The Sun.
London, England, 1854-01-11 00:00:00

THE VIENNA MONEY-MARKET.

The state of the Vienna money-market, owing to the
increasing insolvency of the Austrian Government, ap-
pears to be such that, in the midst of the prevailing
panic, the most extraordinary delusions are circulated as
to the sources whence relief is to be hoped for. The
latest of these seems to have been to the effect that cer-
tain English capitalists have offered to get up a loan of
10,000,0001. sterling if the Austrian Government will
entirely break with Russia. After the failure of the
attempt to raise money in London last summer, when
political affairs were far less complicated, and when the
financial condition of the country, although known to be
deplorably bad, had not been so thoroughly exposed as it
is now, it has doubtless been felt by the Vienna specu-
lators to be hopeless to persuade the people that there is
any possibility of getting an advance upon the ordi-
nary plan, and. hence they have been driven to
base their expectations on the idea of its being
offered as a bribe. Happily, however, there is no
present prospect of more English cash being sent to
Austria on any terms other than such as would bring
utter discredit on the home market, and the accep-
tance of which would therefore be avoided to the
last. The Government have just refused to receive, ex-
cept at 15 per cent. discount, the paper of their own
National Bank, which all other persons in the country
are compelled to take at par, and it may be presumed
that nothing could be wanted in addition to this act, and
the statement of their estimated excess of expenditure
over income for the coming year, to extinguish their
borrowing powers in all quarters. They have therefore
no resource except among their own subjects, and as an
appeal to them cannot be long delayed, an inducement
obviously exists for the most urgent efforts to obtain
instantaneously some apparent adjustment of the
Eastern question. If in the present state of affairs
proposals were advertised, the conclusion would at
once be adopted that no possibility even of a temporary
loan,dhavtefo
ehetrobr
ee,
con
pacification remained, and thweoul
un-
less it wereg
war ath eforced one,
vs
a.
Icef also, the
vaguethe artrteetmeopctesweorne
tr
madea c te dd uor
inc
the part of the Czar in favourlen of a moderate policy it
would be known that Austria • entertained no faith in
them, since, supposing them to be sincere, she would
only have to wait a short time for their fulfilment in
order to raise what she might want under all the advan-
tages of restored confidence. This question will conse-
quently furnish better means of testing the private
views entertained as to the results to be shortly expected
than could be found in any other manner. From the
course of France likewise, and even of Turkey, on the
same point, the public both in London and Paris will be
able to form useful inferences. So long as the idea of
the practicability of an early arrangement is not wholly
abandoned, the applications for the 8,000,0001. required
by the former Power and the 2,000,0001. by the latter
will be postponed. If they are made during a mere in-
terval of favourable rumours, they may be regarded as
being hastily !put forth before an inevitable explosion,
and under no circumstances therefore can they be safely
touched until positive treaties of peace shall have been
published and accepted on all sides.

QUARTZ ROCK MARIPOSA COMPANY.—TIIO 'subjoined
memorandum is from the Quartz Rock Mariposa Com-
pany :--" The Quartz Mariposa Gold Mining Company
have received advices from the superintendents of their
mines at Maxwell's Creek to the 25th of November,
stating that the remainder of the heavy machinery had
arrived, and that they were actively engaged• in fixing
it. At Louisa Vein the tunnel was 103 feet, and cros-
sing a ledge of quartz, the ore taken from three different
openings on the surfltes proved to be always rich 22
miners were employed there. At the Mary Harrison
mine the tunnel was 2231 feet, and required a venti-
lator ; eight miners were employed at•it. The Dahlia
tunnel was 49 feet, and four miners employed 'at it. At
Virginia Mine the Marie tunnel was 180 feet, and they
expected to reach the vein every moment; on the sur-
face they were piling ore; 12 miners were employed
there. The superintendents confirm their previous
statement of being enabled to send home a large remit-
tance of gold in January, and they had requested the
presence of the company's agent from San Francisco at
the mines by the 10th of December, to witness the set-
Iting oftlie whole machinery into active operation;'