Later from Europe.
The steamship Nova Scotis has arrived, with Liverpool dates to the 14th inst. The following is a summary of her news:The Europe's news from America reached London and Liverpool via Queenstown, on Saturday at noon, and caused a great sensation, being generally regarded as disastrous and most discouraging for the cause of the United States. North American securities in London became dull.
The Times, of Saturday, has an editorial on the justifications which just now are being put forth in the North for the war. The editor thinks the symptom a hopeful one, for if reason is to be arbiter it is certain the war policy can never be sustained.
The Daily News has an article in the defence of American heroism and patriotism; and condemns the sophistry of those who find fault that Americans are not sufficiently despondent.
The Liverpool Post advocates mediation and argues that England is the power to mediate and Palmerston the man.
The Index, the London organ of the rebels, says that Geo. N. Senders brought no communications whatever from the ‘"Confederate Government"’ to the European Commissioners.
The Paris correspondent of the London Times gives a version of Gen. Butler's difficulty with the French Consul at New Orleans, very unfavorable to Gen. Butler.
Important discoveries are said to have been made, which will enable jute to be used to a great extent as a substitute for cotton. The article has, in consequence, advanced nearly 50 per cent since the beginning of the month, and the market is greatly excited. Hemp is considerably higher.
Small-pox among the sheep, in Wiltshire, was making further progress. An official order from the Councils prohibits the removal of any sheep or lambs from the infected districts, and make other provisions to check the disease.
It is stated that the great reductions which have commenced in the Woolwich arsenal will amount to six thousand persons.
The iron cased iron frigate Royal Oak, carrying 34 guns, had been launched at Chatham.
Italy.
The statements in regard to Garibaldi's health continue to be conflicting.A Turin dispatch of the 10th instant says that the health of Garibaldi has improved; but other accounts say that his wounds are of a serious character.
General Bixto writes from Genoas in regard to the statement that Garibaldi has been taken to an apartment specially prepared for him at Virginians. He shows that no proper preparations were made for the sufferer, and he denounces the Italian Ministers therefore. He says that Betazzi may aspire to secure for himself the renown of being the defender of order and of repression, but he can have no claim to a reputation for humanity, and it would be better for him to confine his official news to facts.
This communication caused some excitement in Italy.
A late Turin dispatch says that it was considered possible that an amnesty would be proclaimed to all political prisoners.
Commercial news.
Consols closed on Friday at 93⅝@93¾. The Manchester market is firm. Bullion in the Bank of England has decreased £213,500.Flour is easier, Wheat steady, Corn firm, Real dull and prices nominal. Pork sign nominal. Bacon tending downward. Lard is quiet, Tallow is quiet, but steady. Hemp has advanced to £3@£4 and Jute £8@£9 per ton.
American securities closed inactive.
