London, Thursday, March 1...
An express from Paris, dated Monday, shows a fall of more than 21 per cent. in the French funds. Fuch a fall natturally produced a corresponding action on the English market; and the three per cen's. at one titne were as low as 92-jw. As soon as the matter began to be sifted, the ala;m subsided. The iact is, that the arrival of the Eng- lish papers at Paris, witlh the account of the debate on Friday last, together withl the decisive language in Mr. CASNING'S despatc., relative to Soutli Ame!ica, could not fail to ciuse a sensation among the monied men of the Frenclh metropolis, who are, if possible, maore sensitive than our own. Suntlay being a hlilyday, the effect of'this agita- tioII couldI not appear till Motiday, wlhen it acted in the way we have d(scribed. Another cause, intimately con- n eted with the preceding, was not witlhout its force in both marketts. It was cnXifie'rtly asserted that a congress is to be hel! at Paris onl South American affiirs ; arid the cir- cumistanice of such a co:nference, in the teeth of the EngLlish declarationi, was considere(d as a threatening and alarm'ing omen. 'Thc best ini'ormed persons, however, do not he- lieve that any such crgress will take place; and if it does, we may venture to predict that the Holy Allies will not bh very rn.ady or willing to comiie to any open rupture with th;s country. Franee, fbr one, will not like to have to begin her work in Spain over acain ; know- ing as she does the tistturbed and angry stale of that king- dom even after its " pacification and retduction to otder." The English fttinds rec.vered in the conrse of' the day. L(IOXPN. ThIUIRSDAY. lr.4PRe,, 11 isi