The Sun.
London, England, 1850-11-28 00:00:00

THE SUN, LONDON, THURSDAY EVENING, NOVEMBER 2B, 1850

be invidious to particularize any where all are good
and beyond reproach ; and we should not even have
alluded to the names of Mr. MACGREGOR. or Ma.
OI,VEN, but that peculiar circumstances entitled those
gentlemen to the distinciitm.

It appears that the company is to be incorpora!ed
by royal charter, which will limit the liability of the
shareholders to the amounts for which they have
subscribed, and for which they may execute the
deed. There will be but 6,000 shares, of
201. each, with liberty to increase the en-
tire capital to 500,000/., so that all who desire
to participate in a mine of wealth, richer than any
contained in California, should make early application
for shares. It requires no extraordinary power of
vaticination to perceive that the shrewd and intelli.
gent capitalists of the metropolis will endeavour to
obtain some interest in an undertaking which pro-
mises a return of snore than cent. per cent., which
offers a clear profit of 11,9081. on an outlay of
11,7171. Any delay will, therefore, be fatal, and
prevent the possibility of the applications being ac-
ceded to.

It is no Russian or Austrian loan that is now
proposed, which, even if it offered ample security and
handsome interest, would still be applied to purposes
of which few Britons could approve. It is not to
rivet the chains of the gallant Magyars, or to per-
petuate the dismemberment of Poland, and pre-
vent that gallant but unfortunate country
from again attaining a place in the scale
of nations that the funds are required.
Every subscriber may lay his head upon his pillow
with a clear mind and an easy conscience. He may
reflect that while he is making his own fortune, he is
contributing to feed the unhappy people of Ireland—
that he is.aiding in the work of regeneration for his
own countrymen, who speak the same language and
acknowledge the same allegiance as himself—that he
is assisting in developing the extraordinary natural ca-
pabilities of the sister kingdom. There is no danger
of the material falling short. There are nearly
3,000,000 (2,830,000) acres of peat bog in Ireland,
all well fitted to the purpose. There is no risk of
undue competition. Mr. REECE'S discovery is pro-
tected by patent. There is an abundant demand for
the artieles to be produced, the only difficulty will be
to supply the market—it cannot be overstocked.
There is nothing, then, that can prevent the unquali-
fied success of the undertaking. Everything is in
its favour, and large profits must attend
the speculation to all who enter into it at its com-
mencement. We, therefore, earnestly commend the
project to the attentive consideration of our friends,
and the public generally, again cautioning them as to
the necessity of promptitude and dispatch. Let them
seize the ' golden opportunity, and be assured that
they will never have cause to repent of so doing.

THE FRENCH REPUBLIC.

We have received the Paris papers of yesterday.
The Assembly has fixed Saturday for the discus-
sion of the proposition of M. CRETON, for the abro-
gation of the laws of exile against the members of
the BOURBON family. This measure is supported by
the Orleanists, but not by the Legitmatists. The
gitimatist Union says :
The sitting of yesterday concluded be a grave in-
cident, M. CI Ceon demandiug to have the proposition
tending to abrogate the laws of proscription against
the exiled royal families discussed without ( slay.
Is the moment well chosen? That is what all
the men devoted to the union necessary for order can
decide. We think that M. CI icon ought not to have
sought to have his proposition discussed at present.
He has not perceived that he is about to create serious
difficulties—perhaps dreadful storms! The Minister of
the Interior opposed the pretensions of M. Cretan rather
mildly, but M. de Montigny, in the name of the Right,
declared that the proposition could be indefinitely
adjourned. We regret that such a course was not
adopted. In our opinion, the decision come to, to
discuss the matter on Saturday, is much to be regretted,
and if anything could compensate for that course, it
is the language of M. de Montigny, who was anxious
to prevent collisions dangerous for the majority. To
those who were willing to expose themselves to such
collisions, be the responsibility of their vete ; to our
friends, the honour of having repulsed them in a patrio-
tic and noble sentiment."
The Ordre, however, which is regarded as a prin-
cipal organ of the Orleanist party, approves of the
proposition. It says—
" We sum up for the moment the motives of the ap-
probation which we unhesitatingly give to M. CI Con's
proposition. Laws of proscription are odious when
their maintenance is not called for by manifest neces-
sity. Far from such necessity now existing, we con-
sider it useful and urgent to repeal them. If the
Republic could only be preserved by laws of exile it
could not live long, and would not be worth defending.
If it is in the wishes and necessities of the country that
it lasts, it will be an honour for it to allow those per-
sons who never have incurred either condemnation or
reproach, and who desire to serve their country, to re-
turn. If, in fine, in consequence of the terms of the
Constitution, or any other cause, the present President
of the Republic ceases to be eligible, or is wanting to
the nation, in 1852, other candidates of the majority
ought to be ready to be opposed with success to the can-
didates of anarchy. But it is known that in this coun-
try of monarchical traditions, it is not a reason for ex-
clusion from the functions of President to belong by
blood to the rocas which have reigned."
We read in the Debats—" The conferences on the
subject of the commissary of police of the Assembly,
between the Questors and the Minister of the In-
terior, having been broken off on Monday evening,
the former thought it their duty to submit to the
Assembly the following Bill :
" A commissary of police appointed by the bureau, on
the proposition of the Questors, is charged with the
police of the National Assembly. His salary and the
expenses of the police of the National Assembly are in-
scribed on the budget of the grant to the National As-
sembly. He cannot be dismissed but on the proposition
or on the advice of the bureau."

The conferences were resumed yesterday. The Minister
of the Interior is said to have announced that, "after
having taken the opinion of his colleagues, be intended
to address a letter to the President of the Assembly, in
which he should propose that the commissary of police
of the Chamber should be chosen from amongst the
other commissaries of police, and might be dismissed
by the bureau, in concert with the Executive Power.
It is hoped tht this solution will be satisfactory to all
parties."

Accounts from Bourges hive been received of the
election for the department of the Cher. There is
evtry probability of the return of N. BIDAULD, Hho
was one of the Commissaries of the Provisional Govern-

meat and of M. DUVERGIER DRHAURANN E; theo;•-
ganiza of the banquets which overthrew the
ORLEANS dynasty. The numbers, according to the
last accounts, were—
Bidauld
Duvergier de Hauranne 11,300
Pianchard (Orleanist).. . . 6,200
G uillet (Legitimatist)
The Assembly yesterday refused, by a majority of
437 to 194, to take into consideration General GRAM-

---
MONT'S proposition for transferring the seat of Go
vernment from Paris.

The Bourse was dull until towards the close,
when business became more brisk, and public secu-
ritks improved. The Five per Cents. opened at
911. 60e , fell to 91f. 30e., rose subsequently to
91f. 90c., and closed at 91f. 80c.; the Three per
Cents. closed at 56f. 90c. Orleans Railroad Shares,

7871. 50e. ; Rouen, 6021. 50c. ; Havre, 2371. 50c.;
Great Northern, 4531. 75e. ; Avignon, 1831. 75e. ;
Vierzon, 3701.; Basle, 130 f. ; Bordeaux, 3851. ; Paris
and Strasburg, 337 f. 50e. ; Tours and Nantes,
2381. 75e.
Isi.JSIMSS DONE IN FOREIGN RAILWAYS AT TBE
LONDON 'STOCK EXCHANGE, Nov. 27.
Boulogne and Amiens, 7% —Central of France (Orleans
and Vierzon), 14%—Great Indian Peninsula, 13/—Orleans
and Bordeaux, 2A—Paris and Strasburg, B;4—Sambre and
Meuse, 2%.