The Liverpool Standard, and General Advertiser.
Liverpool, Merseyside, England, 1854-12-05 00:00:00

"tl7 incline to this view of the 'case

Blltwwf-

I,'eeopie

your own ?

mstring

fortified

ike spik

Ike voa'r Own cavair

aen it has

own guns, or

I'Vbrnot restore, and

necessary, strengthen the poi

Lon, so as to make it a

15,etPettial terrorto evi

doers ?

mt make it a harbodr

convenience of all those p
nberested, 'to wit, Turkey, France, and England ?

r(q. the. joint

s that are most

AB
a protection to the " sick man

aloe would be very

Nat.; it could be made of immense advantage in aiding
tilt bold mountaineers of the Caucasus, who forma wall
of 14.,
'lll-e on the south of Russia; it might be of great ad-
'atage to our commerce, especially in grain ; and there
old be no valid reason why the vessels of Austria corn-
u'l 4WD. the Danube, or those of Russia itself, from the
ez or the Sea of Azov, should not be allowed to use it
Purposes of refuge or commerce. But here the

restiwarises as to the possibility of its retention. There
1110 doubt that such a prize would be snatched at again
Russia ; and comparing her proximity, determination,
444stiddenness of action, with our own distance, hesita-
li
,°ll, and slowness of action, there is little doubt'that, in a
w Years, the double-headed eagle would sleep in his
be • again. What, then, should we have, gained by the
""od• shed at Alma, Balakla.va, and Inkerman ? Glory,
enlarged gazettes, a new set of ships for our navy, many
monuments in our cathedrals and churches, and a large
brevet promotion. This is not a suitable return for so
peat an'expenditure ; and-though the Government of our
,
lant allies are well known to incline to this view, it will
eceived with caution in England.

The best plan is to help those who are willing to help
themselves; and, in modern policy, it is sometimes found
far better to aid a struggling people who are working out
their own destinies. gallantly, than to patronise and bolster
them
:too much. The-very names ofEngland and France
and

g- spirits of the Moslems

sustained the droopii
%vithout either of them requring to fire a s

:gle gun, the

,
heroic eight thousand of Silistria drove back the legions
°1 Museovy. By becoming our own policemen, we may
Zve a similar fray to quell every five or ten years ; but
raising up a body of native police, we secure the keep -
1f
kf the peace. It so happens that two- eonntrtes, once
'ePtnaent, form the western boundary of Russia; and,
roland and Hungary were sufficiently supported, in an
earnest and simultaneous struggle for nationality, they
might form the nucleus of a federal independent empire
Which would be the barrier between eastern and western
Europe. The disputed provinces of Moldavia and Wal-
lachia 'adjoin them; which, with the addition of Bessa-
rabia, would give a continuous line from the Baltic to the
Black Sea, When the old empire of Germany fell to
Pieces and was reorganised under the empire of Austria,
therewere numerous auguries of unity and concentration
within and-protection without. These have not been ful-
ulled ; and a new congress,- like that of Vienna, in 1815,
will probably divide the map very differently. But what-
e'ver view ofkhe subject be taken, so far as concerns the
'western- frontier of Russia,.there can be no difficulty of
,113- thing like the same magnitude on the south. If the
I:ireea were restored to its own people, and both it and
the district of Georgia and Cireassia taken under the pro-
'tetion of the Western Powers, these would be a natural
grantee forthe good conduct of Russia, tilt the decla-
,et`ion of -another general European war. For nearly a
d•nturV no power has exhibited so much of an aggressive
4,llPotition, and it is only a question of facility in saying,
tlitherto shalt thou come, and no further." Of course,
v
t.;e do not advocate such a nominal protection as was
:Vven to Cracow, leaving it practically in the power of
; but a wholesome and kindly superintendence
I;,'n7_,e,iliat which isoxercised with tarmony and satisfaction
e republic of the lonian Isles.—Communicated.

eOIIMEROIAL ck MONETARY

NEWS.

MONDAY NIGHT.

ojzit -unsatisfactory state of affairs in the East,
Whig to the war .being protracted longer than
antiCipated, and the uncertainty which pre-
ads as to -the futum requirements of the Chan-
cellor of the Exchequer, as well as to the inten-
r'
in s of the German'Powers, have led to a gradual
decline the value of -.public securities, but not to
ali
Y very great. extent. Towards . the close of the
ter,_
•
i'ks however, there was an evident improvement,having,lhuted by some to thenreports of Austria having
western
definitely agreed- to co-operate with the
Powers,while others again state that it was
to'ng to purchases on the part of the pubic in order
receive the dividend whidli is payable next month.
Perhaps.influence,
both causes may have had some slight
but it is satisfactory to observe that,
Notwithstanding the heavy expenses of the war,
711, Public Funds are at so comparatively high a
,v44e, a proof of the large • amount of capital in-
:tied The returns of the ;Bank of England•show
increase in the stock of htllion to the extent
,!
£215,010, a result rather unexpected, as it was
',laid -that the exports ',had exceeded the receipts.
Ate other changes are unimportant, there being
'the proportionate increase in the public deposits,
and money for commercial purposes being comps-
-I:atively easy, very little alteration "has 'taken place
.111 the amount of "other securities:"
The Turkish loan, which had lately become
such depressed on account of the uncertainty re-
?acting the security for repayment, .has slightly
:proved, owing to the declaration being published
al certain documents :autholizing the' oan and the
t'oeation of the Egyptian tribute being ,deposited
The reports from the Cotton manufacturing
i,lllets are of a gloomy character, but there are
tLident symptoms of improvement, and towards
close of the week goods were bought more
hi*, but without any improvement in prices,
accounts from Australia are discouraging, but
oat`lBe from Calcutta are better than were aniiei-
cn,!(l., while the home trade, it is hoped, is showing
W;s of revival, The Woollen trade is still in-
e, but the stocks being low, there is no decline
trmne value of manufactured goods, The Hosiery
Clove is more active, owing to the orders from
Iturnent for the army.
veb, !, Corn markets during the week have been
for'L`_luil, and the trade confined to the demands
eg
.'llinediate consumption, owing to the general
tiirete ation of a considerable decline in value.
/Alt ;8. however, are nominally not much lower,
No: Would be impossible to effect sales to any
en not Without a great reduction. The abundant
ti '"Y of last harvest is only kept from consump-
-011 tit-through the bettered condition of the farmers,
4013 resent rates cannot fail to stimulate importa -
kivinn,wh ich would speedily have the effect of
401,26 the consumers the benefit which has been
1114"I'g withheld from them. Our agriculturists
1414 kt Ah
en find that they have overstood their
Ned The: Urns of the Board of Trade for the month
sth
of Nov which have just been published,
tOth- "lan Nov.,
• •
b_, a diminution of our Exports, when
4-"vvi with the cerrespouding perk a last