The Sun.
London, England, 1836-02-08 00:00:00

Zbe

LONDON,
MONDAY EVENING, FEBRUARY 8, len.

The whole of the Paris Papers of Friday and Satur-
day have been received. On 'films,lay M., GOUIN'S
project for the .reduction of the Five per Cents. was
discussed in the Chamber. The debate was resumed
on the following day, when an attempt was made to
get rid of the question by an adjournment moved by
M. DUFAURE, a friend of Ministers. On the Alisi7
sion which followed, the numbers were—
For the Adjournment 192
Against it 194

Majority agrinst Ministers

As soon as the result al the division was made known,
the Ministers set off helter•skelter to the Tuilleries,
where one and all placed their resignations in the
hands of the Kr.w. This event has, of course, given
rise to an hun,!,red conjectures. Lists are handed round
of the -Nei,: Cabinet, not one of which ►n ty be worth
a straw 1 for the KING will not be dictated to in the
chr;ice of his Ministers.

But all agree in thinking that the leaders of the
Doctrinaires will resume their posts. Whether M.
UUIZOT will retire or not is more than we can pretend
to say ; but we shall be greatly disappointed if M.
'ThiERs be not included in the Royal list of Mini -
tcrs. - By the way it is rumoured that M. TiliElts
will go to the Foreign Department. Such an arrange-
ment would please us exceedingly, aly.l we have no
doubt would be popular with all th.e liberal Govern-
ments of Europe.' M. THIEP.s is the 'only Member
of the late Cabinet who appeared to have enlarged.
and rational views of the danger to France and Eng-
land from the aggressirJns of Russia in the East. The,
Correspondent of a Morning Contemporary gives the
following list of ',;he new Cabinet, on what he states to
be good auth.drity

IV:arshal aER.tr,D, President of the Council.
Marshal South; Minister of \Var.
31. 'NIERS, Minister for Foreign Affairs.
M. D'AitoorT, Minister of Interior.
M. HUMANN, Minister of Finance.
• M. SAUZET, Minister of Justice.
M. PAssy, Minister of Commerce.
M. DUPErittr., Minister of Marine.
We have alreadrA.xprcssed our opinion of the ques-
tion which led to the resignation of Ministers. The
substance of the whole debates in the Chamber during
the two sittings on the reduction of the Five per Cents.
may be thus summed up :—The Opposition contended
that the reduction was sound in prin\ciple, and neces-
sary at the same time ; Ministers admitted the princi-
ple to be sound, but maintained the inexpediency of
the measure which was sought to be accomplished.
Vitus, FFe. 6.—The Barcelona journals, which are re-

?Tired to the date ef t de 214th of January, do not say a word of
the Republit!an veVole.tion, which the Bolt S'itn§ announced as
haviterg taken pace in that kity. Un the 27th there wets only
Mend:n66ns And c'ejhfolhp on account 'of the Capture akthe
fort 'of taint Mary Du Hort, which *as Officially announced
jik h yr:oclamation b Mina.
This event is a S'eVer'e blots tO the Carlist faction, which has
now no Yefdee lit tiny fortified place in Catalonia. It (rives us
rea A,',l cope that in the si7ingthe bands winch. desolate that
beautiful provinceltwill be driven be to AC
pletcly annihilakel ,
After the check the Ministers experienced
Niilf.ttk.-t:i.ay, their decision has been more prompt than was ex-
pected. The Journal de Paris, of the same evening, pub-
lished the note repeated by the Itloniteur this morning, an-
no-uncin their resignation.
The Journal des Debats adds to the declaration the follow-
ing lines :

It is with great grief that we learn the retirement of the
whole Ministry, though their resolution does not at all sur-
prise us. In presence of a Chamber which, yielding to an
inconsiderate impulse, and in spite of the eloquence and
powerful arguments of. the Duke de Broglie and MM. Thiers,
Duchatol, and Guisot, refused to comprehend the political
consideration involved in the question of the reduction of the
interest of the debt. The Ministry could not take any other
step—it would have been *?Ong even to hesitate.
" We sincerely COngratulate them on the stop they have
taken ; it has nobly done its duty eniA is another service
-Mich It has rendered to its cenntry, and to the constitutional
monarchy. May this (int example not be lost on its succes-
aors."—/Ifessomt.., cb. 6.

FRENCH FUNDS.-PARts, FEBRUARY 5.
Five per Cents., 110 f. Sc. 109 f. Psc. 10c.
Four per Cents., 10-2 f. 30c
Three per Cents. Rif. WE 95c. 90c. 81f.
Bank Actions. 2,165 f. 2,17.,0 2,17•2 f. 50c.
Rente de Naples, 9 .1. Sac. SOc. T:c. 70c.
Roman Five per Cents., 103%.
Spanish Actives, 484 !(,%.
Spanish Differes,
Passives, 15 16.
nova: Spanish Losn,
Three per Cent. Rentes, 23 21%.
Rente Perpetuelle, 3754.
Belgian Loan, Five per Cents., 105.
Portuguese Loan, Three per Cent:, 5334%14.•
Dutch Two and a Half per Cents., 56f. 23c.
tiastiaa Loan, 4:01.
EXciIANGE ON LONDON.
One month, paper, 251. 45c. • money, 251 45c.
Three months, paper, 25f. 342 e. ; money, 25f. 30c.
-Count Authentique.
FRENCH FUN DS.-PARIS FEBRUARY 6.
Five per Cents., 109 f. 11.1 Sf. f 5. c. 65c.
Four per Cents., 102 f.
Three per Cents., 801. 45c. 50c. Eoc. sc. 79f. goo. Kt
Bank Actions, 2,170 f. 2,165 f.
Rente de Naples, 99f. 60c. stc. 20c.
Roman Fire per Cents., 103;i.
Spanish Actives, 481004.
Spanish Passives. 15%,54.
Cortes Loan, 3734.
Royal Spanish Loan. 37g.
Belgian Loan, Five per Cents,-104•N.
Hay tiara Loan, 4101.
EXenANGE ON LONDON.
One Month, paper, 25c. 45c. • money 25f. 45c.
Three months, paper, 251. 32k c. ; money, 25f. 30c
-Cofirs Authentivw.

it onus; TIIREE o'CLocx.—For a long time there has not
been such confusion and anxiety in the money-market as to-
day. The Three per Cents., although worse than yester-
day, still remained at 80f. 60c. When the news from the
Chamber arrived, that the taking into consideration of M.
Gouin's proposition was adopted, the Three per Cents. im-
mediately fell to 80f. The Spanish securities and most others
remained unnoticed.

QUARTER TO FOUR.—Five per Cents., 1091. Three
per Cents., 80f. 15c. ; Five per Cents. Spanish, —; Three
per Cents. Spanish, —; Cortcs, —; Coupons, —; Gueb-
bards, —; Differes, !Sir ; New Loan; —; Actives, 48;1 ;
Passives, 15:1; Ducats, 99 30 ; Romans, 1031 ; Pedros, —;
Belgian; 105 i ; Dutch, —f. —e. ; Haytians, 410 f. —c. ;
Miguels, —; Brabant Bank, —; Belgian Bank, —; Con-
tinuation, —c. ; New Differes, ; Five per Cent. Pet pe-
tuelles, —; Royal Loan,

The latest accounts from Madrid and Barcelona are
of the same date—the 30th of January. The Car-,
lists have suffered severely since the engagements o
the 16th and 17th. The fort of I'Hort has been
taken, an event which MINA announced to the Cata-
aiis in a proclamation, setting forth the ardour of his
troops, and the sure destruction of the enemies of the
QUEEN. The Governor MIRALES, was shot, and the
garrison put to the sword. The QUEEN'S troops are
augmenting in numbers, and begin to observe a more
rigid discipline. The Carlists, on the contrary, are
without any resources, save such as desperation is
capable of supplying.
The accounts from Madrid are exceedingly favour-
able. The President of the Council loses no time
in carrying reforms in the Executive into operation.
By a Post-office regulation devised by him, an Esta-
fette will leave Madrid for Paris every day, via Olerow,
by which a saving of seven days in the transmission of
letters will be effected. On the night on the 27th lie
I had 26,1 packets addressed to the principle authorities
in every part of Spain, containing directions relative
to the mode of. electing the New Chamber of Proeu-
radores. His popularity daily increases.

The dissolution of the Spanish Cortes proves M.
MENDI7ABAL'S sincerity in all that he has hitherto
professed, respecting his entire reliance on the patriotism
of his countrymen. Such a measure, under ordinary
circumstances, and in ordinary times, might be per-
verted into a dangerous instrument in the hands of an
ignorant and misguided multitude. In the midst of
revolutionary anarchy, and when the absence of the
Cortes from the capital might afford the rebels a safer
opportunity for tampering with the loyalty, and exciting
the worst passions of the populace, recourse to such a
measure argues a sense of security, and a confidence
on the part of the Government, which every lover of
Constitutional liberty would fain believe is not over-
rated. But if the adoption of such a measure be really
hazardous, what shall be said of the motives of those\
pseudo patriots by whom -the Government was com-
pelled to resort to it in its own defence ? What is
Spain—what is Europe to think of the patriotism of
TORENO and DE LA ROSA, after such an act as that
which forced the Constitutional Government of their
country to dissolve the Cortes, in the very teeth of a
rebellion which aims at dethroning the lawful Sove-
reign ? These men could not be ignorant of the con-
sequences which might result from the part they took
in the deliberations of the Chambers. They are no
strangers to the- feelings of their countrymen when
their worst passions are roused; for both have, on
more than one occasion, narrowly escaped mob-assas-
sination. And yet, either from a lust of power, irri-
tated pride, or wounded vanity, these men have not
scrupled to peril the saf'ity of their country, by pro-
voking what will for ever extinguish their influence
both within and without the Chambersnamely, a
dissolution of the late Cortes. •It is lamentable to see
men who had previously acquired for themselves an
European reputation, in consequence of their sufferings
in the cause of liberty, thus sacrifice their well-acquired
fame at the shrine of the lowest and basest passions.
The crimes of youth excite an indignation which may
be calmed and blotted out of remembrance by contri-
tion and timely amendment on the part of the guilty ;
but the abhorrence with which every well-constituted
mind must regard the apostacy of old age can never b'e
diminished, much less eradicated. There is a period
in human life after which no man is forgiven an injury
done, or sought to be done, to his country.

But much as we dread the violence of the Spanish
peasantry, we have every reason to believe that the
dissolution of the Cones will strengthen, instead of
weakening, the hands of the Government. The sup-
pression of the convents has transferred the whole
power of the priesthood to the parochial clergy—a la-
borious arid truly paternal body of ecclesiastics, well
disposed towards the QUEEN, and in no way adverse
to a reform of the Church of Spain. Theie excellent
pastors, whose lives attest the sincerity of their religious
faith, have -long lamented in secret the supersti-
tions fostered by the regular clergy, particularly the
four mendicant orders. Of these, the Franciscans,
Carmelites, and Dominicans were so bad, that it would
be difficult to determine which was the worst. The
Augustinians were less burdensome, because less nu-
merous ; and less influential, because less disposed to
play the part of revelations,-its, and miracle-and-indul-
gence-mongers. But they conspired to dupe the
poor, credulous, ignorant, pious peasantry ; and for the
suppression of all were the pray, ers of the secular clergy
offered up in secret—for publicly:, it would have been
death to oppose them, previous to _their crusades against
Constitutional freedom. Had it not been for this
prostitution of the corifidence- rep"'d in them by the