New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-04-30
FRANCE
From Al os...~rs Sbn~1cse.st

pire finds i.sef more and p,re CO npelled 70 throw
up its adventurous grs.es and show s real features
IN their native hldeousress. TIE hour o. con-
fes,ions has broken in upon Is unexpectedly.
had already dropped every pretense OF 's'os
regular Government. or the offspring OF me syj'
"froqe sn,reraL" II had proclaimed itseH Tue
regime Of the aps:srt, the nformer and the H.
FOUNDER. Itgoes now step fo'iher and a'o"si' "
self the regime Of tie sxindler. The ho"Hs% VI
April II contains note stating that CERTAIN Jour
nals have announced prematurely the hAa'on o'
the dividend upon he shares OF certain 'aHoay
companies and other Industrial s"ciet~s' aad nave
attributed to this dividend lower figure than tha'
which hes been since determined by the Counci.'
of Admin tratiOn.
"These are msneuvsrs against which the hu..IJ
and the capital Of the country must De pro'ec1o;;
The Editors Of the journals ,errec 10 hare Dtsh ed.sI
JetoTe the PT0cHTeHr IMPERIAL and warned tna' suSh
facts will for the future be zen, before the trouhhs
81 continuing the oepse Of publishing fase views
The duty Of the press is 10 enghtsn the pabhc ano
not dsceive it,
III other words it if the duty OF the press WRITER'S
at the peril Of being transported to Cayenne, 10 DOL
s.er up the Crfdit MoJii,r, instead Of warning the
public of the impending breaking up of that monster
mpOtture, they have done OF late, although IN very
tlmid and subdued tOnes The Credit Moolier Is 10
hold its general ANNUAL meeting April ~ and declare
its dividend for the past year. While its directors
shrouded themselves in mpenetrable mystery, most
disastrous reports were circulated as TO the way IN
which the expected dividend was 10 be cooked,
and one paper dared Ia hint at the fact that on the
meeting of one company connected with the Credit
Mobier held some time before, the manager coolly
announced that though he could only declare dlv-
dend of per cent, the company nas in a Jar boter
position than the year before, when he gave % be
writer yentured upon expressing his suspicion
whether any dividend of this land Other" companies
were not paid out of the capital rather than the
profits realized. Hence the wrath of the
Monit,ur The shares of the Credit Moblller
quoted from 957 to $50 frs. on Feb. TO- from e20
to $50 irs on March l0?had fallen to from 7l5 to no
frs. on April 10, and even this latter quotation was
merely nominal. There was no means of concealing
the ugly fact that Austrian aud Prusslan holders
had resolved upon selling no fewer tfsn 6,OOO
shares and that the " Maritime gta6rGb Com
pagnn," one of the fantastic creations 81 the
Pereires was IN aHicut0 mOrtts, from baVIng en-
gagged in speculatons anything but maritime
II is fine notion, quite worthy Of political econ
mist of the force of General Espinasse, TO imagine
that menaces in the MOnitsW will enforce credit az
well as silence The warning will act, but quite IN
the opposite direction, the more so since }. enanaes
from Government whose financial frauds have be-
come topic Of general conversation. IL - known
that the budget drawn up by NJ. Magne, the Min
lister of Finance represented surplus, but, by the
indiscreton ofsome member Ofthe Coardc R<otston,
il oozed ont that il showed in fact deficit OF some
100. GOO, eco francs. When summoned 10 the
savior of property fer an explanation, NJ. Magne
had the grave impotence to tell his master that
knowing his predictions for surplus, he bad
cooked up" budget, as the Ministers OF Louis
Philirre had done before him. There the matter
rested bat the notOrety given this incident drove
the Government into a confession. Having POnp-
ously announced in the Moniteur that an augnenta-
ton had taken place in the customs receipts for the
month of February, il dared not stand by its own
statement. The monthly customs returns published
at the end Of March, show the import duties IN
February last to be, even in the official verslon but
13,614,25l francs, while they amounted, in the
corresponding month of 1857, to H. 100, Ol3 frances
and to be for the months of January and February
united only % s42, $50 francs against 2-,O34, AS
for the eane months of 1857 Such is the official
meaning of protecting the industry and the capital
- of the country against mancuvers," and OF
"enlightening the publc, instead %. " deceW-
ling it,"
The retnsctment Of the coup fftat on an enlarged
scale the wholesale transpOrtatlons, the parceilng
out of France into Pr2tOrian camps, the ruInors OF
war the complications without and the c0nspiracics
wthn-in one word, the cOnvulsiye spasms OF the
lesser Empire since the attempt Of Jan. IA, have
somewhat distracted the general attention from the
financial state of France. Otherwise the public
would have become aware that during that same
epoch the Fictitious prosperity OF the BOnapartst
regime has already resolved itself into its elementary
principles of peculation and jObbery. In proof of
this proposition will content myself with emu
meratng such facts as have from time to time found
their way into the European press. There is first
NJ. FROST, the chief of the Compdgnie gtnfrdtc de
Casses fEscompt', which not only engaged IN all
sorts of BOurse speculatOns, but took upon itself
to estsblsb banks of discount all over France The
capital WAS ST, OOO OOO in so, 900 shares. 1t had
Effected All amalgamatiOa with the Portuguese
Credit Mobller, and was magma pars OF the Credit
Mobiler of Madrid. All the capital is gone, and
the liabilities amount to about S3,OVO,OOO VI.
Damonieu of the Compdgme Pdrsiennc DIS
Eouipagts de graados Remis,s, Wa condemned by
the tribunal of police cornctiOatts for having swirl
dled his shareholders out of 500 900 in cash and
shares having plunged them into debt to the amount
of $500 600 and squandered all the capital, amount
inc TO s.. &C, 600. The manager OF another com
psny-the Lignttnne-prOfesslng To make paper
from wood has also been condemned for eHbezzlng
the capital of $500, 000 Two other Bonapartist
'saviors of property were convicted for having
entered into an arrangement with some bankers to
palm off on the public, for Sl0.OOO,0OO or
BIZ. GOO CO., some forests and mines Tar OF on the
hanks of the Danube, which they had purchased
for 5000. COO IL another case. 1t appeared that
the managers of mining company Bear Aix-h-
Cbspee had sold to their shareholders for $500 900
mines which they were afterward obliged to admit
were worth only $200,OGO In consequence of
tbesa snd other similar revelations the shares of
the Messageries Gtatrates, once quoted at Lilo
francs. ftl to about 500 francs The shares OF the
royDdonif de. Petts IoifHTos, shortly after their IS
su. Unanswered UP 10 2l0 francs, have sunk 10 ~
,rancs The shares of the Union Company have
dwindled down from 500 to % francs. The shares
-, American Nayigstion Compsnv opce