The Sun.
London, England, 1860-12-17 00:00:00

REUTER'S TELEGRAMS.

ST. PETERSBURG, Dec. 16, 10.30 A.M.
Advices received here from Pekin, dated October
16 (28th), state that peace was signed on the 14th
(26th) of October, and that the ratifications were
exchanged on the same day.
The Emperor was expected to return to Pekin.

PARIS, SUNDAY MORNING.

The Moniteur says :—The Emperor has decided
that from January next, and by way of reciprocity,
Englishmen coming to Fratrpe shall be permitted
to enter and travel through the country without
passports.

NAPLES, DEC. 11 (via Marseilles).

France has succeeded in inducing the belligerents
to consent to a suspension of hostilities, in order
that negotiations for the surrender of Gaeta may
be entered upon.
Victor Emmanuel only contests the condition
which entitles Francis 11. to send a representative
to plead his cause at a future congress.
Fresh reinforcements of Sardinian troops are
expected.

The steamer D3ra, having on board 750 Garibal-
dians, has been lost near Terracina.

The Garibaldians are supposed to have been

saved.

General Dunn, on whose life an attempt was
lately made, is still alive,

NAPLES, DEC. 13.
The mobilised national guard, destined for Upper
Italy, has been organised.
The Naples journals highly approve the project
of the Minister Minghetti, which aims at adminis-
trative decentralisation.

It is said that 2,000 pontifical troops are about to
march against the town of Ponte Corvo, to over-
throw the provisional government established there'
in the name of King Victor Emmanuel.

TURIN, SUNDAY.
i despatch from Naples, dated to day, asserts
that the French fleet will soon leave Gaeta.

PERUGIA, DEC. 16.

The province of Viterbo continues in a state
of insurrection.
It is stated that the French are preparing to

evacuate the province.

MARSEILLES, DEC. 17.
The report of the loss of the steamer Dora
has not been confirmed.

The Naples journals received here assert that
the Abruzzi and Calabria are quiet, and that the
revolutionary movement in the province of Avel-
line has been partially suppressed.
The same journals also state that the Lieutenancy
at Naples is engaged in arming the National
Guards, who are to be despatched to Upper
Italy.

AMERICA.
THE PRESIDENT'S MESSAGE.
QUEENSTOWN, SUNDAY.

The Royal Mail steam ship Africa, Captain
Neill, from New York on the sth instant, arrived
here at 8 p.m., landed all her •mails except those
for Liverpool, and proceeded at 8 15 p.m., all well.
She brings 40 passengers and 17,561 in specie.
The steamer Asia, from Liverpool, had arrived
out.

The following is a summary of the President's
Message, delivered at Washington on the 4th inst.
The first topic discussed is the revolutionary

crisis.

Mr. Buchanan asks why, while the country is
eminently prosperous in all its material interests,
the Union, the source of all these blessings, is
threatened with destruction. The cause, he says,
is close to hand. It is the long-continued and
intemperate interference of the Northern people
with the question of slavery in the South, which
has given rise to servile insurrection, and inspired
the slaves with vagne notions of freedom. Hence a
sense of security no longer exists around the family
altar. Mr. Buchanan maintains that the election
of Mr. Lincoln involves no provocation for disunion,
and states that the South is in no immediate danger
therefrom. He considers secession revolutionary,
and denies the doctrine of constitutional secession.
He next contends that the Federal government has
no right to coerce receding States into submission,
and that coercion is impracticable.
The relations with all foreign Powers excepting
Spain are declared to be amicable and satisfactory.
Some suggestions are made in reference to the
purchase of Cuba.
As the disputed title to the island of San Juan is
under negotiation with Great Britain, it is not
deemed advisable to make any allusion to the sub-
ject.

The President regards the visit of the Prince of
Wales as a most auspicious event, and says that its
consequences cannot fail to increase the kindred
and kindly feeling which he trusts may ever ac-
tuate the Government and people of both countries.
The financial condition is briefly discussed, and
considerable reductions are shown in the annual
expenditure.
The message concludes with lengthy remarks
about the necessity for modifications in the tariff,
to meet deficiencies of revenue.

'WASHINGTON, DEC. 4.
After the reading of the President's Message the
following amendment was moved and carried :
" That so much of the message as related to the
perilous condition of the country be referred to a
select committee, composed of one member from
each State."

The message is condemned by those of extreme
opinions, from both North and South.

In Charleston the pacific tone of the President's
message caused considerable surprise.

THE SIEGE OF GAETA.

A dvices from Gaeta of the Bth inst. announce a
successful coup de main made by a small body of
Royalists. They succeeded in surprising the Pied-
montese outposts and blew up two houses of the
Borgo, having brought barrels of gunpowder with
them for that purpose.
The fire of the Piedmontese against the fortress
had increased. A large shell burst in one of the
squares, close to the King. Some of the houses

have suffered considerably, and 15 persons were
wounded by the bursting of a shell in the hoFpital.
The King has issued a proclamation to the troops
praising their courage, and calling upon them to
defend the fortress to the last.

FRANCE.
PARIS, DEC. 17.

BOURSE, Dec. 15.—The market still continues
inanimate. For the Account, Threes are now at
68f 771 c; Mobilier, 771 f 25c; Orleans, 1,383 f 75c;
Northern, 990 f ; Mediterranean, 910 f; Austrian,
518 f 75c; Lombard, 483 f 75c. The following were
the last quotations :-
41 per per Cents ... 96 65 Credit Foncier 923 75
Do end month.... 96 75 Belgian 4t —
3 per Cents
Do. end month 6B 80 Roman
Bank Shares 2950 —lAustrian
Credit Mobilier.... 7 7 50 Spanish Threes soi
Do. Account 772 50 !Home Debt