The Express.
London, England, 1860-01-12 00:00:00

TUT r INTELLIGENCE,.

JANUARY 12,

ENGLAND AND FRANCE.
following paragraph in the Opinion No.
in important if well founded :

"It appears to result from English letters that the
dravring together (rapprochement) of France mid
England will not lead to a treaty nor even to a
proton!, and that the British. Cabinet will remain
in an attitude) of sympatheeic neutrality."
The Post of this ravening has the following
announcement:—" Whoa the increased and daily
increasing mercantile transactions between England
and France and the liberal tendencies of both
governments are considered, it cannot fail to give
the liveliest satisfaction to the two nations to under-
stand that negotiations are at this moment on foot,
having for their object the conclusion of a commer-
cial treaty on the broad basis of mutual advantage."

EXPRESS FR6k PARIS.
(mom ova OWN oomiabroiroam)
PARIS. WUXI/MAY ETININO.

As I informed you yesterday, all the French
journal. received orders, couched in terms of untumal
severity, not to publish the Pope's speech. How-
ever absurd the idea wu to suppress a dosument
which will stand forth in history as one of the most
important events of the nineteenth century, that idea
was uppermost yesterday afternoon in the minds of
the Emperor's ministers. But the Emperor, not for
the first time, has shown himself on a special octa-
-1 Dion wiser than the system which he founded and
supports. Twisting his mustachios and smoking his
cigarette, he last night, at a late hour, ordered
that the speech should be inserted in the ifonitestr,
together with his letter to the Pope of December 31.
The Univers, which knows that its days are num-
bered, disobeyed the injunction served upon it, and
published the speech, but it stands alone in this
act of disobedience to imperative though unlaw-
ful authority. It has made up its mind to receive
the sentence of suppression whenever it may come.
In the Debuts IL Prevost Paradol very ingeniously
insinuates a knowledge of the extraordinary speech
which was to have been kept back. Continuing
his controversy with the Patric, which had denied
that the Pope was personally responsible for what
Cardinal Antonelli might choose to insert in the
Giornale di Boma, he says :—" But the Pope some-
times speaks u well as write; ; what will the Patric
do, if some day the Pope should happen to say the
very thing which was written in his official
journal ? "

The Emperor's letter has been most favourably re-
ceived by the public in Paris. I doubt whether he
ever did a more popular thing than to make it pub-
lic, together with the Pops's grossly insulting attack
upon him.
The ()potion Nationale says:
_ . .

It is impossible not to see the importance of the
two documcats published by the Roleiteer. The Pope's
speech, remarkable for the unusual violence of its
expressions, contrasts strongly with the calm tone of
the Emperor's letter; but this is not all: the
bitter onslaught upon an anonymous pamphlet, the
insertion in the Moeitintr of the pontifical speech, the
Emperor's letter, published by way of an anticipated
mann" to the Holy Father—all demonstrate that the quer
den bits made • decisive step. Up to this time a more or
less transparent anonymous veil her enveloped the pamphlet.
But after reading the Monitear of this morning it is clear
that the leading idea of the pamphlet, viz. the restriction
e' of the Pops temporal domain, is adopted by the French
government. We have already notified our reservations in
reference to the incomplete solution which the pamphlet
offers. We insist ei fortiori upon these reservations now
that we fled in the Emperor's letter a scantiest even yet less
radical. If we do not admit in principle that a city should
be reduced to slavery for the greater glory of catholicism,
oar objections are necessarily stronger still when we find that
the welfare not merely of a single city but of one or even
several previews is involved. But we are not of those who
take for their motto "all or nothing." The renunciation of
the Romagna', which the Emperor recommends the Pope to
make, is an instalment which we accept as such, and we
regard it as an important step towards the separation of the
spiritual from the temporal power, the only solution com-
patible with that principle of uatiosal sovereignty which vs
profess in France, and with the dignity of the catholic
religion itself. The abandonment of the Romania; is only,
it is trosos first step, but it is a great one.

The Preece, while regretting that the letter
crossed the speech, "so that the speech does not
answer the letter and the letter does not answer the
speech," says that it is nevertheless sufficiently plain
that the Emperor adopts the conclusions of the
pamphlet, so far as regards the separation of the
legations from the Papal states. "We now clearly
know what the Emperor wants and what the Pope
wants. It remains to be seen what are the ultimate
decisions of Italy and Europe."
The Petrie continues to harp upon the resignation
of Cardinal Antonelli as an event which might
reconcile Pius IX. to France and the catholic
world.

Lord Cowley's arrival in Paris is announced by
the Patric. The Presse says that his sudden return
may be interpreted either as evidence that his mis-
sion was promptly successful, or that it was checked
in the beginning.
The effect of the publication in the Moniteur was
to depress the Rents at the opening of the Bourse.
It fell to 68fr. 30c., and 68fr. 20c. But the news,
known to many operators connected with the wart,
had been as usual discounted to a great extent, and
purchases for cub to a considerable amount made
the market rather firm before the close. The last
quotation for account was 68fr. 66c., being a rise of
10c., and 681 r. 66c. was also the last cash price—
the same as yesterday. Mobilier roes 2fr. 60c. There
was not more than the difference of one or two francs
in the closing quotations of the railways.