The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-10-23
The Russian Empire.
THE EFFECT OF THE HUNGARIAN CAMPAIGN ON tt


RUSSIAN FINANCES.
letter from kalisch, daten Sept. 23d, says
The Russian campaign IN Hungary, short as 1t
was, has not been unattended with certain ac-
tsn on the financial state OF Russia. Previous to
1t there was not money enough in hand for defray-
ing the necessary equipments and preparations,
and the delivery OF supplies for the armies march
ing to Hungary had to be effected in the form of
acquisitions, only partly by means of paper money,
mostly with bons or receipts, nay, sometimes
these supplies were collected as an equivalent for
future taxes that would be due, but which were
not Jet That this was done from no prudential
apprehension respecting the tedious duration Of
the war, but literally from want of cash, is proved
by the requisltlon now enforced OF winter stores
tor the advancing troops, which is done in pre-
cisely the same manner As is well known at the
outset of the war, all the imperial sums of money
lent out on mortgage were called in by due Motif
cation, and this Is at least very sgnlcative Ian
guage. The Russian debt, therefore, which in all
like llhood amounts to $50 millions of silver mbles
has been considerably increased In foreign parts
by tins Hungarian war; that Is 10 say, If the Rus
sian mini steral fnancers succeeded in getting up
loan In foreign paris; but II Is notorious that they
did not succeed. In times of peace, the mainte-
nance oi the army alone, Notwithstanding the fla
grant mode of dong 1t, cost 20 millions of silver
rubes, IN which 1t Is certainly to be observed, that
here, as. well as IN all Russian givlngs out and
takngs, in pretty nice little sums stuck to the fin
gers of the officials, something more than what
stuck TO the bask et with which Ali Baba measured
The sequins he had lugged home from the cave of
the Forty Thieves. by, the Hungarian war, the
above sum was enormously increase d; and since the
army had TO be supplied with gold and silver why
the persons who delivered the supplies had TO be
tobbed of with bons," although the Bank of AS
slgna,s has issued no less than 700 millions of
silver rubles, which serves at the same time az
proof, that even in Russia there is plentiful
scaTcliy 1T the precious metals Ii Is true that
Russ ian money has not to such degree the trick
oil emigTHting as Austrian money has: The large
sums that went TO France, and which have been
much iolktd Of since, have for the most part found
their way back again as payment tor corn and
Hour, for IN the year ISL Russia sold no less than
seveniy-hye millions Of silver rubles worth of
srtadsiutis, nearly third OF which went ~
France As Tor the national treasury in the fortress
Ut Peter and Paul which amounts to l02 millions
OF silver iubles in bulIon-this, IL Is true, is a
nice little thing in It's way, but no national trea-
sure for a colossal empire, that wears the Ural,
with ITS productive mines Tor its belt, even with
out taking into account the circumstance that the
sum in question rs much doubted by chosen few.
Nor Is the profit from the Siberian mines so great
as II IN declared TO be, though the State lays out
on them seven millions OF silver rubles a year.
The Russian accounts make out the quantity of
god obtained by Russia, as compared to what is
get IN Hungary and Transylyanla, TO be IN the
ratio OF II TO Il but this ratio exists more on paper
than IN reality. That Russas national debt must
continue TO increase, 10 necessary from the crcum-
stance, that the ordinary outgolngs OF the State
alIeeoy exceed lhe lncomlngs, causing an annually
progressive dehclt in the revenue. The Russian
revenue CAKES, duties, monopolles, Nc.) does not
amount 10 more than 100 millions OF SILVER rubes,
WHEREAS the yearly expenses and payments come
TO at least 100 Millions and these are proportioned
out on account Of the army, the ministry OF the
interior, the feet the privy purse of the emperor,
the manufactures Of the crown, for education, &C.;
nor must the sums devoted to the police and the
spies, the bnbng at home and abroad, be left out
Of the calculation. Under such circumstances and
such a financial state, Russia can have no peculiar
relish Tor war at any Time; but Il will most as
suredy accept one, either when provoked. or
where IL considers itself obliged TO do 80 Tor main
tanning Its principle, a principle of equal and pa
ramount importance with It's very existence, as
was literally the case ia the Hungarian instance.