The Sun.
London, England, 1850-05-28 00:00:00

GERMANY.

A Vienna letter of the 19th says:—" Yesterday
appeared the budget of the last year, that is from Ist
November, 1848, to Ist Nevember, 1849 ; it shows a
deficit of 140,000,000 florins. Nevertheless it has not
produced an unfavourable impression either on the
Stock Exchange or on the public, and especially because
the detailed figures show that it was a gigantic task to
keep the public finances afloat on the stormy sea, which
threatened to swallow up the State. The Minister of
Finance justly remarks in his report, that the end of
the year 1848, having been signalised by the taking of
Vienna, and by the retreat of the army of the Hun-
garian insurgents, it was necessary in 1849 to carry on
war both in Piedmont and in Hungary ; that the latter
country especially demanded the greatest sacrifices,
from the fact that in addition to the vast army of Austria,
there had to be maintained masses of Russian troops ;
that the Treasury thus had at its charge 900,000
troops native and foreign ; whilst so far from afford-
ing the slightest revenue to the State, Hungary and
Transylvania were exhausted by the Hungarian re-
volution, and the other provinces which remained
faithful were so borne down in their commerce
and industry that they could not be unreasonably
taxed. It results, moreover, from the report
that the deficit has at least diminished, inas-
much as after having been on an average
12,000,000 florins par month in 1849, it fell in Ja-
nuary, 1850, to 5,000,000 florins, although the new
taxes had produced little or nothing. It is to be re-
marked, moreover, that the budget of Hungary and
Transylvania only partially figure in the returns—the
former from Ist May, the second from Ist August ;
and that the budget of Croatia, of Slavonia, and of the
Wayewodla are not included at all—those provinces
having occasioned expenses without yielding receipts."

ITALY.
The King and Royal Family of Sardinia set out
for Savoy on the 20th, from their villa of Moncalieri.
On entering that province, the King issued the fol-
lowing proclamation :
"Inhabitants of Savoy!—ln coming among you, I
realise one of the fondest wishes of my heart. There
exists between us an ancient covenant, sealed by
eight centuries of honour, loyalty, and reciprocal lore.
Neither time, nor revolutions, nor disasters have
been powerful enough to shake it. We have a right
to be proud of it, and I must declare to you it
does make me proud and happy. As a witness of the
brilliant valour of your soldiers on the battle fields of
Monzmbano, Pastrengo, St. Justine, St. Lucia, and
Volta, I have renewed this covenant under the fire of
the enemy; with your children, my brethern in arms. I
noble
the devotedness
now come to renew it with their fathers, with you,
who, menaced in your very homes by a senseless at-
tack, at a moment when the call of honour had
deprived you of defence, made the aggressor pay
dearly for his foolish presumption.' Inhabitants of Sa-
voyl bring you my son,th he may learn from such
examples,
of
fnd that he may
and loyalty of
this great.truth I
kin the people is the reward of the justice
examine your with kings.
shall listen
as I myself am with
.tilizsten to
.your applications, and
the state may wants,
oppsel no obstacle to the accomplish-
ment of your wishmes; Wben I shall again leave this
the desire that the interest of
aahallel ceafrry with family,
metl to return to my royal
danutciieesn,tlers
e certainty that I can rely
rely upon me. Our in-
stitutions,upon you; as for you, you maoyu
as well a's br tett'.
Wispeiroonitecatnedd
valour
ylothure
are safe from alfdan
our independence
Let us by our
the
o.ur fathers,
of faith
m yo of
peoples, m y oath,
ilygviclene.
virtues, our devotedness to the religileornt.
highest, the
and our love for our country, deserve
most powerful of protections, that of Dilen3et
" VICTOR
Letters from Turin of the 22d inst. state ;hEatth
Chamber of Deputies was still engaged in discussing
e
the estimates of the Foreign. Department, all the re-
ductions in which had hitherto been rejected. The
Piedmontese Gazette announces that the Governor of
the island had given a brilliant entertainment to Aly
Bey, captain of the Turkish frigate that conveyed to
Sardinia the Italian refugees, who escaped from Hun-
gary into Turkey.
The Concordia of the 22d contains the following,
under the head Venice :
"Public attention is entirely directed towards France
and the menacing attitude of Russia. Everybody is
anxious to see that agitation which now pervades
i Eu-
rope promptly appeased, and we have just heard t re-
ported that an arrangement has been concluded which
would satisfy the Legitimatist, Orleanist, and Bonapartist
parties: According to that rumour the Duke of Bor-
deaux is to become King of France, the Count de Paris