his Quariers—Pugilistic Poetry—The “Song o the Belt!’ —Sayers’ “Colors —Opi- niens About the Fight—Phe Locality of the Fight—The Three Sporting Events of the Season—The Derby—Death SF Fullien—Bifects of the Commercial Preaty—Cheap Diplomas—New Play at the Lyceum, de. In my last letter I mentioned some of the evidences of ‘the interest felt in England in relation to the coming ‘in- ‘ternational fight” between Heenan and Sayers. The into- reat has manifested itecifin such a decided mauner that ## has actually obliged Heonan to quit his comfortable quar- fers at Salisbury—where he had taken the old Mausion ‘Blouse as a residence—and to retire to some more quiet ‘and less known locality. Such was the curissity to see hhim that from all the country avout, and eyen from Lon- don, eighty miles distant, crowds went every day to Stiie- bury, and whenever ho started oui for a walk, followed ‘him eften for miles. They gathered about hia house in (he morning, anxious to catch a glimpse of bim, and every @ay applications from al! sorts of people were sent into him, with requests for personal introductions; and in Sect the annoyance finally became so great that he was Merced to pack up and decamp to a more secluded spot, ‘where he hopes to be permitied to be let aiono, andallow- ‘ed quietly to pursue his laudable desiro to bring his weight down and his muscles up, with a view to the two-hundre! pounds sterling and the champion’s belt. One would not naturally suppose that there was much ef the poetic clement in pugilism, and yet tho muse on this extraordinary oocasion has been prezsed into the ser- ‘vie for the purpose of giving (clat to the affair. An effu- ‘sion, entitled the ‘‘ Song of the Belt,’’ has just been pud- Jished and set to music, and printed benoath the portraits of the two men whose prowess it is intended to commomo- | Yate, may be found in mapy of the print shope and book- @toree along the Strand. It is #0 peculiar in its character, land yet #0 chivalrous {n its tone, that I cannot resist the of transcribing it and sending it to you. It is aa follows;— He bears for brave Old Fogland The belt of British fight— And proudly will he meet the man ‘Who dare conteat his right; Be’ll meet him with a friendly hand, ‘Se’ll meetjaim as a brother, ‘But tha: which heart and hand can hold, He yields uot to another. Give welcometo the manly heart That bravely crossed the gea, ‘To battic for Lis country’s fame, ‘What ever land it be. ‘Waich ever way the fortune falis, Tall be our pride to show, An bopest lad from any land Wit! find no Briton foe. ‘The sabie sons of Africa ‘Have fought e’er now for fame, Aad boldly now Amertcr Puts forth an equal claim. Bai coward Asia learned the art Great Britain calls her own, ‘The bastard slaves had never struck Oar maids and matrous down. Wo want no pistol, bail nor blade, Bat muscle, einew and bone, ‘A band to band for friend or foe, We trust to it alone. ‘Then honor fali whore bonor’s due, While honor reigns-within, Americ and Eogland, too! a chorus—’ = Tyen a Tuck to the stranger, ’ = mand beter luck to Tom; ‘And may the belt of Hag! and Ne’er leave ite native noms. Sayers has announced his ‘‘colors’’ as ready for dis- tribution among his adherents and dévotess. They are made of silk, with the following, desiga:—Ias standard of Fogland in the centre, with the Britieh lion rampant in each corner, upon a cream a ary rhny @ crimson Lev Tae champion disposes of his colors at a guinea each; but with the rer valde that should «‘ fortune fail $0 crowa him with the wreath of victory,’’ the money is to be retarnad. The general feeling bere, among men who are jaterosted im such matters, is of course in favor of the champion)’ while not afew of the professional pugilists, and their friends, would really like to eee him defeated, as thay do not relish the idea of a man of his size and weight holdiag the belt against thera. It is thought that if Heenen whips Sayere, be wilido it in sort order, ard will conquer from bie superior size and weight. Ho is eix feet ons and enc-half inches high, ani thirteen stone twelve pounds ‘weight, while his oppoaent is but five feet eight incros by and ten stone ten pounds weight, and tho greater Vigor which # maa of twenty-five miy be sup- posed to have over one of thirty four. But if Sayers guc- ceecs treanding up against these ad 8 for a few rounds, it is thought that his superior skill and long ex- perience, his perfect familiarity with all the ‘ dodges” ef the ring, will, ic a prolonged encounter, tell iz bis favor, and finally corquer. Still, with tw @uch hard-hitters, a ehgnce blow may decide the figbt siber wey in a very Sow There je Bo | bex Pringe Gortectiakog has been mignon, NEW ‘YORK HERALD, SATURDAY, APRIL 7, 1860.—TRIPLE SHEET. change In the betting, the odds still continuing “gve to four on the champion, The locality of the fgb*, (x yet kept « projuand georet, even from those who m'r.ny be supposed to be thoroughly posted in the matter, “snd it wila generally known tntil about two day’y before the 16:0 of April, when the information will “93 obtaiaavie at tho | Sporting houses ia Lonton. AS m'ych gecrosy as posible Will be observed, ag there is sup"yoged to be a Axo deter: Mination to interfere with the «arrangemants,”’ and it is said that a committee of re‘ugious gentiewen has deen | formed in London with t) a there is little doubt thai al rent it will | be circumvented, and that the ‘i will com» off and decide who is the “best man’? aod most worthy to wear the champion’s bolt ‘The old fogies lock upon it as a very impadent thing on the part of Young America, that in the (nree important Sporting events of this year we should contend their oiaims to superiority. On the 16tn ot April the great fight for the championship is to take place botween Hee- ban and Sayers; on the ist of May ihe Chester Jap, for which Mr. Tea’ Broeck has entered Satellite, is to be raa. for, and on the 224 the great ‘Derby? is to come off, and for which Tea Broeck’s Umpire etseds now next to the favorite, Lord Portemouth’s auecaseer, "The quotatious at Tattersall'e yesterday were eight te one agaiust Buccaneer and nine to one against Umpire, while ap even det of a considerable amount was mide upon Umpire as againat Lord Pelwerstoa’s Mansions, agaiast whom the same odds are quoted. Tre commiss onors here expect Jarge sums of money to be sent oa from America to back the threo great events. CU xpire has deen «little unwell, and the odds roae against him; but he i¢ well now, and the quotations at Tattersaii’s yestar- dev ebow what is the etate of fesling toward rim You have, of course, ere this, heard of the geath of poor bo} Joliien, whith took place in Parle on Wetoeslay last. ‘While he was dying an effort was being mate here to gt vp ® benefit for biri—and now he is dead. Tae beneiit will probably proceed and the receipts bo appropriated to his femily. The treaty of commerce between France and Kaglaud has aforded the shopkceyere of London as elegant oppor- tunity to advertiso and make a display. Along tao Strand, and in Regent and Oxford streets, almost every window hae in it a staring sign, “Reduction of Duty,” and the window curtains, French silks, gloves and fancy articles marked down to low prices on account of the reduction of duty. The liquor merchants offer wines and brandies at cheap rates, and many of the ‘gia paiaces” even, in which probably nothing foreign ever entered, take advantage of the treaty to dispose of their gins, brandics and wines. Afunny advertisement struck my eye this morning in looking ever one of the penny papérs. What a biessing America is to England, drawing off her suroius popula. tion aud furnisbing her professional men with diplomas which they cannot get at home. Where is the institution which is fo hiberal in the dispensation of its parchm2nts as the following advertisement would seem to imply? no Medi- cal Diploma, cas bear of an eaay method of obtaining aa Ame- riean one by ad T. Vary, Joues’ Coffee di evsing, prepaid, House, 52 Howland street, Tottenham Uourt road. Madame Celeste brought out a new piece at the Lyceum last evening. It is entitied the Abbe Vaadriaul,” and in its mechanical composition is a sort of a cross be- tween “Faust” and the “Corsican Brothers.” The effects are quite startling, Madame Celeste and two doub!es atone time being on the stage together. Tae changes are effected with wonderful ekill and rapidity, aad the new gcenery and dresses which have been go: up for the piece are very magnificent. She is still rugning the dramatic version by Tom Taylor of Dickens’ ‘Tale of Two Citios,”? which owes its success more to its scenic effucts then any dramatic merit it posseses. Mra. Keeley (looking about as young and fresh as when I last saw her, over tweaty years ago, in Phiiadelphia), is also playing at tne Lyconm. Mr. E 'T. Smith opens her Majesty’s theatre, in the Haymarket, on the 10th of April. Our St. Petersburg Correspondence. &. Pererseurc, March 12, 1860. The Rumored Alliance Between Austria and Russia—The Necessity for Such an Event—The Political Chequer-Board of Europe—Authorilative Sketch of a Conversation of a Convention of Agreement to be Oncluded Between Russia, and Austria—Russia Preparing for an Eocniuality— scomattima af Two Comps VArmée on the Western Fron- tier—Provatle Retirement of Prince Gortschatef from the Russian Army—teto mrvewne successor—The Grand Duke Nicholas of Russia on a Visit to Nice, dc., €c. Tam now in a position to give you some farther particu. lars ‘reepecting the late attempt of Austria to effect a rapprochement with this court, and the actual state of the relations between the two governments. As early ag the beginning of jast month, or perhaps the end of January, Count Rechberg commenced discussing with M. Balabin, our ambaresdor at Vienna, the change in the political situation produced by the unexpected rene-val of tno entente between France and England. He admitted that it was the intereets of Austria that were threatened by it in the first instance, ‘since the adoption of the views of the Rritish Cabinet in reference to Italy by the French government would completely upeet the provisions of the treaty of Zurich, and, besides finally’ depriving the younger branches of the Austrian imperial fami- ly of their Itallan possessions, would seriously endanger the hold of Austria herself upoa the only pro- vince left ber in the peninsula, At the same timo, how- ever, he pointed out to Mr. Balabin that the intimate un- derstanding between the two Western Powers would be attended with ulterior results not less‘unfavorable to the policy of Russia, Thanks to her geographical! position, she might, indeed, view with indifference the annexation of Savoy and Nice, though gravely affecting the balance of power in Europe; she might even tolerate the applica- {ion of untversal suffrage to international concerns, though the precedent it afforded might be used cre long against other monarchies; but it was evident that the consent of Exglard to the aggrandisement of the French em- pire, and the extension of ils influence in Italy, must have been purchased by concessions on the part of the latter in respect to certain questions which Russia could scarcely regard with the game composure. The chief object of England, to which she made all other considerations subordinaie, was to paralyze the influence of Russia in the East, and in future, therefore, the Cabinet of St. Petersburg—instead of the co-operation of France, which had been so useful to them in sechring the quasi independence of the Danubian Prin- cipalities and Servia, and by which they had hoped to get rid of the onerous conditions imposed upon them by tho treaty of Paris—must expect to have both France and England united against them to stop their prog: e3s in that quarter, and to uphold the tottering fabric of the Ottoman empire. In cage of new complications arising there, Ruesia would congequently fiad herself isolated and unable to oppose the policy of her rival, which would unquestionably be in the highest degree prejudicial to her interests and subversive of her territorial designs. Would it not be advisable, then, for her to accept the friendship of a Power whore vicinity to the future ecene of action must always enabie it to exert a decisive influence on the march of events’ Could it be indifferent to Russia whether that influence was employed in her favor or against her? It wasa patent fact that during the Oriental war the retreat of the Rugsian armies from the Principslities was rendered necessary neither by the military operations of the Torks, nor by’ the appear- ance of the allied troops in Bulgaria, but by the collecting of a strong Austrian force on the frontiers of Vallachia, which threatened to attack them in the rear and cut off | their communications. Count Rechberg deeply regretted the conduct of Austria on that occasion. For himself, he bad always dieapproved of it, aud cooridered iv one of the greatest errors of his predecessor, Buol, which had brought the monarchy to its | Present embarrassing condition; but did it not show at the same time of what paramount im >ortance the union of Austria and Russia was for the imforests of the latter empire as well as for those of the former? Thess conver- gations were carried on for some time, and terminated in Rechberg’s communicating to M. Balabin a ske: ofa convention or agreement to be concluded between the two Powers, containing the following points:—1. Austria agrees to ® revision of the treaty of March 31, 1856 in the sense desired by Russia. 2. In the event of a con- grees mecting, she will support the proposals that may bo introduced by Russia on this subject. 3. Sne enzages to act in concert with Russia on ali questions pertaining to Fastern affairs. 4. She offers to accept the mediation of Roseia in setting the differences existing between her and Prussia relative to the affairs of Germany. 6. If Au is attacked in italy, Ruesia promises to furnish ao auxiliary force, the universal sirength of which will be determined me @ separate convention. 6. In case of disturbances in Hengary or Galicia, Russia engages to station an army of occupation in those provinces. 7. Tas two governments will invite Prussia and the German Con- federation to accede to the above stipulations. To the fifth clause of the proposed treaty M. Balabin cemurred at once, stating that ft was the firm determina- tion of bie gowernment not to take any active part in a ‘might break out at such a@ distance from their #, anc bintig that if Austria were assured of the moral support of Russia, and her eventual azsistance in in coneequence of which ry business at the Foreign (fics | other two questions, which relate to the future course of ! Hemp, jute, ‘aides, wool, flax, tea and coffee are to is ataetand. For several days his life was despaired of; d aithough the last buileting were more favorabse, some weeks sro likely to elapse before he is able to attead to hia official duties. You will perceive, ffom the details I have just given, | that the Journal de St. Petersburg as justified in stailag | that tbe reported offensive and defensive alliance between Rueeia and Austria was enuirely without foundation. The Sivernage Pchelg (or Lt beitla du Nord, as it ia generally | called in Western Surope,) goes still further, and rays | that !tcennot possibly foresee any circumatances under which such an alliance could be contracted. But of this Tam not quite 80 sure, though it must be allowed that no- thing would be more unpopular here than the renewal of cur former connection with Austria. It is the goneral opinion im our potitical circles that the Iteiina ques- tion will sertaimly lead to another war, and no one can te!l whether in tbat case events will not take Russia will be obliged, nolent viling, ta epgage in the contlict, especially if the crisis ex- tended to Turkey, where such an immenee mass of com- bustible m, terial is already accumulated that the slightest: spark 1 tuflice to prodece @ conflagration. [ under- sland our government are already taking messures ta be prepared for such an eveatua ity. Twe corps d’ermée wil be concentrated on the western frontier, and one in the seath, (Beesarevia,) besides the army of the Caucasus, which is such & turn that Suil on Che war ‘ooting, and will remain so until farther orders. If hostilities should actually break out it ia thougkt that old Prince Gortachakeff will retire from the command of the army ia Polamd, and his wace be supplied by Prince Bariatiogky, wo ‘would de eneceeced in the Caucasus by Gemeral Kateoin, now Governor General of Orenverg, where he hes greatly distinguished bimeelf by hie successfat expeditiens ia Can- tral Asia, Prince Vactiteptkotl, afjome to the Minister of War, has resigned office on account of healta, and is to be replaced by General Milutin, chief of the staff of the Circageian army. Count Mouraviei! Amooveky arrived here lately from Iskootsk. At tae Amoor things are not ‘going on 80 well as might be wiehed, and it is said tue Count requests to be relieved from the brilliaut bat ar- duovs post be has occupied for the last twelve years Im Fastern Siberia. Grand Dake Nicholas, the Emperor’s cecond brother, started the other day for Nice on @ visit to tue Emoret Nw .ger, who bas been speniing the winter there, and #e state of bealth is such that she cannot be expected to survive much longer. I believe his journey has no po- litical object, though it serves to show that we are stil! on good terms with Sardinia. THE SAVOY QUESTION. ‘The annexation of Savoy to France was generally re- garded ag an accomplished fact. The London Times ad- mits that the Emperor Napoleon had gone so far that he could not in honcr recede without a fight, and says that he must be permitted to carry off his prey. It is asserted tbat all tbe appointments of Prefects and other oflicials for Savoy had been completed in Paris. Tho Paris Patrie publishes a letter from Turin, stating that the question of the annexation of Savoy had been definitively settled between France and Sardinia. ‘The Savoy deputation, consisting of forty members, had arrived in Parig, and had been received by the Emperor, The Emperor received the deputation from Savoy at half past two on Wednesday afternoon. The deputation presented the address. The Emperer expressed his pleasure in receiving tho deputation, and the following is said to be the sense of ris Majesty's speech:—“The reunion of Savoy and Nice has been resolved on princi- ple. The assent of Piedmont and the population has been obtained to the reconciliation of the frontierg, and the negotiations with the Powers who signed the treaty of 1815 permit the hope of a favorable examination of the question by the greater part of them. Friendehip for Switzerland bad aimost caused a cession of territory to be promised, which he believed would not be contrary to the wishes of Savoy; but as it was known that the popu- lation refused that Savoy should be dismembered, France renouncec this cession, alhough wishing to protect the interests of Switzerland.” On Satarday the depytation will dime at the Tuileries. The Times says the Municipal Junta of Nice has voted against (he annexation to France, and the National Guard elected by a large majority a colonel attached to the old allegiance. The delegate, despatched by the Muncipality of Nice, is now at Turin, and ts engaged in urging the Sar- djuian government to prevent the severance of the coun- try of Nice from the kingdom of Victor Emanuel. A deepatch from Vienna announces that Austria will pronounce herself againet any violation of the rights of Swiss neutrality guaranteed by treaties. ‘The treaty relative to the cession of Savoy is said to have been signed by France and Sardinia before tho issue of M. Trouveuel’s despatch of the 14a March. The Annexation of Savey iu the British Parliament, Jn the House of Lords, March 19, ‘Tho Earl of Carnarvon had asked a question of his no- ble friend last Frioay concerning papers which had been produced relative to the annexation of Savoy and Nice to France, and as to marked ‘iscrepancies between the dea- patches and the telegraphic ceepatches which appeared in the motning papers; and eeconaly, he had asked him con- cerning a circular des; of M.’ Thouvenel, explaining the views of the French government, and wither that deepatch had been laid upon the table. He would not bave troubied their lordships as to M_ Thouvenel’s circu- lar but for certain observations which bad escaped tas noble lord the Secretary of State for Foreign Atfairs on the same evening in the House of Commons His noble friend ‘opposite had implied that he (Lord Carnarvon) hat over- flepped the limits of discretion; Dat if he wore disposed to retaliate he could point out uot only discrepancies between despatches and telegraphic despatshes, bat between min- istere—colleagues in the fame cabinet. The noble lord the Secretary of State for Foreign Affairs thought the despatch of so much consequence that with- out communicating with his own colicagues, and with- out even being asked for its production—unaskod and un. golicited, and whilet speaking upom a wholly different potnt—he stated the nature of the comm é. (Hear.) He assured his noble friend opposite that he Would not press for information upon this or avy other matter with a view of embarrassing the government, or where the production of euch information might be inju- rious to the public gervice He thought their lordships ‘would agree with him, that if the Foreign Secretary was Tight in the course he adopted he (Lord Carnarvon) could not be very wrong in dolng what he had done. (fsar.) He thought the discussion of the subject, so far from weakening, had strevgthened the hands of her Majesty's government, and had elicited « feeling in the country as to the question of the annexation of Savoy which could not be mistaken. It was not yet, it would appear, per- fectly certain that Savoy was’ annexed—it waa not quite clear that the annéxation was complete—though he feared they were on the verge of it. Tho noble duke did not attempt to contradict the facts dis- closed by the deepatches; and from other sources of information it was stated that two regiments of French eoldiers were ordered to Savoy, for the purpose of securing, be eupposed, the freedom of election there. Tt might be impossible to avert this proceeding for the an- nexation of Savoy; but whether the annexation was to be limited to the Alpe, and not more in the direction of other States and other frontiers or not, it was most important that their lorcsbips should be in possession of all the in- formation with which the government could fornish them, s0 that they might have every fair opportunity of discuseing and forming an opinion upon it He conciaded by asking the noble duke (Newcastle) to lay upon the table of their lordships’ house as acon aa possible the h of M. Thouvenel, and the answer of the Foreign Secretary thereto. The Duke of Newcastie was sure their lordships would excure him for not renewing the couversation of the other evening. Hie noble friend had asked a question, and had aright to an answer; but he must observe that his noble friend had misquoted tho observations of the nobie lord at the head of the Foreign Office. His noble friend (Lord Joh. Ruesell) did not say that the despatch woutd be laid tpon the table as soon as answered, but that it would be Jaid upon the tablo as soon as the aoswer had been sub- mitted to her Majesty, and that the answer aud the despatch would be upon the tadle together. In the House of Commons, March 19, Mr. Kincuaxe, in rising to ask the question of waich he had given notice, said that he had never risen with more pleasure to adarees the House than he did on the present occasion; for he rejoiced in being able tosay—unless some moat inexplicable hoax had been practiced on him—that the latest news from Nice was of the moat gratifying de- scription. aes hear.) They had been told that the people of Nice were most anxious to become allied to the great empire of France, and that if a small and insignia- cant faction thought otherwise, and wished to remain an- Dexed to Sardinia, they were not to be indulged in thet malignant loyalty. He had within the Inet hour and a half received a despatch stating that the municipality of Nice had voted to remain annexed to the ktiagdom of Sar- dinia— (loud cheers from both sides of the Honuse)—and it had also declared that if France should declare that their remaining annexed to Sardinia was incompatible with the safety of the French frontier, then the municipal council of Nice anxiously prayed that they might remain an in- dependent State. lavgh.) The despatch wont on to say that a deputation hed gone on from Nice to Turia, to cary thither the decision of the munictpal council, and that @ vote of thanks had been passed to three members of the British Parliament, one of whom was the honorable mom. ber for Horsham, and another the honorable baronet the member for Tamworth, whom be (Mr. Kinglake) hoped he might be permitted to congratulate. It was oxtremely gratifying to him to see the eon of & man who had exercised Buch a vast influence over the fate of empires thus earnin; ‘the tha: ofedistant people. (Cheers.) The question of whieh he had given notice was one which he ventured to ask with a view to the course he shoukl pursue with re- Maintaining internal tranquillity, she would be fally re- Paid for any concessions rhe might offer on other points, especially ag her present condition readered the value o! such concessions extremely problematical. Tne fifth clause wae accordingly struck out, and the amended sketch was then transmitted to St. Petersburg. Prince Gortacha- koff replied that, a from a!) other considerations, the very fret paragraph of tho intended compact was at vari- ence with obligations contracted by Austria towards other Powere. By the additionnel to the treaty of Paris, signed by Austria jointly with France and England, on the 15th of April, 1866, thess Powers hai bound them. selves to maintain the stipulations of the treaty aforesaid in all their integrity, aod net to allow any part of them to be revoked or modified, excopt by mutual onscnt. Hom, then, could Austria opgage tosapport Russia in Apropoaed revision of the treaty? And would she not, on the con- trary, be cailed upon by France and England to join them in opposing any such revition? To this Count Rechborg responded, with great alacrity, that Austria oonsifored her prior exgagements with France to have boen can. celled by the hostilities that had broken out betwoen thom ince then; that they had not-been con@rmed by the treaty of Zurich,’ and that the Austrian government, therofore, it Hverty to reconsider their poliey in reference to questions, He added, at the same tims, that hay- 2 thax disposed of the object raised by Prince Gorte- hiakof in respect to the proposed treaty, Priacs Alexan- der of Heese would be despatched to St. Petersburg to coufer with the Russian government on the subject, ant to come toa defloite agreement with them on the bases alieady Jaid cown. This suggestion, as you know, was met by our Fore'gn Minister with a decided nogative ; the Journey of I'rince Alexander was countermanded, ar:t the negor‘stions remained in abeyance, our government only accep..tg the declaration of Austria that she conc ered the tri, wtits treaty concluded by her with Franso and Fogiand to Dave been virtually abrogated. Siacs | dangerously i!1, | gard to his pending motion. There was very naturally a great anxiety on the part of many honorable members to know the course he meant to take; but the truth was that the aifair of the aanexation of Nice and Savoy had boon so constantly passing into new phases that it was ex- tremely difficult to know the exact time and the ex. act form in which to bying it before the House. And ho must be permitted to say, although he did not say it in any epirit of taunt, that the communications tha Houss had reccived from her Majesty’s government had varied very considerably. Ow Tuesday ny pees told by the Firet Lord of the Treasury that he had every reason to suppose the opinion of the g: wers would be sincere. ly asked, and followed by the French government; bat ‘on Friday the noble Lord the Secretary for Foreign aTairs apoke in such @ way asentirely to dissipate the hopes which might previously have been formed. Theso cir- cumstances mado it diffiouy for him to show in what form to eubmit his motion. All he could say was that he hoped to submit it in such a form as should tend to etrengthen her Majesty’s government; bat on the other hand, he should not shrink from putting it in whatever form might be necessary. At the same time he should be most happy to hand it over to any hororable member who might bo anxious to take charge of it. The questions he wished to ask the noble lord were—firat, whether the yovernment bad received the appeal which was understood to have been advreesed, or was intended to bo addressed, to the great Powers of Europe; anc secondly, whether govorn- Tuent woold weigh well the statemen’a coataiaed ia that note, before replying to the despatch of M Thouvonel. Lastly, whether government, ia replying to the Swiss go- Vernmert, would alsy put themselves in communicauon with the cther Powers, wish a view of obtaining, if poasi- bie, a common action. Lord J. Russert said, in answer to the first question of my honorable friend, namely, whether government has received the note he describes, I have to eay that govern- her Majesty’s government, I have to appeal to ths House for ite forbearance. (Hear, hear.) 1 stated tho other eveping that Sarpalcnee of great importance bai beea re- ceived from M. Thouvensl, and since that time we have received the same intelligence as my honorable friend, namely, that the Swiss government mean to sppoal W Paris and Turin, and to gend a note to all the great Powers of Europe with regard to the acneration of Savoy and Nice. Under these ctrcumstances I ask the forbearauce of the Flouge to leave her Majesty’s government W deide- rate freely, and at the same time carefully, on the answer they may think proper to return to M. Thouveney, oe ) It must be remembered that answers givea in is Houge are not confined to this House, or even to this country, but go allover Europe, as they have boon or way be given under the different phases of the aanexa- tion, and that thus they may be seriously prejudicial and embarrassing to the government. A time must come when the conduct of goverameat will have to bo laid be- fore Parliament; but for the present I must repeat my re- quest for the forbearanee and indulgence of the House. France. According tothe Paris correspondent of the Lond: Post tbe relstions of France and England were not in a Very eatisfactory state. ‘The camp at Cbalons this year is to consist of 60,000 men, under Marehal McMahon, The Paris correspondent of the Londen Daily News says tt was Saat * French diplomatic manifesto would shortly appear in which all designs upon Rhine frontier will be expressly dieclaimed, and the in’erence will be repudiated that because France fer special roaeons ‘now adds two small parcels of territory to her empire, ‘fhe therefore means te set a precedent for claiming what are called natural frontiers. Reports had been current that Fresh troops had en- tered Savoy, but they were pronounced unfounded. Tae Paria correspondent of the London Morning Chronicle ax- serie that tbe statement that troops were under orders for Savoy was at least premature. Tt is stated that the export duty on rags which the French government proposes to substitute for the abso- lute prohibition hitherto in force, will am unt to about 100 per cent on the price of common rage, and fifty per cent ‘on the price of the best quality. ‘The provisions of the commercial treaty between France and England were in full operation, and the export of Yrench goods to England on a Jarge scale had already commenced. Ccmmercial men in France were said to bo realizing daily the advantages of the treaty. The Moniteur publishes a list of persons who have been be duty free. “wenty per cent duties are to be lowered to ten per cev,t, An inv’ssion of Kokees bad taken place in T’pporah. 1,000 p’craons were murdered. 4 A eport was current of treason at Indoor, "ie capital ah “éxchange 28. 1d. ‘The mails with the above dates reached fover on the Morning of the 2lst, too late for the Kangaroo, Visit of the Prince of Waites to Canada and the United Séates. [From tue Londen Times, March 20.) One of the moet inveterate traditions of our iathors was ‘the immobility of royalty. That the king should remain habitually within a certain racius of his capital, and never go beyond it, except for the purpose of making a solemn ‘and fermal visit to some loyal province, was with tac later #>vereigns of the House of Hanover almost an article of faith. The Gret two Georges were, of course, con- stantly running over to Germany; but when the prince 6 is and educated in the country, ‘gloried in the name of Briten,’’ came to the throne, the Tycoon of Japan was almoet as immovable. This may have been parily the result of natural eluggishness of mind, batit was, perbaps, more an imitation of French and Spanish royal- ty, which had then reached the eztreme of absurd puac- titlousness. Whatever the oauee, George III. was coatent to oscillate all his life between London and Winda>r, and an excursion to Weymouth was the most formidable jour- ney which he ever attempted. His son and successor never visited either Scotland or Ireland until he had ascended the throne, at the age of nearly sixty years. King William, though he had seen the world in his youth, was almoet as stationary after he had ceased to be midebipman. It cannot be doubted that much of the nar- Townces of there sovereigns, and the despoiic tendencies of the first two, arose from’ their having seen so little of the world, and even of the country they were to govern. In the age before railways, the greatest lords were con- tent to paes much of their time in residences almost suburban, being deterred by the enormous expense from transferring their households frequently to Northamber- land or Derbyshire and back. The sovereign encouraged this dislike ot locomotion by his example, and, in spite of grand tours in his yonth, the English milord could not be Baid to be a really travelled man. Now, however, Englishmen go everywhere, in Europs and in the East, and royalty is about to lead them toa field which, if not untrodden, is less known than it should be. The Prince of Wales is likely to make American travel popular by his intended to Canada. For the decorated with the Legion of Honor for services rendered to the army in I'aly. ‘The Paris flour market was dull and drooping, aud in order to effect sales holders had made a reduction of If. Per sack. The priee of wheat was well maintainod. The Bourse has been dull, and on the 2tst prices de-* clined. Rentes which were just done at 67.95, closed at 67.80, or 3; lower than yesterday. Italy. Signor Farini arrived at Tard on Sunday, the 18th, and ‘was forthwith presented to the King. Signor Farini said, “T have the honor to place in the hands of your Majesty the legal document taining the returns of the univer- sal suflrage of the ple of Emalia. May your Majesty deign to receive them with favor, as a token of gratitude and confidence.” The King replied, ‘‘ This manifestation of the nation’s will is so upivergal and so spontaneous that it confirms to Europe, at a different time, and under altered conditions, the vote already expressed by the Na- tional Agsemblies of Emalia. This manifestation com- pletes the procfs of the order—perseverance, patriotism and wisdom—by which these people have merited univer- tal sympathy and eateem. I accept their solemn vote, and henceforth will be proud to call them my peopie. Ia uniting to my ancient provinces not only the States ef Modena and Parma, but also the Romagna, which has al- ready separated itself frora the Papal government, I do not intend to fail in my deep dovotedness to the chief of the Church. I am ready to defeat the independence necessary to the supreme minister of religion, the Pope, to contribute to the splendor of his Court, and to pay homage t»his sovereignty. Our Par. Kiamest, in receiving the representative of Coatral Italy, will ae prosperity. liberty and independence to the new kingdom. The ciliclal Gazette publishes a royal decree, annexing the province of Emalia to Sardinia. Another royal de. cree convokes the Electoral Assemblies of tho Emalian provinces for the 25th of March, and another decree ap- points fifteen new Senators. Nothing cecisive hai taken piace relative to the an- Bexttion of Tuscany to Piedmont. The Tuscan Assembly bad diesolved. The Paris Patric states that 51000 men were about to be levied in Tuscany, and 25,000 in the Emalian pro- vinces, thereby increasing the Sardinian army to nearly 300,0C0 men. It was aeeerted that Piedmont would contract a loan of 160,000,000 francs. The Director of the Pablic Debt of Roms had gone to Bruseels to contract a loan of ten million france. The government of Rome had authorized the imports- tion of wheat and flour into the Pontifical ports in the Mediterranean. ‘The Paris Con:titutionnel etates that the Pops had ad- dressed a monitory to King Victor Emanuel intimating that benceforth all relations between his Holiness aad the royal family must be conaidered as broken off. That his Majesty understand that he has openly violated the Jaws of the Church, and is formally excommunicated: Tho Holy Father reser¥es to: himvelf the duty of taking into consideration the interests of the universal Church ani the good Catholics of Piedmont before proceeding to geverer measures, which, in any event, weigh from heace- forth upon the person of the King. Je Nord says the moment the Pope's bull is fulminated the cities of Milan, Genoa, Leghora, Taria, Bologna and ‘lorence bare arioed to illuminate, and give the charac. ter of a vational celebration to the event. It was said at Vienna that the French troops at Rome would retire to Civ:ts Vecchia if the Pope excommuni- cate Victor Emanuel. Another report from Vienna is that the Neapolitan Le cd will at once enter the Papal States if the Sardinians take possession of the Romegna. Mian, March 21, 1860. The French army has to.day commenced its retdrning movement to France—the Kightieth regiment of the line by way of Suga, one company leaving psr day; tne Second regiment of the line by way of Nice, the battalion departing to-day. Austria. It is stated that the French Ambassador had informed the Austrian {eA oe of the approaching evacuation of Lombardy by French troops, and, ia the name of his government, expressed a wish’ that, after the departure of the French troops, Austria, in accordance with the principles contained in Count Rechberg’s despatch of the 17th February, would continue to ob- serve non-intervention in affairs of Central Italy. The Austrian government had despatched ita ro- ply direct to Paria, The Austrian note says that since the interview at Villafranca the Emperor Fraa- cis Joreph has made too many sacrifices for the main- tenance of to be able to recommence a s*rugg!e which would soon become a European war ; bat although keeping @ merely observant attitade, Austria believes, nevertheless, she must draw the .attention of France to the eccret intrigues of Sardinian agents in Venstia, as well as to the ccntinued provocation of the Piedmontese minis- try ; and she repeats moet distinctly that the Emperor Francis Joseph would not hesitate to make the greatest eacrifices in defence of his rights over Venetia. Letters from Hungary report popular demonstrations at Pesth and at other places in commemoration of the revo- Jution of the 16th March, 1848. A Vienna despatch of the 19th announces that Austria, considering the ann; xation of the Central Italian States to Piedmont a flegrant violation of the treaty of Zurich, which formally reserved the rights of the deposed princes, had reeolved to adjourn the renewal of official relations with the Court of Turin. The Baron de Bremner, who was to act as representative be at Turin, had returned to his former post at thens. The Paris correspondent of the London Port telegraphs that the report that Austria had joined in the protest of rland on the question of the annexation of Sayoy ig without foundation. Naples. Letters from Naples speak of continued agitation and popular manifestions on the frontiers. The Ambassadors of the Western Powers had given advice to the . The Austrian government had fom nee of severe measures which were intended, and an Austrian General had arrived Naples, A dence on Austrian affairs bet usgell and the British Minister at Naples had been laid before the House of Commons, These ° mente show that the English Cabinet has earnestly re- monstrated against the Lome of the Court of Naples, but without producing any important general results. Lord John Ruerell, in his last despatch, gives some sound and strong advice on tho necessity for reform. General Filanghiere had resignod, and Prince Casaro had eucceeded him as President of the Council. Hanover. A telegraphic despatch from Hamburg announces that Hanover had proposed an indemnity as the basis of ne. otiations in the universal conferences concerning the re- Semption of the Stade dues. Eogland had refused to agree to the amount proposed, but negotiations were Deing contizmed. Portugal. ‘The Cortes had authorized the free exportation of wheat and barley until the 30th of June. The Portuguese ‘Minister of Marine is dead. Rassia. It was expected that Prince Gortschakoff, who for some time past had been seriously ili, would at his own re. juest be soon released from his duties as Minister for oreign Affairs. Baron de Budberg, Russian Minister at Berlin, was spoken of as his successor. s wpa pe aes a way of Gibraltar we have some particulars of the opecing ote weoaed ‘ign in Africa. In the last ent Spanish lost 260 killed and wounded. , The Moors whe took in the action - ‘bored 16,000, and the action inated saves dours. sig Another severe fight took place on the 7th, im which were victorious. the ‘Tangier was ex, to be attacked in a few days. The whole of Spanish fect had left Gibralter for ‘Tetuan. ‘The of Morocco is stated to have seet an to Mart O'Donnell declaring that he would proseoate the war ts the very last. A Madrid despatch asserts that Gonerais Prim, Biosand Zabala had been raised to the dignity of Grandocs.of Spain of the first class. 6 Autographa announces that ag the ‘Moors will only consent to pecuniary sacritices as comdi- ions of peace, War mast be continued. India, Bombay Seegraghic despatches to the 25th of February report that the loans were al! closed, and aa income tax and a State paper currency announced. The income tax will be 2 per cent on incomes of from £20 to £59, and above that four per cent. Im it alterations are to be made in the tariff. The duty on twist and yarn is to be raised to ten per cent, and ealtpetre i to be subject to a duty of two rupees per maund of 82 Ibs. The license bill bad been modified and the scale re- ment bas not recelyed such a note. With regard 1 the | duced. first time since the discovery of America, an heir appa- rent to the British Crown is to cross the Atlantic, and in his character as the tuture ruler of this Empire receive the respects of one of its most flourishing provinces. Other Princes have visited the Western world in military or paval capacities. The father of her present Majesty held bigh command there. But the unity of the Empire and the :fatus of the British North America as a great allied province, and not a mere dependent “plantation,” will for the first time be reco- goized when Albert, Prince of Wales, sets foot on its shores. The Governor General, in opening the Cana- dian Parliament, announced the™approaching visit, and the satisfaction of gll classes bas since been loudiy ex- Pressed. The people of the North American colonies are Prepared to receive the Prince of Wales with every de. monstiation of regard. Not only as a tribute to his sta- tion as the futuge head of the greatest commonwealth in the world, but as the representative of @ rule which has conferred immense benefits on the provinces, the Cana. dian pecple will give him welcome. For tweaty yoai the progrces of the North American colonies has been such as to surpass even the rapid growth of the nejghbor- ing States. Her present Majesty’s accession to the throne found the Canadians deeply discontented, and, as is now admitted, not without cause. Insurrection followed, blood was shid, and our evil wishers all over the world raised their em: the folly of seventy years be‘ore ‘was not to be repeated; justice was preferred as are- medy to the employment of Hessians, and the policy of conciliation produced not only quiet but loyalty. Since those menacing days the prosperity of the proviaces has been almost uninterrupted. The reign of Victoria has seen what may be called a nation grow up on the banks of the St. Lawrence and Lake Qntario. The population of the pray linea has more than doubled, and thoir wealth has in in @ far greater ‘proportion. Wise negotiations have broken down the commercial barriers between them and the United Staws, and al- lowed the creation of a most thriving trade. British capital, instead of neckipg inve: t among de caying Spaniards or faithléss Orientals, has been able to develope the resources of a people which is ona wich our own. The country is now traversed by rail- ‘waye; the most astonishing engineering work of tho age ha: been constructed within its territory by the genius of Stephenson; steamers of great speed and capacity are built for the direct service of the colonies, and every’ promises that the pi rity which isto coma willbe as Permanent as great. Nor have the Canadians failed to appreciate their political advantages. Under the protec- tion of the United Kisgdom they have become « nation without any of the burdens and perils of naionality. Like men standing on the shore whiie ships are battling with the waves, they are able to look on the struggles which copvulse the neighboring Union. hat Cunad2 1s anzious Sor admission into the sisterhood of American republe-s is an ‘azserton that the most reckless orator would hardly now make. The people of the provinces are ind-pendent enough in their way, and would, do dont, fiercely resent any assumpion of undue prwer by Bigland. But as long as the mother country rises with Icindness and mode- ration the Canadians are not likely to mata themscloes up with he feds of sla or throw in their lot wath a people who fets that their own future destiny is dark and troubled. L would, however, be a matter of regret if the Prince of Walce, eatis§ed with the homage of the Canadians, should neglect to visitthe republic which now plays so great a part in the world. edo not, of course, antici- pate in any case that the Prince would return to England without having set footon the United States’ territory; but there are different ways of visiting @ country, aud, as none repays attentive observation more than the American republic, #0 none is likely to be so {ll underetood by a mere flying tourist. America is not country of muse- ums and palaces, to be ‘done’’ in so many days with & Murray’s Handbook. Its interest consists in its people, in the phages of civilization through which they are pass- ing, in the political and commercial won which they display, in their energy and restlessness, greatness and their weaknesses. Although we cannot expect that may be very sure The in- terest of Americans in the decendants of the former ruler of their country is second only to that of Englishmen themeelves, and, whatever may have beensformerly the case, the feeling +8 now one of good will and sympathy. Tne Prince of Wales sb ee find both instruction and recrea- tion in a visit to the Atlantic cities, whether it be New York in ail its ambitious and span ‘new splendor or its more quiet rivals. There is much to be learnt from a few ‘Weeks of such travel—more than a royal personage may ever afterward have an opportuvity of learning. One who is called to auch high destinies, and .who will such Opportunities of directing the tastes of his countrymen, may advantageously study the progress in the arts of life by apeople thrown as it wore but yesterday on the shores of @ new contivent, a progress not less wonderful than their commercial prosperity. If the Prince of Wales ‘oul further visit the Pratdent e the Unites ome ‘ashington, the courtesy will, we feel sure, de a) ql and (end to “Grew ‘cleaer “the bonds winch wae the to countries. The Galway Steamers. EXAMINATION OP LORD DERBY BEFORE THE HOUSE OF COMMONS COMMITTEE ON PACKET AND TELEGRAPHIC CONTRACTS, . The Earl of Derby attended the meeting of the Com- mons Committee on Packet and Telegraphic Contracts on Friday last, and was examined at some length on the sub- Ject of the Galway contract. Mr. Danlop was in the chair, and there were Sir Stafford Northoote, Mr. Laing, Mr. Ellics, Mr. Baxter, Sir H. Willoughby, and several other honorable members, ‘The noble Earl eaid:—The main object before me in con- Aidering the contract was the accommodation of Ireland and of the mercgntile interests throughout portion of the United Kingdom. The commitie have before them Wroaaiy uneibe made pice ot roe of commerce, strongly urging upon the governmen| importance this mode of communication. 1 sht that the Galway Company, having established this line of communication, bad & certain claim for preference in their favor. ae ‘were in possession of a limited form of contract, which {t roposed to extend in their favor; and if there had ‘been competition, I should have given some preference to ‘@ company which had worked to the satisfaction of the public, more ore when the amount demanded for unreasonable. the service was. by 00 means . Mr. Laing—In year 1842, when your lordship wag Colonial , U believe you were prepared to assent toan aa Loco rode zt oh to ee for the pl Promoting and carrying on public works? The Earl of Derby—The object in 1842 was the cstab- lishment of @ steam packet and railway communication to Canada entirely through the British dominions. Mr. Laing—Are you aware that since that tims Canada has made great efforts to carry a line through the pro- vinoe, and incurred a pee debt of some £7,00,000? The Earl of Derby—I am aware that great efforts have been made by Canada to carry out a system of railway pewort aeons so Y hae aware that there is = mrounication entire! th the board through Britieh territories. 2, RE Mr. Laing—Are you awarc that they have carried a complete line thropgh Canada, terminating at Portland, in the United States? The Earl of Derby—Yes. Mr. Laivy defore the 9 In 1866 the subject was distinctly brought ‘itish government by the Canadian govern- Gated September, 1856, from the the Colonial bg oy case of Canada was put forward strongly, no re- newal of the Tontradl might be made without hearing what Canada bad Cee 4 ‘The Earl of Derby—In considering the extension of the Conard Com; *s contract, the correspondence of the eubject of Guusda wan not brought under the Rotice of the Treasury. ¥ As to the question of the renewal of the Mr. Laing—. Galt contract consulting Canada, had you been aware of the circumstances, is it not possibie yee would heve it it the better course to open the con. tract to com: aather thaa to complete it without ? ‘The Earl of Dorby—There would have been tion to consider:—First, by what company should be carried on ; next, the line ef communication to be offered by contract. The present lino is a co mmunica- tion with Beston and New York. The proposition of the honorable member is to put to competition, not the line of communication with Boston and New York, but with Portland. It oe been & question whether the communication jd have been with Portland or with New York and Boston. But there were other questions to be considered. Mr. Laing—If Canada had had fair notice, and had not recat = oe she Cen not have had such a grievance to comp! of as wl she found an Ment made without competition. Daher ‘The Kar) of erby—Ia carrying out steam communica- tion from the west of Ireland to Newfoundland and Bos- ton and New York, which was supplementing the com- munication established by the other line, it did not occur to the ernment to take into consideration the subject of communication with Canada. In the contract the goversipeut did bear in mind that's pant two ques- the eervice pany bad establishe?, itself at Galway, that Re pomeer way took a great interest in the matter, and that there was s promise of carrying out an ol hich had long been considered a matter of national, Bir 8 Northoote—In the Treas: March, 1858, is there any refer: & question would arise with regi ho Herl of Derby—Os tho recollection the prospective Board relative to the rene ‘That was in substance the ‘queetion was whether the contract h roached sutti~ Gently near its termination to warrant its renewal, Pe th cary We havo it in srsleace that the Post Office ‘ated, any that the Admiralty werefaot copsuire » , nd that it is not the uaual course to take ja referencs to contracts; and I wish to ask why such an unusual course was taken in the present icstance t ‘The Earl of Derby—I cannot at this moment state the- reagons why the Admiralty were not consulied; and thie- 4 not the first time the Troasury have acted in epposition to the recommendations of the Post Oftice, Mr. Ellice—I presume your loraship contemplated that the uri tepe Ebould be taken to satisfy goverom at a8 to the reeponsibility of the contracting, an4 tucir competence to carry out the contmact? The Farl of Derby—No doubt. Mr Ellice—It was neither with your consent nor eanc- tion if apy of the ordinary precautions wero omitied? ‘The Earl of Derby—Certainly not. I should be sorry if itshould be understood that I intended to dispesse with: any of the ordinary eecurities given under any c»ntract After the examination of some other witnesses the com- ‘Mittee adjourned. The Red Sea and India Telegraph. (From the Londou Hersld, March 20 } ‘The first Pca Oped meeting of this company «us. held yesterday at London Tavern, Bishopagate street... Jobn Clark Marshman, Ezq , in the chair. After tho usnals preliminaries, the gecretary read the report, ehich we havo already given, ‘The staiement of accounte waa tatep- as read. Tbe Chairman said the directors were gratified that on the firet cocasion of a meeting of the shareholiors they were cpabied to announce that the undertaking which had Deen entrusted to their care bad been comploiely accom- pe Anotber line had been made from Alexandria to~ ‘urrachee, and on Friday last a commumication vas re- ceived from India in the space of sixdays. On the sane evening, by the steamer which was about to loave, her Mojesty’s first communication from this couatry to India. * Was transmitted to Alexandria to be conveyed to Iodia. The line bad been completed ina little more than twelve months. On the 26th of January in last year a vossel, with the first eection of the cable, left: Birkennaad to procced round the Cape to the Red Sea, ant on the 12th of last month the commanication between Egypt and India, @ distance of 3,%0 miles of sea, was completed. After the company nad been formed, and they had accepted the conceasions granted eeverally by the Turkish and Egyptian govern- ments to gentlemen who had been engaged nearly three years in eecuring them, application was made to the Rri- Ush government for public assistance, the Earl of Derby being then at the head of the government, and his lo-d- ship readily offered to the company @ conditional guaran- tee dependent on the succesatul working of the line aud its unicterrupted maintenance of the line. Upoa retlac- ticn, the directors found it was impossible to @ccept sue & proposition, and bad informed the government that tne Project must be entirely relinquished unless her Majesty's foverpmcnt were prepared as once to enter into an adso- lute guarantee. On the last day of July, 1858, » contract ‘was entered into with the company, by which the trea- sury were bound to grant intercet at the ratepf 43; per cent for fifty years, absolutely end unconditionally, on a capital of £8¢0,000, with permission to the company to inereaso it to £1,060,000, if it should be neccesary to do so. The capital upon this was freely subscrive!, and the instalments were freely paid up; aod as ths sbares, even in the most palmy days of the undertaking, bad at no time been quoted at a higher premium than 17 Per cent, it must be evient that the contract mate on the part of the government was not an improvident ove, and that it was barely soflicient to float tho underteking. It - For this sm: was also provided by the contract that two gentlemen officially appointed by the government should atvend the mseet'ngs of the |, and ail thelr meetings hal been attended by one and genera'ly by both these geatiomen, Who had taken part in the deliberations of the board, aad Without their concurrence no single measure had been adopted by the board; and here he Geeged to say tae the Girectors felt bound to acknowledge court :sy which these gentlemen had always displayed, at the sane time alweys having in view the strict line of’ duty, and the in- terests of the government and of the sharcholiers. 1b» Qccounts of their expenditure had been most strin- gently audited by government officers appointed fer that purpeze; but the aot required that they should that day elect two auditors for tno share- holdera, and it would be for the meeting, moreover, to eecide what should be the amount of their fees. Sir * Charles Wood, after communicating with the govornment in India, bad determined that there should be a unitorn Tate of charge of 68. a message from Kurracaee to every part of a districts to the cast of Calcutta excepted. sum messages were to be conveyed for faire eg pas, wien = acarcely one third of charge w! was le for such a distance La yar ap The caaaee. m e charge 8! rete aca the island. leepest obligations to her Majesty’s government for aezistance which they had rendered the compiny 4 granting them the use of her Majesty’s ship Usclopa, which bad been employed for a period of nearly eigive a monthe in takiog soundings in the Rea Sea, &:.; and 19 fame tribute of reepect was offered to ths officers au ic-ew of the Retribution, which"had been employed in aceo-npe- nying the laying down the cabies in different places Tho necessity of having ons or more eteamships t» visit tha different stations time to tims had D AcknOW- lecged. It was necessary to have euch acristance to secure the upinterrupted worktng of the line, and to }ook to the care of the instruments employed, which wae eapecially ro- quitite on the Red Sea and its viclaity. From tie im nense clouds of tmpalpable sand which penetrated the jnstru- ments, it was absolutely neseesary that they ehon'd be examined from time to time, and the Board hei entered into a contract with a party for the construction of a ves- se] which should be adapted to the navigation of the Rod Sea, and which would take her ¢ceparture 1a May next for that destination. For the repa'rs of the instronente a workshop had been opened tn Alexandria. The commu- nicafion between Europe and Alexandria hai no: peen completed, The honorable I it oo having goup at great iength into a variety details, showing the pro- gress made in this great work, concluded by moving tae adoption of the report. ir. W. Dent seconded the motion, and congratulated the meeting that the communication bad been opened from the mouths of the Indus to Kurrachee. Tte contract between Alexandria and Constantinople bad for the pre- eent failed; but ultimately, from the prospect of the com- pletion of other lines, by Gibraltar, Malta, &> , communications between London and Calcutta Would not occupy more than twelve hours. With respect to the capital of £300,000, there ‘was a power to increase it to £1,000,000, the fact being that the £200,000 was reserved for shipping, the govern. mett bavirg taken the of findingskipping. Bat the government had not done this, the company wou! bave this £200,000 to repair the cable when not in order. ‘They had had a warning of the mishaps to which these undertakings were liable; the accidents which had hap- pened bad been ri 4, and, on the 10th of this month, they had received the first through communication from “India to Atexandria. Duing apy interruption their 436 Per cent guarantee was safe up to £1,000,000 Should unfortunately, contingencies arise by which the £1,000,006 should be expended, then they would have no fonts, and the government would have liberty to take over the line and pay the company off ; but, til! they exercised that o9- ticn, they were compelled to pay the 434 per cent. The honorabic gentleman detailed the particulars of the inter- ‘views had with the Earl of Derby when at the head of tae government, and concluded by seconding the motion. On the question being put, Mr. Mauixs rose, and in along speech contented wat however flattering the report might appear to bo, there ‘were many considerations of a contrary character to be taken into account. He maintained that the 43; per cent Was subject to many casualties and conditions (cries of “No, n6.”). He disputed the accuracy of the judgment of thoge who had induced the board to adopt ao iight » cable, and expressed himec!: op} to many features of the policy pursued by the The Chairman and others satisfied the meeting that nothing could effect the 434 per cent which they were to- receive. As to the cable employed, it had been recom: mended by the late George Stephenson, and other scien- title men of the jest sianding in the country. A long and desultory convorsation followed, the result of which was that the report was unanimously adopted. A tion bas just b Desa sigue betwras the Neapott. convent ry - tan and Ottoman governments for uniting the two coun- tries by telegraph, and ane. that line in correspondence With thoee of Austria and Russia. The submarine cable: in the Adriatic will be laid down between Otranto and Vallona. Two lines will etart from the latter place—obe- telegraphs at Cattaro, passing by Scu' towards Constantinople, the other rejoining the Auetrim. 4notber lice starting from Constantinople will go to tae Russian frontier near Ismail The Chinese Expedition. The eullden departure of Lord Bigth for sere eudden ure rd Eigin for Paris has given. rige t0 suspicions which are probabiy not witeourionein, ticn. The official explanation given by Lord John Rosell - that instructions bad been drawn up for the Eaglish: Plenipotentiary in which the French government gene- rally concurred, but that there were some points which: were still open to discussion. One of the Sro told, is “‘whether the two negotiators, Lord and Baron Gros—each -of them Taving the fall and confidence of their respective governmonts—shouk! have eupreme authority over the naval and muitary com. Manders, and have the powers. of stop, operations. wherever they should think it advisable to do 0.” We: have no positive grounds for affirming that thoro je ». “‘hitch”’ in the combined ition, but the delay that. bas already taken place, and the visit of Lord Elgin to the French |, give some reason to believe hat the points to be discuseed are of @ much more serious: kind than Lord John Russell would have us believe. we ben trust: THE VERY LATEs?r, TELEGRAPHIC I ROW LONDON TO LIVERPOOL. ‘Sesway Evemna, March 81, 1860. ‘The tendency of the stock markets today was more> favorable, the slowness with which prices recede hos dis couraged some of the speculators for the fall, and induce2: them to buy back. A little hesitation was occasioned by” the despatch respecting the sulkiness of Avstria; but at the close renewed firmness prevailed, assisted by intelli. gence of an improvement on the Paris Bourse, coupled with a slight advance on the foreign exchanges, and the latest quotations were nearly a quarter per cent above those of yeeterday. British railway stocks remain very’ strong and have likewise advanced. The demand for- money continues active and no business is done below the: bank minimum. There were again no bullion operations: at the Bank. English funds continue to be unfavorably inflaenesa by the impression produced on all minds as to the cha- recter of jhe proceedings by which Franon has arontent