The Sun.
London, England, 1850-05-08 00:00:00

THE FRENCH REPUBLIC.

We have received the Paris papers of yesterday.
The courage of the reactionaries fails therm just as
the time for action arrives, and it is announced that
already, even before it is presented to the Assembly,
the Electoral Bill has. undergone several important
modifications. As was well observed by one of the
Democratic papers, when the subject was first mooted,
this new proposal must be either a niaiserio or a
violation of the constitution, and, after having drawn-
' it up as the latter, the committee, taking counsel of
discretion have diluted it down into the former, not-
withstanding the fanfarronade of the Duke of MoN-
TEuaLLo (who was M. GUIZOT'S Minister of
Marine) that he would not have the slightest
besitatation in violating the constitution if it
should become necessary. M. LEO DE LABORDF, M.
DE LA ROCHEJACQUELIN, and the more exalted mem-
I bers of the Legititnatist party, are opposed to any in-
terference with universal suffrage. Generals CAVAIG-
NAC aid LAmosticutim and M. DUFAURE will not
consent to any violation of the constitution, neither
will MM. ODILON BAREOT, DE TOCQUEVILLE, and the
party with which they act ; the chances, therefore, of
the passing of any measure calculated to essentially
modify universal suffrage are very small, and to the
committee will be left the odium and ridicule of hay-
ing exhibited a desire to violate the constitution, and
I at the same time of having lacked the courage or the
ingenuity to devise a measure capable of effecting
their object. The PREISIDBINT of the Republic exhibited
' his usual prudence when he consented to the exclusion
of every one of his personal friends and partisans from
the committee ; the ridicule and the odium will now
fall exclusively upon the " Burgraves " of Orleanism
and Legitimacy, who have suffered themselves to be
completely out-maneau.vred.

The Cinstitutionnel openly advocates the prolonga-
tion of the power of the PRESIDENT for ten years, a
proposition which will be vehemently opposed by the
Legitimatists, as they consider it an Orleinist trap
to gain time for the coming of age of th• Comte DU
PARIS, whose chances of success, however, do not ap-
pear to be very promising. Thee great majority of
Frenchmen feel towards him as does M. DE LAMAR-
TINE, who, in bis recently published castigation of
CROKER, the English Quarterly Reviewer, says—
" I owe no dynasty to any one. I will say more—l,
who had never disavowed my respectful reminiscences
fJr the child proscribed in 1830, if a dynasty had been
in my gift, it is not to the illegitimate branch that I
would have restored the vacant property of a throne."
The Electoral Bill will be presented to the Assem-
bly on the 7th or Bth.
The state of Paris is most /satisfactory, notwith-
standing the attempts of the reactionaries to get up a
panic. Strangers continue flocking into the city, gay
parties are given, the shopkeepers are doing well,
bread is cheap, employment is plenty, and-wages are
good, and yet M. EUGENE Sun is Member for Paris ;
the fact is, the reactionaries have so often raised the
cry of wolf, that at length no one attends to them.
Letters have been received at Toulon from the
French fleet at Naples to the 22d ult. The Volney
ship-of-the-line had arrived there, and there was no
appearance of the return of the fleet to France.
PARIS BOURSX, MAT 7.---Latest Prices—Five per
Cents., 88f. ; Three per Cents., 54f. 70c.; Bank of
France, 2,070 f.

'We read' in the Journal des Debats :—" Our letters
from California announce a painful event. In a
country in which legality in scarcely yet established,
and in which all the nations of the earth have numer-
ous representatives, each man has felt the necessity
of joining himself to his fellows, to those who speak
the sane language, and have the same interests. The
French, who are from 3,000 to 10,000 in number,
have assembled on the banks of the San Joachim and
the Stanislas, places which are eminently favoured,
and in which they have discovered very considerable
deposits of gold. This circumstance caused the
jealousy of the Americans, who, pretending to be the
absolute masters of the soil and of all it contains, at-
tempted to drive there away. A combat, a veritable
battle in fact ensued, and a great number of persons
lost their lives on both sides. The victory, however,
was with our countrymen.
At 'the sitting of the. Assembly yesterday, M.
DELESSERT brought up the report of the committee
on the Paris election. and M. EUGENE SUE was for-
mally proclaimed representative of the people.
111US1NESS DONE IN FOREIGN RAILWAYS AT TH
LONDON STOCK-EXCHANGE, MAY 7.
France,Boulo 1214. Boulogne d Amiens, 6—East Indian, il/4—Norther.n of

SPAIN.
Madrid journals of the 2d have been received.
The courier bringing the reply of the British Ca-
binet to the proposals for the resumption of diplomatic
relations, had arrived in Madrid on the preceding
evening.
The Bolsa was closed on the 21

GERMANY.
Advices have been received from Berlin of the 3d.
The President of the People's Chamber at Erfurth
had an audience of the KING on the 2d, and it is
supposed that the Government of Prussia will not
raise any objection to a revision of the Constitution,
neither will the Governments of Thuringia or of
Weimar. Prussia will not consent to the revival of
the state of things abolished by common consent, in
1848, or to the assumption by Austria of the Presi-
dency of the Diet convoked by the Austrian Midistry
at Frankfort. The Congress of the Union will open
At Gotha on the 15th, and will be attended by all the
Members of the Union of the free towns, and by the
King of SAXONY. The King of PRUSSIA. has been
invited to be present.
The Constitutionnel 'says • that Bavarid intends to