The Express.
London, England, 1859-07-23 00:00:00

quietly back to France. And so the interview at
Villafranca was proposed. The rest we know.
In addition to these considerations, let me add
another to which history will perhaps hereafter
assign its due weight in these transaction'. It may
be said that next to the one great object of establish-
ing his dynasty on the throne, that which he has
most at heart is to receive the snore at the hands of
the Pope. It is, I believe, a settled point that, in
return foe Louis Napoleon's guarantee of the in-
tegrity of the temporal dominions of the papacy, the
compliment inferred by the offer of the " presidency,"
and perhaps the kissing and being friends with his
faithful brother (in a catholic sense) Francis Joseph,
Pius IX. will at no very distant period visit Paris
and perform the ceremony in question.
This will of course be a case of sack-cloth and
ashes for the legitimists u a political party. To the
ultramontanists, however, viewed in their connexion
with Rouse, it will be a triumph. Romanians will be
exalted at the oat of Gallicanism. It is said, by the
by, that Louis Veuillot has been received recently at
Bt. Cloud. He and his friends, of course, distrust
the government which professes to be based upon
the glorious and immortal principles of the revolu-
tion, and they silently gnash their teeth while they
fawn upon the exalted personage who, avec connois-
sauce de cause, to wee the words of Cardinal Morlot,
ordered the admission over the Belgian frontier
of Edmond Abont's terrible " Question Romaine ;*
bet it is impossible that they should not rejoice
when they note the formidable trio /uncut is was
who ere about, in vulgar parlance, to cook the
Italian goose. And it may be here observed that,
exactly in proportioa is this party is elevated at
the prospect of the fate in store for Italy, the Pro-
testant party is depressed. In their eyes the Pope
and the pair of catholic Emperors form a triad
which it would be far more desirable to see con-
founded than that of " the Devil, the Pope, and the
Pretender," celebrated in English history.
It is possible that I may come with a prejudiced
mind to the consideration of the Emperor's answer
to the corps diplomatique reported in to-day's
Noniteur. I cannot divest myself of the idea that it
has a certain fretful and bored tone which answers
to the aforesaid mode of accounting for the sudden
peace. His Majesty certainly wastes no useless breath
about the matter. Perhaps he thought the nuncio
might have been less brief in his address, which
occupies but four lines in the official columns. It
runs thus :
Sire, the diplomatic body feels the wish to ask your Ma-
jesty's leave to offer its anxious and sincere oongratalations
upon your happy return and the prompt conclusion of the
peace.
A clumsy affair enough, you will see ; but per
it was spoken in Latin. and if the legate is no
better hand at that language than the Pope, the
wonder is that it is not even worse.
The Emperor's hope that the peace may be of long
duration is reassuring, as far as mere words can
reassure the world. The absence of any remarks
as to the revival of commerce from the former mani-
festo was thought remarkable, and gave rise to much
uneasy comment. This may help to repair the omis-
sion. And yet the effect of this new speech upon the
Bourse has been to produce a fall of 55c., a worse
reception than the first speech met with. Audi
ailerons partem, says the adage. Napoleon declares
Europe is unjust towards him. It is possible that
Europe may have some reason for its thoughts about
Napoleon, whatever they may be. It would seem
that the mercantile world inclines rather to the
opinion of Europe than of Napoleon.
The Opinion, has the following on the subject of
the restoration of the ducal families:
The restored princes could not conceal the falseness of
their position with regard to the governed. If, then, liberty
has hitherto been impossible by reason of the thirst
of despotism in princes, it would Dow become im-
possible on account of the aversion, suspicion, and
reciprocal hatred which would exist hawsers the
governed and the governing. . . . Italy le reduced
te the melancholy position of being able to hope for her retire
ssseacipation in war only, in the face of the sort of Europeaa
easeptracy against her liberty and independence which is
revealed In the diplomatic action of the post era. Italy will,
thee, be obliged to do all in her power to stir up war, until
else hes attained her el jest. . . . 'tidy is too week hers
self elate to espel Austria from the peninsula. but she is
strong enough to keep Europe in movement, to eta up was
sad revelations.
The Bourse opened very heavily. None but sellers
appeared, and the impossibility of executing orders
produced a sort of panic. The Three per Cent.
Rente, which left off yesterday at 67fr. 75c., was at
first offered at 67fr. 45c., and in a quarter of an hour
it had fallen to 67fr. This price is a fall of 3fr. on
the highest quotation of the month, and brought in
buyers, which caused a slight reaction. A good deal
of business was done at 671 r. 20c. The more favour-
able tone of the speeches in the House of Commons,
as telegraphed later in the day, caused some im-
portant purchases at 67fr. 35c. and 67fr. 40c.; but
towards the close of the market there was much
heaviness, and the latest price was 67fr. 20c., being
a fall of 55c. both for money and the account on
yesterday's quotations. Credit Mobilier left off
heavily at 760 fr. to 762 fr. 50c., being a fall of 30fr.
for money, and 3lfr. 50c. for the account.