New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-04-11

had run the c0uetry into state OF actual bank.
ruptcy before he ran away himself; and, second,
Revolution is always an expensive though some
times a necessary process But let Is come to the
Report; -
FRENCH REPUBLIC.
Liberty, Equality, Fraternity.
PARIS, March g.
Rrpoar made 10 .le Government the Financial situation
Of ~. Republic BY the Mintsfer Of Finance, Htrnber
Of the Propi50n0l GoJerRpasnt,
The country wishes 10 know the truth as 10 the real
state OF rs finances The Provisional Government Of the
Republic DESTROYS to state the Truth IL IS It's duty its
interest IT, right The Government will tell the entire
truth without hatred without fear bu. likewise without
reservation. enter on ne facts
Public Debt.
On the let of January Is4 the capital Of the public
debt the Government stock belonging to the sinking fuDd
being deducted Z67 SIS 402 francs On The lot OF
T.npsrv Is4s II Amounted 70 5l7s $50 francs Far
from ne ADVANTAGE Of long peace TO reduce the
amount Of the debt the sst Administration augmented
10 those proporons-sl2Ss5 SO francs IN seven
yeaTs'
The budgets followed the progression OF the debt
Those Of 1873 TO 1880 amount 70 l0494OO0 francs The
entire Of the credits placed at the disposal o. the fallen
Government TO 1871 amounts 10 LIZ S1s b5s' 6c
Not thssndng the successive iDcrese of ths receipts
the budgets presented each yesr considerable deficit
The expenses from 1870 to 1871 inclusive exceeded the
receipts by Oi5Z5 0OOf The deficit calculated for the
year lgig Is 4 900 OOO nancs without counting the add
M which viii si,s the total amount Of the bud get. to
charge Of the last Administration to 652,5l5OO0.
Public Works.
The public works heedl-ssy undertake eousy
all points Of the territory 20 satisfy or 10 encourage cleo
tors p;on and with which prudence
90 imperiousy commanded, have raised the credits
o8I 800 OoOi From this sum are TO deducted the
reimbursed by the mpAnes, amounting 20 leo 0O0f
last loan % 600 o1f maxim together 242O00O and
expendedou ofhe Of the stns debt
AID Oof still remain 70 be expended the com
pleton Of the works
Floating Debt.
The floating debt increased in proportions less
siderable At the OF 1881 Il reached al
amount Of about 25OOO OO0f the date Of the 26h OF
February last It exceeded 67OtOOOOOf which is 10 be-
added The Government stock b-oT siog 10 ths ssvinE
banks 201O000Of making altogether S7200Oo00 Under
sury could often be brao During the Z68 last day.
Of its existence the fallen Government expended
thsn 29i 300 000E beyond its ordinary resources
oO0Of per day 10 order to dersy these expenses the
Government Of the eSkng drew from three 'ources pro
From the an Of April 1917 TO the 26th Of Febu.ry 1915
he Treasury boDds ssued decreased from 8e ocOO0f u
520OO0Ol The indictments of The loan contracted on the
10th of November l847 paid into the Treasury, amount 10
- 900 000f II is not known whether the renal OF
the loan will be realized What Is certain s that the
Treasury bonds be paid A. 10 tbs saw" gsbank
everybody knows their dsplorbbs history or the $751;
0OOf the hands Of tbs late Govern
ind on 81 OOUf paid into the Treasury The Iemsn
Of IN the purchase Of Government stock
shsres Whence IL follows that he fallen Government
rndared IL i'm that could ref hur.e IN.
II called Such cit IL the real hnsncal situation
which the Monarchy tequeahed to the Republic The
Republic accepts 10 but II utsent that remsdy should
be spilled to the evil Bot In what msnnert What
be done the working Of the dforent branch
the public servioeto establish public edit on really
solid bsss-provide for the continuation Of the public
sorts undertaken, and smsorse the condition Of the
people! Wise energetic, aud prompt measures must be
4dop'ed me iollo~ios are 'hose ! nave aHesoy PIao
the Provisional Government.
sinking Fund.
Thb Sinking Fund ought 10 he maintained 1t 10 an
iii
this engagement must he fulfil ed. Butthe fallen Govern
had Of the OF the Sinking Fund ia
advance; When Government Stock fell oelo~ par we
public works In order TO continue the operations OF the
Sinking Fund, to allow the public works to proceed oy
giving hitherto Treasury Bonds TO the SINKING Fund
place Of cash The latter had the double .dvsn
of securing bread to those who had and Of iesv
ng more than SO o00t day 10 specie in tbs Treasury
Twas course impsriousy demsnded by cifcumstances
aud adopted it. have determined that the Sirsins
Fund sha continue to receive Treasury Bonds In place
Of specie.
The bonds issued amounted the 2ith Of February,
ls48 SO $50 o0f certain number OF thess bonds are
At short ate but In general they are regularly osTou
ted the different months Of the year. sis and s4s
The collection of taxes is esing acc Implished with me
greatest facility CITIZENS In their patriotism consider
duty carry 10 :he Treasury the amount OF their taxes
the ye.r the payment Of the Treasury bonds
Is assured merely propose 70 FIX the interest on ALL
without distinction, al 3 per cent.
Savings Banks.
Notwithstanding the most energetic presentation the
Government OF King rendered IL impOssloo tnht
II coud msnsn its semens with the creditors OF the
Savings Banks The pledge dem.ndAbe az pleasure was
longer free in their hands When assumed the diee
tion u the finance OF The state on the afternoon OF the h
u March the property Of the deposiiors was placed 81 fol-
lows Ia the Treasury st per cent % Iu5 oHi 4os
In per cent Government stock, 4.lO6 1907 25c. 10
Government per cent stook, 202Sl6, list In per
Government stock S4.O6ifi7f pc; In shares Of
the four canals l4t59 I20f ia shares Of the three
canals 28I $50 making aliogs 355 0877l SIC
Perhaps the new Ooyernmeot might have SAID 70
tho creditors Of the Savings Banks, such Is The
lid k,akf he InNN 81 Wh
placed your confdepee-take it, such mode OF resoy-
inc considerable dheulty was not unjust Ii was easy
We have rejected it, Government securities being nov
DEPRECATED the owners Of deposits in the rawlings banks
would have had TO suffer loss more less considerable,
and did wish to impose such loss on them Bot,
after rapid and minute examination OF the position Of
the depostor, discovered that the small tums be-
longed In general to NEEDY eiusens that the Hse de-
posit particularly In the Departments the property
of families less In easy creumstsncss, who ire
quently euded the limits Of the Law BY dividing their Dc
posits under several heads We have discovered that
though the former Ia Withdrawing their deposits, ooeJed
the dictates OF necessity the latter gave proof Of tner
cupabe iwil their mi arous misrust Of the Repab
lican Government Wishios TO recompen those who
show Heightened confidence, have already deter
Mined that The interest on the deposits in the
concilis,e the time the good feeling ~hieh the
distressed deposltors display toward the Government with
the imperOus necessity OF stustou which we have not
created propose tne Proyisional Government TO de-
tsrmsei That all deposits Of lOOt and less shall be re-
paid full In cash 2 That the deposit, Of l0lf TO loof
shall be repaid foiowsviz lOf In easb, onehsf OF
surplus Treasury bonds 81 four months date bear
per cent tne Otncf pei
ernmept par s That those accounts which tx
coed o00f shall be repaid foliows-viE; lOof in cash
half Of the surplus Treasury BOMBS 81 six months
dse bearing interest 81 per cent and the remaining
half in per cent stock st PSF
Reduction on the Number Of Employmenfs'
The srstuity of public functions srisocra ns
tuition The .dmssiby OF sill citizens u all employ
me n,s i'm plies the ides Of just remuneration Inc Ne
pubic wishes be well served and 10 viii fempnefsle
suitably those who will devote 70 Il their snc
their time Public functions shall henoeioun % rsA
career whsre the intelligent the zeaou, and inc nopest
III have yield the precedence TO those more hkny
pstronized Let there be logger any sinecrfe but
few public servants well psids1ch shall h-neeof~srd
b. the principle and the rule Of the Repubcso Govern
ment propose, therefore, to the PROVINCIAL govern
emit 10 decide principle that the number OF employees
sh. be reduced large proportion ana that their s.a
ris. hail be fixed 90 ne basis Sdeh, citizens 10 the
ensemble of the measures which appear 10 ne the most
and efcseious to prevent the cssh from oeih
withdrawn from the Treasury with dangerous IsPidy l
shall now submit 10 another serles Oi PFC ?oson
calculated 10 Draw cash into the Golfers Of the STATE ana
to awe greater life TO the circulation Of money
Diamonds OF the Crown.
These valusbles OF which Royalty hal merely the use
BE- onr 10 the State. The silver plate found 10 the Ia
,rss and ia the other Royal residences also beon 70 ~
/, hs. zht 10 dis0oe Of it, srd the charges which the
ll-n rAsly imposed the future prospects on me no
alive this politics. measure the character OF an eA
pi.ton propose 10 you to decree ihst the minister OF
riaanes be suhoriz.d-l To dispose oil the cfoNn o7N
80. Al IN. price Fixed them By sworn yslaers
, n,oeSi.tsly into col bearing the efsy OF the Ne
oh',c The silver plate and ipsos found a. me
"a IN an, other euces sPpToprsto 10 me An
10 tbs lsv Of 1873 regulating the civil st 10
80 ,bst ali objects Of excepted fion