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FRANCE. I

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FRANCE. I The Bourse in Paris has been agitated by an event more distressing than the failure of M. Place, one of the directors of the Credit Mabilier, last year, or the decamp- ing of Carpentier and Grelet, the clerks of the Great Northern of France Railway, whose defalcations the Baron James de Rothschild has taken upon himself. The new defaulter is M. Thurneyssen, nephew of that eminent banker who has been, in conjunction with M. Isaac Pereire and other leading financiers of Paris, one of the chief promoters of the Russian Railway scheme The example is alarming in every way. The younger M. Thurneyssen had been intrusted from private reasons with large sums of money it is probable that he obtained those sums for purposes of investment on the highly pro- fitable plans which the Credit Mobilier exemplifies his defalcations are estimated at E800,000 or £ 1,000000. It is not probable that he stands alone; there must be a large number of persons whose property is imperilled in a like manner: and should this affair be followed by others of the same kind, we might anticipate not only frightful disclosures for individuals but a terrible shock to the credit and the money business of Paris, but throughout that of Europe It is probable that the affair will be arranged" as quickly as possible; the more so if M. Thurneyssen should be in a position to involve others besides himself in his confession. The event created little surprise in London in the City whence a watchful eye had been kept on Paris, the more steady for that local dulness which has made the City so contemplative this week. PARIS, May 25. I have received communications from Constantinople which say that news had been brought by a trading vessel of the Russians having fished up some 24 ships sunk at the siege of Sebastopol. They are not all war vessels but one steamer of the Russian navy is stated not only to have been recovered, but as repaired and again in service. I find no mention of these facts in the Constantinople journals, but the writer says Turkey has no communication what- ever with the Crimea. We hear nothing of the appoint- ment of English atidfrench consuls for the Black Sea, as settled by the treaty of Paris. I heard some time since that the French Foreign-office was making arrangements for consular establishment in the Black Sea, but of late the subject appears to have been entirely forgotten here as in England. According to the same letter the Russians are carrying on extensive operations against the Circassians, the nature of which the foreign ambassadors at Constanti- nople are but imperfectly informed. For the last few days, says the Paris correspondent of the Globe, heavy storms have passed over France, and in some places have done much harm. Water spouts have bunt in various localities, and have resulted in loss of life and-a great sacrifice of property. One of the best model farms in the country—the Grande Lodge," at Pierre- Levee, in the Seine et Marne-was struck by lightning in a storm which broke over the spot on Saturday, and totally consumed a great number of valuable agricultural instru- ments. 250 head of cattle and sheep, a magnificent poultry yard, and 7,000 trusses of straw and hay were destroyed. The property was unfortunately not insured.

AUSTRIA.I

-..-'""'...,.".., THE DANUBIAN…

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THE NEUFCHATEL QUESTION. I

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THE GREAT SHREWSBURY CASE.…

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I MR. COBDEN UPON THE OPENING…

I MR JOHN BRIGHT AND PARLIAMENTARY…

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LOSS OF THE JOSEPH SOMES.…

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