The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-06-17

dressed to him some observations, which NJ Ledru
the President had nsulted him aud his party and that
the tribune not Free This produced scene of
fusion and tumut which 1t utterly impossible to des
cribe The entire party OF the their
seats, and shouted and yelled in the most terrific
manner, gestculating against the aged President IN.
calling him fool and imbecile and using menacng
gestures with their fists directed him The secre-
taries, with one exception who happened to be all of
the Montagnsrd party descended from their places,
and resigned their Offices, joining NJ. Ledru Roin,
and denouncing the President. The bureau of the
Assembly was thus fer the moment disorganzed, and
the uproar and confusion became than ever.
NJ o. Barrot, President Of the Council assembled the
tribune and endeavored in vain to obtain q hearing.
Each time that he attempted speak, his voice was
drowned in indescribable uproar. Groups Of mem.
bers left the house, and for moment it seemed as II
the Assembly were about to dissolve itself The
port given in the journals convey idea of the
terrible scene which was presented OF the dismay
with which the spec tators struck. 1t seemed
though n new revolution was the point Of COM
mencing, and many imagined that the Montagnards
were about to descend into the streets and raise the
populace
After a considerable time and when the lungs of
the Mountain We're fatigued with believing, degree
Of silence was obtained when the President awaited
himself Of the opportunity Of saying that If any
thing he had uttered gave reasonable cause Of
offence, he withdrew it, This satisfied NJ Ledru
Roln but in the meanwhile, the vacant seats of the
Secretaries had been filed by order of the President
by many members in order of unorty to those
who had retired; and The queston arose, whether
the original Secretaries, who had resigned should be
allowed TO resume their places This produced another
"a
length Marshal Bugeaud interposed and restored order
and tranquility by proposing with the support Of the
majorty that the original Secretaries should be allow
ed to .tact their designations and resume their places
And SO the affair ended
We feel however, that we are standing on mine
ana that the slightest spark may at any moment
it to explode. There is great majority for order in
the Assembly it is true and likely to be compact
than eXpected but. on the other hand the mi
nor'y lar exceeds, In violence, the minority the
form Assembly
mentioned above that the moderate party has split
q he Lass fxvl,i
voked under the presidency of NJ Duaure. An effort
Is row. however being made to bring about reconca-
ton, so us to combine the whole party. Nj Mole has
opehed a communication with M Dufaure, and hopes
are entertained that, by mutual concessions the
greatly facilitated and expedited by the scene of yes
tefday which has filled al the parties Of order with
As an Indication Of the utter mistrust which pre-.
walls thrsue bout the country have to mention fact
which has not yet ranspred but upon the of
which you may rely have formerly mentioned that
the great exhibition the products OF French
which takes place every fourth year. has
for the present year, and to have opened
The grand square in the Champ Eysees has been
covered with buildings ut expense this
exhibition, and 1t was expected that immense
course OF visitors would be attracted by 1t from all
parts OF Europe Notices issued for the reception
Of the objects to be exposed including oil the produc
tons OF the mechanical arts and Of agriculture aud
even an exposition of vegetable and animal produce
tions Now the fact is that this great national exhi
biton is about to fail The directors have been wait
ing anxously for the arrival Of the objects of exposi
ton; but, alas almost none have arrived The
manufacturers and producers in oil parts of the
try have informed the directors that they
ture to send their property to Paris at the risk of de-
struction by insurrection plumber and fire. Some
things have arrived but they generally of such
nature to be least liable to Injury loss Under
these circumstances, at the eleventh hour notice
has been issued that the opening Of The exhibition will
the faint hope that this brief DELAY NAV
be restored and producers and manufacturers be in
ducea 70 senc up suicency Of the objects of exhbi
ton knit learn from private sources that the govern
menG altogether despsrs Of this and the of yes
terday alone may be sufficient to remove hope of
this kind In fact, the result will doubtless be that
the exhibition must be altogether postponed for the
present year The temporary buildings which have
been erected at much cost, will, presume be al
lowed to stand, and the exposition will be postponed
until the summer of 1850.
p. S.-Fiye o'clock. The ministry is just m
nounced 1t IS thus mposed:-President Of Council
Nj. O. Barrot; Interior NJ. Dufaure War, General Blu
geaud; Foreign Affairs M. Bechard Justice, Vavin;
tDancs I'll ra',y ,s LarsS
Admiral Cecille; Police, Rebillot.
PARIS, May 81, 1s40
The Bourse and Money Market
To day Is an awful epoch at the bourse and have
accordingly made arrangements by which shall have
information before closing this letter manner in
which the settlement which will be made tomorrow
is likely to come Off The most serious apprehensons
are entertained-indeed SO great has been the alarm
among the brokers, that many of the most prudent
have for the last eight days. refused to undertake any
and apparently entitled to confidence.
One of the principal Of tho sudden decline in
the market of the 2lst and which had become 30
palpabe at the date of my last reporta decline SINH
lar to which nothing had occurred since the revolu-
ton of February, this The holders in many de-
partments in which the socialists had obtained ma
jority, excited by their apprehensons that the
results common to oil France Immediately sent
orders to their brokers to sell, and these arrived in
such quick succession and In such numbers that it
was impossible to find purchasers. Unfortunately
events in Paris only made the evil greater the bourse
unable to sustain the shock, and SPECTATORS far
from staying the panic and reassurDg the market by
coming its aid by purchases were already SO over
loaded to be unable to take any Stock but on
the contrary found II to their interest to turn
from bulls to bears and in the hope of covering their
bull transactions. to sell largely
IL was Easy to foresec that fall brought about by
evident panic. would End reaction 8 soon as it's
dered.
SO in truth has it happened The holders in the de-
pn1tments who had been 30 much alarmed by the So
calist elections became treasured when they found
matters not so bad and orders to buy accordingly
arriving pretty freely Previous prices however, have
not yet been attained. The violent debates in the
constituent Assembly the revolutionary at
tribute to its dying members the popular demonstrs-
tiona, though not very numerous, or Immediately
alarming made in the cnvirons of the chamber. the
violence Of the party Ct the mountain in the As
s,nby but more especially probably, the situation Of
torday's closing prices showed a fall Of 2 10 the
per cents; and to-day shall have, probably before
close my report. to record still further decline
All Other securities have naturally paraken Of the
fluctuations Of the funds but in the midst of this,
bank shares appear to have obtained singular favor
you will perceive by the quotations This appears
have arisen from many general orders to purchase bank
shares in certain events having been received from
the departments as that the buyers unable to
revoke them when a su dden and unforeseen rise
cured in that security by reason Of the enormous de-
mands
| gend Won tho priccs for he wocl
Three Per Cents. F,rs Per Cents Bank Shares.
Nay "a. 81 70 So 2l2j
rs. ..63 60 $3.50 200
26. ..63 60 $3.50 200
rs. ..55 so $40 22lO
20. ..53 45 6340 22O5
30. 81 10 81 80 2l5O
FIVE O'CLocK--The funds day having fallen below
60 closed at SIN The Bourse extremely agtaed,
and very heavy Losses announced certain but no
particulars can be obtained until to morrow.