The Sun.
London, England, 1849-12-28 00:00:00

FRIDAY EVENING,

alxilish(d, and the whole revenue be colL•cted by a tax
on property. As to protection, which I 3rn confidcrt
our heavil} -taxtd industry r quires sgainst the lightly-
taxed indu,try of the rest of the w,rll, that con only 120
jus ly otr.a,inel by su_b an equitlble, alteration of our
morvtary system as will protect our industrious chisses
czaiust our idle elabses have a11,5)3 hen of (pinion
that manufacturers and a;lriculturists have an (qud
right to Jive, and those of eitherclssi who think to Jive
long upon the other will find themselves egregiously
mistaken."

These are, indeed, otinions which we hare long and
zealously advocated on fiscal and monetary affairs.
We rejoice to find Mr. MUNTZ expressing his adhe-
sion thereto in a manner so unequivocal and straight-
forward. We cannot conclude our notice without
assuring the Hon. Gentleman that, notwithstanding
any minor differences, we entertain the most sincere
esteem and respect for his character and abilities, and
earnestly hope that he may long ba spared health and
strength to labour for the beoefit of his fellow-
subjects, as the chos.n representative of his native
town.

VilE FRENCH REPUBLIC

We have received the Paris papers of yesterday.
There was a grand military parade in Paris on
Wednesday. The whole of the garrison, with cannon,
&c., marched through the principal thoroughfares of the
city. There were upwards of 40,000 men under
arms.

The Papal Nuncio bad a long interview with the
PRESIDENT of the Republic on Wednesday.
It is said that the parti pretre and Legitimatists
have determined to oppose the Ministerial measure on
education, and to insist on the passing of the Bill
brought in by M. DE FALLOUX for giving to the
priests the exclusive control and superintendence of
all educational establishments throughout France, a
plan which its proposers facetiously designate as
Liberty of Instruction." MM. FAUCHER, PISCA-
Tour, and several other members of the majority sup-
port the. Ministry ; and there is, therefore, reason to
hope that the apologists of the Inquisition and their
leader, M. DE MONTALEMBERT, may find themselves
in a minority.

A comide-rable sensation was produced in Paris on
Wednesday by the announcement that a discovery
-had been made of gross frauds, which had for a series
of years been committed in the administrations of the
hospitals of Paris. The officials of the Paris hospitals
are all appointed by the Government, and those
alleged to have been guilty of the frauds were, the
greater portion of them, nominated to office by the
.GUIZOT DUCHATRL-TESTS Ministry.
Letters of the 20th from Algiers, announce the
arrival there of Mr. JAMES RICHARDSON, the African
.travel:er.

The Itioniteur publishes a decree signed by the
PRESIDENT of the Republic, appointing Jules de
,Lastey rie, President, and MM. Lauvet, Etienne,
Buulatiguier, Masson, De Gourheret, Matin, Thomas,
and Esquirol, members of a Commission to examine
the Ministerial accounts for the year 1849. The same
racial journal announces that the directors of the
Bank of France have declared a dividend on Bank
Stock of 52f. per share for the half-year ending the
31st of December, 1849.
A grand dinner was given by the Minister of
Marine on Wednesday, at which the PansIDENT of
the Republic was present.
A letter from Marseilles of the 231 instant an-
nounces the arrival in that city of M. DE CORCELLES
from Portici.

Tha Bourse was crowded yesterday, and business
commenced with every appearance of a rise in the
price of public securities. Towards three o'clock,
ho?vever, a reaction took place, and the Five per Cents ,
which opened at 921. 40c. and rose to 92f. 65c , fell
to 921. 35c., at which they ch.)! ed.
Three per Cents., 561. 55c ; Banque de France,
2,400 f.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON SI uCK-kACHANUE, DEC. 27.
Boulogne and Amiens, IN —Northern of France, 13% dis.
—Orleans and Bourdeaux, 3%—Paris and Rouen, 22....
Sambre and Meuse, 2t4.

SPAIN.

Madrid journals of the 20th have arrived.

The Clamor Publico says that a royal order has
been transm►tted to the directors of the Treasury, by
which it appears that a new contract has been made
with the firms of BARING and ROTUSCHILD of 12,000
quintals of quicksilver belonging to the products of
the forthcoming year 1850. According to the tti-
pulatiuns of the contract the Government will deliver
to each of these houses an order on the Government
official at Seville, who is employed in packing up the
quicksilver in the iron phials. The individual will
deliver into the hands of the porters of these orders the
12;000 quintals of mercury, in iron flisks of three
arrobas weight each. Each house is to receive equal
quantities, and the quicksilver is to be given as fast as
it is received from the mines, the Government en-
gaging to give in the whole by the end of June. In
exchange for these Government orders, and with re-
ference to other payments in advance by the tame
firms, the contractors will pay the sum of fifty thou-
sand pounds sterling in letters of exchange upon
London, to be applied to the payment of the interest
of the Tame per Cents. These sums will be reckoned
in the account of payments in advance in January,
1850 (payments for quicksilver by the Treasury), at
a discount of 6, per cent. and 1 per cent. commission a

It is 'said that NARVAEZ has been negotiating with
OLOZAGA for the forMation of a Progressista Ministry,
of which NARVAEZ is to be the head. Since the
discovery of the Fulgenciu intrio°ue, NARVAEZ has
felt that he cannot trust either CHRISTINA or the
parti pretre. GONALES BRAVO and Mom are now
the constant associates of CHRISTINA, and are busily
engaged in intriguing against NARVAEZ. On the
19th General PAVIA, who is acting with MON and
GONZALUS Banvo, gave notice in the Senate that he
should move a resolution to the effect that the forma-
tion of the army of reserve was inexpedient, dan-
gerous, and expensive—a notice which has hignly
incensed NARVAEZ, Ri it is in fact a vote of censure on
his conduct as Minister-at- War.

They write from Barcelona that the magnificent
regiment of Grenadiers at Corunna, and which has
not yet been embarked, is in Italy in a very sickly
state, owing to having encamped in unwholesome
localities.