Star.
London, England, 1830-11-04 00:00:00

Du Porrr de l'Eure Minister of Justice.

&BASTIAN! .

Marine.

D'ARCIOUT .

Minister of Finance.

According to this account, it will be observed that M.
LA TITTE is not, as stated in the Times, to be President of '
the Council and Minister of Finance ; but that he is ap-
pointed to the Interior and Presidency—while M. d'An-
GOUT is stated to be the Minister of Finance. We think it
proper to mention the difference.; although, certainly,
the probability is, that Monsieur LATITTE is correctly
stated in the Times to be the Minister of Finance.

We observe, with some regret, that CASIMIR PERRIER
is not in the list ; as his moderation, patriotism, and good
sense, are indisputable ; but, u a change of men seemed
inevitable, we feel some satisfaction that the list, as given,
is so unobjectionable. We think the combination—com-
pared with the old one—has gained in practical knowledge
and vigour, by the introduction of Marshal MAISON, and
M. LAFITTE;--and the exclusion of M. ODILON BARROT,
marks, we hope, that the moderation and wise policy which
have hitherto preserved the new Government,from acts hostile
to the common feelings of mankind internally, or incon-
sistent with the interests of other nations externally, will
still predominate. ,
—.0.--.—Our readers will observe, that the declaration of Sir
Gaeta& MnaaaT, in the House of Commons, yesterday,
with reference to that passage of his &Warr v's Speech
which had by some been considered warlike, was quite eon-

firmatory of the view of the passage, which we had ourselves
ventured to express yesterday. It requires, unfortunately,
no uncommon sagacity, to perceive around the welkin,
quite sufficient electrical fluid, if it take certain di-
rections, and explode, under certain contingencies, to
force into war, every nation of Europe, capable of exciting
the energies of self-defence ; but we think not only the
declarations of his MAJESTY.. Ministers, but their past
conduct, should satisfy every reasonable man, that no ex-
ertion will be neglected, to preserve this country from those
hazardous embranglementa of continental politics, which
might lead to war ; and that no interference was ever alluded
to in his MAJZSTY'S speech, but such as originated in the
pacific temper of policy, which we have just expressed.

We are truly astonished at the disgraceful attacks on the
New Police, which form the subject principally of our Police
Reports of this day. They display, wo fear, a spirit of
excitement—or, u a Brownian would say, excitability
—in search of an object, and my strangely, but fortunately,
directed to one so absurd, as we hope, may prove a convenient
dispeller of the mischief, which, if more wisely directed,
might prove serious.

" A friend to the welfare of the British Army," has fa-
voured us with a copy of a circular from the Horse Guards,
which we consider, so very creditable to the sense of justice
and benevolent feeling of those from whom it emanated, and
we may say, so nationally creditable, that, although of
an old date, as we are assured by our correspondent it
has not already been before the public, we think it our
duty to give it a place in the STAR, and our 'readers
will find it in the first page.

PROM OUR OWN CORRESPONDENT.

DICEITID THIS DAT.

PARIS, Nov. S.
Sin—Contrary to the expectations of many, the elections
have terminated in a manner very satisfactory to those who
believe that France will ultimately pin strength from the
pursuit of moderato measures. The moderation and good
sense of the departments, have been powerfully evinced by
the Representatives they have sent to the Chamber, which
commences its important deliberations on Wednesday. Ne-
ver did a body of men assemble, on whose deliberations more
weighty issues were depending. On them it rests to say,
whether the liberties for which the people have fought and
bled, shall be handed down to their posterity, or that the
dreadful sacrifices have beon made in vain. On the
other hand they have to guard against the undue extension
of rational freedom, until it is drawn oat into licentiousness.
May the happy mean be preserved—let the Chamber assume
for its motto "In audio tutissimus ibis," and all will go
well.

That we must 41ave a change in the Ministry is inevitable ;
and from the period I write, scarcely 24 hours remain for its
formation, previously to meeting the Chambers at one to-mor-
row. The Council has been sitting two days at the Palais
Royale on this important subject, and continued their delibe-
rations tmtil.one this morning, when M. Gnizot, and the
Duke de Zroglie left in one carriage. No announcement
has yet been made, and we are still in a state of uncertainty.
That Laifitte will be a very influential member of the pro-
jected administration, is not doubted. The department of the
Finances is open to him, but it is said that be aspires to the
Presidency of the Council; in other words, to be the Pre-
mier. The rival Bankers and himself, and Casimir Perrier,
although all profess similar political principles, nei-
ther would wish to see the elevation of the other
to the height of power.
Our politicians here, who pretend to dive into the events of
the next two months, have invented the following mode, by
which the king and the people may escape with honour, from
the painful necessity of shedding the blood of the state crimi-
nals at Vincennes. They say—bring them to trial, they will be
found guilty, and capitally condemned of course : then let the
National Guard, as a body, petition for the royal clemency,
to commute their punishment to perpetual banishment. If
such a body of men petition, the very lowest, and most unre-
flecting of the populace, must perceive, that they could not
be refused. Thus all parties will be satisfied. This is mere
conjecture, but seems to be the most feasible to avert the
dilemma, in which the government and the people are placed.
Commercial affairs are slowly reviving, and every one for
whom the Government can find employment, on the different
unfinished public works, is in requisition ; but all are not
masons or carpenters, and many trades, which depended on
furnishing the luxuries of life, and the decorative part of
dress, suffer much by the newly assumed simplicity of the
present Court. From the material reductions making in
every department, beginning with the Civil List, ruing
through the curtailed salaries of Ministers, the reduced
amount of some, and the total abolition of many pensions,
very great alleviations in taxation may be confidently relied
on. The finances of France are in a very healthful state.
Twelve per cent. has been scrupulously employed for many
years past, as a sinking fund, to purchase and redeem her
national debt; and if her present exigencies should demand a
loan, not any country, with the exception of the United
States, would obtain it upon more beneficial terms. Her
last financial operation contracted for, by the house of Messrs.
Rothschild' and Co. was on terms so favourable to the wan-
try, that it excitedastonishment on every Exchange in Europe,
where the scrip was offered for sale. Such a bar-
gain, however, must not be expected again ; for though, in
my opinion, the goodness of the escurity—so far from having
deteriorated—has become better, yet a loan above par, could
never be taken by any, but a house who held • banking es,
tablishnient. Their commission as bankers and agents
would secure them from loss, while those on their lists have
not that advantage ; and I suspect burnt their fingers by the
transaction above alluded to. Commercial pressure would
be felt here more severely than it is, were it not for the pe-
culiar mode in which business is carried on in France. An
individual bare, scarcely ever undertakes an affair of magni-
tude on his own responsibility. Speculations are divided
into shares, with a host of secretaries, clerks, treasurers,
and auditors, and the commercial code fiords great facilities
for the employment of a portion of disposable capital, with-
out involving the risk of the whole. As I believe this sys-
tem is but little known in England, I shall explain its
operation, feeling convinced that did our bankrupt laws
allow a similar investment, many millions of dormant
capital, now paying a miserable interest, would find
its way into employment, and diffuse vigour and enterprise,
even yet more widely than at present. Any number of part-
ners uniting to prosecute a business, are required to publish
a notorial act, which states the names of the parties, the
, title of the firm, the domicile, the acting partner ; and
lastly, the capital that each party embarks. This of-
ficially published, in case of a bankruptcy taking place, no
partner can be called upon to make good any deficiency, be-
yond the sum for which he originally engaged. If he has
. advanced the whole of that sum, no farther claim can take
place, whatever may be the extent of his remaining property.
' When a celebrate Swiss banker failed some years since, and
drowned himself, as most of those who are oesaseelefal hers

in business do, the present ambassador at the Court of
London, MacDonald, the Duke of Tarentum, and many
others of the first distinction, were Comouteditairs, as it is
called, to the amount of 100,000 francs each • but having
paid their balances on that sum, they were totally exone-
rated from the many claimants, to whom the estate paid but
a few shillings in the pound. An unsuccessful speculation
in building a new quarter of Paris, called the Quarter St.
George, and intended especially for the residence of the
English, was the cause of this melancholy catastrophe.
Parvairsy, the banker in question, was universally esteemed ;
but would not survive his fancied disgrace.
I feel assured that, in England, there are many capi-
talists who would be happy to increase their income,
by risking a part of their funds, were they not de-
terred by the idea, that they might involve the whole, and
reduce themselves and families to beggary. In Yorkshire,
many estates, descended from a long line of ancestors, have
been sold to pay the creditors of the country banks, who
were compelled to stop payment. Their proprietors, had
they been partners in cosisaanditair might have avoided this
painful step. I really think the idea is worth while being
taken up by your Legislature, to disperse capital more gene-
rally through the country. Concerns are carried on here
by companies, which to an Englishman would seem ridicu-
lous. One company of undertakers conduct every funeral
ceremony, according to different scales of grandeur. The
surviving relations have no trouble,but to give the notification,
the legal forms ; and every article of funeral pomp is at a fixed
price. In return for this privilege, the company is obliged to
bury the poor gratis. Their shares are at a great premium.
A bill-sticking company have undertaken to qfficht all Paris.
They have a large capital, and have lately built massive
stone columns, about 10 feet high, in all parts of the
city to placard their bills upon. Their expense must have
been enormous, considering the object to be attained ;
especially as many of them exhibit a gas lamp in a hand-
some globe upon the summit, in order that nightly pub-
licity may equal that of the day. The number of pas-
sages, similar to Burlington Arcade, strikes a stranger
with surprise. They have been erected by different
companies, divided into many sections, or shares.
There are several bazaars, two of cast iron, ex-
tremely elegant, and secure from the ravages of fire,
which owe their origin to similar combinations among the
citizens. They are not supposed to be very profitable. The
many theatres are equally divided among shareholders ; but
although this speculation is profitable to the owners, the
managers are mostly bankrupts. This mode of entering into
speculation, causes Paris to be full of small capitalists,
whose fortunes are dependent upon the success of the enter-
prise undertaken, but each holding a few sections of dif-
Iferent kinds, the prosperity of some balances the loss upon
'the others. J. L.

A Special Commissary of Police is about to be sent to
Calais, who will be charged to affix his signature to the
passports of travellers going to England.—Quotidienne.

The whole day has been passed in the difficult work of
giving birth to a Ministry, and the birth is not yet accom-
plished. Some members of the extreme gauche have alone
remained to produce the desired affair. It appears positive
that in the Council of to-day, M. Casimir Perrier and M.
Mole have anew, with all the authority of their parliamentary
position, and their high political intelligence, exposed the
political existence, as they, the nsouverisents, have always
understood it. No conciliation has been acceded to this
reasonable view of matters. From this mouvement, M.
Casimir Perrier and M. Molt are excluded. At this
moment, M. Casimir Perrier, M. Mole, M. Louis, M.
de Broglie, M. Guixot and M. Dupin, appear to have
resigned. The extreme gauche, notwithstanding these
exclusions, does not consider itself as such, and endea-
vours, it is said, to combine, so as to persuade that it is
not so itself. It alone prevails. It does not wish to con-
ciliate :at the same time it wishes to reassure. In order to
produce this effect, after having failed in coming to an un-
derstanding with M. Perrier, it has not lost sight of M. Hu-
mana. and M. Agout. It is parleying with them at this mo-
ment. If it fails, it is possible, that it will endeavour to
form a cabinet more towards the centres. Whatever may be
the name at which the extreme gauche will stop, in order to
constitute a cabinet, it is believed, that in the course of to-
morrow, the ministry will be formed, and that it will appear
on Wednesday, in the 111(miteur.-11teuager des Chambres,
Nov. Ist, dated 2d.

LIES 07 ran DAY.—The articles with which we used
to be amused in the French Papers, under the title of " Lies
of the Day," have lately ceased, as if the crop of lies had
failed in France. We think the following, from the res-
pectable Paper, Le Globe, may be taken as a proof to the
contrary :—" We have received, from a source on which we
can place entire confidence, the following news :—The
Duke of Wellington has asked the cabinet of Madrid, if,
on his furnishing arms, equipments, and the necessary
money, whether it would set on foot an army of eighty
thousand men, which should be assembled by the approach-
ing spring on the Pyrennees, under tho command of M.
de Bourmont ; and an army of reserve, of fifty thousand
men, by the following autumn. Ferdinand, after
having taken the advice of the Connell of State, has re-
plied that, with the assistance offered, he will undertake
to assemble an army of 80,000 men in less than two
months." It is three days since it has been known to
us, that a Treaty has been concluded between England
and Portugal—a Treaty, the existence of which has not
been denied by any one, and in virtue of which the Eng-
lish troops were immediately to enter Portugal to protect
Don Miguel. After two facts of such importance, is it
not to be believed that the Duke of Wellington, assisted
by the Deserter of Waterloo, has chosen anew the Pe-
ninsula for his field of battle against France ? and that
those who do not allow themselves to be dazzled by the
vain ceremonies of recognizances, and the introduction of
Ambassadors, will see in this, the announcement of a new
coalition !--Le Globe, Nov. 2.

limminimmilmrir ONE O'CLOCZ.
The panic in the funds has recommenced this morning.
Console, which left off yesterday at 82i for the account,
opened at 821. One hundred and fifty thousand were sold,
which caused the market to recede to 811. Exchequer bills,
which left of yesterday at 30, have also gone down to 18.
Every thing has a very gloomy appearance in the city, but
the real cause of the decline in the funds is not as yet
ascertained ; it is supposed to be the change in the French
ministry, as well as our internal situation.
In the foreign market, Spanish bonds are heavy, at 171
to 18. In other Securities little doing.

cirr. HALF-PIST ONE.
In th• Foreign Market, Spanish Bonds are 17i.
CITY, TWO CrCLOCZ
The panic in the Funds still continues, and Consols which
wens at the opening 821, may be quoted at present 80 to 81.
Consols have fallen already on this account about 6 per cent.
and we are still ignorant of the real cause of this alarming
decline.

It is said that there are very disagreeable reports at the
west end, which we will not mention at present until we
have further information on the subject. Other accounts
stab that the Duke of Weton has tendered his resigna-
tion, which we are not to credit at present.