The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-26
TWO CENTS.

adyers aries The men of the old dypasties had
ed the preamble of the constitution and prepared %
substitute therefor in presence Of Gd and in IN,
name OF the French people, tho National Assembi y
decree Sc &c In the midst of his address, he said
on oea'omniG cetie r:votion again In defsnd ns
himself against the charge Of fsvoring socialism he
said :" our odore Ia prop,iete prolonged agitation
1e .e fePcei adore Ia proprtef6, mobile,
du hauai CONNIE accessi6fiife la soeis, wc;, eomu.
principe dfpfn, CONNIE unc ioi de Dieu comm. f,ps
somMtsg De "a nature hamaine" love to quote
some OF those passages the origin they fell from
tnc lips OF this inspired orator because they lose
their beauty and force In any Translation which
OF TINS mans speech upon the Assembly, were
hon IN yaln. p TO that moment there had
reported by the Commission would he str;ctsn o"t
but the vote shows 225 to 495 for the anne and
all others offered shared the same fate; though ap-
pears to me- that M. Boussi proposed one which am.
braced the same ideas and in form much more neat
precise and clear and there grea. agitation when
che President pronounced it lost. quote it =
"ln presence Of God and In the name of the Frsnois
people, the National Assembly proclaim and de-
First-Frsnce is constituted into repubIioJ
3econd.Ths French republic is democratic, ons
'.Third-lt has for IT'S dogma, Liberty, Equality.
ana Frsternty for us base, the sovereignty OF the
people for its object, the well being morality, and
union CT the citizens the protection of persons
cation, justice, order, and the force Of law"
have read none 80 neat and consise as this and,
under favorable circumstances my impression is that
1t would have displaced the existing preamble Some
OF the press Of Yesterday annonnce, new and
the Presidency. ] think, that II they had read my
letters, they would have discov cred that fact mora
been directed to that end. and at this time he
would have most formidable perty, but for Gene
Of n. cub s Potisn nish
the administration The Presse of to-day nou nces
that Mr. Q Barrot a. chief of aboat twenty-five fol-
lowers Of the ancient left Is to take the first oc-
casion to announce to the assembly, and to France
nj: formal adhesion to the republic. One would
think 1t was time. Whether this position Is to give
support to tie administration, to put himself In
position to throw of the suspicion resting upon
him. aud thereby to SIGHT the the mora
effectively, time only determine. Cen Lamori.
ciere Is said to have brought this about The new
committee Of enquiry upon the acts and connexions
OF the moDarchists with the instructions Of June
are said to be in condition to their report next
week; that they have met with difficulty in anding
evidence to chow very active cooperation Of the
monarchfts in the rebellion. have remarked before
undertake to deny fact notorious to every man In
Paris at the tEie it robs the report of most of the
force which would otherwise attach to it, because
tice Of the examinations. The Presse Of yesterday
announced that General Lamorociere had been
appointed Commander in Chief of the Italian army;
but do not see it confirmed to-day, and coubt the
truth oft Measures not ripe for that yet ever
IT takes place. Between Generals Cavaigusc and La
morociere there is great intimacy Of course ; and
bly, the latter might be the for
mer than General Bugeaud, who Is decided monarch
ls and less popular in France than the capor Of Alb
del but the hour has not yet arrived for order
ing an army across the mountains but it looks asif
land is exerting all it's influence to prevent Austria
from accepting the mediation, and what co that
tain.
Louis Napoleon Bonaparts has just written letter
to Paris announcing that he will accept the efics Of
was withnnt his
win be elected in some Of the departments but per-
hsps he will not in Paris His mortal enemies, the
old Executive being overthrown he feels induced to
come to Paris. hope Gen. Cavaignac will treat him
well 1t isexpected that the constitution will be adopt
ed in the month Of October-that then the Assembly
will take short recess aud return and sit out the
winter, to enact the laws. OBSERVER
PARIS, Sept 7, 1siy.
The Bourse and Money Market.
The operations of the settlement for August affect
ed, as have been the quotations during the month by
the eventualities of pacific mediation, armed
Intervention in Italy have occssoned much activity
and animation at the Bourse during the past week.
As informed you in my last despatch, the rise
tnued until Tuesday but from that day until the end
ofthe month fall declared itself and continued un-
tilSaturday at the settlement whsna decided advance
manifested itsel The slow progress Of the mediation
in Italy, the hesitation OF Austria the nsig
of the results yet obtained the fear that the French
government would find itself compelled to interfere by
arms In the peninsula war; the principal but
the only reasons for the fall which amounted to three
francs in the ives and two francs on the threes It
counts stock to the taken by the brokers
to postpone the settlement of the differences of Mon
day week TO the final settlement for the month and
also that itself which coming on the heels
Of along continuation of RISE would Of necessity lead
and the differences in price, which have for some
time existed between the cash price and the
price for the settling 1t is evident that there
two opposing foices at the Bourse-those Of
capital and EQUATION The capitalists sure Of being
able to wait the Of events do not hesitate to
buy because, at present prices stock yields nearly
70
take advantage Of the circumstances Of the moment,
make bold push for full endeavor to profit by
the chances Of the Italian question reservng them
selves, the first favorable the re- purchase Of
stock sod with all the promptitude that marks opera
less very Unforeseen circumstances should occur.
the capitalists will compel the spectators to succumb
will from this unequal and certainly, temporary
struggle The price of the loan approaches that of the
old nves; but without actually reaching it. AT this
time the discounts stock and the state of credit in
the market prevent cuators bringing to their
real relative value the old fvesa and the loan. Rail-
ways have been pretty firm during the week but tho
holders are somewhat alarmed, and the public not
much disposed to invest in this description Of security
from conviction that sooner later the government
will take them all into their own hands
The last weekly balance sheet of the Bank
hibits much Improvement. There Is an increase
decrease of the amount of protested bills. 1t
il stated that the direction has to the determine
on hs Of ths Receivable Il bank In CASH
In other respects there is little worthy Of observation
There revival Of trade OF any moment as yet, the
only Gales OF any extent that have been made having
been some silks from Lyons aud st. Etenns under .
grant Of bounties by the government, to encourage
that branch Of trade. Money still extremely
and although confidence may be said to DO In some
sort restored yet the conviction that all Is yet
settled, nd the spprehe nsion of new aud for
mdabs outbreak justified by the attitude of the GO
vernmen and the continuation Of the state of siege
still psralyze all business
On wednesday, the speech Of the Queen Of ing
land, prorogung the Parliament, published ct
the Bourse; and Its pacific tendency and the hopes
held out in II Of settlement of the Italian question
without war; produced very favorable impression
This further increased by report that offers had
been received from England, from some highly innu
entail houses Of loan to France and to take all tho
shares of the Lyons Railway that should be abandon
I'd by the shareholders. News was at the same time
spread hat there had been an official acceptance ~
Austria of the Anglo Franco mediation; but this
not very generally believed
The following Is the state of the market for the