The Sun.
London, England, 1848-10-09 00:00:00

THE

At the conclusion of the sitting on Saturday, it
was determined by a majority of 602 to 211, that
he President should not be elected by the Assembly,
in amendment proposed by M. GEvIY to the effect
that there should be no President of the Republic
having been previously rejected by a majority of 643
against 158.
There still remain upwards of eighty articles of the
Constitution to be voted. It is supposed that they
will be voted in about a month, and that then the
election of President will take place.
The Union, in its number of Friday, having stated
that Lord NORMANBY had had a long conference
with General CAVAIGNAC, in which the intentions of
the English Cabinet were completely explained ; that
Great Britain had come to an understanding with
the Cabinet of Vienna ; and that the Italian question
was decided on in a sense not in accordance with the
engagements of General CAVAIGNAC towards the
National Assembly, the llfoniteur of_Saturday says—
" The Union has published an account of a pretended
conversation between General CAVAIGNAC and Lord
NORMANBY. All the details given by the Union are
completely false." The Moniteur adds—" The Go.
vernment cannot take on itself to contradict all
erroneous assertions ; it will be, therefore, wrong to
infer that because a statement is not contradicted it

acquires a character of authenticity."
A letter from Perigueux, of the 4th, states that
200 men of the 35th regiment of the line and a
brigade of gendarmerie had that morning marched to
St. Pierre-de Chignac, where fresh disturbances had
broken out, in consequence of the collection of the
45c. tax. The Procureur of the Republic and an
examining magistrate have also proceeded thither, to
institute inquiries.
The Committee on Algeria, on Friday, examined a
proposition relative to the creation of departmental
colonies in Algeria, which has been referred to it by
the Assembly. Every department would be called on
to found in Algeria an agricultural colony, farm, or
village, which should bear its name. The Council-
General would determine the number of persons it
should contain, and regulate its internal organization
and its chiefs, securing to it, by means of subscrip
tions from private individuals, towns, and from the
department, a sufficient capital to support it for
eighteen months. The author of this proposition,
M. BRUNET, developed his plan before the Committee,
who received it favourably, as completing the Bill on
colonization just voted by the Assembly.
The Presse, speaking of the place to be fixed for
the negotiations on the affairs of Italy, says :
" The difficulty of reconciling the views of the belli-
gerent powers has suggested to the French Government
the idea of proposing as a place of meeting for the Con-
gress, a territory which is entirely neuter, namely,
Rome. If we are well informed, was in the council of
Ministers held the day before yesterday, at the residence
of General Cavaignac, that it was unanimously decided
to propose this choice to England and the belligerent
powers. The same evening couriers were sent off for
London, Turin, and Vienna, to get the adhesion of the
respective courts, whose answers we shall know by-and-
bye. In the meantime we know from good sources that
England and France wish to restrict the diplomric ne.
gotiations to the proportion of Ministerial conferences,
which differ essentially from the meeting of a congress.
Thus the separation of Belgium, the question of the
East, and others, were regulated by means of colder.
ences specially established at London between the
British Cabinet and the powers most deeply interested
in the question. In such a case it is the habit in diplo
many that the final result should be simply brought to
the knowledge of the other courts of Europe, not to ob-
tain their sanction, but merely to give them the infor-
mation."

BOURSE—PARIS, SATURDAY, OCT. 7.
THREE O'CLOCK.-The business done at the Bourse
to-day was very limited, but the Funds maintained
their prices pretty well. The Railway Shares, how-
ever, continued to droop, which is hardly to be won-
dered at, considering that money can be invested in the
Funds at prices yielding a higher rate of interest
than anything that could be hoped, even in ordinary
lines, from these speculations. For the Account, the
French Three per Cents. have risen 10c.; Five per
Cents. are the same as yesterday; Loan has risen sc.
For Money, the Three per Cents. have risen 5c., Five
per Cents. 10c., and the Loan 25c.; Bons du Tieior are
at 23 to 224 discount. Bank of France Shares have
risen sf. Belgian Bank Shares not quoted; Five per
Cents. have risen If. Spanish Active is quoted at 134;
Three per Cents. remain at 234; Passive is at 24. Ro-
man remains without any change. Rothschild's Receipts
have risen per cent. Exchange on London (30 days),
25f. 40c. ; ditto (90 days), 25E 20c. Railway Shares
continued very weak. Orleans have fallen 7f. 50c.,
Rouens 2f. 50c., Havres 2f. 50c., Vierzons 2F. 50c.,
Strasbourgs, 2f. 50c., Nantes It. 25c., Northerns, Mar-
seilles, and Lyons maintain the prices of yesterday.
BUSINESS DONE IN FOREIGN RAILWAYS AT THI,
LONDON STOCK-EXCHANGE, Ocr. 7.
Boulogne and Amiens, s,A—Central of France (Orleans
and Vierzon), s%—Paris and Lyons, 41/B—Sambre and
Neuss, 2%.