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loqtSrs, found they had three barrels left.- They were SO plenty on Thursday, that those who saw fit to accept the gift of them had the privilege of picking--and some even in- quired if they would also split them and throw in . little salt t!-POrtsmOuth Journal.

 NEw-YoRK, August 3l.

 LATER FROM ENGLAND.

 By the ship Hibernia, Capt. Wilson, arriv- ed yesterday morning, we have London pa- pers to the Slst, and Liverpool to the lst inst at which latter date, we are happy to per- ceive, the Cotton Market was in an improv- ing state. In the London money market we discover no change of importance. The elections for the English Boroughs had clos ed, and the result shows small gain to the Conservative party. The elections for coun- ties had still to take place, where the Conserv- ativeS look for greater change m their fa- vor, and the events of the Elections both in Scotland and Ireland are yet to be known. At present, the members actually returned, are l67 Ministerial, and l5l Conservative Liverpool it will be seen, much to the disap- pointment of the Whig party, has returned two Conservative members.

 MT. HoRsLEY PALMER has lost his election in the city of London by five or six votes.- He will contest the return of his opponent Sir George Murry has been defeated in Westminster. Mr. Roebuck, Radical, and the agent for the Canadian party, has been defeated at Bath. He will probably find it difficult to obtain seat. Sir Robert Peel has been returned for Tamworth again, and Sir J. Russell for Stroud.

 In Paris, some attention is directed to the examination of the three partiZans of the late dynasty, whose papers have been seized by the Police. M. Berryer is among the number. The festivities on the occasion of the marriage of the Duke of Orleans, but just ceased, and now those ill commemoration of "the three glorious days" arc about to begin.

 The defeat of Don Carlos before Valencia seems to be confirmed but it does not ap- pear that the consequences will be at all de- cisve. Other attachments of his army have crossed the Ebro, and are between that river and Madrid. sY

 The plague continues to rage with fearful intensity in Naples and its vicinity, and had reached Malta.

 sse ~ .ags LONDON, July 27.

 The amount of the loan raised here for the United States in the spring of last year, to which reference was made yesterday, was not G1, ,50O,OOO, but E1 E1,0OO,O0O. Ofthat sum E25O,OO0 was paid off on the list of June last. The ratio of the loss sustained by the repay ment of that loan, and by the remittance of dividends upon shares held in Europe, was not overstated. The arrangement entered into with the European shareholders, and which was bonus in their favor, was to re- init at 1O9, and at the present rate ot ex- change, therefore, the loss will be IA or l5 per cent, Some have estimated the holders of United States Bank Shares at one third, others at one-fifth only of the capital, which is about Jc7,OOO,OOO, or 35,0G0,OOO In ei- ther Supposition, the settlement for that por- ton of the dividends must involve heavy loss to the establishment, and when that re- sulting from the repayment of the loan is ad- ded, it must from d material deduction from the amount of dividend to be paid to the shareholders generally. The concern, how ever, is probably too wealthy to make that a matter of much moment, and the inconven- fence can only last during the suspension of cash payinents, the resumption of which Is not likely to be accelerated by the interest which this and others of the great American corporations have in the result.

 We have been at some pains to collect the opinions of some of the best informed men in the city as to the time when this very desira- ble result may be looked for, but do not find any sanguine enough to expect that it will be at a very early period. The great process, however, by which it must be accomplished, that is, by turning the balance of trade in fa- vor of the United States, is going on with a slow, but sure and steady pace. Orders of every kind are withheld not only from this country but from the whole of the producing States of Europe. The demand has ceased, or nearly so, for the iron and lead of Sweden. the tallow and hemp of Russia, the wines and silks of France, along with the demand for the cotton and woollen fabrics and the hardware of Great Britain. This will not of itself effect the desired object, but the cotton crop, which is growing, promises to be very abundant one, and as Europe must, as 1t is conceived, have this commodity, it forms the great medium by which the debt of the Uni ted States to Europe must ultimately be li- quidated. When this crop is at maturity therefore, if the Americans maintain the same prudent forbearance with respect to new orders from Europe, or oycrtrading of any kind, gold and silver will find their way back to the United States in sufficient abun- dance, and specie payments may once more with safety Do resumed. But this change is not expected to take place, it should be ob- served, even by those who are disposed to take the most favorable view of the subject, earlier than in the spring of next year. There will then remain to be adjusted the mode in which specie payments are to be re- stunned, and here the form of the constitution of the American union, with the independent powers exercised by the separate states, are expected to create many serious and per- plexing obstacles to the final resumption, es- pecially as a general measure, among the banks in the United States. @

 With respect to the large profits supposed to be made by those banks during the late crisis, when many bore interest at the rate of from 2 to 3 per cent. monthly, it may not be irrelevant to observe, that they have turned