Newspaper of The New York Herald, July 10, 1848, Page 1

Newspaper of The New York Herald dated July 10, 1848 Page 1
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% T H fuNO. 5148. HIGHLY IMPORTANT FOREIGN INTELLIGENCE RECEITBD BY THE STEAMSHIP CALEDONIA. Aflkirs In the Old World approaching a Crisis. Inevitability of a General War in Bur ope.' BFSCXAXi DSBPATOBDS to hue NEW YORK HERALD. News to the Latest Moment. oih own despatch. Liverpool, June 24?1 o'clock, P. M I open my letter to inform you, that news has this moment reached us by electric telegraph, that the crisis has really commenced in France. Yes- ( terday (Friday) the troops and National Guards were fighting desperately with the people. The sacrifice of life is terrific! It is also reported that the mediation of England will l>e accepted by Austria, as regards the Italian quarrel. This is all I have time to write. from other sources. [From the European Times, June 24.] Our express brings us the following important , intelligence:? Paris is reported to be in a state of great excite- j ment. Letters, dated at noon yesterday, state that the debate on the railway question had been again adjourned. Crowds of people had perambulated lirrvnsrK fKa nrinninnl afeonto am Tkitwailnu irA,* *?'V onvvw va xauiouaj ui^uv, i but no disturbance took place. The laboring ; classes are getting up a monster petition, which ' they mean to carry to the National Assembly, ' headed by an immense procession of the parties interested therein. Iiarricades were erected yes- j terday; the military interfered, and at the hour when our despatches left, a collision was deemed inevitable. The pretensions of Napoleon Bonaparte are gaining ground. Intelligence has just reached us from Vienna, stating that the Austrian government had accepted of the mediation of England in the dispute he- ' tween that country and Italy. The funds at Vi- 1 ennahad an improving tendency. There is not any political news from Amsterdam, but our advices state that the Bourse in that city was firm for national securities, whilst Spanish and JRusaian were very weak, and prices declining. The commercial advices from Hamburg are Unsatisfactory. They announce the failure of THearn & Co. Money continued abundant, and first rate bills were discounted at 2 a 2j per cent. It is said that ihe most active preparations are being made at Buckingham Palace for the Queen's intended visit to Ireland. Should the parliamentary business be so far wound up as to permit tha cbsence from the legislature of Earl Grey and Sir G. Grey, the Secretaries of State, her Majesty, it is believed, will leave London, en route to Liverpool or Birkenhead, on the 10th or 14th of August. The frith Felon has not yet come to hand. The first form did not go to press yesterday till two o'clock: 15,000 stamps have been taken for the first , impression. The tone ot this day s Tribune is very fierce, but still cautious enough to avoid the hazard of a Btate p.-osecntion. The organization of the clubs is proceeding with increased vigor. London Standard Office, > June 23?7 o'clock, P. M. y A letter from our Frankfort correspondent of Tuesday, states that the blockade of Trieste was ' the first subject which occupied the German constituent assembly 011 that day, when it was unanimously resolved, " That Trieste being a town belonging to the German confederation, any attack on it must be considered tantamount to a declaration of war against Germany." The insurrection in Prague then' became a topic of discussion; When several members urged the necessity of immediately requiring the different States of Germany to hold their contingents of troops in readiness to march into Bohemia. The subject was eventually referred to the committee on the Sclavonian ? Oar Liondon Correspondence. important summary of european intelligence. j London, Friday Evening, June 2;}. The revolutionary stream has not yet run itself clear. A most sanguinnry revolution has taken place at Prague, th?. capital of Bohemiu; the long suppressed feeling between the Germans and the Czechs has at length burst, and the fearful strife between races has commenced. You wrtfcfind full details below. Prague, the town of many steeples, is a heap of ashes. Barricudes have once more been erected at Berlin. France is on the eve of great events; the plains of Kivoli are strewn with the dead and the dying; Vicenza has fallen, so has Padua, into the hands of the Au9trians. The Russian bear is beginning to growl in the north, as the time approaches for him to cast off bis mask; the crisis cannot long be postponed now; war, a Kuropean war, must inevitably come. Trieste is blockaded by tbo oombincd Italian fleet, and beluga limb of the German confederation, the latter saems inclined for tha first time, since the war commenced between Italy and Austria, to take up tbo cudgels. Bavaria has formally protested against the blockade, and withdrawn her ambassador from T urin. and the question has been brought before the Diet of Frankfort. Kngland has broken oil diplomatic relstlons with Spain, and tbo English squadron is reported to have taken a hostile position opposite Crutu; generally, the contagion is rpreading. and It will soon be difficult to place a finger on the mnns of knroDc. and stiv "tranuuilltv prevails here." It in but t ight day* xince I wrote, and yet important events have i>o crowded, that I inuat needs deToto a separate portion of my despatch to each conn try, under a diatmot head, to keep the readera of the Afeir York IhrolH regularly informed of the omenta in due order as they occur in turbulent F.uropo, Let France lead the way: ? KltANf'E , Franco ia atili a republic. The Napoleon movement baa subsided ; tho Prince haa resigned hia seat. But It haa struck a sonorous chord in the bosom of the French people , and perhaps we mny yet see him at the head of an army ; but he ia not the man. and of this ho ia aware. Still he ia a mffn of some ambition, and dormant hopes may slumber within him unknown to others 1 he excitement caused by the whole affair was excessive Tnwnrda tho conclusion of the sitting of the National Assembly of the 15th. tho President suddenly interrupted the debate on Algeria, and read the following letter [which is given In another part of the foreign news In this day's litrali 1. Tho scene that followed was one of the greatest excitement. Different members proposed measures to doprive the Prince of all chances of his seat ; whereupon, a pupil of the Polytechnic school?(brave lads, those same Polytechnlcs. In IK30, they fought for 30 hours without food ; and when a cartload of broad was brought, hnlli, not bread, was unanimously shouted, by the gallant fellowa. The Polytechnic, as you are aware, is devoted to Napoleon The sitting closed In tho greatest turbulence. The sequel, however, will show that no battle took place, and that France is as quiet as Franco can be. under the circumstances. Oa the sitting <f the lttth. the following note-falso given In another column]?Iroui Louis Napoleon, announn ng the resignation of his eeat, put a stop to the egoltcment. I give you these documents in erletue, as they are of high hbtoricsl importance, and will be often referred to hereafter. The extrsnrdlnsry and sudden manifestation of so Urge a po rtlnn of the French jeople In favor of a scion |, of the Bonaparte family ha'; however. Induced thi proi ' visional gov< rrtt-v ii tr, adopt in vires to pr-r. nt any * of the trn4vt? tf the f.v'len ffjn.utlM to start as I E NE Pi President of the French republic, which, as members of the National Assembly, they art) entitled t? do. The National has thrown out hints that a decree will be issued to that effect, iiut what nro decrees against the sovereign will of a people T We have hud too many instances of this of late in Ettrope. to doubt it. The people have become aware ? a fearful knowledge if i abused?of their power, ar-d the axiom of ' Vox populi, vox Vet," has been terribly exemplified in more instances than one. The following extract from a letter written by Kinile de Girardin. the talented editor of La Pretse, is not to bo overlooked, coming from a inan an Wfll TAPUttf in Iho ulTaira nf KL ?Aiiniew I * agrees with what f bare foreseen all along. M. tie <iir&rdinsays: ? Paws, June 11, If+l-t. Ton wi?h toknow whit I think of current eton h. I will tell you. Tlie difficulties und complications of our position (illready an arriouit) far from being near nu end, hit but Just beginning. 1 torasaw tide position, and annouueud it when in I.oudoa, ae you aud otl.ert will ionn ml?r. It wan in the month of November last. To all who questioned mo, my reply wiih tide:? ''Nothing ia more dangerous tlian a ratislied majority and a discontented na'ioa. They ore two whaele that have caught. One cannot atop without breaking t> u oilier. A ohange of ministry is improbable?s revolution imminent." 1 his was no prophecy, lut a calculation, whore strict exactness has since been verified. It is quite as ea-y to calonlate what will noxt occur. After the 2fkh February, (lie institution of a republic was easy. Its man was there?its Washington. This man, such at least was the belief, was l.umnrtine. Lamartine baa missed the situation?he has not understood it; the c eential was, at acy price, to outst ip time, iustcad of whiuh he has allowed time to pass him by?he has lot the tido overwhelm hiro. The republic pcnc-nifted by a man (/.' Rrpubliqut fnile Aommr) has already t eased to in France. Will the R<] ul liifUf Countitotinn, the ifeputtii'/iie Mrcmiiime, suoocod in establishing iiaell? To lieiicve that it will, oncmust be u lacquain'.ed with the French cl araoter. The French lote the composite?they detest the simple; they are fond of luxury, and care not for comfort; they possess wit, and lack common Sense ; tliey like equality, and do not like liberty ; and precisely lwcauie they love equality, they will uever tolerate, for a permanency, the elevation of uue amongst them above all bis fellows. The sentiment of equality, as it exists in France, ia the chief obrtaele opposed tithe establishment of the republican lorm. llcnr in miud this remark; it is a clue that wfll enable you to follow, w ithout going astrav, all the windings of the lahymth in whiuh the National Assembly, called upon to discuss and vote the constitution, will in a few days entangle itself. Why must a constitution l>e written, debated, voted? lllir IB B ijuvpiluil | il 111 BlIUUI IU U1-'U?0 III It t-ITlTJ "I artlClOS, anil to commence the fiist of which 1 nm sorry now to bo ooiniielled to terminate this letter. Very sincerely yours, E. DEUIKAKDIN. The constitution has appeared, and is a masterly production; but liko the apple presented by Taris, the Trojan shepherd, to Venus, this second Paris has also presented an apple of discord to the contending partics. Upon the whole, however, the effect is a good one. Broad democratic principles are laid down; but the olause respecting the nomination of the President will be the point on which the debate will turn. A gentleman well acquainted with French politics, writes as follows:? "lbs mode laid down for the election of the President of thu Republic is already the tuljoot of controversy. Many object to the nomination of ihe President by universal suflragc; and, uuriously enough, those who are loudest In their opp.suion are the ultra uemociata It must In admitted 'hat their departure in this respect from their own avowed principle of everythin 5 for the people, and by the people, appears strange. To ssy <he least of it. It shows that they leel little oontidenee i 1 the clioiun which tiie people would mako. They evidently fear that the ehaioa of tlio majority of the people of France would fall upon some one who would he anything nut agreeable to its present rulers; in short, that it might fall upon Princo Louis Napoleon, the Prinee ot Joinvil'e, or even en Henry V. himself. It is on this account that the olause is introduced by wl.ioh tho Assembly is to lie allowed to select the President lrom among the live candidates who shall have the greatest number of votes, unless one of the candidate* have an absolute majority of all France in bis favor. The clause with respect to the election of the President, against which such viol nt opposition has already shown itself, was, it appears, adopted by the roamittM unanimously. Tho clause which allows the Assembly to seh et the President from among the live candidates who lutve the greatest number of votes, is also likely to be strongly opposed. Not only it ft a flagrant breach of the principle of universal suffrage, which (who her for good or evil) la the fundamental principle of the Kopublic, but it is likely to load to an iinnicnso amount of discontent. Between the first anil the Hlth there may be an enormous difference. Tho Hrst may have millions of votes, while the fifth lias only a low hundred thousands; and yet tho Assembly may select thu fifth in preference to the first. Tiie danger of an opposition In this re?ivut on the part of the Assembly 10 the popular will would bo fraught K1U1 imager, ano some 01 urn ] nperj aueau.v p lul It out us very likely to open the door to oivil w ar" In fact, Franco is far from having settled down into anything liko order yet. I send you tho draft of the Constitution, [which wo give in full in another column of tho Herald J M. Clement Thomas has resigned his command. His denunciation of the Legion of Honor as a gewgaw of vanity, is at the bottom ot this resignation His rise wss rapid. From a clerk who addressed letters in the bureau of the National, he ro?o to one of the highest dignities in the State, occupied the apartments of the Duchess of Orleans, had thirty carriages at his orders, and lived in imperial splendor. His star has sunk! Cavaignac has. I think, still a part to play; he is a good soldier, and lias a Arm will. I do not think Lamnrtine can hold power much longer. The following article from M. de Lainartine's orgau, J.t Hi en P ublie, is worthy of perusal, as showing the attitude likely to he adopted by Frunco in the coming struggle in Europe:? "The Executive Committee has presented to the National Assembly a decree for mobilising .'Do battalions of the National Guard. W hat is the objoo -. of this decree? Boos the government intend by this exceptional men are. to suddenly stump its f >ot upon the ground, like tho convention, and raise frooi it an armod republic to Is) launched forth upon Europe? No: Franco does not dream of any war. any conquest, uny aggression. ller policy is {*ace; to attract by the force of that idea, t?io other nations to oin her in alliance. She h ?ks on tranquilly, with her arms at ler fret, at the decomposition of monarchies The, ti ercfore, of the National Guard, has nothing in it thr. u oning to Europe. It is rot a new, unforeseen, extreme, or revolutionary measure', which the executive committee proposes to tho Assembly; it is loll the pure and simple application nt on Ol I law, voted by a Chamber wli ch was certainly not bellioose, under the monarchy of July. The republic desires no more tlian to derive from this law that strength whcli hoe been suffered to lay dormant for sixteen years. It calls for it as a measure of prudence, economy, and unity. This is tbc only object of the decree. Friu :o,uni|i estionably, has shown herself to lie disinterested from the day alter the revolution. Never had the god of war a finer opportunity for taking levengc upon the Holy Alliusco. The exp os on aiiixiuu n..e ?? n uw ? u?s?i unto noon inw iuuii uu far bml wide, vibrating ou her frontiur indefinitely. The rupublio has absinincil, from a devoted rcsiieat to its principle*. It has had no desire to saeritice the freedom of other nations to its own ambition; but will not entry its abnegation so far as dupery. If it is willing not to its limits,it will not suffer O!' i or States to lay down their maps according to their own fancies. For example, it trill riot allow the Kino nf Piedmont to itrrtrh hit a r in* f nun one of the Italian tea' to the other, and I hi it adjudge to hiniti If no fewer than twelve militant of * tlbjrcti r/w more wi'h the 'our fort re* set of Alexandria, Petehiera, Mantua, and Verona, thvt re ettaldithi aj to hit men advantage the Austrian sovereignty over the Penintula. The French Kupnhliu is evidently Pound to watch narrowly this absorption of Loinbai dy by Piedmont. It must domain! a compensation for this new extension of territory, this accumulation of jtowor, bvwhiihtho King of Sardinia Ubr.nging 1-onthardy tip to our very Kates Wo cannot leave within a fewr days march of Lyons, of Toulon, of our Hanks, a suddenly formed State; through an increase of its population, raising the numerical streoKth or its army from HNUXM to 100,000 mon. There ia, then,an absolute necessity for our taking immediate steps for insuring our safety. Wo will commence these incisures through the ehannel of diplomacy. But diplomacy does not speak with sufficient feme to armies in the field, unless tkoro are other armies behind. This is the prudential reason." The Sardinian government has demanded explanations. The cause of Italian independence has suffered during the last week. Vlcenza, after a most heroic resistance, Tadtta, and Treviso. have nil been recaptured by the Austrian*. The wholo of the Venetian territory will follow. The union of Lombardy to riedmout has been signed, and negotiations of peaco between Austria nnd*Sardinia have commenced. How this will end still lies concealed in the womb of time. ENGLAND. Our little island eujoys perfect tranquility Thereform agitation Las heen brought forward by Hume, but is ns yet in Its infancy; but the wide-spreading oak was once an acorn. Klectoral reform is one of the necessities of tho age The chartists arc (in my humble opinion) making fools of themselves, and are not to be confounded with the reform movement. Ireland is tranquil. AUSTRIA?BOHEMIA?HUNGARY?FEARFUL SCENES AT PRAGUE?BOMBARDMENT OF THAT CITY. The loDg suppressed hatred between the Fxecli (Srlavonian) and the German population of Bohemia, has burst out in a fearful flame The flight of the Kmperor of Austria from Ills capital, the dismemberment of his empire, roused the courage of the native population, and the result lias been fearful. The following details arelrom the hist authority : On the l'2th. the gallant commander of Prague refused to comply witli tho demand of the studnuts, to give them arms ; this wss the commencement of an outbreak which was organi zed beforehand 1 lie Cologne (Inrette gives tlie following account of tho li st day's lighting The (Irst shot that was fired killed Princesi Wlndiscbgratx. the wife of thecotninan to "The energetic snd precautionary measures tAken hy I'rinee Wiiidischsratz, the deadi ilisdang brtvery of the soldiers, seem finally to have eartied the day; the insurgents were diivenoutof all the piineipai slrcots. the barricades having been swopt clear off by n well dire' led t r , out msdes'anil in the narrow lanes and alleys The battle botweon tlie troops and the people raged fiercest en il,o 12th, ai d was still going on nt midnight. On the 13th, tho caniii n eeaeod firing, and a sort of tr e? ensued. The swarms of ... f,.,.., ,1n,1, v I' .1 In vein lefeee .... ........... into ti e town: the garrisons iri"t!ic vicinity received reinforcements, ttunph seine were dispersal by the (Jacobs. On tlio 1.1.1), Wliidfchgratz announced his intention of re-opning hin lire upon any fairiendcs that remained, and he la a man to keep Ids word. All tho tie | nit lea of tlio Sclavonic congress?ell strangers, amongst vi hi in nru many Polos, were onlerud to loavo Prague on the l.'ich, under militnrj crrort?a aura sign that the tToons ore matters of the pliice. Tlio riling seems to tmve been putelv Caeclisoh or Sclavonic. llow far tho Provisional Government la implientoil 1 > it ill to l e seen. Count Is-n Thnn ia reported to be a prisoner, Imt wholher ho wna soired hy the troops or hy tho people is still an eni;'inn." The correspondent of tho Cologne (latrtte given tho following account of tho death of the unfortunate princess:? "Respecting the commencement of hostilities, and the death of Princers V indischgrnt*. I have received information from trnstvri rthjpmen, eye-w itnesses of the tcene. On the 12th, IVindischgralt declared to the people, who were advancing in den 10 messes against the troops, thntif the barricades they were erecting were not removed hy four o'clock in the afternoon, ho should sweep them away with artillery, and tiro ii|hoi them. A little I ofoio four o'clock the shot was lirvd which killed the Princess. Tliis was the signal for the commencement of hoatilito*. Some grenadieia rnahed into tho Angel Hotel.where tho ihot unsxiifp t to have teen flreil frnm. and tnr persons who civn mo this information had great dinteuUy to save the r lives from the infuriated soldiery In the adjoining room a stranger was riddled thr ilgh and thrcngh by their baynnato. The Princess, howrever, Ml by tl e hand of a-lager, whom the Prince had dismissed from his service some time previously, and who had sworn revenge against his master. The villain took a room in tho house adjoining the " Angel." and lcmained with a loaded rifle watching hn opp irtnnlty. Seeing some ot e moving hahin.l a curtain in the 'Prince's apartment, and Micvlng it to be the Prince, lie fired, ami t'e onfnrta nate Princess full weltering in her blood. The son of tho l*rinoe was seveielv wounded In the aflrnv; two colonels and many nffl.ors wete picked off. All the gates of Prague am ooenpied hf 1 the mtlitarv, and the guns of Mie forts Wlsohorad and llrsdschin kry pointed towards the city." Tho population of I'ragn* enooeda 110 000 Inhabitants. The following extracts from tho Vlnnna, Ror in, ' Polegne and Itres'len Journal*, irtvo aJUHt 1*' u . ' tlculara W YC (EW YORK, MONDAY Vienna. Jum 14.?The latest intelligence from IVigue in that he inMirgcnta, so '?r from lielng victorious. wer , i>n the contrary, losing gr. ut ii. sol that tiui troops, aooondrd l>v theUur .,an p ipnI lion, ami a ptirt of the National Guard, had succeeded in u ,ipvlng the bridges over the Mo'dau, and had intem'ptcit all com. inunicatioi lelwccrthe oountty and the parti of the town hold by the iuaurguntH. The lighting was not over by the las' nacmin'*, hut the rmculc was fust losing ground The most conflicting stats ments are afloat rer|ieoting theso events. The circumstance of Tlnin being a prisoner iu the hands of the insurgents, induces me to bell ve that theontlrralt was of a reactionary eh trncter egoii.Ft tiennan uni|y. <'o the tr top. roooverin: th-iradv itisp1, Leo Ihun was released. 'llio l*ruyl.sienal Uorernuieut is dissolved. A Imnentable episode of tlio late conflict at Prague is the death if the Princess Win disc), grata. This unhnppy lady was the daughter of Field Marshal I'rince flthwarsooherg, and her mother is the lady who peril lied in tlie (lames, wliile andeavorin?to her child, at tin: ounflagratlcn ?f thu 'cities hall rreu'cd us a ballroom to celebrate tie marriage of Napoleon with Maria bonis.i of Acs'iia, an occurrence which at tho lime caused an immense aenaaion. We shell soon hare posit ire information on theao unaccountable fa' la, ns tho government hav dlspitohud two otMrilWiM, one civil the oilier military. to Prague, to make Inquiry into the event* ntui, if poasible. to take measures to restore order. Tho moat conciliatory course of proocediiiK ia recommended to elfeet that purpose. .Another letter in a Vienna paper suys:? Tlie arro erec of the Ctochs inoreacoi d ily, and tho Gorman in) ah tacts cf Doheiiiia describe their situation as most precarious. Even tho Caecliahere (at Vienna) do not eoncoal their feelings it was twit yesterday that some of them piradod the strueta of our capital, singing song* insult inn to the Geruiaua, and even tore down the Cer.o'.un coekado wherever they c ubl do so with impunity. They have Icon ordered to leavo the city, which they din in n'large hody, to go, ns th?-y termed it, "to the assistance of their brethren at Prague." This expulsion of theCiechi from Vienna- the Swornost-incn, as they are styled, will no doubt bo exaggerated nod turned to ncunuut by tne Itohcmian press; und. though Vienna is sale, wu fear that the shrieks of our murdered countrymen in liohemia will soon he ringing in our ears. Tho Deutsche JlllgeVteine Zeitung has advices from Prague up to tlireo o'clock on the 14th Inst. On the lllth all the principal streets and squares were occupied by the troops. The head quarters of the iusugents were in thu f arolinentbal. On the afternoon ot that day they demanded a p-rley. Prince AVindischgratz would listen to nothing till tho remaining barricades were removed This was refused, and fighting recommenced, but of a skirmishing nature. The Czechish troops fought bravely against the insurgents. The Wiener '/.eitung has advices up to 2 A. M. on the morning of the 15th according to which, Prince Windischgratz whs in complete possession of the oity. They ascribe the insurrection to the machinations of the nwnrnoei iacuon. j ne Wiener Zeittm/t gives the following interesting details:? Ow ing to the refusal of the 1'rinoe to give arms to tlio people oa the 10th, the Swornost faction prweoded in largo numbers to the residence of the eommander-in chief, where they sang songs inMilt'tig to the I'rinee, accompanied iiy hootings and throats. The Trilitary on duty having in vain called upon the mob to be orderly and disperse, and the fatal shot being tired at tliie moment which deprived tho unfortunate Princess of hor life, the Prinoe, with grcnt dignity and calmness, ml vanned in the midst of them, and addressed them to the following effect:? ' (lentlemon?If it is vnur desire to insult me, hceeuse ( am of noble birth, go to my palace, and do there as you may think lit. 1 ?ill even give you u guard, that you may not he disturbed iu your amusement. Lint if you act thus because I am commander of Prague, and put pose making a demonstration in front of this building, 1 tell you candidly that I shall prevent such a step with every means at my command. My wife now lies ? lifeless eorpso nbovc stairs, yet 1 address you in words of kindness. Gentlemen, do not drive u.e to severe measutes.' After this noblu speech, umler circunistnncns of so heartrending a nature, the Prince, instead of being hearkened to, was roughly seized upon by two Czechs, and dragged to the next lamp-post, wliure a rope was soon provided. At this moment, the Prince's grenadiers advanced with fixed bayonets, and in less than a second cleared the square and delivered tbe I'rinee. Five minutes afterwards, the artillery swppt the strents. Prince Windiscbgratz is spoken of as one of the most distinguished generals in the Austrian servioe?a perfect soldier, of great onergy, and a will us firm as iron. The Bohemians fear and respect him, and call him ' Prince Herod." His men are blindly devoted to him. Notwithstanding the fearful misfortunes that have befnlien tbe Prinoe. (his son is reported to be inortatly ! wounded.) says a letter in u Dresden journal, tho ener- | gies of the Prince are unabated, and he gives his or- 1 ders with the snuie prcciaiap and calmness as usual. Tbe Leipzic Gazette brings tho news up to the eve- ! nlng of the lutli. The details are interostlnir : On tlio l.'ith, at mill <lay, the military had completely the upper I hand, and Prinoe WindiiM hgratjt dutcrmiraed tn restore the coin- j municuiion between the old and new town. For thia purpose lie ' caused the chain bridges or- r the lioldan, which had lieon broken, to be repaired, and the barricades on the leseer tide tn lie taken lij at' nn. In thia affair aeveral of the trno[mwere killed, being < shot from the neighboring window.". The lighting here lasted till ! six o'clock in the afternoon, when tint Cxeeli party demanded a i pailey, and hopes were held uut that the studen-s and tho people , would la* down their arma. The ('roohs, however, rcijuiretf that Pr nee \V indiachgratI and the military should leave the city ; consequently, every idea of accommodation was uhandouod. The miner wan spread on the night of the l ttli that there would lie a 1 policial attack on all tho German inhabitan's of the town, fro it | fright wascausedby this, ami whole funilics might he aeon flying through the gates of the city, leaving their all behind. After the I breaking off the parley, the people retired to l'odakal, where tliey conoentrated themselves, and where the Jngers and hussars fol 1 lowed them, to attack them, 'iheroa terrible slaughter ensued on I" th sides; twenty-six hussars were thrown Into the Moldatt by the (H-optc,nod the battle)* Mndl lb 14thof .'one, at li -tf]?ist nine. On that day General Count Mensdorffarrived from Vi entm. in order to as-uuie tho command in-chief, in tlie hope that as the Bohemians seem to have taken aveliement dislike to I'riuco Windifchgratt. the assumption of coinmat d by Mensdnril might restore pcaoo. This was, however, a vain hope; the tumult In- j creased every moment, tho fight was renewed, and the Czech party obtained possession of tie town. Prince Windischgratx then sliandoned the town with tho military, and retired to tin heights re nd the city, frnmthonoc to bombard tliu town. Tlio I-otenzenl erg, the llsricnschanre, and tlie /.isoaberg were occupied w ith cannon; and tiie Clemcntinnm, C.iroliinim. and There- ' BlMnnn strongly cannonaded. Such was the state of alfair* on the ! the Uiorolrg of the Kith, to which date our accounts reach, j Count Leo Thun had I-ecu obliged to fly in the disguise ofasor- | vsnt. A le tter from Vienna of tlio 17th. says:? The news from l'rngue is melancholy in the extreme. To-day, j we hear the insnrgenn continued to hold out with unflinching obstinacy. Prince WLwdiaohgruts had meat ana il bhaMbf j the town, all tlie inhabitants willing to lcavo Prague,having | own auowea in William*. i lie ministry nave received n<> information n* to the result of the proceedings of tho twocommissariesfent to the capital of Bohemia: in fact, the stateof affairs they found there must have been such a? to leave little room for orderly negotiati on. The details received , m-crning the insurrection art aptulli'g; the most h'deous acta of atrocity have t>eeu committed. Murder and pil'age reigned in t to city, and tho German inhabitant*, who at the risk of their Uvea had eicap.-d Into ilie country, were rohhtd by tl o handa of maramlersinfcsting the neighborhood The destruction of property had already been consldiridlc, when tho laat accounts lt-fi; audit finuTul to reflect on tlic retult of the hnmhnrdmont, cannon having been | t'ri<< J on tlia surrounding hjighu, a > as to play up ,n tho city reneath. with the roost frightful certainty. The news from I Prague form* the chief topic of convcrs-il ion here; thcao avenue of 1 horror for the prewnt, throw other events in tho background. Tlio suppression of tho military revolt at Pesth, is happily con- ( tinned, I nt the remit was not obtained without the loss of life. Aw org the killed, was Lieutenant Colonel Hamburg. We are still uncertain whether the Emperor will open the Diet in pcraon, | nrwhether he will yield to tho suggestion* of the pirty by whom ho is surrounded, and who would induco him to l>eliavo his life w ould ho endangered by his return to the capital. Another account says : Tho seetieaof horr-T are frightful in the extreme. A stationer, rained Wtisa, who, in his capacity of Guard, had slain ' two students, was crucified on Ids own door, ami his house demolished. If Prince Windischirnt/. had been captured it was resolved to > nt off Ida head an<l stick it on the highest pinnacle ?>f tho tower of tho Town If all. The Prince, with a very polite message, sent an escort of cavalry to accompany tho members of the Sclavonic Diet in saft ty to the gates of Praguo. I'aater. one of tho leaders of tho Swornost faction, met his death in a singular manner. Dressed in the costume of a Czechish Duke, lie stood on one of tho barricades surrounded by a body of amnzons and followers On tho advance of tho line with fixed bayonets his courage failed him. and he was about to run. which one of hi' friends perceiving, cooly passed his rapi -r through his body. The barricade, however, was finally abandoned. Nearly a wliolo company of the regiment Wellington was cut to pieces here. The latest accounts from Prague describe Iho state of the city as terrible. The cannon were still playing upon the city front the St. T.oreenznberg and Wlscbierad. the Jesuiten-strasfo wns in flame', whole streets were in ruins. The son of Prinre Windiscbgratz died of his . wounds on the 16th The fury of tho C*?ehs know no bounds. They cut off the nosos. ears and lips of all the soldiers that fell into their hand'. No quarter was | asked and none given. Kacli man fought for life or death. At eight o'clock on the morning of the 17th the Ml msiry received 111c following telegraphic despatch at Vienna Prince Windirchgrats lias resolvod to lay down his commam). Count Mensdorff lias undertaken the provisional command.? Tranqiitll ty may lo exprcted.j The bombarding bus cvsed. The troops gradually advance as the barricades arc. cleared. A second telegraphic despatch was recclred at nine o'clock at. night from the Burgomaster at Prague, it is ?.s follows :? Aa the burghers and stndi nts an- roady to re-establish oplor, t the Hun" master requests that thn mini-trv will conttrm tlio tol- i low iig by I cloy rn pli: ?' Tlio military. ?itli tlio exception of (imna- i diers, me to nler the city, and until the delivery of the petitions by our deputations to tha Kmicmr, and to onr minister*, no ar- , reals or honae searching* shall t.xlo place on the partof the raili- I tarv. The deputation will atert lor Vienna this ovening." i'rasno iain a moat perilous condition; a arcedy settlement Is Indi-pcn-iihlo. Boron Von rillorsdorIT sent the following reply by j telegraph :? The ministers exnnot grant the required oontirmation demanded thie day, I,nt they have empowert-d the Court Comnessioner* to do so If thny consider this rtep calculated to reestablish peace. It w ill then tore l>e requisite to refer the request to them. Thus has ended one of the most sanguinary of the many revolutions of 1848 But It Is In nil probability, only ended in tho capital. It is the enmmtnetmemt rfe la Jin. PRt'SSIA. A change of ministry lias taknn placo In Prussia. Tho Prince enjoys popularity. Berlin is anything but quiet, and has very nearly had a renowal of the revolution of March. TIIK l.ATKsT PROM T1IK f.KVANT. Our advices from Constantinople are of the 7th of June. Djoulckn. tho leader of tho recently defeated insurrection In Albania, has been ruptured, and has implored tho clemency of the Sultan. Sir Stratford Cunning nrrived at Athens on tho 2d. on his way to ? onstantlnoplo. He wn.s the next day received In private audlenec by the king, and dined with his majesty the day following lie subsequently had numerous communications with the king, and with the chiefs of different parties, and was favorably received by all The Ministry of War. at Athens, was preparing a bill for tlie Inert ase of the army. The Chamber was proem ding with the discussion of the budget. Tho Insurrection being at an end. the corps of volunteers had been dissolved Accounts from Bevrout, of tho 1st June, state that some disturbances liavtt taken place Intbo neighborhood of that place. In consequence of a quarrel between two powerful families at Nafeta?those of Ch?msin end il< s'bii. Several combats took place. In whle't blood was ffilt, and much prqicrty destroyed. Tlio t'stba bad I lie culprit chiefs before him arfd the r <S lit Istliatlhe families of < hernsin and Rc lan ?>' >adi mm d to v lfo nCi p|tr?s f ,e the dams "" do eI ! '. has ' >, Hid en Bey, of Dana ?m, u.i go. j

% >RK I MORNING, JULY 10, 18vernor to Siifetm la other respects tho country 11 quiet. nOYPT. Mebemed All is still alive. HI-AIM. A change of ministry is dally expected. Dcrtrand dn has already resigned as Minister of Finance, and is succeeded by Orlanso. Narvaex still remain! President. Portugal is tranquil. Our Southampton Correspondence. Southampton, June 23, 1KIS. 7/ie Effect of the Mexican Treaty in England? The Relatione letioeen Great Britain ami Mexico ? 11\e West India Colonies?Ministerial Changes ?Intentions of the English in the Pacific?American Steamers, fyc. fyc. fyc. I have very little news to communicate to you from Southampton this week. The steamerTay, Irom the West Indies and Mexico, arrived on the evening of the 20lh. The intelligence she brought from Vera Cruz, was to the eflect that the treaty between Mexico and the United States would positively be ratified. This prepared us for important news, received by the Hihernia, via Liverpool, to-day, that the treaty had been ratified at Queretaro, by a considerable majority. The news of the ratification of the treaty, so essential to the interests of both Mexico and the United States, I* variously commented upon in Kngland. Should Mexico be able to establish a flrm form of government, after the withdrawal of the American troops from its territory, and should that government be enabled to preserve order, provide for the due servico of the departments, so as to allow trade and commeroe to resume something like its usual course, then British merchants will have cause for rejoicing at the ostablish , n..? it i.. c...?i ?u?? ?u.. . uicuv ?'? pcavv in ?o?idu uiitu tuv wurnt n*?UllN are to be apprehended for the Mexican republic; that internal dissentions will take the plaee of foreign war, and that any thing like pcuce, security for property, or l-egulaiity in the affairs of business, can hardly be looked for yet some tine to come. The Tay brought on freight from Vora Cruz $745,000 on merchants' nccount, also 470 serous of cochineal, and other valuable goods. Sir Henry Light, R. H. B., lute Coventor of Domerara, was one of the passengers. It was reported by the Tay, that $2,000,000 were to arrive by a conducta, at Tampico, under escort from the city of Mexico, for shipment to Kngland. Large remittances are expected home from Mexico, to the extent of $10 000.000, so soon as the peace was certain and the mines could resumo working. It is now a matter of much interest amongst the mo neyed class, as to whether there exists any chanse for the holders of Mexican bonds to obtain a s ttlementof their claim against tho country and government of Mexico. You arc aware that the public foreign debt of Moxico am- unts to nearly ?10.000.000 sterling, say $50,000,000. and that the bonds, bearing an interest of 5 per cent , representing that debt, are held principally on the stock exchanges of Londmi and Amsterdam; there are now three or four lia'f-yearly dividends due on Mexican bonds remaining unpaid, and the quotation, at present, on the London exchange, is 10lf to 10% per ?100 bond; that is, a bond of the ropubliv of Mexico for ?100 sterling, bcuring an interest of 5 per cent per annum, and having two years interest (?10) due upon it. may be currently bought or told in the market for j ?16 to ?10 10s. Such u low price us this ruling tor the ; bonds, is a convincing proof that speculators and capi- j tulists do uot possess much confidence in the stability j of the present Mexican administration, nor do they fee any very early prospect of a settlement of the bond | holders' claims. It is stated that large purchases of 1 these securities have been made on American account; I but it is not generally believed. Hopes are entertained that some pa>t of tho payments that are to be made by the United States to Mexico, according to the terms of the treaty, will be devoted to a payment of interest of the Mexican debt. I should add, that th- rat idea- , tioD of tbo treaty has improved the prioe of Mexican | storks. Tbc steamer Thames sailed on the -1st for the West I I tidies, with the usual mails. She was detained from | the 17th. ber regular day of sailing, to the 2lst, in order to tako out to the British West India colonies the result of the debate on Lord John Russell s plan for relief to the suffering Wost Indians As, however, the debate was adjourned till the 22d, (last night) it was thought better to send her away in order that the intercolonial mails might not be interrupted Theraeafure of Lord John Russell was voted by all parties to be insufllcient tor its object, and not sufficiently comprehensive to afford any real relief to the British West ! Indies. The measure was peculiarly inopportune, as parties in Kngland are now constituted, and seemed I to give satisfaction to no one. The conservatives and ; protectionists, led by LoidUeorge Bentinck, opposed ! It in virtue of its being utterly inadequate to the relief | of the vast distress existing in the colonies; while, on 1 the other hand, the free traders, led by Mr. Cobden and Mr. Bright, gave it unqualified opposition on the | ground of its infringement of the principles of freo ' trade. It is thought by some that on this sugar question, as connected with the West indies, there will be I some change in the ? alii net. and that the ministry will go out. or undergo important modifications.? Sir Charles Wood, the present Chancellor of the Exchequer, was mentioned as being intended for the Premiership?Lord John llussell to be | elevated t? the upper house ; the Karl of : Ifardinge. late governor general cf India, to be vice I roy of Ireland. in place of the Karl of Clarendon. Whe- I ther these reports are true or not. 'tis very hard to | say; but it is certain that a more unfortunate or inca- i pahl* government nevtr existed in Kngland. Not a single measure of practical utility has been proposed, I and every measure brought forward has been ! characterized by that teiuporixinj. do nothing, no use sort of policy which has always distinguished an aristocratic whig government It is almost th? general desire to see Sir Itobert Poel at the helm of affairs?he hns the confidence of the country.and posscssesthe independence to propose measures sweeping and effective. The llipon steamer sailed on the 20th with the Kast India and China mails, having on board Admiral Sir Francis Collier, who proceeds to Hong Kong, with his secretary and flag lieutenant, to tako command of the British naval forces in the Chinese seas. Some reports havo hern circulated that the admiral was to preparo for instructions, to lie subsequently forwarded, to make a demonstration against Manilla and the Phillipino islands, in consequence of the Spanish dispute. 'Tis certain that l.ord Palmeraton and the British government have an tden that now is a fitting opportunity to force the claims of British creditors upon the notice of the Spanish government, and to demand a settlement, in sonic way or the other before diplomatic relations ran be resumed. Tis Tery doubtful if Admiral Collier has any instructions to seize the Phillipines; hut it is \ not unlikely that the gnilant admiral may have been ; instructed to hold himself in readiness, in the overt of j such a proceeding being found necessary in Downing ' stroit Von will learn by the newspapers that the overland | Indian mail arrived in London on Wednesday the ] -1st. with dates from Calcutta to tho 'Jd May, and Bom- | hay 12th May. and brought confirmatory accounts of i the murder ef Mr. Van Agnew, of the Bengal civil service, and Lieut. Anderson, of the Bombay Fuslleors, two representatives of the Kast India Company, at Moultau. By 1heso ndvices it would appear that tho two unfortunate gentlemen were brutally assassinated, without a shadow of pretext, and in the discharge of their duty. This lamentable incident and subsequent insurrection. will, it Is thought, lead to serious diliieulties on tho northern frontiers of British India. The hot icason was setting in when tho outrage was committed. and it would be some months ere the Kast India Company's troops would be nblo to move upou the dlsafli ct< d district: in the meantime, it is only natural to suppose that tho insurrection would gain , ground, nnd that l)ewmi Moolraj will be joined by all ' the hordes of turbulent men of the late army of Lahore. disbanded upon tho occupation of the I'unjaub by the Knglifh forces. It may, therefore, be expected that in the course of a few months, some engagements will tnke place, and that tho usual account' of the ssnguinary conflicts generally attending war in India will bo received. I have no news to Fend you from Spain or Portugal, as we hare had no arrival from the Btscayan port?. The Madrid is due on the IHth, with the Spanish and Portuguese mails, and next week I shall have something to communicate. Th-' American ftcamer 1'nited States is due at Havre to-dnv or to-morrow, and the mail strainer Hermann is looked for off Cowes on the ftth proximo. It is a great pity the Ocean Steam Navigation Company cannot manage to keep up a regular steam communication hetwien New York anil Southampton Off all other places, i am convinced (perhaps excepting Liverpool) Southampton Is the best port fer traffic to New York by steam. Just opposite to Havre, it commands a great traffic from Franco. and being so close to London, and by London with tlm North of must attract all travellers desirous of proceeding to the i nited States, when a good nnd regular line of steamers shall have been established. It was reported here, but not confirmed, that the owners of the United States were about to arrange with the Ocean Steam Company, for that vessel to run upon the New York, Southampton nnd Bremen line if this lie true, It will certainly he an advantageous arrangement for all parlies, i nion is strength, and in the present State of American ocean steum navigation, a union of all conflicting interests would lie better than competition. Our French torro*|H>??ioiico. 1'aris, June 22, 1K4S. Tli- .Vno Count it ut ton of France?The' Felines of the Fad train?The Resignation of Prince f*ouin No potion?Tor Prrttndcrn in the Fit Id?The Effortn to ruin the Itepublic?The Fearnof the Rich, ?Vr., $-r. The groat event of the week has been the publication of the project of the constitution, which I send you. This project, as might have been anticipated, has Madefied no party, liut, most of all, the ultra democrats ate enraged beyond all bounds nt it. It iv3 enough cl d mocncjr it, and more * 0 % IE R A 18. than enough, to deprive them of all decent pretext for attack, and thin in the reason why they are moat ! furious. It has done every thing except destroying the rights of property and the ties of family. Madame Oaorges Naud, whom you must know in the most rabid of democrats, declares that a President eligible at intervals of four years, or only three, is as bad as a King; and Chambers lasting three years, hare all the vices of a monarchy. This remarkable lady j would h&To annual parliaments, annual presidents,annual magistrates; in fact nothing would he stable if she had ber will, and Kranoo would be the theatre of chronio exeiti mcnt. Another event which has Itrnalised the Interval 1 since my Inst letter, has been the resignation of Prince i Louis Napoleon, who, you will recollect, was elected a , representative in the Assembly for no less than f^ur 1 departments. Nothing could exceed the popular excitement which ' followed the announcement of his approach to the j French capital. The executive government resorted to every practicable means to induce the Assembly to i pronounce his exclusion, but was all In vain ; his admission was voted by a large majority. The letters which ho addressed to the President of the Assembly afterwards became suhjeets of contmtion and discus- i sion. Ills name was adopted as awttohwordin the ! streets by the populace, and In some instances iu the barracks by the military. The government bcoamo alarmed, and li was announced that they would apply to the Assembly again for a decree of exclusion. Iu the midst of this excitement another lett-r arrived from the Prince, greatly to the a-tonishment of all, in which be resigned his commission as representative, on the ground of not wishing to be tho means of exciting 1 disturbances in France, imputing, however, the distur- I bances to the hostility manifested against him by the government. I do not give these letters here ss you will see them in full in tho London journals. This resignation of course put an end to any further hostile proceedings on the part of the government, hut it has only augmented the popularity of the nephew of tho Kinperor. I have just learned that be has been elected Colonel of one of the legions of the National Ounrd of the Banlieue, and is likely to he elected Colonel of the '2nd legion of Paris No one entertains a doubt that he will again be returned by still larger majorities for one or more departments. In a word, tho meUt which is now about to ensuo in France, owinir to the conflicts of nartiex. will make tbe chances of the Imperial family not at all bad. We have now several pretenders In the field : there lathe Duke of Bordeaux, the I'rincu do .loioville, who la tbe uncle of Iho Count de Paris; the Prince of Leuchtenburg, son-in-law of the Kmperor of Russia, another Bonaparte ; bestdeR, the sous of Lucien, late Prinee of Canino, and Jerome, ex-King of Wostphalia. It will scarcely be believed by your publio, that the republic here is uow actually unpopular with the masses. The fact is nevertheless indubitable. For several nights tbe populace have collected at various points, and particularly in the square in front of tbe Hotel de Ville, where the general cry has been ' Vive Napoleon !" "Vive I'Empereur!" The night before last, an individual had the imprudence to cry, " Viva !a Hejiuklii/ue when he was immediately seised by the mob, and carried to the quay wall to be Hung into tbe river, tie was only saved by the interposition of the military and police, the latter of whom suffered severely in the conflict. Tbe Boulevards andother public thoroughfares swarm with hawkers, selling at a sou a piece, little copper medals, bearing the efllgy of Louis Napoleon. Some millions of these have, they say, beon put in circulation. Portraits of the Prince are also stuck up in the principal thoroughfares. Hawkers areslso seen selling these portraits, bearing one stuck on a board at the end of a pole. innumerable caricatures are exhibited, having reference to this state of things. One of them repre<?nts tbe Prince de Joinville and Princo Louis Napoleon presenting themselves to the French populace, the former bearing the OaUiccnok, and exclaiming " Je .tuts I'onrle de man nevev and the latter bearing tbe imperial eagle, and saying, "Je suis le neveu de mnn oncle Mtniiwliile inihfrv stalks abroad Wealth ranlr anil fashion have vaniehcd from the Krenoh capital?the I places of public amusement are empty, anil threaten, it i? said. to close their door*. There are 1(h) 000 unemployed operatives in Paris aloae, receiving a dally stipend of thirty hour from the State for nominal labor, and in the whole of France, it in estimated that tho operative* similarly supported, are receiving from tho S'ate a gratuity at the rate of 80,000 millions of franca year. Private enterprises are thus doubly rendered Incapable; the pressure necessarily consequent on the present state of things would be bad enough, but the operatives now demand exorbitant wages, knowing that I hi'v liuve the nttlin-a natinnaux to fall back upon. AVhnt the Issue of all ibis will be, no one can ten; hut the higher cissses fear it will terminate either in annri'hy and terror on the one hand, or a military despotism on the other. INVESTIGATOR. Paris, June 22, 1848. The Bourte ami Monty Market. The adjournment of the discussions on the railways has nearly put a stop to all business, and this, ! added to the uncertainty of ull financial measures, j enables me to report no changes of any importance since my last. Every one was disposed to think, before it was ; made known, lhat the great financial secret of M. 1 uclerc would exercise a marked influence on the i public funds; the Minister himself made it a mys- | tcry, under the apprehension, as he said, lest it ' should he known too soon, and occasion an ino;v- ' portune rise; but the speculative world do not hold, j it eeeins, the Finance Minister insufficient revcr- | encc, for on the very day when it was published. ' there was only a rise of twenty-five centimes on the five per cents, and none ut all on tbo threes. This proves that at the Bourse this much boasted scheme is consldired impracticable, and that speculators have sufficient confidence in its being rejected by the good senseof the National Assembly Bombastic and exaggerated language goes for very | little at the Bourse; thev are more apt to be convinced { by dry figures and practical (plans, and they were not | very much disposed to believe M. Oar n I or I'ages on his f mere assertion, tbat ho had found a means of converting the litrge deficit hei|ueutlied by the monarchy into 1 a surplus. Tin y are not. therefore, very much disap- I pointed in the abortive scheme of his hcntn ten car. M. Duclerc. in the resourcos so pompously exhibited, , there is but one serious item?the loan of 150 millions by the bunk; but this would have been (as M. Thiers bus very justly said in the Committee of Finance) much In tier ni gotiated d'ructly with the public. It iuvolves , the creation of a certain amount of paper money by the hank and although the Minister has decidedly and wisely set his face against paper money, we must not deceive eurselves by mere phrases. M. Duclerc does not, | it set ms, like the idea of negotiating a loan, g viug 6 per cent at 70, as if, with the able policy which now directs public affairs, there was not a much greater chance that prices would rule below rather tliau above that quotation. But it is of littlo avail to discuss his plan, since it is pretty well understood that it will, if not altogether. at least all except the loan of tho 150 millions, be rejected. His budget says not a word of the . Itrlieri Xatinnanx, that grave quistlon which perhaps alarms the National Assembly still more than the Bourse. .Men of business know that there is a very short method of closing tho Jilrtitrt Naltovavx - it is to open private establishments. But to effect this, confidence must ho restored, and tori store confidence there must be an end put to troubles by tho authors of circulars and plncards. by i thoro who conspire for anarchy, by those who wish to introduce communism into business, who menaoe all trades nil property, and ure daily renewing alarms ; and those financiers who proclaim in the Assembly < .,.> r.Kktlo l-.ltl, l? r,..t I Kl 1... .I ll another languago. Let tbe-e men cease th?ir projects, and onpilal anil confidence will reappear. In brief thorn will ho a complete stagnation of affairs at the Bourne until order ahull bo firmly restored, and the great financial question bo placed on hohjo certain and settled basis. Thro, e closed yesterday at 45 a 50. and fives at (IS a 50. the post leaving too turly to enable me to give the quotations of to-day. Since the above wu< written thn t orn mitten of Finance charged with the examination of the financial state of the country, has made its report to thn Assembly, in which it says, that, in lieu of the 580 millions of disposable funds stated by the Minister to result from his plan, they can only find that it would amount to -\Vj millions, viz 150 mil- i lions, the h an from the lank, and 100 millions from the issue of stock to the receivers general in th" de. paitments. and the sale of certain parts of the lands of the domains, Of which J50 millions, from l'JO to 140 millions, would bo absorbed by the deficit of the year 1848. With this, however, they calculate that the t tate could arrive n> the end of 1848. and thus by gaining time, gain sctvty and credit. Credit (observes , the report) can only be founded on a faithful fulfilment of engagements. A State, as a private power, eau have no crt dit, who does not pay Its debts. For this reason the committee recommend that the horn rfu tmot and the depositors in the savings bunks, should lie paid In stock, at the current prices of the day The committee persist (they fay) in this recommendation, in opposition to the opinion of the Minister of Finance. '1 he only part of the project of the minister likely to be adopted by the Assembly, is the loan borrowing 150 millions from the bank. Ncckkr. The Ns]iolrmi Kxclfciitent In tlic Krcnclt IIouhc of Assi intiiy?I'iic betters of tlic I'l l lice l.oitlx NhjmiIiimi SITTI.NO OF .11 NK I V The 1'at mdkvj here rose, and read to the Assembly the following letter from Louis Nap oleon Bonaparte, ! which, lie said.was of groat importance, and which he had only that moment received. It ts dated "Lovtiov, Jnne 24. [ 'Monsieur Ic President?I was ateut to set "IT in ord i to appear at. ire pescwhtn I Kern'that lay election had l^en mule the protext lor disced* i s at.d diisatroKS tirT'TS. I repudiate all the so ao o ens vt which I lave le?c the object, for I a < K not for p >wor. If Iho |K'oplo iinpcsc diitio" on mc 1 shall know how to fulfill Micro (nioveint nl), 'n? I disavow all thorn, who h\ir mate use of nn nnn e * ;,e di torhanoe The name wl;l li I heat leaborouH aayt ' ; r Her ?f oath a'ii* 4 dor,. ?..,|, raise- than I* the *' ju. . j . i 1 1 , : i .own ylg ' * L D TWO CENTS. tail*. I wild rim rnolmwd % copy nf tha let ef of t'tank* which 1 bare addraarad to all the cleotora who hart airan ma Uie4r eafeaa. p ha letter will lie found annexed I llara tha *ieMlrie??, K-naee* (a I'ireidoaL to communicate thia lett-r u> iny ool leaguer, and receive, ie. LOUIS N Al'Ol.hlON BOVAi'ArtT*." The utmoat agitation followed the mailing of thin latter. A n umber of repreaentatire* iiuitted their pUoon, and animated group* were formed in erery part of tha chamber. Scrural deputiea ruehed together to the trfbune. The Mm iitci or Wan nald he ahoutd not oxpreaii all hia thought*, but ho could not help remarking that In , the document jiiet read, and which had become a matter of hiat'-ry. ilie word-'republic" waa not area mentioned. Hi- pointed out thin oinlwiion to the notice of the Aaaeuilily. end of the whole country (Loud crlea Of''Kill! /a Jiryutiipir.") M. Ilaima niunt protunt, in the nauie of all hia oeL tongues, against tti<? declaration of war of tha pratend?r. They woald not hare pretender*, but it wan necessary that Kroner should know how that imprudent ollison had responded to the generosity of the Assembly Me handed over the letter which had just been read to It* just contempt M. A. Thouhk r ? From the emotion which animated all (he Assembly, it was evident that all present werw defenders of tho republic. Ho must, however, bag to point out one expression in that letter -"If Die people impose on me duties 1 shall know how to fulfill them." That was in his opinion an appeal to revolt, and he diemnnded that the Assembly should Immediately decree that Louis Itonapnrte had ceased to be a representative of the people ?(l.oud and violent agitation ) The Ministers of Commerce aud of War were in the tribune. The Minister of Finance approached them and made somo remarks, but which were perfectly inaudible from tho extraordinary agitation which pre railed in the chamber. The Minister of War remained alone in the tiibune. The Phkhdkst?While the discussion was going on* and I was adding that to the letter I bad read was annexed a copy of ono sont to the eleoters I received h menace of which I should wish to know the author. Let the doors bo instantly oloeod; it is a threat agalnafc the representatives and against tho President of tha National Assembly. It is as follows:? " CiUienn,?If yeu do net read the address of thanks to tbeelto> tors, I declare you to lo traitors to tlio oouutry " It Is signed Augusto Blum, formerly a pupil of tha Pc%technic School. This note is written by a madman. It had been announood to mo as being written by a public functionary, but I now learn that Jt on* from an unknowu person who threw it from the public tribune. That circumst&noe takes from it muoh a its gravity. The Mi.wistkr or Was should make no proposition further than that thn chamber should adjourn the discussion Mil to-morrow. Several Voices?No! no! We must deliberate ferthwith; the writer of thin insulting letter must be declared unworthy to form pert of the National Assembly I Otheh Mensem?In hie letter of thanks to the electors. he speaks of (lie necessity of joining the flag of the republio. but not of being faithful to the republic. Some Voire??Adjourn to to-morrow. Othes Voices?No! no! We must finish the matter forthwith! M. Fatre?There is in this Assembly only one sentiment. A Voice?That is not so sure! M Favre- I repeat what I said, and I am sure that the perrons who thns interrupt me are not await how much they insult the Assembly I say that thorn is only one sentiment here?that of Indignation. When your 7th bureau proposed to you the admission of Louis Napoleon Bonaparte, no doubt had arisen as to tha conditions of that act. But if. two days after, heseadn forth an insolont challenge to the national sovereignty, it is our duty to reply to it. (Hear, hear.) I am ef opinion that the Assembly cannot separate without haying passed a resolution declaring that if it respects any light which may exist it is unanimous in opposing all dyn&atio pretensions. I said before, and I now repeat it, that the moment there appears any indloation of a plot, proceedings ought to be instituted. I demand that the letter, and the documont which aooompanied it, be at once placed In the hands of the Minister of Justice. (Loud cries of " Ves. yes." Great agitation.) The Minister of Finance ? The hnn. i iprnsentatlyn who has just spoken tells you that when he proposed the admission of Louis Napoleon, he was not aware of thai person's intentions relative to the republio. Thn government, however, knew it, though It was not in possession of sufficient proofs to show that he was responsible for the facts whlnh hail come to their knowledge. Under the circumstances, I think that it will be most tiigmiieu in you not, to act in any way precipttatnly, but to suspend your decision until to-morrow. (Th? utmost agitation.) M. Pint at demanded the suppression of the letter addressed by Louis Napoleon to the electors, ("Tea! yes!''?"No! no!") General Clcment Thomas said?Citizens, a proposition lias been made to you to postpone until to-morrow this discussion. Well, then, if the information which lias reached me he correct, It Is In all probability a battle which you will have to fight to-morrow. (General agitation.) I demand that you declare that any oltlzen who dares to take up nrms to support the oause of adespot?(-'.Vcs! yes"'?"fine la ll'iiuhlii/ue ."')?shad be placed Aor? la lot. ("Hear! hearAgitation.) Mr. K. Araoo and M. Dit-i.i-.rc both hurried to the tribune, but the noise prevented any one from biing heard. The T'svside.vt?Gentlemen, In the midst of the various propositions which have been made, it appears ta me that It is for the dignity of the Assombly not ta make any alteration in the order of its del I bora' ion*. Let us net impart more importance than it desorves ta an incident which, after all. may not be as grave as It first appears. Let us maintain our order of the day. besides wo shall have this evening a reunion <lr famille, at which we can speak of this matter. (Hear! hear') The lion, gentleman alluded apparently to his owa reception in the evening. The Minister or Km.ioi; llo certain, citizens, that the republic will not perish, because you postpona your deliberation. (Loud approbation The whole assembly rose and shouted "Vivt la Hrpublii/nr ."') The silting was brought to a close at a quarter past seven amidst the greatest excitement. the adi'rkss of bouw n a Pot.eon. The following is the address of M. Louis Napoleon Bonaparte to the electors of the departments of the Seine, the Yonne, the Sarthe. and the Charente Inferieure, who liavo returned him into the National Assembly. It is dated London. June 11 : "Citizkss? Your suflra?cs (111 mo with gratitude. This mark of sympathy is the inure fluttering tn mo ?s it was uns .Hotted oa my part, and reached me at a moment when I regretted being I. seMve, when the cunt.try had need of all its children to eitrtoaleitfrom tho diftlotiltles in which it was planed. Your oonfl- ' denre impores on me dmles which I shall know how tn fultil; our interests, our sentiments, and onr wishes are the same. A uhilif of Paris, and now a representative of the people, I shall unite nil my efforts tn those of my colleagues to re establish order, credit, and lalor; to secure peace abroad, to consolidate democratic initltutione. and to reconcile interests which now appear hostile, luTAUHi" tinrtiftft R.r* Mimnnrtinir iiml atrii/i/liiw miimt. citiih ntliflr. instead of working fnr ono common ob)oct?the prosperity and grandeur of tlie country. The people hove been fn-e since the 24 h of February. They can obtain all they want without hiring recourse to brute force. Let nr. then, rally round the altar of our country, under the ti ig of tho r> public, anl give to the world the rand ircotscle of a people regenerating themeelree without vienco. civil war. or noarohy. Keoeire the asxarauoo of my syiapathy and devotcdm-as." SITT1NO OF Jt'NK 16. A number of workmen were assembled outride the chamber long before the hour of business. Alt along the bridge, down the quay*, and on the I'lace de I* Concorde, groups were formed, discussing the probable coarse which the Assembly would adopt relative to I.ouis Napoleon. The crowd increased towards the hour when the public sitting was to commence. It would appear that the day was not ezpscted to paM oyer quietly, as the National Ouards had been warned it domicile to keep themselves in readiness to come out on the first notice. No troops were posted outside the chamber, but. at the palace itself, the guard had been eveiy whoro doubled. Inside, great ngitatlon was perceptible, even before the proceedings commenced. Groups were collected conversing with animation, and it was long before the members could be induced to take their places, to let the procti-verbal bo read. Tne President took the chair at a quarter past one. The Prim dent roso and said, i have an important communication to make to tho Assembly. (Deep silence.) I have received a new letter from rltisen Louis Napoleon Bonaparte. It is dated " London, June 15," and was delivered to me this morning, by a person who left London yesterday evening, at half-past eight. In order to obviate all chance of mistake or niystifloationi I have token every means to verify tho authenticity of this letter. The bearer of it was M. Frederick Brirfuult, homme lie letlrei. residing of late in London, but at present stopping at the Hotel de Holland. Rue de la Talx. at Paris He placed the letter in my hands this day, at. half-past twelve, and I feel sure that it comes from the person whose name it bears. Having promised so much. I shall now read the document to the Assembly. (Hear, hoar.) " Monniki/m iv President?I w.vs proud t>? have beeneleoU cd a representative nr. Paris, and in three other departments? that fact wis in my eyes an amnio reparation for thirty years of exile ?nd six of captivity; but toe ((tensive suspicions which my (lection lias liven l> rth t<>, the troubles of whirh it has been the I ret. xt- ami the hoftility manifested by tho Ex-cnttra Government, impose on me the duty of refusing an honor which is at* filiated to tati'gne. o I desire order, and the maintenance of a republic, prudent, . Man,! I ? nml Mines- iriViiltlIItfkH 1 V. I ftkvnr Ain.viti?r. 1 b<'? lr?T??thoigli u"t without deep regret?to plaoe my rosignation in your hand*, (Movement.) "So..u, I trust, cslm will be restored. and will permit me to rwtnm to France, :?.< the ni< at simplo of her cltixens, but alee a* eae moat devoted to !lie repow ntid prosperity of my oountry. "Receive, Monsieur Is President, the assurance of my most dietiniuirhi ii eonaidtration. "LOUIS NAPOLEON BONAPARTE." Loud approbation buret forth from all parte of tha Assembly. when thn President concluded. The agitation which eneued laeted for aoiue time. The ParainswT?A? the adtnianion Of the citiien Louie Napoleon Ronaparte was pronounced, with tha react ve that he ehould prove hie age and nationality, I think I ehall act moat correctly in transmitting thia letter t? the Minister of the Interior, to allow hla to net on it a? he may deem proper, with a view to a new flection. [Hear] 8cvrn*i. Voir**?The order of the day? . A Voter?la the resignation adopted? Fhom * i. Stove ?Ves, yes. let us now ycoowedt<> tha order of the day. Important Oieriiauent?The Constitution wk the French Rrps^ilr. [Krom Oallignapi'* Messenger, June 20. j The eittmjf of ihe National Assembly yesterday was marked by a moat important event?the preeentHtion of the draft of the constitution for i ho French republic. Tina important document, which , wu read to the AshciiiMv by M, Armand^inrraala I the reporVr of the npeciiu committee appointed to I d?w .( up, e<c"?t ??J th d i 11 -re tud wt? 1 A