3 AUGUST 1861, Page 2

Stanti.—The French journals ate still occupied with Lord John Russell's

speech on Sardinia, and the supplementary vote for iron-clad steamers. On the former question, the Monitear contains a single paragraph among its " London correspondence!' The writer says, "Lord John Russell's speech excited animactversion in England, which is in some degree reflected in the observations presented by Mr. Disraeli during the debate on the demand of Ministers for a supplementary credit for the augmentation of the number of iron- cased ships. Mr. Disraeli declared that he by no means believed in the design attributed to France of aiming at naval supremacy; and he expressed the desire that, by maintaining relations of a more inti- mate nature with this Power, the Governments of the two countries might come to an understaning On their respective maritime esta- blishments, so as to put an end to the feeling of disquietude which is constantly revived, and which occasions so much expenditure. The country and the House of Commons share largely in this respect the desire and the sentiments of the honourable orator."

Rumours are circulated at the same time that the Emperor has pledged himself to the Duke de Gmmmont to maintain the Pope, and is intriguing for the removal of Baron Ricasoli. Half these stories are false, but they keep the public attention fixed on the acquisition of Sardinia.

On the subject of iron-clad steamers the Paine declares that in no case can France acknowledge a limit to her marine development, ex- cept her resources and her wants. The Parisians, however, are re- ported to be surprised at the extent of English information, the Emperor having taken every precaution to ensure secrecy on the subject.

The Emperor, is intent on the exercises at ChMons, where his cavalry are being taught the use of the rifle, but he has released 20,000 conscripts five months before their time, in order to accele- rate the collection of the harvest.

The dissolution of the Legislative Corps is again agitated, and the Government is said to be anxiously weeding the list of the deputies in order to strike out all suspected of Orleanism. The Imperial au- thorities wish to effect an alliance with the moderate Republicans, a project which does not make much way.