The Sun.
London, England, 1847-01-18 00:00:00

THE SUN, LONDON, MONDAY EVENING, JANUARY 18, 1847.

MRS. GORE'S NEW WORK.
Just ready, in 3 vols. post Svo.
TEMPTATIOA AND ATONEMENT.
By Mrs. GORE.
Authoress of " Mothers and Daughters," " The Banker's Wife," &c.
henry Colburn, Publisher. 13, Great Marlborough•streut.

RAILWAY SHARES BY PUBLIC SALE.
MESSRS. LAMOND and Co., RAILWAY
SHARE AUCTIONEERS, beg to thank their Friends
and the Public for their continued support and patronage, and
to announce that their Public Sales of Railway Shares, &c.,
take place every TUESDAY and FRIDAY. at One o'clock, at the
Hall of Commerce, Threadneedle-street, London, to which place,
favours, containing instructions (with a reference), are respectfully
requested to be addressed.
All Scrip and Share Certificates must be deposited, the day
previous to their being offered; and advises of results will be
forwarded by the first post after the sale, and the proceeds !Hume-
eiately disposed of according to instructions.
OfElces, Hall of Commerce. Threadneedle-street. London.

THIRD EDITION OF
"THE S U N."

PARLIAMENT MEETS TO-MORROW,

THE 19TH,

AND, AS USUAL, THE
VERY LATEST NEWS

WILL BE FOUND IN THE
THIRD EDITION OF " THE SUN,"

WHICH WILL CONTAIN THE
DEBATES IN BOTH HOUSES OF PARLIAMENT
UP TO THE HOUR OF POST,
THEREBY ANTICIPATING OTHER PAPERS BY
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IHE WEATHER.—SUN OFFICE, JANUARY 17.
T ERMOMETER, Lowest, 26; Highest, 36 ; Noon, 29.
BAROMETER, 30.15.—Frosty.
JANUARY 18.

THERMOMETER, Lowest, 27; Highest, 30 ; Noon, 29
BAROMETER, 30 12.—WIND W., frosty.

Rhin WATEK AT LONI>ON-t-SKLIK3E Tillb DAY.
Morning .. 36 minutes after 2. I Evening .. 59 minutes after 2.

be the amount of relaxation in the restrictions upon
importation.

We have every confidence, not only in the inte-
grity and sagacity of the Administration, but
in the benevolence and courage of her MA-
JESTY'S Ministers. And as that integrity, that
sagacity, that benevolence, and that courage
all point equally to the immediate opening of the
ports, there can be:no rational doubt that our Free-
trade Ministers will follow that course which public
opinion and the national necessities have already
smoothed before them. There is literally no obstacle
to this course worthy of a moment's consideration.
If ever the minds of the people were united upon a
question of commercial policy, they are unanimous at
the present moment as to the demolition of the last
rags of Protection. The opening of the ports must
be simultaneous with the opening of Parliament, or
it must follow immediately afterwards.

Never did a Parliament assemble under circum
stances of greater excitement than will the one to be
opened to-morrow by her MAJESTY in person, as well
with respect to the fate of the measures likely to be
introduced, as the actual state and ultimate fusion of
parties, upon which, either for success or defeat,
the issue of the Ministerial policy rests.
We have it announced, that in accordance
with established usage on the eve of a new
session, Ministerial banquets will be respec-
tively given by the Premier and the Marquis of
LANSDOWNE. Besides this, we are informed that
Lord STANLEY, as the recognised leader of the Pro-
tectionists, will give a sumptuous entertainment to
his political adherents. This is a novelty in Lord
STANLEY'S public career. But we have a greater no-
velty still, consisting in the fact (as far as we may
judge from the absence of positive intelligence),
that for the first time, after a protracted series
of years, Sir ROBERT PEEL will not give a public re-
ception to his Parliamentary supporters. This is a
significant departure from the practice which he has
uniformly adopted, whether as the leader of the Op-
position, or in his capacity of Minister. 'We augur
favourably from this act of omission. It affords a
strong presumption that Sir ROBERT PEEL will not
resume his seat in the Senate animated by any feel-
ing of factious opposition to the Government ; that he
is prepared to act as an independent and useful mem-
ber of the House, to support the Cabinet, in a con-
scientious and dispassionate spirit, as far as he can,
under the arduous difficulties by which they are sur-
rounded, and, to the extent to which the opportunity
may be afforded him, to impart stability to the
official existence of the present advisers of the Crown.
It may be premised with tolerable accuracy that,
substantially, the representatives of the people will
approach St. Stephen's to-morrow in the same sec-
tionized condition in which they found themselves at
the close of the last session. Supposing, then, that
after the measures of the Ministry shall
have been brought forward, and their future
policy fully divulged, Sir ROBERT PEEL
should not be enabled to yield to it his cordial
approval, we apprehend we shall find him adopting
the same course which he followed upon the Sugar
Duties Bill of the present Cabinet, when the Parlia-
mentary labours of 1846 were well nigh terminated.
On that occasion he contended that a better Bill
might have been framed, but looking at the difficulty
that would have attended the formation of a new
Government, had the Ministers been left in a minority,
he overruled his objections and voted for the measure.
Deserted by the Protectionists, of himself he was
not prepared to resume the reins of power; and, at
the same time, he made no secret of intimating
emphatically to the Monopolists that any attempt on
their part to constitute a Government would be in-
fatuation. Under such circumstances, Sir ROBERT
PEEL traced the only line for his guidance,
as an eminent public man, that was con-
sistent with patriotism and sound practical wisdom.
In a constitutional point of view, the part which he
took during that extraordinary conjuncture of public
affairs was strictly correct. 'With an empire like
Great Britain, whose imperial sway is extended over
such vast dependencies in every quarter of the globe,
a strong Government at home is of para-
mount consideration ; a weak one is ever
productive of mischief, internal and external.
Though the present Administration is not so strong
as we could desire, still it is undoubtedly the best
that we can hope for in the existing disorganized
state of parties; and we are not without the hope
that when their national schemes are unfolded, as they
shortly will be, their position will be considerably
improved. But, apart from the absurd principles of
political economy with which they have identified
themselves, of all Cabinets that might be
formed, a Protectionist would be the weakest.
In 1834, when he seceded from Lord MEL-
BOURNE'S Government, and studiously kept aloOf
from Sir ROBERT PEEL'S, which succeeded, Lord
STANLEY was sanguine enough to think he could
supplant Sir R. PEEL, and that before long the Pre-
miership would have been within his grasp. In this
expectation his Lordship signally failed. In 1846
it is not improbable that Lord STANLEY'S secession
from the late Administration was dictated by a similar
aspiration. The passing of the Corn Bill by the
Lords must, however, have considerably abated the
ambitious design ; and it may safely be predicated
that the ensuing session will not serve to revive the
ardent wishes of the headstrong heir to the Earldom
of Derby.

We have already directed the public attention to
the fearful consequences that must inevitably be the
result of a continuance by the farmers of the system
of neglect and apathy they have hitherto exhibited
with respect to the cultivation of the soil and the pre-
paration for the ensuing harvest, matters on which
the future prosperity and welfare of the nation is so
entirely dependent. Whatever may be the causes by
which that neglect has originated•—whether it is
wholly occasioned by the poverty of the occupants,
and their consequent inability to meet the present
expenses of tilling and sowing the land; or whether it
is partly owing to an attempt on their parts to assume
an appearance of greater distress than is really the
case, and thus to evade their just responsibilities, and
induce their landlords to act with greater liberality,
and perhaps to obtain Government assistance, in the
shape either of a gratuitous distribution of seed or
money, in aid of wages for the necessary labour, still
every means should be adopted, every exertion used
to remedy the evil. The mischiefis not confined to a
single locality or district, but is, unhappily, general.
The gentry of Cork, Cavan, Carlow, Meath, Wexford,
and many other parts of the country, have given ex-
pression to the feelings of alarm that are naturally
excited at such an untoward state of affairs, and have
called for the establishment of seed depots by the
Government, and other assistance, in order to enable
the farmers to get in their crops. We are quite con-
vinced that the Executive will not be found wanting
when the time for action arrives; but we must again
repeat that it is the resident gentry of the country
who should take the first steps in the matter. Nothing
could he more mischievous than an unnecessary in-
terference by the State with that which should
properly be effected by individual enterprise. The
moment the nation commences the importation and
distribution of grain of any kind, whether for food or
seed, that instant all private dealers will withdraw
from an opposition that must be ruinous. There
would be no advantage in the authorities attempting
a partial supply : if once they made a beginning
there would be no retreat, no opportunity of retracing
their steps; they should persevere, and any failure on
their part would occasion the greatest mischief. A
strong illustration of the prudence of the Government
course, in suffering the demand to regulate the
supply, and the customary dealers to regulate the
market, may be found in an extract from the letter of
a correspondent of the Cork Constitution, who in
writing. of the fearful distress existing in the western
districts of the county of Cork, says—
" The destitution in the neighbourhood of Castlet3wn
(l3erehaven) has been greatly aggravated by the arrival
of a commissariat officer, rumours having gone abroad
that the Government was about to open a food del:kit,
which has prevented commercial people from sending sup-
plies of food as heretofore. The consequence is that
the supplies in the town are exhausted, and the whole
district is now without food."

And such unquestionably would have been the result
of any attempt on the part of the Government to
usurp the place of the dealers in any description of
merchandise. They would. have driven all private
speculators out of the field, and in the event of any
failure of supplies, would indeed be responsible f9r

all the mischief that would have taken place. We •
are free traders in the most extensive meaning of the
term ; we are fully convinced that any interference
with the natural course of traffic of free and unim-
peded barter is invariably injurious even to the in-
terests it was intended to promote. Every article of
merchandise will find its natural level where there
are many persons employing themselves in its pur-
chase and disposal ; but if one gigantic power
extinguishes all the others ; first, a monopoly
is created which, though it may greatly
enhance prices, and restrict and fetter com-
mercial intercourse, cannot reduce those prices
beyond the fair value of the article to be provided.
These may be called the heartless doctrines of poli-
tical economy. Many kind-hearted and benevolent
men may be found who led away by their feelings,
and deeply sympathising with the unhappy sufferers
from may blame the Govern-
ment form notn and v destitution,ng adopted
another course, and im-
ported bread-stuffs freely to supply the destitution in
the country, but such a course would have, in all
human probability, occasioned far greater want and
destitution than that it was intended to remedy, so
soon as the Government was about to resume its
natural functions, and to leave the corn market to the
regular corn-dealers. The establishing of seed depots
generally throughout the country appears to be open
to this objection—it would meet a present evil by
the creation of a greater in future, it would be like the
act of a spendthrift who, so long as his present wants
are supplied, and his wishes gratified, thinks little of
the day of reckoning that must eventually come.
The landlords themselves, or their agents, should
look after the tillage on their respective estates, if
they do not do so they sacrifice their own interests;
how can they expect to receive their rents if there is
no preparation made for the crops, by the produce of
which that rent can alone be provided, they should
use the influence their position entitles them to, and
enforce, in every way, immediate action by such of
their tenantry as have the means within their power.
The man with corn in his haggard, or money in the
savings' bank, can have no possible excuse for leaving
his fields uncultivated, and not providing for the
wants of the future year; while the really destitute
should have assistance afforded by the landlords, who,
as we have already said, are most deeply interested in
the result. The most practical suggestion was that
offered by the county Meath meeting, who pro-
posed—

" That such landlords as would make themselves re •
sponsible to the Government for the necessary advances,
should be permitted to till and crop, for the present year
only, in an improved manner, and with the most bene-
ficial productions, the farms of those tenants who may
be in the predicament prescribed, and whose holdings do
not exceed ten statute acres—the landlords and tenants
agreeing as to the mode of tillage, cropping, and amount
of expenditure, as well as the proportion and the manner
in Iwhich the landlord is to be indemnified, and the
tenant's crop thus produced to be considered if neces-
sary a collateral security to Government for the expen-
diture on the land."

Now this is certainly a tangible proposition, but
we do not see how, by any possibility such tillage
can be brought within the meaning or character of
the " reproductive works" alluded to by the Treasury
minute. That minute contemplates works of a per-
manent and lasting description, and such as would
fully recompense the remainder-man for the charge
with which his inheritance may be burdened. It may
be very desirable that there should be a power
afforded to the Government, to make advances for
such a purpose ; but we do not see how they can
in any manner be brought within the principle of
any existing law ; and if it were possible to make
such an advance, the amount should be fully repaid
when the crops were ready for disposal. We are
glad, however, to see any proposition made, the dis-
cussion of which may eventually lead to some definite
conclusion. It is impossible to overrate the import-
ance or the urgency of the matter.

A letter from Berlin, of the 12th inst., published
in the Nuremburgh Correspondent, says—

"We have received accounts from Warsaw, which
announce that, according to an imperial order, Poland
has actually ceased to exist, and that it is incorporated
with the Russian empire. Warsaw is plunged into con-
sternation, and affliction is depicted on every counte-
nance. A commission has been appointed to regulate
the financial affairs of the kingdom, and wLen those are
arranged the fact of the incorporation is to be promul-
gati d.>'

Madrid journals of the 9th and 10th have arrived

The Ministerial candidate for the Presidency of the
Chamber of Deputies is, it is said, Senor MARTINEZ
DE LA Rosa. The Progressistas, in consequence of the
illness of General SAN MIGUEL, intend to start
Senor CORTINA as their candidate. Don ENRIQUE is
about to take the command of a squadron, assembled, it
is said, for the sole purpose of quietly luring him away
from Madrid, where he is de trop. The Captain-General
of Navarre, in consequence of the alarming state of
his province, has demanded of the Government large
reinforcements ; and the savage BRETON, the Captain-
General of Catalonia, has had a narrow escape from
a body of Carlists, who were on the point of cap-
turing him.
and
MADRID BOLSA, JAN. 9.—T1117 Three per Cebetnts.tou
were
Interest
done at 32A- for cash; the Five per Cents. at 201- ; the
coupons
atat
6118:1 ; the Vales at 8 the

We have received the French papers of Friday and
Saturday.
Those of Friday contain observations on the dis-
cussions which took place in the Committees of the
Chamber of Deputies appointed to draw up the ad-
rave discussions,
charge
a rge against M. GUIZOT. and on foreign affairs
ad-
dress the day before. The Constitutionnel, in com-
menting
generally,
makes
at kehess e a
grave
It charges him with having wilfully suppressed a
portion of one of Lord PALMERSTON'S dispatches,
thereby taking away the real sense of the dispatch.
The following is the article :
" Such as they are, the documents published by the
Ministry relating to the Spanish marriage and the in-
corporation of Cracow, suffice to confirm all that we have
said of the conduct of our Government in these two af-
fairs. Nevertheless, before entering upon discussion we
will wait the completion of the communications made by
M. Guizot, and the result of a discussion, which, as we
are informed, has just been entered upon between him
and the British Ambassador on the subject of this pub-
lication. We have said that all the arguments of 31
Guizot against Lord Palmerston, bears principally on a
dispatch addressed by Lord Palmerston to Mr. Bulwer,
dated July 19, relative to the candidateship of the Prince
of Coburg, Don Francisco d'ABSiS, and Don Henry.
M. Guizot and Lord Palmerston are not of accord on
the construction to be put upon this dispatch. This
document, besides, belongs to the English Government,
since it is a communication from the British Minister
to the representative of England at Madrid. Its publi-
cation, according to established usage, could not have
been made without the consent of the English Govern-
ment. Now, before printing the documents, the English
Abassador had not only given to the complete publicity
of the dispatch of July 19 the assent of his Goverment,
but further expressed his
' desire that the whole of it
should be laid before the public. M. Guizot, however,
has extracted only two sentences! We are told that
Lord Normanby complained of this truncated communi-
cation as taking away the real sense of the dispatch. A
complete citation of it would, it is said, prove that, far
from recommending the Prince of Coburg, the English
Government, in conformity with the anterior instructions
of Lord Aberdeen, inclined towards towards I)on Henry
as a representative of the liberal party in Spain. It
seems, moreover, that as this dispatch belonged to the
English Government, that Government had the right to
refuse its previous publication in France, or to demand
that it should be published entire. It is asserted that M.
Guizot promised to publish the dispatch. We will wait till
this point, so important to be cleared up, is put beyond all
doubt in one way or the other, before we enter upon a de-
tailed examination of the documents. M. Guizot was
yesterday asked in one of the Committees of the Cham-
ber why he had not also published the last note from
Lord Palmerston? lie replied that he should only com-
municate it when his answer was sent. He must hasten
if he wishes to make the Chamber fully acquainted with
all the facts in time to be of use. As yet, only one side
of the case is made known. The documents relating to
Cracow were also the subject of several observations in
the Chamber. It was asked, as we have done already,
why there had been no interchange of communications
between France and the Northern Courts from the month
of April to the month of Noveniber—that is, during the
whole course of the deliberations entered into by the
three Powers on the fate of Cracow? M. Duchatel re-
plied that the French Government had been kept in com-
plete ignorance, because Austria and the two other
Powers had concealed their proceedings from France
like men who are preparing to commit a bad action.
M. Guizot, perhaps, would not have voluntarily used an
expression so harsh, but so just. But this reply of M.
Duchitel is insufficient. How happens it that the French
Government has been so ill-informed, so little vigilant,
as not to have conceived some suspicions? Why, after
the reiterated warnings of the German press, did it not,
by a demand of categ •
orical explanations, place the three
Powers under .the necessity of making an avowal or
telling a falSehoodir

The Committee of Peers appointed to draw up the
Address in answer to the Speech met on Thursday.

The contents of Lord PAIMERSTON'S last note have,
it is said, excited considerable uneasiness in the mind

of the KING of the FRENCH, rand intense anxiety I
exists concerning the manner in which France will
be alluded to in the QUEEN'S Speech on opening
Parliament. It is also said that Lord PALMERSTON'S
representations have been received so favourably by
Prince METTERNICH and Count NESSELRODE, that
M. GUIZOT, notwithstanding the good feelings ex-
pressed towards France, and the personal compliments
paid to himself by the representatives of Russia and
Austria at the Court of the Tuileries, feels by no
means at his ease.

The Courrier Francais says—" It was remarked
at the last reception at the Tuileries, that the Mar-
quis and Marchioness of NORMANDY were paid great
attention to by the Royal Family. The KING spoke
for half an hour with the Ambassador, who spoke
little, and listened to his MAJESTY with the greatest
attention."

"It is announced," says the Constitutionnel, "that
a courier extraordinary has just been sent off to Lon-
don with dispatches for the French Ambassador. It

is also said that M. GUIZOT calls to Paris the Count
DE JARNAC, who has conducted with Lord PALMER-
STON the negotiation relative to the marriages, in
order to confer with him previous to the opening of
the debates in the Chambers."

All these events became known on Friday, and, in
addition, it was announced that on Thursday the

Bank of France had raised the rate of discount to
5 per cent. Alarming accounts, too, arrived in Paris
of food riots in the provinces, and of a rapid and
sudden rise in the price of corn. All these causes
acting together produced a panic upon the Bourse on
Saturday, and Government securities and railroad
shares fell immensely. The following article from
the Debats of Saturday is of course intended to make
out the best case as to the prospects of the Bank ; and
if this is really the best prospect that can be held out,
the best is but bad. The Debats says—
" The Bank of France has just come to two important
decisions. By one it has procured, by means of a loan
negotiated in London, a certain quantity of specie ; by
the other it has raised its rate of discount, which has
been long fixed at 4 per cent., to 5 ;per cent. The
English houses with which the Bank has negociated
have agreed to advance for three months a sum of 20
millions of francs, the payment of which is guaranteed
by titles of recite held by the Bank. It is well known
that the Bank possesses in state stock a capital respond-
ing to 2,952,585 francs revenue. The Bank of England
has co-operated in that transaction, not is furnishinc, the
capital, the mass of money actually available in
the London market rendering it unnecessary,
but in delivering to the Bank of France; against
the signature of the English firms, silver in-
gots to the amount of twenty millions. The Bank
of England has testified on this occasion its good feeling,
by the moderation of the conditions at which the ingots
have been given. It is delightful to see the capitalists
and financial institutions of great countries readily lend-
ing each other, according to circumstances, a mutual aid.
As to the augmentation in the rate of interest, the ad-
ministration of the Bank has supposed that it will have
the effect of limiting the demands made for discounting
bills, and consequently the issue of hank notes. The
Bank of France has determined to adopt these two ope-
rations by a new reduction on the amount of its bullion.
This reserve, which is usually above 200 millions,
and which had fallen to 100 millions six weeks back,
was not more than 72 millions in Paris some days
back, and with the five-franc pieces which the Bank
possesses in its branch establishments in the
departments, at 90. It is sensibly less at present,
but the resources obtained in London maintain it be-
yond 100 millions. It may be considered as reduced
to the half of the accustomed reserve ; but it is well
known that one of the reproaches sometimes brought
against the Bank was, that its metallic reserve was
excessive, and that it had in its cellars nearly almost as
much silver as it had notes in circulation. In the pre-
sent state of things, a reserve of upwards of 100 millions
against a circulation of notes of 270 millions is perfectly
satisfactory, and would bear a diminution without there
being any cause for the slightest uneasiness. There
reigns a degree of uncertainty about the future, because
no person can positively say what may be for the next
few months the wants of trade in specie. The necessity
in which the great states of western Europe are placed,
to import wheat in large quantities causes a great export
of specie, for two causes; Ist, for accidental impoi ts of
whatever value they may be, and regular commerce not
responding to them in merchandise; and next the re-
strictive system adopted by all the Powers limit ex-
ceedingly the exchange of produce from people to
people, and necessitates the recurrence to specie pay-
ments in all unexpected cases. If therefore the defi-
ciency of our harvest is not made up by the importa-
tions of corn, which have already taken place, we must
expect to see the great accumulations of coined money
which form the reserve fund of banks still more
diminished. The Bank of England will be exposed to be-
hold its reserve in gold experience a great reduction, and
the same must take place amongst us for the reserve of the
Bank of France. Unfortunately no person can say,
even approximatively, if France is at present fully pro-
visioned up to the next harvest. It is not wheat alone
that hat failed; if we had had to make up for the
smallness of the wheat crop only, there is reason to
suppose that the imports already brought in might be
sufficient, but we have to replace with foreign corn all
the deficiency that has taken place in bread-stuffs of
all kinds, and in this respect the deficiency is certainly
great, without it being possible as yet to judge fully of
its extent. If we shall be obliged to import several
million; of hectolitres of wheat in addition to the four
millions already received, the general market would
scarcely supply it. Thank God! there is in the world
plenty of wheat to be sold. But we must pay with hard
cash, because the different nations will not receive each
other's produce. In that case, the Bank of France may
experience fresh embarrassments. Let us, however, de-
clare that by financial measures, more or less analagous
to that which the Bank of France has just effected, these
difficulties would be easily got over, particularly with
the aid of the Government. But we ought to accustom
ourselves to contemplate the possibility of this oc-
curring, and to be ready for every case, including even
that of England being, like us, short of the precious
metals."

After some more observations of comparatively little
interest, the Debar adds :
" It is singular that France should appear at this mo-
ment to experience a want of specie, when it is certainly
the country in which specie is the most abundant. Ac-
cording to the most accredited estimations, the propor
tion of specie in France is treble that which suffices for
all the transactions of the United Kingdoms of Great
Britain and Ireland. It is equal to six times that which
sufficed fur all the exchanges in North America twelve
years ago, when that country was in the most flourish-
ing state, namely, before the attacks of General Jackson
upon the banks. Unfortunately, the ideas with which
the Anglo-Saxons of the two hemispheres have been
inspired by the genius of commerce, are unknown in
France. In this country every man keeps by him, for
his own use, a quantity of specie, more or less. Besides
this, it is hoarded up. Thus it results, that with a real
exuberance of specie we are exposed to have the appear-
ance of being in want of it
The article thus concludes :
" The financial situation of the country is not com-
promised, but it calls for more than ordinary vigilance.
Every one pays homage to the prudence of the Bank of
France and to its ability ; certainly the Bank will be
ab!e to foresee everything, and guard against all even-
tualities. The general means which it will be able to
employ will be indicated betorehand by experience, and
the support of the public powers will not be wanting
within the limit in which their co-operation may be ne-
cessary. But also it must know how to interpret the
events of the present in the profit of the future."
The Dante steamer, which was presented to the
Bey of Turas by the KING of the FRENCH, was

wrecked on the 31st ult., on the coast of Tunis.
The Bill for affording greater facilities for the im-
portation of grain is being pressed forward with
the greatest rapidity, and indeed there is no time to

lose if the Government wish to prevent the most
disastrous consequences from ensuing from the pre•
sent famine which prevails in every part of France,
The Reforme says—

As we already stated, two months ago, the price of
► grain, after having reached a considerable elevation,
' remained awhile stationary, when all of a sudden the
rise experienced an extraordinary and truly appalling
impulse. From no part of France do we receive intelli-
gence indicative of a fall or even steadiness in the mar •
ket. The rise is general and affects all sorts of grain.
The centre and west are particularly visited with the
scourge, and this accounts for the disturbances which
have manifested themselves in those countries, where
agitatioa subsides on one point to recommence on
another. From the Sarthe to the Lower Loire,
in Mayenne, Ille et Vilaine, and Maino et Loire,
an unexpected dearth has taken place, and ex-
cessive alarm prevails. The same may be said of
the province of Berry, of the department of Indre,
Indre et Loire, and Loire et Cher. From thence the
movement extends, on the one side to the Bourbonnais,
and on the other to the Orleannais. The sack of flour
has already reached the enormous price of 1001. on
dif-
ferent points, particularly in the Cher, where the
hec-
tolitre of wheat sells for 36f. and 37f. At Orleans the
price of flour will shortly be as high, being quoted at
from 91f. to 921. At Paris the price of flour augments
from If. to 2f. at every market, and nobody will part
with his grain. Two days ago the highest price was
92C, and, to-day, the sack of flour was not to be had for
951. On Friday there was a further increase of 45c.,
which raises the price of bread to 49c. perk kilogramme,
rut
hee,
and no one can say that it will not reach 50c.
close of the month."
The Sentinelle desPyrentes says that Senor OLOZAGA
arrived at Bayonne on the 12th inst.
The Three per Cents. closed on the Paris Bourse on
Five
Saturday at 78f. sc. • the per Cenßts., 116 f. 40c.;
the Orleans Railroad' Shares, 1,210 f.; men, 8701. ;
Havre,
Great Northern; 6101.;..
T,•
roAvignon,ye s
andB33lool.h.
tereau; 340 t; Dieppe, ;
VierzO 6651. ;
n, 5601.; Bordeauxi 542 f. 50
cs
p' 345 f... Paris' 'and StraBburg-, 470 f ;
Tours and Nantes,447off..; Paris and Lyons, 493 f. 75c.. •
Lyons and Avignon, 80. ,
° Bordeaux and Cette, 447 f 50e.;
Spanish Three -per Cents., 36i.
MARSEILLES, JAN. 11.—Marseilles and Avignon, 8581. 75c. ;
Northern, 6371. We.

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SECOND EDITION.