The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-06-12

to receive large number Of persons. Banners and
antique vases in imitation of bronze complete the de-
coratons Of this principal figure
The first persons in the corege were SO men In black
coats Win wnite pantaloons and grey hats, bearing
banners representing the SO departments Then came
the corporations the delegates of the departments pre-
ceeded by their banners on which were many inscrp-
lions. cry OF Hfre Temporarily was heard from
of the old soldiers of the Emperor could not
but associate his memory with their acclsmations,
amidst the shouts of the assembled multitude of Vipe
la Repubique ~
The different trades, bearing specimens of their
traces came next and many OF them were well worthy
The masons had the dome of the Invalides as plan
in relief the carpenters the labyrinth of the Jardin
des Plantes;' the cabinet-makers a square building
surrounded by colonnade the stone-cutters model
OF palace the tobacco manufacturers monster cigar
under palsnquin in red velvet, fringed with tobacco
leaves of Virginia and Maryland; the bakers crown
supported by bundle of long rolls and cakes; the 10
rst and feather makers, das holding feathers and
flowers, elegantly arranged steam plough brought
by the engineers; the printers had printing press,
with which they were printing off the Marseiiiaise'
and the Giant du depart" which they distributed to
the crowd; the musical instrument maker had kind
Of pyramid composed of musical Instruments in front
the art On the banner of eloquence the of
Bossuet and Berger; that of comedy the OF
Moere and Scribe, on that Of defamation, Tama and
Rachel the old masters had their banners apart.
The Bazaar du poyage had very elegant pyramid
composed Of game bags umbrellas and various articles
deliberately ornsmented covered in white s six aama.f
with beautiful vase Of artificial flowers The banner
Of the feather makers was surmounted by plume of
tri-colored feathers that Of the workers in steel gilt
tered with boquets and garlands of polished steel
naments. The goldsmiths had splendid vase, and a
rich fountain splendidly worked. A beautiful and
some fine small statues exhibited by the bronze
workers. The armorers had panoply of armor Of
the middle age with four warriors clad in complete
The porcelain workers exhibited magnificent vases
and figures in biscuit china. The bakers drew
car child representing cupid, the being surroudn
ed by young girls.
Besides there the fringe workers. the saddlers
the coiners, &c, &c. all with their appropriate pro-
| auctions
At last came the of agriculture, surrounded by
five hundred young girls clad in white and covered
with oak leaves. Then came the Orphanistes, the
children of Paris the pupils of the conservatoire.
Song resounded, cannons roared, an immense popu-
circus the heights Passy and the espanade Of Cha
lot brilliant by the cuirrasses Of the cavalry
which gttered in the sum- and the plumes of the SOL
| diery which foated in the breeze.
At this moment, the young girls sung in vast
| harmony the song of the Girondins and with
unanimous and melodous "Iire Ia Repubiiquen'
passing before the members of the Assembly, made
them an Offering of their boquets.
The whole population, Ministers and executive
Commission, responded with transport. Every
standing on the platform, that tho ladies behind,
We're unable to see what was passing but what will not
thus satisfied their curiosity.
About O'Clock the troops finished defling before
the representatives, who greeted by the National
Guard by boquets, which they had carried for this
purpose In their muskets, and by repeated and long
| blee Nationaie ?,
| IN the evening the crowd beSieged the QuayB the
Champs Eysees, the Tueries ordinations Of
prise and pleasure burst from all sides at the fury
scene the terraces of the Tueries ilumin ated
vases of orange trees shot forth their magnificent fires
the alley of Neuy exhibited its lusres its gra ndoes,
its coored arches of light and later in the evening"
the Barriere de rEtole became mass of resplen-
dence from some chefs dGurre of pyrotechnic skill ut
| its summit. The Examinations Of private buildings
very beautiful. Notwithstanding the immense
masses Of human beings congregated at this fete
have had no accident to deplore Cannon fred
from minute to minute during the evening, which ter
mil ofado otn1tD fha
| Of the people.
The following auecdote will show that the gaity of
the French never forsakes them The artierymen of
the National Guard went to the nvades to relieve the
services of the old soldiers when of the latter OBJ
served Ma fol- ade you arrive tres propos, for
I have been standing 30 long am suffering from my
corns." He had two wooden legs
INVESTIGATOR.
| PARIS, May Is, 1S4S.
| Paris Bouse aud Money Market
Political events, which in ordinary times would affect
materially the money market, and rumors that would
Immediately a considerable rise fall in the
funds almost without influence Since the
revolution Of February, the coulse at the Boursc and
| n the Passage de Opera, nearly all specua-
lions for the accounts carried has been dscon
tinued, and transactions are now almost without ex
eeption for cash. Capitalists have confidence, and
spectators fearful of engaging in any operations
that may turn to their loss ruin by the unexpected
| events of the morrow Thus little business of
Importance is transacted, and that which is done is
confined principally to purchases of small individual
amount, made account of persons in the provinces
but which under present circumstances the regula
ting medium Of the prices Of the funds. Railways
| huctuate, Us the chances Of less advan-
tageous arrangement with the government appear to
be afforded by the projects Of the gov ernment the
movements Of the companies. In short all Is .uncer
tainty, and sets all judgment at defiance.
The principal events which have lately operated at
the Bourse have been the results Of the movement Of
the 18th May.the project of the Minister of Finance
presented to the Assembly to the railways, and the
budget for the coming year presented to the Assembly
| by that minister. The first produced aided by the
purchases from the provinces, decided rise in the
funds The railway project produced considerable bu
siness in those securities, and the budget has given
rise to great variety of opinion leaving capitalists in
| much uncertainty to the financial condition Of
| the country as before.
The railway project is to take the railways at the
average prices of the shares months before the
24th of February, and to give as an indemnity per
cent stock at the average price Of the period
This though generally objected to rs unsatisfactory
Is still so far acceptable that 1t puts the matter on
definite grodnds on which to form some judgment. II
is difficult to say what is the prevailing opinon-on the
subject as opinions differ so widely. They who have
purchased at the low rates approve it, they will be
ganers while the original holders, and they who have
purchased at high rates, make cry Of spoliation
The generality of holders, however, hope to obtain
better terms from the Assembly many of the members
of which, it is understood, favorable to their in
ercsts Probably the greater number of holders would
dissatisfied If the indemnity given were in per cent
| stock at par.
The budget shows n clear surplus of eleven millions
but many OF the items Of receipts held to be very
probematica, and as to many points doubts are en-
tertaned as TO the obtaining the sanction and vote
Of the Assembly that it Is considered to have
little Of substance reality about tat the end
Of the year. instead Of showing any surplus Is not
likely To show deficiency. Doubts are entertained
where the dividends which will become due in June
are TO be provided since with the additional taxes inn
posed by the present government the old taxes, which
have been very generally paid in advance and an adj
vance of so millions already made by the Bank of
France the is at this moment reported to
be obliged to obtain an additional loan of 80 millions
from the bank.
The state of the Bank Of France is far from sasfac
tory; to cover an issue Of 402 millions by it, and the
various local banks which have recently hecn united
or fused with IT, IT has in its golfers 115 millions Of
bullion and cash whilst the protested bills held by IL
amount 10 70 millions-its sharcsare now at 1860.
A movement in favor of Poland has called from NJ.
dc Lamarne an srpose of the policy of the
as to that country and as IL does not eynce any in
tention of direct interference in its affairs
dence has been given at the Dourse this having been