The Sun.
London, England, 1864-07-05 00:00:00

FRANCE.

PARIS, Slily sth,
The Constitutionnel of to-day, in an article
signed by 'AI. Paulin Lanny ran says :

"Independent of the publications in the Morning
Post, and the denials which they have received,
there exists a condition of things which occupies
the public mind and which it is useful to discuss
frankly. The tendencies to oppose a reactionary
policy to modern ideas are under any circumstances
likely to exist."
The Constitutionnel then proceeds to show that
a coalition is impossible, and says :

s' In France the spirit of conquest predominates
no more than the revolutionary spirit, but it is not
the same in other countries. Cin it ba said that
ambition is quite foreign to the war which has re-
commenced ? If a Holy Alliance were really
formed, and it would not be an eery
task, such a
coalition of the past against tho present, and of
Governments against peoples, would only be dan•
gerous to itself."

BOURSE, July 4.—The market has been without
animation, but prices well maintained. Threes,
last quoted at 66t. 15c. Mobilier have improved to
1,0771. 50c. Railway market firm.
The Marko
closed as follows :-
41 per Ceuta. _ 93 90

Italian Loan 7O ,6°
Do. end month 7O n
Ditto Threes -
New Mexican 66 25
Russian........ Austrian
.
Spanish Three ....
Debts.... horns Debt
Deferred
rAlrft.
Cash. As:100111A:
875 --. 877 50
992 60 d:
992 50
887 60 891 25

moni

3 per Cents
Do. end month 66 15

Credit Mobilier
Do. end m0nth....1071 25

Bank Shared

Credit Fancier 1250
Roman

RAIL

Orleans
Northern
Lyons and Mediterranean
Now ditto
Southern
Western
Eastern

C 45

652 50

500 -_
467 50 470 -
366 25 • 356 25
403 75 407 50
536 75 537 50
427 59 430 --
552 60 655
250
.•

Sardinian
Austrian
Lombard ........ • . • •
North of Spain
Saragossa
Ditto to Daroblona

ITALY.
A Turin letter of the lat inst. in the -Mats
says :—" The bill relative to the sale of the State
railways has been presented, as you
are probably
aware. The amount to be paid is 200 millions, It
would be very desirable that this bill and the one
relative to the amalgamation of the Roman and
Tuscan railways should be voted this session. The
public service would gain by it, as
an th
ts°ge in having
visional state of things is an obstacle to any
serious improvement. There is also another
gre
which there would be t adv present pro-
voted this year, although it is one of a less im-
portant kind—that which Would ratify
a contract
entered into with several Italian bankers and
builders for the formation at Genoa
and at Spezzia
of large shipbuilding Yards. The French mese
sageries-lmp e dales
gives to that undertaking the
co-operation of its capital and of its experience;
nevertheless the company is essentially Italian.
If Italy is to become a great power it must evi-
dently be by her
navy, and for that reason the
establishment of a large
building yard was one
of the ideas of Count Cavour. General Cugia
will have the honour of carrying it into effect. I
some time since mentioned to
you the action
which the Prince Crouy-Chanel brought against the
Bake of Modena. The latter refused to admit the
competency of the Italian tribunals and he has suc-
ceeded in gitting his objection allowed. The motive
invoked by the tribunal of Modena is reallyeutious;
it pretends that a Sovereign Prince,
being out of the
pale of the law, has no fixed residence, and that
if he is a foreigner by birth, he remains civilly a
foreigner, even had he reigned for years. The
Prince de Crony, you are aware, has appealed."

,
SPAIN.
M. Pacheco, Spanish Minister of Foreign Affairs,
has just addressed a circular to the diplomatic agents
of Spain, explaining
the sentiments of the Cabinet
of Madrid respecting the conflict with Peru ;
"The Spanish Government formally recognises the
Republic of Peru as a free, independent, and sove-
reign nation; it claims no right of property in the
Clainchtt 15130 s or arty other American territory,

nor has it hesitated a moment to disavow M. M,zir-
redo and Admiral Piezon in se far as they acted
from an error of judgment, and contrary to the in-
tentions of the Spanish Government. But Spain
will not give up the Chincha Islands to the
Commissioner appointed by the Peruvian Go-
vernment to receive them until she shall
have obtained the satisfaction to which she
is entitled. The reparation demanded from Peru
is that the Peruvian Government shall declare itself
altogether unconnected with the attacks directed
against the person of M. Mezarredo, and ready to
punish the parties concerned in them, also that it
shall consent to receive a commissioner charged to
negotiate for justice in the matter of th© murders at
Talambo. To this circumstance is added an abstract
of a report addressed by M. Mezarredo to the Minis-
ter of Foreign Affairs, dated 21st June, which gives
'an account of the dangers to which he was ezpop.aa
by the hostile manifestations e a certain number
of negtoes at Panama. The authorities of the
isthmus remsi,ned passive during the tumult, the
head of the police of Panama having declared
that if he interfered all the negro population would
rise to support the assailants, and that the riot
would then assume formidable proportions. It
may be that the Peruvian Government has already
declared itself a total stranger to these facts, which
moreover did not take place within its territory.
"The Peruvian Ministry," says the .Epoba of
Madrid, " has just been replaced by a Cabinet
favourable to a good understanding with the mother
country. The first act of the new Ministers will
be to send to Spain an ambassador invested with
full powers."

AUSTRIA.
A letter from Vienna, of July 2, says :—ln poli-
tical circ'es it is still much the question of tee recent
doings in Kissingen and Carlsbad. At Kissingen
the two Emperors were much together, and it was
often the question between them of the state of
things in Poland. The Emperor Alexander said
that no Power except Russia, Austria, and Prussia
had a right to meddle with Polish matters; and there
is reason to believe that the Emperor Francis
Joseph spoke in the same sense. The Czar advised
his fellow-sovereign not to press King Christian of
Denmark too hardly, and at the same time sought
to obtain from him a promise that he in the
German Diet would support the claims of the Duke
of Oldenburg to the Duchies. The Russian states-
men and nobles were more reserved than their So-
vereign, and it soon became evident to the Aus-
trians that Prince Gonechekeill's feelings towards
them had undergone no change. The result of the
meeting of the two Emperors was satisfactory,
inasmuch as it served to improve their personal
relations; but there is no reason to believe that
the entente between their Governments is more cor-
dial now than it was a month or six weeks ago
Count Itechberg went to Carlsbad with the inten-
tion of doing all in his power to induce M. von
Bismark to come to terms with Denmark; but,
being weak of purpose, ha allowed himself to be
persuaded to continue the war. It is not likely that
the Prussian Minister obtained from his Austrian
colleagne a promise to support the claims of the
Duke of Oldenburg, but certain it is that the Aus-
:risn Government has ceased to urge the German
Diet to pronounce in favour of his rival, the Duke of
Augustenburg. It is ❑ow proposed to refer the mat-

ter to an "Austregal Court" or to a Federa► Court
of Arbitration, which means that M. von Bismark
wishes the question relative to th© right of succ.:!ssion
to be kept in abeyance for a time. When the Em-
neror Francis Joseph went from this city to Kissin-

gen he was very desirous to put an end to the war
with Denmark, but on his arrival in Carlsbad the
King of Prussia managed to persuade him that his
military honour was at stake, and that it was his
duty es a German Sovereign to inflict further
punishment on the renitent Danes. At Carle-
bad, as at lii-ssingen, it was the question of Poland,
and it has been agreed between the parties to the
partition of that country that no foreign State
shall be allowed to interfere in behalf of the
Poles. No now convention has been entered into
between the three Powers, " because the treaty
concluded at INlttnehengratz in 1832 is still valid.'
The treaty in question has never been published
but it is known to me that by it tl.e Northern
Powers are bound to assist each other in maintain-
ing their political position and influence both at
home and abroad. 117niie the Emperor and Count
Rechberg were at Carlsbad, arrangements were
made for the continuance of the war, but
greatly doubt the correctness of the current report
relative to the approaching occupation of the island
of Funea by the Austrians. It is true that the two
large steamers which the Allies have hired ate Ham-

burg Company aro now lying in the Ko[ding Fiord,
but a well•ii:formed military friend has given me to
understand, that for the moment there is no ques-
tion of an attack being mado on any of the Danish
islands. At Carlsbad M. von Bismark proposed
that the German Confederation‘should be invited to
take part in the war against the common enemy ;
but Count Rechberg replied that the Danish quee.

tion could become even more dangerous than it is
now if the whole of Germany should take the field
against Denmark.
It involved in the war, the Germans would be
difficult to manage, and it is not beyond the bounds
that some of them would turn their arms against
their unrighteous rulers. The great German Powers
being resolved that the Danes shall pay dearly for
their stubbornness, are about to levy contributions
in Jutland. Prince Hohenlohe•lngelfangen is to act
as Prussian commissary in that province, and he hes
been instructed to get es ranch as he can out of its
unfortunate innabitttnte. When first Russia ceded
her claims on the Duchies to o.denburg, the King
of Prussia loudly spoke in favour of the Duke of
Augnstenburg, " but he was soon brought to reason
by M, von Bismark, who now completely rules his
Royal Master." The perton to whom I am in-
bted for the information contained in the last
sentence of the foregoing paragraph is one of
the leaders of the reactionary party in Austria,
and he very candidly told me that he and all
fte men cf his opinions greatly admired M.
von Bismark, " whose energy and statesmanship
are on a par." The gentleman in question said

that Count Rechbeek had just the same political
instincts as M. von Bismark, but that he had not
the moral courage openly to display them. "We
live in the hope," said rdy very candid interlocutor,
" that M. von Bismark will soon put an end to the
constitutional regime in Prussia, and that the other
German Ministers will imitate his example." Such
a reactionary wind is blowing here just nhw, that
M. von Schmerling is denounced es a "Progres-
sist,' but he hardly has more claim to that title
than had his predecessors, Count Goluchowski
and Baron Bach. The Constitution of his framing
is stilt extant; but hither it has led to no good,
as the lieges have the disadvantages of a constitu-
tional form of Government without its advantages.
The new State machinery is very complicated and
enormously expensive, but I am unable to perceive
that it works better than that which has been set
aside. When first the Reichsrath met it was hoped
and believed that it would steadfastly uphold ttie
rights of the people; but during the last session it
became evident to all that the elect of the German
part of the Austrian ration were content to follow
the load given by the Minister of State. In former
times it was no easy matter to get an Austrian
order, but during the last few years they have
been plentiful as blackberries. There are now
in the Reichsrath many supporters of the Go-
vernment who obtained the bit of riband which
they wear in the buttonhole of their coat by sacri-
ficing the political opinions which they originally
entertained, or rather professed to entertain, The
order usually given to such worthies is that of the
Iron Crown, Since it has become known to the
public that the paltry sum of 1,500,000 florins is to
be raised by means of lottery tickets at 10 florins
great depression has been felt, as there is a preset].
timent that the finances of the empire are going to
the bad. M. von Plener was opposed to the mea-
sure, but he was overruled by his colleagues, as they
wished to make themselves agreeable to the Em.
peror,who is desirous that the hospital named after
the Crown Prince, his son, shall be speedily finished.
The statesman who brought forward and carried, a
measure which has done incalcuable injury to the
credit of Austria i 3 M. von Lasser, thiOliuieter
A.ticaillititratic.:2 or of the interior,

LAW INTELLIGENCE—(This Day).

COURT OF BANKRUPTCY.

Mr. Commissioner Hoiroycl was the sitting commissioner,
and was occupied during the greater part of the day in hear-
ing private applications in the corn missioners'-room. Tie
cases in court were nest of the slightest interest.

POLICE INTELLIGENCE—This Day,

IiIARLBOROUGH STREET.

A SOLDIER CHARGED WITH BEING IN UNLAWFUL
POSSESSION OF A WATCH AND CHAIN OF THE VALUE
Or I.OO3—SINGULAR CASE.—Joseph Hood, a private of
the Grenadier Guards, St George's Barracks, was charged
before Mr Tyrwhitt, by Inspector Richard Tanner, of the
Detective Department, Scotland-yard, with being in pos-
session of a geld watch ,:nd chain of the value of £lOO.

Inspector Tanner said that, in consequence of a commu-
nication from Colonel Bruce he went to St George's Bar-
racks, and the prisoner was brought before him. He told
the poisoner that he was a police utricer, and asked him if
he had any objection to tell him where he got the watch
and chain wt,ich he produced. The prisoner said,
" Yesterday afternoon I was outside the barrack gate, and
I saw, a ,gentletuan there, and he as"i,eci me to have some-
thing to drink, and I had some rum with hifu, and he took
me to his house, and he then made me a present of the
watch and chain." The watch and chain were gold; of the
value of £lOO, and the prisoner said he did not know where
the gentleman lived. On the prisoner being taken to the
station he repeated the statement 11. e had previously made
to him,

Sergeant David Fullerton, the sergeant of the prisoner's
company, stated that seeing the prisoner in possession of
the watch and chain, and hearing his account of how he
became possessed of them, he communicated with Col.
Bruce, and information was given to the police.
Mr Tyrwhitt inquired if it was known who the watch
belonged to, and the inspector said it was the property of
Count Waldstein, who resided in Mount-street, Grosvenor-
square. He saw Count Waldstein last night, and he was
too ill to attend. His statement was that he was robbed of
the watch and chain in a broil with some soldiers in a
street at the back of the Nat °nal Gallery, Trafalgar-square
(Hemming's-row).

Mr Tyrwhitt said he should remand the prisoner for a
week, bat would take bail for him.

Inspector Tanner said he was informed the prisoner's
time of service had nearly expired.

It was stated in court that for some reason it was not ex-
pected the Count would attend.

IVES MINSTER.

EFFECT° OP TfiE REVlEW.—Charles Lewis, an interpre-
ter of languages, was charged before Mr Selfe with being
drunk and riotous in Princes-street. Westminster.
Police-sergeant Buckley, B 17, stated that about five
o'clock yesterday afternoon he heard an uproar in Princes-
street, when on going there he found the prisoner, who
was surrounded by several parsons. He was bleeding from
the nose and eye. As he was the worse for liquor, and was
very noisy, witness tried to induce hin to go home, and said
that he would assist his wife to take him home. He got as
far as the broad Sanctuary, when he said he would not go
any further. Witness was then obliged to go to the hospital
for a s'reteher.

Mr Safe (to the prieoner)—What do you eay to being
drunk ?

Prisoner—l went to the Review with some friends and
had a few glasses to drink, which must have overcome me.
Had I not have been interfered with I should have gone
home very Tale(ly, but I was knocked down. I should like
to know who knocked me down.

Mr Selfe—Oh no. It was the ale which knocked you
down. You have been here before ; you are an excitable
man when sober, but when you have got a glass or two to
drink you are much worn°. I must fine you.
The prisoner was fined 10s., or in default 7 days.