3 FEBRUARY 1872, Page 1

It seems almost certain that the French Assembly will authorize

M. Thiers to denounce the English Treaty in order, as M. Thiers said, to prevent French "manufactures from being crushed by foreign products in her own markets." The final vote has not yet been reported, but a proposal by M. Gambetta that only the right to negotiate preliminary to denunciation should be granted was negatived by 415 votes to 192. That would seem to be conclusive, but the Assembly is subject to such sudden emotions that there is no predicting its course from one hour to another. It may yet accept the tax on raw materials, which M. Thiers has never given up.