The Sun.
London, England, 1848-08-17 00:00:00

SPAIN.

Madrid journals of the 11th have arrived.
Senor SARTORIIIS, the Minister of the Interior,
was expected to leave Madrid for Seville in the
course of a few days, in order to be present at the
approaching accouchernent of the Duchess of MONT-
PENSIER.

MADRID BOLSA, AUG. 11.—Three per Cents., 19i
paper ; after Bolsa, 19 cash. Five per Cents., 11
paper ; after Bolsa, 10i cash. Passives, 4 paper ; after
Bolsa, 3 15-16 cash. Coupons, 7 cash. Bank of St.
Ferdinand, 50 cash. Discount of notes, 6to 6f per
cent. Exchange on London, at 30 days, 45 to 50 cash.

THE FRENCH REPUBLIC.

Tuesday being the festival of the Assumption, and
also the anniversary of the birth of the Emperor NA-
POLEON, was observed in Paris as a close holiday, and
consequently only a small number of the journals ap-
peared yesterday morning,we believe only the Presse
and the National—and in the case of the Presse, M.
EMILE DE GINARDIN thinks it necessary to apologise
for employing his printers on a festival day, by stating
that under ordinary circumstances he should not have
printed his paper on such a day of general holiday, but
that on the present occasion he feels it necessary to pub-
lish, in order to make up to his subscribers for the
time that was lost during the period the publication
of La Presse was suspended, by order of General
CAVAIGNAC. The Wational contains what may be con-
sidered an official appeal from the Government to the
Assembly, not to enter on the discussion of the report
of the Committee on the insurrection, but to pass at
once to the order of the day, and hand the whole
matter over to the judicial authorities for calm in.
vestigation. " Have you," asks the National, " well
weighed the object of a political debate ? and above
all, of a debate, half political, half judicial—a debate
in which would be mingled facts, calculated to open
prosecutions, as well as general doctrines, systems,
and tendencies—a debate embracing necessarily the
whole revolution, man and policy, acts and consciences,
and in which it would be difficult to separate justice
from passion—and before whom should be unfolded,
this indictment, implicating, despite your efforts to
the contrary, the whole revolution ? Before a tri-
bunal whose judges should themselves descend into
the arena, with recrimination on their lips, dealing
reciprocal accusations and dwelling on recollections
more or less exact, more or less envenomed by hatred,
and judging one another, instead of the accused. Ah
we avow that we do leave the responsibility of such
combats to those who have the sad blindness to pro-
voke them. We repel such strife in the name of all
our necessities which make concord a law. No, we
which
not on our own account those struggles lich
some go out of their way to seek with unpardonable
imprudence; we fear for internal tranquillity, for our
influence abroad, for France, for European popula-
tions, brought within the orbit of our idea, and in
whose eyes we should not lower, by the spectacle of
fatal divisions, the democratic tendencies they have
received from us. We seek to prevent it because we
have foresight." And thus it concludes :—" Do you
not fear to provoke thus in the Assembly itself a sort
of civil war which might kindle (we do not wish to
admit it, but why should people out of doors be more
wise than ourselves ?)—might kindle, we repeat, a
fresh civil war in the streets. Do they not fear to
let loose such a tempest upon the conflagration that
was just beginning to expire, and so lead to a general
conflagration of opinions, if not of events? No, we
cannot think that, having it in their power to avoid
such a fault they will not seek to avoid it. If the
Assembly and the Government do not take the initi-
ative at once in these present circumstances, affecting
as well foreign as domestic events, they will incur
great responsibility. For our own part we have done
our duty, and stand acquitted of consequences. We
may be blamed, but we discharge a conscientious duty.
We only hope that on some day fast approaching
it shall not appear that we have had too much reason."
The reactionary parties in Paris are intriguing to
bring about a restoration, and as it is necessary to
destroy the present system in order to effect this ob-
ject, the Royalists, knowing that they themselves are
too weak to accomplish it, have formed an intimate
and close alliance with Communists, Red Republicans,
and Socialists.

The trials of the insurgents before the Military
Commissions are still going on. Upwards of 4,000
prisoners have been tried. Of these 160 have been
sent before a Court Martial, 1,700 have been sen-
tenced to transportation, and 2,000 have been dis-
charged. Suveral arrests are daily made. There was
a grand review on Tuesday of the troops of the line
in the Champ de Mars.
In the Assembly yesterday the project for postal
reform came on for discussion. It is thought the
project will be agreed to, but the reduced rates will
not come into operation until 1850.

PARIS BOURSE, WEDNESDAY, Auc. 16.
The funds opened to-day considerably above the
closing prices of Monday, but they gradually gave way
without any apparent reason, and they ultimately closed

at nearly the highest prices of Monday. A good deal
of uneasiness is felt at tho Bourse to-day, with respect
to the debate in the National Assembly, which is to
take place on Monday, and many think that riots may
be the consequence of it. For the Account:—The
French Three per Cents. have fallen 50c.; Five per
Cents. have fallen 25c.; Loan has fallen 25c. For
Money :—The Three per Cents, have fallen tioe.; Five
per Cents. have fallen 50c.; Bon du ITr6sor are at 23
dis.; Bank of France Shares have fallen 5f.; Belgian
Bank Shares not quoted; ditto, Five per Cents. have
risen If.; Spanish funds not quoted ; Roman have
risen 2f.; Rothschild's Receipts are the same as on
Monday. Exchange on London (30 days), 25 30; ditto,
(90 days), 25 22i.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK-EXCHANGE, AUG. 16.
BOulogne and Amiens, 6% —Northern of France, 534—
Sambre and Meuse, 21/2—Tours and Nantes, VA.