16 SEPTEMBER 1848, Page 11

A great sensation was created in Paris yesterday, by the

news that the friends of General Cavaignac and a large body of the Republicains de la Veille have resolved to bring forward in the Assembly a proposition that the President of the Republic shall be elected immediately after the pass- ing of Article 15, which determines the mode of election.

Through the Iffoniteur, the Government has thought fit to make the formal declaration; " that its sympathies are in favour of MM. Edmond Adam, Gervais of Cum and4forace Say," as candidates for the depart- Manta the Seine! It is stated that M. Horace Say has retired; that M.

Gervais of Caen has no chance; and that M. Adam will succeed

didate chosen by. the Opposition before the Government " synIliftWaSAVAS

were declared.

The debate on the Constitution preamble ended on Thttraday, sooner than was expected; M. Mathieu de la Dthme withdrawing his amendment, and M. Glais Bizoin moving a modified one, that the Republic should re- cognize the right of all citizens to be instructed, and to exist by labour and assistance. This, though supported by Lamartine, was rejected by a majority of 596 to 187.

A notice has been issued by the Finance Minister, offering to receive an- ticipatory payments on share-certificates of the Paris and Lyons Railway, at a discount of 4 per cent: this was taken to indicate great want of cash, and it caused a fall of 2 francs in the Five per Cents and of 1 franc 25 cen- times in the Three per Cents.