The Sun.
London, England, 1854-03-30 00:00:00

THE GREEK INSURRECTION.

According to advices from Epirus, of the 24th,
the insurrection was spreading, but the Turks still
held the fortresses.

Letters from Athens of the 24th say that Turkish
troops had reached Arta via Salaora, on the Gulf.
They had as yet only had one or two unimportant
rencontres with the enemy in Epirus and Thessaly.

The Turkish Minister had demanded his pass-
ports, and left Athens for Constantinople.
We have received from Athens, under date of
16th, some satisfactory accounts as to the state of
public feeling with regard to the insurrection of
Epirus. The people begin to comprehend clearly
the consequences of the demonstrations into which
the Napist party endeavour to lead them. They
now see that they were deceived when they were
told that they might rely on the sympathy of Eu-
rope, and the language which the French and Eu,
fish Governments have held towards that of Groec' e
has already produced a salutary effect. The pre-
sence of the two Western flags, and the announce-
ment of the approaching arrival of the French
troops on the Ottoman territory have cauwa the

most rash to reflect. The sufferings of commerce
and the perspective of still more severe trials act
with great force on the imagination of the people,
whom it was hoped to lead astray by appealing to
their religious feelings. Business is completeli
suspended ; the coffers of the treasury are empty;
a scarcity of corn is imminent, and from the Ill?'
ment when the benefit of maritim3 neutrality 15
voluntarily given up, the resources of foreign
markets can no longer be relied on. This wia
readily account for the resistance which the pro'
,
moters of this pretended national movement me°
with. Their efforts have failed in the Pelopones110:
The young Colocotroni, who had been sent to get
recruits, has been expelled from Megara and Co
rinth without having been able to get a single
partisan, although he had a considerable sum ?'
money at his disposal. some influential men, Ad-
miral Canaris, M. Riga, the Mavromichalis, Gene-
ral Kalergi, MM. Bulgari, Theotoki, and a number
of other persons well known for their patriotism,
have placed themselves at the head of this reaction'e
which is not less in conformity with the wishes 01
the great majority of the people than with the
interests of the country.

FRANCE.

ARRIVAL OF FRENCH TROOPS AT CON'

STANTINOPLE.

The following telegraphic despatch, dated Paris/
this morning, is published in a second edition of the
Morning Post to-day :
Four thousand French troops must have arrived
by this time at Gallipoli, and fifteen thousand have
sailed from Algeria to join them.
Fifty thousand will be assembled at Gallipoli
before the beginning of May, and measures have
been taken to reinforce them to any extent, if Ile'
cessary.
Marshal de St. Arnaud, the commander-in-chief
of the French expedition to the East, will, it le
said, certainly take his departure on the 4th et
April.

The great affair at the Legislative Chamber
still the application for leave to prosecute Count do
Montalembert. The report of the committee come°
to the conclusion, by four votes to three, to refuse
the authorisation ; but it is said that M. de Per'
signy, M. Baroche, and other official personagesf
have influenced the deputies so effectually that
there is no doubt that the Chamber will act as tb°
Government desires, and allow the Count to be
prosecuted. It is thought that M. Berryar will be
his defender before the court of law.
The Moniteur contains a declaration very sinii;
lar to that which put
forth, English Government has .
forth, declaring that, in the interest of commerce,
and for the sake of not oppressing neutrals, 0?
Government renounces its rights, as a belligerent
State, except in the cases of articles that are COn'
traband of war, or of the violation of a blockade.
Letters of marque will not be delivered.
The Moniteur of yesterday contains the folloiv
ing report, detailing the progress of the subscrir
tions for the new French loan :
" IMPORT OF THE MINISTER OF FINANCE TO THO
EMPEROR.

" Paris, March 2'
" Sire,—Your Majesty authorized me to open a public
subscription to the loan of 250,000,000 E, and from the
14th to the 20th of March the registers were opened in the
chief towns of the departments and the arrondissements
of the empire.
" I now give an account to your Majesty of the resolt4
of the subscription. France has nobly responded to the
confidence of the Emperor ; and, from the first day, tit!e
number, the eagerness, and the enthusiasm of the 811
scribers proved that they were not only actuated by theu
desire to invest their capital or their savings, but that in
the general movement which embraced the whole tern'
tory of the empire a sentiment of patriotism had a large
share. From the very first day the public subscription
became a national one.
" 93,000 subscribers have inscribed their names, and the
subscription amounts to 467,010,4.00 f.
" In this amount neither Algeria nor the subscriptions
of the last few days in distant arrondissements, are in
eluded. Tie amount from these sources, with the exec"
more
total of the subscription, will appear in a subsequent an'
more detailed report, bu, they will very slightly modifi,
the totals, and still less the proportions, which I am abolo
to submit to your Majesty. -
"The sum of 467,0 40,001 f. is shared as follows between
Paris and the departments, between the Four-and-110'
per Cent. Rente and the Three per Cant. Rente :
" Departments 250,000,000f.
" Paris
467,000,00'
" Three per Cent. Rente 308,000,000f.
" Four-and-a-Half per Cent
Rente
467,000,00'
" The 98,000 subscribers are divided in the following
manner between the departments and Paris

" Departments
" Paris

Subscribers.
72,000
26,000 1

98,000
" The number of subscriptions which do not exceed 50f•
of Rente is 60,000, and the amount 49,000,000 f.
" These figures do not require comment ; they speak for
themselves.

" The subscriptions having exceeded the sum of
250,000,000 f., there must be a reduction in the amain"
requested.

At first sight this reduction would appear to be a sub-
ject of regret, and it might be feared that it would be 11
disappointment and inconvenience to a portion of the sub"
scribers ; but it i 3 easy to acknowledge that this inconve-
nience is only apparent, and that it will not be sensiblf
felt by the greater portion of them.
" In the first place, all those whose demand did not eV
ceed 50f. of Bente will not have to submit to any redac-
tion in conformity with Article 6 of the law for carrYl4
the loan into execution. These amount to 60,000; that 15
to say, they form more than half of the total number.
" Besides this, of those who will be reduced, and t°
whom the portion of their payment corresponding Nvith
the reduction should be returned, all those whose cont'lv.
gent does not exceed I,ooof. of Rente may, according t°
the 4th and 6th article, avoid all return, by anticipatory
payment with discount, in pursuance of ulterior arrange'
ments.

" The reduction effected in subscriptions of a higher
amount need neither excite s.nxiety nor regret, for it Will
be applied to subscribers whose capital is movable and Nvh°
can easily find employment for it. The sums left to be
used will besides contribute by their subsequent employ'
ment to strengthen and raise the value of the public se"•
rities. As the subscriptions which do not exceed 50f.
Rente amount to 49,00,3,000, there will remain 201,000,000
to share between the others.

"Among the latter, it is requisite to distinguish those
which varying little above 50f. would go below that sum
they were reduced in the same proportion as the others:.
To these it is right, and in conformity with the spirit 4:3,
the subscription, to accord the minimum of 50f. of Rent°'
They will thus take a capital of 15,0J0,0)0f.
" According to this there will remain 186,000,000 f. to
share among the other subscriptions, and as they amount
to 392,000,000f.' the reduction to effect will be to the 02,-
tent of about 52 per cont.—that is to say, each of them
will be reduced to rather less than half. The latest lists,
which have not yet been remived at the Ministry of
Finance, will not occasion any sensible modification 011
this proportion.
" The reductions to be made will be effected by round
numbers of 10f. up to I,ooof. of Rente. Beyond tnat
amount they will be made by round numbers of 5,)f.
" The labour necessary to carry into effect this reduction
and the preparation of the personal certificates
of
with the greatest activity and without the loss
of an in-
stant, so that in a vary few days each subscriber may, a'
the counting-house where he has paid, exchange his pro-
visional receipt for a loan certificate, and receive the par-
tial reimbursement which is due to him.
"Thus composed of Three per Cent. and Four-and-a-
Half per Cent. Rente, thus shared between the depart-
ments and Paris, the departments having the greater por-
tion, thus divided between 100,000 shareholders, the loan
will from the first day be classified to a great extent. It
will, with a few exceptions, be in hands where it will re-
main as a solid and permanent investment, and eventually
it will be placed under conditions alike favourable to the
subscribers themselves and to the public credit.
" Your Majesty may congratulate yourself, I hope, for
having given your consent to the propositions which I 104
the honour to submit to you for the adoption and execu-
tion of this important measure. This happy innovation
has already produced two great results. By a direct appeal
to small capitalists it has enlarged and consolidated the
basis of our public credit; and, what is still more valuable,
it has given to France the opportunity and the means of
manifesting, in the most striking and unanswerable man-
ner, her will, her strength, her confidence iu the Sovereign
whom she has chosen, and her energetic adhesion to the
policy which he adopts under the important position which
Europe has assumed.
" I am, with the deepest respect, Sire, your Majesty's
very humble and very obedient servant, the Minister of
"
Finance. BINEAu."

- -- -
The Three per Cents. opened yesterday at 63f.
30c., fell to 62f. 80c., and closed at 63f. 20c. for
the end of the month ; the Four-and-a-Half per
Cents. closed at 89f. 65c. ; Orleans Railway Shares,
1,048 f. 75c. ; Rouen, 830 f. ; Havre, 425 f. ; Great
Northern, 75f. ; Strasburg, 685 E ; New Shares,
508 f. 75c. ; Lyons to Paris, 777 f. 50c. ; Lyons to
the Mediterranean, 642 f. 50c. ; Western of France,
555 f. ; Bordeaux to Cette, 498 f. 75c. ;
Great
Central orance, 400 f. ; Lyons to Geneva, 420 f. ;
Bank of Credit Mobilier, 490 f.
ff

SPAIN.
The Queen of Spain, accompanied by the King
and the Princess of the Asturias, went on the 23d
on her " pilgrimage" to the church of Atocha, to
decorate the statue of Our Lady of Atocha with
the collar of the Goldea Fleece, and the Grand
Cross of Charles 111.
The managers of the Bank of San Fernando had.
had an interview with the President of the Council
and the Minister of Finance, and had agreed to
advance the Government 50,000,000 reals at 6 per
cent.—the reimbursement to be effected out of the
revenue of the Havannah.
A decree had been published granting an am'
nesty to the insurgents of Cuba.
The Three per Cents. were done at 34 ; the I•lesr.
Three per Cents. at 18 ; the Debt of the First Class
at 8 1.0 ; and that of the Second at 4 30.