The Sun.
London, England, 1848-04-18 00:00:00

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THE WEATHER-SuN OFFICE, APRIL 18.
TRZIOIO3IIITIUt„7,O9VeSt, 40 ; Highest, 57; 'Noon, 53.
BARONN*R, 29.58.—W1ND S.; showery.

SIGH WITHE. AT LONDON BRIDGE THIS DAY.
Morning 4. g min. after 2 Evening .. 21 min. after 2

tional Guard occupied nearly eight hours in defiling I
before the members of the Provisional Government.
Eight hours did that beautiful and majestic cere-
mony last— that ceremony of spontaneous adhesion
to the Statesmen of Democracy—beginning at three
o'clock in the afternoon and continuing till nearly
eleven o'clock at night. As the evening of Sunday
closed in, the spectacle presented a peculiar and pic-
turesque appearance, the moonlight gleaming on the
muskets and smaller arms of that moving multitude-
The cries which resounded from the mass were ex-
pressive of its sentiments; they were—" A bus les
Communistes !—A bas Cabet !—A bas Blanqui !—A
bas les faineansl—Vive la Republique :—Vive la Go-
vernenrent Provisoire ! Vice Larnartine ' The
latter cry was the most frequent. " Vice Larnartine
It was the sentence of death to demagoguism—to that
diseased and destructive demagoguism which seems
to be incarnate in the stalwart person of
M. LEDRU ROLLIN. throughout the whole of
Sunday, indeed, demonstrations of the popular
admiration for the illustrious Minister for Foreign
Affairs were made in front of his official residence ;
according to an eye-witness, whenever a troop of
National Guards passed before that residence, they
shouted to a man "Vice Lamartine !” Never, in
south, was there a more triumphant festival of mode-
ration, of justice, and of wisdom on the part of a
people, of liberty, equality, and fraternity—as on
Sunday. At one period not less than 200,000
National Guards were defiling along the quays of
the Hotel de Ville, and among them were distin-
guishable, not only the respectable garments of the
bourgeoisie, but the blouse of the ouvrier. It
is evident that an instinctive keenness of
perception has revealed to the Parisians the
real disposition of M. LEDRU ROLLIN. They perceive
that he does not merit even that deplorable but
splendid sentence upon DANTON, which has been
written by the Historian of the Girondists :—" He
possessed all the characteristics of greatness, except
virtue." Let the Republicans of France abjure such
men as this betimes, otherwise they will have sown
the wind and will reap the whirlwind.

Mr. HUME gave notice last night that, after the
recess, he should call the attention of the House to
the representation of the people. That notice on the
part of the Honourable Member for Montrose formed
an appropriate preliminary to the discussion on the
recent Derby election, which followed immediately
atter it, and which discussion was so far satisfactory,
as it induces us to anticipate some legislative enact-
ment which may put a stop to such iniquitous pro-
ceedings as have disgraced too many of the recent
elections. Among these elections that for the borough
of Derby was pre-eminently remarkable for a flagrant
abuse of the elective franchise; so great was that
abuse, and so indisputably has it been proven, that not
only were the new Members, the Honourable Mr.
STEUTT and the Honourable Mr. LEVESOIN GOWER,
declared not duly elected, but morever, on a new writ
for the election of two Members to serve in their

Iplaces being moved for last night, Mr. ELLICE op-
posed the motion, and declared that the electors of
Derby, by their recent abuse of their privilege,
erittd disfranchisment. A long and animated dis-
cussion ensued. The malpractices of the Derby
electors were unanimously admitted ; but while some
Honourable Members were for depriving them of the
franchise, others, with more prudence and justice,
advised only a suspension of the writ until
the recent proceedings should have under-
gone furth,r investigation. It was unfair,
they urged, to deprive the whole body of electors of

their just privileges when only a small portion of
that body were guilty of an abuse of those privileges.
For example, it was said that out of 500 freemen 200
had been proved to have taken bribes, whereas of
1,500 householders no such fact could be asserted.
Lord JOHN RUSSELL expressed his willingness to
consent to a new election being postponed till such
time as a satisfactory inquiry could be made as to the
extent of the abuses prevalent among the electors, at
the same time he objected to making such an inquiry
a Government affair, and suggested that it should
be moved for by some lion. Member, adding that he
himself, in 1819, when an independent Member of
the House, had entreated for an inquiry into one or
two cases of corruption with considerable success.
Sir ROBERT PEEL expressed his concurrence with
the sentiments of the Noble Lord. He was averse
to disfranchising the borough at once, but ap-
proved of a suspension of the writ, and would
vote for the appointment of a Commission to go to
Derby to inquire into the matter. From the result
of the deliberation of the douse last night the pro-
ceedings of the electors of the borough of Derby will
doubtless be subjected to a very searching scrutiny,
and at the same time a salutary example will be
afforded to all other corrupt constituencies.
Nevertheless, this scrutiny and this example will
not be sufficient; some more efficient remedy must
be essayed.

We shall watch with interest for the pro-
posed motion of Mr. hums, and the debate which
must necessarily follow upon it. Before, however,
that motion be made, and that suitable reform
suggested, it would be advisable for some preliminary
investigations to be first completed. The scrutiny
into the Derby election, for example, and also the
inquiry, not yet moved for by Mr. WOOD, into
the conduct of the Marquis of EXETER at the re-
cent election of Stamford. It would be most
advisable, and indeed most necessary for the results
of these and similar inquiries to be laid before the
House prior to any deliberation on the representa-
tive system, as the House vs ould by that means

become more accurately acquainted with the defects

of the present system, and consequently be the better
enabled to enact some fitting remedy. A practical
and efficient reform in our representative system
would confer an inestimable benefit upon all the con-
stituents of the kingdom, and it would, moreover,
afford unmeasured satisfaction to all who justly ap-
preciate the advantages of our admirable Constitution
and are zealous tor the honour of the House which
represents the People. Our representative system,
as by law established and as defined by theory, is
most admirable and most equitable, and affords a
happy mode of ensuring the power of the people, and
at the same time restraining that power from de-
generating into anarchy and abuse. But our repre-
sentative system as practically enforced is in a great
measure deprived of these advantages. That power
which theoretically belongs to the great body of the
people is practically exercised by a minority,
a minority who obtain that exercise of power
by intimidating or corrupting i;s legitimate pos-
sessors. And consequently, and unhappily, the
right of the franchise, the right of choosing a represen-
tative, and of thus having a voice in the Legislature,
and an influence in the Government—that right, the
possession of which should be the laudable ambition
of every British subject—is tco often only a tempta-

Lion to its possessor—a temptation to deceit and
dishonesty, a temptation which, if resisted, may cause
his ruin, and, if yielded to, must cover him with dis-
grace. A great, a radical remedy is absolutely de-
manded for these abuses. How can the government
of a country be equitably carried on when the mem-
bers of its Legislature obtain their authority on false
pretences ? If the base of an edifice be unstable, how
can the edifice stand secure ? While fraud and corrup-
tion are practised in the polling-booths, it is idle to
boast of the high character of the House. It is unneces-
sary, however, to dilate upon the urgent need of repre-
sentative reform, that need is, unhappily, too gene-
rally appreciated to be called in question ; it remains
only to be seen what reform may be proposed. In
the debate last night it was urged, as a reason for the
disfranchisement of Derby, that when, as in the in-
stance of that borough, the fault is manifestly on
the side of the electors, it is hardly fair only to inflict
a penalty upon the elected. It is unfair to unseat
the, perhaps, blameless Member, and suffer the
blameable constituents to pass scatheless. In such
cases it is undoubtedly fair that those who have shared
in the fault should share also in the penalty. Yet
there are instances in which, we are inclined to
think, the offending parties are, under the present cir-
cumstances, hors de la loi, and however great their mis-
demeanour incur no risk. For example, in the case
of the borough of Stamford, are the electors there
deserving of disfranchisement ? They have already
in many instances suffered greatly from giving a
conscientious vote, and those who may have yielded
to intimidation and given their votes only to save
themselves from ejection, cannot come within the
category of bribed and corrupted voters. In such a

case it is clear that the electors cannot be justly
subjected to penalty, and it is also equally clear
that in such a case the elected cannot legally be made
to suffer. An easy mode of solving the:difficulty,
and one strictly in accordance with equity and jus•
tice, would, to our thinking, be to disfranchise
electors in all cases of corruption, in which, like
that of Derby, the fault is on the side of the con-
stituents ; but to unseat the Member in all cases
where intimidation has been employed, and where,
like that of Stamford, the fault is committed by the
Member or his influential friends. The large ma-
jority who last night refused to agree to the issuing a
new writ for the borough of Derby, proves how
strong is the feeling of the House upon a subject in
which their individua► honour is so closely concerned.
The feeling of the country upon a matter so vitally
important to their best interests is too strong to be for
a moment called in question.

A very ominous movement is taking place in
various parts of Ireland. Notices have been served
on the managers of many of the savings' banks
throughout the country for the withdrawal of the
sums deposited therein. Large amounts have already
been demanded, and there appears to be no probability
of any immediate mitigation of the panic. In what-
ever light this circumstance may be regarded, it
affords matter for deep and serious consideration. It
is well known that during the period of the fearful
• destitution that existed some time since the amount
of the investments of the industrious classes were
ratherincreased than otherwise ; however lamentable
the distress and deep the suffering of the great body
• of the people, there was still a feeling of general
confidence and security in the resources and the
stability of the Government. Those who were
possessed of money were perfectly contented
to leave it in the several banks. The mischievous
propensity for hoarding, a propensity which occa-
sions such serious consequences to the parties them-
selves and the entire community, did not then pre-
vail. The money that was in the country was in
actual circulation, and turned to the best advantage
by the parties entitled thereto. Now, however,
matters present a very different aspect. The banks
are crowded with parties anxious to obtain a return
1 of their deposits, and to convert the notes in which
they receive payment into gold, which is immediately
p is
placed apart
the amountpartandhidd of actual logsenforsome future opportunity.
the
natinoal
It
exchequer, although it will probably figure as a
serious item in the public balance-sheet,
that is the most serious part of this line
of conduct. The money that is thus
withdrawn from circulation, and hoarded up, is for
all practical purposes as utterly lost to the country
as if it had been cast into the sea ; and with the
diminution of bullion thus occasioned a correspond-
ing diminution must take place in the amount of
notes issued, in accordance with the sapient provi-
sions of our monetary code. There may be a super-
abundance of concealed money while that in circula-
tion is utterly inadequate to the wants and exigencies
of the country,
It is impossible to provide any remedy for this
state of things, so long as the people are entitled to
demand payment in an article possessing intrinsic
value, not in any degree depending on the safety of
he nation, or the maintenance of public tranquillity.
Whenever there is any prospect of foreign war, or
domestic insurrection, these runs will inevitably
take place, and the embarrassments of the country be
materially aggravated thereby. The establishment
of a national currency (such as we have repeatedly
advocated), made of an inexpensive material, but re-
ceivable in payment of taxes, and guaranteed upon all
the resources of the country, would remove the
temptation to such conduct. Each person then would
have a direct interest in the maintenance of peace
and order. There would be no reason why he should
withdraw any funds that might be at his disposal
from the public depositories ; they would remain as
safely there as in his own private coffers. The dis-
turbance or revolution that might lead to a cessation
of payment would, in like manner, deprive his
hoarded wealth of a considerable portion of its value;
the savings banks would be regarded as better
investments than pikes or rifles, and we should
no longer have the turbulent and seditious calling
upon their countrymen to run fur gold, as a means of
intimidating the authorities, and extorting from their
fears the concessions which could not be obtained
from their justice. Among the many advantages
that would be derived from a currency such as we
have described, that to which we have just alluded
would not be the least valuable and important.

Madrid journals of the 12th have been received.

There was a rumour that Mr. BCLWER had de-
manded some explanations of the Spanish Govern-
ment, but on what subject was not mentioned.
MADRID BOLSA, APRIL 12.—Three per Cents.
21 to 3.16 ; Five per Cents., 13i. Exchange on
London, 43.

THE FRENCH REPUBLIC.

PROCEEDINGS AT PARIS.

stt
rthaaenln:wl,
We are happy to be able to report that, notwith-
otef
remained
edttlmhaoyear
ins of
ngeaadnvi
gave
undisturbed
manifestation
dea
itrsieteovusniri l
mob-
fededi
Sunday.
pouiofnnsdet
and the
Paris
a.
rduring public
eiuhniogl)ll,ieetthyse e
events of
Sunday up to five o'clock. It appears that within
one hour after the reppel was beat 200,000 men of
the National Guard and of the Garde Mobile were
under arms. At the same time the students, the
members of the Club of the Decorated of July, of
the Club of Political Martyrs, and of various other
clubs, arrived at the Hotel de Ville, to place them•
selves at the disposal of the Provisional
Government. The evil-disposed soon discovered
that it would be hopeless to attack the Provisional
Government, guarded as it was by 60,000 National
Guards, who were assembled on the Place de l'llotel
de Ville, by 20,000 of the Garde Mobile, by the
whole of the artillery of the Garde Republicaine,
and by the great body of the city, who had military
possession of the Hotel de Ville and the neighbouring
houses. There were at least 100,000 armed men
ready to turn out in defence of the Provisional Go-
vernment had there been the least attempt at dis
order. Seeing these preparations, the persons who
had attended the meetings in the Hippodrome and in
the Champs de Mars, very wisely abstained from
violence, and contented themselves with sending a
delegation to the Provisional Government, to offer
them a subscription which had been made towards
the national funds. They were received by
M. ARMAND MARRAST, the Mayor of Paris, and,
after a short interview, retired. The crowd then dis-
persed, and the National Guard filed off amidst shouts
of " Vive la Republique !" " Vive la Gouvernement
Provisoire !" We trust that M. LEDRU ROLLIN will
profit by the lesson that has been taught him, and
we congratulate the sincere and_honest Republicans
of Franee, the friends of liberty and of order, on their
peaceful triumph of Sunday—a triumph more com-
plete than any victory the result of a collision could
have been, and a triumph which will endure, because
it has not the curse of blood upon it. Would that
the almost inspired words of O'CONNELL could be-
come an axiom in politics ! Any change, how desir-
able soever it may be, is purchased too dearly if
purchased by the shedding of one single drop of
blood. The peaceful victory of Sunday has laid the
foundations of the Republic, deep, and broad, and
strong. May the National Assembly erect on those
foundations a worthy superstructure.

It appears that there was actually an attempt
made on Sunday to depose the moderate members of
the Provisional Government, which was rendered
abortive by the firmness of M. DE LAMARTINE.
Before the procession began to move from the Champ
de Mars towards the Hotel de Ville, M. CARET
went to the Hotel de Ville and demanded
an interview with the l'rovisional Government.
M. LAMAETINE, though not the only member of the
Provisional Government there, was the only one who
received him. M. CARET immediately declared that
the Provisional Government had betrayed the cause
of the people, that it was necessary and that it should
be reconstituted. He then handed in a list of those
who should form the new Provisional Government, and
declared that, if it were not accepted, the people
then assembled in the Champ de Mars would
march on the Hotel de Villa, and effect by force,
that which they hoped would be granted by peace.
able means. The list given in by M. Cmszt con-

tains the following names :—Messrs. LEDRU ROLLIN,
CABET, BLANQUI, ALBERT, LOUIS BLANC, FLOCON,
ARAGO, RASPAIL, and PIERRE LE REUX. M. CADET
was proceeding to make some further remarks, when
M. DE LAMARTINE stopped him, declaring that he was
a traitor to the Republic, and that he would not listen
to him. M. DE LAMARTINE immediately left the
room, and, after consulting with M. MARRAST, M.
PAGNERRE, and some other members of the Govern-
ment, issued an order for the arrest of M. CADET,
but that citizen had previously left the Hotel de
Ville. It is stated, however, that he was taken at a
late hour in the evening, and that he is now in
custody. _

During the time that this was going on, 111.
LEDRU ROLLIN, M. LOUIS BLANC, and M. ALBERT
were assembled at the hotel of the Minister of the
Finances, where they were soon joined by M. DE
LAMARTINE, M. MARRAST, M. CREMIEUY, and M
ManiE, and a council was held. It is said that Al:
LEDRU ROLLIN denied that he was any party to the
projects of M. CABET, or that he had in any way
consented either to the formation of the list of the
new Provisional Government, or been a party to
the meeting i❑ the Champ de Mars ; and in
proof of that assertion, he stated that, on dis-
covering the threatening aspect of the meeting.,
he had immediately given orders for the turning out
of the National Guards, and that the rappel
general was at that moment beating in all parts of
Paris. It is not said whether M. LOUIS BLANC and
M. ALBERT offered any explanation or not, nor is it
known what will be the ultimate determination of the
Provisional Government with respect to an affair in
which it would certainly appear that a minority of
their own members attempted to upset their col-
leagues, and to form a new Government, at the head
of which they themselves were to be placed. M. DE
LANIARTINE, M. MARRAST, M. MARIE, and M. CRE-
MIEUX, remained at the Hotel de Ville all night, to be
ready in case of any outbreak. For the first time
since the establishment of the Republic, the Provi-
sional Government ventured to bring out artillery.
Cannon were stationed in the Hotel de Ville, the
Mint, and several other buildings. The whole of the
National Guards had their ball-cartridges served out
to them, with the exception of the first and secor.d
legions.

The Communist clubs were to have meetings yes-
terday at three o'clock to concoct their further pro-
ceeding. It is said that M. BLANQUI is hiding.
A petition has been circulated among the National
Guards, which has been numerously signed, praying
the Provisional Government to bring the regular
troops back to Paris, as the best guarantee of order.
It is said that M. Lours BLANC and M. ALBERT,
who, as presidents of the committee of national re
compenses, have the power to issue orders for money
on the Treasury without stating the object, have al-
ready granted bons to the amount of three millions of
francs, and that M. GARNIER PAGES has been obliged
to give orders that no future bons are to be paid un-
less countersigned by himself.
The Patrie, which is the organ of the moderate
portion of the Provisional Government, says, in
speaking of the Communist demonstration of Sun-
day—

" Everything has passed off well, and we hope that no
disturbances will have to be recorded. It is unfortunate,
however, that M. Louis Blanc and M. Albert should
have thought it right to take on themselves to organize
such a demonstration without having informed their
colleagues. however pacific these great movements of
men may be, they alarm the population and retard the
re-establishment of confidence."
The Patric adds :

" Several clubs, among which we will cite the club des
Quinze-Vingts du Faubourg Saint-Antoine, went yes-
terday to the Provisional Government to offer their co-
operation."
The Gazette de France mentions a report that M.
LAMARTINE promised the different corporations of
workmen that each should send a delegate to the
National Assembly, and that this promise was re-
ceived with great joy.

The Boulogne and Amiens Railway was formally
opened the whole way to Boulogne an Monday.
The following document has appeared in Paris,
signed " Louis BLANC ; ALBERT" :

ELECTORAL REGULATIONS ADOPTED BY THE GENERAL
MEETING OF THE DELEGATES OF WORKMEN.

" The department of the Seine will have to elect
thirty-four representatives for the National Assembly.
Out of thirty•four it is proper that twenty shall be
chosen amongst the workmeu. In order to obtain the
result it is indispensable that the whole people vote like
one man. The following is the course that ought to be
followed in order to arrive at this unanimity of voting:—
" Art. I. The assembly of the delegates of workmen
shall cause itself to be represented by a commission of
eleven members.
" Art. 2. The commission shall be permanently esta-
blished to verify the powers of the candidates presented,
and to interrogate them.
" Art. 3. Each branch of trade (profession) has a right
to present a candidate.
" Art. 4. Every day the Commission will draw up an
account of its proceedings, which account shall be based
on short-hand notes, and shall contain the answers of the
candidates, so that the political profession of faith of
each shall he known.
" Art. 5. The accounts, thus drawn up, shall be
printed and distributed to the delegates of the work-
men. When all the candidates of the corporations shall
have been examined by the Commission, three or four
days shall be employed by the delegates in procuring,
amongst the people, information of every kind relative
to the candidates who were examined.
" Art. 6. A general meeting of the delegates will be
held afterwards,
chosenand eachfrom
am delegateong will
st th the candidates
aacned
dn
teens urn
twenty namesex-
amined by the Committee.
" Art. 7. Without any discussion the names shall
then be taken out and examined, and the twenty which
shall have received the greatest number of suffrages
shall form a list, to be entitled 'List of candidates of
each branch of trade.'
emaeeatiidnagt. es Ifof a
each new
branchame of
"Art. S. The twenty names shall be read out to the
,chtffraerdeel: he proposedthetfromti)oseinofplace
of one of the names inscribed, and if the substituion
n
be approved of by the meeting, that substitution shall
take place, provided always that the new candidate thus
presented be a workman himself.
n
" Art. 9. The twenty names definitively decided on
shall be published and posted up everywhere. The de-
legates of the workmen pledge themselves to use all
their influence over their comrades ; to effect that on the
day of the elections, and without any dissensions, all the
votes of the people should be concentrated on the twenty
names selected, all dispersion of the votes being neces-
sarily calculated to render the principle of the sovereignty
of the people sterile.
" Art. 10.—This would be designated the twenty
candidates to be chosen from amongst the workmen. For
the choice of the other fourteen candidates who are to
complete the number of the representatives to be elected
in the department of the Seine, and who are to be named
without belonging to the working population, the Corn
mission is to be charged with the task of designating
them, but the names adopted by it shall be submitted to
the general meeting of delegates, which will reject, re-
place, or adopt them at pleasure.
" The total list of thirty-four definitive candidates of
the department of the Seine being thus published, the
people will be earnestly called on to effect their triumph
at the elections by voting as a single man, that course
being the only one that can insure to the representatives
of the people a decisive majority ; to refuse to follow it,
to disperse the votes on other names, Iv, uld be to com-
promise in the most deplorable manner the success of
the popular election."
Citizen JEROME BuoNApARTE, formerly King of
Westphalia, arrived at Marseilles on the 13th
and embarked on the next day for Corsica.
_

BOURSE—PARIS, NIONDAY, APRIL 17.
THREE o'CLocK.—ln consequence of the alacrity with
which the National Guard, on Sunday, came out to give
their support to the Provisional Government, a very ge-
neral belief was entertained that a considerable advance
would take place at the Bourse to-day. The French
Funds opened well, and for a few minutes seemed inclined
to advance, but this upward movement was soon checked,
and here prices remained for a while stationary. About
two o'clock a downward tendency became perceptible,
and continued to the close,
the last prices being the
lowest of the day; still both the Five per Cents, and the
Threes are higher than on Saturday. The former
opened at 60f., went up to 61f., and closed at 58f. 25c.,
being an advance of 75c. The Three per Cents.
were first done at 41f., advanced to 41f. 75c., and then
retrograding, closed at 39f. 50c., or only if. higher
than on Saturday. This result, in the face of the very
ably affected by anything
great increase of confidence which is now neat in Paris,
would seem to imply that the financial qion must
stand per se, and that it is but little likely to be favour-
business, and by better prospects in the money matters
of the State. Bank of France Shares opened at 1,125 f.,
and after touching 1,105 f., closed at 1,110 f., being
posted lower,
uc closing s i
an
tg but an impetus given to
Belgian Stock
an advance of 20f. on the day.
to-day
continues firm: the Fives of 1840 being 1 f. higher,
closing at 61}f.; those of 1842 are, however, i
declaring
that the dividend becoming due en the Ist of May,
on the Belgian Five and Four-and-a-Half per
theat B6ootirf.se (Anotnootrial").,aa
Cents., would be forthwith paid at the firm
Rue Pinon, on the usual commission being paid for the
advance. Bons du Tresor to-day were done at 40 per
cent. loss. Railway Shares have not varied very much,
with the exception of Marseilles, which are 10f. higher,
closing at 2001.; and Rotten which are 12f. 50c. lower,
at 305 f. The other lines closed' thus:—Northern, 3321.
50c.; Lyons,3oBl. 5
Orleans, 447 f. 50c.; Strasburg,
343 f. 75c.; Nantes, 333 f. 75c.; Bordeaux, 387 f. sf'c.
French gold is to-day loweff-beiag-At 501.; the charge
for the I,ooof. note costs only iof.; the sovereign and

bank-note are each at 25f. 75c. Exchange in London,
for one month, is 25 65; and for tkree months, 23 40.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, APRIL 17.
Boulogne and Amiens, 53/4—Dutch Rhenish, %—Namur
and Liege, 1% —Northern of France, 23/ _Paris and Lyons,
2—Sambre and Meuse, 4%.

i 6
;R:i s. 4 • • ;-.14 AIV ,•4111 :
b.6* • ~,, €3.40(4' . : • \
0.. 414 • ;.• ••"
AV? r, • , -F