The Sun.
London, England, 1870-05-28 00:00:00

FRANCE.

PARIS, May 28.

The deputies who met at M. Picard's house on Wednes-
day have published a note in the Biecle affirming the
unanimous resolution to take part in the deliberations
existing between them on questions of principle. The
deputies take their stand upon the national sovereignty,
and a desire for the triumph of Democratic principles by
universal suffrage.
A railway accident is reported to have taken place yes-
terday near the tunnel of St. Benoit. The locomotive
and six carriages ran off the rails, were precipitated down
a high embankment, and broken to pieces. Two persons
were killed, and several others very 'seriously hurt.

SPAIN.

It is rumoured that Marshal Prim will tender his re-
signation should the Cortes refuse to confer Royal attri-
butes upon the Regent.
It is believed that the position the Cortes have taken in
this matter may undergo some change yet, and according
to rumour they will attempt to elect a sovereign merely to
prove that no candidate whatever has any chance of
obtaining a majority.

ITALY.

FLORENCE, May 27, Evening.

In to-day's sitting of the Chamber of Deputies the
revenue estimates were adopted by 216 against 53 votes
without discussion.

Signor Sella, in presenting the estimates for 1871, said,
assuming that the estimates of the G-overnment7as modified
by the Financial Committee would be adopted, the bud-
get for 1871 shows a surplus of 2,700,000 lire. Comparing
the estimates with those of the current year, which were
laid before the House in March last, a reduction of
13,000,000 lire would be shown in the expenditure of the
Ministry of War, and a total reduction of 22 millions of
lire under the head of "Administrative expenses." On
the other hand, there was an increase of fifteen
millions of lire in the irreducible expenditure and of 36
millions in the Department of Public Works.
The Minister observed that these expenses would be re-
duced by 20 millions, should the Government succeed in
transferring to a private company the construction of the
Calabrian railway system. The ordinary revenue shows
an augmentation of 80 millions of lire, chiefly owing to an
increase of taxes, and the extraordinary receipts an in-
crease of 122 millions, of which 106 millions are obtained
by the issue of Rentes to provide for the cost of construct-
ing the Calabrian Railway, in case no concession should
be granted. _ _

Replying to the arguments of the Opposition, Signor
Sella defended the Government Financial Bills respecting
the army, and urged the necessity of restoring the finance
to a sound condition. In conclusion he said, "If our
opponents think they are able to re-establish the finances
without resorting to the retrenchments proposed by us,
then we would willingly yield them our places. But we
could not remain in office should these measuers not be
adopted."
After a few remarks from various deputies the general
debate was closed, a motion to that effect being voted by
calling over the names of the members, 165 voted for and
107 against it.

NEW YORK, May 27.
Gold closed at 1144; the highest quotation during the day
was 115 k ; the lowest 1141.
Sterling Exchange on London lO9l
Five-Twenty U.S. Bonds, 1882 1124
Ditto 1885 lll4
Ditto 1867 1144
Ten-Forty ditto 1867 lOB4
Illinois Shares
Erie
Cotton, Middling Upland
Petroleum, Standard White 274c
Flour, extra State .. 54.80 to $5 40c.
Corn, old Mixed $1 14c.
According to Messrs. Moffatt, Davidis and Co.'s report
the week's receipts of cotton have been 31,000 bales, and
since the Ist of September 2,760,000 bales. Shipments to
England, 37,000 bales; to France, 1,000 bales; and to the
Continent, 1,000 bales; and since the Ist of September,
1,930,000. Stock at all ports, 303,000 bales. Middling
Upland, 104 d, cost and freight per steamer.

..)
'4 INDIA.
[9 (By British Indian-Submarine Cable.)
i 2 BOMBAI, May 27 (Evening).
Ll
2 Cotton and piece goods quiet.
7 Exchange on London, 6 month's Bank Bills 1.11;
35 4 per Cent. Government Securities... 971-
9 5 44 ,c IO7U

5i ~

1141 f

. 271

IThe following news appeared in our First Edition pub-
[shed at Eight o'clock this morning :—]

(BY ELECTRIC TELEGRAPH.)
THE FENIANS IN CANADA.

TORONTO, May 27.

The Toronto Globe has received a telegram from its
special correspondent, stating that the 69th Regulars and
Militia Volunteers found 400 Fenians on the north side of
the Front River, near Huntingdon. They had thrown up
breastworks, but dispersed hastily at the first attack of the
troops, the officers in vain trying to stop them. The
Canadians followed them to the border, and it is thought
the American soldiers from Malone will capture them.
In their flight they threw away a number of arms and
accoutrements.

FRANCE.

PARIS, May 27.

M. Gambetta made a speech at Belleville yesterday
evening on the Plebiscite. The Irreconcileables should
only try persuasive measures, and universal suffrage will
eventually support them. The majority for the Plebiscite
was owing to the fears of the bourgeoise, and the nation
must be convinced that Republicanism was consistent
with order, and the Republicans must show that they could
govern themselves before they could govern France.
There has been another disturbance at the College de
France, at M. Laboulaye's lecture, owing to his nomina-
tion to the Senate. Stones were thrown, and the " Mar-
seillaise" sung. M. Laboulaye had to leave the room
without giving his lecture.
In the Corps Legislatif M. Bethmont, a deputy of the
Left, and M. Duvernois, of the Right, censured the Go-
vernment for their policy with regard to the right of asso-
ciation. M. 011ivier said the time had not come to grant
freedom of political association. The order of the day was
passed by a large majority.
The Counoil of State meets on Saturday to discuss
the Government Bill on the nomination of mayors.
A telegram from Poictiers states that to-day's mail train
from Limoges went off the rails at St. Benoit, and fell
into the river Vienne with the passengers. No particulars
9 are given.

The Bourse closed with Rentes at 74f. 70c.
BANK OF FRANCE.
WEEKLY ACCOUNT.
Increase.

. 157

France.

Private accounts
Cash in hand
Advance ...

. 26,333,000
16,000,000
600,000

Decrease.

Notes

Bills discounted
Treasury balance

26,142,000
21,000,000
600,000

Yesterday further evidence in the Bristol Election
Petition was called to disprove the statements of Frost
and Kemp. Serjeant Ballantine then summed up the
respondent's ,case. Mr. O'Malley followed by summing
up the whole case. Both counsel confined themselves to
the facts in their addresses, reserving the legal point as
to the test ballot until afterwards. The judge delivered a
lengthy judgment, holding that there was no bribery or
treating except at the test ballot, and whether that bore
on the election he would reserve for the decision of the
MADRID, May 27, Evening. I Court of Common Pleas. The question of costs was
also reserved.

AQUATICS AT OXFORD.

The last of the present series of, eight-oar races at
Oxford took place last evening, when there was not a
single bump. University now heads the river, and the
other colleges left off in the folloWing order—St. John's,
Exeter, Balliol, Christchurch, Corpus, Pembroke, Lin-
coln, Queen's, Worcester, Wadham, New Merton, Trinity,
Magdalen, Oriel, St. Edmund's Hall, and St. Mary's