The Express.
London, England, 1861-03-20 00:00:00

EXPRESS FROM PARIS.

(nom Quit OWN CORILLSPONDEXT.)
PARIS, TUVIDAT EVERSO.

_ -
An immense result was gained yesterday by the
liberal party, which requires to be specially pointed
out, because it is so vaguely shadowed forth in the
verbose reports of the debate in the Corps Legis•
latif that au ordinary reader will be very apt to
overlook its importance. I mentioned, when al.
luding to the commencement of M. Magne's finan-
cial speech, that unless he went on to make some
very specious promise it would be difficult to pre.
vent the Corps Legislatif from marking by a dip.
tinct vote the strong opinion they entertain that
they ought to be allowed to vote the budget by
chapters and not by ministries. M. Magne, indeed,
made, just for form sake, a Parthian effort to defend
a system which is indefensible, and which he bad
'been in the main instructed to abandon. Re
had the hardihood to say that although it was the
province of the Corps Legislatif to fix the gross
amount of the taxation of the country, that body
had nothing to do with the application of the
money voted, and that any inquiry on their part
as to any particular bead of expenditure was an
encroachment upon the executive power. But this
argument was extinguished by au exclamation of
M. Jules Fevre, who said, " Why, then, not vote
the whole budget in a lump 1" And it is, indeed,
obvious that between voting any great round sum
which the government may choose to call the ex-
penses for the year, and voting the same
sum in the great divisions of ministries,
there is no practical difference. A refusal
in either cane would be a stoppage of the
supplies—revolution, civil war, or rebellion. It
was deliberately intended in 1852 to place the
Corps Legislatif in this dilemma, and to render
their control over the public expenditure a nullity.
But things are altered now. M. Magne, although
he made a show of justifying the old system, was
fain to say that between this and the next session
the government would take into serious
consideration the proposition made by M.
Devinck 's amendment. This was understood
by the house as a promise that hereafter
the budget will be voted by chapters instead
of by ministries. I know from a private source
that the question was discussed at a ministerial
council, and that the Emperor,after hearing Prince
Napoleon and M. de Persiguy, was of opinion
that it was necessary to make this concession. The
liberal party cannot be too warmly congratulated
upon such a great gain for the country. I hear
that some of M. Emilo 011ivier's friends think his
speech was too conciliatory to power, but when
results like this are obtained—when the Emperor
goes farther than anyone would have dared to hope
a few months ago in the way of constitutional
government—what good purpose can be served by
flying in his face, producing irritation, and giving
occasion to say that the leaders of the liberal
party are intractable f
The report that General de Goyon was to be au-
perseded at Rome by General Troche is, I believe,
incorrect. The latter general has gone to Lyons to
command a division, iu consequence of an increase
of the army of that city.
The Opinion Nationale remarks upon the Pope's
new speech that the great practical question is
whether Austria means to make use of rifles!
cannon to execute the divine vengeance which his
Holiness invokes on behalf of the church. The
Patrie reads the speech as precluding all hope
of a compromise between the Hely See and tho
new kingdom of Italy.
A new pamphlet of M. de la Guerronnihre's,
which was undoubtedly on the stocks, and from
which the Indelpendanee Belie gave entracte two
days ago, has been nipped in the bud. The Cot.
slitutionnel is enabled to announce that no such
pamphlet will be published. This is good news
for Italy. M. de la Guerronnibre was indeed
instructed to advocate the preservation of a men
shred of the temporal power, but the rapid march
of events renders it impossible for a Freud
government writer to say a word against the
unconditional unity of Italy.
At Naples the great initials, " I. N. R. 1.," are
now used to signify Joseph of Nice the Redeemer
of Italy—i.e. Garib►ldi
The Bourse was affected to-day by the American
news, and the Rente fell 20c. both for cash and
account, closing at 681 r. 15c. and 68fr. 20c. W-
hiner fell Bfr. 78c. The Western Railway fell
15fr., and the other lines were from 2fr. 50c. to
3fr. 76c. lower. The MirCts securities remain
stagnant.