The Sun.
London, England, 1829-01-13 00:00:00

the Russians, even in Little Wallachia, will appear
to be too far advanced from the main army, for
should the Turks be able to pass the Dan„Le
with a considerable force for Silistria and °hint--
gevo, the corps of General Geismar would be
cut off from the main army, as it in fact was
very hard pressed only a few months ago. After
these remarks, which can have no other object
than to correct erroneous views, we will on our part
allow ourselves some observations in the next cam-
paign, which, should they not be confirmed by the
event, are at least not beyond the limits of military
probability. We take it for grunted that the Russian
troops maintain themselves during the winter in
that part of Bulgaria which lies to the east of a line
from Ibrailow to Varna, including the latter place.
They would then, we think, again advance iu the
spring to the poitions before Shumla, but employ
a greater force than in the last campaign to reduce
the fortresses on the Danube.
As the Russians, however, are masters in the
Black Sea, it is not impossible (if the political rela-
tions remain unchanged) that powerful, and perhaps
succes4ul diversions, may be attempted and executed
about Bourgas, and other points near the Bosphorus.
What the Turks might do on their part is no part of
our present subject, but may be discussed on another
occasion.

Letters of the 25th, and Papers of the 24th
December, have been received this morning from
Gibraltar. On the 23d there were two deaths,
and one case admitted; on the 24th, three deaths,
and three cases admitted ; five officers sick. Mi-
litary convalescents that remained in ship, 48 ;
in shed, 44 ; thermometer 61-k, and wind West ;
on the 25th the wind had come round to a
brisk North-wester, and we are happy to state
there was not a single case reported for admis-
sion on that day. The Lieutenant-Governor, in
adverting to the notification of the 22d Oct.
concerning his Most Catholic Majesty's donation
of 9,000 fanegas of wheat, to be ground into
flour for the use of the poor inhabitants of the
garrison, gave notice that he placed the quantity
under the distribution of the Civil Committee,
as the best mode of meeting the wishes of the
Royal Donor.

The rumour is again revived that a mission
is to be sent to Constantinople direct, bearing
the united instructions of England and France,
in order to procure, if possible, an immediate
cessation of hostilities, and to promote a good
understanding, which may lead to peace, with-
out compromising the national honour of either
party. With this view Lord HEYTESEURY has
been instructed-to urge the Russian Cabinet to
abate its pretensions, and to enter into the views
of the mediating Powers. The chief motive for
this pacific interference on the part of England
and France, is the conviction if the war
is carried on for another campaign, that
its operations will not be confined to Russia
and Turkey, but draw in other countries
within its sphere. Should the contemplated
mediation prove ineffectual, a strong con lined
fleet of English and French ships will appear in
the Mediterranean to enforce a more respectful
attention to the interests of those Powers who
wish for a cessation of hostilities. This last

measure, if adopted with sincerity, must succeed,
for it would be madness in Russia to think of
coping with Tut key, when supported by the
Naval force of the two greatest nations iu the
world.

THE FUNDS.--(THIS DAY.)

CITY, TWELVE ti' CLOC4I.

The continuance of strong Easterly winds has
prevented any arrivals from the Westward, conse-
quently there is not the least political intelligence in
the City to-day, and there is no variation of impor-
tance in the English Funds. Consols opened at
871 for the account, and 86 :} for money; they
became strong buyers at 87i- for time, some sales
for the February account had, however, the effect of
reducing the quotation to the opening price; the
Commissioners purchased Consols at 861. An im-
provement in the premium on India Bonds and Ex-
chequer Bills of Is.. per cent. may be stated, the
former are Low 77 9, and the latter, 73 4.
The Foreign Funds are without any interest, and
with little business ; in Brazilian and Buenos Ayrean
Bonds there bus not been the least variation for
some days ; Mexican are 33 ; Portuguese, 55i
; and Russian, 95i a.

TWO O'CLOCK.

No alteration or increase of business has taken
place in Consols, which remain 87i :1 for the 21st
THREE O' CLOCK.