The Sun.
London, England, 1861-02-23 00:00:00

ME AFFAIRS OF M. MIRES.

The Paris correspondent of the Morning Post
says :
Public attention in Paris is centred on the finan-
cal complications originating in the failure of M.
Mires, and the consequences arising therefrom. The
Bourse yesterday was enlivened with all descriptions
of reports about the failures of large houses at
Marseilles connected with Eastern trade. We are
also favoured with the names of certain establish-
ments in Paris as likely to go. A panic reigns in
our money market. The Threes have fallen to
67f. 90c. Every one wants to sell ; but where are
the buyers ? "La stagnation continue" were the
last words I heard yesterday on leaving the money
market. Mobiliers and all societies of associated
capital have fallen considerably, and will, I sus-
pect, go down lower. I think the alarm is exag-
gerated, but we have not seen the end of it.
Ona of the lithographic sheets sent from Paris
to the provinces has the following details :—" A
commissary of police arrived at the residence of
M. Mires on Sunday evening, when that gentle-
man was at dinner with the Prince de Polignac
and the princess, his daughter, and presented a
warrant for his arrest. The prince wanted to
discuss the terms of the warrant, but the commis-
sary replied that he could not enter into any dis-
cussion, but must fulfil, his duty, and he led off M.
Mires to Mazas. Efforts are being made to obtain
that gentleman's release on hail." The same
sheet adds :—" M. Mires is, of Jewish ori-
gin. He was born at Bordeaux in 1805, and
was a simple broker (courtier d'atraires)
there when-the revolution of 1848 broke out. He
afterwards became in succession gerant of the Gas
Company of Arles; founder (with M. Millaud) of
the Caisse des Chemins de Fer ; contractor for the
loan of the Department of the Seine; commanditaire
of the coal-pits of Portes and Senechas, and of the
Company des Ports de Marseilles ; director of the
Roman railways ; and recently contractor for the
Ottoman loan. Two journals of Paris, the Consti-
tutionnel and the Pays, belong to him."

(From the Daily News.)
The Princess de Polignac, Mires' daughter, who
is far advanced in pregnancy, was with her father
at the moment of his arrest, and it was feared that
the shock had dope her serious injury. She, how-
ever, bore up wonderfully, and within the last two
days has paid many visits on her father's behalf.
She obtained an interview with him at Mazas, but
only in the presence of witnesses, M. Mires being
au secret.
Some idea may be formed of the effect likely to
be produced in Constantinople when news of M.
Mires' arrest comes to be known there, from the
following extract of a letter, dated Feb. 13, re-
ceived by the mail just arrived :—" The news that
the Bank of France has refused to discount Con-
stantinople drafts on the house of Mires has pro-
duced a tremendous sensation. These drafts, mind,
are made payable to the order of the Minister of
the Interior, and are endorsed by him. As soon as
this resolution of the bank was known at Galata,
several leading bankers went to Ali Pacha to
entreat him to find some means to mitigate the
existing embarrassment. Ali Pacha replied
that he was aware of what had passed at
Paris—that he would telegraph to the am-
bassador there to do what he could to
remove the difficulty. At the same time Ali
Pacha solicited the favourable intervention of M.
de la Vallette, the French ambassador. " What can
we do ?" said Ali Pacha, in dismissing the bankers.
" We will give you our blood, if you wish it ; but
as to money we have none." Anxiety is at its
height. We await with breathless impatience the
despatches from Paris, which will decide the fate of
Galata. Everybody has more or less paper drawn
upon Mires. Only a few days since this paper was
more inquired for than any other—it was the only
paper in fact which inspired confidence. If the
Bank of France persists in its refusal to discount
it three-fourths of the houses in Galata will be com-
pelled to stop payment. By the boat of the M es-
sageries Imperiales, which leaves for Marseilles
this evening, several Galata houses have sent specie
to take up drafts coming due. This place is drained
of bullion, and this accounts for the extraordinary
movement in the exchanges. The English pound
is now worth 150 piastres.

---
ANOTHER CRINOLINE ACCIDENT.—Yesterday
morning as a lady was endeavouring to enter an omnibus
in the Euston-road which had stopped at her request, the
folds of her vuluminous dress were caught by the wheel of a
passing cab, and she was carried a considerable distance by
the vehicle before she could be extricated from her perilous
situation. On being conveyed to a surgeon's it was ascer-
tained that the unfortunate woman had sustained a frac-
tured leg in addition to several severe contusions, and she
was conveyed to her home, in Oakley-street, in a most
pitiable condition.