The Sun.
London, England, 1848-04-12 00:00:00

strictest economy in everything ; preference in giving
public functions to men of capacity and irreproachable
conduct, and to those who hays made sacrifices to the
country, or rendered services during the struggle ; re-
compense to the faithful and loyal employes of the state ;
and the dismissal and prosecution of all who have abused
and violated the duties of their functions. We hope
that, invested with the confidence of the King, and with
your union and your co-operation, we shall attain the
object of consolidating the constitution, the rigorous
and just application of which promises us national
prosperity."

THE FRENCH REPUBLIC.

PROCEEDINGS AT PARIS.

We have received the Paris papers of yesterday.

The Constitutionnel gives the following curious
atatisties of the late revolution:—

" During the days of the 23d and 24th of February,
1,512 barricades were erected in Paris. Each barricade
required paving stones, so that the
people in a few hours must have torn up 1,277,640
paving stones. There were also 4,013 trees, some of
on an average 845
them of very large size, cut down; 3,704 lamp.posts
broken down, and between 3,000 and 4,000 lamps
broken; 53 guardhouses Here burnt or torn down, and
about 603 watchboxes and small wooden bureaux de
stroyed. In this calculation no mention is made of the
iron railings which were torn down at the Bourse, and
many of the churches and other public buildings."
In the same journal we find the following on the
alleged intention of the Provisional Government to
take the railways under their own management :
"There must be certainly some urgent and powerful
reasons of public utility to justify such an exorbitant
proceeding. The motive alleged is that there are im-
mense numbers of the working classes without employ-
mtheenirt,laanbodutrh.e ITinhees of railway
would open a vast field for
companies
are suffering from the
present crisis, and cannot afford to give employment,
and the Government will take upon itself to do so.
These motives are very praiseworthy it they are well
founded, but let us examine whether such is the case or
not. lathe first place, it is impossible that lines which
are already cornpletod and working can give any increase
of employment. They now occupy all that they require,
and pay a considerable sum every day in wages, and the
Government could do no more. The greatest service which
the Government can render to these lines is to labour to
restore security and confidence, and thus increase the
traffic both of passengers and merchandise. We have
already pointed out the real situation of the Orleans
Railway; and, if we are rightly informed, the state cf
the Northern line is as follows:—The Northern line has
about 24,000 shareholders. The company is busily oc-
cupied with the branch lines to Dunkirk, Calais, and
Saint Quentin, so as to be able to open them to the
public in the shortest possible time; 60,000 f. are every
day expended in wages. The principle of association,
as established by the Orleans Company, is about to be
put in practice on the Northern line. The system is to
be organized in such a way that the employes may partake
in the profits. It is true that the Northern line has to
pay to the State, en the 15th of this month, the sum of
18,000,000 f., which it will not be able to do. But the
company bring forward in their defence the plea of force
majcure, which is provided for by the law. Moreover, it
must be remembered, that this inability of the company
to make the payment is caused precisely by the threat of
expropriation which hangs over it, and which prevents
the shareholders, who feel great uneasiness as to the future
fate of their property, ming up their calls. Under nll
circumstances, it is very evident that the expropriation
of the lino will not add one workman the more
to the numbers employed by the Northern Company
and those other companies whose lines are now at work.
We now come to the unfinished lines. The Lyons one,
in the first place, which having invested 22,000,000 f. in
Rentes, cannot realise them without immense loss, and
appears to hesitate as to continuing the works. The
Lyons Company, however, must comprehend that it has
duties to fulfil ; it would not, probably, cost them much
sacrifice to complete the line from Paris to Montereau,
and commence its working. Let them, moreover,
arrangementcome
some with the Government to execute
that part of the line between Chalons and Lyons, if' that
be necessary. The Government has no necessity to
adopt the system of expropriation in order to procure
work. The Lyons and Avignon Company have de-
manded to be released from their engagements, and have
forfeited the 11,000,000 f. caution money lodged with
the Goverment. The Cette Company has done the
same. On the Strasbourg, the Tours and Nantes,
and on the Bordeaux lines the State might execute the
embankments and the works of art . W hat, then, pre-
vents them from setting a mass of workmen on those
different points? What will they benefit by adopting
expropriation ? Absolutely nothing. By this plain
examination of facts the alleged motive for the measure
falls to the ground. .The shareholders will be dis-
possessed of their property, without any benefit to the
working classes. The decision of the Government can
have but one effect, and that we cannot believe the
Government to have any intention of producing. It
would be a first attack on property ; a first menace
directed against all great undertakings ; a first encou-
ragement given to communist ideas. We know that
respect for property is expressed by the members of the
Provisional Government, and that the honourable men
who are at the head of the departments of finance and
public, works have no penchant for the communist
system. We are, therefore, far from questioning their
intentions or their doctrines; we merely point out to
them the disastrous character which is attached to the
act in contemplation."
M. DI LAMARTINE has received a commuication
from the Chargé d'Affaires of Baden, announcing
that if the German workmen, anxious to return from
France, present themselves on the frontier, singly or
in small companies, measures will be taken for facili-
tating their journey across the territory.
The Reforrne announces that a meeting of the
Polish proprietors in the Duchy of Posen have con-
voked an Assembly at Culm, for the sth, to de-
mand the ro-establishment of Poland within the
boundaries of 1772. Upon the same day there will
he held a German„AsseMbly, with the view of bring-
ing about a reconciliation,
M. MICHEL CHEVALIER, who with some other
Professors of the College of France has been deprived
of his chair (political economy) in the College of
France, on the ground that he held another office, the
same motive being assigned for the dismissal of some
of his colleagues in the College, has addressed a letter
to the Debats, in which he states that he had at first
supposed he was dismissed on account of the opposi-
tion which he has manifested to the theories of M.
Louis BLANC on the organization of labour, and that
he can scarcely credit the statement assigned for,his
removal, viz., that he is an engineer in chief of mines,
the salary of which, he says, is only 1,500 f. lie de-
clares, however, that his regret at the change which
has taken place does not proceed from personal con-
siderations, but from the fact of the chair of political
economy being suppressed without being replaced by
any of the new professorships which have just been
created.

prevailedexaggerated
rumoursi
n Parison
ns to the
Tuesday.
The
R eTv
ohleu
tmi
oons!
newsvenders were crying in every street in Paris,
"English Revolution:-: Flight of Queen VICTORIA"
-"London in flames"-" Collision with the military.'
The disappointment of these gobes-mouches, on
learning the real state of affairs, must have been
highly amusing to the spectators:
The Minister of Finance has sent an official com-
munication to the syndic of the agens de change, to in-
form that body that there is no truth in the report of
the Government of France intending to take the Bank of
France into its own hads ; but that it is true that it
intends to suppress all the Departmental Banks, and
to substitute branches of the Bank of France in their
stead, and also to make the notes of the Bank of
France a legal tender throughout the Republic.
Serious disturbances have brcken out at Havre.
BOURSE-PARIS, TUESDAY, APRIL 11.
THREE o'CLoca.-The intelligence of the Chartist
meeting at London having passed off without disturb-
ance, WAS received at the Bourse with great surprise by
some, and by absolute disbelief by others. The more
reasonable parties, on the contrary, were loud in ex.
pressing their satisfaction. The French Funds were at
first exceedingly firm, but towards the close of the day
they gave way, closing, however, higher than the day
before. The Three per Cents. opened at 431., went up
to 45f., and after touching 41f. 50c., closed at 41f. 75c.,
hieing an advance of 25c.; the Fives, which were firmer,
opened at 601., went up to 63F., and then closed at 61f.,
being 3f. higher. Bank of France Shares were much
firmer, from the Provisional Government baying sent
notice to the syndicate of the agens de change that it does
not intend doing away with the Bank of France, al-
though only one kind of note is to be in circulation
Roman IP: , at 511 E;
throughout the kingdom. The shares closed at 1,075 f.,
being an advance cf 1151. Obligations de Is Ville are
351. better, closin at 9001.; Belgian Fives (1840) 11.,
at 571.; and
Rothschild's Neapo-
litan was done at 50f. 50c.; Bons du Tresor nominally
at 43 per cent. loss, but in reality nothing whatever is
done in them. Railway Shares are all better, though
not to any extent; Marseilles have risen 101., closing at
•
120 f.; Versailles (Left Bank), 7f. 50c. at 951.; ditto
(Right Bank), 51. at 951; Vierzon, sf. at 2151.; Or-
leans, 51. at 4251.; Bordeaux and Northern, If. 25c.
each, at 391 f. 25c.,and 3171. 50c.; Strasburg and Nantez
are unaltered at 3381. 75c. and 332 f. 50c. Lyons have
fallen 51.s Cl osin. at 300 F. The suspension of payments
of the banking.house of Thurneyssen and C')., did not
seem to excite much attention. French gold is lower, at
601.; change for the 1,0001. note from 121. to 151.; and
the sovereign worth 251. 75c.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, APRIL 11.
Boulogne and Amiens, s%—Namur and Liege, I,,2—Paris
and Lyons, 2—Sambre and Meuse, VA.

AN olp
- -ENING" FOR GEOLOGISTS.—AboIIt 1,000
gaffing cubic yards of Copt Point have fallen since Wednesday,
an,] the b..ach -Tr,:t or
of gett
has fallen.—Naidetone Gazette.
some fine specimens from the gault clay which