The Sun.
London, England, 1848-11-07 00:00:00

LONDON, TUESDAY EVENING, NOVEMBER 7, IR4B.

advantage to the community in general should be
obtained thereby ? Now, we confess that we cannot
discern any such advantage either to the shareholders
or to the public. It will, of course, prevent the ruin-
ous contests, the enormous legal and Parliamentary
expenses that we have formerly witnessed. But might
not the same good end be obtained by other means ?
Why should not a cordial understanding and friendly
communication be maintained between the directing
powers, although they are not amalgamated into one
and the same body ? Might not neighbouring na-
tions remain at peace, and keep up amicable re-
lations, although they should not be placed under
one Government ? All parties have surely suffered
sufficiently from the warfare that was for some time
waged to render it very improbable, indeed, that
there should be a voluntary resumption of hostilities.
The Battle of the Gauges is now a matter of history,
but there is little prospect of the present generation
witnessing a similar conflict. Everything forbids—
the state of the money market opposes an insuperable
obstacle, and we witness an anxiety on the part of
the companies to withdraw from undertakings that
have already been authorised, rather than to demand
power for the construction of fresh lines.
If; then, the proposed amalgamation is not essential
for the purpose of saving heavy legal expenses, and
we conceive that the day for such useless and unne-
cessary outlay has altogether gone by, for what other
purpose can it be desired ? From whom can any
additional advantage be obtained ? Clearly from the
public, and the public only. We would rejoice to
see the shareholders obtaining the fair and remune-
rating dividend on their capital stock, which their
enterprise so richly deserves; but we should wish to
see those dividends realised by the large traffic
obtained from affording additional facilities to
the nation, and not by increasing or with-
holding the accommodation now offered. Some
security is now obtained by the fair and
honourable competition between the different par_
ties ; but when that is withdrawn, there will then
be no protection whatever. The Legislature has
declared that fares cannot be increased upon a certain
amount, regulated by the several Acts ; but there is
nothing to compel them to run a sufficient number of
trains, and arrangements may be made by which
travellers would be forced into express trains, who
could not afford the time to travel by the " Parliamen-
tary."

Under all the circumstances, we confess that we
regard the contemplated arrangement with
.strong
misgivings, and that we should greatly prefer seeing
each of the companies labouring steadily and dili-
gently in its respective district.

THE FRENCH REPUBLIC.

We have received the Paris papers of yesterday.
The fete to celebrate the promulgation of the Con-
stitution is to take place on Sunday next in Paris, and
on the foilowing Sunday in the departments. A
platform will be raised on the Place de la Concorde
from which the Constitution will be read aloud to the
people, after which the Te Deum will be sung, accom-
panied by salvoes of artillery. At the same time a
liberal distribution of food and money will take place
to the poor of Paris at their own houses.

The secret of the hatred borne by EMILE DE
GI-
RARDIN to General CAVAISNAC has been at length
discovered. &lan DE GIRARDIN, it appears, prof-
fered his literary services to General CAVAIGNAC, who,
like a sensible man, rejected the offer. The following
report from Captain PLEB of the examination of
EMILE DE GIRIRDI/11 on the 27th June appears in
the Siecle

" Paris, June 27, 1848.
" Citizen Minister,—Conformably to law, citizen
Emile de Girardin has been submitted to a first interro-
gatory. Be has not been able to deny tie bad tendencies
of those articles of the Presse that are enumerated. The
citizen Emile de Girardin is profoundly afflicted at the
situation and the horrors we have all witnessed. He has
manifested the desire that I should make known to the
Minister the result of any conversation with him in his
prison. The result is, that the writer puts his pen en-
tirely at the disposal of the Minister. He only asks for
the moment some necessary alleviation of his position. I
ought to add, that I found the citizen Emile de Girardin
under a strange delusion as to the consequences of Paris
being placed in a state of siege.
(Signed)

" PLEE,
"Captain of the Staff, Reporter."
The Presse admits the authenticity of this report,
but flounders sadly in attempting to explain it away.
The Presse has in its advocacy of the candidature
of Prince Lours NAPOLEON found an ally and as-
sistant in the Gazette de France. The support of M.
EMILE DE GIRARDIN is alone sufficient greatly to
damage any cause, but to be cursed with the support
of M. Emma DE GIRARDIN and the Abbe DE GENOUDE
together is absolute ruin.

M. BBTHMONT, the late Minister of Justice, will, it
is said, succeed M. SEGUIIIa as First President of the
Court of Appeal of Paris.

The Socialist banquet at Mont Parnasse took place
on Sunday, and seems to have been a failure. The
following report of the proceedings appears in the
Paris morning papers of yesterday :

" A banquet, with the high-sounding title of 'The
Federation of the People of Europe,' took place yester-
day, at the Barrier Mont Parnasse, at which about 800
guests were assembled. The price fixed was 30 sous a
head. M. Ledru Rollin, who, it was said, had promised
to preside, was non est ineentus at the appointed hour,
and his absence gave rise to loud discussion and mur-
murs, but which were at length put an end to by one of
the managers explaining that it was by a mistake that
his name was announced as president, but that his pro-
mise had not been definitively obtained. The chair was
eventually taken by M. Lachambaudie. No member
of the National Assembly was present.
" The object of the banquet was expressed as follows,
in the circular announcing it :—' The completion of the
French revolution in Europe is a federation of all na-
tions. It is for that object that this fraternal banquet
is proposed.' Very few foreigners were, however, pre-
sent, the greatest part of the guests being composed of
national socialists.

"M. Garnet gave the first toast, To the abolition of
wages,' which was afterwards succeeded by others,
' To the Democratic and Social Republic," To the Lom-
bardo-Venetian People, and sue, ess to their glorious
cause,' ' To the heroism of the Democrats of Vienna,'
and To universal fraternity,'
" M. St. Just gave a very long toast, which was fre-
quently interrupted by loud applause, and which was at
the conclusion encored. The principal points of this
toast were:—"Aux hommes forts, aux hommes cou-
rageux et vaillans pour la cause de l'humanite; I ceux
dont le nom sort de guide, d'appui, et d'example aux
res ab atardis; a tons ceux que l'histoire appelle des
horns! A Brutus. 1 Catalina, a Jesus Christ, a Julien
l'Apostat, A Attila! A tousles penseurs du moyen-age,
aux penseurs malheureux—a Jean Jacques Rousseau, a
son é eve Maximilian Robespierre.' This enunciation of
proper names was received with three rounds of ap-
plause, at the termination of which the speaker added,
To the Democratic Republicans of the present day,
Louis Blanc, Raspail, and Barbeil Here another out-
burst of applause stopped his progress, and when silence
was restored he continued with the names of Ledru
Proudhon, and Thor": concluding with 'to
every Brutus of royalty, to every Gracchus of property,
to general association, to the universal federation of all
nations.'

"Saveral other toasts or a similar character followed,
and the party broke up with the Marsellaise' and the
Chant du Depart.' Everything passed off with the
greatest order. The. ann. attracted no attention out of
doors, and not a single group of curious gazers was as-
sembled."

The Minister of the Interior, in accordance with
the article of the preamble of the Constitution, which
declares that the Republic ought to ensure the means
of existence to necessitous citizens, has appointed a
committee to consider the best means of doing so.

The following is a complete list of the represent&
_,_ _

tives who voted against the Constitution :—Benoit,
Berryer, Bounier de I'Ecluse, Bravard• Toussaint,
Arives, Bruys (Amedee), Cholat, Crespel de La-
touche, De Fontaine, Denoise, Deville, Doutre,
Favreau, Gambon • (Ferdinand), Greppo, Hugo
(Victor), Joigneaux, Lantoine-Hardouin, Lefranc
(Pyrenees Orientales), Lubbert, De Montalembert,
Pelletier, Pierre Leroux, Proudhon, De Puysegur,
Pyat (Felix), Raspail (Eugene), De Larochejaque-
lein, De Sesmaisons.

The Journal des Debats, without declaring in
favour of General CAVAIGNAC, is decidedly opposed
to the
pretensions of Prince Louis NAPOLEON to be
President of the French Republic.
The funds fell yesterday on the Paris Bourse
1 per cent.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK-EXCHANGE, Nor. 6.
boar
Bo&
lA—ulogne and Amiens, 53/ .Dutch Rhenish, X—Luxem-
Roues and Havre, 6%.

SPAIN.
Madrid journals of the 31st ult, have arrived.
The Charge d'Affaires from the Emperor of Austria
arrived in Madrid on the 30th ult.
MADRID Ber,s4, OCT. 31.—Three per Cents., 18.
Five per Cents., 101. Exchange on London, 48 65.

GERMANY

AND

THE NORTHERN STATES

AUSTRIA.
FALL OF VIENNA.

The Cologne Gazette of the sth publishes the fol
lowing dispatch, which had been received in that city
by electric telegraph :—" Vienna, Nov. I.—The
city of Vienna is entirely occupied by the Imperial
troops."

The Allgemeine Zeitung of the 4th gives this intel
ligence, with the addition that " tranquillity is re
stored."

The Prussian Moniteur of the 4th gives the follow-
ing narrative of events at Vienna during the days of
the 31st Oct. and ]st Nov. :

" On the morning of the 31st Oct. the Imperial troops
had penetrated into the interior of the town, having first
possessed themselves of the suburbs. 'White flags were
displayed on the bastions, and in consequence the troops
advanced, but were received with a discharge of
fire-arms. Thereupon the bombardment re com-
menced with grenades and shells. At this mo-
ment the palace and the library took fire. Some
say the fire was not caused by the grenades,
but that the people did it. After the bombardment the
city capitulated and the troops occupied the Castle, the
Kartner Strasse, the Place St. Etienne, and here they
were fired on by the populace from the windows of the
houses. The soldiers broke open the Burgthor and the
Karutnerthor, and they took the Castle by assault. The
flames were seen rising above the cupola of the library,
and on the Ist instant efforts were being made to extin-
guish the fire, and hopes were entertained of saving the
manuscripts and the most valuable books. Thestudents
held out the longest in that part of the town
in which the University is situated. On the Ist they
were still in possession of the barracks of the
Salzgries ; the University was entered by the Imperial
troops, and at noon these barracks- were taken by assault
and many prisoners made of the students."

The fire in the Palace and Library was extin-
guished, and it is hoped that the inestimable treasures
of that noble collection will not be lost.

The students fought like madmen ; and when the
rest of the city had given in, still defended themselves
in the vicinity of the Aula, supported by a portion of the
workmen. On the Ist November they still held out in
the Salzgries barracks. The Aula was taken by the
Imperial troops, and at noon the barracks were carried
by storm.

General BEM is reported to have escaped, and is
said to have carried off a large sum of money with
him. PULSKI and SCHUTTE had not been captured.
This latter intelligence is, however, vague.
On the 31st Oct. 500 prisoners were made. On the
same day the Hungarians recrossed the Leitha, and
withdrew.

Vienna is completely in the possession of WINDISCR-
GRATZ, who has established his head-quarters there.
Throughout the whole of these transactions, we hear
nothing of the Ban JELLACIIICH and his horde of
Croatian Pandours. The probability is, that WIN..
DISCHGRATZ, aware of the plundering propensities of
the Croats and of the laxness of their discipline, feared
to trust them in Vienna, and therefore dispatched the
worthy Condottiero JELL/CHICII and his barbarian
mercenaries to the frontiers, in order to keep them out
of mischief.

filled not only the hall, but also the streets leading
to the House of Assembly. The announcement was
received with the most lively m inifestation of
joy, both within and without the hall. May our
truly democratic constitution, by which we have ad-
vanced beyond all the German States, be to us a
protecting shield for the future. - May it be the
foundation of our true happiness."

The Breslau Zeitung contains a very energetic
protest from the deputation of the magistrates of
Prague who went to 011mutz respecting the reception
which they met with at the Imperial Court. At
First they were left standing on the staircase, and then
Prince LOBEOWITZ dismissed them from the corridor.
A letter from Prague of the 30th states that the
EMPEROR was expected to arrive there immediately,
and that some of the Imperial domestics had arrived
there already.

The Stock Market has been improving again to-day,
and there has been a firmer tone among the dealers
and speculators, although the accounts from Paris have
some little effect. Consols have realised 86i to and are
now 861 to I. Although money is so abundant, the value
of the unfunded debt continues to recede, and it is pre-
sumed that the Bank may be selling to take some of the
Government two millions loan, or that private parties
are changing their investment. The great amount
of cash unemployed, and the extremely low terms
upon which it is obtainable where anything like good
security is offered, do not justify the idea that want of
means is the cause of the sales. Exchequer-bills of
June are 345. to 38s. premium. The New Three-and-a
Quarter per Cents. have been 85i to 85k.
The Foreign Bonds are dull. Portuguese Four per
Cents. are 24 to Brazilian Small have been 74. Mexi-
can are 20} to 21. Russian Stock has been at 98. Dutch
Two-and-a-Half per Cents. have been 45f to f.
Railway Shares are all better, and the market looks
healthier, because the business doing is of a steady
character.

ONE CLOSING
PRICES OF lIRITISFI FUNDS. O'CLOCK. PRICES.
3 per Cent. Reduced Arms B5 85114 85
3 per Cent. Consols Annuities. 861A,4% 86
New VA per Cent. Arms--
Long Anns. to expire J an. 1860
India Strck — 236
India Bonds, 1,0001.
Ditto under 1,000/. .. ......
Cmsols for Account B6lB %IA 85,7 s
Exchequer Bills. 21,4 d. & 2d.
1,0001. March ......
1,0001. June ...... ..........
5001. March. —
5001. June
Small, June
Small, March .. .
PRICES OF FOREIGN FUNDS.

ONE
O'CLOCK.

Brazilian Bonds

41 p
38 p
40 p
37p
38 p
41p
CLOSIIio
PRICES.
731 i

Ditto, Small 74 74
Mexican, 5 per Cent. 1846 2l 204 20%
Portuguese 5 per Cents. —
Ditto, 4 per Cent
Russian Bonds . 9B 98
Dividends on the above payable in London.
Dutch 2% per Cent., 12 Guild.... 453/a 45%
PRICES OF PAM. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES.
Aberdeen 5O _
Amber. Nott., Boston

and Eastern Junction 41 ....• 14
Ayrshire and Galloway.. 5
Belfast & County Down 19
Birmingham and Ox-
ford Junct., calls duly
paid, or with a guaran. 20
Do, withoutguarautee 20 ...
Biz ming, Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10 ....•
Do. without guarantee 10
Birming., Wolverh'pton,
and Stour Valley 131. Us... ...
Birkenhead, Lancashire,
and Cheshire Junc..„ 10
Boston, Stamfd & Birm. 5 ...
Bristol and Exeter 9O ... ..
Ditto, Thirds ..-
buckinghamshire... 141. 4s.
Caledonian
Ditto, Half Shares
Do . New 10/. Pref 5 ... „ 4%14
Ditto, ClydesdaleJunc 50
Chester and Holyhead... 50
Ditto, Preference l5
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent. - ... ............
Direct London & Ports-
mouth
Dublin and Belfast Junc. 35 „__
...
Dundalk & Enniskillen 20 ...„, ............
. East Anglia, 25/., L & """'•••••..

E. and D. 25
........
Do., 181., E. & H 18 ...... ........
Do., 31. los.
Esstern Counties....... 20 12% 13. 1234...
Do. New Guaranteed
6 per Cent. ...• 7....... 8 81/2 ..... .......
Ditto, Extension, 5 per

Cent., No. 1 ... ;.61. 13s. 4d.... Ditto ditto, No. 2...6/. 13s. 4d... ! """"•••• par
Oi,
Do. North. & Eastern 50
...... ........
dis .......... dis
......
Do., 5 per cent.
...... 50 .
Do. Quarters
......
34 12%2 .... ..............
Do. New
...... .
...
............
Eastern Union, Class. A ...
(late E. U. Shares) 25 ...... ...... Ditto, Class A, ditto... 1 ...... ..... ""'......••••...........
....
Ditto, Class 13 (I. &
and B.) ............... 20 ......
Ditto, Class C, ditto... 20 .
Do. Scrip (6 percent.) 10
......
Ditto, ditto .
(C. & E.)

guar.

5 per cent............ 2%
East Lancashire
......... 25
Ditto, New
Ditto, New Quarters 6'4 —/Q..
Do., 6 per Cent. Pre-
ference Quarters ... 614 —
East Lincolnshire
Edinburgh and Glasgow 50 ......
Ditto, Half Shares ... 15 .. - -
Edinburgh and Northern 25
Ditto, Newport
Exeter,Yeovil, & Dorch. 2% PA ex int l% x.
brlasgow, Dumfries, and
Carlisle -
Glasgow,Kihner., & Ayr 50 ......
Do. Preference Consul. —.. .... • ...... • "'Great Northern
Do., 1/2 A Deferred
Do., 1/2 13 6 per Cent
guaranteed ...
4%. 2
Do. Extension 2l/2 .....
ireat South. and West.
(Ireland) .. .......... 421/2 .• •••
Great North of England.loo ...... -
Ditto, New, 40/ 4O
Ditto, ditto 25 -
Ditto, New, 30/ 3O -
Ditto, New, 151......... 14 .. .. 30 ...
Great Western 9O ..51 811/ 80% 80 82 81
Ditto, 1/2 Shares 5O ..... 44
Ditto, 14 Shares
Ditto, Fifths
Ditto, New 17/... .. .. 13 ...
Huddersfield and Manch. 30
Ditto, Thirds
Hull and Selby .. ...... 50 ..-.. 9414 95
Ditto, Half Shares ... 25 •••-•
Ditto, 14 Shares
Lancaster and Carlisle 5O ......
-..
Ditto, Thirds
Lancashire & Yorksh 93

8%

-ire
Ditto, ditto
Ditto, % Shares
... 3,1
Do. Quarter Shares... 171/2
.... .............
Do. Fifths... ... 9
Do. Sixteenths 614 —
Do. Thirds (Reg.) l3 ..... ...
.........
...
Do. New,Gua.6 perct
Do. Liverp. and Bury 43
Ditto lA (late Ilud-
. _

-
5%

-
5%

derstieldand Shelf.) 43 ......
Do.( Waketield,Ponte-
fraet, and Goole) ... 50
Do.( W. Riding Union) 7
Do. (Preston & Wyre) 25 ......
Do. l/ Shares(A)...
Leeds and Bradford SO
Leads, Dewsbury, &c..s. 50
Do., Half Shares 25
Do., (blue) Scrip...—. 21,4...
Leeds and Mirka
Ditto, New ...... ....... 35
Do., I'refer., 6 per Ct. 3% — .......
Liverpool, Crosby and
Southport ...,..•••••• 31'2 —
Liverp„ Manchester, and
Newcastle Junction... 21, —
London & Blackwall...l3/. 6s. 8d —
Do. Extension 22, — .........
London, Brighton, and
South Coast
Do. Guarant. 5 per cL., 9 ...... .........
Th. Frei. Coo. bperct.

873/1

28%

MO AEI' ,off :1 S.
CITY, QUAI2TII7I? TO 7-11
The Cotton Market at Liverpool yesterday was steady.
Sal 5,500 bales.—lia.ilway shares were steady also.
The accounts from Paris are still of a less favour-
able character than might be desired, and the funds
there continue to react almost immediately after a rise.
Nut only is the financial position of the Republic
a source of un7asiness, but the election of
President, until concluded, will keep the country in a
state of uncertainty, and be made the pretext for exag-
gerated and alarming rumours.
Trio Hamburgh mail has arrived, but her letters add
nothing to the previous accounts respecting Vienna.
The funds and shares at Hamburgh were rather flat.
Exchange on London, 13 8.
In some remarks by a Novia Scotian, dated Halifax,
we hare facts tending to advance materially the general
appreciation of free-trade principles. The writer observes
that, " by papers lately received, and by some of the city
papers, we are informed of the arrival at Quebec of the
steamer Free-trader, from Chicago, at the bottom of
Lake Michigan. If the statements in the papers be
correct, she has performed a distance of 2,360 miles in-
land navigation, made up the lake, river, and canal
in eleven days, or at the rate of 214 miles a
day, and has brought a cargo of over 6,000 bushels of
corn. This distance is but little less than the distance
from here to Ireland. To hundreds, probably to thou-
sands, who have not had opportunity of judging' of the
importance of this arrival the paragraph announcing
it will be read as an ordinary notice; but to
those who are acquainted with the natural difficulties
that have to be overcome to admit of the glorious con-
summation, and who can picture the results likely to
flow from it, it must be read with an intense interest.
This is virtually tapping the great producing tracts of
the West by their principal, I might say, na-
tural outlet. The whole of the country bordering on
the chains of lakes from St. Peter's to Superior, a
distance of over 3,000 miles, can now send their produce
to the Atlantic markets by the St. Lawrence without
reshipment. This is a desideratum that cannot be
arrived at for the same cost and with the same advan-
tage by any other route. The advantage over the
New Orleans route is very great. The proximity of
the Atlantic ports to Europe, and the br,adstuffs having
to pass through a temperate, instead of a torrid climate,
are great advantages, putting the risk of transit and risk
or health attending a voyage to New Orleans out
of the question. Breadstuffs, or other goods, now shipped
at Chicago could be landed in the British islands
and some ports of Europe, on an average:of from 35 to
40 days from the days of shipment, allowing it to be
re-shipped at Quebec. From the vicinity of Chicago
(which now is, or soon will be, the heart of that great
producing country) by the New Orleans canal, it could
not be done, at the least, in less than from 60 to 70 days
on an average. A cargo of breadstuffs, by this route,
being so long on shipboard, and a great part of the
time in a hot climate, the danger of heating and sour-
ing, even in flour, is very great, and grain of course
much more so."