The Sun.
London, England, 1850-10-05 00:00:00

THE FRENCH REPUBLIC

We have received the Paris journals of yesterday.
Almost every other political subject of interest is
forgotten in the excitement caused by the studied
insult lately offered to the PRESIDENT of the Republic
by General CHANGARNIER. The abrupt departure of
that officer from the plain of Satory in the very midst
of the review seems at length to promise an open
rupture between himself and Louts NAPOLEON.
Much indignation is expressed by certain parties at
the flagrant but petty bribery practised by the latter
towards the army indiscriminately. After each of
the reviews there are not only supplied to the privates
and officers, with and without commissions, cold col-
lations, but each man has his bottle—nin ordinaire for
the rank and file, for the officers champagne, and,
in addition to this, cigars of excellent quality are
liberally distributed, and on the completion of the
banquet, or rather, we should call it, the unceremo-
nious jollification, the Panics in person decorates a
select few with ribbons and crosses. The 4th Regi-
ment, which called out " Vive le President !" was
sent to Lille ; and the 62d, which shouted " Vive
l'Empereur !" retained in the capital. Still, while it
is but wise to watch these things vigilantly, it must
be remembered that Lents NAPOLEON has, ever since
his election on the 10th of December, acted with
uniform loyalty to the Republic, and again and again
proclaimed his allegiance to the republican institutions.
Masses still continue to be said throughout the
country for the repose of the soul of the late ex-
King LOUIS PHILIPPE.
Yesterday M. POITEVIN hovered over the Boule-
vards, riding on an ostrich, which swung from a
balloon.
M. TRIERS had arrived in Paris from Germany.
M. PER/IGN r bad also returned to Paris from
London.
M. METERBEER has recently arrived in the French
metropoli3.
Monsignor FRANZONI has arrived in France. Last
night news was received that he had reached Brian-
(;on, in the department of the Hautes Alpes.
M. COCEIELET, Consul-General of France in Lon-
don, has been appointed one of the Commissioners for
the arrangement of objects in the French compart-
ment of the London Exhibition.
A paragraph in the Constitutionnel contradicts the
statement, of the death of tvl. FREDERICK BASTIAT,
mentioning that his journey to Pisa has been taken at
the advice of his physicians.
A decree of the PRESIDENT of the Republic appears
in the Moniteur, conferring the decoration of the
Legion of Honour on M. ANIADEE MARE, director of
the Paris and Orleans and Vierzon Railways.
According to Galignrzni, a courier had actually left
the capital for Turin with dispatches strongly repre-
hending the conduct of the Sardinian Government.
The following note, communicated by the Minister
for Foreign Affairs, is published by the Patric and
the MOniteur dzt Soir

" Seieral journals of this morning contained, relative
to the incident at Pernambuco, assertions which are
wantinz in exactitude. All the measures of satisfaction
which the French Government was entitled to and bound
to apply for have bell) demanded from the Brazilian
Government, and the French Government has every
reason to believe that they will be accorded. Besides,
no news has yet arrived from Rio Janeiro later than that
received from Pernambuco."

The privilege of the Theatre Italien was yesterday
transferred to the hands of Mr. LUMLEY, the director
of her Majesty's Theatre in London, on the special
recommendation of the Commission des Theatres, to
whom the situation of the Italian Opera had been re-
ferred by Government with a view to its re-establish-
ment in the state of eminence and prosperity this
elegant theatre enjoyed previous to the revolution.

the,Ordre makes a violent attack on Prince Louis
NAPOLEON; whereas the Pays speaks in the follow-
ing terms of the PRESIDENT of the Republic :
"In 1851 he will be indispensable. Indispensable, be-
cause without him France would fall back into anarchy,
and would lose the fruit of two years' efforts ; because
independently of him no government ispossible; because
the Socialists, the moderate Red Republicans, the Legiti-
matists, are not only incapable of preserving any go-
vernment, but even of arriving at it for a single moment;
indispeasable, because he alone can be moderate without
weakness; and because his moderation, the effect of
strength, becomes in its turn a fresh cause of strength;
indispensable, because independently of him there are
only parties, and parties are only a negation; but a
country does not live on negation, and France desires to
live. All that is marked beforehand with the stamp of
logic; the principle of good sense will have it so, and we
have said that we know no other. As fatally as the
spirit of party has caused those whom it blinds to pass
by the triple stages of useless, dangerous, and impos-
sible, so incontestably Louis Napoleon, after having
been useful in 1841, and necessary in 1850, will become
indispensable in 1851. We do not think this truth a
novelty. There are few men in France who have it not
at the bottom of their thoughts. Many have not, per-
haps, yet expressed it to themselves; no one will dis-
avow it, and all will admit with us that, in the calm and
perfectly disinterested terms in which we expose it, it is
in reality what every ono desires."
The decline in the price of Government Securities
at the Bourse to-day had nearly assumed the appear-
ance of a panic, in consequence of the quantity of
Five per Cents. offered for sale for cash. The Five
per Cents. opened at 91f. 85c., rose to 92f., fell sub-
sequently to 91f. 35c., and closed at 91f. 40c. ; the
Three per Cents. closed at 561. 45c. ; Rouen, 6111.
25c. ; Havre, 242 f. 50e. ; Great Northern, 4601.;
Avignon, 1721: 50c.; Vierzon, 345 f. ; Paris and
Strasburg, 3371.50 c.; Tours and Nantes, 237 f. 50c. ;
the new Roman Loan, 7EO•

BUSINESS DONE IN.FOREIGN RAILWAYS ATTHE
LONDON STOCK EICEIA.NGE, OCT. 4.
Boulogne :and Amiens, B%—Central of France (Orleans

and Vierzon), 134—East Indian, 914—Namur and Liege,
77i—Northern of France, I4A—Orleans and Bourleaux,
21Aa Paris and Rouen, 2446 Rouen and Havre, 10N—
Sambre and Meuse, 214.