The Sun.
London, England, 1864-11-05 00:00:00

The Italian Parliament.

TURIN, Nov. 4.

It is asserted that contracts for the mortgage of
the crown lands have been concluded with the Credit
Mobilicr in conjunction with some other credit
institutions.

The report of the committee upon the bill for the
transfer of the capital to Florence, brought in by
Signor Mosca in the Chamber of Deputies yester-
day, states that the principal object of the conven-
tion was to put an end to the French occupation of
Rome. The national aspirations would not be
sAtit-fiee by the convention—but it would prepare
the way for their fulfilment by the farce of un-
avoidable circumstances. By the convention the
Italians are constituted the guardians of the prin-
ip!e of non-intervention in reference to Rome.
rhe report rikcts the doubt that that principle
would not be carried out loyally, and states that
for the present the convention may possibly cause
an increse in the expenditure. The transfer of
the capital is an act of home policy, and is the
cause and not the object of the stipulations of the
convention.

The report further states that the committee
have had regard of the different positions of the
contracting Governments, and believe every decla-
ration or principle to be both perilous and useless.
Iu conclusion, the adoption of the bill, as pro•
posed by the Government, is recommended.
TURIN, Nov, 4, Evening.

In to-daVs sitting of the Chamber of Deputies
the Minister of Finance made his statement, aci.
cording to which 200,000,000 lire were required for
the public expenditure to the end of 1864. The
Minister did not intend to propose any fresh loans
until the financial position of Italy had consider-
ably improved, lie announced an immediate re-
duction of 60,000,000 of lire in the public expondi.
ture, 42,000,000 of which will be introduced in the
naval department.
The Minister further stated that still greater
reductions will be effected by means of the funda-
mental laws of the kingdom. To cover the deficit
of 200,000,000 the Minister proposed a bill to come
into force prior to the 25th November, from which
he expects an increase of 40,000,000 of lire in the
proceeds of the tobacco, salt, and other indirect
taxes. The Minister also asks for the approval of
the Chamber to certain contracts in reference to the
crown property, whereby at lead 40 millions will at
once accrue to the Treasury. lie also requested
that the landed property tax, to the amount of 124
millions, payable either in silver or coupons of the
public debt, should be anticipated, and that autho.
risation to issue Treasury bonds to the amount of 36
millions of lire should be granted to him.

Finally, the Minister announced that a bill would
be communicated to the Chambers by which the
King spontaneously renounces three millions of his
civil list. (Gateral applause from all parts of the
house.)
The following bills were brought before the
Chamber of Deputies by the ministry to-day :
A bill for the transfer in the public accounts of
the sum of 1,067,000 lire of rentes to the credit of
the town of Turin, as indemnity for the change of
the capital from there to Florence; for the transfer
of the Court of Cassation from Milan to Turin in
1865; and also one to permit public companies to
establish their head offices in other places besides
the capital.
The Minister of Justice stated that he will with-
draw the bill on ecclesiastical property, and bring
it before the house in another form.

Signor Saila declared that the contract for the
sale of the State railways had been accepted by the
Ministry ; but that it would be difficult imme.
diately to submit the bill to the Chamber for ap-
proval, obstacles having been raised by the con-
tractors, on account of the transfer of the capital.
To-morrow the Chamber will resolve itself into a
committee for the examination of financial bills.