The Sun.
London, England, 1850-05-28 00:00:00

THE FRENCH REPUBLIC

We have received the Paris journals of yesterday.
It is evident that the attempt of the reactionary
party to make something out of the Greek affair is a
coup tranquil. Notwithstanding the utmost efforts of
the political Agioteurs, the Funds still continue
firm, no apprehension is felt in mercantile circles, and
the manufacturers are preparing for the London ex-
position of 1851. The Ministry, however, are doing
all they can to create an alarm by ordering ships out
and levies of sailors to be made.

Letters from Toulon of the 24th inst. announce the
sailing from that port of the steam-vessels Solon and
Grondeur, to reinforce the French fleet at Naples.
Captain DUQUESNE, who recently commanded the
Jena, when the POPE visited the Mediterranean
squadron, has received orders to proceed immediately
to L'Orient and Rochefort, to fit out the Duquesclin
and another ship of the line, and take them to Brest.
A levy of sailors has been ordered in the fifth mari-
time arrondissement, of which Toulon is the chef lieu.
The National makes the fallowing terrible rejoinder
to the infamous accusations brought by M. TIMES
on Friday against the people, or as he calls them
" the vile multitude :"

M. Thiers has given credit to the people for the
commission of vices and crimes, the examples of which
he finds i►► persons more nearly allied to himself. The
people did not judicially assassinate Marshal Ney; the
people did not by telegraphic dispatch order the immediate
execution of the condemned of Grenoble; it did nut
betray at the same time both Napoleon and France,
to save f.r itself mantles cf senators and gold sticks of
chamberlains; it never grovelled in the dust before the
Emperor Nicholas; it never for twenty years compressed
liberty at home, and dishonoured France abroad to
f ,und a dynasty. The orgies of Grandvaux, the scan-
dals of the Bourse, the br►bes to high officials, the bed
of shame on which the Duchess of Berry was victim-
ized, the cord of the last of the Condos, and the poignard
of the last of the Prasl.ns do not belong to the heritage
of the people."
It is generally considered that the Electoral Bill
will undergo very extensive modifications. The
Opinion Publique announces that the portion of the
Legitimatiat party whose opinion it repre-
sents are determined to propose that all per-
sons liable to the conscription, shall have a
vote. This proposition, if carried out, will scarcely
diminish the number of electors to any ap-
preciable extent, and there is very little doubt but that
the whole of the Republicans, whether Democrats or
Constitutienalists, will vote in favour of such an
amendment.

The PRESIDENT of the;Republic has ordered the
publication of the Napoleon to be stopped on account
of the appearance in it of an article on the Greek
question calculated to envenom the negotiations at
present pending with England on that subject.
The Slide and the great majority of the Repub-
lican journals declare that they consider the explana-
tions of Lord PALM ERSTON as perfectly satisfactory,
and that the Government ought to accept them
as such.

The French Government is about shortly to bring
in a Bill relative to the duty on sugar. The most
important clauses of it consist in a progressive reduce
tion of 20 francs on the present duty on all sugars,
and a reduction of 5 francs on that which affects
foreign sugar. The gradual reduction of the duty
from 45 francs to 25 francs has already received the
approbation of the Council General of Agriculture
and Commerce. The Council were of opinion that
the additional duty on foreign sugar might be reduced
50 per cent. ; but the Government has, it is said, only
consented to reduce it 25 per cent.
A fusion of all classes' of Republi-
cans, with a view to the formation of a
compact Parliamentary opposition, has, it is said,
taken place in consEquence of the efforts of MM.
EMILE DE GIRARDIN and VIDAL. M. EMILE DE
GIRARDIN has had an interview with General C.L-
VAIGNAC, and a reconciliation has taken place be-
tween them. It is said that General CAVAIGNIC will
he requested to lead the Parliamentary opposition.
M. EMILE DE GIRARDTN has been announced as the
Democratic candidate fur the Bas Rhin.

MONEY and COMMERCIAL NEWS.

CITY, TW 0 O'CLOCK.~
The sales cf Cotton at Liverpool yesterday were
estimated at 10,0u0 bale:, of which 1,000 Ame-
rican were taken fur export and 1,500 on sieculation.
The market was animated and closed firmly.—la Rail-
way Shares only a limited business was done, and prices
had n downward tendency.
The Colonial Produce Markets will be closed tomor-
row, as usual on the Derby day, and there is an extra
number of sales being held to-day.
There seems to be no improvement in the Stafford-
shire iron trade. A writer in Aria' Birmingham Gazette
states—

' From all the information we can obtain, it appears
that a reduction of 5 per cent. on the general rates of
wages has been submitted to by the workmen engaged in
the manufacture of iron throughout the principality, and
the price of Welsh iron, free on board at the ports, is now
41. 10s., but that, even at these figures, buyers are
scarcely to be found. In Scotland pig iron is again
.
dull of sale, sad the exports of the first
four months of the present year fall short of those in
the same period of 1849, by nearly 37.000 tons. The
prices now quoted va,y from 425. 6d. to 455. per ton. The
number of furnaces there stated to be in blast on the
Ist of January last was 112, of which 45 are now
standing on aceouet of the colliers' strike, and the pro-
duce of many others is reduced, so that the total
quantity made is supposed to be less by about 6,000
tons weekly—a contraction which must have a beneficial
result on the market, at least in reducing the enormous
stocks on hand, with which the present par was cola:-
me, ced." There is consequently still some hope.
In the New Zealand accounts received yesterday, there
aro particulars of the progress of the New Flax Com-
pany. A speaker, at a meeting held upon this subject,
stated "it was now a mere question of labour, whether
Phormium Tenax was to become at once that article of
export which, through its unlimited spontaneous
growth in almost every part of these islands,, promised
not alone to prove the saving of this colony, but as
inexhaustible source of genuine wealth. With hand
labour at 34 6d. per day, it has been proved impos-
sible to prepare the flax for exportation at a remune-
rating price. The labourer who has been in the habit
of receiving, first 64, then 4s, then 3s. 6d. per day, as
a matter of course, feels poverty-itriken at the very
idea of earning less, and begins to talk of California.
Machinery will supply us with cheap labour, and as there
appears no difficulty in the matter, even with those
who are professionally intimate with it, and the process
for dissolving the gum and cleansing the fibre from all
vegetable matter being practically ascertained, success is
certain. The worthy Chairman at a previous meeting
had stated to him (Mr. A—) that a similar ma-
chine had been worked at Nelson, but from the price of
labour they could not produce it at a lower
rate than 101. per ton, while the highest price
they ever could obtain at Nelson was W., leaving them
11. clear loss. This statement was sufficient to found
sanguine hopes upon, as the article can be produced for
the same price at Wellington, if not less, and the mer-
chants have offered from 12/. to 151. per ton. Flax in
Sydney had recently realised 251. per ton, and Wool
lashing, from the same article, 454 per ton. What need
to despair?"

In the Rio de Janiero letters of last month's date, it
is stated that the stock of coffee is 80,000 bags, half of
which is new, but of ordinary quality; holders firm, as
the quantity coming in is moderate. The new crop will
not be so abundant as supposed, the weather
having been unfavourable for the fruit. It will
not be above a fair average, not exceeding that
of 1849. The new crop arrives slowly, and
of poor quality. It is estimated not over 75,000 bags of
new will arrive before July, and of old very little re-
mains to come forward. The exports to the States have
fallen off in nine months 111,659 bags, compared with
1849-50.

The English Stock is still creeping up, and under the
influence of money purchaser, Consols have touched
96k. The lowest value has been 96. For
Time the dealings have been at 96k I. The
premium on Exchequer-bills has been 68g.. and on
India Bonds 90s. The New Three-and-a Quarter per
Cents. have been marked 96k to 97i. It is still confi-
dently asserted that our differences with France are
arranged._

The debate on the Electoral Law was resumed'yes-
terday in the National Assembly. The Assembly
was discussing an amendment proposed by M. CORNE,
that the commune in which a man should have
answered to the conscription law should be held to be
his domicile.

The Foreign Securities have been very dull
Mexican Bonds are 30i, and Peruvian Deferred 33f to
1. Spanish Three per Cents. have been 37 to t.
Russian Scrip is at 21 premium. Dutch Two-and-a-
Half per Cents. have been 56/ to
The Railway Share Market has been looking remark-
ably well again. Great Western have advanced to 56,
North-Western to 104 f, Midland to 34.1, York and
North Midland 16k, and Brighton 81f. Us foreign
lines are quiet.

Consols ... ...
Ditto, Account, June 12

TUESDAY
a.. EVENING, MAY 1850.

COWES, MAY 27.—Wind S.W.—Arrd. Thorn, A/-
der:burgh, Calcutta ; Dawn, Blenkinson, New York.
DARTMOUTH, MAY 27.—Wind S.W.—Arrd. Victory,
Allan, Capp of Goad Hope; ManchestiT,
FALMOUTH, MAY 27.—Wind S.W., fr,sh.—Arrd. Ac-
tive, Jena, Pernambuco ; Hudson, Gratrix, Mauritius.
The Louisa Margaret, from Laguna, arrived here yes-
terday, and sailed for London, was struck by a heavy
sea whilst lying too, lat. 38 N., long. 32 W., on the 20th
April; which sprung mainmast, carried away head, stern
boat, bulwarks, and started cutwater.
HULL, MAY 27.--The Margaret of Goole, Liverpool
to Cronstadt, was cut through by the ice off Hogland,
15th instant, and sunk; crew saved.

MARKET NEWS.-(THIS DAY.)
SAT MAXXAM's.
SMITHFIELD.—Meadow flay, 21 8s to 31 12s; Clover
ditto, 3/ Oa to 4/ 8s ; and Straw, 11 2s co 1/ 8s pet
load. Supply moderately good, and trade very dull.
CUMBERLAND.—Meadow flay, 2/10, co 3/ 13.. Clover
ditto, 3/ Os to 4/ 4s; and Straw, 1/ 2s to 1/ 94 per
load. A full average supply, and a sluggish demand.
W lIITECHAPEL. Meeriow Hay, 2/ 8s co 31 103 ;
Clover ditto, 3/ Os to 41 8s; and Straw, 112 s to 1/ 8, per
load. Trade very dull, with a full average supply on
offer.

COLONXAL.
SUGAR.—British Plantation continues in good demand
at very lull prices; 1,784 bags Mauritius brought full
rates, to 6d advance, yellow, 35s to 38s; grey, 34s to
365; and brown, 29s to 33s per cwt.; 4,900 bags Bengal
went off with spirit at 6.1 to Is advance, the greate*t irn-
provement being npon grainy sons, which realised
41s 6d to 44s 6d ; date kind, 31s to 34s 6d, and
Benares, 37s to 41s ; 2,750 tags Penang sold briskly
at a similar advance—white 35s 6d to 37s 6d; yellow,
33s to 355; and brown, 29s to 32s fid per cwt. The
quantity of British Plantation landed last week at the
East and West India Docks was 657 hbds, 76 tierces,
144 barrels ; there were taken for home consumption
1,018 hhds, 168 tierces, 256 barrels. The stick iu the
same places is 7,006 hhds, 1,475 tierces, 2,081 barrels.
COFFEE.-564 bags Native Ceylon sold readily at 40s
to 40s 6d, being fully previous rates. Privately a few
parcels of ord have been sold at 386 60. The market
is firm.

COCOA.-1,050 bags Grenada partially found buyers at
38s to 445, being steady rates.
lium.—The quantity landed last week at the East and
West India Ducks was 265 puns 40 hhds; there were
taken for home consumption 230 puns 1 hhd, and ex-
ported 43 puns 73 hhds. The stock in the same places
is 15,122 puns 1,780 hhds.
SALTPETRE.-1,350 bags Bengal sold at fell prices,
61 to 4i per cent refraction at 26s to 26s 6d per cwt.
TALLow.—P.Y.C. is 36s 9d to 37s per cwt on the
spot, and town 38s.

COTTON.—This article has a steady sale.
TEA.—The market is quiet, but last week the del
veries were larger than ordinary.

ROLLS' COURT._(THIS DAY.)
The Master of the Rolls heard petitions to-day.
EX PARTE FINCH.
The further arguments in this part-heard case occu-
pied the Court the whole morning.
The following notice was posted in the Court this
morning:—

" ADMISSION OF SOLlClTORS.—NoncE.—Secretary's
Office, Rolls, May, 1850.—The Master of the Rolls has
appointed Wednesday, the 12th June, at the Rolls Court,
Westminster, at a quarter after 9 in the morning, for
swearing solicitors. Every person desirous of terng
sworn on the above day must leave his common law ad-
mission or his certificate of practice for the current year
at the secretary's office, Rolls-yard, Chancery-lane, on
or before Tuesday, 11th June.

VICE-CHANCERY.-(THIS DAY.)
(More the VICE-CHANCELLOR OF ENGLAND.)
His Honour heard causes to day, none of which pos-
sessed any feattne of interest, except to the parties
concerned.
(Before the Vice-Chancellor KNIGHT BRUCE.)
ATTORNEY- GENERAL V. LORD CARRINGTON.
The further arguments in this part-heard petition
were resumed to-day, and occupied the Court the whole
morning. The petition is presented by the Rev. Charles
Wildbore, vicar of Humberstone, in the county of Lin-
coln, who claims as vicar to be untitled to the head
mastership of Humberstone Grammar School, praying
a declaration that the election of Mr. Pattenden was
invalid.

QUEEN'S BENCH.-(THIS DAY.)
The Court sat in Banco this morning, and heard ar-
guments in cases in the special paper, which, as they in-
volved technical points of pleading only, possessed no
fcsture of interest to justify a detailed report.

EXCHEQUER.-(THIS DAY.)
The Court took the new trial paper to-day, but the
arguments in the different eases possessed no feature of
interest to justify a report.

COMMON PLEAS.-(THIS DAY.)
(Sittings in Banco, before the LORD CHIEF JUSTICE,
and Justices MAUL; CRESSWELL, and TILFOURD.)
The business of the court, this morning was entirely
unimportant.