The Sun.
London, England, 1848-10-26 00:00:00

TI-1E FRENCH REPUBLIC.

FURTHER MODIFICATION OF TH.
MINISTRY.

We have received the Pais papers of yesterday.
They contain the announcement of the resignation
by M. GouncnAux of the Nlinistry of Finance. M.
GOUDCHAUX, it appears, lad some time since ex-
pressed his determination b resign, and on Tuesday a
council of Ministers was held on the subject, at which
M. ARMAND MARRAST, tie President of the National
Assembly, assisted. Thr Ministers were unanimous
in urging M. GOUDCHAOX to withdraw his proffered
resignation and to continxe in office. He was not, how-
ever, to be persuaded, and his resignation was at length
reluctantly accepted by his colleagues, who at once
proceeded to deliberate as to the choice of a successor,
when it was finally arranged that M. TROUVE
CHAUVAL, Prefect of the Seine, who was formerly a
banker at Mons, and who is well versed in financial
matters, should succeed M. GOUDCIIAUX as Minister
of Finances, and that M. REcurer, who last week
resigned the Ministry of the Public Works, in order
to enable General CAVAIGNAC to make the Dufaure
modification of the Ministry, should succeed M.
TROUVE Clia.uvan as Prefect of the Seine.

At the sitting of the Assembly yesterday, M.
GEANDIN put his promised question relative to the
late Socialist banquets. This gave rise to a very
tumultuous discussion, which continued some time.

The law for regulating the election of President,
which was presented on Tuesday, proposes to fix the
10th of December as the day of the election. M.
DE LAROCEIRJAQUELIN has given notice that he shall
propose as an amendment that the election shall take
place on the 2#3th of November.

The question as to the property of Louis PHILIPPE
is, it is said, at length settled. The Count DE Mort-
TALIVET is to be liquidateur, and a loan of twenty-four
millions is to be raised to pay the most pressing
claims on the property, and for the immediate sup-
port of the members of the Royal Family now in
England. Louis PHILIPPE is said to have bound
himself, if this plan be agreed on, to pay regularly
to the Duchess of ORLEANS her dowry of a million
of francs per annum. The Government wished M.
Doris to be liquidatcur, but this was objected to by
the ex-King.

PARIS BOURSE—WEDNESDAY, OCT. 25.
THREE O'CLOCK.—The retirement of M. GoudchatA,
the Minister of Finances, had a bad effect at the Bourse
to-day. Nothing is known of the capabilities of his suc-
cessor. No less than 95,000 of Five per Cents. Rentes
were discounted, but without being able to support the
market. For the Account, the French Three per Cents.
have declined 20c., the Fire per Cents. 15e., end the,
Loan 10e. For Money, the Three per Cents. have
declined 10c., the Five before the
15c., and the Loan 10e.
Beets du Tremor issued before the 24th February are aL
21i discount, and those of the Republic are at 6 per
cent. discount; Bank of France Shares have fallen 15f.;
Belgian Bank Shares not quoted; Five per Centr. are
the same as yesterday; Spanish Funds not quoted;
Roman and Rothschild's Receipts without any change.
Exchange on London (30 days), 25f. 45c.; ditto (90
days), 25r. 275. Railway Shares for the Account,
settling of the 31st of October:—Orleans have risen 7f.
50c.; Herres have declined 61. 25c.; and Northerns,
31. 75c.; no others quoted. For Money, the Orleans have
fallen 3!... 75f.; Rouens 7f. 50c.; Marseilles, I 1 f. 25c.;
Bales, Vierzons, Bordeaux, Strasburgs, and Nantes,
11. 25c. each.

BUSINESS DONE IN FOREIGN RAILWAYS AT THli
LONDON STOCK-EXCHANGE, Oar. 25.
Boulogne and Amiens, Vii—Dutch Rhenish, 14—Namur
and Liege, 4—Northern of France, 6—Orleans and Bor-
deaux, 1%.

SPAIN.

Madrid journals of the 19th and 20th have arrived

There has long been going on a struggle for
mastery between NARVAEZ and CHRISTINA. NAR
YAEZ has conquered. He has dismissed MIRAFLORES,
who has always been the agent of CHRISTINA in her
secret negotiations, from the office of Governor of the
Palace, abolished the office itself, and invested the
KING CONSORT with the sole direction of the Royal
Household and patrimony, to attain which has been
the object of the worthy Paquo from the moment he
married the QUEEN. The Marquis of BEDMAR has
been deported from Spain. While NARVAEZ is en-
gaged in these palace intrigues, the insurrection in
the north is becoming every day more formidable.
According to the last accounts, IRIARTE and AMETT-•
LER had entered Spain and joined the insurgents.