The Sun.
London, England, 1852-04-01 00:00:00

THE FREACH REPUBLIC.

We have received the Paris journals of yesterday.
The Moniteur contains only a few lines of the pro-
ceedings in the Si-nate and Legislative Corps )e,terday.
The S nate has elected General REGNAULT DE ST. JEAN
D'ANOELY and the Duke DE CABIRACERES its tetr( us,. it
The papers confirm the news of the refusal of the
PIPE to ailow the Prince DE CANINO to approach Rome.
The Aseemblie Nationale contains an observation on
the speech of the PRINCE-PRESIDENT which is not un-
worthy of attention, as coming from the organ of M.
GuiaoT and the Fusionists. It asks—

" Will the new power which has just established itself
remain within the conditions which it has marked out for
itself, We may be permitted to think, after having read
the speech of the President, and without in the least calling
in question the sincerity of the personal sentiments ex-
pressed by him, that the ' Empire is near' It is formally
indicated—it is even declared necessary, if certain eventu-
alities arise. And to say out our whole mind, we will add
that it appears to us so inevitably involved in the force of cir-
cumstances, that it would have been better to have pro-
claimed it now than to have exhibited it as a sort of punish-
ment held in reserve against the underhand intrigues of
parties."
In the same article we find the following well-toned
and loyal observations:—
" Vague feelings of uneasiness exist in Europe. It is with
a kind of anxiety that the acts and the words of the chief
of the French Government are watched. The name which
he bears, the re-appearance of the eagle on our standard,
the expectation of the proclamation of the Empire,— all these
causes have spread apprehensions abroad, which we doubt
not will be calmed by the speech which has just been de-
livered. A conflict in Europe would be for every one a ter-
rible adventure, and it would open for France a series of
events which we will not prognosticate. Peace is necessary
for all the world. It is that which Prince Louis Napoleon
admits by the concluding words of his speech, when he ex-
presses the hope of securing internal order in a manner to
assure the happiness of our country and the repose of Europe.
If we really enter on ah epoch of social consolidation we
shall be the first to rejoice at it. We desire that the
institutiens which the nineteenth century has in-
augurated should be loyally tried, and all their
good qualities tested. This trial depends more particu-
larly on the attitude of the Senate and of the Legislative
body. While lending to the Government which has created
them a firm co-operation, they owe it no less the frankness
of their sentiments and of their counsels. The President, it
must be admmitted, appears himself to invite them to it by
the words in which he proclaimed that the Constitution was
about to be carried into effect. Of the two shoals which he
pointed out in the past—that of excess of despotism and ex-
cess of Parliamentary regime—it is not the latter which is
now to be feared. Since the Chief of the State wishes that
the bodies which he has created should enjoy great influence
and a high consideration, it is for them to merit that in-
fluence and that consideration by an enlightened and real In-
dependence.'
The Legitimatist Union, while manifestly cherishing
visionary prospects of a Baurbon restoration, does not
withhold is approval of the sentiments of the Presi-
dential oration. The language of Lours NAPOLEON."
says the Union, "breathes calmness and reflection. He
it—ah
has aptporoeacibas.oeldutetheexEermcpisie ofreas history itself judges of
en-
gagement not to allow himselfptoowe.
led away
ais a sool'
imitate
ber leit. It is true that this resolution is subject to a re-
striction expressed by comminatory reasons." Here
the Union quotes the pasiages of the speech in which
the PRESIDENT declares the only causes which would
lead him to make an appeal to the people
for a higher title, and continuos : w
—" We are
pleased to think that these difieulties are not
very probable, and besides it would still be
the people who would be called on to pronounce on the
necessity of a new transformation
of power. We do
not believe in underhand proceedings of parties, be-
cause we are convinced that they would be without efii.
cucy, without power, and without result. BeAdea, the
parties are better acquainted than is imagined with
the necessities which ought to restrain them. They
know that a new power is strengthened by imprudent
aggressions, by conspiracies, or by cabals. Govern-
ments, whatever may be their origin, have never fallen
under such attacks. It is only when public opinion
reacts against the faults which they commit that they
see themselves totter on their base, and then, and
only then, the slightest puff is sufficient to overthrow
them. What is the greatest interest of the old mo-
narchical parties? It assuredly is to preserve so-
ciety, to strengthen order, to defend and cause the
triumph of the great social virtues. Unassailable on
this ground, it is their duty to resolutely maintain
themselves on it, without allowing themselves to be led
away in senseless enterprises. Confident in the senti-
ments of France, they ought to study her wants, pro-
mote her interests, and offer up vows for her liberty,
her glory, and her repose. In remaining unflinchingly
faithful to their convictions and to their principles, in
showing themselves united with all right-thinking men
for all which can save our common country, they may
repeat the words which Louse NAPOLEON did in 1850,
GOD will do the rest.' "
M. EMILE DE GIRARLIN, who has lren allowed to
return to Paris, has resumed his editorial pen in the
Prease. After showing the difficulties to be encountered
by a journalist, he nevertheless concludes that he may
without danger enter on his renewed enterprise; for as
conspiracy could only serve the pui poses of a monarchi-
cal restoration, to which he is opposed, he will faithfully
serve a Republic that, resting on the basis of universal
suffrage, must lead to future liberty.
We read in the Constitutionnel :—" The three railway
companies which have formed a fusion with the Orleans
Company, have come to the arrangement on the follow-
ing conditions :—The shareholders of the Centre Rail-
way will receive one Orleans share in exchange for two
of their shares completely paid up; those of the Bor-
deaux line, one Orleans share in exchange for three
of their shares on which 2751. have been paid; those
of the Nantes line will receive one Orleans share
in exchange for four of their shares on which 425 f. have
been paid. These exchanges will nczessitite an issue of
96,333 new Orleans shares, and will carry up the num-
ber to 176,333. The shc:eholders of the Bordeaux and
Nantes will have no other call to pay, and the Orleens
Company takes on itself to complete the works on these
two lines by means of a loan at 4 per cent., which it
calculates on being able to negotiate at par."
We are assured," says the Patrie, " that two en-
voys extraordinary, charged by the Governments of
France and England with a special combined mission,
are about to visit Brazil and La Plata. The object of
this mission, in which the envoys will act in concert, is
to open to the commerce of the world the River La
Plata, and its tributary streams, Parana and Uruguay."
The Dibats says :—" A conference is about to be
held in London, composed of the representatives of the
five great Powers and of Sweden, in order to regulate
definitively the question of the Danish succession, A
convention to that effect will be signed, it is supposed,
in the course of next month. The Duke of Augusten-
burg is to be called on to accept or refuse, within a
specified period, the offers of a very advantageous in-
demnity which have been made to him by the King of
Denmark. All the Powers, even Prussia, engage the
Duke of Augustenburg to accept."
PARIS BOURSE, Kitten 31.
The market has been rather heavy today. Stock has
been offered, and pm ices at the close were quoted lower
than yesterday; Threes for the coconut at 71f., and
Fives at 1001. 25c. The market closed as follows:—
Threes, for cash, 70f. 90c.; for account, 711.; Fives, for
cash, 100 f. 30e.; for account, 100 f. 25c.; Four-and-a-
Half, 101 f. 25c.; Spanish Threes, 441. 50e.; Neapolitan
not quoted.
RAILWAYS,—RaiIway Shares have been also offered
freely, the necessities of the settlement requiring
many who had lately been heavy buyers to sell.
Prices at the close were generally quoted lower.
Orleans closed at 1,135 E; Rouen, 710 e • Avignon, 265 f.:
Vierzon, 5381. 75c.; Bale, 230 f.; Bordeaux, 5701.;
Paris and Strasburg, 548 f 75c.; Paris and Lyons,
6001.; Nantes, 332 i. 50e ; Dieppe, 2301.; Monte-
reau, 165 f.; Northern, 646F.25c.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, MARCH 31.
Boulogne and Amiens, 131./4—Charleroi and Erquelines, 14
—Dutch Rhenish, 4% —Lixembourg, 41,(4—Orleans and
Bordeaux, 131r8—Rouen and Havre,, 11
France, 7. 1/2—Western of

SPAIN.
Our Madrid advices are to the 26th ult.
The Herald() of that day announced positively that
Lord DERBY hid deelillni to accept Lord HoWDEN's
proffered resignation. The English Ministry, if,
wid not require his Lordship's proxy in the House of
affairs the present Cabinet is in accord with the
Lords on questions of horne.l Polley, and respecting fu-
reignNoble Lord,

A rumour had (according to the Epoca) gained
ground that the QUEEN was again in r a interesting
actuation.

MADRID BOLSA, MARCH 26._Three per Cents., 39i;
Exchange on London, 50 80.

GERMANY.
The Wanderer states that the postal treaty be-
tween England and Austria has been extended to the
whole of the Austrian dominions. The postage of
letters between England and Austria and the whole
of Germany is now greatly diminished.
The Russian GRAND Dultz left 'Vienna on the 27th
ult. for Munich.

Berlin, between MM. BISMARE 1/4SCHOENHADSEN *Dd DE
On the 25th ult. a hostile
VINCE, in constAuluce of the words that lately passed
meeting took place, at
between them in the Chamber. The duel was fought
with pistols, at twelve paces
distance; each party fired
at the same time, but without effect, when a reconcila-
tion took pine, and they shook hands, scd afterwards
dined together.
The Gazette de Voss states that the Constitution for
Electoral Hesse will shortly he made public, and that
the new States will be summoned. It is thought the
state of siege will not be raised till five or six weeks
after the Constitution is promulgated.
The Klng of Prussia arrived at Mrs on the 25th from
Potsdam. On passing
through Magdeburgh he was re-
ceived at the rail Aay station by
the civil and military
authorities. The communal council, headed by the bur-
g.)master, also paid their respects to his Majesty, who
received them very graciously, but at the same time
stated in very energetic terms that there were many par-
ticularities connected with their town which did not all
meete
an i in passing through
the town was hailed with enthusiastic cheers by the
cedhi with ivthiew salvoss On
of artillery, reaching Mars the King was re-
inhabitants. Deputations from the surrounding eem-
ivmules were in waiting
t 9 present their homage.
The King reviewed the troops of the garrison, and itis.-
Prince Frederick
br• ass of the reeipitta ', 0 h the young
his lujo,ity lea for Cr4cld,
A letter horn Hanover in a
to proceed to Gutersloh.
trihmed several rutdak, which were attached to the
William. In the evening
Vienna journal states
that all the journals agreed in declaring that the meet-
ing of the plenipotentiaries concerning the German fleet
bad failed completely, in consequence of the Cabinets