The Sun.
London, England, 1861-06-13 00:00:00

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TURIN, JUNE 12.

In to-day's sitting of the Chamber of Deputies
Baron Ricasoli announced the formation of the new
Ministry, and said that, in accepting so great a
task, he and his colleagues had yielded to a sen-
timent of duty.
After having dwelt on the immense loss sus-
tained by Italy in the death of Count Cavour,
he continued, "No one has bent under this mis-
fortune, nor have we lost our faith in the des-
tinies of Italy." He then explained that the
policy of the new Cabinet will be a continuation
of that of the one presided over by Count Cavour,
who, he said, united boldness with prudence.
The Minister maintained that Italy had a right to
constitute herself as a united nation, and said ;
" The basis of the new Ministry will be respect for
the constitution, respect for the laws, and mainte-
nance of public order. The first care of the
Government will be zealously to continue the
armament of the country, and at the same time to
develope the economical forces of Italy, and to
establish the equilibrium of the revenue and
expenditure." He concluded by expressing his
full confidence in the support of Parliament, and in
the good sense and patriotism of the Italians.
Loud applause followed the words of the Minister.
A similar communication was made in the Senate.

In the Chamber of Deputies a bill was laid on the
table for the construction of a naval and military
arsenal at Spezzia.

MADRID, JUNE 12.

The Spanish squadron, lately stationed at Alge-
siral, has sailed in the direction of Palma. Admiral
Pinzon has left for Tangiers with two vessels.

FRANCE.

The Moniteur publishes the following:—

The representatives of the Powers, assembled in
Conference, concluded and signed, the day before
yesterday, with the Minister of Foreign Affairs of
the Sultan, the constitutive act of the new adminis-
tration of the Lebanon, as also a protocol, in which
the diplomatic conditions of that agreement are
inserted.

" Divided into two Kaimakans by the arrangement cf
1845, the Government is replaced under the authority of
one Governor, who will be chosen from the Christian sub-
jects of the Porte, and Oast necessarily belong to the religion
(rite) of the majority. The dignity of Mushir, or Marshal,
will be conferred upon this Governor, who will receive his
instructions from the Porte, and thus be in no mariner
subordinate whatsoever to the Pasha of Beyrout or of
Damas, with whom, on the contrary, he stands equal. He
will reside in the city of Deir-el •Kamar, which, in 1845,
had a Turkish garrison. Order will be maintained in the
mountains by a native sniliiia, and Turkish troops will not
be allowed to enter unless requested to do so by the Go-
vernor.

" Contrary to what was established under the former
regime, the Governor of the Lebanon will be appointed for
a term of three years, and during that time cannot be dis-
missed without an official investigation.
" Two Medjlis, or Councils, will be instituted in the Le-
banon, the one judicial, the other administrative, in which
all the populations which inhabit the mountains will bere-
presented equally, without distinction of religion.
" Other enactments in the same spirit offer analogous
guarantees to the various districts, leaving latitude to the
Governor to exercise his judgment."

BOURSE, June 12,—The market has been buoy-
ant, although business has not increased very ma-
terially. Threes, for the account, which opened at
67f 80c, are now at 68f. Railway shares rather
higher. The following are the last quotations :-
4k per per Cents ... N 35, Credit Foncier
end month.... 96 55 Belgian 4/ 99 50
3 per Cents
Do. end month 6B Roman
Bank Shares . . 2890 Austrian
Credit Mobilier.... 703 751 Spanish Threes 5Ol
Do. Account 705 —; Home Debt