The Express.
London, England, 1849-11-24 00:00:00

FItAI'CE.

p aRIS. FRIDAY, di P.m.
All the journals of to-day h, nea'r in terms of appro-
bation of M. d'llautpours sot "ted reply yesterday to
M. Pierre Bonaparte, whose conduct led to his
speeches in the Chamber being received with fri !id
silence. The Union says that " after the vote which
so fairly decided the case of M. Pierre Bonaparte,
that gentleman left the Aseeml..ly, and enteted the
lobby in the greatest agitation, sAd complaining bit-
terly of the majority. Several representatives be-
longing to the army accosted him, And inquired what
would the country, and even himeclf say, it all the
generalsor superiorcffiners belonging •to the Assembly
when sent on a mission or before tar enemy should
quit their post at their own good pleasure.. Their
observations and the advice of M. Luoien Brnaparte
appeared to calm down M. Pierre liSsraparte, who
then quitted the Legislative Palace."
The Banners of M. d'Haatpoul will no• doubt con-
tribute to strengthen the ties of the ministry cad the
majority.
M. Dumas' project cn pensions to the labouring:
classes will appear next week.
In the Assembly to-day M. Leon Faucher rose to
put the questions of which he had given notice on the
subject of the bank issues. M. Faueher said:
I have to call attention of the Assembl, to a serious
matter—monetary_cliculnion. A decree of the Constituent
Assembly, dated March 29, declares tks time for "shish bank
bills should run. Under this regime the circulation of the
bask bills was declared fenced. Under this regime the
culation of these bills was considerably increased On the
29th of March that circulation amounted to 45 millions.
Is less than twenty months the metallic reuses has been :a.
creased by 300 millions, sod it is still increasing. It results
that the hank bills are coming to a premiam, to the detri-
ment of the monetary circulation.. Can this state of thinp
last ? I think not. The forced currency must be repealed,
and by that means the circulation of bible increased.
The forced currency was a merely exceptional theasurn, re-
sulting from the revolution. I allow tont the present state
of credit is not such as to allow of a return to the normal
situation. Since, rhea, we eaanot renew the forced Cur-
rem, we must meet the wants. of commerce and iOCTIMIe
the mangier of bills. To this end the batik must be autho-
rised. to depart from the legally conanad counts of operations
imposed upon it. It is proposed to Lithe to fiiktnsithons the
maximum of the bills of the dank of France.

M. Fonld, sinister cl Bosom, replied, that the
vest' on had skeet,' aßracted the attention of the
cabinet, and that, if it had mot presented a bill to
remedy the ineonveniesees which it recognised, it was
because the government was treating with the Bank
of France for the prolongatioa of the conven-
, don which th.. 3 Assembly had lately sanctioned,
and that it did not wash to demand simulta-

neously the ex tension of the limit of its circulation.
This last mee sure, besides, was neither advantageous
t the bank nor the treasury, and nevertheless the
demand wriald appear to have be n made for the be-
nefit of thr: latter. M. Fould thought it expedient to
maintain the forged currency of the notes. The situa-
tion, he said, was not yet normal and regular, bat the
country was fast advancing towards the re-establiah-
meat o f confidence' and, consequently, of a normal
sod rrogulu state of things. The government, how-
ever., would ere long submit a project on the subject
to tin Amenably.
M. Lassa, one of the directors of the Bank, said
that in order to fulfill its numerous and heavy obliga-
ti ma the forced currency of its notes was necessary.
As to the extension of the legal limit of its circulation,
the directors were ready to accept the amount fixed
by M. Faucher, and should the minister delay in pre-
senting the project of law, of which ho had give*
notice, he should himself deposit a proposition to that
effect.

The next order of the day referred to the project of
• law foe givinirto the commissariat departments
of France and Algeria credit in anticipation of the
hinds to be grant by the budget of 1850. A short
discussion arose on the subject of the colonies in
Algeria. The Chamber decided on the order of the
day. Number of voted, 606: for, 532 ; against, 74.
The minister of public works introduced a project
of law for the rectification of his budget, in which a
reduction of ten millions is to be made.
The president informed the Assembly of the death
of M. de Baune, representative of third. A deputa-
tion was appointed to attend the funeral of the de-
ceased deputy.
M. Gown brought up the report on the subject of
the works of the Marne and the Haute Seine.
The President announced that be had received a
document signed by several of the deputies, in the
form of a proposition. He could not acknowledge the
document in the character of • proposition, as it was
an expression of blame on the conduct of the president
during the sitting of the previous day, on which the
assembly had already decided He proposed, there-
fore, to proceed to the order of the day.
His proposition was adopted, and the sitting wee
adjourned.
It appears that the democrats have determined to
put forward for the Paris elections MM. Bsune, Jun.,
Forestier, and Lemaitre, recently acquitted at Ver-
sailles. In the Var M. Flacon will try Lis chance.
It appears from the returns of the Bank of Face
published to-day, and which I have sent you, that
the metallic reserve augmented abint a million,
there being an increase of 2 millions in Perim,
and a diminution of 11 millions in the depart-
ments. The discount accommodation has diminished