The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-08-18

in his family. The Imperial Dynasty is, there.
fore, placed above discussion, and the only ques-
liamentary discussions are to be allowed to
influence fairly the Imperial policy. There
would be little objection to letting the Adminis.
tration canvass for the Imperial Government, if
they did not too pointedlY affect the canvass for
the Emperor. The Emperor cannot keep
Cabinet, and be his own Minister, wi hout de-
claring the Constitution pretense, and giving
his Government that personal character which
deprives the Opposition of all legal utterance,
leaves il no room for discrimination between
the Sovereign and his rule, and justides it in
any length of vi oleDt hostility against BOTH"
COAdItioh ofIhe subscriptions,
The Paris Moniteur of August promulgates
the bill on this subject lately adopted by the
Chamber, and at the same time publishes an
imperial decree authorizing M. Magne, Minister
Of Finance, to proceed by public subscription to
the aliena ion OF such al amount of 3 per mt.
rente rs VIII produce capital OF 429 millions Of
francs and a supplementary sum which cannot
exceed 2l 100000 in conformity with the bill
IN question, the said rente to be issued at 69f.
25c., with interest reckoning from ulS 1, 1868.
decision of the Hon. Minister follows, laying
down the conditions on which the operation Is to
be effected. The following are the essential
polDts:-The subscription will be opened on
Thursday next, the 9th of August, and continue
to the 18th, inclusvely, Sunday comprised, from
nine in the morning TO three in the afternoon,
and on the last day until five, at the folio wing
Office, rue LOuis-legraud; Calsse des DeDots ct
ConslgnatIons, Sc rue de Lille; Hotel de Vile
and Mairies of the twenty AFRO adissem ents, and
in the departments at the offices of Receivers of
Taxes. No subscription Will be received for
smaller sum than five francs Of rente above that
amount it must be for ten francs aud multip.es
of ten francs. deposit equal to the yearly In
terest OF the sum applied for must be made at
the moment of subscribing, and for which a re-
ceipt with counerIoil will be given; thus Tor ye
francs Of reute the sum to be paid will be five
francs, and so on. Should the total, subscrip-
tiens exceed the sum OF 420, 900 000f. and the
supplement of Il 500000t. fixed by the la Y, a
proporlionate reduction will be male, except
the application for five francs of rente, which
will be granted in full. TIE ymeot of the
capital will be effected as fOllowS:-One-tenth,
including the provisional deposit, on the ex-
change Of II e receipt delivered on subscribing
for the certificate OF loan; the remainder in
eighteen monthly instalments payable on
September, 1868, to the 2lst of February,
1870. The dividends of the 1st of October,
1868, 1st OF January, lst of April, 1St of
July and 1st of October, 1869; and 1st of Janu-
ary, 1870, will be deducted from the instalment
OF the 2lst OF the preceding month. Payments
in advance, at the moment of subscribing, will
only be received on demands for ii We francs of
rente, which are not subject to reductions; a
discount Of two per cent. per annum will then
be allowed from the date OF the closing of the
subscriptions; alter the allotment, anticipated
permitted only on certificates Of less than l0Of.
of rente, and the same deduction of two per
cent. will be accorded. The dlscountng of the
calls on scrip of l00f. rente and up wards can
only be authorized by decree of the Minister
OF Finance inserted IN the Monueur.