The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-04-17

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,.o..y ssSsr for the disposal Of the n
stat. forests hs. ef, much to b, desired Those
msgaifcent properties produce 20 The treasury Alto
sdsr the means Of sneorsng that part Of the service
But 10 the meantime IL certain that syeral portions OF
these forests might be sold With equal cr the
treasury Ant for the general wealth, which wou IL
crease BY more energetic and skilfal management.
propose 10 You in consequence to decide that tes
Minister of FiSanc. be authorized TO examine what pr
tons oil the forests be sold With advantage,
and declare such alteration, II he think II indn-
p.rrabe far 600 000f, conformahly TO the pro-
visions Of the decree which accompanies my report
,nor,.r pro,,a. for IN. de- sc, which was pressing
It on ell slider fallen government obtained from
authority to raise loan Of 0oof Of which
last and Of which the treasury has received o0Of
shall the remainder Of this loan be realised! shall the
tor NOT S ~
know not but In presence Of the depreciation In public
securities however trsnsitory may be- prudence con-
the real power Of the oontraotor the treasury be
ps, In condition to be independent Of the Interior
instsmens those nearest maturity The object OF
the which follow is provide this result
But the magnificent expansion Of patriotism, devoted
advent Of the republic has every where reused oounse
holder enterprise. great number OF citizens have
as voluntary gilt. Full of profound gratitude for so
patriotic and honorable an oer, the goysrnmsnt OF the
republic will not hSwsvsr accept IL we should Leave
noble use Of it. But 1t viii be permitted to rs to con.
meet those citz with the fortune Of the State
them According to ne terms Of the q the sh Of
August lsi the treasury still raise on the last loan
that this shall Immediately be contracted
der the title of National Loan All citizens who wish
republic viii be admitted. The National Loan will be
open during month In exchange for their offerings
ment stock at par even though this stock should rise
above par before the subscription list is filed
There will In this mode bea triple advantage. On
atey cased On the other hand should the loan Of the
10th OF November lsa7 be abandoned by the contrso-
tor; 1t will longer press upon the money marks and
H. later period new circumstances Should obge the
republic to its credit, should be completely
ground and our liberty Of action would
no serious obstacle.
Ina report which propose to supply, as soon ny
accuracy, shall make known TO the government in
figures the result OF all the measures which have just
proposed.
now remains for me to complete this exposition by
some general observations
reassurng. Thanks to the measures which have been,
or about to be the approaching situation
which ever succeeds great political connections, de-
msnds for money have aboundsd. The savings banks
particularly have received numerous demands for pay
ment. But already the panic is subsiding Everybody
comprehends that the fortune Of France Ii day what
are to result from the new Institutions which the nation
has given itself The zeal, moreover, Of the citizens
proves itself to be superior to all dnculues The pay
ments made into all the Offices for the receipt
give Us the assurance of providing without difficulty
hereafter not only fer the ordinary SERVICE but even
for unexpected necessities
AZ to the general situstion Of tho republic under
financial point of view imagine that 1t longer shows
any thing alarming The national debt deduction being
made ofths Rentes which belong the sinking fund
amounts to 000 II any inquiries what that
mass Of capital has produced the mind stops short dis
concerted before the enormous disproporton of the
means with the results But If the country itself re-
garded, the aspect OF what 1t do treasures The
English debt amounts to 20 miliards II rests on the
manufacturing and commercial subsection of the world
"A variable and fragile basis. Ours is only five MIL
lizards and has for it, basis ell the public private
property Of Frxnoe-an immovabls basis and every
day strongsfA few years of republican governmsn
OF prudent, arm, and loyal adnpistraton. and the
credit OF France will not have any equal But, in my
profound conviction these favorable provisions csnnot
be realized but By the firm growth and Strengthening
OF tbs republic Let all good citizens contribute that
result without wild enthusiasm without useless re-.
grsts The last prestige of the monarchy utility
Many sincere men believed the maintenance of that
form indispensable to the maintenance Of ordsr and
the regulation Of all legitimate interests The monarchy
once compromised, they believed all to be lost They
were mistaken The solemn experience which has just
been made ought to have convinced erriug though sim
oere minds What is certain what sffrm with all the
force Of An enlightened asd loyal conviction s that If
the Orleans dynasty had reisned some time longer
bankruptcy was inevitable Yes ctizsns, let us pro-
claim 1t with pride and delight ell the titles which
recommend the republic to the love of France and
the respect Of the world this must DO sddsd-the re-
public has saved France from bankruptcy
GARNER PAGES.