The Sun.
London, England, 1857-12-07 00:00:00

LATEST NEWS.

THE CRISIS AT HAMBURG.

HAMBURG, DEC. 6.

the Assembly of the Bourgeoisie has rejected all
the proposals of the Senate for alleviating fie com-
mercial crisis by the establishment of a new bank.
Another sitting will take place to-morrow.

THE ELECTRIC TELEGRAPH.
CAGLIARI, DEC. 5.
The Elba and Desperate have arrived from Corfu
with the cable.
The electric communication is completed.

Accounts from Constantinople mention that a
reconciliation of some kind has taken place between
M. Thouvenel and Redschid Pasha. If this be
the case, it may facilitate the new plan of arrange-
ment attributed to the French Government with
respect to the Danubian Principalities.

FRANCE.
PARIS, SUNDAY.
The Bank of France yesterday announced the
reduction of its rate of discount on 30 days' bills to
6 per cent. ; GO days', 7 per cent. ; 90 days', 8 per
cent.

A Paris letter in the Nord of Brussels gives
some further details relative to the permission
accorded by the Emperor Napoleon to General de
Lamoriciere to return definitively to Paris :
" When Mme. de Lamoriciere, after her son's
death, had gone back to Belgium, a doubt arose as
to whether the order of the Emperor to send a pas-
port authorising the general to return to France
remained valid. This doubt having been commu-
nicated to the Emperor, his Majesty, with the same
spontaneity as on the first occasion, declared that
the authorisation given to the general at such a
moment must not be withdrawn, and directed anew
that a passport without any condition or restriction
should be remitted to him. His Majesty added
that he should be happy if the re-opening to the
general of.tie gates of France could afford him some
consolation under the misfortune which had befallen
him. General de Lamoriciere was much touched
by this kindness, and his numerous friends in France
will be happy to learn that he has gratefully ac-
cepted the passport placed at his disposal, and that
they may soon see him return."
BOURSE, Dec. s.—The following were the last
quotations :

- Cash. fr. End of month.
4i per Cents
3 per Cents 67 70 67 80
Bank Shares 3050 Credit Fonder 535 '—
Credit Mobilier — Roman i
Do. Account 7OO Austrian

Belgian 44 — Spanish Threes —
Fiedmontese(s) B7i— Home Debt 1—
RAILWAYS—FOB CABS. r%
fr. c. tr c.
Orleans
Northern - Western
New Ditto
Lyonsand Med B6O Grand Central 1—
New Ditt 0...

Geneva 6o4— Austrian Com. .....-665

RUSSIA.

A St. Petersburg letter of the 25th ult., in the
Constitutionnel, says :—" Prince Gortschakoff,
Minister of Foreign Affairs, has within the last few
days had saveral conferences with Lord Wodehouse
and the Austrian Charge d'Affaires. The Cabinets
of London and Vienna have made fresh representa-
tions against the closing of a certain number of ports
in the Black Sea, and it is on that question that
these conferences have been held. Prince Gortscha-
koff has recently sent fresh instructions to the
Russian representatives at the courts of the powers
who signed the Treaty of Paris—instructions which
are drawn up in the most conciliatory terms, and
which, it is hoped, will be of a nature to satisfy
those powers."
We have already spoken of the reforms which
the Emperor Alexander decided on introducing
into the Russian army. The St. Petersburg jour;
nals affirm that the project has been carried out,
and there has been a reduction of 3,000 officers and
200,000 men. Iu order to appreciate the real
bearing of this measure, it must be remembered.
that Russia has two kinds of army—her real effec-
tive force, and the nominal one, which is to be found
on paper only. It is in this latter that has taken
place the reduction of which the Russian journals
speak. The result of the modification will be the
suppression of a certain number of sinecures and a
corresponding economy in the war budget.