The Sun.
London, England, 1852-03-18 00:00:00

boasted of the outrage for which he could no longer
be responsible, we must acknowledge the necessity
of a change.
In calling for a Committee of Inquiry, rather than
introducing measures under the Ministerial sanction,
the Irish ATTORNEY-GENERAL has acted fairly
and consistently. It is, of all others, a
matter in which the Government for the
time being should share the responsibility with a
judiciously selected Committee, and tie are quite
convinced that the subject has not been thus referred
for the purpose of being shelved, as was too fre-
quently the habit of the Whig Ministry, but that it
is intended to have a really searching inquiry, and to
bring forward measures calculated to carry the sug-
gestions of the Committee into practical execution.

THE FRENCH REPUBLIC.

We have received the Paris journals of yesterday,

The Moniteur publishes a decree for the re-organi-
zition of the order of the L'gion of Honour. The
members are to swear fidelity to the PRESIDENT of
the Republic.

The Constitutionncl announces that the budget of
1852 will be published in the Moniteur of to. day
(Thursday). It states that the salaries of the "high
functionaries of state, such as ministers,i bishops (sic),
ambassadors, magistrates, and prefects, will he found
raised to what they had been before the reductions
made by the Provisional Government. Ministers are
to have 100,000 f. a-year. The Minister of War and
the Minister for Foreign Affairs will be allowed
130,0001. a-year. Chief judges and procureurs
generaux, from 20,000 f. to 15,0001. The President
of the Cour de Cassation and Procureur-General,
30,000 f." The same journal contains an article in
justification of the Orleans confiscation decrees. The
signature thereto is that of GRANIER DE CASSAGNAC,
formerly editor of the Epoque, Ministeral organ of M.
DUCHATEL, and ultra-devoted partisan of the Orleans
family.

The Bishop of ORLEANS has declined the functions
of member of the Superior Council of Instruction.
The election of M. CARNOT, the opposition candi-
date for Paris, is denounced by the Pays as a Socialist
manifestation, showing that the party is not yet put
down and would, on the least encouragement being
given, raise its bead. The Sieele, on the contrary,
claims for the bourgeoisie the merit of the victory :
" A few Republicans in the Corps Legislatif would
not have signified anything one way or the other.
We only desired that France and Europe should
know the actual opinions of the capital, and that the
tree manifestations of these opinions by enlightening
the Government might induce it to give up a system
of severities which is not in accordance with our
times, and to replace it by measures of conciliation
and pacification." Adding, in the words of Scrip-
ture, " man does not live by bread alone," but re.
quires such satisfaction of his moral wants as liberty
alone can give. _ .

Count WALzwsKr, the French Ambassador to the
Court of England, whose recent arrival in Paris gave
rise to some absurd speculations in an English
journal, was to leave yesterday to return to his post.
The mortal remains of Marshal MAEMONT are, sap
the Presse, to be brought to France, and deposited in
a vault which he caused to be prepared in the Church
of S Vorles, at Chatillon-sur-Seine, the village in
which he was born.

The election for Lyons has been again adjourned.
The Government candidate had been returned for
tooff the
the
Nantes. The opposition candidate was in the majo-
rity at Lisle. The Government candidate is in the
majority at Arras.
FiTvehpeepr Cebeuntiss. againl It
dwells attacks
strongly
nt the conversion
onh
t ef
ac
division of the Routes amongst very small holders,
for if the million who bold this stock, Five per Cent.,
ventures to say that upwards of eight-tenths (indeed,
it says nearly 900,000) receive only 500 f. or less. As
a consequence it argues that a panic must follow,
calculated to shake public credit. Another argument
is that a fall of af. or 4'. would compromise the ope-
ration, and it would not require a very extraordinary
event in the present state or the public mind to bring
down the Funds below par. Then, as regards the
saving to the country, it contends that it cannot be
so great, because hospitals, public establishments, and
communes or towns, have investments in stock, and
their incomes must be made up in some other way.
To this add Eecessary diminution of private expendi-
ture, and what will the state gain ? Conversion might,
it concludes, have been effected under the monarchy,
when the Five per Cents. were at 125 f., and
the Four-and-a-Half per Cents. at 106 F., but at pre-
sent it considers the measure totally unjustifiable.
Oa the other hand the Constitutionnel says, that al-
though a distinct office has been opened for receiving
applications for rernboursement, not a single demand
has yet been made. The Assemblee Nationale states,
that the hospitals and other charitable institutions
are preparing petitions against the reduction of in-
come, which must follow the conversion of the Five
per Cents,

- On the English newspapers there is now an in-
creased postage charge (12c,), but they do arrive in
Paris as usual in due course ; so that the notion that
they would be prohibited turns out to be erroneous,
people having been misled by the wording of the de-
cree on the press, which, with respect to foreign
journals, read rather ambiguously.
The Bourse was heavy, except for railway shares,
which all rose. The Five per Cents. opened at 100 f.
50c., fell to 100 f. 10e., rose subsequently to 100 f. 60c,,
end closed at li Of. 55c. for the end of the month; the
Four-and-a-Half per Cents., closed at 100 f. 75c.; the
Three per Cents. closed at 69f. 95c.; Orleans Railway
Shlres, 1,1901.; Rouen, 707 f. 50c.; Havre, 2771. 50c.;
Great Northern, 647 f. 50c.; Avignon, 2621. 50c.; Vier-
-5651.; Bisle, 232 f 50c.; Bordeaux, 5651.; Paris and
Strasburg, 5501.; Tours and Nantes, 3421. 50c; Paris
and L>ons, 600 f.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, MARCII 17.
Boulogne and Amiens, 12%—Dutch Rhenish. 414,—Great
Indian Peninsula, 43/4—Ltixembourg, 314—Namur and Liege,
Rl—Northern of France, 21,,4 —Orleans and Bordeaux, 123 e
—Paris and Strasbourg, 21%—Rouen and Havre, 10,4
Tours and Nantes, 10%.