The Sun.
London, England, 1855-08-29 00:00:00

THE NEW LOAN.

The Moniteur of yesterday publishes the follow.
ing on the subject of the loan of 750 millions:—
" The delivery of provisional certificates and the resti
tution of the reimbursable capital were commenced on
Tuesday last in Paris and in the departments, and are
going on with great activity. It has been said, and
somejournals have appeared to give credit to the state-
ment, that the Treasury wished to retain, by way of an-
ticipated payments, the whole of the 10th part originally
deposited by the subscribers of I,ooofr. of rente and
under. We must protest against this idea, which is
completely erroneous, and which is besides contra-
dicted by the most formal ministerial instructions
and by facts. The subscribers of I,ooofr. of rente
and under receive exactly, like all other subscribers,
the loan certificates and the sums which, according
to the reduction, are due to them, with one difference
only, which is the inevitable consequence of the par-
ticular nature of their right. For the non-reduceable
subscriptions of 50f. of rente and under, which cannot
give rise to any restitution, and for the subscriptions
above I,ooof. of rente, which have not the faculty of
discount, the liquidation founded on an invariable basis,
:was able to be prepared beforehand with exactness,
'and thus the reimbursement of the sums can be
effectedinto the hands of the parties, at the very mo-
ment when they present themselves at the offices.
But the subscribers of from 60f. to I,ooof. of rente
are differently situated. According to the terms of
the Ministerial decree of the 14th July last, they
have the indubitable right either of taking back the
sum which is due to them, or of leaving it by way of an-
ticipated payment, and taking advantage of the interest
being from the day of deposit. It was, therefore, impos-
sible with regard to them to proceed with certainty
until their decision was known. As it would have been
materially impossible, when they presented themselves
with the intention of being reimbursed, to effect at the
moment both the repayment and the delivery of the
certificate, their intention on the subject was noted
down, and they had to call on the following day to
receive their certificate and their money. Such is
the simple and regular mode of proceeding which
was prescribed by Ministerial instructions, and
ivhich has been followed from the first day. It
might readily be conceived, that, in this im-
mense operation of the liquidation of the loan, which
for Paris alone comprises more than 80,000 persons, the
declarations above mentioned might have led to some
misunderstandings. Fifteen letters of remonstrance
have been addressed direct to the Minister of Finance
on the subject, who immediately attended to them, and
prevented a recurrence of similar difficulties by causing
to be affixed, both on the outside and inside of the build-
ing, a notice repealing the conditions of the loan, and
rights of the public. The general progress of the matter
is very rapid. At the end of the 25th the capital actually
reimbursed from the central office amounted to
162,821,460 fr., and the Treasury had only 43 millions
more to return, to be completely released from the de-
mands of the Paris subscribers of all categories."

ALL THE DECENCY.—The following is from the In-
dianapolis Republican, the regular Know-nothing organ,
whose editor is a Method;st preacher :—" Short dresses
begin to prevail on Washington-street. They are not
bad to look at, nor are what they develope.' It is so
long since fashion let daylight upon ladies' ankles that
it is a sort of godsend." Take a seat on the kerbstone
for half a day and see.