The Sun.
London, England, 1859-06-23 00:00:00

Lord Palmerston, who refused these bases when proposed
by Austria herself in 1848, accept them now ? They are
evidently propositions which may be from one moment to
another modified by the results of the war."

A letter from Paris in the Independance contains
the following :
" If victory should crown the French arms in a decisive
manner, it will not, it is stated, be impossible that the Em-
peror Napoleon may propose an armistice. Advantage
would be taken of it to recommend negotiations on the fol-
lowing bases :—Lombardy to remain annexed to Piedmont ;
Venice and its territory to become free, nearly like the
Hanse Towns, and be restored to its Italian na-
tionality, and the famous quadrangle with all the
Venonais to remain to Austria, in order to protect
the alarmed interests of the Germanic Confederation. If
there be any authenticity in these rumours, the siege of
Verona or of any of the fortresses of the quadrangle would
not be undertaken, more from political than strategical
reasons, for with the means of destruction now in use those
fortresses could be readily reduced by the French. Other
rumours are in circulation, and among them is one that
Venetia is to be given to the Duchess of Parma as a com-
pensation for her States annexed to Piedmont. But in sup.
posing that these overtures were accepted by Germany,
Austria certainly will not easily renounce her fine provinces
in Italy, the defence of which, aftei so short a struggle,
cannot have exhausted her resources."

The Independent° of Turin announces that a por-

tion of the Piedmontese fleet, composed of six war
steamers, including the frigates Carlo Alberto and
Vittorio Emmanuele, is to set sail immediately on

active service.

The following circular, relative to the interrup-

tion of the works of the Suez Canal, has been ad-
dressed to the French Consul-General at Alex-
andria, by Sheriff Pacha, the Viceroy's Minister of
Foreign Affairs :

" His Highness, in granting the concession of the cans
across the Isthmus of Suez, laid down the conditions on
which that In eat enterprise should be realised. His &mane
relating to this subject formally express the reserve of the
ratification of his Majesty the Sultan, and the condition
that the earthworks shall not be executed until after the
authorisation of the Sublime Porte. His Highness has
been pleased to manifest his sympathetic and friendly dis-
positions in favour of a work of such universal interest,
but he is, nevertheless, resolved not to permit the com-
mencement, under any pretext, of operations which ought
only to be executed after the approbation to which they
are subjected should have been obtained. In thus
making you acquainted, sir, with the determination of his
Highness to stop the works actually in course of execution,
which, from their nature and the qualification applied to
them, have in nowise the character of preparatory surveys,
I request you to have the kindness to intimate to those of
your countrymen whom it may concern to immediately
cease taking any part in the said works, in order not to
place the Egyptian Government under the necessity of
having recourse to measures which would be indispensable
to secure the exercise of its rights.—Accept, &c.,
" The Minister of Foreign Affairs,
"SHERIFF PUHA.
"Alexandria, June 9."

FRANCE.
PARIS BOURSE.—The market has been dull,
with declining prices. Threes varied from 61f.
95c. to 62f. 5c.; Mobilier, 622 f. 50c. to 627 f. 50c. ;
Lyons, 815 f. to 820 f. ; Orleans, 1,207 f. 50c. to 1,212 f.
50c.; Northern, 917 f. 50c. to 922 f. 50c. The fol-
lowing were the last quotations :-
41 per Cents. .... 92 Credit Foncler •
Do. end month .. 92 Belgian 4}'
3 per Cent5.'....... 62 15 Piedmontese (5) 81
Do. end month.... 61 95 Roman Bl ---
Bank Shares' 2775 Austrian
Credit Mobilier .. 622 50 Spanish Threes --
Do. Acceunt 632 50 Home Debt 39 75
RAILWAYS.
Cash. Account.
Orleans -
Northern . 922 50 .. 917 50
New ditto — 780 '+
Lyons and Mediterranean Bl7 50 .. 817 "v
Geneva • 495
Southern
Western 5lO
Eastern , 600 507 u"
Sardinian
Austrian
Exchange on London, at sight, paper, 25f. 121 c. ; money,
25f 71c.; three mouths, paper, 25f..; money, 24f. 9710.

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