The Sun.
London, England, 1840-12-10 00:00:00

14' V

iNG EDITION.

THE NEW FRENCH LOAN.

The following is the project of law for extraordinary
credits which the Minister of Finance presented in the
French Chamber of Monday, and of which we only
gave au abstract yesterday :
" Art. 1. There are hereby granted upon the esti-
tn,ktea of 1840, beyond the credits granted by the law
of finance of Aug. 10, 1839, and by divers special laws,
tiPplementary credits to the amount of 20,128,5541.
-these supplementary credits are to be divided into dif-
ferent departments of the State, according to schedules
A and B.
" Art. 2. There are hereby granted upon the same
estimates extraordinary credits to the amount of
164,719,9281., to be apportioned according to schedule C.
" Art. 3. There is hereby granted on the estimates
of 1840, for the payment of old arrears, extraordinary
special credits to the amount of 59,05.5 f., to be appor-
tioned to different departments of the Ministry, accord.
tag to schedule D.
" Art. 4. The credits granted upon the estimates of
1840 for extraordinary works are augmented, conform-
ably to Art. 3 of the law of June 6, 1840--Ist. By a
sum of 545,2021. 61c. remaining unemployed of the
aresiits of the estimates of 1838 ; 2,1. By a sum of
11,466,0001. remaining unemployed of the credits of
the estimates of 1839.
" Art. 5. The credits granted for special services,
Carried to the budget of 1840, are increased by a sum
of 300,000 f.
" Art. 6. There are granted in augmentation of the
amounts to be paid, fixed by the estimates of 1836,
1837, and 1838, supplementary credits to the amount
54-0,6681. 87c., the amount of the new claims ac-
cording to schedule G.
Art. 7. A credit of 920,8141. 90c. is.opened to
the Minister of Finances, to enable him, in default of
this sum being paid by the Greek Government, to pay
the interest and sinking fund on the Greek loan, due
the Ist of March and the Ist of September, 1840. The
Mments to be made in virtue of this authority are to
oe regarded as advances to be recovered from the Greek
Government."
The financial expose has created a great sensation at
Paris, as the Egyptian question being now settled, it
1s evident to all capacities that the expenses incurred
nave answered no purpose whatever, and that the money
is absolutely flung out of the window. The public press
!8 naturally furious on this occasion, but the Ministerial
I°ofnals endeavour to throw the whole blame on M.
Thiers, and exonerate the present Cabinet from any
Participation in such profuse expenditure.

The Debats is most severe :
" We reply to the eloquence of words by the elo-
quence of figures. See what a pretty inheritance the
Ministers of the Ist of March have left to their suc-
cessors ! When the reins of power were put into the
bands of M. Thiers, there was security without, and
Prosperity and order reigned within. When M. Thiers
had fallen under the weight of his own errors and went
nut of office, he left France in a deplorable position. He
left it in a state of isolation, with the possibility, nay,
the probability, of universal war before it, without
allies, with distrust in the public mind, with discredit
in affairs, and with disorder in the streets. There is no
eloquence of the tribune which can stand against this
eloquence of figures and of facts. What will most
Itrike the public in this table of our financial situation
Ig that any Ministry should have engaged the credit of
the country to such an extent, and have imposed upon
It a thousand millions of expenditure, without the con-
currence of the Chambers. Advice on this head was
tot wanting, but the Cabinet always replied that the
time fur convoking the Chambers was not come."
La. Presse is also very bitter :
" France will now see what the faults of a Ministry
oust. M. Humann has presented to the Chamber the
et:Pose of the financial situation left by the Cabinet of
Thiers. The amount of additional burdens shown
.11 this expose, however, is only as regards the pub-
.'e at large. To estimate the losses sustained by
Individuals during the existence:of the Cabinet of March
I, and show the extent of injury inflicted upon trade and
inanufactures of every kind by the reports of war, and
!he- agitation which was kept up, would be totally
tolpossible. Six hundred and seventy-five millions, with-
out reckoning the ordinary expenditure, is the amount
*hid' the country has to pay for the few months of the
Mruiuistration of M. Thiers. The carte a payer is
tether a heavy one. What then would it have been if
~
Thiess had remained in office, and involved us in a
lifer in the spring? France might have got ready her
last five-franc piece. Fortunately, since the fall of M.
Thiers, things have improved. Mehemet Ali has given
19, and the Four Powers have no longer any pretext
for continuing their intervention. There is reason,
qlerefore to believe that the estimates of 1842 will be
relieved of a portion of the burden occasioned by the
armaments ; but even in this favourable hypothesis, the
Public treasury will show a deficit of 300,000,000 f. for
.1841, to which must be added the deficit on the esti-
rog of 1840, and which amounts to 244,547,414 f.
Those figures are more eloquent than words. We have
!either had the advantages of peace, nor the compensa-
tn of war. We will not, however, complain too much,
the result shows us, and for the last time, without
Juld, what the Left understand by its Government a
47" arche."
The Courrier Francais and Comilla/ion/al, under
*llO5O influence and advice the military preparations
*ere made, endeavour to give the case another feature ;
and they accuse the Minister of Finance with having;
thrown a darker colour than was necessary on the finan-
cial state of France.
...The French Minister of Finance was expected to
,IgPattee in the Chamber of Deputies, on Wednesday,
h Ways and Means (Vries et Moycns) to meet the
!,zit'aordluary expenses laid down in his expose of Mon-
a Y last.
,These Ways and Means consist of
1. A. loan for the sum of
2' The reserve of the Sinking Fund
fltthe Five per Cents., that reserve
I.,iv being in action as long as the
e per Cents. are above par 116,000,000
c.. The bonus expected to be re-
L'ed on the estimates of the current

500,000,000

28,000,000

Total
of Three per Cent. Stock.

644,000,000

NAPOLEON'S REMAINS.

(From the Havre Journal.)
The remains of Napoleon are to be removed at mid-
-4y en the Bth from the Belle Poole frigate to the Nor-
Ibundie steamer. It is to sail in the afternoon, under a
tiylute from all guns, and a round from the assembled
Lron
-Ps. It is to be accompanied by two other steamers,
100 sailors of the crew of the Belle Poule. and 300
't"Ps of the line. The Normandie is to reach Havre
Zu the morning of the 9th. The earliness of the hour
"48 much disconcerted the Havre people, who have got
ti,1,!1 brilliant fete and ceremony for the occasion ; but
"" at daylight of a winter's morning, will be more
4ad than imposing. The procession is to reach Rouen
°II the morning of the 10th. The Normandie transfers
its burden to the Zampa, a steamer which draws less
*Met% at Val de Ia Hare. It will roach Courbevie
utt the 14th.
Several of the Havre gentlemen freighted a steamer,
s4d
~, Went to Cherbourg to visit the Belle Poole. The
"riln of the Emperor and the catafalque were in a Act-
Peile ardente on board, the whole covered with the im-
Perial mantle, and this surmounted by a crown, said to
be of gold. At the corner were golden crowns of laurel,
surrounding " N's "in gold. The mahogany coffin was
broken at St. Helena, and the fragments are kept for
zelies by the crew.