LATEST ENGLISH NEWS. [From the Colonial Times, January 11.]

New Zealand Spectator and Cook's Strait Guardian, Volume IV, Issue 263, 5 February 1848, Page 2

LATEST ENGLISH NEWS. [From the Colonial Times, January 11.]

By the Marion, with " exiles" for Port Phillip, we have English papers to the 27th oi September inclusive, she having left the Downs on the 29th. The prevaling topic in London is the " panic," which commenced with the extensive failures noticed in our last: the greatest apprehension exists in the City, exceeding, if possible, the excitement of the years 1825-26; " a general want of confidence," says the Examiner, " seems to prevail, aggravated by the recent failures." The last failure of any consequence was that of the old-established East India House of Cockerell

.& Co. for £600,000, tbe acceptances amounting to £500,000; this occurred on Saturday, the 25th Sept. , we find from the London Times that, when the affairs of the firm are wound up, a considerable surplus will remain. Shipwreck. — Three Hundred Lives L osl \ — A report has reached London of the loss of the Canton, emigrant ship, on the coast •of Scotland, with 300 souls on board, all of whom perished : the vessel was said to b«? driven on the rocks of Far-out-head, near Durness, in a violent gale of wind, which visited the coast of Scotland and Caithness : other wrecks had occurred on the Scottish coast, but with comparatively little loss ol life.

Somewhat Mysterious. — Several letters addressed to her Majesty at Osborne House, have been opened on their transit to Scotland, and a strict investigation is being made to detect the inquisitorial personage who has been prying into the royal secrets. He is suspected to be a second boy Jones in a different way.

Lieutenant Munro. — It is understood upon good authority that the sentence upon this unfortunate gentleman will be commuted to a year's imprisonment, of course mere detention, without any adjunct, and, probably, in the gaol of Newgate, where he is at present confined. As an additional proof of the estimation in which Lieutenant Munro was held by those best acquainted with him, it may be stated that a noble and gallant marquis, who was examined as a witness on his behalf upon the trial, transmitted on ihe same afternoon on which he was tried a cheque for one hundred guineas. — Globe.

Marriage of Jenny Lind. —The "Swedish Nightingale" has, it is reported, taken unto herself a mate. The envied man is said to be a banker of Stockholm, an Englishman and related by marriage to a gentleman in wham are united the characters of a London banker and a Giecian historian. The ceremony took place, we are told, at Manchester. — Post

Death of Chief Justice Pennefatijer ■ — The Ri^ht Hon. E.lwaid Pennelaiher, late Chief Justice of the King's Bem-h, which office he held during the memorable "-Lite tii.ils, expired after a long illness, at his res. dome in FnzwiUiam-square, Dublin. By i.i> dtath a pension of (we belive) £300 per amiu-n reverts to the Crown. Mr. Pennefather was called to the bar in Easter Term, in 179G, and was beyond all question the ablest equity lawyer of his day, his practice being nearly wholly confined to that branch of the profession. Marshal Oudinot, one of the ablest of Napoleon's generals died at Pans lately, at the age of 81. He was Governor of the Invalides at the time ot his death. The reigning Princeas of HohenzollernHechingen, died lately, at Freudenstadt. The sister of Schiller, Madame Rjinwald, recently expned at Meinengen, at tlie advanced age of 90.