The Sun.
London, England, 1850-05-29 00:00:00

THE FRENCH REPUBLIC.

We have received the Paris journals of yesterday.
The second article of the electoral law, depriving
all electors of the suffrage who have not lived in the
same domicile for three years, was passed yesterday.
By this clause, if the PRESIDENT of the Republic were
to remove to Versailles, he would lose his vote ; every
young man who marries, and quits his father's house,
is by this clause disfranchised for three years, as is
every workman, for the same period, who quits one
master to enter into the service of another. The idle,
the skulking, the sloth, who vegetates in his native
village, his body the property of his landlord, his
soul the slave of his priest, has the franchise ;
while the industrious, the striving, the enterprising,
the man who quits his native village to better his
condition, is deprived of it. -M. TRIERS, had this
clause been always the law, would never have had
the franchise until long after the time he became Mi-
nister of State.

It is said that General CHANGARNIER having been
called on by the PRESIDENT of the Republic to offer
explanations as to his conduct in ordering the colonels
of regiments to take orders only from himself, and to
disobey any they might receive from the PRESI-
DENT of the Republic or the Minister of
War, protested his fidelity to the PRESIDENT,
and entered into divers explanations, to which
the PRESIDENT listened with great calm-
ness ; at the conclusion General D'HAETPOUL
was sent for, and withdrew his resignation of the
Ministry of War, although there is still a coolness be-
tweenhimself and CHANGARNIER.

M. NAPoLEoN BONAPARTE had an interview with
his cousin, the PRESIDENT, on Monday, and repre-
sented to him the danger he was placing himself in
by surrounding himself with Legitimatists and Or-
leanists, who were enemies to the very name of
Bonaparte ; he more particularly alluded to the
Praetorian band of General CHANGARNIER, who has
recently selected 5,000 men, devoted to his person as
a Gendarmerie Mobile, and suggested that CHANGAR.
NIER should at once be got rid of at all risks, and an
appeal made to the country on the electoral law.
The PRESIDENT admitted the difficulties and the dan-
gers which had been pointed out, but was silent on
the subject of the course to be adopted. It is gene-
rally known that the PRESIDENT disapproves of the
electoral law, but submits to it as a measure forced
on him by the majority.
The National says—" A letter from the Comte DE
CirestuoßD, solicited by M. BERRYER, orders the
feudatories of legitimacy to obey the injunctions of
the commission of the seventeen. The son of the
prisoner of Blaye orders his faithful subjects to place
themselves under the orders of M. TRIERS."

It is said that a coup clitat will be attempted on
the passing of the electoral law, and that the present
Assembly will declare itself competent to revise the
Constitution ; that a stringent law on the press 'will
be introduced, and that the stringency of the passport
law will be greatly increased.
A Cabinet Council was held yesterday on the state
of relations with England ; a warm discussion en-
sued, no decision was come to, but the opinion in
favour of a return to good relations with Eng-
land seemed to prevail. It is said that General DE
LARITTE will be transferred to the War Department,
his " crass " ignorance of the ordinary usages of
diplomacy rendering him utterly unfit for his present
appointment.
The Assembly was yesterday occupied in the dis-
cussion of the third article of the electoral law.
PARIS BOURSE, TUESDAY, MAY 28.
The market has remained without much fluctuation
throughout the day at about the closing quotations of
yesterday. Threes for the account were last called at
56f. 45c., and Fives at 901. 75c. The market closed
as follows:—Threes, for cash, 561. 40c., for account,
56f. 45c. ; Fives, for cash, 90f. 75c., for account, 90f.
75e.; Bank of France Shares, 2,1501.; Spanish Threes,
38f. 50c.; Neapolitan, 96f. 50c.
RAILWAYS.—The Share Market has been rather
heavy, with, however, but a trifling alteration in quota-
tions. Orleans closed at 737 f. 50c.; Rouen. 52514
Havre, 217 f. 50c.; Avignon, 173 f. 75c.; Vierz ,n, 3301.;
Bale, 103 f 75c.; Northern, 4311.25 c.; Paris and Stras-
burgh, 326 f. 25c.; Nantes, 220 f. Montereau, 95f.; Bor-
deaux, 390 f.

WEDNESDAY EVENING,

MA Y 29, 1850.

been presented to King BOMBA. from Lord PALMERS•
TON, demanding 300,0001. as a compensation for
damages done to British property during the bom-
bardment of Messina. King BOMBA, it is said, offered
half the money down, and to convert the other half
into a public debt. The English Minister consented
on condition that the debt should be recognized by
" the Constitutional Chambers of the kingdom." "The
Chambers will have nothing to do with it," said the
KING, "as I shall abolish the Constitution and be
absolute master in my kingdom."

ROLLS' COURT.—(THIS DAY.)
The Master of the Rolls sat in his court at West-
minster to-day, and after disposing of the remaining
Petitions on his paper, proceeded to hear the further
arguments in the part-heard case of Meddowcroft v.
Campbell, which occupied the remainder of the day.

VICE-CHANCERY.—(THIS DAY.)
(Before the VICE-CHANCELLOR Of ENGLAND.)
ER UNOW V. FENTON.— JUDGMENT.
His HONOUR gave judgment in this case to-day,
ordering the injunction to be dissolved with costs.
WERT V. JONES.
The further arguments in this part-heard case occu-
pied the Court the whole morning.
(Bcforo the Vice-Chancellor KNIGHT BRUCE.)
His HONOUR heard bankrupt petitions to-day, but no
case of any public interest came before him during the
morning.

QUEEN'S BENCH.--(THIS DAY.)
(Sittings in Banco, before Lord CAaIPBFLL and Justices
PATTESON, COLERIDGE, and ERLE.)
THE QUEEN V. THE CALEDONIAN RAILWAY COMPANY.
This case was part heard during lai.t Easter Term,
and at the suggestion of the Court it was postponed in
order to enable the parties to settle the matter in dis-
pute between themselves, if they could. The real plain-
tiffs are the corporation of the city of Carlisle, and the
matter at issue between them and the Caledonian Rail-
way Company is, that the company, in carrying the rail-
way into the city of Carlisle, had departed materially from
their plans and sections, which they deposited with Par-
liament, especially at a place called Irish Gate Brow, in
the vicinity of Carlisle, whereby they had greatly marred
the beauty and convenience of one of the principal ap-
proaches to that city.
Mr. MARTIN this morning reminded the Court that
the case stood over from last term to afford the parties
an opportunity of coming to an arrangement, and stated
that the parties were to have a final meeting on Thursday
next, and he hoped their Lordships would not be troubled
again with it.

Lord CAMPBELL said it would have saved the Court
much trouble if that intimation had been given to them
sooner, because they had given a very great deal of time
to the consideration of this very complex cafe, which
they might have been spared bad they known that it
was to be withdrawn from the court.

BAIL COURT.--(THIS DAY.)
Mr. Justice Wightman sat in this court to-day, and
heard motions, but nothing of the slightest interest came
before his Lordship.

SECONDARIES'.—(THIS DAY.)
(Before Mr. Secondary POTTER.)
BUCHANAN V. KELLY.
This was an action to recover the sum of 3/. on a
promissory note. Defendant pleaded that he did not
make the note.
Mr. Beard, clerk to the plaintiff, proved the defen-
dant's handwriting. The note was payable by instal-
ments of 1/. per month, and one instalment bad bean paid.
A verdict was given for the amount.
This was the only case.

SURREY SESSIONS.-(THIS DAY.)
Louisa Barclay, a tall, fashionably-dressed young
woman, surrendered to take her trial for stealing at
Newington a gold watch and chain, from the person of
William Gimber.

Mr. Payne prosecuted; and Mr. Charnock defended
the prisoner.

MONEY and COMMERCIAL NEWS

CITY, TW 0 O'CLOCK.

The sales of Cotton at Liverpool yesterday were esti-
mated at 7,000 bales, of which 1,000 American, 400
I'ernarn and Maranham, and 1,000 Surat, were taken for
export, and 1,000 American and 500 Surat on specula-
tion. The market closed firmly,—ln Railway Shares
there was a decided improvement in the quotations.
This being the " Derby day," there are no public sales
of Colonial Produce in Mincing-lane.
The Stamp Duties Bill is opposed in the City as
strongly as ever, and the plan that seems in most favour
is an uniform charge of one-half per cent. on Transfers
of Shares, &c. The London Stock Exchange Committee,
i❑ their _memorial to Parliament, state very fairly that
the shares of public companies, although for all pur-
poses of conveyance they are treated as real property,
are yet in the event of death brought under the deno-
mination of personal property, and, as such, made
liable to probate and legacy duties. A decided reduc-
tion of the existing imposts would, as they contend, be
in better accordance with the present economical policy
which recognises the rule that extreme rates of duty
defeat the object intended, whereas under the new Bill
there would to a positive increase of 60 per cent.,
taking the average of the stamps now in use.
It is felt as a particular hardship that railway shares
which pass so frequently from hand to band, should be
subjected to an augmented tax, and we have little hesi-
tation in asserting that not one-half the speculation,
and consequent ruin to individuals, would, have arisen
if the toad fide purchase of shares were accelerated.
Aare that mere is great expense as well as some delay
and trouble in making an actual transfer, people sell for
time, trusting to the chapter of accidents to bring down
the market value of the property which they wish to
depreciate. If a mere nominal stamp were required,
the I.cceptance of shares by real purchasers would be so
constant as to give an immense amount to the revenue,
and uniformity of charge would be all important. The
new stamp is quite opposed to recent legislation in other
matters, being restrictive, not relaxing.
The Continental advices are tolerably favourable. At
Amsterdam there was a firm market for Dutch Two-
and-a-Half per Cents., which were 55 3-16. Spanish
Bonds were lower. At Frankfort, on the 25th inst.,
Austrian Metallics were 761-.
A steady business has been done in Public Securities,
and the prices are again rather higher. A large number
of the members are absent at Epsom. Consols have
realised 96-k to for Transfer and Account. The New
Three-and-a-Quarter per Cents, are 97 to I, and the
Three per Cents. 95f to Bank Stock has peen 2064
to 2071. Exchequer-bills are 68s. to 71s. premium.
The Foreign Securities have been firm, though very
quiet. Spanish Bonds are merely nominal. Mexican
have touched 301 Belgian Four-and-a-Half per Cents.
are 861, and Dutch Two-and-a• Half per Cents., 56i 4.
The Railway Market is decidedly " gay," and shares
are scarce. North-Western, Great Western, Midland
and the smaller lines are all higher.

QUARTER TO THREE.
Consols ... 961
Ditto, Account, June 12 ... 961
BRITISH FINDS THIS DAY AT ONE O'CLOCK.
(From the Official Lira.)
Bank Stock 207 2071/2.206% 207%2

S per Cent. Reduced Annuities .. *4 Is 41
$ per Cent. Consols Anna
New 34 per Cent. Anas. 97 97%8 L,‘
Long Annuities. Exp. Jan. sth, 1860 BI,E 8 3 -16
India Bonds under I,oool_
Consols for Account 961/sl/041%
Exchequer Bills. I Ihd. 24.

IlaiCk.

1,060/.
5001 ...
Small

June.
68 71 p
68 71 p
68 71 p

ONE • CLOSING
PRICES OF BRITISU FUNDS O'CLOCK. PRICES.
Baia btock
3 per Cent. Reduced Anna 951/s 14 :.i 95 %
3 per Cent. Consols Annuities........ 9614 VB% 9614
Sew 31i per Cent. Arms... ............ 97 97% L. , 9714
Long Anns. to expire Jan.1860
Ditto 30 years, Jan. 5, 1860. 8 7-16
India Bondn, I,OOOL —
Ditto under 1,000/.. 9O p 87 p
Consols for Account ..... ... 961/814,04, 96A
T.xchequer. Bills.
___
__ 11,4 d. Zs 2d
1,000/. June 6B 71 p
500/. June - ... 68 71 p
Small. June 6B 71 p