The Sun.
London, England, 1847-04-07 00:00:00

anything like a triumph for any party.

There can be neither conquerors nor conquered where

everything changes so rapidly and without serious
cause—it is ridiculous to sing a song of triumph for
the success of an influence which is so easily obtained ;

it would be madneis to make it a bails of any system

of policy."
The National is less grave, but more annoying'. It
says—" sooner :had the new Ministers entered
upon office than they boldly faced those same Cortes
who a week before had given such signal proof of

confidence in their predecessors !—so turns the wheel
csf fortune ! M. PACHECO, after having uttered a
few words of explanation, obtained a majority of 154

votes against 56. As to M. SERRANO, be found him-

self at liberty, and nimbly presented himself to the
fiscal who had commenced his prosecution, and who,
in the politest terms, begged of M. SERRANO not
to give himself any further trouble about the

matter.' Mr. BULwEE triumphs all along the
the line ; the Minister of Justice, whose

appointment will complete the Cabinet, will be chosen
from among his friends. The Progressists have
voted with M. PACHECO, their precursor ; and the
new President of the Council, in the exposition of his
programme, has not hesitated to declare that his
foreign policy shall be exclusively national, which
was loudly applauded, as a reaction against France.
Mr. BULWER could not have said better, those being,
in fact, the very words used by that Ambassador in
a celebrated letter to M. SERRANO. Allons, all this
is promising—we have received the dowry, but

we shall pay the interest. Is it possible that one
should be so roughly handled five months after so
signal a victory ? Give us then back the blood of
PHILIP V."

The Journal des Debats affects to treat the change
with indifference. It says—
" The choice of the new councillors chosen by Queen
Isabel is not calculated to inspire the least uneasiness.
Most of the members of the new Cabinet are men who
have given pledges to the monarchical and constitutional
cause, and who held a more or less conspicuous station
in the ranks of the Moderate party. As respects us,
however reluctant we may feel to mix up the interests of
France with those of Spain, we never practised a system
of exclusion, and do not consider ourselves bound to
support an) political party in particular. In her present
situation, France, as well as Spain, is specially
interested; first, in the maintenance of a good harmony
amongst the great bodies of the State; and, secondly,
in the political preponderance remaining in the hands of
the Moderadoes. 'We anxiously desire that a perfect ac-
cord should exist between the Throne and the Chambers,
because it is the basis, the essential condition of the
representative Government. We desire it, particularly
at this moment, when Spain has scarcely emerged from
an agitation inseparable from the election of a new Le-
gislature, and when, if she be sufficiently strong to bear
the action of free institieions. she may not be as well
prepared to bear their abuses. However extraordinary
the change of a Ministry may appear, immediately after
a vote of the Chambers giving it an unequivocal proof of
their confidence, neverthele,s, as notwithstanding the
change of persons, it is not likely that any important
change will ensue in the political system, as most of
the present Ministers have been chosen amongst
the party which has hitherto directed public affairs,
we confidently trust that a good understanding
will continue to subsist among the great powers of
the State. If we consider as a paramount inter-
est for Spain and France the preponderance of the
party called, Moderate, it is because we ere persuaded
that it is the most capable to direct the Spanish Govern
went in a regular and pacific coin se, and that it is alone
likely to insure to the country a few years' repose, which
a. mischievous spirit of intrigue is constantly endeavour
mg to disturb. We do not mean to say that one party
should remain for ever in possession of the Government.
This can no more be expected in Spain than in England
or France. The Progressista party may have its day ;
its turn will certainly arrive ; but we do not regard this
as an opportune moment for its accession to power. In
the present situation of Spain the Moderate party, taken
generally, offer all the elements necessary to achieve a
legitimate and rational progress. The programme of M.
Pacheco is a proof of it. Nothing would authorise us to
doubt the sincerity of the assurances of the new Minis-
ters, and we should only see the necessity of reminding
them of their promises if they were to forget them."
The Presse also affects resignation under its afflic-
tions, but the acts of the inspirers of these two
journals betray their alarm. CHRISTINA was closeted
three times on Sunday with Louts PHILIPPE, and
after each conference M. GulzoT was sent for.
The accounts from the corn markets in France are
for the most part more favourable, prices being gene-
rally lower.
Count Roy, Peer of France and Minister of Fi-
nance under the restoration, died on Saturday night.
M. Row was the largest landed proprietor in France
It is said he leaves a fortune of 2,000,000 f. (80,000/.,
per annum.
The Three per Cents. were done in the Passage de
l'Opera on Sunday at 78f. 75c.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, APRIL 5.
Boulogne and Amiens, 1634—Dutch Rhenish, 4—Northern •f
France, I'2X—Paris and Lyons, s%—Sambre and Meuse, 614.