The Express.
London, England, 1848-09-29 00:00:00

~~

652.] LONDON, FRIDAY, SEPT. 29, 1848. [THREEPENCE.

LATEST FROM PARIS.

TXIMAIDAT, 6.30 rat.
As I told you would probahlpyretzi the debate
on the great question of the of the re-
public will be commenced imutediete y. It may
Vhly some on to-morrow, bat certainly not later
Mond.
The arilreraayl great parliamentary parties held meet-
ing, last "ming, at their respective places of rendez-

that the armistice concinded with Sardinia, and ex-
piring on the 91st, ham bun rage far 30 "II
acre there en hopes, therefor*, it that a pam4o
of the diflerenese existing between
liAl=ner:drlßardinia will soon be agreed t'. It a/so
announces that the negociations with the Holy Bee
ars taking a pulite tarn.
The Natioieol havoiaint, under the date of Turin,
the 23rd, states, that Mania bed had a meeting with
twenty of the richest capitalists of that city, who
had agreed, with thirty others, to take the loan of
seven millions, by becoming guarantees for that
amount of paper money which the government we.
to put in circulation.

-The meeting at the Rue de Poitiers wee witp
aumseuely attended, upwards of throe hundred sits-
=present. General Bareguay dliilliase wee
peskiest.
_sat ILIL Leen Faucher WI as
Fames Sere dela dee-gemihiets The meetingdiesnewilbe gasifies ef the emedinest to be pus
plea by lie pessimist pity on the &MN of the
Swathed's which dallies that the presided of
the repel& shall be elected by nemesia saf-
reps. One of these projects is to the effect
thet the election of the president, he the fret
des shall, pr•Aac vice, be made by the Aseembly,
sad not by the people. The object of this. as I have
already ex d, is to give some theses to the
elegies of Oeaeesl Cavaignac, which weed °stalely
fail if subsided to the test at the pep*. vote. The
meeting resolved unanimously to this mea-
sure, and to express, by every avanaW mem their
dSeest from it. If the amendment be=0":1
tint
shall appose that, by the aid of the
the government party can carry it, the party of the
Rue de Poitiers will withdraw from the house in a
body, declining to vote. Such was the resolution
taken last evening. They also resolved not to consent
to any red:Wien upon the popular choice of a president,
such as those intended to be put forward in some of the
amendments. The object of these is personal, and is
to disqualiffPrinos Louis Napoleon and the Prince de
Joinville. The party of the Rue de Poitiers, in fine,
desire that the right of the people to choose therm-
sided shall be not only immediate, but unrest:lsta
That they shall not only choose the first president, as
well as all succeeding ones, but also shallchoose whom
they hase.
ff thp e election for the first prodded shoed take
place in the Assembly, the rsment of the great
body of moderate members of the party of the Roe
de Paden, besides its moral effect as a coup d' eta,
might reduce the numbers present below 600, in
which ease no vote would be valid. If, however, the
election should be persevered in, the party of the
Institute would oppose General Cavaignae, whom
they hate, and would set up M. Lamar-
due against him. The exalted democrats,
who also detest Cavalries, would set up
Loden Rollin, and a "mall party would
vote for Prince Louis. The result would be that, on
the first ballot, none of the candidates would obtain
the requisite majority. The ultra*, then, sooner than
vote ter Canignao, might join the party of the Insti-
tute, and vote for Lamartine. But in the conflict
innumerable contingencies might arise, which it is
impossible to foresee. If the election were to be by
universal suffrage, the sitcoms of Prince Louis at pre-
sent is conaidered certain, although the Prince de
Joinville would, it is thought, obtain a considerable
number of votes.
At the meeting of the party of the Pales Royal,
,which consists of oltrademocnicts, not, however, in-
cluding the extreme party, which, from the want of
any other name, we must all the Mountain, it was
resided to support the amendment, giving to the As-
sembly the privilege of electing the first President.
The party of the Institute, less democratic than
that of the Palais Royal, and Is.. moderate than that
of the Rue de Poitiers, were very much divided, and
came to no resolution. A pit of these would vote
with the party of the Rae de Poitiers, and the other
with the party of the Palais RoysL
The Montagnard perty, which had also a meeting
last night, resolved to support an amendment, to be
proposed by M. Glary, for maintaining the dictator-
'hip of the Assembly, the chief of the executive to be
named by it.
Nothing 'of interest took place to-day in the
Assembly.
The state of prostration to which commerce in
Paris has been reduced continues without any miti-
gation. Visible evidence of this is presented to all
who reed to this capital. The number of shops
closed in all the principal thoroughfares cannot fail to
strike the most cursory observer.
Much astonishment was produced on the Bonin to-
, at the official note which appeared in the
ivileur, disavowing the loan announced to be
undertaken in London, and declaring that no inten-
tion was entertained of calling for any new
credit It wee recollected and observed Oat M.
Gontichaux had expressly announced to the Assembly
that he could shady negotiate a new loan, and as the
bonne of Devaux and Co., of London, hal hem
connected in business with M. Gondohanx, it issued
extraordinary that this house should have taken upon
it to publish propositions and present proposals to
eight capitalists for an affair of such Importance if
they bad not received authority from Paris. These
observations have given rise to a belief that the first
steps taken by the English hots were not attended
with wee satisfactory results as were hoped for, MA
that, anticipating the failure of the association, M.
Gouache= thought it beat to disavow all participp
G in the proceeding.
The pubis contradiction of the official journals has
produced at the Bourse an effect so much the mars
nafafterable as the news of the approaching has
satribeted yesterday to the rise, by amain ea kr
preesion that the English capitalists were memihstbg
a confidence in the French government. Pardee's,
accordingly, which were ordered yesterday, have been
countermanded to-day.
Various reports, of a political and financial nature,
have had an unfavourable effect on the market
Among others, the resolution adopted at the Rue de
Poitiers, which I have mentioned above
It was reported, however, that a compromise
had been proposed, which was to the effect dist Ge-
neral Oaraignen would be named president, and M.
Daher* vica-president of the republic, until the
organic' laws should be voted, after which a new
election would take place. Ido not believe, however,
that there is any pound for this last rumour.
At the moment of closing my despatches, I learn
that unfavourable news has been received by the
government to-day from Turin. A cabinet council
has been soddenly convoked at the hotel of General
Weems.
rms. sarr. 111.— Wow ; Itme per C4l ;
Pet! Pet OWL, ; lAA laws, 00 46 ; nen. —.:
Rho. MO, 761 ; Ds. 1142, 761 ; Ds. hisses,— ; Do.
a.-1 MOO Leto, 50; PAN= lam, ; ?Num
irk 1610; balmy cm UN" 110 dim
N 616 Nth; NEIN. II asi
111016 wOOl.-1166 sad Odom, NO ; Pl* 1/0100. 411;
Nom sal Rom —; A• 16••■ sad 1 Ina
01; Innikerg
Emil Da* NI Si; Oman (0186•00), NI; MAIM sal 1106k001.
1116r6maz, 177 76; If WS. •

The Madrid Gazette, of the 23rd, pbliskes a air-
wake el the Minister of Finances to the intendants d
=which virtually pats an end to the coat set
he bank and the t relative to ad-
men to be made by the i<oemm. The goverment
will henceforth raw mossy on its own credit. The
ialeilivesee of the &hat of Oabrers's band, near
is confirmed, bat it is not true that Cabrera
Milibe:n% driven over the French frontier. He had.
however, been so very closely premed by the gusea's
taupe as to have had only a narrow escape Iran
MD( into their hands. aftwal Falgosio, Captain.
Omni et flies, jos, has died. Letters of the Malice
/kW fa M announce that conflicts between the
fignefeeds and the Moon continued.
maw" elm 11L—Ibiss wawa. I% pew ; idtart 8010, 191
i ~vids..oolffi. 14 tow se"- orb.
cmmg
411.. r. mi rtrsjs, 41 So awl.

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