The Sun.
London, England, 1859-04-27 00:00:00

ArETFIVAREET .RACES.-(THIS DAY.)

[BY ELECTRIC TELEGRAPH.]

MATCHES.
Twang beat Golden Rule.
HarYEhiff beat Schoolfellow.
COLUMN STARES.

Chapelier
Aneurin
:£3O PLATE FOR TWO-YEAR-OLDS.

Emily
Rattlebone
Thirteen ran.
HANDICAP SWEEPSTAKES OP 10 SOPS.
Orianda
Lord Berkley

Four rau.

THIS DAY'S MARKETS.

.. 2

.. 2

CORN EXCHANGE.
A very limited supply of home-grown wheat was on sale,
to-day. Owing to the prospect of a continental war, home
grown wheats were is to 2s per quarter dearer, with a fair
demand.
Foreign wheat was held at 2s to 3s per quarter more
money, and some parcels were taken on speculation.
Floating cargoes of grain produced more money.
Barley was in improved request, and rather dearer. In
the value of malt no change took place.
Oats were firm, and held for more money. The imports
are on a fair average scale.
Beans and peas were firm in price.
The flour trade was active. Town made qualities sold at
40s to 43s per 280 lbs.

ARRIVALS THIS WEEK'
Wheat. Barley Malt. Oats. Flour.
English 1,920 r 180 ; 2,130 ' 1,170 850
Irish
Foreign 8,570 / 1,450 j 12,360 l 510 sblri.sm

TIIE WA.R'QUESTION:

- -
(Opinions of the French Press)
The Conititutionnel continues to denounce the
conduct-of Austria :
" The present position has at least the merit of being
clear and well defined. But the light arrived so suddenly
for certain partisans of Austria, for those who lied vaunted
her pacific dispositions, that they no longer know how to
explain passing. events. The journals representing the
English Cabinet, for instance, cannot believe in such
a crime' on 'the part of Austria. There is an
error, they they said. The Cabinet of Vienna did not
yet icnow of the adhesion "of Piedmont to the' 'prin-
ciple of a general disarmament when it Summoned
that State to disarm:'• But • this • hypothesis is no
longer to be admitted. It is now clearly proved that Aus-
tria had received official notice of the adhesion of Sardinia
at the moment -she had addressed her ultimatum. This
ultimatum was already resolved on, its terms were drawn
up, while the Cabinet of Vienna accepted the proposal of a
Congress. The day when the Tory Ministry spoke so
loftilyof Austria's honour, Archduke Albert presented this
document Of duplicity and violence at Berlin, and proposed
to the. Prince Regent that he should be an accomplice to it.
-The reply of the Regent was such as might have been ex-
pected; it does honour to Prussia and to the real German).
which she now represents. Not only hasthe Cabinet of Ber-
lin rejected the proposal of Austria but it has protested against
it in common with • all Europe. This great act, which
condemns the last step of Austria, condemns for the same
reason all her proceedings since the mission of Lord Cowley.
It is now a matter of history that. the Vienna Cabinet has,
in the present crisis, never been. sincere towards Europe.
It was not sincere when it accepted the principle of a
European Congress, nor when it demanded a general diS-
armament before the Congress. Austria has disavowed
engagements and promises.
beThat
.her interest and ambition
should push her to war may understood by her defenders,
but that she should have descended to hypocritical denials,
in order to arrive at a violent- settlement, cannot be par_
doned even by them. Austria tempted Europe with a last
hope of peace at the very moment when she fixed the day
for opening the war. On Good Friday issued from Milan
the ultimatum which summoned Sardinia to-disarm within,
three days ; it is thus that pious Austria celebrates her
Easter Week."

The Pays describes as a " diplomatic romance,"
the statement which represents Austria at the time
she sent in her ultimatum as having been ignorant
of the acceptance-by Sardinia of the principle of
disarmament :-- -

" There_ has beenno mistake, and the Austrian Govern--
ment has taken its decision with•every circumstance before
its eyes. Moreover, it is plsitive that the summons-le dis-
arm was drawn pp
_by Count Btiol, and that the .Em-
peror ,did- not 'act consulting his Ministers.
Finally what proves that Austria was aware of the pro-
posal of - a geneial disarniament, and nevertheless
persisted in her desire to humiliate Piedmont, is the
official. declaration in the Vienna Gazette that she was
prepared to pursue her negotiations with the Powers, but
that in no ease 'Would she renounce the right of acting sopa-
rately and individually-in-regard to Piedmont. Such a reso-
lution is evidently incompatible with any ulterior arrange-
ment, and if it be true that England and Prussia have taken '
new steps at Vienna, we believe that to hope in their success •
would be a great illusion.. Austria has decided on pushing .-
matters to the last extremity. 'lt -is to be presumed that
imperious considerations must have pushed the Court of
Vienna into this fatal path, Since she consents to brave the
public opinien of Europe, .and to give an open denial to her
-own words."
The Gazette de France says : i
" Should Austria-persisti n sending troops, in spite of the
rulers of the small States of Italy, to points which she may
- consider essentifil Lou her personal defence, she would place
herself in the falsest position possible. It appears that the
Grand Duke of Tuscany has not alone protested against this
pretension of Austria.' The Diichess of Parma, who has
~always displayed the greateit strength of character in every
-difficult position, has, it-would appear, also refuSed to allow
-the Austrians to invade her-States: • • Should-Austria persist
in her pretensions, she,will really prove that she considers
the -territory of her allies as a portion of the Austrian
Empire,"- . • -
The Patrie-cenfailis the following remarks on
the Prussian 'military preparations :
" The Prussian 'Government has hastened 'to protest
against the stippoSitithi that its late military measures are
connected in the least with the presence of Archduke Al-
bertin ThAtie•measures, it declares, have a purely
defensive' haracter ; they were. rendered necessary by the
general situation -of Europe, and were prepared
long befoiehand: The partisans of Austria sought'
to attribute , these measures . to the mission of
Archduke- Albert. The Prussian Gazette, in giving a for-
mal denial to such an interpretation' will doubtless contri-
bute to convince the Vienna cabinet of its isolation in the
aggressive policy which it has just inaugurated so fatally."
The Presse briefly observes:—
" Events are preparing rapidly. It is too late ;' that
last word, in decisive crises. appears to be that of the present
moment.-It is already pronounced in Italy, where the ques-
tion is al;eady considered settled."

RED SEA AND INDIA TELEGRAPH
COMPANY.

The following correspondence -on the question
_of
the Red Sea and India Telegraph Company has
been forwarded for publication: It is satisfactory
that the Treasury authorities do not believe there
is any danger of the Legislature repudiating the
obligation of the guarantee

(copy.)
" Red Sea and India Telegraph Company, 62, Moor-
gate-street, E.C., London, April 21, 1859.
" Sir —I am instructed by the directors of the Red Sea
and India Telegraph Company to inform you that serious
apprehensions have been raised in tbe minds of the share-
holders in consequence of the late proceedings in the House
of Lords on the motion for the third reading of the com-
pany's bill. • . . . .

"-The directors themselves entertain no doubt whatever
of the good faith of the Government, or of their intention to
abide by the terms of the contract into which they have
entered, but, at the same time, after whathas occurred, they
deem it imperative to request that steps may be taken to
satisfy the natural anxiety of the shareholders, and to justify
the confidence they have hitherto felt in the inviolable na-
ture of the agreement under which they are acting.
In briefly recalling the circumstances under which the
guarantee was granted I am directed to remind you that in
the month of August last, when application was made by
this company to the Treasury, the speedy establishment of
telegraphic communication with India was, perhaps, of more
vital importance to the Government than it happily is at
the present moment. It was then distinctly and repeatedly
stated by the directors and others that the undertaking par-
took far more of a public than of a private character ; that
if the Government should decide upon adopting the ma-
chinery of a private company such terms must be granted as
should virtually ensure the risk of the experiment being
borne by the Government ; and that any arrangement to be
entered into with the company must be entirely indepen-
dent of the commercial success or failure of the undertaking.
s "The urgency of the necessity and the impossibility of
raising the capital required upon other terms was so strongly
felt that the offers of the company were accepted upon the
express condition that the whole capital should be sub-
scribed at once; and that theconstruction and laying down
of the line should be commenced forthwith, whilst entire
control was secured to the Government by the appointment
of two ex-officio directors whose sanction was required to
every proceeding of the company.
" As it was clearly impossible to olptain the immediate
assent of Parliament to these arrangements, which wore
completed during the recess, the company
was required to
apply_ for an act in the next session.
" Upon the faith of the agreement thus concluded the
capital was subscribed, and a contract entered into with
Messrs. Newall and Co., which received the sanction of the
Lords Commissioners of her Majesty's Treasury, for the
involving
thereby of the line to India within 12 months,
thereby a large and immediate outlay ; to meet which
£400,000 was actually called up before the meeting of Par-
liament enathbliedscotthnoettrahcoecmt
itplanzdBooystemo4pirebosycoefedwhewiaiebhltehihattheivsierhbalopeillred.adtoi
communication between Alexandria and Aden in
theebsete :nmbUl dispatched
ionsnhdte har of May, whilst the manufacture of the remain,
ing section is rapidly proceeding at home.
"Under these circumstances it is with no small surprise
that the shareholders have learnt that a question has been
raised in Parliament as to the expediency of sanctioning the
Government contract, and that the company's bill has been
postponed without any protest on the part of her Majesty's
Government against the impossibility of repudiating so
solemn an obligation.
"From the representations made to them from various
quarters, the directors deem it indispensably necessary that
the shareholders should receive an official assurance that
the Government is determined to give full effect to the
agreement, and that the directors are authorised to proceed
in the work which they are endeavouring faithfully to per
form, but which they do not hesitate to say will be most
materially impeded if the slightest doubt shill be allowed
to rest for a moment upon the validity of their., enitiBemem4-
with her Majesty's Government=i-MATV6The honour to be,
sir, your obedient servant,
(Signed) "C. L. PEEL, Secretary.
" The Secretary of the Treasury, London."
(corn.)
"Treasury Chambers, April 25, 1859.
"Sir,—l have laid before the Lords Commissioners of her
Majesty's Treasury your letter of 21st instant, and I am
directed to state that although. their lordships have seen
with regret that an unexpected obstacle was presented in
the House of Lords to the passing of the Red Sea and India
Telegraph Company's Bill, under circumstances unfavour-
able to a full discussion of the measure, they entertain no
doubt of its
doubt of being able to satisfy the next Parliament
that
t danger of the Legislature repudiating the obligation
which
hnl which
under importance,aany
y circumstances andth s t tl eby! feelth e confidentrightos
slightest
hasfaithbe:fn 8
tW.II. STEPHENSON.
large sums.—l am,, sir, your obedient servant,
solemnly
e4thcoredmpanintyo bhyasthaelrCeardoywnpeannddeodnsutchhe
" The Sec(Sreigntaryed)of theßedS,and India Telegraph
Company

known
AND BOOR PACKETS.
that by a recent order of
•
k pactetitoo late for the ey
The regale.
and also neivspape b;
on payment of one farthing,
11, may
mg General Post-office after the box in the hall posted at the
1 Grand is closed at 6 p.m.
t7h eTlirdOilssp'itrt
despatch
facti fihGocetLnooaoActutThl authorities
e onkNne .
country,rpeg v.SD.
,Pko °
at St. Martin s- e-
f ;ollow :—Book packets and newspapers may be
or on payment of one halfpenny till Me
p.m. ; or on the payment of one penny till 7.30._ - •
" Notice has been issued from the General Post-
.potinosnsttiedl
7a. r
afterei.. ans. 1 .
office that ship mails will be made up for St. Virieenti (Cart
do Verds), Rio de Janeiro, and Valparaiso, to be forwarded
by the steamer Lima, 'which.% appointed to leave Liverpool
on the 14th proximo.
THE EX-ROYAL FAMILY OP FRANCE.—Yester-
day was the fete day of the ex-Queen Marie Amelie, who
completed her 78th year. On this occasion the Duke and
Duchess D'Aiimale gave a dejeliner at Orleans-house,
Twickenham to a large family circle. - His Royal High-
ness the Duke of Saxe Coburg, attended .by Col. Francis
Seyniour, arrived shortly after 12 o'clock from Windsor
Castle. The Duke d'Oporto also .joined- the circle. The
Queen Marie Anielie, accompanied by the Duke de llemours
and his youthful family,. the Prince and Princess de Join-
vile and children, the. Dtteheas Arigusta of Saxe Coburg,
the COunt de Paris, &c.-, came .from Claremont. Covers
were laid for upwards of 40. The Duke of Saxe Coburg
and the Duke d'Oporto left at three o'clock. The illus-
tri-Ous.party separated shortly before four o'clock.
need by
• Steam Navigation Company are about to be cern/751th tho
Threeof the vessels required by the Royal_ Mail
Messrs. Palmer Brothers and,
the largest paddle steamers in existence.
. exception of the Great- Eastern,e° thge-yawijiarl,r°Zen built, ba