The Express.
London, England, 1856-10-14 00:00:00

EXPRESS FROM PARIS.

(mom ova OWN

?Arlie, 1110XDALT iivzinwo.

Late this afternoon the important news arrives by
telegraph from Madrid that the O'Donnell Ministry
has resigned, and that Narvae. is President of the
Council. The work of erection goes bravely on.
Nerved', who, according to yesterday's letters, had
paid a friendly visit to O'Donnell, and did not desire
to interfere in politics, is already muter of the
situation. Whatever events may be in store for
unhappy Spain, the downfall of O'Donnell cannot bat
be a subject of rejoicing. Corps dieat have bees
of late years alarmingly soceseeful, and an example
of the overthrow of a cup cretat conspirator will be
most wholesome se a counterbalance to the tempts-
don which besets those entrusted with power to us
it spinet the people whose delegates they are. No
privy conspiracy or rebellion can be anything like
so dangerous to a state as that secret plotting of
government' to break oaths and overturn all guano-
' tees of national liberties which the unhappy nooses
of recent experiments have led unthinking multi.
tildes to admire and extol. 'The democratic conspirator
always risks his head and can do little harm against
a government really conformable to the popular will I
bet rulers who command the army, and are in pos-
session of all the resources of the state, may, whoa
they are utterly without principle, so choose their
time, and so select their instruments, as to keep •
whole nation prostrate at their feat fora fearful
length of time. O'Donnell, whatever he may hays
done to destroy the liberties of Spain, has not
long enjoyed his conquest. Between him and
Narvik' there is not a pin to choose on
the score of liberalism. They both rely upon
brute force to govern the people whose rights they
utterly contemn. O'Donnell, however, is the greater
hypocrite of the two. I think it highly probable that
Narrate will not last bog. The court will, &word.
log to the best opinions, be so elated by its success,
that a thorough ulinunontane government will be
likely to supplant him. Meanwhile, another
military insurrection may disarrange all the
plane of the reckless Qum. If, as has
bees repeatedly said with much probability of trath,
O'Donnell be Luis Napoleon's man, it may well be
that the Spanish branch of the Bourbons may be
ousted from their dominions at the some time with
their cousin of Naples
._ _ _

Bravo Murillo lift Paris on Saturday for Madrid.
The notorious Count San Leis is expected there
shortly, and then the whole bunch of ultra-reaction-
aries will be assembled in the aspitaL
The Bourse has been very bad to-day. The fall
which took place on the Boalevied on Saturday
evening and yesterday has been fully maintained.
The Rents fell 600. for sash. end 40e. for account,
elating at 66fr. 260., and 66fr. 90.. Credit Mobtun
fell 40fr. Railways fell considerably; Lyons, 1161 r.•,
Mediterranean, 36fr.1 and other lines from 6fr. to
12fr. The Spanish news was known towards the
close of bugling/.

I hare hard today an amusing episode of the
financial crisis. Tim %storm Railway Company has
no mossy as go on with its las to Mulhousc, and
the go sraimat will not remit the expatat of
raising funds by a now issue of obligats. Tho
Credit Menke has lima to, bat the an-
swer is that shot t his not now
the requisite ofightssa minim to dispose of. In
this strait tits started to Rothschild,
who told them eselielerable acrimony that
be did not wish to interfere with the habitual cow
teams of ths Credit Mobilisr, and that he should,
keep his messy for the advasossaost of the iatassts
of his own railway, the Northam.
A'! is roestod that the Million in the Bank of
Irmo „Nume ban iatimad six millions glass %tar-
dy. The tit that the beak was abort to Malt