The Sun.
London, England, 1851-02-10 00:00:00

NOTICE

VOL. 111. of LIVES of the PRINCESSES
of ENGLAND.
By MART ANNE EVERETT GREEN.
Editor of the " Letters of Royal and Illustrious Ladles,"
WILL BE READY TO-MORROW, Feb. 11.
Henry Colburn. Publisher, 13, Great Marlborough-street.
TT be had of all Booksellers.

TOURIST S GALLERY.-
Her Majesty's Concert Room, Haymarket, will open early
in February, with the First Representation of Mr. CHARLES
MARSHALL'S GREAT MOVING DIORAMA.

The subject of this Exhibition has been many months in prepara-
km, and has engaged the pencils of numerous eminent artistes,
English and Foreign, from the most recent sketches, and will
Illustrate the grand Routes of a TOUR THROUGH EUROPE,
commencing with the Departure of the " Jokn Bull " steamer
from the Tower of London for Hamburgh—Route through Germany,
Prussia, Austria, Bavaria, and down the Danube to Constantinople
—Route through Italy, Passes of the Alps, through Switzerland to
Geneva—Route Down the Rhine, to Cologne and Home—The White
Cliffs of Albion.

The Diorama will be accompanied by a Descriptive Lecture, in.
eluding historical and statistical detail, with appropriate Music,
selected from the works of the first composers, and expressly ar-
ranged for the subject.

ROYAL PRINCESS'S THEATRE.
The Public Is respeottally informed that Mr. BARTLEY will
perform only THREE NIGHTA mere, and that consequently the
Final Representations of Shakespeare's Play of HENRY IV. will
take place This Evening, Feb. 10, Friday, Feb. 14,:suid, for the Last
Time, on Monday, Feb. 17.

THEATRE ROYAL, DRURY-LANE.
Lessee and Manager, Mr. James Anderson.
THIS EVENING,
Will be presented by her Majesty's Servants
OTHELLO. Othello, Mr. J. Anderson ; lago,Mr. Vandenhoff ;
Emilia, Mrs. Weston ; Desdemona, Miss F. Vising,
To be followed by a new Operetta, in One Act, celled THE CADI'S
DAUGHTER.

THEATRE ROYAL, HAYMARKET•
Mr. B. Webster, Sole Lessee and Manager, Old Brompten.
THIS EVENING,
Will be performed a new and original Comedy, called PRE-
RENTED AT COURT. Charles the Second, Mr. Stuart ; Captain
Montague, Mr Howe; Rochester, Mr. Davenport; Marquis de Fla-
mer, Mr. Selby ; Geoffrey, Mr. Buckstone ; Anne Franklyn, Miss
Reynolds ; Miss Middleton, Miss A. Vining.
To be followed imy a sew and original comic drama, called GOOD
YOR NOTHING. Tom Dibbles, Mr. Backstone ; Harry Collier,
Mr. Howe ; Young Mr. Simpson, Mr. Clark ; Nan, Mrs. Fitzwilliam.
To conclude with the Nautical Drama of BLACK-EYED SUSAN.
William, Mr. Davenport; Admiral, Mr. Rogers; Captain Croastree,
Mr. parse's; Gnatbrain, Mr. Buckstone; Jacob Twig, Mr. H. Bed-
ford ; *usan, Miss A. Vining.

THEATRE ROYAL, ADELPHI.
Under the direction of Madame Celeste.
THIS BVENLNG,
Will be performed an entirely new grand Drama, n 3 sets, entitled
lELPHEGOR THE MOUNTEBANK; or, The Pride of Birth.
puke de Montbazon, Mr. Hughes ; Count de St. Cyr, Mr. Boyce ;
The Chevalier de Rolac, Mr. 0. Smith ; Guillaume, surnamed Bel-
phegor, Mr. B. Webster; Ajax, alias Mr. Merryman, Mr. Wright ;
Captain Pufferes, Mr. Worrell ; Madeliene, Madame Celeste ; Mini
Flora Aphrodite Stilz, Miss Woolgar.
To be followed by a new Extravaganza called LA TARANTULA;
or, the Spider Ling. Characters by Messrs. Wright, P. Bedford, 0.
Smith, Honey, Miss Woolgar, Miss E. Chaplia, Miss K. Fitzwilliam,
Madame Celeste, &c.

ROYAL PRINCESS'S THEATRE, OXFORD-STREET.
tinder the Management of Mr. C. Keaa and Mr. Keeley,
THIS EVENING,

Will be performed the First Part of HENRY IV. Falstaff, Mr.
Hartley,
After which a new Comic Christmas Pantomime, called ALONZO
THE BRAVE AND THE FAIR IMOGENE ; or, Harlequin and the
Baron all covered with Jewels and Gold. Clown, Mr. Fiexmore ;
Harlequin, Mr. Cormack ; Pantaloon, Mr. Paulo ; and Columbine,
Miss Carlotta Le Clercq.

ROYAL LYCEUM THEATRE.
Under the Management of Madame Vestris.
Bole Lessee, Mr. Charles Mathews.
THIS EVENING,
Will be performed
THE HANDSOME HUSBAND. Characters by Messrs. C. Ma-
thews, Vining, Miss M. Oliver, and Mrs. C. Horn.
After which an entirely new and original Fairy Extravaganza,
to be called KING CHARMING; or, the Blue Bird of Paradise.
Characters by Messrs. C. Mathews, F. Matthews, Horncaatle, Suter,
Bellingham, and Horner; Madame Vestris, Mrs. Frank Matthews,
Miss Ellis, Mrs. C. Horn, Miss St. George, and Miss Martindale.

To conclude with

TUE RUCGDOVES, in witich Messrs. C. Mathews, F. Matthews,
Basil Baker. 3lrs. F. Matthews, and Miss M. Oliver will appear.

ROYAL OLYMPIC THEATRE.
Lessee and Manager, Mr. W. Farren.
Great hit of the Romance •f the Nose.
THIS EVENING,

Will be perfor ned ALL THAT GLIT TERS IS NOT GOLD.
After which KING RENE'i DAUGHTER, in which Messrs,
Leigh Marray, Viddear, G. Cooke, W. Ferran, jun.; Mesdames Stir-
ling and B. Bartlett will appear.
To conlude with ALLOW ME TO APOLOGISE.

A.STLEY'r.i 11.0 SC AL. NM PIM EIEATRE,
Under the Patronage of her Majesty and his Royal Highness
Prince Albert.
Proprietor and Manager, Mr. W. Batty.
Extraordinary series of attractive novelties.
Last Week of the Pantomime.
THIS EVENING

Ti►e (}rand new Spectacle of KENILW ORTH ; or the Goldea Days
of the Virgin Queen, with new and costly costumes.
After which Mons. Plasche in his wonderful Ascent on the Barrel.
Together with Batty's Splendid Scenes of the Circle.
To conclude with au entirely new and original grand historical
Equestrian Christmas Pantomime, written expressly for this Theatre
by the author of " Bluff King Hal," to be entitled
HARLEQUIN AND O'DONOGLIUB ;
or, The White Horse of Killarney
Box-office open from Eleven till Four.
Stage Manager, Mr. T. Thompson.

HIGH WATER Al LONDON BRIDGE

DKr —Horning 32 min. after 7 I Evening 2 min. after $
-Itfonaerr—liforning 33 mia. after 8 I Evening 16 main. after 9

Tile WEATHER.—St' N OFFICE, FEBRUARY 9.
THERMOMETER, IN THE SHADE.
47—highest since noon yesterday.
82—lowest this morning and during the night.
39—this day, at noon.
BA2.O3TXTER, 3041.
WIND N. to N.N.E.—light breeze and fine weather.
MormAY, FEZ. 10.
THERMOMETER, I THE SHADE.
40—highest since noon yesterday.
33—lowest this morning and during the night.
39—this day, at noon.

BANOSIETET., 30.42.
WIND N.E.—dall, hazy weather.

DAILY WEATHER TABLE.

State of the Wind and Weather at each of the following
p laces at Nine o'clock on Saturday morning.—The stations
are arranged in order of latitude.
PLYMOUTH—Wind N.W., strong breeze—partially cloudy.
PORTSMOUTH—Wind S.W., gentle breeze—cloudless.
Buicrrox—Wind N.W., cairn—cloudless.
HASTINGS—Wind N.W., fresh breeze—cloudless.
Sounia.mrrox—Wind W., gentle breeze—cloudless.
FOLKESTONE—Wind N.W, gentle breeze—overcast.
Tu.setuDGF.—Wind N.W., gentle breeze —cloudlees.
BASINGSTOKE.—Wind S.W., gentle breeze—cloudless.
GRE EN WlCH—Wind S W., gentle breeze —partially cloudy.
SWINDON— Wind W., gentle breeze—partially cloudy.
OXFORD Wind W., strong breeze—partially cloudy.
COLCHESTER— Wind N.E., strong breeze—partially cloudy.
CAMBRIDGE—Wind W., strong breeze—partially cloudy.
RUGBY—Wind E., strong breeze—cloudless.
PETERBOROUGH—Wind S.W., strong braze—partially
cloudy.
YARMOUTH—Wind X.W., hard wind—cloudless.
CREWE Wind N.W.. fresh breeze—partially cloudy.
LIVERPOOL—Wind S.W., strong breeze—partially cloudy.
MANCHESTER—Wind N. W., strong breeze— overcast.
Limps Wind N W.. hard wind— partially cloudy.
LANCASTER—Wind N. W., gentle breeze—wercast.
DARLINGTON—Wind W., strong breeze cloudless.
rte returns fri,na the following places indicate the state of
the wind and weather on Friday morning at nine
o'clock :

CoßE—Wind S., strong breeze—rain.
Listenticic—Wind S. ~s ~ strong breeze—scud, rain.
MULLUNGAY.— ,t and S.W., stiff breeze—rain.
DUNDALIC—Wind \V., gale—rain.
CREWE —Wind S., fresh breeze—rain.
Lagos—Wind S.W., strong breeze—overcast.
Yoase—Wind S., gently breeze—overcast.
LANCASTER—Wind S.ls"., strong breeze—heavy rain.
Warray—Wind S.W., strong breeze—overcast.
DAesisruToN—Wiad S. by E., strong breeze—overcast.
Saar—Wind S.W., strong breeze —rain.
lit_trructs—Wind S.E., gentle breeze—rain.
Her Milk•sty has nominated his Royal Highness
tha Duke of Cambridge, Knight Grand Cross of St. Michael
and St. George, to be Grand Master of that distinguished
order, in the room of his late Royal Highness the Duke of
Cambridge.
The governorship of the East India Military
College, Addiecoinbe, vacant by the death of Sir Ephraim
Stannus, C. 13., has been conferred on Colonel Frederick
Abbott, C. 8., late of the Royal Engineers, in the presidency
of Bengal.
FIRST ARRIVALS OF THE " MILLION."—Some
ainivement WAS created in the Strand on Saturday afternoon
by the appearance of two cabs, very heavily laden with lug-
gage, stopping at a house which had apartments to let. One
of the cabs contained two gentlemen and a young female,
all completely envelo,sed in heavy furs—hats, caps,
coats,
boots, all were of fur. A large crowd soon assembled, specu-
lating as to what part of the world the illustrious furriers had
come from. " Cabby," who seemed very proud of his fare,
was also quite a 'lion fur the time; but the only iutorma-
tion he could give was that he " had brought 'um from a
furren steamer.'
Tau WEATHER.—There has not been so open a
winter as the present since that of' 1515. In that year there
was neither frost nor snow till March ; and, though there
veers a few days of frost about the end of November or part
of Decemberlast, it may be said that winter is yet to begin,
while nature indicated that spring has actually set in.
Gowans and whiny are in blossom by the way-sides, and the
buds in hedge-rows begin to swell. In gardens, not merely
snowdrops, but the daisy, hepatica, and primrose are in bloom,
and the wall-flower has " not ceased to shed its perfume since
its autumnal flowering.—scotmin.
APPOINTMENTS.—David Robert Ross, Esq., (for-
merly is appointed Lieutenant-Governor
in
the room of Major Lawrence Grasme: deceased.
o if e
Tr lnyi SLY.:go for Belfast),
Samuel Allan Wilmot, Esq., Attorney-General of New Bruns-
wick, is appointed Puisne Judge of the Supreme Court in
that colony,
in place of W. Cartearp,,pßosme
" appointed
t Chief Justice s appointed Chief
Justice. Aston Davoren, Es/. is
St. Christopher's. Captain Charles Sturt is appointed eat
South
0 ra isii Australiaon e
Colo-
nial Secretary of South Australia. Boyle Francis }lnni
Esq., is appointed Colonial Treasurer of S
George Frederick Dashwood, Esq., is appointed
of Police for South Australia. Richard F. Newland, Esq., is
appointed Stipendiary Magistrate for the Port of Adelaide,
South Ausl ralia.
CONSERVATIVE DINNER AT COLCHESTER.- The
anniversary of the return of Lord John Manners for Colches-
ter wascelebrated en Thursday last, at the Cups Inn in that
ancient borough, when upwards of 5l)0 of
W.
constituency
of the Noble Lord, over whom Mr. W. NS . Hawkins pre-
sided, sat down to dinner. Hie Lordship, ou his health
being drunk, in returning thanks, adverted to the: promi-
nent subjects about to come on in the Ifooee of Commons.
and avowed his intention of supporting the Royal prero-
gative and the rights of the Established Church against
Papal aggression, and of supporting the claims of the agri-
culturists, whose prospects of relief, he thought, were better
than they were some time back. His speech was received
with cheers. Tile conviviality of the evening was kept up
till e late hour.
A Police-court will, it is said, be established in or
very n
near the Crystal Palace during the continuance of the
T
NEWSPArii
CEMY AND NAVY Csta Thie magnificent
t.,-trtrsturosz!u:ch will during the present year-- be one s ,
ese , t .
'c
-2e - greateat: . arnents of the West-end, is fast approaching
40,nphIssseitield will, we understand, be open for the use of
'-‘t
- . tb• me zero-en the Oth instant.
-...ii-4.,„
• ,
".‘f

71

- -.

14 11 G

MEETING OF PARLIAMENT

THE THIRD EDITION OF

"THE SUN
will be found highly interesting during the presen,
extraordinary Session of Parliament.

The THIRD EDITION will contain the
DEBATES •f the SAME EVENING up to the
HOUR of POST ; also, SPORTING of every
description, with TATTERSALL'S on Monday
and Thursday Evenings in time for Post ; with
the GAZETTES of Tuesday and Friday, con-
taining Army and Navy Promotions, Bankrupts, &0.,
and ALL NEWS arriving in London up to the
Hour of Post.

the bank for hire or interest to those who can profit-
ably employ it. As in such dealings the banker
must occasionally be disappointed or deceived by the
misfortunes or dishonesty of those to whom he lends,
he should have money of his own to make good to
those who lend to him any such losses. In a course
of successful trading these means are acquired or in-
creased, and become, by gradual accumulations, very
large sums, not unfrequently from very small begin-
nings, as the history of private as well as public banking
amply proves. In the case of the private banker
these accumulations add to his personal wealth, in the
Case of a public bank they become the GUARANTEE
OR RESERVE FUND Of the establishment."

Influenced by these considerations, the directors
are anxious to keep the capital of the bank at the
lowest figure " that will not startle the ordinary
notions of safety in this matter." But as the law in
its present form requires capital in banking, and the
public usually imagine some hypothetical proportion
between its amount and the extent of business
transacted by a bank, " the directors have resolved
re issue a limited number of new shares." A pre-
ference will of course be given to the existing share-
holders, and as there are few who will not be happy
to avail themselves of the opportunity thus afforded,
there can be no chubt that the new shares will speedily
realise handsome premiums to all who are willing to
dispose of stock of so promising a description, or who
may feel it inconvenient to make further investments.

The newly issued bills, payable to order,
which can only be accepted by the Bank of
England and the Royal British Bank, are fully
and clearly explained, and the advantages thereof,
co the customers as well as to the bank, distinctly
ihown, and also those of the "loans on convertible
stock," and the "cash credits," both matters that
have been introduced into England by the Royal
British Bank, and which constituted material
features in the Scottish system. The whole report
kill well repay perusal by all who are so fortunate
48 to obtain copies, and fully establishes the accuracy
of our prediction, and the sagacity and prudence
of those who embarked in so judicious a specu-
lation.

Although the Chancellor of the Exchequer has
given notice that he will bring forward his Budget
on the 14th of this month, it by no means follows
that the said Budget is as yet definitively
compiled ; and remembering that Sir CHARLES
WOOD'S determinations are the very opposite of
the laws of the Medes and Persians, which change not,
we feel it our duty to urge strongly upon all those
who desire to see a repeal of the iniquitous window-
duty not to abate one jot or tittle of their agitation
until that odious tax upon the light and air
of heaven shall have been repealed. Those
journals which are usually considered to be
organs of the Ministry have, it is true, insinuated,
rather than announced, that the Chancellor of the
Exchequer and his colleagues, yielding to the
pressure from without, were prepared to consent
to a total repeal of this iniquitous disease-bearing
impost; it behoves us therefore to keep this pressure
up, for if it is in the smallest degree relaxed, the
Whig Ministry, which, according to Mr. WaftLny,
is always made of squeezable materials,
will be subjected to such a pressure from
within as will squeeze their good resolutions out
of them. The speeches of Lord STANLEr and of the
Duke of RICHMOND on Tuesday last, and the motion
,f which Mr. Dlsnlau has given notice for to-morrow,
show us the sort of pressure to which the Ministry will
be subjected from within. Forced to desist from
plundering us by levying, under the false and ridi-
culous pretence of protecting native industry, a tax
upon our bread for the sole and exclusive pur-
pose, not of ministering to the wants of the State,
but of keeping the rent of land up to a
war standard, the landocrats now seek to
force the Chancellor of the Exchequer to devote
the whole of the surplus to the same iniquitous pur-
pose ; they actually seek to rob the hardworking
classes of these realms of the whole amount of
that surplus, and to continue upon them the
pressure of the window-tax and of all
other taxes upon health and upon industry, nominally
to relieve what they are pleased to call agricultural
distress, but really to keep up the rent of land above
its fair market value. Let us for one moment consider
what classes of the agricultural interests are at present
in a depressed state. Certainly the present condition of
the class of agricultural labourers cannot he called
depressed as compared with their state in former
years ; they are in the majority of instances
receiving the same money amount of wages now tha

hey received in 1846-47, when wheat was ranging

from 803. to 100 s. a quarter, and in cases in which their
wages have been somewhat diminished, the purchasing
power of those wages has been so much increased,
that, generally speaking, the agricultural labourer

is in a much better position now than he has been for
many years past; neither is he suffering from lack of
employment, for the poor-law re:urns show a sensible
diminution of pauperism in the agricultural districts

in the year 1850, as compared with former years,
when the price of wheat was high. That the tenant-

farmers are suffering under a temporary depression,
the natural consequence of the high prices and tem-
porary prosperity of 1846 and 1847, is unfortunately
too true ; but they themselves have told us that they
do not believe that any measure of protection, or
any shifting of the burden of taxation, can afford
them relief; they look to a readjustment of rent,
and to that alone as the remedy. Now, this ques-
tion of re-adjustment the landoerats endeavour to
shirk by every means in their power, albeit, they
alone have managed to maintain war prices
for their commodity. The fundholder has had his
interest diminished from five to three-and a• quarter
p"r cent., the prices of all manufactured articles and
of all produce has fallen in a similar proportion, yet
ti:e landowners, having possessed until within the last
few years the monopoly of legislation, as well as of
land, have so managed matters as not only to keep
up, but to increase the rent of the land, so that actu-
..

ally, as is proved by the income-tax returns, the
income derived from rental of land is at this
moment greater by nearly a million and a half than
it was in 1816, whilst it is notorious that not one
single acre has been added to the superficies of the
island. In order to keep up rents at their present
extravagant rate, the landocrats will not scruple to
urge the continuance of the window-tax, and of every
other tax to which they do not contribute their fair
proportion ; and will demand that the surplus shall
be appropriated nominally to what they call
the relief of agricultural depression, but really to
the keeping up of their own rents. They are
powerful, they are unscrupulous, and in the presence
of powerful and unscrupulous opponents it is not safe
to relax one jot or tittle of our efforts; we can never

venture to do so until the measure repealing the
window-tax shall have roceived the Royal assent.

We understand that Messrs. Schwepp and Co., of
Berners-street, are the successful competitors for the con-
tract to supply the whole of the refreshments at the
Crystal Palace. It will be an arduous undertaking, but
we are quite certain, from the well-known enterprising
character of the firm, that they will place whatever does
i not belong to their own business in such hands as cannot
fail to satisfy both the Royal Commissioners and the
public generally. Wines and liquors being strictly pro-
hibited, no parties better qualified could be found, it
being their peculiar branch of trade to supply all the
light refreshing summer beverages, such as lemonade,
and the various aerated waters, and every novelty
permitted by the Commissioners, who have fully con•
sidered the interest of the public by arranging that
none of the refreshments supplied shall be charged
higher than at any respectable London establishment.
CABINET DINNER.—The Earl Grey will entertain
his colleagues in the Cabinet at dinner on Wednesday next
at the family mansion in Carlton-gardens.
THE SPEAKER'S LEVEE.—The Right Hon. the
Speaker will hold his first levee for the present session on
Saturday next, previous to which the Right Hon. Gentle-
man will have the honour of entertaining at dinner Lord
John Russell, and the other members of the Ministry having
seats in the Lower House.
The body is the shell of the soul, and dress is the
husk cf that shell ; but the husk often tells what the kernel
iJ. —Eliza Cook's Journal.
GRAND LODGE OP SCOTLAND.--APPOINTMENT OF
GRAND BARD.—We understand that the Grand Lodge of
Scotland, at a quarterly meeting of the brethren on Tuesday,
unanimously agreed on the nomination of his Grace the
Grand Master, to appoint R. W. Jameson, Esq., to the
highly distinguished office of Grand Bard, vacant by the
death of the late Mr. Gillillan. The appropriateness of this
appointment, and the high qualifications of its gifted reci-
pient, will be appreciated by all who have perused Mr. Jame-
son's strikingly original and sterling poem of " Nimrod"—
the merits of which alone, we may add, have secured this
token of respect and admiration on the part of the ancient
and illustrious order.—Edinburgh Evening Post.
MIDLAND RAILWAY.—We understand that the
dividend will be at the rate of* per cent. per annum, with
a 4alano cf 20,0004

THE SUN, LONDON, MONDAY EVENING, FEBRUARY 10, 1851.

THE FRENCH REPUBLIC.

We have received the Paris journals of Saturday
and yesterday.
Oa Saturday M. PISCATORT read to the Assembly
the report of the Committee recommending the rejec-
tion of the Dotation Bill. The perusal of this impor-
tant document created the most intense sensation. The
following is the report :
" A project of law has been submitted to you, tending
to open to the Minister of Finance in 1851 an
extraordinary credit of 1,800.000 f. for frail de represen •
tqtion of the Presidency of the Republic. It that project
be adopted, the amount of credits by the state on account
of the expenditure of the President of the Republic
would reach the sum of 3,425,000f.—name1y. salary,
600,000 f.; Vitas de representation, 600,000 f ; for repairs
of the palace, &c bueget of public works, 240,000 f.;
for an hotel next the Ely4e, 35,000 f.; a sum ascribed
to the President out of the relief fund of the Miniser
of the Interior, 150,000 f., which, with the extraordinary
credit now demaeded, 1,600,000 f., would make 3,425,000 f.
It being the case that a sum of 1.625,000 . is allotted for
the expenditure ehich the high station or the first ma-
gistrate of the Republic may render requisite, the ques
:ion which your committee is called on to examine
C',II2PS to this, whether there be a neaessity for that seem
being doubled by the addition, too, of a sum which is
to bo applied to expenditure of such a nature as to
escape all control. Your committee seeing the expo.,l
de motifs presented by the Minister of Finance, thought
it advisable to invite his attendance, and the Minister
did attend the committee, accompanied by his colleagues
of the Interior, of Justice, and of Public Works. To
the questions addressed to them, the Ministers gave, by
way of reply, a reference to the expo 4 de motifs pre-
sented with the bill of June, 1850. It being observed to
the Ministers that the credit had at that time been pre-
sented as a supplementary credit, although subsequently
voted in compliance with the request of the Government
as an extraordinary credit, Ministers yet insisted on the
identity of motives, and persisted in saying that the
credit was extraordinary and annual, and was intended
to provide for the exigencies to which the President was
exposed; that although extraordinary it should be an-
nually required, in order to put the President of the Re.
public, whoever he might be, in a condition to represent
in a becoming manner the country of which he was the
first magistrate. After hearing these explanations, the
committee examined with the most scrupulous attention a
demand which, under present circumstances, has assumed
the importance of a political question of the highest or-
der. In fact, it cannot be denied that it involves the na-
ture and situation of the Executive Power in the repre-
sentation of the influence which this power has for some
time exercised; that it concerns the actual relations of
the two constitutional powers; and that, in fine, it bears
upon the manner in which will have to be solved those
grave questions which, according to the terms of
the fundamental law, France will be called upon to
answer at no distant period. Aster having considered
the question under every point of view, your committee
resolved, by a majority of 13 votes to 2, that it would
propose to you the rejection of this project of law. We
owe it to you to give the reasons which have been ex-
pressed at one side and the other. The minority of two
urged that the objections derived from the spirit of the
Constitution had been offered at the time of the discus-
sion of the credit presented the 24th June, 1850. The
Assembly had listened to these objections, and had,
nevertheless, decided that the President ought lo be
placed in a situation in harmony with the relations
and manners of a great nation, and was, moreover,
impelled by a desire to maintain the union of the two
powers as the only way to save the country. The
same reasons of policy and of haute convenance applied,
they said, with equal force to the present Bill; and
the question they asked was, should such reasons
be overruled by the susceptibilities and fears that
had been expressed in recent debates ? The Assembly
had, under the influence of an act of unquestionable im-
portance, signified its distrust in the Ministry, and the
chief of the executive power, rendering homage, without
doubt, to the right of control exercised by the Assembly,
had separated himself from his Ministry. To refuse now
the required credit would be to countenance, perhaps
renew, in the eyes of the country a conflict which me-
naces to compromise for ever the union of the two
powers, and the minority of the Committee could not,
they said, incur the responsibility of the consequences
of such refusal. The majority, on the other hand, did
not think there was a just appreciation of facts and law.
Several members, in the first place, wished to know the
constitutional ground of the required credit; they 'reined
to mind the 62d article of the Constitution, which fixes
the salary of the President at 600.000 f., and al-
though the preamble of the Constitution did open an
interpretation that appeared subsequently to autho-
rise a new credit of 1100,000 f. for cost of re-
presentation, yet a reference to the debates on
the subject would show that that credit was not the less
unconstitutional. The demand now made in the shape
of an extraordinary credit was contrary to the letter
and spirit of the 62d article of the Constitution. Not-
withstanding the gravity of this opinion, your committee
has thought that by the vote of last year the Assembly,
without meaning to create a precedent, did think that
there were special and accidental circumstances which
might have justified an extraordinary increase of the
credits allowed to the President, provided that it should
not be taken to have fur effect to alter the character of
the high functions to which it had been allocated. Your
committee are equally of opinion that the extraordinary
circumstances appealed to last year no longer exist, and
that if miscalculations had been made relative to the ex-
penses caused by the first establishment, the prudent
equity of the Assembly had relieved the future
from all claim on their account. Can it be said
that the sums attributed to the President of the Re-
public are below the requirements of the dignity of a grand
p3wei ? The committee cannot think so, for, in its opi-
nion, the ordinary oredits do largely suffice to assure the
President a subsistence equal to hie rank, and beyond all
proportion with any other position in French society.
The state of manners and of fortunes in our country do
not exact more, and you cannot give more without de-
parting from the legitimate conditions of the lofty func-
tions that you wish to maintain and not to aggrandise.—
(Cheers.) The Presidency is not a Royalty, which does
not possess anything but which ought to return to the
state; and the representation of the Presidency is, like
his own position, personal and temporary. True it is
that, during his administration, he ought to be, in ap-
pearance as in authority, the first of magistrates and of
citizens; but nothing more. Ile is not the chief of the
state—he is the chief of the executive power. These con-
siderations did not escape you when you had to delibe-
rate upon an analogous demand. Such considerations did
certainly give rise to many hesitations, but the majority,
taking into account momenteus circumstances, and without
hiding from themselves the danger of, to a certain ex-
tent, affecting the institution by exaggerating the condi-
tions of representation, did yet hope that such danger
would not be realised, if the wisdom of the executive
power would only respond to the benevolence shown to-
wards it. The majority, did, in fine, make sacrifice of
its doubts and inquietudea, to the great interest of har-
mony between the powers. It was not ignorant that the
credits demanded were means of influence which it could
not demand an account of, and which might become po-
litical instruments. But it indulged the expectation
shat the policy to be followed would be in conformity
with that of the Assembly; and it recalled to mind
the many occasions on which the conduct of the exe-
cutive was all that it had a right to expect. This con-
fidence, we say with regret, has not been responded to;
and the Assembly, justly alarmed, ought not any
longer to remain silent. The day when order and har-
mony appeared compromised it warned the executive
power of danger, in the sense spirit which induced it to
accord, without reserve, all the means of action required
at its hands. You do not think of despairing of con-
ciliation, for which reason we refrain from recalling
irritating souvenirs. But does not such a situation call
for a line of conduct upi,n the part of the Assembly
such as none can mistake? This situation, we believe,
does disquiet all parties of this Assembly. No one can
without pain see compromised a salutary alliance that
has saved public order and given to Fiance a Govern-
ment. These regrets have been already in different Ways
expressed. The majority in the committee, without dis-
guising the gravity of the resolution it proposes, has
yet thought that a want of sincerity and firmness on the
part of the Assembly would enfeeble the legislative
power in the esteem of the country, and might tend to
mislead the executive. We accordingly, by 13 to 2,
propose the rejection of the project."
At the conclusion several voices demanded that the
discussion should be fixed for Monday.
M. DUPIN said—et
We must have time to print and
distribute the report."
Voices still shouting for Monday, M. LEON
FAucHEIt demanded that the discussion should, in
accordance with all precedent, be put off till Tuesday,
and begged the Assembly to consider that the more
its opinion was already made up, the more it was im-
portant not to precipitate results, especially by break-
ng through precedents.
i The Assembly was consulted by "Assie and Levi*"
twice, but each time the result was doubtful. Ii
therefore proceeded to vote, when there appeared—
For the discussion on Monday .• • •••• 358
Ditto dittto Tuesday .. 306

SS :t IN ;,~;►- • A T •
.E
LONDON STOCK EXCHANGE, FEB. 8.
Boulogne and Amiens, 9% Central of France Orleans
and Vierzon), 161,9—East Indian, IDA—Namur and Liege,
81/2—Northern of France, 15's—Paris and Strasbourg, 10—
Rouen and Havre, 11%.

SPAIN.

Majority in favour of the discussion on
Monday .52

Madrid journals of the 2a have arrived.

The Gaieta publishes the Ministerial project for
the adjustment of the debt. The following is the
plan proposed to be adopted :
The debt is to be divided into perpetual rentes and
routes which may be paid off. The present Three per
Cents., foreign and domestic, will form the perpetual
rentes; the Deferred Debt will be composed of the
nominal capital of the Consolidated Five per Cents and
of the Four per Cents. Reduced. All the bonds arising
from the funds of the colonies, deposits, caution money.
&c , are to be regarded as converted. The new perpe-
tual rents of Derened Three per Cents, will bear divi-
dend from the Ist of July next, at the rats of 1 per
cent, for the first four y'ars, 14 for the two following
years, and so on successively at an increa-e of 4 per
cent, for every two years until the 19th year, at which
time the whole dividend will cccrue."

The Infant 4 Dun ENRIQUE has obtained permission
to return to Spain.

- -
It is said that M. DUPIN will support the grant of
the dotation.
M. WAIssE, the Ilinister of the Interior, declared
to the Committee of Parliamentary Initiative on
Saturday, that in the opinion of the Ministry the
electoral law of the 31st of May applied not only to
the elections of the representatives but of the Pausi-
DENT also.

GERMANY.

M. GERMINT, the Finance Minister, has been
elected a director of the Bank of France.
The National has the following:—
" Some representatives joke with General Cavaignac
upon the intention imputed to him of supporting the
candidature of the Prince de Joinville in 1852. Does
that astonish you?' Lnswered the Eon. General. Why
it has been equally pretenciA that I am pledged to sup-
port the candidature of M. Louis Bonaparte. You will
hear one day that I have become one of the courtiers of
the Comte de Chambord. DJ as I do; laugh at all
these miserable inventions. They do not merit any other
reply:"

Accounts from Berlin of the 7th state that the
Prussian Government has demanded from the Swiss
Federation the restitution of Neufchatel, and the ex-
pulsion of political ;offenders from Switzerland, and
that measures will be adopted to enforce these de-
mands should the necessity for their adoption arise.
Prussia will, it is said, protest against the military
convention between Austria and Hesse.

Accounts from Vienna of the 34 state that the re
tirement of Count THUN from the Ministry is proble
matical.

DENMARK AND THE DUCHIES:
The Hamburgh Borsenhalle his the following :
" The Austrian General Von Legeditch will remove
his head quarters from Hamburgh to Altona in the
course of a faw days.
" Two Russian battalions are expected here to-
morrow, en route to Rendsburg, which they are to
g arrison.

A rumour was in circulation on Ssturday that a
LAMARTINE BILLAULT Ministry had been formed ;
the rumour is, to say the least, premature.
Admiral DE LA SUSSE is appointed Vice-President
of the Admiralty Board, in place of Admiral HUGON,
admitted to retirement.
The Five per Cents. were done to•day on the
Boulevard at 96f, Sic.

" The Danish prisoners arrived at Sdileswig and
Gottorp on the Ist; they were very hospitably received.
They are 550 i❑ number.
" There is to be a steam communication between
England and Lilmfjord. The steamer, which is of 120-
horse power, is commanded by Captain Sodling, and
will commence running early in the spring."
Prussia opposes the occupation of Rendsburg by
Danish troops.