27 FEBRUARY 1847, Page 10

On the authority of the Paris papers of Thursday and

its private correspond- ence, the Times gives a frightfully gloomy account of the financial position of the French Government The uncover.d deficit is 970,000,000 francs, or 88,800,0001:; and the department of Finance was incapable of answering the dernauds upon it. The members of the Committee of the Budget had been requested to mitigate ap- pearances and realities in their report; but even under this process the admitted deficit would be 400,000,000 francs (16,000,000E)