The Sun.
London, England, 1838-03-12 00:00:00

is raised as against a Camarillo, and a thousand malevo!ent
interpretations are given to the simple act. To this the
Nationnel replies that it cannot comprehend what busine,s
officers cif the army have in the saloons of the Duke of
ORLEANS more than any other class of public functionaries,
and persists in asserting that General BERNARD, the War
Minittcr, is a mere political and official cipher, to which the
proximity of the Royal Duke gives all the nominal value.
The Bill for granting a pension to the widow of General
DAMREMONT has finally passed the Chambers in the form
in which it was amended by the Peers.
The project of Law for reducing the interest on the Five
per Cents. is still talked of, but it is no longer a secret that
Ministers ‘vill oppose it with ali their influence.
The following are extracts from the Paris Journals of
Friday and Saturday :
We are authorized to announce to lenders of Spanish loans
that his Majesty, Charles V., King of Spain, has declared
upon his royal faith, that he will io uo case recognise the toms
contracted by the usurping Government."—Europe.
" The Debats -states that the emperor of Austria has ap-
pointed Count Megent, a Colonel in the Austrian infantry, to
to office of commandant of Cracow, riming the remainder of
the term of occupation, and that the new commandant had been
presented to the Regency, and to the residents of the three
protecting powers by the Austrian resident.
" According to a letter of the 2d instant from Saragossa,
General Santos San Miguel marched on the 20th ult. from
• Caspe to Gandesa, at the head of the division of Abecia. He
took with him 200 mules, for the purpose of bringing away all
the valuable property at Gandesa, in case of the town being
• at some future time forced to surrender. Another letter states

that the siege of Gandesa was abandoned by the Carlists, as r
soon as the above-mentioned movemet.t beca-ne known. Bri-
gadier Leon el Conde made an unsuccessful attempt to pass
the Arga in front of Echauri on the 26th. Ills intention was
to have burned all the villages of the valley of Echauri. The
Carlists repulsed him with less.—Phaee de Bayonne.
" It is stated in a Madrid le:ter of the 27th ult. that, at
the financial meetings held in that capital on the question of
consolidating the Spanish debt, the majority has been in
favour of consolidating only one-third of the Active Debt,
which is to be henceforth called the corsolh'ated debt of
Spain. The other two-thirds arc to be exchanged for certifi-
cates of debt without interest, each certificate being to the
amount of 2,500 franc=, the mode of payment of which is to
be hereafter settled. The coupons or dividends of the Ac-
tive Debt due and unpaid are to be converted into capital,
one-third of which is also to be conversed into a consolidated
debt, and the remaining two-thirds into certificates without
interest. One- eighth of the Deferred Debt, the Passive
Debt, and the Deterred Debt of 1834, is to be consolidated,
and the other seven-eights to remain in certificates without
interest. The payments of the half-yearly dividends are to be
resumed on the Ist of January, 1839. should these bases be
determined upon, the Government will prevent a Bill to the
Chambers for carrying the plan into effect, founding it upon
the st tte of civil war in which the country is placed, but more
particularly on the disorders and abuses committed during the
administration of Nlendizabal, when, under the pretext of the
vote of confidence, theta were sent into foreign markets in-
scriptions at the active debt, to an amount so enormous that
all the strength of the Spanish treasury has been unable to
bear the weight thus thrown upon it. It is in this new con-
solidated stock that the contracts for the loans now in agita-
tion aro to be made. Several Deputies wished that the re-
duction should not be extended to more than one-half ; but to
this it was replied that it would be much better to make such
a liquidation as would enable the promised payments to be
made, and thus offer only what could be performed. The
creditors of Spain, however unfortunate their position may
be, cannot but he satisfied with the laudable anxiety of Count.
d'Ofalia's Cabinet to repair, as far as possible, the evil done
them under the administration of Mendiaabal."--lilentorial
Bordelais.

FRENCH FUNDS,—PARIS, MAkcii 10.
Five per Cows., 108 f. 10Sf. 10c.
Four per Cents., 1021.
Three tier Cents., 80f. 10c. sc.
Bank Actions, 2,e40f.
ente (le Naples, 99f. 55c. 60c.
Roman Five per Cents., 1017, 14.
Spanish Actives, 20N 21 20%:X.
Spanish Passives, 414 % •
Belgian Loan, Five per Cents, 104%.
Belgian Bank, 1,512 f. 50c. I,lllf.
Portuguese Loan, Three per Cents. 9.0 X.
Haytian Loan, 400 f.

EXCHANOR ON LONDON.
One month, paper, 55e. ; money, 25r. 52g, c
Tyree months, paper, 25f. 40c. ; money, 25f. 40z.

'LAST PRICES.

Five per Cents. 10Sf. Isc.
Threeper Cents., SOf. 15c.
Bank Actions, 2,610 f.
Romans, 101%,
Belgian Loan, 10134.
Belgian Bank, 1,512 f. 50c.
Portuguese Three per Cents., 20%.
Haytian Loan, 400 f.
Spanish Actives, 2034.
Spanish Passives, 4%.

Madrid Journals of the Ist instant were received this
morning. A change of Ministers is daily expected. On
the 24th ult. General ORAA was at Murcia, at the head of
5,300 troops. The longer protraction of the war was dw-
nouneed by men of all parties ; and Ministers were making
preparations for an effective summer campaign. The
Carlists are equally on the alert,' the Great Northern
Powers having threatened to recognise the QUEEN in the
event of Don CARLOS failing for another year to enter
Madrid in triumph.

Brussels and German Journals have been received this
morning. On the 4th inst. two steamers cleared Cux-
haven for London and Leith, the channel there being en-
tirely free from ice.
An account reached the Hague on the Sth that the King
of HANOVER had dissolved the meeting of the Estates of
his 1;.-ngdorn, in consequence of a majority declaring in
favour of the Constitution of 1833. We attach no credit
to it.

Letters from Athens of the 13th ult. were received in
Vienna, in which it was stated that King OTIIO had at
last taken the reins of Government into his own hands to
the great delight of his people. If King 01110 desire the
love of his subjects, he must dismiss from his Councils
the swarm of Bavarian adventurers that infest the capital,
and monopolize those preferments to which none but na-
tive Greeks should be suffered to aspire. As the Consti-
tution of Hanover and the Cologne affair are the all-en-
grossing subjects of discussion in the German Journals
just now, we extract from them the only news they con-
tain from the capitals of Hanover and Prussia :
HANOVER, MARCII 2.—The debates in the two Chambers
are naturally the subject which most deeply interest the
public, but we only judge from hearsay. Ncthing official has
been published respecting them, unless we consider a; such
the short notice in the Hanover Gazette. It is said that there
were rather warm debates in the Second Chamber the day
before yesterday, and even that some Deputies withdrew.
GOTTINGEN, FEB. 26.—M. Hugo, formerly Deputy for
our city, received on Saturday leave of absence to enable him
to take his seat, though it is said that in his application he
referred to the Constitution ; in the answer it was remarked
that the Constitution was no longer in force, and consequently
the paragraph referred to could not be taken into. account.
He set out for Hanover the same day. M. Plank,
Judge in the Supreme Court of Appeal at Celle,
has not accepted the choice made of him as Deputy for
the University ; but it is said he has received the necessary
leave of absence, which he did not apply for, though it is
well known that the business of the Court of Appeal is very
great, and a man like Mr. Plank cannot well be spared.
Respecting our University there is ample scope for conjec-
ture. Even the list of lectures for the next six months has nit
yet been printed, in consequence of a special prohibition.
People ask what new teachers may be expected, after so many
who would have been an honour to the Univ(rsity hive de-
clined. On the other hand, an able teacher in the faculty of
jurisprudence has already accepted ar invitation to Basle ; an
eminent professor of divinity is arid to expect an invitation to
another University, and several others to be engaged in nego-
ciations.

HANOVER, 'Matzen 6.—The Gazette (,f the 3d, sth, and Gth
contains no notice whatever of the proceedings of the two
Chambers. That of the sth gives the Memorial delivered
with the Constitution, and that of the 6th the Constitution
itself, which was published some days earlier in the Cassel
Gazette.
BERLIN, MARCH s.—There are very frequent conferences
between the Ministers, which relate to the Cologne affir,
which is very extensively made use of to excite political con-
fusion.
A report is circulated to-day that a very important diplomatic
step has been taken to check the hostility which so openly
manifests itself, and is pertinaciously carried against the in-
terest cf Prussia, through the Press, in a part of Germany.
This language and this tendency become daily more and
more decisive, and disdains neither religious nor political
fanaticism to influence the people's minds. Its objects and
views are wholly of a political nature, and have nothing what-
ever to do with religious sentiment. Very extensive means
have been organized to obtain admission and notice for such
writings, especially among the lower classes, and the effects of
this literary activity must be designated as revolutionary and
alarming. Nay, it endangers the tranquilii-y &Germany and
prefaces a profound fermentation. pave these who kindle the
tire considered whether they have water enough to extinguish
the flames? Wh:.t will they have? What do they aim at?
One can scarcely believe one's eves, when one looks at the
writings that have been published lately on the affair of Co-
logne, under the German Censorship, and which have been
largely distributed. Whither shall this lead? Is it the com-
mencement of a system? Truly such a system might draw
consequences after it of which the authors lave never dreamt,
At least cert.in actors, writers, and witnesses are not to, be
understood, unless we assume that it is intended to excite uni-
versal confusion, to shake the social relations of Germany to
the foundation. Such is the expression of public opinion here,
and it is lone' since it has expressed itself in so peremptory a
manner. The religious and ecclesiastical
part of the Cologne
affair has been treated with- the most delicate consideration,
with a conviction, as is to be assumed of course in the Prve,e;:-.,
Government, that this affair is not to ";,ark for
political objects. All well-diepcwed peM;:ns are unanimous in
this. But it will not come up to this. A paraseraph on the
affair of Coloine just .fiablished Ole 1419 qf the " Her-