The Sun.
London, England, 1861-11-07 00:00:00

FRANCE.

According to a Paris letter in the Independanco
for the expedition to Mexico England is to furnish
800 men, France 1,500 and some artillery, and
Spain 5,000, she being the Power most interested,
and the nearest, by the Havana, to the scene of
operations.

Under the head of " Latest Intelligence" La
Patrie publishes the following :
" The Marquis de Moustier left Vienna on the
sth inst. to take possession of his post as Ambassa-
dor at Constantinople. The Duke de Gramont, who
succeeds M. de Moustier at Vienna, had an audience
of the Emperor of Austria on the 3d, when he pre-
sented his credentials as French Ambassador at
Vienna."

La Patrie says :
"We believe we znay state that the ordinary
session of the Senate and of the Legislative Corps
will open on the 15th of January. In this previ-
sion all the Ministries are actively occupied with
the draughts of bills to be presented to the Cham-
bers during the Session. The Council of State has
already received communication of the draught of
the Budget for 1863."
BOURSE, Nov. 6.—The market, since the termi-
nation of the settlement, has acquired considerable
buoyancy ; buyers come forward freely, and prices
consequently improve. Threes, for the account, are
now at 68f 550. Railways also firm.
The following were the last quotations :-
41. per per Cents ... 95 90 Credit Foncier
Do. end. month.... 96 ! Belgian 4t..
3 per Cents
Do, end month 6B 601 Roman
Bank Shares 2910 I Austrian
Credit Mobilier.. „ 722 50 Spanish Threes 4B 50
Do. Account 725 Home Debt

RAILWAYS.
Cash. Account.
Orleans 1330 .. 1332 50
Northern
New ditto 902 50 .. 903 75
Lyons and Mediterranean 1032 50 .. 1035
Geneva 347 50 .. 348 75
Southern 640 .. 642 50
Western
Eastern
Sardinian
Austrian
Lombard 531 25 .. 532 60

MUNICIPAL ELECTIONS,BDINBURGIL,

--T

At Edinburgh the elections have turned upon a
very extraordinary question, and their result has
been to give the death-blow to a scheme for creating
an artificial bankruptcy, in order, it was hoped, to
get rid of the Annuity-tax. The Lord Advocate's
Bill of 1860, which reduced the tax to nearly
one-half, abolished the privileged exemptions, and
diminished the number of the clergy, has not satis-
fied the voluntary agitators of the city, who, after
years of negotiation for compromise, have now
stood out for total repeal. A majority of the Town
Council had opposed the measure in the shape of a
Bill, as containing some unsatisfactory provisions,
but on its becoming law they took the necessary
steps for carrying it out by imposing the pre-
scribed assessments and signing the bonds for the
clerical stipends. A section of the Council, how-
ever, were still disposed to resist the Act, as they
had resisted the Bill, by voting that the provisions
of the statute, notwithstanding their peremptory
character, should not be complied with. In Sept.,
the usual period for fixing the year's assessments, a
resolution by Mr. Duncan M'Laren, not to impose
the taxes required under the Act, was lost (in a
thin meeting of the Council) only by 17 to 14. This
proposal gave the keynote to the November elec-
tions, in which the question actually came to this,
whether the town should meet its signal obliga-
tions under the clerical bonds. The Act prescribed
that, should these bonds not be paid, recourse might
be had to the law courts, which would appoint a
receiver of the'own's revenues and property in
behalf of the clergy, the city creditors, under the
bankruptcy arrangement of 1838, having also the
remedy ; and the only response, by way of argu-
ment, was that Parliament would thereby see the
determination of the ratepayers, and would be com-
pelled to abolish the tax. Another mode of resist-
ance has been adopted in the refusal to pay the
rates, about one-twentieth part (chiefly payable by
the smaller classes of ratepayers) having this year
failed to be collected. Out of 13 wards in the city
and 16 vacant seats five wards and seven seats were
contested. In all these five wards the repudiation
party have been defeated, and in only one—the
Canongate—was there a close run. Those council-
lors whose seats were assailed for compliance with
the Act have been returned by majorities averag-
ing two to one, while those now candidates put
forward to carry out the Act were also returned by
sweeping majorities. Mr. Charles Lawson, a
seedsman, replaces Mr. Duncan M'Laren in the
Council without a contest, and Councillor Mood,
one of the curators of the University patronage, who
declined to vote on the assessment question, has,
along with Mr. Lille, been rejected by two to one.
and the seats have been gained by Mr, Lorimer and
Mr. Bryson, new candidates. Taking the whole
results of the elections, there is a gain of at least
four to the moderate party in the Town Council,
along with the gain of all the challenged seats.

TBIS DAY'S MARKETS.