The Sun.
London, England, 1865-02-01 00:00:00

COMMERCIAL INTELLIGENCE.

Money easy. Gold and Stocks excited. Gold
declined this morning to 99, but subsequently rose
to 106. Exchange on London, 2251 ; on Paris,
2121. Stocks depressed. New York Centrals, 108 ;
Illinois, 114 k ex-dividend ; Erie, 711, 5.20 ; United
States Bonds, 1081.

NEW YORK, JAN. 21 (Morning).

Admiral Porter reports from Wilmington on the
16th that the rebels destroyed the works on Smith's
Island. He says that, "if they do not destroy Fort
Caswell, as it is of no use to them, we shall get it

after a little while." He declares that the Malakoff
would not compare in size and strength to Fort

Fisher.

The New York. Tribune asserts that the Con-
federates are contemplating another extensive raid
from Canada. _

No one is authorised to say that terms could not
be made with the North without abolition and re-
construction. The South could make it the interest
of the Federal Government to recognise the South
as an independent people, without inN olving either
slavery or reconstruction. It was not treasonable
to resort to efforts to restore peace by negotiation.

The Federal Navy Department designs establish-
ing an European squadron under the command of
Admiral Goldsborough. The Brazil and East India
squadron is to be largely increased.

The Tennessee State Convention has unanimously
passed a resolution declaring slavery for ever
abolished, and prohibiting it throughout the State.
The Convention also adopted a resolution pro-
hibiting the Legislature from recognising property in
man, and forbidding it requiring compensation to
be made to owners of slaves. A resolution was also
adopted abrogating the declaration of State inde-
pendence and military league made with the Southern
Confederacy in 1861, and all laws and ordinances
passed in pursuance thereof.
All officers appointed by the acting Governor
since his accession to office, were confirmed. The
propositions of the Convention are to be submitted
to the people for ratification on the 22d February,
and on the 4th of March an election will be held
for Governor and members of the Legislature.

Nearly 300 delegates participated in the proceed•
ings, and the greatest harmony prevailed.

Parson Brownlow was unanimously chosen for

Governor.

NEW YORK, JAN. 21, 2 P.M

Mr. Blair has proceeded to City Point in a
Government steamer for another visit to Richmond.
Admiral. Porter reports that his gunboats at
Wilmington have hermetically sealed the river
against blockade runners.

It is rumoured that the Confederates have blown
up Fort Casswell, at the entrance of the Cape Fear

River.

The gunboats are preparing to advance against
Wilmington.

The anticipations of early peace, together with
he successful military operations, have caused a
wavy decline in gold and stocks.

NEW YORK, JAN. 21 (Morning)

Thomas and Hardee, with 20,000 men, are re-
ported to be in a strong position 20 miles above
Hardeeville on the Savannah river. Federal tran-
sports have ascended the river, carrying troops in
that direction.

Augusta papers assert that Johnston has been
reinstated in the command of the army of the West.

President Davis has written a letter to the Presi-
dent of the Georgia Senate opposing separate State
action for peace. He says that the Confederate
Constitution provided the only practicable mode for
the negotiation of peace. The difficulty is not to
find an agency to negotiate peace : the obstacle is
that the enemy will not treat at all or entertain
other propositions than that the South should sub-
mit to acknowledge themselves criminals and sue
for pardon.

The Confederate House of Representatives have
appointed a committee to prepare an address to the
Southern people assuring them of the unalterable
determination of the Congress to continue the
struggle for independence.

The House of Representatives have passed an
amendatory loan bill reported from the Committee
of Ways and Means to issue legal tenders restricted
to the amount authorised by the previous Act.

The City of Balthnore has arrived out.

NEW YORK, JAN. 21 (Evening

Money easy. Gold, 2031. Exchange on Lon-
don, 2251; on Paris, 2124. Stocks lower. New
York Central, 1071 ; Illinois, 1134 ex-dividend ;
Erie, 70/. ; 5.20 United States Bonds, 1081 Cotton
*lining. Middling Upland, 98. Flour, wheat,
corn, and provisions declining. Coffee heavy. Sugar

quiet. Molasses heavy. Petroleum very dull ;
crude, 47 ; refined, 67.

CANADA.

OPENING OF THE CANADIAN PAELLA.-

MENT.

QUEBEC, JAN. 20.

The Canadian Parliament assembled yesterday.
The Governor's message states that a bill to arm
the executive with further powers to deal with
political refugees who abuse the Canadian Asylum
by committing outrages on the border, will be pre-
sented to Parliament. Regarding the Confedera-
tion of the provinces, he says that circumstances
afford the opportunity, not only for the settlement
of the question of provincial republics, but also for
the simultaneous creation of a new nationality. A
plan for the constitution of the Confederation will
be presented to the Parliament, which plan has been
approved and sanctioned by the Imperial Govern-
ment.

The Toronto Court has declared Burleigh, the
Lake Erie raider, guilty of robbery, and that he
must be given up under the Extradition Treaty.
His counsel has applied for a writ of habeas corpus.

PRUSSIA.

BERLIN, FEB. 1.

The Bill regulating the strength of the army in
time of peace and the length of military service has
been submitted to the King by the Ministry, and
approved by his Majesty. It will be brought for-
ward in the Chamber of Deputies next week.

ITALY.

TURIN, JAN. 29.

The following Bill granting an indemnity to the
sufferers by the September disturbances in this city
has been brought forward in the Chamber of
Deputies by Signor Boggio
" Natural equity and social justice require that
the State should indemnify citizens for injury un-
justly suffered in the public cause.
" The Chamber by its vote of the 23d January,
1865, has declared that the victims of the events of
the 21st and 22d September were blameless.

'The families of these victims are, for the most

part, very poor.

" It is just and incumbent upon the State to aid
those who, through having lost their support by
death or being rendered unable to labour, are now

plunged in extreme misery.

" In order, therefore, to effect the fulfilment of
this duty, I propose the following law :
" Art. 1. A life pension of 600 lire annually,
dating from the Ist October, is granted to those
persons who, on the evenings of the 21st and 22d
September, 1864, received such wounds in the
Piazza Castello and Piazza San Carlo of Turin, as
for ever to incapacitate them for further labour.
" A pension of equal amount will be accorded to
the widow, children, or descendants of any person
who may have lost his life on that occasion, or died
subsequently from wounds he may then have re-
ceived.

" Art. 2. To those sufferers who may have been
temporarily incapacitated from pursuing their avoca-
tions by the events in question, a temporary allow-
ance is granted at the same rate as stated for the

pensions in Art. 1.
" Art. 3. To provide for these pensions and allow-
ances, the sum of 60,000 lire will be charged in the
Finance Balance for 1865." '