The chief topic of discussion in the French papers is
the ru- moured reduction of the interest on the Five per Cent. Debt. This measure is demanded by the people in the provinces; but the formidable body of stockholders, residing chiefly in Paris, view it with strong displeasure. A panic at the Bourse, on Wednesday and Tuesday, produced a declaration in the Ministerial j ,urnal, the Charte, that the Government had as yet determined upon only one point with reference to the proposed reduction,—namely, that it should not exceed a half per cent. Upon this assurance, the Five per Cents. rose immediately.
The accounts received in Paris from Constantine mention the continued prevalence of sickness in the garrison. There had also been a scarcity of provision. For fifteen days the garrison had no bread or wine. It is said that the military officers at Constan- tina, who know something about the country from actual ex. perience, are very much averse to the plan of colonizing it. They recommend a treaty with the Bey, and the surrender of his capital to him on certain conditions.
The Austrian Emperor has given offence to Louts PHILIP by ordering the Duke of BORDEAUX, his sister, and the Dutchess of ANGOULEME to be received " with all the honours due to their rank," at Gorit z ; where some troops have been reviewed. This is the talk of Paris ; but it is probable that Louts PHILIP disre- gards these impotent insults, as he well may.
Previous page
