The Sun.
London, England, 1867-06-15 00:00:00

FRANCE.

BOURSE, June 14.—The market continues in a
state of inaction, and the quotations of stocks and
shares have been gradually descending since the
opening of business. Three per Cents. are now
offered at 70f. 35c., or 15c. lower, and Italian Fives
are weak at 52f. 450. Credit Mobilier shares have
declined 7f. 50c., to 395 f. ; Spanish Mobilier 11f.
25c., to 262 f. 50c. ; Comptoir d'Escompte 7f. 50c.,
to 770 f. ; Icimobiliere 6f. 25c., to 195 f. ; and Paris
Gas 2f. 50c., to 1,592 f. 50c. A similar absence of
animation is noticed in the railway department, the
principal lines are weak, and at lower rates. A fall
of lit per cent. is likewise telegraphed on English
Consols.
Three o'clock.—The market closed as follows :-
41 per Cents Bank Shares —
Do. end month ltalian Loan —
3 per Cents. — Do end month 52 55
Do. end month 7O 40 Mexican Loan lBl
Credit Mobilier 7 • Do. Bonds l4O

Do. end month 397 50 I Spanish Threes ... 381
Credit Foncier — Home Debt
Do. end month 1480 , Deferred

RAILWAYS.

For Account.
Orleans
Northern 1222 50
Lyons and Mediterranean 9OG 25
Southern 578 75

Western 566 25
Eastorn

Sardinian . 7l 25
Austrian
Lombard 402 50
North of Spain lO7 50
Saragossa
Roman.. B7 50

THE KING OF HUNGARY.

(From the Special Corresponient of the Times.)

PESTII, June 11.

There can be no question of the earnestness and
energy of the Emperor Francis Joseph in the work
of reconciliation. To-day two acts are announced
which will do much to make Hungary forget the
unhappy events with which his reign was inaugu-
rated and the long years of gloom and misfortune
which will now be attributed to the influence of evil
counsellors or the inexperience and dependence of a
young man whose better nature now becomes mani-
fest in acts of princely clemency and generosity
The plenary indulgence of all political offences
which is made known to the people is characterised
by a delicacy of phrase which is very grateful to the
people. The word " amnesty" is not used ; there is
no question of " pardon." It is a Royal manifesto
of goodwill, and the hand which held the sword of
St. Stephen so lately has not been slow to cut with
it an olive branch and hold it forth for the accept.
ance of his subjects. Ignorant whether the telegraph
will convey the substance or the body of the docu-
ment as we are here, a translation of the worth
which have caused so much rejoicing is given for in-
sertion. Hungarians need wanderin foreign lands no
more. There is no political crime which is not forgot-
ten. The men who " have not ceased to conspire" up
to yesterday are free to come back if they will pro-
mise to accept the order of things which has been ac-
cepted by their country. M. Kossuth may come
back and fight his battle with M. Deak in the Par-
liament of Hungary, and have his say on the floor
of dr.; House instead of writing inflammatory letters,
and so may all the smaller fry. The Imperial and
Kingly pardon will liberate European society from
the disturbing energies of very able and very rest-
less men, because the sympathy which was felt for
exiles who were plotting for the liberation of their
country cannot be extended to those who are seek-
ing to perturb by anarchical conspiracies the com-
promise which the people and King have agreed
to make. It may be questioned whether so
large and liberal a measure has ever been passed
in regard to political offences. It must be remem-
bered that for nearly 20 years the Emperor of
Austria has been only King of Hungary in rescripts,
ordinances, barracks, and police. In front of my
windows is the height from which the great Hun-
garian soldier who is now peaceably conducting a
chemical manufactory near Klagenfurth bombarded
the Austrian soldiery in Buda, and there is but now
gone out of the hotel an Englishman who remem-
bers, without ever forgiving, the indignities to which
his uniform as an Austrian officer was subjected
when he and his comrades were made prisoners,
many of them to fall by the hands of their
captors. All the horrors of civil war were aggra-
vated by the use which they made of success, and
by the severity with which the Hungarians were
treated i❑ defeat.

The period which elapsed since 1848-9 had not
been one of calm. There were constant protests
and agitations against the exercise of unconstitu-
tional force on the one hand and unceasing irrita-
tion, caused by opposition which seemed closely
allied to rebellion, on the other. All that could be
done by a King as an act of grace has now been
accomplished, and, unless there be llungarians who
are determined never to be reconciled with their
anointed King, there can be no excuse for the fur-
ther indulgence of political passion. The measure
may have been suggested by Hungarian statesmen,
but, whether that be so or not, it is Francis Joseph
who proclaims it. The Act of Grace, or whatever
it may be called, runs as follows :

We herewith cancel and annul all sentences that have
been passed up to this day upon any inhabitant of our
Kingdom of Ilungary and its dependencies, in conse-
quence of political accusations or of offences against the
press laws, and ordain that all prosecutions commenced
upon the same grounds shall be abandoned. Confiscated
estates wo restore to those who have forfeited them,
and we give free permission to all who for similar
reasons (to those which led to forfeiture) are residing in
foreign countries to return. We extend this also to those
who since the restoration of the Constitution have not
ceased to direct their endeavours against the laws of the
land ; but the most sacred interests of the country require
that we should insist upon a solemn promise from these
persons to be loyal to their crowned King, and obedient to
the laws of the land.

"Our authorities will b 3 furnished with proper instruc-
tions for carrying out our intentions in regard to persons
residing in foreign countries.
" Given at Buda, June 9, 1867."

It is very probable that such an act as this will
dislocate the Left, and leave the extreme Left no
excuse except that which is to be found in the neces-
sity of some nature to agitate for the impossible.
There are only 13 of the latter section. They could
not manage their funeral feast at New Pesth, nor
Buda on the day of the Coronation. It was eaten
by very different people. The " wake" of the Con-
stitution was to have been kept, as already stated,
but the hour was fixed for 2 o'clock, as it was sup-
posed the Coronation ceremonies could not be over
till that hour. As soon as the procession passed,
however, people who could get nothing to eat in
Buda or Pesth went out to the suburb and devoured
the funeral baked meats, so that the 13 on arriving
found only empty dishes.

The second act which has caused so much sensa-
tion is one which is conceived in the most liberal
spirit. The Emperor of Au3tria and the Empress
have, as King and Queen of Hungary, done what
will move every heart in the kingdom. These letters
will explain themselves :
" Dear Count Andrassy,—By our happy Coronation that
harmony has been restored which is the basis of power and
prosperity in every realm, and our paternal heart has now no
more earnest desire than to efface the traces of past melan-
choly events, and, as far as we are able, to mitigate the suf-
fering they have caused. Impelled by this desire we issued
our decree of yesterday.
" The Deputies of the Diet have, in the name of Hun-
gary, presented us with 50,000 ducats with the intention to
rejoice us by this sign. of devotion.
" We desire to employ this sum in the sustenance of the
widows and orp!aans of former Honveds and of invalids of
the same force incapacitated from supporting themselves
by their own labour.
"It will be the duty of out Hungarian Ministry to lay a

proposition before us as early as possible for the props
management of this foundation.

"FRANCIS JOSEPH.

" Given at Buda, June 10, 1867."
Iler Majesty the Queen was pleased to issue the
following note :
" Dear Count Andrassy,---I joyfully concur in the con-
tents of the note of my exalted Lord and consort, and de-
sire that the Coronation gift of 50,000 ducats, presented to
me by the country, shall also be dedicated to the purpose
indicated."

The Coronation gift of the nation was presented
in two silver caskets, each containingso,ooo ducats.
The casket for the King was ornamented with beau-
tifully executed statuettes of four Kings—St.
Stephen, Lewis the Great, Mathias Corvinus, and
Leopold 11. ; that for the Queen with faur Queens
Elizibeth, Martha, Adelaide, and Maria
Theresa.

The Honveds or home Defenders are, it must be
remembered, the men who fought against Austria
in 1848-9. After that the King of Prussia cannot
refuse to do something for the Hanoverians who
were wounded at Langensalza, and to provide for
the families of those who fell there. The Hunga-
rians ask if the author of these acts can be the man
whom they so long regarded as a narrow-minded
and despotic ruler, foreign to all their feelings and
opposed to all their interests. To show the entire
contentment of his heart the King, it is said, was
anxious to give Mr. Doak his portrait, with the in-
scription " Francis Joseph to Francis Doak."
The picture was ready, but with somewhat
rugged firmness of purpose the great Com-
moner—noble indeed, but still a country squire
and member of the Lower House—conveyed the
expression of his wish that the gift should not be
offered, and the King yielded to it. M. Beak had
an interview with the King yesterday which was
most gratifying to both. The effect produced by
M. Kossuth's letter is said to have passed away c•.)m-
pletely, and never to have been as great as the
agitators pretended ; but, on the other hand, the
replies of certain persons to the letter were, we are
told, burnt at an assemblage of students, whu were
more merry than wise. Meantime, all seems to go
on merrily as a marriage bell ; but the echoes of the
Hungarian eljtns and the Coronation salutes have
scarcely come back from German Austria; or from
the Czechs of Bohemia and the mountains of
Croatia. There is yet high holiday in Buda and
Pesth, and, though the shops are open to-day, the
tribunes are still standing and the flags still flying.
To-night there will be another People's Feast, and
more oxen will be roasted or put on the spit
entire, and more wine drunk, and more boors get
drunk, and dance, and sing, and fight each other
a l' Irlandaise. Everywhere in the provinces the
Coronation was celebrated by banquets and illumi-
nations, and telegrams expressing loyal devotion
and the joy of the people at the glorious consum-
mation of their aspirations continued to pour in
upon the Minister of the Interior, Baron Wenck-
hein, during the whole of the night.

LAW INTELLIGENCE—This Day.

COURT OF CHANCERY.
(Before the Lords Justices.)

IN RE FINANCIAL CORPORATION COMPANY (LIMITED).
A judgment of some importance to the commercial
world, on the subject of limited liability, was given

this morning with respect to the liabilities of certain
alleged contributories. The matter involved was
the legality of a resolution passed by the Financial
Corporation Company (Limited), reducing the
value of their shares for £lOO to £2O.

Their lordships decided that the conversion could
notlegally take place under the statute.

SHERIFFS' COURT.
(Before Mr. Commissioner Kerr.)
MASTER AND SERVANT.-JOIINSON V. WILSON.
This was an action in which the plaintiff sought
to recover wages he had actually earned, and Mr.
Buchanan, who appeared for the defendant, stated
that his client did not dispute the fact of the wages
being due, but defendant had a counter-claim
against plaintiff for damages.

His Honour—How can that be set up ?
Mr. Buchanan—The fact was that the plaintiff
was engaged to do certain carpenter's work, and it
became necessary for him during the progress of
that work to get a board planed. His duty was to
have applied to another workmen to plane his
board, but he proceeded to a part of the building
to which he was told he had no right to go, and in
planing the piece of board he did damage to the
extent of 3s. 6d. Defendant tendered him 305., his
wages, told him he should take off 2s. 6d., then
take steps to get the other is. afterwards. Plain-
tiff, however, refused to accept the money unless
his wages were paid in full.
His Honour said the defendant was not entitled
to deduct from the wages any money for damages
unless there was an agreement between the parties.
Nor can he now set up as a defence in this action
any damage he may have sustained. He must sue.
Mr. Buchanan—But your honour will remember
that plaintiff disobeyed the orders of his master.

His Honour—That might have been a good
ground for instant dismissal, but forms no answer
to the present action.
Verdict for the plaintiff.

MARKETS.--This day.

COVENT GARDEN.

There is a plentiful supply of both fruit and vegetables,
and the trade is steady, on somewhat lower terms:—

FRUIT—Apples, 4s 01 to 8s Od par bushel; grapes, 4s
Od to 78 Od ; pine apples, 55 to 8s per lb; lemons, 7e to
99, oranges, 4s to 128 per 100; strawberries, is to 28 per
punnet.
VEGETABLES—Artichokes, 28 to 4s ; beet, is Od to 25 ;
cabbage, is 3d to 2s ; cauliflowers, 3s to 55 per dozen ;
asparagus, is 6d to 65; celery, is 6cl to 2s ; horseradish,
48 to 6s per bundle ; carrots, lid to 8d per bunch ; herbs,
2d to 4d; leeks, 2.1 to 4d; mint 3d to 6d per bunch ;
parsley, 6d to to 8d ; turnips, 6cl per bunch ; endive 2s
to 35; lettuces, is to 28 per score; onions, 4s to 58 Od per
bushel; spinach, 2s to 3s per bushel; potatoes, York
Regents, 70s to 170 s ; rocks, 100 s to 120 s; flukes, 150 s
to 180 s; other sorts, 755 to 808 per ton.