The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-11-04

will be surprised at nothing which here. Ju-
brgus the prime mover Of the State machine. Cabi
nets are formed and dissolved by o sigh. Love-sick
ladies' and court avorites decide the desnes all the
SPANS young girl Of seventeen rules tho Oldest and
most celebrated Of European States. Her husband,
youth, such as In England called spoony. conceives
dislike to her. aud chooses to reside in different house
She soon finds consolation for his absence in the
society ola handsome young officer Who enjoying her
bounded favor becomes 1t is called the Of the
situation" lie makes and unmakes mnist tries he is
all In ell with the corps dpiomtiqme without his sp-
been whispered that smiles have heen avshed on
another handsome ofhosr-A certain young colonel
and great 10 the confusion and uncertainty thereby
duced, which Is master of the situaton' There are
two Influences for such is the polite name given here
to the fsvorites Of the queen No one
what viii happen In the palsce tomorrow.
When | last wrote to you, the hopes of the liberal
party were exalted to the highest point General Mar
vaea regarded as the type OF arbitrary power and of
sword had just been sent from Paris under
the auspices Of Louis Philippe and the queen dowagsr
queen, get rid Of the influence and II necessary
raise military emeute for which purpose he sup
nuencs'' was TOO much for him He was repulsed from
the palace ordered to go beck to Paris and ministry
formed in direct opposition to his advice nstruc
lions general amnesty. including by name General
Espsrtero the arch enemy OF the wager queen and
her uncle Louis Philippe and the rival Of Narvaez
proclaimed and the Espartero to his
rank honors and emoumenfs Thus the wind seemed
to have set full In the sails Of the liberal party But
! said there 10 nothing certain here To the utter
Of ALL there appeared in the Of
royal ordonnance Diminishing the cabinet mnsse and
appointing General Narvaez prime minister with
pothess which brought forward to explain this sud-
den political phenomenon. Some suppose that Mar
with fears Of the second Others maintain
that the rst influence has lost its gravitating power
and that the second influence Is In the ascendant,
and that 1t Is this latter that Nsrvaez has In this in
stance worked Be this as 1t may the fact Is indu-
bitable as the leading type Of the Madrid Gazette
make It, How long viii 1t last? Aye that the quss-
ton. What policy will Nsrvaez adopt? No one can
foresee. He IL bold, unscrupuous solder-the idol Of
the army His instinct would be to govern by the
sword But there Is public opinion in Spain aud in
Europe. England has voice loud and potential that
Of France and to the policy most oongeni. to Nsrvssz
next win bring you more definite information.
ATHENS, Sept 80, 1s47.
A great event has occurred here since my last M.
Coett the prime minister Of king Ohio, has died of
acute internal maady This minister remarkable
being the tool and Of the French Court
whose sentiments he expressed and under whose nu-
he conducted the government Of Greece. He was
the main cause Of the apparently ncurabe difference
existing between this court and the Porte 1t Is there
FORE probable his fall may ut once be-
by the decline Of French influence Greece and by the
re-establishment Of relations with Turkey NJ CO.
letti was In MEASURE the pupil OF NJ Guizot and when
that 10 said well understand that he oppo-
nent Of all progress in the liberal and constitutional d.
rection. His last words aeotonste remembrances
to NJ NJ. Guizot and De Broglie. No names have BEEN
yet added to the cabinet since his death The presi
dency Of the council and the ministry of foreign affairs
both Of which he held are for the distributed
bstween members of the cabinet Of which he him
self the head. This state Of things however, cannot
continues but what change may take place, 10 impossi-
BILE to predict The elements Of instruction
where fermenting through the kingdom; the finances
are In deporabs state; unable to pay the in
terest of tho debt and with each gale we are
" In Ain for ha in
terest Of the money she has guaranteed. Meanwhile
general fermentation prevails In all parts Of the king
DOM and open nsurrecton has already appeared In
versl places We in a state of transition at this
moment, the issue Of which cannot foresee.
The Financial Crisis In Great Britain-The
Failures In Europe.
[From the London Times, Oct
Considering the state Of matters in the city at this
ment it Is surprising that the cry for reefn at any
urrspt Th. truth Is sy,asptv p.eo~pissd %tbo%sS
two thirds Of those who engage In trade usually
ignorant Of the immutabe laws to which, tamper with
them you will tho relations Of money must inevitably
conform and consequently cherish the belief that they
have only get into difficulties for the Chancellor of the
Exchequsr help them out the fact that relief can
be suggested plain any delusion upon
the subject. Last month We had four millions sterling
to spare for railroads; this month we have three mil
lions and half How this assertion and the camol
Of distress be coupled together Let deputaon wait
upon the Of the Exchequer in the face Of such
Of pounds commercial firms daily falling that 60
vernment bills unmarketable, and that can
prophssy where the mischief Is to end Will he not
commend the application Of some of these surplus mil
lions to the immediate exjgences of commerce. and
qsst mis- petitioners to wait upon him again when that
experiment shall have been tested On Friday last the
London and Birmingham Company took quarter of q
Million the day the Caledonian took half mil
iion and on the to and North
dent for Mr.. Giyn, Mr. Hope Johnstone and Mr. Hud-
to put forward these demands whence It
that mercantile firms securities In their hands, ind
difficulty In obtaining for any period ut any rate
OF interest few comparatively small amounts 1t will
that these calls should be made that all agreed that
nothing but impenetrable Indifference to national ruin
or sense Of having proceeded so far In their mad
that 1t is now rs dangerous to suspend to
20 on, be supposed to actuate the various drec
tors; but that the grand point is, that the Legis
mas % IL II then 0o. 70
there in talking about the natter that the de-
mands must be met and that commerce. to be lett
without relief until payment Of railway calls shall be-
impossible it is quite clear whos system will
be in jeopardy II the companies possess all these
powers, what IL to prevent them from ab
sorbng every thing that might be given with the inten
tion of assisting commerce. The highest issue paper
which the most ardent anti gold nnancers hsveyet
tempated Is six Millions If that amount issued
TO- morrow, any doubt that the immediate ease
which would follow would be the signal for proportion
ate augmentation of those demands which during the
past two months only kept at total Of eight
millions by the consciousness that neither threats cao
cry force, could by any possibility extort more IL
notorious fact that for the last half year the exist
ing state Of the money market has been mentioned ut
every railway meeting to account for the Slow pro-
OF WORKS. anu result OF adoption
Of remedy would, therefore, be to the only
means by which the mania has hitherto been kept
within That range which has sufhced to bring US
to our present condition. But although relief In
the permanent of the word, Is out Of the
question, 1t is to be repeated that the peculiar
Of the past few days have been the result OF
inevitable necessity. For the downward course
Of trade until the public shall have vanqushed
their railway opponents there Is help but for the
sudden jerks by which, in addition the whole frame
work Of commercial system Is every and then
entirely dislocated indebted soey to the bank
On the I'D Of September exchequer bills and stock
considered by that corporation to be securities desr
able that reduction in the rate of interest
was resolved upon in order to get larger supply than
the public seemed disposed to bring In For foar weeks
this Impression the part of the bank continued and
even when doubt came 1t only to whether 1t
desirable to take them at rate quite low FIVE
per cent Accordingly the 3Oth Of Sep init
nation again given that the bank had st such An
opinion Of these securities and Of its power to take
quantities Of them that although could longer re-
csive them at per cent 1t would continue to do 80 at
on Here gradual progress, and the public (sup
posing them to be guided they unfortunately are by
the actions of the Bank Court Of by the
In the GaseeD were entitled to suppose II the securi