is entirely of live oak, including the floor timbers and the filling-in timbers, which constitute a solid live-oak flooring to the ship, 17 inches deep.

She will be fully rigged as a razee sloop-of-war (about the same as an ordinary frigate), and will have the auxiliary power of two horizontal condensing crosshead engines of 65 inches diameter of cylinder and 36 inches stroke, applied to a propeller of composition of 14 feet 6 inches diameter and 26 feet pitch. The propeller is to be arranged to hoist up when the ship is under full sail. In fact she is intended for a fully rigged and equipped sailing ship, with the addition of efficient steam power, to be used whenever occasion may call for it, thus endeavoring to combine the advantages of steam and sail with the ability to carry a heavy battery on a light draught of water.

The machinery, boilers, and attachments, are being constructed at the Fulton Iron-Works, by Messrs. James Murphy & Co., under the superintendence of Daniel B. Martin, Esq., late Engineer-in-Chief of the Navy. The hull, spars, &c., are under the inspection of Samuel M. Pook, Esq., Constructor at the Washington Navy Yard; and the armament will be arranged and fitted out under the direction of Capt. Stephen C. Rowan, Ordnance Officer of Brooklyn Navy Yard.

After the launch, Mess. Bogert & Westervelt invited about a hundred and fifty guests, ladies and gentlemen, into a long room connected with the yard, to partake of a collation which had been prepared for the occasion. The room had been appropriately decorated with ships' flags and bunting.

Mr. Bogert presided. Seated near him were ex-Mayor Westervelt, Capt. Ward and Lieut. Lambert, U. S. Navy; Chief Engineer Martin and Capt. Simmons; also, Messrs. Maclay and Taylor, members of Congress from New York.

The chairman, after a neat and appropriate speech, read toasts to the President of the United States, the Secretary of the Navy, the cities of New York and Brooklyn, the Navy of the United States, the Merchants and Merchants' Marine of the United States, the Fair Sex, the Press, Mechanics and Mechanic Arts of the City of New York, the U. S. screw steamer Brooklyn. They were responded to, consecutively, by Messrs. Rynders, Swackhamer, Cross, Ward, Cromwell, Steward, Croley, Bryne, and Westervelt. Several volunteer sentiments were also given, and speeches made by Messrs. Delano, Pook, and Cone. Adjoining the main table was another one prepared richly laden with the good things of life, around which were seated the workmen, to whom Mr. Bogert awarded the credit of building the beautiful ship. They rejoiced in the success of their employers, and wished God-speed to the noble vessel just launched, the product of their handywork.

THE WAR IN INDIA.-Late letters received in England from India, dated at Bombay and in the camp of Sir Colin Campbell in May and June, show that the Sepoy rebellion is far from subdued. The British troops suffered to a very fatal extent from the heat of the weather, whilst the insurgents were united, well organized, and daring; although always beaten in the open field, they continued a most desperate guerilla war. Sir Colin Campbell had 48,000 men under his command, of which number an average of ten per cent. were sick or wounded. He would soon want thirty thousand fresh troops,

NEWS FROM AUSTRALIA.-Adelaide and Melbourne have been connected by electric telegraph. A contract had been made for the building of a railway from Melbourne to Sandhurst, at a cost of $16,785,000. The gold produce had increased from the old inines, and new fields had been disco

vered in New Zealand and on the New South Wales side of Murray river.

THE Steamship Granada arrived at New York on the 29th July from San Juan del Norte, bringing very late and interesting news from Nicaragua. Her advices are dated at Granada on the 10th, and at Greytown on the 20th of July. Amongst her passengers is Maximo Jerez, who comes as Minister from the Nicaraguan government to Washington, where he will relieve Senor Yrisarri, who, it is said, has resigned. General Jerez brings the Cass-Yrisarri treaty, modified, and ratified as modified. The principal alterations made in the paper relate to the extension of the time required for the naturalization of foreigners and the landing of United States troops on the Isthmus. It is said that General Jerez possesses extraordinary powers, in order to make the convention acceptable to our government. He is also to complete the Transit route negotiations opened with Mr. Allen, by personal interview with Commodore Vanderbilt, who, it is alleged, will very soon have the route open. The French plan of M. Belly was looked upon as a visionary scheme. Col. Schlessinger was at Managua, claiming that he was the general agent of the Atlantic and Pacific Ship Canal Company, and that President Martinez must hearken to him. Col. Cauty's grant from Costa Rica for the opening of the Serapiqui road is described as very valuable. Fort Castello was well garrisoned by the Nicaraguan go

vernment.