The Sun.
London, England, 1867-03-14 00:00:00

vive.

FRANCE.

BOURSE, March 13, Three o'clock.—The market
to-day is very weak. The following are the las
quotations :

Bank Shares 8560
Italian Loan i4
Do. end month 54 074
Mexican Loan 23 50
Do. Bonds l5B 75
Spanish Threes
Home Debt —
Deferred
YAM
For Account.
Orleans
Northern 1225
Lyons and Mediterranean 930
Southern 583 75
Western —
Eastern
Sardinian —
Austrian
Lombard 415
North of Spain —
125
Saragossa
Ditto to Barcelona —
Roman
ELEC TION INTELLIGENCE.

41 per Cents 97 50
Do. end month —
3 per Cents. 69 80
Do. end month 69 80
Credit Mobilier
Do. end month
Credit Foucier —
Do. end month 1490

THE SECRETARY FOR WAR.
Yesterday the election of a member for the
borough of Droitwich, rendered necessary by the
removal of Sir J. S. Pakington horn the Admiralty
to the War-office, was held at the Court-house,

Droitwich. The Court-room, which holds about
2GO people, was, of course, filled. The proceedings

went off quietly.
After the reading of the writ and the usual pre

:rninaries, the Mayon, Mr. Fardon, called upon the

electors to nominate their candidate, whereupon
Mr. E. BEARCROFT, of Mere-hall, proposed the
re-election of Sir John Pakington, and noticing
his promotion to the head of the War Department,
said he looked upon it as an acknowledgment of his

great administrative talents. As to the changes
that were impending over the country, he trusted
they would be for the benefit of all, and not in sub-
mission to any combination of parties.
Dr. RODEN, M.D., seconded the nomination, and
condemned the acts of the democracy that would
prevent the middle classes being properly repre-
sented. (Cheers and hisses.) In Sir John they
had a man not only of ability and experience, but
also of unquestionable honesty of purpose.
No other candidate being proposed,
Sir J. PARINGTON said he now for the 11th time,
in the long period of 30 years, had to express his
deep and heartfelt gratitude to the two friends who
had proposed and seconded, and to them, his friends
and neighbours, for the unanimity with which they
had again done him the honour of electing him as
their representative. He appeared before them that
day under circumstances of greater embarrassment
than on any previous occasion. He then proceeded
to advert to the main political topic of the day. He
had observed in the newspapers that there had been
recently a meeting of the " Droitwich Branch of
the Reform League." (Laughter.) He heard
some of his friends laughing, but he begged to say
that he should always listen with respect to his
Droitwich neighbours, whether members of a Reform
League or not. He understood one of the objects
of the League to be " annual Parliaments," and,
if so, be must congratulate them on having attained
that object inDroitwich so far as he was concerned.
In the year 1865 the electors of Droitwich did him
the honour to return him as their representative at
the general election ; in 1866 he again came before
them on being appointed First Lord of the Mini-
ralty, and in 1867 (added Sir John) here lam
again. He was almost afraid that they would get
tired of these annual ceremonies. (No, no.) With
regard to the circumstances which had led to the
present election he entreated them to believe that
he had accepted the duties of that most difficult and
arduous office to which he had just been ap-
pointed in no spirit of presumption. Quite the re-
verse. He had undertaken it not from choice, but
from the paramount feeling of the duty which he
owed to his Queen and with the desire to support
Lord Derby's Administration. His friend, Mr.
Bearcroft, in seconding his nomination, had spoken
of it as a " promotion," but he regarded it as no
promotion whatever ; he considered the position
which he had just left as honourable as the new one
he bad just undertaken. He had already expressed
his opinion that the head of the navy ought to be a
Secretary of State, and he trusted this would be so
ere long. But, nevertheless, he looked on the head
of the navy as equal in rank and dignity to the head
of the army. He had accepted his new charge with
feelings of great reluctance, having left an office in
which he bad taken the greatest interest and col-
leagues with whom he had acted with the greatest
friendship and harmony. It was true that up to
this moment he had received the most kind and cor-
dial assistance from the staff at the War-office.
Nevertheless,the change was one involving a sacrifice
of feeling and inclination on his part, and he only
undertook it in the feeling which he had expressed
of the duty be owed to the Queen and Lord Derby's
Administration. He added that no one had ever
acted in a mote honourable and consistent manner
than General Peel. He deeply deplored his loss,
and in taking his place it was with the strongest
feeling on his part of his inadequacy to discharge the
duties of the War-office in the manner in which
General Peel had done. They were all aware that
these changes in the Government had been caused by
the resignation of three members of the Cabinet, of
whom General Peel was one. That was a question
which was so much mixed up with the position in
which he stood then that it was impossible for him
to avoid referring to the circumstances leading to
those resignations, and he was not betraying any
. confidence, because the facts had become notorious