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Affairs look badly in France. The middle classes and the

lower sections of the Army are bitterly annoyed with the failures in foreign policy ; the Parisian bourgeoisie hold Mexican coupons which they thought guaranteed, but which have turned out worth- less ; the peasantry have been worried by the Army Reorganiza- tion Bill ; the skilled artizans are thrown out of work by the cessation of speculation ; and the labourers complain of the price of bread, wine, and lodging. Already Government is paying the bakers to keep bread down, and the terrible placard "Bread or Death" has appeared in three cities, and, we are assured, in the Fau'bourg St. Antoine. All this bodes ill for the tranquillity of France, and therefore, in 11, less degree, for the maintenance of peace.

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