The Sun.
London, England, 1845-03-27 00:00:00

NEW YORK MONEY MARKET, MARCH 5.

$5OO New York City Sevens 's3 113
8,000 Ohio Sixes 'so 98i
_ _..

5,000 Kentucky Sixes
5,000 Illinois Sixes

101
. '7O 40i

5,000 Pennsylvania Fives 74
80 Shares National Bank 983
50 Vicksburg Bank
50 Morris Canal
25 Canton Co.
50 Farmers' Tr
100 E Boston Co.
70 Erie ER
10 Aub and Rorth

33
543
41:4

30
106

50 L Island RR
801
25 Mohawk RR
65
50 Stonington RR 43i
700 Nor and Wore 73
200 Reading RR 49

The Senate of the United States, as will be seen
from the intelligence from Washington, published in
another part of the paper, had adopted resolutions for
the annexation of Texas to that Republic by a ma-
jority of 2, there being 27 in favour of the measure,
and 25 against it. This consummation is only what
might have been anticipated from the moment that
emigrants began to occupy land in that extensive dis-
trict. It has been the policy of the Government, as
well as the wish of the people, to extend their
territory by purchase as well as by affiliation of
neighbouring states, and with such a weak and
contemptible Government as Mexico, Texas could
not long be an exception to the general law. But
the Americans will not stop there. The pressure
from within will only increase with the increase of
population, and unless some strong causes inter-
vene, whether from the interference of other
Powers, or the opposition of the Northern
States, Mexico itself will soon be swallowed
up by this unscrupulous and enterprising people.
The bigoted, priest-ridden, and indolent descendants
of the Spaniards have no chance with the active, in-
dustrious, and warlike Saxon race. The accession
of power given to the Southern States by this event
is not at all welcome to those of the North, and may
yet lead to important consequences.

Madrid journals of the 18th inst. state that the
discussion in the Chamber of Deputies on the Church
Property Restoration Bill had been brought to a
close on the 17th, and that the Bill had passed by a
majority of 126 to 16. Previous to the conclusion of
the debate NARVAEZ, as well as the Minister of Jus-
tice, assured the Chamber that the Government
guaranteed to the present owners their rights to the
property already sold, and that on no consideration
should these rights be interfered with. The present
measure was necessary, not only as an act of justice
towards the clergy, but also to satisfy the Court of
Rome. With these views the suspension of the sales
had been resolved on, and the restitution only post-
poned till the proper time. On the 18th a courier
was dispatched to Rome with the intelligence. The
capital was quite tranquil, and preparations were in
progress for celebrating the Easter festival with
unusual splendour. The Court, it was understood,
would go to Aranjuez about the middle of April.
On the 18th the Three per Cents. left off at 35 at
60 days ; the Five per Cents. at 251 for cash, and 26
at 60 days; the Coupons at 28i for the 16th of April;
and the Debt without Interest at 7i at 59 days.

The intelligence from Zurich is to the 21st inst.
The resolution of the Diet relative to the suppression
of free corps, which we gave yesterday, had been
adopted by thirteen and two half states, and conse-
quently became a federal law. The President, M.
Moussox, announced that the Austrian Charge
d'Affaires had delivered to him a copy of a dispatch,
addressed to him by Prince METTERNICH, which he
would communicate to the different cantons, as he
had not received it in time to deliver to the Diet. He
then closed the session in the following terms :
" Our deliberations are terminated. Some of you
will retire dissatisfied. A similar disposition will
manifest itself among a portion of the Swiss people.
It is consequently a duty the more imperious for you
to exert yourselves to maintain public order and
tranquillity, and not allow the interests of the corn-
, monwealth to be sacrificed to party spirit. I must
remind Lucerne that it depends upon its Government
not to increase the existing irritation, and to effect a
reconciliation by making a sacrifice to the country.
May Switzerland be ready to provide against
events, and strong enough to uphold her honour and
liberty under every circumstance. She would re-
pent too late, if her authority and power were aban-
doned to the mercy of party interests." We here
subjoin the note of Prince METTERNICH, referred to
by the President ; but we cannot agree with our
Conservative Contemporary, the Herald, which pub-
lishes the document, that " it is directly threatening."
In our opinion, the threatening part contains mui;h
good sense, and points out to the different cantons
what course they should adopt to preserve the friend-
ship of the Great Powers. The following paragraph
would apply with equal force to the Government of
the United States, which would not, or could not,
prevent the lawless citizens from robbing and mur-
dering their inoffensive neighbours :—" A Govern-
ment not possessing sufficient power to master its
subjects, to prevent them carrying, with arms in
hand, murder and pillage into the territory of an in-
offensive neighbour, such a Government would not
deserve that name."

" Vienna, March 13, 1845.

" A MONSIEUR DE PHILLIPSBERG, A ZURICH.

" Monsieur,—Yon have acquainted us with the mani-
festations addressed successively by the Courts of Lon-
don and Paris to the Federal Directory, in order to show
the Confederation the impression produced upon those
Cabinets by the events of which Switaerland has for some
months been the theatre.

" The principles professed by the Emperor, our august
master, and the sentiments with which his Majesty is
animated towards the Helvetic Confederation, are known
to you, Monsieur; and you have recently been autho-
rised to be their interpreter to the Government of Zurich,
upon the occasion of its entry upon its directorial func-
tions. I do not, besides, doubt but that upon all occa-
sions, when during the present Diet you have had to
express the intentions of your Court, you have acquitted
yourself of your task according to the spirit of your
general instructions, and which have had for basis, upon
the one part, the warm friendship that his Imperial Ma-
jesty feels for the neighbouring State, and, upon the
other, the respect that the Emperor entertains for
treaties and laws imposed by international jurisprudence,
as well as his desire to see other States, especially those
which, in consequence of their geographical position,
are in most frequent relations with his monarchy, main-
tain themselves in such wise as that they may be in the
condition of exercising reciprocity in regard to Austria.
" His Majesty, moreover, feels satisfied that, according
to the tenor of the communications conveyed by England
and France to the Confederation, his judgment of the
general position of Switzerland is shared by these two
powers.
" If the Cabinet of St. James, in his dispatch to
M. Morier, of the 11th Febrbary, takes pains to present
to the eyes of Switzerland a picture of the fatal conse-
quences which would be entailed upon her by the anni-
hilation of the act by which she is constituted into a
political body, recognised by Europe, you will recal to
mind that the same subject has been developed by our
Cabinet in more than one of the dispatches addressed by
me during the course of late years to our legation in
Switzerland, especially in that of the 27th February, 1841,
and you will feel that late events, so far from changing
or modifying the opinion that we ever entertained,
have but served to confirm it. In fact, the greater the
chances of seeing nullified the Act of 1815, and accord-
ing as they multiply, the more does it become evident to
all sound minds that the cessation of the Act of Union

between the 22 sovereign cantons of Switzerland will be
in the interior of the Confederation the signal of civil
war, of anarchy and oppression ; while, as regards fo-
reign relations, it will break those titles tinder which
these 22 states occupy their actual position in the great
European family. The domestic misfortunes, the suspi-
cions, and the political dangers which for Switzerland
would follow such a state of things, are but too evident
not to be felt by the true friends of this country, while,
at the same time, it inspires them with the desire that,
by the wisdom and rectitude of the men called to direct
her destinies, such mighty perils may be averted.
" We, with the English Cabinet, agree with that of
the Tuileries, relative to the reprobation which, in the
dispatches transmitted to the Count de Pontois, the latter
pronounces upon the enterprises and the existence of the
free corps. A Government not possessing sufficient power
to master its subjects, to prevent them carrying, with
arms in hand, murder and pillage into the territory of
an inoffensive neighbour, such a Government would not
deserve that name. It would be worthy of being put to
the ban of the opinion of civilised Europe, if, to the tole-
ration of such misdeeds, it should add acts of connivance.
In a confederation of Status, united one with another
for the sake of aid and mutual assistance, the odium of
such enterprises would be further augmented by the
weight of those sentiments that are always naturally ex-
cited by the violation of sworn faith. Such a disorder mast
be put an end to, and extirpated by the root. It must
cease to be possible that a canton, besieged by armed
bands encamped along its frontiers, shall for months to-
gether be kept under arms, and obliged to exhaust the
means and patience of its population, if Switzerland de-
sires to preserve in the eyes of foreign nations the cha-
rac!er of a Confederation of States (to quote the words
of the declaration of Vienna, of the 20th of March,
1815), in the integrity in which they existed as a poli-
tical body at the period of the Convention of the 29th of
October, 1813, the same being recognised as the basis of
the Helvetic system.
" The unanimity of all the powers, which cannot fail
to be demonstrated at present to the eyes of Switzerland,
upon the fundamental principles which govern the
question, and the friendly explanations which all have
shown themselves desirous of entering upon with her
must have proved two things—the one, that all the
powers, without exception, are animated with the same
sentiments of friendship for, and interest in, the Con-
federation; the other, that, looking at her present posi-
tion, all upon the same point of view, the powers have
claim to the presumption of believing themselves in the
right,
" It now remains to be seen how far the delegates of
the Swiss people will know how to secure their country
from the incalculable evils that the unchecked liberty
allowed to the wicked and destructive passions of the
day must inevitably prepare for hen—Receive, &c.,
" METTERNICH."

Easter Monday was observed as a close holiday by
most of the Paris journals. The Chamber of De-
puties, nevertheless, met as usual, and entered on the
discussion cf the Customs Bill. The Deputies were
to assemble in Committees on Tuesday, to appoint
Commissioners for examining the Bills for railways
between Paris and Lyons and Lyons and Avignon. No
result of importance to the public was expected
from the Customs Bill. In fact, prohibition or
oppressively heavy duties must be submitted to by
the French people yet for years, but it is gratifying
to learn, that at least one of the journals is alive to
the evil, and points out the vast mischief caused, not
only by restricting foreign commerce, but even the
domestic intercourse between different departments.
" Matters," says the Democratie Pacifique, " have
been so arranged amongst us, that every treaty of
reciprocity, whether a treaty relating to manufac-
ture, agriculture, or maritime affairs, would in the
present state of things cause a grave injury to any
of these three branches. Our great governmental
capacities have reduced France to a complete state of
paralysis. If this system be only persisted in a little
longer, nothing else will remain to be done but to sur-
round the frontiers with walls, and to rot in the isola-
tion established in some degree as the condition of the
existence of the country. And it is not alone in our rela-
tions with foreign Powers that our legislation produces
this shameful immobility, but at home our fiscal system
is organised in such a way that each province is in a
manner obliged to consume in part the productions of
the locality. Potable liquors and corn could give
occupation to an immense coasting trade, if zitupid
and barbarous taxes did not force them to be con-
sumed on the place where they were produced. It is
on account of these duties that corn is seen to occupy
in the South the place of vines, which could produce
excellent wines, and that the wines of Argenteuil and
Suresne are drunk at Paris."
THE BOURSE—MONDAY, MARCH 24.