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Vo XXVE..N% 7843, KUROPE. TW0O DAYS LATER NEW WAR STILL CONSIDERED IMMINENT. ACTIVE PREPARATIONS GOING FORWARD, | ———— The Austrian Mexican Levies Home. to he Kept at FURTHER RUMORS OF A Garibaldi Accepts the Command of the Italian Volunteers, CONGRESS, RUSSIA AND THE EMIR OF BOKII.’\M.; The Cholera on the Increase at Liverpool MRS THE LONDON FINANCIAL PANIC SUBSIDED - ——— OUR FORLIGN CORRESPONDENCE. n May 15, | two days The steams arrived her Jater news from Eur The Hamburg steamer A Tuesday, the 15th instant, at n Southampton g, with ¥ Wwore mania arrived at Cowes ¢ 50 p. m the Breme ax steamer Hermann at 9:30 p. m. | The M m from )ileazs, and the Deluware | feom Pl a, both arrived at Liverpool May 13. | The New-Yoirk anrived st Gravesend May 13. | T t standing, main- magt Iying alongside e, and water- d, and with * was passed Aj tise Nauls inive wreck of a sehooner, with | ulwarks g in white letters on 32°N., lon. 45 W, b 4y Great Britain, THE CHOLERA AT LIVERPOOL. The Trmes has the following Livenroor, May 13, 1666, “The number of & Foss of the Helvetia hn 110 0 t. The disense has sppenred at and five paticots have been re- | Munn_ b vead deatly 0 child 17 wonths old, the other of ax rs of age, | Fight deatis in all have occurred at these shids. Fifteen | r treatment in the two hospitals, and pe Sour are so far recovered that they will be dismissed thi N » removal of the Leulthy emigrants has y A f cholera hus oecurred on board the o New-York. Yesterduy & young girl . livingin Alma-st., died, after mptoms of Asiatic cholera. An in- the surgeon who attended her | ting ull the s quest will be held ¢ zefuses to give a certs te. PARLIAMENT. Hover oF Cowvoxs Monday, May 14. 1806, r of the Exchequer moved the second read: stribution of in the not to sacr great name to pique, being still at the head ofa m honor, withdraw this bill, bas g.mf_\' the wishes of the count ouse, The Chancellor of the Exchequer said that it scemed the general wish of the House that the two bills should be combined into one. The Government would s Mr. Bouverio's motion. He fixed the Committee for the 28th, The bill was then read a second tiwe. THE BANK OF ENGLAND—THE SUSPENSION OF THE | CHARTER ACT. | The following is a copy of the letter addressed last even- | ing by the Governor and Deputy-Governor of the Bauk of Euglind to the Government, with a copy of Earl Russell rof the Exchequer's letfer in reply, au of England to extend its issue g speech, exhorted try, his party, and | out to him that, and the Chaucel thorizing the B Dotes: BANK OF ENXGLAXD. May 11, 1866, SIR: 'We consider it 1o be our duty to lay vefore the Govern- ment the facts relating to the extraordivary demands for a sistance which have been made upon the Bank of England to. dny, in consequence of the fallure of Messrs. Overeud, Gurney | < 0. ‘We bave sdvanced to the bankers, bill-brokere. and mer- ebants in London during the day upward of £4,000.000 ster- ling, upon the security of Government stock and bilis of ex- ehange—an wnprecedented sum to Jend in one day. and which, therefore, we suppose, would be suflicient to meet all their re- f ool altbough the proportion of this sum which may tare been sent to the country mast materially affect the ques- 0. ‘We commenced this morning with a reserve of £5,727,000, which has been drawn upon so largely that we cannot calen- late upon haviog so mueh as £3,000,000 this evening, making @ fair allowauce for what may be remaining at the branch: ‘We have not refused any legitimate application for assist- ance, and, unless the money taken from the bank is eutirely Withdrawn from circulation, there is 1o reason to sappose thiat this reserve is insufflc Bir, your obedient .enl.n the bouor to be, H. Horraxn, Governor, Tios, NEWVAS HUNT, Depaty Governior. The Right Hon. the Chancelior of the Exclequer, M. ., &¢. REPLY. To the Governor and Deputy Gorernor of the Bank of England. GESTLEMEN: We bave the houor to acknowledge the receipt ur letter of this doy to the Chancellor of the Exchequer, Which you state the course of action at the Bauk of En- wiand usder the circumstances of sudden atxiety which bave arisen since the stoppage of Messrs. Overend, Gurney & Co. Qimited) yesterday. ‘We learn with regret that the bank reserve, which stood so recently as last night at 8 sum of about five millions and three- quarters, has been reduced in ngle day by the liberal snswer of the bauk to the dem. of commerce during the hours of business, and by its just anxiety to avert dissster, to little more than oue-half of th ount, or & sum (actual for London and estimated for the branclies) not greatly exceediog three willions. The ncconnts and representations which have reached Her Majesty's Government during the day exbibit the state of thitgs in the city as one of extraordinary distress and apprehen- vion. Indecd, deputations coumposed of persons of the greatest weight aud influence, and representivg aiike the privaie and | wint stock banks of London, have presented thtmselves in Downing st., and have urged with unsuimity and with earn- satness the necessity of some intervention on the part of the State 1o allay the anxiety which prevails, aud which sppears 0 have smounted through the great part of the day to absolute e some important points in which the present cris ‘those of 1447 and 1857, Those periods were pesiods but the rital consideration of barking credit been involved in them, &s it is in the present Agnin, the course of affuirs was comparatively slow and measured; whereas the shock bas in this instance nrrived - pidity, and the opportuuity for deliberation is narsowed in proportion. Lastly, the reserve of the Bank of England bas suffered a diminution without precedent, relatively to the time 1 which It bss been brought about: aud, in view especially of thi cir- cumstauce, ber Majests's Government cannot doubtiibat it is ibeir duty to adopt, without delay. the measures which seemn 1o them best caleuluted to compose the public mind, and to avert the calamities which may threaten trade and industry. 11, the, the directors of the Bank of England, proceeding up- o0 the pradent rules of action by which their administration @ usualiy governcd, shall find that. i order to mect the wauts of legitimate commerce, it i requisite 10 extend their dis- tounts aud advauces upon approved securities 8o as o require msues of notes beyoud ‘the limits fixed by law. her Mojesty's | Bovernment recommend that this neoessity should be met im- mediately upon its occurrence, ard in that eveut they will not I to make application to Parliament for its sauction. No such diseount or advance, huwever, should be granted st ;" r:l:r ::. :.l:‘t:rr:-‘: 'l:-nt:::hw p?r cent, and Her Mujesty's e emsely b §t, tho imposition of & bigher rate. P N o ‘After deduction by the bank of whatevelit muy consider to 2 8 m; charge 1".‘rl it risk, ex?nu -lml trouble. the profits of advances will aceruo to the public. We Le, gontlemen, your obedient servants, vk Russr, . K. GLADSTOXE. ted by the follow- May 11, 1846, corresponderce is com| Jg letter and accompunying resolu Zo the Right Hon. EARL LUSSELL and the GLADSTONE, P BaxK oF Exarasn, May 12, My Loko axp Six: Having laid before the Court of Directors She letter received from you yesterday, with respect to a fur- iher fusue of notes, if necassary, beyond the limit ized by the Act of 1544, we Lava now the honor to inclose & copy of the sewolutions of the Court thereupon. We have the Lonor to b, ®y lord and Sir, your most obedient servant ¥ 1. L. HOLLAN it Right. Hon. W. E, overnor, | disappemance of swall silver money from circulation, arrange. | ments are being made to cirealace the copper and silver coln. | age held by the collectors of the public revenue. In cise of | | Trensury and the Chancellor of the Exchequer that the Co pared to wct in conformity with the leiter addresred 0 th ¥ * Kesolved, T wore thad uine le not having per cent | HUSR, Secieiery. mum v tive days to rau be fued Haxxo e The Treatics of 1513, MAIN POINTS OF THE TREATY OF VIENNA AND TIE HOLY ALLTANCE ARRAN MENT. | From The Pall Mall Gazette, May 14 treaty of Vienna may once more e made the | f Bonapartist ambitic est- | general reader who is m | s than in past history to be rex really was. In tho first pl p had ever lud France, 1 Swede Comnng al 1d Jandmarks co renrrangement of t v, 'This rec ynastic cons of ¢ ch con- 1 wes based almost lerations, the real we now ealled ¢ ywlh Lite ns, or fragments of nations, placed under foreign sover- n, indeed, was fully equaled by loss in | she kept Ma » MeMteriane took the p and to satisfy f Hanover Iat brane still further obtained possession of Dalr Sa of wlmost ull th anival of A tion of the I powerful nei Holland, huv soleu with' the and witzerluud Christian p: i to cnforce the ne great prineipl he presen ol of & lost. A very active exchange of diplo v hax been | t b ¢ the iden of & Congress, ) the con fon of stions, bis been again taken \A}t with a ¢ flnlll activi that, in orler to facili tion ¢ declared that ren 1" Ovest has re- 11, which is ac- the intentions of provoking to war, t redoubling its ceived a wan cused of *distorting and calum Government, which it repres cas, in fact, it is &t this very mome efforts 10 assure the peace of Europ The Courrier du Dimanche has also received (the second) for an article by M. Prevost Para Sunday, which “distorts the nature of our politic tutions, by representing that they are not based on liberty These warnings do not calm the public suspicion that mischief is brewin The Bourse was agitated to-day, and closed with a d cided full. | — Spain. BARCELONA, May 14.—There is a great run on the banks of this city f xchange of notes and thdrawal | oposits. uspensions have al Xen place, thers are expected to f A telegram from Vieuna of May 12 says ons of Austria coutinue. ed here shortly. The well as 10 Switzerland,to the Zoliv and by sea 10 Austring ports. The passports of travelers crossing the Schleswigfrontiers \eill ngain require the Ausirian visa. In order to prevent the i ssports bas been extended to travelers within i int Count Mensdorff hae addressed o letrer | o g bim upon his escape. The politi-al situation remains anchavged. A miister [ decres | prolubits the exportation of arms over the Italiun frontier, as | | i necessity, the bank notes of small denominations, beld by the Imperial Treasury, will also be insued. The independent Vienna journals continne to demand the convoeation of the Reichsrath, It is asserted that the Emperor has determined, in the event of war, to transfer the Regency of Hungary to the Empress, who would be assisted by & responsible Hungarian jon of Count Muhlinen hae failed. A telegram that the Bavarian troops have ad- It is announced that the Kiogs of | « o the 1 3 Lav d Wurtemburg and the Grand Duke of Hease i & conference on the 1410, The last Mezican voluntee ier thx dnsirian sry.” A telegram from Vienna of May 13 says: “The outbrenk of war is considered imminent. preparations aud Darture of the V. s KArT ernmeu ciprocal inviolability of private property af tion of contraband of war. YA ministerial decree probibits the export of corn over the froutier to the Zoliverein or Switzerland, in order to prevent any shortness of supplies in the victualing of the army. Patriotic eppeals are being made, calling for contrivutions the formation of volunteer corps. In consequence of this masi festation, Baron Werther is stated to have had aujinterview with Count Mensdorff, in which e declared that it placed bim under the meceessity of leaving Vienna immediately. It is added tbat the Prossian Minister will start for Lerlin this evening. Marshal Benedek arrived at Vienns on the 13th + Count Degenteld, the former Minister of War, is reported to bave procecded on & special mission to Munic “The Committeg for the control of the Public Debt will shnn:‘v present to the Emperor their financial report, which is said 1o express an unfavorable opinion of the financial meas- ures of the present Government. Tt fs apnounced that Engiand, France and Russia are negotiating in reference to the asseimbling of & Conference. " An imperial decree has been issued abolishing the exemp- tion from military service by the payment of substitute moncy. The soldiers on furlough and those belonging 10 the reserve | have been ordered to join their respective regiments.” A dispatch from Trieste sayh: “The embarkation of the Volunteer Corps destived for Mexico has been countermanded, the corps has been dis- l‘w\undfll, and the greater portion enrolled in the army of the North.” A telegram from Pragne says: ““T'he National Guard of this city has declared itself ready to perform the military service of the towa in the event of war. The work upon the fortifications of Theresicostadt con- tinu The departure of the ex-Emperor Ferdinand for Snlz- burg ill expected.’ A telegram from Ratibor, of May 13th, say ““Yesterday the Austrian troops occupied the Bohemian and | Silesian frontiers, between Oder and Pruchoa. Tue | Croats Lave occupied Petrowitz and has determined to admit the re- ea, with the excep = A telegram from Berlin, of May 12th, says: he reply of Prassin to the Ausirian note of the 26t nit., wn the question of the Duchies, was presented yesterday in ‘jenna by Count Mendsdorf. ettlement propos 1o other proposa intimates that she may do so. Hopes are entertaine some quarters of the maintenance of peace. probably on the ground that Austrin will wake some concessions.” 1t i believed that no formal treaty has yet been concluded betwaen Prussia and Ttaly.” A dispateh from Berlin of May 13 says: “Couut Bismark is suid to iutend modifying the Prossian Cabinet, and appearing before the new Cimnbers with a Mir stry formed from a coslition between onservatives and Liberals, Itis reported that Prussia hus mons to Hanover on account of her warlike pre: Vas announced her iutention of occupving the wilitary roads of | that State. The Russian General, Prince \Vll!rrmlvln. was received by the King yesterdav, after which Le had a long lu- terview with Coant ~Bismark. Propositious in reference to the formation of the various military staffs have been laid be- fore the King. The military chests are being organized, A meeting of 2,000 clectors belonging to the working classes was held here to-day, at which it was unanimoasly resolved that it | was the duty of the deputies shortly to be elected. in view of the threateued danger of War, to mnintain the coustittional | rights of the couatry, and_on 1o account to give their conkent 10 the course pursued 0y the Governwent before s golution of | the iuternal coufiict was arrived at.” - Bavar A dispatch from Munich of May 12 cays “Orders have been issued for adding « fourth battalion to each infantry regiment. Cantonments are to be erected at | Lechfelde and near Nuremburg for two divisions of the Ba: | A the middie and of the Austrian Governmen flerent German States, demanding & convocution of & German Parll util the different Governments huve agreed upos for the execution of Federal K [ ntelligence from Venetu states that only four and a half Tnos. N. Hust, Deputy Governor COPY OF KESOLUTIONS INCLOSED. At s Court of Pliectors of the Buank on Saturday, the 12th of My, Hescived, Thas the Guwarnors ha veoiagiad 1o juform the brot Lord divisions of Austrian troops will remain in Venetia. Therest | of the troops are being dispatched vy train to Bohemih aud l :'::"":, sud will be congentrated cliefly on gue Prussion biei. | Bokkha | Rus uted almost | | taken with regard to G . replied that a thorough system of quarantine could not be carried out in England, aud that the Government had given the local authorities all the powers the law cmpow- Ger Y. m from Frankfort says s he The army of Hesse Darmstad footing. ‘The ealling out of the was being considered. A de a8 heen issned faniry companies 10 120 weu. nereasing 1 b a Adviees from St, Pet b an de of his pr 5 of Bokkha 1 20 versts, and capt n.! E PREPARATIONS 0 From The T is said tha the 1l any be estim 1,000 are “believed to the fron b educe 1, and per at it may rees shall b J0 consenpt ar is f vet ouly partially mustered un 1843, whi o 90,000 From the wn v nearly A st the nsider t line to« THE COOLIE TRADE s by ed 1t Fre h Minis d will now be perm ations, for any per €hina to obtain m the chane itry. No obsta ument in the way of the My The Taman steamer City of Boston left Liverpool at noor 7th of May ai rer Scotland of the Na 1 the City of Boston. 1ia arrived at Cowes.ab The Allema afternoon of oclock the same evenitg Thie City of London « o'eloe] the afts The Nova Scot worning of the 1¥ A Vieona_ dispateh Bays: Volunteers will, it is reported, enter th f1 h th 1 the Hou made some inguir Liverpool, and desi The authorities at ered them to give, crpool 8 had been warned that the take no more emigrants. In anewer to Lord Houghton, the Duke of Somerset said, with regard to the Spanish bom! raiso, that Adwiral Denman had been i strict nentrality, but, ut th Ty Wasistan t British inte He considered that the Admiral bad properly discarged nis du In the Commong, Mr. M. Gibso Agnew, gave substantially the sam n, others, who d nded Adm the conduct of the Spaniards. o avthenticated. been hth Federal Army Corps be Ttaly Althongh the publie feeling here is one of me im- tience to begin the cxpected struggle, the authorities the breathing time wllowed them by | Ia o 18 up to the f buta | be done, and we shall be better fortnight than we arenow. There is the - City of Boston. | Capt. Brooks, which | . e 15th, and the Hibernian at about 10 “The mAn emigrants. same time, ordercd to answer with regard to NEW-YORK, MONDAY, MAY 28, ISGG. 1 to-dny, owing to a | Saxon frontier, and | Sazon_troops was | ed ona war e strength of the in and at need a retro . Romanofs| ras cavalry, defeating uring 14,000 sheep. @ volanteers, soon o be able to fu gecomplisling F ITALY. ot May 10, 1%66., 1,000 are Tequired. year that the ased in that respect. | at i to eay, with all ated at 00 men. be now in the field, ot be Iy d not at all dr ich bave never bad s, hnve also ind acconnted for, and | d at Bologua tha StTIALE oW service t Peking between the ( e assure himself o hfqh.m.l, but ot be withdrawn hen only with the n ¥ the emi- of not being ir subjects en hout 1 o'clock ou the 1 about 4 astle carly on the last Mexican Austrian Army.” 1 of Carunrvon ra ut Hull and 1 vi the German ports bipping firms would bardument of Valpe- nstructed to observe reats and property. in reply to Sir A, ierman ewigrants as that made by Earl Granville in the House of Lords. The subject of the bombardment of Valparaiso raised by Mr. Poik, aod coutinued by iral Denman, but reprobated Mr. Layard stated ‘hat Admiral Denman received in- us to observe strict neatrali d with regard to the bombardment Commander had not offered to {mn t in putting a stop to the bombardment, ern nment had virtually deceived both France and that the .‘i&mnuh ; that the American he English Admiral and that the Goy- pent beard with surprise of the ** barbarous act” of the Spaniards, Expressions of indignation at the bombardment of Val- paraiso were not coufinied to Parliament. The newspapers were loud in fheir denunciation, and indignation meetings had been held in Liverpool and elsewh 1 The Liverpool meeting ad their gratitude for the exertic nee of Wales held a levee on of the Queen, Among the errcle was that of Daniel American Ministe While the cattle plague evidence of dying out in En out in Ireland. A number of undou in the County of Down, and were being slaughtered, and the infected district. ayue inued Tt was rumored and_very generally ristian _of and had bee marringe of Prince C Princess Helena of THE PANIC IN ENGLAN The latest adsices by the Caba reported a subsidence of the panie, aud down 10 the departureo 10 ab The indi s increase that « than on former oc Dweuen those of 16 present occasion we shall show u further 10 bring these periodical manias within TeClit € processes Tery serioas squandering of countered bus beea maiuly from u fall in were previonsly calculsted to not actusily represent, or specie for the oceasioned by th Suspension of ¢ retard the recovery of our markets, . The es oxtremely large, owing to the strict caution 1 by ali the otuer establishments—on the whole. bow. v less disposition among individual e hank coul ex ever, capitalists to board th btained at a point ouinal rate of discq cent. Commercial Bauk ( ded payment. _The rporation and into heavy loskes, Hallett, Ammaney & Co., London, Ageuts, Lad also suspended. umor Jed been buky with the of the 16th, in its ¢ity article, says: ugh many difficulties yet be looked for, the effects of the shock™ will be less panic of 1857 were far less re is good ground 1o trus On the present oceasion there has been no Jnllmnml wealth, ane d by scredit awakened through the suspension | of the Bank Act, being by persons abrod coufounded with a payments, and this circamstauce tends to nts of the Com| 1 San Fraucisco bLad all led the establishment slution expressing s of Commodore Rogers, the 12th, on behalf utations in the diplomatic of Boston, by the to exhibit decided nd it had at length broken bted cases had oc- the infected cattle a cordon was drawn round ved that the gustenberg with en indetinitely post- v be August f this steamer it bad The general astrous than that o the in our ability fluence of eor- stride the in the ruin en. the prices of securi. be symbols of wealth l Continent has been discoant demand at ' d occasionally loans India bad suse ny in Tudia, | Buukers and Army ‘e of sowe largo | th but that ¥ 1 I w fimns in Liverpool, but it was understood that matters Lad been satisfuctorily arranged. The only failure of moment in baen that of Wak Nash & !mw to be less than as first represent sped, would soon resume business. o 0 the 15th, closed quictly st 86} @865 Al curitics were decidedly betterthan at the de pature of the Cuba. AUSTRIA, PRUSSIA AND ITALY. The sitnation of affairs between’ these powers had un- degone no apparent change. Nogwithstanding ramors of negotiations, the military attitude of the several powers rénained very threatening, t is asserted that Count Bismark daily received letters advising him of his imminent assassination. The Vienna correspondent of The London Times says thy armaments of Austria, in the course of a few weeks, wil amount to 900,000 men in the field. Large bodies of trops had been sent from Vienna to the th, and the stutegic concentration of troops on the Prussisu froutier lid thereby commenced. A Vienoi telegram ot the 13th s myt has detenmined fo admit the reciprocal inviolability of private property at sea with the excention of contra- besd of war, An Iinperial decree to this effect was issued onthe 1 that town thus far had whose liabilitics and who, it was s “The Govern- “On Saturday y of alliance waus ween Prissia and Italy. articles that neither Prassia nor Italy shall contract o separate treaty with Austria in the eveut of either of them beng attacked by that pows is poutively aflinued that a Prussian dispatel, in the forn of an ultimatum, was sent to Hunover on the 13th, sunmoning the Hanoverian Government to explain the wiitary measures which it has recently adopted. An order had beon issued for the mobilization of the miitary forces of Hesse Cassel. rom from Frankfort says: “A motion will shortly betntroduced in the Fedeml Diet for the mobilization of the Fedoeral army. 1t will also be proposed that Austria ard Prussia be called upon to withdraw their troops from tae fortresses of Mentz and Rastadt, in order that those aces may be oceupied by the Federal forces.” Hanover was evincing o strong feeling of hostility azninst Prussia, and making active militiary preparations, It is stated that the Italian squadron, under Rear-Ad- nimi Vacco, bad left the Bay of Tarento, and taken up | position in the Adriatic between Ancona and the Dalma- osing the Gulf of Trieste, , Pals and Fiume. ed at Florence ordering all ud category of 134 to be forwith incor- had already been tan, Island of € RUMORS OF A ‘The Paris Journal La France of th not been lost. commu ications b , and the idea of limited to the cousideration of per en again ta up with that, in order 1o facilitate th X iiden, France has declared that she would join the with perfe estedness, without raising an; tion of u nature to complicate the ditliculties of European arbitration,” L active exchange tuking place Letw n Morning Star of the 15th conspicuonsly the Enghsh Government do not fecl ruged as to the poss bility of peace. On the g which prevails is rather more hopeful k it was 15 a vague cession of Vene consented to wait Opinione of Florencs o tormal proposals for & Congress had been made, d Rossia had umted their efforts in a .er 0 bring one about. 'Lhe Upinione Iy should accept @ Congress upon two 1, viz., that she'may remain armed and continue that negotiations than ( 2, wud that Italy aments, and that the of Venetia be in- cluded in the progrumme of the Congr Florence N ne of the 15th states under reserve had arrived from the Freneh Government pro- a Congress. were rumors at Vienna of negotiations to bring a eon and Prussia. ATin ey rals of the 15th represent that & tock place that day between Earl Cowley, M. s and Baron Budberg, with the object of eful solution. ‘Lhere is, however, no atement. TUKRKEY. .A telegram from Bucharest gives o report that the Paris t 5 pe t this Con Principalities had suthorized the Porto | o occupy the Principalities. — Latest, Liverroor, May to-d The race for the Derby tock place by “Lord Lyon;" **Bribery Colt” oud, and “Rustic” third; 24 horses ran. Te stewinships Malta and Erin, from New-York, arrived neenstown to-day. The war question is unchanged. There are, bowever, more pacific rumors from Paris, and « chances of & European Congress are improving. 1t is that Prussia and Italy have assented. The Aus 1 receive - teh of the 16th says that the Austrian coed to Mexico will, it is stated, T " este dispal ers about to er the we Brothers of Liverpool have suspended. Their are heavy, but their assets are considerable in Other suspensions are reported. The Owl the conduet of the United States in rela- tion to the ut Fenian agitation in Ireland has been Wost satisf It was b that the cattle plague would not extend in Ireland. A Berue telogram says the Italian troops which had been stati 1 ou the frontier of the Valatine have been withdrawn to the interior of the kingdom. A Munich telegrum states that the Governments of Bavaria and Badon are iu favor of armed neutrality. A Coblentz dispateh says the Eighthand Ninth Prussian Army Corps are to concentrated there and st Wetzlar. A Rio Janeiro telegram of April 21 says the operations 4 wriny upon the Parana were beiug vigorously A forward. ~ Exchange on Loudon was 24] @26 preui- Tum. Receipts of Coffee for u fortnight, 56,000 bags; stock, 10,000 bags. K10 JANEIRO, April 24.—Coffeo T[[100@7[[300. Loxpoy Moxey Marger, Monday, May 14.—No s of any importance have trauspired fo-day. No nave oceurred, of the fun: rapid improvement; but the pressure for tion with the half-monthly settlement, and & rt of the Bank of England to make advances usols closed at &03@ centimes. Virginia money in_cor refusal on the vered 2. and Tllinols Central solidated Bonds declined from Australia. Liverroor, Cortox MARKET, May 14.—Sales to- h’slmmml 10 10,000 bales, 1,500 on speculation; prices steady at I tes. pox Cory MARKET, Monday, May 14.—Busi- nessfinactive at last Monday's rates, LATEST. Livexroor, May 14, 1866—p. m. Corrox—Sales to-day, 10,000 bales; market un- ehmnged; demand for all descriptions at full previous rates. Speculators and importers took 1,500 bales. u{;“d. ADSTUFS quict but steady.” No market since the Cuba ed. Provisioss dull and tending downward. Lard dull but steady. Tillow firm bat quiet. PRoDUCE— Ashes inactive. Sugar Rice—No sales. Linseed Ofl dull an Rosin--No sales. Spirits Turpentine dull, ?nla!. Coffee—No sales, i un«-h.nfiml. etroloum quiet but nominal. Liverroot, May 15, 1566, m%ontm quict and unchanged; sales #,000 bales; speculutors exporters took 1,50, r warket inaotive, quiet but firw, Leavy. g Loxnox, May 15, 1866, CoxsoLs, Bid @6, Tnited States 5208 654; Eries 45. The panic bas subsided. War prospects are unchanged. Loxpox, May 15—1 Tlie amount of business in the Stock Exchaoge to day is sm ed in the settlement of the fortnightly account. nection with this arrangemeut the failure bas been anonnced of two firms, broke: t their I Prices generally are steady, and in a few cases vance is observable. Cousols nud most foreign stoc! quoted the same as yesterday. T is o demand, how for Mexican bouds, at an improvement. Consols are Bow quoted at =6} @=Gi, with div., for money, and #34 2=54, ex. div.. for the sccount (June 6). The tragsactions i the general discount market are mod ate, most of the business bemng still diverted to the Bank of England. The best sbort.dated paper has been taken tos limited extent in Lombard. t 10 & cent. United States 520 bonds were nnnllnrl. but there was a strong demand for Ilinots Contral and Erie Railway shares, which improved 3 and | @ cent respectively. Prices closed as follows: 520 Bonds, 6i@6s; Erie Ralway shares, 43 a4sf; Tilinots Central, 76} @37, LivegrooL, May 16—s. m.~Cortos —~The market has been steady, with o fair trade demand. Prices of American and ather in favor of sellers. Middling apled Cottons aj Jong-+ plands is quoted it ‘about 13d. The sales of Monday and 1 ounted to about 18,000 bales, incladin for rices little actual business was t; ted. ¥8—Messrs. Richardson, Spence & Co., Bruce & wport Flour quiet but steady. Wi i demand at fail rates. Winter Red, 10/3@10/9 per cental. Indian Corn firm aud in good demand at 30/ @33 per 4#0 for mixed, PROVISIONS—Mosars, Bigland, Athya & Co., and others re. port Beef and Fork quiet and nomiually unchanged. Bacon Tatior easior. Lard steady at 30, for American. Tallow nominal at late rates. Provucr—Ashes dull at 32/6 for Pots. Sagars inactive. Coflee and Kice—n0 sales. Linseed Oil slow at 40 @41/ Rosin ales of American Biack 6 0. Spirits Turpentine— #t45 . Petroleum quiet At previous rates. LONDON MAKKETS—W hieat firm at last week's prices. Flour io good request at late rates. aales at lato rates. iet bat steady. Rice dull and rather T X G b Eeon s dall, with but little easier. ‘Tall TavErRpoor, Mi P. . t inguiry, and prices are wesk; sales of 1wo days 13,000 bales, of which speculators and exporters took 1,500, BREADST steady, ml'l;nl.vulu active, except Lard, which fs firmer; sales ot @ile. 1L.oxb0N, May 17—p. m.—Consols 8632671 for money. U, S, Five Twenties. 64 @60; Erie Skares, 45a40; Hligos Central Skares, 10,8774 - ————— FROY FLORENCE. - —— The New Ministry—The leon’s Diplomacy—Aus- tria’s Policy—Bismark—German Aflairs. From Our Own Correspondent. Frorexce, May 10, 1566, Ttaly is fully prepared for war. The regimentx from the South have been transported to the Po aud Mincio, the soldiers on farlongh and the reserves are colled in, the decree for the formation cof 20 battalions of volunteers, under the independent eommand of Gen. Garivaldi, is published, au battaiions of National Guards are mobilizing for garrisoning the kingdom of Naples aad ex- terminating the brigands, who are certain to reap- pear a8 soon as the war begins, Parliament fully seconds the views of Governwent, and mnot only were full powers conceded to the Minister of Fina but liberty of the press Las been restric regards communications respecting the army ond polemics about the war, Government has the to imprison or to confine to a certuin locality 1] hose who might be suspected of reactionary movelnent in fact, » kind of Dictatorship is established hf' I majorities (viz, about W against 40), And that minority yieldg® to the pressre and no long specches. The Ministry, too, und their position perfectly, well aware that during a great war, when all_the diffrent party differences disappear in Purlisment, the Cabinet miust represent all the former fractions of the Chambers, L Rarons gives up his pluce, and the new Ministry is already formed, and on Saturdey or Monday it will probably assume power. Ricasoli is to be Premier and to take the home affairs. Visconte Vendita, fresh from bis visit at Paris, is to returi from Constantinople for the Foreign Office, Pettinango, the Under Seeretary of War in the time of C olx;. War. becomes Minister of is to direct public works, the post and telegr cotto, un able naval of avy, and Crispi A Taribuldi’s friends, the leaders of the Opposition, embers of th —the first as De Pretis, Ru'uzn}n fn;v o fold. lamb and the wolf in the ve admirably. Asto the people, they b by heavy taxation and salt, bad cigars, and paper m the army, in the National Guard, in t rush enthusia v into war, and bezin to provide fur wilies of those who enter the army. The only dra is, taat with all that unnatural tension, war does o diplomatic correspondence between Ground down 1 upoti to serve Vo, 13, th Nax and the minor States, is not closed. very paper brings new notes, bavin, not yet _ prepard for the wi 1 making immense efforts for preserv- ing peace, and mviting Napoleon 1o beeo the policeman 1 and to stop the tight. Bt the Freneh Emperor He deplores the imminent war, ) Vienna, Barlit and Florence, an- inster Kouber, bis policy of Joyal edom of action, but arms hiin- d denounces, in o spoech at Aux- t looks suspicious; and, 10| uys fast and loos sends good advice t nounces, tirough b neutrality and comp self in the mean time erre, the treaties of 1815, ven Belgium, whose very existence is a protestati against the treaties of 1815, gets frightened, and hesitates whether she ought ot toarm. But her arming w ouly become a provocation to Fraoce, while unenned, she diight fall an easy and inglorious prey to her cunning, powerful neighbor.” At ('mnr»lu'ym the old traditional contidence in her good solated a8 she is, she does not yield either to Italy, to Prussid, or to Hungary: she sends armies tothe North and to the South, protasting that she did not want to attack anvbody, and assumiog the part of injured imnocence. It is true that on the present occas gion she did not directly provoke either of her two ene- mies, For centuries, however, might has right, and it is, therefore, ridiculous for Ttaly—which she calls foreign Italy—covets ber Ve- ptian !-:uuni-ru!, conceded to her in 1815, and that Prussin wants to establish Ler own supremacy in Ger- many. Bismark is certainly not a paragon cither of po- litical honesty or of Liberalism; still, at the present mo- ment, he 18 the tool of Providence for regenerating Germany, and, perhaps, for achieving her unity. But the Germans are such idealists that they refuse (at leasta reat portion of them) even unity with impure hands; :(hr quarrel umong themselves, aud sow the sceds of & dr(‘ war. The Muicipality of Leipsic remonstrated ngainst the armamegts of the Saxoun Goverument, and im plored the Kimg not to make &\xnn?’ the scene of war by Lis Austrinu_ policy. ‘Ihe people, on the other hand, assembled in a meeting and indorsed the armaments aud feeling already that he Loudon, At Nurem account of Bisinark, but heeanse the price of beer Lad been raised. Baden, Oldenburg and Electoral Hesse probably go with Prussia. Hanover, Bavaria and Saxony prepare Tor war against her, and the smaller princes are ready for the vassalage and quiet submission to Prussia. The agitu- tion 18 so great that a young man, the son of the Repablican exile, Charles Blind, went to Berlin, fired kisrevolver upon Bisniark, missed him four times, aud cut bis own throat in prison after he bad been arrested. I pity the young man that he did not put wmore faith in the cause of liberty in Germany, which must triumph in the long run in spite of all the Bismarks. 1 pity sull wore his poor father, Garibald’s friend, for losing the son in the interest of Austria, for whom Bismark’s death would have beena Godsend. But the Prussian Premier turns even that attempt to account. He arrested the young man with his own hands, addressed the people in a con- vincing way, and i8 now pretty certain to get a Parliament more fnvumhle to his politics by the general elections which be just ordered to be held, dissolving the unruly Chamber which had opposed bim for the last three years, He is bent upon the annexation of the Duchies, and upon the Prusdan leadership in Germany; and with the traditional want of brains at Vieuna, be will easily carry bis great schewe either by war or by a Congress. A RA R FROM GENOA. ——— 1dl° and his Velunteers—The Stato of of the Italian Army. GENOA, May 9, 1866, The decisive step has been taken by the Government, and Garibaldi and his volunteers are called to the war. “The decree bears date the 6th, but was not published until yesterday evening. Add to this that the Opinione of Florence—semi-official organ—declares that the slliance between Italy and Prussia is a fixed fact, that each will regard an attack upon the other as an attack upon herself, and you see how fruitless must be any efforts for peace. Austria must yield the Duchies of the Eibe, and yield Ven- ieo or tight Italy and Prussia. No one anticipates that Austris will consider the question for 8 moment. Nor can it be doubted that France has a part in this war and definitely concerted objects, The speech attnibuted to Napoleon'is in the vein of a man who at last sces the vindieation of the First Empire in his own hands, There is barely possible au appeal to s congress. But it is only possible—the boldest dreamers do not daro to sa, more.) Afit be proposed to Italy she can only say: | consent to & congress on one condition, that is the cession of Venice to me be preésteblish one of the basos of negotiation,” No Ministry could live an hour that should now say to the army: “* Halt, until Europe des whether Veuice is ours or belongs of right to Aus- trin.” We have waited six years for Europe to do us justice. Diplomacy has had six years to settle the ques- tion and it hus refused to try. Now that our soldiers are in the tield it is too late for its intervention. The laggards in the universal love business must not expect us to play the part of | s in war. In sbort, Venice is ours. There is no clearer claim before the court of public opinion thas our claim to the Venetian Provinees, then the claim of the Venetian people to make a rm of the Italian nation. There is no other case of elear undisputed, indefensible foreign domination. There i8 1o principle of public right which Austria can plead for being in Venice. She must retire or n{npeul to the sword. The volunteers are for the present limited to about 18,000 men—20 battalions—but this limitation is purely nomin- al. The unmlllughndi::e- have been open for a week, and twice eighteen thousand are already enrolled. In this city alone more than 2,000 have offeréd themselves, and as many more Laye waited to be sure that the offer would be aceepted. The value of thess volunteers will be underestimated abroad, and Italy bas no reason to wish it otherwise. She prefers to mask fer batteri ttle longer. But the great value of this force lies in the fact that it i8 the bond of re- union beticeen the King and his people. The presence of Garibaldi on the field iy the sure sign to the people that this will be the people’s war. To the Government it is worth & hundred thousand men, as 8 pledge and secarity for domestic tranquillity. The rear is safe when the her- mit of Caprers is at the front. Behind his back only Bour- bous and rabid priests will conspire, and his friends will koep both in their proper places. The proclamation is by the people with indescribable joy. **Italy one un- der Victor L[:).nual ings out once more with its old meaning ang emphas You in America may underostimate these volunteers by supposing them to be composed of raw material. Half of them will have scen service, snd there will not be an offi- cer who hus not been under fire. ‘They are not the men cou sent to Bull Run—they are the veteran regiments of ho last year of the war. Many bave served out their term in the rauks of the regular army, others have fought as volunteers in other wars, and the rest have learned mili- evolutions in the National Guard. Besides, they are reand ) the Priest part teetc of Ministers in the inister | Instruetion. Itis the united happy fumily; the trade, tessed by expensive | t | grasp of A cen her ouly | to complain | M. “PRICE. FOUR CENTS. country. The fire which animates them makes thein woriia double the same number of mackine soldiers, Nor will it require & long time to put them where they are wanted. The Government has arws, and the men are ready al a moment's notice, It ‘almost makes one giddy tosee the rapidity with which these wilitary musters are made, In seven days 80,000 conseripts were called from the tields and shops and streets, and put into the works, There, with old mfiun by theie side, they may learn war {0 the sound of its own wajestio mus) Within three days we shall be all mdr If Austria choose to give usé week, we can use it to advantage. Atter that we shall Lave sumething to say abeut times and seasons, . - —.—— Efforts to Avert War—Distrust of Negotiations— A Question of Robbery—The Kialian View— n — Fafernnl Autributes of Diplomacy—A Canvass of the Issnes—, ama—Whe NShall Strike the First From Qur Special Correspondent. Grxoa, May 13, 1666, Diplomacy is making ber final efforts to avert war, and there is everywhere the quiet which precedes the outbreak of the storm. Here no one believes that the peace can be preserved and therefore all regard the efforts of diplowacy | with complacency. Wero the ease differeit—did we be- | lieve diplomats to be masters of the sitaation there would e general distrust and alarm. If in former letters 1 have spoken very disrespectfully of the Princess of Concord. 1 ve spoken advisedly; the work of diplomats in Eurcpe eviland ouly evil for half a century, and they d more words than they have averted, Italy, she his abundant reaton o Gist st negotia- he prace of 1815,0f Villafranca and rich, bave hed her each its separate legacy of krimiliation,and our dors ean be traced directly to cieh of them. Blaming Bismark does not lift the responsibility from the shoulders of the men whe, in the name gf peace, have successively insulted the patriotism of theHtaian pe We have no faith in the tribe of peace-m. bt we huve no confidence in their sense of o Men whe dispose of people as though they wese sheep, whose high- est efforts cousist in imitating Roman Emperors who sold the common people of whole provinces under the spear of the Prietor, who can only balauee the conticting claime of acrowd of greedy wolves over a fl Ipless sheep— such wen would "bring to & Cong il weight, no bigh guarantees of popular security in which oppressed | peoples could contid | " At best, such o conference would only postpone the ¢ years of | war, and burden the peopls of E ) Liments.e | waiting with the vast expense of 3 | The Italicns do not share the ambition of either of their allies, We only ask what all edmit to be our own, Bise o Napolcon are supp ther men's Lei that be as it may, we must not forzet that in f public robbers, ftaly must put yobber against h her own uguestioned property from the stria. We do not care to justify either of our ullics. If we thought the question of their character of suy moment, we should plead for .\'u[nluuu that he had so farin Europe, | maintained the principle of nationality on which we found our claims to Venice, and for Bismark that his effort to | wake a German nation only wants an infusion of libersl | idcas to make it _the most glorious political wovement of the age outside of Italy. We can even see that in unitivg Germany under aristoeratic and despotic aurpices, he is only preparing the way for a demoeratic German nation. Remnove the petty aristocracies, unite the people undes one Government, and they will soon reform the Goveri- ment, aud show the world o united and dewocratie Ger. weny. But, as I have said, we are not an. allies. They are abundantly able to t their own bat- tles, and we should ally with the Devil to-mor- row if we felt sure he could give us our own jroperty on veasonable terms. 171t is painful to see a whol: people s reckless of the abstract right and so careless of the charne- ter of theirallies i ecount of thut very diplo- maey which 18 to-day 8o busy in the interests of peace— | it has tanght us that Europe is governed by beasts of prey, 1l repeated the lesson until we know thoir candingl prite | ciple to be that sheep were made to be cates by wolves, Our present sense of sceurity arises from 1l nvietion that it is just now for the inferest of Prussia | st us to drive our mortal enemy out of our should trembie at the sight of the war cloud if we thought otherwise. on now there are those who forecast a gl When once we 1 to force and invite . y We can- not he too sure of the uses to which foreien force will bo applied. For instance 8 rumor runs that 31,000 French wiil be put into the Roman State—on the Neapolitan frontier—to move in favor of & Murat.! fLom at the tirst auspicious moment. Now we admit the possibility of that. We cannot_pretend to know bow much of the First Empire Louis Napoleon expects 1o ore, and & Moratist Naples would certainly be a jart of it But we cannot believe that he bopes to make K b of Naples, Holland, Spain, and the rest all at one bl rather sure that for 1866 sowe bits of lauds on the Rhine will content his ambition. For the fut with Venice ours, we hope to be able to make aliias with other wolves agaiust him, if it be necess: It is not quite clear, however, th tears of Venice by causing Sardinia to weep.” 1t is one of the infernal attributes of diplomacy that it deprives o peo- ple of all voice in their own destinies. La Murmora hes clung to power here in face of insults that, it would 3, muust have driven o chivalrous a sol unless there had been overwhelming lowing his diszust and sticking to his Ministerial beneh st all hazards. Understandings with Frauce are confessed to be at the bottom of his singular tenscity of an office which adds nothing to bis fame. What these nuderstand- ings are nobody can exactly guess. Lows Napoicon keeps a close mouth, and La Marmora has good reasons for lence. Now do Inot rightly call a diplomacy infernat which, in & Government as libersl as ours, places the honor—nay, the destinies—of the nation in the hands of one weak wan? In spite of a Free Press aud & Parline ment, La Marmora can place ns befire the world in the bumiliating attitude of enslaving ohe set of aus to cwavcipate another. He eou do it: but we do t believe he will. He has satistied Guanibaldi, and to do s been compelled to say that Frunce expects no awee she way lend fons to defend onr y futage, we may ot dry the n that h territorial compensations for any ess us. His saying so does not muke it so. There Las” been in this century only one_diplomat who regunded his per- sonal character a8 involved in his official declarations. Wellington could say: ** Arout tout je sors gentil homme Anglais,” but it is doubtful whether even Le could to the last say that. Still we must risk; and after all the issue will lié with the sword. p Austria with the aid of Prussia, that ally at least has no second ends here. 1 we have o French army of observation here, we do vot fear that they will gnml out Italy after we are victorions. The possibilities of defeat are awful—hut so are the in- evitable results of such a peace as that which hus existed from 1560 until now. We are hedging against the possibilities of disaster much as we can; but we admit frankly that a conquered le, in the presence of a suspected “ally, caunot expeet ustice. If we are parceled out in some confederated lan we shall pick our flints and try azein ten years hence. Sooner or later we shall be one pecple, from the MFI to the Adriatie, from Venice to Syiucuse, “The hopelessuess of all efforts to liuiit the results of de- feat by legislation is well illustrated in the * bill granting extraordinary powers” to the Mivistry in time of war. It is carefully formed, but a single clause in the Constitu- tion renders it waste puper. The King way suy day de- clare wartial law when war is in theland, und that silences all other law. We must take the risk thut our publie men are not pledged to our bumihation, and that they will honestly serve us in all emergencies, Our Government hus comprehended the danger that England may rush into_an Austrian alliance, and is en- gaged in a persistent effort to ;;l‘-t some pledges from that wer. I do not anticipate that these negctiations will ar fruit, It is very easyfor England to keep her mouth shut, and nothing more heroie should be expected of her. All her interference in Italy has been particularly shame- ful ; but just now you have & moi on her that bi her to kecp the peace. I do not think one Euglishman ten knows how thoroughly Nelson's alliance with Ni - tau Bourbons and Brigands disgraced tleir flag; nor do 1 think ll}fitx their h;uwinlx it vnluld :nke |hi'w mend ':‘h:ll WAYS. cy are the ouly le who ean do mean tl itiut ang. sonse of shiaze; but the memory of the Ale bama is worth & deal to [“el! in the present crisis. We feel that Mr. Seward has tied Englands big black hands for the next five years 3 Still we are not unmindful that all rules may fail in war- time; and we are fortifying Genoa as it hus never before been fortified. An English or Russian fleet might blockade us ; but it would require time to silence our Luterous forts which command the eity, post and Riviere. Other cities aro being put in a state of defense, and if Frauce do not betray us, we are reasonable sure of flghlinp successfully. It remains uncertain who will strike the first blow and when it will be struek, Italy prefers a little niore time for preparation, but could resist an attack to-morrow, A rumor has run for several days that Austria has left or is leaving our side of the Po, and that, if we touch that bit of land, she will consider it an act of war. 1 venture the opinion that we shall take property tion, that or any other bita of our that Austria lays down, without the least hesita- I Austria puts chips on her bat, we shall not o knock them off, A rbon-clerical conspiracy was zeswd-y nipped in the bud at Naples, A dozen or ‘more bishops, counts and rnncel were arrested and ordered to leave country. tis a new proof of the original and unique stupidity of that order of politicians that the fanatics should have chogen the present moment to eoncoct & restoration of the power of the Desil in South Italy. ‘After a defeat on the Po there might be some chance for areaction at Naples; but now, when all Italy is with patriotic enthusiasm, conspiracies ouly display stupendous folly of their godfathers or godmothers. Tl stated, And ot denied, that Italian “troops. bave been penmitted to cross the Papal termto Nortn, or rather they seem to have been Al and conducted across by French soldiers. course Pi; 1X. bad nothing to do with it, und the French offiei poss in the matter is & new proof that Napoleon 1w an ::{xv the vicked mien for enthusiastic devgtjon (o the | setise partues in the war