SEVEN DAYS LATER NEWS, VIA RED SEA, DATED JULY 11, 5.25 p.m.

Taranaki Herald, Volume IX, Issue 422, 1 September 1860, Page 4

SEVEN DAYS LATER NEWS, VIA RED SEA, DATED JULY 11, 5.25 p.m.

London, July 4.

A great leather firm have suspended payment, Smith, Patent, and Smith, tanners. The aggregate liabilities are estimated at £2,000,000. Other failures are expected as a consequence.

Prices were maintained at the Liverpool Wool Sales. The weather has improved. Corn drooping.

Consols, 93J ; Victoria debentures, 108 ; Sydney ditto, 99 J ; Adelaide ditto, 108.

The Russian Loan has been favorably received. The New Zealand Government Land Bill has been introduced by the Duke of Newcastle. 170 Liberal members have threatened to oppose it.

Campbell's National Rifle Association has been started. The shooting commenced auspiciously.

The Sardinian Loan has been voted,

There has been a riotous rising in Naples. A state of siege has been declared. The police have been hunted, and the Commissariat Stores and the archives burned. The agitation has subsided. A Liberal Ministry has been formed. The piomised constitution has been delayed.

The French Ambassador has been assaulted by the lazzaroni.

The Neapolitan Minister at Paris has resigned.

The Italian confederation scheme has been revived. French pressure is felt at Tuiin. The captured vessels and crews have been surrendered.

A submarine telegraph between France and Ame^ rica is projected. '■

HOUSE OF LORDS,

THE INSURRECTION IN NEW ZEALAND.

[From the Home News, June 26.] The Duke of Newcastle [June 14] in answer to the Earl of Carnarvon regretted to say that it was not in his power to assert the incorrectness of

the accounts which had appeared in the newspapers relative to the, insurrection in New Zealand. The noble earl was aware that the mail, via Southampton, had not yet arrived. He had, however, received a despatch from New Zealand, via Marseilles, which, so far as it went, corroborated the accounts contained in the newspapers of yesterday and the precedii.g day. The extent of the insurrection appeared to be somewhat doubtful, but on the arrival of the mail at Southampton further despatches might be received by the Colonial Office. No doubt despatches would be received by the Horse Guaids by that opportunity, none having been received by the mail from Marseilles. Until those despatches airived it was impossible to say what measures would be necessary to be taken by the Government. He would, however, communicate with the Commander-in-Chief and with the Secre-tary-of.State foi War on tho subject. He was glad to state that everything that was possible in the natmeoflocnl effort had been made. Three vessels of war had been despatched to New Zealand from our Australian colonies,

He had reason to believe fiom a private letter that the Pelorus had pioceedcd from Melbourne with 600 men on boaid, and that another of Her Majesty's ships had left Sydney with a similar reinforcement. He could not suffer the opportunity to pass without expressing the admiration he felt at the conduct of the volunteeis in these colonies. This newly formed force, which was extending as widely in our colonies as in this country, had offered to embark for New Ze-iland, and leave their homes and families, if called upon, to put down the insurlection. (Cheeis.) In all our Colonies, in North America, Australia, and elsewhere, a desire for selfdefence and to act as Englishmen were now doing was manifested. Standing there as Secretary of State foi the Colonies, he was bound to bear testimony to the zeal and alacrity with which the volunteers had come foi ward in this distant part of the globe, and their readiness to act locally in the only instance in which their services had yet been wanted. (Hear, hear.)

The Earl of Carnarvon should be glad to know the date of the last despatch received by the noble Duke.

The Duke of Newcastle said his last despatch ftom the Governor- General of New Zealand was dated March 31. The private letter apprising him of the reinforcements from Melbourne and Sydney was dated April 18.