The Sun.
London, England, 1848-08-08 00:00:00

SPAIN.

Madrid journals of the 2d instant have arrived.
The Gageta publishes an official notification of the
appointment of Senor AloN as Ambassador Extra-
ordinary and Minister Plenipotentiary to Vienna.

The contract between the Bank and the Govern-
ment has been rescinded. The necessities of the
Government require advances which the Bank is now
unable to make ; it on the contrary requires support
itself from the Government. The latter paid the
Bank a commission of 1 per cent., which gave the
Bank a profit of 10 millions (180,0001.) a year, but
the inducement to do this was the facility of obtain-
ing advances, and as this has ceased, the Government
will henceforth collect the revenue through their own
agents, and by the machinery which existed before
the contracts with the Bank commenced.

There appear to have been recently some Carlist
movements on the banks of the Ebro, as the Gageta
publishes a dispatch from the Captain-General of
Valencia, announcing the defeat of a Carlist band,
with the loss of one killed and several wounded. It
is said that CABRERA has crossed the Ebro, and that
he will commence operations in the provinces of Va-
lencia and Arragon.
MADRID BOLSA, AUG. 2.—The Three per Cents.
have rallied to-day, and are 191 buyers, 4 sellers.
Five per Cents. were done at 10i cash, and remain
at that price. Passive Debt, 37 buyers, 4 sellers; and
the Foreign ditto, 31 sellers. Coupons not quoted.
Bank Shares are 50 sellers, and the discount on Bank
notes has risen to 8 and 81 per cent.

THE FRENCH REPUBLIC.

We have received the Paris papers of yesterday.

The itioniteur contains the following decree :

" The President of the Council charged with the Exe-
cutive power determines :
" Art. 1. Prow this day is raised the suspension pro-
nounced by the decree of the 26th of June, 1848, against
the journalsLa Revolution, La Vraie Republique, L'Or-
ganization du Travail, La Presse, L'Assemblee Au-
tionale, Le Napoleon Republicain, Le Journal de la Ca-
naille, Le Pere Duchesne, Le Pilori, La Liberte, La Lam-
pion.
" Art. 2. The seals placed in execution of the decree
of the 27th June, 1841, on the presses serving to print
the above-named journals, shall be raised by the func-
tionaries who have proceeded to the placing of them.
The prohibition of printing the said journals, and every
engagement taken by the printers relative to that pro-
hibition, are considered for the future as non avenus.
" Art. 3. The Prefect of the Police is charged with
the execution of this decree. _ _

" Paris, August 6, 1848." " CAVAIGNAC."
In accordance with this decree, the Presse, the
Assemblee Nationale, and the Liberte, appeared yes-
terday morning.
The Presse contains an article, signed " Emile de
Girardin," :which., somewhat grandiloquently an-
nounces that " suppressed without cause, " the Presse
re-appears without conditions." Having gone at great
length into the question of his own personal
grievances, M. EMILE DE GIBARDIN thus con-
cludes :

" Behind, then, be the past; let us only behold the
present; let us interrogate the future. The gravity of
the circumstances has not been diminished; the diffi-
culties have outlived the peril ; they subsist quite as
they were. War is no longer in the streets; but does
peace exist is men's minds? Men's hands are disarmed,
but their passions are in the utmost irritation. Distrust
is extending; resentments are becoming deeper; the
existing wounds become more envenomed; more than
ever we are at the mercy of a fault, of an error, of a sur-
prise, of a complication, of au incident. The existing
Goverment has for it the force which watches, but it
has against it the misery which overflows. The Go-
vernment of 1830 also had its days of April, of May, and
of June, from which it issued three times 'victorious;
and yet all that did not prevent its succumbing,
on February 24th, to a fourth attempt. Three
times already the Republic has miraculously
escaped the attempts of April, May, and June—will it be
as fortunate the fourth time? It is to be hoped so; but
too much dependence must not be placed on it, in order
not to slumber on in a dangerous optimism, in order not
to entrench one's self behind a fatal egotism. The only
means of escaping the terrible consequences of a 24th of
February of the new regims, which 24th of February
would be the victory of the drapeau rouge, is to act as if
that victory was imminent and inevitable; it is to spare
nothing to conjure it away, so as, whatever may happen
to have no subject of reproach. We shall give the ex
ample. To amnesty the executive power, the first act of
which was to strike us so heavily in our liberty and our
fortune—to aid it with all our efforts to triumph over the
grave difficulties against which it struggles painfully—
shall be the only vengeance which we will take for the
evil which has been done to us, for the greater evil of
which, perhaps, the idea and the hope were conceived,
for the immense damage which has been caused us, and
which we should not now have recalled to mind if it had
not been extended round us to more than 300 families,
not having any other means of living but their labour."
There were various unpleasant rumours circulat-
ing in Paris yesterday with respect to Italian affairs.
According to one of these rumours, CHARLES ALBERT
had retreated to the walls of Milan, hotly pursued by
the army of RADBTZKY ; according to another
account, the Sardinian troops had altogether
evacuated Lombardy, and had fallen back on Pied-
mont. Neither of these rumours have been con-
firmed ; and it would appear, from a warning given
by the National, that they have been invented for the
purpose of bringing down the funds. In reference to
some of these rumours, the M'oniteur says--
" The public, and especially the Bourse, has been
moved by a movement effected by the division of the
camp of St. Maur. People forget that this division is a
part of the Army of the Alps ; by this title it is consti-
tuted on the footing of war, provided with materials and
au administration for a campaign, which is quite useless
in the interior. It was called to Paris at the first mo-
ment, but ,solely as a provisional measure. Now that
measures are taken to bring troops in from other points,
this division returns to its cantonments ; but each regi-
ment which goes is replaced by a regiment which
arrives. The garrison of Paris will, therefore, mot be
diminished."
The Democratic Pacifique says :

" It was rumoured on Saturday at the National As-
sembly, that the Government had sent to General
Oudinut, Commander-in-Chief of the Army of the Alps,
full powers to act as he might consider he was called on
to do by circumstances —in other words, to enter Italy if
ho thought it necessary."

The affairs of Italy continue to occupy the atten-
tion of the diplomatic body in Paris. Long and
frequent conferences are held every day on this sub-
ject between General CAVAIGNAC, M. BASTIDB, the
Foreign Minister, the Marquis of NORMANDY, the
Marquis of BRIGNOLE SOLE, the Sardinian Ambas-
sador, M. Ricer (the Minister dispatched from Turin
to demand the intervention of France), and the re-
presentatives of various of the Italian States.
The National publishes an official contradiction of
the rumour which was circulated on the Bourse, that
the Government intends to contract a loan of five
hundred millions.

It was rumoured in Paris last evening that the
Government had received a telegraphic dispatch an-
nouncing that RADETZLT had entered Milan on the
4th, in consequence of a popular movement in his
favour.

last week has made BOURSE.—PARts M
fur-
ther progress The fears
effect, and
some difficulties in
ocafoPtuol3;eeqAaunsesnee
TaaEEo'Ci.otoc,d.a—y.The tal of 131; Ana. 7.
intervention
o f t
he
re-
pot -
ry
of
iepsor apprehensions are also
pot t of the Committee of Inquiry
entertainedha ve a ve
on the
question of the insurrection. The certificatesen:bly
of the
Loan of November, 1847, have fallen enormouslyto-
day. Some days ago they were as high as 620 u.
day they opened at 2,700, and fell gradually to 1,800,
at which they closed. Compared with Saturday,' forl3'
the Account, the French Three per Cents. have t*alleu
If. ; Five per Cents. also lf. For Money, the Three
per Cents. have fallen lf.; Five per Cents. have fallen
50 centimes; Bons du Trisor are at 25 discount ; Bank
of France Shares have gone down 20f.; Belgian Bank