Show special to tl the 0 desi disi DESERET ket iet NEWS y new york 21 the panama dor par and herald of the has the following the U S flagship vanderbilt and the monitor arrived in the harbor of panama on the having left callao on the ad by these vessels we have news of the bombardment of callao the action began at noon from the shore batteries the fire being returned by the villa de madrid and blanca on the northern and the Num numancia ancia ancla resola tion and alamanca Al amansa on the southern batteries the villa de do madrid and Ber ungela were so badly damaged earl eari early y in the fight that they were obliged to withdraw to san lorenzo lorenz 0 and were afterwards after words followed by the Num numancia ancla ancia and the rest of the fleet all more or less damaged the spanish admiral munez is said to have been badly wounded during the fight senor calvest Gal vest secretary of war was killed by the explosion of a battery the fight lasted till 4 p ewhen m when it was terminated by the withdrawal of the spanish fleet very little damage was done to callao only a few hundred dollars worth of property was destroyed ten peruvians are reported killed and wounded nothing ng reliable is heard of the loss of the fleet but it is supposed to be heavy news of the spanish defeat was received in panama with great enthusiasm the port of valparaiso ralso is blockaded and the chilian government had brought into foice force foree the imperial and export duties egisti existing g before the blockade the markets are dull london 13 bullion in the bank of england had increased nothing definite in american securities owing to the prevailing panic consola closed on the 86 goi gol five twenties 64 GO 60 the bank of england raised its rate to 10 per cent the financial panic culminated im bated late on the loth in the suspension of overend gurney co their liabilities are ten to twelve millions sterling assistance was asked from the bank of england but they declined to grant any on the ground that it would be vain in a crisis like this to assist one establishment and not be prepared pre ore pared to help other applications as well the following morning lith intense excitement prevailed in financial circles in london liverpool and other centres bentres cen tres and business was ras almost suspended in the meanwhile additional and most serious disasters were hourly announced the first was the english jews stock oot fot then came that of peto bells for then W Shrimp to n railway contractor for and finally it was understood that the im imperial erial mercantile Mer dantile credit association with a paid up capital of and the consolidated dispatch co with a paid up capital of must with extremely heavy commitments pass into liquidation during the day most intense anxiety was manifested to ascertain whether any steps had been taken by the leading merchants and bankers to represent to the government the extent of the crisis and a false notice in the stock exchange that an extra issue by the banks to the extent of had been ordered caused at one time a vi general rebound in prices later in the evening it transpired that thai the government had resolved to suspend the bank charter act it is already known that several failures among dealers will be announced in connection with the approaching half month ly settlement on the stock exchange A irge large number of country bankers were in london to confer with their london agents to provide against all danger from local runs both in london and in the gou sou sauntry ou ample preparations were very generally made for such con tin tiu uncles in n the liverpool cotton market there was increased panic at the commencement on the lith but less unsteadiness at the close at manchester there was a complete panic af at glasgow the iron brokers resolved to td suspend business till the in the produce market in london prices are almost wholly nominal taking into account the thin depreciation that has simultaneously occurred in english funds railway and foreign securities etc the diminution in the market value of this property pyo pio perty since the beginning of the year may be considered to reach to say nothing of losses in cotton goods iron and other articles the london times editorial says that if anything can justify a suspension of the bank charter act the panic which swayed the city to and fro on the lith would excise excuse such a step although we I 1 belie belle believe the reign of terror was approaching its end and would have edve speedily ceased had no infraction of theban the bank k law been permitted even now it is probable the license allowed to the bank will be used it cannot however be denied that about midday of the lith the tumult became a rout such excitement on all sides has not been witnessed since the great crisis of 1825 the daily news applauds the wise and prompt action of the government and says that during during the lith the bank had extended its discounts until the amount exceeded the effect was to reduce the bank reserves nearly this diminution and the prevailing distrust justified government intervention the action of the government was announced in the house of commons at midnight of the lith by gladstone who had been engaged all the evenin evening r in consultation with the bankers and others who represented that the panic was without a parallel in the financial history of the country gladstone said sald he ha had addres addressed kd a letter to the bank of england that if they should find occasion to afford relief to the wants of legitimate commerce and make such advances as would require the issue of notes beyond the amount allowed the government overn ment recommended them not to in doing so and undertook in the event of that contingency to make immediate application to parliament for an act of indemnity the bank of france on the lith advanced the rate of discount from 31 3 to 4 napoleon made a significant speech at audere in which he said that he detested tle the the treaty of 1815 the paris bourse had accepted the statement as a signal for war and severe panics had set in summary review of the lith says the whole prussian army are massed along the frontiers austria eaustria Is bringing into the field every man she can raise it is enough to say that the whole nation is panting for war new york 22 the academy of music and several other buildings including the medical university and the lutheran church were destroyed by fire last night whick which began in the academy of music an hour after a performance by graves opera company one steam fire engine was burned and two firemen are reported killed the loss is estimated at from two to four millions washington 21 an attempt was made to asnass assassinate binate inato count bismark as he was waa walking in berlin the assassin fired several shots from a re Tolver revolver bismark received only a slight contusion the assassin was arrested but committed suicide in prison the bienna vienna vienna correspondent to the london times says mr motley had announced noun ced that he crould leave the country if another body of volunteers was dispatched to mexico A detachment of 1000 men was to have embarked at trieste may loth but there is no announcement no of their doing so fco A dispatch may lith says that in consequence odthe of the protest of the american minister the last relief volunteers who joined tle the the corps destined for mexico have been sent home on unlimited furlough new york 21 01 the commercials money article says the government sales of gold will call cal I 1 the treasy preasly about thirteen millions in currency and the demand upon the banks for this large amount causes a slight flurry upon the money market stocks are generally lower except governments ern ments but the bulls show confidence in future reaction by buying freely on 15 D 30 days options washington 22 in the senate williams introduced a bill granting grantin lands to aid in the construction st of a railroad and telegraph from great salt lake to the columbia alver A bill opening the public lands in alabama mississippi arkansas and florida to settlement under the homestead law without regard to color and extending the benefits of this act to late rebels who take the oath of future allegiance legi ance was debated and passed sherman spoke two hours in favor of the bill on consolidating the public debt the house passed the bankruptcy bill reported on the a bill from a select committee and which differs from the former bill only in some isome slight particulars tic ulars yeas 69 nays 58 dr george E cooper post poat surgeon at fortress monroe reports a medical examination of jeff davis made in compliance with instructions from the president saying that davis da vis is considerably emaciated nis his his nervous system is greatly dera deranged nied want of sleep bas has been the great and almost principal cause of his nervous excitement this is produced by the tramps of the sentinels so nt inels ineis and guard relief almost invariably ably awakes him he has scarcely enjoyed over two hours unbroken sleep since his confinement precautions have been taken by placing matting along the sentry walls to alleviate alleviate this source of disturb disturbance anee but with only partial success i new york 22 1 the academy of music is valued at the total loss by the late fire will not exceed washington 23 the president and his cabinet were serenaded tonight to night by the national union club secretary stant Bt stanton anton on be being ing called apon at his residence read a manuscript speech the president and the other secretaries seere Secre teries made only brief acknowledgements acknowledge ments washington 25 the senate was two hours in executive session yesterday on the late removals and appointments for ob opinions inions sake and finally rejected col samuel mckelvy for marshal of the western district of pennsylvania and col W H burnell burn ell eli for postmaster at baltimore both active supporters of the presidents policy the congressional committee at memphis telegraph that they have begun an aja investigation of the late riot major gilbert sent to memphis by gen goward oward howard 1 has made a general report saying that the civil authorities had not taken the slightest notice of the terrible riots and seem to regard them as simply a skirmish between the police and negroes it was certainly a very one sided skirmish as from testimony no resistance was made by the negroes after the first fight the citizens had been advised to hold meetings and denounce the conduct of the mob bu but t they neglect or refuse to do so T the h e papers of memphis are at the root of the whole matter they have advocated ii it for months and this is only the legitimate result of their inflammatory and ancen diaday articles columbus ohio 24 the democratic state convention nominated thomas mckey of cincinnati for judge of the supreme court B V F levere of shelby co secretary y of state and adopted resolutions tha that the democracy will adhere to its organization and to its ancl anci ancient eilt elit faith as enumerated by the well settled principles of pgthomas thomas Je jennerson fierson but theone great question of the day being line tine imme immediate I 1 and unconditional restoration 0 of all the states to the exercise of their rights within the federal union under the constitution we will cordially and actively support andrew johnson as president of the united states in all necessary and proper means to carry on his policy as directed to that end for the purposes above set forth we will cordially operate cooperate co in n public meetings conventions and at the polls with all men without reference to past par party ty positions I 1 who honestly and by their acts and votes as well as b by their professions fes support the presillie president lit in his policy of restoration as now declared new york 25 the heralds washington hn special says the trial of jeff davis under the norfolk indictment will probably be postponed till august or september much animosity animos sty prevails in virginia a against the members of the grand jury who returned the indictment and until the popular feeling somewhat sub sides the tho attorney general thinks it best loest to to delay the trial judge thomas of the circuit court of virginia at alexandria refuses to admit negro testimony in in a case between a negro and a white man on trial before him declaring that congress cannot decide what persons or classes of persons may testify in the virginia courts the hudson river kiver railroad freight depot on et st was burned this morn ing the loss Is is estimated at washington 25 in the house hubbard of iowa ain introduced trod a bill repealing the restrictions ions lons in the postal laws which prohibit carrying franked matter books and documents by the overland mail and which require prepayment prepayment hooper rel rei reported a bill requiring disbursing officers to deposit with the treasury or its agencies and making aking it felony to do otherwise the house passed by a vote of against 2 the bill heretofore reported for equalizing bounties bount les los amended to deduct sailors prize money and soldiers local bounties and to prohibit payment where the discharge papers have been sold gold to brokers the effect of these amendments is to cut all who enlisted in 1863 or subsequently when liberal local bounties were paid new york 25 the posts money article says the chief item of importance in is the firmness given to 5 by the report that owing to advice in gold foreign houses who had imported goods cannot sell them at a profit consequently are re exporting them chicago 26 20 up to may slay 41 steamboats had passed sioux city for montana ft monroe 2 25 05 instructions from washington were received this morning by gentiles gen miles to give jeff davis on his parole the freedom of the fort retiring to his roo room M at carroll hall at night and oconnor his counsel have been allowed access to the fort and have eriv private ate interviews with him at abany any time new york 26 the times special says the senate developed a very general and free frev free freo interchange of views on reconstruction st and it was agreed to add adopt the constitutional amendment as it passed the house except the ad section the caucus then discussed the appointments and confirmations and the preponderance of sentiment seemed to be that it would be ruinous to carry on the warfare begun by the rejection of loyal and good men london 16 the coffi commercial mercial panic is over no more failures are reported the bank refused to make advances jon consola con sols the diplomatic situation continues imminent hn consola Con sols on the closed at sol 86 6 5 at 65 austrian troops have occupied bohemia and the frontiers the volunteer corps for mexico is disbanded and the greater portion is enrolled in the army of the north 1 militar preparations continue ugh out all ake the german states great excitement prevails at leipsic owing to a report that the prussians had crossed t the he saxon frontier and that a collision with the saxon troops was wa imeln imminent nt garibaldi has accepted the command tendered to him in the italian army chicago 23 secretary seward beward made a speech at auburn N Y last night saying that the national life lately hung on the issue of victory won lu in war it now hangs on issues of reconciliation in peace the nation must live it must live forever whether it receives the needed care in any emergency at the hands bands of our present congress and party or at the hands of another I 1 agree desme that it t Is altogether easier and more desirable b wor WOT BO so begun ana tind BO so successfully prosecuted heretofore shall be continued and ended under the of the national union party and of the present congress as the representatives representatives of that party I 1 agree therefore I 1 that at it would be a sad |