The Sun.
London, England, 1862-10-29 00:00:00

SHIPPING---THIS DAY.

LONDON, Oct. 29.—Wind this day at noon—North-
Westerly; moderate breeze, and fine weather, but rather
cloudy.

PLYMOUTH, Oct. 28.—Wind N.W.—Arrived—Her Ma-
jesty's ship Galatea, from Spithead, for Bermuda.

LOUGH FOYLE, Oct. 28.—Arrived—Jura, steamer, from
Quebec.

CAUDIFF, Oct. 28.—Wind S.W.—Arrived—Warden
Laro, from New York; Balmoral, screw steamer, from St.
Nazarre.

NEWPORT, Oct. 28.--Wind W.—Arrived—lndustrie,
from New York ; Kirkconnall, from Bristol, for St.
Thomas.

HARWICH, Oct. 28.—Wind N.W.—Arrived—Emerald,
from Mazagan.

(BY MAGNETIC TELEGRAPH.)

SOUTHAMPTON, Wednesday Morning.
Arrived—New York, steamer, from Bremen.
Sailed —Jeseph Hippolyte, for Charleston; Light and
Sign, for Aberdeen ; Tiber, for Newport ; Sophie, for
Charleston ; John Lucelle and Triumvirate, for Cardiff.

GRAVESEND, Wednesday Morning.
Arrived, Oct. 29—Ellen, from Guernsey; Swan, from
Havre ; William and Mary, from Guernsey ; Torzan, from
New York ; Idea, from Mazagran.
Sailed—Montrose, for St. Vincent; Providence, for St.
Michaels; Princess Royal, for Port Philip; Harkaway,
for Bombay; Louisa, for the Cape of Good Hope; Token,
for Lagos.

DEAL, Wednesday Morning.
Passed—Nonuse, schooner, from the north, for the west,
Fairlie, barque, from Havre, for London ; Queen of the
South, screw steamer, from London, for the Cape of Good
Hope.

Anchored—Claymore, from Alexandria, for orders (loss
of sails, and crew sick, having had heavy gales on the pas-
sage) ; Aurora, from London, for Buenos Ayres; Florist,
from London, for Liverpool.
Sailed—Persia, for London, in tow, and brig John, to
stop a leak ; and all the outward bound.

RHE BANK OF AUS7RIA.

A letter from Vienna, dated the 24th of October,

says :--

" The project for the renewal of the privilege of the Bank
was to-day brought before the Chamber of Deputies as mo-
dified by the Committee of Finances. It is generally ex-
pected that it will be adopted by a majority ; but it is to be
feared that it will not at once receive the approbation of
the other contracting party—that is to say, ~f the Bank, if,
ao is asserted, the Government intends to present it to the
management of that establishment to be eithe accepted or
rejected purely and simply without any ulterior negotia-
tions. And yet I hear that it will provoke some serious
objections, which may be thus stated :
" 1. The stipulation by which the 80,000,000 florins to
be lent by the Bank to the State in exchange for the
renewal of its privileges are not to bear the interest of
2 per cent, until the Bank has recommenced its payments in
specie. The Bank will not accept this stipulation because
the State,by not fulfilling its former obligations to the Bank,
might very easily itself put it beyond the power of that estab-
lishment to resume its payments. It must be owned that
the Bank is right.

"2. The duration of the privilege, limited to 10 years,
appears to it too short.

"3. The project wishes the State to participate, dating
from 1867, in the pr fits of the Bank as soon as they exceed
6 per cent. The Bank affirms that this participation should
not take place until the moment the debt of the State shall
be reduced to the 80,000,000 lent by it. This is equitable.
Moreover, the Bank claims that such participation of the
State in the profits made by it gives it no right to meddle
either in its administration or in the establishment of its
balance. It is right ;as also in claiming :
"4. That the State shall formally renounce the right of
issuing paper-money at forced currency.
" 5. Finally, the Bank consents that the payment (stipu-
lated bef-tre) of the 20,000,000 to be repaid to it by the State
in hard psh shall be prolonged, on condition that if the
State is to make this payment in bills on foreign States it
must make good all extra costs.

" For all these motives the other contracting party—that
is to say, the Bank, will at first refuse to accept the pro-
posed arrangement; but I repeat that in the fear of seeing
the privilege conferred upon another society, or its sphere of
action restricted by •he formation of provincial banks, it
will end by making the best of a bad bargain."