The Sun.
London, England, 1824-03-05 00:00:00

FRENCH FUNDS.

PARIS, MARCH 2.—Five per Cents. 103. 10; Bank Stock,
1.170. ; Neapolitan 5 per Cents. ; Rentes d'Espagne,
24i.—Fxchange on London, 1 month, 25. 40.; three months,
25. 30.—( Cours. Autlientique.)

Private letters state that the Rentes were done
on Tuesday evening at 104. 25.--Wednesday was
a holiday.

Ciry, Twelve o'Clock.—Consols opened this
morning at 941, went down to 94,1-4 E-, at which
Price they remain for the Account, and for Money
543-1-, with a
good deal doing in the earlier part
of the morning.
close of the Yesterday afternoon, towards the
Market, intimation was given at the
Stock Exchange, that the Holders of all Exche-
quer Bills, dated January, February, and
March, 1823, may receive Money, or New Ex-
chequer Bills, bearing an interest of 2d. per
cent. per day. The above caused Consols to fall
per cent. I understand that the Express of
Wednesday from Paris brings the Rentes at
104 f. 2bc.

FOREIGN MARKET.--The most doing this
morning was in Mexican Scrip, which was done
as high as 81, but All to 7-ii.

Copies of the communications between Great
13ritain, France, and Spain, relative to Spanish
America, were last night laid before both Houses
of Parliament. The Reader will find these im-
portant Papers in our first page. No debate en-
sued upon them, nor was their presentation ac.
euulPanied by any further verbal explanations
tither
from Lord LIVERPOOL or Mr. CANNING.
Ciur Readers are aware that Mr. CANNING, ill
parliament
pledging himself to communicate to
paarliarnent an explicit declaration of the po-
o I,.cY of the British Cabinet as to the recognition
the
independence of tht. new South American
t ""laments, at the same time stated that a ger-
alu Proposition had been made by Spain to this
ulintry
,--that the answer to that proposition
as then actually on the road to the Spanish
Capital,—and that after a reply should have
peen received in turn from Madrid, Ministers
3 would 1: be enabled to be more explicit on the
Co 'le". Now, on carefully examining the do.,
rilents last night presented to Parliament,
firld that the proposition of Spain was,

that a Conference of the Great Powers
should be held at Paris, for the purpose
of considering of the aid which might be afforded
to Spain in her efforts to re-establish her sove-
reignty over her lost Colonies! The answer of
Mr. CANNING to this proposition is dated the 30th
of January, and forms the last of the documents
submitted to Parliament.

The reply of the Spanish Government, there-
fore, has either not yet been received, or Mini-
sters do not think it expedient to give it pub-
licity.

If the reply of the Cabinet of Madrid has not
yet been received, the reserve of Mr. CANNING
and Lord LIVERPOOL, on what is, after all, the
main question, viz. as to whether the recognition
of South American independence is to be forth-
with made, or indefinitely postponed, by this
country, is easily accounted for. If, on the
other hand, the reply of the Spanish Cabinet
has actually been received in this country, we
must presume that it is not conformable to
the wishes and views of our own Govern-
' ment, and that Ministers have probably ad-
dressed some further representations to the
Cabinet of FERDINAND VII., previous to the
public declaration of their own final decision
on this vitally interesting topic. In the words of
Mr. CANNING himself, the recognition " cannot
be much longer delayed ;" and we may there-
fore confidently hope that before many weeks
have elapsed, the determination of the British Go.
vernment will be promulgated. Further delay in
this important affair is more dangerous than many
persons, perhaps, imagine. Ministers are doubt-
less aware that corruption and intrigue are at
this moment most actively at work in the New
South American States ; and that there have not
been wanting misrepresentatiens even as to the
real views and policy of England. We know
that pretty sanguine expectations are entertained
as to the possibility of bringing back both Mexico
and Peru, by these means, under the dominion
of Spain ; and that nothing is so much dreaded
by the authors of the dark agency to which we
have alluded, as the speedy recognition of the
South Americans by Great Britain,—a measure
which they feel convinced would effectually frus-
trate all their schemes. Ministers, therefore,
will, we hope, be both prompt and decisive. The
interests of the people committed to their Go-
vernment, as well as of those of a large section
of the globe, and indeed those of rational free-
dom and civilization throughout the world, will
be deeply involved by their tardiness or irreso-
lution.

The Papers already presented to Parliament,
are, as far as they go, most satisfactory.

We have not room to-day for the continuation
of our remarks on the plans of the CHANCELLOR
of the EXCILEQUER,—a circumstance, however,
which we the less regret as petitions and remon-
strances are continsally coming before Parliament
from the parties whose interests will, in the first
case, be so deeply affected by the threatened al-
terations in our Commercial System. It is never-
theless of importance to continue the discussion,
and completely to explode the visionary theo-
ries on which these hazardous experiments are
founded. We observe that several of the Morn-
ing Papers have committed very great errors
in their Parliamentary Reports,—making it
appear that the Silk and Woollen Manu-
facturers are petitioning against the repeal
of the duties on the importation of their raw
materials,—whereas, the former petition against
the importation of foreign manufactured Silks,
and the latter against the exportation of British
Wool.

The KING IS expected in town next week, to
hold a Council, at which the RECORDER will
present his Report to his MAJESTY.

TIIE POPE.—His Holiness is nearly quite re-
covered from his late severe illness.
The celebrated CAMBACEREIS has had a fit of
apoplexy, followed by palsy, which left doubts
of his recovery.
Yesterday, at two o'clock, another Cabinet
Council was held at the Foreign-office, Downing-
street, which was attended by most of the Ca-
binet Ministers. Viscount MELVILLE was absent,
being still confined by indisposition. The Cabinet
sat in deliberation till near four o'clock.

Yesterday the Duke of YORK visited the
Princess SOPHIA. Prince LEOPOLD went from
Claremont to Bushey Park, on a visit to the
Duke and Duchess of CLARENCE. Ills Royal
Highness returned to Claremont in the evening.
Yesterday, at twelve o'clock, a Deputation of
six Journeymen Silk Weavers waited upon the
CHANCELLOR of the EXCHEQUER, at his house in
Downing-street, respecting the reduction of the
Duty on Silk. The conference lasted about half
an hour.

THE MARQUIS OF TICHFIELD.—TiIIit following
Bulletin was issued yesterday, at the Duke of
PORTLAND'S, in St. James's-square : CC The
Marquis of TICHFIELD is, Still in a dangerous
state."

The Fier de Despigne, Arojo, from Oporto,
was seized at Para; on the 27th of October.