The Sun.
London, England, 1848-11-27 00:00:00

have been adopted to render money artificially scarce.
Gold is the idol before which the nation pros-
trates itself. Nothing but gold will be tolerated.
The happiness of the people is sacrificed to the inte-
grity of the standard. The curse of MIDAS is upon
us, and unless we follow the example of the Lycian
monarch, and resign the fatal gift, starvation must
ensue. We shall perish in the midst of our golden
splendour.

If we review the history of the last thirty-two
y,pars, since 1816, the period when preparations began
to be made for the re-establishment of a metallic
currency, we shall find that periodical fluctuations
took place—that the prosperity of the nation was
repeatedly sacrificed to force gold into our coffers.
Distress came upon us, and continued until the
stringency of our monetary regulations were relaxed-
A free issue of paper on the part of the Bank inva-
riably restored commercial and manufacturing acti-
vity, and afforded employment to the people, and
this went on until the screw was again put on, and
everything was again sacrificed in order to turn the
stream of gold. The Act of 1844, however, rendered
it impossible to resort to those remedial measures
that had previously proved so efficacious. And hence
the periodical calamity that visited the nation since
the introduction of the Act of 1119 was of much
greater intensity, and of a more aggravated charac-
ter in 1847, than on any former occasion.
We shall return to this subject on an early oc-
casion.

THE FRENCH REPUBLIC.

We have received the Paris papers of Saturday
and of yesterday.
The debate in the National Assembly on Saturday,
on the subject of the conduct of General CAVAIGNAC
during the .days of June, has terminated in the
complete triumph of the Chief of the Executive
Power and the confusion of his adversaries. After
having listened to the reading of the accusations
brought against General CAVAIGNAC, by M. BAR-
THELEMY ST. HILAIRE, to the:, eloquent, manly, and
convincing vindication by General CAVAIGNAC of his
own conduct, to the querulous accusations of ingra-
titude brought against him by M. GARNIER PAGES,
and to the General's short explanation in reply, the
Assembly, on the motion of the venerable DUPONT
(de l'Eure), by a majority of 503 to 34, resolved,
" that the Assembly persisting in its decree of the
28th of June, declaring that General CAVAIGNAC
had deserved well of his country," passes to the order
of the day. General CAVAIGNAC spoke for three
hours.

The following is a summary of this most interest-
ing discussion : _

SITTING OF SATURDAY, Nov. 25.

Outside the Chamber coniiderab!e crowds were col-
lected, both of workmen and well-dressed persons. Eve ry-
thing was perfectly quiet. The number of troops ap-
pointed to guard the Chamber was increased.
Inside, all the tribunes were occupied in five minutes
after the doors were opened. It is remit' kable that, for
the first time since the opening of the National Assem-
bly, the first and second range of seats were occupied
with ladies. The Representatives, also, arrived earlier
than usual, and were collected in groups in different
parts of the House. General Cavaignac entered a few
minutes before one.

At one o'clock precisely M. Marrast, the President,
took the chair.

One of the secretaries read the proces verbal in the
usual manner.

The President—The tribune is to M. Flandin, for a
rectification of the proves verbal.
M. Flandin said that in the account given in the
Moniteur, he found some expressions attributed to Gen.
Cavaignac relative to the am ntioa that ought to be paid
to the will of the majority. lie had not heard any such
allusion made by the lion. General.
General de Lamoriciere, Minister of War, declared
that the report alluded to was perfectly correct. He had
been heard by the Assembly.—(lL ar, hear.)
General Cavaignac, President of the Council, ascended
the tribune, amidst the deepest silence, and said that
when he had demanded on Tuesday permission to ad-
dress the Assembly on the question of which he had
then spoken, he did so because impelled to that course
by the calumnious reports which had been circulated
concerning him. He had to declare that he had no in-
tention of bringing any accusation against the mem-
bers of the Executive Committee. lie would wait
with patience to hear what could be alleged against
him. And, first, he would demand from the gentlemen
whom he had named on Tuesday last if they had made
in conversation any charges against him; if they replied
in the negative, the question tell to the ground—if, on
the contrary, hey had anything to allege, he called
on them to do so, and he promised to reply. He need
scarcely say that he spoke of the various circumstances
connected with the insurrection of June,—(l-fear, hear.)
M. Barthelemy St. Hilaire-1 commence by el, Oaring
that we have not had anything to do with articles in
the public journals. The whole question relates simply
to the affairs of June. It is now five months since the
Executive Committee has ceased to exist, and since then
calumny has never discontinued its attacks on the mem-
bers who commenced it. The depositions which had
been given before the committee of enquite enable us to
reply with frankness and veracity as to the circum-
stances of the terrible days of June. We had no desirs
whatever to speak of what then occurred. We have
kept up to the present time a strict neutrality; but once
that a provocation has been thrown out to us, we are
obliged to respond to it. We considered it our duty to
take no part in the election for President of the Republic.
This we considered our duty, with the opinions which
we entertained relative to one of the candidates. We
may be misunderstood by our contempuraries.—(Loud
interruption and laughter.)
A Voice—" Who is the we?"

M. Barthelemy St. Hilaire then went on to speak of
his own position with the Executive Committee. It was,
he said, not in any official position, but in one altogether
non-official, merely as a friend filling the place of secre-
tary-general of the committee. He would, he said, read
to the Assembly a narrative of the circuinstanoes con-
nected with the insurre, tiun of June written some
months before, as was known to several members then
present. The Hon. Representative then commenced the
document, which began with the attempt of M. de Lamar-
tine to get the Bill of 1832 against the Bonaparte
family put in force against Louis Napoleon Bonaparte.
He showed how that step had been displeasing io the
Assembly, and how a check had been thus given to the
Executive Committee. The committee thought of
giving in their resignation ; but the vote of confidence
of the Assembly granting them 100,000 f. per month
for secret expenses, caused them to remain. The
document speaes of a sitting in council of
the committee
.and of the Ministers, and declares
that General Cavaignac was remarkable for the oppoe
Bitten] which he made to the idea of any resignation. The
secret proceedings of the disaffected were all the time
going on, and the danger became each day more immi-
nent. The document then refers to the state of the na-
tional workshop-, and show how the Executive COM.
mittee had, en Ma) 27, given orders to General Ca-
vaignac to bring into the city of Paris 20,000 of the
line, 15,000 of the Guard Mobile, 2,500 of the Repub-
lican Guard, and other troops, making in all 40,000
men. It was rumoured that an outbreak was to take
place on July 14, and the Executive Committee had
looked to the execution of their orders relative to the
entry of the troops to ward off the danger that was to be
apprehended. The moment of the insurrection, however,
was hastened by the insurgent, and it was then found,
first, that the number of troops in Paris was far inferior
to that ordered by the Executive Committee, and al-
together unequal to the emergency; and next, that
the orders of the Executive Committee had not been
executed. The document then entered at great
length into an account of the insurrection, speaking of
the deputation of delegates of the national workshops
which had waited on M. Marie—the groups formed at
the Pantheon—the total absence of troops to dissipate
the assemblages, although the most incendiary language
was used—the formation of barricades without the
slightest hindrance, notwithstanding that General
Cavuignac was at the head of the war department. It
then referred to a letter seat to General Cavaignac by
the Executive Committee, ordering him to furnish
troops—two battalions, to defend the Pantheon. That
letter the General had afterwards denied having re-
ceived; but it being affirmed to him by General Fouchet,
that he (the latter general) had handed it to him, he ad-
mitted that it had been received by him. It was to be
remarked that General Cavaignac at the time imposed
silence on General Fuuchet on the subject, and that
soon after the insurrection he dismissed General
Fouchet from his place, as Commander of the Ist Mili
tary Division, and sent him away to a less important
post.—(Agitation.) The insurrection went on its course,
and on the 23d of June it was found that decisive mea-
sures must be adopted. But it was then found that this
was almost impossible, from the insufficiency of troops
in Paris. The plan devised by the Executive Committee
for the defence of the left bank of the Seine was to have
every street gone through by strung parties of cavalry,
Guard Mobile, and the line ; had that plan been followed
there was no doubt the insurrection would have been put
down. But the plan felled from the s ant of troops. And
yet, from the 27th of May, the orders had been given to
the General for the purpose of properly defending Paris.
On the 23d of June, at twelve o clock in the day, Gene-
ral Cavaignac sent to the Luxembourg to M. Gar-
Mee Pagli to send him forthwith the two bat-
tsliona pluck d a short time before fur the defence of that
building. The General declared that he wanted those
troops tar the defence of the National Assembly. M.
Gamier Pa‘;es refused; but General Cavaignac insisted,
declaring that it the colonel in command rutused to obey,
' he should have him tried by ceurt-martial. M. Gamier
went oo
narrate
could not refuse further,
and the Luxembourg
was
i ef
ont e
speaking comparatively ivoeltyheurit.pacrotstoof ete:ho
insurrection,d.Thedocunathtthi then
of some of the meetings of the Executive
Committee until they resigned. In the midst of the
events which followed, General Cavaignac, it said, did
disapprobation.) "
"that I have
not exhibit all that sangfroid which might have been ex-
pected from him.—(Tremendous uproar and loud marks
sstaetrevme,e" s.
thtois observe,"
statement. awid
asthweritlltin-
nofoudrisaabplepo Gentleman,
two months back, and not prepared for the present con-
juncture. I leave the language as it was then written."
The document then entered into an account of some in-