The Express.
London, England, 1857-04-29 00:00:00

EXPRESS FROM PARIS.

PARIS, TIMIDLY IiTINOI9.

I learn that the Council of State has made some
important amendments in the bill for taxing nego-
tiable securities. It is proposed to augment the
amount from 16 to 20 per cent., and to take as the
bags of the calculation the average quotations of the
last preceding year, and not of the last three years.
A favourable clause is introduced with respect to
nominal shares, but shares to bearer are to be sub-
jected to a duty of 10c., payable every six months.
A separate provision is made with regard to foreign
railways.
_ _

Rumours of the above measure produced a very
bad effect at the Bourse, and another considerable
fall has taken place. The Rente fell 25c. both for
cash and account, closing at 68fr. 05c. Mobilior fell
30fr. Railways were much depressed. Orleans fell
20fr.; Eastern, 16fr. 25e. ; Mediterranean, 17fr. 500. ;
Lyons, sfr.; Southern, 8fr.50c., and other lines aboat
sfr.

There has been a sudden movement in the silk
market at Lyons, which, for the last six weeks, had
been very flat. The rise, which is as much as 3fr.
the lilog., is attributed not as might have been
supposed to orders from England, but entirely to
the fear of another bad crop—a fear, however,
which the general tenor of advices from the pro-
ducing countries does not justify.
Lord Cowley has caused the report that ho was
about to leave Paris, in order not to meet the Grand
Duke Constantine, to be contradicted. The French
government journal which announced his approach-
ing departure, but without giving the above reason,
now says that be is not going to London at aIL
The Emperor and Empress are going to Com-
piegne on May 15, to stay a week there with the
King of Bavaria.

The second division of the Rumian fleet is ex-
pected at Cherbourg from the lath to the 20th of
May. It is thought that the first division, now in
the Mediterranean, will come there aim.
The Pays says that the Emperor has been gra-
ciously pleased to allow all the polytechnic pupils
forming the mood division, who were lately dis-
missed, to return to the school without a single ex-
ception.

The 6th of May is fixed for the trial of eleven
members of a secret society called the "Society of
Action," who, it appears, are accused of having con-
spired to do some atrocious act or other as yet un-
known to the public, on the 24th of February last.
The prisoners are MM. Fillet, Doctor of Laws, for-
merly a Commissary of Ledru Rollin ; Mallevalle, a
political transport of IJecember, 1661 ; Bailie, a
wineshop keeper ; Galonnier, a master shoemaker;
Vale, a servant of the Orleans Railway Company;
Collins, a clerk of the Entrepot des Vine; Marti-
neau, an architect ; Gautier, Renier, and Clement,
labourers; and another whose name I have not
learned.

I understand that an inquiry into a later affair,
called that of the frames juges, has resulted in the
release from prison of the following four persons :
MM. Rachart and Berault, professors, Morin (a re.
darker of the Revue de Paris), and Drivon, a
weaver of Lyons.
A collision between a passenger and a luggage
train has occurred on the Bordeaux and Cetto Rail-
way, and it is reported that sixteen persons have
sustained serious injuries.

THE NEUFCHATEL QUESTION.

BERNE, Arm, 28.
t, although it would

bare desired to see the proposed arrangement 'modi-
fied in three particulars, has nevertheless accepted
it. The President Fornerod has recommended the
Federal Council to accept the project, and the de-
cision of this body will be made known to-morrow.
Several Swiss journals evince some scruples, and
uk for guarantees for the execution of the con-
vention.