THE WAR. LATEST INTELLIGENCE.
[SPECIALLY TRANSMITTED TOR THE
"SYDNEY HEKALD."]
London, 3 p.m., August 11. Consols, 91i ; Bank of England discount, 6 , United States bonds, 86f ; exchange on New York, 9| to 10J premium. Wheat quoted at lls Id in Liverpool market. New York, August 11.
Despatch, dated Metz, August 9, states : — The Emperor went this morning to tke headquarters of Marshal Bazaine, who resumed command of the troops stationed at Metz. This is an indirect way of contradicting the rumour that Bazaine was to be made Generalissimo of the whole army of the Ehine. The Emperor is blind to his own incompetency, and, disregarding the universal outcry against him, will cliug to the chief command of the army until another defeat exhausts the national patience. La France still asserts that the Prince Imperial is with his papa at the theatre of war, and will not return unless the Chambers expressly desire it. Begun, August 11. The belief is quite general here in official circles that the French empire is near its end, and that a military regency will soon be established, or a republic declared. The appointment of Marshal Bazaine is looked upon as an abdication by Napoleon of his military supremacy, and people think this will soon be followed by some act divesting him of civil supremacy. It is reported that Mr. Washburn, American Minister at Paris, has his hands full on account of the number of Germans who have claimed the protection of his flag. A copy of the Austrian neutrality circular has been received. The diplomats who hare read it think Austria is gratified by the outbreak with France whose sympathisers discredit the rumour that she will aid their side. It is generally believed that Austria will ultimately be found on the side of Prussia, and it is supposed that Italy will assist France, notwithstanding all that has been said to the contrary.
The feature of the New York produce markets today was a decline in wheat and flour. The bears are very prophetic that low prices will rule.
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Auckland Star, Volume I, Issue 227, 30 September 1870, Page 2
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343THE WAR. LATEST INTELLIGENCE. Auckland Star, Volume I, Issue 227, 30 September 1870, Page 2
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