The Sun.
London, England, 1870-03-28 00:00:00

REPUBLICAN PLOTS IN ITALY,

The Official Gazette of Florence says that the Italian
Government, being in possession of clear evidence of
shortly intended Republican movement, have forewarned
the authorities of those towns where either disorders are

probable or strikes going on.
The paper proceeds to report on the known facts which
have occurred at Pavia, and further states that the same
night at Piacenza a crowd of one hundred rioters appeared
before the barracks, shouting seditious cries, asking the
soldiers to open the gates, and even trying to force an en-
trance. In this they failed, and took to flight, when

two of their number were arrested. The tom,
is tranquil, and much indignation prevails against
the disturbers. On Friday morning, the paper adds,
seventy individuals formed themselves into a band at
Brisighella, near Faenza, and marched in the direction of

Bologna.

Advices from the latter place speak of the existence of
a plot to collect a large assembly of young men, with arm:
in that city, but the precautionary measures taken caused
their designs to be abandoned. A few arrests were made.
The townspeople themselves were ignorant of the
intended outbreak, and tranquillity has not been dis-
turbed.

QUEEN ISABELLA AN]) THE POPE.
Queen Isabella of Spain has sent a letter to the Pope
by the Prince of Asturias. She rejoices that " one of the
most vehement desires of her soul" is fulfilled, and her
son is to receive the promised Sacrament from the hands
of the Pope, and prays Heaven to grant that the boy
" may inherit the religious piety ever felt by his mother
now that she cannot expect that he will inherit her for-
tune." As for the throne, which belongs to her of right,
she does not, she says, aspire to preserve it foi
herself, but to transmit it on the best mid most
fitting occasion to the Prince. She therefore wishes that
he shall be educated in such a manner that if the nation
needs him, he may go to perform his labour without ex-
citing the hatred or opposition of any of the numerous
factions into which bpain is unfortunately divided,
" for he will have learned that the good Kink,
fo Spain must not belong to any party, but
to all the Spaniards, and that God has given the
Kings for the peoples, and not the peoples for the Kings
0 that so much blood had not been shed for his mother,
innocent as she was of it. If, during our civil war, I had
been found in the state of reason of which my infancy de-
prived me,. I would not have wished to reign at so much
cost. I wish not now that my boy should mount a throne
erected upon tears and misfortunes. I do not desire the
throne for him if he is not raised to it by the legitimate
hopes and general love of the mople."

TRADE AN P FIN AN OE.

SATURDAY EVENING.

There has been no' prominent feature in the money
market duringt he past week. The effect of Mr. Lowe's
new financial arrangements has been to cause a large influx
of public money into the Bank, which has somewhat
reversed the natural order of things in regard
to the respective positions of Lombard-street and
the Bank directors. For some time past the
value of money, out of doors, has been m excess
of its value in the Bank parlour, and the applications for
assistance to Threadneedle-street, have accordingly been
numerous. On the payment of the dividends, however,
this will be rectified, and a very considerable
amount of capital will then be transposed from
the Bank to the open market. We pointed out, in
April last, that the method of collecting the
income-tax would have the effect of largely swelling the
Government balance at the opening of the year, and
gradually diminishing it towards the close. Some com-
pensation will be afforded by the quarterly payment of
the dividends, and the proposed manipulation of the
savings-banks funds, but the tendency will still be in this
direction.
The prospects of the money market have undergone no
important variation ; and any upward movement in the
rate is probably still distant. Nevertheless, prices of
nearly all commodities—except wheat—are rising, and
trade shews signs of a healthy expansion, so that a gradual
rise in the value of money may be anticipated as the year
advances.
The singular rejection of the foreign clause in Mr.
Sherman's Funding Bill by the United States Senate has
led to a great deal of discussion in commercial circles.
This clause was introduced in the bill brought forward
last year as well as in that now under consideration in the
States, and proposed to make the interest on the United
States debt payable in Europe as well as at Washington.
Tha popular feeling inAmerica against this is very strong,
but appears to arise chiefly from a •sentimental notion
of entire independence of Europe. The advan-
tage to European holders from the concession would be
great, as it would obviate the necessity of forwarding the
Coupons for collection in Washington, and so incurring
loss by exchange. As the quotations for the Bonds would
rise in proportion, and as it is or should be the aim of the
United States Government to so improve their credit as
to get their bonds quoted considerably above
par, Preparatory to the funding of the debt
at a lower rate of interest, it would ap-
pear to be equally to the interest of the latter to
make the concession. No doubt this is the view taken of
the matter by the Cabinet, and especially by Mr. Bout-
well, the able Secretary of the Treasury, and we have
hopes of seeing the clause restored by the House of Repre-
sentatives. But the popular opinion—in which we regret
to see many of the leading journals of the States concur—
appears to be that the debt of the United States is a
home debt, and was raised • amongst the Americans
'themselves, thus placing the Five-Twenties, in this respect,
on a par with Consols, and retaining the power of taxation
in American hands. Theoretically this is so, but prac-
tically about four hundred millions of the United States'
debt is held in Europe, and for this loaned capital the
United States have been willing to pay handsomely, and
have gained considerably by the transaction. The great
discrepancy which frequently arises between theory and
practice was never more completely illustrated than in
this case, and it would be the height of folly to ignore the
practical effect of the heavy investment of European
capital in Five-Twenty Bonds, by refusing to consult the
convenience of holders in so small a matter as the pay-
ment of the interest in the European monetary centres.

Mr. Morley, M.P., for Bristol is said to pay in
annuities to old workmen in Nottingham no less than.

£2,000.
The Irish emigration season has opened. The
Aleppo, of the Cunard Line; left Queenstown on
Wednesday, with 200 passengers on board. Two more
steamers left on Thursday, and one was announced to sail

on Friday.
THREE MEN BURIED ALIVE.—While three men
were engaged on Friday digging a bed for a water-wheel
on a farm at Newdeer, Aberdeenshire, the sides gave way,
and they were buried alive. Their names were M`Donald.
Stelling, and Bruce. Three other men were injured.
THE LOST MAIL PACKET NORMANDY.—The mail
for Jersey, picked up on Tuesday, and forwarded to its
destination on Thursday, was found to contain news-
papers only, and many of them were in such a condition
through the action of the sea water that the addresses
of
were either obliterated or washed off a large portion
them, while a quantity were almost reduced to a state of
pulp and rendered totally worthless for any purpose.
A relief fund has been organised in Jersey for assisting
the widows and,' orphans of the sufferers by o
Normandy.
THE CITY OF BOSTON.—The New York papers
refer to the report that the steamer sighted in mid-oce
quotesan
by the Mary Johnston was the City of Boston, and
the opinion of the owners on the probability of the steamer
in question being the missing vessel. The Inman line
authorities in New York state that the funnels
of their
ships are not marked in the manner described in the ac-
count of the Mary Johnston. The locality given is
tpreh-
cisely where the City of Boston ought ro h b
eetiLat -the
date given. While the agents are of oplmon e
steamer was one of the Allan Portland line, theyadmit
the possibility of its being the Boston.
CUBAN AFFAIRS.—At a conference with the
House Committee on Foreign Affairs, Mr. Secretary Fish,
gave a vory full statement of the whole Cuban question,
and said that there was much exaggeration in the reports
of the ill-treatment of American citizens by Spaniards.
The Secretary deprecated any action being taken by_ Con-
gress at present, because the Governments of the United
States and Spain were on friendly terms. He trusted that
a satisfaxtery solution would shortly be arrived at if no
hostility took place.— The murderer of the American
Isaac Greenwaldth, has been executed. A great effort
was made to Captain his life, and the Foreign Consuls wero
appealed to. General de Rodas kept to his word,
and insisted on the sentence of the law being put into
execution.
A. DOG'S SCENT OF A STORM.—On Saturday
morning, as the steamer from Barrow was coming into
her berth at Donegall Quay, a rush was made to the edge
of the wharf as if some person had fallen overboard. On
looking, it was observed to be a dog. A boatman suc-
ceeded in getting the animal into his boat. The dog is of
the Newfoundland species, is very sagacious, and much
attached to his master. When the ship is at seat it is
his custom to stay on the bridge keeping a look out
when he sees a light ahead in the distance, he will raise a
tremendous howl to warn his master of the approach of
danger. If what the sailors call a dirty night is getting
in, the dog will walk ashore a few minutes before the sail-
ing of the steamer.—Belfast News Letter.
AN EXTRAORDINARY SUICIDE.—On Friday morn-
ing, a woman named Baker, wife of a bargeman at Ro-
chester, while temporarily employed as charwoman at a
beershop, killed herself by a fearful blow on the head
with a hatchet, inflicting a large wound on the top of the
skull, exposing the brain. She had talked and behaved in
a strange manner earlier in the morning, and a girl in an
adjacent house saw her flourishing the hatchet. An in-
quest could not be held at once as the city coroner was
absent in London. The deceasedwas supposed to be about
36 years of age.
The Echo is informed that the rumours to the
effect that Mr. Baxter would be transferred from the Ad-
miralty to the War Office are without foundation. It is
understood that Sir Henry Storks is standing for New-
ark, with the expectation of obtaining one of the Parlia-
mentary offices to be created under the War Office Bill.
Mr. Mundella is spoken of for-the other. •
The 'porting Gazette says that Uaptain Nugent
will continue the mastership of the North Staffordshire
Hunt which has been put upon a firmer basis than ever.
The Duke of Sutherland has promised to continue his
annual subscription of £5OO, besides providin„,_, stables and
kennels ; and the Earl of Shrewsbury will also continue
hirdib cr4l support tO. the tiunt.