The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-07-18

great reform will be carried out Notwithstanding
Is only necessary that the three great nations at
the mead OF the commerce Of the wOrld-England,
france and the United States-shoud decide on the
adoption OF some particular coin OF equal value IN
each to force the OF the world to carry the
same monetary policy. 1t may not be generally
known that active and perseverlng endeavors are
making to induce the three governments IN question
to come to fna resolution on this vital point, and
within the last few days the chance Of early solu
tlon has greatly Increased. commission OF distin-
guished persons, appointed some time since by the
French government to investigate this important
subject, have just decided two essential steps
FIRST to recommend that hereafter gold shall be the
only legal standard In France, instead OF
gold and silver, as hitherto; and next,
that new gold coin OF twenty-five francs
should be issued, Of equal value to the
English sovereign. There Is little doubt that laws
win soon be passed to carry these important sugges-
tons into effect. In that case q uniform coinage
will be established between England and France,
vastly to the commercial benefit Of BOTH 1t will then
remain only for the United States TO strengthen this
great reform In monetary legislation by slightly
modifying the value of our half eagle, and We
snail have henceforth a common standard of
value In these three leading countries.
The half eagle is a tribe heavier than
posed twenty five franc new French coin; but II
France Is willing to issue coin in the face OF
the prejudice and opposition TO 80 great innova-
tion 1t Is to be hoped that our government and pco
pie will exhibit equal sagacity and love OF progress
by adopting the required steps 10 per.e this great
measure of uniform international coinage. Great
credit is due to M. de Paren, President of tile Coun-
Gil OF State, for having accomplished SO much
towards solution OF this great question In France;
for, strange to say, there is no other country in
Europe where 1t is difficult break through usage
and overcome the obstinate resistance of routine.
No less praise Is due to one OF our own prominent
citizens, s. 3. Ruggles, of New York, whose zeal and
assiduity have known no bounds in pressing on to a
successful conclusion Of the greatet re orms or
tins commercial century. The present Chancellor Of
the English Exchequer has displayed no less energy
and astuteness in giving his sklrul cooperation 10
all that has been done to consummae This grand
scheme OF uniform coinage.
ORLEANIsM.
In the dearth OF other topics unusual prominence
has been given to a petition sent over to The
French Legislature last week by the princes OF the
exiled Orleans family. After the fall aud hight OF
the late King Louis Philippe law was pa sed by the
from the SOIL OF France. Notwithstanding this
prescription the family have been allowed TO draw
saving say cersn poro Of Il s as sou
1851, as II was proved to belong TO the national
domain and mad been Illegally appropriated by the
eXKing. There Is not the slightest probability OF
me Orleans family being allowed 10 return to
France for various reasons. Truly it was not tins
Next, there is sympathy for this family tler IN
the Legislature 10 which they have appealed or in
the country which the members represent. Again,
of Orleans passed laws of banishment
on their own cousins the older branch
w IN
been exled after the downfall of Napoleon ]. II Is
thought here very presumptuous OF the Orleans
family, after such anreccdents as these 20 come for
ward and demand as right their return to France.
The claim in other respects is regarded absurd as
1t Is evident their only purpose In seeking take
up their abode in France is to engage In consp!ra.
cles to upset the present dynasty and substitute
enough Of conspracIes and dsoroer NV yen nIs
and socialists Tor years past. and now thai the late
almost unanimous expression OF national feeling in
favor OF the actual government has guaranteed the
future tranquility and prosperity Of the land 1t is
not likely that any heel will be taken of the frantic
proposition OF these Orleans pretenders. In these
days OF universal suffrage the vocation OF pre-.
tender Is really gone. The only chance the Orleans
people have OF ever getting to the top Of the heap
and of that there is mighty little prospect for long
time. II ever. The BOnapartes are more popular
main so.
AN Ex-QUEEN.. c7.
Isabella, the ex-queen OF Spain. is Twin, in Paris,
as you know, and after a long struggle she has made
up her mind TO abdicate In favor OF her eldest son.
the Prince Of the Asturas very little notice has
been taken OF this sham ceremony; for who in Spain
or out OF 1t cares whether she advocates maintains
her claim to position she has utterly and forever
losta II her son were grown up her chances of re-.
covering the Spanish throne would not be by any
means desperatc bat he Is only twelve years Of age
and that is serious impedment to his restoration.
PARLIAMENT.
The Legislative Chambers are still sitting, but not
doing much WORK. The Lower House is ham
mering away at some small measures OF no great
moment such as the new mode of eectlng the
Mayors The members are all anxiously waiting Tor
the presentation Of the annual budget appropra.
ton bill, as we call IT, which VIII no doubt bring on
Il lively discussion. There la an earnest determine.
ton on the part OF the Legislature to cut down the
to hen The BURDEN Of taxasom Miss seems ems 10 10
be the general tendency Of all nations now a days,
for Prussia, England and the United States are
all engaged In the same salutary process. The
only substantial fault OF the Napoleonic regime has
been too lavish outlay OF money, but the Emperor
Improvements OF all kinds he has efected to justify
the great increase Of the national debt during his
It is admitted that the tin Time has come gS for ereaper
economy and less taxation. The Chambers have
now the complete control Of the national purse
strings, and they mean hereafter to scan most care
fully every item OF the budget. The Deputies OF The
opposition VIII be Of the hearty support of pub
doubtful and unjustifable expenditure, but the gov
ernment knowing this, intend to give them as lew
All thu eea nsrs to are ssop p1z f fl e
kind OF expense that might be considered
unnecessary VI GAlaVagau AM thiS is tne reason
why the budget has not yet been brought H. Theirs
Is waiting for 1t with mpatence, for one excels
him in financial disqnsiltons and nothing affords
HIM such keen delight as to display alike his mas
terry OF the subject ana his ability to annoy ana
worry the government We shall have some fine
fitting when this debate comes on
and above all splendid set-to between Theirs and
Olivier, who owes the former heavy grudge for his
repeated attempts TO upset him. IL was suspected
here little while ago that the Emperor was dis
p scd to get rid OF his new constitutional Minister
Olivier and his rivals rubbed their hands in gee
and set to work intriguing in every imaginable
way to preciptate his downfall.
One In particular Clement Dnbernois. who be-
sides being deputy, presided over journal which
is said TO be the property OF the Emperor mean
the Peuple F,ancats-did not hesitate to attack him
sayagey, expecting no doubt, every day TO hear OF
his resignation. But 'the poisoned chalice was
commended TO his own lips, for 1t was suddenly in-
timated him that he had better give up the direc-
ton Of the said journal, which he was, or course,
obliged to do, and another person has taken his
place who treats Olivier with the greatest possible
resnect Ii is paln from the latter incident that the