The Sun.
London, England, 1849-05-30 00:00:00

SPAIN.

Madrid journals of the 24th have arrived.
The Chamber of Deputies on the 234 appointed a
committee to examine the project for a new tariff.
The Herald() remarks that the time of realising this
tariff reform is particularly apropos, inasmuch as re-
lations with England being suspended, no one can
accuse the Government of yielding to foreign influ-
ence in propssing the new tariff law.
The fact is, the commerce of Spain has been so
completely smothered by protection, that the adoption
of free trade has become a matter of necessity.
MADRID BOLSA, MAY 24.—Three per Cents. 24i;
Five per Cents. 10k, both paper. Exchange on Lon-
don, 50 25 money.

G +'ILAIAIN Y
AND

THE NORTHERN STATES.

AUSTRIA.

The financial state of this empire is most deplor-
able. The Frankfort papers declare that a national
bankruptcy is inevitable. This assertion has excited
the wrath of the court party at Vienna ; and the
vituperations of their organs in the press of the capital
have elicited a justification in reply, to which we are
indebted for the tollowing particulars:—
The present uncosered advance of the (miscallei)
national bank at Vienna amounts ti 21,000,000/.
sterling, or two hundred and ten millions of florins.
This advance has been made in the shape of bank
notes, issued on the demand and sole responsibility of
the Council'or KRAUS, Minister of the Finances. It
must not be forgotten that Kilatis took office during
the sittings of the recognised diet of Vienna, end was
sworn as constitutional and responsible Minister
under the new state of things. As KRAUS
continued as responsible Minister under the Diet
of Kremsier, his irresponsible position dates only
from Prince SCRWARZENBURG'S coup d (tat, by which
that assembly was forcibly dispersed, and the young
aspirant to the imperial crown commenced a despotic
reign. But the advances to the Government have
, been made by the Minister in three capacities, which
he represented at the three epochs of Vienna, Krem-
sier, and Oimutz. The question whether all are
equally valid will naturally be raised when a settle-
ment takes place, and may be decided differently,
according as success is on the side of the absolutists
or of the constitutionalists. If the EM . PEROR SliC-
ceed in putting down all liberty, will he recognise
debts incurred on account of those who sought to
force a constitutiou on the Court? If the Con-
stitutionalists vanquish their opponents, will
they pay debts incurred to effect their de-
structiony There is, however, a previous ques-
tion to the payment of this sum, which has been su-
peradded to the enormous debt of the empire, and
this is, can the notes be kept in credit and is circu-
lation until any time of redemption may come round?
The figure of their depreciation is tolerably repre-
presented by the exchange on London, which is
quoted now at 11 50 60 florins. The value of the
pound sterling at par being 10 florins. Hear we have
a depreciation of nearly twenty per Cent. Silver coin
is, however, only quoted at seventeen per cent. de-
preciation. here the Frankfort papers let us into a
secret of the Mint, roundly asserting that the latter
issues of that establishment have been at a standard 11
of 24 florins to the mark of fine silver
instead of 20 florins, the national standard.
Hence, of course, the smaller agio, gold, which '
suits better for hoarding and running away than
silver, is quoted at 24 per cent. against notes. In
i
tranquil times, as there s little use for so large a
coin, gold can scarcely be sold even for its value as
metal. The state of panic, mistrust, and demoralisa-
tion now existing at Vienna can be pretty accurately
estimated from these figures.

Of the various shifts resorted to by the Government
to keep its notes in circulation, the following are re-
lated. Taxes are required to be paid half in silver
and half iu notes. Loans have been extorted by com-
pellingPiecs are o& give silver and take notes in exchange.
ol course paid in notes, which amounts
11 sa
salaries
to the recipients to a reduction of one-fifth of their
pay. But if these advances are continued ad libitum,
or, rather, at the command of the Minister, to what
discount must they not fall ? Yet will no Governor
of the Bank refuse to give them as long as Generals
Bonze and WELDEN form a court of appeal (assi,_ttd
by drum-head courts martial) on all accusations of
treason. In like manlier, what is an unfortunate
creditor to do whose debtors insist upon his taking
these depreciated notes in payment of claims, on pain
of being denounced as refusing to support the Impe-
rial Government at a sacrifice ?.As a matter of course,
all trade is at an end. It is said that the great
banking-houses which the revolution did not destroy
to a
stand still by the financial
of order."
oapreerantc;owns borfotig hieh,ti
friends

FRANKFORT.
Tbe German Parliament in its sitting of the 25th
adopted the following resolution :
" The Government of the 29 states, faithful to the
constitution of tho. empire, are invited to take measures
in common to put into eflict the constitution, and to re-
organise the necessary means of defence."

The Grand Duke of BADEN is at Frankfort. Count
PAULEN, a Russian agent, has also arrived in that
city.

PRUSSIA.

Several persons have been arrested in Berlin, and
handed over to General WRANGEL for trial before the
Military Courts. The Cologne Gazette denies that
the Prutsian Government has received any protest
iron that of France against Russian intervention in
AuAria.

HESSE-D ARMS TAD T.
Letters from Heidelberg of the 25th state that on
the previous day a combat took place in Darmstadt.
The p€ople attacked the Castle. A captain and many
soldiers were killed. The result is not known.
Three battalions of infantry entered the Palatinate,
with some cannon. .mot Bielheim the curate, SPREN-
GER, was arrested for having said that those soldiers
who took part against the people were perjured.

HUNGARY,
POLAND, AND RUSSIA
The Cologne Gazette announces the existence of a
plot fora general rising against Russian domination,
in all the countries extending from Hungary to the
Caucasus.