The Express.
London, England, 1853-08-09 00:00:00

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LONDON, TUESDAY, AUGUST 9.

yt:4rKiinie, a ray of new and cheerful light was
let in upon the question of " Peace or War ?" and
instantly the funds, both in London and Paris, went
op with a perfect bound. Seldom has a more
pro:apt illustration been given of the instant sym-
paths• between public feeling and the breeches
pocket of the bourse. The long days of warlike
gloom that have recently cast a shadow over this
season of other wise unparallelid prosperity, are met by
just a gleam of promised peace, and up at once go prices
of Consols a' d liesites, taking with them the quota-
tions of all other securities. 'Phis proof of the value
and desire for peace is most agreeable and encou-
raging—so far as it goes. It shows once more how
couiplet.ly the civilising operations of commerce are
checked by tho mere likelihood of war and encou-
ra•pd by the prospects of peace. What we want is,
that this cheerful preliminary gleam should be fol-

lovred by a permanent sunshine. We want a cer-
tainty of peace that it may be enjoyed to its fullest
and most bentficent extent. For this it is needful
that ham be real, sincere, sulid,—and as nearly akin
to permanence as may be. The funds, that, on the
appearance of a favourable Telegraphic Despatch
(like that published in our columns yester-
day), Went up full ono per cent., must
not be liable to a fall, equally sudden and decided,

_
upon subsequent intelligence from St. Petersburg
or the Danube. In short, we want—not an armed
truce, but an honest and reliable settlement of these
Esstern difficulties. On such a settlement alone—

at on notbieg short of it —may we rely with confi-
dence for future freedom from disturbance in the
settled relations of Europe.

The despatches w•e published yesterday morning
stated that, according to advice. dated the 3rd of

August (the date is important), the Cz AR is ready "to
adhere to the note sent to him from Vienna ;" and
further, that if the Porte accepts this note without

alteration, " the Ambassador of the SULTAN will be

.....
accepted by the Emperor NICHOLAS." It was natu-
ral that the publication of this statement should gi•:e
rise to questions in the two Houses of Parliament ;
and accordingly we find last night Lord CLARE DON
and Lord JOHN Ilrs.sta.t. were both induced to say
something on the subject. As usual the information
they gave was of the most infinitesimal character. The
leader of the House of Commons said," A telegraphic

message has been received from her MAJESTY'S
Minister at Vienna, which is of a satisfactory
nature." In 'what way satisfactory Lord JOHN
itt.7SNELL did not in any way explain ; and when we
remember that this message was sent by the
_ _ _

Austrian Lord WESTMORELAND, the lack of explena.
tion is much to be regretted. Lord JOHN went on
to add, " I should say, in reference to the answer

expected in reply to the first proposal agreed to in
Vienna, that the messenger who was to go to Con-

stantinap!e, who I stated was to leave Vienna on the
31st ult., and who it was intended should leave on
that day, did not leave until the 2nd of August, so
that the reply from Constantinople cannot be

expected to be received so soon." Here, then, we
have, apparently, a sanction given et St Peters-
berg, on the 3rd, to arrangements not sent
to Constantinople before the 2nd. The news hitherto
spoken of as likely to give definite information on the
10th inst.—that is to say, tomorrow—"cannot be

expected to be received so soon." The Minister
again, also, deprecated the discussion of the Turkish
and Russian question in the House of Commons.
The Cabinet, he promised, shall say some/tiny before
the House rises for the recess, but that something is
to be uttered on a day so close to the prorogation
that debate will be next to impossible. 7he Coalition
do not like free speech on the matter; they will
govern as they think best, and the Commons shall
be mute. Such is the decree.

In the Peers the subject was opened somewhat
vigorously, and many portions of the questioner's
speech brought down loud cheers. The proceedings
of Russia against the Porte were declared by Lord
CLANRIC %RIM to be "either war er piracy." " Whilst
we are passing notes and sending couriers (said he),
we have not only the occupation of the Principalities
of Moldavia and Wallachia, but the invasion of Bul-
garia, and the whole of that great river—the Danube
—the most important to the commerce of Europe,
in the possession, on both sides, of a Russian force."
And what is the state of t►ings told by the tumors we
have received from the government in either House of Per
Basest ? That we have sent notes. Ay, bat you have
sent other notes, and we were told there was another Dote
to be sent !torn Vienna last Sunday or Monday ; bet whip
you are sending rates, the Russian forces en eskreseciliy,
and, beyond t►e Principalities I have named, are tablas
emission of another territory. It may be said, "deed
sews has been received, which appears is the papas of
to-day," and I shall be told probably if that saws
is true, that the proposal which has been seat from llamas
km been received favourably at St. Petersburg. Bid
we do not item Mat that proposal is, mad before you can
expect that the feet of its acceptance ems give merivalified
satisfaction, we most know what ie the nature of the pro-
posal which has bees made.
Lord CLANBICAZDE has hit precisely the right
points. While we are sending notes the Russians
are advancing; and our present satisfaction is based
upon ignorance of the nature of the proposal " re-
ceived favourably at St. Petersburg."
We want real peace—sound, permanent, honest,
and honourable peace. We want no armed truce: no

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resting of our prosperity upon the temporary whims

or humours—the fitful seasons of reason or of honesty
—of any irresponsible despot. That it is in our power
to secure such permanent and solid peace is certain.
Let us then have it. The mere temporary assertion
of the CZAR'S readiness to accept any note prepared
by the other Powers proves one of two things.
Either he is merely finessing to gain more time far
the planting his troops on the Danube—or he is
satisfied that public opinion is so strongly against
him in England and France that it is prudent to
halt. If he is finessing, we should tell him so, and
stop him as we can. If he is alarmed by the demon-
strations of England and France, we should profit by
the feeling, and insist upon an honest withdrawal
from the Principalities. One way only exists by
which the sincerity of the CZAR'S professions may be
tested. He has invaded his neighbour's territoties —let
him withdraw his troops from a position they should
never have occupied. Without the evacuation of the
Principalities, all professions of a desire for peace
are shams. The subjects of the SULTAN must be
permitted to return to their allegiance; the monies
of the SULTAN no longer be seized for the pur
poses of the Russian military chest; the bi-
'waders must retire within their own fron-
tiers. This is the way for :the Auto-
crat to prove his sincerity, and to place
upon a real and permanent foundation that peace
which is so needful for the interests of humanity, and
so full of encouragement to the commerce, and

lilac to the happinesv, of the civilised world. The