New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-07-26

Du1y cill-s llnmONahl} q the Old eltlh utiNu
tons anc methods 10 which these new principles
10 not ft al all, and thus is in apeat apparent
bother to reconcile the old with the new The de
clafation Of the right 10 labor Is much the same %
them as i the people Of community should be
come convinced Of their right % travel twenty
miles hour and should insist upon 10 50 strongly
az to compel their Legislature and Government %
take il w and discuss It, and even partially believe
u. Accordingly u IS brought forward 10 be moor
porated in the Bill OF Rights and some VI. Theirs
as the oresn Of the whole party whoever heard
the mechanism OF railroads explained and have no
faith m the possibility Of that sort Of conveyance,
gets up and SAYS. yes the people have right
% 20 twenty miles al hour Buthow m the name
Of all that IS good and great can they Horses and
diiigences the best sort of convey ance yet In
vented and for my part believe that they arc the
very best that ever VIII be. With them eight
miles an hour IS as much speed as yOu can make.
whip as hard rs you please. Ny advice IS then,
that you admit the night OF the people 70 20 twenty
miles an hour or faster II they can, but only III so
tar as the circumstances of the State Will admit.
Such IS the National Assembly a sort OF non
descrpt, halfway, protesting 10 bold new princ-
pies and believing only la the old methods. II Is
thus neither one thing the other. and viii meet
the fate OF bodies that have neither impulse nos
strength enough % act with force and decision Dr.
any direction. In fact this fate has already come
upon IT, IL has fallen sadly IN the public cstima
tlDl ana tFhL NL IN one ildea bul Ash ulA -
is already rs little respected as TIE last Chamber
under Louis Philippe.
But 10 return TO the Government of NJ. Cavalg-
nae, which is a thing apart from the Assembly,
though the Ministry IS chosen mainly from among
the Representatives. 1t has the credit OF Just one
really excellent measure now under consideration
IN the Assembly. This is a bill providing for the
complete, gralutous education Of the children Of
Nance in all the elementary branches OF know-
edge. Ii provides among other things that the
parents and guardians OF children who are not
regularly sent to school shall he subject 20 certain
legal penalties that teachers OF both sexes shall
receive sufficient compensation TO give them
decent living and insure responsibility to their
profession, while at the same time they shall be
subjected to such examination as shall secure The
community against the appointment Of ncOmpe-
tent persons. The project meets with universal
appreciation aud will doubtless be adopted. lis
author, NJ Carnot, has however been virtually ex
PEELED from the Government through the manage
ment of the Theirs clique, whose sole business
is to weaken the Executive. drive Gen. Cavaignac
from his post and put in their friend and patron
The mode OF operations against NJ. Canot was to
bring up in the Assembly publication issued II
some sort under his sanction while member OF
the Provisional Government, and 70 procure vote
of censure while the Assembly was only partially
FULL and when one was prepared for the move.
The next day NJ. Csrnot resigned.
One test of VI. Cavaignac's Government IS It's
financial measures. for II these meet the necess
ties of the case, other things will be easier More
over, Just now right wrong step IN this depart
ment is Of immense Importance, Tor the finances
are vital pontin Il present condition OF France.
If they can be raised from theI present state OF
depression, the establishment Of permanent order
will not be impossible, Notwithstanding the many
clouds that threaten in the horizon. But, If moth
ing can be done to relieve the existing pressure,
and to prevent it from becoming more severe, the
storm is inevitable.
Ii is to be confessed that this is not light thing
to perform, and, as | have said before, only a man
Of genius could do it. NJ. Goudchaux brought for
ward his programme on Monday, alter premna-
~ speech from Gen Cavagnac delivered IN man
w and straightforward way, and without many
superfluous words. The Minister Of Finances
who followed, was listened to with almost breath
less attention. for even the dullest OF the "repre-
sentatives OF the people had an lndlstinct sense.
that what he was about 20 say was of the deepest
interest to the peace and prosperity OF france
The remedies proposed by the minister were
first to repay 10 the Savings Banks the
funds which the Government had had OF them
and whose payment had been put oil by
the preceding Administration; 10 fund certain
bills on the treasury issued before the 2lst + cd.
1913 TO postpone indefinitely the projects OF the
assumption by the State OF the railroads and the
business Of the insurance companies though an
the while maintaining the right OF the state 20
appropriate those associations whenever II might
Judge best TO lend five millions OF francs b. the
builders OF Paris by way OF setting that branch Of
industry into operation and alording employment
to the greatest possible number OF workmen no"
without work to borrow so millions OF the Bank
of France, pledging the public forests as security
and finally to levy on inheritances and legacies a
| progressive tax of which the following IS an ab-
stract statement all direct inheritances from pa
rents to children under 500 francs free from 900
70 10000 francs per cent and so on, progressive
| ~ increasing till sums of l,O0OOOJ r and upward
| pay per cent Legaces from husband to vile
| or rice rersd from SOC 10 10000 francs pay 3 per
cent, and gradually increase till lOO0OoO ana up
ward pays per cent. between brothers and SIS
tiers, unces and aunts, nephews and mcces, the
| lowest tax is per cent. and the highest - PEI
cent while betw cen other persons the lowest IS
| ] per cent and the highest 20 per cent. Inc
| iaw by the way is a large stride toward the alb
sorption Of all property on the decease OF It's pos
SCISSOR into the resources OF the State. IL has no'
vet been adopted but undoubtedly wall be.
The essence OF NJ. Goudchaux's measures the
means olraisng money for present use, consists Ia
| the proposed loan OF l5O.OO0O10l or s30,OOO,Oo0
from the Bank of France. IL was called up Tor
| final action In the Assembly ON Wednesday, and
though there was a great deal OF opposition 20
many its features. It was forced through. SeVe-
raj members attempted to speak but no sooner
did the Assembly understand that they had risen
|
suppress them by tumult. Finally VI. Ducierc,
late Minister Of Finance, made. m few words,
the final argument in behalf OF the bill. II con.
sisted simply in the declaration that to delay would
be equivalent to vote Of general bankruptcy.
Thereupon the discussion, such as II was, was
concluded. and in few moments the project was
the law of TIE land. And in this woIn-out expe-
dent OF q osn--a loan, too. which ties up the last
available resources OF the Treasury beyond Its
ordinary income-we have the sum OF the wisdom
of NJ. Goudchaux the best that he can do to save
France.
| say to save France, not because there Is reason
to fear that she will be eternaly ruined, but be-
cause, as | am convinced, there are very serious
dangers near at hand which no halfway measures
which. perhaps no financial measures whatever
can avert. NJ Duclerc was no doubt correct when
he proclaimed the immineucy OF bankruptcy.
The treasury is empty the demands upon It enor-
nous: the military establishment aone-aooye
half million of mems enough 70 ruin any coun-
try fthe loan Just authorized half is payable IL
instaments OF % millions in the months OF July
August and September and the other halt IN SINH
lar installmenis the first three months OF l-i9.
When this money is consumed what will supply
the means Of carrying on the public expenditures
Another loan! 4 loan then, with no special secu-
rity to offer, will not be so easy TO contract IL
short the bankruptcy then no longer be averted.