The Express.
London, England, 1850-02-08 00:00:00

ITALY.

NAPLES, Jmt. 29.
The state trials still continue in suspense, and when
or whether they will at all take place will be deter-
mined by the course of events out of the kingdom.
The position is certainly a happy one for the govern-
ment, it having in its power to push matters to any
extreme, should the future render it safe to do so, or
else to quash the proceedings, and make a merit of
necessity in the event of constitutional principles
gaining ground.
Oar carnival this year is by no means brilliant :
there are no street festivities; and, u on a late occa-
sion at San Carlo, where formerly on such seasons
there reigned nothing bat joy and mirth, only some
half dozen masks appeared, and the theatre was
nearly deserted. The tailing thus of all attempt to
awaken gaiety amongst the people was complete, and
the doors were shortly closed.
5 per Cents., 93.
ROMAN STATES.—The following is from our
correspondent:

ROME, lan. 29.
General Baragnay d'Hilliers has been lately adopt-
ing rather more vigorous measures than we had been
accustomed to witness towards the ecclesiastical
authorities ; and, although his recent acts have pro-
duced an immense degree of irritation and indigna-
tion amongst the neri, they cannot but be considered
to have had a beneficial tendency towards the final
settlement of the question at issue. What love was
unable to effect, fear will probably bring about. The
account of the French general's windiness has made a
considerable sensation at Porrici, and the ever-fluo-
tasting resolution of the Pope seems to be now really
fixed upon a speedy return to Rome, in order that hie
presence may put a stop to further mischief. He is fully
pomaded that he will be able to remedy all things,and
the oamarilla iteelfeither yields to the menacing attitude
of General Barapay d'Hilliers, or finds it impossible
any longer to bridle the impatience of his holiness.
Such is the account which I derive from the letter of
a prelate about to leave Portici for this city, to serve,
as he expresses himself, as avant courier to Pro Nona.
I learn by letter from Frosinone that great prepara-
tions are being made in that town for the passage of
the papal cortege—triumphal arches, inscription', and

decorations being the order of the day with the mu-
nicipality.
The loan, which wee hitherto considered a ens. god
woos of the Pope's return, cannot be effected; but
another step has been token to raise money by the
sale of the beta dementia, consisting of property and
estates is the legation ceded to the papal government
by the treaty of 1816, of which part was mold soon
after that period, and the remainder is now to be
put up to mustiest, and mold to the highest
bidder. A few millions of dollars may pos-
sibly be realised in this manner, and if
public confidence were not so mach shaken, a
portion of the church property might be mortgaged,
and its value put into circulation in the shape of
paper, bearing a low rate of interest, seas to avoid
the necessity of recurring to foreign capitalists under
such disadvantageous conditions ; but those who are
aware of the bitter degree of rancour long existing,
and of late much increased, between the Preach and
papal authorities, cannot but hesitate in believing
that all difficulties are to be smoothed down so sud-
denly, and attribute the desperate resource of selling
to the fear entertained by the cardinals of a serious
rupture, and to the consequent necessity of their
having cash in hand to defray the expenses of a se-
cond flight and exile. Whether this be an exagge-
rated view of the case or not I will not pretend
decide, bat I can inform you as a certain fact, that
their eminences are prepared to leave Rome at a
moment's warning, should a popular outbreak here or
• revolution in France endanger their personal wady.