The danger of a French invasion is much dwelt upon by the British press, and there have been rumors of a great increase in the army with a view to such a contingency. These rumors do not seem to be well founded, nor can we believe the danger very imminent. Certain parties regard the whole as rather a fetch of the Ministry, to strengthen them at the opening of Parliament, by removing attention from home matters, and by uniting the nation in a common burst of patriotism. If this be so, the trick is a poor one, for if there was real danger of a war, the present ministry would not be likely to be trusted with carrying it on.

Is France, the march of despotism continues, with rapidity, and apparent safety. On the 15th of January Louis Napoleon published his new "constitution," of which the chief provisions are, that the President reserves to himself to designate, by a sealed will, the citizen to be recommended to the nation as his successor in the event of his death. He commands the land and sea forces; he alone can propose new laws; he can at any time declare the state of siege. His Ministers responsible to none but him, and each for his respective duties only; they may be "the honored auxiliaries of his thought," but they are not allowed to be "a daily obstacle to the special influence of the chief." The Council of State, whose members the President is to nominate and dismiss at his pleasure, is to put into shape the laws he intends to propose to the mock Legislature. The Senate, nominated for life by the President, and to any of whose members he may grant a salary of 30,000 francs, "may propose modifications of the Constitution:" its deliberations are secret. The Legislature is to consist of a deputy for every 35,000 electors, elected by universal suffrage, for six years. The President convokes, adjourns, prorogues, and dissolves this body at his pleasure; he nominates its President and Vice-President; the official minute of its proceedings, drawn up by the Bureau, is all that is allowed to be published; it cannot initiate any law; amendments on laws submitted to it by the President cannot even be discussed until they have received the sanction of the Council of State. All these bodies are mere instruments of the despotic will and selfish egotism of M. Bonaparte.

The same week witnessed other measures of very important character also. The principal of these are, the suppression and reorganization of the National Guard, and the banishment of those public men who were either considered likely to thwart the success of the President's schemes, or on account of their Socialist and extreme democratic doctrines, were regarded as dangerous to the well-being of the State. Of the expelled representatives, M. Thiers has gone to England: General Changarnier and Lamoricière, it is thought, will fix their abode in Belgium; and Emile de Girardin, in the United States.

The most important movement in administration, yet taken by the President, is in a decree that the members of the Orleans family, their husbands and consorts, and descendants, cannot possess any property (movable or immovable), in France. They are bound to sell them within the year, and in default they will be sold by the domain. Another decree cancels the donation of his private property, made by Louis Philippe on the 7th August to his children, and enacts that their properties, of about two hundred millions of francs, shall be employed as follows: Ten millions to societies of secours mutuels. Ten millions to the improvement of the lodgings for the working classes. Ten millions to the establishment of a fund for granting loans on mortgage in the departments. Five millions to a benefit fund for the poorer clergy. All the officers, sub-officers, and soldiers on active service will receive, according to their rank in the Legion of Honor, as follows: The Legionary, 250 francs; the Officers, 500 francs; Commanders, 1000 francs; Grand Officers, 2000 francs; Grand Crosses, 3000 francs. De Morny, Fould, and others of the Ministers, having refused to concur in this confiscation of the Orleans property, resigned, and the Ministry, which had been re-modelled and re-organized (a new "Ministry of State" and a "Ministry of Police" having been created), now consists of the following members, viz.: MM. Abbatucci, Justice; de Persigny, Interior, Agriculture, and Commerce; Bineau, Finances; de Saint Arnaud, War; Ducos, Marine; Turgot, Foreign Affairs; Fortoul, Public Instruction and Worship; De Maupas, Police; Casabianca, State; Lefebre Duruflé, Public Works. The confiscation decree called forth spirited protests from Montalembert and Dupin, the eminent lawyer and President of the late Legislative Assembly. The former, together with Merode, Mortemart, Moustier, Giraud, André Mathieu, Baudet, Desrobert, and Hallez Chapared, refused to countenance a Government which could be guilty of such a measure, and accordingly tendered their resignations as members of the Consultative Commission. Dupin, also, resigned his post of Procureur-General of the Court of Cassation, which high office he has filled for twenty-two years.

The enormous property of the House of Orleans was divided into two main portions: the hereditary domains, consisting of the estates settled in 1692 by Louis XIV., upon his brother, the revenues arising from which amounted latterly to nearly $500,000 a year; and what may be called the acquired property, consisting of possessions gradually purchased in a long course of years out of the accumulated savings of a wealthy, and, on the whole, prudent, succession of princes. It is this last species of property alone which has been made the subject of absolute confiscation. The decree reduces the Orleans princes to absolute poverty. The Comte de Paris and the Duke de Chartres are at the present moment utterly destitute of resources. The only property now remaining to the family, is that derived from Madame Adelaide, the only sister of Louis Philippe. This, not having belonged to Louis Philippe in 1830, does not fall within the operation of the decree of confiscation which affects the rest, and it is now all that remains to the family in France.

Louis Napoleon, it is intimated, will shortly make another step towards monarchy, by forming a matrimonial alliance with a Swedish princess, and by restoring titles in France. At present, there seems to be no check to his advancement—a large majority of the people are evidently on his side—the army is with him—Russia, Austria, Prussia, Spain, and nearly all the other monarchies have resolved to support him—and it is probable that he will shortly assume the title and state of Emperor, as well as the Imperial authority.

In Austria, the constitution of 1848 has at last been formally and finally rescinded by an Imperial rescript. The reign of secret tribunals is restored; the proceedings of the law courts are no longer to be public. Along with the constitution of the revolutionary epoch, some few privileges and securities previously enjoyed by the subjects of the house of Hapsburg have also been swept away. The powers of the municipalities have, wherever they existed, been curtailed, and in some instances abolished entirely. It is not the status quo ante that has been restored in the Austrian dominions; the condition of the people has been rendered more servile.

A very important movement has been going on in Germany. We refer to the attempt of Austria to combine her dominions with the Prussian Zollverein, by means of a treaty of commercial reciprocity for five years, with complete union afterward. A conference of delegates from all the important states, except Prussia, was sitting at Vienna during the month of January, but the results have not definitely transpired. Such a union would be beneficial to the people of the states involved, by favoring industry and giving new activity to trade, as well as by dispensing with a large proportion of the armies they are now obliged to support.

The railway between St. Petersburg and Moscow is now in regular use. The first train, on the 13th of last month, took from Moscow to the capital 792 passengers. The line was eight years in constructing. The line from St. Petersburgh to Warsaw has been commenced, under the direction of General Gersfeldt, who assisted General Klenmichel in the former line.

Through the representations of Lord Palmerston to the Turkish Government, all difficulties have been removed with regard to the Egyptian railway, the works of which are to proceed without delay. Mr. Stephenson has surveyed the line. The two branches of the Nile are to be crossed by a pontoon bridge. The Pasha has given orders for 18,000 laborers to be put upon the works.