The Express. — 1858-02-03 (London, England)

EXPRESS FROM PARIS.  (FRO* 0171 OWN  PARIS. TI7ESDA7 EVYNING.  The measure which has been proposed to the Corps Legislatif is a prOet de lei entitled one to provide for the public safety, and it consista of certain additions to several of the articles of the Penal Code. Article 2 punishes with imprisonment of from one month to two years every individual who, with the object of disturbing the public peace, or of exciting hatred and contempt against the government of the Emperor, shall have practised any intrigues or carried on any correspondence either within this country or abroad.  Article 3 punishes the sale of murdereu engines without a proper authorisation. Article 7 declares u follows :  " Any individual may be interne in France or Algeria, or expelled, who was condemned, expelled, intern!, or transported in May or Jane, 1848, in June, 1849, or in December, 1861, and who may again have been pointed out by important circumstances as dangerous to the public safety." The privy council instituted to-day for the purpose, as the message expresses it, of learning the duties and necessities of government, in order that it may be prepared for the important task which it may one day have to fulfil, is, I believe, quite a novel idea. The men of whom this council is composed are all eminent and able, end m the Emperor says that they possess his confidence it would be difficult to object to the selection. There is a rumour, it is true, that M. de Persigny and M. de Morny are at daggers drawn, but the Emperor, who ought to know better than anybody else, evidently does not think so. The ministers are not very well pleased at the appointment of this privy council. It, in fact, rednoes them to ondsr-seorotorics of state each in their own department. They were not, it is true, much more previously ; and although they are frequently spoken of colloquially as a " cabinet," the word, as I have often had occasion to remark, was always inapplicable to them. There is no solidarity between the imperial ministers. They are under no responsibility to the public. Each is the separate servant of his muter alone, and events have frequently reminded them of a mot of Louis Napoleon after the coup rretat, that he did not want ministers bat only a good staff of clerks.  The Bonise opened with great animation, and the Rents for account, which yesterday closed at 69fr. 25c., rose to 69fr. 90c. ; but within a few minutes of the close of business a panic set in owing to a rumour that Lord Palmerston had demanded explanation of the military addresses in the ifbniteur threatening England with invasion, and that, the explanation not being satisfactory, orders had been given to pat the entire English navy into commission. Under the influence of this report, the Rente dropped to 69fr. 20c., being a fall of 15c. from yesterday. Mobilier fell 20fr. The railways were less affected than the Rent. by the panic,:butileft off in a very uncertain state.  Prince Christian of Denmark, the heir presumptive to the throne, accompanied by General Scbleyel, was, according to a telegram, to leave Copenhagen this day for Paris, on a miasion of congratulation to their Imperial Majesties.