The Express.
London, England, 1849-11-16 00:00:00

pumice al to reduce to 63 millions the credit of 103 and ions,
put down in hie estimate by M. Patsy. The imputation of
'he Lyons railway will produce an alleviation of 29 millions.
The 66 naillioas, with which the suite will remain charged,
added to the amount of the defiet of the budirta, will user)
sip to ample 800 millions the necessities fur which the et a-
wry will have to provide. We are confident of ming able to
meet this with the resources of the fl tatinp debt, without
being compelled to vele% to the negotiation of a It an on the
Reuel Lieu, and without employing the new means of en-
vies proposed by the nos. M. Poesy. It is not that we are
Ignorant of the danger which may result from an incrust of
the ficetiag debt. That increase was, under the last
government, the real cause of embarrassment which alarmed
men for a long time versed in the e•ad, of our fineness.
Bet there are two things to be considered in the floating
deir—its importance and he comp eition. The nettles of the
elements which formed it wee, before the revolution of
February, the principal cause of our anexiety. At that
period 320 millions of hone du truer, at fixed dates of no
great length, and 340 millions arising (reroute savings banks,
liable to b., called on at a moment's notice. expos-d the trea.
sury to an immense peril. In that ruatect, the present
situation is infinitely better. We can deduct funs the 600
millions the 200 millioas which the bank has *lrately paid, or
will pay in the course of the year 1850, in virtue et a treaty
which I call on you to sign d'orgenee, for the purpose of ex-
tending tke period for which the treaty was agreed to. We
ought to take, buidre, into account at least 84 millions
oblige will enter in'o the treasury as a current se-
count in the name of the Paris to Avis.= Railway Com-
pany, if you adopt the bill concerning the execution of
that lice. The remaining 316 millions are equal to
the ordinary and MOHO •ry amount of the Basting I
debt. If, in the course of a year. the state ,f the
treasury obliges us to iacrease the canal fund for Corrint
expense*, we shell eaei.y find that supplementary resource
of 50 millions, sod more if necessary, in the negotiation of
Bolas du Trisor. Thus, then, we inn without temerity give
ti the country the assurance, that woke serious events
we shall pus through the year 1850 without having re-
course to a loan, and without inseosing huh sserifizes on the
tax-payers. Such a time of repose is not too m•:ch for the
ectuntry to recover from the extraordinary demands made
since the 21th Febru try on credit sod on the tax-pay, re. Let
us not forget that we cannot obtain these advantages without
tracquillity far the present and faith in the Insure. Let
order revive, and labour, tkat fruitful source of all pros-
parity, will again receive an impetus, the stronger from its
lug restraint, and the difficulty of oar financial 'hustle*
will soon disappear. Oentlemen, it is for the apeompliih-
meat of this task that we ought to unite our efforts ; the
safety of the country is the abject in view, end will be our
recompense. I have the honour to present a decree from
the President of the Republic, which withdraws the bill t
impose a ee -tax ; another decree, withdrawing the bill
relating to the duty ea potable liquors; a third, having for
objet to abrogate the decree of the Constituent Assembly
of May 19, 1b49, ant to demand Item the Assembly to name
a committee to proceed to a paliem. ntary inquiry into the
state of the said duty on p-table liquors ; a fourth decree on
modifications to be effected in the registration duties;
a fifth, relating to the mange on letters; and, lastly, a
bill to approve of the extension of the time for which the
treaty of Nov. 13, 1847, was entered into with the Bank of
France. Thus the Assembly may perceive that all these
measures form an ensemble, the parts of which accord with
the whole. In the Interest of a speedy discus, i to, I demand
to have them sent to the committee on the budget. Cncer
uiinty cannot be prolonged without exciting a disastrous
effect on burins as, and necessarily on the public ICTOOUte.
(Approbation.)

These communications caused UM, sensation in the
Chamber. It was then to be decided wl.eiher the
projects of law should bo sent to a special committee
or to that on the budget ; and alter some discussion
the latter alternative was carried, after one of thuse
scenes of disturbances to which people here are get-
ting quite accustomed.
Some uninteresting mat'ers concluded the sitting.

The post of minister of foreign affsirs seems inn-
larly to go a-lugglng. M. Drouyn de I'Huys, who
came here yesterday, and was said to have received
an offer of his old place, has refused it. Today, it is
supposed to have been Riven to M. Thuriot de La
Rosiere, formerly a secretary of Rosai's, at Rome, siace
deputy for the Marne, in which capacity he spoke
his maiden speech, on Roman affairs, the other day.
Judgment was givin, par coutsimace, to-day at
Versailles against the absent participators is the
insurrection of the 13th of June list. The whole of
the prisoners Jardigon, Buverdier, Cr ear de Roy,
More, Jules Lechevallier, Ch. Di Ribeyrolies,
Bervient, Gongeon, Morel, Mather de Montjau rune,
Tessier-Dumottay, Ledru 1t"llio, Victor Considerant,
Boichot, Rattier, Beyer, Pllieger, Avril, Martin Ber-
n ,rd, Krenig, Rongeot Menaud, Landolphe, Hofer,
Kopp, Ans'ett, Rolland, Cantagrel, Ileitzmann,
Jannot, Felix Pytt, Kersauste, Villain, Etienne
Arrago, and Pr rrier have been sentenced to transpsr-
tation for life. . . _

It is positively stated by both /Kbals and Condi-
Neiman,' thia morning that the Morocco affair in set-
tled. M. VsHat, the consul at Mogsdor, has arrived
in Paris, having already obtained the necessary satis-
faction for the insult offered to him.
The Debnis says : We are as,ured that on the day
before yt sterday the Minister of War stated in the
committee on the budget that the French fleet which
had left Malta for Smyrna was about to receive orders
to return to Toulon, in cons, queues of the pacific ter-
mination of the differences between Turkey and
Russia.