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^aturUay to ifWontraj/a JJosts.

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^aturUay to ifWontraj/a JJosts. LONDON, Nov. 21. THE intelligence received by lie Paris Journals to I- Wednesday is important, particularly as evincing the feeling of the Chamber of Peers in their Address in answer to the King's Speech. After echoing the pacific paragraph of the Speech, it adds, That the dignity of a nation is its life. The dignity of the nation is dear to the heart of its King. The French will rise «t your call, and will be ready for every sacrifice rather than consent to the degradation of their country." The discussion on the Address was opened by M. de Dreux Breze, who attacked the Treaty of the 15th of July, the Administration of M. Thiers, &c.-M. Dupin followed, and said that he could not conceive that spirit of op- position which had thought of sacrificing the interests of 32,000,000 of Frenchmen to those of 2,000,000 of Egyptians. — Count de M ontalambertstrongly expressed himself in favour of the maintenance of peace, shew- ing the immense mistake made by France in espousing the cause of Meheinet Ali. What have been the re- sults of our Eastern policy," asked he, and of that augmentation of Egyptian power of which we appear so proud ? The results are to oe found in the two most serious and unfortnate events of the last ten years- viz., the presence of the Russians for the first time at Constantinople in 1833, and the rupture of the Anglo- French alliance in 1840. This is what the Pasha of Egypt has cost the world and us." He blamed the conduct of every successive French Cabinet, especially that of Marshal Soult's last Cabinet, which had joined the Conference, and yet suffered the Turkish fleet to sail over to the Pasha—which refused the overtures of England to secure the independence of Constantinople; and which threw away the only remaining chance of keeping up French influence in the Levant—viz., by acting in concert with England in the Sea of Marmona as on the Svrian coast.-M. Pelet de la Lozere, a Mem- ber of the former Administration, defended their con- duct. He entered into a long detail of the circumstances which had brought about the present complicated state of affairs, the origin of which he traced back to 1833, the epoch at which war commenced between the Sultan and the Pasha, as also of the negociations that had taken place since the Sultan first claimed the interference of the Five Powers.-The speech of M. Guizot, however, was the one most looked to, and created a great sensa- tion. He said the greatest circumspection was neces- sary for him in the present state of the circumstances, but at the same time it was his duty to state clearlv the position of the Cabinet, and which could not be better described than in the words of the Speech from the Throne. Since 1833 peace had been threatened more than once. The Sultan and the Pasha had been equally ready to disturb it, but for six years it had been main- tained in spite of the events which had threatened to trouble it. France had nothing to reproach herself with. She had done, both at Alexandria and Constan tinople, all that was incumbent on her for the main- tenance of peace We have no engagement with the Pasha, beyond that arising from the interest we have manifested for him, and yet have not already done enough for him and his cause? We have incurred the coolness of our best friends and isolated ourselves among the Powers. France has nothing to apprehend from the coalition of the Powers. No intention has existed of dividing the Ottoman Empire. This was the express intention of the Treaty. The best resources of France are in peace. It is thereby that France will best consolidate in Europe her credit, dignity, and power. Only suffer her to live free and tranquil, and there would be nothing to fear from English influence. He could not look upon the Treaty as a coalition against France; peace was his motto and his object, as peace was the interest of all Europe.—The general discussion on the Address was then closed, and the Chamber pro- ceeded to discuss the several paragraphs. The Journal des Debats regards the Address as noble and firm. "France does not threaten (says the Debats); she waits, and she is arming; but she arms in order the better to observe the course of events. All he other Powers are committed. France has atready shewn that she knows how to conquer, and she will now prove that she knows liow-ta-w-&iLJwr opportunity. It will be al- ways time enough to interfere. Too much haste can alone injure her position." The subjoined postscript of a Paris letter, dated Wednesday evening, mentions, however, a fact which (if it be one) puts an end to all uncertainty on the subject of the Eastern Question Yesterday evening (says the writer) there passed through Paris, for London, a conrier coming from Constantinople, via Vienna, with, I am assured, Mehpmet Ali's acceptance of the terms offered him by the Allies. The respectability of the quarter whence I had this information compels me to regard it as certain. It no doubt reached other parties, for you will find that the funds rose considerable to-day, in spite of'certain sinister reports respecting the prospects of the present Cabinet, and of the alleged indisposition of the majority of the Deputies to vote any but a strongly worded Address in alluding to the Treaty of the 15th of July. If Mehemet Ali have, as above stated, submitted to the dictum of the Allies, the arrival in London of PI ince Esterhazy will be immediately followed bv negotiations on a more ex- tended subject—the general peace of Europe—which the quarrel of the Porte and the Viceroy was so near compro- mising. That the Prince should not have taken Paris in his way to London (as the King of the French had a promise that he would do) has, I am assured, given to his Majesty much pain. The great bone of contention removed, how- ever, the result of the negociations, or of the deliberations of a Congress, can hardly fail to be pacific." It is asserted in the Journal des Debats that M. Dupin had been nominated by the Committee of the Chamber of Deputies to draw up the Address, adding that he was received on Monday evening by the King. The XJnivers asserts that a considerable number of Deputies belonging to different tractions of the Chambers of De- puties were determined to vote against the fortifications of Paris. The domestic news in these journa's is not of much interest. The accession of Marshal Soult to the head of the War Department has caused an ex- traordinary degree of activity throughout 'he entire of his Ministry. Faithful to his old habits, the Marshal is in his Cabinet every morning before daybreak, and his hours of labour are distributed with so much order and regularity, that he finds means to give all his au- diences, to go to the Chambers, and transact all his affairs, without any person being put off to the follow- ing day. The Marshal is in his 71st year. The Madrid Gazette of the 11 th inst. contains a communication from the Regency to Don Manuel Jose Quintana, in reply to a letter by which the latter an- nounced, that, besides fulfilling the dutiesofprecep or to her Majesty Isabella IT. and her sister, he offered to remain al the head of the Hoard of Education, re- nouncing the sum of 50,000 reals which the Regency had assigned to him as the allowance for the discharge of the distinguished functions first mentioned. The Regency in reply s'ates that they had agreed on al- lowing him to retain both offices. The same paper, of the 12th, announces that the Spanish Bank of San Fernando had contributed a sum of 0,000,000 reals to- wards the voluntary subscription of 31,000,000 to be furnished by Madrid to the Government, and that Gen. Espartero had inscribed himself for 500,000 reals, and relinquished the interest and premium in favour of the widows and orphans of the soldiers of his army. Tile subscription amounted to 19,320,000 reals, supplied by thirty-one capitalists. The ninety-eigh' remaining would, it was expected, complete the sum required. The Corrcsponsal publishes a letter dated Alieant, an- nouncing that the Government had gi^en orders to put the fortifications of that citv in a state of defence. The works were proceeding with considerable activity, it being apprehended that a French squadron would blockade the harbour until full satisfaction is given by the authorities for the arrest of the ex-Minister Sotelo in a vessel of that nation. The Gazette publishes an enactment of the Regency, approving of the resolution of the Madrid Auxiliary Junta to dissolve itself. Advices from Constantinople come down to the 28th tilt. Several Tartars, despatched by the Pachas of Malatia and Curdistan, had arrived III tlwt capiral with intelligence of the Egyptian corps of army quartered at Aintab having made a retrograde movement, and of the troops stationed at Adana, Tarsus, and in the fortified positions olythe Taurus, having likewise proceeded to- wards the iiiterior of Syria. On the 2(ilh another fartar, sent bv the Pacha of Corria, reached Constan- tinople with accounts that the flag of the Sultan had been hoisted along the whole line of the defiles of ie Taurus and of Julek Rozais, which had been evacuated by the Egyptians A grand dinner had been given at I the Brilish Embassy to Col. Hodges, and al dessert Ihe banner taken from Ibrahim Pacha was displayed, and numerous toasts drank to the success of the British arms. A few days afterwards Lord Ponsonby, accom- panied by his entire Legation, proceeded to the Imperial Palace to present to the Sultan Col. Hodges, who de- livered into the hands of his Highness the colours of the Egyptian Generalissimo. Abdal Medjid conferred on the Colonel the rank of General, and gave him be- sides a rich decoration. Capt. Todd, the Commander of an Ottoman steamer, and Admiral W alker, were ap- pointed Beys, and decorations set in diamonds were forwarded to Admiral Stopford and General Smith. An apprehension has existed this week that the Directors of the Bank of England, in addition to the steps they have already taken to diminish the amount of their notes in circulation, contemplate a further en- hancement of the current value of money by raising the rate of interest to six per cent. The usual weekly meeting held on Thursday passed over without any official notification being communicated to the public. Still however it is thought far from improbable that a step of the nature just referred to may be taken, and the natural result is that the Banks, both Private and Joint Stock, the principal discouut firms, and other capitalists, have held a tight rein over the transactions of money business in the shape of discounts, while at the same time they have required an increase of inter- est in nearly all cases in which they have rendered accommodation upon the security of commercial paper. The position in which the Directors of the Bank are placed with reference to the quantity of the precious metals in their coffers, is by no means satisfactory and it is to the probability that exists of a continuous drain upon them for specie for exportation to the Con- tinent that the necessity for a vigorous action upon the Exchanges must be attributed. The circulation of the Bank has now been reduced to so low an ebb, that should the same policy of contraction be much longer continued, the most serious consequences must result to the mercantile and trading classes, who are at present suffering from the high value demanded for temporary accommodations or discounts. To this cir- cumstance alone may ascribed the absence of specu- lative or real demand to any amoumt for the staple articles of commerce or of home mannfactures.

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