The Sun.
London, England, 1846-01-07 00:00:00

" The credit of ninety-three millions, now demanded
has no other object than to insure the execution of the
ordinance of 1837. It was not then executed, you will
exclaim. Certainly not! For nine years we have been
out of those normal conditions which the Government
had itself fixed for our navy in time of peace. What,
then, have become of all the credits voted so liberally
by the Chambers? The greater part have been shame-
fully wasted, and employed for purposes different from
those for which they had been granted. Feel astonish-
ment after that at the complaints so often brought for-
ward against the Department of the Marine ! In our
opinion, the Chambers have been too good natured.
They would have done better to complain of the man-
ner in which the public money is wasted. Great
abuses would thus be avoided, and France would be
stronger than she is, and than she will be, after all
the expenses that are about to be required. It ought to
be known, and we dwell designedly on the point, that
the Government at present demands not alone 93 mil-
lions, but 135 millions ; for if the extraordinary credit is
reduced to 93 millions, it is because the ordinary credits
placed on the budget are each year increased. It is,
therefore, really 135 millions of new subsidies which the
Government demands. And why so ? To develope on
a large scale our means of maritime action ? To ap-
proach the position which England has long taken up ?
Not at all. Solely to place us in the condition where we
ought to have been these nine years. It must be added
that we shall not attain it very quickly. Seven years
are required to arrive at it with the aid of this extra-
ordinary credit of 135 millions. Thus we shall have
taken sixteen years, and expended enormous sums, be-
sides the current budgets, to place our navy on the foot-
ing which was judged indispensable at a period when
events had not yet demonstrated all the necessity that
exists for France to be powerful on the ocean 1 Let
us not, then, speak of progress on the occasion of this
Bill; let us not imagine that our country, if it pays
largely, is about to be endowed with a naval force
which will allow it to play a great maritime part. No,
that would be pure illusion. The money now demanded
is destined only to repair the faults of the past, to fill up
the deficiencies which it is no longer possible to conceal,
to give us in 1845 the naval organisation which we ought
to have had in 1837. Such is the true state of the case.
In England, perhaps, umbrage will be taken at this last
credit. In France it will be supposed, perhaps, that we
are going to take a giant's stride in the course where all
the national sympathies urge the Government. In both
cases a mistake will be made. The ordinance of 1837
becomes a verity, and that is all. Over that the 137
millions are spent. We shall simply have the effective
force which Admiral Duperre then demanded as neces-
sary, with this difference, however, that in place of 70
steamers, which were put down in his plan, we shall
have 100, or 30 more. Insufficient as is this result, it
is the inquiry of last year which has produced it. Let
us congratulate ourselves, therefore, on the decision
taken at that period by the Chamber. We strongly
supported it, and, in our opinion, it bad only one fault,
that of being tardy."
" The indisposition of the Queen of the French arises
from a cold attended by lumbago, caught, it is believed,
in visiting various shops to make purchases of presents
for New Year's-day. Her Majesty is not obliged to
keep her bed, and was even able on Saturday to join the
family circle in the saloon.

" The whiter seems to have set in at Paris. On Sun-
day evening a considerable quantity of snow fell, and
still lies thick upon the ground in those parts of the city
where it is not melted by the artificial heat.
" The overland India mail, by the usual convey ante
via Malta and Marseilles, reached Paris on Sunday.
" According to accounts from St. Petersburgb, dated
the 26th ult., the cold had varied between 12 and 15 de-
grees below zero of Reaumur (from 7 degrees above to
2 degrees below zero of Fahrenheit), but the total ab-
sence of snow stops all intercourse with the different
parts of the empire, and thus threatens an enormous in-
crease in the prices of the necessaries of life. The har-
bour of Cronstadt has been locked up by the ice ever
since December 13th."

On the Paris Bourse on Monday the Three per Cents.
closed at Pf. 90e. ; the Firs per Cents., 1211. 30c. ; the
Orleans Railroad shares, at 1,235 f.; Rouen, 1,010 f.; North-
ern, 750 i ; Havre, 810 f. ; Avignon, 975 f.: Vierzon, 685 f. ;
Bourdeaux, 6421. 50c. ; Boulogne, 553 f.; Troyes and
Montereau, 445; Bnsle, 252 f. 50c.
The Paris and Lyons Definitive Shares sold at 135 f. pre-
mium ; the Paris and Strasburg ditto, 52f. ; the Tours
and Nantes ditto, 80f.; Bordeaux and Cette (Mackenzie),
41. ; ditto (Espeleta), llf. 25c, ; Charleroy (Kysaens) 10f.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCPIANGE, JAIL 6.
Anglo-Belgian lMaelrid and Valenci.

Barladees
Boulogne and Arnim.. 123
Bordeaux &Medtterran 2
Bordeaux and Toulouse
& Cette (Espeleta)
Do. (Mackenzie's) .. 2
Callao, Lima, and Pa-
cific Coast
Central of Spaii .....
Ceylon . ....... ..........
Demerara
Deladre Valley
Dutch Rhenish ......
Dieppe & Paris Jana.
Dijon and Mulhouse

LCIA...

llaurithss
Namur and Liege 4
North Jamaica .
Orleans and Vierzon
Orleans and Bordeaux 12
Over Yssel
raris & Lyons (Laßue) 21/2
Ditto (Ganiermes).
Ditto (Calox's)....
Ditto (Sad Est)
Pans most Orleans —
Paris and Rouen .
Paris and Strasbarg
(Ganneron's)
Do. (C”ape do L'Est)

Dist Indian ........ I
Fampoux & Idazebrouk
Grt Northern of France
Constituted
Great Indian Peninsular %
Great Paris and Lyons.
Great Western Bengal
Great Western Canada
Jamaica Mid. Junction --
Do. North
Do. Extension
Jersey
Louvain aid Jemappe 2t/
Lyons and Avignon
Litxembearg

De. (Ayntard's)......
Paris and St. Quentin.
Rouen and Havre.—
Royal Nertk of Spain.
Sambre and Meuse .... 6%
Strasburg and Bale ....
Teurnay,Jarbise, Lan-
den, and Hasselt —
Tours and Nantes
(Mackenzie's)
De. (Lefebvre's)
De. (O'Neill's)
Trinidad
Verona and Ancona —
West Flanders

Mr. Murray, younger, of Philiphaugh, has ad-
dressed the ;electors of Selkirkshire as a total and
immediate corn-law repealer. We rejoice that the
Duke of Buccleuch is not to be allowed to have it all
his own way this time. The new writ will be moved
for immediately upon the meeting of Parliament.

THE NEW PLANET.-Mr. Wyld, of Charing-cross,
has just published a small, neat chart, describing the
path of the planet Astrwa. It exhibits all the prin-
cipal stars in that part of the heavens wi ere the planet
is seen, and will enable any person, even slightly
acquainted with astronomy, and provided with a good
telescope, to discover its path. The stars are from
Bessel's Zones, and the planet's course by J. H.
Hind, Esq.

SACRED HARMONIC SOCIETY, EXETER HALL.—
The last of the annual performances of the Messiah is fixed
' for riday next, the 9th inst.
lF
aht,pelsey Right Hon. Charles Arbuthnot arrived yester-
day,llonAe, from Strathfieldsaye, en route to Colonel
Arbuthnot's seat, Woodford House, near Kettering.
The Earl of Besborough and family are expected
in town next week, from the family seat in Ireland.
Lord and Lady Wharncliffe are staying at Wortley
Hall, near Sheffield. The Dowager Lady Wharncliffe and
the Hon. J. Stuart Wortley have gone to Torquay, Devon.
THE WEST INDIA MAIL.— SOUTHAMPTON, TUES-
DAY NIGHT.—The Tweed, from the West Indies, Mexico, &c.,
arrived this evening. She brings 172,757 dollars, 39,710 of
which are for the dividend; also 4,367 ounces of silver,
1,116 ounces of gold dust, 253 scrolls of cochineal, and 16
passengers. Mexico is still in a disturbed state. Her latest
dates are, Jamaica, Dee. 9 ; llavannah, 11 • Tampico Nov.
22 ; Vera Cruz, Dec. 2 ; Bermuda, 21. The Pacha Zas also
arrived with the Peninsular mails.

COST OF RURAL POLICE.—In the small. county of
Nottingham, it appears that the cost of the rural police for
last year was 5,341/. 2s. 2d.—a dearish annual smart for the
ratepayers !
EXTREMES.—We are told that extremes never last
long; but it would be well if it could be said that extreme
poverty did not last long.

ing a grant of 93,000,000 f., to extend over seven
years, for building and refitting sailing-ships, steam-
ships, and adding to the naval stores in the arsenals.
The object of this grant is to put the navy into the
state prescribed by the ordonnance of 1837 and the
royal decree of 1842. The only difference is, that the
number of steam- ships fixed by that. decree is to be
increased by thirty. It may be necessary to state, that
in order to carry out the original intentions
of the Government with the additions mentioned,
the total sum required is 135,000,0001., or about
5,400,0001. This sum is to be met by an annual
payment of 6,000,000 f. for seven years, and the grant
now required of 93,000,000 f. The following is the
mode in which this large sum is to be expended :
Building ships; 70,194,000 f. ; fitting out, 24,200,000 f.;
artillery and stores, 9,200,000 f.; steam-engines,
7,800,000 f.; stores for the arsenals, 23,500,0004:—
making a total of 134,894,000 f. By means of this
expenditure, France will come into possession of 270
sailing ships of war, viz., 20 ships of the line, now
afloat ; 20 on the stocks, and nearly finished ; 50
frigates, of which 40 are afloat, and 10 building ; 60
corvettes; 60 brigs; 40 smaller ships; and 20 trans-
ports. Also 100 steam-ships, viz., 30 of the first
class, that is of from 400 to 600 horse-power,
arid 70 of the second class, or from 90 to 300
and upwards horse-power. The Bill was re-
ferred to a Committee, without any remarks. In
respect to this large grant, the Constitutionnel says
—"Let it be observed that all this is not an increase,
but the supplying the deficit, and a carrying into
execution of measures resolved upon several years
ago. While waiting for the publication of the re-
port, we are struck with one reflection. It is con-
fessed that there exists a deficit or insufficiency,
which it has not till now thought fit to make known
to the Chambers and the country. This is an ad-
ditional proof of the necessity of the inquiry ordered
last year, and a useful result of this Parliamentary
resolution. We will add that, the Ministry has thus
pronounced its own condemnation, for the resistance
it made three years ago to the proposition of M.
LACROSSE, which it declared to be a useless amend-
ment." The Opposition journals in general express
satisfaction at the proposed grant, and only com-
plain that the Government have been so backward in
showing something like national spirit. The best
article on the subject is in the Press, which we here
subjoin :