The Sun.
London, England, 1850-12-30 00:00:00

LONDON, MONDAY EVENING, DECEMBER 30, 1850,

President declared that the arrest was legal, the
Constitution of 1848 not having reproduced the
provision of the Charter of 1830, by which members
of the legislative body were protected from arrest
(luting the session, and for six weeks preceding and
following it. On Saturday M. DE LAROCHEJAQUE-
LIN brought: the matter under the notice of the As-
sembly and denounced the arrest of M. MAUGUIN as
a gross breach of privilege. Acting under the
advice of M. DUPIN, the President of the Assembly,
he addressed interpellations to the Ministry on the
subject, contending that inasmuch as at the time of
the enactment of the Constitution,inlB4B, imprisonment
for debt was abolished, it was impossible that the
Constitution could provide for protection against that
which was non- existent, but that the Assembly, when
it re-enacted that law, must be taken to have also re-
enacted the exceptions. M. ROUHER, the Minister
of Justice, opposed the liberation of M. MAUGUIN,
and was replied to by M. VATISMENIL, whereupon M.
DE LAROCHEJAQUELIN moved an order of the day
motive, ordering, in the name of the Assembly,
the immediate liberation of M. MAUGUIN,
and this motion, notwithstanding the opposition
of the Ministry, was carried by an over-
whelming majority, Republicans, Tiers-parti, and
Legltimatists all uniting in a vote against the
Ministry. M. Dorm immediately signed an order
for the liberation of M. MAUGUIN, and dispatched
it by the principal usher of the Assembly to Clichy.
This first direct collision between the Assembly and
the Executive will speedily he followed by another,
on the subject of M. YON, who still maintains the.ac-
curacy of the informations he gave to the Com-
mittee of Permanence lon the —subject of the plot
of the Rue de Saussaies, and who is supported by M.
Durnt. The following " communicated" note, v, hich
appears in the Patrie, proves that this affair of M.
YON is likely to become very serious :
" M. Yon yesterday reproduced before the Correc-
tional Tribune of the Seine, affirming that he gave credit
to it, the declaration of Allais that he had been received
at a private audience by the President of the Republic.
This assertion is completely false, and is a fresh and
odious calumny. The President of the Republic has
never seen Allais."

The same journal says :
" Tho journals of this morning announced that the
bureau of the Assembly had met yesterday to deliberate
on the question of dismissing or retaining M. Yon. This
is an error. The members of the bureau met, in fact;
but only the question of adjournment was discussed, and
this was decided in the tflirmative. Now that the Tri-
bunal of Correctional Police has given its sentence in
the affair of Allais, it was supposed that the bureau
would no longer delay its decision; but we are just in-
formed that it has been postponed to Sunday, and that
eight members of the Bur.,,au are of opinion that M. Yon
should be maintained in his functions as commissary of
police of the National Assembly."
The Ministry demands the immediate dismissal of
M. YON ; and M. CARLIER has dirt oted the Sergens
de Ville not to obey the orders of M. YoN. The
Assembly treat it as a question of privilege, and their
decision in the case of M. Ma UGUIN proves how cer-
tain the Minister is to be defeated in any attempts he
may make to curtail those privileges ; when we con-
sider, moreover, that ere long a fresh demand must
be made from the Elyti-3 for money, and the neces-
sity, therefore, that exists for keeping the majority
in good humour, the probabilities certainly are that
ere long a change of Ministry, involving the retire-
ment of MM. BAROCHE, Rota-IER, and CAIILIER,
must take place.
ALLAIS has appealed against the decision of the
Court against him.

Thts following from the Siècle shows the effect
produced on the French Money Market by the recent
proceedings of the Bank of England
Much astonishment has been felt in the financial
world that England should take a resolution directly
contrary to that r.f France for the sake of preventing an
exportation of gjld. The determination taken by the
directors of the Bank of England has been induced by
the large exportation of gold into France by English
speculators and merchants, who have been buying
eagerly French goods, and particularly railway shares.
These speculators hoped that by subsequently throwing
those very goods end shares upon our market to obtain
back a larger quantity of gold owing to the depreciation
they expected to cause in the value of gold, and the
consequent rise in the price of all articles. It is owing
chiefly to this cause that there has been such a quan-
tity of gold sent lately to the Mint. Already has the
measure of the Bank of England produced an effect, fur
within the last two days the exchange on London has
been returning to its former level. Paper on London is
becoming more scare-, which is a sure indication of the
approaching diminution of English sovereigns in our
market."

We find the following remarks in the Constitution-
:eel on the gold question :
" Two measures which may interest us at the moment
when the question of the gold coinage is agitated in
France, have just Lem adopted, or are on the point of
being so ; the one in Belgium, and the other in England.
The first, voted by the Chamber of Representatives, and
at present before the Senate, is the removal of gold
from circulation, and the suppression of the legal cur-
rency of French coin in Belgium. What consequences
may result to us from this ? Evidently none of a very
serious nature. The removal of gold from circulation in
Belgium will only throw the precious metals into com-
merce to the amount of 14 millions. As to our gold coins,
the quantity in circulation is Belgium will be sensibly
diminished by the suppression of their legal currency;
their value beirg guaranteed by the French Government,
the Belgians who use them have no loss to fear, and they
moreover understand that they will be more useful to cir-
culation when Belgian gold shall be withdrawn. The other
measure to which we allude is t'aat recently adopted by
the Bank of England—the raising of its rata of discount
from 2i to 3 per cent. Whilst the continental nations
are alarmed at seeing the influx of gold into their states,
England, on the contrary, seeks to prevent its exporta-
tion. From the accounts given by the English journals
it appears that the value of gold bullion in the cellars of
the Bank, which was last week 16,037,6901., has de-
creased to 15,820,0001.—a diminution of 2 17,560/. in
only eight days. The advance in the rate of discount
has no other object than to stop this exportation. The
state of the gold market presents at this moment a per-
fectly exceptional character; it arises from the unusual
fall which has taken place in the exchange between Paris
and London. Within the last few days ,it has been so
law as 24f. 80c., or $OO. below par; hence the profit
which French merchants and capitalists derive from
getting themselves paid in sovereigns, which they im-
mediately convert into 20f. pieces. The rise which has
since taken place in the exchange on London to 24f. 90e.,
had for result to reduce the profits of this operation, and
the measure of the Bank of England will tend to a fur-
ther rise."

M. LACLAUDURE has presented the following
amendment to the proposition of M. D'OLIVIER, for
the observance of Sundays and Ake days :
" Whereas, if it is just to grant to the daily workman
a day's rest in the week, it is also just and conform-
able to the principhs of morality and religion to take
precautions to prevent the workman and his family
from being exposed to die of hunger during that day's
rest. The undersigned proposes to add to Art. 1 of
the Bill the following amendment All workmen
by the day shall receive, for his day of rest, the
same pay as he receives in the week for his day':;
work.'

We find the following in the Pregse:—" M. DE
MONTILEMBERT, who at first formed part of the
Parliamentary Club, recently founded by M. MODE,
has just withdrawn himself from it. His retirement
is attributed to some differences of opinion on ques-
tions connected personally with the PRESIDENT of the
Republic. M. DE MOOSTIER, the father-in-law of
M. DE MONTALEMBERT, continues to be one of the
secretaries of this club."

There was a considerable number of Bourse specu-
lators assembled in the passage of the Opera, but
there was no business transacted.
BUSINESS DONE. IN FOREIGN RAILWAYS AT TBE
LONDON STOCK EXCHANGE, Dac. 28.

Boulogne and Amiens, 834—East Indian, 12 —Namur
and Liege, B%—Nortbern of France, 15%—Orleans and
Bordeaux, 3%—Paris and Rouen, 27,4—Paris and Stras-
bourg, 9 —Rouen and Havre, 11.

caption of Baron PECHLIN, had arrived at Dresden on
the 26th. It is said that Prussia and Austria are
agreed as to the duality of the power, and that the
policy of VON DER PFORTDEN, the Bavarian Mi-
nister, is losing ground. MANTEUFFEL and SCLIWART-
ZENBERG were to leave on the 27th for Berlin, where
they were expected to arr've on the 28th.
On Christmas-day the Holstein agent, Count RE-
VENTLOW. FARVE, bad audiences of Prince SCnWAR-
ZENBERG and M. VON DER PFORDTEN. He was in-
formed, it is said, in unequivocal terms-1. That
further resistance to the demand made for disarma-
ment could only be regarded as a breach of the laws
of the Confederation which could not fail to produce
serious consequences. 2. That the Austrian Colonel
GA BLENS, who had proceeded yesterday to
Cassel on business connected with the Austro-
Bavarian troops, had received orders to continue his
journey to Kiel for the purposepf communicating to the
Stadtholderate an order from the Confederation to
reduce its army to one-third, and that in the event of
resistance the joint commissioners, who are on the
eve of starting, would adopt such measures as cir-
cumstances might require. Count REVENTLOW is
said to have replied that Holland could not
pretend to oppose resistance to overwhelm-
ing force, and that he should write and
recommend submission, but could not answer for his
advice being attended to. M. VON DER PFORDTEN
is understood to have told Count REVENTLOW that the
sympathies of Bavaria were always the same; but as
two great Powers acting in the name of the Confe-
deration, had decided that the disarming should take
place, nothing remained for him but to say—amen !
The same opinion has been given by representatives
of small states.

TEE SHARE MARKETS.

BRITISH RAILWAYS

Railways.

Paid.

SO
8 6 8

13 14 0

100
17%

1 Nominal Prices.

178 6 8

6 13 4
6 13 4

1 1 0

8 6 8

2%
100

11 13 4,

47%
100
23%
11►%

15
11 6 3,

Business done
to-day.

10% 10 %
dia.

3 2%

17%
10% % IA

16% 16 %
13% 4

P
% die.

100
12 4
20
100

100
4234

25
7%

10% 11

55 56

19
12% %

17% %
Mi
12 % %

39% %

4 2 01

129 16 0

78 77% 78

68%
P

57% 58 57%
13
4% %

100
47%

6% X %

26 27

2 12 0

2% %

5 3
9 12 3

50
25
17%
7%

22%