The Express.
London, England, 1859-04-20 00:00:00

EXPRESS FROM PARIS.

(room ova owl'

PARIS, TueSDAY EYININO.
The great discrepancies between the ministerial
explanations and the article in this morning's Aiwa-
fear will have been extensively commented upon in
London before this letter reaches you. The French
government waited till they knew by telegraph
what had been said in parliament, and then sent the
article to the printing-office, in order to contrast the
"inexhaustible moderation" of the Emperor with
the bad fellowship with which the French press will
be instructed to reproach the English government,
and in order, by holding out hopes of peace wrapped
up in ambiguous language, to attenuate the effect of
Lord Derby's speech, which shows beyond a doubt
that the Queen's government feels that it has
hem trifled with. Upon the question of a
moral disarmament the bad faith of the
official article is patent when we come to
collate the studied language used with known
fats. The government of the Emperor we are told,
having ►dmitted the principle of a disarmament,
could have no objection as to the moment which
might be judged meet opportune for carrying it out ;
and if the powers thought fit to proceed to the mea-
sureeven before the meeting of the congrese,it would,
foe its part, have " no motive for not conforming to
this desire." This statement will doubtless be ao-
oepted by many people who have not closely
watched the course of events, as a promise
on the part of France to disarm whenever
Austria oonsenta to do so. But the public knows
from the semi-official journals that France means to
deny that she hes been arming, and to say, there-
fore, that the project of a disarmament cannot pos-
sibly apply to her. By "conforming to the desires
of the other powers," the Nowifeter therefore means
to say, according to the interpretation to be here-
after given to the words need, that France has not
the least objection to the other powers disr,ming,
as soon as they can agree to do so among themselvet.
It will, in fact, be quite open to her to say, that even
Ragland, who has nothing to do with the quarrel.
most, in case of an agreement for a general diearma.
meat, discontinue working in her dockyards.
The most earprisiog part of the article of the
Moniteser is the announcement that the French

government (not the Austrian, as was thought in
Paris last night) proposes that all the Italian states
shall be admitted to the congress. This arrange-
ment it might be thought would give a certain ma-
jority to Austria, because the petty states in Italy are
under her influence. I was, however, greatly asto-
nished to hear it asserted to-day by a personage
connected with the government that France feels
assured that all the Italian states, whatever they
may have said hitherto, would, if admitted to the
congress, ♦ote with Piedmont. I believe this
to be a piece of false news ventilated
with a purpose. The Patric has an article
this evening in which it undertakes to interpret the
Ifosiiteur, and from this interpretation it follows
that the " magnanimous" and plausible offer to admit
all the Italian states to the congress rests upon a
quibble. The Pattie thinks that they "cannot all
be admitted on the name footing." Piedmont mast
be admitted with a right to vote, and the other
powers with a right only to be heard. Thus ex-
plained, the pretended conciliatory offer is merely
one which it is perfectly well known beforehand I
that Austria will certainly not accept
The Pays is lost in admiration of the magnanimity,
which has always characterised the acts of Napoleon'
111., bat will not risk a single observation on the
English ministers' speeches until a fall report
arrives.

The Press. (not an official journal) sees in the

ifowitur a concession which Lord Malmeskury was
not aware of, and construes the article as implying
that "Franca does not consider herself exempt
from the operation of a general disarmament." Al
I have already intimated, I believe this construction
will not be supported.
All the cavalry regiments going to Africa have
been ordered to kayo their hones behind them,
and to supply themselves with others in Algeria.
Several clerks belonging to the thaws ministry
have been sent to Turin, to aid the Sardinian go-
vernment in keeping the accounts of the army.
The Bourse was in a state of great indecision. The
article in the Moniteur, taken by itself, was thought
rearming; but the effect of it wu neutralised by
Lord Derby's speech. The Rents rose 64. for cub,
and fell 6c. for account, closing at 67fr. 60e. and
67fr. Mc. Mobilier fell 6fr. There was scarcely any
change in railways.
The Press, says in its weekly commercial
review :

Ws have now reached a period of the year when under
mdinary cirotunMances badness to very active, and this
SSIII3II bad been meth:easily reckoned upon to campmate
for the long stagnation of 1868. Bat the melange& uncer-
tainty of the political situation, and the fear of war, prevent
any important operation from being undertaken. All spurn-
lathe business and all large replenishments of stooks On sus-
pended. People are buying nothing beyond what they want
for immediate consumption.