The Sun.
London, England, 1834-09-02 00:00:00

FRENCH PAPERS.

(From the Moniteur of Sunday.)
" The Government has received despatches from Spain.
One of them explains in the following manner the last
movement of General Rodil The movement of Rodil is
an invasion of Bastan, effected in three columns. The first
column arrived on the 27th at Souhaire ; the second arrived
on the same day at St. Estevan ; and Rodil himself, at the
head of the third column, was to have entered on the 28th
by Lezaca ; but a complete evacuation had already taken
place. The junta and the sick were, on the 27th, at Aranaz.'
" Another despatch states that Don Carlos is at Ronce-
vaux, where he arrived on the evening of the 2Gth, with
three companies, and adds that three columns were to
have gone from Pampeluna in pursuit of him and Zumala-
carregui, who is at Zubiri.
" This evening (Saturday) further despatches have
reached. Government. it apypars by them that Rodil, after
having swept Bastan, has directed his movement; towards
the valley of Roncevaux. .The junta has dispersed itself,
and Carlos makes a stand in the valley.
(From the Journal des Debate of Sunday.)

" Don Miguel arrived at Milan on the 20th of August.
He took up his abode at the hotel called Albergo Reale.
In the evening he went to the Theatre of La Scala, where
he became an object of groat and not very civil curiosity.
The Viceroy has exchanged visits with him, but without
any formality.

(From the Temps of Sunday.)

" The Ministers of the Germanic Confederation have
taken alarm at the rejection of the war budget by the depu-
ties of Hesse Cassel. They maintain that the said deputies
have violated the federal act, in refusing supplies for the
required contingent. From thence they have proceeded to
this principle, that the Constitutional Assemblies do not
possess any other right over budgets than that of taking
care that they be not exhausted, of examining the regularity
of expenses, and the laying out of credits voted ; but that
their power is not to extend so far as to curtail or refuse the
amount of the budget presented. According tcrthis prin-
ciple, in the minor States of Germany the legislative func-
tions are to amount to merely those of audit courts. It is
M. de Metternich who has invented this constitutional
doctrine, of which no one had an idea till now,".
(From the Journal de commerce of Sunday.)
SPANISH FINANCE.
_

The loans contracted by the Cortes, from the 6th of No-
vember, 1820, to the 18th of July, 1823, are in number six.
The first was by. MM. Laffitte, Ardoin, Hubbard, and Co. ;
the second by national subscription ; the third by MM.
Ardoin, Hubbard and Co. ; the fourth by the same parties ;
the fifth by MM. Bernales and Nephew, of London ; and
the sixth by MM. Campbell, Lubbock, and Co., of London.
The first loan was contracted on the 6th of No-

vember, 1820, for a capital in Teals vellon, of 300,000,000
Which with 150,000 billets de prime, which were
added at 300 reale vellon each, amounting to 45,000,000

Make a total
The second loan was contracted on the 4th of

August, 1821, for a capital of reals vellon 341,380,000
Of which no more was realized than the value of,

reals vellon .

103,425,000

This loan Was known by the name of the National.
The third loan, called Conversion Loan, was contracted
on the 22d November, 1821. The emission of rentes was
indeterminate and at the option of the lenders during 18
months. They merely engaged to take rentes from. the
Government, and they did take them, to the amount of
280,000,000 of reals vellon.
The fourth loan was contracted on the Ist of October,
1822, for a capital o (348,000,000 of reals vellon.
The fifth loan was contracted on the 15th of .Inuary,
1823, for a capital of 800,000,000 of reels vellon ; "but it
was finally annulled, in consequence of the inability of the
contracting parties to fulfil their engagement. _ '

The sixth and last loan was contracted on the 18th of
July, 1823, for a capital of 29],600,000 reals vellon.

RECAPITULATION.

Reals Vellon.
Ist Loan, November 6, 1820 345,000,000
2d ditto, August 4, 1821
3d ditto, November 29, 1821
4th ditto, October 1, 1822
sth ditto, January 15, 1823
6th ditto, July 1823

Total of Loans negotiated ... 1,605,600,000
To which must be added the
emission• at the epoch of the
Conversion Lean . .... 809,221,000

Total
With this sum the Government extinguished, merely in
vales and credits which circulated at Madrid and other
parts of Spain at the period of the National Loan, a nominal
capital of 51,712,500 reals vellon.
In virtue of the Conversion Loan, • MM. Ardoin, Hub-
bard, and Co., delivered to the Government obligations, ce-
dules, and billets de prime of anterior loans to the nominal
value of 323,054,000 of reals vellon, which, deducted from
the total emission, leaves the enormous sum of 2,091,167,000
emitted by the Constitutional Government in the short pe-
riod of 33 months.