1 JULY 1871, Page 1

Gambetta arrived in Paris on 26th June, and left ou

the 28th for Bordeaux, where he delivered a speech on the 29th. He is said to have accepted the present Government, declaring that a Government which could make laws, raise milliards, and suppress riots proved in those acts its strength and right. " Any one who threatens it is a factious malcontent." This is the bulletin only, and the text will probably, when received, soften these expres- sions; but they suffice to show that M. Gambetta thinks a Re- public may be expected to proceed from the provisorium. M. Gambetta will be elected for Paris and Marseilles, and his immense bold not only over all true Republicans, but all Frenchmen—in• .eluding the Legitimists, who pardon much to the man who did not despair of France—will enable him to exercise a serious influence over the policy of M. Thiers. He may even, as chief of the Liberal Opposition, be able to transmute a mere Dictatorship into a genuine Parliamentary government, holding the balance between the Thiers' party and the pure Monarchists. All observers appear to agree that the re-appearance of this one man deranges all pre- vious calculations.