The Sun.
London, England, 1827-01-04 00:00:00

LONDON,
THURSDAY EVENING, JANUARY 4,

We lament that we cannot communicate any ac-
counts of a more favourable nature respecting the
health of the Duke of YORK. To our inquiries, at a
late hour this afternoon, we received for answer, that
his ROYAL HIGHNESS was considerably worse.

We have received the Paris Papers of Monday and
Tuesday, and the Etoile of Wednesday morning. Their
contents, if not of great importance, are extremely inte-
resting, as containing information from Madrid, down to
the 26th ult. This intelligence is of varied character, and
does not enable us to come to any positive conclusion as
to the course which FERDINAND will determine to adopt.
On the one hand we hear of several detachments of Por-

tuguese Royalists, who had re-entered Spain for the pur-
pose of raising recruits, having been obliged to return with
hake to Portugal, in consequence of the measures taken
on the occasion by the Captain General of the Province ;
while on the other hand, it is positively stated that an
army of observation, consisting of 7 or 8,000 men, is to be
assembled in Old Castile and Estreniadtira, under the
command of General RontL, who distinguished himself
by the defence of Callao, and whose command is to be
independent of that of the Captains General of the Pro-
vinces. In Madrid, and in the Councils of the SovEastoN,
there appear to be incessant indications of the same va-
cillation and uncertainty. The most contradictory reports
circulate, and receive confirmation by the conflicting events
which daily take place. At One moment FERDINAND
agrees to receive a Charge d'Affaires from Portugal, and to
send hack to Lisbon M. DE CASA FLORES. At another
he expresses his anger at the conduct of England and
France, and postpones his determination until he receives
answers to the autograph letters which he has addressed to
the Sovereigns of the North. In the mean time his Majesty
appears to contemplate extensive changes in his Cabinet,
and M. SALMON will not receive Members of the Diplo-
matic Body on any other day than Sunday, except in
cases of urgency, when one day's previous communication
is requisite to obtain the honour of an interview. It
is evident from all this, that at present FERDINAND
has not decided one way or the other ; the Aposteli-
cal Party have evidently had sufficient influence if
not to force him to the measures which they would wish
him to pursue, to prevent him declaring distinctly for an
opposite line of policy. They hoped that the Royalists
would, in the mean time, gain some important advantages
in Portugal, which would fix the wavering determination
of the KlNG—but it remains to be seen whether the prompt
arrival of British forces in Portugal will not at once in-
timidate his MAJESTY into .a course destructive of their
hopes and expectations.
There is no other news in these Papers. The liberal
Journals are filled with complaints against the proposed
law for the Regulation of the Press.
• The French Funds are rather lower. NITe subjoin their
closing price on Tuesday afternoon, and insert in another
column extracts from the several Papers.
_

FRF.NCH FUNDs.—Peuis, JAN. 2.—Five per Cents. 98f.
80c. 85c. 95c. 99f. 3.5 c. ; per Cents. 90f. 25c. ; Three per
cents. 67f. 30c. 35c. 45c. tSfic.; Bank Stock 2020 f. ; Naples
Rentes, 13f. 40c. 35c., 45f.; Rentes d'E►pagne, 12. ; Royal
Spanish Loan 49 ; Exchange on London—One Month Paper, 25f.
35c. ; Money, 25f. 20c. ; Three Months, 25f. 30c. do. ; 25f-

sc. do.

The Santiago Gazette: to the 11th September have been
repeiyed. The Gazette of the 9th contains a communica-
tion from the President of the Republic, Don MANUEL
BLANCO ENCALADA; to the National Congress, announcing
his resignation, on account of the alienation and neglect
manifested by all parties towards the Executive Power.
The resignation of the PRESIDENT was immediately fol-
lowed by that of the Ministers of the Home and Foreign
Departments, on the plea of ill health. ..Both resignations
were accepted by the Congress.
We,subjoin the PRESIDENT'S communication, as con-
taining a general statement of the situation of the Republic
of Chili, together with a Decree issued on the 2d of Sep-
tember, for publishing the ,proceedings of the Tribunals of
Justice :

" COMMUNICATION FROM. THE. PRESIDENT OF THE REPUBLIC

TO THE NATIONAL CONGRESS.
" SANTIAGO, SErr. '7.—When the Sovereign National Con-
gress did me the honour of investing me with the Presidency of
this Republic, I was disposed to accept this important office, be-
cause I felt persuaded that my sentiments apd opinions, and well-
known zeal for the public service, would suffice to counterbalance
the numerous obstacles and difficulties surrounding the admini-
stration of affairs, left, as they were, in a state so embarrassed and
alarming, on the termination of the career of my predecessor, Don
Ramon Freire. I felt convinced that Congress, sensibly alive to
the critical position of affairs, and the exhausted state of the Trea-
sury, would lend their active co-operation, and unite in perfect