The Sun.
London, England, 1852-03-27 00:00:00

LONDON,

care that the proceedings should be so far simplified
as to combine economy with diTatch, and to render
cheap and speedy justice to every applicant.
Great inconvenience would necessarily be felt by
the termination of the extraordinary powers conferred

on the Commissioners daring the present year. The
chief sufferers would be the parties who have hitherto
been enabled to liquidate with tolerable punctuality
the interest on the charges affecting their respective

estates. The creditors, under such circumstances,
would willingly afford every indulgence so long as
the debtor was enabled to show any reasonable chance of
ultimate liquidation, and, to prevent the increase of their
demands, by satisfying the accruing gales of interest.
But if the efficient remedy which the wisdom of the
Legislature provided were about to be removed,
many :petitions would be presented, and costs in-
curred, which might otherwise never be heard of.
All, who at present are holding back in kindness to
the proprietors, would rush forward, in order to ob-
tain a locus standi before the cessation of the law,
and much annoyance, expense, and inconvenience
would be sustained by those who have already
had many difficulties to encounter. The ex-
tension of the law will, however, obviate this,
and full time will be obtained for the care and atten-
tion so imperatively required on a matter of such
paramount importance.
As to the suggested transfer of the powers of
the Commission to the Court of Chancery, we
shall not at present offer a decided opinion.
Under existing circumstances, we should deeply
regret the enactment of any law that brought addi-
tional property within its jurisdiction. But it has
been announced, and we believe on adequate founda-
tion, that a measure of Chancery reform will be
speedily introduced that will sweep away many of
the existing abuses, and remove the most formidable
objections at present prevailing. We also know that
the attention of the Irish Chancellor has been directed
to the same subject, with a view especially to the
supercession of the functions of the Commissioners.
We should not venture to condemn a measure framed by
Lord Chancellor BoacienumeE, and approved by Lord
ST. LEONARDS, at least until it was fully and fairly
brought forward, and ample time allowed for consi-
deration of all its details. We . have likewise an
implied promise from the PREMIER that if
the Government should be disappointed in
its expectations of being enabled to introduce
such improvements and alterations through the me-
dium of the Court of Chancery, there would be a
disposition on the part of the Government to pro-
pose a continuance of the present, system. These
assurances will satisfy creditors, and prevent the
evils that would inevitably arise from au impres-
sion that the present law was to be permitted to
expire without any suitable substitute being enacted
in its place.
There is nothing, in fact, that would prove more
beneficial to the owners of land than obtaining
the necessary facilities for changing or disposing
of their estates whenever an emergency should arise.
The delays and expenses incident to any dealing
with real property prevent the demand that would
otherwise arise, and thus materially 'diminish the
prices in the market. We believe that :a corn-law,
plackg a tax on bread, would be by no means
so beneficial to its proprietors as what has been hap-
pily designated by Mr. JAMES STEWART, " free trade
in land itself," by which parcels of land or estates
could be conveyed with as much ease, and at
almost as cheap a rate, as money in the
funds, or other securities. The assurance that the
Ministerial attention has been strongly directed to
the subject affords favourable auguries for the future,
and induces the hope that one at least of the reme-
dies to the landed interest will be made by means of
changes by which they will be largely benefited
without injury to any other class in the community.

THE FRENCH REPUBLIC.

We have received the Paris journals of yesterday.
The Debats again calls for the intervention of the
French Government for the protection of the monks
of St. Bernard against the decision of the Govern-
ment of the Valais. It says in conclusion—
The cause of the Great St. Bernard has, besides,
nothing of a political character in it; it is the cause of
the poor and the sick, that ut charity and of humanity,
and it is not improperly that the asylum kept by the
monks of that establishment has been called the asylum
of all nations and all states."
The Univers has an article on the extraordinary
decrease in the consumption of butchers' meat in
Pali', which it attributes mainly to the monopoly of
the butchers.
The Journal du Havre says :—" The Minister of
the Marine has, it is said, just given orders for se-
veral vessels of war to proceed to La Plata, for the
protection of the interests of the French subjects, in
the midst of the serious events which may arise in
consequence of the defeat and flight of Roses."
The Sentinelle of Toulon says :—" It is stated that
the steam line-of-battle ship, the Charlemagne,
which has just undergone several repairs, is to start
shortly for Trieste, in order to bring back to France
the remains of the Duke de Reichstadt. The Belle
Poule is, it is said, to form part of the expedition,
which will be commanded by Admiral de MACKAU."
The Illoniteur Algerien of the 20th contains an
order of the day of the Governor-General, expressing
the lively interest felt by the PRESIDENT of the Re-
public in the sufferings of the troops under the com-
mand of General BoscicET during the recent tempes-
tuous weather, and his high approbation of the
courage and firmness they displayed under such
trying circumstances. The same j3urnal contains a
circular addressed by the Governor-General to the
generals commanding the divisions of Algiers, Con-
stantine, and Oran, in which he alludes to the in-
crease of suicide in the army, and urges cu all the
officers of regiments the necessity cf their pointing
out to their men the criminality and folly of such
cond act.
The Presse says :—" The short-hand writers of the
lioniteur were received a few days b.ick by M. BIL-
LAULT, the President of the Legislative body. He
promised to occupy himself with their position, but
gave them to understand that the Chamber would only
require at present three persons to take down their
proceedings."
" We are assured," says the Patrie, " that the or-
ganizetion of the College of France will be modified
by the new decrees on eduoation, which are being
prepared. The principle of absolute appointment for
life will cease to be applied to the professors, and the
instruction in this establishment will be the object on
the part of the competent authority of a surveillance
considered indispensable for every branch of the
University."
Oa Wednesday the Minister of Finance gave a
private audience to MM. ARDOIN, RICARDA, EXPEL-
LETA, and other members of the board of :directors of
the Bordeaux to Ci tte Railway, accompanied by the
representatives of Messrs. LOCKE, BaASSEY, BETTS,
and PETe, members of the English committee, and
the directors of the foundries of Decazeville, Chatil•
lon, end Commentry.
The Gazette de France says :—" The treaty of
union which is to take place between the Orleans,
Centre, Bordeaux, and Nantes Railway Company is
about to be immediately signed. The representatives
of these companies yesterday had a conference with
the Minister of Public Works. The new company,
formed from this union of the four will excecute a
branch line from Clermont Ferrand to Roanne, and
thus open a line parallel to that from Paris to Lyons."
It is intended to undertake important works for
the improvement of the Saone and the Rhone. The
Saone between Chalon and Lyons is to be lighted at
night by means of lighthouses ;and the bridges are
to be raised, they being at present so low as to im-
pede the navigation. In the Rhone the obstacles and
rocks which exist in the bed of the river at St. Mon-
tent, St. Andeol, Pont Saint Esprit, and near Avignon,
are to be removed. These latter improvements, which
are the most important, will materially facilitate na-
vigatio❑ between Lyons and Arles, and thereby
make the communications between Paris and Mar-
seilles more rapid.
The line of electric telegraph from Paris to Mec:on
has just been opened. In 40 days the line will be
terminated as far as Lyons, when the south of France
will he united to Paris.
Tho Bourse was firm, with little business doing.
paTt::loCEoefin.ve per Cents. opened at 100 f. 75c., and closed
tB,.oc.clofsofrd theat en7dlf.ofotha.e. month; theß
Shares, 1,190 f.; R men, 717 f. 50e ; Havre 295".; Great
; Avignon, 265 f ;Vie) z)n, 517 f. 50e ,
Railroad
-
bur;, 563?. Northern,
ff..6;57358fe:
.3;rdTecaul:lrxs,
t,CiudGf..2.sc.; Paris and Stras.:
is
Indian, 21%—Great
Bire.,I9IsTE6SOS7I.I)SOO?N'E IN FOREIGN RAILWAYSNantes,ATPa r THE and
LONDON STOCK EXCIIANGE, MARCI 26
Boning-112 and Amiens, IN—Charleroi and Ei itelfnes, 14
R511;11-31'1141—bEottasrtg, 33/,
of France, 21%—Orleans and Bordeaux,g- Indianl4
Namur and Liege, 67A
West Flanders, .21/x'.
Cnai:liarirtsctsullhiea3rd St r sb o urg, 21% —Tours and Nantes. 103i_

about 13,000,600/.
It is stated that the amount of Spanish bonds sent
tini
mfeo r
isco3,
n vle9r3s 13,9%71. t hoof variou
s gargeegnactiee s uP to the present
has been sent in at Amsterdam, about 12,000,0001. in LOU-
don, and about 6,5Q0,0404 at Pali*