The New Zealand Herald. AUCKLAND, SATURDAY, JANUARY 25, 1868.

New Zealand Herald, Volume V, Issue 1308, 25 January 1868, Page 3

The New Zealand Herald.

AUCKLAND, SATURDAY, JANUARY 25, 1868.

SI'ECTF.MI'U AGEXDO. " Give every man thine ear, but few thy voice : Take eaeli man's censure, but reserve thy judgmcut. Tills above all, —To thine own so?f be true And it must follow, as the niyht i:he day, Thou canst not then be false to n.ny man."

PoiiEiiosT among tlie intelligence received by tlio mail is the account of the suppression of tlie G-aribaldian revolution and the acceptance, by the parties immediately concerned in the Italian question, of tlio decision of a Conference which is now being organised. The principal European powers have already consented to be represented in such Conference. England, however, lias not yet given her concurrence to this proposed method of settling the relations of the Pope with Italy, nor will she do so, it is said, until pro : gramme of the business of the Conference is prepared. The task will, doubtless, be a difficult one. It will bo hard to reconcile the desires of Prance, Italy, and the Pope. The latter insists upon the status in quo— that matters shall remain as now. Italy seeks for the temporal power now enjoyed by the Pope. Prance for a lay government in Rome, with the Pope as sovereign. The crisis of the revolution is, however, considered as passed, and three French regiments, and two batteries of artillery have been ordered from llome to Civita Vecchia, the chief port of the Italian states, for embarkation to France. Garibaldi is a close prisoner, and, if reports speak true, is receiving very harsh treatment, the object of the Italian Government being to get rid of him altogether, by coercing him into purchasing his release by the promise to retire for life to America. The Italian people are highly indignant at the interference of France, which alone saved Home, and do not hesitate to declare that Jfapoleon's difficulty, whenever it occurs, shall be Italy's opportunity. Bismarck has, douotless, now, a stout ally in Italy. England has not hesitated, and has wisely struck a blow at the serpent's head ot Fonianism. Of the four Fenians condemned for the Manchester murder, three have been hanged, and one reprieved. Great efforts were made by a section of the working classes to obtain the reprieve of all tour, but the Government was firm. Beales, M.A., the agitator, had been working the Reform Letigue in their favour, and by a cautiously worded motion had committed the League to an expression of sympathy with Fenianism generally. Independently, however, of the open demonstrations made to induce the Ministry, and even the Queen in person, to exercise the prerogative ol mercy, threats have been indulged in. The telegrams announce that the Fenians threatened to burn every town in England if the malefactors were executed, and the following Fenian circular was issued in Ireland :—

As yet, however, England has not resorted to the open slaughter of xriah political prisoners, but should she do so, I am instructed to my that for every judicial aßSatsination she is guilty of, the life of a prominent .Knglishmaj will be exacted by this Government, and you will point out thut upon England must rest the odium of having first inaugurated the policy of, assassination in her present struggle with Ireland. Whether the persona to be put to death by .England on account of the van incident belong" to the Fenian organisation or not, a measure of retaliation shall bo exacted on their behalf, in recognition of their claims as Irishmen. While the perpetrators of the Manchester outrage can in no way claim that the proximate cause of that outrage was tlie political wrong done by England to Ireland, it must he conceded that the duty of England in affording a fair measure of contentment and prosperity to Ireland has been shamefully neglected, and that she has brought upon herself by such neglect the loss ot respect with which she was formerly held by foreign nations, and has introduced the corrupting influence of revolution, and almost civil warfare, within her hitherto peaceful borders.

The Abyssinian expedition is fairly entered 1 upon, and so is the cost. A sum of two ! millions is asked for immediate expenses, j It is hard to believe that the rescue of a few i prisoners, who, at the last moment, will, in I all probability be butchered by their captor, is the real object of England in this war. More probably, as hinted at in other quarters, the occupation of the Ked Sea—which, if like the Mediterranean, made an English canal, would give her the unobstructed high road to her Indian possessions—is the object really aimed at.

Dr. Sclwyn, the Bishop of New Zealand, has been ofiered and declined the Bishopric of Lichfield, to which is attached a salary of £5000 per annum, and a palatial residence. The offer was, it is said, declined in a letter as characteristic of, as it is honorable to, himself. We might have expected this of Bishop Selwyn, who is at heart a colonist, and whom no offer of wealth or place would tempt from what he considers the proper sphere of his duties.

The American news is important. The President is to be impcached by the Congress. On the other hand he has an immense party at his back, and defies the Congress. On the 14th November, a conservative banquet took place at Washington in his honour. President Johnson then made a speech, in which he expressed his confidence " that the people will destroy the despotism of parties."

The trial of ex-President Davis is fixed for the 25th December.

The commercial news is reassuring. Money continues plentiful. Australian and New Zealand debentures are in demand. We take the following from the latest London journals:—

New Zealand Government Six per Cent, debentures for £470,000 were disposed of on the 19th inst. by public tender, at the offices of the crown agents for the colonies. The minimum was fixed at 102j. Tho total amount applied for was £2,659,700 —viz , £2,433,200 at aud above the minimum, and £226,500 below the minimum. A few small tenders above were allotted in full; the balance was taken by Messrs. Bothschild at 10 ij. Owing to this satisfactory result, tho old securities of the New Zealand Government were in request at an advance of 1J to 2 per cont. Other Australian securities :—Melbourne and ffobson's Bay Kailway, 49 to 51 ; ditto, 6 per cent, bonds, 96 to 97 ; ditto, 5 per cent, bonds, 1895, 82 to 83 ; Bunk of Australasia, 62 to 64; Bank of New Zealand, 7 to 9 premium ; London Chartered of Australia, 24 to 25 ; New Bouth Wales, 44 to 46; South Australia, 26 to 28 ; TJnion of Australia, 51 to 53; Port Philip, 1-J- to li ex div.; Panama, New Zealand, and Australian Koyal Mail, 5 to 6 ; ditto, 2-i to 3. Among the deaths appear the names of two noblemen. One, that of Lord "Wriottesley, the other, that of Marshall O'Donnell. One, the life of political revolution in Spain, the other a man of peace and science, the foremost of English astronomers of the present day.