17 AUGUST 1861, Page 3

c ur itni.—The British Ambassador, Sir H. Bulwer, has had his au-

.dience of the Sultan; and expressed in terms most unusually strong the pleasure of her Majesty at his accession, and her confidence " that, ender the auspices of your Imperial Majesty, the principle of personal responsibility will be re-established; and that all those whom your Majesty employs will have to render an account of their acts, and be punished or rewarded according to their deserts ; persuaded that not only the strictest economy will preside over the expenditure of the public revenue, but that no pains will be spared to obtain, through necessary fiscal and financial improvements, increased returns to the treasury, whilst diminishing the actual burdens of the people ; certain that the two great departments on which the security of a govern- ment depends, the military and naval, will be conducted with the most rigid integrity and the most scrupulous care ; knowing that a hand, all-respected and all-powerful, whilst renovating and raising the authority of the laws, will place the tribunals on the impregnable basis of an impartial justice—I venture to anticipate destiny, and to predict to your Majesty a reign even more useful and more glorious than that of the most illustrious of your Majesty's predecessors."

The Sultan replied with a hearty acknowledgment of the good offices of England, and appears really determined to carry out econo- mical reforms. His difficulty is to redeem the Caimes, or Exchequer bonds, so lavishly issued.