The Sun.
London, England, 1848-08-09 00:00:00

SPAIN.

Madrid papers of the 31st ult. have arrived.
Senor FERNANDEZ CASTOR, the managing director
of the Iris Company, has been arrested, and the funds
of the company placed in a state of liquidation.
The Marquis of BEDMAR has left Madrid for Wies-
baden. It appears that it was he who betrayed GON-
ZALES BRAVO tONARVAEZ. The QUEEN, it would seem,
bad been prevailed on by the Marquis of BEDMAR to
suggest to NARVABE the propriety of issuing an
amnesty ; upon his refusal, her MAJESTY was to have
made a stand, and to have sent for GONZALES BRAVO.
On the QUEEN mentioning the amnesty to NARVAEZ,
he sent for BEDMAR, and so bullied and terrified the
unfortunate man that he immediately gave up the
names of associates, and GONZALES BRAVO was forth-
with arrested.

A Carlist band under MIRALLES has taken pos-
session of Amposta.
MADRID BOLSA, JULY 31.—The Three per Cents.
i
were done to-day at 20 cash, and were 19i to 1 buyers
after the close; Five per Cents., 11 buyers, 11 sellers;
Coupons were done at 6i cash; Passive Debt, 3 buyers,
4 sellers; and Foreign ditto, 3i sellers; Bank Share.,
50 buyers; Discount on notes, 7i to 8.

THE FRENCH REPUBLIC.

We have received the Paris papers of yesterday.
The Sardinian envoys, it appears, made an official
application to General CAVAIGNAC for an armed in-
tervention on the part of France against the Austrians
in Italy. To this demand General CAVAIGNAC replied
that he must refuse the immediate armed intervention
of France, as France and England had already offered
their joint mediation.
The Journal des Debate gives the following account
of this transaction :

" The Marquis Brignole Sole, ambassador to the King
of Sardinia at Paris, and the Marquis A. Ricci, were re-
ceived to-day by General Cavaignac, President of the
Council. We are assured that in this interview the
Sardinian envoys made a formal and official demand to
the head of the Executive power for the immediate
intervention of the French army in Italy. To this
demand General Cavaignac, it is said, replied by an-
nouncing that the Government of the Republic had
already provided for that eventuality, and that it had
opened on that subject, with England, negotiations of
which the very early result would be the offer of a
mediation made to the belligerent parties by the two
Governments united of France and Great Britain.
It is affirmed this evening that the basis of this mediation
had already been settled between the two Cabinets, and
that they were resolved, in giving satisfaction to the
rights of all, to attempt all means to spare Europe the
misfortunes of a general war."

The Patrie states that CHARLES ALBERT has pro-
posed to open negotiations for peace with the Austrian
Government.

The new Jury Law has passed the National As-
sembly. The following are its provisions:—
" All French citizens of the age of thirty years are to
be inscribed in the jury list; but the general and perma-
nent list will merely serve as the basis of another an-
nual list, out of which the juries will be taken by ballot.
The annual list will be to a certain extent selected. It
will be arranged annually in each canton. The number
of names of jurymen which it will contain will be fixed
in proportion to the population. There may be one
juryman tor every 200 inhabitants, but the lists must
not exceed 3,000 in the departnrnt of the Seine, and
1,500 in the other departments of France. The annual
lists are to be drawn up by a special commission ap-
pointed for that purpose, and formed, in the departments,
of the members of the general council representing the
department, the juge de pair and the delegates of the
municipal council. At Paris the commission will be
composed in each arrondissement of three members of
the municipal council, of the mayor, the adjoints, and the
juge de pair."

The discussion on the Bill relating to the press was
begun on Monday and adjourned to the day fol-
lowing.

Count MOLKE, Envoy Extraordinary and Minister
Plenipotentiary of Denmark; General Baron PAGEL,
Envoy Extraordinary and Minister Plenipotentiary
of the King of NETHERLANDS; and the Chevalier
PERUZZI, Resident Minister of the Grand Duke of
TUSCANY, presented their credentials to General
CAVAIGNAC on Monday.
On the same day Count LUDOLY, Envoy Extraor-
dinary and Minister Plenipotentiary of the King of
NAPLES, charged with a special mission to the French
RepubliC, and M. DE AENAU DE AOIZ, Charge
d'Affaires of Spain, were admitted to private audiences
by General CAVAIGNAC, to whom they delivered let-
ters from their SOVEREIGN, accrediting them
.to the
Government of the Republic.
It was rumoured in Paris last evening that General
OUDINOT, Commander-in-Chief of the army of the
Alps, had applied by telegraph to the Government
for instructions as to his future movements.

The Constitutio nnel has the following on the affairs
of Italy :
"It was rumoured iyesterday that Marshal 'Radetzky
had retaken Milan. However that may be, an armed
intervention of France in Italy is spoken of. A negotia-
tion is also spoken of on the part of England and France
in favour of the independence of the Italians. It would
be a great misfortune for France and Europe den armed
intervention were necessary; for it would probably lead
to a general war. The interests of Austria arc not alone
engaged in this struggle against Italian liberty. The
German union is now proclaimed; and thus Germany is
bound to the Austrian cause; a part of the German states
would at once serve that cause with ardour; and all
Germany would perhaps be drawn down the same slope.
What is certain is, that Russia would not be wanting
to the Austrian army fighting against a people claimicg
their independence. Who can doubt that France would
suffer from such a war? Peace is always necessary for
the development of liberal institutions and labour, and
prosperity can only flourish when thoughts of war are
distant. This simple view of the probable consequences
of an intervention is sufficient to form a judgment of the
sagacity of the men who have directed our affairs since
February 24. It was said that it was enough to effect a
revolution and proclaim the Republic to ensure the
peace of the world. The revolution and the Republic
had the effect of pushing Germany towards that unity
which is precisely one of the great perils of Italy.
It is true, that at present a negotiation is looked for
to save Italy and the peace of the world. If the
tthhaetn
Provisional Government had possessed a little fore-
aAuasetrgiaa,
tiat
p
have been evidently disposed to negotiate on more eqm
con-
quered at Milan, and a prey to internal comnio!.
tos iiugognhhst tiot
separatedis havetw
fobreoe n
from the tnhtehs opened,
re aba back
kf Germany, placed ip
as
face of the untouched army of Charles Albert, would
able bases than now, when Radetzky is on.the pow of