FOREIGN.
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By the arrival of the steam ship British Queen,
Portsmouth dates to the 1st of May, have been re-
ceved in New York. This vessel made her pas
sage in thirteen and a half days.


The cotton market had been steady, and holders
having evinced more irmness. an advance Of I'D
had been obtained on the lower and middling quail
tiles. The advices from the manufacturing dis
tricts are rather more encouraging, there being a
better demand both for goods and yarns, without,
however, much improvement in prices.


The London money market was dull-money
very abundant at 81 per cent without any demand
for it. American stocks remain with out demand.


Galignani's (Paris) Messenger contains the fol-
lowing paragraph, announcing the arrest Of Hosea
Lewis late cashier of the SchuYlkil Bank at Phila-
delphia:


"The Prefect of Police having been officially in
formed on Monday last, that person named Hosea
John Lewis, the cashier of the banking house OF
Messrs. SchuylkiIl, at Philadelphia, had absconded
from the United States with than four million
of francs, and was supposed TO have proceeded to
Paris gave such instructions for tracing him that
he was arrested on Tuesday, at No. 5. in the Rue
Feydeau, where he had just arrived from Bor-
deaux, and was living in small apartment, with
every appearance of parsimony, in order, as it is
conjectured, to avoid suspicion. The greater part
of the stolen property, and large quantity of ac-
count books and papers were found in his posses
sion. The prisoner was Immediately taken to the
depot of the prefecture and information was sent
to the American embassy"


The Boundary Question: 1t seems that the
boundary question is likely to be settled to the sat-
sfaction of all parties and that SO far from being
on the verge of a war, the Governments of the two
hi tbop &C
bringing the negotiation to close. 1t is said that
the adoption of the Intermediate line of boundary
proposed by the King OF the Netherlands, and the
payment of the sum of $990,O0o by the British
Government, has been agreed upon.


The Russians continued their preparations for
war in the ports of the Black Sea- and were said
to have announced to the Turkish Governm ent
that they were ready to send an army to cooperate
in an attack on Ibrahim Pasha. The British Gov
ernment said to be intriguing to,out-maneu-
vre the Russians, and 20 foment discomfort in the
Turco-Egyptian feet, aud even to mediate the
landing of force on the coast of Syria.


The French have taken possession of the island
of Mnorca, in the Mediterranean, for the purpose
of establishing hospital there for the sick troops
from A!giers. This, it was rumored, had occasion
ed some sharp diplomatic correspondence between
the French and British Governments.
100000 francs have been appropriated by the
French chamber OF deputies TO defray the expenses
Of blockade of Buenos Ayres. Another expedition
against the Republic contemplated by the
French Government.


The only paragraph relating to Chinese affairs is
to be found in a French journal, the Universe,
which states that rumor was current that the
English Government had offered letters of marque
to such French ship owners are willing to take
part on their own account in the war with China.
1t added that several great capitalists had form
ed an association to take. advantage of the good
will thus manifested by the ministry of Lord Mel
bourne.