The New York herald., 1861-12-05
Finances OF the French Empire.
ExPEDlENTs OF THE NEW MINISTER FoK 4 BUDGET-
POPULAR LOAN SPOKEN OF.

A POPULAR LOAN SPOKEN OF.
(Pars Nov ls) cores pondcnce Of london Times.I
Tho public still in ignorance of the plans Of the
new Minister Of Finance for retrieving public credit.
The claion the right 10 raise money without the
participation or coguizanco Of the Chambers adms-
son Of past error anl pledge not 70 repeat III but 1t
wiz net pay of the deficit. Something moro thln re-
pentsLc, or resolutions Of amen ment are required
TO reiieye the taxpayers from the consequences or
pfodigaiity, but VIII that "sumehing" Is we cannot
guess en.ess i be tle tRlgl papacea loan. 4 loan
has, indeed Ia kcd Of for long time post. Ycster
gay ana saturday it was announced positive. The
sum was nxcd at not less than thousand
millions OF francs Again, 1t nil that round m
would not do, that seven hundred and Ofty millions
$50 millions would bo better and that II Il were
taken III tie dcncrati fashion practsea on the last two
o. Three occasions to hake would step H. one house
one was set down ut from 200 800 millions Onthc
o,hcr hand Is denied that there will be any an at a
ana they who deny it pretend to speak on authority
heantme deep aiasaiis faction Is obs rvabc among the
mercantile classes at he prospect Of heavy burdens
added TO those which they have at present. Some in
49,. approve the Em OTIS irank avowal of his rast
Mistakes while good mbcr in it confession of
We .kheSs. a lew hnk that The Emperor to this way
oi sm@pg the Italians That it Is cut Of his power 10
serve iDem in consequences OF the difficulties that beset
nm AT home and that II they mean to seek al,
anywhere next spring they must count upon him Tor
assistance.
[From the paris Patrie, Nov. 1871
Tho first OF the Minister of Finance on taking tho
direction Of tho Ministerial dopa entrusted to h IN
is oi course, the siudy of The ifdgt Of 1853. Thus H.
Fud $50 aiormcdl has lest tnis ia examining
TIC madiications which must be ma 10 in o receipts
rnd eN andit re Of tho tato according 20 the rel
ations which he has induced The Emperor aopt, aud
psobem TO be resolved is this TO increase the receipts
by diminishing the expenses and at the same time to
provide tably for the bic rvice.
II we are rightly Informed, ihe lyst reform under
sidcration Is reduction OF the army without nlring n
upon system 80 happily cstab.ishct-that is say,
minimizing tie actual organz,tion Thus the military
power OF France would remain IN full force aad wod
sure to our policy the niF which it has
achieved, at tho same VINE that the war
estimates would be scnsibiy diminished. The
creation OF resources, rendc cd necessary by the
suppression OF supplementary credits, Is aecate g1cs
ton, which he NV Minister CT Financc will certainly
examine with that maturity and reserve which such
great Interests command We believe may state that
he does not propose to add any additional tax which
might aii heavily On industry, agriculture clmmercc
and which would alect the working classes 4 c
jer naiehes is spoken ef THIS measure is IN fact, conte
plated ut the Ministry Of Finance, and in sach manner
that the consumer will scarcely feel the difference. An
increase Oh sta nps is also under consideration.
Wco not aca anted with the Minister'S views the
tax which weighs npol the transfer OF pefsOn property
but, on the one tnd the revenue from tlat tax
small, scarcely reaching 5000 ,0oof, and tho other
that we may be allowed to suppose that modification
q The law o q 23d Of june 1857, is Impossible II
ths m dhcatioh Is carried OUT 1t Will, we trust, lead to
| the suppression a the t,u,pigutts.
WHAT THE EMPEROR MAY 10 TO FEED HIS ARMY,
from the oldop Times, NOV. 201
Even Napoleon absolute as he is cannot at moment S
notice turn all his worknon starving the frosty
streets. He has cold before him and deaccnc
Of food The evil system he has established Of making
the state resi- onsib" for the price Of bread and tho suf
hcercy of work cannot be suppressed s,ich crisis
without careful gradatioIs But there things which
io i."y Ho ~ qtickfy ana efficiently. lie
cease to waste monthly millions upon costly expert
ments aid upon ships which can wanted except
for war Of aggressionships the very production of
which calls other hostile ships ih being to neatiaize
them He can also return to h. industrious and protue
tive classes some zoo Geo active mouths and idle right
hands II hc would not sink the credit Of France 10
mat Of Ausria aro con III. 8st ddfd So,r or ialr
he must DO this, snd his drmtes onr Lq3e 10 5txa
neneite--and what the issue OF that would bc no one
ntss k.ow better than he. France will endure 10
have her credit sunk to lcve with thai OF Austria The
present difficulty met with an intelligent hrmness is
mere bagatcie. The national debt Of cur ncighbos has
ny 40 means reached such dimensions that The people
VIII be tempted TO raise dangerous discussions US TO the
balance OF Inconvenience between bearing and casting
OF the burden. Perhaps little heavier weighing might
make france more stable and more peaccaoe, Bat ner
h'ng, nitic nor Emperor can cotinae a soieesscg aH1 il,
good crca to tohd dW The best part o the population from
fnodactte pursuits end 10 maintain them in iies Jr te
aie'T sdiity q a7lsG 4tetf eGh6ers uncomfortable L ~
Fo1d means permanent French soyency he also means
permanent peace establishment