The Express.
London, England, 1848-09-19 00:00:00

Vie OrpreWS.

MAIM
Ihe swiping nab Tullis, WO. Orr tho boded blear.
ingt,io" Owlr. limplbeetb ail Clir. Pk liallair
%labs Mill spa d lbe Oa Or.
orb be WINO Serb rd the WWI err,
.01 to aro 0 tare mere d Sept.
Mr ereirml dead rib. ois Mestar to tbe Idedliereerrt,
In* Mgr Thytok Mk. Itasp4tri, bp, TB be rode op tido
resing, dr Mb Ibr.
The rib be A Mb" War% OAK or Ohnitid
eta r lire rad re at the Mb lope.
Teri tar MN ilMlil %II 01110••• LI& mod The
IMAM MI be aro up ow Ur ~Mg of the iisli Ibpagabm
The iris bit the Wed Ord et *Mr ar Idedelts rat to star
spat lbeetwir d*. dal=
The Weet Imre Ware. Seam
itmedroe. NMI 4)•=bes Osh Thapir owl Pro 11110=
eashearg dre Mr Ileddr Aryl. Cleltere *Or.
carpm Per" Wee Ora ei-do
sad At. how*.
11="in bd ore op all OD MOWN aOS 061.
for th• linelip. OW rim rook Made Video, reredm.
rk %Webs. esti Them dyer ye be are bp se re
et tie bb Or

SION 1116V1111 AT LONDON MUMPS-
f•e• —lk.fthis mimesis M •••••=ylll=l*. re.
11......5e mino II mis. pas 11$ Illbseins,lllWw P N

.LONDON. TUESDAY. SEPT. 19.
- T>aa decree of the Provisional Oovernment o'
Flemse, which on the lath March last, stuip, nded the
t in specie of the notes of the Bank of France,
weekly announcement of its financial po.it ion.
We mast oontera that, considering the times and the
mem. there are fe w t hinge connected with this imporiant
law which have more surprised as than the revs-
/why with which this section of it has bees
eimded out If the device of compleore paper
money is anything but a novelty, it oar-
teialy cannot be said that publicity—heb.assadal
pebbeity—has ever before been submitted to, mach
Ism volunteered by the governments who have mooed
the facilities of wealth in the ahem* of credit. We
take it that, whether in the early days of New Eng-
land, ar in the first American congress, or among the
laimisters of the emir, or among the servants of that
greatest suborner of paper money—Austria, if
anybody had ventured to propose a weekly bullet
of the abstracts of the Exchequer' he would bay
been regarded as an oidity of the reappt Net Thass
who am conversant with our own finemeisl bider/
know with Whitt Venetian jealousy the secrete of
Diak were presetvcd during the years of
war and the reign of the Babk re-
striction. The French executive, therefore, are
clearly entitled to the praise of having chosen, at
all events, a bold and open line of policy, whether
it may
.ultimately turn out to have been expedient
or
to far the weekly statements of fact issued by the
Bank of France hare tended rather to saw st dir
agreeable reflections on the state of Parts and the
provisoes than upon its own resources and stability
as a mercantile corporatior. And this inference has
been so palpable, that while the improvemekt in
French mantles has been a mere trifle, the market
value of the shares of the bank has gradually attained
to a point of elevation more than 60 per cent. above
the pries at which they stood in the early days of
the republic.
The strong feature of the returns iniatroer of the bank
is the progressive increase of the bullion, and the strong
filature against the bank is the equally rapid increase
of the government securities. fhe salient point as
cameras the po.ture of French commerce, is the pro-
digious filling off in the discounts, and the very un-
desirable magnitude of the " robes en seafront?"
that is, of the protested bills, and the claims in course
of liquidation.
Now, it will be convenient to place in juxtaposition
an &bone of the condition of the Bank of France on
the 18th May (1848), the earliest dc. after the annex-
ation of the previously independentlanks of the de-
moments, and on the 16th September, the latest pub.
lan d return. The items are 000solidated into the
form most familiar to English comprehensions and
the francs are roughly minded into sterling at an
exchange of 23.0. We have, therefore, u
Luanne..S
May I, ISIS. WS. IS. ISIS.
514,240,000 111,310,041
120,003 muss