The Sun.
London, England, 1865-09-30 00:00:00

FR 4NCE.

BOURSE, Sept. 29.—Two o'Clock.—The tone of
the market is better to-clay. Threes, for the Ac-
count, are quoted 68fr. 45c., with an advance of
10c. Italian Fives aredoing at 65f. 45c., an aug-
mentation of 20c. Transactions in Credit Mobilier
Shares take place at 860 f., showing an improve-
ment of 16fr. 25c. Sptnish Mobilier have also ob-
tained an advance, the Fesent quotation being
512 fr. 50c. ImMobiliere Shares have risen Bf. 75c.
—viz., to 542 fr. 50c. Comptoir d'Escompte are
doing at 998 f. 75c. to I,oooofr. and New City
Bonds 471 f. 25c. to 472 fr. 20c. Three o'Clock.—
The market has been buoyant, and the close has

taken place, at the follow,
4} per Cents 96 25
Do. end month —
3 per Cents. 6B 04
Do. end month 6B 55
Credit Mobilier
Do. end month
Bank Shares 3595
Credit Foncier 1340
Italian Loan 65 30
Do. end month 65 50

ing quotations:—

Ditto Throes —
Roman
Mexican Loan
_s2i

Do. Elands 340.
Russian -
Austrian
Spanish Threes
Home Debt
Deferred

VATS.
Cash. Amt.
845

Orleans
Northern
Lyons and Mediterranean
Southern
Western
Eastern
Sardinian
Austrian •
Lombard
North of Spain
Saragossa
Ditto to Barcelona
Roman

- - ... 1092 50
- - 875
- - ... 566 25
- - ... 547 50
- - 333 75
- - ... 248 75
- - ... 402 50
- - ... 465 25
- ... 216 25
- - ... 310 -

- - ... 220 -

AMERICA.

(REUTER'S EXPRESS.)
(Per Scotia.)

NEW YORK, Sept. 20 (Morning.)

The message of Governor Perry to the South
Carolina Convention is this morning published.
The Governor calls the attention of the body to the
generous and patriotic solicitude manifested by
President Johnson for the restoration of the South-
ern States to all their civil rights. Slavery is pro-
nounced dead and beyond resuscitation, and the
members are admonished that they must recognise
this fact and ratify it by constitutional amendment
before the State can have Congressional representa-
tion. The Governor urges kindness towards the
freedmen, and predicts that the State will be far
more prosperous without slavery. lie, however,
strongly opposes negro suffrage, maintaining that
this is a whiteman's Government only. He states
that thus far his policy has been fully approved by
President Johnson.

In Alabama a party of national soldiers were
atta el:pa hile gathering Government cattle near
Gaylesville by a sheriff and posse of men. One
soldier was killed and 13 of the sheriff's men made
prisoners. The cause of the collision was not stated,
but a thorough investigation of the matter had been
ordered by Governor Parsons and General Thomas.
The following letters from Secretary Seward
to Minister Adams concerning the Confederate
Loan have been published :
" Department of State, Washington,
March 13, 1865.
" Charles Francis Adams, Esq., &c.
Sir,—An impression is understood to prevail in
Europe, especially among the holders of the insur-
gent loan, for which cotton was pledged as security,
that in the event of the restoration of peace in this
country, this Government will assume the public
debts of the insurgent, or certainly the particular
debt referred to. It is believed, however, that no
impression could be erroneous. There is no likeli-
hood that any of that debt will be assumed or recog-
nised by the United States Government. It is ad-
visable,
therefore, that by any proper means at your
command you should undeceive the public in Eng-
land on this point.
" I am your obedient servant,

" WILLIAM H. SEWA RD."
" Department of State, Aug. 10, 1865.
" Charles Francis Adams, Esq., &c.
" Sir,—l have the honour to acknowledge the re-
ceipt of your despatch No. 1,022, together with
papers which contain an interlocutory decree which
has been made by the Vice-Chancellor in the
suit of the United States against Proilean and others,
which suit was instituted for the recovery of 1,356
bales of cotton. The Vice-Chancellor is understood
to have affirmed the title of the United States to the
property in question. It is with his judgment, and
not with the reasons he assigns for such judgment,
that the United States are concerned. In this view
of the subject it might seem proper for this Govern-
ment to leave the subject unnoticed. The frankness,
however, which ought to be practised in the proceed-
ings of States requires an explanation of the views
which this Government has taken of the questions
which the Vice-Chancellor has discussed in his rea-
sons before mentioned. The United States do not
admit that the combinations of disloyal citizens
which have raised the standard of insurrection is
now, or at any time has been, a government de
facto, or in any sense a political power, capable of
taking, giving, holding, or maintaining corporate
rights in any form, whether municipal or interna-
tional. It is true that a different view of the cha-
racter of the insurgents has seemed to find favour
with some portions of the British nation, and even
with the British Government. It must be remem-
bered, however, that as often as that antagonistic
opinion has been advanced by her Britannic Ma-
jesty's Government in its intercourse with the United
States, it has been firmly, though, as we trust, cour-
teously denied. The United States controvert and
deny the declaration of the Vice-Chancellor that
there are " successors" of the rebellion ; and, on the
contrary, they maintain that they are now, and
during all the time of the rebellion have been, just
what they were before the rebellion began, a sove-
reign state, absolutely entitled to the regula-
tion and control of all property and per-
sons within the United States, subject only to
the limitations of their own constitution. It
need hardly be said that the United States will hold
themselves under no obligation whatever to accept
or to so conform their proceedings to the conditions
which the Court of Chancery, or any other muni-
cipal court of Great Britain, may have the presump-
tion to dictate or prescribe in the present or any
other legislation. They claim and insist upon the
restoration of the cotton now in question, and while
they are content to receive it, through the decree of
the municipal tribunals of Great Britain, they in-
sist upon the absolute right to the same through the
action of her Britannic Majesty's Government.
You may instruct the counsel who are acting in
behalf of the United States the views herein ex-
pressed. Her Majesty's Government have not in
any way made themselves responsible for the posi-
tion assumed by the Vice-Chancellor, and therefore