11 OCTOBER 1856, Page 5

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f 11111M—The monetary and rent crisis in Paris forms the staple of French intelligence. The excessive dearness of rent has caused a revolt of placards. Many persons were arrested at the end of last week for posting menacing placards in the streets ; such as " Tue ton pro- prietaire ; jo tuerai le mien !" " Mort aux proprietaires !" interspersed with " Cheap bread, or — !" " Several of them used disrespectful and even menacing expressions towards the Emperor himself." As the Funds have reached as low a figure as 66, the " Frondeurs " have tra- vestied the saying "('Empire c'est la paix," into "('Empire c'est la baisse." The drain of silver has contributed to the general malaise. " From the moment when the money-changers, about a fortnight ago, posted at their windows a notice to the effect that five-franc pieces would be purchased at a premium,' it is almost incredible the rapidity with which silver coin has vanished from circulation. Everybody began to hoard on his own behalf, either for convenience sake, or with the deeper de- sign of by and by turning a larger penny upon the proceeds of his accu- mulations. The premium, at first confined to five-franc pieces, soon descended down to pieces of two francs, one franc, and even half a franc, much worn as the latter coin generally is by circulation. The price paid, too, which was at first only about three francs on the thou- sand five-franc pieces, soon rose far beyond that rate ; and now it is said that as much as twenty or five-and-twenty francs premium has been paid upon a bag of one thousand francs, made up of any mix- ture of silver coins. The Bank set the example of refusing pay- ments in silver, the Mint labouring to supply it with two millions of gold five-franc pieces at the rate of two hundred thousand francs per day ; and now your butcher, baker, or grocer, will allow you to run to almost any amount in his debt rather than part with his small hoard of silver to give you change. You should see the face, too, which your omnibus-conductor makes when, endeavouring to look as unconcerned as possible as to the re- sult, you offer him a napoleon in payment of your fare of six sous. Most probably he flies into a terrible passion at this deliberate attempt at imposi- tion by forcing gold upon him and extracting silver out of him ; or, if he be a wag, and goodnatured, he will perhaps retaliate by proposing, with a grin, that you should take your change' m coppers' The people have just been net a little provoked by the refusal of the Government to exchange foreign sous against the new issue of copper coin, in the calling-in of the old copper currency. which has recently taken place. Vast numbers of Dutch, Russian, Belgian, and English pieces, have long been in circulation and passed freely for sous in France, as every schoolboy has experienced. But the authorities suddenly refuse to accept of these, even of the Belgian sous, in exchange for the new issue ; and the 30th Sep- tember being the last day allowed for the circulation of the old coinage, many thousands of ouvriers have been mulcted of a few pence in this mis- cellaneous form. After being, as they think, cheated out of their coppers, they are now teased and worried by the 'silver crisis,' and are paid their week's wages in little tiny gold pieces, which, when once laid down, their rude thumbs are wholly incapable of picking up again, and which at this moment possess the additional qualification of being the next thing to incon- vertible—at least into silver."

On Monday the Bank of France adopted strong measures to check the exportation of bullion. It declines to discount bills that have more than sixty days to run, and at the same time it restricts the conditions under which it will make advances on security. It will no longer lend more than 40 per cent on Routes, or than 20 per cent upon Shares or Railway obligations ; and in no case for a more extended period than one month.

Under these circumstances, the French Government has caused the lifonitner to publish a "report to the Emperor" on the situation, from M. Magne, the Minister of Finance. This report is a very long verbose document.- It opens by stating that the country has had to go through difficult circumstances—" war, cholera, inundations, prolonged dearth of provisions," have occurred at the same time. Yet despite these sad trials, "never was security more complete, order more perfect," &c. "The embarrassments of the situation arose from prosperity itself" ; and Government has had to control speculation. The deficit in the bud- get of 1854 has been reduced to 73,000,000 francs ; the deficit of 1855 will not exceed from 50,000,000 to 60,000,000 francs ; whereas the average deficits of the preceding five years has been 80,000,000 francs. Last year, the increase in the indirect taxes was 65,000,000 francs ; the increase for the first six months of the present year is 63,000,000 francs above 1854, and nearly 26,000,000 francs above 1855. The increase on all taxes for the first nine months of the year is 72,000,000. Thus there is reason to hope that the budget of 1856 " will have a real balance of ac- counts "—that is, no deficit. M. Magne regards these figures as a proof that there has been no falling-off in public wealth. Nor is the deprecia- tion of public securities a proof of the contrary.

"The depreciation of public securities does not arise, as every sincere man will own, either from a want of confidence or from a diminution of ca- pital in France, or from a want of solidity in the securities, but solely from their great number."

"Embarrassments can only arise from excesses, against which specu- lation, it is to be hoped, will know how to guard itself." The course adopted by the Bank has been wrongly understood. The Bank has only done what it did last year—increased the rate of interest and diminished the time for repayment.

" The embarrassments of the Bank, as well as of public credit, do not arise from a real bad state of things, but from temporary exuberance.

"The exportation of specie has been spoken of. The succession of bad

harvests, the purchase of silks abroad, and other less legitimate causes, have doubtless, had an influence on the export of our specie: silver especially has become an object of traffic to an extent to alarm public opinion ; it consists

in deducting from certain coins surplus value. 'This sorting, which tends to upset the general equilibrium of our monetary system, was formerly considered as a debasement, and was liable to very severe punishment. Modern legislation cannot be powerless against such an abuse, which has nothing in common with the uncontested principle of free trade. The Go- vernment of your Majesty is now most justly considering the subject. " But, on looking at the question under its general and permanent as- pect, it is evident, Sire, how fears entertained for the future are devoid of foundation. When, despite the accidental wants I have just spoken of, the amount of our exports exceeds the imports to an enormous figure, it is not possible that the balance which is in our favour, and which amounts to 1,360,000,000 since 1850, should not have brought us by our sales more specie than we have given out in purchases. A very remarkable fact con- firms this conclusion. According to the official returns of the Customhouse, France has received since the same period in gold or silver-800,000,000 more than she exported ; the first eight months of the current year figure in this amount for 72,000,000. Doubtless the returns for the exports may not be always complete, but the same may be said of the imports. What has be- come of this specie ? It is not lost, Sire ; it is in-the country ; it has gone into the thousand arteries of circulation which feed the numerous workshops of public works, manufactures, agriculture, commerce ; it provides for the new wants resulting from the development of social activity, and by its fe- cundity it increases the public wealth."

M. Magne finds another proof of health in the state of the treasury-

" The first two loans are settled; and the instalments of the last, which will suffice to liquidate the war, are paid up regularly. The public re- venues increase, as I have already observed, in a proportion never before equalled. The taxes are paid without cost, with rare punctuality, and even in advance. Money, flows into the public che4ts. The payment of the last half-year's rent-has left us with a reserve of 110,000,000. It must be evi- dent to every man in his senses that these facts are indications of a funda- mentally good position."

It is stated that a deputation of workmen from the faubourgs went to St. Cloud on Tuesday, to lay a statement of their condition before the Emperor, and to complain especially of house-rent.

111111.—The intelligence respecting the affairs of Naples is still confused. It is said that the Western Powers have resolved on more " energetic " measures, on one side ; and that, on the other, a " corn- inittee 'of resistance" has been formed at Naples for enrolling the Lazza- ;a-mi; while "there have been two French officers in Naples sounding Roil* opinion in the interest of Murat." General Martini arrived there 29th, and was immediately received by the King.

-von Martini was the bearer of a note from this Government to eapolitan Cabinet, and of an autograph letter from the Emperor Fran- to the King of Naples. In the former, Count Buol again urged 7-thri .politan Ministers .to yield to the demands of the Western Powers ; ...r-drollberados, plainly stated that Austria would be unable to intervene in fa- -:-.1ank-ofitlaples if a direct collision with England and France should be the -urtaittef her obstinacy. It is not probable that Count Buol in his note to the Neapolitan Government made any allusion to his more recent corrunu- . nicatisns to the English and French Governments; but it is well known

that he net concealed from the latter his disapproval of the measures

-which the opose to take against Naples."

The Colo Gazette states, that "the Cabinet of Vienna has addressed a circular no its representatives at Paris and London, in which Aus- tria protests ag t all armed demonstration, and demands energetically that -the Neapoli question, raised already at the Paris Congress, be brought before the new Congress which is shortly to assemble." The _Austrian. Gazette would appear to corroborate this. It announces that "the King of Naples has sent autographic letters to: the Emperor Na- poleon and Queen Victoria. The King announces that he is willing to send a representative to the Paris Conference, and to communicate his inten-

tions respeeting organic reforms and an amnesty." • Whether these statements are true or not, -it is something to find one feel bearing on the question.

" Ajaccio (Corsica), Oct. 7.—We have at this moment in our harbour the - British men-of-war the Conquerant and the Wellington. Admiral Dundas is on board. the latter. The approaching arrival is announced of three other English ships, of which two will be steam corvettes and one a steam despatch- boat."

A telegraphic despatch, dated Naples, October 4, says that the po- litical trials are concluded, and that the following sentences have been delivered- " Mignonna has been condemned_to banishment for. Zile, Mauro.Dangclis for twelve years, and the priest Deticco for two years. The monk Ruggiero and another have been set at liberty." ,

Tr I Belgian journal has started the rumour that the

King of Prussia has offered the Swiss Confederation the alternative of war or the surrender of the Neuchatel prisoners a very unlikely story,. The Gazette of Augsburg states that the French Minister dined on the President of the Federation on the 1st instant, "for the purpose ask', lag from him, in the name of the French-Government, an amnesty on behalf of the Royalists of Neuchatel." It is sitgigtiebtl,' however, that the prisoners may be exchanged against the renunciation of the King's paiu.—Marshal Narvaez has now arrived at Madrid. The Queen, " wishing to bestow an additional proof of her affection on her -beloved sister" the Duchess of Montpensier, has decreed that her child about to be born shall "enjoy the prerogatives of an Infante of Spain, together with the preeminence; honours, and other distinctions appertaining to so exalted a position." She has likewise expressed a wish that the Diplo- matic Body, or one of the members of each Legation, should attend the accouchement of the Duchess at Seville.

Z111413.—The splendid festivals at Moscow closed on the 29th -Sep- tember, with fireworks on a grand scale, and 300,000 people there to see. The French and British Embassies gave each -a grand farewell ball; and the balls appear to have been nearly equal in point of attraction. At the British, the Emperor danced with Lady Granville and the Empress with Lord Granville. After having had enough in the highest sets, the Em- peror stepped into the second, and, selecting Lady Emily Peel for'* ner, waltzed to his heart's content. During the dance, a "long 11- man," waltzing with Britishvigour, came into collision with his M e•sty ; and the Czar apologized to the gentleman, saying that " the crowd was so great, he really could not get out of the way." On the 30th Septem- ber, the guests began to depart in shoals ; the -fetes were over.

A letter from St. Petersburg says that the Emperor and Empress would not go on a pilgrimage to Kiev, as they intended, but would content themselves with a visit to the convent of St. Sergius at Troitza, which is

about sixty versta from Moscow ; and,ohmice-to ; and on the 5th of October would return to St. reterebte* rnakimg a ji0lemil eiitry into

I

that capital on the 9th instant. _

grktii.—A new trouble is reported to have arisen in the East : the Austrians seem disposed to take possession of the left bank of the Daamhe, The Paris correspondent of the Morning Post forwards the-folkiiiing report. " Official information has reached Paris that the Austrians have suddenly occupied Galatz with 4000 men. They have taken the administration of public affairs into their own hands here, and at other points of the Danube, Sir Henry Bulwer is about to return home, as these steps render the offices of the Commissioners perfectly useless. It remains to be seen if these events have taken place by permission of Turkey." Subsequently, under date " Mouths of the Danube, Sept. 29," the seine journal publishes a letter commencing thus- " We have been thunderstruck here by the intelligence that 4000 Austrian soldiers have suddenly pounced upon Galatz and occupied it—done the same at Ibrail—and seized all the ports of the Danube."

At the same time, there is a general statement from Constantinople to the effect that " an order, received by telegraph from London, directs that three steamers and six gun-boats shall reenter the Black Sea." A telegraphic message states that "the railway of the Euphrates has been definitively conceded to an English company."

The Minister for Foreign Affairs, Fuad, has addressed a circular to the Ottoman agents at the Courts of Europe with the object of showing that a claim which Moldavia makes to the islands of the Lower Danube is unfounded. It is urged that Moldavia acquires the islands with the slip of Bessarabia ceded by Russia. The Turkish Minister says they never formed part either of Moldavia or Bessarabia; that they were placed un- der a peculiar regime by the treaty of Adrianople, but as that is abro- gated they revert to their former rulers.

Captain Magnan, the member of a Lyons firm, has had some ad- ventures-in trying to make use of the Danube and its tributaries. He first sought to navigate the Pruth and the Sereth in small steamers this was refused. He next tried the Danube : there was no prohibition to stop him, but an Austrian vessel ran into and mashed his little craft. Captain Magnan brought up another ; and in her he successfully found his way even through the Iron Gates—much to the disgust of the Austrian Danube Navigation Company. It is now said that he is backed by French -diplomacy, and that he will steam up to Vienna, and 'thus initiate the first speculation that is to break the Austrian monopoly.

ni1 $taits.—The Atlantic arrived at Liverpool on Thursday,

with advices from New York to the 27th September.

The news from Kansas speaks of a new turn in affairs there. Go- vernor Geary, as already intimated, had disbanded the Volunteers, and called out the-regular Militia of the State. All armed men were either to disband or quit the territory. And while he gave these orders, the Governor issued an address calling upon all the citizens of the Territory to obey the laws, and to conperate with him in enforcing them.

"I cheerfully admit that the people of this Territory, under the organic act' have the absolute right of making their municipal laws- and from ci- tizens whe deem I themselves aggrieved by recent legislation would invoke the utmost, forbearance, and point out-to them a sure and peaceable remedy. You have the right to ask the next Legislature to revise any and all laws; and in the mean time, as you valqe the peace of the Territory and the main- tenance of future laws, I would earnestly ask you to refrain from all viola- tion of the present statutes." The Free-State -men complain, that these very laws which they are asked to obeyx, hedged Iround as they are by test-oaths, actually pre- vent them from taliapi any part in the election of the Legislature com- petent-to alter the laws?---...Aplie time the Governor was displaying this activity, the Border Ruffians were moving upon Lawrence. So far as we can -gather from the confused accounts, the United States troops intervened, had sent'- the Borden-Ruffians back to Missouri, and had taken possession of Lawrence. The Governor with a body of dragoons, pursued Lane with .a view of arresting him, and drove him into Ne- braska.

There has been a great Republican meeting at New York. Mr. Banks, the Speaker of the Reuse of Representatives, met " the largest and most respectable" assemblage ever held in Wall Street, and ex- pounded to them with great force and spirit the views of his party. For the future, he said, the North mean to divide the little matter" of go- vernment, hitherto almost monopolized by the South, with the gentle- -men from-that region. One ,effective portion of his speech exposed the " theft.oftarzitory doctrine " of the Democrats, and proposed to substi-

tute for it treaties of reciprocity. - .

Mr. Amos B. Corwin°, sent as Commissioner to inquire iD,to the out- _rages inflicted oaAmelican citizens and property at Piet6m in April -last, has made :a report; He considers that the New Grenadian Govern- ment is responsible for the loss ; and demands indemnity to the -amount of half a million dollars. He desert •• P. •,,Government as utterly unable to-'protect life and-property, and he r t•"T ds "'the immediate occu- tancy of the Isthmin, from ocean to oc' by the United States, as-thee best practicable mode to insure safety and tranquillity to the trafialc- unless New Granada,. _after the proper representations shall have been made, and the neces.iary deniaild'reutde upon her in pursuance of treaty stipulations; den satisfy us as to her ability and inclination to afford the proper protection, and make speedy and ample atonement-for the wrongs inflicted-upon our countrymen by the people and officials of the Stateof Panama."

On the other hand, the New Grenadian Government question the accuracy Of his report, and impute most unfair conduct to the American Consul.