The Sun.
London, England, 1845-11-26 00:00:00

In a second edition of the Times, we find the follow.

ing particulars of the adjudication of the Paris and Stras-
bourg and Tours and Nantes lines of railway, which
took place on Tuesday:—
" We have received by extraordinary express the Paris
papers of yesterday, with letters from our correspondent,
dated half-past three o'clock P.M. ; the latter state that at

,liree o'clock yesterday the Paris and Strasbourg line was ad.

judged by the Minister of Commerce to the—united com•
panies represented by General Cubieres on a lease of 43 years,
286 days.

" The Tours and Nantes line was equally adjudged to the
Company represented by Count de la Pinsonniere, Messrs.
Maekenzie, O'Neill, and Co., on a lease of 34 years and
15 days.

" For the Paris and Strasbourg line there was no compe-
tition. For the Tours and Nantes line there were two
bidders—namely., the Company represented by Messrs. La
Pinsonniere, and the Company of Post-masters represented
by M. Dailly. The biddings were to lease the line for a
number of years below the minimum (35 years) fixed by the
Minister.

" Mr. Mackenzie proposed taking the line at a reduction
of 350 day s.

" AI. Dailly proposed taking it at the maximum.
" 31. La Pinsonniere was consequently declared the sue
cessail bidder.

Considerable excitement has 'prevailed here during the
day,' says our Bourse letter of Tuesday. At the commence-
ment of business attempts were made to sustain prices. The
Three per Cents. and Five per Cents. were respectively quoted
at a higher figure than the closing one of yesterday, but they
speedily gave way. A similar remark is applicable to Shares,
Northerns, which were up to 82i, subsequently receded.'"
The Three per Cents. closed on the Paris Bourse on Tues-
day at 81f. 90c. ; the Five per Cents. 117 f. ; the Orleans
Railroad Shares, 1,115 f. ; Rouen, 915 E ; Northern, 66.5 f. ;
Havre. 735 f. ; Avignon, 8401 ; Vierzon, 630 f. ; Bordeaux,
5851. ; Boulogne, 505 E ; Troyes and Alontereau, 4401.; Basle,
2351. ; Fampoux, 470 f.
The following are the quotations for other new shares :
Paris and Lyons Railroad (Laffitte), 101. premium; ditto
(Calon), lf. 50c. ; ditto (Ganneron), 4f.: Paris and Stras-
bourg (Ganneron), 3f. 50c.; ditto (Hinguerlot), lf. 50c.;
ditto (Bechet), par; ditto (Aymard), 3f. ; Tours and Nantes
(Mackenzie), 3E; ditto (Drouillard), 50e. ; ditto (O'Neill),
50c.; ditto (Lefevre), lf. ; .Lyons and Avignon (Talabot),
171. 50e. ; ditto (Lecointe), 9f. ; ditto (Compagnie Meridio-
nale), par; Boardeaux and Cette (Espelota), 10E ; Creil and
St. Quentin (Carette). 1E ; Charleroy (Kysaens), 490 f.;
Dieppe (Sellieres), 485 f.; Caen (Delamarre), 2f.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, Nov. 25.
Anglo-Belgian — Dlauritius
Boulogne and Amiens.. 8 Namur and Liege
Bordeaux &Mediterran North Jamaica
Bordeaux and Toulouse Orleans and Vierzon

Do. & Cette (Espeleta)
Do. (Mackenzie's) —
Callao, Lima, and Pa-
cific Coast
Central of Spain .. —
Ceylon .
Demerara
Dendre Valley e
Ditch Rhenish ... 634
Dieppe & Paris Janet.
Dijon and Mulhouse
East Indian
Fainpoux & Hazebrouk
Grt Northera of France
Constituted lll4
Do. Pepin le Halleur —
Great Paris and Lyons —
Great Western Bengal
Great Western Canada
Jamaica& slid. Junction 2'
Do.Nortk Midland —
Do. Extension
Jersey
Louvain and Jemappe —
Lyons aid Avignon —
Luxembourg
Madrid and

Orleans and Bordeaux
Over Yssel
Paris & Lyons (Laffitte)
Ditto (Ganneron's).
Ditto (Calon's)....
Ditto (Sud Est)
Paris and Orleans
Paris aid Rouen
Paris and Strasburg
(Ganneron's)
Do. (Aymard's)
Do. (Conipte de L'Est)
Paris and St. Quentin.
Rouen and Havre
Royal North of Spain
Sambre and Meuse
Strasburg and Basle
Teurnay,Jurbise, Lan-
dent, and Hasselt...
Tours and Nantes
(Mackenzie's)
Do. (LefebTre's) .....
Do. (O'Neill's)
Trinidad
Verona and Ancona
West Flanders .........

LORD JOHN RUSSELL'S LETTER

ON THE CORN LAWS.

(FROM A CORRESPONDENT.)

' If the head of the Government has lamentably failed
in his duty at the present alarming crisis, the same can-
not now be said of the leader of the Opposition. Lord J.
Russell, having stood out with desperate courage for a
fixed duty, long after it had been forsaken by all but
a small faction of his party, has now, with a wiser courage,
avowed himself a TOTAL AND IMMEDIATE FREE TRADER.
We knew this must come at last. It comes now with
the greater effect that it has not come sooner.

The statesman, who leading an Opposition,
has for four years studiously, sometimes
almost offensively, repudiated the object to which the
desires of a larger majority of his party than any other
question of the day has brought together, have been
most strongly directed, cannot be suspected, at any rate,
of insincerity or interested motives in his now late con-
cession. Lord John Russell has shown too often, by his
acts, his scorn for the Peel policy of feeding the passions
of an Opposition in order to ease the way to power, to
render it possible to ascribe any other motive for the re-
markable letter to the electors of London, which we print
in another column, than a conscientious conviction of the
error of his past opinions, and the greatness of the now
impending danger. Letters to constituents seem to be
becoming the great vehicles of political action. We had
a letter from Lord Ashley, which did its work: we have
now a letter from Lord John Russell, which will do
greater work. It was startling to hear Lord Ashley
say that the corn-laws were doomed. Lord Juhn
Russell has now doomed them irretrievably. We only
wanted all the minds and great names of the Liberal
party united in the cause to ensure victory. Mahcmed
has now come to the mountain, which would not go to
him. Lord John Russell has now put himself in his
proper place, at the head of, and not aloof from, Mr.
Cobden and Mr. Villiers ; and the corn-laws will not
live another year.
Lord John Russell is a nervous writer ; and we could
have forgiven even a longer halting to end in such a
vigorous condemnation of the bread-tax. " Let us,
then," says Lord John Russell, in words which will
carry joy and hope from one end of the United Kingdom
to the other—" Let us, then, unite to put an end to a
system which has been proved to be the blight of com-
ce, the bane of agriculture, the source of bitter divisions
among classes, the cause of penury, fever, mortality, and
crime among the people."

winces now entered warmly upon the course that had
been opened to them. There, as in Paris, savings and
I credit were both engaged; the bankers realised the
i premiums paid by the departments. The latter, how-
ever, soon found that they had taken too heavy a
burthen upon themselves, and the shares came back to
the capital, but they found the paternal door closed, the
first sellers would not run a new chance, and it was neces-
sary to seek for other purchasers. Thus the Bourse was
daily more and more encumbered with shares." The re-
marks on the Oregon affair are confined chiefly to the Op-
position papers. The National, with its usual honesty and
impartiality towards England, declares that the Ameri-
cans have right on their side, and have only to remain
firm. The Courrier Francais says all will end in smoke
" We think there will be much ado about nothing.
When Ameriean and British pride shall have cast oft its
fumes, when the journals of the two countries shall
become weary of telling each other coarse truths for the
edification of the galleries, and when, above all, the
dread of a war shall have shaken credit, and put a check
upon commercial transactions, a-moment will come when
they will both listen willingly to the voice of reason, and
conciliation will be easy."
The following are the only other extracts from the
papers of interest :-
" It appears (says the Constitutionnel) that the naval forces
intended to act against Madagascar are much greater than
was at first supposed. It will almost form a squadron, for
at least four, if not five ships of the line or frigates are talked
of, besides sloops and store-ships, without reckoning those of
the Bourbon station, which are to take part in the expedi-
tion, with the further addition of two steam ships."
" We find the following in the Semaphore of Marseilles of
the 21st :-' The Marquis de Lavalette passed through Mar-
seilles the day before yesterday on his way to Toulon to re-
ceive Ibrahim Pacha, who is expected to arrive there to-
morrow or the next day, in the steam-frigate Nile. The
Egyptian Prince arrived in it at Genoa on the 15th, and on
landing was saluted with guns from all the ships of the Sar-
dinian squadron, the sailors manning the yards. Ibrahim
visited the King, Charles Albert, who received him with
great distinction, and invited him to a grand dinner of 4..5
covers next day. On the 18th he was to be present at a
grand review of the troops given by his, Majesty in honour
of the Prince's arrival."
" The German Universal Gazette has the following
from Palermo, dated the 6th :-' M. do Montebello
arrived here on the 30th ult., to compliment the Em-
peror and Empress of Russia. The Ambassador was well
received, and invited to dine with the Emperor. His Excel-
lency announced the speedy arrival of two French Princes."'
A good deal of fluctuation took place on the Paris
Bourse on Monday, and after a considerable full a re-
action took place, and prices improved.
The Three per Celts. closed at 821. 2041. ; the Five
per Cents., 117 f. 30c.; the Orleans Railroad Shares, 1,135 f.;
Rouen, 945 f.; Northern, 675 f. ' • Havre, 7521. 50c.; Avignon,
860 f.; Vierzon, 6421. 50c.; Bordeaux, 600 f. ; Boulogne,
5:51.; Troyes and Montereau, 4471. 50c.; Basle, 245 f.;
Fainpoux, 475 f.; Dieppe, 480 f.; Belgian Two-and-a-Half
per Cents., 56%; Spanish Actives, 37%; ditto Three Der
Cents., 38%; ditto Domestic Debt, 33%; ditto New De-
ferred, 16.
The following are the quotations for other new lines :-
Paris and Lyons Railroad (Laflitte), 12f. 50c. prem. ; ditto
(Cabin), 2f. ; ditto (Ganneron), lf. 50c.; ditto (Lapinson-
niere), 50c. ; Mornay, lf. ; Paris and Strasburg (Gan-
neron), 4f. ; ditto (Ilinguerlot), if. 50c. •, ditto (Bechet),
25e. ; Tours and Nantes (Mackenzie), 41. 50c. ; ditto
(Drouillard), lf. ; ditto (O'Neill), If. 50c.; ditto (Lefevre),
21. 50c. ; Lyons and Avignon (Talabot), 17f. slic. ; ditto
(Lecointe), lf. ; Bordeaux and . Cette (Espeleta), 101. ;
Creil and St. Quentin (Carette), lf. 50c. ; Charleroi
(Kysaens), 495 f.; Dieppe (Sellieres), 4801. ; Caen (Dela-
marre), 21. 50c.
MAVSEILIES, Nov. 20.-Marseilles and Avignon, 9221.
50c. ; Boulogne, 5321. 50c.; Vierzon, 6801. ; Orleans and
Bordeaux, 617 f. 50c.
LYONS, Nov. 22.-Marseilles and Avignon, 886 f. 25c. ;
Paris and Orleans, 1,1201. ; Paris and Rouen, 9371. 50c. ;
Orleans and Vierzon, 627 f. 50c.