The Sun.
London, England, 1848-08-12 00:00:00

SPAIN.

Madrid journals of the 6th instant have arrived.
They mention the submission of the band of insur-
gents organized by ELLOJO DE CARMENA.
Further changes in the Ministry were anticipated.
Near Burgos the mails were stopped by a party
of robbers, and not by a band of Carlists, as the ene-
mies of the cause of MONTEMOLIN would have one to
imagine; in proof of this it is only necessary to ob-
serve that the mail-bags were untouched, while the
passengers were rifled of their trinkets and purses.
On reaching Cadiz, Senor GONZALES BRAVO had
been shut up in one of the forts, and had not em-
barked for the Philippines, as was feared.
Little further intelligence was contained in the
papers of the 6tl-1

This day, being Sunday, there was no Bourse.

THE FRENCH REPUBLIC.

We have in due course received the Paris journals
of yesterday.
Rumours of an insidious character are again afloat
as to the participation of M. DE LAMARTINE in the
treasonable schemes of the anarchists. We treat
those dastardly whispers of slander with the scorn
they merit. Prom the lifessager we transcribe the
following significant paragraph :
"It is stated that one of the documents which the
Committee of Inquiry did not think itself bound to ren-
der public is a long letter written by one of the principal
personages in our days of evil omen, from which it re-
sults that the Conductor and the Lightning had not al-
ways the affinity which has been attrituted to them. It
is a manifesto written at a lucid moment, in the name of
the spirit of patriotic order, against the spirit of revolu-
tionary agitation; in the name of the spirit of peace,
against the spirit of war; in the name of the noble and
elevated ideas of conciliation, against the narrow and
retrospective ideas of counterfeiting in 1848 the inspira-
tions of 1793."

The same journal has this satisfactory announce•
ment respecting the 'distinguished journalist, M,
MICHEL CHEVALIER :

" We are assured that it is proposed to re-establish
the chair of political economy, which was filled by M.
Michel Chevalier at the College de France. It will be
remembered that this chair was suppressed by the Pro-
visional Government in favour, without doubt, of the
Socialist system of education which M. Louis Blanc was
at that time inculcating at' the Luxembourg."
On Thursday morning Lord PALMERSTON had a
lengthened interview with General CATAIGNAC at the
Hotel in the Rue de Varennes.

The principal subject of interest discussed in the
newspapers is, of course, the question of intervention
or non-intervention in Italy.
The lieforme closes a brutal article against a joint
mediation of France and England with the following
interrogatories :
"Is net England what she has always boen, the same
hypocritical and avaricious oligarchy, whose only reli-
gion has been pride and merchandise? Does not her
Government, whether it be called Pitt or Palmerston,
pursue the same policy, that of pirates? Is not Wel-
lington, this chance noble, this rag of glory, still the
soul and chief of her councils?"

Speaking of the position of the Piedmontese army
in regard to Lombardy, the Debate observes :
" The news of the capitulation of Milan was an-
nounced throughout all Switzerland, and even to the
Vorort. General Zucchi, who commanded the Lom-
bardian troops at Milan, arrived at Lugano on the 6th
inst., announcing that the Austrians were to take pos-
session of the city on that day, but no further account
of its actual occupation has yet been received.
"At Turin, on the 6th inst., the authorities were
busily occupied with the organization of tho National
Guard (Mobile), and reinforcements of the line. At that
date no dispatches had been received, either from the
King or from the army.
"Marshal Radetzky has at his disposal a total force of
from 80,000 to 100,000 men. More than three-fourths
of this force act against Milan, and the remainder attack
the line of the Po.

" According to accounts from Innspruck the Austrians
would have occupied Placentia on the 3d or the 4th, and
advanced half the distance to Pavia, thus threatening to
cut off the retreat of the Piedmontess army. This
movement must have had great weight with Charles
Albert in the arrangement he has come to. It may be
truly said that he has held Lombardy to the last moment.
A dreadful fatality has weighed on him, but his honour
comes out of the trial unsullied."

Now, that La Presse has arrived at the period of
its resurrection, and now that the voluble and saga-
cious EMILE DE GIRARDIN has again found voice,
it becomes somewhat interesting to learn from that
proscribed newspaper and persecuted journalist, the
views entertained by the organ of the Orleanists, as to
the proposed mediation of the Governments repre-
sented by M. BASTIDE and Lord PALMERSTON.
Here is the manifesto of the Presse :
" Hurried by the necessity for drawing off our journal,
we had only time to notice, at the end of our number of
yesterday, that the answer of Lord Palmerston, so impa-
tiently expected, had at last arrived. We added that it
was not altogether what was expected, which, en passant
proves how incorrect the Journal des Debats was in stat-
ing that the courier from London had brought the ad-
hesion of the English Cabinet to the bases of mediation
laid down by the Government of the Republic. We
shall now state the facts from authentic information, and
complete our account of the negotiations relating to the
mediation offered by France and England for the pacifi-
cation of Italy. In our article of yesterday we remarked
that the mission of the Marquis de Ricci to the French
Government comprised two distinct questions. The first
was what France would do in case Piedmont should be
invaded by Marshal Radetzky; the second was as to the
formal demand of the intervention of France. The answer
of Lord Palmerston also embraces these two different
points as to the eventuality of the invasion of Piedmont by
Austria, the English Cabinet, participates in the opinion
of France, that it must be opposed by all possible means,
and that :the representatives of France and England,
M. de Reizet and Mr. Abercromby, should be furnished
with every requisite authority for imposing au armistice
on Marshal Radetzky until the Cshinet of Vienna shall
have given an answer to the offer of mediation about to
be made to it in the names of France and Great Britain.
As to the bases of the arrangement to be proposed. for
the conclusion of a peace between Austria and King
Charles Albert, we know irons good authority that the
French Government wished that at least a proposal
should be made to Austria to evacuate Italy entirely, on
being guaranteed a pecuniary indemnity for the terri-
tories given up which had belonged to the ci devant
Lombardo-Venetian kingdom. On this point, Lord
Palmerston observed that, after the confidential over-
tures he had received through Baron Hun:whiner, the
envoy ad hos sent to London by;the Austrian Government
he was convinced that Austria would never, at any
price, consent to give up her Italian provinces, and the
more so as she could rely upon the support of the Ger-
man Parliament of Frankfort in retaining possession of
the line of the Adige, which, in strategy, is considered
to be the bulwark f South Germany. This is why
Lord Palmerston is of opinion that, for entering upon
serious negotiations with the Cabinet of Vienna, it is
necessary to recur to the proposals for peace which
Austria was, two months ago, the first to make to the
Government of Lombardy. These propositions are
sufficiently known. Austria, preserving the Venetian
provinces up to the left bank of the Adige, would
acknowledge the political independence of Lombardy,
stipulating for an engagement from this last, that
it would take upon itself a part of the debt of the Im-
perial Treasury. Although these propositions were put
forward by Austria under conditions much more un-
favourable for her, that is to say, at a period when the
Sardinian army threatened to force the line of the
Adige, and when most of the Venetian towns were en-
franchised from the Imperial Government, Lord Pal.
merston strongly urged the Cabinet of Vienna to accept
the mediation of France and England, if our Govern-
ment would consent to adopt the line of the Adige as the
basis of negotiations to be opened for the conclusion of
a treaty of peace between King Charles Albert and
Marshal Radetzky. At the same time as the answer of
Lord Palmerston arrived at Paris, a telegraphic dis-
patch was received, announcing that, on the sth, the
remains of the Piedniontese army, rallied under the
command of the Duke of Savoy, sustained a defeat
under the very walls of Milan. Whatever may
have beers the heroic resistance of the inha-
bitants of Milan, it is to be feared that the te.pital of
Lrmisbtaicrodybe will
riot fall,
pressed. ere long, it the eonc.usion of the
But Marshal Radetzky, em-
boldened by success, will not consent to au armistice as
armistice

long as he shall feel a conviction that the proposition made
to his Government by France and England have not been
favourably received at Vienna. Consequently, the
Council of Ministers, which was held yesterday evening,
under the presidency of General Cavaignac, resolved
that it was urgent that the arrangement proposed by
Lord Palmerston should be adopted, and according to
which the line of the Adige should be guaranteed to
Austria if she consents to abandon Lombardy. It was
to this effect that instructions were sent last night to our
agents at Vienna and Turin, in order to induce the bel-
ligerent parties to accept as promptly as possible the
Franco-English mediation."
Every movement, no matter how insignificant, in
the army of the Alps assumes of course a particular
significance at this juncture. Hence it is by no
means unimportant to mention that General MAGNAU
is about to establish his head-quarters at Bourg—
that the department of the Ain is destined to receive
the third division—that the fourth division has,
according to letters from Moulins, received orders to
march immediatelY—and that the Journal de l' Ain of
the 7th instant declares that the army of the Alps is
about to move in advance.
The National admits that the Provisional Govern-
ment, in the month of March, endeavoured to force
an armed intervention on the people of Italy, and that
it was repulsed. It speaks of constraining Austria
to set Lombardy free, and says that France has forces
ready to do so. " Let it be understood," says the
National, " that if our voice is powerless or not lis-
tened to, if our mediation be refused, the force of arms
will accomplish the task that France has imposed upon
herself as regards Italy."
It is said that Sir HENRY LYTTON BULWER, who
arrived in Paris on Tuesday last, is to conduct the
negotiations on the part of England, should the me-
diation of England and France in the affairs of Italy
be accepted by Austria.
In the last meeting of the Committee on Foreign
Affairs, it would appear that M. NAPOLEON BONA-
PARTE, in the presence of M. CAVAIGNAC, protested
against the policy of the Government as more abject
than that of M. GUIZOT.

We regret to learn that uneasiness respecting the
internal condition of the Republic is rather generally
felt in Paris.
BOUESE.—PAnis, FRIDAY, AUGUST 11.
THREE o'CLocx.—The belief that the mediation of
France and England would be accepted, and that the
peace of Europe would not be disturbed in consequence
of the defeat of Charles Albert, has had a favourable
effect on the Bourse to-day, but the rise is not a great
one. The French Three per Cents, have risen 250.;
Five per cents. have risen 50c. For Money the Three
per Cents: remai❑ the same as yesterday; Five per
Cents. haVe risen 50c.; Bons du Tr63or are at 24 dis-
count; Bank of France Shares have risen 2011; Belgian
Bank Shares not quoted; Belgian Two•and-a-Half' per
Cents. not quoted; Spanish not quoted; Roman, nothing
done; Rothschila's Receipts have risen 1 per cent.
Exchange on London (thirty days), 2535; ditto (ninety
days), 25 2'4.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK-EXCHANGE, AUG. 11.
Boulogne and Amiens, 61% —Namur and Liege, 41/2_
Northern of France, s%—Sambre and Meuse, 2%.