The Sun.
London, England, 1865-05-31 00:00:00

THE SUN, LONDON, WEDNESDAY EVENING, NAY 31, 1865.

FRANCE.

BOURSE, May 30.—A considerable change has
taken place in the aspect of the Bourse to-day, the
firmness and activity remarkable during the past
few days having given way to a feeling of languor
which has caused an adverse movement in nearly
all the principal Securities. The importance of
yesterday's intelligence from Mexico also appears to
have been more fully realised in monetary circles—
the Stock of the Old Loan having receded to 47i,
and that of the New to 327 f. Threes, for the Ac-
count, have been 67f. 25c., and Italian Loan at
66f. 15c. Transactions in the Shares of the Credit
Mobilier have taken place at 761 f. 25c. The market
closed as follows :

4 per Cents 95 50
Do. end month —
3 per Cents. 67 50
Do. end month 67 221
Credit Mobilier 762 50
Do. end month
Bank Shares 3500
Credit Foncier 1285
Italian Loan 66 10
Do. end month 66 15
RAIL'

Ditto Threes —
New Mexican
Do. New
Russian —
Austrian
Spanish Threes
Home Debt

Deferred
Roman 76

has been the result of Sir Henry's apparently " idle"
winter in Egypt.
The Porte, it is said, has not heard his views and
the grounds of them without anxiety, all the more
that they entirely tally with the reports of Osman
Pasha, the special commissioner of the Divan on the
spot. The French Government, having learned that
the Turkish and Egyptian members of the commis-
sion named to report on the issues raised by the Em-
peror's late award are likely to be d'accord against
the nominee of the company, now wishes to add a
delegate of its own, so as to equalise the arbitrative
influence, or, in plainer words, by gaining over
either of the two Mussulman commissioners, to
have the whole matter decided " legitimately" in
the French sense. But to this both our own Go-
vernment and the Porte are naturally enough
opposed ; and as M. Drouyn de ',buys, on his
part insists, on carrying the point, the slight cloud
of a " difficulty" on the subject is visibly gathering
on the horizon. It is not unlikely therefore that
the Suez Canal " questson" will again be cropping
up in a somewhat more definite form than what it
has recently occupied before the public.

ELECTION INTELLIGENCE.

EAST SURREY.

Mr. H. W. Peek, of Wimbledon-house, and Mr.
W. Brodrick, of Peper Harow, who are candidates
for the representation of the eastern division of the
county of Surrey, have issued their addresses to the
electors. Mr. Peek, in his circular to the 9,913
voters on the register, says :
"My political preferences are in favour of such a mode-
rately Conservative policy as would aim to consolidate our
institutions, and from time to time adapt them to the vary-
ing circumstances of the age, rather than to introduce sud-
den or violent changes—at the present time, as I think, not
only undesirable to the interest of any class of my country-
men, but fraught with danger to the welfare or liberties of
all. Late experience as to the practical working of Ame-
rican institutions, on the one hand, and the repressive
policy of many European States on the other, will not have
been without a due influence upon Englishmen, jealous of
and valuing their position and character. It is not within
the compass of an address to go far into the many subjects of
the day. On the more prominent I may be permitted to say
that the ballot does not commend itself to my judgment ; that
in the absence of any well-considered scheme—such, for
instance, as the better administration of the ecclesiastical
property of the country—l could not support the uncondi-
tional abolition of church rates, nor could be a party by
lowering the franchise to swamp the middle class of elec-
tors, which embraces so large a proportion of the intelligent
industry of the country, and which has ever shown itself
thoroughly worthy of its political privileges. The unpro-
ductive expenditure of the country is very heavy ; and
though cordially agreeing in the opinion that the mainte-
nance of an ample military and naval force in the highest
state of efficiency is, considering the extent and circum-
stances of her Majesty's dominions, true economy, I shall
at all times welcome and support judicious retrenchment."

Spanish Foreign Debt.

MADRID, May 26.

In yesterday's sitting of the Spanish Senate, the
Minister of Finance, in the course of his reply to
a speech of Senor Pastor, upon the financial con-
dition of the country, said :—Senor Pastor be-
lieves that, should the loan be effected, it will
be on such unfavourable terms that the country will
regret it. On this point I must inform Senor Pastor
that the present Government have proved that
they know how to defend the public interests,
and that they will continue to do so to the utmost
extent of their power. Senor Pastor has submitted
to us, as one of the most important points, the ques-
tion of the settlement with, or opening of, the foreign
money markets. Now, I must observe that I am one
of those who believe that the time has arrived when
Spain is under the necessity of resolving this ques-
tion ; but I do not think that a single Spaniard will
yield when a question is put to him at the point of
of the sword. It is necessary to extricate ourselves
from this situation, but demands should be made in
a fitting manner, as otherwise there is no reasonable
means of granting them, and I must add that, in
this country, such questions are never resolved with-
out the concurrence of Parliament ; nor, indeed, can
they be discussed without such concurrence, as they
are so important, both from their gravity and even
their history, that no Government having proper
self-respect would enter upon them, unless by con-
sent of the co-legislative bodies.
Senor Pastor, in reply, said—The Minister of Fi-
nance considers that the most important part of my
speech is what I have said relative to the question of
the debt. It is my conscientious belief that there is
a necessity for our opening the foreign money mar-
kets. But hOw could I desire the matter to be ar-
ranged by royal order without the intervention and
knowledge of the co-legislative bodies ? In saying
that by negotiating our securities, the holders of
this demand payment at the sword'spoint, the Mini-
ster is right. The case is as if we sent an artisan to
whom we might be indebted to do more work in-
stead of paying him. Let Senor Castro study the
history of our debt, and he will see whether right is
upon the side of your creditors or not.
The Minister of Finance rose at the conclusion of
Senor Pastor's remarks, and said—Senor Pastor
thinks that what has been said of payment being de-
manded at the sword's point is incorrect, and draws
a comparison between the holders of the coupons
and legitimate creditors whose claim the debtor
denies. All I shall say to Senor Pastor is that, until
it declared whether a debt exists or not, no such
comparison can be made.

EXTRAORDINARY INCIDENT.

BURSTING OF A WATERSPOUT OVER BRASTED

PARK.
(From the South-Eastern Gazette)

About five o'clock yesterday (Monday) morning
week a very heavy storm burst over the neighbour-
hood of Brasted, and, although it was not of long
continuance, its effects have been most serious to
the residence of W. Tipping, Esq., one of the county
magistrates.