The Sun.
London, England, 1854-09-21 00:00:00

PRUSSIA.

BE&LIN, Sept. 18.—The Russian advocate at 04
placa has an article upon the consequences of suc-
cess or defeat of the Crimean expedition. As si
matter of course, it regards the latter as most pro-
bable, but nevertheless admits the possibility of
the former, and thereupon sums up all results ill
the following terms:—
" Should the operation succeed, and Sebastopol be
overcome, the consequence will certainly be of great moral
and material detriment to Russia. But in the first place
the victors will not be able to exhibit a single plank o'r
the fleet as a trophy, because the whole will certainly be
delivered to the flames rather than surrendered. 2dlY.
the event will produce immense merriment in Old Eng-
land, and not without reason, because the (Russian)
Pontus fleet must be repugnant to it in every point
It
0,
view. Nor will France have cause for uneasiness.
may and will find compensation for sacrifices in the at-
tainment of gloire militaire.' And this is the utmost
extent on all sides of the results of the great sea expedi•
tion. under the most favourable circumstances."
You have been already informed by telegraph 01
the arrival of Prince Danilo's plenipotentiary here,
entrusted by his princely master with a very deli'
cate mission, viz., a proposal of submission to
Austria; on the receipt of certain pecuniary con-
siderations. A letter from Cattaro, in to-day's Ost
Deutsche Post, comes very opportunely to throvr
a little more light on the matter. The plain
matter of fact is that Danilo, finding himself de-
serted by his Russian friends, is fearful of being,
left without a support in these troublous times, anda
has therefore sent his representative here to so'
the protection of Austria. One very curious piece
of information is given in this letter, and this iso
that the plenipotentiary likewise brings a docu-
ment for despatch to the Emperor Nicholas, by
Prince Gortschakoff, which is said to be written in
a deprecatory spirit. Montenegro is quiet. The
Turkish frontiers continue to be strictly watched.
The following telegraphic despatch has been re'
ceived here
VENICE, Sept. 15.—The sanitary condition of
Upper Italy is satisfactoly. At Genoa, on the
13th, the cholera had almost disappeared, only
three cases having occurred. This is the case at
Leghorn. Several murders are reported to have
been committed in open day in various towns (3'
the Papal States.

THE AITSTRO-PRUSSIAN TREATY.
The Journal de Frankfort contains the foliar'
ing :--
"Although it was only through indiscretion that the
Gazette of Silesia was enabled to publish the questions
recommended by the Austrian envoy, presiding at the
Germanic Diet, to the deliberation of the united °VI;
mittees of that Assembly, it is nevertheless certain that
public opinion in Germany will reply to all these de-
mands without exception, by an energetic affirmation.
It is incontestable that, notwithstanding the mornentel
abeyance of the third point of the additional article 0
the treaty of alliance offensive and defensive, the latter
will continue to exist so long as the present war shall
last, and that it consequently protects the contracting
parties against any attack of which one might bee°llll
the object. Conformably to that treaty Austria must
have the assistance ot Prussia, and the Germaol,e
Confederation so soon as she shall be attacked,
without her having herself assumed the offensive'
The clauses of the treaty on this subject are clear'
and in no way equivocal. As the occupation of the
Danubian-Principalities is not an offensive action and All
attack against Russia, it follows from it that, if Russ,la
.
were, in consequence of that occupation, to attack to:
Austrian territory, Prussia and the Germanic Confede.,
ration would be bound, in virtue of the alliance of April
20, to a-sist Austria. This is the more certain, as
Prussia and the Confederation have engaged to cover
the rear of Austria in case her armies should attack the
Russians in the Principalities in order to compel their t°
evacuate. It certainly cannot be concluded from the
fact of the Russians now finding it for their interest 0
accomplish that evacuation, that if at a later period they
should find it to their interest to drive the Austrians
from those Principalities, and to obtain a strong military
position by the conquest of the Buko wine and Transylvania,
the treaty would not apply to such an attack against the
Austrian territory. It must not be urged that Russia, in
despatch of the 26th ult., declared that she would re'
main on the defensive, and that, consequently, no at-
tack on her part was to be feared. Those statesmen
would show themselves very imprudent who should, for
the future, place absolute faith in such a declaration. As
soon as she can Russia will seek to regain possession of
the principalities, for the acquirement of which she has
so long laboured with much zeal and perseverance. 14
by a non-success of the expedition against the Crime*
Russia should again have her hands free, no one csi.l3,
say what enterprise she would not again enter on. It
cannot then be pretended that all danger of an. at'
tack of Russia on the Austrian territory has doer
peered. But it may be affirmed that the occupation
of the Danubian principalities by the Au-t ian troops
does not afford to Russia a legal motive for making
war on Austria. For though that occupation 11°
i
doubt deranges Russian plans, it dues not violate °
any respect the rights of Russia, especially as tat.
power had at the beginning no legitimate title to the
occupation of those provinces. By that act, the source 01
so many complications, Russia forced Turkey to war 1
and she is consequently herself the cause that .00
treaties existing between her and the Porte, including
those relative to the Danubian Principalities, have
expired. By that expiration the Sultan, the legitonstbo
sovereign of those provinces, acquired the rig; e.
conclude with Austria the convention of the 14th Jun.
The Austrian troops then enter the Principalities 1.
virtue of a treaty concluded with their legitimate r.,°„ed
reign. And as Russia, in consequence of the anno"1";
of all her treaties with Turkey, has no sort of right oc
the Principalities, it is clear that the entrance of 0:
Austrian troops does not violate any right of gust be
and that that measure can consequently in nowise for
considered as affording her a legitimate meti-Y°
declaring war against Austria. It is, therefore, 10;
testable that an attack of Russia on Austria, (1° c,
count of the occupation of the Principalities, would
unjustifiable, and that it would consequently fall wit.ca.
the provisions of the treaty of the 20th April--Pertnili an
larly as by that occupation Austria protects Ger:th
interests, and as that act has been accomplished
"
the entire assent of Prussia."

AUSTRIA.
VIENNA, Sept. 17.—Some of those Prils9ira
papers which are known to be more or less in, tci
uection with Government have recently hill
that the difference of opinion between the Austritro
and Prussian Cabinets in reipect to what ought -0
be the foreign policy of the German Confederatio t
is no longer so great. The Prussian Gov-cram:
rlid
evidently believes that the recent announceinell",
its determination not to share in any coercive In'of
sures against Russia has shaken the resolution .a
this Cabinet. The retrograde movement of Pratio
cannot but be a source of great annoyance to 44
Government, but a faint hope is still entertained 6,
the other German States may be induced to giv
Austria that support which the Berlin Cabinet I°.
fuses. In reality the policy of the German Confede.:
tion is a matter of inferior importance to the Westerilib
Powers, but notso to this empire. Austria, althongf
not actually at war with Russia, has deprived h 11,
that material pledge to which such extreme
portance was attached by the head of the house j'd
Romanoff, and therefore common prudence ic?ut"i
seem to require that she should conclude an inn-ci.
mate alliance with some power or powers able "'co
willing to assist her in case of need. Experieljn-ce
has taught this Government that no dePenueFre
can be placed on the German Courts, and there.°ter
we are, not greatly surprised to read in a lev'er.
received by the Hamburg Nachrichten, from '-' of I
lin, that at the beginning of August, 4i a treaters
alliance between Austria and the western 13°I,Iireett
had been prepared in Vienna, and was to have off
signed on the very day before Prince Gortsche'aid
officially announced that both principalities we,b,t
be completely evacuated." It cannot be dollbted that
g neotiations for a treaty of alliance have been g°not
on between the three great Powers, but it it to
likely to be concluded until this Governnial,•oll,
lost all hope of forming a satisfactory conveay.
with Germany. the
In its leader of this morning the Presse has
following passage : • the
" With Sebastopol destroyed, and Austria no
Principalities, neither Turkey nor the rest of Bur°4o
will have anything to fear. A few skirmishes in the
Crimea or the Caucasus will be of as little importance
Wow
France and England as would be a campaign If re- t
,- th tin Kabyles or the Burmese. Russia alone
mark by the blockade of her ports that the war Was 6/
going on." reit
The Vienna writer is not • gifted with any g
share of political sagacity, or he would foresee t
if Sebastopol should fall, and Russia still rerate;
obstinate, Austria alone will be exposed to
attacks.

THE INACTIVITY OF THE ALLIES.rto
The Lloyd contains the best apology hithe
made for the prolonged inactivity
of the r"
W hen first the expedition arrived its object was
to
defend Constantinople ; subsequently it was sin •;
Varna, in order, if necessary, to relieve Silistr.t..;
and it was not until Prince Gortsehakoff had fay t
fully promised to evacuate the Priueipalitio

serious preparations for quitting Bulgaria could be
made. The Vienna journalist affirms that the ex-
pedition can hardly be said to be directed against a
" first-rate fortress," in the true sense of the ex-
pression. The line of defence of the Russians is
enormous, and the nature of the soil is such that
" the intrenclied works constructed by the Rus-
Siang on the land side during the last few mouths
cannot be very formidable." "The attack on Sebas-
topol, continues the Lloyd, "is a bold but not a
rash enterprise, and, if it succeeds, the war in the
east will assume a totally different character."
" Russia fights at Sebastopol, not for the Crimea
alone, but for Bessarabia, all its possessions in the
Black Sea, and, indirectly, for Finland."
The total amount of the subscriptions to the Na-
tional Loan is 506,788,477 florins.

The Lloyd of Vienna gives the following inte-
resting letter from a resident at Odessa :
" ODESSA, Sept. 7.—1 entrust this letter to a friend
of mine who is flying to Tirasopol with many more resi-
dents of this place, alarmed at the threatening position
taken up by the ships of the enemy near our harbour.
The half of the inhabitants have already fled into the
interior of Russia, in order to escape the frightful can-
nonading:, that has already thundered several times in our
ears. Ships after ships have been collecting since yes•
terday in sight of our menaced city. Several of them
have to-day drawn up in battle array and commenced
ball practice. At first our commandant, General An-
nenkoff, thought the enemy was going to attack us, and
so kept our garrison under arms. But after a brief recon-
naissance the true state of the case was seen. The enemy
has not yet attacked us, but we hourly expect that he will
do so. A large number of ships is steering to the west.
The enemy will, it is certain, menace every point of the
Russian Euxine coast simultaneously, so as to keep our
army everywhere on the alert. Akjermann, Odessa,
Oczakov, Kinborn, Eupatoria, Sebastopol, and other
places as fall'as Anapa will have to prove the wrath of the
hostile powers. Prince Menschikoff has exhausted every
means of defence in order to render Sebastopol impreg-
nvble by sea and land. Between Sebastopol and Balaklava
are strong detached forts have been built, which are
manned by a corresponding number of troops. The road
from Balaklava to Jalta has been broken up here and
there, and mined. The reach of coast from Sebastopol
to Eupatoria is defended at irregular intervals by six
batteries. Round Eupatoria three forts have been
built, north, east, and south. This place is garrisoned
by 15,000 men. The heights round Sebastopol are sur-
rounded. with- trenches and ditches, crowned with 18
batteries, and defended by 20,000 men. The garrison of
Sebastopol amounts to not more than 10,000 men ; and
if you add to them the crew of the fleet, the place itself
will be defended by. 25,000 men in all.. Prince Mens-
chikoff has prepared his people for the worst in a procla-
mation be issued on the 3d inst. lam not able to send
You the text of it, but I can be answerable for the
tenor of the contents, which I have from a military man
who is a friend of mine. The Prince begins by enume-
rating all the ♦ictories the Russians have gained in the
Course of this century, and exhorts the soldiers, by their
valour and power of resistance, to win similar victories
over the enemy. Should the latter, however, by an un-
alterable decree of heaven, pass onwards and gain the
victory, then all the powder magazines are to be blown
1113. Sooner death than yield to the foe, is the sentiment
which winds up the proclamation, Our army is much
dis;irited. The news of the fall of Bomarsund has not
failed to cause a depression of tone among the military
of all ranks. Rather large reinfoi cements have arrived
within the last few days from the interior of Russia,
Particularly from the district of Novgorod. They, don't
remain here, however, but go on to Oczakov and
Cherson. Troops have also arrived from the army of
the Danube."

PERSIA.
The Ottoman Government has inserted the fol-
lowing rectification in the Constantinople Journal :
"The Constantinople Journal, in its number of the
4th of September, announces on the faith of a corres-
Pondent from Trebizond, that his Excellency Ahmed
Vefik Effendi, ambassador of the Sublime Porte at
Teheran, had arrived on the 25th of August at Erze:
room, after having broken off his relation 3 with the Per-
sian Government.
" This news is false, and requires more particularly a
formal contradiction, because the censorship bad for-
bidden the publication of it. The last despatches from
Ahmed Vefik Effendi are dated from Teheran. Besides
this, the Persian Chafe d'Affaires has addressed a
formal complaint on the subject to the Sublime Porte?'

DENMARK.
A letter from Copenhagen, 15th, in the Moniteur,
says :—" The Danish Government has lately 'iven
repeated marks of sympathy and good-will towards
the French navy, which has been warmly applauded
by public opinion. Amongst them is the order
spontaneously sent to the authorities of Jutland to
render every possible assistance in saving a vessel
laden with provisions for the Baltic fleet, which
had got ashore, and also the sending a steam-tug
to assist the Vengeance frigate. The King of Den-
mark has added to these friendly proceedings of
his Government in conferring on M. Ducos, the
French Minister of Marine, the grand cordon of
the order of Danebrog."

will be to cinistruct a sort of entrenched Place darmes,
I to protect the troops in the successive circumstances
of the landing, as well as the placing in store the pro-
visions and ammunition—a difficult operation, which
will occupy several days. In fine, a part of the fleet,
consisting of fifteen ships of the line, is destined to block
up Sebastopol in case the Russian fleet should attempt
to issue out to prevent or impede the landing. We
may add, that a reserve of 40,000 and the cavalry of
the army, 6,000 strong, are ready at Yarna and
Bourgas. As soon as the army shall have consoli-
dated its point of landing, the ve-,sels which are dis-
posable are to go and fetch this reserve, which will place
the total of the army at 116,000 men. . These arrange-
ments, most admirably calculated, and the ardour which
animates the troops of the three nations, inspire us
with the best hopes. Without any vain boasting,
we look on this Anglo-French army as infinitely supe-
rior to the Russian one in feeling and determination ;
and we await with security, though not without lively.
impatience, the news of the great feat of arms which at
the present attracts Cie attention of all Europe."
MARSEILLES, SEPTEMBER 18.—No embarkation
of troops, cannon, or ammunition has taken,
place here for some weeks past, the transports
engaged for that purpose and which formerly
crowded our docks being now employed in the
grand expedition to the Crimea. Every steam-
packet, however, which sails hence for Constanti-
nople takes a full freight of provisions and medical
stores for the attny of the East. The mail steam-
packet Nil, which sailed on the 11th inst. for Con-
stantinople, bad a few first-class passengers, and
among them a colonel of dragoons. The private
company's steam-ship Sully, which sailed on the
14th, for the same destination, took no passengers.
The Sinai, which sailed on Saturday last, was
rather crowded with passengers, civil and military,
proceeding to the Piraeus and Constantinople.
The mail steam-packet Egyptus, which arrived
on Friday last from Constantinople, brought se-
veral invalids, both cavalry and infantry. Their
appearance is most wretched. I have seen skeleton
regiments landed at Gravesend after several years'.
service in India; apparently not so emaciated as
those poo4 fellows who sailed from this only a few
weeks since in the full vigour of .youth. Lord de
Ros, with his staff, arrived here on Saturday by the
Vectis from Malta, and has pursued his journey to
Paris.
The mail packet Soamandre sailed on Saturday
for Alexandria, having among other passengers
Artin Bey, formerly Prime Minister of Mehemet
Ali, and Monseigneur Le Roy, Bishop of Alexan-
dria.
General de Rostolan reviewed yesterday the few
troops composing the garrison of Marseilles. Pre-
vious to their defiling he presented the Cross of
Officer of the Legion of Honour to M. De la Bro.
quera, Chief Commissary, a dignity conferred on
him by the Emperor as a mark of his approbation,
for the efficient manner in which the supplies have
been provided for and forwarded to the army of
the East.
The mail steam-packet Gange arrrived here this
morning, bringing letters from Constantinople of
the 10th ; Athens, the 12th ; and Messina, the
15th.
The division of General Levaillant, which was
encamped at Gallipoli is to be sent to Asia ; the
division of General Forey remains at Varna.
The Three per Cents. closed yesterday at 74f.
85c. for the end of the month ; the Four-and-a-
Half per Cents., at 98f. 75c. ; and the New Loan,
at 74f. 70c. ; Orleans Railway Shares, 1,235 f. ;
Rouen, 977 f. 50c. ; Havre, 592 f. 50c. ; Great
Northern, 867 f. 50c. ; Strasburg, 820 f. ; New
Shares, 652 f. 50c. ; Paris and Lyons, 993 f. ; Lyons
and the Mediterranean, 870 f. ; Western of France,
672 f. 50c. ; Bordeaux and Cette, 621 f. 25c. ; Great
Central of France, 521 f. 25c. ; Lyons and Geneva,
540 f. ; Bank of Credit Mobilier, 745 f.

MONEY

MARKET

AND
00M .31-E_RCIAL INTELLIGENCE.

CITY, TVQO o'CLOCK.

The sales of cotton at Liverpool yesterday
were estimated at 8,000 bales, including 1,200
American and 500 Surat taken for export and on
speculation. The market was heavy, without
alteration in prices. The sales comprised 6,500
American, 300 Pernam and Maranham at 6id.
to 6/d., 100 Egyptian at 61d. to 61d., 1,500 Surat
at 3d. to 41d., and 50 Sea Island at ls. to 2s.
id. per lb. Railway shares were dull.
The number of ships from foreign parts arrived
in the Thames yesterday was 26, and from Ireland
2, besides 16 colliers.
The demand for money which still exists, the
best bills being done at 5 per cent., can scarcely- be
taken as a proof of more activity in trade, since
very little is doing beyond what is required for
present purposes, an almost entire absence of
speculation being observable. Nevertheless money
is in demand, and we should make this im-
portant distinction, that there is no scarcity, the
bankers being amply provided with means ; con-
sequently, it is want of confidence that is chiefly
observable. The numerous failures in the United
States, with the recent stoppages at Manchester,
will interfere materially with the negotiation of a
certain class of bills, and indirectly act upon paper
of a different character by raising the terms for dis-
counts generally. Happily, our own position in
the matter of food supplies is inherently sound,
and there is, therefore, but little to apprehend for
the country at large.
A most extraordinary and unjustifiable state-
ment appears in the Journal de Constantinople,
that the promoters of the Bank proposed to be esta-
blished by British and French capitalists in that
city have renounced the rights and privileges
secured to them under the firman which was issued
in their favour. The document inserted in the
journal in question is not signed, and is pronounced
by the promoters to be a fabrication pure et simple.
SO far from having renounced their privileges, they
are resolved to adhere to the firman, and feel con-
fident that justice will eventually be done them.
There is an opportunity of quick despatch for
letters to the Cape of Good Hope, if posted before
to-morrow evening. Her Majesty's steamer Hor-
net takes a mail, and the charge per half ounce will
be ls., newspapers going free. It is probable that
by way of the Cape letters would reach St. Helena
also sooner than if they were forwarded thither
direct from England per sailing ship.
The improvement which occurred yesterday after-
noon in Public Securities, upon the favourable
news from Sebastopol, has been confirmed this
morning, Consols being 951 to / for transfer, and
having opened at 96 to though since 951 to 96
for account. Exchequer Bills have been done at
65., and India Bonds at 7s. premium. The Ex-
chequer Bonds of 1858 have been 99/
Foreign Stocks have been inactive. Spanish
3 per Cents. have been at 374 to 38, and the New
Deferred at 18:1. Mexican Bonds have been steady
at 25. Russian 41 per Cents. have been 88 to 89,
and Dutch 4 per . Cents. 94k to 95. Sardinian
Bonds have been at 88. The Turkish Scrip has
been at 31 to 3i premium.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 6 to 6 ;
Mexican, 24l to 241 ; Peruvian, 70 to 72 ; ditto
3 per Cents., 51 to 53 ; Portuguese 4 per Cents.,
40 to 42 ; Russian 5 per Cents., 98 to 100 ; ditto
4 per Cents., 88 to 90 ; Spanish New Deferred,
18/ to 19 ; ditto 3 per Cents., 37i to 381; ditto
Certificates, 5 to 5i ; ditto Passive, 4 to 4k.
The last week's railway receipts ascertained up
to this day are in round figures as under
1854. 1853.
Great Western
North-Western
South- Western
Brighton . 15,822 15,476
Midland
South-Eastern
Caledonian
Great Northern 19,849 18,677
Lancashire and Yorkshire
In Railway Shares the transactions have been
more numerous, and advanced prices have
been' obtained for the principal lines, including
more prominently the South Eastern, Great
Northern, Lancashire and Yorkshire, and North
Eastern. Foreign shares aro steady.
The Gold Mine Shares have been merely nomi-
nal, the banks very firm, and Crystal Palace
higher.

25
St.
20
St.

81231

BRITISH FUNDS THIS DAY.—CLOSING PRICES
( Prom the List.)

Bu. iness done.
1 per Cent. Reduced Annuities 954 with d. for mon,
3 per Cent. Consols Annuities 958
India Bonds, 21000 ...... .„ 7
~..,ousols for Account 17th Oct. •96 5k 65i
Exchequer Bills, 2d.
11000
2500 6 9 p
gmall 6 9 p
Exchequer Bonds 1858, 3i per Cent. 99i

PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent lOll
,lexicau 3 per Cent.
Russian Bonds, 1822, 5 per Cent, £ St
Ditto 4:1 per Cent s39 8
Sardinian Bonds, 5 per Cent BB
Spanish Bonds, 3 per Cent 374 8
Spanish New Deferred, 3 per Cent. lst
Turkish Scrip
Ditto for the Account
Dividends on the above payable in London.
Dutch Exchange, 21 per Cent. 12 Guil —
Ditto 4 per Cent. Certificates _
THREE O'CLOCK.

St.
10
St.
25

Consols
95}
Ditto October Aeconut ............. 95i 6

10
5
20
20

MARKET IVEWS—(THIS DAY.) I too
100