The Sun.
London, England, 1848-06-03 00:00:00

SATURDAY

vernment relative to the establishment of councils of
prud'hommes, it bad been considered advisable to intro-
duce an additinattl article to meet the special cases which
existed at St. Etienne, Lyons, and some other places.
Referred to the Committee on the original Bill.
The President—The Committee appointed to consider
the demand made for leave to prosecute M. Louis Blanc,
has directed M. Jules Fabre to state to the Assembly
what it has decided on.—(Great attention.)
M. J. Fabre declared that in this most important ques-
tion the Committee bad come to its resolution by a ma-
jority of 15 votes to 3. The Committee had devoted the
whole of the day before to the most mature considera-
tion of all the documents that could enlighten it in form-
ing a correct judgment; it had heard the statements and
explanations of the law officers of the Republic, and had
called before it M. Louis Blanc himself, who, in addition
to vice: voce explanations, had presented a printed excul-
pation of his conduct; it could therefore declare that
the opinion which it was about to give to the
Chamber was most truly and conscientiously motived.
The Committee had been first of all struck with the cir-
cumstance that the National Assembly had not in its
regulations provided for such a case as the present, arid
that, in fact, the authorisation which had been demanded
was not contemplated in any of the enactments which
the Chamber had as yet adopted relative to its own con-
stitution. It appeared as if the Assembly had thought
such enactments superfluous, being, by its position,
above all courts, or institutions, or law ; representing as
it did the sovereignty of the people. Its inviolability,
therefore, though not written down, and proclaimed in
express terms, was very evidently implied by the very
nature of its existence. And us the whole Assembly,
collectively, WAS thus inviolable, so each Member
in his individual capacity shared in the privileges of
the whole body. Hence the demand for permission
to prosecute a Member appeared to the Committee
the only course that could have been adopted in
a case like the present to suit the dignity due to the
Chamber. When the committee had thus decided that
the course adopted was the only correct one, it turned it
attention to examine whether the officers who had made
the application could have been by possibility influenced
by any party purpose—any partial views—any other mo-
tive than a conscientious desire to forward the ends of
justice. The committee. after interrogating these gen-
tlemen—after having considered the evidence already
obtained, and after having carefully weighed the proofs
of long-tried patriotism and devotedness to their pro-
fession, which they had always exhibited, had
come to the conclusion that nothing but an
imperative sense of duty had influenced these
officers in making their demand. The committee
had, throughout this elel;cate inquiry, felt that
the representative -'-em the demand
was made was not aue,are. y member, but one
alike remarkable for his historical labours, and for
having shared the dangers and toil of the Provisional
Government. The Assembly on Wednesday had ap-
parently taken the same view of the case, since it had at
once decided that a special committee should be nomi-
nated to report on the demand. The Committee had
felt that such a mark of confidence called tor more than
ordinary attention on its side, and it was only after it
had made every possible inquiry that it had come to its
conclusion. It, in a case of such great importance, the
Assembly should evince any unwillingness to allow one
of its Members to answer the charge made against
him, and should found a refusal on the inviolability
of its representatives, the Committee thought that
such a course might be the cause of a certain
dieconsideration of that high body in the eyes
of the country. Looking at all these mo-
tives, the purity as well as the cogency of the
reasons alleg:d by the law officers of the Republic, the
necessity for the Hon. Member himself, who was incul-
pated, to set himself right before the country, and the
duty of the Assembly to be careful as to the character
of its representatives—the Committee considered that it
performed its duty to the Assembly, and to the country,
in recommending that the authorisation demanded by
the law officers of the Republic, to proceed by criminal
process against the Citizen Louis Blanc, should be ac-
corded.—(Great agitation.)
The President—What is now to be decided is whe-
ther the discussion is to take place at once, or on a lister
day.—(Cries of " To-morrow," " Monday,"" At once r)
M. Larabit from his place—Considering the granting
of the ease, I think the report which we have just heard
read should be printed and distributed, so that we may
be better able to form a correct opinion.—(Hear, hear.)
The Marquis de Mornay thought that the fairest man-
ner of proceeding would bo to allow M. Louis Blanc
himself to fix the day when the discussion should take
place.—(Loud cries of " No, no 1" and great agitation.)
After order had been somewhat restored,
M. Louis Blanc assended the tribune, and in an agi-
tated voice said—ln the presence of a system which
appears to me disastrous, and against which I can
only protest, I think it my duty to abstain from any
further remark.
The Assembly hero evinced great emotion and consi-
derable disorder, some crying out for one day, and others

for another.
The President then successively submitted to the vote
of the House Tuesday, Monday, the next day (Satur-
day), and the present moment, for the discussion.
The Assembly fixed the next day (Saturday) ; decid-
ing at the same time that the report should be printed
and distributed to each Member.
A long agitation followed this scene, and the sitting
was suspended for some minutes.
The Assembly afterwards discussed the proposition
of M. Pleignard for the heat manner of discussing the
Bill on the Constitution (it tends to have a subcom-
mittee formed to send in a preliminary report), and
adopted the articles.
M. Billault, President of the Committee on Finance,
read the report of that body on the financial position of
the country. He declared that, above all things, the
Committee wished to recommend the utmost fidelity to
all engagements previously entered into.—(Loud cries of
" Hear, hear!") Tf e immense quantity of work had
left an immense burden on the Country; but the
be found a correct calculation. The lion.
entered into an examination of ail the Com-
mitteedif-
felt confident that the surplus of eleven millions
announced by the Minister of Finance would, with pro-
pta
of revenue, and the probability of their
such returns as had been estimated.
The Committee decided that question in the affirms
as a primary stop, in order
amfeffe
reroemrnedcbt oensnrgo out r r ihrceyt'n,
'to have the Bons du Tresur
?air price. He concluded, by
•
ttcioov
nehT.
levrelt
et
cdot hni enfintdoer
Rrceoeumrt
eem,s eta(n)trda i
restored,
proposing
that the holders of Bons du Triisor should
have the faculty of converting them into Five per Cent.
Bente at 70E; the depositors of the savings banks also,
the Bons du Tr6:or which they had received into Five
per Cents., at 70f.; and the Minister of Finance should
be authorised to place the necessary amount of Bente on
the grand fibre.
M 1 Duclerc, Minister of Finance, could not agree in
all the aenclwions of the Hon. Member and the Com-
mittee. He could declare that the Government was
perfectly able to pay all the coming charges on it fur
the three per cent. dividends, the pensions. &c. The
ComMittee of Finance ned recommended the above mode
of disposing of the Government funds, he thought, too
lightly, and had, in fact, in his opinion, usurped a
power which did not belong to it.—(Cries of " Oh, oh.")
The lion. Minister here entered into details to prove
that the Government could not at present carry out
n full the measures recommendhat theed. Alluding
rnment
to the
railwaya
question, he declared t
was 'fully determined to take possession of them, and
that it considered that step as the point de depart of its
(Movement.) The discussion to be
The proposition of M. Pietri to abrogate the decree
relative to the banishment of the Bonaparte family
financialfix e d hereafter. P°iiY .
was brought forward, and after some discussion it
revolution of February, and
fact that the Bonaparte family were now in France,
proposed that, as the Bill had been already vir-
-7roposition should be withdrawn as unnecessary.
ais was under discussion when post hour arrived.
[Left sitting.]
ofiriX or FaitNcE.---The following was the situa.
of the Bank on Thursday evening, May 31 :
CREDITOR.

was
tual,
the
the

tion

Cash in coin and ingots
Ditto in branch banks
Bills past due •••
Bills falling due in Paris
Ditto in branch banks ..•
Advances on ingots and coin •••
Ditto on French public effects
Ditto at branch banks ..• • •••
Advances to the State on Buns du Tresor
of the Republic
Reserve ... --
Rentes, disposable funds ••• •••
Investments of the new branch banks in
the public funds ••• ***
Hotel and furniture of the bank
Immoveables in the bi anches ..• ..•
Interest in the Algiers Bank .:• •••
Interest of the branch banks in the na-
tional comptoires in the towns .••
Interest in National Discount Bank ...
Past-due bills ...
Ditto in the branches... ••
Expenses of administration of the bank
Ditto.of the branches..• •••
Mis6ellaneous

... f. 68,504,889 86
~, 59,352,822 00
... 18,506,525 13
... 131,648,501 37
... 150,001,061 14
... 8,930,700 00
... 28,966,482 90
2,917,050 00

50,000,000 00
•••
10,000,1)00 00
•••
11,660,197 89

12,744,498 00
4,000,000 00
2,315,105 00
1,000,000 00

DEBTOR.

... 67,900,000 00
... 23,350,000 00
... 10,000.000 00
... 2,980,650 14
... 4,000,000 00
... 277,411,200 00
... 85,661,800 00

230,000 00
200,000 00
28,930,627 27
•••
11,077,671 38
676,437 51
664,894 11
806,071 21

£603,327,534 77

Capi
Ditt

itel of the bank
_,.. of the branches •••
Reserve of the Bank •••
Ditto of the branches .•• •••
Immoveable reserve of the Bank
Bank notes in circulation •••
Ditto of branches ... •••
Notes to order ... ••• —•
Account current of the Treasury
Private accounts current •••
Ditto at branches .., •••
Receipts payable at sight ••• •
Ditto in branches ••• a
. able by
•••
3,205,058 58
the Bank •••
•• • g• •
Ditto by the Bank payable by the
1,106,952 69
branches
... ... •••
Discounts, diverse interests, and ex-
3,720,932 3'
penses counted beforehand ••• •••
Discounts and diverse interests in the
branches
... ... •••
Bills from the branch banks p y
Re-discounts of the last six months •••
Ditto in branches •••
Miscellaneous

... 434,000 00
... 19,121,113 72
75,612,890 81
... 19,334,403 80
1,811,500 00
342,795 00

men
of

3,196,360 00
728,692 37
703,475 00
344,682 '43

603,327,534 77

hierent perso,
BOURSE—PARIS, FRIDAY, JUNE 2.
I/MEE o'cLocx.—This was a day of great excite-
it at the Bourse, and the decline in the price
t
g r
ewhich.ss
Tcommenced
s(t)ans • Toufesdsehye,
Buy,