The Sun.
London, England, 1852-03-23 00:00:00

N,

LON DON,

colleagues to enjoy the salaries and the patronage of
office during the long vacation. It is quite mani-
fest that nothing of real utility will be effected
during the autumn session. The Ministers may be dis-
placed and others appointed in their place, but
no great progress can be made in the way of useful
reforms in the months of August or September. We
do not believe that the great principle of free trade
was ever in the slightest danger, or that there is any
prospect of the Ministers ever bringing forward any
measure for re-imposing a tax on corn. On the con-
trary, that they will feel that the policy
of 1846, as well as that of 1848, cannot be reversed.
But were it otherwise, and that the battle was indeed
to be fought de novo, the course pursued of forcing on
the conflict could only be injurious to the good
cause. It was for that reason that we deprecated it
when first ascertained, and that we now rejoice that
a wiser policy is to be pursued, by which each party
may bid for public support by showing the nature
and extent of the benefits they are willing to confer
upon the country.

THE FRENCH REPUBLIC.

We have received the Paris journals of yesterday.
The Council General of the Bank of France has
advanced the credit on French public securities to a

hundred millions.
The Comtesse DU CAYLA has just died, aged 70.
This lady, who was remarkable for her beauty, it
may be recollected, enjoyed considerable influence
during the reign of Louis XVIII.
M. JANVIER, Councillor of State, Member of the
Section of Legislation, was struck with apoplexy
during the sitting on Friday. Yesterday little hope
was entertained that his life would be spared.
M. EMILE DE GIEARDIN has returned to Paris.
The Patric states that several ex•representatives,
who quitted Franco voluntarily after the coup d'itat,
have just returned. It adds that three ex-represen-
tatives of the Mountain have applied for letters of

naturalization in the United States.
The Aloniteur contains the following account of
the distribution of the new medals yesterday by
LOUIS NAPOLEON : .

"The President of the Republic yesterday passed in
review, in the court of the Tuileries, the Ist brigade of
the Ist division of the army of Paris, amounting to
about 6,000 men, and composed of the 3d and Bth bat-
talions of the Chasseurs of Vincennes, a company of
Engineer?, the 15th Light Infantry, and the 72d Regi-
ment of the line. Outside the iron railing, on the Place
du Carrousel, two batteries of Artillery, and the Ist
and 7th Regiments of Lancers were drawn up in three
lines. The crewd was kept back by a party of the mounted
Municipal Guard. At twelve o'clock the President ar-
rived from the Elys63, in an open carriage. He
alighted at the Pavilion do I'Horloge, and immediately
mounted his horse. He was accompanied by Marshal
Excelraans, Grand Chancellor of the Legion of Honour;
the Minister of War; Generals Magnan, Canrobert,
Roguet, and Renault; his orderly officers, and a brilliant
staff of field officer?. Amongst the persons in his suite
were to be seen au officer of the Body Guards of the
King of Prussia, in white uniform and silver helmet,
and an officer of the Horse Guards of England, in
scarlet. The President then passed through all the
ranks, in the midst of military music, and the
acclamations of the troops. He afterwards returned
to the Court of the Tuileries, and alighting from his
horse, prepared, hia„,etaff forming a circle round
him, to distribute a number of crosses of the Legion
of Honour, and medals, giving a right to a pension
for life of 100 f. The Prince himself wore on
the occasion one of the medals in question. After the
drums had beaten a salute the men who were to receive
the crosses and medals were called forward, being two
per regiment for the former and five per regiment for
the latter. The President then addressed, in the follow-
ing terms, the men thus summoned before him :
" Soldiers! in giving for the first time this medal, I
am anxious to explain to you the object for which I
have instituted it. When any one perceives, like me,
how much devotedness, abnegation, and patriotism are to
be found in the ranks of the army, a feeling of regret
arises in his mind that the Government has at its disposal
such scanty means of acknowledging so great trials,
and rewarding such marked services. The admir-
able institution of the Legion of Honour would lose its
prestige were it not restricted within certain limits.
Yet, how often have I regretted to see soldiers and
officers return to their homes without a recompense, al-
though by their length of service, their wounds, and
by actions worthy of eulogium, they had merited a
testimony of satisfaction from their country. It is in
order to accord them such a mark of approbation that I
have instituted this medal. It may be given to such
persons as have re-engaged themselves in the army,
after having previously conducted themselves well;
also to those who have made four campaigns; or to such
as have teen wounded or specially named in the orders
of the day of the army. It ensures to them an annuity
of 1001. for life. That sum is undoubtedly but small; but
what is great is the ribbon which you will wear on your
breast, and which will signify to your comrades, your
families, and your fellow citizens that he who wears it is
a brave man. This medal will not prevent you from
pretending to the cross of the Legion of Honour, should
you be worthy of receiving it. On the contrary, it will
be as a first step towards obtaining the cross, since it will
in advance point you out to the attention of your supe-
riors. You are not to receive at the same time two pe-
cuniary allocations, but you will be able to wear at the
same time the two decorations, in the same way as a
non .commissioned officer, corporal, or soldier to whom
the cross of the Legion of Honour has been accorded,
may also, if he again happens to signalise himself, receive
the medal. Soldiers, this distinction, I repeat, is but a tri-
fling matter for the immense services which, both here
and in Africa, you render to France; but receive it as an
encouragement to maintain intact that high military feel-
ing which does you so much honour. Wear it as a
proof of my solicitude for your interests, and of my
affection for that great military family of which I am
proud to bo the head, because you are its glorious chil-
dren.' This address was received with loud applause by
the persons standing near. The President then distri-
buted the crosses and medals to the men designated to
receive them, and, again mounting his horse, ordered
the troops to file off before him, whioh was done with
the greatest precision, and amidst loud shouts of Viva
Napoleon!' The Prince then returned to the Elysie on
horseback, surrounded by his brilliant staff, and was
greeted along his passage with every mark of sympathy
and respect."
Preparations have been commenced in the Salle des
Mareohaux at the Tuileries for the ceremony previous
to the opening of the session of the Senate and the
Corps Legislatif, on the 29th.
Government Securities were firm at the Bourse, with
an advance on the prices of Saturday. Railway Shares
were feeble towards the close of business. The Five per
Cents. opened at 100 f. 20c., and closed at 100 f. 25c. for
the end of the month; the Three per Cents. closed at
70f. 50c.; Four-and-a-Half per Cents., 101 f.; Orleans
Railway Shares, 1,180 f.; Rouen, 707 f. 50c.; Havre,
2851.; Great Northern, 653 f. 759.; Avignon, 2751. 25c.;
Vierzon, 5701.; Basle, 231 f. 25c.; Bordeaux, 563 f. 750.;
Paris and Strasburg, 553 f. 75c.; Tours and Nantes,
347 f. 50e.; Paris and Lyons, 608 f. 750.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, MARCH 22.
Boulogne and Amiens, 13—Dutch Rhenish, 4%—East
Indian, 21—Luxembourg, 3X—Namur and Liege, 63fi.....
Northern of France, 21%—Orleans and Bordeaux, 13%—
Paris and Lyons, 10—Paris and Rouen, 27%—Rouen and
• Havre, 11 4—Sambre and Meuse, 43—Tours and Nantes, 11.
Lind I

SPAIN.

We have received the Madrid journals of the 17th,
....

The Gazette publishes the following account of the
floating debt of the Spanish Treasury up to the 1s
instant :

Reale.
On th© Ist February it amounted to ... 289,564,334
The negotiation of Treasury Bonds in
February amounted to ... ...
Advances by the Bank ...

102,480,300.

... 20,471,063

412,515,697

... 110,681,614

Deduct the reimburaementa of Bonds due
in February ~.

Total ... ... 301,834,083
Or rather more than 100 millions of francs.
The Heraldo announces that the prosecution of
that journal by the Government for the recovery of
fines to the amount of 125,000 reals (38,0001.), had
come on for trial, and terminated in an acquittal.
The tribunal before which the Herald° was tried con-
sisted of six judges without a jury.
The Clamor Publico mentions a rumour from Fi-
gueras and Gerona, that a Carlist invasion was ex.
petted in the vicinity of Lamperdon.
MADRID BOMA, MARC!' 17.—The Three per
Cents., 39 ; Exchange on London, 50 70.

GERMANY.
A letter from Frankfort, in the Cologne Gazelle
of the 20th, states that the Earl of DERBY has i▪
n-
structed his Ambassadors in the different German
States to give satisfactory assurances as to the course
that he intends to adopt with respect to forei▪
gn
political refugees in England.
The Second Chamber of Prussia, in its sitting of
the 18th, adopted almost unanimously the additional
convention to the treaty of commerce of the let Sep-
tember, 1844, with Belgium.
The official journal, the Austrian Observer, of the
16th says—" For some time past the foreign journals,
and particularly the English, have stated that the
Austrian Government had adopted severe measures
techtsaas
against British subjects travelling in the states of the
ov
empire. These assertions are false. The Austrian
cenoortdcineagsetdo
the
ar an
regulations instant h
t to treatat
British Ger nmsuebnj
it
adopts towards foreigners in general."
The grand review
_given by the Emperor of AIN•
TWA, in honour of. the Grand Dukes MICHAEL and
NICHOLAS of Russia, took place at Vienna on the
15th. The two Grand Dukes wore the uniform
of the 9th Austrian Hussars and the 21st
regiment of the Austrian line, of which the EMPEROR
made them colonels the day before. There were on
the ground 32 squadrons of cavalry, 25 battalions of
infantry, and 10 batteries of artillery, and their ap-
pearance was very fine.