The Sun.
London, England, 1836-03-24 00:00:00

THE SUN, LONDON, THURSDAY, MARCH 24, 1836.

sex, and that Spain will yet join with him in deploring
the hapless hour in which his innocent mother was
murdered by command of NOGUERAS. As CA.•
BRERA is an apostate priest, we have no doubt of the
earnestness of his bloodthirsty vow, should the Govern-
ment not be fortunate enough to capture him. For a
monster of wickedness give us an abandoned church-
man, in preference to any secular scoundrel that ever
disgraced the dignity of manhood.
By the latest advices from the North, it appears
that both the Christinos and Carlists are preparing to
perform prodigies of valour. We are really tired re-
counting the ridiculous fabrications on both sides, re-
specting the manoeuvres which are reported to be daily in
progress. After a long flourish of trumpets about
troops in the best spirits—splendid equipments—hur-
ried marches—first, second, and third divisions of the
army of operations—troops in reserve—fortified towns
in the distance—roar of cannon—gallant resistance—
charges irresistible—..advance of wings, right and left
—movements in the van and rear—great presence of
mind of the Generals of the several divisions, &c.
&c. &c., the grand announcement is made, that after
several hours of hard fighting, the belligerents mutually
retired, with the loss of some three or four incautious
recruits, who had not the wit to ensconce themselves
behind some ditch out of reach of the enemy's fire.
The Spanish heroes of the Basques fight on the prin-
ciple of affectionate school-fellows, whose first regu-
lation is, that no one is willingly to hurt the other.
Whatever happens, the Spaniards take good care to
keep beyond the range of the enemy's muskets, un-
less such enemy appears in the questionable shape of
an old woman.

suspension of rent-demands over the heads of their
tenants is not voluntary on the part of Irish landlords,
as they would exact the rents if they could. This we
believe to be most correct. The landlords have the
power and the will to trample upon their tenants, but
they owe neither of these engines of petty despotism to
their foresight as proprietors, or sagacity as politicians.
The whole secret consists in letting their lands to the
highest bidder—with a perfect conviction that the whole
rent can never be paid ; and that at any time they can
either compel the tenants to vote as they please, or
force them to give up their little property, to meet
demands, which are as far legal as a contract
apparently voluntary can make them. But the
truth is, that such contracts are not voluntary
on the part of the tenants ; and when the land
lords take advantage of a contested election to coerce
them into a compliance with their demands, by
seizing their little property, they are as guilty of a
robbery of these poor creatures, as if they entered their
cabins by night, and carried off their little all in the
character of armed brigands.

We perceive, by a desultory discussion that too
place last night in the House of Commons, that the
Tories are resolved on having another stand-up fight,
on the occasion of the third reading of the Irish Cor-
poration Bill ; Sir ROBERT PEEL, as spokesman of
the party, expressly declaring that " though they did
not intend to oppose the bringing up of the Report, a
division would be taken on the third reading." Really
these men are most inordinate gluttons ; they take a
world of pummelling, and never know when they are
beaten. One would suppose that their late defeats,
first by a majority of forty-five, and secondly, of up-
wards of sixty, would have satisfied them, at least for a
session ; but no, nothing of the sort : they arc up
again, and o❑ their legs, with their "souls in arms
and eager for the fight," just as if they had never re-
ceived a scratch. We can only account for such
astounding tenacity of purpose, by supposing that the
forty-five who, it was conjectured, were buried in the
snow, have been dug out, restored to life, and are now
ready to swell .the numbers of the Conservative host.
But even this miraculous God-send will not avail the
faction, who, to command any thing like a majority,
must contrive to discover at least twenty more missing
Tories. And where are these to be found ? Sir R.
PEEL cannot calculate on desertions from the Re-
formers' camp ; and still less can he calculate on the
absence or apathy of Waveters, though doubtless it
is some such lingering hope, as this last calculation
furnishes him with, that has induced him to announce
his intention of once again trying the strength of his
Conservative forces. Before, however, he came to
this resolution, he should have borne in mind his own
pledge, that if he were beaten on the second reading of
the Corporation Bill, he would not put the House to
much further trouble on the question. Moreover, he
should have borne in mind that this pledge was not
extorted from, but actually volunteered by, him. But
it is idle to talk cf such things to a Tory, for if he
make a promise one day, it is solely with the view of
breaking it the next. Meantime as the faction is on
the alert, so, to an equal, and even still greater ex-
tent, should be the Reformers. Should the Con-
servatives—which by the bye is next to impos-
sible—succeed in diminishing the late majority against
them, by even one, they will be sure to exult
as if they had achieved a victory, and furnished the
House of Lords with additional reasons for opposing
time Irish -• Municipal measure. The Reformers then
must take care that no such cause of exultation is
afforded to the Tories. They must he all at their
posts, as they were on the second reading of the Bill
in question ; for they may rely upon it that their Lord-
ships, in the absence of more substantial arauments,
will be sure to avail themselves of every frivolous pre-
text for opposing it. Drowning men, we all know,
catch at straws, and so, in the extremity of their des-
peration, will our hereditary Legislators. The deduc-
tion of but one from the late Ministerial majority I,vif
give fresh stimulus to their opposition ; by enabling
them to declare it as their belief, that the representa-
tives of the people are returning, slowly indeed, but
surely, to their senses, and are no longer such warm
supporters of the Irish Corporation Bill as they' were.

We have received the whole of the Paris journals

of Tuesday. On Monday the debate opened in the
Chamber of Deputies on M. GoulN's plan for the re-
duction of the Five per Cents. The principal speak-
ers were MM. FALGUEROLLES, AUGUSTIN GI-

RAUD, TIIIERS, BERRYER, the Minister of Com-
merce, MAUGUIN, DE LA MARTINE, and LA-
FITTE. M. AUGUSTIN GIRAUD, who has obtained
the credit of contributing some of the best articles that

appear in the Journal des Debats, on the subject of
Russian policy, and whose previous intermeddling up-
set the DE BROGLIE Cabinet, expressed his surprise
that Ministers had not brought forward a formal Bill
for reducing the Five per Cents—a project almost
unanimously admitted to be ripe for execution. He
regretted that a Cabinet which possessed his confi-
cence had been dissolved in consequence of those exer-

Lions which he felt it his duty to make as a Depu

We have received Madrid papers to the 15th
inst. They contain no intelligence of importance,
with the exception of a Royal Decree, dated
the 12th, for the modification of the Decree of the
28th of February, which appears to have given great
dissatisfaction to the Spanish capitalists. By the De-
cree now published, several important advantages are
conceded to the holders of Home Stock. Previous
to the promulgation of this Decree, the capitalists of
Cadiz and Madrid had presented addresses to the
QUEEN REGENT, praying that the Royal Decree of
the 28th of February should be ameliorated, so that
the State creditors might enjoy the advantages pro-
mised them by the Government. The Decree now
promulgated runs thus
" Her Majesty the Queen, in developing her project of in-
creasing and accelerating the progress of the consolidation of
the public debt, which does not enjoy that advantage, consi-
dering that the great results of the sales of national property
and of the repurchase of the quit-rent (censos) ordered by the
Royal decrees of the 19th of February and of the sth of
March last, are to be applied to the liquidation of the consoli-
dated and nos-consolidated debt ; also considering that the re-
sult of the sales will certainly increase, in consequence of the
fresh acquisitions the State will acquire from the Royal de-
cree of the Bth instant—having regard to the spirit as well as
to the letter of Article 8 of the decree of February 28th, the
Queen has ordered, with the advice of the commission for the
liquidation of the state debt, and of that of the Director-Gene-
ral of the Sinking Fund, that without pre;;udice for the future
to the dispositions of the Royal decree of February 28th, the
following rules and directions shall be obt3erved for the liqui-
dations to be effected this year :
" Art. 1. The consolidation for the present year, instead of
being reduced to 1-6th of the three species of stocks liquidated
and recognized, non-consolidated vales, current debt with pa-
per interest, and debt without interest, conformbabl) with the
Bth article of the decree of the 28th of February, shall extend
to 2-6ths, or to the total amount liquidated and recognized
until Feb. 29th.
" 2. Instead of the notes mentioned in article 9, all holders
of vales non-consolidated and of coupons, of the current debt
with paper interest or without interest, should present, if they
think it opportune, other notes indicating all the securities
they possess in the three species of stods, so that the con-
solidation may be effected of the 2-6ths, or of the third of
the total amount they may declare to be possessed of, either
originally or by endorsements. To these notes others will
be subjoined indicating the amount desirad to be obtained in
transferable inscriptions, or inscriptions to the bearer, should
it be thodght proper to divide between these two species
the total amount to be consolidated. If only one species of
stock be required, only one note need be presented indicating
the species.
4, 3. The publication of the extract of the table mentioned
in article 11 will merely state the partial and general total of
the species of securities presented for consolidation, and the
amount of the 2-6ths which are to be consolidated.
" 4. The drawing of lots, mentioned! in the 12th and 13th
articles of the decree, will not be necessary this year.
" 5. Regarding the debt without interest, emitted abroad,
all the dispositions of the decree of February 28 slsall be ex-
actly observed.
" You will understand this ; God pr eserve you.
J. ALVAREZ Y MENDIZABAL.

" Madrid, March 12, 1836.
" To the President of the Commission for the Liquidation of
the Public Debt, and to the Director—General of the Sinking

Fund."
We have no further advices respecting the filling up
of the vacancies in the Cabinet ; 4.nd some fears are
entertained lest all the arrangements should not be
completed before the opening of the Cortes.
The Carlist chief CABRERA and. his band of bri-
gands were reported to have arrive d in the vicinity of
Cuenca, a town distant about twenty leagues from Ma-
drid. This intelligence was communicated to the Go-
vernment on the 13th, and on the day following a bat-
talion of the Royal Guard and a. troop of horse were
sent against him. His progress th rough the country
is tracked with the blood of all who fill into his hands.
His constant boast is that he spares neither age nor

of France : nevertheless his convictions were unchang-
ed, and he would not shrink from the further
performance of that duty out of regard to the

feelings of any Minister. He contended that the
delay sought for by the Cabinet could be productive of
no relief to Ministers, as the circumstances connected
with the question, t.nd the question itself, rested on a
fixed and solid basis. Other matters might change,
but the reduction of the Five per Cents. would be in
precisely the same state five years hence as at present.
He prayed Ministers to take a decided course, instead

of filling the country with alarms, in consequence of
their wavering and colourless policy. M. TRIERS
followed M. A. GIRAUD, and assured the Chamber
that the former Gibinet, as well as the present, was in
favour of a reduction of the Five per Cents. The
only difference between the Cabinet at the head of
which stood the Duke DE BROGLIE, and that repre-

sented by himself on this question, was—that with the
former the common scheme of the conversion of the
Five per Cents. had not ripened into a resolution to
carry it into effect. He thought the reduction of the in-
terest to 4i. ought to satisfy all parties. He had
always held the same language, and had always advo-
cated the expediency of delaying the reduction till next
year. He cared not for the tricks of those who sought
only to embarrass the Government, which would neither
be diverted nor intimidated from the line of policy de-
manded by the country. The other :speakers added
little to increase the interest of the debate, which was
finally adjourned till Tuesday evening.
Upon this debate the whole of the French Journals
of the following morning have some brief observa-
tions. The Debuts admits the right of the Chamber
to reduce the interest of the debt, but argues against
the reduction. The Zloniteur the Commerce con-
demns the President of the Council for conceding
any reduction, as he is now in a condition to bid
defiance to M. A. GIRAUD and the Reductionists.
The Courrier Francais contends that the petty war be-
tween the President of the Council and the Doctrinaires
has broken out ; that the leaders of that party wished to
keep M. TITTERS in leading strings ; but their inso-
lence was not to be borne, and hence his retaliation
upon M. A. GIRAUD and his party. M. GuizoT
will thus be thrown into the arms of the Opposition.
For our own part, we quite agree with the National
and the Impartial, in thinking the whole affair of very
little consequence. The KING will support his IVli-
iiisters, the Ministers in consequence will triumph, and
there will be an end of the business.
The Courrier Francais, in its article on Spain, as-
serts that the French Government has resolved upon a
system of non-intervention, and that this resolution has
been officially made known to Lord PALMERSTON.
PARIS, MARCII 22.—Some standards taken from the Arabs
in the expedition to Mascara have just arrived at Paris, and
have been hung up in the Church of the Invalids, by the side
of the other standards from the same country, captured at the
conquest of Algiers. Other trophies of the expedition to
Tremecen are expected.
A journal announces the return to France of M. Lepasquier,
civil intendant at Algiers, who does not appear to have been
able to agree with Marshal Clause] on the system of Admini-
stration to be followed in our possessions in Africa. Two
military sub-intendants are recalled for different causes. M.
de Sivry, Member of the Chamber of Deputies, is spoken of
as successor to M. Lepasquier ; but he will have the title of
Director of the Interior, and the salary be reduced from
30,000 to 15,000 francs.
The Constitutionnel of the Loir and Cher of the 19th Mar,

says-" In consequence of the discovery of a manufacture of
gunpowder at Paris, great vigilance is exercised in all the
roads, with respect to travellers. A great number of persons
who had no passports, or passports not in due form, have
been arrested this week in the arrondissement of Blois."
The Quotidienne says, that for some days past the Greek
Ambassador has paid frequent visits to Count Pahlen, the
Russian Ambassador, with whom he had very long conferences.
Count Charles de Beaumont, formerly deputy, has just ar-
rived at his estate, near Tours.
We learn also the death of M. Lackaval Member of the
Convention in the United States. His death makes a vacancy
in the Academy of Moral Sciences.
The Indicateur Bordelais says-" .We learn that 8,000
men, half Spaniards, half Portuguese, entered Balmaceda on
12th. A sanguinary action must take place in a few days.
M. Thieny, a French Cabinet Messenger, passed through
Strasburg on the 18th, on his way to Constantinople, with
despatches from Paris."-Messager, March 22.
FRENCH FUNDS.-PARTS, Marto 22.
Five per Cents., 107 f. 80c. 85c. 80c.
Four per Cents., 10If. 75c.
Three per Cents. 81f. 20c 30c. 25c.
Bank Actions, 2,207 f 50c.
Bente de Naples, Io,f. 90c. 95c
Roman Five per Cents., 103% 104 103 N T.
Spanish Actives, 46% 471,4%.
Spanish Differes, 22,4.
Spanish Passives, 15 LA %M.
Bova' Spanish Loan, 34.
Belgian Loan Five per Cents., :05.
Portuguese Loan. Three per Cents, 50!4.
Dutch Two and a Half per Cents., 56f. 7:,c.Daytian Loan, 402 f. 50c. 400 f.
EXCHANGE ON LONDON.
One month, paper, 25f. 45c. ; money, 251 45c.
Three months, paper, f..'sf. 30c. ; money, 25f. 30z.
-fours Authentique.
Bottsr., THREE o'CLocK.-The Rentes have continued
improving to-day. The Three per Cents. opened at 811. 20c.,
and got up to 811. 30c. The Spanish Actives are rather
better; the price opened at 461, and got up to 47, buyers, on
the report of some favourable financial decree having arrived
from Madrid.
QUARTER TO FOUR.-Five per Cents., 107 f. 90c. ; Three
per Cents., 81f. 30c. ; Five per Cents. Spanish, -; Three
per Cents. Spanish, -; Cortes, -; Coupons, -; Gueb-
bards, -; Differes, 17 ; New Loan, -; Actives, 474 ;
Passives, 14 ; Ducats, 102 ; Romans, 1038 ; Pedros, ;
Belgians, 105 ; Dutch, 56f. 75c. ; Haytians, 400 f. -c. ;
Miguels, -; Brabant Bank, -; Belgian Bank, 15 ; Con-
tinuation, -c. ; New Differes, 221; Five per Cent. Perpe-
tuelles, -; Royal Loan, -.