SURRENDER OF SARAGOSSA.

Lyttelton Times, Volume VI, Issue 424, 26 November 1856, Page 4

SURRENDER OF SARAGOSSA.

Paris, Saturday Morning.—The ' Monitcur' publishes the following : — " Madrid, August I.—Saragossa has surrendered fo the Government. General Dulce made his his entry there with his troops at half-past one p.m. The whole of the peninsula is "tranquil, and obeys tho orders of her Majesty."

(From the ' Argus ' correspondent.) Most of the ministry are on tlio wing. Mr. Lowe has gone to America jih Vice President of the Board of Trade. He made, wo think, a good selection for his summer tour; let un hope ho will return a wiser, if not a sadder man. His career this session has not been encoura-

ging. Liverpool has beaten him on the "property is thoft " question; and his Joint Stock Bill has damaged him with the business public.

The elevation of Mr. Strutt to the peerage, with, the title of Lord Belpcr, is being much discussed. The' Manchester Examiner ' speaks of it with groat satisfaction, as marking " the surrender^ of feudalism to industry." This is not strictly true. The reconciliation of feudalism with industry would have been a more correct expression, not but what that has been effected in reality long ago; nor am I able to perceive the wide difference between the ennobling of Mr. Strutt and that of any other other successful merchant. The question is beginning to be mooted whether the honours of the British peerage should not be extended to successful colonists. This would certainly soem one very effectual method of knitting them to the mother country. The Central American question is now finally settled. The Bay Islands are to be given up to the Honduras, which State guarantees their eternal neutrality. If it can be adhered to, this a very satisfactory arranger ment. ' The coronation at Moscow is likely to be a very grand affair. Lord Granville and Sir Eobert Peel attend on behalf of England. They will probably enjoy themselves very much. European and Australian Eoyal Mail Company.—Allegations having been made in Parliament and elsewhere that the steamers of this company, by which the contract for the Australian mails by the overland route has just been obtained, are unequal to the service, the directors have felt it necessary to put forth a refutation. Their vessels, they state, have a miximum speed of more than 14 knots, while with adverse winds and tides the maximum is 9| knots. The company have accepted unconditionally, and with a ' full knowledge of the consequences, the penalties imposed by Government, and express a conviction not only of their ability to perform their engagements, but of making their passages much within the time allowed by the contract, and in a manner which could not have been attained by any of the other parties who tendered lor the service. The new boats being built for them will have a speed guaranteed under penalties by the builders of 14 knots, with the largest supply of coals they will be called upon under any ciicumstances to carry. The large shipbuilding yard, late the property of Messrs. Eennie, Johnson, and Co., Sefton-street, Liverpool, has been taken by the above company, for the construction of vessel« similar in size to the Royal Charter, to ply between the United Kingdom and the Australian colonies.— Home JS rews, August 4th. Prince Albert an Australian Proprietor.—lt is stated that he has bought an enormous tract of land in Australia, which in >-wbout twenty years will return about one thousand times as much as ajl the Saxes, Coburgs and Gothas in Germany put together. Now, there is a principle in all this, whether or not it be true that the Marquis of Westminster advances portions of the purchase money. When William the Fourth, for himself and successors, made the bargain with Parliament that he should have so much a year in consideration of his giving up all the crown lands, it was distinctly intended that the Sovereigns should for ever cease to be land-holders. But here the Crown is ivcommeneingits functions as anestated proprietor. The Queen bought Osborno. The Prince bought Balmoral; and has bought a province in Australia,.'ind will go on buying, for the sake of the little royalties.— Eiialish Paper. Future Prevention of tiie French iNUNDATroNS.—The ' Daily News ' Paris correspondent says—" During the visit of the Emperor to the inundations of Trolaze, a plan was submitted to his Majesty by the perfect of the Maine-et-Loire for surrounding1 the entire village of Trolaze, and all the slate quarries, with a dyke of four metres, by which all fears of future injury by inundation would be removed. _ The Emperor at the time approved of the plan in principle, and no time has been lost in carrying- it out, the prefect having, two days ago, received a telegraphic despatch from the Minister of Public Works, announcing that a credit of 100,0001. had been opened to him for commencing the dyko in question at the two extremities simultaneously."