The Express.
London, England, 1848-08-03 00:00:00

FRANCF.

PARIS, WEDNIISDAT, 11.30 A.M.
I hare on several occasions explained the various
clubs into which the members of the assembly resolved
themselves ; but these re-unions have under
gone so many changer, and are still in such
a state of irritation that it is necessary
often to return upon the subject, the more so
as they are the most certain indications of the state
of party and opinion in the assembly. At first there
were but two re-unions, tha• of the Rue de Poitiers
and the l'alais Royal, the former conservative and
including all the ex-deputies of the left centre; and
the latter democratic, including the provisional go-
vernment, the authors of the revolution of February
and many of the new members. The latter resolved
itself into two, one of which, led by Marrast, Gamier-
Pages, and Pagnerre, assembled at the Institute,
taking the title of the party of conciliation, and the
other remained at the Palms Royal, under the presi-
dency of M. Glaise-Bizoin. A third tlub, called the
Mountain, wlfch I have already mentioned, met in
the Rue Castiglione. Another has now beer. detached
from the re-union of the l'alais Royal, and I as t iken the
title of the absolute democrats. The leading members
of this are MM. Audry de Pyraveau, David
(d'Angers), Caussidiere, July, line, &c. This re-
union numbers about 50.

The effict of these scliisms, which, it will be per-
ceived, have taken place only in the original repub-
lican club of the Palais Royal, is to give a greater pre-
ponderance to the conservative party of the Rue de
Poitiers, which has held together with more con-
sistency.
The Mimile,er of to-day contains the decree for the
regulation, of clubs. It also contains a proclamation
of the Prefect of Police nn the state of Paris, in which
some encouraging circumstances are set forth, such as
the gradual departure for their homes of operati,es of
the provinces, the redemption of pledges at the Mont
de Piete exceeding in r mount the sums lent, the di-
' minntion of emigration indicated at the passport
office. It appears that the number of insurgent pri-
soners is now 9,223.

L' Union of this evening gives the following : The
commission of inquiry as to the insurrection heard
yesterday the report read in its bureau. It seems eer-
tale, from what has transpired of the deliberations of
this committee, that MM. Ledru-Rollin, Louie Blanc
and Caussidi,:tre, are seriously inculpated, and also
other representatives.
The committee deliberated yesterday on whether it
should propose the trial of the represent.tivls that the
report charged as guilty of complicity, or should
leave to the assembly the initiative in the accusation.
They decided to take the latter course.
I learn that serious dissensions have arisen between
M. Gendchaux and the Finance Committee; so serious,
indeed, that it is scarely probable that the minister
can retain office. The ground of these differences is
the proposed tax on mortgages, to the principles of
which the committee is strongly opposed, but upon
which the minister resists. A violent scene took place
yesterday in the assembly in connexion with this sub-
ject. M. Bastide is also likely soon to retire. His utter
incompetency is every day rendered more glaring.

The Madrid mails of the 27th have arrived. Some
curious gossip was circulated respecting the squabble
we have already mentioned as having taken place
at La Granja between the King Consort and Queen
Christine on the subject of the expulsion from Spain
lot the father of the former. It is said that an allu-
sion of the King to the marriage of Christine and to
the origin of Munoz provoked a blow from the
Queen Mother.
MADRID, Jute V.—Three per Cents., 184 5.16 cash; after Belay
184 casb. Five per (:cots., 101 paper; alter Bolas, 104 sash. Pastprea,
4 pspert after Doke, 34 cash. C unolvs, 64 cash. Bank of St. gersll-
nan 50 cash; 5i p.per. Discount of notes, 41 per cent. Ex-
change on London at 90 daYss 43 Gael.