Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1854-04-14
JfIi5rrllanrOus.
LEGISLATION IN FRANCE.

LEGlS STATION IN FRANCE.
The following is The report Of the
proceedings of the legislative assem-
bly, III France. IN passing a bill fur
authorizing loan of $4,000, OO0f
for deiraying the expenses of The
kuss'an war. The form in which
this was done was that of providing
"eXiraurdluary resources" lur meet
ing the = extraordinary expenses" OF
the year, Tor the purpose Of main
tanning the Budget uf the empire in
" equihbrio. " The Finance Minis
ter, IN recommending the loan to the
Emperor, reasoned rs iollows:-
" The expenses for which it Is in
dispensable to provide being alto
geiher exceptional and extraordinary
II is not 10 taxalinn, but to loan.
tha, II Is advisable to have recourse.
10 procure these eSiraurdluar, re-.
sources 10y means 81 taxation would
hc 10 trammel both public aud pr
Naie fortune at moment when they
have need of being most CAREFUL,
attended to- would be To diminish
employment aud consumption when.
an the contrary. there Is every mo-
I'VE iur encouraging them as much as
possible To procure these resour
ccs 10y means of loan is 10 di>iri
butte the charge of them over the Gi-
tufe-ls Ia allow times of peace To
pay the EXPENSES OF war. Ii your
Majesty approves the idea ul this
loan, | shalt have the honor of pro-
posing To YOU 10 fix lis amount at
2Jo'uOO,JO0, that sum hcing sul-
hcient To provide fully Tor lie new
necessities which have arisen The
public debt of the Empire will, no
doubt, be augmented. but that cir
cumslance wall throw but licht
charge on the tax payets. parn, uiarly
if ihey compare II With the rcduc-
ton, infnuel, larger in amount,
which your Majesty has already pro
dured IN the great hook Of the pub
lie debt 10y the conversion Of the FIVE
per cents
Paris March THE Legisa-
i've body met today, Al , O'Clock to
discuss the PROJECT of law aulhoriz-
my The Minister Of Finance To nego-
tate loan OF 100000, 000f. NJ
Blllault, the President, who had
been appointed reporter, communi-
Gated, IA the following terms, Ia the
Assembly, the result of the del'bera-
lions Of the committee to which The
ball had been reie red -
Gcnllemeu.-In the name of a
policy essentially national, aud en-
IjoyIng The sympathy of the civilized
world, the Emperor appeals to your
loyal cooperation. The committee
you elected now demands lha; a
unanimous vote should realize that
corporation, so cnergellcall, attest
ed Yesterday 10y your patriotic ac-
clanallons. The peace which Eur
ope has enlpyed for the last forty
years is about to cease. The Rus
sian govcrnm, nj sacrifices II 10 its
ambition. In order Ia avert that ca
lamliy, every IAertion was made by
the Prince ~ho, on the eve of his ac-
cesslon To the throne, responded to
the calumnies oi one party ahd To
the anxiety oi Ihe other 10y that fruit
ful maxim The Empire is peace
/ (Bravos.) Deeply penetrated with
tins mission, aud proud Of the pros
pcut, which his courage had rcs,or-
ed u us, and ui thai magnificent de-
velnpement OF Industrial ACTIVITY
which, in the course of two years,
covered The deficit of our budgets,
and opened Ia the wealth OF the
county the broadesl horizon, the En-
peror expected from peace more real
glory than from war. He did every
thing in his power to maintain II,
and To use his own words, in order
10 avoid collision, he went as far
as honor allowed him. Applause. }
The d. plonalic correspondence,
which his letter concludes So nobly,
has exhibited Ia France and to the
world the most convincing proofs of
his constant exer,ions aud good faith.
(RedoubIed applause.) The Rus
sian Government valnly attempts to
disclaIm the terrible responsibility of
the confiagrailon II has kindled. -
All the grea, Courts Of Europe are
IN possession of the documents. aud
whatever sympathy they may have
experienced for Russia they will con-
denim her. That banner of order and
European. T. pose which Russia
Welded 10 influence the councils of
Diplomacy is now borne by France,
who, intimately united with Eng
land, advances, with the sympathetic
wishes Of the continent, to defend
the repose and security Of all against
the ambition OF one man. Our poll
cy is unselfsh, and without mental
reservations France has no idea Of
ACKNOWLEDGEMENT she onl, wishes 10