302

EUROPEAN INTELLIGENCE.

GLASGOW

March 2"— According to advices received at Vienna, the Sultan and the PﬁCha 0f Egypt, under the mediation of the French Admiral Roussin, had concluded a treaty, by WlIiCll the Porte becomes bound to cede to the Pacha the whole coastof Syria from Tripoli to the her- ders of Egypt. together with a tract of the in- terior, including Jurusalem, but not Damascus, while Aleppo, Scanderoon, and all the other canqucsts of the Egyptian army, are to be restored to the Ottoman l’orte.

Previous to this arrangement, the I’orte had accepted the proffered assistance of the Emperor Nicholas, and the Black Sea squadron had aSSemhled at the mouth of the Besphorus, ready to proceed, at the shortest notice, to Constantinople ; but the French Ambessador, being deter- mined tbat Russia should not interfere in the business, made it a point that the further advance of the ﬂeet should be im- mediately declined by the Porte, but be- fore this intimation arrived it bad sailed.

On the 20th ult. the fleet. consisting of four men-of—war, with frigates, brigs, and lesser vessels, amounting in all to eleven sail, were at anrhor in the neighbourhood of Constantinople, and, according to one account, with troops on board. On this, the French ambassador declared, that the Russians were not immediately dis- missed he would depart; the threat “e are told produced the desired effect, the Sultan declaring that if Baron Roussin would become responsible for the retreat of the Egyptian army he would decline theinterference of Russia The French ambassador gave the required guarantee, the necessary papers were signed, and two French aid-de-camps were sent off, one to Ibrahim and the other to his father, direct- ing the immediate retreat of the army, under the vengeance of France in case of disobedience. The Russian ﬂeet, accor- ding to the French accounts, was to return from Constantinople to Sebastopol with the first fair wind. It is scarcely expected that the Emperor of Russia will put up with this usage, and other subjects exists of reciprocal dissatisfaction betwixt Russia and France.

a I-v-

LIVERPOOL, March 12.

East India ('harler.-——VVe have learned from authority, on which we have every reason to place implicit reliance, that the Government have made their proposals to the Court of Directors for renewing the East India Company’s charter, and that an answer had been returned on Tuesday last, strongly disapproving of their general te- nor. The leading features are said to he. that the trade with China was all to be 0; pened at the expiration ofthe present char- ter, the importation of tea to the united kingdom excepted, which the company are

THE BRITISH AMERICAN.

to retain for three years, to enable them to reduce the stocks they have been bound to keep here, and to fulﬁl their coatracts in China ;— that residence in the interior of lndia, and the right to possess landed pro- perty there, with free ingress and egress, were to be placed on legal ground, With 0- ther minor arrangements ; and that the go- vernment India was to remain with the company-’3, ut subject to.stil| stricter con- troul. an with more limited powers.

East India Company’s Debt—It appears by accounts recently published, that the total debts of the East India Company a- mount to 30,744,0921-; of which 22,913,- 990! is held by Europeans : and 7,850,420! by natives.

BANK or Excr.ANn.——\Ve have also rea- son to believe, that the Government have made proposals to the Bank of England for the renewal of their charter, which have since been rejected as inadmissible.

It is atlirmed that ministers have de- clared that they would not be unwilling to propose to Parliament a short renewal of the charter (say for ﬁve years), on the de- duction merelyofIlO0,000 from the sum paid annually to the bank for the manage- ment of the national debt. and allowing the other privileges of the corporation to con- tinue during that period. Great doubts are entertained among the monied interest,

” whether a proposition of this nature is like—

ly to obtain the concurrence of Parliament, but it is understood to be the determination ofthe Court of Directors not to accept any renewal for a less period than 21 years. The question, therefore, has taken a shape which threatens some embarrasment to the ministry—Times.

Army Estimates—Tue estimates for the ef- fective service amount to 13,555,418. Those for the last year were 23,579,373. beingadecrease of only (23,955. The reductions in the non-ef- fective branch are larger than those in the effective. The estimate. compared with that of last year, is reduced from 19,784.95? to 162,515, 560. From the reduction of £269,392, thus exhibited, must, however, be deducted the sum of 182,057, transferred to the militia estimates. After making this allowance, and that for tle unappropriated balance which will meet the charge of the Hibernian School, the total decrease of the public charge this year appears to be 1206,712. One ofthe causes ofthis decrease is not, however, to be much rejoiced at. Last yearll'20,003 was granted for commutation allowances for pensions, which al- though a large immediate expense, was ulti- mately economical, as saving the annual pen- sions. The sum required this year for this purpose is only 14,515. The other most promi- nent reductions are in the half-pay list, and the charge for retired oﬂicers of militia and yeomanry. No doubt, as we before said, it is gratifying to ﬁnd that a reduction has been

made in a department where it was .9“, expected, considering the course the Go" mentis now taking; but more must be do or Ministers will ﬁnd themselves on mm, but a bed of roses.

Revenue—The revenue returns fort past week were very favorable ; but , ﬁnancial year is likely, on the whole turn out much worse than was expected monthor two ago. Lord Althorp thouo there would be a surplus of half a millih No such hope is now entertained.

Lord Althorp has brought up a hill to ter and amend the laws relating to the tel poralities ot'lhe Church of Ireland,

The affair of the Duchess de Berri sti forms the prominent topic of discussion ‘ the Parisian papers.

It was resolved upon, in the Chamber deputies of Paris on Saturday last, to re commend to the cream that Algiers shalli future be made the Botany Bay for com, criminals for France. Ilithertoathore he; no penal colonyfthe convicts were eith employed in degrading labor at homeo sent to the gallies. Hands are much was ed at Algiers.

Major Generals Sir J- Lyon and Sir Carmichael Smyth. are recalled from th governments of Barbadoes and Bahama in consequence of Ministers having resolr ed that the number of ('ommandcrsin chi in the \Vest Indies should be reduced M 'l‘ownley Balfour proceeds to the Bahama as Lieutenant Governor-

Sir Francis Burdett will shortly be eleva ted to the dignity of the Peerage.

Cholera- -The cholera still spreadsi Ireland. At Knockany. a village in th county of Limerick. where it had broke out suddenly. 'forty persons were attache in one night. of whom twenty died in a fe hours- In the neighboring places its rava ges were equally frightful. and some 0 them were deserted in consequence of th panic.

It is understood there were above thirt passengers on board the Erin, fifteen ofwho embarked at this port (Plymoutln) The latte were Lieut. ltawlings,brothcr oer. Ilawlings offlis Majesty‘s Victnalling Oﬂice, Mr. Smith wich, Cleverte, and Mennie, in the cabin; Mr Dayney, and four children, John IIodgeu, Ser jf‘ants Whadburne, Tichburne, Child, an Kirk, in the “orange. The Crew consistcdo twenty two. in all upwards ofﬁfty individuals the whole of’ whom have doubtless met :1 mm ry Eru\'e.—])crcnporl Telegraph.

Great fears are entertained rcspcctingth Lord of the Isles steam-boat. She sailed frm England on the Qtlth Jan. for ()porto, and ha not since been heard of.

MARCH 23.

No fresh accounts from Oporto have, we un dcrstand, been received by Government, 5“ the report of Admiral Sarlorius having bee superscdcd reached the Admiralty in such way that it seems entitled to credit. Captai Crosbie, who it is said have been appointedl