The Sun.
London, England, 1846-10-30 00:00:00

a menace which, whilst injuring Spain in her dearest
interests, will infallibly render the position of England
in Spain more unfavourable—England separated from
France, and not having succeeded in dragging Europe
into a hostile demonstration against us. Such are the
present results of the affair. God only knows what
may be the future consequences ; but if new complica-
tions are to be produced by it, law is on the side of Spain
and on ours. The opinion of nations, and no doubt that
of Governments, will be on the side of the law. The
disgrace, and we trust the defeat, will be on the side of
England. But, above all, may it please God that there
may arise from the new situation in which this incident
has placed our Government a new system of alliances
which may at length unite all the nations of continental
Europe in a common understanding against their com-
mon enemy,. England I We were asked some days
since what nations we would desire to see combined, in
this new cordial understanding, and why we inclined for
an alliance between our country and Russia ? We wish
to sum up in a few words our entire opinion on that
subject. We are convinced that sooner or later a contest
will tuke place between the Continent and that Power
which uses it for her own purpose under favour of its
divisions. This contest will be particularly a maritime
contest ; and now that the naval power of Spain is de-
stroyed, we see only Russia that can lend us that effica-
cious support in Europe which the United States are re-
serving fur us in America. It is our opinion, in a word,
that for the repose of Europe it is necessary that the
colossal power of England be reduced, and that this
power shall not fall except under the triple alliance
which her three national enemies will one day form--
namely, France, Russia, and the United States."
The Commerce, which, equally with the Presse,
disapproves of the entente cordiale with England, is
equally opposed to an alliance with Russia, which
the Presse has for some days past been advocating.
"Do you know," asks the Commerce," what you
would sanction by an alliance with Russia ? Ask
that nation of fifty-four millions of men, held in the
bonds of servitude and ignorance by a Sovereign
who, to the all-absolute power of political ehief,
unites the intolerance of the supreme head of reli-
gion; ask the victims of Minsk and Poland, which
has not yet, notwithstanding three partitions, and all
the efforts of usurpers to denationalise it, become assi-
milated to the people which seized on its finest pro-
vinces."
The Constitutionnel has a long article on the affairs
of Portugal. The writer, who is evidently well
acquainted with Portugal, thus describes the cha-
racter of the Count DAS ANTAS, the chief of the in-
surrection in the north :
" The Count das Antas, then Lieutenant-Colonel
Xavier, commanded at Terceira the sth battalion of
chasseurs, which was the first to rise in favour of Donna
Maria on the usurpation of Don Miguel, and which
preserved that island for the cause of the Queen in spite
of its inhabitants. He distinguished himself during the
war of Don Pedro; was made a general, and commanded
the auxiliary Portuguese force, which, in virtue of the
treaty of the quadruple alliance, contended in Spain
against Don Carlos. He returned to Portugal at the
head of his troops at the moment of the war of the
Marshals, and it was evident that the contest would
be decided according to the part which he might
take. Restrained by the bonds of past subordi-
nation to the Duke de Terceira, excited by the
perspective of ambition, which was opened to him by
serving the opposite party, he would become its arbiter,
and the first military chief. This consideration decided
him, and the Constitution triumphed. At a later period
he took part in the compromise between the Chartists
and the moderate Constitutionalists. Commanding at
the present moment in the north, he has large means at
his disposal, and has begun to make use of them in
order to prevent his dismissal. He is a resolute man ;
with ambition, without having too much, his decision
consists in taking advantage of circumstances, and,
above all, in not allowing his own position to be lowered.
Lie is the friend of the soldier—the comrade of the chiefs
—more truly the officer in authority than the marshals
—and particularly so, from the fact of their not having
been for a long period in immediate contact with their
troops. It is impossible to know what is passing in the
mind of a man tormented by continual alternations of
power and reverses, heated by conflict, and having fre-
quently only a choice between supreme power and abso-
lute distress ; but if the Count das Antas has approved
of the declaration of the Junta of Oporto, which pro-
claims the dethronement of the Queen, it can only have
been under the influence of momentary anger, or from
having been led on by associates who are evidently more
ardent than himself."
The writer then proceeds to speak of the conduct
of the Court, and concludes the article in these
words—

" How shameful is the conduct of these Polignacs, au
petit pied; of these imitators of the Gonzales Bravos,
of all these abortions of champions of absolutism, who
thus place in peril a throne and country! Let us
hope that their adversaries will have at once more
force and more sense than them. One of the best
things done by the Portuguese people was, when
after having conquered the attempt at counter-revolu-
tion of the King and Queen at Belem, their regarding
the madness of the act as expiated by its failure. Things
were replaced upon their former footing, as if the es-
capade had never taken place; but such follies are
dangerous; it is not prudent to tempt fortune ton much.
On the other hand, the Portuguese Liberals must know
by their own example and that of Spain the dangers of
excess. Monarchy, in a country where everything else
has gone to dust, is the only common link; republican
virtues are not to be created solely by the faults of a
court. The Queen, and even the King, have good qua-
lities in spite of their blindness. The overthrow of
Queen Christina did not profit Spain, and whilst Queen
Christina was a foreigner, the Libetals of Portugal have,
in the united names of Donna Maria and liberty, fought
for several years, and they have now the good fortune
of being able to respect their princes, whilst struggling
against the folly and madness of the Court. We wish
them to have the wisdom which has been wanting in
their adversaries."
It was generally considered in the political salons
of Paris that the Queen of PORTUGAL had acted
throughout by the advice of the King of the FRENCH)
and that the late counter-revolution was the result of
a French intrigue, the object of which was to give
France an opportunity of interfering by means of
her vassal Spain in the affairs of Portugal.
The inundations still continue, and cut off in a
great measure the communications between the
capital and the provinces.
At Marseilles no Paris mail had been received for
four days, in consequence of the inundation of the
Loire and the Nievre.
The inundation of the Rhone had subsided, and it

was found that the railway bridge at Tarrascon had
sustained no injury.
The illoniteur publishes the 'following telegraphic
dispatah, dated Brest, Oct. 25 :
"La Somme, Loire, Allier, Recherche' Pilote, Cara-
vanne, and Jouvencelle have just sailed from this port ;
the first three for Oceania, the two following for Senegal,
and the last two for the West Indies."

The Duke and Duchess of MONTPENSIER arrived at
Bayonne on the 26th. Before the Duke quitted
Madrid Queen ISABELLA presented him with the rich
and splendid insignia of the Order of the Golden
Fleece which was worn by her father on great occa-

sions, and also the sword which his late Majesty wore
with them, the hilt of which is entirely set with
diamonds, and the pommel of one large topaz.
The alarming aspect of affairs in Portugal, aggra-
vating the gloom and apprehension caused by the
Montpensier marriage, and adding to the unfavourable
state of our money market on Monday, produced a
considerable fall in prices' on the Paris Bourse on
Wednesday.
The Three per Cents. closed at 82f. 70c. ; the Five per
Cents., 1171. 90c. • the Orleans Railroad Shares, 1,248 E 75c ;
Rouen, 917 f. 50C. • Havre, 702 f. 50c. ; Great Northern,
683 f. 75c. ; Avignon, 886 f. 25c. ; Vierzon, 5821 50c. ;
Bordeaux, 542 f. 50c.; Boulogne, 470 f. ; Troyes and Monte-
reau, 350 f. ; Basle, 2231. 75c. ; Fampoux, 4001. ; Dieppe,
355 f. ; Paris and Strasburg, 493 f. 75c.; Tours and Nantes,
502 f. 60c.; Paris and Lyons, 5161. 25c.; Lyons and Avignon,
4951. ; Bordeaux and Cette, 480 E ; Spanish Domestic
Debt, 3314.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, OCTOBER 29.
Barbadoes, 34-Boulogne and Amiens, 141,4-Calcutta and Dia-
mond Ilarbour, p.-Dutch Rhenish, 6g-East Indian, 34-Great
Indian Peninsula, -Luxembourg, 1%-Namur and Liege, 3._
Northern of Franco Constituted, 111 -Orleans and Bordeaux. 7;6-
Over Yssel, 234-Paris and Lyons Constituted, 5%-Rouen and
Havre, 2614-Sambre and Meuse, 434.