Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1848-04-15
NATIONAL INTELLIGENCER.
FROM OUR EUROPEAN csRREspoNDESE
LONDON, MARCH 81, ls4s.

LONDON, MARCH 2 i, le4S.
All Europe is still busily employed in perusing
and studying the new page in the history of France
which has lately been displayed, and not without
effect have its revelations met the public eye. Bel
gium, Holland, Prussia, Germany in its entire
length and breadth, Switzerland, Italy from north
10 south, and even Denmark, have caught the spirit
of reforms and demand for increased privileges
and more equal distribution of power among the
people have been pressed upon the attention of
Soyereigns with an earnestness which they In al
most every instance have not thought prudentto re-
sist. Spain and Portugal have taken no part ; they
appear to be dead to the influence of the great
principle which is abroad, for they have not yet
made any sign" Great Britain scarcely felt the
storm as the edge of it swept over her territory.
There were slight outbreaks at Glasgow, Edn-
burgl, and Manchester; and boys and plckpockets
assembled in London and broke lamps and win
dows, and received broken heads in exchange, but
this has hitherto been the extent of the mischief.
LARGE meetings have been held at Leeds, Sheffield,
Birmingham, and many other places for political
purposes, and to demonstrate against the income
tax and other measures which they Judged opPres-
sive and unjust and the Chartists have also as
sembed in large masses. But all has passed of
quietly; the people have been satisfied with the ex-
preston of their opinions and desires in constl-
tutional, firm, and respectful manner, and the Gov
eminent have shown willingness to attend to
these opinions and DESIRES so far public exgen-
cy and the general good rendered such compliance
practicable. Lord JOHN RUSSELL is more pract-
cal man than nj. GUIzoT; and it may be doubted
whether, il the latter had allowed the people OF
Paris 10 hold their reform banquet LOUIS PHILIPPE
would not have been at this moment King OF the
French and resident in the Tuileries. But If the
French King and the monarchy had survived the
political crisis, it may well be doubted if 1t could
have survived the commercial one which imme-
diatey succeeded; crisis which caused nearly
every banking establishment in Paris to suspend
cash payments, and induced the Provisional Gov
eminent to issue decree suspending payments at
the Bank of France. The bank has since issued
notes of one hundred francs each, by authority of
the Government The run was so sharp for specie
that it paid out no less amount than ten millions
of francs in one day-the 18th instant-and had
only sixty millions left when it closed. The cir
cuation of the bank, prior to suspension, was two
hundred and seventy millions; it is now allowed to
extend it to three hundred and fifty millions.
Many of the leading mercantile houses, not only in
Paris but throughout France, have been compelled
TO yield to the pressure. The financial exposition
OF NJ. GARNER PAGES, who has been appointed
Minister of Finance, has done much TO restore con-
fidence in the money market. He makes the fol-
lowing statement:
The funded debt of the Government was, in Frames
ls4l .....4, 20 i,3lo,4o-
On the Ist NJ JanuaTv. 1919 g. l79, GA, $50