The Sun.
London, England, 1869-01-02 00:00:00

THE ritosrucis OF HUNGARY'.

and not likely to come into collision with the authorities at

Vienna. The Royal Speech has been well received at

Pesti], and also in the chief towns, where the irritation so
long felt 'at the policy of the Court seems to have died

away, and to have been succeeded by more genial and

gracious sentiments. The Emperor has, in point of fact,

been making his way slowly but surely for some years pas,

and of late his progress has become more rapid in conse-
quence of the significant character of public events. There

is little likelihood of the policy of Hungary assuming &form

which will materially concern foreigners. So much has

already been done in the consolidation of liberty and
the concessions in favour of self-government, that little

more can be expected in the way of important reforms.
If the Magyars can be induCed to coalesce with the other

'Aces, all fears that want of unity will exist may be Ethan-

cloned. Austria has a hopeful future before her, and we

can scarcely believe that she will desire to exchange the
advantageous position she now holds for the chances of

war. A peaceful policy will be by far the wisest one for
the Empire, and will afford the best security for the pro-.

gress of the people.

COURSE OF EXCHANGE—Last Evemng.

Amsterdam Short ... 11 19f ... 12 of
Do
Rotterdam.
Antwerp ... 25 3r4 ... 25 421
Brussels 25 37i ... 25 42/
llamburgh ... 13 10f ... 13 10i
Paris
Ditto
Marseilles
Frankfort-on-the-Main ... 120} ... 1202
Vienna ... 12 20 ... 12 30

Trieste

... 12 20 ... 12 80

Petersburg
Copenhagen.. ......... 9 18 ... 9 21
Berlin
Madrid..
Cadiz
Leghorn
Milan
... 27 20 27 27
Genoa ..
... 27 20 ... 27 80
Naples
... 27 20 27 30
Palermo
... 27 20 ... 27 30
Messina
.. 27 20 ... 27 30
Lisbon blf „. 52
Oporto sli ... 52
Rio Janeiro
• •••
New York

THE MANUFACTURE OF WATCHES AND CLOCKS.-
A most interesting and instructive little work, describing briefly
but with great clearness, the rise and progress of watch and
clock makin 7, has just been published by Mr J. W. Benson, of
25, Old Bond-street, 99, Westbourne-grove, and the City Steam
Factory, 55 and GO, Ludgate-hill. The book, which is profusely

illustrated, gives a full description of the various kinds of watches
and clocks, with their prices, and no one should make a purchase
without visiting the above establishments or consulting this truly
valuable work. By its aid persons residing in nny part of the
United Kingdom, India, or the Colonies, are enabled to select for
themselves the watch best adapted for their use, and have it sent
to them with perfect safety. Mr. Benson, who holds the appoint-
ment to the Prince of Wales, sends this pamphlet to any address
on receipt of two postage stamps, and we cannot too strongly
recomnacci it to the notice of the inteudiug 1:414'04w

A recent letter from the Times corresponden i at Pesth
is well calculated to afford satisfaction to all who take au
interest in the affairs of Hungary. To peruse the details
of the Christmas merrymakings is a refreshing change
from dwelling upon the sad chronicles of the disasters that
have until lately befallen Hungary. The time has hap-
pily gone by when all who discussed the state of that
country were intent on the gravest thoughts, and divided
their attention between the faults of the rulers and the
misfortunes of the people. It is no exaggeration to say
that the evil days of Hungary have passed away, for
we have sure evidence that the people are now
satisfied and well inclined to put confidence in the Em-
peror. If not perfectly satisfied with the particular details
of their Government, they feel convinced that its general
principles are sound and will assure to them independence
of action in the time of trouble. In the present posture of
affairs it is important to notice the great increase that has
taken place in the number of voters. In consequence of
this great interest is felt in the elections now at hand, and
even the holiday season is entrenched upon to do
justice to the political movement. The probable
result of the affair will be to send forth a body
of representatives who are temperate in their policy