The Express.
London, England, 1852-02-18 00:00:00

ment against so rub an innovation. In caustpassee
of these representations, the original project has
been modified so as to lose nearly all its iimportanee.
The only part of the oetrois that will be remitted is
that fraction which is assigned to the treasury. As
this is only about one-tenth of the nett receipts, the
benefit will not be very sensible to the ratepayers,
while • considerable resource will be lost to the
t rees
is It said that during the absence of General de
St. Arnaud in Algeria, the minister of war will be
committed ad interim to Admiral Valliant.

In connection with the reported probability of
Fould's return to office, as minister of finance, &loan
is spoken of.
There is an article of some importance in the Pays,
written for the purpose of showing the groundless-
ness of the apprehensions of war entertained by
English and other foreign journals. l ,worn-
sent. Louis Napoleon to be absorbed in
grand schemes for the social re-organisation
of France, and not dreaming of foreign conquest.
The most important passage in the article
is ono that treats with ridicule the report that Bel-
gium is to be annexed to France by a stroke of the
President's pen, and admits that such an annexation
would necessarily lead to war, and would convulse
Europe, by the rupture of the treaties by which she
is governed. It is possible that tho well-timed arma-
ments going on in Belgium may have hail some effect
in producing this declaration. The rest of the article
amounts to very little. The President, it is said,
will not recoil from anything that the national in-
terests may require, but he will not be the ag-
reside° party—he will not go to war with-
out a eager. bctli. The difference with Swit-
zerland about the refugees and the press
is likely, it is averred, to be arranged peaceably
by diplomacy, General Dufour being about to come
to France for the purpose of settling all difficulties in
concert with the President of the Republic. The
Pays complains bitterly of the foreign picas, which
does not act up to its "sublime mission of dissemi-
nating principles of mutual toleration and sympathy.
Foreign journals will probably not recognise the " sub-
lime muision"of an enslaved press of which the Pays
is a member, nor abandon one jot of their wise dis-
trust of a government of force, conducted by a single
man, and that man one whose course of conduct
with respect to his own country has been such as to
render his professions unworthy of credit.
The Indi,pendanee of Brussels has the following
under the head of Paris :

The three members of the commission appointed by the
Prince President relative to the decrees againgt the Orleans
property, vie., MM. Duvergier, ChM: d'listange, and
Moreau, advocates of the ministry of Marine, the city of
Paris, and the Domaine., have not bees consulted on the
legality of the decrees, but vilely on the diplomatic and
matrimonial questions which may affect the execution of
them.

One hundred and fifty of the pupils of the College
Louis-le-Grand have lust been expelled, in conse-
quence of a revolt which recently broke out among
them on the subject of some punishment inflicted
after the banquet of St. Charlemagne.
Athe Bourse the Fives row 20c., and closed at
10:11r. 73c.; the Threes rose 10c., closing at 6.lfr. 60c.
Bank of France shares rose 6fr. Itailweys were
better. Northern rose 71r. 30c.; Rouen, .sfr.; Teste
and Bordeaux fell 6fr. 25c.