The Sun.
London, England, 1834-03-31 00:00:00

FRENCH PAPERS.

PARIS, MARCH 27.—The Bordeaux journals re-
ceived to-day have only news by no means favourable
to the Queen's cause. According to the Memorial,
the Queen's situation daily becomes more critical. " If
Don Carlos," says that journal, " were not so cowardly
as he is, happily for the Queen's party ; if, instead of
remaining hid in an obscure corner of Portugal, while
his soldiers are fighting, he resolved to come and serve
as a leader of the insurgent provinces, the Peninsula
would be plunged in a civil war, the issue of which it
would be impossible to foresee. But, as the Queen
now has the upper hand, let her know how to profit by
her elevated position—let her force her Cabinet to lay
aside its sympathy—let her promptly take measures
analogous to that in the Madrid Gazette of the 11th,
viz., the application of part of the revenues of the
church to the payment of the national debt—let her
encourage the volunteer militia to join her troops, in
order to clear the insurgent provinces—let her, in a
word, enter sincerely into the resolution, and Spain
may be saved."
The letters from Bayonne of the 23d, speak of an
advantage gained by General Espatero, over the parti-
san chief Torres, who is said to have suffered great
loss, three hundred of his men having been taken pri-
soners, and will, it is said, be transported beyond sea.
A letter from Madrid, dated at the Lloyd Francais,
announces the arrival at Madrid of a certain M. Go-
mez, formerly an Envoy of Don Miguel's, soon after
the arrival of M. Sarmento, Don Pedro's Envoy. It
is hoped that M. Gomez will fail in his efforts to de- I
lay the recognition of Donna Maria.
Official notice has been given at Toulon, that. King
Louis Philip will visit that port at the end of May,
accompanied by Admiral Rigny. The Algiers, a ship
of the line, now building in the dock-yard of Toulon,
will be launched in the presence of the King.
A letter from Oran of the sth of March says, that
a pretty good understanding prevails with the neigh-
bouring tribes. The Arabs, as had been agreed on,
were ready to give up the twenty-three prisoners whom
they had taken, but only six of them consented to re-
turn to Oran, who have declared that their comrades
had said that they would become Bedouins.—Mes-
sager, March 28.
The Indicateur of Bordeaux of the 25th instant has
the following of the 23d from Bayonne :—" The last
courier that left Vittoria for Madrid was detained at
Madrideja, between Aranda and Burgos, by 40 horse-
men, commanded by the priest Merino. Six soldiers
that this courier had taken as an escort were killed.
On the 20th brigadier Espartero, having learned that
the battalion commanded by the chief of the insurgents,
Simon Torres, was at Mungea, near Bilboa, proceeded
thither with a strong column surprised him, and beat
him at all points. This battalion
was wholly destroyed;
300 prisoners remained in Espartero's power. Some
officers were among them."
We learn from -Madrid, that M. W. Speeks, as the
agent of Messrs. Wilson and Co., and M. Isaac Gold-
smidt, of London, has tendered a loan to the Minister
of Finance on the following terms :—" The Govern-
ment shall inscribe upon the great book of the public
debt a sum of 800,000,000 of rials, 3 per cents., the
certificates of which, payable to bearer, shall be depo-
sited at London in a box, having two keys, one of
which will be in the hands of the contractors, the other
will remain with the Spanish Ambassador at London.
" The contractors will deliver to the Ambassador
50,00b,000 rials, or 500,0001. sterling every six months,
till the whole amount is advanced, receiving certifi-
cates for stock at the rate of 37 per cent., as each of
these instalments are paid. The contractors are to
retain on each instalment a commission of 3 per cent.,
beingi24,ooo,ooo of rials, upon the whole amount of
the loan of 800,000,000 of rials ; and moreover Spain
shall allow them interest at 5 per cent. on all sums
which, in the course of the affair, shall remain in ar-
rear, on any account whatever. They also require that
the dividends shall be punctually paid every half-year,
at London, Paris, Antwerp, or Amsterdam, and they
have also fixed the rate of exchange, which is in their
favour. They conclude with expressing their hope,
that the Government will not delay acknowledging the
Cortes Bonds of 1822. The proposal, after being con-
sidered by M. Imaz, has been laid before the Council
of Ministers, who has ordered it to be submitted to the
Director of the Sinking Fund."—Galignani's Mes-
senger, March 28.
PARIS, MARCH 27. Lord Durham's journey to
Paris has, for several days, been the subject of poli-
tical conversation and conjecture. We will endea-
vour, by a just appreciation of the motives of this
journey, to expose the precise situation of the cabi-
nets of London and Paris. The causes of the cool-
ness which, for several months, has been evident be-
tween the two courts, are not only commercial, but
also political, and depending upon thatsinterested po-
licy which served as the basis of the grand alliance
formed in July. The Russian and Turkish question is
the great source of the dissatisfaction shown by the
Whig cabinet against the Doctrinaire ministry. Lord
Grey is aware that unless he is able, in a short time,
to lay before the Parliament a favourable account on
the two questions of the East and Portugal, he must
resign, and then the government will pass through the
hands of an Ultra-whig administration, into one of
moderate Toryism, such as the English aristocracy
dream of obtaining under the direction of Sir Robert
Peel. Lord Durham is charged to give, at Paris, a
full explanation of this state of things, and to show
the consequences of a change in the British mini-
stry to the revolution of July, and the national go-
vernment which has sprung from it. If, though we con-
sider this as impossible, a Tory ministry should be esta-
blished in England,we should see those close bonds again
formed which united the four Powers who signed the
acts at Vienna, in 1814 and 1815, against the liberal
principles laid down in the face of the world by our
popuiar revolution. If we add to this motive, that
the people of England, owing to the maintenance of
our commercial system, with its exaggerated prohi-
bitions, are beginning to be indifferent towards an
alliance with us, the political consequences of a change
in the English Administration, under existing circum-
stances, may be justly appreciated. Lord Durham is
also particularly charged to explain to our statesmen
the designs of Russia. The English diplomatists are
well informed ; their secret agents, disseminated in
every direction, enable them to divine the intimate
thoughts and concealed motives which give rise to the
proceedings of every Cabinet. It is added also, that
Lord Durham is to communicate to our court certain
documents, which will prove the bad faith of Russia
on three important points—Belgium, Turkey, and the
French revolution itself. It is asserted that these
communications will show that the hostile attitude of
Holland, and these agitations which continue to dis-
turb Belgium, are to be attributed to the Czar, and
lead to an inference that while Count Pozzo di Borgo
is occupied in making declarations at Paris of the
good intentions of the Emperor Nicholas, the Cabinet
of St. Petersburgh is insinuating that a military
movement against Belgium will be favourably seconded
by Prussia, and supported by the moral influ-
ence of Russia. As to Turkey, Lord Dur-
ham is to communicate certain secret stipu-
lations, which put Russia in full possession of the whole
of the moral and physical forces of the Ottoman em-
pire ; for example, the armament of the Dardanelles,
the assembly of troops in the southern provinces of
Russia, and particularly those stipulations for com-
mercial privileges and pecuniary indemnification which
brings Turkey down to the same condition of vassalage
as Persia is in. As to the remaining point—the revo-
lution of July—Lord Durham is said to be the bearer
of documents of the most curious nature, showing the
ill-will of the Czar towards the Government it has pro-
duced. They are not merely expressions of contempt,
which France throws back upon the despot of the
North with compound interest, but concerted and fixed
projects and stipulations, by which the Government of
July is to be considered as temporary, and to be to-
lerated only till a better can be obtained. If all these
points of information be correct, they give us hope that
our Cabinet may be enlightened as to the value it ought
to put upon the alliance with Russia, and the protesta-
tions of Count Pozzo di Borgo. Many reflections
should be made before that grand and noble alliance
which unites the destinies of two great nations is
broken. Let us remember the maxim laid down in
1830.—" As long as France and England continue
united the peace and liberty of the world are secure."
—Constitutionnel, March 28.

FRENCH FUNDS.—Paars MARCH 58.
Five per Cents., 104 f. 20c. 15e. 20e.
Four per Cents., 93r. 50c.
Three per Cents., 78f. 15c. 10c. 78E
Bank Actions, 1,790 f.
Rente de Naples, 94E 93E 85c.
Roman Five per Cents., 94% %.
Rente d'Espagne, Five per Cents., 265
Bente d'Espagne, Three per Cents., 40% 40 40%.
Royal Spanish Loan, 81% 81.
Rente Perpet. d'Espagne, Five per Cents., 65!.1 645¢%.
Belgian Loan, 1831. Five per Cent., 99% %.
Haytian Loan, 275 E 27•2 f. 50e.
EXCHANUE ON LONDON.
One month, paper, 25f. 25e. ; • money, 25f. 25c.
Three months, paper, 25. f. 15c. ; money, 25E I,c.
—fours dluthentique.