The Express.
London, England, 1848-03-13 00:00:00

the ambassador is enjoined to keep up the most friendly sen-
timents between me two nations.
The English ambaseador communicated on Friday
to M. de Lamartine two despatches from Lord Pal-
merston. One of these relates to the ex-King. Louis
Philippe,
in his family, and min, who have sought
refuge England. Lord Palmerston desires that the
hospitality shown to the dethroned monarch may not
be construed into a want of political sympathy of such
a nature as would diorturb the friendly relations of the
two nations. lie begs Lord Normanby to assure the
Provisional Government that the asylum which has
been afforded and the attentions which have been
shown to the unfortunate exiles, have arisen from mere
hospitality.
The financial statement, published in the Noniteur
of Friday morning, the heads of which (writes
our correspondent) I sent in my despatches, has
had an unfavourable effect at the Bourse. The
Threes, which closed yesterda
y t 52 50, opened
to-day at 49. They closed at 50. No busi-
ness whatever is done for account. All the agent
fear to incur the slightest risk. They have Buttered
heavily ; having found it impossible to get even their
best clients to fulfil their engagements.
The following decree of the government has been
published :
The Provisional Government, considering that the fallen
government has left to the charge of the Republic a sum of
3.55,087,747fe. 32c., arising from the deposits made in the
Savings' Bank ; considering that, of this sum, there o
nly
remains remains disposable in cash 05,703, r. 40c. : whe
the small deposits belong in general to necessitous
citizens ; whereas the large deposits belong, on the
contrary, generally to persons in easy circumstances ;
whereas it is desirable to reconcile the interest of
justice with that of the treasury, and that of private
individuals with that of the public, decrees :—" Art. I.
The livrets (receipt books), showing a payment of 100 fr.
and under, shall, at the demand of the depositor,, be
reimbursed in cash. Art. 2. Deposits, of from 101 fr.
to 1000 fr. *hall be reimbursed in the following miner
—l, 1001 r. in cash ; 2, the remainder, up to half et the
sum i aid in, in one or more treasury bends, at four
months' date, and bearing interest at 5 per cent.; 3,
the last half in coupons of 5 per Cent. Bente. at par.
Art. 1. For the receipt books, in which the sum paid in
shall exceed 10001 r., the Savings' Bank shall pay-1, 100 fr.
in cash ; the remainder up to half the amount in treasury
bonds of six months' date, and bearing interest at 5 per cent ;
3, the last half in a coupon of 5 per. cont. Rente at par.
Art. 4. The receipt books, inscribed in the name of societies
for mutual assistance, shell not be subject to the preceding
provisions ; their deposits shall be reimbursed in full in cash.
Receipt books for deposits made since Feb. 24, 1848, are also
scented from the measure. Art. 5. Provisionally, and
until further orders, there shall be no transfer made of funds
from one savings' bank to another for the account of deposi-
tors. Art. 6. The member of the provisional government,
Minister of Finance, is charged with the execution of the
present decree.
(Signed by members of the provisional government.)
It is said that the celebrated M. de Villele, Minister
of the Restoration, is in Paris.
The principal of one of the most important Greek
commercial houses at Marseilles, M. Baltazzi, banker
of the Sultan at Constantinople, has paid 600,000 f.
in specie in exchange for bills of that establishment,
announcing, at the same time, that, in a few days,
he would ay a further sum of a. million in specie.
Au order has been sent by telegraph to Brest to
aim the forts of thc, roads immiely, and to ut
the town and the port in a stateed to atresist any cop
up
de main.

PARIS, SATURDAY, 6 P.M.
The all-engrossing topic of the day is the financial
report of NI. Gamier l'agia, the beads of which I
mentioned yesterday. This synopsis of the reckless
extravagance of the fallen regime has produced au
explosion of indignation from the opponents of the
dynasty of July, and has covered its friends
with confusion. Various opinions are entertained
of the remedial measures projected by the
government. Some of these have excited feelings
the reverse of satisfactory. To compel the creditors
of the savings' banks to receive in reimbursement for
their hard cash government stock at a rate above its
market price is rather a strong measure. Those who
last month placed specie under the safeguard of the
state are told by M. Gamier Pages that they must
accept in lieu of part of it Five per Cent. Stock at par.
Those creditors who are compelled to convert that
stock into cash can only obtain for it at present
77 per cent. of its nominal amount. This, it is fairly
enough contended, is the virtual confiscation of 23
per cent. of a portion of the property of the creditors
of the savings bank. It is a aomposition on the part
of the state with a portion of its creditors, and the
most culpable species of composition, being com-
pulsory on the creditor, and dictated by the arbitrary
will of the debtor.
The bank of Charles Laffitte, Blount, and Co.,
stopped payment to-day. This event, which will
cause serious embarrassment to a great number of
the English residents here, had for its proximate
cause the failure of Gouin and Co. Bills accepted by
the latter to the amount of 500,000 f., were returned on
Laffittc and Co. by the Bank of France this morning,
and the house being unable to meet the emergency,
stopped. It is said, however, that the enormous de-
preciation of railway shares, in which this hcuae had
large investments, was also one cause of the catas-
trophe.
To aggravate their misfortune one of their clerks
(an Englishman) absconded last night, taking with
him three hundred thousand francs in specie.
Another large banking house is expected to stop i
on Monday.
The Bourse was steady to-day. The Threes and
Fives sustained themselves at yesterday's prices.
Railway shares the same.
It is not true, as rumoured, that government has
suspended or postponed the payment of the treasury
loans. They are fully provided fur as they will
become due.
The receipts of the Bank of France, says the NO-
lienet, were effected yesterday in a aatifactory manner,
and highly calculated to re-assure the commercial
world. In some quarters, and particularly in the
Quartier des Lombards, all the -bills, of which the
bank collectors were charged to take the amount, were
paid oa presentation ; and in the afternoon a great
number of persons, from other quarters, hurried in to
pay at the bank those which had not been settled
when first presented.
During the last few days the Bank of France has
sent more than 20,000,000f5. in specie to its branch
banks in the departments.
M. Odillon 13arrot has addressed the following
letter to a member of the Provisional Govern-
ment :
Mr dear Garnier-Pages,—Since the arrival of your note,
informing me of your having taken possession of the govern- I
silent, and calling on me to lend my co-operation, I have not
been able to reply to you. I did not see, nor indeed do I yet
very well perceive, what kind of co-operation I, who am
altogether nncosnicted with the solution adopted, can afford
you. However, it is certainly necessary that all, who do not
wish to see France destroyed by internal convulsions, should,
like good citizens, contribute their aid for two things which
appear to me to stand out predominantly in your present
mission. The first is, that in again seizing on that liberty
which ought to belong to every government—and which is
more necessary to ours, springing as it does from a revolu-
tion, than to any other, because its necessities in
that respect are more imperative— you should pre-
vent your political revolution —as profoundly poli-
tical be it as you please —from becoming a social
one—from any way laying its hand on property and family
ties. The second matter to which I allude, is that the
appeal made to the general elections, and which is the ex-
pression of the national sovereignty, shall be sincere. I no
more admit deceit and lies in the public streets, than I do
when proceeding from a king; and elections, effected under
the influence of violence, do not appear to me in any way
preferable to those conducted by means of corruption. Thus
therefore what I demand is—security fur property and fami-
lies ; and full liberty in the primary elections. If you are
firmly resolved to have these conditions respected, even by
the force at the dispal of the government, I can ensure to
you not only my own moral cooperation, but even the sym-
pathies of all my friends. None of them, I can declare to
y u, would like to imitate the mistakes of the emigrants and
the Girondina. My last word to the dumb. r and to the
people was this:—" Cursed be he who shall light up a civil
war in France !" To that declaration I remain faithful.—
Always your most affectionate friend, ODILLON BARROT.
Advices from Algiers to the fith have been re-
ceived. The republican flag was placed on the public
buildings and the vessels in the port at eight that
morning. On the 3rd the Due d'Aumale published
the following proclamation :
Inhabitants of Algeria! faithful to my duties of a citizen
and of a soldier, I have remained at my post as long as I
lodged my presence to be of use to the serviceof my country.
That situation no longer exists. General Cavaignac has
been named Governor-general of Algeria. Till his arrival
at Algiers the functions of governor-general, per interim,
will be filled by General Changarnier. Submissive to the
will of the nation, I depart from hence ; but from the place
of my exile all my wishes shall be for your prosperity and
for the glory of France, that I hoped to serve much longer.
—(Signed) H. D'ORLIANS. Algiers, March 3.
Peat-ti Mama Il.— New Lean, —; Three Per Dents., 11;
Flees, 77 ;• Founsuid-HaLt, —; Fools, —. Belgian Fives, 1810,
23 do. 1644, 75 ; Do. Three., —; De. Two-and-a.italt, —;
N pin Bate., —. Boman Loan, 72. Trelworp Hoods, --.
Book Share', 1809. I.lchaago on 1.44490 w. Deis 23 30.
t.smiesni.—earis and Ortooos, 850; Parks and Boom, 455;
Sown and Hawse, 220; Avignon and Marseilles, 293 ; biragoarg
end 95; Contre Viers" 314 ; Amiens and Boulogne, ;
Bordeaux, 400; North, 350.,

From the Hague, under date of March 10, we leer'
that in the sitting of the Second Chamber of the
States General of Holland, on the 9th ina., the pre 4.
dent stated that he had to lay before it a royal lOW
sage, comprising 27 bills, for. a revision of the funda-
mental law ordered to be printed and referred to the
sections. It is scarcely neowsary to add that, during
many years, a reform of the abom law has been loudly
demanded by the country, and by treat numbers la
the Second Chamber. It is asserted that the war
levy of 1848 will also be called out, and that the levies
of 1843 and 1844 will continue to form the reserve.
It is asserted that the Prince of Orange will take the
command of the army. His royal highness, it may
be stated, is by no means popular either with the
army or the people.

The Alba of Florence, of the 2nd inst., says this
the attitade assumed by Austria is of a nature to
make us hourly fear an imminent and inevitable
conflagration in Italy. The bloody edicts which the
Preetonans threw at the face of the indignant popule.
Lion of Lombardy, and the abominable conduct of
the military at Pavia, Padua, and Milan, announce
the approach of a most solemn moment.
letters from Pavia say that a bloody collision has
taken place between the students and the Austrians;
the Bohemians and the Hungarians having sided
with the former, it is said the Austr:uns have been
worsted, and that a provisional government has been

The journals of Madrid of the 4th have been Ts,
oeived. The bill for the suspension of the constitation
had been adopted by a majority of 161 against M.
The progresista minority, after the decision of the
chamber, signed the following) petition to the Queen
Madam,—According to all appearances the Cortes will
approve of the project cf law which has be a laid helots
them by government, and whose object is to invest use
ministers of your Majesty with the terrible and unlimited
power of suspending the constitutional guarantees of the
ortd?heesihsis.itt:rehheip:he
people
whohi.vis
citizens, and to contract, by any means whatever, a tom of
200 millions. On the one hand, madam, it is ezening in
presses
nea.mtheeoffuynodu.rmllLaujelstyilwanoufuthlime istatu d ; it
e, and spans fr0m;,.,,..
our governmental system the principle of legality, which la
its true basis, to write in its lieu and place dictatorship. Oaths
other hand, it imposes, more or lees directly, on the people,
a forced contribution to be added to thoee totes rack
wagpoh.icwhAe
which are given to justify such measures ? Is it to peelers,
wto i
your
ho
utib they
Majesty
rtelni:ty suffering.
placed upon your august head, at the cost of so mu h blood
which was shed during seven yearn of civil war? But who
has ever harboured the thought of overthrowing your
tehh"edhtlieoirr obflot to on sphlainjly-oouuron it ? Is it that party, who
for the sake of your Majesty shed the dearest blood of their
veins to form a lake of blood round the cradle of you Ma-
jesty, which is also the cradle of Spanish liberties, and is
which usurpation has remained swallowed up for ever? la
order to remain in power, despite the voice of public opi-
niot, your Majesty has many a time heard her ministers
declare that the country was quiet—that the country was
happy. Now, that they fear to see the fatal power escape
from their hands which they wish to preserve, no matter at
what price, they raise their voice and. cry, "The people is
uneasy, agitated." It is as if they sin lto you. " Madam,
the people is unhappy." Will the name of your Majesty be
as a shield to tyranny converted into law ? Madam, liberty
defends itself with, and is preserved hy, liberty, and not by
tyranny ; order is protected and preserved by order, and
not by arbitrary power ; the throne is protected and presermd
by affection ; they who attack and undermine it, are thoss
persons who excite the people to bate it. Good, madam,
can never be bought with evil ; nor virtue with alma
Madam, we beseech your majesty to make use of your rev*
prerogative, land to refuse your sanction to this fatal law,
the infallible result of which would be, under the perm
of avoiding, to create, a danger which does not now exist.
We could add many other re asons to induce your majesty to
follow this path of safety ; but why, now that the eyes of your
majesty are still moist with the tears you have sherilor the fate
of so many august persons joined to you by the ties of blind,
need we to aupport these resons, quote examples, and invoke
the past ? Boob of these tears ease to you, madam, that the
affection of the subject is the beet defence to the throne, and
that despotism and corruption form the bat,, elope=
which overthrows it, the very moment Providence
blinds the eyes of the sovereign, or coven with
flowers the ahem into which he is about to fall,
God, madam, judges our intentions; and ours are visible to
his divine eye, even before they are conceived is et
mind. God will likewise judge the intention of these mom
who are cowardly enough to bide their weakness health
the grandeur of your name and dignity ; told history. whelk
is the voice of Gad when he communicates with humanity,
will one day decide whether they or we have Kirin proof of
true love to your Majesty, to our institutions, and to the
country.