The Northern Daily Times.
Liverpool, Merseyside, England, 1856-03-04 00:00:00

colleagues
Peace Congress

went, we can

capable of abandoning
post on so frivolous a nc

to London, we may rest

follow the exan

ans fail to sec

been produced

agreed to; and

tho entire asi

oncess

3oming into

time must i

men I

simple et pi

sort. She ho

follow her example. St
the Principalities which

reasons far more weighty and important
Russians find that they may never again require
a fleet of large ships in the Black Sea, and whilst

refuse to consent to the demolition of

awl say nothing whatever about
kale, Kertch, and Taganrog, they

in iier

Yen
Odeisa,

ask to be alloN

to eons

and ether

repeated

treat with t

1 to r

interference

does appear that tt

uct as many gun-boats

are about to be
all she rejected 1

to be reliable, as extr

and havint

Austria, and

mate on the Paris Bourse

restoration of pea

court c

peace

The exclusic

)ermitted to

[I without the

it certainly

of negotiation

Russia refuses

this is likely

Torts have beer

a belie

certain

that, in

mit she looks on h(

1 strength, and will c

tby by the protrac

of Prussia from the Conference,

and the announcement that that power would
of Austria, should the negocia-

are changes which have

nce the Austrian proposals were
since they very materially change

of affairs, we need not be sur-

manded. Prussia sees increased
)osition; and Russian diplomatists

mi how Austria can escape

lision with the Turks in the

ans. in Italy

e that

3 complexity of affairs in

ntinued, th

rupture

Prussia will not be

Ft, neutrality which enables a

nows as well as Prussia, that

ality are numbered. He ha

11 Sta

a JOSEPH, and when

own •by ih

sition of Austria

thrt

Etterial strength, by

aal spiritual power,

'with t

that come

Western

1 of affairs

w himsel

a to talk

oy, instead

" modifica-
Austrian

accepted—
What is Europe to infer from all

told t

this? It cannot be possible thit Russia contem-
plates making fools of the Allles? Nothing of the

gain ti

•compromise

Prussia may

trian army in
'e than words

to remove, and she hears I
ready for war, and declari

g that she is
: will follow

ion of dollars a

Council of

She has

the steps of t
already obtained an armistice, but we are not
suffered to know anything it contains, officially.
The constitution of the Conference is the essence

California

yield them ti

s a lin

w hich

to the in

that the inter

of Russianistn, and its terms may be equally
despotic and perfidious. We are left to fight our
enemy in the dark. We are left to rely on idle
rumours, or designing fabrications, when all should
be open and above board, that the interest of the
Citizen, and the lives of our gallant soldiers, might
be guarded with equal vigilance and discretion.
All we can believe is that which emanates from
the ordinary sources of information, and that
which we can see with our own eyes. If we draw

en-env-tons conclusions under such circumstances,
the fault is nut ours. The people of England and
France aro burning with anxiety to hear what is
going on behind the State curtain—and while they
are not suffered to know what-advances havebeen

advices from A
from America.

they can only draw such

external surface of the diplo-

matic world justifies. This, we say, is a most lamen-
table condition to be in at such a momentous period ;
for the more we dive into the actual position
of the three great autocratic Powers, the
less reason we have to believe that the labours of
he Conferpri,o will lead to the re-establishment of
our readers

)uld is

essupo

1 s tea(' fas

y fixed

)osed to transpire with rega

of the Congress and in the

)f Europe

!e received from the United

a timely set off
The

commerce

bodings of war

pective of the adjustment of the balance of trade.
England must be, the market for their bullion, as
well as for their cotton and breadstuff's.

It is a part of our system, first to lower the
value of gold all over the world, and then to bid
the highest price for it; and until we adopt some
other principle, gold must flow to us, thouh;when
we get it we cannot secure its retention. It would
be impossible, however, to form'any estimate of
what the bullion traffic between the States and
Great' Britain' will be three or four year

to suppose

that the Atlantic ports can go on receiving a rail-

precious, metal from
Ind keep it in their banks where it rould
turn. It cannot be absorbed by

There

ev wants of a nation, beyond

he S

o, any more than

es of the public

It must be

trade, either as money or as a com-
-todity.
.and with the. increase which is
taking place in its production, it cannot be denied
id England, and I that we are no* launching into a new era ; and

veen free and commercial
to far less serious revul-
la are constantly taking

expo
,se w

place, when the' supply' 'of " the precious metals
bear no proportion whatever to the demand.
We may see occasionally 'fe‘v American packets
arriving without a bullion freight, as we have

in terrup-

become less fre-
pent, and the quantity shipped will show a pro-
y,ressive increase every /year. These are indeed

)n mt

encouraging prospects, at a moment when the
military despots and lawless invaders of Europe
have succeeded in dragging us into war, and are
still endeavouring to entangle us in probably still
more bloody turmoils, with. no less designing
and wicked Courts. Happily, the commercial

ilia are as encouraging as those
e. official returns of the imports

and exports of Melbourne had reached the highest
pinnacle of commercial prosperity, and showed an
excess of no less than 2,281,8891. of shipments over
imports. Gold was arriving from the diggings in
astounding quantities, destitution had disappeared,
employment was general, and the coming harvest
promised to be bountiful. All this augurs well for
our traders and industrious millions ; and while
we continue to draw from the circle of peace and

such encouragement, we have little to
fear from the demons of war. Trade must quickly
revive when we find our principal customers
growing so rapidly, and exhibiting such unmistake-
able proofs of stability. Our American trade must
become unusually brisk, and that with Australia
will probably exceed anything we have before wit-
nessed. Fabulously high prices cannot be looked
forward to in either-country; but to the man ,who
seeks simply a fair commercial profit, a large busi.
ness is opening, in which, if he employ ordinary
discretion, he can scarcely be disappointed. As
fir General PEARCP., and the American war party,
they have to overcome, and pervert the good sense
of the people of the States awl this, country before
we need give ourselves the least concern about

their predilections in favour of " hostilities