The Express.
London, England, 1852-01-13 00:00:00

ITALY.

The o,feial Journal of the Dueliy of Saroy states
that a railroad through Savoy is now in contempla-
tion, and that a bill on the subject will shortly be
presented to the Sardinian Chambers. The survey
of the projected line has been executed by Mr. Ilen-
frey, in the interest et a company already formed
for the undertaking. The line.is to commence at
Modane, pass through the Mont Cenis, and touch at
Montmehan, Cliambei7, Aix, Athens, and Rumilly ;
thence it is to run along the Val do Ficr, touch at
Scyssel, and meet the Lyons Railway at some conve-
nient point.
In its sitting of the Bth, the Chamber of Deputies
at Turin continued the debate on the treaty of com-
merce with Austria. M. Depretis attacked it with
Austria. M. Depretis attacked it with rather more
vigour than prudence, making it appear that it wus
disadvantageous in every respect, which was
" proving too much." M. Farina spoke in favour
of the treaty. Tho Minister of Agriculture and
Commerce, in an able speech, repelled the insinua-
tion that the treaty had been imposed upon Sardinia
and Austria, and expressed a hope that the Chamber
would vote the treaty by a jarge majority. The dis-
cussion was again adjourned to the following sitting
and a secret sitting fixed at the request of the go-
vernment for the discussion of financial matters.
The Oazette du Midi states, on the authority of a
letter from Genoa, that M. Casablanca, son of the
ex-minister, is to be sent on an extraordinary mission
to Piedmont, relative to the political refugees and the
license of the press in that country.
Our Roman correspopdent, writing on the 4th
January, states that on New Year's Day a quantity
of red liberty caps cut out in paper were strewed
about the streets; many arrests had taken place in
consequence. Mr. Freeborn's guest, Signor Maz-
zoni, had been transferred to the secret cells of the
new prisons. The French ambassador had consented
to send the advocate Petrochi out of Rome to free
him from persecution. Fifty-two non-commissioned
officers were to be dismissed from the army. Car-
dinal Alteiri had a grand reception on New Year's-
day. The Roman journals make no comments on
Lord Palmerston's resignation. Father Marchi had
discovered an interesting inscription on lead in the
catacombs.

Tho extraordinary rise in the French funds has sot
been without its due effect on the Roman Exchange,
Five per Cent. Consols having gone up from 82 to
88, an increase doubtless greatly attnbutable to.the
rise of Roman stock in Paris consequent on the un-
expected circumstance of the French Five per Cents.
soaring so much above par. Tho exchange on Paris
is 19.01, but that on London has gone down 1 per
cent., being now 490.
A letter from Rome, in the cattolico of Genoa,
contains the following passage :
It is said that in his autograph letter to the Holy Father,
Prime Louis Napoleon has avowed his sentiments of filial
devuteduess in the strongest term., and declares he will
make every effort to put down socialism. It is added that
an eminent personage having waited upon the Prince, had
a long conversation with him, iu which the Prince said to
him . " Understand me well ; I am of the religion of the
Pope ; I know I sin only here provisionally, but I hope I
shall remain here long enough to stifle the two monsters of
socialism and of the revolution." 'these words have been
frequently repeated in well informed circles.

MONMOUTHSHIRE IL►tr.WAT.—Tho parliamentary
estimate for enabling this company to make their proposed
now lines 6160,000 L