The Sun.
London, England, 1865-10-09 00:00:00

HIE SUN, LONDON, MONDAY EVENING, OCTOBER 9, 1865.

tasteful the y may be to others. Senor CASTRO
has also s' 2,nt a circular to the diplomatic agents of
Spain abroad, and in this he explains the particulars
of the ck spatch alluded to, which was sent to Count
MENsno!RFF in August. In the explanation here
given to the Spanish representatives, Senor CASTRO
declar, es that there is no truth in the affirmation of
any er igagement between the two States as to the
retenti ion of a " common line of policy towards
Italy,' and he likewise denies the assertion of
Count "AIENSDORFF that the dynastic institutions
of SprSu are imperilled by the recognition of
Italy. :It seems, from these reports, as if the
Spanish Minister had acted with great firm-
ness, art d shown great discernment in his
dealings with tho obstinate and perverse
statesmen of Austria. It would never do to permit
such a precedent to be made, and to sanction the
undue interference of one State with another.
Austria is not improving as we study her line of
policy ; and, on the contrary, her course seems to
indicate a gradual retrogression from the advances in a
liberal direction already made. The wisest thing that
the Government of Vienna could do at the present
juncture would be to sell Venice, and with the BUM thus
acquired the monetary pressure would be relieved,
and the country could not fail to derive benefit
from so decisive a step in the right direction ; but it
is not likely their prejudices will enable them to do
so for some time to come at all events.

Every mail from America shows us the wisdom
of that temperate and conciliatory policy which the
President has recently adopted. One by one
the conventions of the States are repealing the Act
of Secession and accepting the abolition of slavery,
so that while the Radicals would have driven the
Southerners into frantic opposition and anarchy, the
President acting upon more enlightened principles,
is gradually bringing the Confederacy once more
into the body of the Union. It did not require a
very long apprenticeship to the responsibilities and.
grave anxieties of supreme power to convince Mr.
JOHNSON that the course which his former friends
urged him so strongly to pursue was simply destruc-
tive of the best interests of the country, and opposed
to the restoration of internal peace and commercial
prosperity. By his judicious elevation of the civil
above the military power he has enlisted the best
part of the community on the side of reconstruction,
and the leading Confederates have acted with a
patriotism and magnanimity which reflects the
highest honour upon them during this trying time
In one of the Virginian District Courts, the Presid-
ing Judge has directed the discontinuance of all
proceedings under the confiscation order against
persons pardoned by the President. This is the
first step in the right way, but matters will
never be satisfactorily settled until the obnoxious
clause exempting from the amnesty all holders
of property above the value of $20,000 be repealed.
Let us hope that, as time wears on, and the fury of
the multitude dies out, the New England party will
lose their influence, and this unwarrantable condi-
tion shall be expunged from the amnesty. In
Alabama the State convention has declared the act
of secession null and voil, and has ordained that all
provisions relative to slavery and slaves shall be
struck out of the constitution, adding the wise and
kindly provision that the State Legislature shall
protect the freedmen in all their rights and pro-
perty, and guard them as far as possible from the
evils attending their sudden liberation.

Mr. JOIINSON has just had an opportunity of
declaring his foreign policy in an interview with the
Brazilian Minister. The President received the
new Brazilian representative very cordially, and
declared that America wished to promote civilisa-
tion in the Western hemisphere, and to introduce
free and intelligent labour into the virgin fields of
the great continent. He said that the Americans
did not wish to weaken new American states, but
to strengthens them by a dicplay of con fidonoo and
an absence of querulous jealousy. Self-sustaining
independence and perfect political equality must be
the condition of national existence on the American
continent, and in pursuing this course Brazil will
find firm allies in the United States. Such
language at least seems to imply that the
new President does not court another war,
and that he is disposed rather to consolidate his
power at home than to extend his dominions beyond
their present bounds. It is to be hoped that he may
find sufficient support in the more temperate and
enlightened politicians of his country to enable him
to show that leniency towards JEFFERSON DAVIS,
and that prudence with respect to the negro, which
Europe looks for with anxiety.

LATEST INTELLIGENCE.

(REUTER'S TELEGRAMS.)

CHINA.

RUMOURED REVOLT IN WESTERN
• TARTARY.
(By Overland Telegraph from Galle.)

SHANGHAI, SEPT. 4.

A. successful revolt is reported to have taken
place in Western Tartary. The province of Ili has
been wrested from the Celestial Empire.
The Myenfei have seized three cities.
A mandarin report states that Burgevine has
been drowned.

THE OVERLAND MAILS.

CALCUTTA, CHINA, AND AUSTRALIAN

MAILS.

ALEXANDRIA, OCT. 8.

The Mongolia and Poonah left here at daybreak
to-day for Marseilles and Southampton respectively.

OUTWARD AUSTRALIAN MAIL.

JUNE 20-2 G.
The Northam reached Melbourne on the 12th,
and Sydney on the 14th August (correct date).

OUTWARD BOMBAY MAIL.

MALTA, OCT. 8.

The Pera, from Southampton on the 27th Sept.,
arrived here on the 6th inst. at 6 a.m., and left at
noon for Alexandria.

The Ripon, from Marseilles on the sth inst.,
arrived here to-day at 6 a.m., and will leave at
10 a.in. for Alexandria.

ITALY.
FLORENCE, OCT. 9.
The King has appointed 32 senators.
Letters from Rome, dated the 7th inst., state
that Mgr. Innocent de'Merode is seriously ill.

THE BANK OF FRANKFORT.

FRANKFORT-ON-THE-MAINE, OCT. 9.

The Bank of Frankfort has announced that the
rato of discount will be raised to-morrow from 4i to
51 per cent.

and 67f. 90c. dont 50c. Credit Mobilier Shares are
dealt in at 831 f. 25c., with a fall of 15f. Spanish
Mobilier are doing at 480 f.—a loss of 13f. 75c.
These shares are offered at 495 f. a prime dent 10f.
Lombard Shares have fallen 10f.—to 427 f. 50c.
New City Bonds are quoted 472 f. 50c. Three
o'Clock.—The market has closed on the following
quotations :-
41 per Cents 96 55
Do. end month
8 per Cents.
Do. end month 67 65
Credit Mobilier
Do. end month
Bank Shares —
Credit Foncier 1295
Italian Loan 64 75
Do. end month 6l 87
RAIL

Ditto Threes
Roman 75
Mexican Loan 47 75
Do. Bonds 323 75
Russian
Austrian

Spanish Threes 43
Home Debt —
Deferred

'AYS.

Cash. Acct.
Orleans
Northern — 807 50
1082 50
Lyons and Mediterranean
Southern — ... 860
552 50
Western
522 50
Eastern
... 530
Sardinian
Austrian
401 25
Lombard
... 435
North of Spain — 187 50
Saragossa — ... 280
Ditto to Barcelona ••• --
Roman