The Express.
London, England, 1848-03-14 00:00:00

LATEST FROM PARIS.

In another page will be found accounts from Paris
to noon yesterday. The following is the communica-
tion of our correspondent since received, with news
to mail hour last evening:
PARIS, MONDAY, 5, r.w.
The commercial alarm increases. The holders of
Treasury Bonds are embarrassed to get them dis-
counted. No one will do them on practicable terms.
To-day. three other banks are mentioned as likely to
stop immediately, and all the rest are regarded with
apprehension, not even excepting the greatest of all
the private banks.
There was much agitation at the Bourse to-day, and
a decline of half a franc on yesterday's prices took
place in the Threes, with a fall of three francs in the
Fives. The one closed at 49 50, and the other at 74.
There is a run to-day on the Bank of France for sil-
ver. Bat Ido not learn that there is any real cause
of apprehension. It will meet all demands with per-
fect ease.
Two small banking houses stopped payment to-day,
besides that of Baudon.
The decision of the government respecting the
mode of reimbursing the depositors of the savings
banks has had the worst effect in all the departments,
and has shaken public confidence to an awful extent.
The following occurrence, said to have taken place
this morning, has had a very unfavourable effect.
Several employers, accompanied by some dozen or so
of operatives, waited on M. Rothschild, and de-
manded a loan of 5,000 francs upon the deposit of se-
curities of the nominal value of 50,000. M. Roths-
child, not seeming willing to accede to this demand,
the masters pressed it with great urgency,
saying, that in case of refusal, they could
not answer for what the operatives might
do. M. de Rothschild is then reported to have
demanded some moments for consideration, during
which he retired to another room, and caused a
party of the national guard to be brought from an
adjacent post, to resist by force the demands thus
pressed upon him.
Letters from Bordeaux say that the service of the
national guard in that city is as severe as if a foreign
army were a' its gates.
Otters have been sent to Brest for the immediate
embarkation of 1,000 men of infantry of marine for
the colonies.
Great excitement has been produced at Lyons, by
the mayor of one of the quarters having gone, with a
party of 20 men, and put his Peals on the house of
the Capueines, who for several years have done the ,
duty of the expiatory chapel raised to the memory of
the.victims of the siege of Lyons, at the epoch of the
Convention.
'The financial and commercial catastrophe is fast
spreading to the provinces. Letters received to-day
from Nantes say that not less than twenty-two of the
principal Louses of that city were about to suspend
payments this week.
Yesterday a deputation of merchants and manufac-
turers of Paris went to the Hotel de Ville, and called
the attention of the government to the gravity of the
financial crisis, and proposed a series of measures de-
signed to alleviate it. M. Pagnerre; secretary of the
provisional government, who received the deputation,
stated, in the course of his reply, that the government
had the double mission of sustaining public credit and
private credit, and that the Minister of Finance had
made arrangements for keeping all the engagements
of the state ; whilst, on the other hand, the establish-
ment of a discount-bank for trade and commerce
would satisfy the requirements of private credit and
also of public cred:t. After describing the main
features of the discount-bank, which have already
been laid before our readers, M. Pagnerre said :
We are in a state of extraordinary circumstances ; that
must not be forgotten. You have been able to see how the
republic understands the practice of the great principle of
fraternity and mutual responsibili.y. We arc far from dis-
Alp ulating to ours. Ives the difficulties of your situation.
afortunately sound doctrines of credit ate still far from
hemp unit stood arid well applied in France. People here
have little confidence, except in specie—paper does not
efi.lo7 the same favour. This error will be effaced with
time. But it is only by confidence that this result can be
attained, and all good citizens ought to neglect nothing to
promote it.
M. Pagnerre's speech was listened to with atten-
tion, and on its conclusion the deputation retired, de-
daring that they would wholly rely on the tried
wisdom and patriotism of the provisional govern-
ment.

Yestertlay the Swiss inhabiting Puri., to the number
of proceeded to the column of July, and thence