The Sun.
London, England, 1869-12-13 00:00:00

FRANCE.

PARIS, Dec. 13.

The Empress received yesterday at the Tuileries
the congratulations of the diplomatic body ou her
Majesty's happy return.

The report of M. Magne, Minister of Finance,
has been issued to-day. It says that the floating
debt has been reduced by 232 millions since the
31st July, 1868, and now amounts to 818 million
francs. The budget of 1868 shows ar et and (14"
nitive surplus of 18,500,000 f. The receipts from
indirect taxation during the last eleven months
having inceased by 32,000,000 f., the surplus of the
budget of the present year will probably amount to
55,000,000 f., making a total surplus for the two
years of 73,000,000 f.
The report anticipates that the budget for the
year 1870 will show an equally favourable result.
M. Magne proposes to suppress the demi-decirue,
which weighs heavy upon the succession tax.
The ordinary revenue in 1871 is estimated
at
1,771,000,000 f., and the expenditure at 1,761
millions, leaving a surplus of 97,500,000 f. This
surplus is carried to the extraordinary budget, and
would be applied to various purposes—one portion,
amounting to 4.2 i millions, being reserved for public
works. The total sum to be expended on public
works in 1871 will be 60 millions, being the same
amount as in 1870.

Thus, the report proceeds, we shall succeed for
the first time after a long interval in defraying en-
tirely from the solid ordinary revenue the expendi-
ture required for public works.
Henceforth a recourse to credit " would not b°
justifiable either in the shape of redeemable obli-
gations" nor in any other form, unless the Govern'
ment and the Chamber should propose to give
special impulse to works of extreme urgency.
M. Magne proposes to reduce the mininoin
amount of Rente which may be registered in the
Great Book of the Public Debt from 5 to 3f.
The Sinking Fund has been applied during tbc:
last four years for the redemption of 100 millions o'
francs Rente, and its amount would in 1871
cg-
aeed even the sum prescribed by law.
In conclusion the report says :
" This solid condition is a proof both of 03°
wisdom and of the power of public opini°°'
which has reacted in favour of Liberty against th°
excesses committed in her name. It proves fur;
ther that the moral force of the Government
sufficed for the maintenance of safety and crclerci
In one word it proves the solidity of our social and
political state."
Bo URSE, Dec. 11.—Three o'clock_ The mange
closed as follows :

per Cent. -
End of month —
3 per Cent
End of month._ 72 074
Credit Mobilier 212 &O
Transatlantic :247 50
Credit Fonder 1655
Paris flak; 1632 50
RAILWA'

Bank Shares 2855 ""an
Ital4an Fives 55 °-
Austrian Fires
Ottoman Loan 335
Do. Debt 45 -4:
Spanish Threes
Home Debt
Deferred
Cash

•T
... 1621
Orleans
6381
Western
1127 i
Northern
582 i
Strasburg • •
985
Lyons and Mediterranean
Southern. 595
....
52
Sardinian
Austrian sl7i
Lombard
47
North of Spain 6O
Saragossa
Roman

NAVAL ITEms. —The Navy Department, the
.
23, ordered a vessel to Nassau to bring to Nay West
crew of the privateer Lilian, on their pledging thenisels:
not to again violate the neutrality laws.—Lieut.-cn
mander Selfridge has .been ordered to take cominalad,os,
the United States steamer Nipsic and proceed to Palls—
for the purpose of making a survey for the propessa
the
across the Isthmus of Darien.—The following wts„.,:tl.l
position of the United States Naval fleet in the tbo
Pacific at latest dates :—The Delaware, flagshiP Yoke
Asiatic squadron, with Admiral Rowan, was at -`4-1.°0;
hams; the Idaho,
had put into Yokohama ; the Ashuelot was cruising,
o'Ll's
having been dismasted during a 5"°",,,(,
~lionocacy was at Osaca, and the Iroquois was at, 11
el,
Kong on the southern station. The Unadilla had be
to
sold for 51.9,500, and her officers and men transferred
the Allauwe.

erectect
The very extensive Distillery now being ro of
at Belfast, with all recent improvements for tho rnatTufactuioti
Irish whisky, by Messrs. DUNVILLE Co., who hava
a world-wide celebrity for their fine old Irish whislq, t
called "The Royal Irish Distillery."

HIGH WATER AT LONDON
x..
MORNING. -----EVESINY 'lO
MONDAY 46 min past 9 ...... 15 Tnin pas?, it
TUESDAY. 50 min past 10 ...... 20 min pas! 0
WEDNESDAY 50 min past 11 ...... 30,minin past 10
THURSDAY. 12 min past 12 ...... 34 m Pa: j
FRIDAY
53 min past 12 ...... 12 min oak