NE WS OF THE WEEK.
THE event of the week has been the success of the French Loan, a success absolutely without a precedent. So attractive were the terms offered by M. Thiers—nearly double the terms, it must be remembered, on which England borrows money—that Europe esifered to subscribe seventeen hundred and fifty millions sterling. This prodigious offer is of course an offer merely, but as a deposit of 14 per cent. was demAnded as a guarantee for good faith, in .cash, bank-notes, or beat short-dated bills of exchange, more than £240,000,000 sterling was actually paid in. This is a hundred millions more than was required, and it is stated that the Treasury has eighty millions of it in hard coin. The result, says the Finance Minister, almost "stupified" the Government, which won- dered apparently as much at the confidence given to a Republic as at the wealth of France, which has subscribed and paid half the total. The Right is daunted by the success and the Bonapartiste are wild with rage, while the Republicans consider the Republic made. Frenchmen in general are even more gratified by the confidence which the world manifests in France than by the success of the loan, believing, what is in part true, that France will at once occupy a different position in the world.
