The Express.
London, England, 1848-08-05 00:00:00

LATEST FROM PARIS.

PARIS, FRIDAY, 6 30 P.M.

The project of law ;or a tax on mot tgages, which
ecepion.d so sharp a debate a day or two since, in
which MM. Thiers and Berryer took leading parts,
was stain the subject of debate today, when at
amenement was carrh d against the government, sub-
atitutihe om-eighth fur or.e.fifth as the amount.
Upon this bring carried, M. Goudebaux withdrew
the project, but announced that he would in a few
days prohose an ircome tax (inapi;t our le rerenu mo-
ldier). Some other decrees were then adopted, avid
the discus-c,, was continuing -when our reporter left.
Two r ~truents lett to-day. by the Orleans railway
for the Itt"than frontier. It is said that the eimp of
St. )lour is going to be broken up, and the troops
composing it also directed on the Italian frontier.
At the II air-e, to-day, it was generally said that
intrrveuth.n to Italy had been decided on.
It is said that French troops have been already
landed at Ancona, in tun& quence of telegraphic order:
from Paris. which -acre expedited on the first arrival
of the teas of the Austrians having taken the
offeneive.

Ord...ra had been previously sent to Toulon to pre-
pare for this at the moment when the news of the
cecupait.n of Ftrrara by the Austrians arrived.
The noto.eip..l electiata now in progress through-
out tie d. partments are at present regarded with
great inte-est. The results have hitherto been in all
curs fat .airahle to the moderate party.
Meth d quit tude was created at the Bourse to-day
by the ar..eie of the balance-sheet of the state of
France m! sea I forwarded this morning. The In a-
eery aer..itn• is augmented 9 millions, but the Trea-
sury from 28 to 30 millions, by anticipation on the
loam; it toil.twe, that nearly 17 millions of the loan
are slowly expended, unless (which is not ve •y pro-
bable) th re are the 17 millions in the Treasury.
Poi di... 4. New Lawn, • Threw per cents., 431;
Pea lA, 1,, 711; ,
—; Fours, —.
Shea, 1•;.• 7.5 Dm 1572, 73 . Do. Threes, ; Do.
—• • • • Mitre, :1 :5 Roman Loan, 54; 'lre...
Ronk 24 ...an: shame, ',hang,. on London, JO day .
324, p,,er • - cash ; tel dam, 25 20 meth.
born and 7773ra57,7, 675; barb and Rouen, 450;
loon a, 217 20, & and 41-reedlea, 220; Rt.
?MI V•dr, he 75; '.ot•r Ivr mom 262 Si; Atrucn• an,. Roo-
- ; 'ena, Roo; North, 37G 25.

We I.s‘e received our Madrid correspondence of
th 30th, but its contents are not important.

ITALY.—The I °flowing telegraphic diapatch was
wailful 0 Tulin on the 31st ult., dated on that day,
r-1",.' 9 a.m.. "Yesterday morning hie Majesty
wanks A brit, at the head of his army, near Cre-
ates, n eulmd a body of Austrians, who tried to oc-
cupy t 1 at town, and made about 2,000 prisoners.
lateneaot Sari. t, to the Minister of Foreign

The .4 re pyre d'ltalia of Milan, of the 30th, states
that Bulk Lit:a had left he day before for Switzer-
Lad, to 1. el nit 6,000 men; he will give them two
Iclohths' yny from his own funds. At the Tonalo and
the Stelvio matters are favourable to the Italians.
The 1; Mara. of Milan, of the3oth, publishes
151eral 6Prtft, issu.d on the 29th ult.. of the Provi-
land G. ramsea of Lombardy. By the first, a foreed
keg et 14 'pillions is imposed on the province; the
86:011d (11111, K the sale of public domains to the amount
It three n.i;lions; the third names General Grafitti
tessmand 1..n-ehief of all the forces and national
laatds h,ernbled at Brescia, in lieu of General Fanti,
failed a in. tuber of the committee of public defence;
%hgh decrees that the water that drives the pow-
tir:onll of bimbrate shall not be stopped by private
3?dtta,. Laving an interest in a civil lawsuit now
thstrruht, that the damages resulting front the
Gemint of their rights stu.ll be eompen-
Mid hereafter. The same decree established another
rota. A fifth decree prohibits emigration
us the territory of Lombardy. Another decree, of
4/3%1 orders the fortifioehoh of the line of the