The Sun.
London, England, 1857-11-21 00:00:00

THE TELEGRAPH THROUGH
AUSTRIA.

The Vienna correspondent of the Times (second
edition), in his letter, dated Nov. 18, says :

"In the fourth leader of the Times of Satur-
day, the 14th inst., it is said that the British
Government has oome to an agreement with
Austria to send all its telegrams by way of
Ragusa to Alexandria, if the Imperial autho-
rities will make a submarine telegraph between
those two cities.' Such a convention was on
the point of being concluied, but authentic
information has this morning been given me
that her Majesty's Government has very
recently expressed its resolve neither to bind its
own hands nor those of its successors. It would
hare been a sad mistake if the British Cabi-
net had pledged itself to make use of
but one line of communication with India,
but; still the idea of constructing a tele-
graph between Dalmatia and Egypt ought not
to be relinquished. By the little map of the
"Existing and Proposed Cemmunication be-
tween England and the East," which is at
the top of Keith Johnstone's recently published
map of India, it is to be seen that a cable could
easily be laid down between Ragusa and Alexan-
dria, but Austria positively refuses to do the job
without receiving some remuneration or indemni-
fication from England. The language used here
whenever the subject is touched on is to the fol-
lowing effect :—"Austria does not need telegraphic
information of what is passing in India, but Eng-
land does, and it is therefore but just that she
should contribute something towards the con-
struction of any submarine telegraph which may
be made to Alexandria, or agree to pay a cer-
tain annual sum for the transmis;ion of her
despatches. Should she refuse to do either the
one thing or the other, Austria will, as a matter
of course, have nothing at all to do with the
matter.' Such are the sentiments of those persons
on whose good will the construction of a sub-
marine telegraph between Ragusa and Alexandria
must entirely depend."

Accounts have been received from Constanti-
nople to the 14th. The Porte has demanded the
postponement of the execution of the person;
condemned at Belgrade. The Journal, de Con-
stantinople contradicts a report which had been
in circulation relative to the rupture of diplo-
nutic relations between M. Thouvenel and the
Porte, and states that the French ambassador
now shows himself more conciliatory on the
question of the principalities.

FRANCE.

PARIS, FRIDAY EVENING.

M. Forild.'s visit to London is supposed to; have
reference to other objects besides the financial crisis
and the situation of the Bank. Tile Minister oZ

N OVEMBE

SL.te may confer with the Governor of the Bank of
England on the best means of reducing the rate of
discount in both capitals, but public rumour gives
him another mission, and this mission relates to
the Danubian Principalities. We are told that he
is to confer with Lord Palmerston, and, if possible,
come to an understanding on this troublesome
subject.

The Moniteur publishes an Imperial decree
promulgating the convention concluded on the
28th Sept. last between France and Denmark
for the suppression of the Sound dues. The sum
to be paid by France for the redemption of those
dues amounts to 1,219,003 rix-dollars (2f. 79
2-10ths c. each) ; and, as already stated, it is to
be paid in 40 half-yearly instalments of 124,416 f.
each ; the first on the Ist Oct., 1857, and the
last on the Ist April, 1877.
The amount of cash again increased yesterday at
the Bank of France. It has now reached the sum,
stated in the fait balance-sheet, of 189,000,000 f. to
189,500,000 f.

A Paris letter, in the Nord of Brussels, says :
" A report, addressed to the Emperor by the Minis-
ters of the Interior and of Commerce, on the rates
of interest for money in France, has just been pre-
sented to the Council of State. It is well known
that the chambers of commerce of the greater num-
ber of the large towns have made remonstrances
against the law of July 9, 1857, which, in extend-
ing the privilege of the Bank, authorises that esta-
blishment to raise the rate of its discount and the
interest on its advances above 6 per cent. It is in
order to respond to these remonstrances that the
Emperor demands from the Council of State whe-
ther there is any reason for revising the law of 1807,
which limits the rate of interest on money. The re-
port of MM. Billault and Rouher is long, and points
out in a complete manner the present state of the
question. The most important part, the conclusion,
is as follows The gravity of all these questions
requires a deep study and serious consideration.
We propose to your Majesty to refer them to the
Council of State, which will be requested, if neces-
sary, to propose a bill on the subject. That labour
accomplished, your government may, with full
knowledge of all the circumstances, come to deter-
minations the most favourable to the interests of
commerce and of the prosperity of the empire.'
The drawing up of this bill is confined to the united
sections of legislation, agriculture, commerce, and
public works. M. Duvergier has been named re-
porter, and the measure will probably be presented
to the next legislature. "

BOURSE, NOV. 20.—The following were the last
quotations :

Cash. ft. J End of Month.
4i per Cents -

3-per Cents 66 80

Bank Shares 2950 Credit Foncier 505
Credit Mobiller 750 Roman i
Do. Account 743 75 Austrian
Belgian 4i
riedmontese(s) B9— Hume Debt