The Sun.
London, England, 1851-12-25 00:00:00

GERMAN Y .

Letters from Vienna, of the 20th, state that the
result of the Presidential election in France was
looked to with great anxiety in that capital ; and that
should it be favourable to Louis NAPOLEON it would
be the signal for the adoption of the most arbitrary.
measures in Austria and Naples. Austria
would in that case, it was said, propose mea-
sures hostile to England, and would endeavour to
induce the other absolute Powers to follow her ex-
ample, by annoying all British travellers and by
shutting their ports to all British produce. We,
however, have no great fear of such propositions ;
even in the energetic hands of NAPOLEON the attempt
to establish a continental blockade failed, and
should even Prussia and Russia join, to renew the
attempt celebrated by BYRON--." To melt three fools
in one NAPOLEON"---it will prove as abortive in 1852
as it proved in 1823. It is true that in 1823 we
had a CANNING at the head of the Foreign-office,
whilst in 1852 we are to have as the nominal chief
of the office in Dowing-street, a gentleman, whose
name is of the smallest possible importance, seeing
that his only duty will be to act as chef du Bureau
Britannique to the Russian Minister. There is, there-
fore, this difference to be taken into account in cal-
cula qng the results of the two experiments.

The Red Emperor, " Young il-Eao," as they call
him, the boy who flogs women, bids fair to rival the
sinister fame of OGUERAS or CABRERA. The mother
of the illustrious KOSSUTH died at Pesth on the 17th
December, worried to death by the persecutions to
which herself and ber daughters have been subjected
by the Imperial Kastril.

MONEY and COMMERCIAL NEWS
CITY. TWO O'CLOCK.

This being Christmas-day, is :a strict holiday here.
The following is a memorial in course of siguature by
the holders of Mexican bonds:—

" That the undersigned bond creditors of the Republic
of Mexico have, in consequence of the supreme decree,
14th December, 1850, of the federal Government of
Mexico, for the re-adjustmont of the foreign debt, sur-
rendered a large proportion of their claims upon that
state, awl consented to a reduction of interest on the
capital debt from 5 per cent. to 3 per cent. per annum.
" That they have been induced to submit to this
serious diminution of their claims in consideration of the
embarrassment of the Mexican Treasury and the curtail-
ment of its territories,

"That the Republic of Mexico with a view to satisfy
the justice of the case, and in return for the sacrifices
made, has assigned for the benefit of its foreign bond
creditors, through the chairman of their committee in
London, a portion of the indemnity fund, payable under
the treaty of Guadalupe y ilichlgo, by the United States
to the Republic of Mexico.

'"That the amount of the portion so assigneJ is
2,500,000 dollars of the instalment, payable .30th May
next.

" That it seems probable, that according to the strict
wording of the treaty, Mexico might be entitled to de-
mand the payment of this money in the city of Mexico,
but that with a view to prevent to circuitous a dealing it
has drawn up and banded over to the London com-
mi.tee, as wi l be teen from the copy which we bog to
append, the usual form of quittance and release to the
Treasury of the 'United States in favour of its foreign
creditors, thus avoiding the expenses and delays which
might otherwise accrue.
That this document operating as a full and formal
release to the Treasury of the United States, has been
duly authenticated by the respective Ministers of
Mexico and Great Britain, and is ready to be produced
when required.
" That without desiring to interfere in any way with
such fiscal arrangements as the Treasury of the United
States may have already entered into, or thick con-
venient to enter into, your memorialists would
most humbly soacit the good offices of the Ame-
rican Legislature,
i n enabling them to make such
early dispositions with regard to the transmission of this
sum as may spare them and the numerous body of help-
less and uefortusate creditors whom they represent, ss
much delay and expense as possible.
' That they are not without hope of finding amongst
several leading capitalists in Europe and the United
States, such consideration of the peculiar circumstances
of their case and commiseration for the crippled means
of a very large Proportion of those interested as would
induce them to undertake the advance and transmission
of these funds gratuitously, charging only the absolute
expenses incurred.
" That the undersigned approach the Legislature of
the United States with the more confidence from a pro-
found conviction that any request just and reasonable I
in: itself will always find undivided support amongst all
s( °Pions of that body, when respectfully urged and sup-
ported by the voice of keen suffering as obvious and
notorious as that of the memorialists, more especially
when the act is calculated, as in the present instance, to
earn the lasting gratitude of a very numerous class of
the British community, and exalt their wishes for the
continued prosperity and welfare of the United States.
" Your memorialists would therefore pray that the
Congress would, at its earliest convenience, please to
take such steps for the appropriation of the amount so
assigned as may best enable your memorialists to make
fitting arrangements for the distribution of this fund
with the greatest economy and dispatch amongst those
duly entitled.
" And your memorialists will ever pray."

Her Majesty will hold a Privy Council to-morrow
(Friday), at Windsor Castle. Summones were issued yes.
terday to the Ministers and Officers of State.
GREAT BRITAIN AND THE SANDWICH ISLANDS.—
A copy of the treaty of friendship, commerce, and navigation
between Great Britain and the Sandwich Islands, signed at
Honolulu on the 10th July last, has just been received. It is
one of entire reciprocal freedom with the exception, as re-
gards navigation, of the coasting trade of the respective
countries. British whalers are to enjoy the privileges lately
conceded also to those of the United States of entering cer-
tain ports, in addition to Honolulu and Lahaina, and are to
be allowed to trade to the amount of 200 dollars without the
payment of duties of any kind. They may also, upon paying
the ordinary import or export duties, trade to the further
extent of 1,000 dollars before becoming liable to port charges.
A provision is insetted for the surrender of naval or military
deserters which, in consequence of the proximity to California,
is not without importance; and there is also a clause for the
residence of a British packet agent, in case there should at
any time be established British mail packets touching at a
port of the islands. The ratification of the treaty is to take
place by the 10th of May next.
LIEUTENANT PIM'S EXPEDITION.—Letters have
been received from the above-named gallant officer, dated
December 11. He arrived at St. Petersburgh on the 6th,
and was dwelling at the British Embassy till such time as he
could obtain the Emperor's approbation of, and consent to,
his expedition. Intimation had been made to Mr. Pim that
he wss to have the honour of an audience with his Imperial
Majesty.
PARISIAN FASHIONS FOR DECEMBER, 1851.—At
the beginning of the present month the favourite colour was
a shot, which was met with almost everywhere in the pro-
menades on the Boulevards. Steel has been almost uni-
versal in Paris, and a great deal of it has been seen in points
by way of trimming to the jacket. The material most in
requisition has been Muzzlin', which has been much worn by
members of the Assembly and the writers for the newspapers.'
—Punch,