SUEZ MAIL NEWS.
FRANCE, [eukopean Hail.] The future of this country seems to be as unstable as ever. The other day there came a rumor of a Royalist fusion to unhorse M.. Thiers, and to put Marshal M'Mahon into the saddle. The Bourse trembled at the announcement, and stocks : went down several points. The excitement, however, was not of long duration ; the Royalists had been premature, and therefore denied that any such intention existed. Upon this assurance the Bourse recovered its .usual serenity, and business went on pretty much as if nothing had happened. Still, there is an uneasy feeling that something is brewing, and the one question which men would like to devise is, whether. Royalists or Imperialists will be the first in the field. We shall not now dispuqs the chances of either, but we may state that although the Government wish it to be understood that they had no intention of forcing a conge on the Marshal, it is said he will shortly go to Bohemia, "as his wounds are still painful." M. Thiers still maintains that the finances cannot : be readjusted without a tax on raw materials. On July 2, in fulfilment of his promise, he produced statistics and other documents to prove the possibility of raising 42, 000, 000 f immediately from, the taxation of raw material, and 18,000,000 f more at the expiration of the treaties with England and Belgium. M. Thiews said, accepting this as the moderate estimate of the committee on tariffs, the tax on cotton would yield' 8,000)000f; the tax on wool, 7,500,000 f; on silk, 6,000,000 f; on flax and hemp, 2,000,QOOf ; on oleaginous seeds and oils, . 20,000,000 f; on wood, 2,000,000 f; on dye-stuffs, 3,000,00 m ; on fruits and provisions, 3,000, OOOf ; and oe skins and articles used in medicine. 4,500,000f-inall 60,000,000 f. Respecting the remaiuiug 33,000,000 f, making uj a total of 93, 000, OOOf, M. Thiers saic he was convinced that negotiations would enable, the Government to obtain 18,00Q,000f.,0f that amount. The manufacturers are directly opp.os.pd to this measure, and the wonder ig that a man of M. Thiers' experience can support a scheme which can only be defended or the ground that needs' must when a certain gentleman drives. On the 6th July M. do Remusat received the foreign Ministers, who reiterated the declaration of their respective Governments that they were unable to modify the existing treaties of commerce. The Ministers were at the same time solicitous to disclaim the supposition that their Governments were prompted by. unfriendly feelings towards France. The treaties had created important national interests which they were bound to respect. It was impossible, therefore, to admit the proposed modifications. The preliminary legal examination of Marshal Bazaine will last another month. ÜBy the new treaty with Germany, wfiicix was ratified on 'the 29th June, France has gained nothing but another year in which to pay her ransom. The result is likely to weaken the already . too ; much divided Assembly. . The Right (Royalist party] and tho Right Centre are for throwing ii out, A committee of seven members oi the Left has been appointed to examine and report upon the treaty. .The Radicals regard the treaty as tending to hasten dissolution of the Assembly. Twenty millions sterling are to be paid to Germany within two months of the ratification of the treaty, and fifteen days after ;be payment the departments of the Marne and the Upper Marne are to be evacuated. Other twenty millions are to be paid on the Ist March, 1873 ; but as the Germans have made it a rule to keep hold of two departments for every milliard that is still owing them, there is to to be no further evacuation till the Ist March, 1874, when forty millions are to be paid down. The Ardennes and the Vosges will then be evacuated, and a year afterwards, on the Ist March, .1875, when the last milliard is paid, the Mourthe and the Meuse, and the fortress of Belfort, will give up the last Germau occupants of French soil.
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Bibliographic details
Grey River Argus, Volume XII, Issue 1287, 13 September 1872, Page 2
Word Count
677SUEZ MAIL NEWS. Grey River Argus, Volume XII, Issue 1287, 13 September 1872, Page 2
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