The Sun.
London, England, 1851-02-26 00:00:00

SPAIN.

Madrid journals of the 20th have arrived.
They stateethat the Committee for the regulation
of the debt assembled on the previous day. It exa-
mined the documents produced on its demand by the
Government. ',Several Deputies of different parties
attended the ',sitting. M. GARCIA LUNA decirred
himself in faipur of the Government Bill, and said
he considered it calculated to conciliate the interests
of the creditors, of justice, and of the finances. M.
LLORENTE said that he agreed with the Cabinet on
the opportuneness and necessity of regulating the
debt ; but he would reserve for future examination
the question Whether it was possible to perform what
was offered by•the Bill to the creditors. He de-
manded that the Government should give an exact
account of the different species of debt proposed to
be converted, and especially the amount of in-
terest which the conversion would require to
be paid. The .Epoca says " According to
positive figures, the amount of the interest
of the new consolidated debt will be, in the
next four years, about 47,000,000 re-als, and in the
twenty yearssl4l,ooo,ooo reals, without counting
about 270,000,000 reals in round figures, arising
from the existing interest of the debt, the sum set
apart for the sicking-fund, the sale of proprios, and
the payment of Exchequer-bills." Tae Gazette
publishes a dtcree directing that five squadrons of
light dragoons shall be formed, but, in order not to
increase the expense ( f the war budget, they are to be
taken from different regiments of cavalry. The visit
of M. ARANA to France continued to excite great
curiosity, and among the rumours current respecting
it, was one that he was charged le ith a mission from
the QUEEN to NARVAEZ. The Supreme Mi-
litary and Naval Tribunal ordered the prosecution of
Ceneral ARAIERO, for having sent a challenge to Ge-
neral NARVAEL

MADRID BO.SA, FED. 20.—Three per Cents.,
34; Five per Cents., 14i. Exchange on London,
50 60 money.'

GERMAN Y.

The Independent Gazette, of Saxony, gives the
following explanation of the return of M. DE MAN-
TEUFFEL from Wesden to Berlin :—" The majority of
the Committees'of-the Ministerial c,,nferences made
propositions conperning the transformation of the
Germanic Confederation. In consequence, plenary
sittings were ordered, and the first ministeis of Aus-
tria and Prussia arrived. In the meantime the pro-
positions of the Grand Duchies and Duchies obtained
so many votes, that it was not considered prudent to
submit it to a discussion in a plenary sitting at the
same time as tip., propositions of the Committees.
The Members of the Committees thereupon re-
solved to make a new attempt at conciliation, and
M. DE MANTEUFA-EL went to Berlin to seek the full
powers which were necessary. Finally, it is not
doubtful that Austria and Prussia have both declared

that coercive measures against the petty states cannot
be employed, and this displeastd the states of the
second order. If then the states of the second order
and the petty states persist in their separate preten-
sions, the old federal organization must be re-
turned to ; it will, in fact, be impossible to create a
new one."

The Vienna Gazette of the 21st announces offi-
cially the appointment of Count Bum. SCHAUIS
salsiN, ambassador in Russia, to be Austrian am-
bassador in London. A letter cf that date says :
" The Supreme Court of the Lombardo-Venetian
kingdom commences its operations at Vienna on the
Ist April. The Customs Congress has terminated its
deliberations on the tariff, and is about to discuss the
reforms to be effected in the offices of the Customs.
paving to the improvement in all species of public
stock, several important operations respecting the ad.
ministration of finances are said to be contemplated.
A detachment of Austrians is to form part of the
garrison of the fortress of Landau, which has hitherto
been exclusively occupied by the Bavarians. Re-
inforcements of troops are still being sent to Italy."
The German Reform of the 22d says:—
" On the 20th inst. M. de Manteutfel had an inter-
view with Prince Schwartzenburg, Count 13uo1 Schaun-
stein, and Baron Prokescb, which lasted till midnight,
without leadieg to any result. The refusal of equality
to Prussia by Austria and the design of the latter to
strengthen Bavaria, in giving to that power a greater
,
number of votes, appear to confirm the Cabinet of
Berlin in its project of re.-establishitAg the ancient Ger-
manic Diet. It would also appear that in case of a new
Executive power being established Austria would wish
to include Bavaria in it. However Prince Schwan-
zenburg must be fully convinced that Austria would lose
all her advantage if the old Diet should be revivified."

SWITZERLAND.
The Ober Post Amt Zeiturg states that the Swiss
Confederation proposes to tile, measures to silence
the complaints
and evade the menaces of Austria,
Prussia, and France. Of the political refugees it is
the intention of the Confederation to quarter the
German exiles on French and Italian districts, while
the French refugees will be confined to the German
cantons. With respect to Neufchatel the Swiss
proposes to pay a certain sum as an in-
demnity, but it protests against the interference or the
protectorate of Prussia.

journals have
ITAL )(-
The
Pieediianio:tretsiecteG:te, The Italian t,
te cf the 21st has the fol-
lowing official
variously interpreted the fact of the resignation of the
Honourable Keeper of the Seals. As suppositions
on this score continue to appear in thin, and are
even repeated in foi-eigu periodicals, Nyc think it right
to repeat that the,only true cause of the resignation
of Count Siccerim is the state of his health, which
having been for some time past shaken by political
labours, and continuing to decline, has obliged him
to separate from his colleagues. Any other supposi.
tion is unfounded."

Information has reached us from an authentic
source that Sir John Pixie (Alderman) died this

morning.