The Sun.
London, England, 1864-07-26 00:00:00

IliE SITY,' LONDON, TUESDAY EVENING, JULY 26, 1864.

LATEST INTELLIGENCE.

LREIITER'S TELEGRAMS.]

Pll ANC E.
PARIS, JULY 26 (Morning).

Orders have been given in the military ports to
despatch the necessary ships to Mexico to bring
back the troops that are to return from that coun-
try. The ships will leave France early in August.
The Paris journals continue to remark on the
Imperial decree for reorganising the administration
in Algeria, but in general their observations are of
a pale, undecided character, and certainly far in-
ferior in energy of expression to the almost hostile
extracts which we have given from the Opinion
Nationale and the Gazette de France. Thus, for
instance, the Monde merely says :—" One thing
seems clear—that Algeria is returning to military
government. So long as there is no serious plan
of colonisation, w© shall be perpetually oscillating.
We aro even ignorant of what the prefects do in
Algeria, and what they have to administer.
The Nation sums up its opinion in these words :
" There is nothing changed in Algeria—there is
only a prefect the more, and the military supre-
macy is more firmly established than ever." The
Patrie confines itself to showing that the consider-
able changes introduced into the regime of Algeria
have for object to assure the complete predominance
of the military element. The Debats makes the
following observations :—" There are two impor-
tant points which must be considered in any dis-
cussion on Algeria. In the first place Algeria
is not purely and simply a colony founded,
like the English ones, by a free move-
ment of emigration, developed by the in-
dividual initiative of a few enterprising men ;
it ie, above all, a coecieest to which the mother
country has devoted too much of her wealth and of
her most precious blood not to have the right to
retain, so long as shed may think proper, the supreme
direction of its goverement. In the second place,
Algeria is not, like Bourbon and the Antiles, peo-
pled exclusively with one race, that of resident
Europeans; it is occupied by two nations, differing
in origin and religion, ono of which, having long
been master of the soil, only submitted to France
on certain specified conditions, after obtaining the
solemn premise that its property, customs, and laws
should be respected by the conqueror. It appears
to us that too little attention is paid to this double
character peculiar to our possessions in the North
of Africa by these who compare the institutions given
by England to Australia and even to Canada with the
ins itutioes which have at different times obtained
in Alge.ll.e. and who pretend to draw decisive argil.
menta from
comparison of objects and situations
so widely different."
The Presse declares that is'an seedily understand
Marshal Randon'a scruples relatis'e' to the system of
duality, the unfortunate dl cts of which he bears
witness to; that journal has little confidence in the
union of the civil with the military regime.
" Either one or the other," it says, "should be
adopted." Still the I'tesse has ingeniously dis-
covered a method to do witheet either. It is
almost prepared to look upon the inefficiency
of all the systems as en argument against the
occupation itself!" Tne work which France
commenced in 1830, and which she has been steadily
peesuing for the last 31 years should therefore be
abanclo:,;!-A. The colonists, who at the price of so
many sacritlftes have succeeded in founding such
immigrationvaluable
t 0
that
,:ountry must succeed emigra-
tion from it. This idea is too unpatriotic to be
there, should resign all. To
seriously entertained. Whet brought for ward in
the Chamber of Deputies by M. ljesjobert, it was
laughed at, and will probably be simii.:Yly greeted
now by the pubic.
Bounse, July 25.—The market is eomewhat
firmer to-day, but there has been E•carcely any
variation'
in prices. Threes, for the Account, opened
at 66e. boe. ?lid rose to G6f. 151. Mobili.r opened
at 980 f., and CkTe
gradually risen to 9S5f. But
tittle doing in 1.1.-si,7oy Shares, but prices show a
slight upward tendenc7;
The market closed as
follows :

4j Fer Cents.
uo. clad raoilth...,
per Ccr..)4
Do. end month GO 10
C,lr:Ldi;.. Mob'flora 032 00
Do. bud 035.
Bank Shares 3390
Credit kencier
Roman .. 75 50
111cIL)

Italian _4117.1 C3
03 05
Do. end ~"Ith•• ••
tr
Ditto Threes,... •
Nev Maxicaa ~.. 50 50
It inmian
A.ustrian.
~.
'Spanith Three„.. 51 --
Rome Debt
Deferred

A-Ya.
Chsh. • Aceonnt.
Orle.lns 572 i',o .. 872 50
biorthern
Lyon, and Nedit,rran,2an 895 .. 897 50
New ditto — ..
Sotithern 637 50 .. 640
Western
L'ltiUrn
6,u il.ini -'n
A:as tri au -
LOU, iy,r(l
North of Spain -
Saragoasa 596 25 ... . 527 50
Ditto to Eareeioua - —.