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the sentiments of kindness and friendship 1 which for sixty years have united the French and American People. The cham Der will recur to those high considerations of commercial and maritime power which which have always caused our alliance with the United States to be regarded as an un- ruie of national policy. Tn thus speaking, our only wish Is to pay homage to truths which are of every age to place them in opposition to transltory impress sions; and, above all, to declare that France impues neither to the people nor to the Government of the Union, the sen timents expressed by the President of the United States. We desire to look upon his message to the Congress as merely the inconsiderate act of an isolated power and the honor of the nation renders 1t not the less imperative on Us to persist in the policy which has ever. been that of the Kings Government--the policy of good faith.

 "Gentlemen You will scrupulously weigh the motives which cali for the adop- ton of the Treaty. Above all, in examin- ing i. as We have done, ycu will lay aside all considerations unconnected with the question itself; in other words, uaconnecs- ed with the right and justice of the claims that have been made, and with the compen- satons to be offered for the commercial ad- yantages which the Treaty has secured to France.

 suppressed with these considerations, gentlemen, the Government, through me, again lays before you the Bill which 1 now shall have the honor to read to you. A clause, of which you will no doubt see the propriety, has been introduced, to interdict the payments to be made on the sum fixed by the Treaty, until the intentions of the American Government shall be correctly ascertained. We have a right, and 1t is our duty, gentlemen, to render that Govern ment responsible for such Of is acts as might wound the dignity and the interests of France.o

 The following is the text of the biii

 The Minister of the Finances is author ized to carry to the Budget of each of the years 1886, 1887, 1858, 1889, lS40, and { lS41, the sum necessary to pay off, Tn six equal terms, the capital of 25,00o,000fr. in execution of the Treaty signed on the 4th July, 1881, between France and the United States, and the ratitications oi which were exchanged at Washington on the 2d of February, 1882.

 Art 3. The sum of I,500,0o0fr. which { the Government of the United States has engaged to pay to France in six annual terms, iii discharge of the claims of French | citizens, shall be carried to the credit side of the special article of the Budget. in pro- portion as the recoveries are made. Cred ] it's to a similar amount shall be opened to the Minister of the Finances for the.dis- charge of the claims that may have beer i iiqtiitiated iitT favor of French citizens

 Art 3 The payments t9sbe made on ths sum of 25,oo0,0C0fr. shall not be carriet into effect till 1t shall have been asceftain ed that the Government of the United States has adopted no measures injuriou. to French interests.

 The reading of the preamble, and tn, bill occasioned considerable sensation ii the Chamber; and, after the Minister hat 1 quilted tho tribune, SC verai Deputies form ed groupes, and entered into close and ami mated conversation.

 The bill was then ordered to be printed distributed, and submitted for examination to the Standing Committees; the discussion on 1t being reserved for future sitting. M. Pellet (de la Loxerej demanded that Government should order the printing and distribution of all the reports of the suc- cesslve committees which, since the year 1881. had been charged to examine the American claim itself, or the bill relative to | it.

 The Minister for Foreign Affairs replied, that all the documents relative to the Amer ican claim would be laid upon the table ol the Chamber, and that such of them as re- qaifed publication should be printed and distributed.

 The President said, that it would be more regular if all the documents in ques- ton were not only submitted to the com pittee, but also laid upon the Presidents table.

 The Minister of Public Instruction said that there was no objection to that course.

 PARIS, Jan. 15.-Ho!f past Jo,r.-The pacific character of the speech of the Min ister of the Finances, in the Chamber of Deputies, has occasioncd rise in the price of stocks, and some business has been transacted. In Foreign Securities there has been but little doing. For cash, Elves have risen &c.,; Threes 25c.; Neap- olitan 15c.; Belgian, Guebhard's and Ped ro's Is; Rents Perpetueiles and improved 25c., and Threes 35c.s

 The premiums of maritime insurance for war risk has risen for long voyages from half per cent. to three and four, in consequence of the notification of the Moniteur.

 The Refnrrnaferr saus-0 Confidential