The Sun.
London, England, 1861-02-27 00:00:00

The principal points of the New Austrian
Constitution, as well as the text of the
summons to the representatives of Hungary
to meet the EMPEROR at Buda (not Pesth
as the Hungarians desire) on the 2d, are now
before us. To appearance all is fair enough, as it
generally is in the draughts of Viennese documents.
One would think, looking at the description of the
New Reichsrath, or Austrian Parliament, that it
was almost the counterpart of the British houses of
Lords and Commons. A Hereditary house, including
other persons nominated for life—a Lower House
of 343 members, elected by five per cent. of the
population, a more extended suffrage than our own--
the right of initiating legislation—public sittings—
the control of the imperial budget, and legislation
on all matters of taxation, loans, and the public
debt.—What could be asked more ? It appears,
too, as if all were frankly conceded. In the
same document we are told that the former consti-
tutions of Hungary and the parks annexae are
restored within the limits of the diploma of October
20th 18G0.

For aught that yet appears the Imperial Parlia-
ment is even better than could have been hoped
for, If fuller information nullify this appear-
ance, the reason doubtless is to counterwork
the Hungarians. A very free and power-
ful Imperial Parliament will both gratify all the
provinces which do not care for a separate Minis-
try, and strengthen the rest of the Empire against
the great Eastern Kingdom. It may also lead
courtly Hungarians to prefer the idea of importance
in an Imperial council to that of figuring in the
inferior Parliament of Hungary.
It is to be observed that the King of HUNGARY,
as we must now call him in reference to that
country, still fences with his subjects—he not
only summons the Hungarian Parliament
to meet on the wrong side of the
Danube, but points to , the contemned
diploma of the 20th of October, as the regulator of
the form of the venerable Constitution of their
kingdom. In the summons convening the Par-
liament, however, he has the temerity to
refer to the Pragmatic Eanction—which is,
indeed, the foundation of his claim to
the Hungarian Crown, bat which undeniably
authorises, directly and indirectly, all that the
Hungarians ask. In another month or two, if
violence do not disturb all, we shall witness a
struggle of legal right against the arbitrary will of
a despot, in Hungary, as intensely interesting as
those of our forefathers with the STUARTS.

EXCHEQUER BILLS.

The Chancellor of the Exchequer will move the
following resolutions in Committee on Consolidated
Fund and Exchequer Bills Acts :

" 1. That it is the opinion of this Committee that the
principal monies of Exchequer Bills issued under the
authority of Parliament, together with the interest thereon,
which may become payable from time to time, shall be
charged upon and paid out of the Consolidated Fund of the
United Kingdom or the growing produce thereof.
" 2. That the interest on such Exchequer Bills shall during
their currency by law be payable half-yearly by coupons,
and shall be paid at the Bank of England.
"3. That an option shall be given at the expiration of
each twelve months to the holders of Exchequer Bills to be
paid the principal monies of all Exchequer Bills held by
them, and such principal monies when paid shall be paid
to the holders at the Bank of England; and that all Ex-
chequer Bills not so paid off from time to time shall have
currency for the next twelve months following the date
of such option.
"4. That, when such Exchequer Bills shall be paid off,
the Comusissianers of Her Majesty's Treasury may issue
the like amount of Exchequer Bills to replace the Exche-
quer Bills so paid off.
"5. That all Exchequer Bills shall be receivable for
duties granted to Her Majesty during the last six months
of each year, during which such bills shall have currency
by law."

The ex-Queen Marie Amelie, accompanied by
other branches of the ex-royal family of France, arrived at
Starkey's Royal Victoria Hotel, St. Leonard's-on-Sea, yes-
terday, from Claremont.
Their Serene Highnesses the Prince and Princess
Edward of Saxe-Weimar have arrived at Cumper's Hotel,
Torquay, from London.
The Princess Wassiltchikoff has left the Claren-
don Hotel for Paris.

The Earl and Lady Constance Grosvenor will
come to town on Friday, from Calverley Park, Cheshire.
The Earl and Countess of Bective have left the
Lodge, Virginia, for Park-street, Westminster.
The Earl of Munster, with his two sons, Lord
Fitzclarcnce and the Hon. L.Fitzclarence, left the Caven-
dish Hotel, Jermyn-street, yesterday, for Hastings.
The Countess Stanhope has issued cards for
assemblies on Fridays, the Ist and Bth of March, at the
family residence in Grosvenor-Place.
The Countess of Craven has arrived in Charles
street, from Brighton.
TRAFFIC THROUGH FRANCE.—There is a great in-
crease observable this year in the traffic passing from flog!
north to the south of France. On the Paris, Lyons, anti
Mediterranean line the increase in the last weekly retur a
was no less than £19,291, and on the Northern £7,446 ;
while since the commencement of the year the collective in -
Lcrease on the two lines (not including the new reseaux
which Kaye remained stationary) has been £91,563,