The New York Herald Newspaper, June 17, 1866, Page 1

. 10,883, EUROPE. Arrival of the City of Paris and Borussia. ne The Italo-German Paris Con- ference a Failure. NeOrganization, and War Re- garded as Inevitable. French and English Announcements of the Negotiations. Anatria Decided Against Uiterior Motives and Outside Questions. Mr. Disraeli on Hogiand’s Policy in ational Conferences. He Assails Lord Clarendon as a Conspira- tor Against the Free Press. THE REFORM BILLS DEBATE. THE BOMBARDMENT OF CALLAO REPORTED ‘Phe Stock Exchange Nervous, but Consoled by * the Money Reports from Washington, THE MAREKETS. de. &. &e. ‘The Inman steamship City of Paris, Captam Kennedy, Grem Liverpool on the 6th inst. and Queenstown on tho ‘Sth, arrived at this port early yesterday morning, making @@0 of the quickest passages on récord, ‘The German mail steamship Borussia, Captain Schwen- om, from Hamburg Jane 3, arrived at this port yester- ‘The news is four days later. Agra & Masterman’s Bank of London has (June 1) sus- praded payment. The liabilities are heavy and wide- @pread, The directors do not doubt that all will be paid te full, and that only an inconaiderabie amount of the paid up capital will be lost, The event caused consider ete commercial depression, although it was not un-x- ‘The Paris Bourse om the 4th was extremely fis!, Beates closed at 62.75, more than one per cent lower (@an on the 24. On the Sth the depression increased, ad qvotations fell to 62f. ‘The Russian forces in the Caucasus, on the Turkish @rontier, are (June 5) being strengthened on the west of $he Euxine. Russia hapaleo formed a camp in Bessara- ts Despatches in Vienna, of June 5, from Bacharest, an- ‘Beunce that a serious riot has taken place at Ibraila ‘Who frovtier guards resisted the order to join the army at ‘Becharest, rose against their officers, and demanded to Be sent back to their homes. The government at first endeavored to compel the obedience of the matineors by ‘qaeans of the regular troops, but as they were supported ‘ty the population it was obliged to yield. ‘The Paris Patrie of June 6 says:—At the conference oh Fi eae my upon the question of the Danubian prin- eipaiities the Turkish representative renewed the pro- eet of the Porte against the installation of Prince Charles ef Bobenzollern, and demanded au armed intervention 4m the principalition The Russian representative stroug- opposed this proposition, giving It to be understood as ‘should the Porte intervene in the principalities Rus- @e would take a similar step, The conference came to 80 resolution upon this point. The relations of the Pow. @rs with Prince Hohenzolern will coutinue to be of « em) official character. The London Army and Navy Garette ia disgusted that @e Chinose princes in England were left to find their @wn way 10 Aldershott camp, with no one but an oilicer @ eng neers to receive them, and no lunch except what hey happened to pick up at the mess of @ hospitable corp. A favorable change in the weather has caused a con- @éerabie improvement in the bop plantations in Eng- fend The reports from the various districts throughout ‘Bast and Mid Kent all concur in describing the plant as mud improved. ‘The Registrar General of Shipping in England reports (hat in the year 1865 thore wore 21,626 British registered weasels (exclusive of river eteamers and colonial veeseis) employed in the home and foreign trade of the United ‘Kingdom, not reckoning repeated voyagea, The wnage was 6,408,451, and the namber of men employed 197,663. ‘Tue steamship Queen lef Liverpool simultaneously @tth the City of Paris for New York. ‘The Pennsylvania reached Liverpool on the morning fat tho 84, and whe Tarifa ou the ovening of the 41h of Fauna ‘The Moravian arrived at Liverpool early om the morn. fing of the Sth of June. The steamship Bremen, from New York, arrived at Beathampion on the 6th of June ‘The City of New York was off Liverpool when the City of Paris left, and bad im tow the steamer City of Lime- from New York for Liverpool, with her machinery nadie The Paris Conference Peace Plan a Patlure—Austria Persist: Tt ts with the depost regret we announce that the bopes of seteliag by @ Conference the disputes which Mow agitate Kerope must be abandoned. The French Government has telegraphed to cur own that in couse. bg of (he peristence X Austria tw Gmporing conaiions ich Would make the dwcusiona @ugatory, the Con- ference wili not be held = 1t would, tadeed, be « mock. ry (0 call vogetber the representatives of arent vPowers on terms which would necessarily thetr to compose thet,” disputes eon themactors, or to resort to "he final We can ooly hope that the former i, but everything must now be dove Tite decision of tue Austrian Emperor will be term 4 By bie @imirors firmaees, by hi emies perversity, Wy" have no desire to judge harshiy @ sovereign who has oer- tainly rweetved much proworalin, but it i be proved by tootemper i owe that she bas strangled tbe here is onc who wishes her ‘!!, of Prussian Taian onan + cit'ation, which would vertainly have eettled all the Gincrences of the Cot and in Ww D ‘had ft for tho of ono y ree wi Dethe ¢ of. allan and Frenchman, and it is to bin they will have some t ne or) maintaini ace edie uw ence _ gave the lab” necessary for ‘Aware BS %Guetenn free a ‘ous German adversary, it could not ve been prevented, it could hardly have boos delayed, by letting the Plenipotentiaries meet and find ou themselves the impossibility of @ set lement, We ‘ever attacbed much importance to the wave ‘80 far as it gave the public opinion of Europe the oppor- wy MS pronouncing officially on the fed gS pu t 10 appear Wo rej ag it were, to fear this Jens discussion atenee the moral weight of any power. canee of Austra must be bad when she seenis afraid even to listen to the opinions of petnteramed _stasesinen, That’ there should be room for ‘accusation is the more to be regretted since, in the opinion of impartial men, the cause of Austra. might ve very foretbly defouded. Im Germany she o> was till days since, completely tn the night. ning that the Elbe Duchies form part of the Confederation, she bes uniformly demanded that of in tend 3 If she wishes for a war which shall bs &: should be di with German public law. The Ce ed supported by the bray br the publi¢ opinion ot itself, to taken, nia boa Leet Cabesepuamat ta) wel shameless asresien, ere the German question the | only one involved iu the mee overs sieht (healed Sas would be on the side oi Austria. There is ee Hatian dispule also, yo. even for the holding of Venetia the Austrians can present uments which it would be difficult for statesmen or vr pesla of least nant, — of the province rests @pon a& 01 ri Ww they to the of fete oppo- 1. Venetia, its sort, ite f naive Outwork of the empire is theirs by solemn treaty. Jt was Wo the great Napoleon, the ruler whose teachings the present of the French pro- feases to follow, that they owed their first possession of Venice. It was taken from them in 1805 by the chances of war, and tell to them again in 1816 by #ame arbi- trament, It was confirmed to them treaties Vienna; the General Congress of 1856 di question their right to it; Poti riggy ote ers they ceded oe poleon, might ret rion 8 sessions that are sundzred hor and ask who ist cast the urge that no equivaient has been orcould be them; that they will not take money, and that po terri. bg Be their frontiers can compensate them for the loss of Venetia, or is fa the power of the Conference to be- be expected to anpex the ut Servians, the Monte- Begring, Bosnia with a large number of Mahomedans, or the Danubian ipalities which bave just chosen a est’ «They might - neutral " powers stow, if even it were suitable. 3 zie any representative of the by simply asking him what he could pose that was honorable and just. We have ven | FE Pf itt rit i cite =e i i i F i i H e if i ty fl efghs Cid A it i “ : it Ansrians again in — of Milan, Ali Freueh has little desire for another war with Aus ab, if it must fight, it would rather fad another foe, yet pptierg ny tyr al of Italy would Teng it again into the fel REPLY OF PRUAsIA, Bears, June 3, 1844. The bret'vtog | ie the reply forwarded by the Vrussian Cabinet to the tuviiation of the meutral Powers to attend the Paris Conference :— ‘M. Lx Comre—The representatives of France, Eny nd Kussia called 1 me yesterday to hand me cal despatches in ir respective C tn Ki rnment to take part in deliber: intention ehall be beld at an enrly date in Paris, that the various quest.one at present threatening the peace of Europe may be pottied. 1 haxtoned w lay thix communication—a copy of anvexed—before the King, our rae: and bis Majesty, thoro ghiy feelings which induced this #tep of t varia, deigned to comm ssion me to announce that he very willingly accepts (ho proposal, and his shall movt those of the other Powers at Paris. The King’s government considers it should make one remark upon thie Commupication, which hae oecurred ta it from the form of the tuvitation. wall not be able to adimit Usal the adair of the Elbe Duchies is that threateus the peace of Ecrope,; the King s government at least has never eutertained the intention of endea we Je that question by force of arma On the coutrary, it considers the threatening position and the war prepera- tious of Austria and of po i vails in Bui the King’s government willingiy eon- bantt thia question, as well aa the two others mevtioned in the communication of the three Courts, to general discussion. The King’s government further completely shares the view of the throes governments, that the asrembly of the Conference he “« 8008 as possibie, and this ‘a the coaviction that all delay cao only endanger the of maccean, I request you, M. le “0 Cpe end mS BIoMARK. ‘THES DESPATCRFS, pak to Mo ee, and a Lig Leg hE ‘who oymmande French squadron received orders to Adinizal tn Ure Levant, M. Rouher, Mimater of Btate, is nad to have di) hat Ausiia Would not be allowed the moral advantage sooing that she ia sonata howe started to garrt- frontiers of ‘he Alps S rae reanments from Algeria, aod Which for some months tave been stationed in the routh of France, tm partioular two regimenus of Chas sours a Afrique, have hem dempatched rapid marches t the northern frontier; one of these regiments has parted from for Maubege. The rumory of @ French loag have been revived. Manse ima, June 6—7 uM. The Italian goveroment has ecbaeed four thousand horses m this neighborhood, and they pave been dew- patched. A Gonos house has supplied several ahips (or toe Htaliam government to carry troopa ang war material Ad iron-ciad division of the Prussian feet is exp in the Adriatic & Jorn tte forces to those of Aduiral Per- sono, > Viewns, Jone 6, 1808. The Vienna papere consider the position of affairs to he extremely warliko. Av tinperial ordinance has been publicyed to-day rete tive to the course be towards foreign war ipeon the Austrian coasta, It bony A ordered that ips belonging to vations in arity with Austria be per. mh Hed to cast auchor on the coast, The porte of Venice, Cattaro and the island of Lista, are deciared ports * NEW YORK, the Vienna reference to the relations exb ling be we n ima and Aw tr a, : Some journals would militarily sup- the Avstrian ry The circular of Cou may | in reference to ular note ob fare ‘the late mano Au atthe Federal t, has been published to-day, It states that Austria Tuner iangeenne oie hi ht a uc effect it ‘utr a the Fejese! fe Kt had ihe a we proparing such tel ie Benny, June 6—E' The semi-oMcial Norddeutscie <Algemcine contuins an article dseporoving.. the policy pul Prusaia towards the French Revolution of 1 during the Danish war, p) the formation of any coalit.on hostile to Prussia, Porapam, June 5, 1866. om Royal Body ot, loft bere to-day ufter having a inspect 4 6 Casset, Jone 8, 1866. The Hevwische Morgens:itung of to-day announces that the ee ‘tains tor the transport of Austrian troops to Hamburg bave beou countermanded. Frouexce, June 6, 1866. pe 4 fora ference sat ne Lara i apsemtling has there appen Pme statement of the Memorial Di lomatique, that Ttaly, ju replying to the invitation for a Conference had pi the Conference should deliberate om the means lor securing and consolidating the kingdoin of Taly, is officially declared to be entirely unfounded. Italy, ittandded, is able co ceeure her own safety, aud hor national unity does not require consolidation. Ki An ordinance haa been published, by General yon Gableng, convoking the Estates of Hole siein, by order of the Emperor of Austria, for the 1th instant. The deputies or their substitutes are to agsem- blo at Itzehoe, and the discussions are to be terminated within three months, Paar, Inne 5, 1866, In case of war the Emperor of Austria is expected to arrive hers. Striet regulations have been iseued in reference to passports on the Bohemian frontier. Srorraarpr, June 5, 1866, It is asserted that the conference between tho King of Wartemberg and the Grand Duke of Baden has led w a thorough understanding between the two sovereigns. Part, June 5, 1866, The French government has sent « note to Vienna, in reference to the 4 given by Anstria to the invitation for aconference. The French government regrets that this reply must be considered as a refusal to take part in the conference, and therefore as frustrating the oiforts for the ——. of eee 4 The Constututionnel of this morning says:-—We know already the impression produced in London and M4. l’e- ees re iy to the invitation to a con- fe it was immediately asked, not without what advantage could be expected from a confereuer Avstria persved in her present determination. Accord Ing to the reservations made by that Power two ques- tions would disappear from the ee. We deeply the altiiude assumed by the Vienna Cabinet, ‘ithout doubt each Vower regards its interest frou ita own tof view; but It appears to us that Euroje had e to expect other determinations from a great con- servative Power, Pani, June 5—Evening. ., England and Russia bave deciarn’l trough their rep- ‘Teeeptauves in that, in their opinion, the reserva. made by A in ber reply to the invitation of would prevent the Conference trom having a useful rovult, The Momiteur du Scr caya:—Inteiligence received here = nes bn Petpe py tod age tk gerd bs oy (0-pomesBioR ab ©: aK the the Gastein Convention 7 ta allow the Austrians to re-enter Schleswig should they General Von Manteude! himee!f would only tuke of those cantonments in Holstein not occupied the Bavessts, June 6, ib66. The Indépendance Bilge of this evening bE. Yntel- ligence from Paris stating that Engiand end Pranee have congratulated Prussia and Italy upon thei: unreserved The Latest. Loxnom, June 7, 1608, bein on the Continent coutiuues. inevitable. ‘Fronmxcr, June 6, 198%. published here from Venice sates that ge, prevails in that city on account of the loan and the refunal of the ity to co- in collecting it Great numb re bad ted city in consequence of the new conscription ordered crrdogements for eatry te funds. aud tse valas arrangements for ‘ing away ¢! a au. ie a. ables of the Basilica of St. a June @, 1846. Bram, Prince Frederick Charles and tho officers of lin #aff had » farewell audience of the King this morning. The staf jeaves to-day, and Prince Frederick Charles to- morrow eveulng, for the headquarters of the Prussian army in Silevia, THE ENGLISD ANNOUNCEMENT, tu the House of Commons on the bth of June General said-—I wah toask the Chancellor of the Krche quer or the Undor Fe for Forsign Affairs whether it is true that the bas been given up? ‘The (wancriioa of rae Pacnagera—l am sorry & wate that I must give an newer substantially in the aM va Uve to the question of the right honorable and geilant grutleman. The firet communication wade to the Hit {ah governinent wag a telegraphic tnesange reonived last night from France, stating that in the opinion of ‘he French government the coufereuce wna at an end, in conmquence of the anewer from Angtria imposing oon itions that were regarded as impracticable. We are now in pomesion of the Austrian deapateh upon the anvject, and the eubstance of it ts thia:——She required a defaite aawronee thal all the Powers which were & take Oe wey HI ait of any mpecial or par of the generat tranqud Avstrinn government went on further to expinia that | sentiment by saying that inorder that the work of peace Which the cabinets bad in view might be {n « condition to be accomplished, it Sypeered ) them tudirpao that it should be agreed beforehand to exclude from tend to give to any of tho States who were then invited to the mooting apy territorial augmentation oF Incr nue of power. Th jairoment of such an enyr gement be- forehand was regarded by the goverament of Brance aa equivalent to the tofural of a conferences and as reader tng it Impossible; and the government of England aro in their view of the case with the government of rance, All prospect of the meoting of a. conference must, thereiore, [ fear, be regarded as at an end. The Press and The Congress. DISRARLI CHARORS LORD CLARENDON WITH & CONSPIRACY AGAINST THB FREK runes OF BU- Tn the House of Commons on the éth of June, during the Reform bil Disracit said. 2 5 fiuence upon our county tation, which tw much gt it T cannot allow such an observation as he has made upon S public man of the importance of Lori Clarendon w unchalienget. The character of Lord Clarendon i Grougit fermard by tho nobie ord, the member fr , aa reason why he should ode eed oveanion, of on subsequent ovearions, @ bill which be believes is improper and even Any man who occupies poettion lerd Cl s the Oroeese war the power ee at bis back, yet he failed to prevent war | think ae might Leave sucereded in preventing it, hie whol: untt war broke out wae & scOne of yre Lat us wow fool at Lord Clarendow io conference (Orier of “Qiestion” and “Order,”) Esay let us look at Lord Claseodon |u con erence, because we bave been told by one of the pri | members o (his House, of at least leading part in the taster now bee need by bis on one who bas ¥ cthom thas it don in power ae ths mciter of @@ounery that © we clnne impuga iC he fala; inte? of @ Camry #uleh we oot pre minister of congr wed what Srangotent th0 branes he ‘er our trim, Want dowgy ail the LA ome « wra (Hear, amd ene of “Ot ue Ser SS SUNDAY, JUNE 17, 1866. —— nnes notice of this house by my noble friend near me; she how ceased 10 exist 88 & Deion in conrequence of ie couduet of Lord Clarendon at that conference | (Fox, hear.) ‘Therefore, whea the naine of Lord Clarendon brought torwar! a reason wiy the Duble lord, Uae Ier- ber for Chester, ia prepared 10 give bis vote in fa, or Of the mexsure which he denounces an pernicious T almost or tho discretion of the noble lord im Wat respect, LORD OLARENDON’S. REPLY. Tn the Houge of Tards on tho Stn of June the Bart of Cuanennon ald—1 have Wo axk a few minutes’ indul- to make any allusion to whut has occurred nowber place, avd an @ rule sdch allusions. ought not to be per- spirit and in a tone which entirely uncalled foy. Tho moorrectnere of tbe state. meute made on that eccasion m st, 1 think, be man fost to all acquatoted with the subject, and if I had followed my own inclination I .howld bay passed the by alto gether without notice; but there is one charge to whiek T desire to. ref ipasinuch as it directly Involves my Personal character, 1 read in the new-papors of this morning that at Congress of 1866 I encred into @ conspiracy fo put down the fre press of Europe, Now, if I know anythingof myrelf, I tay affirm that Iam uot wy to enter mo any conspiracy (Lear); still lows T feel disposed to evter into any couspiray against the press, of the substantial beneit. and abrolule necessity of which I defy any man to have «stronger wed onfornce should be ready w | opinion. Tshould hope, therefore, that my ample but unqualified denial would be sutliciont to satisfy your lordsbipe of the groundiessness of the charge, But I have ot#er evdence on Which to rest the question, My lords, the subject of the pros was nentioued once, aud once only, at the Congress of Paris. On (hat oi occasion it was referred lo by Count Walewsk), the Presi- dent of the Congress, under the following ¢iroum- slauces:-—One day, after all the duties of the congress were over, ho stated that the manner in which a certain portion of the pre-t in Bebsiuu was comducid created some danger 0 the friendly relations that (len existed between France and that country. [twas not of that portion of the pros# edited and estabish d by Belgian subjecis, and circulating among the Lelgan people, that he oor but ic was of certoin new papers pulished in Helgium by Fench exiles with the inenivon of tacit Leing wer the frontier and disiominaled among the lov or came and he nny Frans, and preaching net only reo ludiona y dctrines, but the acrassinalion of the Kmper r. Count Walewski thought—I can scarce!y say upon what grounds—that some expression of opinion on the part of the plenipotentiaries there assembled would strengthen the bands of the Belgian government, and would enablo them vo patan end to a state of things which endan- ered the triendiy rela’ions hotween tho two counterion iy reply to Proposition of the President of the Congress was reported in the protocol of that day, and, with the permission of your lordstups, I will read i, Ik 48 a8 foliows ;-— An regarda the observations offered by Count Walewski on the excesses of the Belgian press and the dangers which re ‘uit therefeum for the adjoinin, e plenipot aries of fndamlt thotrluspurwance’ Yad, he the repre sentatives of 4 comatry in hich a free and independent press io, $0 to may, ome Of the /unclamentl institutions Urry sannh domino Tremetese to measures © coercion againd the press of That, my lords, pets among iy Lhave taken ip this xeneral ——e. against the freedom of the press in Europe. (Hear, hear.) The protocol yous on to elate:— ‘The first plenipotentiary of Great Britain, while deplo: joleL.ee In Which certain organs of the Belgian press Not hesitate to declare that the authors of exocrable doctrives to which Count Walewvkl ulludoa, meu who preach assassination as the means of attaininy political abject are undenrving of the, protection w hich Brarantoos to the press its liberty and its independence. My lor@, if the right hunorable gentleman who made the chary against me bad been present on (hat occasion he would have held different langunge, at joast I am sure that there is not one of your lordshipa | present whe would not have oxprossed, in the strongest Manner, his disapproval of the docirines of aseoas.nation ached in the rs to which I bave alluded. ((heers,) he right hono: man vither knew or dd not ‘know of the protecol which I have quoted, when he the agaings me. If be aid know of it, then made charge Lehould be to ne hrvaaght against wy as it deserves, even if be did net know of what I said or did upon occasion, I searcely think that your lordsbips will ‘Un aration I have mace to be altogether unnecessary, (Che-rms) THE MONEY PANIC. the charye he z At wae anderstood tu commercial circles tu Fugiand ‘thet Mess, Bir Morton Peto, Betis & Co. would resume dreiness in 4 fow (From the Times (city article), June 5.) Ta point of fact rte dealings amounted to ‘The commitice of shareholdors of Overend, Garney & | ‘dpancea’’ a single company cut of & angle ce @o. (1 have issued a cireniar recomme are | ste of poblic money, Unttl it- ausers were actoally eumpton but eteung that this can be ren- | lore thewr othe Fenian Brothe #4 Mr. Mahony . ‘on the part of the ohare | lad to bis uence, by the last edvi nearly £90, whereas oiders ca the ene has@ to, [aay om pe the Mer bent? ik, eutrusted wilh nearly £1460 .000 of wary enpital, and the f ‘of tho cuaccared credt- w the omild not have paid tore on the other to pross for the lmmudiaty payment of thetr cleims. With that alm it is suggested that rach sherebolder should advance at intervals o eum equiva lent probably to £10 per chare in the form of # loan, and that the ereditory should be @sked to accept debentures with « fixed rate of interest, tuasnring at periods of one, two aud throe years, ‘The inveting at which this plaa Wil! be discussed ia Gxed for Monday next, Tt ie stated that the negotiations of the Manchester directors of (he Consolidated Rank to revive the business iu that olty Lave put proved suecassfal, ‘The Mastet of the Rolix has appointed Mr W. HL Holy. tand, of the firm of Price, Holy and & Waterhouss, official Nquidator of the Cominerca! Hank Corporation Of India and the East {From the London Times (cit Ata meeting to-day of the Buropean Hank, Sir Carden m the chair, ft was sated that since the stoppage the lisbilities have been reduce! by £14672, and tbat | propably within the noxt throe months uearty the whole | Of the Tinbfiities will Lave run olf Abo that the ont Qoate {y still folly entertained that the lowe cannot ander Any circumstances exceed (rom £220,000 to £240,000. Sir BR, W. Carden, Mr. Brown, of Morricon, Iition & Co., { and Mr. Whinney were appointed liqa:datorn | chairmen, in couctusion, expressed a convicts new bank might be advantageously consti articles, Rage Ao § union of shareholders of the Burepean flank, the Mank of London, the Consolidated Bank and the Eug!ish Juv Stock Hawk At a mecting to-day of the ereditors of Mowra & P. Frawje & Co, of Grosham House, who failed on the Stet uitimo, temuont of afaire was presented by ar Price, Hotyland & Waterhouse, showing total Dilitter amounting to £499,008, against which securi- extimaled value of £231,007 are beld, and he anount of £23,246, in aduition toa debt of 24 due by the Bowwhay lima, of the value of which | no Teilable ertimate can at present be formed. It was | resolved to wind up t under inspection, two of the prinelpal creditor as iaspeciors ated that Movers, Voto and Betts, the eoutractors completed the frst rection, one hundted miles in length, considerably within the time aliowed them by their contract, HOW THE WAR MAY AVYROT THE PTOCK BXCHANOR, (From the London Times (city arucle), Juno 6.) The appretension of war occasioned « further serious fail this moraing in Enelieh and foreign stocks, dopree: valy 'y for the Dunabor, and Wiepsk (Bassian) Kallway, have - nied eiready (0 On extraordinary print, not the jon, comtinuance of these fears, pat by the coverke of the financial past. It may be questioned, however, tm thus givin, Geapondency the public are acting epee any dabelte views, Is there « theory that the out- break of war will draw money frow this country? If 60, it would be well if those who entertain it would ex: plain the way in whieh this proces, contrary to ail ry meg « expected ty take place, Thas the suspension specie payments in italy bes been followed by the natural resulte of outiow of gold from that country to Frauce, wil! witimately set upow the London market, and there ie no reasow ®! : fi i i 3 j pane nny = with the accunelation of bullion which invertabiy, the contraction of busines occastoned * we may witnow & ery great increase frum ‘of the precions metals on the cont. I jable on prices can the effect that the here by a. soarcity pposition open is Wat jusual ‘nfs of means, them while war te raging among coures of that kind, however, wae never pormued. Momey ta never long sflowed to ite ) and in @ short ty whatever inay be the accumulation that ues place, will nd some channel, Finance banking schemes end are WA Welty to fornish that channel, and if funds oF railway stocks, o the securities of those foreign countries that may be out of danger of being drawn into the war, do not’ attract favor, it will be bard to conjee- ture where the outlet i@ to be attained Finally, ae fespecte any pominiity thet England may become in- voired in the comple ations, it tay be re. marked that oven the cm 0 Af Ch a comin genes be bot en Mcient to prevent the present disastrous course of ptkes, (he knowledge that console are aiready at (he lowegh qhotation touchet daring the mont contly aod dinaat wage of the Crimean confirt Clue Clases Of pecurilion are uv rime, might be expected to exercise some power in coufideuce. THe CONDITION IN LIVERPOOL. Peden Se Literpoot Albion, June 2) v i {any serious loval unsere, A you! ker has oue Off to the Coutnent after franduleatly vic- tn. tug one of the banks to a small exient An rmineat cotton gem was ia tempe Ai Meniive WK 10 epecniations Of great magnitude carred on hy one of (he partners, Dat the sab iiug of the other ners We, if a4 all, omly slightly affected, and their busi beet pr coeds an wes There po (ruth ia the statement published by «com tem)crary thats Gem largely engaged in tbe Kast India and Amer cas trade bad suspended, Acer, Boalt, Raglith & Braedon bare arranged to me ab lil " ising over period of sighted movin a LiTTLe bore vRow Wasninerox—ornEne feos kenoe at the bands of your lorisvips, while L refer to a | Matter of @ personal mature, { know It is very irregular | and the | CENTS. ——=.. Panto can bo matched inet the story of chants’ Kank at Wash inaton, Just reported. Th ' yent'on of the banking systam in ihe United ot medera fashion and left one thousand. sa hundred and fy “vation ‘iow appear to have banks distributed over the country, and ope of thom mate ti was the Merchants’ Bank at Wasbingion The ea) \ Msbineng wara jolot stop eOneern, with a capraul of £40,000, The otuer dag. tt boc ee An lequiey inte ts accounta them exld Y Tealta:—Tho habitities of the 323, \ts arvots, £8,902, a0 nek | deficiency appeared \o be £243,801, — Bul tus was far too favorable a uviou. Upwards of £6,000 of the pr cowhin wer 5 perty returned as *amete” consisted of dwhonored notes buy ev LK Peath of the | and the household turnitare of the hank itself, emtle bes | mated at pritne cost. OF course etek s@ Uritied Weromot — ated-po very readily convertibie; and «ben the coffrs of the | lupdrod., | Dank were searched for eomethin, re wi Tepedm> — All thee ive funds of the bea: | yur two foar bun | bilag money it was fo nd that the re Gyo | nt amounted to no more than £70 Even | some of che wewont and | this reserve was aot in the form of cash bey four. | modern wartore worn wrong’ | fifths of 1t—that in to say, the sum of £59 — wan in United ee ” Aewed ba wad by Blates note 1d the balanow, or £17, was ln powrace | y wALL OF [or Aur stam ps, Of actual money vr ent the realm the baphe | of @f (rom turret wos aay bad not so much as a dollar to chink on the eo pier, Daeryy we betiove tor th Beet my Bat this is not the whole, ner even tho moat srriking It will De excoed nyly utere ting Bank, at | detwisof the engogemeut whic | 5. Gi) story, The Merchants’ Nat neton, Was “uasional” iu were than \ gvHerel coostitulon, was 8 recognized of public money, The revenue now coll ted fr rena 8 exceedingly lore half as lar e ‘n—and of couree the maehi departmen portionately exvnsive | Watterieg on phore avd iron: Lads | at present ty that after w Bpawiah feet wag * ums tt failed to wilemce the wor Proceed to bombard the town 6 of the iropelads were deabled' and ow Ady we do Jectors, therefore, and Lhe assistant treasurers in he | bot know to what extent, rious States are directed to certain specified banks a | fez bimelt wre he Wounded taotivhmenta in wh ch confidence 1 sme that bis flagship, the . at Valparaino, Wok jar with whieh they may lode ‘4 The other partioulurs collections, One oF these war the Merchants’ Pank when ite payments were was found that £137 000 of the pulle me with the rent, tomer, ‘On the 20:h of last April was d ecovered to be desperate, held, the result of which was t new depo £40,000 of government money was obtained, to whic fow days afterwards, wax adiiod £20000 more. Y this could not eave the concern, and the erm It will not snrprise the reader to learn that Congress has | y Tavians mart ave fougtis with wt for they lost waty me, ia f, killed, and twice that pe the Bpabist low we tase mo imtelt ops on the part of Spain haye been com d Uhrodgliont ina qr fie h vine its linposil @ (0 aay What effect the deen rather etartied by these rev nett | may produce upon the panel govern= | toted an ing to the system of “deposiiories jo | ent Miiverto the alter paturally ine dental ta | posi M % Information is expect« m | war appear to ha’ jarde aa the mittee charged with the 4. te have already come to tight whieh | and fresh coe probably astonish our financler# at home. @ Span sb gunboat by ance a bank wuce betting itself deshynat | ate cause of the bon privileged “depositor and obtained forwbwith trom | the govornpent agents a deporit of £60,000. Thin monay {t immediately lodged im the Bub Treasury at New York, | axa “temporary loan’? to government, at th | interest; #0 that the government waa bund | own money, and the | the deposit, aciualiy re the governtaent, alt r paying money tn wished to take ome out again, the ba indigpantly against such trea'ment. fhe money eon advanced at goo interest to other customers, and the government had no business to expect that it would bo Kept in the till, In fact, for three weeks the govern meut drafts, weare told, remained dishonered, aud it i» | not stated that they were ever actually paid. Generally, it seeme, when Amencaa banks wore in troublo they looked Lo government deposite us their “reserve.” Although, Lowover, this featdre wp culiar to the American system, we'are bound to ray the general career of the detaulting bank in the example before os | Wink, would revolt, At the same time it be nts an crac’ counterpart w the nee of our con an te it in whieh the Byauards country. The Merchants’ Bank at Washington ‘Jueked | & tng Admiral Nafex told the Mr up’? its capital by “impradent advances,” precisely asa | Valparaiso that ‘Spain was ee to ree British Finance Company might have done, the only | the botiam of “we bye fe, but net tn & difference being that the “lock up" was more compre- | Europe with aj and that bis orders: bad beep iw clearly a re capture of the hensive, and the disappearance of the stock more entirs, framed om of general undersianding This It ig exactly such a story as we bave beard a dozen times ing lem Foor that the Admiral was to bil over during (he last month, The bank had uodertaken | burn, aud des'ruy, oy Se own peru, i he could to ‘finance’ a Grm of apeculatora at Baltimore, and iu diet ty ihe matin actiow purwuance of ibis engagement had provided tha compa. | demanded by Kpaw “4 yy to a requirement ay with upwards of ote hundred thor sand poande—muite ‘hat Lara en w ~ a eaaite hold feel the than double ita whole proper capttal—wiien the epecula- dlow: tion began to weer an wi sapect, The Batt. ding and os indepe more adventurers they were sinking, and must become bankrupt immodiaicly unless they were ported by au Gtvences, fo t Ss th SPP tag io April by thea balance of the ou A parting any mate » an Gn 6 lo rok Gre te Sh within reach of their ehelis, end wih this resouree Sfian hhoner appears to wretiied it would have rwards been dingracelul to the fleet to bave ret feed withaut Pinal ibn he woe aetna, | Revie Sra ght fea ag ‘ mons said, oul nei he, wirnlated on paper; bul the ory emmpletely. accounts | the people of Callao ha\e bow shown thai this ailermee for he fasta th “ani.” The only incidents at all Balla Goose u mployment it inme| ao vonee ooh Teckenttlows aed = vomanate ‘ounaueticn ry je attack, ao) (hough they whieh the bank had been rednoed Ie ce aititude of 4 money belong! overDmoent, incatha Chuck for as if presented at the counter. “Financing,” It is evident, is hazardous work om one side of the Atiantic aa well as the other; and yt even financing’ may pot deserve the diccredit into whieh, th the Bridsh admiral, to sivk 8 very few minute alter the experience of the last few weeks, it Ie Ikely to fail. he evils of @ panic is | lency eoorgt that tiie estimate of the offens ve po Which it Ie followed. That capital ba» been mnvst injadi. | Mooadnock was not muck rated; but a more time clously locked up in late trapesctions | heyond queatto Dertant feature of the cage Couriew ta fat toat thi |} that 10 some instances it wey never bo“ ompleteiy exirt- fed roved Cape I | cated is, no doubt, porsibie, bat in the wajority of cases | eather in the rougts n { there ts reason to soppowe thut courage au wence will Monitor could do this much haw inanclal euterpr se 1 felt) aeeerainsy as to the patare of the accommodation (or ber crew, bab rate, now establivted that « long voy! ration are But altogether abuve (he capach Wes ouce at too exorbitant @ premium; it is now at wo ocirevagant «@ discount, joney out of reach ix not necessarily money lost, and, indeed, it Teally sooma probable from the statements made that many of the #)ecalations in which the money of ehare- | holders bas been inverted are speeniations sound enough tn themselves if they had but bees approactod vpon «better principle. If the company can select im luvestiments jadiclonsly, Can wait without Inconvetience for the expected return, can bold ite sharer steadily, and find ench additional money as is required, the business may be profitable enough im theend The mistake bas hero made !o dealing too largely with these remote con Hegencios, a reckoning upot additions of eapital ebich were bot readily fortheoming, and which could nat be ed for without creating alarm, and tn thus bringing | bring about @ substantial recovery. gence. THR LUNQON MONEY MARKET. On the 4tb and 6th the aneomp jou (hat on imme dine onthr ak Of war was cerain counteracted bo nomm@ extent the progress of recovery irom Lue mowey pane, The discount demand wt tie be fate, (bp dest bille beng negotiable in (he opeu murcet at # pam cout. On the Exchange there wan no proemuy Bod ad) ances On KOTETRINER, moc Tiles w fe od red at a7 per cout There wax some e' ion that » reduction of credit and operations \o ® stop togetuer. The ree it has | bank rate might be ed for DOKL Week, (unsole cho been unfortunate; but, If shareholders wilt be bold in | St 86%, ex. div. thete resolut nd rrasonadie in their expectations, it ausninss erouW TIES noed not he Fo calain!\ous As han boon approkended United States 6-20n,, 1882, @ per cons 05% » Virginia, & perceat.’........ | Do. 6 par cont Feat ee ' Great Britain. Aliantic and Great Western, New Yor Suez ses | _ The devate wri Will wae resumed m the | Hee, Int mortgage, 1880, 7 percent... 68 | House of Commons on the 4th of June, when « great Do. do., 24 mortgage, IBM. Ow tub v fk part In tle discumsion Do Pennayivania, tn mortgage, vit. OS Karl Grosvenor declared tia intention Ww support the | De. do, 84 mortgage, NZ... |. a 6 erument, and said it had never been bis to | Do, cumeniiiated sm hoods, 1svO* 43 8 ote of conwure upon them. He hoped the amend | Erie shares, 100 (at! peid), § per cout . hg Would be withdrawn, because if eaccesful it woud | Do, comtertibie honda, @ per cent at deseat the bill and tary out the governumeot After | Hinols Contra: 6 comt, 1875 ss @ long debate, De. 1 per cont, $918... ‘ te om Mr. Giadatone in a calm epeech declared that the tell Tho, $100 states (all paid), 19 per crus. . a mM bad been deliverately prepared, that the Intentions of . the guvcrumcnt wore sincere and earnest on the subject, . a) thot a grave responribiltty would rest with thoea who itd, Tp 100 9 10a defeated the desire to pam the measore, and that in bonds, 24 et vagy 6 - a uniting the two bille goverument had acted im « apirit of hon : 4 4 conc liation and compromise Philadeipuia aud Erie let hort, IM Ope? « 1% — Hay tar's arnendment was then withdrawn and Do, with opiion to be paid inViviadeipia 12 8 16 the House went into committee eiihout @ division, onchange, 14.728, © imped, £4,771,000—teserved for ow Lorem, Janet, 0 Consate chewed at 4 008 les ~ ow aloe . Brie 14; Wines Coutral, 182 tos = — THE LIVERPOOL COTTON manuer. ~ Lavenron, June 6—P. Mt. The market on Monday was very moive aad Mraned gat yf per Ib To a when a motion to report progrem was carried end the Bours sdyvorned. ne of th@ ministerial oriaie the London Timer says —There can, indeod, ve po qnestion thet the Gritical relations between Austria, Prosia, Maly aed France have saved the minetry. As for ‘the present echenne of reform, ite defects bave been for some time wo patent to the world that now the honor of the govern. Ment has been saved there can be m0 reason why it tbeald continue to eugage the attention of the House of Commons The Morning Herald says the reform bills have come Int) cormmitiar, there lo their doom. The Loudoo /*at and Londou Advertiser eaticipate the withdres el of the billa ; 400 wine har prevailet, and the improvement Kalen of three days, 86,00) bales, weiuding 6,000 wa The market bev bet haw now saramed & quiet lowe, Prices, Biwerer, i pain. ore Gee bang A royal droree 9 \mued raising the a at sds army bo campers gad LivERrooL ances re “ae. Tho sein) ottie-al Correspemdencia statne tak the Spanith | sous report — Visor Stm, ad holders’ demandel a Squetron tomy # ~ after bombarding Callao on - one cases vthamet mocount of the orders it bad received osomngh.— ha... 7 er - Pe ae Winsor voé and evsthore Yee wie ot Vrewh 2 0 Be for seated Saver cr “Mm | eed deren LIVERPOOL PROTIAION® Manner, " Tho Rombay mail of the 18th had arrived, Rerun eartere were entiripated at Bombe: Stain of (he oottow market, and « few great expected to waller very eeverely Haifa million tales of | Memera Diglan’, Athye & On 4 Co. cotton had teow pot winen the let of January, end | Beef quiet snd kwer Purk jnertive, tat qa Shippers would have W sustan «low of 34, 44. oF bt | Hecon in rather better requigt aut prices per i lere favor Batter temaine aoaliered. A Calcatia telegram of May 28 seports the goods mar | fine qualities Orem, ortinery very dull, preee 4en & Ket much de) comnd and eles sual! Lard dull sod Gomme) Tallow quiet, but etnady. LIVERPOOL PRODUCE Manaer. Ashes quiet pots, 8 Pager quiet be meaty. F Cape of Good Hope. The Cape of Good Hope mail of April 21 had arrtwed. | ene caina, Lingoed The envioment of the Mesute wer hal twan conormnd. | M'gg.’ pee’ gee es Rt ay A op the Ppirite of tarpentios 4 Brite Kattraria bad teeone a0 lningral portion of Cape | Colony Large quamtitice of gold tuad been Qiscoversa | “manent Petraleasa quiet st oomalenl resid, 1 In be neighburboud of Crocodile river — Lonpow mansere, Tiree teen Telly eeety at late rece | Peer Gree he Pacific, bat Grn Codes te fale Gemand Tes quiet yl @ owt RUMENT OF CALLAO, Hitmen, Soto & } 6 the VeeSe baa verified the Ciatendon Vy continuing We ng (he shores A Brut American woe Minwior at Valparaiva exprems ng ble tris ngs as (othe wlierion Gemiatiog and career of Ad ral Nufer and bu ships The Apasish commander bad genetvany spovuneed, after the bombersaent of Hie 468!) lon at ake Gon) face cow clone 1s 6 8, oo ee, ’ € Tes Later ft Contom very Aull and prow 4d lrer af io 4.090 balen, inctadeng | bo 9 pe lasers aod o8 a ge Veer are ‘dames « ‘ supe? 5 ruse of devartation, « On the 160 of last nionth out Foregn to the Brit « Valparaiso, thet he would pot, “unless qm . y " | grave provoeation,” tannonade thet defence po 4 The a) id tt) Faens oot Ume, bul win the magssoimoes va Eoitoa OF # Aevitane® ©0606, Bod there wae obvivue reason futmie mg (bet (be baroe which had Valparnien woud om Pera The justion of te your sceont of the regalia of ee Mew Tour 8 | Chub it whe vistas iat “Ue plowp Ane! wt fecanse ner owcer preterted forfecing twenty Ove eked rey jars to incurring the hasarde of the rene,” res ber epiriiet owner, Mr Jone Meant, of dntereinet vend hey from thay ot prt Bo + hate, qj