, 1865-06-10
CUR PARIS LETTER g.
+ he Panic in Mexican Sccurf,
lies on the Paris NDurBe.
The Dee de pefslsu,'s Letter on Gome and
ltrI!-Prtnee aspoleon's Speech
In Cotsiea.
[cor14 spoutsnee Of the Chicago Tribune I

PARIS. Tuesday. Msy is, 1866.
Ono Of the first panlcs which mi.lt be ex
ptcted 11cm The connection which exists BIZ
tween The close Of the civil war in Amerfcs
and the position Of the French army in Mex
co, arose IN our money market on the re-
ceipt Of the recent Intelligence Of wlat was
taking place in New York. The fact an
nounced was not one Of first rate i'm
portance or Significance. It did moi
tell Us that the Washington government
bad officially announced to u. de Alontho1ou
Its determination to enforce the Monroe dor,
| trine throughout the American continent,
AL that was made known to Us Eas that
"emiErat!on Offices had been opened at
| New York tor Euch persons as we're disposed
| At the present moment to direct their steps
toward the Mexican frontier. This was al
| and yet This las suf{1ced to throw our Bourse
into ttcpldation, and bring down MeIj-
can bends two francs below the rate OF
/ Issue, loE as that WEE, and enormous as are
| the speculative advantages held out to The
! eubseriheis. "My friend" cue is tempttd
to say, ~ you arc % easily frightened. yo1r
for the future" Alas, you say you did not
think the American war would be so soon
1ent yodr 'A money % to- to HaIinRiiiii.a HdlRSi aA1s +
1ou may e3nsote yourselves by the
rejection that 7 Napoleon LII had thought
wonld probably no more hare lent Maxinii.
Ian bis troops than you EonId your luoney!
The panic seems to hare passed Tor the pre-
sent; bnt men here feel that it Is vel! ground
ed and that Il viii ZONE again. The Uni
ust'on Of the intestine conflict in America
mpFt necessarily be the cause Of vast ac-
qu1sitton Of strength to the national mart In
Mexico. be the policy Of tue Cabinet at
Wsshineton what II may that Consequently
the situation both Of The French Ii that
country and Of the Imperial p7osegs has be.
come rToportlonately precahous.
The great event Of the day among our
selves, and which must not forget to 1nen-
lion. ts the publication Of a Litter from Ronf.
hy the Doke de rersiany. In this latter ths
Duke states bis conviction that th. conveu-
tim net xeen France and Italy will "inevit-
ably" be carried out, II tho Pope apd his
court quit Rome, he esys France will regard
the ftct with perfect tranquility, and having
assisted In establishing such government
In the holy CITY as must perfectly sat!sfy the
Roman peuple. aud also admit Of the Pontlff
will then patiently wal: until it shall
p1esse P!o Mono, or ono Of bis sue.
ceseson, to ccme back again. The means pro-
posed by 81 de Persigny Of thus reconcilinc
1he Romans to the Pxpal presence are simply
that. although remaining nominal subjects
q The Pope, they should l'e considered rs
zens, should nevertheless be free to enter
into the civil or military service Of the Ital-
Ian government, and be freed from ali restrie.
tions, either Of Custom House or police.
With this state Of things ~. de Pesdg-
ne thlnks the1 Romans and Itallans
knot Of the italian difficulty will be cut. It
may be 20: but many ucople continue IN he