The Sun.
London, England, 1851-03-05 00:00:00

SUN, LO*Dol4l' WEDNESDAY EVENING, MARC

retrenchment. Out of this aggregate amount
he suggests that 192,0001. might be dedicated
to the embodiment and clothing in the course
of two years of 77,000 militia men. He would ap •
propriate the 7,9001. saved by the cavalry consolida•
tion to the furnishing of seventy-six extra horses for
the line, and two hundred and sixty. one additional
ones for the household brigade. " The equipment,"
he observes, "of one hundred and twenty guns in
lieu of eighty will require 9,000/. more of that surplus,
and I propose that 15,0001. should be assigned for
augmenting the corps of enrolled veterans ; con-
sequently there would be an ultimate balance of
32,000/., upon the completion of this scheme." A
quarter of the balance specified he would see
added to the 4,0001. already allowed for lodging mar-
ried men out of barracks, while the residue, " after
procuring medical attendance fur the pensioners and
their families, would," according to his estimate, " ade-
quately provide the extra allowances for rifle corps,
and the extra sergeants required for depeiti."
Without coinciding entirely in the views expressed
throughout the pamphlet, we must observe that we
have recognized in them sufficient merit to justify
our commendation of them to the attention of all
those who are in any way interested in the cause of
military improvement.

number of votes of Bavaria both in the re-
stricted Council and the Plenum ; also to have the
participation of Bavaria ixA the ex-Ettzti7e military
Government. Prusnia eau scarcely accept this latter
condition,"

TBE SHARE MARKETS.

ERZ TISZ RAILWAYS.

We find in the Borsenhalle a letter from Vienna,
of the 27th ult., which says t--" niriiie his return
here, Prince Pr, SZEIWARTZENBERG has had several
conferences with the ambassadors of the foreign powers,
to whom he has given explanations relative to the de.
sign of Austria to enter with all her states into the Ger-
manic Confederation. The report is current that the
Ambassadors of France, Spain, and Portugal have
strongly insisted on the necessity of efl".ecting a ge•
neral revision of the treaties of 1815 ; they desire
this to be done by a European congress, to which
the claims of Austria should also be submitted.
Prince DE SCHWARTZENDERG replied, that he had no
objection to make the convocation of a congress, and
that it even appeared to him a desirable step ; but that
such a body could not be, of any value in giving an
opinion relative to the prj'ct of Austria, inasmuch
as that concerned the German Confederation only."

P.ailways.

Paid.

Nominal Prices.

Aberdeen.. .. • • • •
Am bergate, Nottingham.
Boston, & E. Juncion
Belfast and County Down
Wolverhamp.,
and Stour Valley • •
Birkenh., Lan., & Chesh
June., late 53/. 6s. Bd..

Do. Chest & Birkenhd.,
801. iZ,./Dl. Colo°Mated

Do., do., 2u/. ••
Bristol and Exeter • • ••1
Caledonian •• • • •• ,
Chester and Holyhead ..
Direct Lond. and Portsm.
Dublin and Belfast Junct.
Dublin and Kingstow•n..
Dundalk and Enniskillen
East Anglian (251. L. &
E. and L. & D.) • • •.
Do (181. E. & H.) ••
Eastern Counties ..
Eastern Union, class A,
late E. U. shares • •
Do. do. do. ..

Do. do., B & C sharers
East Lanca3bire

Do. New quarters ••
Edinburgh an4l Glasgow'
Edin., Perth, and Dundee
Do. Newport .. • •
Exeter and Exmouth ..1
Giaagaw• and South- West,
Do. do. G. D. &C.stock
Great Northern •• • •
Do. halves, A, deferred
Do. halves, B, 6 per et.
Great Southern and
Western, Ireland • •
Great Western .. • •

* " The Army Reform Wanted—Maximum of De.
fence with Minimum of Expense." Bvo., pp. 28. Lon.
don: J. and D. A. Darling. 1851.

THE FRENCH REPUBLIC.

Do. New, 171.

Lancaster and Carlisle .
Do. thirds • • • • •

We have received the Paris journals of yesterday.
The Assembly on Monday rejected the proposition
of M. Ducoux for the establishment of an exchange
for workmen, to which employers in want of labour
and workmen in want of employment might equally
resort.
At the conclusion of the discussion the Assembly
adjourned to Saturday.
The discussion on M. CRETON'S motion for the re-
peal of the law of exile against the Bourbons has had
the effect of rendering the differences between the
Legitinaatists and the Orleanists for the present
irreconcileable. There is no probability of any fusion
taking place at present.
M. EMILE DE GIRARDIN has laid on the table of
the Assembly the following proposition:—
" Henceforward are abolished all exceptional laws by
which a penalty, afflictive et infamante, or any other
penalty which it belongs alone to the judicial power to
pronounce, shall have been directly applied by the legis-
lative power, in violation of Art. 19 of the Constitution,
which declares the separation of powers the first condi-
tion of a free Government."
The intention of this proposition is thus explained
by the Presee
The object of this proposition is to rectify distorted
principles, and to put an end to the deplorable confusion
which so many events, revolutions, usurpations, and
dictatorships have introduced into ideas, habits, and
laws. Its object is to subject parties, in turn con-
querors and conquered, to the same rule of jus-
tice. Its object is to destroy that instrument of
political vengeance which the revolutions of the
past have forged for the future. Its object is, in a
word, the abolition of the Convention. The Constitu-
tion of 1848 has recognized most positively the prin-
ciple of absolute justice, by gradually raising the power
of law above political power. There are the common
jury for isolated offences by private individuals, and the
extraordinary jury for crimes and plots affecting the
public safety. The law is paramount over all positions,
powers, and responsibilities, and cannot be over-ruled,
braved, or eluded by any. Why then should we have,
we, exceptional justice? Why proscriptions? Why should
not the Count of Chambord or the Prince of Joinville
be subject to a power that is superior to all danger, to
the power of common right? There is no necessity for
proscribing them; the laws of the country are quite
strong enough to suppress revolt, and punish their am-
, 'oition. No convention! such is the cry of liberty and
equity. We repeat it as a protestation against the
past and a hope for the future. M. de Girardin has
given a more extended bearing to M. Criton'a proposi-
tion. It now aims at more than the rehabilitation of
two princely families; it aims at rehabilitating a right
and a principle; at preventing now usurpations by re-
probating old ones. In a word, its aim is to abolish
the convention, and to raise between reaction and revo-
lution the only barrier which can resist them, and pre-
vent the terrible shock of their vengeance, and that bar-
rier is justice."
The election of presidents and secretaries for the
. bureaux of the Assembly for the month of March
took place on Monday. In the 13th bureau M.
LEPELLETIEX D'AULNAY was elected president, in
opposition to General CHANGARNIER.
The bureaux were on Monday occupied with the
Bill for granting to the Government a credit of
6,800,000 f. for the continuance of the works for the
defence of the port and roadstead of Cherbourg. Nu-
merous objections to the measure were raised, par-
ticularly on account of the form in which the Bill
has been submitted to the Assembly. Sereral mem-
bers expressed a wish that the Government had car-
ried this credit to the budget of 1852, when it would
have been examined with other sums demanded for
different works. Some were in favour of post-
poning the Bill until the finances of the country
should be in a more prosperous state. MM. MATS-
HAT and COLLAS, members of the Naval Commission,
warmly defended the Bill, and, in support of the ne-
cessity of the works proposed, alluded to the works
which the English were now carrying on, and which
were at a distance of little more than five leagues
from the coast of France. Admiral CECILLE pointed
out the immense advantage which it would be to the
navy to place Cherbourg beyond the danger of an
attack frcan an enemy. He was of opinion, however,
that the land defences might safely be delayed until a
more favourable moment, as, by means of railways,
troops could be readily sent for the defence of the
town, in case of need.

Lancaster and Preston ..
Lancashire and Yorkshire
Do. quarter shares ..
Do. fifths .. • • .
Do. West Riding Union
Leeds and Thirak • •
Liverpooi, Crosby, and
•
Southport . .
__. • • ..

London and Blackwall .

Do., Tilbury Eat. Scrip
London, Brighton, and
South Coast .. .•
London and N.-Western
Do. do. new quarters .
Do. fifths
Do. 10/. sh., M.& IS (c)
London and S.-11 o.stern

Do. new 501.
Do. new 401. .. ••
Londonderry & Coleraine

Do. hail shares
Londonderry and Ennis-
killen. •• ••j
Manchester, Buxton, and
Matlock • • ..
Manchester, Sheffield, St,
Lincolnshire .••
Do. Manchester and
Lincoln Union ••
Midland •. • . •• • •
Do. consolidated pref.

De. 50/. shares . • • •
Do. Miming & Derby
Midland Gt. West. (Ire.)
Newcastle and Carlisle..
Do. quarter shares ..
N ewmarket • . ..
ewport, Abergavenny,
and Hereford ..
Newry and Enniskillen ..
ewry, W arrenpoint, &

Roitrevor ••- .. ..

Norfolk • • • • .. • •
Do. New 201. shares • •
Northern Counties Union
North British..
North Staffordshire • .
North-Western
North & Sth.-West. June.
Oxford, Worcester and
Wolverhampton.. ..
Scottish Central ..

ticotash Midland ..
Do. new ..
Sarewsbury & Binning.

Clas3 A.. • • ..
Do. Class
Shrews. & Hereford., Old
Do., do., New ..
Shrewsbury and Chester
(Nor. W. Alin.)
Do. ital.:es

Do. Oswestry

Do. New.. :. .. • •
Shropshire Union .. .•
Do., A, B, C, & D, fully
paid up at per cent ..
South Devon
South-Eastern .. •• ,
south Wales.. .. • •
South Yerksh. ancljtiver

Shell., Roth., and Geole,
South Division
Stockton and Hartlepool
6wansea & Loughor,
Caw Vale Extension ..
Thames Haven Deck anti
Railway .. • •
Vale of Neath .. •
Waterford and Kilkenny
Waterford and Limerick,
Waterford, Wex., Wick.

and Dublin
West Cornwall ..
West London
Wlnteliayen and Furness
York, Newcastle, & Ber-1
wick ..
Ditto and Newcastle
Extension ..

Ditto G.N.E. purchase
or preference • • • .
York and North Midland

An unsuccessful attempt at escape has been made
by the Socialist prisoners confined in Belle Isle.
The procession of the Bceuf Gras, yesterday, passed
off quietly.
By an arrival at Bordeaux, accounts have been
received from Guadeloupe and Martinique to the Ist
ult. The most perfect tranquillity reigned in these
islands, and the minds of the people had been re-
stored to a state of satisfactory calm. A fire had
taken place at Basse Terre, which was supposed to
have been the work of an incendiary, the police hav-
ing discovered a box of chemical matches among a
pile of straw.

The Bourae was nearly thserted, the majority of the ha-
bitual specculators being, it was said, confined by the
prevailing kfluenza. The Five per Cents. opened
at 96f. 60c., and closed at 96f. 75c.; the Three per
Cnts. closed at 58f. sc. ; Orleans Railroad Shares,
877 f. 50c.; Rouen, 647 f. 50c.; Havre, 272 F. 50c.; Great
Northern, 4751.; Avignon, 190 f. ; Vierzon, 413 f. 75c.;
Basle, 158 f. 75c.; Paris and Strasburg, 366 f. 25c.; Tours
and Nantes, 2551.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, MAucH 4.
Boulogne and Amiens, 9%—East Indian, 151 A—Luxe-
mbourg, 21/2—Namur and Liege, 81A—Northern of France, 15
—Paris and Rouen, 23%—Paris and Strasbourg, 10%--.
Tours and Nantes, 5%.

SPAIN.
Madrid journals of the 27th ult. have arrived.
The committee of the Chamber of Deputies on the
Bill for the regulation of the Debt had again assem-
bled, and M. LLORENTE, one of its members, moved
that the discussion should not take place until after
all the documents required should have been pro-
duced by the Government; but the majority of the
members did not concur in this proposition. The
report of the committee on the Bill for the regulation
of the Treasury Debt was presented to the Chamber
on the 27th ult.; it expressed approbation of the
principal basis of the regulation proposed by the Bill,
but recommended some modifications. The other pro-
ceedings of the Chamber up to the hour of post were
of no general interest. In answer to a question put
to him, the President of the Council said that the ec-
clesiastical authorities had requested that the ball of
mid-Lent and a burlesque ceremony which usually
takes place on that occasion should be suppressed, but
that the Government had refused. The Espana says
that it is intended to suppress the ambassadorships at
different Courts, and have only ministers-plenipoten-
tiary. M. A. A. GALIANO has been appointed
Minister at Lisbon, and the Marquis DR BRNALUA at
Berlin. A letter says that the Government, though
displeased with the Duke DE SOTOXIATOR, Ambassa-
dor in Paris; for having given a grand reception to
General NARVAEZ, has not decided on recalliog him,
as was rumoured.
MADRID BOLSA, FEE. 27.—The Three per Cents.
were done at 34ir for time; the Four per Cents. at 14;
the Five per Cents. at 15; Debt without Interest at si;
and the Coupons at Bi.

GERMANY.
A plenary sitting of the Conference was held at
Dresden on the 28th ult., which lasted four hours.
The Frankfurter Journal contains a letter from
Dresden, of Feb. 25, which says :—" The Second
Chamber of the States accorded to-day to the Mi-
nister of the Interior a.most marked vote of its confi-
dence,
t nc
mae
having resolved almost unanimously to com-
m at once the discussion on the .Electoral Law.
I be remembered that not long since the majo-
ey
rity of the First Chamber had formally refused to ac-
cede to such a coure,"_

The Borsenhatle of HamhuFgh has the following
from Berlin, of the let :—" It is believed that the ne-
gotiations, which are to take place between Austria
and Prussia, for the regulation of the German ques-
tion, will not arrive at any satisfactory result,
inasmuch as if Austria were disposed to
accept the propositions of Prussia on the
question of parity, she would exact as an equiva-
lent, not only the admission into the Confedera-
tion of all her States, but an increase of the I