The Northern Daily Times.
Liverpool, Merseyside, England, 1853-12-01 00:00:00

NORTHERN DAILY TIMIAI,S.

THURSDAY, DECEMBER 1, 1853

tion, but merely to take off Mr, Colquohoun, our
late consul•general in the Principalities, and to
view the state of the mouths of the Danube.
The Turkish ships in the Black Sea may be
fairly able to hold their own against an equal
Russian force. The weather may, however, prove
more dangerous to both than hostilities.
An effective blockade of the north and western
coast would be an object of great difficulty. The
political and military consequences to Russia, of
the loss of the security she has hitherto enjoyed
in the Black Sea are incalculable.
The trade of the whole of Southern Russia, and
of the vast basin watered by the Dniester, the-
Bug and the Dnieper can be interrupted.
Odessa would be at the mercy of the enemy.
Sebastopol might be blockaded and attacked,
and there is reason to believe that its sea-
ward batteries are of inferior force to the
weight of metal which might be brought against it,
while the place is ill fortified in the rear. The fort
of Ocyakoff, the arsenal of Nicolaieff, and the build-
ing yards of Cherson, are said to be very imper-
fectly protected, the Russiarik having apparently
contented themselves with defences sufficient to
ward off the Turks.
The article further shows the possibility of oper-
ating along the Crimea against the towns on the
sea of Azotf, and the forts by which Circassia and
Georgia are held.
A competent maritime force, especially steamers,
would, within three to eight days, be able to attack
any point on about 2000 miles of coast, where the
Russians would be unable to concentrate any force.
The policy of the Emperor Nicholas has not only •
roused Turkey to collect a considerable naval arma-
ment, capable of perhaps meeting the Russian
fleet, without disadvantage, but has brought,.
into the Bosphorus, for the first time in history,.
the most powerful fleet England and France ever
sent to sea. She has contributed to place this
force within reach of everything that is most
vulnerable in his dominions, and has directed
the attention of Europe to a point which places
our relations to the Russian Empire in a new
light. By opening the Black Sea to foreign navies,
a far greater blow has been given to the security
of Russia than Turkey has received from the
temporary occupation of the Principalities.
The Times hopes it may not be necesssary to
give effect to measures which cannot be executed
without all the evils of war; but that such mea-
sures can be executed, if necessary, with rapidity
and precision, by the forces now in the Turkish
waters, it is not possible to doubt.

BANK OF ENGLAND.
Some further applications were made at the
Bank on Wednesday, for the discount of the
dissented stocks falling due in January. As
regards the 3 per cents of 1751, and the New South
Sea Annuities, the Ist of December is the last day
on which applications can be made; their transfer
books then finally closing.
PARIS BOURSE, WEDNESDAY..
Three per cents closed 74.10. Four-and-a-half
per cents, 99.9.

Printed and Published by CHARLES WILLMER, of
Oxford Street, at his General Printing and Stationery
Establishment, 19, South John Street, Liverpool.
THURSDAY, DECEMBER 1, Ma.