The Sun.
London, England, 1847-11-10 00:00:00

office of Secretary of State. Cardinal AMATI, the Legate
of Bologna, Liberal and Reformer, will, it is said,
be his successor.

Rome enjoys the most perfect tranquillity, not-
withstanding a certain excitement of the public mind.
A new law on the censorship of the press is to be
shortly issued, which will be much more liberal than
the existing law. Persons well informed state that it
will be, like that of France, of a repressive, and not
a preventive character, and that it is calculated to
satisfy the most exacting men among the moderate
party. This announcement produced a lively satis-
faction in Rome, because of the irritation which pre-
vailed some days since between the editors of the
journals and the Administration, which has at last
acknowledged the insufficiency and defects of the
present law, and seen the necessity of substituting
for it another more suited to the wants of the day.

The syndics of Genoa published the following ..
pro
clamation of the 2d inst. :

"Fellow•citizens—When you desisted, at the de-
sire of your municipal magistracy, from these demon-
strations, which, though legitimate and inoffensive,
might have become inconvenient or dangerous by too
frequent repetition, we assured you at the time that
ovr beneficient Sovereign was maturing those insti-
tutions that formed the object of your desires, and
will be the groundwork of your happinness. The
hopes of all are now being realised, for you are ac-
quainted with the sovereign acts already sanctioned,
which are a pledge of happier days to come. His
Majesty King Charles Albert will, according
to custom, be among us on the evening of
the 4th instant. You yourselves have ex-
pressed the intention of illuminating your dwel-
lings, as a mark of sincere exultation ; and we,
while approving your intention, exhort you at the
same time to carry it into effect with decorum, while
we inform you that all the public buildings will be
illuminated also. You were the first to acknowledge
the propriety of pacific demonstrations of gratitude
towards the excellent Prince, mixt, .will leave his
people in no point inferior to others in ,that civil life
that is now rising proudly in every Italian province.,
Preserve unaltered the dignified tranquillity you bave
hitherto observed, as a homage to the Sovereign, and
a sure pledge of social progress."
There were great rejoicings at Turin on the 3d, on
he occasion of the fete of King CHARLES ALBERT.
Mad,

.adrid journals of the 3d have been received.
The Eco del Comercio states, that when Senor
IsTulurz communicated to General ESPARTERO the
dispatch containing his nomination to the London
Embassy, which was couched in the most flattering
terms, ESPARTERO declined to accept it, at the same
time writing to the QUEEN, warmly thanking her
MAJESTY for the honour done him, and repeating his
assurances of loyalty and devotion to his QUEEN and
country. On his refusal to accept the Embassy,
Senor ISTURITZ at once communicated to the Duke
of VICTORY the orders of the Government to remain
abroad.

The same journal says, that it is impossible the
Ministry can last long, as it is notorious that it does
not possess the confidence of the Sovereign.

Senor BORREGO, the proprietor of the Espanol,
has been appointed Envoy Extraordinary to Swit-
zerland.

The singer MIRALL has been sent from Barcelona
to Marseilles, under the guard of an officer and a
soldier, who had orders to deliver him into the hands
of the Spanish Consul, with a sealed letter, contain-
ing instructions from NARVAEZ.

MADRID BoIAA, Nov. 3.—The Three per Cents
were done at 264 at fifty days; the Five per Cents.
at 15; for paper; and the Debt without Interest,
at 5f,.

We have received the Paris papers of Sunday.
It was understocd in Paris that Friburg was to
be invested by the troops of the Swiss Diet on the
6th. Three columns, amounting to 15,000 men, and
two batteries of siege artillery, are employed on this
service. A telegraphic dispatch from Besancon, of
the 7th, however, announces that hostilities had not
commenced up to the evening of the 6th. According
to the Debats, Mr. PEEL, on the 4th, offered the
mediation of England to the Vorort. That jourm,l
says—

" Mr. Peel had an interview with M. Ochsenbein
on the morning of the 4th. The secret has been well
kept on the subject of this interview. It was, how-
ever, stated that the English Minister, who on the
previous evening had received dispatches from his
Government, had offered the mediation of England
treelnNwtlN.; ,T11,?,415.1t•5-Ihr*-ti*-vrt,.Prim,ts.../.4IASE
convoked very late in the day, and very unexpectedly,
lastly, that it only met at four o'clock, and that the
decree of execution was voted with a sort of precipi-
tancy. It was stated that the Radicals desired to
engage the resolutions of the Diet, and precipitate
events in such a manner that there should remain no
means of any arrangement whatever ; in a word,
that at the moment at which England spoke of conci-
liation and peace they hack already hastened to pass
the Rubicon. In the same sitting of the Diet a corn-
inunication was made of the dispatch of Neufchatel,
refusing positively and decidedly to obey the injunc-
tions of the Vorort to furnish its contingent to the
Radical army. The Diet did not come to any reso-
lution on the subject, but confined itself to sending
the dispatch to the committee charged with the affairs
of the Sonderbund."
M. Guizor has apparently been thwarted in some
pet intrigue, for he is evidently exceedingly out
of temper. In the Journal des Debuts of Monday he
scolds everybody and everything. He scolds those
who attend the reform banquets, he scolds the Swiss
Liberals, he scolds the Jesuits, he scolds England for
being Protestant, Ireland for being Catholic, and the
POPE, evidently upon the " Dr. FELL" principle.
If we may hazard a conjecture, we should guess that
M. GUIZOT had received a check in Spain, for the
Journal des Debats speaks of everything and every-
body except Spain and Spaniards.
We find the following observations on the loan in
the Siecle:—
" The loan which is to be contracted for on the
10th is the subject. which occupies all :minds. The
Minister of Finances, in order to obtain a higher
price, is endeavouring, by indirect means, to reduce
the price of the rentes which will be thrown upon
the market. He is said to have renounced the idea
of inducing the Caisse des Depots from making
tenders, but persists in calling upon the Bank of
France. The bankers, on their side, have not for-
gotten that the Exchange of Paris lost by the two
last loans, and wish to obtain the present upon better
terms. We hope that capitalits, encouraged by the
solidity of public credit, will not show any want of
confidence. Their interest is the same as that
of the State. Every contractor who makes a
tender for a loan is by the very act a
speculator for a rise, and works against himself,
if he does not show that he estimates the public
property at its real value. In such cases courage is
judgment. On former adjudications the rentes
created to represent the loan brought with them
premium anterior to their creation. This premium,
which consisted of several months' arrears of divi-
dends, constituted a profit which must have entered
into the calculations of those intending to make ten-
ders. The new loan will be upon different terms, for
the dividends will begin to run until December 22,
posterior to the date of the contract. The price of
stock at the present day represents at once the capital
ber
and the dividend falling due. Thus, supposing the
Threet per Cents. to be quoted on 'Change, onNovem-
at 76f. 65c., this will give 75f. 50c. for the
principal, and lf. 15c. for the dividend. If the loan
,
be taken at the price of the day, but which we do not
mean to prejudge it will be, at 75f. 50c. it would be
a four per cent. stock under another form. The terms
of the instalments, divided at stated periods of twenty-
five months, give to the contractor an advantage which
may be estimated at about 2f. 70e. per cent. But in
order to have the complete enjoyment of this, the
contractor and shareholders must be in position to
make a profit of their money until the payment be-
comes due. At all events the delays granted by the
Government for the payments must be favourable to
the placing of the loan, and so far it appears to us to
be to the interest of the public."
In another part of the article the Steele, alluding
particularly to the announcement of the intention of
the Bank of France to take part of the loan, says—
" For the last two days the usual organs of the
Bank—the Presse and the Debals—have"been striving
to defend the decision come to by the Council of Re-
gency, to take a share of the loan to the amount of
25,000,000 f. We have up to the last moment refused
our belief in such conduct; but It.; apologists have
become too violent for us not to be convinced that
this determination is positively come to. People
never contend too warmly for the theory of rights
which they do not intend to exercise. Thus it has
become an avowed fact, that the Bank is willing to
take an interest to the amount of 25,000,000 f, in the
new loan. We: say is willing, because in fine the
intention is not yet acted upon, and we know not yet
whether partial tenders can be made. As the Bank
will take only 25,000,000 f. out of the 250,000,0001
an understanding must be come to with those who
take the rest. Hitherto no one has been mentioned
but M. de Rothschild ; and M. de Rothschild
may say to the Bank, I have no need of ,

- somewhat credulous contemporary yesterday
favoured its readers with two or three " rumours" of so
extraordinary a character that it gave them all those
advantages of type and position with which journalists
are apt to distinguish their most important intelligence.
Lord Grey was t resign, and to be accompanied in his
retirement by Sir C. Wood ; while Mr. Barnard was to
make way for Mr. Hawes by vacating Greenwich, and
Lord Enfield for Mr. Macaulay by giving up Ch Alm.
Unhappily for our too sanguine friend, there is not one
particle of foundation for either of these reports.
Neither Lord Grey nor Sir C. Wood has the least in-
tention of retiring from their respective offices ; and,
however much we may desire to see Mr Macaulay and
Mr. Hawes in Parliament, we fear they will have beg
to wait if their return depends on the resignation of I
Lord Enfield and Mr. Barnard.—Times.

A meeting of the voters in Cordwainers' WTard
was held on Monday, at the Crown Tavern, Bow-lane,
Cheapside ; Mr. William Maddell in the chair. It was
resolved unanimously to support Mr. David Salomons
as candidate for the aldermanic gown of the ward about
to be rendered vacant by the resignation of Alderman
Thomas Wood.