The Express.
London, England, 1847-12-02 00:00:00

The Chevalier Spinelli is also a liberal and
enlightened person. It was understood that the
ministry of pollee, rendered so odious by the atro-
cious Delcarretto, would be abolished, and its duties
annexed to the ministry of the interior. It was also
reported that M. Code, the confessor of the King and
the prompter of many of his evil deeds, would be die-
mimed. Other changes, still more important if pos-
sible, were expected. The Prince Comitini, who is in
the ministry without a portfolio, and who is known
to have the confidence of the King, and to have co-
operated with M. Pietrs Catella in effecting these
salutary changes, will probably be appointed Minister
of Foreign Affairs. Sicily is to have a separate admi-
nistration, under Count Trapani, as viceroy.

MADRID, Nov. 25.
I gave in my despatch of yesterday a rough outline
of the opening of the debate on the address. By far the
most important feature in the day's achievements was the
marked liberal tone of the speech of Names. The next re-
markable point in the debate was the profession of neutral-
ity on the part of goveroment,when its head was called upon
by Doom& to declare whether he approved the language of
the paragraph, against which the amendment was aimed, as
against an implicit vote of censure of the two preceding
ministries. Such a neutral position is quite at variance with
the common parliamentary practice either in Spain or in
any other country where representative institutions are u-
tablialied. The government according to usage ought to
adopt the address. If it does not, it virtually abdicates.
I The neutrality of Marren reveals a deep schism between
the government and the ultra-mode:adios; and the determi-
nation of the latter to embarrass and throw out the ministers.
Chance has favoured the designs of the ultras in the compo-
sition of the committee, which contains the quintessence of
the majority. They have taken advantage of this partly
accidental unanimity to digest such an address as could not
be adopted by the government without contradicting both in
word and spirit the sentiments and expressions in favour of
national union, forgetfulness of pest quarrels and grudges,
&c., which are consigned in the purely ministerial composi-
tion of the royal speech. The two words which, from the
beginning of Narvaex's ministry. have figured most often la
preambles to decrees and such official documents as
admitted an expression of the contemplated spirit
of the administration, have been legality, ri-concilintion.
The bitter censure conveyed by the sonorous periods of Rio.,
Roses, and Pidal against the governments of Pacheco and
Doyens, put into the mouth of the present cabinet, would
utterly belie its conciliatory promise. But the refusal to
adopt the address of the committee, and the determination
to remain in power notwithstanding, would be no less incon-
sistent with the engagement to follow a mune of strict lega
lity. Thus the ultras have caught Narvars in the trap of his
own words, and placed him between two fires. By deciding
for the liberal side, so far at least as can be understood from
his answer to Became' yesterday, the Dake of Valentin had
placed himself in the necessity of dissolving congress or re-
tidal,: his office. In either case the progreaistas are well
dto an alliance offensive and defensive with him
the ultras. Meanwhile the latter have not left on-
plied tthe great engine of court intrigue.
Christina has made overtures to Concha, a man who has
always been exceedingly distasteful to her, but who promises
to become • meet serviceable tool for the present, being the
rival, and now, mina his dismissal from the command of
Catalonia, the enemy of Narvaes. From the hour in which
Don Manuel refused the French embaoiy, the Duke of Va-
lencia might count upon his decided opposition. Nervier,
then, veering round to the liberal pole, it follows that
Concha should accompany this deflexion of his opposite by a
corresponding deviation towards ultra-moderadoism. Mon,
according to this plan, is to be the President of the Council ;
Fidel, the Minister of the Interior; Concha, the Minister of
War ; and to-day I hear that °ensiles Bravo, now in high
favour at court, is to be Minister of Foreign Affairs. Bravo
Murillo is suspected as having been put by Christina into
the present cabinet to serve at • pinch as • man who would
make no difficulty about countersigning royal decrees for
the dismissal of his colleagues.
Sanchez Silva was expected to make a speech to-day upon
the economical amendment; and Benavides to defend the
Pacheco ministry. To-morrow, Cortina and Olozaga are ex-
pected to take up the debate. Olozoga, unfortunately, is not
well.

BELGlUM.—Buossura, Nov. 27.—THE NEW
POSTAL LAW IN BELOIUII.—On the 26th inst. the Belgian
Chamber of Representatives finally adopted the project of
law relating to postal reform. The new laws (which will
come into operation on the lit of January next) reduce the
postage on all Belgian newspapers, whatever may be thew
size, from 2 centimes to lc. ; and that on foreign journals,
from 10c. to de. Consequently, on and after the above date,
the postage on English papers arriving in Belgium will be
one halfpenny instead of (as at present) one penny. " Re-
, commended letters" (that is to say, letters recommended to
the special care of the Post-office) may be sent on prepay-
ment of the postage and the payment of an additional penny.
The main question, however—the introduction of a uniform
system of postage—has been adjourned for the present until
ministers shall decide in favour either of a 10 centimes or a
20c. system. It is all but certain, moreover, that tke stamp
duty on newspapers will be reduced.
ISAXONY.—DREBD6N, Nov. 24.—A dreadful mis-
fortune occurred on the Elbe, near the village of Sebousei,
in the district of AUNiti. Thirty-seven workmen, belonging
to the works of the railway from Dresden to Prague, em-
barked) on Friday night last in a boat, to cross the Elbe.
They had scarcely left the shore when their frail craft upset,
and they all fell into the water and were drowned. But 17
bodies had bees found. Among the victims were several
fathers of large families.
FRANKFORT, Nov. 27. —RE-IctuRIAGE OP A
DIVORCED Couria.—Mlle. de Reieheabech, daughter of the
late Elector of Hesse Cassel, and who was married for the
first time to the Count of Lukhner, from whom she was
divorced ; and for the second, to M. de Wolzdorff, Counsellor
of State, who died about two years since, is about to marry
her first husband, M. de Lukhner, from whom she was sepa-
rated merely through politics' motives, which have now
become groundless. This marriage, the banns of which have
just been published, is to be solemnised in the reformed
I church of Frankfort.

BANKING LAWS OF • THE STATE OF NEW
YORK.
[Prom the New Tore Leerier and inquirer.]
In the absence of any intelligence of very positive
moment, we have supposed it might interest such of our
European readers as by the force of circumstances have their
attention turned just now to the subject of banks, and the
beet modes of rendering these institutions at once safe and
useful, to lay before them the chief features of the free bank-
ill lams of the state of New York, under which, for the last
nine or ten years, the paper currency of this state has been
mainly issued. We accordingly annex an abstract thereof,
adding that since the period when this law was enacted,
between 76 and 80 banks have sprang into existence under
it, with aggregate capital of about fit teen millions of
dollars, and with the right to circulate totes to any
amount which they may secure by a pledge of state
stock. Of these none wholly based upon stock of the stale
of New York have failed, while several, of which the
capital and the securities pledged to the comptroller for
circulating notes, were composed partly of stocks end
partly of bonds and mortgages, have failed. As a matter of
feet it may be stated, that although the legislature have not
been prevailed upon to strike out from the law the provision
whisk permits securities, so inconvertible on the spur of the
INSMilth MB mirages often prove to be-experience and the
practical working of the laws have led to such an amend-
ment, and no new banking association is attempted, or coed
command confidence, which does not confine ita securities to
stocks, for these can always be realised at or near their value.
In addition to the 75 free banks in the state of New York,
there ars some 84 incorporated banks, the security of whose
circulating notessaranteed by what is known as the
safety fund, composed of an amessment levied from time to
time on the dividends of these banks. The circulating bank
notes, therefore, in the state a New York, are as safe and
well secured a currency, and as nearly fulfil all the legiti-
mate functions of a currency as any that ever was devised,
tai nothing but a lees continued and very adverse state of
the tartlet; exchanges, aided by the mischievous operation of
the submeasury law, which, by withdrawing coin from the
banks, alarms the public mind, can produce my disturbances
of this currency.
The Free Banking Low of the state of New York we.
enacted in April, 1838. Several minor modifications in it
have since been made, but um* touching its principle-ex-
cept that New York Mate stock only can now be plodred. as
a security for notes, to the ezikkon of stock of the United
States, at of other stoma all of width won allowed by the
original kw. Its soda revision are these-that any per-
son, en say number of 611111atht to do the bud-
s— abstains, ea thew tint:
la% yew PO Ewalt via; the el the Wak In stock
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et Ow rite yakael thweltes4le the initials of Welk sees% Is
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mit gwess se puma es the eamprollsr Pak soodis airiest
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