lortigu gulf Culattial.

raurt.—The Paris correspondence is still occupied with the Russian Grand Duke. He seems to have received a very warm reception, and he has shown himself as fond of sight-seeing at Paris as he did at Toulon. Every day he has paid a visit to one or other of the "lions, "—to NOtre Dame, to the minor theatres, to the cell of Maxie Antoinette at the Conciergerie, to the Bois de Boulogne, to the exhibition of the paintings of Paul Delaroche, to the Cite. He has attended a ball at the house of the Minister of Marine, and dined with the Russian Ambassador; where he met Marshal Pelissier, Marshal 13osquet, and other military celebrities. He was not at the mass performed in commemoration of the death of Napoleon I, at the Invalides. The death of the Duchess of Gloucester caused a concert at the 110tel de Ville and certain performances

at the Grand Opera to be postponed, but there was a review of 70,000 men on Wednesday, and he was there. Bann' Gros has been appointed Minister Plenipotentiary to China. He will proceed thither in the Audaeimese frigate. The Non:Year states he has full powers to act with Lord Elgin, both in negotiation and tllitary operations. . During the week, it has been prominently affirmed and denied that Prince Napoleon would pay an immediate visit to Berlin, in return for the visit of Prince Frederick William to Paris. All doubts were solved by the departure of the Prince on Wednesday. Before he went, he had the pleasure of accompanying the Emperor and the Grand Duke Constantine to the great review.

The Societe de Credit Alobilier held its annual meeting in Paris on the 28th April. M. Isaac Pereire read a long report on the operations of the Company. It stated that the difficulties-in the money-market had naturally restricted the company's operations. During the years 1853-'54'55, in the midst of war and scarcity, its duty had been to encourage industry and development. In 1856, peace, the impulse to all kinds of enterprise, and the wish of the Government, had imposed upon it the duty of restriction. Still it had materially aided in useful works, and in contributing support during the monetary crisis at the end of the year. It contributed 260,000,000 francs (10,000,000/.)—equal to one-third—of the last Government loan. It had supported the public funds by the purchase of 1,600,0001. stock. At settlements of the account it had contributed 44,000,000 francs (1,760,0001.) to accommodate the public : on one occasion ap much as 95,000,000 francs (3,800,0001.), besides similar accommodation in the railway-market at an average of 15,000,000 francs (600,0001.) The total sums thus furnished in 1866 amounted to 703,000,000 francs (28,120,0001.). When the Bank of France was in difficulty, the company offered first to augment the bullion in the bank by the purchase of all its Reines ; secondly, to subscribe 300,000,000 francs (12,000,0001.) towards the loans for all the railway companies. These two propositions remained without result. But the company had shown that "it had formed a correct judgment of the situation," and its conduct had contributed to calm disquietude. "The crisis, although conjured away, had not less the effect of reducing in a very striking manner the profits on which the company thought itself entitled to reckon in consequence of the simple amelioration of credit." The company has procured Imperial sanction for its railway projects from Grenoble to St. Rambert, Lyons, and Valence. It has established regular intercourse with the Credit Mobilier of Spain, and will take part in the construction of Spanish railways. It contemplates a prompt decision on the Transatlantic Packet Company. The transactions in cash during the year had amounted to 3,085,196,176 francs (123,407,8077.); its account-current with the Bank to 1,216,686,271 francs (48,667,4517.) ; the company had received payments on 1,455,264 railway shares and bonds, producing 160,976,590 francs (6,439,084?.); and had paid, either for itself or for other companies, on 4,986,304 coupons of shares and bonds. The total of the profits of the year was 15,249,981 francs (609,999/.), which would give a dividend of 23 per cent per share for the year 1856. —The meeting adopted the report,

III itr I an Ii S—The Neuchatel question is now said to be as far from settlement as ever. The new hitch is imputed to the desire of the King of Prussia to obtain better terms. The Conference had proposed terms of settlement ; the papers were forwarded to Borne; they met with a favourable reception ; the Executive approved of there; the Neuchatel Council, in spite of a strong protest from Colonel Denzler, approved likewise. Dr. Kern, the Swiss envoy, is now in Paris with the assent of the Swiss in his portfolio. But the King of Prussia stops the way.

In the mean time, the Swiss Government has received a rebuke from the French Government. The powers that be in Switzerland resolved to publish the documents sent them by the Conference. They appeared, but did not add to our enlightenment. The only new point is, that the Conference reluctantly acquiesced in the desire of the King of Prussia to retain the title of Prince of Neuchatel and Valengin, but with the distinct understanding that it carried no rights. It was the publication of these doeuments that shocked the French Foreign Office and called forth the following rebuke " Sonic journals of Borne have just published draughts of a treaty and protocol intended to assure the settlement of the affair of Neuchatel. This publication, which can only have resulted from an unjustifiable indiscretion, as, moreover, on several points at variance with the real text of the document in question—a text which has not yet been definitively decided on. This betrayal of the secrecy of a negotiation not yet terminated is the more to be regretted as it might compromise the success of the contemplated arrangement."

S1H111.—The debate in the Piedmonteso Parliament on the proposed transfer of the maritime war establishment from Genoa to La Spezzia began on the 28th April. One of the opponents of the change urged that England secretly favoured the transfer, in order, that when the works were completed, she might possess herself of it, and make it a second Gibraltar! In his reply to opposition, Count Cavour noticed this accusation. He said that when the plan was first proposed, Mr. Abercrombie, then English Minister, was against it. But what had Piedmont to fear ? .

"England in possession of Spezzia would not threaten Genoa alone ; she would be menacing Toulon also. And depend upon it that France would never consent to that. France would sacrifice her last farthing and her last man before she would permit this ; and England could never expect to hold Spezzia but at the most fearful sacrifices. A peace signed on the banks of the Rhine or of the Po would not suffice; it would require one to be signed under the walls of Paris."

He explained, that, the plan is intended to develop the commerce of Genoa. At present the commercial and military marine jostle each other in the harbour and docks, and much valuable time is wasted in lading and unlading ships. It is proposed to provide suitable facilities for the mercantile marine, and to make Genoa the commercial and Spezzia the war port of Piedmont.

Agal IL—The Spanish Cortes was opened on the 1st instant. The Queen's Speech, an abstract of which appeared last week, was read by Narvaez. When he concluded, the cries of "Viva la Reim !" barely reached a feeble shout, and only one voice in the galleries uttered the loyal watchword.

#ffiell'IL—The Swedish Government has thought Herr von Scheele's note on the Scandinavian question worthy of comment, in a circular despatch to its agents. The Government of King Omar has perused this document with " a lively astonishment,"—a document, it is added, "which is not justified by any act of his Majesty's Government, and which contains a long piece of reasoning on a question which has been hitherto confined to literary discussion." Herr von Scieele's allusions to Fweien are regarded as unjustifiable criticism. "You know the personal sentiments of the King our Sovereign for the King of Denmark, whom he regards as a friend and an ally ; you are not ignorant either of the interest which our Sovereign feels in the Danish nation, and of which it pleased his Majesty to give unequivocal proofs quite recently; and you are thus able to appreciate the friendly relations which will always exist between the two monarchs. The King has at heart to cultivate with care, and, if it be possible, to draw closer the ties which unite hins to the King of Denmark.

13PTSift.—Two telegraphic messages from Sir James Outram, one received on Wednesday aiternoon; the other on Thursday morning, briefly indicate further successes in Persia. "(lamp before Mohammerah, March 28.—Mohammerah was captured by the British on the 26th instant. The enemy lost 200 killed and wounded; among whom was Asherluf Brigadier, besides seventeen guns, and a vast amount of ammunition and military stores. The Persian army, under the Shah Zadeh, retreated towards Ahwaz and Shuster in great disorder. The British forces are encamped near Mohammerah. Our loss in killed and wounded is about ten. The Arab tribes are friendly, and are sending in their submission."

[The second announcement is not dated.] "The flying expedition to Ahwaz returned to Mohammerah on the 4th instant (April) completely successful. The large Persian army retired from their position, and retreated rapidly towards Dizful before a British force not 400 strong. One gun was captured, and extensive military stores were seized and destroyed."

t natal 2mtrira.—Conflicting rumours with respect to the operations of Walker and his allied fees continue to arrive. Stories of brilliant victories said to have been won by Walker and Henningsen have been uniformly followed of late by contradictions more authentic than the original reports. The last batches of Filibusters who have sought to reach Walker by the San Juan river have met with nothing but misfortune. On their arrival at Greytown, they found that the Costa Ricans had not only seized the river steamers but the post at the landing-place. A force landed under the notorious Colonel Titus of Kansas' and attempted to make its way by land ; but it was beaten back with loss. The J. N. Scott, a steamer freighted with Filibusters, blew up off the San Juan river ; and those who were not killed owed their rescue, and the wounded some mitigation of their sufferings, to the boats of the British men-of-war.

But although Walker appears to have been worsted, a new cause of trouble has arisen. The Government of the United States have not ceased to press for satisfaction on account of the massacre at the Panama Railway station. It now appears that negotiations have ceased, and that the Ministers of the United States and New Granada have been recalled. Orders have been forwarded directing the squadrons in the Pacific and the Atlantic to concentrate on each shore of the Isthmus; and the American journals intimate that if satisfaction be not instantly accorded, the state of New Granada will be first invaded and conquered, and then purchased by the American Government. Indeed, there seems a desire in certain quarters to coerce the whole of the Central American states, and secure for the United States a command of the transit route.

uittkhiffiE5.—The Niagara arrived at Liverpool on Sunday, with athices from Boston to the 22d.

The Ohio Legislature had adjourned, after passing a bill making it-a penal offence to claim or hold slaves in Ohio, or to attempt to carry away from the State as a slave any person of colour. Resolutions were also adopted declaring it to be a duty to use all power consistent with the national compact to prevent the increase of slavery, and to mitigate and finally eradicate it from the Union ; and that the ordinance of 1787, so far as it concerned slavery, should be extended to all territories of the United States and the senators and representatives in Congress from Ohio were instructed and requested to vote against the admission of any new State unless slavery be excluded by its constitution.

The bill on the same subject, described last week, has passed the New York State Legislature.

31rmfa II nhIanII.—The convention between Great Britain and France respecting the Newfoundland fisheries has been unequivocally refused by the colony. A despatch from Mr. Labouchere to General Darling shows that it never was intended to cede or exchange the rights of that community without its consent. General Darling is authorized to give such assurance as you may think proper that the consent of the community of Newfoundland is regarded by her Majesty's Government as the essential preliminary to any modifications of their territorial or maritime rights."

instralia.—Letters and newspapers from Australia were received early in the week via Marseilles, whither they had been brought from Suez by the European. The advices from Melbourne are to the 15th March. The first Ministry under the system of responsible government had resigned, in consequence of the adoption of a resolution which censured their policy for the encouragement of immigration, by the House of Assembly. Mr. O'Shanessy, the mover of the resolution, was "sent for" ; and he succeeded in forming a Ministry, in which the Irish element was conspicuous. It consisted of the following persons " Mr. H. S. Chapman Attorney-General ; Mr. J. V. F. Foster, Colonial Treasurer •' Mr. C. G. Duffy, Commissioner of-Public Works Mr. A. F. A. Greeves, Commissioner of Trade and Customs ; Mr. G. S. W. Home, Commissioner of Crown Lands and Survey ; and Mr. J. D. Wood, SolicitorGeneral."

The Melbourne Age regards the new as a " vast improvement" on the old Ministry, both with respect to "social position" and ability.

"Mr. Chapman was formerly Chief Justice of New Zealand, and more recently Colonial Secretary of Tasmania. Mr. Foster was formerly Colonial Secretary of this colony, and at one time, indeed, acting Governor. Mr. Duffy is too well know to our English readers to require description. Dr. Greeves was one of the leaders in the old Legislature, in which he sat as member for the city. Mr. Home is a legal gentleman of high character and respectability, brother to the present Chief Justice of Tasmania. Mr. Wood is one of our ablest lawyers, and was offered the Solicitor-Generalship N fortnight before by Hr. Hama, and refused." ritis!J6aiag.—The revival of cotton cultivation is exciting a great deal of attergion in British Guiana. The Royal Gam tte of George?awn reports the proceedings of an important meeting on the subject, recently held at tie rooms of the Royal Agricultural and Commercial Society in that town. "About one-hundred and thirty of the most influential merchants and planters were present," and the Honourable Peter Rose ocoupied the chair. According to the statements of the speakers, the colony contains upwards of sixty millions of acres of rich alluvial soil oa its sea frontage alone, extending, for a depth inland of thirty miles. 250 miles along the sea-coast. But the actual number of acres under cultivation is only one-hundredth part, namely 60,000 acres. It is contended that an ample supply of free labour from Africa or Asia world enable the colony to supply all the demands of Manchester for cotton, and greatly increase the produce of sugar. Since 1847 the colony has imported 18,000 immigrants, at a cost of not more than 13 per cent oa the increased value of the exports produced by immigrant labour. That increase is very striking. In 1847, the sugar exports were 30,000 hogsheads per annum ; in 1866, they had risen to 52,500 hogsheads. The ,speakers contended, that with plenty of labour they could soon show a large export of cotton. Free labour, it appears, has been pretty successful in British Guiana. The creole Negro peasantry have in several eases bought estates by clubbing their earnings—purchasing three estates in one place for 180,000 dollars, another for 50,000 dollars, and so on. They also rent lands to a great extent. The statements respecting the Coolies challenge attention. Mr. Bruce Ferguson said— Looking into the matter, it was found that oir the 31st December last, the Coolie immigrants had not less than 32,110 dollars deposited in the savings-bank ; but it was also well known that the Coolies deposited large sums with the managers of estates, in whom they had confidence. Large amounts were also kept by them in bullion, and melted down into ornaments; so that the amount deposited in the savings-bank represented but a part of their savings. It was also well known that these people did not work very hard. He found that the 315 Coolie immigrants who returned to India in the Blue Jacket carried away with them in a bill of exchange 24,000 dollars, or about 5000/. sterling. This seemed an extraordinary sum of money for these people to raise in so very short a period. They heard of nothing like this in any other country, not even in Great Britain or on the Continent of Europe. But large as this sum was, it did not represent the real amount that these people carried away with them. They carried with theui large sums in money, and a large amount melted down in rings and armlets ; and he believed that the whole amount which they actually carried away with them was fully one-half more than was pubhcly known. The Coolies who returned to India by the previous vessel which left also carried away with them about 4000/. sterling ; and also money, bullion, and ornaments. Every vessel which returned to India with immigrants carried similar amounts.

It is calculated that there are six millions of acres on which cotton could be profitably cultivated. The colonists look to the capitalists of England for aid in obtaining labour. They complain that up to this time their exertions to introduce immigrants have been hampered by arbitrary restrictious ; and they have adopted a petition to the British Parliament "praying that every facility may be afforded to the importation into this colony of immigrants from India, China, Africa, and any other country from whence they can be procured."