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Later from Europe.
Arrival of the Canada.

New York, Nov. 13.
--The steamship Canada, from Liverpool on the 3d, has arrived.

The Daily News publishes the text of Lord John Russell's dispatch to the British Minister at Turin. It says, the great questions which appear to the British Government to be at issue there are, were the people of Italy justified in asking assistance from the King of Sardinia to relieve there from a government with which they were discontented? was the King right in furnishing them assistance — Ford Russell says his government don't feel justified in declaring for the people of Southern Italy, nor are there good reasons for throwing off their allegiance.

Capes was attacked on the 1st, and capitulated the following day. Naples was illuminated and there were great rejoicing.

Victor Emanuel had crossed the Gagliano.


Commercial.

Liverpool.Saturday.--The Cotton market is active and buoyant, with a large speculative inquiry, closing ¼ @ ½ higher than Friday's prices, in consequence of the letters received by the steamer Vanderbilt the market is excited.-- firm and unchanged Provisions quiet. Bullion in the Bank largely decreased. Money unchanged. Sales of Cotton, Saturday, variously estimated at from 25,000 to 49,000 bales.

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