The Sun.
London, England, 1858-01-05 00:00:00

LATEST NEWS

FRANCE AND CHINA.

The Independance Beige publishes the following
telegram from Paris, dated 4th inst. We give it

with due reserve :

"Despatches have been sent to Rear-Admiral
Rigault de Genouilly to prevent the French troops
under his orders in China from acting in concert
with the English troops against the Celestial

Empire.
" The 500 men recently sent to reinforce his

squadron have another destination. It appears
that a demonstration is to be made against Tou-
rane, a town of Cochin China, ceded to France in
1787, but never taken possession of by her.
"A Council of Ministers has been convoked,

under the presidency of the Emperor, to discuss
the question of sending out additional reinforce-

ments, and the part likely to be taken by the
Spanish Government in the expedition, which is
caused by the persecution of some of its subjects
in the Empire of Cochin China,"

FRANCE.
PARIS, MONDAY EVENING.
The upward movement, which showed itself
strongly on Saturday last, has to-day assumed a
much more decided character.

The rumour was revived of a fund of 50 or 60
millions being about to be formed by the joint
efforts of the Bank of France and the Discount
Bank,in order to assist the commercial community
by loans of money on the security of merchandise.
The Pays has the following news from China :
--" On Nov. 16 an address from the principal
merchants and most influential inhabitants of
Canton was presented to Admiral Seymour. It
stated that the undersigned, fearing from the atti-
tude of the English fleet that an attack was about
to be made upon the city, desired to represent to
the Admiral that they were altogether unconnected
with the causes which had led to a rupture betwt en
the British Government and the Viceroy of the
province, and they requested, that in consideration
of a ransom in merchindise, such as flour or rice,
which they were very willing to pay, their property
and warehouses might be spared. This incident
shows that the inhabitants of Canton are very
anxious to separate their cause from that of the
Chinese Government."

" It is positively stated," says the .Nord of.
Brussels, " that the Council of State of France
will asemble on the sth January, under the
presidency of the Emperor, to dilacuss the ques-
tion of the rate of interest. It is also men-
tioned as certain that the legal rate of commercial
interest will be suppressed, and will only be regu-
lated for the future by the decisions of the Bank of
Franca."

BOURSE, Jan. 4. —The following were the las
quotations :

per Cents

94 -

go. - end month

Credit Foncier
Belgian CI
Piedmontese (5)
Roman ....
Austrian
Spanish Threes
Home Debt 37!
VATS.

3 per Cent. ..... ...

Do. end month 69 95
Bank Shares

Credit Mobilier 925 ---
Do. Account 930 -
RAIL'
Orleans
Northern

Midi
Western 7OO
Strasburg
Grand Central
Sardinian
Austrian

New Ditto Bflli
Lyon and Mediteran. 882.?,;
New Ditto B6O
Geneva ••

RUSSIA.

"Some journals have asserted," says a letter
from St. Petersburg, "that the RUSSi:in Cabinet
has addressed a note to that of England relative to
the Isle of Perim ; but we can positively state that
no diplomatic document of the kind exists. The
Russian Cabinet is disposed to leave the Porte to
make such representations on the subject as it may
think necessary, not only because it is principally
interested in the matter, but because the relations
of the Russian Cabinet with that of London have
latterly become more friendly. An official report of
the further operations in the Salvatia, in the -Cau-
casus, and some details of the late occurrences there
have just been published; the cutting through the
wood between New Bacturai and Dylim was termi-
nated, but behind the wood Schamyl had constructed
on a hill a rather strong redoubt, the defence of
which he had confided to Schamihal Naib of Bogo-
bal, who had under his orders twelve naibs and
about 3,000 men, and the Russians had to sustain
a very severe combat before they could expel the
Circassians from it ; when they had done so, they
drove the Circassians into a defile, and attacked
them with the bayonet. Schamihal and four other
naibs, together with 350 of their men, were killed,
the Russians had two cAptains wounded. The
enemy afterwards evacuated the Salatavia, and pro-
ceeded towards Kurge,o and Alcualso, where the
principal forces of Schamyl are collecied. The
Russians burned down Dylim and all the neigh-
bouring villages, also all those near which there had
been combats, and then they returned to their
quarters."