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---------------LONDON, MAY…

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LONDON, MAY 2. THE Paris Journals of Thursday arrived by express this morning (Saturday). In the Chamber of Deputies, on the proposed vote of 400,000 francs for the colonisation of Algiers, several Members expressed their disapprobation of retaining it, whilst others insisted on its being' abandoned, and even went so far as to assert that the Government had determined on doing so.. Mar- shal Soult, President of the Council of Ministers, and in the name of the Government, distinctly and positively asserted that the Government never had any ideaof giving up the colony, and that it had no intention whatever of giving it up. It is generally believed, but not officially announced, that the Chambers will be prorogued on or about the 15th of May, and that the Chamber of De- puties will be dissolved on the following day.. The elections would take place between the 25th and 30th June. M. de Chateaubriand, who resigned his seat in the-House of Peers on the accession of Louis Philippe to the throne, has announced his intention of presenting himself as a candidate to the electors of Lille. The Chamber of Peers is constantly occupied with the pre- liminary investigation into the late conspiracy and ih- surrection, and examination^ of prisoners. Seventeen sub-officers of the 36th Regt. of the line (from: the rank of adjutant to that of corporal inclusive) were sent in chains and without trial, from Parts for Algiers, on Wednesday last, in punishment of their professing libe- ral opinions. All the accounts from the South of Spain are highly favorable to the Queen's cause; but we regret to say that in the North things do not wear so promising an p- t, aspect. General Queseda, on returning from Vittoria to his head-quarters at Pampeluna, was defeated by Zumalacarreguy, the Carlist Chief. The force of the opposing parties was nearly equal. Queseda had 1800 men, with six pieces of artillery, and 200 cavalry; the Carlist Chief, 2500 infantry and cavalry, but no artillery. The latter disputed the high road with Queseda, who was obliged to retire with the loss of 200 killed and wounded, and 300 prisoners, besides all his artillery. The officers of the Royal Guards, upon whom the Queen's General relied, were the first to give way, and all the rest followed. It was with the greatest difficulty that Queseda saved himself at Villa Franca. Among the prisoners was a Colonel (O'Donnell) and several Officers, who were immediately shot. The curate Merino is also said to have sustained a repulse at Lasierra on the 17th, losing to the Carlists 29 killed and 33 prisoners, among whom were some officers, who were, according to the savage usages of this unnatural warfare, immediately shot. The intelligence from Portugal is highly satisfactory. Almeida, a strong fortress on the frontiers of Portugal, 0 9 had declared for the Queen, and the National colours had been hoisted amidst great acclamations. The en- trance of General Rodill with a large body of Spanish troops is confirmed, and as he advanced, all the strong places in his route declared for the Queen, and Carlos, the Spanish Pretender," as heis designated, was a fugi- tive before Rodill's troops, with few followers and without resources, and plundered by his attendants of the few valuable effects he had remaining. The cause of the Pedroites was still gaining ground in the North. The Dilke of Terceira has taken Amarante, Reyoa, and LamegO, on the other side of the Tagus Cardozo has retreated upon Almeida, quite unconscious of that place having declared for the Constitutional party. The taking of Vianna and Valenca by the gallant Napier has been followed by the liberation of the whole of the pro- vinces of Entre Douro and Minho, which, though small, are very productive, and highly important. The only alloy to Pedroite rejoicing with respect to the North of Lisbon is Figueiras, at the mouth of the Mondego, which still holds out and braves all Napier's threats. This latter had returned to Lisbon to solicit reinforcements, and a squadron, comprising the venerable John the Sixth, was preparing, but whether he is going to attack Figueiras, or to endeavour to remedy the errors which have been committed in Algarve (the Baron de Sa having been defeated by the Miguelites atBeja, and been con- sequently obliged to abandon his late conquests in the Alemtejo), at present has hot transpired. The Admiral, by the way, has been made a Count." The invasion of the Portuguese territory by the Spanish troops under Rodill was known at Lisbon, and had contributed much to re-assure the Queen's party. Don Carlos was re- ported to have reached Santarem in safety. Nothing new had occurred between the armies at that place. The Miguelite cause has sustained a mortifying loss in the de- fection of its late Chief, Santa Martha. This General nrst 'tendered his submission by writing to the Duke of Terceira upon the 12th, and the following day repaired to his head-quarters, where he surrendered in person. By the General Steam Navigation Company's mail packet the Ramona, from Rotterdam, letters and papers from the Hague came to hand. They report the closing of the Session of the States-General upon the 29th, after a speech from the Minister, the only thing remarkable in which was his allusion to the still unfinished state of the negotiations with Belgium, for which he said the Court of the Hague was not answerable. He, however, expressed a hope that a pacific consummation was only postponed, not finally deferred. Through the Brussels papers we learn; that General Goblet, who had been sent Ambassador to Berlin, had returned to that capital, the King of Prussia having re- fused to recognize him. The objection appears to be a personal one, as the General had formerly served under the King of Holland, when King of Belgium also. His place was to be filled by another functionary. Commercial accounts have been received to-day from New York to the 2d ult. Although mercantile affaire had begun to wear a more favourable aspect, confidence L continued at a very low ebb, and the excitement with regard to the United States' Bank question appeared to increase. The resolutions passed by the Senate, de- claring the power exercised by the President upon this question to be contrary to the constitutional laws, and that the explanations given by the Secretary for the withdrawal of the deposits were unsatisfactory, had in- creased the hope that General Jackson would, after all, be compelled to withdraw his veto. Petitions were flowing into Washington from all parts of the Union against the withdrawal, and in favour of the continuance of the Bank Charter. A resolution was also under dis- cussion before the Senate for continuing the charter for six years. It had been estimated that if 50,000,000 dollars were distributed among the trading classes they would not be compensated for the losses they have sus- tained by the stagnation in trade, consequent upon the agitation regarding the deposits. Money was becoming more abundant, but while confidence remained so much shaken it was of little use. Within ten days 1,000,000 dollars had arrived from Europe and South America, and 2,000,000 more were expected from France and England. The Bank had been discounting more freely.

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