The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-04-03

gOVernLent 10 accomplish tho rouuct1Ou Oh suO
interest of the debt. As it will be observed ~
those who read the text Of the decree, that the
stockholders OF the five per cont will be allowed TO
choose either the reimbursement of 100 francs by
every five franc stock or to accept tho conversion OF
their bonds into other bonds Of Al per cent for evory
FIVE francs. The stockholders will have twenty
days to decide the question, that is to say, till
tho 5th Of next month. Generally speaking, this
new measure has been received with tho greatest
indignation by all tho stockholders and financial
men, The inside and outside Of the Bourse on Tues
day and Wednesday last, rs agitated rs an ants
hole which had been deranged by tho step cfa
human being Tho crowd was immense in tho
central hall and on the steps of the monument. I
have neither room nor space to report all the
s'curses" have heard within the hour have spent
among the BoWsiers and the trlpote,rs dc coupons.
Paris, not being allowed to enter tho Bourse,
were perhaps more excited than the men, and if
policemen had not been walking about and minglng
among them, God only knows what would have
been the result of the anger OF those parties.
The fall of the Five per cents has been two francs
seventy five centimes, and three francs. The rail
way stocks, have, on the contrary, obtained rise,
which was tho natural consequence of tho CONVEX
sion of the Elves. 1t is said, that this
measure will produce to the financial department of
the State, an economy of eighteen millions year;
and that this fact has been of the NEST enticng
considerations of the public treasurer. For tho last
fifty years this proposal for conversion Of tho stocks
had been four times proposed, first in 1924, undor
the ministry of NJ. dc Villele; in 1888, 1910, and
iS45, under Louis Philippe; but then tho great OBJ
sacle was that there existed large number OF stocks
which could not be altered which had been taken
by public enterprise, establishments and others
placed the heads Of persons under age or aggrev
ed by pspiWn The new decree of Louis Napoleon
has severed all these difficulties for it has converted
all these stocks, without being necessary to have
recourse to any judiciary form.
One ofthe leading topics Of theweek has been tho
election for the Fourth ward of Paris in which there
were two competitors, one being tho candidate Of
the government-Mr. Moreau; tho other, the candi.
date of the oppostion--Mr. Carnot. The result has
been in favor of the latter who has been proclaimed
member Of the Legislative Assembly by 10 1863 votes,
whilst Mr.. Moreau obtained but BIO votes. On
Mr. Morcau had II, 800 votes and Mr.. Carnot a.,
144. II must be known that after the events OF
December, 1851, Mr.. Carnot left France and won't
to Belgium, wishing not to yield, by his presence,
70 the arbitrary violation of the constitution of lSS
II is now difficult to tell whether he will return to
Paris and take the oaths. There lies tho diff
Guilty. General Cavaignac, who has also been
elected member Of the representative corps, will not
accept his new position. and will refuse in the most
positive manner, to take the oahs. 1t is said that
| many Of the newly elected Deputies will protest
against this mode Of trying their consciences.
1t is certain that the session Of the legislative
corp, will be inauagurated by q grand ceremony.
which will take place at the Palace of the Tueres,
in the sraTde sale of the marshals, which holds
about twelve hundred persons The members of
the Senate, Assembly, and Council of State, will
votes Of every individual, in private, one after the
other The diplomatic corps will be present, and the
Prince President will deliver opening Speech az
during the time of the Bourbons and Louis Philippe
by the mass Of the Holy Ghost. This is really
case to call in the assistance of '.ths one" who
Fnguds facH disertos, su,dos audire 81 nulos logu,
Qender the tongues eloquent, make the deaf hear,
More than two hundred representatives have al
ready arrived in Paris, and have attended at the
Bourbon palace to select their seats; though have
been told that this arrangement woudno be allowed
| by the new Speaker of the House, NJ. Bault.
The grand military review which was to have
taken place on the 10th inst the anniversary Of
tho return of the Emperor Napoleon from the Island
of Elba, has been postponed till the LIST Of May
| next. The enthusiasm in the army not con-
sidered as sufficiently excited and the fear of fail
ure in the aim of this grand affair has induced the
| Prince President to postpone it. The cause
| Napoleon to the non-perfection of tho flags which
| are to be distributed to the army and National
Guards. Some may believe it, but know better,
and enlighten my readers. An encampment Of the
| army will also take place ut Compegne, as it used
| to do during the reign of Louis Philippe
All these preliminary symptoms of the proclama
ton of an empire, could be deduced from the deere
OF Louis Napoleon, who declares that for the future
all the acts ojustice would preceded by the usual
formula :-''Lous Napoleon Bonaparte, President
of the republic, to all, present and future, salute
Unfortunately Cor his happiness and comfort
| Louis Napoleon is in very poor state Of health
The govt is attacking him in the bitterest manner,
| and severe rheumatism has taken possession of hi
shoulders. His doctors bothered and consulta
| tions are daily held among them on the subject.
In the meantime the Ministers Of the Chief Of til
State are organising the new Civil List, which is to
be fixed at six millions Of francs. 1t is understood
that this sum OF money will not be appropriated to
| keeping private museums, as it was under Louis
Philippe. part Of the forests of Louis Phippo's
estate will be annexed to this, and the woods oil
Fonta;nebleau Marty, st. German and Rambouil-
let pointed at as those which will be selected by
| the Prince.
Marshal Marmont, Duke of Roguse, who died at
Venice, has requested his friends beg Louis Napo
leon to allow his remains to be buried at the nyu
lides 1t appears that this old soldier who was &C.
eused OF treason by the Bonaparlst party, has writ
ten the memoirs of his life, and shown by proof that
| he had not betrayed his benefactor. The BODY o
! the Marshal has been embalmed and sent TO Paris,
| by sea-
| The difficulties between France and Switzerland
relative to the political refugees are not yet entirely
settled, though it is hoped that they will Thero
isono thing which will, perhaps, revive these diff
cultes the seizure of the property belonging to the
hospitals of Mount st. Bernard and Mount Simplon.
| These hospitals have been partially founded by
France, and though it is proved that the monks OF
st Bernard have Somewhat participated in the diff
culcs OF Sunderland, there is why the Va
lais should take possession of their property.
| The funeral of Armand Marrast, the member Of
| the French Provisional government in 1913, was
to have been grand; but owning to the interference
| of the police who refused TO allow onrrieYs to
| accompany the hcarse and enter the cemetery,
there was display. All the leaders of the
| opposition were present at the burial. but no
| speech was allowed on the ground. The only thing
which was not prohibited, the publication in the
newspapers of the partisan press, several articles
which were eulogious for the deceased, and
proved to those who had contrary opinion, that
Marrast was not n dishonest man, as he died poor,
and leaves his family nearly pennoss.
--Probitas est audat ct algct Iuvc
The news received from Algiers is of a very pain
full nature The report of the mslortuncs met with
by six battalions Of the French army on the 18th,
| 10th, 2lst and 22d ult, in the mountains Of the
| neighborhood Of Bouger have been confirmed. The
storm and cold was 50 intense, that about one
hundred and forty-four men have been buried in the
precipices, aud nearly all the soldiers and officers
who arris cd at Bouger went to the hospital. Never
has such disaster been met with by the French
| troops. since the passage Of the Beresina and the
campaign of Russia.