The Express.
London, England, 1853-02-25 00:00:00

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NIGH WATER AT LONDON BRIDGE.
7Ass DA*—Merslag. 3k. 13m.. Afternoon. 3k. Ms.
formanow—Moratni. lb. Hs Aftoeseso. 4k. Ina

this. To what, then, are the defeated party cling-
ing? To a chance phrase which was_ manufactured
for a totally different purpose. They have pirati-
cally seized hold of weapons that do not belong to
them, that never were intended fur them, aiid
hope by these means to prolong a con-
test which their own strength could no
longer sustain. The words "on the true
faith of a Christian," which keep the Jews out of
Parliament, were placed in the oath with no more
reference to Jews than to Red Indians. The weak-
ness of the party is shown by the nature of the refuge
to which they are obliged to Ity.
It is too late in the day to enter into elaborate
arguments u to the right of the Jews to the privi-
lege which they claim. The arguments are thread-
bare—the case lies in a nutshell. No single reason
has been given to show why they are not capabfe of
performing all the functions of citizens as well as the
members of other religious, and consequently none
can be given why they should be denied the exercise
of these. the religious objection which combines
itself with the moral one, asserting that the Jews
are bound by the tenor of their faith to hate and
persecute those who differ from them, is false and
absurd. " Talk what you will of the Jews," said
SELDEN, "my life for yours, Christians bate one
another just as much." It is scarcely possible that,
in matters of legislation with which a House of Com-
mons would meddle in the present day, a Jew would
differ so much from Christians as the several religious
denominations in the House differ from one another.
It is long since the belief of Christians or Jews
has been endeavoured to be settled by legislative
operations; it is time, therefore, that the indifference
whioh the State shows towards individual faith
should be unbroken by any interference with in-
dividual convictions on matters of religion. The
Jewish disabilities are the solitary instance of a
breach of this indifference. To Lord JOUN RUS-
SELL, we trust, is reserved the honour of freeing our
institutions from this anomaly.

FRANCE.

PARIS, THURSDAY Enixiso.

The Emperor and Empress last evening visited the
historical monuments at the Hotel Cluny. Their
Majesties were well received.
This morning's Moniteur contains a decree dated
the 23rd inst., remitting the remainder of the sen-
tences upon 138 additional persons condemned to
various periods of bani•hment and imprisonment for
political offences by the mixed commission. The
names of all the amnestied are given in the
decree.

M. Tanski and Pages Dupont were liberated with-
out finding sureties.
The English frigate Retribution arrived at Genoa
on the 17th instant.

The government journal announces that three mil-
lions out of the ten granted by the decree of the
22nd January, for the improvement of the lodgings
of the working classes, are to be placed immediately
at the disposal of the Minister of the Interior for
that purpose.
The Itfoniteur contains the expected decree, nomi-
nating M. de Lamer, ambassador at Constantinople,
and the Baron Boarqtteney, ambassador at the Court
of Vienna.

There has been more fluctuation and excitement
on the Bourse to-day than for a week past. Very un-
favourable rumours were prevalent, relative to mis-
understandings with Austria, which had the effect
of depressing the Reran, until the Four-and-a-Half
per Cents. fell 80c. below the quotations of yesterday,
Idosing at 105 f. 10c. for cash. Bank Stock also was
willed 5 francs lower, leaving off at 2,800 f. The
Three per Cents., on the other hand, left off at ea
improvement, the last price being 80f. 85c.
The Minister of Police has authorised a society or
*Regales Parisiennea."
Three thousand Tessinois who were turned out et
Lombardy have arrived at Tessin°.
The Minister of the Interior has written a circu-
lar te the prefects, requiring them to aid the provin-
cial directors of the Mortgage Bank of Paris, now by
virtue of a recent decree the credit fancier of France,
to bring that establishment into full operation. It
will be remembered that this bank is under an en-
gagement to lend 200 millions of francs to landed
seprietors at 5 per cent., the which interest paid an-
nually during 50 years, is to extinguish the principal
debt. Seeing that a vast number of land owners are
pay
ing 0 per cent. interest, while nothing but a
accident can ever enable them to pay off their
mengege, it might be thought that the only mist
ease the bank would require would be in the mise-
tion from a crowd of anxious candidates of thawing
eligible to participate in a fund inadequate to mime
more than a very small part of the mortgaged pre.
piety of France. 'f heir, taal,however, is not so limited.
It appears to be anticipated that, so far from being
glistered by too many applications, the bank any
eites find it difficult to do business. This I know to
be the opinion of many practical men acquainted
with the state of inoumbered property and the views
of its owners. The prospect of being relieved from
the principal of his mortgage in 50 years is too
remote to have much influence with a man in pmesut
difficulties. To him the only real temptation would
be the diminution of the interest he now pays. But
he knows that a gigantic public establishment must
necessarily be a merciless creditor, and he fears to
place himself in such a position that if he were to
make default but for a short time in a single pay-
meat of interest his estate would be foreclosed.
Rather than incur this risk, he prefers to pay a little
more interest to a neighbour, who, knowing his to-
matoes, will make allowance for bad crops,
aid wait a little when the security is really
The mortgage bank, assuming it to do
with safety, can only lend to the
mama of a moderate proportion of the estimated
wain lithe property, and to ascertain this value, the
imp= of a valuation must be incurred, an expense
that mast fall upon the proprietor, although the bank
may ultimately decline to lend him the money he rm
quires. After all that has been said about the rapa-
city of country usurers, it is very doubtful whether the
owners of first class securities cannot obtain
money from private sources upon as good
terms sh those p.roifered by the new in-
stitution, and it is not easy to see bow
the bank, governed as it must be by general
rules, and protected against fraud by many formali-
ties, can safely take second clam securities, which are
nevertheless accepted es sufficient by private parties
having local knowledge. Some such considerations
as these are at the bottom of M. de Persigny's in-
structions to the prefects. He tells them that
the directors of the branch banks must in
the first place make extensive inquiries. They
must make an exact estimate of the landed
property of their districts, its incumbrances
and its value, they must take into account the recep-
tion they are likely to meet with, and the prejudices
and opposition which perhaps it may be necessary to
endeavour to overcome. For these purposes they
will have many questions to ask, much information
to obtain. " Their mission is delicate, and presents
real difficulties." The prefects then are to assist
them in this mission, to give them accede to all offi-
cial documents, to introduce them to the most
notable proprietors and capitalists of the department,
and to "rally the sympathies of the population
to the new establishments. The 200,000,000 to be
by M. de Per-r-

lent has already been apportioned by .M.ffePersigny
among the different departments, in proportion to the
aggregate amount of registered mortgages in each,
and in order to stimulate encumbered landowners to
accept relief from their burdens, he reminds them, by
one of the statutes, any amount remaining nnapplied
on January 1, 1854 will be distributed among other
departments desirous of the accommodation. It results
from this circular, that although during the last year
the government press has been in the habit of speaking
of creditfoiseier as a thing established by the ener-
getic stroke of a dictatorial pen, it remains to be seen
whether the bank bearing that name will be able to
accomplish upon any large scale the purposes for
which it was created. At present the experiment
is in a very inchoate state, and the in-
quiries of the various roving commissions now
recommended to the polite attention of the prefects,
may possibly disclose difficulties not anticipated by
those who think it the most simple thing in the
world to regulate the affairs of mankind by decree.
The appointment of General Lacour was very
generally looked upon at the Bourse as a confirmation
of the rumour that France had offered herself as
mediator between Austria and Turkey.
Yesterday evening Paris was suddenly visited by
an extraordinary storm. A decided thaw had set in