The Sun.
London, England, 1853-06-02 00:00:00

THE FRENCH EMPIRE.

The Paris journals of yesterday continue to be
unanimous in expressing a belief that the peace of
Europe 21 not be broken by the complications of
the Turkish question. It may appear strange that
with this unanimity of journals, some of which are
the organs of parties whose chance of recovering
the influence that they have lost would probably be
improved by a war, there should be so much un-
easiness manifested by the public, and the Bourse
should exhibit a sort of panic. This may, however,
be accounted for by the fact that a certain number
of days must elapse before any news of the decision
of the Emperor of Russia can be received, and
although the general opinion may be that it will
be favourable to the maintenance of peace, the
interval will be attended with precautions on the
part of France and England, which wilt give
the appearance of preparations for war, and thus
afford an opportunity to the speculators for a fall
in the funds to work'upon the minds of the timid
holders of stock. Many large holders may also sell
under the impression that they will be able during
that interval to buy again at a lower rate, and the
public at largo looking only at the sales, and not
inquiring into the -1, may prolong the panic.
It is to be hoped that this will not be the cas; and
that for once Ole public will be influenced by the
arguments of the public press. The Pays has a
long article in the course of which it shows the
danger that would arise to the cause of order from
a war, and the interest that governments, including
that of Russia, have in pre venting another out-
break of the elements of reve ution.
The _Mats of yesterday gives a resume of the
facts connected with the mission of Prince Men-
schikoff, which fills nearly the whole of its first
page. The greater portion of what is stated is,
however, already known to our readers from the
different accounts which have been published in
the English and French journals.
The Presse persists in regarding a war as im-
possible, but, in order to tranquillise as to the result
those persons who imagine that it is possible,
details the means of resistance which Turkey would
make against Russia.

The Journal (le- 17 rancfort states that Austria
and Prussia are not only engaged on the Turkish
question, but also that of Switzerland, and that
the Prussian Government, taking advantage of the
present strte of things, is about to address a new
and very energetic note to the Swiss Federal
Council, demanding that it shall use its influence
to cause Neufchatel to return under the domcna-
tion of its lawful sovereign.
A letter from Life states that the judicial au-
thorities of that place had proceeded to the frontier
in consequence of an important seizure of seditious
writings having been made by the police at Tour-
coing. It is said that several persons residing at
Roubaix, who are compromised in the affair, have
been arrested and brought to Lille.
The Emperor has just granted a remission of the
remainder of their punishment to three political
offenders now at Belle-Isle, named Beridot,
rilhac, and Juillot.

Business at the Bourse yesterday underwent a
favourable change, all descriptions of government
securities having recovered from the panic caused
by the unfavourable position of affairs in the East,
with a tendency towards still further improvement.
At the termination of business the Three per Cents.
for the account rose if. 50c., and for cash, 80c.,
whilst the Four-and-a-Half per Cents. improved
50c. in the quotation for money, and 25c. in that
for the end of the month. Bank of France shares
declined 7f. Closing prices :—For cash : Three
per Cents., 79f. 10c. ; Four-and-a-Half per Cents.,
102 f. For the account : Three per Cents., 79f. 50c. ;
Four-and-a-Half per Cents., 101 f. 75c. Bank
Stock, 2,685 f. 50c. In the railway share market,
also, a favourable change took place, prices gene-
rally being well supported. In Paris and Orleans
shares there was an advance of 4Cf. ; in Paris and
Strasbourgs of 35f. ; and in Northerns of 20f. The
andfinalco
qrlueoatanat,i soswsfe. were
Paris
oar tn hd e
Strasbourgs,r n s
915 f., 900 f. ; Paris

TURKEY.
was determined on at a
all the most
The Constitutionnel publishes a letter from Con-
sttntionfoptlheeofuitthime
ultimatum was
It states that the rejec-
MthiTsSttearte, and a Council extraordinary held on the 17th and 18th,
to which Hosre,w, Izzet, Riza, Safette, Pachas;
consi-
derableiFmupaodrtanfftenfduin,ctaillonatrhieeseoxf-
number of ulemas had been summoned.
The Council, after sitting two days, resolved that
no modification should be made in the answer pre-
viously sent to Prince Menschikoff. The principal
members of the diplomatic corps and Reschid Pacha
himself afterwards went to Prince Menschikoff, and
endeavoured to induce him to modify his preten-
sions, but without effect.
M. de Ozeroff had been left by Prince Menschi-
koff at Constantinople, but was to follow him some
days afterwards.
Lord Stratford de Redcliffe had assured the Porte
of the support of England, but has expressed a
wish that something shoul. d. be done to ameliorate
the position cf the Christians, by placing thtm
under the guarantee of all the great Powers. The
Porte has acceded.
The Debats publishes an account of the negotia-
tions since the commencement, and comes to the
conclusion that war cannot ensue.
Prince Menschikoff took away with him the
personnel of the legation, and left the management
of the affairs concerning the protection of the Rus-
Nba subjects to the Austrian legation. However,
'

they still hope to come to a pacific solution. Ex-
change has risen from 1071 to 118. The Porte
promises to grant a better position for the Chris-
tians under the surveillance of the great Powers.