The Sun.
London, England, 1848-09-29 00:00:00

" No, no '.)?—the old Convention, with its power to set
down and raise up ! The great majority of the present
Assembly had shewn itself guided by moderation and
good sense. Abroad, it had resisted the most generous
impulses ; and at home had refused to countenance those
new social ideas which its experience told it could not
but be attended with danger. The present Assembly,
therefore, was certain to consolidate and defend, and not
to destroy. Hence, when the constitution was voted,
ho felt certain that the Assembly would adopt it, not
for mere reasons belonging to the present moment, but
for such as belonged to all time—such as would tend to
give a regular and moderate Government to the country.
But experience must be looked on as of the utmost im-
portance in the consideration of such a subject; and
experience had shown that two Chambers were required
to preserve a balance of power in the state. To
create a single Chamber was to establish too great a
power—a power irresponsible. Where was there to be
a moderating power in France with a single Chamber?
In England it was found in the House of Lords, a body
so remarkable for its traditions, its power, its honour •
able pride of acting well. In America it was found
by the Senate, guided by its federative spirit. Where
was there such a spirit in France? Nowhere—there
was nothing but the democratic spirit. It was in
that spirit, therefore, that the moderating power was
to be looked for. But how? By adopting such a plan
as was set forth in the amendment under discussion—
by dividing the legislative power—by forekg one part
of the democratic power to hold a surveillance over the
other.—(Hear, hear.) Was such surveillance necessary?
Whoever should reply in the negative, whoever should
say that the single Chamber, being elected by universal
suffrage, would bo amply sufficient, might go a step
farther and say that, such being the case, there was no
necessity whatever for the constitution itself: But was
it certain that a democratic Assembly, elected by uni-
versal suffrage, was to be free from
.passions—was to
always act correctly? Experience proved the con-
trary ; the very acts of the present Assembly,
during the few months it had been sitting, showed
it clearly. Would the Council of State act as a cor-
rective, and supply the place of the second Chamber?
The Honourable Representative examined this question
at some length, and argued that body in question would
not be of more avail now than under the monarchy.
" I stand here," said the Honourable Representative,
" to declare the views of the minority of the Committee;
but I believe that, had the subject been considered on its
own merits only, the decision of that majority would have
been different.—(Movement.) For eighteen years I have
endeavoured to found and consolidate the Legislative
power under the monarchy, with as much sin-
cerity as I shall now endeavour to found and
consolidate that of the Republic —(Agitation ;
loud applause on the right.) For eighteen
years I have opposed the error., if clic constitutional
—.Loot:ay—of that monarchy which had been lust,
because it had incurred the hatred of the country ; and
again, I am ready to perform the same task under the
Republic.—(Loud outcry.) Do you suppose that a
democratic Assembly will run no danger? Do you
imagine that there aro no impulses to withstand? Be
certain that there are. Well, then, when such dangers
occur, I shall consider it my duty to again stand to my
post like a watchful sentinel. But you may be also
certain that if any serious evil should occur to the
Republic, it can only be from the absence of a moderate
Democratic power."—(Hear, hear.) The Honourable
deputy then again referred :to the danger of a single
Chamber as constituting a dictatorship, and concluded
by calling on the Assembly to divide the legislative
power in order to save the Republic from the cruel les-
sons which otherwise the future would reserve to it.—
(Loud applause.)
The Hon. Representative, on descending from the
tribune, was surrounded by his friends, amongst whom
we perceived M. Thiers, Duvergier de Hauranne, and
others, who warmly congratulated him. The sitting
was suspended for a quarter of an hour.
The liferniteur publishes the following paragraph:—
"A report has been circulated that the Minister of
Finance was endeavouring to negotiate a loan in Eng-
land. This news is destitute of foundation. If any steps
havebeent
ofaken is England they were made without the
participation
the French Government, which has no
intention, under the present position of the Treasury, to
make a new appeal to public credit."
Intelligence from Herault states that M. LAISSAC,
the Republican candidate, has been returned for that
department, in opposition to the Abbe DE GENOUDE,
the editor of the Gazette de France and the chief of
the Parti Pretrc.
The Journal des Debats confirms the accounts
which had been previously received of the defeat of
the Republican attempt of STRUVE at Baden, and
of his flight into Switzerland.
Not only is Paris perfectly tranquil, but it is be•
ginning to recover its wonted gaiety, and business is
fast reviving, not only in the capital, but also in the
provinces.

In the sitting of the National Assembly yesterday,
the amendment of M. DE ST. lIILAIRE to Article 20
of the new Constitution was withdrawn, and the
article itself, which establishes a single Chamber, was
adopted by a large majority. Articles 21, 22, 23, 24,
25 and 26 were also adopted. This sitting was ren-
dered further remarkable by the fact that a negro who
has been returned for Guadaloupetook his seat as a
Member.
The discussion on the article of the Constitution,
which determines the mode in which the President of
the Republic is to be elected, is looked forward to
with great anxiety. The club of the Rue cis Poitiers
(composed of the Legitimatist and Orleanist parties,
the leaders of which are M. TRIERS and M. LAROCHE-
JA4LTELIN, of the reactionaries, in short), has deter-
mined to vote for the election of President by uni-
versal suffrage, and for the rejection of all amend-
ments excluding any candidates. The club of
the Palais National (the moderate Republicans)
will vote for the election of the President by the
National Assembly. The Club at the Institute is
divided, and the Club of the Rue laitbout (the Red
Republicans) will vote against the appointment of
any President, except provisionally. It is expected
that the discussion will commence on Monday.
The Duke DE SOTOMATOR, the Ambassador of
Spain to the French Government, who was to have
presented his credentials some days back, has been
prevented by indispositien.
General MARET-MONGE, late Governor of Algeria,
has arrived in Paris.

The Corsairc says—" It appears that Generals
CAVAIGNAC and LAMORICIERS are disposed to sup-
port the principle of remplacement ntilitaire. The
Montagne alone will vote against it."
BOURSE—Penis, THURSDAY, SEPT. 28.
THREE O'CLOCK.—Tho contradiction by the Moniteur
of the report of the negotiation for a loan of twelve mil-
limas sterling in London produced an unfavourable im-
pression on the Bourse to-day, and the consequence was
a considerable fall in the price of Rentes. The Railway
Shares were also weak, but the fall in them was not so
great as in the Government Securities. The news of the
outbreak at Cologne had also an unfavourable influence.
For the Account, the French Three per Cents. have
fallen 15c.; Five per Cents., 40c., and the Loan, 50c.
Fur Money, the Three per Cents, have fallen 30c.; the
Five per Cents., 30c.; and the Loan, 55e.; Bons du
Tresor not quoted; Bank of France Shares have fallen
10f. Belgian Bank Shares not quoted; Five per Cents.
have fallen 11- per cent.; Spanish Funds not quoted; and
Rothschild's Receipts the same as yesterday. Exchanze
on London (30 days), 25f. 32ic.; dittu (90 days),
25f. 17ie.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK-EXCIIANGE, SErr. 28.
Namur and Liege, 4—Orleans and Bordeaux, :A—Paris
and Lyons, 414—Paris and Strasbourg, 1%.