The Express.
London, England, 1852-03-16 00:00:00

/ARE NEW GRANADA COMPANY.
Novo:rime ‘rrt.tetTl.lN Mr 1111 AID ma lie ILCUTID
a EnNEsDAY nest. tlbe 1711 truant.
00 • 112, br o.ltalard et dim temporary cases of thia Oar
rw."' uenb.
pry, 17. Lde rr.tly was, of tilt Board.
at.I.IINALD MAL MeV. Sammy We. tam).
_

FRANCE.

PARIS, TURSD/a. 8 o'CLocx.
M. Carrot is elected deputy for the 4th circum-
scription of the Seine.

PAM MONDAT iVIININO.
The great &meld filelel9ll94 aaiisinesd by the
Ntiniteur of riessalss alfiehisd the Sag ausese
to which it email eP
_es Half
per Cents. baelllktM abtithElle
with the Throw, which are quoted to-day at 69.90,
the converted stock ought to have reached 103, but
the circumstance of its only being guaranteed for ten
years against reimbursement will of course operate
in keeping its course of exchange always rather
lower than that of the Rente, in which all
great operations are effected. I hear from a good
source, that the conversion of the Five per Cents.
was not undertaken until the government had
secured a base of operations on which it could
rely to face the storm, in case a panic should
occur, and a run be made on the treasury for
repayment of the capital. In fact the Rothechilds
are the financial pillars which support this bold span
which asks to be cemented by public credit. I under-
stand that in an interview with the Prince-President
Baron Rothschild offered to advance, if n
to the treasury 700 millions of francs, that is nearly
the whole annual interest of the Five per Cents.,
at four-and-a-half per cent., with a quarter per oat.
commission. This offer accounts far tie eon&
deuce with which the operation has bees ellbstod,
audits first success. The articles in the papers on
this measure are not distinguished by much vigour.
M. Armand Bertin, in the Debate, constitutes him-
self the advocate or rather the mourner of the invaded
interests of the petits realism. He dwells upon the
fresh wrong inflicted upon this much suffering
class, showing how the number of fund-
holders has been quadrupled since 1848,
and how these can ill afford to lose one-tenth of
their income. But the DEbata suppresses several
essential features of the we. The Testier* whom it
pities bought in perhaps at 00 or 70, and now they
are offered reimbursement at par, which is surely no
such great wrong. The measure has been impend-
ing for three months, and the language of the official
note of the Moniteur of Dec. 27 was calculated to
warn the fundholders that it was coming. If people
bad been assured of the contrary, the Five per Cents.
would have risen to 113 instead of stopping at 103. If
• the government had waited till the rente rose consider-
: ably, there would have been a much greater outcry
is proportion to the exam above par which would
have been lost to the holders. The DE:bats says that
" this is the most serious blow which has been strut
• at public credit for half a century, and that the
principle of paying off government stook is always
mi has been elwqeenateeted." Such is
the light t to this %motion by M. Armand
Beets. ins Nebonole is mere judicious.
It dose met mating the pied* but the oppoetunii
sad it hopee that geed was will be main of the
le =wimp eared t• ths_birkst.
_The Parisi, by
the way, ham shattheir "Ida In it
neat and witty shapes end the wet 1,41hy wrest
in the cafes is: "Cs Mg Ise petits radius qmi pay-
aunt la lists eivile."

'llisseTiOu;si&of the decree is the clause to which
I drew your attention particularly yesterday, namely
the unlimited faculty assumed to raise new loans
without consulting the are. The Presto'
seems to be the oatature that his seised all the
importance of this
As far as the votes for the election in the 4th cir-
cumscription are as yet known, Carnet has the ma-
jority by about 100.
The Boons was very animated to-day, and, as
might have been expected, great fluctuations took
phboe. The Five per Cents., which closed on Satur-
day at 103.60, opened at 101, rose to 101.50, fell to
100.80, then recovered, and closed at 101.23,
with a fall of 2.35 from Saturday. The Throes
rues 1.30, closing at 69.90. A remarkable rho
took place in the Fourand-a-Half per Cost&
which from Saturday's price of 89.50 rose 10.73, aid
closed at 100.25. Bank of France shares rase IL
All the railways rose; Bordeaux, 33.76 ;
27.50; Central, 22.50; Rouen and St. Ciertmg minima!' 7;
Lyons, 16 ; Northern and Tours and Nantes, 13.75
each.

A Patio journal publl N a later from Abbas
Pacha, dated Cairo, Jan. 1!, and addressed to Belem
Pacha and Kheriddim Packs, at Constantinople,
giving his mans for objecting to the application of
Ow -mamma to Egypt. The thief abjection is that
drank maids public, to the diet that the re-
moval from him of the tight of life and dada
(which he mutant don y blimp exclusively to the '
Ban) will destroy all elltinial authority over the
pardation, and it is this doe, he " and not
any vain desire to Aare the le,
mbpriratt"
that makes him c=its d "
With regard to ' ains. the re-
moval of this right, he anistain, manse mak
injustice and incantation.

litiflCE! N .
11 1: s' S E Y'S moat Me Roam CIS
C t
:
,ii • • ampisie, with Delivery
Oryy,F t V Ia.APEIL , „,,a0 qs • Diswi. he.
___— a
\ --.•• I.
-'4 WM. DM asi 06.%
w lit. DR tV and oa, the ,ji toil 1 l.• Progiht ea Swift lb.
fteivirtuas ard Ilaaatio- .).- I •, ' t
. -.
dim, OWN. Sir Ps.
M
wpm In .It [Ulla their . I AIM Ida!ON
lowed r iIAIIPION.—__I4 trill 1 ....._ . , Mimi% air viteney at So
Great (bag. 'DK an..
WINO MOONS la . 4,4 i, , j'A 1 ,litili;e:. it ••• .." , ,_ roma!
OM .tATIO•4 03 a net,' al - - del eillig. at spru-
- (mica.
~. sa...e, at cu.w. Ij.l , me . ~..._ --,__ ~
_
Ft I.L ri Act, Neu _ ..z.— iti Ilk,
y 14 N. May md 00..
. • i i ....
G&W, MAX. ea -•- , _ - MACHINISTS and AOKl-
ytit OM% :OAT, we --=-,....._ -..-- - CVLTVILAL IMPLY.-
ISO must. . - __ MWST NANUIFAC-
--IC._ , .„, ____-_. _ TVRE-Ila. SWAN-LANK.
am LONDON IIitIDGE.