It is easy to see, with a government resting on such a basis, where the first practical difficulty will be found. Embarrassment of finance is the rock on which it will inevitably split: the more certain that it has been preceded by a huge deficit created by the former government; the more galling that it will be accompanied by the flight or hoarding of capital from the measures of the present one. Capitalists are universally alarmed over the whole country. A monetary crisis, as is the case with all successful revolutions, and that too of the severest kind, has ensued. M. Gouin’s bank, the same which formerly bore the name of Lafitte, has failed under liabilities to the extent of three millions. Nearly all the other banking establishments of Paris have already followed the example. The payment of all bills was, by government, postponed for three weeks, from February 28: a farther extension of the time of payment for a month after March 20, has been petitioned for by _eight hundred of the first bankers and merchants in Paris_. This amounts to a declaration of a general public and private insolvency. Overwhelmed by the difficulties of his situation, the first minister of finance has resigned; the second, M. Garnier Pages, has published a financial account, which exhibits so deplorable a state of the finances, that it may almost be said to amount to an admission of national bankruptcy. Despite all the efforts made to uphold them, the French three per cents, on this publication, fell to forty-seven. The terrors of the holders of stock are extreme. An able eye-witness gives the following account of the state of Paris, amidst this terrible social and financial crisis.—