The Sun.
London, England, 1865-06-05 00:00:00

FRANCE.

BOURSE, June 3.—Although but little business
has been transacted since the opening there is no
material change to notice in the quotations of the
principal securities. Threes, for the Account,
maintain their ground at 67fr. 30c., while operations
in Mobilier Shares and Mexican Stock have taken
place at somewhat less satisfactory rates. Italian
Loan, however, has not followed the general ten-
dency of the market, and has improved 30c., the
present quotation being 66fr. 70c. The market
closed as follows :

4-} per Cents 95 90
Do. end month —
3 per Cents. 67 20
Do. end month 67 32i
Credit Mobilier
Do. end month
Bank Shares 3675
Credit Fonder 1280
Italian Loan 66 50
Do. end month 66 75
BAIL'

Ditto Threes 4l 25
New Mexican
Do. Bonds 326 25
Russian —
Austrian
Spanish Threes
Home Debt
Deferred
Roman

'AYS.

Cash. Acct.
Orleans
Northern lO7O ... 1070
Lyons and,_ Mediterranean 847 50 ... 843 75
Southern 595 ... 595
Western 528 75 527 50
Eastern 503 75 ... 502 50
Sardinian , 3OB 75
Austrian
Lombard 495 ... 498 75
North of Spain 233 75 ... 232 50
Saragossa 321 25 325
Ditto to Barcelona l6O

PRUSSIA.

BERLIN, JUNE 1.

The ministerial Norddeutsche Allgemeine Zeitung
of to-day publishes an article advocating the ex-
pediency of Prussia strengthening her position as a
Great Power by acquiring colonial possessions.
The following is a summary :
" Statesmen, learned men, merchants, and manu-
facturers at home and abroad," says the writer,
" have long since pointed out the value and neces-
sity of transmarine colonies to Germany. Horace
Say, with sarcasm only too well founded, compares
German emigration to the annual departure of a
fully equipped army of 100,000 men, who disappear
for ever immediately they have crossed the,frontier.

. . . Wilhelm Roscher, the highest authority in
colonial matters, warned us but a short time back :
—" Germany must make haste or the most fitting
localities will be snapped up before her eyes. by
other more energetic nations." While this counsel
is being given, years are passing away. Millions
of Germans have bade farewell to their country
for ever without Germany deriving any benefit,
without the emigrants making their nationality re-
cognised among the nations, or without the unprac-
tical attempts at colonisation made with the help of
German Governments on the Seychelles, the Mos-
quito coast, and in Texas having led to any result.

The article dilates at length upon the causes which
have hitherto prevented the principal German Go-
vernments from acquiring colonial empire, stating
them broadly as the necessity of first strengthening
themselves thoroughly at home, and their want,
until recently, of sufficient fleets to protect their
commerce. A few minor efforts in the 17th century
are mentioned, and the articles concludes as
follows :

It is certain, therefore, that the establishment of
a naval and colonial power was impossible in the
years immediately following Frederick the Great's
decease. England, who jealously watches every
movement upon the sea, who even in 1848 threatened
to treat the German national emblem as a piratical
flag, who acquired during the Napoleonic era that
naval supremacy upon which she still trades, would
least of all have suffered the establishment of a
Prussian naval force. Exhausted Prussia, indeed,
had first to recover under Frederick William 111.
from the deep wounds at home inflicted upon her by
the enemy. The construction of war-vessels and
harbours could first be undertaken under Frederick
William IV. Who does not remember the delight
of the country at the launch of the corvette Amazon,
built by the present Admiralty Councillor Elberts-
hagen, on the 24th June, 1843? _ All German
patriots, headed by the Austrian Franz Schuselka,
urgently implored the rulers of Prussia to carry out
the colonial traditions of the great Elector.
" Thus all the preliminary condition of colonisa-
tion have gradually come into Prussia's hand. In
1614 she obtained East Prussia, in 1648 nether
Pomerania, in 1772 West Prussia, in 1814 New
Pomerania, in 1854 the Bay of Jande, in 1864
Schleswig-Holstein. By this means we have ac-
quired coastal provinces, firm positions in the North
Sea and Baltic, good harbours, and excellent sea-
men. To these must be added the constant increase
of the population of the mercantile and war fleets,
of manufacturing industry, of commerce and inter-
course with all the world—items which of themselves
incite to transmarine enterprises.
" Nor is our moral right to colonisation wanting.
Independently of the blessing which every European
settlement produces when not accompanied by im-
moral tendencies, such as slavery, Germany, and
here again notably Prussia, has long since acquired
the founded claim to colonial possessions in all
quarters of the globe by her numerous, costly
scientific expeditions, and the self-sacrificing devo-
tion of valiant explorers and enthusiastic mission-
aries. Humboldt, Reichardt, Schlagintwert, Over-
weg, Vogel, Barth, Gossner, Gutzlaff, &c., are
names the greatest• maritime and colonial Powers
envy us ; and we may therefore fairly call every
undertaking directed towards German colonisation
an act of piety towards our martyrs of science and
religion resting on foreign sail.

AUSTRIA.

VIENNA, May 30.

The debate upon the commercial treaty between
Austria and the Zollverein was continued in the
Upper House yesterday. In a speech advocating
the adoption of the treaty, Count Rechberg said :
« After the brilliant speechem made both in this