The Sun.
London, England, 1851-12-27 00:00:00

THE FRENCH REPUBLIC.

We have received the Paris journals of yesterday.

The secession of Lord PALMERSTON has elicited
naturally the comments of the leading French news-
papers. Our readers may judge of the value of the
man whom we have (for a time) lost, by the exulta-
tion displayed at the removal of a patriotic English
Minister, who never suffered himself to be perverted
from the path of independeace by truckling to foreign
influences or intrigues. Bear first the organ of the
immaculate GuizoT. The Assemblie National, under
the head of " Chute de Lord PALMERSTON," says :
" We announce to-day to our readers an event which,
if not the most important, is at least the most lucky,
that has been accomplished in Europe since 1848. It
only regards one man, bat that man represented a
system of policy which fomented and entertained the
revolutionary fever in every state on the Continent.
We are ignorant of the circumstances which have
brought about the retirement of Lord Palmerston, but
that retirement is to-day positive. After a Cabinet
Council held yesterday, he was obliged to resign the
functions of Secretary of State for Foreign Affairs.
The Whig Cabinet subsists. The post of Lord Pal-
merston alone is vacant. I; is' said that it will be occu-
pied by Lord Clarendon, the Lord-Lieutenant of Ire-
land; or Lord Granville, the Vice-President of the
Board of Trade. All the probabilities are in favour of
Lord Granville. We wish with all our hearts that those
probabilities may be realised, and we have hopes for
them. Lord Granville is the son of an illus-
trious statesman, who exercised with much dis-
tinction fur several years after 1830 the functions of Bri-
tish Ambassador at Paris. When the present Lord
Granville came to Paris some months ago as Vice-
President of the Exhibition of London, he showed in a
speech at the Hotel de Ville, his sentiments of affection
for Franca. The exterior relations of Great Britain
could not be directed by a Minister who has better titles
to our sympathies. We find ourselves on the eve of a
new era in the relations of France, and of the whole
Continent with Great Britain. When the revolution of
February placed the very existence of France in ques-
tion, we were, in the first instance, profoundly of usted
and terror-stricken for ourselves. But our effltction
and our terror were doubled at the spectacle of the
great monarchies of Austria and Prussia, of the
whole of Italy and Germany, threatened and upset
by the counter-coup, and finding, in place of the
support which was due to them, nothing bat indiffer-
ence, insult, or threats, on the part of the statesman who
directed the policy of Great Britain. There was a mo-
ment when it appeared as if the whole of Wt stern
Europa was destined to perish, and that England, alone
remaining unshaken, was about to found on their ruins
an omnipotence, a sort of universal monarchy—culpable
and foolish dream of an egoistical policy, which has just
received its chastisement! Providence reserved future
discredit to the designs of Lord Palmerston; it has not
permitted that his eminent qualities as a statesman should
serve for so detestable a use. Austria has re-established
herself on her foundations : the division perfidiously
entertained between her and Prussia has disappeared;
and Germany has once more found, in the accord of
these two powers, the guarantee of her security. Italy,
always greatly agitated, has nevertheless been able to
calm herself under the dominion of force. France her-
self has seen the abyss closed which 1848 had opened
before her. These great facts once accomplished, the
anti European policy of Lord Palmerston was
necessarily near its term. He has fallen, and
England falls into her traditional ways as
well as Europe. For us and for France there
is no idea, no hope of safety inseparable from the
safetylof all Europe. Thus it must be and it ought to
be for England. The dangerous direction given to its
foreign policy is only an accident in its history. The
gravity of the present times imposes on the Governments
and nationeeof Europa a close solidarity. Recrimina-
tions, more than superfluous, would be hurtful. Besides
this, it would be a proof of as much ignorance as of in-
justice' to place the faults of one of the statesmen of
Engrand on the shoulders of England herself. The
English Government and 'people must have learnt, by
the terrible experience of the first French revolution,
that the guarintee of their own security is in a sincere
community of Conservative sentiments with Continental
Europe."
The Gazette du Midi states that M. PANESCONE,
one of the hostages in the hands of the rioters of the
Aups, has died from the effects of the wounds inflicted
on him by the soldiers, who, seeing him jump from
the window, took him for an insurgent, and fired at
him.
On the night of the 19th inst. a placard was affixed
to the walls of Sables-d'Olonne with the words—
" Let us vote No ! Vile Henry V." The popula-
tion, however, disregarded this appeal, and voted every-
where for Louts NaiOLEON.
The persons who are to be transported to Cayenne
in virtue of the decree of the PRESIDENT of the Re-
public will, it is said, be permitted to take their fa-
milies with them, and a certain number of females
now in prison will be allowed, at their own request,
to proceed to the penitentiary colony.
The Bourse was dull, and Government Securities
again declined slightly. The Five per Cents. opened at
at 100'. 50c., rose to 101 f., fell subsequently to 100t.25c.,
and closed at 100 f. 50a. for the end of the m.,nth. The
Three per Cent% closed at 65f. 60c.; Orleans Railroad
Shares, 1,0451.; Rouen, 640'.; Havre, 238 f. 75c.; Great
Northern, 530 F. ; Avignon, 2171. 50c. ; Vierzon,
4881. 750.; Bite, 185 f, ; Bordeaux. 412.50?. ; Paris and
Strasburg, Tours and Nantes, 281 f. 25c.; Amiens
arid Beulegne, 272 f. 50c.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, DEC. 26.
Dutch Rhenish, 31)4—Luxembourg, Vi—Northern of
France, 16 tA —Orleans and Bordeaux, 5M Paris ai.d Or-
leans, 40 —Paris and Rouen, 25M—Paris and Strasbourg,
ICA—Sambre and Meuse, 374—Tours and Nante,, 8 ex int.