ARRIVAL OF THE CAMBRIA.
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TFTE EN DAYS LATER FROM EUROPE.

 The steamer Cambria arrived al Boston on ne 4lh instant, having left Liverpool the 19h of November The press oiother matter compeils us to condense the foreign news into the sma Hest com pass. The great Britain, and the Hiberna arrived al Liverpool on the day--the lslh.

 The British ports not, and il is now believ- ed will not he opened free trade in corn. It Is said that Sir Robert Peel was in favor of such a measure, bot that he was overruled by the Duke oi Wellington! a5E

 The accounts of the paioto crop from all parts oi the couniry--we had anosl said, from all parts oi tbs world--especialy from Ireland, were really alarming. 4-a

 The bank of Eng land had raised the rate of dis count 10 3a per cent.

 The corn market continues to rise, and the avera- ges to fall.

 The produce markets remain in tolerabiy heal thy state.

 Trade m the manu featuring districts. is compara- tiyey prostrNte. There is far less business doing and the state of affairs in the country, owing to the potato crop, and the immense speculation in shares has tendency to depress the energies of the manu- lecturers.

 The cotton market partakes of the depression into which every description of business is for n time plunged.

 The Oregon question was beginning to excite some alarm agaln as the time approaches foi ihe delivery of the Presdent's message.

 The business which has been done of late in rail- way shares, either the metropolis or the country, is small.

 The accounts from Italy are not of nature to quiet the approximations of serious outbreaks in that quarter.

 The A American provision trade does not exhibit much activity.

 A letter from Madrid states that as two hundred conyicts were being conducted from Carthagena to the canal of Castile they rose upon the troops es- coriing them mlassacred them all, hanged the com. manding officer d tree, and escaped in different directions.

 A rumor from Russia, which has obtained lilie credit, states that Nicholas intends to ahdicate in

 ysr of his successor, aHd that when he left St. Pc. ersburgh for Italy his had been resolved upon.

 The remarkable change in the tone of the mniste- rial new wspapsrs, regarding U'Courell and the Re- peal conspiracy, has excited general attention in Ireland ..t.

 The symptoms of revolt in Greece are not yet suppressed but continue 10 alarm the government.

 Latest accounts from Naples represent that the crater of Vesuvius has lately put on an unusual ap- peaiance.

 sangunary conflict is said to have taken place on the frontiers of Ronagna, between the Swiss and Pontcal troops. Italy is very unsettled state.

 The London Times has published document re- ative to the railway interest of that conntfy which has excited much interest and good deal oi alarm. The document exhibits the astounding number of ,263 projected companies, 10 carry out which will require nearly two-ihIrds of the aational debt of EnyIaad Even the deposit of ten per cent will there are 47 railways completed, representing cap itai of 1 70, ,6S0, ,SS7 .a,.s... t..-s-Ht

 In the course of construct there II lines of railway. to complete which, even with the parlia- mentary Iower of narrowing one-thrd on debenture, will absorb fo7, 1859 325-so that the invested cap .,I. alv nf uia nouncements,is aread, the enormous sum of flls,- 6l20lS. But if the old, the new, and the announc- ed andertak ngs added together, with the len per Cent deposit, we have the incredible sum of l649,' sS3, ,790 required for this branch of trade alone The world never witnessed such folly, knafery and mad ness before,

 The Times argues, very properly, that if six mil- lions per annum, which were drawn from the Ordi- nary sources of trade 10 complete the lines which are now finished had tendency derange the cur rency, and cripple the legitimate commerce more or less, the twenty millions per annum, during the next three years, which will be required for the iails now in actual erection and already sanctioned by parlia- ment must, have far more injurious effect aud must press njuriously upon business of every kind while if only one or two hundreds of the specuat lions be added the whole frame work of society stands d chance of being brought 10 dead halt.

 On Thursday week the Bank of England raised the rate of discount to 3a per cent; movement which had d tendency to arrest all farther specula- tion in railway stock and Thursday last il twas believed that the Bank intended to raise the dis- still higher, but The meeting pacsed of without any intimation of the kind. The value of money Is higher m every point of view. On depostes the hro- kers allow three per cent, and money is in demand in Lombard street at 3h to 32 per cent.

 H

 We take the following from late nnmber of the \. Y. Journal of Commerce: . 4leR

 RECALL OF MR. .PAKEEHAk.-The statement copied by us few days since, from the Boston Post, that Mir. Pakenham had been recalled by the