The Sun.
London, England, 1849-06-05 00:00:00

of the worst possible managers—the officers of the
Court of Chancery. Then, indeed, arrears would
accumulate ; tenants that would pay their
landlord, if enabled to do so, would
try, by, every means in their power, to put off the
receiver, well aware that former good conduct, the
improvement of the lands, the punctual settlement of
the rent account, would constitute no claim to obtain
a renewal at a letting under the Court. The occu-
piers would industriously seek to impoverish the land,
or what is termed in Ireland " to break its heart," in
order that others might not be tempted to take it over
their beads, and they generally, we may say invariably,
succeeded but too well. The receiver was wholly
uninterested in the matter, provided the rents were
paid with something like punctuality ; he cared little
for the proper cultivation of the soil, the due succes-
sion of crops, or even for the collection of
rents, provided he did not make himself per-
sonally responsible for default. His object was
rather to make himself popular among the tenantry,
and to obtain the presents and emoluments
that are generally bestowed upon "the agent," if
he will accept them under such circumstances. The
deteriorated condition of the property placed in
" Chancery," and the demoralization that prevailed
in the locality, may be more easily conceived than
described. Distress and destitution existed among
the people, and all parties interested—landlords,
tenants, and incumbrancers were alike injured.
The effect of the new Bill will be to bring
estates so circumstanced to a speedy sale—to
set aside the cumbrous formalities, the tedious
and expensive technicalities that now prevent a sale
of the lands. It will confer a clear and unquestion-
able title on the purchaser—a title springing from a
" new root," with a Parliamentary guarantee. The
value of the lands will be materially improved, not
only by the certainty but also by the simplicity of the
new title; the interests of all persons concerned will
be promoted because Parliament, for the first time
has had the courage to shake off the trammels and
prejudices that have heretofore impeded beneficial
legislation on this all-important subject.

THE FRENCH REPUBLIC.

We have received the Paris papers of yesterday.
They all comment on the recent Ministerial com-
binations. The National considers the acceptance of
office by M. DUFAURE as a sort of betrayal of the
moderate Republican parry. The Constitutionnel
cannot disguise its ill-humour at the exclusion from
the Ministry of Marshal BUGEAUD, whose mission,
had he obtained a seat in the Cabinet, it would have
been by wheedling the PRESIDENT, and alternately
bullying, and intriguing against his colleagues, to
prepare the way for the accession to office of M.
TRIERS. We are not, therefore, surprised to find
the Constitutionnel thus giving vent to the feelings of
disappointment under which its tricky patron labours :
"We have not yet much to say about the new Minis-
try. What strikes us is that Marshal Bugeaud forms no
part of it. We regret it profoundly. No one in our
opinion answered better the double necessity of the situa-
tion which may be expressed by two words—assistance
and resistance. With Marshal Bugeaud the Cabinet
would have acquired additional force. We should not
havo had any observation to make on the personnel of the
Cabinet, if it were not that what has passed with regard
to the election of President of the Chamber reveals a
tendency OR the part of a certain portion of the Moderate
party to create fur itself a distinct position. This fact
having taken place, it is not easy to avoid remarking that
the Ministry has taken the greatest part of its Members
out of the smallest fraction of the majority. In this
sense it is the Ministry of a minority; it is a Ministry
determined by the elections of Pais, but not by the eLc
dons of all France."

The Debats waits for the Ministerial programme
before passing judgment on its policy.
The programme was to have been produced in the
sitting of yesterday, but in consequence of the objec-
tions taken by MM. DUFAURE and DE TOCQUEVILLE
to one part of the Message in which it is declared
that the French troops shall enter Rome bon gre mal
gre, the presentation of the Message has been post-
poned ; and a Cabinet Council was held yesterday, at
which, after high words had passed among the
Ministers, it was agreed to modify the objectionable
passage, so as to meet the views of MM. DUFAURE
and DE TOCQUEVILLE. There were rumours, how-
ever, rife in Paris last evening of a break-up of the
new Cabinet.

The Message, it is said, gives a complete exposi-
tion of the present social and political situation
of the French Republic, and recommends the
adoption of measures for improving the condition of
the labouring classes, at the same time that it advises
the immediate passing of severe measures of repres•
sion of the liberty of meeting, of speech, and of
the press.
M. D'ANDRE, the chef de Cabinet to M. DnouYN
DE LHUYS, has been appointed Minister Plenipoten-
tiary at Dresden ; and M. REMIIARDT, the present
Minister at Dresden, is appointed Minister at Swit-
zerland, in the place of General TDIAR3, who has
resigned.

The exposition of national industry and of the
productions, both manufacturing and agricultural,
of France, was opened yesterday.
BOURSE—PARIS, MONDAY, JUNE 4.
THREE O'CLOCK.—The Funds opened today at no
less than 1, per cent. above the closing prices of Satur-
day; but upon its becoming known that the President's
Message had bsen postponed because the Ministers could
not agree on the paragraph respecting the expedition to
Rome, they immed►ately gave way, and closed at nearly
Saturday's prices. Exchange en London (30 days), 25
45, money; ditto (90 days), 25 35, money.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK-EXCHANGE, JUNE 4.
Boulogne and Amiens, 6744—Northern of France, 9%—
Rouen and Havre, 9%—Paris and Orleans, 29—Sambre and
Meuse, 3.