... To TziL, EDITOR.-There is no doubt (as Mr. Llewellin pro- perly observed), that the present mode of assessing railways as directed by the superior courts at Westminster, is based upon a wrong principle; the direction being, that after the net profits are calculated, five per cent. is allowed for interest upon the capital invested in rolling stock, and ten per cent. as tenant's profits in ...

... The Speaker having read the Queen's Speech, Mr. A. Egerton moved the Address, in a neat speech, of course eulogising the course adopted by her Majesty's advisers. The Address was seconded by Sir J. Elphinstone, The Speaker read the Address, and was about to put the question, when The Marquis of Hartington rose to move an amendment that in the opinion of the House, her Majesty's Ministers did ...

... It will, of course, be observed that the above tele- grams have come from the camp of the Allies. The following are the Austrian official bulletins, which, though they undoubtedly show the battle to have been a most sanguinary one, put a somewhat different colour- ing on the affair VERONA, June 5. Early yesterday a hot fight began at Magenta between the enemy, who had crossed in great force ...

... Thp, N ew York Journal of Commerce states that large orders from England for firearms had been given. It says:— We learn that orders were brought out by the last steamer from England for the immediate construction of large quantities of machinery for the manufacture of the most approved American firearms, and that the same have been put in hand for execution, both at Chicopee and other large ...

... It will be seen that the last telegram, dated half-past, 11, gives the state of Milan as perfectly tranquil, whereas that following is dated from the French head. quarters three and a-half hours earlier, and describes Milan as being insurgent. It was posted up at the Paris Bourse on Monday HEAD-QUARTERS, Monday, 8 A.M. Milan is insurgent. The Austrians have evacuated the town and castle, ...

... MINCING LANE, WEMTBSBAY. SUGAR.—The demand is very good for the better descrip- tions, and prices are rather higher, but the lower sorts con- tinue abundant, and are less sought after at last week's rates to 6d. advance. Refined lumps, 51s. to 53s. COFFEE.—This article is very firm at a slight advance on last week's prices. Plantation Ceylon has been disposed of at fully previous rates, and, ...

... In a recently-published sketch of the political career of Louis Napoleon we find the following, which may probably be considered worthy perusal at a time when so much atten- tion is directed to his movements:- LOUIS NAPOLEON'S EARLY TRAINING. From his birth he was the object of the most constant solicitude from his mother. She expended upon him the pent-up affection and sentiment of her nature ...

... No communications can be inserted unless authenticateå by the name ana address of the writer. ...

... AN ENCOUNTER WITH A RATTLE- SNAKE. We (Peoria Transcript) }lave hitherto supposed the day long past for chronicling a big snake fight in the vicinity of the Central City, but such it appears is not the case, from a scene which recently transpired within a short drive from the Court-house. Some of the older residents will remember a building which formerly stood on Prospect-hill, about six ...

... From the speeches of various eminent men, at meetings which have been held in different places, to promote the foundation of Volunteer Eifle Corps, we select the following items SIR DE LACY EVANS. He never felt more gratified in his life than by the movement he now saw going on for the establishment of some means of national defence in the present ex- traordinary condition of affairs. His ...

... A FRENCH OPINION ON THE ARM- STRONG GUN. The French journal, the Bibats, publishes an article of several columns on the subject of the Armstrong cannon, explaining its peculiar advantages, and the effect which the introduction of such tremendous weapons of destruction is likely to produce in actual warfare. Referring to the present hostilities, and the employment of rifled cannon in Italy, our ...

... The following intelligence has subsequently been received:— We (Times) have received the following most important dispatch:— VIENNA, Tuesday, noon. I send you a sumniary of the official news received at midnight. There was a fierce battle at Turbigo and Buffalora on the 4th, At first only two brigades of the First Corps were engaged, but they were subsequently reinforced by other brigades. In ...