The Sun.
London, England, 1841-01-16 00:00:00

control, not over the erection of the works, but in
the means and manner of their erection, an.l of
the time most expedient for such a purpose. It
likewise remarks, justly and sensibly, that military
science is no longer what it was in the days of
VAUBAN, and that it was soothing to the vanity
of NAPOLEON, when an exile in St. Helena, to
suppose that, had Paris been fortified, he would
then be on the throne of France. The Commerce
which, from the outset, steadily, unflinchingly, and
patriotically opposed the fortification of the capital,
knowing the rear design to be the repression of
any liberal movement on the part of the Parisians,
describes the report in the following terms :
Knowing the paradoxical nature of M. Tillers, and
his undeniable facility in disguising the reality of facts
by the seduction of eloquence, we did expect, in a work
which has occupied so much time, and which must
have so decided an influence upon the present and
future reputation of M. Thiers, some new ideas of im-
portance, and, at the least, a display of political energy.
We are disappointed. Nothing more poor in sophistry,
more trivial in mind, more empty and declamatory, can
be conceived than this work, which gives us a true esti-
mate of the capacity of the ex-Minister.

The Quotidienne a Royalist paper, says of the

. .
Report that it was received by the Deputies coldly,
and with a silence which appeared to be condemna-
tory of it even by his friends. M. 'VIERS' repu-
diation of circumstances arising when the Govern-
ment might turn the guns of the forts upon Paris
absolutely frightened the extreme left. We pi e-
sume a glimpse of the real object of the works for
the first time burst upon their minds.
The following remarks on the armaments in
France are from the private correspondence of a
Contemporary. We trust for the sake of France
and of Europe, they are well founded :

I have every reason to believe that M. Guizot has
just made to the representatives of the greatrowers the
subjoined calculations, which are certainly of a nature to
remove much uneasiness as to the belligerent attitude
of France.

The effective of the army, as carried up by the war-
like ex-Thiers Ministry, amounted to 480,000 men, by
resorting to the reserves anterior to 1840. Now, these
480,000 men have been reduced up to the 31st of Dee.
last to 430,000 men, by the disbanding of the class
of 1833, in conformity with the recruiting law. By the
half-yearly disbandings, under the operation of the same
law, up to March 1, the effective will be still further de-
creased to the extent of 143,000 men, and at that period
DO more than 290,000 men will comprise the French army
But if you take from this latter amount 70,000 men
absorbed by the war in French Africa, the garrisons
composing Corsica and the French colonies, only
'20,000 men will, in point of fact, be found to con-
stitute the military force of France. From this amount
you must also deduct at least 6,000 veterans and 13,000
gendarmes performing civil and criminal functions, so
that the real army of the country amounts after all to
but 200,00) men ; the army's ordinary force, it must
be remarked, in a time of profound peace. Indeed,
the statistics may be justly and legally estimated at a
lower rate, for there is always at least a fifth to be deducted
for the actual difference subsisting between the paper re-
turns and the positive elective. It the tables are pro-
perly dissected, and the balance fairly struck, an army
of 160,000 men is nearer the mark when the Ist of March
returns will be made up. It is useless to enter into fur-
ther calculations as to the number of men soliciting leaves
of absence or definitive retirements from service. I have
confined this statement to round numbers, which are
susceptible of confirmations by reference to the returns,
It can only be in the year 1843, when the accounts of
1841 are discussed in the Chamber, that the line of
conduct pursued by the present Ministry can be pro-
perly ascertained, for it' has
.had to meet the
able exigenciei of public opinion,-with the very natural
suspicions of the great Powers. It is to be hoped that
the ►ncalculable advantages of the prolongation of the
state of peace will then be thoroughly appreciated.
The French people, if they recover from the dreamy
aspirations caused by the fantastic and exaggeratedelo-
quence of M. Thiers, may then hereafter have good
cause to rejoice at having escaped from the emotions of
1840, and perhaps some reserve in the treasury by the
operation of the reductions may compensate for the
hollow language of mistaken and misguided nationality.
The Constitutionnel states it is the intention of
M. GUIZOT to appoint M. CARNE to an Em-
bassy, and that France will henceforth be repre-
sented at the Court of Madrid by a simple Charge
d'Affaires, who will take no part in the political
squabbles of the Regency :

The Piedmontese Gazette says that letters from Con-
stantinople, dated the 22d, state that the Sultan had
decided to grant to the Viceroy only the Government
for his life.

The Moniteur publishes an extract from a" report
of Marshal Vallee to the Minister of War. This IT-
port is only the development of the telegraphic des-
patch which we published yesterday. The state of AL
geria, says the Marshal, appears to be satisfactory in
every respect.
In the extract of a report addressed to Marshal Val-
lee by Lieutenant-General Galbois, dated Constantine,
Dec. 30, similar results are announced.

The Ptesse says—" We have reason to believe that
the baptism of the Count de Paris is fixed for the Ist of
May next, and that it has been notified to the diplomatic
body."—Le Constitutionnel.
BOURSE.—PARIS, THURSDAY, JAN. 14.
first Highest lowest last
Price Price. Pricy. Price
Preach S per Cents ll2 65 ... IP: 70 ... 112 35 ... 112 33
4% per Cents lO.l 10 ... 102 50 ... 102 50 ... 102 10
4 per Cents OO ... 99 ... 90 .. 69
3 per Cents 77 75 . 77 75 .., 77 45 ... 71 4i
'tank of trance
Laffitte Bank 1.0010..811 1057 50 —1,57 50 _1057 50 ...1n57 5.,
SCCUL stares 5132 50 ..,5132 Z,O ...5102 k.) ...5P12 10
Liclgian Bank
5 per Cents OO% ... 993 ii ... 99 .., $.O
New Loan
ipaiit:h Active 24% ... '2l ... 24as ... 24%'
Passive 6 ... 6 ... n ... ti
Neapolitan lOl 80 ... 101 80 ... 101 80 ... ,01 81
Roman .... 100 ... 160 ... u.)7/ ... 99L
RAILWAY SHARES.
St. Germain
Ve,sailles,R, B 422 50 ... 482 5C ... 417 50 ... 420
L.B. 217 50 ... 317 50 ... 310 .., 310
Orleans .
Strasburg to Bale 248 75 ... 248 75 ... '.40 25 .. 246 23
DUTCH FUNDS.—.AHSTERDAM, JAN. 12.
51oney.r•Bili,
lanai Debt, '2% per Cent ..................... 50,1' 59A,
.)itto, ditto 5 per cent. .................... .... 97% 94
A mart Svinlic,4% per .................. .. 86ii ttr%
Ditto, ditto, 3% per cent. ..................... 70X 71,4
Commercial Company, 4) per cent lss% 15914
Ditto (1835 and 1837) 5 per cent.
Loan 1537, 5 per cent.. .............. ...... 1: 6 9.5%
Exchange on London, One m0nth,,,.,,,,,,,, 12 0
Two months
Dutch Papers, Jar,. 13.
BELGIAN PU N DS—PS it usw 2id . JAN. 13.
Actual Debt, 2% per Cent.
Rothschild's Loan, 5 per Csnt iifili
Loan of Thirty Millions, 4 per Cent. 99
.(1.40) 967i
3 per Cent. —!.

---.Thirty.fieven---___ 1.9
Loan of City, 1ti3:1,, 4 per Cent 9O
Society of Comm Tree, 4!.iper Cent ll'4
Bank of Belgium, 5 per Cent .............
National Society . —
Exchange on Lomlow (shoit)
—Brussels Papers, Jan. 13.
AUSTRIAN FUNDS.—VIENNa, JAN. 5.
live per Cents. Aletalliques
Yokr per Cents.
Three fmr Cents.
Bank Shares 16:5
--Allzenieute Zeaung, Jan. 10

The Madrid Journals received are of the 6th
inst. The ex-Minister AN AZOL A had obtained
from ESPAIITERO permission to return to his
native country. There was no longer any idea
entertained of a war between Spain and Por-
tugal. British mediation was expected to settle
everything amicably.

The deputation of the Province of Guipuzcoa,
yielding to necessity, had submitted to the
authority of General A LcA LA, notwithstanding his
refusal, by orders of the Regency, to swear to main-
tain the Provincial fueros, but under a solemn pro-
test against such a
proceeding on their part, mili-
tating in future against the rights and privileges
of the Province. The 6th being a holiday, the
Madrid Bourse was closed.

On the 2d inst., the new municipal authorities of
Vittoria took the usual oath of office on the sword
called el Machete Vittoriano, in the church of San
Miguel. It was tendered to the members by the
Secretary of the Munidpality, as follows :—" You
swear, before God our Lo .d, and the Viig n Mary
i is mother, by the holy Evangelis's and the :Machete
Vatoriano, which
hand, that, in your rapacity orocurador-General of
and its jurisdiction, this cityyou hive touched with your right
hand,
you shall defend, efficient:y
and faithfully, all the rights, priti'cgcs, immunities,
and liberties appertaining to this city. Should you
neglect to do so, may God bring you to an accoun t
fa your conduct, and your head be cut off with the
iron and steel sword el Maelicle Vitirwiano." Thu oath
was successively taken by each of the municipal
councillors.

MEETING OF PARLIAMENT.--The Wowing
circular has been addressed by Lord J. Russell to the sup-
porters of Government in the House of Commons :
.4 Downing-street, Jan. 2, 1841.—Sir,—The meeting of
Parliament being fixed fur Tuesday, the 26th inst. I
take the liberty of very particularly requesting your at-
tendance on that day.—l have the honour to be, your
obedient servant, • • J. RUSSELL."
DOVER, JAN. 15.—The report just received by
the French mail is, that the
English mail hags were lost at
Boulogne, by the French pilot-boat eapsising on the bar,
and some of the crew drowned.