The Express.
London, England, 1868-08-04 00:00:00

OUR PARIS LETTER.

(nom on on' col

PARIS., MONDAY Brwrixo.

During the last three years the Patrie has pub-
lished letters dated from Brussels, and professing
to be written by a Belgian, who signs Van Ryck.
These letters, which from the beginning expressed
discontent with the Belgian government, have
latterly preached, without reserve, annexation to
France ; and the grievances of Belgian subjects, of
which he, the Belgian Can Ryck, stood forward as
the redresser and one of the victims, were alleged
as reasons why the oppressed Belgians de-
sired to enjoy the privileges of French
subjects. It has just been discovered in
Brussels that M. Van Ryck is a Frenchman named
Leon Estivan, and the Patrie, not being able to
deny the fact, has the hardihood to say it doesn't
matter, and that their agent was just as good a
representative of Belgian opinion as if he had been
a native. He might, no doubt, as the Patrie says,
have acquired by long residence—although three
years is net long—sufficient knowledge to form a
judgment of political opinion in the country. Bat
nobody can attach any value to the opinions he
professed under false colours. It is one thing to be a
a correspondent in a foreign country and to write
home opinions which are known to be those of a
foreigner; but quite another to wear a mask and
pretend to be a native of the place from which the
letters are written. The French journals very fre-
quently countenance the latter course, and publish
letters from London signed with the John Bull
names of John Wilks or Robert Styles, which are
notoriously written by Frenchmen.
Viscount de Kerveguen, the deputy whose name
was lately very much before the public in con-
nection with a libel on the Debate and other Paris
papers, has just died at Madrid from sunstroke.
Madame de Kerveguen, who had been telegraphed
for, left for Madrid this morning.
The Gauteis says that General Prim, accom-
panied by a secretary and an aide-de-camp, is at
this moment in Paris on his way somewhere else.
But of this Spanish general's movements, as of
Mazzini's, I must read twenty confirmations be-
fore I would believe them. The first paper I take
up—the Liberte—says it is untrue that Prim is in
France or coming to Vichy, and that when he
leaves London it will be for Brighton.

It is now said that the sale of the Chateau de
Beauregard to the King of Hanover has gone off,
and that the place is still in the market.
M. Magne, who has lost not a moment in
bringing out his loan. seem to have made a smart
coup. The price of emission, 69fr. 25c., was
higher than was expected, and there was a good
deal of hesitation at the opening of the Bourse,
the first quotation of Rents being only sc.
higher than Saturday, and a fall of 21c. taking
place a few minutes later. But the phenomenon
which M. Magne calculated upon was produced.
The price of 69fr. 23e., though differing to the
eye so inconsiderably from 70fr., which was the
average quotation of last week, is equivalent—
the 18 months' delay in the instalment and all
other things considered—to 67fr. or thereabouts.
This great advantage will, barring political events
which are not likely to happen within the eight
days that the loan subscription will be open, entice
the small fry to come forward with their francs as
they have always done on former occasions. At
the same time, as M. Magne reserves the power of
reducing all subscriptions under the almost in-
finitely small one of five franca Bente, and will
not allow subscribers for more than 100 fr. Rents to
pay up their subscriptions in advance, capitalists
who had sold out, hoping to benefit by the
difference, find that they can calculate
upon scarcely having anything, and are therefore
now buying in again. It is boasted that this is a
"poor man's loan." Such in part is an explana-
tion of the mystery which, contrary to prosy laws
of political' economy, makes the French Renter
always rise when they are diluted and show
borrowing money to be a sign of prosperity. The
last loan was covered fifteen times over. This one,
some say, will be covered twenty times, and then
" Viva l'Empereur " for August 13. The last quo-
tations of the Rents to-day were 70fr. 63c. both
for cash and account, being a rise of 35c. and 30c. '
Italian fell sc. Other securities were by no means
buoyant. Mobilier fell 3fr. 75c. The recent
judgment leaves the prospects of the Mobilier
more uncertain than ever ; one estimate of the lia-
bilities of the directors as laid down by the Court
of Appeal would leave the shares worth 400 fr. ;
another 60fr. The to-day's quotation is 262 fr.
50c.

The Count d'Argy, colonel of the Antibes
Legion, has returned to Rome, suffering severely from the
bite of a Wailful' spider.
M. Rattazzi has arrived in Florence from Ger-
many, and immediately had a prolonged interview with
Owaeral La Marmon,.