The Sun.
London, England, 1858-02-04 00:00:00

LATEST NEWS.

FRANCE.
PARIS, WEDNESDAY EVENING.
The Moniteur publishes the following Imperial

reee :

" Napoleon, by the grace of God and the na-
tional will Emperor of the French, to all whom
these presents may concern, greeting. '
"Desirous of giving to our well-beloved uncle
Prince Jerome Napoleon a mark of our high con-
fidence, we have resolved to invest him, as we now
do invest him by these presents, with the right of
attending the ordinary and extraordinary meetings
of our Council, wishing him to preside thereat
during our absence, and this in conformity to our
instructions and our orders. •
" Our Minister of State is charged to communi-
cate these presents to our Keeper of the Seals, to
be inserted in the Bulletin des Lois. I

" Done at our Palace of the Tuileries, February
, 1858.

,c NAPOLEON.
"Countersigned, ACHILLE FOULD.
Minister of State.

M. Billault's new penal law has certainly been
deprived of much of its moat obnoxious qualities
by the intervention of the Emperor. It is still,
however, harsh in character, and may prove a for-
midable engine in the hands of some future Minis-
ter. It is thought that it will receive further modi-
fications in the Legislative Corps. There are two
or three reasons why this hope is entertained. The
Emperor is known to be averse to severe or op-
pressive measures. The law encour.tered strenuous
opposition in the Council of State, and even with
extraneous appliances bad only a majority of four,
and those considerations lead the public to hope,
now that the highest interposition has diminished
their alarm, that it will undergo a further purifica-
tion in Committee, It was in the 7th clause, as it
originally stood, that the power was given to
remove to the interior of France or of Algeria, or
to expel from the French territory, not only those
who were condemned to punishment, expelled, or
transported in May or June, 1848, June, 1849,
and December, 1851, but also those merely eloig-
nes (not espulses) on the last-mentioned occasion.
Gentlemen of irreproachable conduct and of emi-
nent condition would thus have been placed at the
mercy of the authorities. The alarm was great,
and some intimated their determination of imme-
diately quitting the country. The Emperor's atten-
tion was called to the fact, and his Majesty, without
delay, ordered the oppressive clause to be ex-
punged.
It appears certain that in consequence of the
observations addressed to the Sardinian Cabinet
by the English and French Governments, the note

which was to have been presented to the Neapolitan
Government has been withdrawn.

At 1 o'clock to-day the Emperor reviewed the por-
tion of the Imperial Guard at present in Paris, to-
gether with the infantry regiments lately arrived,
and the lst and 4th Hussars. The infantry were
formed in battalions in the Court of the Tuileries—
the artillery of the
guard and the cavalry on the
Carrousel. The infantry presented 10 lines, and
were formed in the following order :—The two bat-
talions of the Gendarmerie of the Guard formed
one line ; the four battalions of the Grenadiers two
lines ; the Zouaves one line; the battalion of Rifle-
men one line ; a second battalion of Riflemen and
four regiments of infantry, five lines. A space was
reserved between the infantry of the Guard and
that of the line, to permit the Emperor and his
Staff to pass between them. On the Place du Carrou-
sel were drawn up two batteries of the Imperial
Guard on one line, four squadrons of Lancers of
the Guard, one line ; eight squadrons of Hussars,
two lines. The Emperor mounted his horse at one
o'clock, and the air instantly resotinded with the
noise of the drums and the music of the military
bands, intermixed with cries of " Trivel'Empereur."
Prince Albert of Prussia rode on the Emperor's
right, and Prince Napoleon on the left, wearing the
grand sash of the Black Eagle of Prussia. Then
followed the Princes Frederic Charles and Adalbert
of Prussia, the latter wearing the uniform of Grand
Admiral, the Austrian Prince Liechtenstein, in
an Austrian hussar uniform, then Marshals Vail-
lant, Magnan, Canrobert, and. Bosquet, Generals de
St. Regnault, de St. Jean d'Angely, Espinasse, and
Rollin, followed by a crowd of Prussian and Austrian
staff officers, and finally a platoon of Cent. Gardes.
After having passed in front of the first line of the
Guard, and the Infantry of the line, the Emperor
stopped a moment at the extremity of the Court
of the Tuileries, then reviewed the Artillery and
the caw vi
y 2 while the infantry prepared to defile.
Theo e
defiled before the Pavillion
g
"Vise l'Emperear," " Vise
l'lmperatrice." At half-past 2 o'clock the troops ltroops atlhr
the cries of
re-
turned to their barracks. The troops appeared de-
I lighted to.have an opportunity of proving, by their
bat-
teriesof
which of cavalry,
enthusiasm, in the presence of so many foreign
Princes, their devotion to the dynasty of Napoleon.
The Empress, who remained on the balcony of the
force andm ay twobe
place, witnessed the evolutions of 18 battalions of
esti-
mated
at 12,000 men.
ME BoußsE) Feb. 3.—The following were the
closing quotations:—
4L; per Cents
infantry,of 12
artillery,
thev a ly
95
Do. end month
3 per Cant. ..... 68 90
Do. end month 69 15
Bank Shares 3200
Credit Mobilier
Do. Account 915
RAIL

peir.eeddilFnoc3lier
Belgian 4A
00
Roman (ii)
SS:
Austrian
Spanish Threes
', home Debt 3G.
AVA.YS.

Orleans
Northern
Now Ditto BO5
Lyon and Mediteran. 8874
New Ditto .. 840
Geneva

Midi
Western 690
Strasburg
Grand Central
Sardinian
Austrian

•................

AUSTRIA.
VIENNA, FEB. 1.
After some caustic remarks on the conduct of th o
British Cabinet on the question of the free naviga-
tion of the Danube, a semi-official Austrian corre-
spondent of the Augsburg Gazette expresses his
astonishment that it should venture to maintain
the right of the Paris Conference to revise the Act
for the Navigation of the Danube after having
officially communicated to the Austrian Govern-
ment a memorandum drawn up by the " Law -
°fillers of the Crown" in April, 1837, in which are
the following pass3ges :
" All that is provided (in the Treaty of Paris) is, that
both Commissions shall have completed within the
space of two years the duties respectively assigned to j
them for performance within those two years,
namely, as regards the European Commission (at
Galatz) the determination and execution of the
requisite
Works, and the compilation of the tariff
charges ; and, as regards the River Commission, the
compilation of the regulations for navigation and river
police, and
the removal of all obstacles to the applica•
Lion to the Danube of the arrangement of the Treaty of
Vienna ; and that . they shall report to the Conference
that they have done so,—not, however, that the Con-
ference should ratify or confirm what they have done,
sentence
o f
bet should merely record the fact of its having been
done, and thereupon pronounce the dissolution of the
European Commission," &e.
Tthhe Article
finishes runs thus :
"It would seem, by reference to the terms of the
1S
th e withTr e which the Memorandum
Treaty of i
Paris,t that there is no
Provi.ion made for those regulations being ever re-
or approved by the Conference, whose duty, as
far the working of the article goes, would seem
to .be limited to receiving from the European and
River Commissioners and recoraing the notice bat
they have completed the task which by the 16th and
17th Articles of the Convention they were called upon to
execute within two years.
- - - -

The Austrians positively maintain that there is
nothing in.
the Riverain Convention which is not
in strict keeping with the Act of the Congress of
Vienna, but the assertion is not correct.