The Sun.
London, England, 1852-01-05 00:00:00

Triumvirate—to the credit of humanity be it Western Ireland. We 'wo uld, however, invite
said never applied to the nation for its I attention to an article which we have
sanction of their system of atrocities— and the Reign extracted from an e.stet Ailed and talented
of Terror was the misfortune of France while it was contemporary, the Bankers' Magazine, and which
the, infamy of those three men, COUTHON, ST. JUST, will be found in another part of this day's impression.
and ROBESPIERRE. So also, as the result of a poll- On all connected with the ;,na-estment of capital our
tical intrigue, is the formal approval of the community contemporary is a high authority, and therefore its testi-
found wanting in the instance of the Directory. The mony in favour of the new c•empany is peculiarly valu-
Consulate, born out of the daring movement of the able. There is only one point on which we do not
at the
quite
18th Brumaire, received, it is true, subsequently, the agree with our contemporary. It suggests th
sanction, or rather we should say, the applause;of the company should in the first instance restrict itself to
very numerous votes accorded to its illustrious chief- the " obtaining land," leaving out for the
tain by the electors among the French multitude. present " the manufacture of produce." Now
But it should be remembered that the number of those it appears to us that the combination
electors at the beginning of the present century of these manufactures will ,eminently promote the
was altogether insignificant when contrasted with the success of the uniertaking. A ready and convenient
number obtained now-a-days under the system of market will thereby be afforded to the occupiers,
universal suffrage. The same arguments apply in and the company, as landlords, must participate in
like manner to the number of votes polled throughout the prosperity of their tenants. If, therefore, no profit
the electoral districts of France when NAPOLEON could be derived from these m anufactures, they would
BONAPARTE was elected Emperor by the will of its prove exceedingly beneficial ; but, as Mr. SEYMOUR
population. With reference to the Kings of the has shown they must be very remunerative in them-
Restoration, it is needless to observe that in their in- selves, they appear to us to constitute the most im-
stance the wishes of the people were in no manner portant features in the undertaking. From those who
consulted. Louis XVIII. was Monarch by may entertain ail doubts or difficulties on the sub-
the bayonets of the allied Sovereigns, and ject, we only ask a calm and attentive consideration
CHARLES 1., his successor, by the divine of the arguments put forward by Mr. SEYMOUR,
right believed in by the Legitimatists. As to which will well repay perusal, and after which, we
the monarchy under Louis PnuarrE, the whole ore satisfied, they will no longer continue sceptical.
of Europe has known for upwards of twenty years,
that it was based, in the first instance, upon a trick
on the Stock Exchange, and subsequently upon a
well-organized scheme of legalized corruption. Let
us have no repetition, therefore, of such folly as that
which compares the election of Louis NAPOLEON to
any one of the preceding French Governments.
Until the calumniators of the PRESIDENT can contrive
to dissipate the fact of his being elected by from
seven to eight millions of citizens, of their free will,
as expressed through the urn of the ballot, it will
require a miracle to show that he is not the choice of
the great European Republic.
Accounts of the gorgeous ceremonial which inau-
gurated, at Notre Dame, on the Ist of January, the
new era of the Democratic Government, coincide in
assuring us of the enthusiastic joy diffused by the
triumphant majority in favour of the PRINCE PRESI-
DENT. At all times disposed to welcome a pageant
with delight, the Parisians seem to have regarded
with more than ordinary pleasure the pumps of this
great festivity, religious in the cathedral and courtly
in the palace. They appear to have regarded it with
the gratification of men who beheld in the success of
the PRESIDENT not only the revival of many
popularly beloved and glorious souvenirs, but the
vindication of the national will, and the utter confu•
sion of the anarchists. With a view, doubtless, to
keep these souvenirs before the eyes of the multitude,
Louis NAFOLEON, " wise" enough "in his genera-
tion," has, it will have been observed, restored the
eagle as the imperial emblem to the standards of
the army, and to the crosses of the Legion
of Honour, announcing almost immediately after wards
his removal from the Elysee to the Palace of the
Tuileries. Such have been the events which have
marked the entrance of the French people into that
new year of 1852 which was awaited until
very recently by the majority with such unutterable
trepidation. Whatever may be the ulterior result of
these proceedings, the friends of Liberty cannot but
wish for our neighbours their continued preservation
from the perilous seductions of Sicialism.

THE FRENCH REPUBLIC.

Oa the first day of the present year we directed
the public attention to the large amount of specie
now lying idle and unproductive in the vaults of the
Bank of England, and the immense quantity of notes
unemployed in the banking department of that levia-
than establishment. We also alluded to the fact that,
notwithstanding the extraordinary and unprecedented
advantages offered to purchasers under the Encum-
bered Estates Court in Ireland—the safe and unques-
tionable title, and the concise and simple deed of
transfer, and, also, notwithstanding the certainty
that eligible investments must speedily be in
demand, in order to provide remunerative
employment for capital—real estate in Ireland was
still a drug in the market, selling at
.little more than
one-half its actual value, or at an average of twelve,
or at most thirteen years' purchase en well-circum-
stanced properties.
There is, then, every inducement for persons having
money at their disposal, and anxious to turn it to
the best advantage, to investigate closely the circum-
stances and natural capabilities of the various pro-
perties about to be offered for public competition
under the auspices of the " auctioneers" par excellence
of modern days, the mighty three who have already
disposed of property to the amount of several millions
of pounds sterling within a single year, to whom the
sale of ten or twelve
,estates, to the value of fifty or
one hundred thousand pounds sterling in a morning,
and the substitution of new men for the quondam
proprietors in whose families the " dirty acres" had
remained for centuries, is a mere nothing—a trifle
unworthy of notice or comment.
Many persons, however, although fully appreciating
the numerous and varied, advantages thus tendered
for their acceptance, are unable or unwilling to avail
themselves thereof. Some feel that they are not pre-
pared to sever old associations and to seek a new
home in their declining years—that Irish property
will be chiefly beneficial to those who can, to all
intents and purposes, become residents and give the
"master's eye" and the "master's superintendence"
to the eultivation and improvement of the soil!
Others are] still labouring
~ in their respective
vocations ; although they may have already
accumulated " something handsome," more must
be realized, to achieve the easy indepen-
dence, with which they can seek the otium cum digni.
tate of retirement from the , cares and turmoils of
business, to live upon TIIEIB. OWN ESTATES, which
they can manage according to their own fancies, and
for which they have no rents to pay. A variety of
other causes may deter parties from:endeavouring to
become the purchasers of properties now for sale in
their individual capacities.
This is, however, a wonderful age—what cannot be
accomplished by individual exertion, will be achieved
by joint-stock enterprise. Few among us would
contemplate undertaking a journey to California or
Australia, with all its incidental dangers, annoyances,
and privations, and yet there are myriads who could
not be tempted from their own firesides and snug
chimney corners, where they can enjoy their Christ-
mas festivities with all the creature comforts about
them at reasonable and moderate prices, who will
still enter into mining speculations in the modern El
Doradoes, and endeavour to obtain portions of the au-
riferous soil or the gold-sprinkled quartz through the
exertions of more energetic adventurers, who contri-
bute a portion of their gains; in return for the benefits
conferred upon them by the companies and the ad-
vantages of combination and co-operation, and all
the materials for disposing thereof in the best
market and under the most favourable auspices.
In like manner, we may find many who, although
they will not repair to Ireland to become resident
proprietors, or embark sufficient capital to purchase
estates for themselves, may yet desire to have an in-
terest in the soil of the sister kingdom, and to partici-
pate in the advantages to be derived from purchases
made at the present low quotations.
Such persona will have an opportunity of_indulg-
ing their fancies. It is strange that among all the
variety of objects, to which joint-stock enter-
prise has been
applied, so little has hitherto
of " land investments" in the
been done in the way
United Kingdom'
Im-
provement
We have had "Waste Land 'm-
Societies," but nothing in the way
of the purchase
of lands already under
cultivation. The West of Ireland Land
Investment Society have, however, entered as pioneers
on the promising field of speculation, and joined with
it other objects which must ensure the welfare
and prosperity of the tenants on the purchased
estates, and the labourers in their vicinities. As we
have recently noticed, at considerable length, on two
separate occasions, the able pamphlet of Mr. Win-
num DICEY SET *the principal promoter of the
company, it is scarcely necessary again to allude
MOURs ,
at any length to the points adverted to by the
Learned Gentleman, end
the clear, distinct, and
unequivocal testimony which he has brought forward
in favour of the production and manufacture of beet-
root and flax, and elso the cultivation of chicory in

Francs.

Value of gold imported ...
Value of silver imported...

118,130,400
171,711,900

Total ...

289 842,300

Value of gold exported ...
Value of silver exported ...

16 530,000
87,768,700

A. " How to Employ Capital in Western Ireland, Sze."
By William Digby Seymour. Third Edition. London:
Eifinhea Wll5O, and Ilidglysy. 1851.

We have received the Paris journals of Saturday
and yesterday.
On Saturday the adjudication of the Lyons to
Avignon Railway took place at the hotel of the
Minister of Public Works, in the Rue St. Dominique
St. Germain. Two tenders only were presented—
from the company of Seguin, brothers, and from that
of the Forge-Mesters. The former offered to reduce
the subvention of 60,000,000 f., which the State was
to grant, by a sum of 10,051,000 f., and the latter by
11,000,000 f. In consequence the Lyons to Avignon
line was declared to be duly adjudicated to the com-
pany of the Forge-Masters, otherwise the former
company, Talabot. The Afoniteur of yesterday pub-
lishes the decree of adjudication.
Neither the Russian nor the Austrian Ambassa-
dor was present at Notre Dame on New Year's-day.
The Russian Ambassador, M. DE KISSELIEPT, has
officially explained that his absence was occasioned
solely by an accident; he had sprained his foot and
was unable to meve. The Austrian Ambassador has
as yet offered no explanation.
The Constitutisnnel says The Russian Minis-
ter at Paris has landed to M. DE TUIIGOT' Minister
of Foreign Affairs, an autograph letter of the CZAR
addressed to Prince Louis NAPOLEON, in which the
Emperor of Russia congratulates the PRESIDENT of
the Republic on having served the cause of civiliza-
tion by the great act of the 2d December."
M. SEGTJR D'AGUESSRA.II, member of the Consulta-
tive Commission, has written. a letter to the Journal
des Debuts, declaring that the account given by that
journal of his proposition that " M. Louis NAPOLEON
BONAPARTE should be requ.eeted to fix his residence
at the Peleee of
the Tuileries, as the only place
worthy of him," tended to _misrepresent the motives
which had led to that proposition. His object was
not, he says, " to give a vain satisfaction to a
question of personal propriety, such an idea being
as unworthy of the PRESIDENT of the Republic as
of him (the writer), but to cause just attention
to he paid to what the national dignity demanded."
M. SEGUE, D'AGUESSEAU then gives the text of the
remarks which he made when presenting his proposi-
tion, and in the course of •which he says, that the
fact of upwards of seven millions of the people having
declared in favour of Prince Louis NAPOLEON proved
that the nation wished for a stable Government, and
above all things, as an essential and primary condi-
tion, for an executive power, strong, grand, and re-
spected. The humiliating position intentionally im-
posed on the heed of the State during the last three
years had been a permanent offence against the dig-
nity of the nation, and such a scandal ought to cease.
The commission ought to declare openly that the PRE-
SIDENT of the Republic ought no longer to remain
thrust apart in a corner of the capital, but that the
ancient palace of the hereditary kings of France was
the only residence worthy to receive the representa-
tive of the French people." Such M. SEGUR
D'AGUESSEAU declares were the motives which alone
actuated him in making his proposition.
A decree appears in the Moniteur of yesterday,
ordering that henceforth all moneys coined at the Mint
shall bear the effigy of Louis NAPOLEON.
Accounts have been received of the celebrations of
the religious ceremonies on the Ist inst., at Lille,
Rouen, Arras, Amiens, and other great towns. At
Rouen, Arras, Ncvers, and Meaux, the Archbishops
officiated in person. The attendance was everywhere
numerous, and everything passed off with the greatest
order.
The PRESIDENT of the Republic will dine to-mor-
row at the Hotel de -Ville. Covers will be laid for
two hundred.
There will be an extraordinary representation at
the Grand Opera on Tuesday next, to which the
PRESIDENT of the Republic has invited the delegates
from the departments.
,
mAurAs, the Prefect of Police, has made one
official return of the killed and wounded among the
civilians in Paris on the 4th December. The total
ridOBBf those killed the report states that ten
have since died; 115 persons were
number killed was 215 ; of these 137 fell at the bar-
persons not concerned in the insurrection.
rowi
only
auy ddn e s
were
It has been arranged that M. DROUTE DE L'Huvs
shall return to England as Ambassador.
M. DUPIN had an interview with the PRESIDENT of
the Republic on Saturday.
The creation of two new battalions of Chasseura of
Vincennes is announc
izati ed. General FORET is charged
with their ors
The colossal statue of Liberty, which was placed in
iteur announces that the electric telegraph
;laced in communication with the town of
the front of they hamber of Deputies in the year 1848,
has been taken wn by order of the authorities.
i lfvreorm imported
haspiTe
plabpeeeellni°
The Meniteur contains the following article, signed
" Communique" :
A journal pretends that the recent importation of
gold into France has caused a corresponding export of
silver."lt is sufficient to oppose to that allegation the returns
yt otfhogcoladstaonmdss,
,he 20th Dec. last:—
aosf
etheretaifimeodunbthe
s t aJan.,nd exported,
185 1
to
0

Total 104,209,600
" It appears from those retorts that in place of di-
minishing, the silver coin has increased during the above
period by 83,943,2001."
The following letter has been addressed to the
editor of the Patric by M.
11A.8ER, the senior parish
priest of Paris, Commander of the Pontifical Order
of St. Gregory the Great, and Chevalier of the
Legion of Honour :

" Monsieur le liklacteur,—The following is as far as
regards inn the exact account of what passed at the re-
ception on Wednesday last at the Elyr.6a:—Monsignor
" Paris, Jan. 3,
the Archbishop had the kindness to present me to the
President. The Prince addressed some courteous words
1852
to me, and Suegave some honourable marks of interest.
I hastened to approach him, and with the accent of the
most sincere joy
I said to him,--' Prince, whilst I con-
template you I are Warmly penetrated with the sublime
and profound reply
of the wise and learned Gamaliel,
rceuvre de Dieu reuissira quand meme."
M. Ben, the
ex-questor of the National Assembly,
has addressed the following letter to M. NE111314E11;
editor of the Opinion Publique ;
" Chateau de Ham, Jan. 1.
" My dear Friend,—You have published in yourjour-
nal an article,
the prisoners of Ham. The details and appreciations
borrowed from the journal the Pays, on
which this article contains, as concerns me, are com-
pletely inexact.
for those who I even flatter myself that for you and
know me, the denial which I give to them
is quite superfluous. Will you, nevertheless, be kind
enough, my dear friend, to insert this letter in the next
number of
Your journal.—Receive, Sze."
Much business was transacted on Saturday at the
Bourse, and the Securities continued to arise. The
Five per Cents.
at 104 f. 60c. • the') Three per Cents. closed at 71f,
40c.; Orleans 'Railroad Shares, 1,100 f.; Rouen, 690 f.;
Havre, 265f.•0 ened at 104 f. 25c., and closed
Great Northern, 600 f.; Avignon, 265 f.;
sto Vierzon,
- ---i.; Basle, 205 f.; Bordeaux, 445 f.; Paris and
Strasburg, 492 f
Bou-
logne, 295 f,
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, JAN. 3.
and Boulogne • 50c.; Tours and Nantes, 330 f.;
Amiens, 11% - Central of France (Orleans
YE, Great Indian Peninsula, 43/4—Luxem-
bourg, 354
- ,a.—Narnur—and Liege, 6;;—Northern of France,
and Vierzon), 20
Paris and Strasbourg, 173,,i—Rouen and Havre, 10%—
1914—Orleans and Bordeaux, B`a—Paris and Rouen, 26w—
Sambre and ?dense, 4 1/8 —To u r s and Nante, 91,4.

SPAIN.
Madrid journals of the 29th and 30th ult. have
arrived.
It was said that Lord HOWDEN would resign his
post as British Ambassador in consequence of the
withdrawal of Lord PALMERSTON from the Cabinet.
MADRID BoLsA, DEc. 30.—The Three per Cents.
were done at leixirid, thtt 30:h ult., at 38i paper ;
the Five per Cents., 11; Coupons, q; Debt with-
out Interest, 6 7-16.