The Sun.
London, England, 1853-09-27 00:00:00

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LONDON, TUESDAY, SEPTEMBER 27, 1853.

RUSSIA AND TURKEY.

A second edition of the Morning _Herald con-
tains the following important announcement :
" We are enabled to state, from the best autho-
rity, that the Government, moved at length by
the unanimous voice of the country, and now
awake to the insidious designs of Russia, have
sent full powers to the British Ambassador at
Constantinople to act more energetically in support
of the Turks. The Government have also dis-
patched a messenger to Vice-Admiral Dundas at
Besika Bay, via Marseilles and Malta, with dis-
patches, informing him of the instructions sent to
Lord de Redcliffe, and enjoining the gallant admi-
ral to be in readiness to attend instantly to any
requisition that the Ambassador may make to him,
to proceed to Constantinople with the entire force
under his command. It is expected that by the
time the Government messenger reaches Admiral
Dundas, the fleet will be under weigh for the Bos-
phorus, and hostilities will have commenced.
"We are further enabled to state that orders
have been sent to Admiral Corry to take the whole
of the fleet under his command, including the divi-
sion of powerful screw ships, and proceed to sea
to-morrow, the 28th instant. We believe a por-
tion of this fleet will proceed northward, and
perhaps another to Gibraltar or Malta. Other
screw line-of-battle ships will be immediately com-
missioned for active service."

The excitement, amounting to a complete panic, I
still prevails on the Stock Exchange. Stocks, and
Shares, and Bonds, in short every description
of security and investment, public or private,
have tumbled, and are tumbling, and as yet there
has scarcely been an attempt at a reaction. The
fall on Consols, in a single day, was no less than
2i per cent., while shares in the best established
dividend-paying Companies experienced a similar
or even greater depreciation. Distrust and alarm
were visible on every side. It might have been
supposed by the elongated countenances of the
speculators that a monetary crisis had occurred,
and that we
were on the eve of a National bank-
ruptcy, or that at least there was every proba-
bility of another financial cowl, d'etat, and the
promulgation of
a Ministerial letter, autho-
risine, the Bank of England to disre_ar ,
ct the re-
strictionsthe Bank Charter Act, or
imposed by
possibly to suspend cash payments, and redeem
its promises by further issues of paper, the
Sixteen Millions of Specie still comfortably
re-
posing
in its vaults, being required as a peace offering
to alleviate the wrath of the modern " Raw-head
and bloody-bones"—the Northernßefearaaies_Wer, and to
induce him to permit our elderly
cannot call them men—to pursue their peaceful
avocations in quietness, and produce com-
fortable broadcloth and fine calicoes for the
delectation of the Cal muck and Tartar
hordes, to whose tender mercies our Isle was
about to be surrendered. Anything or everything
disastrous might have been anticipated from the
rueful looks of those sagacious quidnuncs, who
who deemed that the passage of the Dardanelles
by a few war steamers, although merely for the
purpose of affording protection to the French and
English residents in the Turkish metropolis, might
be regarded as the unequivocal signal for the final
setting of the sun of England's glory, and the
S downfall of the once potent British Lion.
r We should scarcely blame the gentlemen of the
Stock Exchange, the ursce minores of Capel-court,
for making the most of the opportunity. They are
but acting in their vocation and reaping the har-
vest, and a golden one it has already proved. That
they should do everything to increase the alarm,