16 NOVEMBER 1872, Page 1

The speech is, on the whole, a victory for the

Left, whose career it clears, while the career of every other party is blocked up by the word "Revolution," and it is felt to be so throughout the Chamber. The Monarchical fractions are so frightened that they are con- sidering whether they ought not to pose in an attitude of union, or as they phrase it, to "effect a fusion of monarchical parties with- out a fusion of the Princes,"—that is, to fuse tea and milk, but precipitate the Theine or active principle ; and the Left have congratulated M. Thiele, who assured them he would not meddle with universal suffrage, and have, it would seem, half condoned his notion of re-electing the Assembly by thirds. At least it is they who say that such an election would after all be an election par tiers et pour Thiers, which sounds like a humourous acceptance of both, it seems to be quite clear that a fixed term will be granted to M. Thiers, that some sort of Vice-Presidency will be created, and that some power either of dissolution or veto will be vested in the President.