The Sun.
London, England, 1870-02-03 00:00:00

FRANCE.

PARIS, Feb. 3.

MM. Rochefort, Paschal, Grousset, and Dereure
not having appealed against the recent sentence

passed upon them in connection with the Marseil-
hise affair, and the last day for doing so having
expired, the judgment of the Court became valid
yesterday.

BOURSE, Eeb. 2.—Three o'clock—The mark
closed as follows :

per Cent.
3 per Cent
End of month 73 571
Credit Mobilier 206 25
Transatlantic 202 50
Credit. Foncier 1735
Paris Gas 1670
Suez Canal 345 -
RAILIVAI

Bank Shares 2900
ItaPau gives 54 93
Austrian Fives
Ottoman Loau 321 25
Do. Debt 44 90
Spanish Threes
Home Debt
Deferred
Cash.
... il7Bi
625
1130
598
990
607-
54

Orleans
Western
Northern.
Strasburg ..
Lyons and Mediterranean
Southern_ ..
Sardinian
Austrian
Lombard
Forth of Spain
S tragossa
R oman..

%do
5021-
GO
61
••• 4k}

PARIS CORRESPONDENCE.
WEDNPsDA Y.
Yesterday the interpellation of M. Keller on the teol'
porary admission of cotton tissues was the order of the
day. M. Haentjens, who had the right to speak first, re'
signed it, remarking that M. Buffet's explanation of the
previous day had been perfectly satisfactory to him, and that
as the decree on cottons would not come into force before
the Ist of May, it was evident that the new law would be'
ready before that epoch. Under these circumstances the
interpellation, he thought, had no longer a raison d'dtre,
M. Tachard was of a different opinion. He had,
he said, been cautioned by his friends, who had said
to him, "Take care! This is a serious and delicate
discussion involving a Cabinet question." He could not
believe that to be the case. He could not suppose that a
Liberal Ministry, which had been received with acclarav
tion, would introduce the political element into a corn'
mercial question. Pd. Tachard proceeded to give a
history of the trade in printed cotton. This branch of in'
dustry had at one time almost disappeared from Frances
but in the nine years since the treaty with England it had
made gigantic strides. The decrees of January 9th created
a terrible commotion among the cotton print manufacturerd
of Mulhause and Rouen, who perceived that the question
at issue was a matter of life and death to their
trade. The cotton-weaving industry had suffered, no doubt,
but the real remedy was in the hands of the Minister of
Finance. Why cannot the Vosges compete successfulli
with Switzerland ? Because in the Vosges the imposts are
heavier, the water courses less carefully managed, while
the army carries off the young men of twenty-one'
At this thrust there were signs of approbation
on the Left. Let us (continued M. Tachard) reduce our
military force, let the War Minister hand over to his col-
league of Finance the Budget of the army, and the Vosgea
will then be able to compete with Switzerland, M. Keller,
who followed, declared that the debate was of a platonic
character, inasmuch as a new law on the subject vial
promised immediately, and there were four months left
to interested parties by the decrees. After replying to Foyle
of the statements of the previous speaker, M. Keller,
however, declared that he fully endorsed AL
Tachard's observations on the weight of the
Budget, and the burden of the military charges.
M. Keller mentioned that the higher price of French Ma'
nufactures interfered with their exports, and that in con'
sequence they needed a slight protection.

After M. Keller had entered very fully into
the difficulties of the several branches of the
cotton trade, M. Tachard remounted the Tribune•
He explained that he was a native of Mulhauser
and was, consequently, thoroughly familiar with the
industry which was especially attacked by the decree of
the 9th. N. Keller, in setting forth the grievances of the
manufacturers of Vosges and Alsace, had overlooked those
of the cotton-printing trade. He admitted that the decree
gave four months' delay. It was not death, but condemnation
to death. If they destroyed exportation they destroyed the
industry. Four months were no doubt a good space of
time, but uncertainty and apprehension interfered with
trade. "The exporters are already seeking for markets from
which to supply the colonial demand. They will go
to Switzerland, to England, and through this solitary
point of uncertainty, these skilled workmen, who gall
10.000 f., 20,000 f., or 30,000 f. a year, will emi-
grate, and you will have effected in a lesser
proportion a fresh revocation of the Edict of
of Nantes." There was loud applause at this convincing
argument, with which M. Tachard closed his speech.
Later on M. Louvet, Minister of Commerce and Agricul-
ture, addressed the Chamber, and declared that no differ-
ence whatever existed between the several members of
the Cabinet on this question.

The Steele says that the decree respecting the prefets
and sous-prefets has not been very well received. In the
lobbies of the Chamber the sacrifice has been declared in-
complete, and the journals which are friendly disposed
towards the Government do not put a very good
face on the matter. The 21foniteur Universel borrows the
title of one of Shakspere's plays to describe the affair.
and thinks it was much ado about nothing. The Constitu-
tionnel is silent on the subject. The Francais does not
deny that it looked for a more complete re-arrangement.
The Journal de Paris confesses that it has sought in vain
to discover the leading spirit who presided over an act of
such cross purposes. L'Opinion Nationale believes that
M. de Saint-Paul himself was consulted on
the subject. The Liberte waits for the opinion of the
press in the departments. The Democratic press have
been unanimous in their indifference to the measure.
The Liberte says that M. Guizot is going to write a,
memoir of his friend the late Due de Broglie.

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