The Sun.
London, England, 1825-12-07 00:00:00

7
[THE TIMES
*J

The very curious document-to which we yes-
terday alluded—namely, the lecture read by the
Emperor of Austria to the Hungarian States, is
completed in the French Papers. His Imperial
Majesty would appear to have been actuated by
a strong feeling of indignation,and if we knew as
well the temper of the body whom he addressed,
we should most likely find, as the saying is, that
no love was lost between them. The Emperor
proceeded in autumn to the capital of Hungary
with great apparent confidence in the affection
and obedience of his Hungarian subjects. He as-
sembled his nobility for the coronation of his
consort. The splendid pageant was conducted
with great apparent enthusiasm. He con-
voked, the States for the transaction of
business, and made a speech to the Mag-
nates, which draw tears from the eyes
of his family and courtiers. The assembly
was deseribed as in a state of ecstacy at
the august presence and gracious declarations of
the. Monarch. A circumstantial report of these
proceedings was spread over Europe by the hell
regulated Journals of Vienna. We expected
from this favourable commencement to have every
day a bulletin of the increasing loyalty of the
Diet, and of the growing confidence of the Em-
peror. We were therefore surprised to find that
silence suddenly took place, and that the Aus-
trian Observer had no further reports to make.
The Emperor remained sullenly in Hungary,
and 'hints were given out that he was indis-
posed. It appears, now, that he really was
indisposed, but it was only towards the Diet.
The whole secret has now, we think, come out
by the publication of this imperial reproof. His
Majesty, in his wisdom, proposed one thing for
the deliberation of the States, and they them-
selves proposed another : his Majesty demanded
supplies, and they complained of grievances—
his Majesty wished support for his troops, and
they required security for their constitution.
" His Majesty has seen," says the document,
4C by the humble representations of the States of
" the kingdom presented to him on the 22d of
46 October, that the States have intrusted to a
CC commission the examimition of the Royal pro-
" positions concerning the labours of the Depu-
" ties of the kingdom, but that they have in pre-
" ference occupied themselves with objects which
appeared necessary to the consolidation of the
" constitutions of the kingdom." After this
auspicious commencement, his Majegty does
not hesitate to express his high displeasure

that the States do not see things exactly
in the same light as himself. " Ills Ma-
jesty is extremely afilicted," says the paper,
" that some jurisdictions of the kingdom have
" refused not only to contribute to the public
" good, which their duty towards their country
" and their confidence in their King demanded,
" but that they have proceeded to measures con-
" trail- to the Royal dignity and authority, and

" inconsistent with that obedience which subjects
owe their Sovereign." Ills Majesty afterwards
tells the States that the army must be paid, or
that he must employ measures foreign to his pa-
ternal feelings. Nay, he assures them that he will
" never suffer an encroachment to be made on
" his Royal rights, and will follow nothing but
" the resolutions of his conscience," though he will
be disposed o listen to the counsel of others.
The Emperor, after several menaces and pro-
mises, concludes by telling the Diet that his pa-
ternal intentions directed towards the well-being
of the Hungarian nation, cannot be fulfilled, un-
less the States, laying aside all spirit of faction,
pursue the legitimate discussion of the objects
proposed for their deliberation. If we have
room, we may give a version of this curious State-
paper to-morrow. In the mean time, we may
venture to express a hope that this refractory
conduct on the part'of the States may be taken
as an indication of the commencement of consti-
tutional improvement ; and the stoppage of sup-
plies may lead to Hungary, as they did in Eng-
land, to the acknowledgment of those popular
rights which are infinitely more valuable than
any money with which they can be purchased.

[MORNING HERALD.]
Consols opened yesterday morning at 831, and
alimately closed at 84. t to making an improve-
ment of 4 per cent on Monday night's quotation.
There was considerable business done. The rise

(which occurred at the latter part of the day) is
attributed to the Bears having been caught sell-
ing rather largely at the lowest points of depres-
sion, Monday and Saturday, in the expectation
of a further decline. Considerable quantities of
3 per Cent. Reduced Stock has been thrown upon
the Market within these few days. The lowest
price yesterday was 824. The Trans-Atlantic
Bonds are getting more and more out of repute
for bona fide investment, and it was difficult to
turn them into money at the price quoted. As is
customary, the nominal prices improved yesterday
along with Consols. Colombian 6 per Cents.
closed at 63 to 631, and Mexican 65 to 651.—
Greek and Spanish remained stationary ; the
former from 18 to 19, and the latter at
15, with literally nothing doing in either.—
Anglo-Mexican Mining Shares sold at 5, and as
they came out 5 premium, they may now be con-
sidered at par. Iteal del Monte, which were so
beautiful in prospective a few months ago, were
yesterday a drug at 10 pr. The general pressure
for money in the City is as severe as ever.—The
Foreign Exchanges had another small advance,
and the French are brought nearer to a par with
those of Holland and the North of Germany.—
Exchange on Paris was 25f. 474 to 50c. at three
months, and 25f. 174 to 20c. three days' sight.
The average advance on Holland and the North
of Germany was from 1 to 14 per cent. ; and
were there a deficiency of bills on this country
on the other side, they would now pay the ex-
pence of importing gold.