The Sun.
London, England, 1865-12-07 00:00:00

THE SUN, LONDON, THURSDAY EVEAING, DECEMBER 7, lEEE.

subjects. Admiral PAREJA disposes of this by in-
timating that no interests of neutrals can be allowed
to stand in the way of Spanish dignity, and he
adds that there will be no grievance to com-
plain of if the neutrals have warning to
remove their property from the edifices
likely to be attacked. He himself, he asserts, will
only carry out the instructions of his Government
whatever they may be, and he plainly intimates his
opinion that these instructions will tend to the
bombardment of Chili. " The object of these
hostilities," he says, "is to inflict upon Chili the
greatest possible damage, iu order to compel her to
satisfy the honour of Spain. It is therefore to be
feared that if the Government of her Catholic Ma-
jesty does not obtain this satisfaction by means of
I the blockade, it may direct me to another class of
hostilities." Whether this is intended as a
threat to frighten the Chiilians and to urge
the diplomatic body to endeavour in the
interests of their own countrymen to induce the
Republic to submit, or whether it is actually indi-
cative of the Spanish intentions, may be questioned,
but the whole tone of the Admiral's letter is most
unsatisfactory. He concludes by declaring that
this reply to the British Minister's remonstrance is
intended to call the attention of those engaged in
foreign commerce to the state of affairs, that they
may guarantee themselves from all loss in the hosti-
lities between Spain and Chili, as if it were pos-
sible for any precautions to avert the damage occa-
sioned by a suspension of the ordinary traffic of
commerce. It is very evident that it will be a
troublesome matter to induce Spain to hear reason,
but it is a task which we cannot possibly shrink from,
since the enforced submission of the gallant little
Republic would be not only a present disgrace, but
a dangerous precedent for the future. This is a
case in which duty and interest are on the same side,
so that there need be no weighing of arguments or
hesitation in the matter.

The City of Washington, from New York, brings
us news to the 25th of November. We learn with
satisfaction that the excitement about the Shenan-

doah is dying out, and the New York Times admits
that the Federal Government have no ground for
demanding the surrender of the crew, the American
Consul's acceptance of the surrender of the vessel
as a war vessel precluding any complaint on the
part of the American authorities. So that we see in
this case, as it would no doubt be in most ethers,
that a simple, decided, and straightforward course
is the best calculated to appease any anger and to
encourage international amity. The vacillation
and hesitating uncertainty shown by our English
Ministers in too many instances was doubt-
less much to blame for the unwarrantable
nature of some of the American demands, and gave
rise, naturally enough, to the very irritation they
were anxious to avoid causing.
The news from the various States continues to be
indicative of the restoration of peace and order, at
least in a partial degree. President JOHNSON has

informed the Governor of Mississippi that the troops
will be withdrawn as soon as it is manifest that
order can be maintained without them. The Go-
vernor, in his Message to the Legislature, recom-
mends that negro testimony should be received in
the courts of justice, which is indeed almost the
most important part of their emancipation, since
without it they are at the mercy of fraud and vio-

lence to an almost limitless degree. The Mis
sissippi Governor makes a good suggestion
respecting the vagrant blacks, which is that negroes
should be taxed for their support, a measure which
is likely to diminish the number. The Governor of
Alabama has also urged upon his Legislature the
abolition of slavery and the protection of the negroes,
so that the cause of emancipation is prospering.
General Fist has made a speech, where is not
stated, in which he repeated what he had learned
from the PRESIDENT respecting his views of the
negro question. Mr. JOHNSON, according to the
General, was fully resolved to see the freedom of the
negroes guaranteed, and to give them a fair chance,
though not very confident of their ability to profit
by it. The Freedman's Bureau would, he said, be
maintained until the Southern States resolved to deal
honestly and justly by freedmen. Notwithstanding
the PRESIDENT'S open advocacy of negro rights, he
does not escape the virulence of the Republicans,
who thus conclusively prove that their anxieties are
political and not humane, as tilt', would fain have
us believe. A Radical Republican meeting has been
held, we are told, in Dr. CIIEEVER'S Church, New
York, of all places in the world to select for a fiery
political demonstration, at which speeches were
made denouncing President JOHNSON'S reconstruc-
tion policy, and declaring him to be the counsel for
the rebel States and the upholder of Secession doc-
trine ! We may learn from this some of the diffi-
culties against which an American statesman has to
contend when he endeavours to rise above the
trammels of party and to consult the general inte-
rests of the country at large.

LA TEST INTELLIGENCE.

(RELTTER'S TELEGRAMS.)

PRUSSIA.

BERLIN, DEC. 7.

The Spenersche Zeitung of to-day contradicts the
statement of the Vienna Presse, that Count von
Bismarck has recently addressed letters treating of
political questions to the Emperor Napoleon and
M. Drouyn de Lhuys.

ROME.

ROME, DEC. 6.

A Pontifical decree has been published prohibit-
ing any premium being charged upon the current
coin of the Roman States, under a penalty of one
month's imprisonment, and a fine of 50 crowns. A
repetition of the offence will involve the closing of
the establishment and the seizure of the money,

BELGIUM.
THE KING OF THE BELGIANS.
BRUSSELS, DEC. 7.

The Moniteur Beige of this morning publishes
he following bulletin respecting the King's health

" Weakness continues to be the prevalent symp-
tom in His Majesty's condition.
(Signed,) " WINDIER,

Palace of Laeken, Dec. 6."

" DE ROUBAIX.

SWEDEN.

STOCKHOLM, DEC. 7.

In the Chamber of Nobles up to the present there
have been 17 speakers in favour of, and 11 against,
the reform of the Constitution. It is evpected that
the question will be put to the vote to-morrow.

Count Manderstrom has announced that, in case
the Government proposal should be rejected, the
Ministers would immediately bring in the same
measure in the form of a simple bill.

EGYPT.

CAIRO, DEC. 7.

The day before yesterday being the Viceroy's
birthday the Egyptian Minister for Foreign Affairs
gave a dinner to the corps diplomatique.
Yesterday his Highness reviewed the army, after
which a fete was given to the consuls and the Euro-
pean residents at Cairo.

FRANCE.
PARIS, DEC. 7.

An Imperial decree has been published to-day,
establishing a customs union and regulating certain
frontier questions between France and the Princi-
pality of Morocco.
The Rhone and the Durance have overflowed
their banks near Avignon.

BOURSE, Dec. '6.—Three o'Clock.—The market
has been weak since the opening, and prices in many
instances have receded. These unfavourable
symptoms are attributed to a fall of per cent. in
Consols, telegraphed from London. Threes, for the
Account, are now quoted at 69f. 2fc. Italian Fives
have declined 71c. Credit Mobilier are at 887 f. 50c.,
showing an advance of 2f. 50c. The price a prime
is 897 f. 50c. In the Railway Department Northern.
Shares show great firmness at 1,110 f., a rise of sf.
No noticeable variation in other shares. Three
o'clock.—After again falling to lower prices, the
market rallied for the close, which has taken place
at the following slightly inferior quotations :

41 per Cents —
Do. end month —
3 per Cents. 69
Do. end month C9
Credit Mobilior -
Do. end mouth
Bank Shares —
Credit Foncier 1332 50
Italian Loan 64 95
Do. end month 65 12
RA

Roman
Ottoman Fives 43 90
Mexican Loan 49 75
Do. Bonds 332 50
Russian -
Austrian
Spanish Threes
Rome Debt —
Deferred

Orleans
Northern

Acct.
... 831 25
... 1111 25

AYR.
Cash.

- - ... 537 50
- - ... 570 -

- - ... 518 75
- - ... 216 25
- - ... 431 25

- - ... 425 -
- - ... 163 75
- - 197 50

- ... 155 -