The Express.
London, England, 1853-12-30 00:00:00

EGYPT.

Intelligence has arrived from Alexandria to the
17th. The preceding fortnight had pasted over with the
greatest calm, nothing having occurred of importance either
in political matters, or in commercial affairs. Business had
been active in corn from the time that M. Sabatier bad ob-
tained the measure of separation from the Viceroy. Abbas
Pacha had returned to Cairo, where the caravan of pilgrims
from Mecca had arrived, even more numerous than in pre-
ceding years. All the packet boats were taking their de-
parture, crowded with Algerians, Tunisians, and Moors.
The Grand Cheri( Abdeualam was to embark on the 18th,
on board the Albatros, steam frigate, which was to take him
either to France or to Tangiers. The packet of the Mena-
geries of the Constantinople line due on the 12th, had not
arched on the 17th. The dreadful weather which prevailed
in these latitudes mint have forced that vessel to take
refuge in sum apart along the toast.

FRANCE.

PARIS, WEDNESDAY EVENING:.

The official part of the Moniteur is unusually
crowded to-day with matter of considerable import-
ance. I informed you some time since that the mu-
nicipality of Paris, frightened at the vast amount of
responsibility imposed upon it, had clamorously peti-
tioned to be relieved from the obligation of paying
the bakers a sum amounting to upwards of half a
million per month, representing the difference be-
tween the natural price of bread and the max-
imum at which it is now allowed to be •sold.
It was also urged on behalf of the city of
Paris that the unparallelled amount of expenditure
in public works now going on ought in common pru-
dence to be checked for a time. The Emperor having
taken the representations made to him into deliberate
consideration personally resolved that he would not
under any circumstances allow the price of bread in
Paris to exceed 80c. the 41b. loaf, and that public
works should be carried on upon the same scale as
heretofore. It being however test necessary to relieve
the municipality from an insupportable pressure, the
following decree is the consequence of the Emperor's
decision:

A new bank is created under the guarantee of the
city of Paris, and under the authority of the Prefect
of the Seine, for the use of the bakers of Paris. This 1
bank is to be charged to pay for them the amount of
their purchases of corn and flour, and to that effect a
I credit will be opened to each baker on the deposit of
proper securities. All payments for corn and flour
without any exception are to be made through the
bank, and bakers who do not desire to avail them-
selves of their credit must pay into the bank the
amount of their engagements on the eve of their be-
coming due. Every baker is bound to send to the
bank, within three days after each acquisition, a de-
claration of the corn or Hour purchased by him, and
these declarations will serve as elements to make
out the otticad prices for the month. The bank is
authoriled to advance to the bakers the amount of
the deficiency which may exist between the
price of bread, as fixed by the municipal council,
and the price resulting from the official returns

of corn and flour for the month. In order to
receive back such advances, the hank is to take as a
compensation the sums arising from the surplus ex-
isting between the price of bread and that at which
ought to be sold according to the official returns.
If advisable, the operations of the Bank are to be
extended to the bakers in the other communes of the
Seine. The bakers' bank can, with the authorisation
of the Municipal Council, borrow the funds neces-
sary fur the service with which it is charged. and the
expense of i s administration is to be borne by the
city of Paris.
The Patric announces that, accord;ng to letters
' brought by the Leonidas, the Porte makes no diffi-
culty in accepting the new proposed note of the Four
Powers. This announcement seems to ignore the
fact that the Four Pow:rs proposed nothin., except
that Turkey should name her own terms, and in the
meantime consent to an armistice. Private letters
which I have seen confirm what I said yesterday
that an armistice is out of the question. Rescind
Paella gavo it as his opinion that the Porte, which
has never ceased to desire peace upon hunourablo
terms, would not refuse to send a plenipotentiary to
negotiate, but the affair was to be submitted to a
Council of the Divan on the 20th. We must, there-
fore, wait for the next packet before any positive
result can be known.

The Constitraiunnel sacs: " The accounts receivcd
by the family of the Marquis de Turgot from Madrid
continue to be satisfactory nature. Ills state has
much improved, and the wound which he received
is now advanced towards a cure."

The English mail is again delayed up to 6 o'clock
this evening. The London letters and evening
papers had not arrived.
There has again been a smart reaction at the
Bourse. The want of any official confirmation of the
favourahle interpretation of yesterday's telegraphic
news produced a fall of 60c. in the Rente. The rail-
ways nearly lost the rise of yesterday.