The Express. — 1855-09-25 (London, England)

FRANCE.  (MOM ODA OWN  PARIS, SONDAT ETINIMO.  The following despatch announces the arrival of the Simois, but does not say that the ship brings Marshal Pelimner's expected despatches : "Marseilles, Sept. 23. I " The Elimois briop Constantinople news of the 14th. A Ti Deum had been celebrated on the occasion of the taking of Sebastopol. Great enthusiasm pre, veiled. The Emperor Napoleon's expressions relative to ne— laud Pacha had made a great sensation" "According to letters from the Crimea, the northern fort and the Russian skips had opened a violent fire, on the Bth, against the positions conquered by the  "The Presse d'Oriene reports that the Russians had destroyed the forts of the roads. They had blown up the central bastion, and the forts St. Paul and Nicholas. Fort Alexander and Fort Quarantine had been in part burnt. It was rumoured that the Russians were marching towards the Mackenzie heights. The brigade of elite of the Sardinian army had fought side by side with the English. Fifteen hundred Russian prisoners were taken in the Malekhoff. There was a report that the Russian general Osten Sacken had committed suicide. It was confidently asserted that the fleet would bombard Odessa, and that Marshal Pelissier would pass the Talisman to attack the Russians.  "The French general, M. de La Mottexonge, was wounded."  Of the above news it is to be remarked, that all that is new is very doubtful. The following telegraphic despatches have been received:  " Vienna, Saturday. "Letters from Naples confirm the changes in the Neapolitan ministry. The Minister at War, Prince habitat's, is superseded by M. Picena, but be is still to receive his salary. General Winspeare has bees appointed Secretary of State; and M. Bianchini, director of police, in the place of M. Mazza. It is hoped that these changes will satisfy the Western Powers." The  publishes a letter from its Vienna correspondent, from which it results that Austrian finances are in a much better state than people suppose, that all the rumours of the Emperor to oouncil having rejected Baron de Bruck's plans of financial reform are unfounded, that on the contrary they were approved of by his Majesty before he lett for Ischl at the beginning of the month, and that when a few minor details are settled they will be carried into execution. The correspondent proceeds to give a sketch of what these plans are, assertioF by way of preface, that they are not mere palliative*, bat go to the root of the evil. It appears that a principal symptom of the disease in the Austrian snobsquer is what, in the simple but expressive language of a Chinese financier, would be called " the excessive oozing out of the Sycee." The bank stopped payment in 1848, and its paper has been at a discount ever aim. The discount, which at times was as much as 70 per cent., ruled at 26 per cent. on an average after Baron de Bruck's retirement from the ministry some time since, but since, his return to power it has been reduced to 10 per cent., and even lower. The new finance minister wishes to do away with it altogether, and the correspondent wisely argues that this result will necessarily be accomplished as soon as the bank shall be in a condition to resume money payments. It is said with equal acumen that to attain this grand object the amount of cash in the bank coffers must be augmented so as to respond to the requirements of the regular circulation. The government intend., it is said, to repay to the bank the remaining amount of the money owing to it by the state, by means of an " ingenion. combination, which deserves to be explained. Austria, reported to be so heavily burdened, " has resources of which foreigners little think." The correspondentfindsit convenient to forget that these heavy burdens, now made so light of, were but a few days ago urged in the columns of the Constilutionnel as an unanswerable reason why Austria could not join the Western Powers in the war. However, he proceeds to say that at a moderate valuation, the state domains, mines, and railways are worth 1,600 millions of florins. It is proposed to amigo the domains to the bank as a security for the above-mentioned debt; but in order to avoid the evils of a too hasty throwing upon the market of a great quantity of real property, a mortgage bank will be created, with a capital of 100 millions of florins, the lobate. to be paid for in specie and not in paper. This, the Cbnstassiionnel says, is the bank of which the journals have talked so much without being able to indicate either its object or its mode of action. This bank will have the power to sell or mortgage the state domains in proportion as the National Bank of Vienna may have occasion for cash. The sales will be made under the surveillance of the Finance Minister, so that the bank cannot sell more than sufficient to realise the amount of money owing to it. It is suggested that doubts have been entertained whether the interest of , 6 per cent. offered to the shareholders in the pee-1 posed mortgage bank will be a sufficient temptation I to attract capital, seeing that other investments—the Austro-French Company, for example—hold out greater temptation. And this, "perhaps," may be the reason why Baron de Bruck listened to a counter project submitted to him by M. Isaac Pereire, on the part of the Credit Mobilier Company, which " combined conditions singularly well adapted to the financial state of Austria with a scheme for a much smaller amount of capital than that proposed by Baron de Bruck for his mortgage bank." The correspondent then, without telling us which of the two schemes has been adopted, and leaving it, in fact, to be plainly inferred that both are still sub judice, jumps to the comfortable conclusion that at all events Austrian Bank paper will be no longer at a diaconut. He then gives some explanation., not sufficiently clear to be interesting, of the mode in which Bares do Bruck hopes in three years' time to make the receipts balance the expenditure ; and concludes with the remark that the Austrian national debt, 1,693 millions of florins, exceeding but very little the value of the state domains, mines, and railways, the financial situation of Austria is far from being dangerous. A great deal of business has been done at the little bourse on the boulevard. Credit Mobilier rose from 1,270 to 1,360, in consequence, it is said, of differences in the management, and between the company and the government, having been arranged. Toe Minister of Public Instruction has granted a week's extra holiday to all the public schools and colleges, in honour of the taking of Sebastopol.  a This alludes to the alleged exponsion, " greet