Newspaper of The New York Herald, July 3, 1848, Page 1

Newspaper of The New York Herald dated July 3, 1848 Page 1
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% t it , NO. 5142. Aspect of Affairs in Earop-3. ' VIEWS AND NEWS FROM THE ? SPECIAL CORRESPONDENTS OF THE IMFW WSX- STCRAm Our 1're m il Curmitoiulcnct'. Paris, June 0, 1S18. Government hat fatted the Critit. Tliti govern:-. cut lias pa: ,-cd the crisis, ami emerged safely from the condition iu which it wan placed llireo days since, by u concurrence of untoward eveuts, and the want of u little more firmne.-s and unanimity of sentiment; indeed, a want of firmness, for the moment, came near overthrowing the existing administration. These difficulties luvro been removed, and the elfeetivo measures iutrodueed by the oxeeutivo to the Assembly and by M. Marie, its organ, th refore, powerfully and courageously sustained, not only drew out the applause of the Assembly and secured five-6ixths of it for the measure, but lit. - given on'-r to I'ari and mail all feel that France is governed. Marie was an ekxjueiit ad, vocate before lie In came a member of the provisional government and the opposition to the 111 uro, and some personal remarks, drew him out iu his power and glory, and the As-einbly were electrified by his power and force. What an inspiring being a man is in such moments. All parties were annihilated by this effort of Marie, and some liundi J-. were thrown into raptures?tliey ail exclaimed, -,wo have a govoiutueut, end wo will sustain it." Still the press, who dcslro not to bo satisfied, c inplain of tho measure against thu attroii].emcnli.-. but it is manifest that, liotwith: tandlng tho people generally are well sati tied with it, 1 con sider that much, very much has boon gained tho last three days, and that tho prospect is again fair, f r.nd tho match i f the republic onward. Dut the agents of England and the different dynasties are busily at work, secretly, to create dilllcully hero and there, and to report a vast deal more than uctnally exists. After all.their agency in tho mat ter, and the amount of money they expend, which is enormous?ono man bought one thousand tickets to tho tiro sous banquet. since the rigorous measures which the government have adopted to prepare for that contingency, tho loaders have announced that the time and place of holding It is ii ncertain, but that tho price will be tho same wherever it may he held. At the same time the London press is denouncing every financial measure proposed by tho government, and crying down the credit of tho country, and tho country it elf. as bankrupt, and yet Franco is really tho richest nation in Europe, and Iter public debt is less tluin ono-llfth part that of England. Surrounded by those enemies from abroad, and tbo ncecssni y difficulties growing out of arevoliui u, and | a mere temporary government at borne, what an example of magnanimity, forbearance, puticucc, courage, and humanity. France lms given to Europe. Every person is well fed and clothed in France, while iu Eng ' land, which is libelling this country, and democracy a republic, and the condition of Krauce. as those of anar chy, the people uro deprived of the necessaries of life, and thousands have actually died of starvation, iu Englnni proper the last year, to say nothing of the million who starved to death in Ireland, and for whom England is a - responsible, as if they had lived ou tho south side of the channel: because Ireland is subject to her laws, andreally a part of the nation as much sons England proper, if then, a million of people had starved to death in Franco or America, what would tho London press have said ? and yet, when thu people of France are well provider! for anil happy generally? veiy happy in their condition?because thoro is n temporary embarrassment in tho mercantile community, , England can see the evils of France in its most aggravated form, anil daily dwtlls upon it, while it is blind to the poverty and starvation taking place daily under its own inspection, and among its own people. No people hut the Knglish have tho nuulitioB of heart to follow such a course of couduet. Is not tarvation and degradation at their own door more to be regarded than the mere mercantile embarrassment of another countries? 't he press throughout the world ought to speak out more fully. OBSE11VER. Paris. Juue 0, 1S4S. The J'ote? I's Extraordinary Features? Bonaparte i Elected?One of the 1'risoners of the 11,*A on the List?Delate on the Offices and Salaries, and their In compatibility?Fire Offices now held by one Man? about the Aveiagt under Louis Philippe. J The voffc In the Unnlicues has changed the aspect of the elections considerably, and in some respects unex pnotedly. Prince Loui3 Napoleon Bonaparte is elected a moujber of the Nationul .Assembly from Paris, and stands the'eighth on tho list. Four hundred and seventy four thousand one hundred and seventeen names were inscribed on tlio lists of voters in Paris and the Banlicues. of which 249,300 voted . and tin- candidates chosen, and the number of votes'respectively, are as follows : Caussldicre, 1 '7,400 ; More.in. 120,689; Dondcliaux, . 107,090; Cbangurie. 106,509; Thiers, 97.394; Pierre Lcroux, 91.395 ; Victor Hugo. 86.90j ; bonis Napoleon / Bonaparte. 84.420 ; Charles Lagrauge, 78.082 ; Boissel, 77,247 ; Prcudhun, 77.094. These names embrace every variety and shade of opinion, political, social, and moral, which it is practicable for eleven men to possess from an extreme tendency towards monarchy, to a like extreme towards anarchy, and but two, out of the number havo received a majority ot the votes polled. The announcement of the name of Iinnaparto was received with tremendous applause. This election settles the question of bis banishment, I think, and I "expect to see him tome into Paris in triumph, ile has been elected principally by the party the most extremely radicalopposed to Thiers and the government; Thiers too. lj * opposed to the government, and (ho government to him. So there arc now the two extremes, on the right and left of the government.and both opposed to it; and yet there is no certainty in the Assembly, which party will vote with It to-day. or against it to-morrow. On some questions, one extreme is with the government, and on other questions opposed to it in France, they divide over certain questions. On the question of the railroads, the extreme radicals are ith the government. On the question of opening the attroujn mmlt, they are against the gov> '4mueut. and the position of the other extreme Is vi<r versa. The Bonapnrtists In the Chamber, go with the radicals. I think, generally. I presume the Prince will occupy the same position. I Yet 1 think there is a very decided disposition, to give the government all the force nnd means it asks to sustain the demonstration, preserve tho public order, and to progress with the business. Indeed, it amounts insentiment to something like re-unaniuiity; audin France, as In Knrland. you Ami no considerable party against Its country. In pence or war, in questions of foreign policy men sustain their country, and no Frenchman, in foreign countries, is compelled to blush lor the libels poured out upon his own country by the Francli press. Ilaepail. whois in prison, had 71,077 votes, and is tho / fourteenth on the list. * Before the Assembly yesterday, tho debate commenced on the report of the committee on tho incompatibility of [olllcos nnd cumulative salaries. This ^urauuu uuixii/ i.m ^iiiuhjiu ui tuu imnilbers, and liavo a powurlul tulluoncn on the future prospects of the republic. The evil at present is a crying one; it n< eds to be exterminated; it overthrew the old dynasty, and it will bo an ulcer in the body politic of Frauco. until it is extirpated. Some men uow are occupying and receiving the salaries of five different offices. "What. an outrage upon the rights of a people, and the laws of common honesty! ( an a man discharge the duties of five men? and should lie rocolvc tho 1 pay of five men. without performing their duties, and excluding others, who are equally worthy with himself? But leading men aro in thc.so places, and it requires Integrity for a man. acting its a representative, to vote awuy his own offices. Then there is another extraordinary feature which tho people will Irani to correct?(lint is. the election of so many public functionaries as members of tho Assembly. The wisdom of the Austriuns was nover more conspicuously exhibited. than in excluding from tho Legislature all public functionaries. Lending men, I am sorry to say it. but. it is the truth?leading men. many of them, are the gn atest enemies to a true republic. In t their want of lull gilty and rapacltv. to perforin well their part, they are the principal difficulty In the way of forming and maintaining republics in Kurope ; and our people cnu never too much venerate the name of "Washington, for the example of virtue which 1m set tho world, in our infancy. Indeed, every year's experience of the dii-boii-sty and faithlessness of pnbllo men. malic mo lovo more and more to cherish tho uame of Washington, and the recollections of his spotless purity and oxaltcd Integrity. The influence of his example is more mighty and enduring than armies, in tin establishment of free Institutions, and in the successful issne of the struggle between freedom and despotif ni. OBSKRVF.lt. 1'. 8.- I ndcr Louis Philippe, GOO.O'lO offices were held py jou.< uu men. Tab is, .Juno 10,1818. Demonstration against Thiers?Chnrgt of the Dragoons - French Women Soldiers?Modern Joans of . Ire? Capture of the Citadel of Messina--Insurrection in Naplei'contiusste. The election of Thiers by about 90.000 v<tos out of 400,000 ftnd more of voters, in making a great deal of discussldtl in Purls; anil this, taken In connexion with tlio fact that he Is elected iu three or four other departments. lias orcatod an Impression, which will produce a pollllcnl effect. The Harbi n wen. who have had an influence creating fear about this state of nlfatrs, an J ret iulluereo by acting freer, and the Impression he pre-cut government was not sufficiently severe fflelent In Its measure! to preserve order, aro Oft strong demonstrations of their displeasure ffh the pri ss and tho inn ^cs in the streets. They V H Use governmrnt are equally di<pi, '. < d with th? f E NE i easily bare defeated it. Soy-too. of the voters who remained at home, numbering 100.000 or more, who were , not satisfied, probably, to take any particular course in the then exciting state of ufl'airs. Night before last, the masses of whom I spoke at St. Dents and Martin the mischievous part, i mean, separated. and at twelve or one o'clock, by consent, took two reads lending to the house of Thiers, around which they assembled, crying, ' .//><;? Thiert, <i bat Thieri"-, and forciably broke in his windows. The dragoons , cume. at the first notice of what was taking place, and charged upon them, and tlio boys separated, till the horses liud passed, and then sprung forward and .. IUII*, U UUI1I8 "II. <?UIA citing ??m i Th:'trt! ti I us ThiersV' to the infinite amusement of those who were spectators. The French have no fear; are quick in thought and decision; and always aot iu concert, under a chief of division. They couimenco ' this system of order and discipline in their infancy, among both female and male; and the one is about as well trained in this respect as the other. All the French women stand ready, at a moment's warning, to put on pantaloons, and light in the ranks of the army for France; and thero would be no more hesitation on their part than In performing their dally duties. Ask auy French woman if she would put on men's apparel, and take her place in the ranks? and she will answer you yes, with an expression, if nothing more, of surprise that any one could doubt it. 1 have no question that one hundred thou.-and such volunteers could be had, at tiie tap of the drum, to invade England, in case of war, and ail insuiliciouoy of meu for this purpose. AU the women who go iu the array now, wear pants anil a i coat eoniiDg down to their knees, a hat tied with j tri-colored ribbon, and their entire Ureas 111 uniform with the regiments to which they belong. 1 have seen great numbers of them currying their muskets and swords, and marching in the ranks with as lirm a step and soldierlike air as any man in tile platoon; and wherever they are seen, they are always finely dressed in their uniform. AValkiiii; alone, in the ranks, or iu company with a soldier, they exhibit the same proud i ami military air. a dignified and toldierllke appcaranoe; and'their conduct is as decorous, undtheir language as circumspect, us uny oillcer on the field. There is no I sen.-e of degradation existing, either on their part, or on that of the community towards them, indeed, perhaps the most of them are the wires of soldiers; at all j events, they have learned the duties of a soldier, and a ' decorum of conduct, which they never forget. From the specimens of female soldiers which I have seen so fn quently, 1 can well understand and appreciate the heroism of Joan of Arc. her pride of character, and the wonderful deeds of during which she accomplished, and the victories which she achieved. Rely upon it, that same spirit now exists among the French women; and they give lip their friends, or themselves, to battle.with a joy and a spirit that is limited by no other considerot i.ostium that of their country and their country's l.onor. When I used to read of tho victories of Joan of Arc. and her feats of military prowess, 1 regarded them as fancy sketches, in a great measure; but 1 can now see that material exists in Taris and Franoo ! to form an army in a week more than a hundred thou | saml strong, ot just such lnnterlul. who would not be, ' iu any respect, her inferior. They wait their time; ; hence the difficulty of controlling such spirits, male or fi male, by coercion, and the daring with whiota they express uud act upon their political sentiments, as | children or adults; and the fearless manner in winch i they expose their persons uud their lives, to give effect to their sentiments. The wife of Marshal Lannus was , one of these soldier women, and she was as brave and gallant as her husband, and generally wore her uni1 form dress, She onee called upon Josephine, when she ; was impress, in this costume, and was received by lior with all that, consideration which the affection of Nai poleon for her huiband would entitle her to. T3y-thev ny. there is a magnificent painting of the death or dying hours of Latinos, after the battlo of Essling, end Napoleon leaning over him weeping. It is said in France, 1 lint next to Key. Lunues held a place iu the heart of Napoleon; and that he would rather not have nt the battle of Lasting, than to have lost this i general. liis heart is buried in Montmurtro, over which a large stone monument is wrectod, and ills body, ! in l'i te La Chaise, over which is another elegant mo! nunieut of carved stone. '1 lie citadel of Messina has been captured by the in' surg. nts. Hud all the country appears to be in full insurieotion. Messina was a strong place, well garrison] id by the icing's troops. OBSERVER. Pari*, June 10, 1848. 1 Ihiel?The Particulars?Seat of Prince Louie Napoleon la Le contested?Grand llnni/uet Jldjourned?La. marline, and the Ministry, and the Palaces. A duel between two high officers has just been avoid vu i}j iuu ubvibiuu ui iuu iuur serouus, inter it bosj i-inu of two days. Napoleon Bortraud addressed a sei vcre and personal letter to General Clement Thomas. I commander-in-chief of tbo National Guards, for the | remarks he made in reference to the Cross of the LeI gion of Honor, to which 1 have referred. Napoleon I Bcrtraudwore the Cross of Honor, conferred upon him I he taid, after six campaigns, four wounds, and the loss of fire horses shot under him, and he was very severe upon the commander. I'pou the publication of this 1 'otter, Gen. Thomas tendered his resignation, to put i himself in a condition to send his seconds for explanation. Napoleon Bertrund authorised his two seconds j to confer with thrm. It appeared. In the sequel, that the letter hud been written without the author's know: ing that General Thomas had made ample explanations ; In the Assembly, and as these explanations were dectuj ed satisfactory to the committee of seconds, they doi eided unanimously that the letter ought to be with! drawn?with which Napoleon Burtrand complied; and tl.t . the matter has been happily terminated between two gallant men. and the executive have refused to i hcci ]<t bis resignation. While this matter was pend ing. there was u great deal of anxiety in I'aris ; and the greatest efforts were made to prevent the effusion ofblood: but no one thought of arresting the parties; and sucn a course would net be tolerated here. All the | preeecdings are public, well known to the whole community. aud no exertions are spared to settle any such diiiiculty which ndniits of settlement. But when the mutter docs not admit of such an issue, tho other is permitted to take its course. J.amurtiuc has never allowed himself to occupy any oue of tlio palaces?except in offices of busl, nets held in them?and the statement that he, with the other members of the executive, had moved into tho Petite Luxembourg, brought out the contradiction; it appears that he occupies his own cot1 ii re still, which Is il modest, one. I iis.ee not seen it conlrndictid aa to the other members of the executive. hut I lliink the discussion will prevent the minister* from going into these palaces to spend the sumin it. as had been contemplated. Such a movement v ould have cost them their plncos. I think. Whilo there is no di position in France to cause men to adopt any unusual mode of dress, equipage, or living, yet the pc ople do not desiro to see men placed In uffloes attempting to imitate the stylo of prince*, and moving into the public palaces for that purpose, which are generally open on felo days and Sundays, for tho in speclit 11 of the people, 'i'lio sentiment is both rational and healthy ; and I have no doubt that the discussion will be useful to individuals anil to France. The right of Prince houis Napoleon Bonaparte to his scut in the National Assembly, is. toe. under a solemn discussion. I understand. It this be true. 1 think n mi-take has been made, and that the interests of , the country and tho republic would bo bettor promoted by allowing events to take their course, and tho Triuce to tnko his seat quietly. There wo* no ptirposo hostile to a republic in the election of this rrince?his titles, by law. tiro abolished, anil tho class of people who v< ted for him did so from tho feelings of veneration which they have for the memory of his uncle, Napoleon himself Should he lie excluded, France would be agitated: bat I think there may yet he some mistake in the information that his right is to be i .>ntested?at loast. I hope so. The grand banquet will be adjourned?perhaps indefinitely ; tho pretended cause is. that persons appeared to buy sucli Inrge numbers of tickets, that they became alsruicd for tho public tranquillity. Whether this, or the ample preparations to defend the prison, had the grentcst effect, I consider yet uncertain. OBSKRVKH. Paris, June 11, 1848. Presidential Flection in Fiance?Lamartine, ,'lrai>o, Thiers, and Louis Xajioleon Bonaparte, Candidates? Their Prospects, <{< .?Xapoleon Bonaparte ?'n Paris. The Presidential election already begins to agitato public opinion in France. What a word for F.uropo ! I Ml- U..UBU.UVHHI II1M1IIK IUVTWVII I?i imiiwai considered ns "iin fait arcomplit," and the press and men are beginning to take ground upon this grand, but agitating. question. There will be no lack of voters upon this question, and I see already that our glorious campaigns will be thoroughly imitated in this enlightened nation. Lnmartine, Arngo, Thiers, havo had an eye, and still have, upon this goal of their ambition. Others, havo not been wanting who would acoept (lie responsibilities of that exalted station, should their services be demanded. I say responsibilities?for there v ill be responsibilities attached to that position In France, in addition to those which exist in the United States. Hut a new man has burst upon tho political horizon, who, at this moment, bids fair to eclipse the L whole, and win the race. He comes up under the ominous name of Louis Napoleon Bonaparte; and, although his liuuio did not appear in the press or the placards upon the walls of the city, and was hardly mcuUoncd till one or two day s l? fore the election, he has received Du re than RO.OOli votes as representative, aud been tho en the eighth on the list of representatives. Tho ]h-s lia* announced the unanimous applause which Signalised the anuouueenisut of his electien; and already those who elected him are pre ]>*ring a banquet for him, end have placed his luiine before the country as President of the re public. I think there will be no attempt to enforoo the law now existing against him, but liis election from Paris, Corsica. \ oune. ivo.. will be regarded as a repeal of I he decrees of banishment, and the son of Louis Bonaparte will enter the Chamber in triumph, to take his peat beside his three cousins, tho sons of Lucien and Jerome liotniperto, and Murat. Thus four nephews of Napoleon represent the ago In which France is again struggling against despotic Europe, and in which it Is to be determined whether Europe be republican or Corsac. Much will depend upon the cousra Of Louis Bonn parte in the next thirty days ; and perhaps whether he will or will uot succeed to occupy the first W YC SEW YORK, MONDAY 8lace in France, anil give power anil ascendency to the onaparte l'aiiiily.vrill dupuuil upon the developemeut ho may make of hie capacity to discharge the high duties he will be called upon to perform. Will Kuropu again he obliged to legislate with a Bonaparte representing France! We skull see. 'l'he masses, as such, have elected llonapurto in Paris?the same men w ho effected the revolution; and if they unite upou him through out the country, they will elect him. It is u critical hour for Lamartiue. for Thiers, uud others who aspire to that exalted position. The banquet of lionaparte in Paris will create an immense attraction. ' It is to be given in the name of the 80,000 who elected him upon such short notice, lie notilh-d Franco in a letter to the government, one month since, that lie resigns all desire to the throne, and gives himself to the re public. I think the government have added fuel to tho ilame, by attempting to expel him from the country ; and it may yet swallow them up. OBSEltVElt. Paris, June 12.1S47. National Assembly against the Executive Commissioner?ISonaparte Admitted?Great Excitement?National Guard abounded - Critical Condition of the Executive. The National Assembly is against the Executive Commission on the question touching Prince Louis Napoleon Bonaparte. The Executive this morning 'ntroduced tho question to the Assembly, sustained by Lamartine and Lcdru Uollin; and, taking advantage of a lurge concourse of people, and tho excitement produced by the discharge of a uiusket, intentional or accidental, by which a captain of tho National Guard was badly wounded. Tho question was pressed under exciting {circumstances, and with great ability?but Jules Fnvre, leading in opposition to the measure, aud in u pretty severe discuss."ion,and sustained by others, removed the impression created by the Executive, and reserving two questions?one relating to his age, aud tho other in reference to his citizenship?it was voted to admit him as a member of tho Assembly. The effect of the vote is to remove the impediment created by the act of 1832? bunishingMiiui. it 1< said, the Executive had given orders, before this vote.to have him arrested; (for he had not entered Paris, as was understood a few days since.) aud if so, of course, this vote will cause hixu to be immediately discharged. I took the liberty re oTnruua II,,. cer,ti,n..iit in a former letter, that if. would be unwise to attempt to defeat liis right to sit in the Assembly, and to hope that the Executive did not intend to press the question, as was understood; but they have done it, and iu that measure have been defeated, ou a very popular uud exciting question ; two members having made great exertions iu the Assembly to carry the purpose. If they hud desired to invent a pretender to the throne, and to hare injured their own iufiucnco, they oouid hardly have been more fortunate ; for there is 110 name so strong in France as that of Bonaparte ; and as the republic have overthrown the government that created the law, and admitted three of Napoleon's nephews to the Assembly, there is a strong disposition to remove any objection to the fourth, although lie may be the heir to the throne under Napoleon. But as he had declared himself a supporter of tho republic, there was and is a strong feeling against his banishment j and tho excitement upon that question called out an immense crowed of people, excited, tilling the Place de la Concorde. The rappel was beateu. and five or six regiments pluced round the Assembly. In the meantime oue or more firearms were discharged ; and us Lamartine announced that an attempt had been made upon the life of the command er of the National Guards, that there had been cries in the multitude of " a has la Jlepuhlhiue" and1' vita VEmperor Napoleon the excitement was terrific, and tho troops were ordered to charge the multitude, und disperse them, which was effected, without very considerable injury being done. But there was not much causo for so great an oxcitemcnt; and thu revulsion was quite strong after it, as some supposed, if there was no inteutiou to force through a vote ot banishment upon the excitement of the moment. There was indiscretion in enacting it; and as the ex. fuuuve was mn uutiiiy BUMtuiiru. ib is nuiuunuu mm, Ledru Itollin will resign ; but I think ho will uot ; at least, that ho has uo cause for it. And 1 think the Assembly have acted wisely and justly in not banishing Trinco Bonaparte. OHXBVUL Pahis, June 15, 1S4S. Another New Kingdom in Austria, if not Two More? Congress at Selint?States to Compose it?15,00J Scries at Carlotvilz?Their Da la ration of Independence? Congress of Democrats in Germany?State of Paris at Thee a''Clock. Another new kingdom has arisen in the interior of Austria, and an Assembly held at Selin. in which it has been resolved to separate completely from Hungary, jrtid to form a Southern kingdom. Sclave. composed of Croatia, Sclavonia, Dalmatia, Duuot, under the direction of Snllarich, to nominate a King, who shall be placed under the protection of tho Kniperor of Austria; and a deputation has been sent to Inspruck, to obtain the approbation of his Majesty to this new country, or kiDgdoin. An assembly of 15.000 Scrhes have held their meeting at C.arlowitz. in which they have declared themselves and their oouutry free and independent, both of Hungary and the house of Austria. These men have rut loose entirely, and have gent a deputation to the Congress at Prague. They have chosen a permanent body, to organize the country, of twelve members ; and have sent a deputation ot 40. to inform the Emperor of their proceedings. A Congress of the democrats of Germany will also be holden at Frankfort. from the fourteenth to the sixteenth of this mouth, to take into consideration their own duties and those of their constituents, in the present whirlpool of events ; there was an attempt to get the other assembly to press a vote to interdict them? hut is said to have failed. Sir Stratford Canning has arrived at the camp of Charles Albert; and tiie report is, to notify liim that il he takes possession of any other country than that which nertuins to the two contending parties, it will be gotacauso of war. England seems to be busy in her good offices, just at this moment, in Europe, while she is planting her loot in Contral America. Up to this hour, threo o'clock. Paris is quiet; and both the press and the people seem to be wull satisfied with the vote of the Assembly admitting Louis Nupoleou ; someone or two hundred persons iiave been arrested for being engaged in the emrte of Monday, in a demonstration which undoubtedly had an effect upon tlie Assembly, as it indicated the high excitement of the people, and the folly of attempting to persecute a man becauso lie was tlie nephew of Napoleon. The Executive Commission will not resign, I think ; thev seem to me to indicate a desire to hold on?and, perhaps, it is best they should, though I am still of the opinion, that sooner or later, they must resign?and that every hour they continue, they are doing themselves greater and greater injury. Perhaps they will recover from their present position?but I think they cannot. The law in refereuce to incompatibilities of place, and cumulative salaries, has been passed, and with the exception of certaTn officers, such as Ministers, the Mayor of Paris, the Commander of the National Guard, and a few others, it excludes members fiom receiving any snlaries beyond their pay as members, during the time the National Assembly may be in session. There is to be a provision in the new constitution, regulating this matti r, nftcr its adoption; but tho debate on this question shows that no public functionary ought ever to be admitted into n legislative body. Poor human nature is too weak to be thus tried in a public body, wielding the destinies of a nation. One hundred and sixty-eight functionaries are now sitting, as members of the National Assembly. But with all Europe ns an example, it is most creditable to France to make this heroic effort to arrest tho abuse, in time, the people will tin thA ..motion ami it for thfl lmrislfl turo. Crops look (lncly In this country?ami the farmers will have an ahundnnt harvest; aii'l it Is therefore of llttlo public consequence whether the stocks of speculators rise or fall at the Bourse?hut I believe they have risen since the admission of Louis Nnpoleon. OBSERVER. Paris, June l.'i, 1848. Decree of the French People touching the Iionapartes? Resignation of tht Executive Commission?Lumartine?Hie Present Position is Unnatural?The Move tnent for Louis Napoleon is not an Imperial One. The storm that was raging on Monday in I'aris has abated during Tuesday and Wednesday. The act e>f the Assembly in admitting Napoleon, was in accordance with the public feeling, and has allayed the tempest that was rising, and might have overwhelmed the nation in an ocean of trouble, had a contrary decision taken place. It is said, witli much confidence, that a part or all the executive eoramittee will resign, and, iudeed, that they^have already done so ; and in their present prostrated state, 1 do not think it would be productive of any injury to their country. They were feeble beforo this solemn pronunciation of the publir and the Assembly against them upon a point wherein they arc accused of selfishness and ambitious purposes, in endavorlag to banish from Kranco a rival candidate for the Presidency. At all events, whatever may have been their motives, they have brought upon themselves such u force ol' public sentiment, and have placed themselves in a posltiou so adverse to it, added to the former objections of incompetency, that I think (hey would lie compelled to resign soon, if they did not do so voluntarily. I do not adopt these views; on the contrary, a I only express what T understand to be that of the Kreuoh people. Had Lnraartine returned from the government and from public place, wlten he had finished his duties as minister of the provisional government, ho would have been regarded as already the President of the Republic ; hit! eireum-tanees and hfs associations, his omissions and commissions, seem to have pulled him down daily iti public estimation ; but this is the first net of his wliich has been imputril to motives of self Interest, and the sooner he retires from the position lie now occupies, the better it will be for his prospects, and I think perhaps for the country, as he is too good ami noble a man to lose ; and It will relieve him from his present unnatural position. and give him time and an opportunity to be liirns? It at uln. l-'runce ores much to Liimartlno and site will not d s > R K I MOEiSliS'G', JULY 3, IS 8. rt him?hut she mourn'* over him in a position wlioro lie Joes not appear iu his true light, hut in ureflected one?and I do uot consider his prospects for tlio first place us by any means desperut* if ho will cease to persecute Napoleon, and adopt a course which shall he in keeping with that pursued by him white at the head of the provisional government. I do not understand that l'rince Napoleon is endowed with any very extraordinary intellectual powers ; and if this should prove & he u tic. as soon us ue appears upon me public stwge, it will l>o (lb played,for none s c quicker than the French; ami the contest between him and his uncle will cause him to sink daily. A name would no utoro servo him, if ho be not worthy of it, than the lion's skin did th?

it s. lie must lie Napoleon, if left alone and not persecuted, to wear his honors and to ascend to the first place under tho republic. No counterfeits oau long pare current in France, and the Prince must now pass t lie ordeal which will soon assign to him his true position?but should ho 1?> persecuted, lie will bo Preside ut i f the republic: ho will be any thin;; ho desiios to Ijj, for the French people will not permit u Bonaparte to suffer an hour after tho yoke is thrown from their own necks?willi Napoleon they fell, ami henco his heirs will rise, to liberty at least, if not to power. They want a republic? but the llouupartes they will have at every hazard; at least, us free as themselves, if they are not impatient for rulers. Let not our people mistake tiiis movement in favor of Louis Napoleon, for an Imperial movement, or an attempt to build up u throne It is not that?it is a manifestation of tho love of the uation for Napoleon, and a resolution that his heirs shall bo free to live in Franco.llf they desire it. If prevented it will bo more. IJut it is only persecution of tho family tlmt can drive tho people to sucli an extreme. While tho crowds wore assembled on Monday, tho Bourbon agents 'were among thorn distributing live frnnn pieces, to get them to ery Vivo Henri Cinque;'* but it was spent principally in vaiu. and tho outhors were arrested and put in prison. OBSERVER. Our Italian Correspondence. Lt i.o, (Roman State) May 20, 1848. Men in Camp?The Chances of Jlur?Italian Independence. There are in tho camp 70.000 Pledmontcsc, with 17.000 of tho Pontifical Roman soldiers of Linca; also, 3 000 of Toscan; and at tills moment are passing from An cona, Fesaro, and liiuuni. 20.000 Neapolitans, who will join in a few days the nnuy of King Charles Albert. Besides, there arc ci\io guards and volunteers of Lombnrdy. and of the whole of Italy. Front Sicily and front Switzerland, they nre coming every day. ( harles Albert will have 1-10,000 soldiers in the beginning of July. The Austrians are now concentrated in the fortress of Mantua, which will be blockaded by our army. The victory is almost certain by the courage of the brave < harles Albert. King of I'iermout, his brave generals and the Italians, who do the fighting like lions, in every battle (though minor in number) the Italians have always been victorious. In one month the Italiau army will number 200.000 uton, and Austria beaten on every side will leave Italy; if not, the Italians will go themselves to Vienna. Our German Correspondence. Dresden, June 11, 1S4S. Things in^Germany?The. Prospects of Republicanism' Affairs are in such a state of confusion in Germany that King Solomon himself could not unravel them, or say what is to be the result. All tile thirty-four princes, who cost Germany over fifty-four millions of thalers annually, are determined on keeping their position, and are supported by their olllcc holders and standing armies, and by all aristocrats, including the Emperor of Russiu. Another large party says one Eui peror is enough for nil Germany : and still unotlier party, the republicans, who nro daily increasing in strength, iusitt that Germany should closely follow the example of the United States, and huvo juo king or prince. There throe different parties are now as. semhlcd in Parliament in Frankfort and Berlin; and although there have been many sessions, nothing as yet has been decided, and there is no prospect of any practical result for months, if at all. My opinion is that nothing will be decided till it is seen if the French republic can stand ; and in that case there can be no doubt tliut all Germany will become a republic, from the Niemen to the Rhine. This would ho the only happy result, as otherwise Germany will be sacrificed by contentious and civil war, and the distress for money, which is already very great, continue to increase. The funds of several States have fallen oO per cent,and the Austrian 6 percent. State stocks can uuw he bought at this rate, thus paying 10 per cent iuterest per an num. The manufacturers are obliged daily to dismiss many of their workmen, and no trade of auy kind is going on. This must end in the greatest misery for Germany, if a change does not soon take place, of which there is little prospect at. present. The situation of the bankers is such that they can no longer assist the manufacturers, and the expenses of tin* governments are increasing daily. The latter nro trying to borrow money, but lind it almost impossible to get loans. All this will react on the United Sta'- -?J, as they will Jose their best customers for cotton, l.oe, ti bacco. Xlc . tee. The war with Denmark is also a source of great expense, and so far of little glory or advantage to Germany. Our ?outluunj>tou Correspondence, Southampton, June 9, 1848. Oar Steamship Depot?The. Oriental Steam Line, 4*c. Now that the United States government has established a line of ocean mail steamers between New York, this place and Bremen, and that other lines between New York and Liverpool, und New York and Havre are contemplated, it may bo useful and inte resting to the American public in general, and in particular to all those interested in ocean steam navigation, to have some details before them concerning the British mail steamers employed under government contract to convey the mails from this port to various parts of the world. Southampton is a port peculiarly fitted, from its ad vantages geographical position, for a mail packet station. Its harbor is safe and easy of access at all times of tide, and in all winds, for ships of the largest class. Its docks have been constructed at vast expense, and the tidal basin for steamers is certainly ono of the finest in the world. The London and Southwestern Hnilway hns its terminus close to the dorks, and the rails run oil round tho dock walls, and goods cun be landed from ships discharging into the railroad uugons. The distance from Southampton to London by railway, is 78 miles, which is performed by ordinary trains in 3 hours, uudby express trains in an hour aud three quarters. The safe harbor of Southampton, its spacious aud convenient docks, and its contiguity to the metropolis, were the inducements Wbiob led the Lords Commissioners of the Admiralty to fix the mail packets here; and Southampton lias in consequence, in the course of seven years, become tho great packet station of the world?having direct communication by steam, with tho whole of the West India Islands, Mexico. New Orleans. Spain. Portugal. Malta. Constantinople, the lilack Sea. Kgypt, India, China,Uc. As I purpose in this and succeeding communications to lay before your {numerous readers all the arrangements Bud details of the various lines of steam communication from this port, on the present ocoesion I shall merely content myself with giving you a list of the ships employed by the Peninsular and Oriental Co., and some few interesting particulars concerning them. Tho Peninsular and Oriental Steam Navigation Company is an incorporated joint stock company, ha I ving a capital of ?1,500,000 In shares of ?50 each. The undertaking had Won successful from ltd commencement. and pays a dividend of eight per cent to the shareholder*. besides having a reserve fund of ?240.000 invested in government stock. exchequer bill*, loan* on mortgage, fcc., to provide against louses of ships. depreciation of lloating property, and other incidentals. Jly uii ans of thia reserve fund.'athe heavy charge and cost of insurance of vessels is avoided, and the proilts of the company thereby much increased. Tho coinpuny are, in fact, their own underwriters to a large extent, with this advantage, that tile amount annually laid by ns insurance fund, is available aud productive capital for the uses of the company; and in the event of no ship being lost, is an actual and positive gain. In the course of tho company's operations during eight years, only three ships have been lost, namely: The Hon Juan. Great Liverpool and Tiber. The reserve insurance fund of the company promptly replaced their resswls. without inconvenience to its finances; and thus the groat beuetlts of so prudent a cour. o of management were developed. 'i he following is a list of tho ships belonging to this company, their tonnage, horse power, and the station ou which they are employed:? Last India nnd China station, tinder contract with the British Government to convey the Kast India and t'liinn mails from Canton and Mong Kong to Singapore and l'olnt do Galle Ceylon, and from Calcutta. .Madras nnd Ceylon, via Aden, on tho Ked Sea. to Sues, anil vice versa, once n month. Terms ?100.000 sterling per annum Penalty for non perforiuauee ?3<1,000. The contract not to terminate till 1863. Constructed of Tout. Ilorse power. Achilles wood 1.000 4:10 lie ii lick wood 1,800 630 ilraranxa wood 1.000 350 Haddington iron 1.750 600 lid us Iron 1.400 450 Lady Mary Wood wood 060 260 Oriental wood 1 800 500 1'ikin Iron 1.200 430 Fottlnger iron 1.400 500 Precursor. . .. , .wood 1,8(10 620 ( uiiton iron 450 230 Alexandria station, under contract with her Majesty's government to convey the Last India, China and Mediterranean malls from Alexandria, via Malta and Gibraltar, to Southampton, and vico versa, once a month. Terms. 428.500 per annum; penalty tor non-performance ?8,000. Illndostan. . ....wood 1.R0O *62i) K pon iron 1.600 450 Spanish and Portuguese station, under contract to convey the malls three times a month from .Southampton to Vigo, Oporto. Lisbon, Cadli aud Gibraltar, on the 7tb, 17th and 27 111 of each month. Terms ?20.500 IE R A 18. p< r annum. Penalty for non-performance i.10,000. Jupiter WOd 700 no Madrid Iron 600 li>0 Montrose ..... .wood 050 2t0 Tlgep wood 000 200 BLACK SKA STATION I'rom Southampton, 27th of every month, for Gibraltar Malta. Constantinople. Smyrna. Sluope, Samtouu and Trehizond. (Xo mail contract.) .iron i.iuu 400 Orin iron 850 300 Sultan iron 1.100 110 g| Tag us wood 900 300 ITALIAN LINK. From Southampton T'lli every mouth, for Gibraltar, Gunon, Leghorn and Clrita Yeoclii. (No mail contract :? Iberia wood 000 200 rachn iron 000 210 Station between Alexandria and Malta :? Ariel Iron 800 300 Besides the above steamers, the Peninsular and Oriental Company liave four new ships nearly ready for service, to be distributed on the various stations where most required. They oonsist of the following :? Vcecbi wood 900 350 Malta iron 1100 450 Ganges iron 1.300 400 , Bombay iron 1.300 100 | The total number of ellipsis, therefore,j27? their ar- | grrgato tonnage, 25.730 ; horse-power, 3.410. This must certainly be considered a magnillnent tleot of ocean steamers, and their appearance and performance entitle them to admiration They are commanded, by able and experienced captains, well ofitoercd, have engineers of practical ability. The ships themselves, are kept in admirable order, and in all respects, save armament. resemble steamers of war. One of the stipulations of the government contract is that in the event of war. these ships are to he at the disposal of the adj miralty. and they have been built witli a view to oarry marine artillery of the most formidable dimensions | ?lbr instance, the Bentlnck. Haddlngdon, Hindustan, Oriental, Indus, i'ottinger. Precursor. Itipon ice., are equal in size to stuam frigates of the largest class, and | are ouch capable of carrying an imminent of two long 08-pouuder guns on traversing carriages, and four or dx 32-pounder guns ou elides, j The Vecbi, Malta, Uombay, Ganges, Pekin, Achilles, j Ariel, Brnganza Euxlne. Erin, Sultan, Tagus, and Indus. may bo classed as being each capable of carrying one OS-pounder nniiG-lijps, and tour 24 or 32-poundcr carrenades. The Canton, Iberia. Jupiter, Lady Mary "Wood. Madrid. Montrose, Pacha. Tiger, Sco.. might bo armed with a 32-pounder on traversing carriage amidships, and four 24 or 18-pounder curronado;'. Should war unhappily arise, (and from the present threatening appearance of the continent it is impossible to say that it will not break out.) these ships would be a powerful and useful a hlition to til" British j navy. They would bo of immenso use in conveying | troops, stores, nnd in towing line of battle ships aud frigates, besides the offensive operations to which they might be applied when mounted with tho ordnance for which they are adapted. Besides the 27 ships of the Peninsular and Oriental Company here enumerated, there are sailing out of Southampton 12 steamships, each of lsoo tons burthen and 000 horse-power, belonging to tho royal mall j steam packet company, employed in the West India ] and Mexican mail service?all of which are in first rate rato order, and are capable of being easily converted into first class steamers-of-WAr. Respecting those vessels. and the company to which they belong, I rcseive the details for a future letter, and my object in m 11tloning them now, is merely to show the important arm of stenui defence which is at the immediate d'gposul of Great Britain by means of the Southampton I mull steamers. There are about eight very iinonnd fast steamers employed in running between Southampton and Havre, and from Southampton to Guernsey and Jersey. As ' these vessels, however, are only of 300 to 500 tons burden, they would be of no use as war steamers, but would be particularly useful in conveying troops, ear rying despatches. kc. in case of war. Otinof the most admirable points in the management of the Peninsular and Oriental Company, is the extreme regularity with which their steamers depart and arrive Their arrivals from their voyages, although they cannot be calculated like the railway trains, yet are so exact that they can be implicitly depended upon.? .Asa naturnl consequence, the vessels are made the medium of conveyanco of specloto a large extent, and of nil sorts of valuable goods requiring quifck despatch ; and mercantile men are willing to pay a much higher rate of freight than by other Teasels, because of the shortness, comparatively, of the voyage, and the certainty of due delivery of their goods. Without regularity nnd punctuality no enterprise in steam navigation "will succeed : delays in departure and alterations | of dates of sailing and arrival disgust merchants. The irregularity of the United States steamers Washington nnd llermnnn has heen the cause of the enterprise not yet tlnding favor with the Uritish public, and If the Ocean Steam Navigation Company can ouly manage 10 cstamisii a regular line, men moir snips would nil with freight nnd passengers. I Intend shortly toaddress you a special letter 011 the American lino of steamers thus referrad to. I am oniy led to allude to them in this instance, having occasiou to notice tho regularity of tho English mail steamers, in contradistinction to tho irregularity of those that havo recently boon plying to this port from Now York. ANGLO-AMERICAN. Southampton, Juno 1(1, 1S48. The Went India Steamshijia?Donna Maria Preparing for Flight?Spain?Portugal?Steamer Wrecked? Markets?The llnlwir Jiff air. In the letter which I addressed to you by tho Britannia, on the 9th inst., I gave, for the information of your readers, a list of the steamships, (their tonnage, &c.,) n the service of tho Peninsular and Oriental Steam Navigation Company. I now subjoin a list of tho mail steamers belonging to the West India Steam Packet Company. They are as follows Clyde 1800 tons 500 horse power. Dee " " ' Forth " " " " Medwny " " " " Severn " " " " Tuy " " " " Avon " " "i " TeTiot " " " ? Thames " " " " Trent " " " " Great AVestern. 1640 " 450 " The above 11 ships are employed under contract with Her Mnjeety's government, in conveying the mails from Southampton, to all parts of tho West Indies, Mexico, the. The following vessels, employed intercolonially, also belong to the same company :? Eagle 293 tons 150 horse power. Reindeer 337 * ?60 '* Lee 130 '* schooner. Lnrne 130 ' schooner. The fallowing is an outline of tho operations of tho company One of tho large ships sails from Southampton on the 2d and 17th of every month. Tho vessel of the 2d. proceeds via Bermuda to Nnssau. Havana, New Orleans. Tampico. Vera Crux, Honduras. LaUuayra and l'orto Cabello. The packet of the 17th proceeds, via Madeira and Uarbadoes. to St. Domingo. Santa Martha. OurtiiHgeiia. ( hngres and St. Juan do Nicaragua. The packets homeward, are due at Southampton on the 7th and 22d of each month?the vessel of the 7th, bringing liome the mails from St. Jago do Cuba, La Gua.vra. Jamaica. Jaeuiel. (Hayti.) l'orto Rico, Dcmcrara. Tobago, Trinidad. liiirbailoes, Grenada. St. Vincent, St. Lucia, Martinique, (iundaloupe. Antigua, Montserrat. Nevis, Tortola. St. Thomas and Kayill?Hltitltkn. till* Sfillth A innriiMLti nnulu fr/un I hill I'eru. Now Grenada, F.<|Uador. inc., brought to Pa- j nama by ihi? Pacific Steam Navigation Company's ships. The packet of the 22d, brings home the mails from Vera Cruz. Tainpico, New Orleans, all tiie British and Foreign West India islands, and Bermuda. The sum paid by the British Government to the Itoyal Mail Steam I'arket ( oiupany. for performing tho mail service thus described, is ?240,000 per annum. The contract hns three yo.irs unexpired of it* term. The West India Company have not been so fortunate in its operations ns the Peninsula and Oriental Company, and since its establishment has lost six ships, vi/, : Mrnway, olf Corunna ; Tweed, in Gulf of Mexico ; Isis and Medina, in the West Indies; also the Intercolonial steamers, City of Glasgow and Acteon. in the West Indies. Tho voyages of the ships are performed with the greatest regularity, and the Company is in a very prisporous condition. Very largo amounts ?f specie are brought home by these vessels. Before the war between Mexico and tho United States, each packet from Vera Cruz and Tainpico used to have a freight of from $1,000,000 to f 3.000.000. and it is supposi d that when tho treaty of peace is ratified at t^ueretare, aud trade resumes its usual channel, specie in large <;uautities, on mercantile account, will be received thence, and that large remittances in dollars and doubloons will l>o made to pay I ho dividends on Mexican bonds, three instalments of which arc now over due. The amount of bullion brought by eaeh 1 packet for the past two years, has varied from $230 (K)() to $1..100.0110. collected partly from Mexico, and partly amorg tho West India Islands. All the West India stoaiuers are constructed of wood, Iron vessels not being found to answer so well in tropical climates, from the heat being attracted and retained by tho vessel, rendering them more uncomfortable for pa'senger*. Kb oh ship has been built so that, in case of necessity, she can be converted into a vessel of war, aud is capable of carrying two long C8-pounders on traversing carriages, and lour or six 32-pounder carronadcs. Ueferrlng to my former communication on the subject of j the Southampton steamers, as applicable to war pur- j poses. I may mention that the total number of steam shins belonging to the port, lit for ocean navigation, and at disposal of the British government, is 33, siao t varying from 600 to 1.800 tons burden, and 200 to 020 horse power. 'The aggregate tonnage is 45.300 tons, and total horse power, 13.010. and capable of oarrying the following ordnance:--47 O^-pounder guns; 83 32pounder guns; 88 32-pounder carronadcs; and 28 21pounder carronadcs. Besides these, there are soma fine steamers between Havre and Southampton; and, altogether, a roost formidable ami effective steam tlotiila couhlfrbo organized out of the mercantile steam ! fleet, for the purposes of aggression or defouce, should j the bugbear of war with France ever arise to rondor it necesiary. It may I well to speak of the internal fittings, ac- I ceinmodsflons. and appointments of these ships. The ' machinery is of the most approved description. anJ It would be well If American engineers would take pat- 1 - . 1 . ' a ,?. f ig \ ld. . ; ^ *% TWO CEATS. 7 | tern. ami copy from the perfection to which the manufacture of marine steam engines ha* been brought In K. upland, instead of making experiment*. which, as in roses I could mention, have only produced delay, exi pmse, uud disappointment. The cabin fitting-, urrangt intents for passengers. and g.'ucr.tl economy of the passage department, ure not certainly In Knglish steamers c |iial to the Leuutlful appointment* of the American steamships During tin- ri > cut Tbdt* of the I United States mail steamship* Washington ami Hor: maun. gr< at numbers uf people visited them; amongst the numbers were many who were eunn-ct" I w,th the ships of the Peninsular < odlpany and We t iudia Mail j Uoinpauy; and the luxuries, conveniences, and beautiful fittings of these Vmcricau vessel*, were admitted to be far superior to the decorations i und appointments of the firmer. Intelligence has within the last few days been received of the less of a fine steamshio. the "Ariel." bul iniriuir ' to the Peninsular ]iiid Oriental Meant Navigation j Company. The Ariel was an irou vesael, ami had recently been employed in carrying the mails between Alexandria and Malta, but being ordered home via Leghorn. Naples, and (tenon. for the purpose of pie king up Kngllsli people who were desirous of leaving in consequence of the troubled state of the rouutry. struck on the .Mat dl Velro shoals, four miles from the seaport town of Vado In Tuscany, about thirteen miles to the southward of Leghorn. As the ship was going at full speed, the force of the shock in)mediately knocked a hole in her bottom; the fore hold and engine room filled with water; the engines Ix coming mi serviceable, the commander hoisted out the boats, a?)d all the passengers wi re vfely conveyed to the laxamtto at Leghorn. The lost of tins line vessel, ouu of the fastest in the 'mail service, is much regretted, and in the absence of positive information as to the cause of the disaster, tho Captain's conduct in steering the ship right on a dangerous rocky reef, properly described in all tho sailing directions, and accurately laid down in the charts, is much commented upon. As, also, the uce.idunt occurred in broad duylight, and in smooth weather, it Is considered that only palpable carelessness in keeping the ship's reckoning could have caused her to ho'in tho | wctnity of tii*?su dangerous shouts. Tho value of tho Fhip and cargo win about $250,000, ami tho Company j arc likely to lose to tho extent of $75,000, If a total I less ensues. There appears to bo some faint hoped of raving tho tomo! according to the l *t news, the after hold being (iiiito water tight, in conseiluenco of tho ship being built in compsrluicnts. It is therefore proposed to lighten tho vessel, by pumping water out of the boilers, removing the dead weights machinery, coals, anchors, tec., and to tloat her oil by means of casks put In the fore hold, and attached to the paddle boxes. This will be a tedious and difficult operation, and only likely to be successful In the event of tho weather holding tine ; bad weather would hare the ell'ret of knocking ln r to pieces. S3P The Montrose arrived hero oil the 11th. with tho -> Spa nish and Portugueses mails, and advices from Gibraltar to June 11; Cuddy. June -1; Lisbon, June 0; Oporto and Vigo, June 10?and the news Ihom tboss ports, although not of striking Importance, is interesting. At Seville and Cudli. nil was i|uiet. and commerce had rcsytned its ordinary course. Tile Duke | and Duchess do Moutpensier were at Seville ; the latI tor personage had lnt? reeded with the lipauish govern' incut, and obtained tin* pardon cf all the Seville insurgents (M)0 in number), excepting the officers. Tho whole of this body of men had taken refuge in Portugal, where they laid down their arms, and they are to be sent back to Spain. Tho officers will take refuge in Knglaud, till Tome change in tho administration of Spain may render a return thither a safe experiment. Tho state of Ilritish relations with Spain is. just now, rather a curious one. and is understood to be very oinI v. .1,,. (? ?l... c. . : ?. - -u-i. i. UIU1?0>'IUK < "" OJ/IUI.U Ullirill. 1V11IOU IB U l> prudent without means or credit. It is a settled conviction in Spain, itnd it is also thought In Cngland, that, ero long. the Count Montemolin will occupy the throne, and liiut tho present ruler, together with hoc corrupt and hrutnl advisors, will bo expelled. In a postcript to this, I will glvo you tho latest news on the subject or the expulsion of the Spanish ambassador fiom London. The advices from Portugal ropresont a complete tranquillity in all parts of that country. This is, however. only a false tranquillity?a forerunner of the gathering storm. It is believed that no move meat will tuke place in Portugal till something of a decisive character happens in Spain; and I am assured that n most complete understanding exists between the < arlistu party in Spain, and tile Putulea party in Portugal, and that the chances of success are , properly weighed, and that there exists well-founded , ^ hopes of sucoess. There is no doubt that Donna " wh Maria has shipped off to England a large amount in jewels and other property, and many months may not elapse before Her Majesty and Court may take a refuge in England from the just indignation of her duped and ill-treuled subjects In the meantime something like a scramble appears to be taking place, and the government officials uro said to ho guilty el' the most disgust- ? iiitr embezzlements : the way matters are managed in s ' | this respect, in that the ministers draw two or three I years' salary inadvance, and when they go out of oilLje never think of replacing what they owe to tue public . treasury. Theflnanots of ihe country are in p. dreadful state the government having scarcely sufficient to * satisfy their Unily wants ; all ttui troops are iu arrcar an<l a grand smash appears to bo Inevitable. From a private source I am enabled to give you the latest prices of produce in the Lisbon markets. On the Oth of .June, Lisbon Bank notes were at a discount of 53 to 01 per cent txebange on Loudon at BO days sight 521? to 53, and up 00 days date 527,i to OB'a, per 1000 res; on Hamburg 60. and on Paris 525. Spanish doubloons 14..'>00 to 14,000; Mexican dollars 016 to 020; Spanish dollars P20 to 023; Brazilian 020 to 023; Pernambuco Cotton * 110 to 120 per lb.; Maraubam 110 to 115; Para 105 to 116. From Gibraltar, under date 3rd Juno.it is stated that Ibe U. S. corvette Marion.< aptain Symond*. sailed on the evening of that day for tbo eastward. The state of tlie markets fir American produce was as fol 1 .ws: Can iles, Auiericau Sperm, f>0.3 a 0.4 3 per lb ; I Cotton, N'ew Orleans, $13.0 a 14 pur 112 lbs., Para. $20 , a 25, bone; Rice, Carolina. $5.0 to 0 per cwt, arrivals; American Beef, $11.0 a 12 per hbl,urrirals; do Pork, $14. snles; do Hour. $0 0 selling iu small parcels; I Staves. American pipe, tes $70 a 00 per 1209. arrivals; hhds $40 a 40 do, liene; bbls $30 a $38 do; Tobacco, > Kentucky. $0 a 8 per cwt; Negro-bead $7 a 9.0 do; / Cuba and Havana $13 a 21 do. arrivals; Atnericau wax, A. $33 do, none. Kxchanges?London, 00 days date. 48.'* Paris, 5fr. 30c. to ?fir. ?C.; Marseilles. 5fr. 80c. to fif. 32c.; Genoa. Mr. 32c. to ?fr. ? c.; Madrid, 8 days sight. 4 dis ; ( ndiz. do. to dis.; Malaga, do. % dis: Seville. do. \ to X dis.; Alicante, do. \l/i dis.; Valencia. do. l;'t dis.; Barcelona, do. \ dis.; Spanish pillared dollars. 21,'.j to 2>i per cont premium. Freights?To London and out-ports in the Cnited Kingdom. Brazil and Hirer Plate, $14 a 16, and 10 per cent; Gulf of Mexico and Havana. $14 u 10, nnd 10 per cent; Malta, Leghorn, Genoa, $ I. and 5 per cent; and. for Lead. $3, nnd 5 per cent. Moneys?Ono bard dollar, 12 reals; one real, 10 i;Uarls. posTCRirrr. The Spanish disagreement is exciting a great deal of attention in the Londou circles, and although many ale-urd rumors are propagated, the facts appear to be as , follows?The measure Is a retaliatory one, and Don Xavler Istariz, the Spanish Ambassador to the Court of St. James, lias been requested to leave London, b* her mnjc'nty'8 government. Ilia excellency, accordingly. left on the 14th for Madrid, and diplomatic relations between (fruit llritiiin and Spain may bo saiu to ba tuspvuded. There la no fear, however, of hostilities commencing; the idea is too ridiculous to bo entertained. as the Spanish government would submit to any humiliation, rather than incur tho risk of anything approaching to war; (besides, as the Cariista and Monteraolln factions in Spain fully believe they have tho sympathy of hnglaud. the existing adininistralion of Spain could not count upon general support to any extreme ini asures it would like to adopt;,and. although | thero will be oceans of ink shod, and reams of fools' cap paper wasted over tho matter, and a vast deal of | Spanish bombast and .arrogance, yot there will be no . fighting. There Is a significant fact connected with 1 the present occurrunco. tin the stock exchange, yes . terday, Spanish Bonds improved in price. One of the evening papers hints that Cuba will be taken pos>e<ision of by Kngiand?this is very unlikely, as (treat 1 Britain docs not want to go to loggerheads with the I nlted States about that island. It is a valuable Island; but its present value is only a comparative one, j now that the sugar it produces competes successfully j with tho free labor sugar of the Britisli West India 1 Islands; and in a few years, its value to Kngiand would * be very much lessened by a variety df cdhses. and its prosperity diminished. There is a party, however, ?ho are very anxious for the appropriation of Cuba, as it is considered Great Bririau lias a rightful claim to it, in virtue ofj the bondholders, claims. I ou are aware that tho debt owing by Spain to bondholders, amounts, with accumulated interest, to tho euorinous sum of $400,000,000 to $500,000,000; and as the revonues of Cuba were pledged for the payment of ths in tirest on ino loans rcpr< soniou uy ino dodos. it is argucd. apart from political considerations, that the bondholders nro in tho position of a mortgagee, who not able to obtain payment of either principal or interest for his advances. has an undoubted right to fore- ?a close and seize property on which, as Scourlty, tho.money was lent. Lord I'alinerston has long been desirous for an opportunity to serve tho Spanish bondholders, and no may take advantage of the present juncture to advance their claims?Cuba, however, will not be taken. The rhlUipine Islands will be the spoil; these rich islands will ere long fall into British possession, and no Kuropern power can prevent it. Apropos of war with Spain: it is said, and with some truth, that Great Britain need not take the trouble to go to war with that country. She lias only to send a little money to tho Car lists, and the government would speedily be overthrown, and England enabled to establish her influence In Spain, both politically and commercially, more tirmly than ever. A ANGLO-AMERICAN. J From St. Johns, N. B.?Papers from St. Johns ' state ihnt a meeting of shipowners and others | was held on the 2tith of June, to protest agaiust the alteration of the British Navigation Laws.? The meeting, by resolution, denounced the propos- . ed amendment, as likely to prove ruinous to the ' interests of the shipowners, and the destruction of i the prosperity of New Brunswick.it was said, would j probably follow. After the above resolutions were j offered..another series were proposed taking entirely different ground and advocating the change of V i the laws. An active debate ensued upon the ques- j tion. At Frederick a meeting was held tulavor J ? i