New-York tribune., 1867-10-18
FRANCE.
THE PANIC AND ITS CAUSES.

THE PANIC AND ITS CAUSES.
a very serious panic began.W ednesday after
noon oct q on the Bourse, from the effects Of which
Rentes aud other stocks yet wholly recovered
Rentes which closed Tuesday night at 6sf iOc opened
wednesday morning at 07 Sc, and fell rapidly to 61f
An Improvement aiterward took place. and Rencs were
finally quoted at tho opening price Gf 5c or Csc lower
than Tuesday. Italian fen more than per cent:
All sorts Of rumprs In circulation both IN Pafls
and London Mr. Reuters Paris selegram Of the I'd SAYS
THE panic todays Bourse was occusoned 9y I9mofs
France and Italy, OF AN insurreetonary outbreak at
Rome and OF an alteration having taken place between
Count Bismarck and Gen Fleury. The Government has
ordered the Commissioners OF Police at the Bourse to deny
these reports and tO endcay0r 10 discover by whom they
were set anoat"
The Pat,ie OF Wednesday evening gives denial toa
number OF rumors especially such as alleged
ING change OF Ministry the existence OF another French
Circular the meeting at sazburg the exchange OF ne
gotiaons for modifying the september 'ohNch!loil anu
the conclusion Of offensive and defensive treaty OF
alliance between France and ltmy, as well as similar
alliance between Italy and Prussia.
on Thursday there was again an excitement Az the
opening much hrmer tone prevailed but aerT3Gd ,
close however better feeling prevailed ana the last
price Of Rentes was 6i5c or Oc lower Than on "edneS
dny italians fell "A further per cent.
On friday the Bourso was much steader. Ren!es
closed at 6sf2oc. or 45c. higher than on Thursday
SECRET LETTER FROM SAPoLEoS.
The GIoJe p.nts the following letter Of Napoleon Ill,
which says The Globe has hitherto been published
and copy OF which have obtained from authentic
source nj Berlin II very curious as shows the views
which the French Emperor entertained Tor at least w!ch
he wished the public TO believe he entertained year
ago in regard the xaons Of Prussia IL was the
letter which caused NJ Drouyn do Lhuys to resign his
Office Of Minister Of Foreign Affairs:
Augusta, ,lsG6.
"MY DEAR MONSIEUR DE LAvALETTE
e" call your serious attention TO the iouoMlng Iacis Us
I'm the midst Of the conversation which took place De
tween BENEDICT. and NJ. dc Bismarck NJ. Drouyn dc
Lhuys and the idea to send to Berlin dIaft OF cohyen
non on the subject Of the compensaons to which we may
be entitled 80. - -.
This Convention I'm my opinion. ought to have been
kept secret but 10 has been n0sed abroad ana the news
papers TO the length OF saying that the provinces VI
the Rhine have Deen refused To u.s. 49,. 81,
at results from my conversation with Benedettl thht
we should have all Germany against us Tor very sn
advantage. 49,, - 49,. -,
IL is important not TO let public opinion go asray on
this popt these rumOrs cOntradcted very cnerget
cay in the newspapers. have written In this sense 10
MI Drouyn de Lhuys He sends me to-day The CORES
UorddJce Hdrds, which noose. The true interest oI
France Is not 20 obtain; insignificant ACKNOWLEDGMENT
territory to aid Germany TO constitute herself IN
the manner tho favorable Ia onr interests ana To
those Uf Europe. ,,,,
Receive the assurance Of my sincere friendship
"NArOLLOS.'
EtnLa dor Al Heflu