The Sun.
London, England, 1822-12-30 00:00:00

which has been making military preparations, on
a scale of magnitude sufficient for contending, not
only with the routed insurgents, but against
foreign invasion, is of course in a condition which
will enable her rapidity to extinguish the remain'
iug embers of the civil war, after which, being
no longer C 6 torn by factious," her situation will
present her neighbours with no pretext for
1 hostile interference ; and even the " canservs'
tory measures"'' of France may safely lit
dispensed with. In short, the instructions te
the Count de la GARDE completely demon'.
strated the disposition of France to maintain
peace. So long as she keeps up her Army of
Observation the Public will doubtle'ss continue
to be alarmed with all the rumours to which the,
ingenuity of Stock-jobbirez cupidity may give
birth ; but the state of Spain must become ex-
ceedingly offensive indeed, oria very remarkable
revolution must take place in the French Cabinet,
before the present pacific dispositions are abut-
cloned. The wise,prudent, and humane resolution
at length adopted by France, has already been
very differently received by our contemporaries.
Some have thought that she has covered herself
with ridicule by withdrawing herself from a cone
flict which she was at one time so eager to court.
Others have fancied that in the tone and tenor
of the Instructions to her Minister at Madrid,
there may still be discovered a half-concealed
determination to invade Spain, if the Spaniards
do not immediately alter their Constitution. We
cannot coincide in opinion with either of these
parties. It has been all along known that the
French Cabinet was divided on the question of
war. France, therefore, has incurred no ridi-
cule, but has rather acquired fresh claims
to respect, from the triumph of the more wise
and moderate party in her Councils. As far
the tone of the instructions sent to Madrid,
it is generally more temperate and concilia-
tory than could reasonably have bees) expect-
ed. Did any one expect expressiohs of un-
qualified friendship, of admiration and praise, to
the Spanish Constitutionalists, from a Cabinet
which had just before been discussing the policy
of issuing a Declaration of 'War against them?
Had the 'discomfited party in the French Cabinet
no right to insist that the abandonment of hostile
intentions should at least be expressed in mea-
sured language, and accompanied with wrier
shew of dissatisfaction with that state of things
which they were anxious to overthrow by force,
of arms ? Was it not incumbent upon Fr4nce,
in deserting the views of Austria, Russia, and
Prussia, at least tofay her Allies the compliment
of something like'an appearance of participation
in their feelingo These, considerations are enough
to shew that there is nothing in the Instructions of
the French Minister to justify any farther uneasi-
ness on the part of the Public. The influence of
these considerations, we have no doubt, will be
seen, perhaps even to-morrow, on the prices of the
funds. We confess that for our part we expected
that France would have made demands, which
would have long agitated Europe by the
negotiations to which they might have giver',
birth. On the contrary, all things considered,
her Declaration is exemplary for its modera-
tion, and by its candour reflects honour 00
the integrity and wisdom of her councils .---,
We are of opinion, that the idea of a war
between France and Spain originating wit#
France,-- may be altogether discarded.---The,
instructions to her Minister express no more
than was said by us in the article which
the Moniteur quoted from the Sun of the 2001'
instant, that it is to be hoped that the Spaniards
will furnish France mith no NEW MOTIVE FOR WAR,'
at a time when PACIFIC COUNCILS SEEM TO HAI'S
PREVAILED IN lIER CABINET ! Our Ileaderit
will see that we judged rightly, when we said oil
Saturday last that the quotation of our sentiments
by the Moniteur, was a strong indication in fa'
your of peace. It is now evident that the ob-,
ject of the Moniteur must have been to prepare
. •
the public mind for the official declaration of Simi'
lar sentiments by the French Government.

We have inserted an interesting account of
the Greek naval victory. The mention which jo
made of the conduct of Captain HAMILTON, and
of the instructions which had been given 10t
only to the English but to the French Consul',
respecting the Greek blockade, is highly impor:
taut. .There are many reasons for believing that
it is n.A France but Russia, that has been discon-
certed by the vigorous and prudent policy of Ali'
CANNING with respect to the Spanish question•

FRENCH FUNII6.-DEC'. 27.
Five per Cents.
Closed at -
1590 f.