Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1848-04-07
FOR EHGN.

tLo .apnoinfnent and re ectlon OF regency,
H. comnlete triumph of the Parisians over
tho army, the establishment of Provisional
Government, the proclaim or a Republic, the
overthrow of the House of Peers and titled
distinction, the precipitate and AFFECT flight of
all the members of the Orleans family and
their misguided ministry 10 our own shores or
other places of exile, the immediate recogni-
ton of the new Republic of France by Great
Britain, Belgium, Switzerland, and the United
States, have all fallen in such rapid success
sion, that the events of every hour come TEEN
ing with some mighty occurrence Affecting 1he
doctrines Of whole nations and dynastles: Inc
speculations, respecting the causes lncoeh'S
and probable results of this SUDDEN serious,
and mighty social convulsion' are various anu
weighty.
The facts stand out in historical boldness OF
outline. depicted in such indellble characters
that thew must endure until the last syllable
of recorded time. A provisional government
has heen organized by cur neighbors, the
members of which are celebrated throughout
the world for genius, eloquence, and science.
Some of them are of almost romantic integri-
ty. Carried away by the eloquence OF Lamar
tine, the excited, ungovernable mob OF Paris
threw down the muskets, which, in the first
had taken up against the popular leader, and
by their unanimous shouts invested the Pro-
visional Government with full authority AS
the Revolution of July was the work OF the
Borrgeoise, so is the revolution OF 1913 the
act and deed of the working classes, who have
sealed the Inauguration of their labors with
their own blood.
The question which every one asks of his
neighbor is, "ariW 1t last ?'' Every man in
in England, and, we believe, elsewhere, hopes
so. Lamartine himself, says, in his address
TO foreign powers-'' We desire, for hundni-
tn, hsot peace may be Observed We even hope
it." Sincerely do we re-echo these words,
applying them emphatically even in more
enlarged sense than NJ Lamartne. We hope
that peace may be observed both without the
Republic and within the sphere of its domes-
tic dominion Our sympathies, nay, our in
terests, are all interviewer with the malnte-
nance of peace, but the great social problem
which these men, who are aiming 10 govern
millions by a stroke of the pen, is of too intri-
cate and complex a character at once to be
solved.
The difficult question of human labor, the
real and only source of wealth, and It's more
equal distribution is the great argument to the
height of which they propose to direct all
their efforts. They may cut their gordon
knot, but the sure process of the developed
industry founded upon peace and security far
exceeds the ephemeral power of any Prov
sonal government. C However absolute Or
well disposed 10 make a government" sad
Mr.. Burke, more than half a century ago. up
on similar occasion, 'requlreS no great pru-
dence to settle the seat of power-teach ODE
dienCe and the work is done. But the forma-
ton of a free government IS to temper together
the opponents of liberty and oppression,
which requires much thought and deep refec-
tion-a sagacious, powerful, and combining
mind"
The French are but in the first stage of
stransition. They must not only teach, but
they must secure obedience from the masses,
before the regular e2ifce which is to crown
their hopes can be raised If the foundations
are laid in peace, the French people may erect
Il proud monument, to Consecrate throughout
all ages the glory and liberty of gallant peo-
pie. But if the elements of war insinuate
their fatal agency into the fabric, the whole
will assuredly crumble into dust and perish.
The provisional government became situa-
ted by an usurpation, or rather by the free
choice of the mob But, however that may
be, eleven members established supreme au-
thorty at the Hotel D'Ville. Royalty and
peerage have been swept away in q few brief
hours; but hunger, gaunt hunger, and one
hundred thousand mouths yawning around
the seat of government, and something was TO
be done Immediately to appease the malttudes.
A gigantic system Of outdoor relief was con-
ceived and Immediately executed. Formidable
legions Of National Guards were then formed
at stipend per day. These have been pack
ed off to the frontiers. The compact between
the employers and the employed was broken.
and in short time decree was passed limit
ing the hours of labor.
The journals were also to be prohibited
Accordingly the stamp duty was removed, but
these and numerous other DEGREES will not sat
isfy the hungry, nor does the taxing Of one
large class who earn their bread by industry
in order that another class may carry mus
ket on the frontier in the garb of National
Guard, tend to carry out, to its legitimate end
the old received Jacobin doctrine Of liberty
equality, and fraternity.
Already the decree has gone forth that q
new National Assembly is to be called on the
Goth of April, when the Provisional Govern,
ment will resign It's power into the hands Of
the definite government. Universal suffrage
and vote by ballot, are TO secure liberty, equal
Hy, anu fraternity 10 FIdHCe. IL is Qulle Cled
that the good work people of Paris will have
the vast majority in the new Assembly-leav
ing more or less profitable occupations, will
try their hands as statesmen. Shipping, II
the meantime, and commerce, is at a stand
: The funds have fallen enormously. Conside
rahle failures are announced Clubs are II
the course of formation to advise or overawt
the government. Strikes among the workmer
, are becoming more numerous. Daily opera
l tives demand an increase of wages, and hav'
expelled large bodies of the English workmel
for their rivalry in the construction of rail
ways.
Our latest advices from Paris are to Marcel
9, and represent the city as tranquil, but tn
: financial crisis still continues unabated, ant
some eminent houses are spoken of as beinE
in difficulties, but no further failures hav
> been announced. The funds have fallen con
Y siderably. On the Sth, the three per cent
funds opened at so francs, and after havin!
!. been done at 46 francs closed at IL francs
whilst the per cents opened at IS francs
done at II francs and closed at IS francs
e There was no tumult or agitation. All wa
. sad and gloomy. Men came and offered thei
: securities for money only, at whatever pric
: they could get, but scarcely buyer could b
= found.
r We have just received telegraphic dispatc1
$ from Folkstone, stating that the French gov
eminent had stopped the payment of the Urea
sury Bonds, which they have hitherto been i
: the habit of discountng. tits understood tina
: the Provisional Government has abandoned tn