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NO. 5250. ‘AFFAIRS IN EUROPE. ARRIVAL OF THE STEAMSHIP BRITANNIA. OMB WHEE LATHR. ‘The steamship Britannia, Captain Laing, reached this port about eleven o’clock yesterday morning, She sailed from Liverpool on Saturday, the 30th ult., and has had rather a tedious passage. Our advices are seven days later than those re- ceived by the Cambria at Boston. Some extraordinary arrangement of the steam- ship company prevented the press from getting their despatches till the steamer’s mail reached the post office. The steamship Niagara, arrived out at730A.M., on Monday, September 25. The Sarah Sands on the 28th. Our London Correspondence. Loxpon, Friday, Sept. 29—7 P. M. Lord George Bentinck—Position of the Protectionis’ Party—Contemplated Changes in Railway Manage ment—Theatrical and Sporting News—Shipping In« telligence—More Chartist Trials—Bank of England Dividend—Money Market, §c. ‘The sudden death of Lord George)Bentinck, (intelli- gence of which 1 forwarded in my last letter,) is the main topic of remark. The rather prominent position his lordship occupied latterly in the political hemis- phere, has occasioned a loss to thejprotectionists which they will with difficulty replace. I would not have you infer from these remarks that Lord George was an able leader of his party, or that he was a good states- man, He was neither. He had been too short a time engaged as an active politician, to acquirejthat experi~ ence and tact which the generalship of debating forces peremptorily demands, Much, however, may be said for him as a politician. He gathered together the scattered remnants of a protectionist army which every one else shunned, and by the most intense assi- duity kept them frem separation. He devoted much time to getting acquainted with matters of which a jittle time before he was almostignorant. He had per- severance, aye, indomitable perseverance, too, but he had no genius. He could hurl a shaft most effect- ively at @ political opponent; but he could ill bear its wound when it rebounded. In debate he was lively, sensible and acute, But never climbed the loftier steps of eloquence. He kept his hearers tolerably satisfled, but never startled them, For the two or three yeara that he rushed to the rescue of the “country party,” and led them on, he achieved greater triumphs than any statesman has, and any public man ever will achieve, ‘When he became a leader, he was so totally unac- quainted with its duties, that it isa lasting monument to hisindustry and perseverance, to find that he con- tinued to keep his post. This is merely a sum: mary of his parliamentary and public doings, As ® private individual, I think he was really liked by all parties who knew him. In his sporting | engagements he is stated to have been most upright and honest, never flinching from con- demning mean practices, however disagreeble the the operation He was buried this morning at Mary- Jebone old church, in London, where! believe many of his relations are interred. The protectionists are in asad plight. They have already hada meeting in one of the agricultural towns, when it was requested thore assembled, that the Marquis of Granby | should be Lord George’s successor. Of Lord Granby's utter unfitness for the post,[.am sure you scarcely require informing In the first place, he is very young, and much more deficient in experience than his pre- decessor; secondly, he is but an indifferent speaker, and has no weight in the House of Commons, One commodity he possesses, thought sufficient, I imagine, by his y to atone for other deficiencies—ho is a “(Marquie,” and the | peed like to be led b; titled man. It smells of sristocratic greatness, and sativfies them The body of protectionists are re- markably scanty to select a leader from, but should they persist in nominating the Marquisof Granby, they will be placings firm extinguisher on their fa- ture performances. There is but one man qualified: fer the task—Mr. D’leraeli. He,as your readers aware, possesses unquestionable genius, moderate statesmanship capabilities, and unequalled debating tact. He does not,! think, stand much chance by the side of his noble competitor, for he is but a “com- moner,”’ and supports himself by his literary labors. Let the choice fall on whoever it may, they will have no easy task to get through. The country party have @ few aticks to lose, consequently they are often rebel- liour, and will doas they like in spite of the entrea- ties of any leader. If Mr. Disraeli takes them in hand, he bas capacity to general them. Whether they will attend to him is a question that can alone be de- cided a year or two hence, & dangerous precipice; dangerous to themselves; but profitable to others; for, should they make butone false step, protection will be a thing of the past; and I am inclined to think the property the: have, will also be of the ideal in place of the reai. I ‘think there is probability of our, railway managment undergoing # material change. Your readers are, I have no doubt, aware that property in railways is at a fearful discount. It is, in fact, as much below its real value as it was above, some months S60, The directors are now becoming sensible of a diminution in the profits, and, consequently, the pro- ely receive a reduced dividend. A day or two ck, ® meeting was bro-ght about, of the onairmen of London and North Western, the London and South Western, and the Great Western lines. The object intended to be attained, was, if possible, to de- vise such measures as should raise the value of rail- way property generally. The plans these gentlemen intend) putting into tice, have not yet been made pub'ie; but it is satisfactory to learn, they were una mous in their decisions. The main points which direc- tors should look to, if they wish to decrease their expenditures, are, to have fewer trains, toreduce the speed of travelling, to ha less number of directors, Dut better paid, and prevent a waste of money about trifling matters. These are items which have a great influence on the expences of a railway. We shall shortly see, 1 suppose, whether the meeting of the three directors just named, will have a beneficial effect on the value of their stock. Newmarket is now the point of attraction, in racing matters, although we have had twe or three days of un- mistakeable rain. The Cesarewicth will come off speedily. It is currently reported that Lord George Bentinck won eighty thousand pounds, Derby, by Surplice, Mr. William Scott, the celebrated “jockey, has just died. He has been, for many years, a noted rider. He has, in the course of his sporting career, rode the winners of mine St. Leger’s, four Der- by's, and three Oak's. M jagby, the American Minister at St. Petersburg, left Paris on the 27th ult., (where he had been staying a week,) for Russia, 8 The theatrical world is now beginning to assume a lively appearance. The managers are all getting read for the coming season. Some have already opened. Phelps has Bot Sadler’s Wells, and began on Wednes- day with “Corfolanus.” In addition to his former company, he has secured the services of a Miss Glynn, &@ pupil of Charles Kemble, In time, this lady may ripen into am attractive actress. Webster has closed | the Haymarket, which he has kept open for the last month or two, with his Adelphi company, which he has now transferred to their original places, and com- menced his season. He has no arrivals. Charles me Vestris will open the Lycoum d Mr Maddox the Princess The- d his wife are at Brighton, tory audiences. Some private performanc will shortly be given by the Queen in juckingham Palace, which are placed under the ex- clusive management of Mr. Ke ‘The Distin family, the professors of the Sexhorn, have announced a fare- well concert, under the patronage of the Queen, at Drary Lane, after which they will leave for a tour through the United States. Bunn has jast i: d his ramme for Covent Garden. ; ished that rendered such in Monarch, left Liver. pool « few days sinve, for Lisbon and Rio Janeiro; but managed to burst her cylinder when a few miles out. She is now at Holyhead, where the captain has been receiving the congratulations of the principal person- ager, for his gallant conduot towards the survivors be- lomging to the ill-fated vessel that was burned, The Custom House authorities here have just called for areturn, showing the number of distinct sailin ships, of British and foreign register, together wit! their agg ‘and average tonnage. entered inwards and carried outwards between the United States and the United Kingdom, in the year 1847. Also, a similar return. ype the te number and tonnage of euch ships, including repeated voyager, together with the average of voyages of such vessels. The ise purport of the return ia not yet made pub- lie; but I do not —— it will lead to any impor- tant alteration in shipping matters The whole of the week has been ocoupied in trying num! four chartists at the Old Bailey. The names of the prisoners ling, Fay, Lacey, and Cuffy. The trial of the first is concluded, but not so the others. — The enquiry been a moa‘ tedious and prolonged one. These are the first persons who have been tried since the law was amended, by which fas found conepiring to alter the constitution of the country. are arraigned for felony. I think it will go very hard with Cuffey, who, if your readers recollect, made himeelf exceedingly notorious at the insane proceed- ings of the 10th of April. Sentence will not be passed y will most assuredly be convicted) until the remainder of the Nae joners are tried. Many of the chartiste have applied for their triels to be postponed until ession, whioh has been granted. The hore are still dreadfully frig ed about j €nd an instance of a person haying sunk They aro on the brink of | at the late | | before anything indicated his presence; but th under the disease at Hull, in Yorkshire, has increas- ed their fears. The Niagara anchored in the Mersey at 7 o'clock on the morning of the 25th, having performed the distance from New York in less time than any other steamer, Including the usual detention at Halifax, she wasonly out eleven days and a half. ‘The meeting of the proprieto.s of the Bank of Eng- land to decide upon arate of dividend, was held on ‘Wednesday last. I informed yeu the question would be decided by the ballot, as an amendment had been preposed to the original resolution. It was ultimately settled by a majority of 15 out of 261, that a dividend of 354 per cent, without income tax, should be at once declared. The amendment, which’ was lost, proposed that in addition to the above dividend, there should also bea bonus of one per cent. At the meeting, the shareholders gave a vote of thanks to the directors for the precautionary measures they had taken when threatened with assaults from the charti in April last. The prices in consequence of the above declara- tion, stand thus : Consols 857¢ te 863. Our Paris Correspondence. Panis, Sept. 27, 1848. Ledru Rollin’s Speech—Taxation—Prince Louis Napo- leon—Raspail—The One Chamber Question—Univer- sal Suffrage—Liberation of Insurgents. The great event whieh has signalized the week com- mencing after the date of my last letter, has been a great democrat banquet held in a new public garden which has been opened in the Champs Elyseés, called the “ Chalet.” This place occupies ground, which, you will remember lies between the Cirous and the Rue Faubourg St. Monore. On this occasion, M. Ledru Rollin delivered a speech which is variously appre- ciated here, according to the spirit and tendencies of parties, The ultra-democratio press lauds it to the skies, the moderate abuses it to the dust. The truth is, it was characterised by all that earnestness of pur- pose which marks the orations of this celebyated tri. bane. He is forthe restoration of the democracy of 1793 ; he is for the reign of terror, minus the guillo- tine, if you can understand this. His spe contain- ed an unmeasured attack on the republic 4s establish- edsince the revolution of February, whigh he charged with being utterly insufficient and below the level of its mission—with doing nothing for the people, and de- ceiving the hopes of the operative classes. This ban- quet was attended by about 400 persons, among whom were 80 or 90 members of the Assembly, chiefly taken from that party known by the name of the Mountain, In the Assembly, one measure of great importance has been carried by an immense majority, indeed by the whole Assembly, the Mountain excepted. This ire consists in an amendment of one of the 8 of the constitution, as recommended by the committee. There are two systems of taxation de- bated at present in France—one in which it is declared that every citizeg is bound to contribute to the public expences, in the Mrect ratio of his means; the other, in which it is affirmed that he is bound to contribute in an increasing ratio to his means, The one assumes that a certain fixed per centage, as it were, of the in- come of each citizen may be taken by the State for the common purposes of revenue; the other assumes that a small per centage only shall be demandable from those who have small incomes, and a greater per cent- age from those who have large incomes; and that the pee centage shall augment with the magnitude of the income. The former is called proportional taxation; the latter, progressive taxation; the former is admitted and supported by the moderate party; the latter is one of the great dogmas of the ultra democrats, socialists, and communists, It is easy to see that it would natu- rally lead to the confiscation of all property, and con- sequently to the expulsion of all moveabie property from the country. In the project of the constitution, as emanating from the committee, the phrase used in the article on tax- ation was intentionally equivocal, being equally appli- cable to the two systems. The object of the committee ‘was to leave the question still open to debate, and to aveid adopting in the constitution either the one sys- tem orthe ether, The Assembly, however, have, by an immense majority, adopted the amendment, which, in the most explicit terms, excludes the progressive sys- tem, and deelares that every citizen is to be taxed only in the direct proportion to his means, The second great event of the week has been the ar- rival of Prince Louis Napoleon, which took place a few days ago, since which he has kept himself so wholly secluded that his arrival was unknown. The first in- timation of his arrival was his appearance in the as- sembly, He had been @ quarter of an hour there certain agitation arose, showing that some more than ordinary event had occurred. Prince Louis entered by one of, the doors leading to the coridors, and seated himself on the same seat as M. M. Veillard and Havin. The result of the tions of Youne was tien de- clared. The proclamation was read among much con- fusion, and the Prince then ascended the tribune, and read from a M.S.,in@ firm voice,and with perfect calmness of demeanour, the following address : “Citizen yk ate tives—It is not permitted to me to guard silence after the calumnies of which I have been the object. 1 require to express here, frank- ly, and onthe first day when I am permitted to sit amongst you, the true sentiments which animate me | which have always animated me. After thirty-three years of proscription and exile, I at last recover my country and all my rights of acitizen. The republic has given me this happiness ; let the republic receive wy oath of gratitude—my’ oath of gratitude; and may my generous countrymen who have brought me | into this assembly be certain that I shall endeavor to | justify their votes, in laboring with you for the main- tenance of tranquility—that first necessity of the country, and for that developement of the democratic institutions which the people has the right to demand. Long have I been prevented from devoting to France only the mediations of exile and captivity; at presont, the career in which you are all advancing is open to ks me. Receive me, my dear colleagues, into your ra: with the same sentiment of affectionate confidence that I bring with me here. My conduct. always in- spired by duty, always animated by respect for the law, my conduct will prove, with respect to the persons who have endeavored to blacken my character in or- det again to Proseribe me, that no one here more than myeelf is resolved to devote himself to the defence and freedom of the republic.”’ Murmurs of warm approbation grseted this profes- sion of faith and good taste, and he was very warmly received by many of the representatives. The election of M. Raspail for the department of the Seine was then declared, when the Procureur General protested against his admission. The committee had pyres to declare the election valid, but postpone is admission until after his trial for the affalr of the 15th May, for which he ow @ prisonerat Vincennes. 5 is nep! wished to question the go- yernment as to the immediate liberation of his uncle, but overwhelming tumult expressed the sense of assembly on this proposition. M. Raspail, however, proceeded, and concluded by a motion, that M. Ras- pail be admitted to explain himeelf at the tribune, and to point out the real culprits, who are not (he said) at Vincennes. The Procureur General opposed this, ex- plaining the conduet of the magistrates, and the necessities of the judicial situation. M Deville then pipzoves that the admission of M. Raspail, and his ing heard at the tribune, should be put to the vote ; but this proposition was as ill received as that of M. Raspail, jun, In the midst of this confusion, the Pre- sident proclaimed the admission of M. Raspail. He then read a letter from the Procureur General, de- manding authorization to prosecute Raspail and M. Maxie, The Minister of Justice demanded that the juestion should be taken immediately, “d’urgence.”” ne or two members attempted to ad the Cham- ber, but the votes of “urgence” and authorizatio;, to prosecute were put, and successively adoptcu, both unanimously, with the exception of the mountain, If we are a judge b; ‘Torts now manifested, the government has exiertained wr, disproportional and exaggerated ny es of the possible or probable con- sequences of the arrival of Prince Louis. Several regiments are said to have been ready to declare him emperor, a night or two since. ommotion took place in that part of the Rue de ch is Boaz tha Rtue de Htohan, | ¢ was ocaasioned by the sudden and unexpected departure of the 6th battali the Guard Mobile, whion came fn-from Rouen 'sonzsely three weeks $f, ‘The commandant of thisfbattalion,M Aladevese, between 1and 12 o'clock at night, received an order to march wath it to Ruel, with an injunction to leave the small barracks at the extremity ofthe wing of the Louvre completely clear tor a bat talion of theline, which at break of day would come to replace the Guard Mobile, Notwithstanding all the good will with Which endeavors were made te carry this order into execution, it could not be completed till yr advanced hour in the day, and the battalion of the line was obliged to wait in the Place du Carrousel, with ite arms piled, until the barraeks were endy to receive them. |The appearance of the battalion and its remaining gave rite toan unfounded apprehension that it was brought thore in procantion againat some expected disturbance, though there were no indications of anything of the kind. The Goard Mobite were upon the best terms with the inhabitants of the peighborhood. who regretted. their departure. M. Alade- ‘vere; the commander of the 6th battalion of the Guard Mobile, old infantry officer, oor promised in the affair of Bou. Jogne, and was condemned with P:ince Louis by the Court of Peers. He was still confined at Ste, Palagte when the revolu- tion of February was made,” It was feared that the National Guard of the Ban- liew would march into Paris to the cry of “Vive ’Em- reur |”? and would be joined by the populace of the Fauburgs, the Socialists, the Communists, and all other malcontentr, No manifestations of this sort have at least as yet been made. Prince Lewis and his cousin walked quietly out of the Assembly yesterday after- noon and went to their home without any outrage, movement. or excitement. The Assembly is at present occupied in debating the question whether the republic shall be organized with one chamber or two, and this, as you may su; has brought Into play much ‘argumentative upon the great transatlantic experime: Th gy, however, fails in some important particu cially in this, that the American republic ia a 00 jon, whereas, that of France, is one and indi- visible. The decision of the question, here, however, is not doubtful, fae None ofa single chamber will be adopted by aconsiderable majority. Itis not expected that the minority in favor of two chambers will exceed 260, Crete be there are 132 members inscribed to epeak on this question, the patience of the Assembl will not stand such an enormous array of talk, and it ia expected that after the epeeches of M. de Lamar- tine and M. Thiers, the matter will be out very short, The most by ean question of all, at present, will come under discussion, in the course of next week, when the articles 40, 41,&c, of the project of the oon- he ppose, ec! stitution shall be discussed. These articles declare that the President of the republic shall be elected by univeral suffrage. It is, however, the intention of the | government at present, to propose to the Chamber that for the first time the election of President shall take place. not by universal suffrage, but by the As- sembly. The pecyend object of this is to expedite the organization of the republic, and putanend to the resent previsional state of things; but the real object 5 endeavor tosecure the election of Gen. Cavaignae. This will be opposed by the moderate party. or at least that portion of it which forms the Assembly, of the Rue de Poitiers. The party of the Palais Royal, including the more ultra-demoeratic,will vote with the government, Thé Mountain is doubtful, and will probably be decided by secret intrigue. Underhand ropositions will be made to General Cavaignac, to in- Sue him to pledge himself to certain measures ac- ceptable to the Mountain; if he does not consent to these, then the Mountain will join the Rue de Poitiers in opposing tl lection of the first ol ager by the Assembly, and they will form a majority. Bat even if it should be decided, which is not probable at present, that the election of the first President shall be made embly, it is by mo means certain that Gen. Cavaignac will be ted The exercise of his dicta- torial power, how moderate, has ‘raised against d my own impression is, that dency, in the Assembly, he would be defeated. The candidates in the Assembly, for the Presidency, would probably be Prince Louis Napoleon, Cavaignac, and M. de Lamartine; and the beller. at present, is, that of all these Prince Louis Napoleon would have the best chance. But if the election do not take place in the As- sembly, but is made by universal suffrage, then the- success of Prince Louis Napoleon is quite certain. You will see, therefore, that, under all eireumstances, his chances of being raised to the head of the govern- me ef the republic, are by no means inconsider- able. ANOTHER SPEECH BY LAMARTINE. M.de Lamartine has addressed the following letter to the members of the Democratic Club of Nismes, who addressed some observations to him on the asm ste h which he delivered in the National As- sembly “ Crtizens—I thank you for the republican blunt- ness of your letter. I thank you for the confidence and the kindne which it leads me to sup- in for me. I will reply to it also. It is the politeness who speak frem the heart, I am not a so- cialist, and never have been. Read my writings and speeches en this question from 1835 to 1848. Pro- perty, under all its forms, is sacred in my eyes. I have always said that I only knew one communism—the communism of sentiment ; that is to say, the religious love of the ple, the progressive series of institutions of labor, assistance, and practical fraternity, calculated to ennoble, dignify, and improve the condition ofall our brethren. In proclaiming the republic we restored their sovereignty to the people. To be sovereign they must be reasonable, otherwise they will soon lose the title and exercise of sovereignty. It is, therefore, for them now to govern themselves by their legitimate representation. If they do not respect themselves by honoring the men of their choice, in what will they do 80? andif they do not respect themselves who will respect them in the world? Recommend to them mo- deration and wisdom, which are what I never cease to recommend myself. You think that I betray and aban- donthem. You are mistaken I serve them inthe only manner in which they require to be served at this moment. The impatience which is caured among them will be the certain loss of all the rights they have conquered, and all the social advantages ofwhich those rights, wisely exercised, give them the pledge. If this misfortune occurs, eee will not accuse me —it will accuse those who mislead them. The republic, such as they desired it in February, March, and April, was the reignty of public reason, not the wilderness of impracticable sects and suicidal passions; and such is the republic which will instruct, moralize, and enrich the people. If, kage the violent prin- ciples of seotarians, the republic would give the victory to the enemies of haman reason and pro- gressive institutions. I could desire to make this conviction pass into your hearts with the same strength that it exists in mine. That is hence- forth the only service that I can endeavour to render to our country. Set aside after the storm, by the im- patience of rome. the resentment cf others, I have no other ambition than that of seeing the republicans of all dates and all theories unitein the idea common to all—of causing the republican form to be accepted as the regular instrument of perfect civilization. In this point at least, citizens, we are agreed; for whatever be the difference of our ideas the constitution of pro- erty, of labour, of branches of industry, we are Pressman —5e are brethren— we are republicans!”’ The idea of sending representatives into the pro- yinces, a8 emissaries, is not yetrenounced. According to reports in the lobbies ofthe Assembly, this measure is to be carried into execution, but instead of twenty- tix, only fourteen representatives are to be sent ‘These, it {seaid, will take their departure towards the ond of this week. In the evening of the 224, there were only 190 wound- ed of the affair ot June, remaining in the hospitals of Paris, viz.; 95 military and 95 civilians. A letter from Berchtesgadem, in Bavaria, of the 20tb, says:— Veuuday morning the Countess de Landsfeld (Lola Montes) arrived here, where the King Louis I. has been residing for six weeks Mme. de Landsfeld was in a magnificent travelling carriage, accompanied by twofemales, A great many persons of both sexes sssombled on her passage, and, uttering insulting cries, pelted her carriages with stones and mud, fost hotel, which was immediately surrounded bya detachment of troops, Several persons were arrested in the evening for hoving insulted her, “he Journal du Havre of yesterday, has the follow- ° ing:— Mt Cadet arsived here this morning by the railroad, at the head of 8 column of forty or fifty communists, who aro to embark stortly for New Orleana,in the Bromen ship Victoria, Captain jem. M. Cabet himself, whatever the Paris journals may say, is not yet disposed to take his departure for the Jand of promise, and is come to Havre only to superintend the arrangements for the passage of his disciples, Sertemnen 28, Prince Louis Napoleon has been returned for five de} ents. telegraphic despatch was received here yesterday, | announcing the accouchment of the Duchess of Montpensier of a daughter, at Seville, A meeting was held last evening, at the Rue de Poitiers, by the Parliamentary club known by that name, at which a very full attendance was gi Gen. Baraguay d’Hilliers was elected President, and M. M. Leon cher and De Falloux. Vice Presidents. The juestion debated was what course the party could fake upon the project for electing the first President io by the Assembly, instead of by uni- , a8 | have indicated already. T' resolved unanimously to oppose this, and to y every practicable means on the right of the Ia went to a m insist people at large to elect the first President, as every | other. It was resolved also, that if the amendment was insisted vpon, and brought to a division, that the party would decline voting upon the question alto- gether, and that they would rise in a body and leave the house. This may be considered as a settled point. You will see by the journals that the debate on the question of one or two chambers, was brought to an unexpected close, yesterday. The debate was signal- ized by two speeches of extraordinary ability, by MM. de Lamartine and Odillon Barrot, the one in favor of, and the other against, the system of a single chamber. The chamber decided by & majority of 630 against 289, in favor of a single chamber. The articles of the constitution will be now hurried over, without much debate, until the articles for the election of President, | which will be next week, and then will como the crisis. | I give you some details of the arrival of Prince Louis Napoleon in Paris. The Prince quitted-London in the evening of the 24th, passed through Holland, and ar- rived at Paris on the 25th, at seven o'clock in the He passed the night ata furnished hotel, fuitted on the 26th, The following ntciat he spent in another furnished hotel. ! ata told that he | will Zot adopt any fixed residence until he is assured that he may remain unmolested. He came to Paris, and the first intimation the government had of his ar- rival was his aj ance inthe Assembly, Some few of the many idlers of Paris have since surrounded the Arsembly; but they are kept at a respectable distance by the police. The address pronounced by him at the tribune has been favorably received by the lower clasees. ne, who have Cu syle Louis bee may, aps, draw a somewhat im: inary portrait of hin’ Hie fe Ghout five fost Your iwobee te wight, mall @ rather large nose, and wears a thick moustache ws, lip. His dress is simpl d gentlemanly. ake with a foreign accent, neither German nor , Which is explained by his exile of thirty-three One hundred and fifty of the insurgent prisoners have, this morning, been at liberty. All the forts e now cleared, except that of Ivry, where there are still 110 remaining. Panis, September 28, 1848. The Bourse and Money Market. The Bouree has suffered, this week, several alterna- tions of uneasy stagnation and rapid fluctuations. Every one bas been occupied with the elections, and the effects they are likely to preduce on the market. It is probable that if the moderate party, whose nu- merical majority is certain, had united so as to name their candidates, they would havesucceeded, and a con” siderable rise would have been the result. Prices have. however, been otherwise affected by the elections, It has bgen said that government was sbout to attach itself more closely than ever with the advanced repub- licans; and the very report that M. Ledru Rollin was about to be appointed to a ministry, caused a fall of 1f.26; though this was soon checked, by its being ascer-, tained that mo such arrangement was in contempla- tion. Although it is said that commercial matters are somewhat reviving, very little capital is as yet drawn from the market for them; on the contrary, every day remittances are made from the departments to Paris, to be bought into the funda, which afford a desi- rable investment in point of interest; the Fives, at 68, ving about 7}s,and the Threos, at 44, about 7 per nt. These remittances still keep up the market against the fall that would otherwise more decidedly declare itealf. Speculators are decidedly alarmed at the tendency of government to demand every day new oredita, be- ee the sums st ya in wie ;, Seeing that Aseembly does o out, suffiol \y rigorously practice, the Principle. iteelf proclaimed, of not au- MORN NG EDITION---- WEDNESDAY, OCTOBER 18, 1848. TWO CENTS. thorising any new credits, whatever their utility, unti; they had equalized the income and expenditure. Ithas been remarked for several days, operations have begun to be made in the Five per cents for the end of the month, with a marzin of three francs on the closing. This circumstance would indicate that a considerable rise, or, at all events, great variations in the quotations are expected. Much attention and interest are now excited by the new plan of the Minister of Finances, to organize cre- dit. We have but very imperfect hints of the bases of the system of M Goudehaux, but they are sufficient to influence transactions in the funds, and to occasion sales of bank shares which have resched 1600 francs. It has been said, also. that the directors of the bank had decided that they couldnot yet resume cash pay- ments, as had been demanded by several bankers. The bullion iu the bank y, it is true, be considered as high, in proportion to its notes in ciroulation, (228 millions of bullion egainst 372 millions of notes.) but there are 149 millions of accounts current, and several other amounts, which do not form parts of the notes which might be immediately called for, which would render the situation of the tank critical if it should its payments, and any unforeseen circum- were to ensue. Tl incipal cause of the uneasin prevails at the Bourse is the presumed situation of the market at the end of the month, many speculators fearing heavy deliveries at the settling. But as there is nothing to lead to the supposition that the orders from the departments will not continue to arrive, it is probable that many sales may be effected in this way, 80 “ not to load the market too heavily at the settling. We bave no particular news from Italy; but much surprise has been expressed that an official notifica- tion of the prolongation of the armistice has not been made, and doubts are beginning to be entertained as to its truth. However, the general opinion is deci- dediy against the probability of the resumption of hostilities, On Tuesday, the arrival of Prince Louis in Paris, apnouneed at the Bourse, accompanied by a statement that he had had an interview with General Cavaignac as his appearance had been for some time considere as to be likely to be productive of disorders, this news caused @ partial fall; but prices soon rallied, when it was ascertained that he had taken his seat at the As- sembly, and that public tranquillity had not been dis- which now turbed. Some i: is entertained at the Bourse that a pro- ject for issuing notes, in the nature of bank notes transferable to bearer, to be secured by the guaranty of real property or mortgage, will be proposed to the Atsembly; but it is not believed it will be adopted. It is not well received at the Bourse. The mere mention of its being likely to be proposed, has, however, caused a fall in bank shares. Railways have now almost ceased to be thought of. There is little or nothing doing in any of the lines Some statements in the Standard and Morning Herald, English journals, speak of the returning ac- tivity and improvement in commercial affairs, Un- happily the writers are either very ill-informed or have some view in what they write, since we can find little or noconfirmation of thisimprovement. Matters are decidedly somewhat better, but far from being in either a satisfactory or healthy state. A commercial letter from Havre states that business is resuming its activity. Most of the manufactories are at work, and nearly all their men have returned to their employments; but the manufacturers are rather preparing for expected purchases for the winter, than for any orders they have actually received. I subjoia the prices for the week 8Per Cts, & gd Cts. 5 Per Cts, old. Treasury Bank Bonds, Shares, 1635 Kept. 22,, 68 50 69 25 a 68 50 69 25 1620 “ 2, 68 50 68 75 1605 “26. 68 75 69 — 1615 ong. 69 50 69 75 1620 28,45 — 69 45 69 45 - 1610 American Post Office Restrictions on the Press. “British and North American Royal Mail 2 Steam Packet Company. Office, 14 Water street, Liverpool. § “GentLemex—From the piobable difficulties that may arise, in America, to the ships, by takiug any addressed newspapers otherwise than through the mails, we are constrained to refuse to receive, or to allow, addrossed ‘newspapers, or newspapers in addressed’ bags, to go on board in any other manner than through the Post Office. “ Yours, &e., “D. & C. MACIVER, “20th Sept, 1848. “ To Messrs, Willmer & Smith.” In publishing the above letter, addressed to ourselves and the press and public generally, we deem it proper to observe, which we do on authority, that this step has been adopted by the agents of the British and North American Mail Steamships, in consequence of the company’s agent, at Boston. intimating to them that the doings of the post office authorities, at Boston, warranted his pointing out that an infringement of the American post office law, on their part, might be visited with heavy penalties, The agents of the British steamships have, from the first hour of their operations, afforded to the American. prees the greatest facilities in the free conveyance and instant delivery of their papers, and we deeply regret that there should be any interruption to a faci- lity which has always been of such vast assistance and accommodation to the proprietors of the public journals. We are assured that the owners of these steamers are quite willing to resume any accommodation which they have heretofore given to the press of America ; but they must first be put ina position to do so by the post office authorities at Washington, as it is with them alone the difficulty has originated, and they alone can remove it. Doubtless, the carrying out of this order will entail great inconvenience and annoyance to the whole Press of the United States, and which will, of course, extend to the American public. All parties, however, connected with the press, know, from long experience, that on all occasions the agents have afforded them every assistance. We must, therefore, in justice, state that, in their nt movement, no choice was left them. and that they are not acting from caprice, or intention to disoblige. Negotiations between the United States and Germany. The Paris Presse of the 21st ult. says :—“ Mr. A. G. Donelson, American minister at Frankfort, is at this moment occupied in negotiating a treaty of commerce on the most liberal basis with the Central Government which has substituted itself forthe Zollverien. Eng- land, by her agents, is making a thousand efforts to em- barrass this negotiation.” Ireland. TRIAL OF SMITH O’BRIEN—APPEAL TO THE HOUSE OF LORDS. [From the Dublin Freemen’s Journal, Sept. 30,) We this day place before our readers a report of the proceedin; at the Special Commission up to the rising of the court on Thursday night. It will be seen that the entiré day was occupied with preliminary mo- tions and arguments, and that the trial, properly speaking, has not yet commenced. These arguments and motions. however, though of a preliminary. and, apparently, purely technical cha- racter, will have a most important influence on the bet of Vadgitie leying grounds as they do foran to the ap House of Lords, by s writ of error. ‘he late hour at which our express necessarily ar- rived, ing to the great distance it had to traverse, precludes our doing more than very briefly alluding to one of the more im it points raised by the able counsel for the Fak point which, bein; now on the record, entitles the prisoner to a wri! oferror, and which, if eventually decided in his yor, will xemodel the treason law in Ireland in one of its most important features—the facilities for defence to be afforded to the accused. The case will be found clearly put in the argumert of Mr. White- side. We may here, however, state that a person tried for A treason in England is entitled to receive a copy of the panel ten days before he can be called upon to plead, and also to a list of the witnesses who are to be produced against him. These privileges are obviously eesential in order to enable him to make his challenges, and to expose the untrustworthiness of the wit 8 80 often relied upon bythecrown. Mr. W. ably, and as we think, conclusively, argued that the which guarantied those rights to Englishmen plicable also to Irishmen. The court, never- 88, decided otherwise, and Mr. O’Brien got neither a copy of the panel, nor a list of the witnesses, The int raised, however, was too supesant as wellto ir. O’Brien as to the general public, to be allowed to drop there,and the able counsel for Mr. O’Brien laced the question on the record, with a view to 8 it the ground for an appeal to the House of Lordsin the erent of @ verdict teing recorded against his client. We cannot close this hasty notice without di- recting attention to the facts elicited with regard to the formation of ine, panels in Ireland. In thesCatholic county of Tipperary, where we under- stand that Catholics are on the jury-book in the proportion of three Catholics to one Protestant, the panel for Lig Baye hind commission gives eighteen Ca- tholics in list of two hundred and eighty-eight. This ancl was, of course, challenged, but of course the iers appointed disallowed the challenge, A private note received from our reporters assures us that Mr. O’Brien’s counsel are resolved to issue a writ of error in case of an adverse verdict. GENERAL NEWS. en is visited daily by his wife and mother. His agent, Mr. Potter: is actively engaged in reparing for the defence of his client, A notice has Been served by him on Mr. Hodges, the government re) r, calling on him to produce on Mr. O’Brien’s ti the notes ofall his speeches, which Mr. Hodges has reported, orthe transcripts of them, asit is Mr. O’Brien’s intention to examine him with respect to them. The agent has also informed Mr. Hodges, that it is his intention to serve him with a subpena duces tecum to produce the documents, nnd that the notice was served to enable Mr. Hodges to have the speeches ready for production. The Freeman's Journal, of Thursday, contains the tl Mr. Smith 0: following from Clonmel :— * Several persons of rank and position will, it is understood, at- tond frem England to give evidence on behalf of Mr. Smith O'Brien, in reference to the matters on whioh it was inally contemplat- (iinet hora Joha Rowell should be examined, wus whos toate mony will equa'ly apply to the matiers referred to, and thus ob- yiste the rrecessity for Fequiring the personal attendance of tho ‘and the collieries will be de- barrister, who has spocially ar- id, with his aido-de-onmp, Capt. M’Koazie, at three o'clock, and will remain in town aah arrivy Kilken during the sittings of the commission.” A Cork paper, in alluding to the charge of Mr. Smith O’Brien, remarks “ Diveot the indiounent againe, Smith O'Brien and M’Manus of jon and verbal balderdash, and you will find the treagon is rested 1; ‘three overt aete—the erec- e demand ‘made upon the po- on Inspector ‘s party in thohouse of widow Cormack. To conn rc: the prisoners. with these alleged over* acts n long list of witnesses will be examined, Livtle hope is entertained by ‘those who indulge in conjectures about the trials, that the leaders, especially Smith O'Brion and ‘M’Manus, will be acquitted. The contrary is the velief,’ The charge against Mr. Gavan Duffy, of the Nation, for high treason, is grounded mainly upon a letter, said to have been addressed by him to Mr. Smith O’Brien, and which was discoved by the police in the travelling bag of the latter gentleman, subsequent to his arrest. ‘esterday it transpired that the indi- vidual, s person formerly employed in the Nation office, who was to have proved Mr. Dufly’s handwri- ting in this letter, had suddenly decamped, and the crown will now find it necessary to establish the proof by other m It is steted that a gentleman who bad been connected with the Nation, and who now holds an office in a public department, has been served with & subpena by the crown, te prove the handwriting of Mr. Duffy, If we are to credit reports, it is evident that Me G. Duffy has at last shown symptoms of cow- ardice, A Dublin correspondent, in hii makes the following announcemen “My information is this. Formal notice has been this forenoon given 'to the government, that the great literary f thi confederate movement—the great eoncostor of its great architect of its organization—he who was the li of the party— the organizer of the clubs—the suggester of ambas- sadorships and of solicitations of foreign aid—in fact, the head and front of the Nation, has this day caused it to be announced tothe government, through his selicitar, that he does not intend to put the government to the labor of & prosecution in his outc, but that he is prepared to plead guilty to whatever indictment the crown may prefer against him, throwing himself upon the merey of the Executive, to dispose of him as may seem fitting in the case of one who does not even question its authority, much less offer any opposition to its paramount operation.” We announced last week that the Nation was to be revived. Since that, we are informed that Lord Cl: In the prospectus of the National, intended as the su cessor of the Nation, Mr. Fullam, who had been o nected with the latter journ: ble party. On Wednesday, pension of the Habeas Corpus Act was issued for the apprehension of Mr. Fullam, who, however, was out of the ‘ay when the police went to execute it. The warrant had been prepared some weeks since, but was not acted upon. It is stated that the intention of blishing the National has been abandoned. Some warrants against other parties were issued on Wed- nesday. Mr. *cillilea, the editor of the Waterford Chronicle, was this day lodged in Clonmel jail, on @ charge of high treason. Two young ladies, Miss Eliza Power and Miss Ryan, were arrested near Carrick-on-Suir, and eommitted to Clonmel jail, on the charge of being en- gaged in treasonable practices. Tho latter is charged with harboring her brother and Mr. O'Mahony, for whore apprehension a reward of £100 has been offered. The ladies were travelling on a car when taken into custody. Miss Power had fire-arms and a parcel of letters belonging to Mr. O'Mahony in her possession, The letters with avery novel head-dress, namely, parcel ef percussion caps, were found in her bonnet ‘urtherarrests have taken place—one, a man named Cunningham, allowed himself to be discovered by a pretended sympathiser, a detective, on a public con- veyance. Onthe 21st instant, Mr. Howley, resident magistrate of Dungarvan, accompanied by # detach- ment of the 7th fusileers and a strong party of police, paid a midnight visit to the mountains near Comragh, and si cceeded in capturing fourteen persons, known, to have been in arms uuder “ General” shoney, who had returned home, imagining themselves free from suspicion, They ‘were safely lodged in Waterford county jail. Amongst them is a publican from Rath- cormack, named Maher. At Limerick, a young man, named Thady O'Keefe, a smith, bas been arrested, on a charge of treason. ‘A person, named M’Cartney, who was private tutor to the children of Mr. Martin Fitzgerald. of Jessfield, but who, on the appearance of O’Brien, joined the insurgent force, took the com- mand of several marauding parties, and afterwards attempted to seduce some soldiers of the 83d regiment, has been arrested, and lodged in Kilkenny jail. Mr. Fogarty, and Mr. Burke, of Pallas, near Borrisoleigh, have been arrested. The Lord-Lieutenant has issued a proclamation, offering a reward of £100 for the apprehension of John Mahony, leader of the last insurgent movements at Portlaw and Glenbower. The Waterford Chronicle of the 27th, says :-—“ It is almost cer- tain that Messrs, Meagher, Leyne, and O'Donoeue put themselves in the way of being arrested by the police, owing to the base con- duct of some scoundrel farmers who used to ‘sot their dogs’ at these patriots whenever they sought shelter from them.” ‘The winter campaign against the payment of rents seems to have set in early—the King’s County, as be- fere, leading the van of the movement. On Sunday night a large party succeeded in carrying off the lands of one Kenna the produce of several acres of wheat, oats, barley, &o., together with a quantity of bay, which ‘was distrained for non-payment ot rent, by Mr. An- drews, J, P. The first step taken was to secure the keepersin @ house adjacent by a strong guard. Not the slightest clue has since been found as to wherea- bouts the booty has been deposited, although the moat diligent search is being made. Mr. M’Manus had decided upon defending himself, and attempting to justify the part he had taken in the late movement, but yielding to the advice of his friend: ata late hour in the night of the 27th, he sent for Mr. D nyer, of Tipperary, a solicitor of great experience, and begged of him to take his case, Mr. Smith O’Brien has undertaken to pay for com- ec legal assistance for all the poor men who are to e tried. leaving the choice of individuals to themselves. It is said that his own counsel have great hope of gain- ing a favorable verdict on the strength of some tech- nicalities, if not on the merits of the case. Sir Lucius O’Brien, M. P., has arrived at Clonmel, where he will remain,it is expected, until after the trial ef his brother. Mr. Meagher, M. P , has also reached Clonmel, and is frequently admitted to visit his sqn. Thomas F. Mea- gher, who seems to be in as good health and spirits as ever. It is stated on good authority that the whole stock of money on the persons of the leaders at Ballingarry amounted to £20 only! Proclamations from Dublin Castle have been posted all through the south, offering £100 reward to apy one whowill give information that will enable the autho- rities to arrest John O’Mahony. Reports are current that Mr. T, D. M’Gee isin the county of Donegal, where the officers of justice are in search of him Mr. Pennington, of Cork, who, it will be recollected, had booked Mr. M’Manus at that port for a passage to America, ander the name of Corcoran, bas made appli- cation to the government to be admitted to bail, aud has had sreply informing him he will be put on trial for high treason at the next Cork assizes. A mot of M’Manus, the “ rebel leader, which indicates some coolness on hi: and Meagher being accommodated in the hospital por- tion e prison, Leyne and O’Donohue expressed themeelves hurt at the distinction, when M’Manus ob- erved, “ You are anxious for your comfort, my lads, but. you seem to forget that, before ten days pass over, we will be all either hanged or transported.” It is said thatan insurance company, in which Mr. 8. O’Brien had effected an insurance on his life six- teen years ago, refused, last week. to receive the ac- eruing premium. This may have been a very cautious step, but its strict legality is rather questionable. From tho Freeman’s Journal, Sept. 30.] ‘We have just received a letter from Rome, which we take the following important extract relative to the final condemnation of the government colleges, and the frustration of the bribery scheme. The writer is eminently qualified to speak on the subject to which he allud “A few days more and the infidel colleges will stand condemned for ever. The bribery scheme, as affeot- Ing the olergy, must fall also. They are all so many springs of the same machine, to achieve the utter pros- tration of Ireland.”’ ‘The army in Ireland for September, 1848, consists of the following troops, via :-— ‘Ten Reoiments oy Cavatny.—viz: Ist, or King’s Dragoon Guards, 2d Royal North British Dragoons (Scote Greys), 4th Queen's Own Light Dragoons, 6th (Carabineers) Dragoon Guards, 6th (Inniskillen Dragoons, 7th Queen’s Own Hussars, 8th Royal (ris Hussars, 13th Light Dragoons, and 1th Lancers, Two troops of royal horse artillery; 12 companies of Infantry artillery, with field and rocket batteries; of: ficers of the Koyal Engineers; one company of royal sappers and miners, Twentynine Reciments or Invantay—viz: let Royals, 2d Battalion; 2d or Queen’s Royals; 3d Butts, _ 6th Royals, (Recruiting Battalion,) 9th, 13th Light In- Welsh.) 43d it Infantry, , " , 5oth, Sts toth 60th Kitles, (2d Battalion.) 64th, 68th Light Infantry, Toth, 7ist Highland Light Infantry, 74th Highlanders, 76th, 834, 85th, 80th Regiments, and 02d Highlanders, nine depots of Infantry, 7th Royal Fu- siliers, 19th, 34th, 38th, 66th, 73d, 70th, (Cameron Mighlanders,) 88tb, (Connaught Rangers,) and 96th. Royal Marine Artillery, Royal Marines, and. Staff of Militia Regiments. Being we ettective force of 36,000 rank and file, of all arms and recruiting parties. The French Republic. Panis, Thursday, Sept. 28—6 30 P. M. debate on the t question of the Presidenc: republic will commenced immediately. [t = bly come on to-morrow, but certainly not han Mon from The of th lat The several parliamentary et held meet- inge last e ing at their respective places of ren- dezvous. The meeting at the Rue de Poitiers was very nume- rously attended, upwards of three hundred members being pi General Baraguay d’Hilliers was elected President, and MM. Leon Faucher and de F louse were elected Vice Presidents, The meeting dis- cussed the question of the amendment to be proposed by the government party on the clause of the constitution which declares President of the republic shall be elected by universal sul . One of these jects is to the effect that the election of the President forthe first time shall, hac vice, be made by the Assembly, tnd hot’ by the people: ‘The object of this, as | have already explained, A some chance to the election of General Cavaignac, itted to the test of the popular vote. The faveting resolved aoaBimously to repulse this measure ry available mears, their dissent the ultra-demosrats, the aid of the hereon dl it, the party of the Rue de government party can carry | mndment be pressed, and it shall | made Poitiers will withdraw from the house ina body. de- clining to vote Such was the rerolution taken last evening. They also resolved not to consent to any re- strictions upon the popular choice of a President, sucls as thore intended to be put forward in some ef the amendments. The object of there is personal, and is to disqualify Prince Louis Nap :leon and the Prince de Joinville, ‘The party of the Rue de Poitiers, in fine, de- sire that the right of the people to choose the President shall be not only immediate, but unrestricted. ‘That they sball not only choose the first President, as well ae all succeeding ones, but also shall choose whom they please Atthe meeting of the party of the Palais Roysl, which consists of ultra-democrats; not—however, in- cluding the extreme party, which, from the want of any other name. we must call the Mountain—I{t was re~ ved to support the amendment giving to the Assem- bly the privilege of electing the first president, he party of the Institute. less democratic than that of the Palais Royal, and les moderate than that of the Rue de Poitiers, were very much divided, and came to- noresolution, A party of there would vote with the- party of the Rue de Poitiers, and the other with the: party ofthe Palais Royal. The Montagnard party, which had also a mocting leat night, resolved to support an amendment, to be Bropoted by M. Grevy, for maintaing the dictatorships ofthe Assembly, the chief of the executive to be named "Nothing of interest took place to-day in the Arsem- bly. The state of prostration to which commerce im Paris has been reduced, continues without any mitiga- tion. Visible evidence of this is presented to all wno resort to this capital. The number of shops closed in all the principal thoroughfares cannot fail to strike the most cursory obrerver. Much astonishment was produced on the Bourse to-day, at the official note which appeared in the Moniteur. disavowing the loan announced to be under- taken in London, and declaring that no intention was entertained of calling for any new credit. It is re~ ported that the first steps taken by the English house, (Devaux & Co., who are connected with M. Goud- chaux.) were not attended with such satisfactory re- sults as were hoped for, and that, anticipating the failure of the negotiation, M. Goudchaux thought it best to disavow ull participation in the proceeding. The news had a bad effect at the Bourse; many pur- chases which were ordered yesterday have been coun- termanded to-day. Various reports, of a political and financial nature, have bad an unfavorable effeet on the market. Among others, the resolution adopted at the Rue de Poitiers, which I have mentioned above. Nearly when the post was closing it was reported that unfavorable news has just been received by the govern- ment from Turin. A cabinet council has neen suddenly convoked at the hotel of General Cavaignac. Notwithstanding the external appearance of tran- quility in the capital, the government is far from being atease. A meeting of the commanders of the several legions of the National Guard was convoked a fuw days since, by General Cavaignac, to obtain informa tion as to the spirit which prevailed in the several le- gions. A second meeting has taken place, at which the colonels accidentally absent from the first were present. The commanders in general expressed their opinion, that if the rappel should be beaton, the Na- tional Guard would come out in considerable numbers; but some of them expressed much apprehenston in the event of any Bonapartist movement, and felt but !it- tle reliance on any cordial co-operation with the gov- ernment in such an event. The debate im the National Assembly on the article of the Constitution, which enacts that a single lugia- lative body only sbail exist in France, was terminated, as every body believed, yesterday evening by the re- jection’ of the amendment of M. Duvergier de Hau- Tanne, which proposed that there should be two. On a division the numbers were— For the amendment. : 289 Against it ...... " 30 Majority for a single chamber .. Notwithatanding this decisive vote was resumed Ly an amendment proposed by M. Barthelemy St Hilaire, to introduce the word “ provisionally.” in. order to leave the question open for the new Assembly. A disorderly discussion thereupon arose, which was terminated by the advent of night. The motion is to be further debated to-day. Notwithstanding all that bas been said, and truly said, of the paucity of republicans existing in France at the period of the revolution, “the republio? wold appear to be making progress in the provinces. | M Laiseac, the republican candidate, has been elected represensative for the department of the Herault, ia opporition to the Abbé Genoude, editor and pro- prietor of the Gazette de France. "Thit peaceful vic~ tory of ‘the republic ” ir, however, sadly qualified by the progress of socialism and communism elsewhere. General Cavaignac and Louis Napoleon appear to be on the most friendly terms, for they were observed to enter the Assembly arm-in-arm. ‘There was s public dinner held at the Chalet to cele~ brate the anniversary of the proulamation of the firs French republic. M. Audry de Puyrayeau presided, and in the couree of his speech expressed the de- light which he, an old republican of 1790, felt at Presiding on such an occasion. The meeting was addressed by M. Ledru Rollin in a remarkably violent speech. After declaring that he admits the right of labor in its tullest extent, and contending that there is enough of capital in France to carry out the principle, M. Ledru Rollin thus proceeds:— What, citizens! France has act the resources which were found by England to combat the continental block ade and support her commerce. England was able to subsidiee against us six coalitions; she was able to overcome the genius of Napoleon in 1815; and yet France, more rich in real property, is not able to find money for her laboring classes. No, It is not possible, ard those who make ure of such language are the calumniators of the country.” (Loud applause.) Energetic measures were taken at the close of Inst week to maintain the tranquillity of Paris It appears that some persons hd organised & species of ovation in favor of Prince Louis Napoleon, which was to con- sist of a numerous procession along the Boulevards to the hotel of the president of the executive government, demanding the repeal of the law of banishment, brought temporarily into execution after the late elec. tions, Thanks to the firm attitude assumed by the government, and the active measures which it took, the parties who had designed, this manifestation were induced to renounce it. There were no indi sembly to-day of which many ex; ions within or around the As. any of that extraordinary excitement joted would follow the appesran place, left of the Chamber, in the midst of a number of members of the moderate party, but also in the neighborbood of many of the ultra-democrats, He showed a marked attention to the speech delivered by M, Lamartine, on the question of one or two chambers. There was no demonstr: er in the streets. as Prince Louis Napole nt to the Assembly. Government has received a telegraphic despatch to~ day, from Bayonne, announcing the accouchement: of the Duchess of Montpensier, at Seville, of a daugh- ter. The des Alpes Maritimes of the 16th instant, states that instructions have been forwarded to the Army of the Alps, to countermand the preparatione for war which had been ordered ; but it is believed that the Army of Observation will remain united on the front/er until the Austro-Italian question is set- tled. The Army of the Alps, which was about. to be raised to 70,000 is to be maintained at 40.000. The ‘dea of forming divisions at Dijon and Strasburg appears to be abandoned. An incident occurred the other night at the Opera. Comique, Paris, which though trifling in itself, is not: without to the direction now taking by pop Auber’s opera of “Hayd nm (Domenico) exclaims, in the third act, “ Ii nous faut un souverain ” (We must have a sovereign.) ‘These words excited an electrical effect. The audience, with one consent, burst into shouts of applause, which were. renewed three several times. ‘The death of M. Gent, wounded in a duel by M. do Laborde, is now announced to have taken place on the. 25th instant Insurrection In Baden. Baden has declared itself s republic, and held out the right hand of fellowship to the Frankfort insurgents, with the view of converting all Germany into one re- public. It seems that Struve had returned to the Grend Duchy to take his trial for certain artick: which he had published in his paper, the Spectar Allemand. With all the promptness and facility of a harlequinade, he was, however, transferred from the position of isoner to that of a ruler. He was re- ceiv: d with enthusiasm at Lorrach, and conveyed to the Hotel de Ville, where he harangued the le. The &: by result was, the arrest and imprisonment of magis~ trates and other government offic sove~ The tocsin sounded, t! ng Communes rose, the refu; Lo. ir ecw the Landstrum was calle oan lic proclaimed, and the republican army div three columns, was marching upon Carisruhe, having previously broken “ane railway to prevent the ad~ vance of the troops. ‘hen the accounts left, the re- ublicans were completely masters of Lorrach. he revenue collectors had taken the oaths to the republic, and martial glaw been proclaimed against traitors and reactionaries, Orders had been given to the suthorities to keep the toc- sim ringing all day in the different communes, and signal fires burning on the mountains all night, to ar- rest all monarchists and sequestrate their property, and to call out allthe young men capable of bearing arms, and direct them to present themselves at the chef liew of the district Ail these orders were issued in the name of the republican government, and sigued «“Struve.”’ It is raid that the Baden insurgents have taken Fri- borg, im the Black Forest, and the French Patrie of Sunday publishes a letter from Mulhause: ing that they had ta tisruhe, deposed the Grand Duke, and marched upon Frankfort. The following letter, [Stauffen, the 24th inst., announces the complete «lefeat of the republicams in the Grand Dueby of Baden — “This morning, at 6 o'clock, Gen. with two battalio: squadron of § pieces of artillery, Several bands of rebols were ob- served in the mountains between Stauffen and fHeit- enheim. General Hoffman gave orders to attack them, which would certainly | but they fled to Stauffen, where they raised barricades, and cut down the bridge over theNeumagen. The troops attacked in two columns, one commanded by General Hoffman, the other by General @eiling. The rebels obstinate resistance, but were finally routed. The troops lost two killed and ten wounded. Tho lose of the rebels was considerable. Struve effected hie