The Sun.
London, England, 1856-03-12 00:00:00

THE PEACE CONGRESS.

The following is from the letter of the Times
Paris correspondent, dated yesterday, 6 p.m :
I have stated that the Conference of Saturday
last was not quite so satisfactory as the preceding
ones. The term satisfactory ought not to be un-
derstood as implying that any new or insurmount-
able obstacles had arisen, but only that the business
got over was not equal to the anticipations of some
of the Plenipotentiaries. The sitting of yesterday
produced, I am told, no sensible progress in the
negotiations, and was confined to discussions of too
general a character. We-are now in the third week
of the Conferences ; and it is complained that
affairs have not made their way as they ought, or
as they were expected. The Emperor is said to be
of opinion that too much is said and too little
done ' • that the work, in fact, bears small propor-
tion to the words, and that a change in the course
of proceeding is desirable. The Plenipotentiaries
did not meet to-day ; they may meet to-
morrow. If I may credit the information that
has reached me, it would seem that at the
next sitting it will be proposed to come to an
understanding on the more important condi-
tions, to adopt them formally and irrevocably
with a view to a definitive treaty of peace ; and
to leave other points of secondary interest to the
settled by a Commission. For instance, the prin-
ciple of the rectification of the Ottoman territory
being admitted by Russia, it will be considered
whether it is absolutely necessary to send much
time in the fixing the particular line in Bess-
arabia which is to be the new frontier of Moldavia
instead of the Pruth. Again, the principle of
a change in the administration of the Prin-
cipalities being once established and acceded
to by Russia, and, of course, by Austria,
what necessity is there to occupy the time of
the .Plenipotentiaries with long debates whe-
ther Prince Stirbey, or whoever else be chosen for
Wallachia, shall be appointed for life or only fqr a
term of years. On two great points we are informed
Russia makes ample concession—namely, the neu-
tralisation of the Black Sea with all its conse-
quences, the dismantling of the fortresses, and the
non-reconstruction of Boniarsund : but a Commis-
sion might quite as advantageously fix the limits
between the Russian and Ottoman territory in
Asia. In a word, it will be proposed to adopt
with as little delay as possible the points the rejec-
tion of which involves a casus belli, aad to leave to
future regulation by a Commission those which have
not such a character. When the proceedings of the
Congress are kept so secret it is hazardous to enter
into particulars touching them, but the state of
affairs I have just mentioned bears the impress of
probability. The information is from a good source.
It is k mini that typhus is among the French troops
at Constantinople, and is cutting off numbers ; and
though 25,000 men aro ready to sail at a moment's
notice from Marseilles and Toulon, to fill up all va-
cancies, yet the sooner we are out of our uncertainty
the better. There are other reasons too of a parti-
cular kind to which I had already alluded, and
which make the Emperor of the French desirous of
bringing the Conferences to an early conclusion.
It is affirmed that Count Orloff and Count Buol
continue to show marked coldness in their inter-
course with each ocher. At an official soiree last
night they were not seen to speak, or even to bow
as they met.

FRANCE.
PARIS, TUESDAY EYENING.

It has been stated in some journals that the Em-
peror was not well. Such is not the case—the
health of his Majesty is excellent. The state of
the Empress is in every way satisfactory. The
important event is looked forward to as likely to
occur at any hour.
A great number of members of the corps diplo-
matique, the Senate, the Legislative Body, and
the Council of State inscribed their names yester-
day in the visiting-book of Prince Jerome. The
following is the last bulletin issued during the day
at the Palais Royal :
"11th, 8 a.m.—The inflammation of the chest
has increased, and the situation of the Prince has
become worse. A fresh blister has been applied
on the upper part of the chest."
Some persons are inclined to think that it is the
Queen-Dowager of Sweden who is to stand god
mother to the Imperial infant of France, but that
is not the case. The Queen-Dowager, the widow
of Bernadotte, is not a relation of the Emperor
Napoleon 111. She was only sister-in-law to
Joseph Bonaparte, formerly King of Spain, who
had married her sister, Mlle. Clary, about the
same time as she herself became the wife of General
Bernadotte. The reigning Queen, on the contrary,
being the daughter of Eugene Beauharnais, bro-
ther to Queen Hortense, the Emperor's mother, is
cousin-german to his Majesty.
BOURSE, March 11.—The following were the last
quotations :

Cash. tr. e.
4i per Cents 93 75
3 per Cents 72
Now Loan 72 50
Bank Shares 3,450 Roman
Cr6dit Mobilier 1,570 Austrian
Belgian Fives .. 9G— Spanish Threes
Piedmonteee (5) 9) 50 Home Debt ..........

End of Month.
—f. —O.
74 65

RAILWAYS-FOE CASH.

ft. e. ft. e.
Orleans 1,277 59 Western 875
Northern
Lyons ... . 1,240 New Ditto Bl5
Mediterranean 1,550 Grand Central 655
Lyons Geneva 757 50 Tests , —
Cutts TSO Austrian Cora. 916 25