The Express.
London, England, 1862-11-07 00:00:00

EXPRESS FROM PARIS.

CllOll ova MI

PARIS, THURSDAY EVISHAO.

The demi-semi-official France contains the fol-
lowing paragraph, which mixes up with two or
three grains of fact some inferences, aspirations,
and apprehensions of that small section of the
ministry of which it is the especial organ :

As we have already maid, the semelon of the Corp Legit-
latif will open in the first fortnight of January. Inasmuch
as the conatitutional duration of the session is three months,
it is imperible that the new elections should take place so
soon as the month of March. The session will be prolonged
at least till the end of April. As an interval of twenty
days is required after a dissolution, there can be no elections
earlier than the latter end of May ; and it is not certain
that it will suit the goveioment to have them so soon.
We are assured that the policy which considers itself
affected by the retirement of M. Thouvenel will be very
energetically supported in the Senate and Corps Legishitif
by the eminent orators which are devoted to it.

There le a tone of discouragement in this para-
graph which, taken in conjunction with the
simultaneous announcement of the Pays and Patric
that if M. Drouyn de Lhuys' new negotiations fail,
as in all likelihood they will do, the Emperor will
go forward in the spirit of M. Thouvenel's famous
despatch, and of the declaration in his own letter
that " it is urgent that the Roman question should
be definitively settled," may fairly be inter-
preted as favourable to the Italian cause.
It is impossible, however, after all we
have seen, to divest oneself of the fear that the Em-
peror may be again temporising with M. Persigny,
and his other (comparatively) liberal ministers, iu
order to prevent them from resigning. The revo-
lution in Greece has no doubt added to the difficul-
ties of a reactionary policy in Italy, and may per-
haps have suggested the expediency of dropping
the liberal hints which discourage the France. As
to the new elections, it is confirmed in other quar-
ters that the government has not yet made up its
mind about them. The legislative session will
doubtless open on about Jan. 15. The reasoning of
the France that the session must necessarily last
at least three months is, however, altogether false.
The crown can dissolve the chamber at any time,
and a dissolution after a short session merely to
vote the address and the budget has been very
often talked of.

The Prance rejects the analysis of M. Dronyn de
Lhuys' new programme given by the RationaWes
as being far too revolutionary, and inconsistent
with the motto in the Emperor's letter—" The
Pope master in his own home."

The announcement that the Bank of France had
raised its rate of discount from si to 4 per cent.
produced a good effect rather than otherwise at the
Bourse, for it had been expected, after the example
set in London, that the rise would have been
greater. The market was firm and animated to-
day. Rent° rose 15c. for cash, and 25c. for account,
closing at 701 r. 75c. and 70fr. 90c. Mobitier rose
6fr. 25c., and the Italian Loan 20c. The Lyons
Railway rose 6fr. 25c., and Southern sfr. In the
other lines there was little alteration. Eastern and
Western were a shade lower.