The Express.
London, England, 1852-12-13 00:00:00

COMMERCIAL AND MARKETS.

MARK-LANE.—THIS DAY.
The supply of English Wheat at market this morning
was again small, and condition very indifferent It was
readily cleared off at an advance of 2.. to 3s. per quarter
upon the quotations of this day week. Foreign Wheat
was held for a like improvement, at which advance there
was less disposition to speculate, at the same time a goad
demand was expxrienced for consumption.
The top price of town made Flour was advanced to 465.
per sack, and sweet American barrel must be quoted 2s. end
sour Is. 6d. dearer than on Monday last.
Barley was in increased supply, and Is. per qr. cheaper.
The arrivals of Oats have not been large, and their value
was unchanged from Friday, but 6d. to Is. d than on
Monday last, hut there was less activity in the trade than
last market day.
Beans and Peas were in fair request at former price..
ILLEITALE INTO LONDON FILO/4 4th DEC. to I Ith DEC.
musiQrs... 7ta
1140. deotee.
Eerier
Oats 7O 1000 I 700
1171 10130 / 4012
Malt ..... 1623 14
Flour, 2770 tank sad sacks.

MINCING-LANE.-THIS DAY.
The private contract markets are inactive to•day,
although must aetecles have a steady appearance.
Tait.-The good consuming qualities of Congo. from Is.
to ls. 24., continue in fair demand by the trade ; common
Congo. maintains last week's quotations, but speculators
do not buy freely.
METALS.-Iron: Scotch pig has advanced about 2s. ;
mixed numbers, 6,55. Cl. to 67r.Cd. cash and three months.
Tin : East India, 800 slabs Straits sold 80. Od. to 90e.
which was about 2a. decline, but on the advance of 2a. on
British being steamed ths market became firm, and Banes
is quoted 955. ; Straits, 935. Lead shows a further advance
of 6s. to 10a , with a good demand. Copper quoted firm at
last week's prices. Spelter is dull of sale at former prices.
On.s.-Seal, pale, 351. 10s. ; straw, 341. ; brown, 331. to
331.10. ; sperm, 88/. Os. to 871. lOs ; headmaster, 871. to
881. ; cod, 331. 10s. so 34/. ; South Sea, 33!. to 381. ;
Olive Gallipoli, 58!. 10. to 69!. ; Spanish and Sicily,
661. to 571.; palm, 331. to 341. 10s. ; cocoa nut, 381. to
401. ; seed, rape, pale, 341. to 341. 10s. ; linseed, 291. 6s. to
291. 10s.
The public sales declared for tomorrow are :-Sugar
200 'Ads. Barbadoes, 7,000 bags Mauritius, 5000, bags
Bengal, 1,200 bags Madras. Pepper: 1,000 bags. Pimento
300 bags.

SMITHFIELD MARKET.—THIS DAY.
This being the annual great market, we have a large col-
lection of very fine Beasts—not, however, many more than
usual on this occasion. The quality of the supply is very
level—not of the wasteful descriptions we have had in for-
mer years. The mild, damp weather is much against the
trade; still there is a fair demand; 4s. 4d. is given in some
instances for a few show thii.ge, but 4s. la talugh to
quote as a general price. The supply of Sheep is very short,
and sizeable ones are sold dearer ; trade is exceedingly
heavy for big fat ones, at prices lower than was anticipated..
The number of Calves is quite equal to the demand, and
prices on the average are no better. From Germany and
Holland there are 389 Beasts. 1,400 Sheep, and 180 Calves ;
Scotland. 560 Beasts; Norfolk and Suffolk, 400 ; Northern
sad Midland, 4,000; and 700 Western Counties.
Per ewe et alto. •. 4. ,d. ne Moue of ate s. 4. aJ.
Den Nosh, Herefords.. 4 0 4 4 I Best Due a 113.-bls. els 6 • 0 •
Illsalbatiserns . 3 0 4 0 Pun LOOR-WOO6 •••-• 4 0 4 4
essandivallty Bens... 3 1 3 6 , !ha. do. Oboes
Onlvss ....... ....... 3 0 4 1 Evros splesooad quality 0 4 310
!10
Rea Po. • 114361.rea• 4 6 4 8 Lamb......
Hans st rearkot. 6,211; dhow and Lush., )),5711; Lblvos.
Pip, 310.

TALLOW MARKET.—THIS DAY.
The market is quiet, with no disposition to operate for en
advance. Town fallow is quoted 465. ; Petersburg Y.C.
Olt the spot, 465. ; all this year, 46e. 9d.; Jan. to March,
(1863), 465. 6d.; October to December (1863), 434.
PARTICULARS OP TALLOW.
I 1330. I Islll.

11162.

Blsit We day Casks 36,152 68,451 43,819
Daum lest west
De. Den lot Jute
Anima kietwesit.... .....
Do. few let Jane .., .
lies Y. O. Ms day par ink 37 . ed. lib. Ild. 46% ed.
Da Toms , 394. ed. MN. ed. 494.94
Arrivals for the week ending Dec. 22 last year, 128
casks; and delivery, 3,106 cask,. The arrivals last week
comprised 1,338 cask. from Australia, 423 from South
America, itnd 185 from other places.—Total, 1,928 casks.

Arrival
Do. ft
Prier 1r

BOROUGH MARKET.—THIS DAY.
Weer,. Pattenden and Smith report th
tor'lope still continues good, with prices ANA
supply very limited.
. ..4/,
•

~~

r_~ i

Cti

, ,

the Orpreao.

TO (•" IR! t ON OKNTF.

l'Alique .1" e.r L.pre.," eirsithiac; Ito nem. neolrt.
" Gasette."l. publighld ,'et Tends, mil 11r.eal ~411. t. 1. tare
ket pail.
allgertrobw.loord..l.or Meer-"," Limas, lkyruaig
the Mt, '. 10. Soumrti.orvet, Teu • 'r.oek ee :be
4.17 of ogimma..

111.1 H WAI MK IT I.OIIIPON RIZIDOR
Tn• 011, -,40, 34 132,
1.41311a11W--Norawa 41.42 a

LONDON. MOND.4 T. DECEMBER 13.

To-sumer the I louse of Commons is to continue its
discussion ut the Budget ; and in the performance of
that duty a ill hate to deal with the various points
sonnecte el with Mr. Disaamot's proposition,—not in
the natural ender of their various importance, but
rather with the view of doing what may he beat done',
with the scheme as it hat pleased its author to place
it before the House. k:very item has by this time
been canvassed in every part of the kingdom where
pockets ale to be meddled with, nod from every
gust ter t lie re-pouse seems pretty mach alike. East and
west, north and south, thechief feeling Is disappoint- '
ment mingled with disgust. At first blush people were
inclined to give some ear to the lenient...a of the
Cusses:Liam of the Elms:tit:Ea in favour of ex-
tending direct taxation; they thought they saw in
his tea project at least au instalment of fiscal reform,
and with the generosity which the nation is ever
ready to manifest towards a repentant for they were
ball ready to hail Mr. lotsuAru as a Free Trade
convert, striving, so far as lie could, to prove his
sincerity in his new political faith by the offer of an
extension of that free commerce it was so long his
business to oppose. A week has elapsed since his
ire-hours-lung explanation, and the film has moved
of the julthe sight. They non see that instead
of being either Literal or Free Treling the Budget is
a•thing lee. than a combination of blunder and sham.
When -he meddles with the Excise, Mr. DisnvEtt
selects a tat always more readily paid than any other,
and, with the false pretence of relieving agriculture
generally, would in fact throw two millions and a
LLB chiefly into the pockets of the great brewers—al
small margin of the huge sum falling to the share of
those few l'rotectionist landlords who have fine
barley-growing land. lied he honestly wished and
wisely gone to work to reform Excise duties, be
would have selected an article like soap, fur instance,
and have moved the manufacture of the commodity
entirely out of the clutch of the exciseman, by
abolishing the whole tax upon it. The people would
then at once have had cheap soap; cleanliness,—the
virtue ranked in old days in England as next to
godliness,. —would have been promoted. and, through
it, health also. The soap-makers would have
had the same chance the glass-makers had some time
since, and the national wealth would assuredly have
grown by the fetters being stricken from the limbs
of a valuable branch of commerce. Sup contributes
less than one-fourth as much as malt gives to the
revenue, and it is twice as needful to the people.
Every infant, every growing child, every woman in
the empire, needs soap, but a large section of them [WC
no
malt. 'Taking into account the relative ages, cir-
cumstances, and tastes of the twenty-six millions
forming our population, not more than one-third, at
the very outside, an be classed as beer-drinkers.
Thai we have two good and solid reasons why an
article like soap should have been set free before
malt; first, because the abolition of the tax
would have cost leas (malt giving in the year end-
ing January, 1852, upwards of tire millions thirty-
five thousand pounds sterling, whilst soap gave but
one million and forty-three thousand and twenty-
seven pounds) ; and, second, because twenty-six
. millions of peisons are soap consumers, whilst cer-
tainly less than nine millions consume malt.
In the sense, then, of national benefit the proposal
to sacrifice half the Malt 'fax in preference to giving
all the heap Tax, at a far smaller loss to the revenue,
is a palpable Blunder. Mr. Inca %ELI might possibly
reply that he wished to take off more than the total
amount paid on soap—might declare he wished to
take off taxes to the tune of fully two and a half
millions,—as on malt, —instead oriels than one and a
quarter, as on soap. If this was his plea let us
inquire whether the Blonder is any the less.
Malt, in the year ending January 6, 1852, pro-
duced—

£6,031,569 0 0

11.11 of which is
Instead of touchint half the Malt Tax—to make
113 huge a gap in the national resources, lake-Mg the
cost of collecting the whole tax to be an incubus
upon the remaining half of it—a Chancellor of the
Exchequer who kucw his duties and desired to do
them, might for that sum of 2,317,;94f. 10s. have
removed, not one half, but the whole tax from the
following articles, producing the following sums:—
Coffee
t Butter
i Cheese
limbo./ earri.ges
Casdlos sad tallow
Timber
i BJap

1:2,413,48$
I,eouctiep this total from the half of the Malt Tax
we see that for 102,0004 • year less than Mr. DISRAELI
to throw off the Malt Duties, we might
vs Free Trade in Coffee, Butter, Cheese, Soap,
C.,odles, Tallow, Timber, and Hackney Carriages.
This view of the case surely aggravates rather than
lessens the contemplated Blunder. But the CHAN-
EELLoR of the Exenetwea has other views. He
wants to provide o Compensation" for the landlords,
and he says that taking off one-half the Malt Tax will
afford this. Here again he reckons falsely. His
plan will give nothing I:ke general,—indeed, it
can give only very partial,—advantage to the landlords.
It has already been fully demonstrated that only on
certain limited spotscan the reduction of the Malt Tax
have any sensible influence in raising the price
of produce, and the bulk of the repealed tax
must fall into the hands of the huge monopolist
brewers. The benefit even to them is very doubtful,
inasmuch as every increase to their present enor-
mous profits makes more manifest the need, and
more early the day, fur • revision of the licensing
system which must split up their monopoly altoge-
ther. This part, then—the " compensation" part—
of Mr. insasr.l.l's project is as great a Sham as the
other portion is a Blunder.
, Though the debate to-night is really on the whole
of the Budget, it is nominally on that first
Resolution which, if passed, will double the House
Tax. On this resolution the division at the
close of the debate will be taken. Unless this
double House Duty is conceded, the Malt Tax
cannot come off, and the Conjuror will be stopped in
his career of cajolery and mistakes. All those then
who object to a• portion of the Budget will, by
voting with the Ministers on the House Tax, practi-
cally be sanctioning what is objected to. A vote in
this case cannot be regarded as • vote upon the prin-
ciple of a tax on houses. We already have such a
tax, and the principle therefore is conceded. No new
vote is wanted to show that the Iluuee of Commons
is inclined to grant • tax on dwellings. The vote
now pencang is, in fact, one on the question whether
a tax is to be doubled or not. Such is the clear
and simple point at issue, and the opposition to
this doubling of that Tax is ea noble and
upright as was the opposition to Ship Money
or any other national negative ever entered against
an unjust demand. The essential restore of the
Budget is its total lack of principle. It touches all
branches of the revenue--Customs, Excise, Assessed
Taxes—but each without any broad rule of policy,
any guiding, statesmanlike intention. It would
upset revenue seemingly in sheer ignorance of the
smellier done, and would transfer burthens an though
'Englishmen were too dull to see the injustice so
clutosilj hidden during .he attempted trick. A vote
on this trick—a vote on thir attempt to double the
tax on our houses—is the vote now impending, and
the division lists upon it will show who are the men
the 'furies can bully, buy, or cajole into auppuiting
Mr. DISILAELCA Budget of Blunders out Shouts.

NA VIII 13/REAFORI, has,—Forth in his evidence and
`tin his currespondence,—given ue ratio r no instructive
glimpse of bow the *lnt ice manage elections. A rude
of mosims, if me of morality, rirght be drawn up from
the B).CRCTAILT•AT- WAR'S late contributions to the
inner life of Tor tactics. First of nU, the Tories
have a great club in London,—the Carlton ; a very

proper, coalmen:l/41de, and agreeable institution, no
doubt. when used for the legitimate club purposes
lof meeting and associating together : reading newe-
papere in the morning ; writing letters to save the
post in the afternoon; eating well-dressed cutlets
' ' and sipping good sherry at easy rates in the even-
-1 tett ; and for all the other useful purposes a club
, I may be put to. But the Carlton Club, it seems, is
much noun than at. ordinary, common-place political
club. It is a sot tof re-union fur " managing the
elections;" for providing "good men" as cauldittates;
and for sending down "sate and quirk men," when
wanted, for such places as Derby. For these
ends it constituted, it would further appear,
Major Besesroen its captain-general. Ile
had a " private room" assigned him ; he had funds
provided him; in his turn employed ageuts--amongst
other. the trail Mr Feats, at 3001. a year; he had
authority to open other members letters, and [an-
swer them; lie had a network of correspondence
land communicution spread over the whole kingdom;
and it all centred in the Carlton Club, and in his
private roue" there. In au electioneering sense,',
, the l'ariton Club is a great power in the king-
don, and of it Major limiest-lien was the Prime
Minister; and Mr. hem a paid agent. Whether
Mr. Fast,. was also a member of the club does nut
appear; probably, however, he only had the run of
the kitchen ; occasionally hobnobbing with the Major
in his " private room."
Thus we get at a general conception of how the
Tories manage things at elections. A great club
provides large fund., and appoints an unscrupulous
gentleman to dispense them; he employs subordinate
persons to run over the country, and be here, there,
and everywhere, us occasion requires ; he
gets into corretipoudense with a needy impatient
lawyer in every town that is corruptible ; and he
keeps a list in hand of every would-be legislator who
is ready and willing to " arrange " his way into the
House of Commons, there to sit on the Tory benches.
This is, of courac, known to the Tory agents and
runners in venal boroughs ; so when they want a
candidate, they are not put to the trouble of looking
about for a qualified person, for a main of eminence or
established fitness, for a person likely to be useful
or creditable in Parliament. That they leave to
the Libera a; and up they run to the Carlton Club,
and there call on Major Beassroten, or Mr.
144ov:sae. The very porter, it appeals, knows such
customers and raters by their look. They rush
from the train to the club, a little flustered perhaps,
I and not very clean: they have an aspect of provin-
cial mystery about them; they aro a little familiar
with the man in plush; and, above all, they must
see sonic otte—they do not care who it is. The last
assurance at mace admits them into Major Beam
ronn's " private room." Mr. Bitowss is summoned
—Mr. FttAIL too, it may be—and things arc did-
CUM-IL as the Major would say, "coolly."
The Major, however, knows his customers. He
is, therefore, always very " short of money." The
general election cost, he assures his visitors, such a
frightful sum, that at present there is none to
spare. The provincial 'Roily looks drearily at
the floor. "It requires money, he submissively, but
suggestively, remarks. The Major " knows it ;" and
thinks, as far as a few hundreds go, he couid
raise them. FRAIL is, of course, at their ser-
vice - and he is a deuced useful fellow—
makes a little money go far, and is ready
to run down in any costume that circum-
stances may require by the next train, and
" wont like a horse." The agent goes away a little
disaointed, but, gaining courage at his hotel, writes
the Major a somewhat strong note : the Whigs and
Radicals, it duly records, are quarrelling; they can't
agree as to a man; they have neglected the register;
there is, too, a good deal of distress in the town ;
people are out of work; and by some judicious
lexpenditure a seat may certainly be won ;
and, if won, can be kept. The Major is
not apt to be deceived by strong notes
of this sort ; he has his doubts, and his doubts
support his essououty. Ile can send "ii good anti-
Popery matt" down. Would not that do instead. of
money ? Not a man to lore people about religion.
Nothing of that sort. 'file Major has a horror of
such fellows ; he loaves them to the Morolny Herold.
" Saints arc not fit for a contested ekction" is one of
his fundamental rules. Or, if an " anti-Popery
man" won't do, perhaps a lawyer of some note in
his profession will. "Mr. Hymen Hi, Q.C., is a good
candidate;' he is "halt inclined;" but neither
will he spend money. "He will, however, per-
mit himself to be nominated; but he will
not pay any thing for that!" TWA is at six
o'clock in the afternoon. At "seven o'clock" things
look a little better ; and at a " quarter past *even
there is a precision about the Major worthy of a
merchant or a lawyer's clerk—he has actually caught,
not his man, but " a gentleman who thinks be can
" find me a candidate to go down to-morrow with
" 1,11001.—a good anti-Popery man." And thus the
Major saves the Club's [encl.., and gets a Tory who
is possessed of both bigotry and money.
This is how the Tories manage things at the
Carlton. " The great matter," says the Major, who
is fond of laying down general principles and rules
and generalising his experience, " to be looked to is
"to collect funds." The next thing, after having
got funds, is, it seems, " to keep quiet" until the time
for action has arrived. Then, as Mr. FRAIL would
add, " go in and win."
But when these Carlton Club gentry/wee won—Mr.
Ftewssit tells the world—they do not always pay.
Mr. FLEWKIR has been a confiding, hardworking
friend of the Carlton • he was the heart and soul of
Toryism at Derby ; he was the chosen correspondent
of Major BERRSFORD there. No roan could doubt
his services, for he it was who turned out on petition
Messrs. Siam and 00wea. He slaved for Toryism
at Derby. But no—we cannot describe his labours ;
he shall himself narrate his Aegean work :
I prepared the petition and recognisant's". I took thirty
or forty journeys to Nottingham, London, Belper, Alfreton,
Lichfield, Codner Park, Langley, and other places, to glee
evidence, consult counsel, itc. I prepared something like
a eartload of papers, briefyge. I served about 400 Speaker's
warrants. I paid espenses necessary at almost half the
puhlic-houses is the town to get the evidence. I paid all
the seisms who gave information or evidence. I paid Mr.
C. Hibbert about 40!. I paid to Mr. Bmall and Mr. Con-
stable 61. or 84. each before they would iyo to London. I
paid for the railway fare of nearly 40 witnesses and
others to London, and gave money for the families
of several of them before they went, and I paid
for their dinners. tic., and flys the day they left Derby.
I paid Holmes It. • week for a long time. I paid Mr. T.
Omen W. for valuable assistance mid information. I entirely
ahandoned my own practice far six or seven months to
attend exclusively to this, with all my clerks, and after-
wards was too ill to attend to bu.iness for months, and then
was laid up for many weeks at Scarborough under a physi
San, throutrb over exertion and want of rest; was sued for
the bill at the hotel where the witnesses were kept, which I
had never seen, and bad to pay balance of debt and costs.
I did not give a friend • dinner or a glass of wine or ale at
the house. I paid for all the ,mauernents of the witnesses
during their stay in town, Ito. I sold some property to
enable me to meet this frightful expense and payment, and
to 'maintain my family alt this time. I had no assistance in
eonducting the whole business, but much hindrance and
oppontion from false friends feom time to time. Have I
been paid ?
Affecting, but pointed, inquiry—" hare I beets
paid!" No, Mr. I?LeWKER : you have not. " Mr.
" Mu MDT, Mr. CotrILLE, Sir H. Wt I.IIOT, Mr. FRESH -
" FIELD, Mr. Loan, Mr. MOeSELET, and other.," did
indeed talk of presenting him with " a service of
plate:" but, shabby dogs! they didn't. They left
Mr. FLEWKEn in the lurch. "AU Me remcord I
" reccired fur any serriees aces the lou of part of my
" practice,aisd every species qf insult,injury,and annoy-
' " awe; so that I Agee doubly suffered." Miserable
I Tories to let so willing a man go to the wall, and
what is worse, try to throw discredit on his
evidence, when he makes a clean breast of
it, and tells all about their tricks. And this
is the way in o hich the " gentlemen " par ex-
cellence of England—the greet country party, which
,I cl aims to be the territorial clement of the eonstitu •
1 lion—this is the way they manage the elections!
' , But what is the moral of all this? Why, that until,
, the suffrage be Ivo greatly enlarged as to set metro-
' i politan " management" of elections at defiance, the
, Carlton Club will continue these practices long after I
' I Major BEUEIVORD shall have met his deserts.
1 1

St•DNA^IVP TghreiltAPll TO (14DORM.—PetwOnis
ire win. emi-lnyed Purveying the distance between Lyming-
:Atm, in Hants, and her alsjesty's residence at Osborne for
the purpose of connecting the marine palace of the Queen
with London by means of :he elsetrle klegreph. It is el-
peeled that tho wires, after noosing the Solent to the Isle
; of Wight, wi:l be tagen to St. CoVierite's Lighthouse, and
trim their:. to Cow, • and 0-borne. From S. Catherine's
Lighth pecLets coming up the channel can be
Me +I five or sic hours before they arrive in Southampton
13.tcks. The Solent It ab..ut three iruuters of a mild in
width where it is proposed the electric wires shall crow, and
is between thirty and forty fathoms deep ; no vessels seer
' anchor them.

FRANCE.

PARIS, SUNDAY EVENING.
The Monileur, in giving an account of the French
ambassador's visit to the Queen at Osborne, states
that in answer to the sentiments 'streamed by the
ambassador on the part of the Emperor, her Majesty
gave the most friendly assurances, and wished.pros-
perky to the Emperor and the Empire. The
Countess Wallawski had afterwards the honour, as
ambaseadress, to be received at a private audience.'
The next day the royal yacht brought back the am-
bassador to Southanipton, commanded by Captain
Crispin, who habitually only commands the yacht
when her Majesty herself is on board, and whu ea
this occasion received special orders to assume the
command, and to act precisely as if her Majesty had
been present.
These formalities of court etiquette, which, if
noticed at all in the English journals, are stowed
away in modest small print under the head of " Court
Circular," aro treated as great events under the " de-
mocratic " monarchy established here ; they are
endowed with the honours of largo type, divided into
conspicuous paragraphs, and occupy a place in the
leading columns of the official journal.
Yesterday the Nlarquis de Villiunarina had audience
of the Emperor, to present his credentials as envoy
extraordinary and minister plenipotentiary from the
King of Sardinia.
The Emperor left the Tuileries at 8 o'clock last
night to be present at the opening of the new circus
on the Boulevard Beaumarchais. lie was accompa-
nied by Prince Jerome and his son Prince Napoleon
Bonaparte. A large number of places were
reserved for ministers, officers of state, and
the army, including private soldiers. But
there was a good sprinkling of blouses, and as
many as 5,000 persons are said to have been present.
Between the acts of the equestrian entertainment an
occasional cantata, entitled " Dieu nous l'a rendu,"
was sung by M. Laurent, of the Theatre Lyrique.
The rage for theatrical horsemanship is now greeter
than was ever known. There are four principal
circuses in Paris, the Hippidrome, Franconi'e, in the
Champs Elysees, the immense circus opened last
night, and another near the Lyons railway station.
Entertainments a la Astley will now be given all the
year round.
The Moniteur contains the following notification
of the convention just concluded at Brussels :
The political circumstan-es which prevented the Belgian
government from obtaining a legislative sanction to the
ratification by the time stipulated—that is to say, the 10th
of this month—of the two conventions, literary and com-
mercial, concluded at Paris on the 22nd of August last, are
well known. The cabinet of Brussels, by way of proving
its friendly depositions, and its solicitude for the develop-
ment of the commercial interests of the two countries I
proposed to France, in the first place, to enlarge the time
for the ratifications, and in the next to revive the treaty of
December 13, 1815, until the conclusion of a dehni-
ties arrangement. This proposition, which leaves
intact the arrangements of August 22, and at the sante
time replaces the commercial relations of the two countries
under the guarantee of an already tried regime, has been
accepted by the government of his imperial Maje‘ty with a
willingness which the desire to ettengthen the bonds of good
understanding which unite Belgium and France has in-
spired. The negotiation set on lout upon this basis at
Brussels, resulted on the oth of this month, in the signing
of a convention, which will come into operation on and
after the 15th of January next. Art. 1 adjourns the ex-
' change of the ratifications of the arrangements of August
22nd, until after the conclusion of a definitive commercial
treaty, a negotiation for which will be immediately opened
between the two countries. By Art. 2 the treaty of 13th
December, 1845, is again put in force until the same
epoch. rt. 3 reduces the waste allowed upon
rough salt of French origin, from 12 to 7 per cent., but the
enjoyment of this favour requires nothing mote than the
soaple production of a consular certificate, attesting that
the salt has not been submi:ted in France to any refining
process whatsoever. By Art. 4 the 31st of December is
fixed for the exchange of ratifications.
s The Assenablee speaks of a scruple of conscience
entertained by the directors of the :credit Ancier
bank, which seems to have been very easily removed.
In alluding the (Aber day to the ten millions of francs
granted by the government in aid of the undertaking,
this journal spoke of it as a sum, " the origin of
which is known," meaning that it was part of
the proceeds of the spoil of the house of Or-
leans. Some of the directors have felt hurt
at this expression, for they say they scrupulously
refused to touch a penny of the Orleans property, and
before they would have anything to do with the new
bank, carefully ascertained that the 10 millions came
from other sources. Now, the facts are these: The
decree confiscating the estates of Louis Philippo's
children, in order to reconcile the public to
the deed, pointed out various charitable and
other public purposes to which the proceeds were
to be applied. One of the principal of these was
the encouragement of credit/wirier, for which object
10 millions was allotted. bubsequently another de-
cree directed that the confiscated property should
fall into and become blended with the state property
generally, and directions were given for paying
the several sums mentioned in the first decree out
of other public funds. But this is a mere matter of
banking account. The state remains so much the
richer for the confiscation. It is only enabled to give
the considerable sum of ten millions in aid of a doubt-
ful experiment in consequence of the confiscation.
That the money is not earmarked signifies absolutely
nothing. The plea is as little reasonable as if a man
were to say that he would not receive stolen bane
notes, but had no objection to the sove-
reigns for which they might be exchanged.
It is right however to say, that although I
am unable to see the force of the distinction
tho Assemblee admits it, and gives great credit to
the honourable directors of the credit 'easier bank
of France for the " legitimate susceptibility" they
have shown upon the occasion.

PARIS, SATURDAY EVIIIIIIO.
The government has received the following tele-
graphic despite& :
Head.guarters, Medesh (Algeria), 6th.
The town of Laghouate was taken by moult the day be-
fore yesterday. The troops sealed the breach with an Irre-
sistible enthusiasm and cries of " Vire Plimpereur." The
attack commenced in the storming, and by noon en eagle of
the 2nd roaaves displayed its wings on the Cashah of the
town. You will receive details by the courier of the Bth of
this brilliant feat of arms, which is alike honourable for Gen.
Pelissier and for the generals, oaken, and soldiers under
his orders. _ _

-------
Laghouatc is the town in which the cherif upon
whom General Yusuf has been making war In-
trenched himself. According to the last accounts,
General Yusuf, not feeling strong enough to attack
the town, was waiting for General Pelissier, for
whom he had sent, to bring up his forces. fhe
affair was considered so important that the Governor- I
General in person was proceeding to the theatre of
operations. The Moisiteur de rArnitie, speaking in
anticipation of the taking of Laghouate, rejoices in
the obstinacy of the cherif, which has, it says, al-
forded the French an opportunity of taking a step
which will render their influence in Southern
Algeria greater than it has ever been.
The Momiteur has the following semi-official arti-
cle, intended to prepare the public mind for the
extravagant civil list which will shortly appear:
Immediately after the proclamation of the Empire, the
government laid before the senate, as it was its duty, a
project of Sematimp Consulter, determining the modifica-
tions which it is neeimary to introduce into the constitution
of January 14, 1852, in order to make it harmonise with
I the new organi.atioa of the government. This project
'does not in any way affect the bases of the corutittation,
which can only be modified by the national will. At the
same time the govern's, nt submitted to the senate the pro-
ject of a Newt its Con:intim for the re-establishment of
the civil list and the re-constitution of the domains of the
crown. No tom is there indicated ; that point was left
entirely to the exalted wisdom of the senate. 'its civil hit
is nothing else than a small part of the public revenue
esofided to the chief of the state, and which he makes
I use of to alleviate misfortune, stimulate industry, and
recompense and encourage the arts. In such a matter
the government of his Majesty could only set forth the con-
ditions imposed by the re-establishm. nt of the empire.
While calling to mind and even strengthening the guarun-
tufo! the rights of the state on the prop, rty placed at the
Idisposal of the sovereian, the project of Nlolo‘ll3 CORRUMMI
calls again into vigour the principles which during merle
centuries have been the basis of the French monarchy and
which have been sanctioned by the law of 1791, and the
Mertatria reiiimaltunt of 28 Floral,An. XII., u well as hg the
posterior laws of 1814 end 1824. Th. se principles arc con-
formable to the necessities of monarchical government, even
the most popular. If it cannot enter i .tu the mind
of the Emperor to reestablish monarchy with the
superannuated elements which would now alixck the
habits of the nation ; if ho doey nut forgot that
it is the people who have raised him to the throne,
to govern in the interests ~f the people ; hie good sense sod
his goal faith forbid him fr m impreong on himself the im-
po...ible task of directing the eturite on conditions which
would not respond to the souvenir. and the dignity of
France. The flotation of the crown both in money and in
land will therefore be reconstituted. It will comprise what
was included in the old civil list of royalty and of the tin- '
pint ; that is to say, the domains of the crown, the palaces
aad chateaux, which are mush less the residences of the
sovereign than historical monuments embellished by the arts
asd devoted to the recreation as well as to the instruction of