The Express.
London, England, 1851-01-09 00:00:00

cient bo!dness to uedertake such a measure,

but of sufficient weight to set upon it a stamp
which wi4l give an impulse to public opinion
in its favour? That he himself is resolved, and has
screwed his courage to the sticking place, is evident.
Granting, then, that the deposition of Gene-
ral Changarnier be pronounced by tho executive
power, will the Assembly adopt a revolutionary
step, and place itself in open war with the President,
by calling on the whole army to rally to its defence,
and giving Changarnier the command-in-chief
of all the forces ? This is what its organs I
have long threatened in a similar event; but it
may be well doubted whether they would suit
the action to the word. Meanwhile the crisis is
pregnant with the gravest dangers.
There is nothing yet a.ttled as to the composition of
the new cabinet, because of the President insisting
upon the abolition of the command Riven to General
Changarnier as the first condition under which the
new ministers would take office. There prevail
different opinions u to the best mode of doing this.
To dismiss Changarnier, even were the measure exe-
cuted, would be only to get rid of the man, without
getting rid of the thing. The ministry of war would
not bel the less a nullity if the command-in chief of
the let division passed into other hands.
It has been reported that it is not the intention of
the government abrup'ly to pronounce the dismissal
of General Changarnier, but to arrive indirectly at
the same end, by repealing the law by which that
military chief holds his exceptional position.
The object is to destroy that excepional position,
which during the last two years has made General
Changarnier the chief power in France, and which
having been created against sociali,m and insurrection,
is now used by a royalist parliament to prevent the
consolidation of the republic. It has been already
stated in yesterday's letter, that when it was known
at the Hoarse that a majority of the ministers had
pronounced in favour of Changarnier's dismissal the
funds rose considerably. Considering that the rumour
of the same measure having been resolved upon in the
time of the Permanent Committee produced exactly the
opposite effect, a good deal of surprise has been mani-
fested at the former result. Perhaps the true expla-
nation of the change is that the nation is not so
royalist as the Assembly, and wishes merely for a
steady government of whatever kind, perfectly indif-
ferent whether it be republic or monarchy, as long as
it possess strength and durability. The continuance
of the present conflict between the powers being fatal
to all commercial affairs, any event which would
once for all settle the question in some definitive way
would be hailed as so mach gain.
When the news was brought to the chamber that
the funds had risen with the rumour of the dissolu-
tion of General Changarnier's power, the countenance
of that general, who had hitherto been in high spirits
and surrounded by friends, was observed to fall.
The President exhibits the greatest indifference to
the prolongation of the crisis. He was waltzing
at the house of his cousin on Monday night,
until about two o'clock. Louis Napoleon seems
to be quite confident that the delay is in his
favour, and that public opinion will pronounce for
him in the departments. He counts, evidently, much
on the reaction of the provincial feeling on the capital.
A battalion bivouacked last night in the Salle des
Pas Perdue of the Assembly, an occurrence which has
not been known since the days of Jane.
Explanations of a very animated character took
place yesterday in the couloirs between Gen. Chan-
gamier and M. de Montalembert; but the fact
of the latter having to-day joined his fellow delegates
in supporting General Changarnier in the interview
at the Elysee, shows that they are still political
allies.

In the Assembly the debate was renewed upon the
Mortgage BilL M. Rouber was still the only member
of the government on the ministerial bench. Gene-
ral Changarnier was in his plane. Conflicting ac-
counts prevailed with regard to his dismiaul. M.
Datum was also present; but the absence of MM.
Odilon Hulot, Darn, and other parliamentary leaders
was remarked. Sion after 2it became known that 8
of the burgraves had been summoned to the Elysee.
How they sped in their conference with the
President hu been described above. The, articles
involving ths principle of the mortgage law,
were rejected. The project of the committee may,
therefore, be regarded as thrown out.

A new ministerial list circulated, In which the
names of M. de Morny, as Minister for Foreign
Affairs; General Randon, for War; M. Fortoul, fer
Public Instruction ; and M. Leine, for Marine, were
mentioned, with those of Fonld, Baroche,
Domes, and Bingen retaining their present places.
An incident occurred in the debase on the Mort.
gage law which produced some little animation. M.
Vatimesoil reminded the house, with much energy,
that formerly the President's attached much
importance to the question of ere it fowler. This
statement drew forth murmurs from several members,
and appeared to greatly irritate M. Abbataocd.

PAWS, JAN. S. Tor .
For aCantal.
Money..:Openleg W aken. Lowest. Closing
--
3 per Cents. ....... 34 63 56 SS SS S 3 15 45 66 80
5 per Ceuta..
5 do. New Loan 94 75 94 33 94 75 94 55 91 75
61 per Cents.—
,sa a
6 per Cents 74 n s,
itzobanne on Looms: at sigh" 25 21; el days, 34 SS.
Belgian, 5, HBO lOOl stoney. Nap.. Rectra ... 96 30 Mosey.
Its. 5, 1642
Do. 44
Do. 24 1630 „ Treasury Bonds 3l ~
Piedmont 5 es:Ceuta. 85 ~ Bank Shares 2210
8001951 —St. Germain, 410; Versailles (right bank),
161 25 ; ditto (left bank), 162 50; Paris and Orleans, 831;
Paris and Rouen, 877 50; H. -uen and Havre, 267 50;
Strasbourg and B de, 136 25; North, 470; Paris and Stras-
bourg, 352 SO ; Tours and Nantes, 247 50; Dieppe and
Feeemp, 195; Bordeaux aad Taste, 40.