The Express.
London, England, 1853-03-01 00:00:00

FRANCE.

PARIS, 11011DI.Y EVZ/lING.
These has been great excitement and much uncer-
tainty of feeling to-day on the subject of the news
from Vienna. At the opening of the Bourse a species
of panic prevailed in consequence of telegraphic
ac-
counts of a fall of 3 per cent. at Vienna on Saturday.
' It was concluded either that serious intelligence must
have been received from Constantinople, or that the
health of the Emperor of Austria must be much
worse : but before 2 o'clock a telegraphic despatch
Lacsearosted, stating that the Ottoman Porte had
acceded to all Count Leiningen's demand. This
news immediately produced a favourable reaction,
which was not, however, fully maintained to the
close. The despatch was in many quarters regarded
with a good deal of incredulity. It is not a govern-
ment one, and private telegraphic messages received by
way of Germany are not to be implicitly relied upon.
Nevertheless it is, upon the whole, considered pro-
bable that Turks,y may have given way under the
sense of present danger. It is, however, more than
probable that the concession, so far from definitively
settling any question, will only encourage Austria
and Russia to make further demands. Another
despatch, subsequent to the one exhibited et the
Bourse, dated " Vienna, Feb. 27," states that the
march of the Austrian troops into Croatia has been
countermanded.

I understand that 10 new senators are about to be
created immediately. The following names have
been mentioned to me as likely to be included in this
promotion : the Marquis de Pracontal, a converted
legitimist of no political notoriety ; M. Brtt, the pre-
fect of the Rhone; Viscount de Suleau, prefect of the
Beaches du Rhone, who has frequently distinguished
himself by the fervour of his proclamations ; M. de
Thorigny, the Minister of the Interior during the
short administration which preceded the coup d'etal ;
the Marquis de Lavalette, ex-minister at Constanti-
nople; and the Duke de Valmy. The latter name
excites some surprise, not on political accounts, but
because people find it difficult to understand what
attractions the Duke can find in the post of a senator
to induce him to leave Florence, where he has long
resided.

The object of the new law on the savings banks
shortly to be brought before the Corps Legislatif is
to check the affluence of capital to those institutions
from persons not strictly belonging to the working
classes, for whose benefit they were principally in-
' tended. The interest payable by the savings banks
was fixed by a law of 1832, confirmed by subsequent
laws of 1837 and 1846, at 4 per cent. Although this
interest was less than that yielded by government
securities, the facility of making the smallest possible
deposit, and of withdrawing the amount at any time
without risk of loss, proved so great an attraction
that the government long since judged it necessary
to take measures for diminishing an accumulation of
capital which, considering the liability of the state
to refund it at call, became a source of danger and
embarrassment. In 1845 a law was passed limiting
the deposits receivable from any one person to 300 f.
per week, and fixing 1,500 f. se the maximum
of any single account. This sum was, however, al-
lowed to be increased to 2,000 fr. by the capitalisa-
tion of interest , but as to any excess above that
amount, the depositor was encouraged to lay it out
in the public funds, by a provision enabling him to
bay reties without expense at the lowest market
price. This law continued to regulate the savings
banks till the crisis of 1848, when, in order to cap-
tivate the confidence of the depositors, the prom-
lineal government raised the interest to 5 per cent.
In 1851, the inconvenience felt in 1845 was found by
experience to be on the increase. The Legislative
Assembly reduced the interest to 41 per cent., fixed
I,ooofr. as the limit for any single account, inclusive
of all accumulations of interest, and enacted that all

excess above that sum should be laid out in the name
of the depositor in government stock. This law
appears however to have been evaded, for there were
lately upwards of 2,000 accounts, in Paria alone, ex.
seeding the limited amount, and one of the articles
of the proposed new law directs that they shall be
strictly reduced to the legal amount. The interest
is moreover to be reduced from 44 to 4 per cent.
Hitherto it hos been considered doubtful whether the
statutes of limitation were applicable to savings bank
deposits, but it is now proposed that 30 years' non-
claim shall be a bar to all demands.
Trade is very stagnant now in Paris, even for the
"dead season. The applications for discount to the
Bank and the Comptoir d'Escompte, have very greatly,
diminished within the month. The principal
demands lately made for exportation are from the
United States, but the New York Exhibition being
fixed for May 1, is supposed to be the reason why
the Americans make their purchases earlier than
usual, and it is not thought that the aggregate
amount of exports to the United States will be in-
creased this year. A number of fancy articles
have been manufactured in the hope of
. .

Selling them to the Empress, but the [pestering; 4
these must of necessity be thrown back upon the
makers' hand.
There has been an improvement to-day in the
prices of all the French securities. The Three per Cent.
Rentes were quoted 40c. better than on Saturday lie!
cash, and 23c. hi her for the mount ; the closing
rates being 80f. 40c. for the former, and 80f. 20c. for
the latter. The Four-and-a-Half per Cents. alas
attained a similar improvement, being last called
108 f. se. for cash, and 103 f. 90c. for the account.
Bank Stock unaltered at 2,800 f., and a further de-
cline in the prices of nearly all railway shares—the
only exceptions being the Paris and Rouen, and
Lyons and Mediterranean lines. Tke Paris and
Lyons fell 15 francs, and the St. Germaine 20; the
others from 2 to 'I franca per share lower.
PARIS, SUNDAY EYINING.
The Municipal Commission of Paris has resolved
to widen the 'toe Vivienne between the Place de la
Bourse and the Palaia-RoyaL The new street, the
Rue de la Banque, which was made some time sines
with the view of relieving the traffic of the Rue
Vivienne, has not been found to answer the purpose
intended. The improvement now proposed will be
exceedingly expensive, because a number of valuable
shop fronts on the (linguini side of the Rue Vivienne
must be demolished, but the result will be to make
the Rue Vivienne the finest street in Paris. The
Rue de la Psix, which alone an compete with it, is
so wide that the effect of the light from the shop. is
lost. It is more like a condauation of the Boulevards
than a street.

The Conetitutionnel says, it has reason to believe
that the Company, which propene. to work the trans-
atlantic packets from Cherbourg, has already ob-
tained subscriptions for the whole of its requisite
capital of 63 millions. The project, it adds, has re-
ceived the adhesion of the greater part of the mer-
chants and shipowners of the maritime poets, every-
thing is ready for its execution, and it cannot be
doubted that government will finally make choice of
'Cherbourg as the transatlantic station.

His Majesty has announced to the recognised
members of his family that he intends to distribute
among them a million of francs yearly from his own
dotation. It it is said that the Prince de Canino
will have 100,000 f. ; Prince Pierre Bonaparte,
100,000 E• Prince Antoine Bonaparte, 100,000 f. ; the
Princess bamerata and Prince Lucien Murat the
same sum each; and that smaller amounts will be
appropriated for the ladies of the Murat and Lucien
Bonaparte families. "Il va sans dire," that the
Countess de Bolos and Mr. Wyse will have no part
in this windfall.

A judgment which savours more of the dark ages
than the nineteenth century has just been rendered
by the imperial court of Rosen. A lad of 17 has
been sentenced to six months' imprisonment for
" sacrilege ;" his offence being that he presented
himself at the communion table during a midnight
mass without having previously been to confession,
and without having received the sacrament for the
first time in due form. It is a surprise to many
people that this should be an offence cognisable by
the temporal tribunals.
All the poetical effusions offered to Napoleon lIL
have been collected and published in aiiingle volume
by M. Lesquillon. The preface lays down the pro-
position that this collection is a proof of the progress
of independent feeling.
Some few days since it was announced that the
Paris Charivari had been excluded from the whole
of the Austrian empire. I have just learned
from an unquestionable source that the
Charitari has only lost the sale of eleven
copies in consequence of the prohibitory decree.
The paper that passed current in Austria for the
humorous Parisian print was a Belgian piracy. The
Emperor of Austria was himself one of the 11 sub-