The Sun.
London, England, 1854-03-27 00:00:00

FRANCE.

The subscription for the new loan having closed
on the 25th, the Government has intimated that as
the subscriptions are considerably larger than the
amount required, a diminution must be made on
the larger subscriptions. It has consequently re-
, solved that the subscribers of 1,000 francs oaf Rente
or over, will only receive 55 per cent. of their s'ob'
scriptions; but that all subscriptions under 1,000 f•
of Rente will be taken without any diminution.
The closing paragraph of the article in ,the
Moniteur of Thursday, in which it is stated tb o'6
Russia, after having failed in London, came bat 1k
to the French Government and made advances 1
it similar to those proposed to England, and wit b
a similar result, naturally led to the inference tha
there were documents also in the hands of th 9
former which would be made public. It wa S
asserted that such was not the case, and that th e
advances, or rather bribes, held out to the Em-
peror of the French to induce him to join the spo-
liation of the Ottoman empire were of an indirect
character, and not made in writing. It is said,
however, that documents doreally exist, wh tich may
at some future day see the light, and that th tey were
actually prepared for publication in the Mc miteur,
but, on further consideration, withdrawn for the pre-
sent. The more important are said to consist, of two
memorandums communicated by the late I tussiall
Ambassador at the French Court to tile Govern-
ment. There is little doubt that these paPera
were drawn up with much care ; but it ap pears
that the proposals- contained in them we're, if • pos-
sible, of a still more tempting kind than those
con-
veyed to Sir Hamilton Seymour. They are,. 11l
fact, described as tres compromettants for thl3
peror of Russia. It is, moreover, stated that there
are despatches from the late French Ambas sacor
in St. Petersburg to his Government, whit h are
substantially the same as the memorandum is re"
ferred to. It is not said with certainty wh, sther
they will be published, but that will, perhaps y de"
pend on what the Journal of St. Petersburg 00
again say with reference to the " secret corres, poll;
dente" laid before the English Parliament. .7113'
journal made no allusion to the French Gov&
ment ; but should it commit the same act ,of fa 111
it has already done, the Government will, 11°
doubt, imitate the English Government, and cot a-
plete the exposure.
It is stated that a sum of 10,000,000 f. has b nee
advanced by the Emperor Napoleon to the Sul tali
to aid the public service until such time as the
sources of the new loan are available. It is add eat
that the money was advanced without hesitatioi 1.
It would appear that the sort of financial pay llc
in Paris already noticed has been exaggerated. 01
the failure of one house there is no doubt, but the
two or three others—one of them long establish. ea
and well known—are now said not to be in, the c.d.'
tical position that was feared. That house iRI a larg"
holder of shares in public companies, which, of oourse.,
suffer from the general depression of the money'
market ; but it is so far frow being insolvent; tbalP
on proper explanations being given, a considorabh3
amount of its paper has been discounted on the vsuail
conditions by the Bank of France. Moreover, the
fears of great scarcity are gradually vanishing, no
withstanding the difficulties in the corn trade, ar td
almost every post brings us information that tl
price of corn is falling, not only in France, bi
elsewhere.

The annual ball, under the patronage of tb e
British Embassy, for the benefit of the Britis
Charitable Fund in Paris, is fixed for the 19th (
April, and will take place, as usual, in the Jardi 32
d'Hiver, which will be brilliantly illuminated far
the occasion. The tickets are, even at this early
period, being rapidly disposed of. The Emperor
and Empress have subscribed, through Lady
Cowley, for 100 tickets at 20f. each. There is
every reason to believe that the attendance z.rill be
numerous.

The Moniteur publishes an article on the sub-
ject of the recent taking possession of New C
donia. The remarks of the official journal detrive
their principal importance from its being the i jot
time that the matter has been mentioned in the
Government organ in such a prominent way. Th.
Moniteur says :—The taking possession of Ner
Caledonia has had for its object to secure to France
in the Pacific Ocean that position which is called for
by the interests of her military and commercial
marine and the views of the Government on the

penitentiary regime—a position which is not given
to her by the occupation of the small archipelago of
the Marquesas, or the protectorate of the Socioti
Islands.

The Three per Cents. opened on Saturday at 631
80c., rose to 64f. 25c., and closed at 63f. 95c. fog'
the end of the month. The Four-and-a-Half per
Cents. closed at 90f. 75c. ; Orleans Railway Shares,
1,070 f. ; Rouen, 845 f. ; Havre, 440 f.: Great Nor-
them, 723 f. 75c. ; Strasburg, 697 f.
.500. ; New-
Shares, 522 f. 50c. ; Lyons to Paris, .795 f. ; Lyons
to the Mediterranean, 657 f. 50e. ; Western of
France, 570 f. ; Bordeaux to Cette, 515 f. ; Great
Central of France, 412 f. 50c. ; Lyons to Geneva,
430 f. ; Bank of Credit Mobilier, 520 f.

ARRIVAL OF FRENCH TROOPS AT
MALTA.

On the 23d the TrenZ steamer Christoph
Colomb, with the transport Mistral, arrived at
Malta, having on board Generals Canrobert, Bos-
quet, and Martimprey, 72 officers, 800 men, and
70 horses belonging to the staff. None of them
had yet disembarked. The Kangaroo had ar-
rived, with the 77th Regiment. No preparations
had been made for a move to the East.