Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-02-01
FRANCE.
IN TIE DEPUTIEs.


PARIS, January 31.-In the chamber OF
| deputies to-day, DeFreycinet read the pro-
gramme of the new cabinet. 1t Gets forth
that the policy of the government will be
only above all, calculated to establish peace
in the minds of the people, and at home and
abroad it will be firm and csnciliatory.
Liberty and progress are necessary for France.
The government will apply, in liberal
sense, all the laws relating to the press and
the right of public meetings. A bill will be
submitted sanctioning the right OF associa-
tion while maintaining the right of state.
The revision of the constitution ought to be
postponed until the expiration OF the term
OF the present legislature. The judicial,
military and educational reforms initiated by
the late cabinet will be persevered with.
The efforts OF the cabinet will be di-
rected to giving an impetus to labor. Nations
do not live by politics, but by busi-
ness The government does not intend to
propose a compulsory conversion of the debt,
or purchase OF railways by the State; no
efforts will be spared to arrive at definite
solution of the tariff questions, and for the
moral and intellectual improvement of the
people. DeFreycinet concluded his exposi-
ton of the policy of the new cabinet by
appealing to the chambers to give the gov
ernment their confidence. His speech was
received with cheers.
Say announced that the budget presented
by his predecessor would be Withdrawn.
Andrieux gave notice that he would next
Tuesday, submit a proposal looking to the
amelioration of the condition of the Paris
and Lyons bourses.
A grant of 6O,0OO,00 for military ex-
penses in Tunis during February and March,
1882, was subsequently, voted.
The extreme Left intend to interpolate the
government in regard to shelving the rev is
ion bill.
In the senate the governments declar alton
of policy was applauded.
The senate will proceed to the election of
apresident in place of Say, on Thursday.
THE UNION azNERALE.
LONDON, January 31.-The Paris corre-
spondent of the Times explains that the sus-
pension of the Union Generate will have in
one particular a favorable effect on the new
issue of one hundred Thousand shares
has been decided upon but not yet
made. 1t will, OF course, fall through, and
many persons who purchas these shares in
anticipation will be saved from heavy losses.
Deposits on which the Union Generate was
obliged to pay interest exceeded 10000, ,000f.
The collapse speedily followed its beginning
to buy its own shares.
Troops guard the Offices OF the Union Gen
erale at Lyons to prevent the populace from
engagements at Rome.
1t is asserted that Count de Chambord, as
well as persons of high position in the Aus
trian clergy and aristocracy, lost heavily by
the failure of the Union Generate.
THE BoURsE DEPRESSED.
The Bourse was depressed to-day, owing to
the deplorable accounts which reached the
brokers from provincial clients, entailing
heavier losses on the brokers than was ex-
pected, but arrangements with the market
will keep good, and, saving unforeseen events,
the settlement will be regularly overcome.
LEGAL PROCEEDINGS TO BIB COMMENCED.
1t is believed that legal proceedings will
be commenced against the Union Generate.
1t is stated that its suspension was caused by
the refusal Of London bank to pay 17,0c0,-
OOOf, which had been depended upon to en-
able the Union Generate to meet its liabili-
ties. Thirty-one strong boxes in the Union
Generates vaults were found empty, and an
examination of its books proves that when
Bentoux stated its profits were 81 900 ,000f.
there was really deficit of 96,00O. .000f.
THE sLossoN-vIGNEAUX MATCH.
In the termination of the billiard match
tonight, second game, Slosson resumed the
cue and made run of Sc. As the play pro-
gressed Vigneaux brought his score OF yes
terday up to 600, was soon even with the
American, and then shot ahead, finishing
the evening with q total score of 1900.
Slosson added only POS to last nights score,