Star.
London, England, 1828-05-23 00:00:00

PARIS, MAT tl.

The Law on the Elections has been passed by the
Chamber of Deputies by a majority of 65.

FRENCH FONDS.—Puts, MAT 21.—Five per Cents. 703 f. 30e.
35c. 30c. 35c.30c. Four and a Half per Cents. 951. 25c. Three per
Cents. 701.35 c. 30c. 40c.— Bank Stock, 1,915 f.— Reines de Naples,
761.75 c. 7oc. 75c.—Haitian Loan, 6551.—Exchange on London,
One Month, 25f. 25c. Three Months, 25f. 15c.—(Cows 'Weep
acme, May 21.)

The French and German Papers brought us the news
of the actual occupation of the Principality of Mol-
davia by the Russians on the 7th of May. Jassy, the
capital of Moldavia, had been taken possession of on the
same slay by Count PAULlitit and the Hospodar, Prince
STOURDZA, made a prisoner (for form's sake), as being a
vassal to the Ottoman Porte. We shall soon bear of
the Russians having entered Wallachia and occupied
Bucharest. The first rencontre between them and the
Tails may be expected to take place in Servia, where
the latter are collecting together large masses of
militia. All the Riches of European Turkey have re-
ceived the most positive orders for organizing an in-
surrection. Of all the male inhabitants capable of
bearing arms, the number off, the regular Terkish troops
in Servia is about twenty thousand ; but their efforts
will, in all probability, be of little avail against the
powerful and well-trained masses that are brought into
the field by Russia. There is still a rumour of a Con.
gress of the three mediating Powers assembling at
Corfu; but since the Manifesto of War by Russia
aegainst Turkey, the Greek cause has comparatively
become a subordinate question ; whereas the hostilites
which have begun just now are stirring up all the jea-
lousies of Europe again, and would require rather an
European than a partial Congress:
The law for the French loan of eighty millions of
francs has been adopted, by an immense majority, in
the Chamber of Deputies. The French nation is aware
.►f the very great consequence. to which the invasion of
Turkey and the further aggrandisement of Russia must
ultimately lead : it is now, for the preservation of their
political independence, that the nations of Europe have
to prepare themselves.
The following statement relative to the armies of the
Four great Powers of the Continent of Europe, if on a
ar footing, may be considered as official:

ROSSI& . . . . • • • • . 1,039,117
Paussia—Standing Army . . . . . 164,520
Militia of the First Class . . . 179,625
Second do. . . . 179,625

Total . . . • . . 1;562,887
r• EL
Averaus—Standing Army 471 404
Militia and Reserve . • • • 479,000
Ruses—Stsnding Army (besides the National Guards) 314,268
Total . . . ► . . 1,064,672

The Papers laid before Parliament respecting the
exportation of Woollen Manufactures show the great
value of this branch of trade to the country, and how
very carefully any proposed alteration in the prestnt
system of the importation of the raw material should
be examined before it is carried into effect. In the ac-
count before us, we find that there is not one article of
our woollen manufacture the exportation of which, is
the last year, had not considerably increased above that
of the preceding year. The export of cloth, for in-
stance, has increased from 327,908 pieces in 1826, to
370,850 pieces in 1827; kerseymere, from 86,038 to
122,048; stuffs, from 1,125,077101,258,538; blankets,
from 1,082,412 to 1,898,978 ; hosiery, from 69,090
dozen pair to 143,445, and so on. The value of the
total exportation had been declared to amount to
5,277,8611. 6s. 2d. and exceeds that of the year 1826
about a sixteenth part, or 294,9521. 91. Sd. The ez-
, port of woollens in the year 1825 was, it is true, still
larger in some articles, particularly in light ones, such as
flannel, blankets, and woollens mixed with cotton; but
the commercial transactions of that year extended by an
unnatural excitement, and for which different causes
combined will always be considered by the econonsis

a• au exception in Its calculations. Those speculations
and overtrading had, however, become very beneficial
in their consequences, the glut of British manufactures
in distant foreign countries having not a little contri-
buted towards augmenting the consumption of the in-
habitants, as is evidently shown by the account already
mentioned. The exportation of British sheep's wool
has nearly doubled since 1826; the quantity exported
was 142,9601 b. in 1826, and 278,5521 b. in 1827. The
importation of foreign wool was, in 1825, 43,795,2811 b.
in 1b26, 15,964,067 lb. and in 1827, 29,122,447 lb.—
We ascertain, however, from-the best and most impar-
tial source, that the great drought which prevailed at
the end of last year on the Continent, and the frequent
changes of last winter from mild weather to hod frost,
had been injurious to the fine woolled sheep; and it is
calculated, by the most experienced wool growers, that
the produce of fine wool in this year will be at least a
tenth part less than in any other average year.