The Sun.
London, England, 1851-01-14 00:00:00

14141PJ IMAM
,

LONDON, TUESDAY, JANUARY 14, 1851.

the title. Whatever may happen he cannot
be disturbed or inconvenienced, evicted from his
property, or put to any cost or annoyance, in defend-
ing his possession against all corners. His title will
be guaranteed by the Imperial Parliament, and in
any future dealing, with respect to it, no inquiry can
be demanded going back beyond the deed of transfer
executed by the Commissioners for the sale of En-
cumbered Estates in Ireland.

None but a legal practitioner can estimate those ex-
traordinary privileges at their actual value; but there is
probably no person possessed of property sufficient to
enable him to make an eligible purchase who will not
readily comprehend that something very desirable is
placed within his reach. We tell him, and we have
no hesitation in saying, that the estimate is by no
means exaggerated, but that it will be confirmed by
every person qualified to form a correct judgment on

the premises, that it may be considered equivalent to
fully 20 per cent. on the amount of purchase money,
or from three to five years'rental of the property. Let
parties think of these things, and compare the actual
value of estates with the prices at which they are still
disposed of (for we are happy to say that a great im-
provement is already perceptible in the market), and
they will see the prudence of seizing the golden
moment ere it flies, and availing themselves of the
opportunities that are rapidly departing.
Hitherto there has been a wild and unreasoning
panic with respect to Irish properties, similar to
that which prevailed with respect to railway
shares. Those who were possessed of capital, which
they would gladly have invested on far less favour.
able terms than could easily have been obtained, hung
back until the tide turned. We need scarcely remind
our readers how we have exposed the folly of this
course. In April last, when the tide was at the lowest
—when London and North-Western shares were
quoted at 101 to 102, and Great Western at 47 to
we pointed out the inadequency of prices, and strongly
recommended our friends and the public not to let
the opportunity slip. Those who acted on our advice
have had no reason to regret doing so—the same
shares were yesterday quoted at 124 to 1, and 78 to
79, being an improvement of 231. per share on the
former, and of .311. per share on the latter, and we
have no doubt that they will reach still higher
amounts. In Ireland the panic reached to even a
higher pitch. We have seen well circumstanced
estates selling at thirteen or fourteen years' purchase,
or little more than one-half their real value. This
will not again occur, for the tide has turned
in Ireland also; although it is as yet
flowing but sluggishly, it will rise higher
and higher every day. Let not parties desirous of
making investments in that country suppose that
they can coquette much longer with impunity. When
the Securities for Advances Bill—the measure best
calculated to promote the prosperity of Ireland of
any that have been introduced for many years past—
becomes the law of the land, and it will unquestion-
ably be so early in the approaching session, there will
be a considerable increase in the rates of purchase.
Other measures also will be brought forward
calculated to develope the wonderful natural resources
of the country ; and we have seen the appliances of
science also directed to the same purpose, and have
heard of the almost miraculous discoveries of Mr.
REECE REECE, which converts the peat, that is to be
obtained in almost boundless quantities, into a source
of wealth more rich than the sands of California.
For Ireland " the good time is rapidly coming," and
once more we earnestly recommend the matter to the
attention of our friends and the community in gene-
ral, certain that, as in the case of railways, those
who follow it will have no cause to regret that they
had done so.

The art of governing a country consists in having good
aws, and in their being well administered. The ac-
complishment of these objects is held to be the acme of
political wisdom. Without advancing on the part of
England that, either theoretically or practically, she
has as yet attained to a state of constitutional perfec-
tion, it can, nevertheless, be fearlessly asserted that
we have substantially acquired all the essential points
that form the basis of civilization. However institu-
tions may vary in different countries, and however
much leading statesmen and philosophers, Trans-
atlantic as well as European, have elaborately des-
canted upon their respective forms and excellences, it
is still beyond question.tlaat we enjoy the rights of civi-
lized life in a greater ratio than they are participated
in by the citizens of any other nation. Life, liberty,
property, justice, reputation, public health, and mo-
rals, are privileges which are happily secured to us
by the laws of the realm. It is at once the comfort,
the pride, and the boast of the Englishman to know
that to the humblest, not less than to the highest, of
every class judicial protection is afforded against any
infringement of these paramount social advantages ;
and during the present year, when we expect such a
mighty influx of strangers from all parts of the
world, great as their eagerness may be to wit-
ness the Exhibition itself, it is more than
probable that the foreigner will return to his native
soil far more impressed with the combined view of
our political and social liberty than with any other
subject to which his mind may be attracted. The
extensive realization, and the progressive develop•
went of human freedom and happiness to which we
have attained, and upon which we are yearly im-
proving, will excite the admiration, not unmixed
with envy, of the thousands who will so speedily
visit our hospitable shores. To what, then, amongst
many co-operating causes, are wo chiefly indebted for
our enviable distinction throughout the universe ?
Much of our fame is, doubtless, attributable to the
genius and characteristics of the English people.
Their inherent love of order, peace, honesty, industry,
and skill, have largely contributed to the acquisition
of their unrivalled renown ; but its primary cause is
mainly traceable to their strict love of justice and
unswerving impartiality, and to the extreme jealousy
with which they have watched and, at all times, in
proportion to the political power they possessed, have
sought to enforce the pure administration of justice
throughout its several departments. It is to this ex-
treme and most wholesome vigilance that we owe the
inappreciable advantage that the judicial functions
are fur the most part so admirably discharged in this
country. Whenever the English discover a blot, a
stain, or even a slight imperfection on the escutcheon
ofjustice they are restless until they have gained its
removal. As a race we are fond of broad humour.
We enjoy the eccentricities and obfuscated intellects
of a Justice SHALLOW on the stage, but put the same
character on the magisterial bench, and all humour
would speedily vanish from the Englishman's mind,
to be supplanted by a feeling of stern indignation.
With us the powers of the magistrate are considerable,
particularly the wide range that is left to his discre-
tion. The magistrate it is who first sets in motion
the wheels of criminal justice ; his functions are of
the gravest character. The slightest error on his part
may seriously prejudice the interests of the commu-
nity. From inconsistency of conduct, or mental in-
firmity, he may ruin beyond redemption the peace
and happiness of a whole family. Through the like
causes those who are alleged or supposed to be the
guiltiest may escape with impunity, and those again
who should never have been troubled beyond a simple
inquiry are subjected to undeserved mental
anxiety, expense, and sacrifice of valuable time.
Had Alderman lIIJAIPHERT been possessed of
keener faculties, Mrs. SLOANE would have been
speedily made amenable to the ends of justice; and
had Mr. TYRIVIIITT evinced ordinary discernment,
the superior judges would never have been troubled
b
with the vamped-up and barefaced calumnies of
ELIZABETH REED against her late master, Mr. RE:Q.
DELL. It is true that Mr. Justice TAL?OURD did
not permit the defendant to leave the court without
his unqualified opinion that his character remained
unblemished, an encomium that must have been more
satisfactory to Mr. RENDELL than if it had proceeded
solely from Mr. TYRWIIITT, who so indiscreetly suf-
fered the charge to go to trial, exhibiting as weak an
instance of magisterial judgment as was ever displayed
w m tnhdi n i
st he
too
precinctsfam iliar of a
with
it
hc court of
et f
facts
e ts justice.o
ft
h e
eTheas e
tpou public
re-
quire a recapitulation ; but thus much is manifest,
that if any magistrate should presume to repeat
the cruel farce of sending a similar case before
the higher tribunals, the first thing
that
justice would demand would be the removal of the
justice himself ; he would become an intolerab:a
incubus. We must keep the tributary streams clear
if we desire the broad river of justice to be untainted.
Mr. 13.u.LA:Friziz, who held the brief for the prose-

cutrix, actually threw it up at the close of her cross-
examination, no other facts having been elicited by Mr.
CLARKsoN than those which he was ready, and offered
to establish before Mr. TYBWHITT. The counsel,
jury, and judge all approved of Mr. BALLANTINE'S
conduct. Numerous similar charges had been pre-
ferred by the woman against other parties, and had
been dismissed. It was impossible to credit the
woman's oath, and yet Mr. TYRWHITT laid stress
upon her having sworn to the fact. There was
medical evidence that an offence had been effected ;
but, as Mr. Justice TALFOURD remarked, and as any
one of common perception might have easily seen, such
evidence " did not by any means point to the prisoner."
These magisterial freaks must be put a stop to. It
would be well for the magistrates every now and then
to dust out the chambers of their intellects.

THE FRENCH REPUBLIC.

We have received the Paris journals of yesterday.
The sTloniteur contains the following :—" From the
13th inst. the interest on Treasury Bonds shall be
fixed as follows :—From three to five months' date,
2i per cent. per annum; from six to eleven months'
date, 3} per cent. ; and for those at twelve months'
date, at 41 per cent."
The Committee appointed in consequence of M. DE
REMUSAT'S motion sat yesterday for nearly six hours.
The Committee heard explanations from the Minis-
ters of the Interior and of War. It also examined
the proces-verbaus of the Permanent Committee. It
is supposed that the report cannot be sent in before
Wednesday.
The production of the procas-verkaux of the Com-
mittee of Permanence has covered the Burgraves
with ridicule • these documents, which were sealed so
carefully by 11T. DUPIN, alluded to so mysteriously
and so pomponsly by M. CHAMBOLLE, and kept back
out of mercy to the Ministry, according to General
BEDEAII are found to contain absolutely nothing, to use
the words of the Constitutionnel.
The pet journal of the Orleanists, the organ of the
Burgrave3 the Journal des Debats thus prepares us
for the ridiculous result of the labour of M. DE
REMUSIT'S Mountain :
"So much had been said about documents that the
public imagination had finished by attributing to them a
certain importance. Now this supposed importance
was probably founded merely upon the mystery with
which they were surrounded, and the precaution that
had been used in putting the papers under seal. The
mystery over and the seals broken, there will probably
rest nothing."
Well may the National ask—
" Well, what will come out of these proceedings? What
will result from this Parliamentary Commission, which
the journals of the Elysee call a Committee of Public
Safety ? There will just come nothing at all.
But if the procas-verbaux divulge no real plots, there
are an infinite number of sham plots, propounded both
by Burgraves and Bonapartists. The great Burgrave
plot for the restoration of Orleanism is thus brought
to light by the Legitimatist Union :
" The political world has been for the last two days
much occupied with an article which has just appeared
in the Independanee of Brussels. This article, or rather
this correspondence, addressed from Paris to the Brus-
sels paper, contains very serious revelations, and such as
are of a nature to cause disquiet in the public mind. L
is not our purpose to discuss these denunciations, or even
now to seek for the origin of them; to ask who guided
the pen and who suggested to the correspondent of the
Independance this charge of a friond of the Elysee
a gaiest the National Assembly. In prLsence of the
great trial which is going on before the country our
good faith makes it a duty for U 3 to abstain and to wait.
As this document is of a nature serious enough to find
its place in the discussion which is about to open
we have considered it right to publish the tenor of it.
After tracing out a rapid history of the days which
followed the prorogation of the Assembly; after having
shown parties in competition in the Committee,
the correspondent of the Independence brings between
them the person of General Changarnier. Enveloped in
clouds, wrapped up in mystery, like a new Proteus, M.
Changarnier, according to the account of this corre-
spondent, confines himself to flattering alternately Legi-
timatists and Orleanists, giving to each contradictory
hopes. To the latter he said, 'I am a bird, look at my
wings;' to the former, lam a mouse, vivent les rats !
It is through these preparations that the author of the
letter in the Independanse leads us step by step to the
revelation, not only of an intrigue, but of a fine Or-
leanist conspiracy, in which are involved M. Thiers, M.
Dupin, and others under the protection of the sword
of General Changarnier, aspiring, as it is said, to
become mayor of the Palace of the Duchess of Orleans.
We shall now allow the correspondent himself to explain
the plan of the conspiracy which he denounces to
Europe:—' Before all things, it is necessary to make
public opinion distrustful of the President, by ca-
lumniating his intentions, misrepresenting his acts, sow-
ing divisions, producing agitations, and alarming the
masses. Two pretexts have admirably served the jour-
nals of the Permanent Committee to arrive at this result,
to which it is known they laboured with a zeal and an
ardour worthy of a better cause. These pretexts are,
on the one hand, the Sociifif du Dix Dkembre, and, on
the other hand, the reviews of Satory. The Nein:l:layer
incident has made so mach noise that it is superfluous to
return to the details of that affair. It is known that on
that occasion General Changarnier is reported to have
said in a moment of violence that the President must
be got rid of—that it was time for him to be taken
to Vincennes. Might not these words, which I only
can attribute to a momentary burst of excitement,
have been spoken before some members of the Go-
vernment? On the other hand, the Permanent Corn-
mitee took care to draw up the minutes of its sittings,
in view of the events which were preparing in the shade.
This event not taking place they hastened to hide them
from the public by placing them under seals. If the
plan of some exclusive Orleanists had been carried out
to the end the day following the arrest of the President,
these same minutes, which had been shut up with such
mystery, would have been published in the M.niteur as
a justification of the revolutionary measure decreed by
the Permanent Committee, signed by M. Dupin, and
executed by the Commandant-in-Chief of the Army
of Paris. Was it not, in fact, thus that the parts
were distributed ? Was not the Permanent Com

mittee, on the faith of the projects falsely attributed
to the President, to declare the Assembly and
the Constitntion in danger, to publish the minutes of
sittings, and decree the downtal of Louis Napoleon?
Was not M. Dupin to sign the order investing General
Chargarnier with full powers to secure the execution of
the decrees of the Assembly? Did not M. Dupin for
several days carry the order about him? Did he not

show it to several influential men? These are the new
questions which are addressed to him. Such is what is
affirmed, and what I repeat under every reserve. The
order being signed, M. Dupin, more prudent in action
than in speech, would not deliver it. It was then that,
in order to make him pass the Rubicon, the conspiracy
of the Rue des Saussaies was got up, a plot invented for
the sole purpose of obtaining from his alarm what
could not be obtained from his zeal. M. Dupin believed
in the plot, but he retained the order in his pocket. If
he has sinned it was only in intention. Let the coun-
try judge him lightly! The execution of this order had

been fixed for —the-sth November at the latest, for the
Assembly was to meet on the 11th, and it was necessary
that on arriving it should find itself in presence of faits
acsomplis, which it would only have to sanction under

the pressure of the ,army of Paris, commanded by
General Changarnier. He would immediately after
have demanded its dissolution, in such a way as a man
makes a demand with 100,000 soldiers at his back. The

end may be divined. Under the pressure of a dicta-
torial power manifestations would have been easily
got up in favour of the Regency of the Duchess of
Orleans, and, but for the hesitation of M. Dupin,
the Republicans of the Left and the Legitimatists
would have been reduced to renounce, the former
the Republic, and the latter Legitimacy, and to again
conspire, no longer against the President, but against
the Regent, having on her right M. Thiers as President
of the Council of Ministers, and on her left; M. Chan-
garnier as generalissimo of the land forces. These facts

SPAIN.

Madrid journals of the 7th have arrived.

MADRID BOLSA, JAN. 7.—Three per Cents. 333- ;
Five per Cents., 12k. Exchange on London, 50 65
paper.

PORTUGAL.

Advices have been received from Lisbon to the
9th. The Cortes were sitting : there had been no
Speech from the Throne.

Two months since we directed the public attention
to the extraordinary inducement afforded for invest-
ments at the other side of St. George's Channel. At
no former period of English or Irish history were
there so many advantages offered to purchasers, or
such extensive opportunitics for gratifying any taste
or fancy which the fortunate owner of a few loose
thousands may choose to indulge in. He may turn
to any point of the compass, east, west, north, or
south—if he prefer the bracing breezes of the
Atlantic, the milder air of some inland
loch, or the temperate climate of mid-
land counties, he will find something to suit
him exactly, in every quarter and every district,
from Cape Clear to Donaghadee, from Carntore to
Blacksod Bay, and that of dimensions suited to his
finances, whether he be a malionnaire or the owner of a
few hundreds. He can find something suited for oc-
cupation
or investment, for his future dwelling-place,
or where he may draw his rents from the occupants,
obtaining a more profitable return for his money
than in any quarter equally safe. When once
he has axed his choice, and been declared the pur-
chaser of any lot submitted to public competition, he
has no further trouble or difficulty to encounter, no
abstract of title to be laid before counsel, no compli-
cated and expensive searches to be made, and no
objections to be argued, perhaps made the founda-
tion of a suit in equity. While his money continues
idle and unproductive, all is prepared ; the moment
his mon9y is paid he will receive his deed of con-
veyance, not a verbose and prolix document,
containing
lengthy and useless recitals, calculated
to occasion expense and annoyance, if he should be-
come desirous of disposing of his acquisition or
making it available a 3 a security for a loan, but going
directly to the point, without an unnecessary
word or
sentence. But this paper, although
short, will be
effectual; when once he has received it he will have
nothing to fear from new claimants, whose
rights had been overlooked by the profes-
sional men engaged in the investigation of I

^The Minister of Finance's annual report calculated
upon a deficit of 813 contos at the end of the pre-
sent financial year, and that it will be raised to 1,198
contos by the close of 1851-2, notwithstanding the
proposed continuance of the dividends spoliation,
abatement from state salaries, &c.
M. REBELL() CABRAL had been elected President
of the Chamber of Deputies, and it was proposed to
place the late Duke of PALmELLA's bust in the
House of Peers, where his son had appeared to claim
his seat.

At Lisbon, exchange on London, at three months,
was quoted 54g, but short bills offered freely, and
found few takers, in consequence of a good deal of
specie in Brazilian dollars being remitted by the
Iberia. At Oporto exchange on London was quoted
54-14 to 55. Money very scarce.
The total shipments of wine in 1850 amounted to
39,029 pipes. Business slack, and wine shipment
on the decrease.

Weather very inclement, so that no vessel could
either could get out or come into the harbour. There
were 26 vessels lying in the Douro.

GERMANY.
Accounts from Berlin of the 11th confirm the re-
port of the resignation by Vox DER HEYDT of the
Ministry of Commerce.
He was an ultra Pro-
tectionist.

The following are some of the principal dispositions
of the law on the introduction of the income-tax into
Prussia :

" With the exception of the members of the Royal
Family and the two princely families of HohenzAlern, all
the inhabitants of the Prussian Monarchy, and all Prus-
sian subjects residing abroad, are subject to the income-
tax of what they possess, including the private re-
sources of the members of the family who form part of
the household, an annual income of more than 1,000
dollars.

fire too serious for me to dare to guarantee them en-
tirely; but, if they are inexact—which I hope they are
—their publication will furnish the men incriminated an
opportunity of contradicting them.' In reproducing the
above, we have had only one object in view, that of placing
under the eyes of the reader a serious document, which,
according to all appearance, will figure in the great dis-
pute now pending between the Parliament and the Exe-
cutive power. Some persons have regarded this article

in the light of an indictment, and really it has the ap-
pearance of it. Let us now wait for the indictment on
the other side!"

On the other hand, the l3urgraves declare that the
demonstration of 29th January, 1849, which was de•

Glared to be against the Republicans, was, in fact, to
prevent Loris NAPOLEON fromproclaiminghimselfEm-

P eror and that it is out of revenge for his services to the
Republic on that day that CHANGARNIER is dismissed.
The following is the explanation of the mystery of the
29th January, 1849, now propounded by the friends
of General CHAINGARNIER. According to the story
told, General CHANGARNIER was sent for that morn-
ing to the palace of the Elysee, and had an interview
with the PRESIDENT of the Republic. On that occa-
sion Louis NAPOLEON represented to the General
that the election of the 10th of December, in which he
had been returned as President by nearly six mil-
lions of electors, showed France to be Bonapartist ;
that Frenchmen were not Republicans ; and that if
he had been proposed as Emperor, instead of being
proposed as President, the result would have been
the same. Ile insisted that all France wished for
the re-establishment of the Empire; and he therefore
proposed to General CHANGARNIER, who was in com-
pmand of both army and National Guards, that he
should
pr, and carryteurronouthistr him forthwith to Loris NAPOLEON
N
oops,proc laim Lou
as Emperor,
of the Tuileries. As a reward for this great service
he was to receive an annual pension of a million of
francs, the rank of Constable of France, and the palace
of the Elysie as his residence. The proposition was
a staggering one and General CHANGARNIER
hesitated. He reminded Louis
NAPOLEON that, in
revolution
rerffe
ne ce teu aal lnyd,
themselves,
hheem s
elve
s, suggested
the
cifdewr
as to
nceacrersysaroyuttosuchhavae
tshuaptp,ortbefoofre histhev Cacbominpetro;misaendd
PRESIDENT should get the sanction of the Mi- j
ig3trY• In the meantime the troops were to be called

" The income tax is payable monthly; for the first
clals, 2 dollars 15 silver groschen; for the second, 3
dollars; for the third, 3 dollars 15 silver groschen; for
the fourth, 4 dollars; for the fifth, 5 dollars; for the
sixth, 6 dollars; for the seventh, eighth, and ninth,
9 dollars; for the tenth, 10•dullars; for the eleventh, 18
dollars; for the twelfth, 25 dollars. The classes riso to
thirty'progressively, when the amount of income-tax is
600 dollars."

MANTEUFFEL arrived at Dresden on the 10th, and
had an interview with Prince SCHWARTZENBERG.
The Swabian Meraary announces that the Govern-
ment of INTurtemburg has ordered that elections of
a new Assembly of States shall shortly be proceeded to.
A letter from Munich states that, owing to the de-
preciation of gold in England, France, &c., foreign
gold pieces are to be taken in that city only at the
rate marked down at the Stock Exchange of Frankfort.
A telegraphic dispatch from Vienna, of the 9th,
announces that the directors of the Bank of Vienna
had resigned es masse. The reason is not stated.
A letter from Vienna of the Ith says—
" Letters from Fiume inform us that within the last
few days very painful conflicts had taken place between
the Croat party and the rest of the population. On the
Ist the orthodox Croats insulted and dragged down the
Imperial flag, and replaced it by the Croatian tricolour.
To re-establish order General Ouffenberg, the com-
mander of the district, called out the armed force; but
the frontier battalion of the Licans refused to act
against their countrymen. Since the 2d we have learned
nothing more on the subject, but it is probable that tran-
quillity has been re-established." _ _

_
A permanent military tribunal has been established
at Cassel. It consists of an upper tribunal, an under
tribunal, and a committee of inquiry. The first is
composed of three Austrian and two Bavarian
officers. The under tribunal consists of three Bavarian
and two Austrian officers, and the Court of Inquiry
is composed of one, Bavarian and one Austrian
()facer.

DENMARK AND THE DUCHIES.
Count REVENTLOW, who has been appointed Com-
missioner for the Duchies on the part of Denmark,
has arrived at klamburgh,

THE SUN, LONDON, TUESDAY EVENING-. JANUARY 14, 1851.

out. The Council of Ministers happening at the mo-
ment to be sitting at Elys6e, Louis NAPOLEON
at once proposed the plan to the Ministers present.
The reception given to this extraordinary proposition
is not stated ; but it is stated that M. PASTY at once

rose, and stated that if another word were said upon
the subject he would at once leave the room. This
gave courage to the other Ministers, and the
projected was repudiated. All that is further
known is that on that day the troops filled the
streets ; that Louts NAPOLEON sallied out
from the Elysee at mid-day, in the full
uniform of a general of the National Guard,

surrounded by -his newly-appointed aides-de.:
camp ; that he greatly astonished the Parisians by
riding along the Boulevards in that gear at so un-
timely an hour ; that no mot d'ordre was given to
the troops to cry " Vive l'Empereur!" or vine any-
thing else ; and that Louts NAPOLEON rode back
safe and sound as President of the Republic to the
Elyse, instead of installing himself, as he expected,
as Emperor at the Tuileries. The affair having
turned out a coup manque, the story of the Repub-
lican conspiracy was got up, and though laughed at
even at the time, has been kept up ever since.
We believe that on both sides there has been a vast
amount of intrigue, but no direct conspiracy—save,
indeed, a conspiracy in which the leaders of the re-
actionary party of all shades were joined together to
procure, by suborned and perjured testimony, and by
packed juries and packed courts, the conviction of
Republicans for sham conspiracies concocted by the
prosecutors. All these things will, no doubt, now
come to light, when we sincerely hope that "justice
will be done."
The Republicans of all shades have met, and have
determined on a united line of action.

" On the Bth," says the Borsenhalle of Hamburgh,
" the Lieutenancy- General of the Duchies
cated to the Assembly the propositions made to it by
the Federal Commissioners ; they require the submis-
sion of the Duchies without any condition or guaran•
tee. This communication of the Lieutenancy is said
to have taken place after the refusal of the Left of
the Assembly to vote a new tax of one-half per
cent, on the revenue; after which the Left retired,
and thereby prevented the Assembly from delibe•
rating."

The Indipendance of Brussels says—" Our private
correspondence from Hamburgh, which bears the
date of the 10th, says nothing of the above ; but it
assures us that, up to the afternoon of the 9th, no-
thing was terminated, and that the Lieutenancy-
General, warmly supported by the Assembly, per-
sisted in its refusal to obey the summons of the
Commissioners. Nevertheless on that day the Lieu-
tenancy-General went to Rendsburg to confer with
M. H. DE GAGERN and General VON DER TANN,
Commander-in-Chief of the army of the Duchies ;
and after this conference the Lieutenancy may have
been more disposed to an arrangement. The Federal
Commissioners had allowed three days' delay,
which were to expire on the 12th, and at the
expiration of them they intended to have re-
course to coercive measures. Our letters add,
that if the Federal Commissioners should suc-
seed in obtaining from the Lieutenancy-
General the dismissal of the army, they will consider
their mission terminated, as tl.ry will reserve the de-
finite arrangement respecting the organization of the
Duchies to the Conferences of Dresden." A tele-
graphic dispatch of a subsequent date—Kiel, the 11th
—announces that in a secret sitting, which lasted till
half-past six in the morning, the National Assembly
resolved, by 42 votes to 26, to authorise the Lieu-
tenancy-General to accept the propositions of the Cm-
missioners, under the condition that Rendsburg and
Frederickstadt should be occupied by the Holstein
troops.

The following semi-official account of this meeting
appears in all the journals of the Left:—

"‘ A meeting of the members of the Lpfc took plaee to-
day at Lemardelay's, in the Rue Richelieu, to consider
what steps that portion of the Legislative Assembly
ought to take at the present conjuncture. This course
was decided on on Saturday at a meeting held in the
first Bureau, at which were present—MM. Grevy, Emile
de Girardin, Cremieux, Victor Hugo, Jules Favre,
Mathieu (de la Drome), Charras, Michel (de Bourges),
Pascal Duprat, Joly, Dupont (de Bussac), and Schoel-
cher. At the meeting at Lemardelay's 160 representa-
tives were present, and after three hours' deliberation,
it was determined that unity of action was impera-
tively called for on tho part of the opposition, and a
committee was named, first, to regulate the mode of for
the future convoking the members; and next, in all
urgent cases, to adopt resolutions to be communicated to
the whole opposition for the purpose of effecting a unity
of vote. This committee is composed of the following
members :—MM. Cremieux, Victor Hugo, Jules Favre,
Dupont (de Bussac), Pascal Duprat, Grevy, Charras,
Emile de Girardin, Emmanuel Argo, Mathieu (de la
Drome), Schoelcher, Michel (de Bourges), Edgard
Quinet, Ducoux, Joly, Canet."
It is said that General LABITTE has refused the
London Embassy.
The PRESIDENT rides out every day, attended only
by a groom, and is always well received by the people.
General BARAGUAY D'HILLIERS has named as his
aides-de-camp Chef-d'escadron DIEu, of General
SCHRAMM'S staff, and Captain MoLIN, employed on
the works connected with the map of France.
The Lyons journals of Saturday state that the
Ministerial crisis had caused some disquietude in that
city ; and the consequence was that retail shops sold
less, commission agents were waiting to see how
things would turn before giving orders to manufac-
turers, and even the receipts of theatres had sustained
a notable diminution.

The announcement in the Moniteur of a reduc-
tion of one-half per cent. in the interest on Trea-
sury Bonds produced a considerable effect at the
Bourse, and a consequent rise in the price of Govern-
ment Stock. The Five per Cents. opened at 941.
80c., and closed at 94f. 95e. The Three per
Cents. closed at 571. ; the New Loan at 941. 95c. ;
Orleans Railroad Shares, 847 f. 50c.; Rouen, 6751. ;
Havre, 2731. 75c. ; Great Northern, 468 f. 75c. ;
Avignon, 1851. ; Vierzon, 3861. 25c. ; Basle, 1401.;
Baurdeaux, 398 f. 75c. ; Paris and Strasburg, 350 f.;
Tours and Nantes, 246 E. 25c.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, JAN. 18.
Boulogne and Amiens, B%—Central of France (Orleans
and Vierzon), 151; —Namur and Liege, B%—Northern of
France, 14%—Orleans and Bordeaux, 3% ex int.—Paris and
Rouen, 27 —Paris and Strasbourg, SYs—Rouen and Havre,
10%—Tours and Nantes, 47g.

The Senate of Spain, in the sitting of the 7th, no-
minated a committee on the Bill on the budget.
General PAVIA, with reference to some allusion to
him in a previous debate, took occasion to say that he
had never belonged to any secret societies, and had
never attacked the QUEEN'S Government. General
NARVAEZ, having considered that Mr. PATIA. had re-
flected on him, called for explanations. General
PAVIA. made some observations, to which General
NARVAEZ deemed it necessary to reply by producing
documents to prove that his conduct in 1838,
and in the movement in Seville, had always
been straightforward and honest. General Salt..
RANO then brought forward a proposition on the
guarantees to be given to the independence of senators.
The Government had received satisfactory news from
Cuba up to the Sth ; confidence and tranquillity were
every where re-established. " Many Americans,"
says a letter, " who are connected with the conspira-
tors, make frequent journeys to Cuba; the Govern-
ment leaves them perfectly free, but causes them to
be closely watched. The agents of the conspirators
appeared disposed to purchase land and buildings in
the islands, in order to be better able to take part in
any future movement.

TIIE SHARE MARKETS.

BRITISH RAILWAYS

Paid. 1 Nominal Prlca.

r ,
r•• , •
..40141..y