The Sun.
London, England, 1847-03-04 00:00:00

simultaneously, and a brief expression from the lips of
the latter was sufficient to prevent a necessity for any
more detailed or more formal explanation. Those are
the actual circumstances of the affair as received from
the most authentic source ; and, as our yesterday's im-
pression will have already shown, the jealousies and
suspicions previously existing have been so fardit sipated
that Lord NORMANDY was occupied for some hours, on
the 2d ultimo, at the Hotel des AffairekEtrangeres. It
is even reported that the Noble Marquis will to-morrow
evening attend the usual entertainment given by M.
GUIZOT.

It is amusing to observe the effect produced by this
sudden renewal of cordiality upon the journals of the
Opposition. Not only has the Presse been, as we have
previously remarked, compelled to eat its own words—
and very tough, indigestible words they were—but the
Union Monarchique and the National have found them-
selves plunged into a somewhat similar bewilderment.
The following from the National is so singular, and
sounds so much like the ringing of the tocsin, that it may
be quoted with comment:—
" The concentration of Russian troops on the frontier of
Galicia? What interest commands it? What conquest has
Nicholas to accomplish on the side of Austria? After having
so well pacified Poland, what fear can he entertain ? No
existing event explains this unusual display of military force.
What can it mean ? We can better comprehend the
armaments of Austria and the augmentation of her troops.
Austria is not an empire, but an element of violence.
This conglomeration of population, of territory, of
various manners, customs, and ideas, and contradictory
traditions, united by force under one sceptre, requires a
permanent compression. Nothing holds together when no-
thing is united ; the threads of this iron net require constant
repairs. Austria feels the shock of the least movement in
Europe ; she immediately draws her bayonets, reinforces
her garrisons, and advances her stupid legions. She can
only maintain herself by producing fear. For that reason
she has increased her spies in Italy, and she is en-
deavouring to excite disturbances by establishing a
corps d'armie on the borders of Tessino, and thus
menacing at the same time Piedmont and Switzerland. All
the Governments are now contracting loans. Prussia is con-
voking her States-General in order to contract a loan and
to re-establish her lost credit. England is borrowing
200,000,000, Spain 50,000,000, Montemolin 25,000,000. Don
Miguel is negotiating, and he likewise would wish to raise a
loan. As for our part if we escape such a necessity this
year, we must infallibly have recourse to a loan next year,
'What is causing such uneasiness throughout Europe? It
must be admitted that is because nothing is founded on a
solid and firm basis. Suppose the death of one man to-
mcrrow, and the disturbance which agitates provident minds
will be converted into facts. This event is not necessary to
render the position caused by the Spanish marriages more
satisfactory. The causes which excite Austria and the
Northern Courts are well known, and the motives of the
avowed hostility of England are likewise well known. The
latter does not disguise her preparations; the Government
demands new supplies for the increase of her marine, her
army, and her artillery. A portion of the overplu3 of the
last budget has been employed in fitting out new ships.
Several ships of the line are armed at Malta, and it is con-
templated to reinforce the already numerous fleet in the Me-
diterranean by eight ships of the line. Is it for mere pleasure
that the Whig Cabinet is multiplying its expenses during a
year of such afflicting scarcity ?'
Such a bellicose interpretation of our maritime reform
in regard to the increase of navy estimates, is one
among the numberless evil consequences resulting from
the long procrastination of that great and salutary
measure. We postpone an abandonment of our insane
parsimony until the abandonment of that parsimony is
regarded rather as a preparation for war than as a
movement for the preservation of peace.
So remarkable was the depression in the Funds on
the announcement made upon the Bourse, on Tuesday,
that no intelligence had been received from London as
to the negotiation of the loan, that the Three per Cents.
cloud at 78f. 60c.

The closing price of the Five per Cents. was 118 f. 80c.;
the Orleans Railway Shares, 1,2721 50c. ; Rouen, 867 f. 50c. ;
Ilavre, 690 f.; Great Northern, 632 f. 50c. ; Avignon, 833 f.
75c.; Vierzon, 590 f.; Boulogne, 410 f. ; Troyes and Mon-
terean, 305 f. ; Basle, 2101. ; Dieppe, 347 f. 50c. ; Paris and
Strasburg, 467 f. 50c.; Nantes, 4671. 50c. ; Paris and Lyons,
4921. 50c. ; Lyons and Avignon, 480 f.; Bordeaux and Cette,
452 f. 50c. ; Spanish Three per Cents., 35%.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, MARCH 3.

Boulogne and Amiens, 14%--Ceylon, —Dutch Rhenish, 4%
East Indian, —great Western Bengal, %—Luxembourg, VA
Namur and Liege, 4%—Northern of France, 13—Paris and. Lyons,
7% —Paris and Strasbourg, 3% —Rouen and Havre, 27% —Tours and
Nantes, 3%.