The savings’ banks of France had prospered immensely under the firm and pacific government of Louis Philippe. The following account of them is derived from official sources. “The state of the savings’ banks in France at the time of the Revolution indicated an extraordinary degree of confidence in the stability of the late government. In 1834 there were only seventy savings’ banks in France, and the amount of deposits on hand was 34,000,000 francs. In 1839 there were four hundred and four banks, and the deposits had increased to 171,000,000 francs; in 1848, at the moment of the Revolution, the deposits had risen to 355,000,000 francs, or ten times the amount deposited fourteen years before. In 1839 the average value of each deposit was 550 francs, which is probably increased to 600 francs average at the present time. The partial suspension of payment by these institutions must affect at least half a million of persons of the most industrious and economical part of the population, chiefly belonging to the towns, and they are deprived of a large portion of their savings at the very moment they most need them.”—_Times_, March 14, 1848. Now, these savings’ banks, holding deposits to the amount of about £14,000,000 at the commencement of the Revolution, and which had increased _tenfold_ during Louis Philippe’s reign, have to all practical purposes _been rendered bankrupt_. Unable to stand the dreadful run upon them after the outbreak, or to realise the amount of their deposits by the sale of their funded property, in consequence of its prodigious fall, they had no resource but to suspend payment. By a decree of Government, the holders of deposits in the savings’ banks are to receive only _a tenth_ in cash, the remainder being payable six months hence, in a paper now practically worth nothing. By this single result of the Revolution, above five hundred thousand of the most meritorious and hard-working of the operatives of France have been in effect deprived of the savings of a whole lifetime. Nor is the condition of the labouring population in any degree more favoured. In the _Times_ correspondent from Paris of March 14, we find the following account of their present condition:—