The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-02-12

The arrival Of the Europa in this port, yesterday
morning. has furnished the full English files for the
Herald, to the 18th of January, inclusive, and CONT
mental papers Of the latest dates.
The aspect Of Europe for the fortnight, prece.
ding the sailing of the Europa, presents lights and
shadows which give an interest to details not re-
merkabe for any very bold features. In England,
the announcement of a loan of five and half mil
lions sterling to Russia-Messrs. Barring Brothers
and Company being agents for the gotiation-
had brought out Golden and the peace party at
public meeting in London, and had stirred up all
the liberal part Of the people against 1t. The Au-
tocrat had explained that he wished the money
STIMULATING to repay it wholly in fifty years, at four
and half per cent-for the purpose Of finishing
the railroad from Moscow TO ST. Petersburg; but,
he has all the materials for that road at hand, it
is much more probable that he Is seeking to
strengthen his treasury-impalred already by his
expedition against Hungary-for the purpose, at no
distant day, Of descending the Danube with force
against Turkey. The object of the meeting was
10 make the contractors infamous in the eyes of
Englishmen, and to depreciate the stock as a
channel Tor the investment Of English funds. The
TINES, however, is on the side OF the Autocrat,
and perceres no difference between lending money
and having any other commercial intercourse with
Russia. 1t sticks firmly TO pure mercantile phi
losophy upon the question. 1t is almost unneces-
sary TO add, that every liberal press opposed to
this transaction-and well 1t may be, on business
grounds wholly, for, in 1872, when 1t was esti-
mated that twenty millions sterling would COM
plete il, the money was obtained upon a demand
for fifty millions. The requirements Of the State
and Of the railroad appear to be identical; and the
Autocrat seems disposed to make these loco
motive loans the means OF advancing his interests
in more ways than one. The only political news,
IN addition to this, with respect to England is the
array Of battle under the auspices Of the Protec-
uonists, who are highly encouraged to advance by
the stand which Mr.. Secretary Meredith has
taken upon the necessity Of a tariff; but the bnl
liant ingenuity of D'Israeli, backed by an inter-
minsbe army Of speeches, will fail TO produce any
effect. The Anti Con-Lsw League subscribed
ten millions sterling TO make their last step eec-
tive, shoxd they be obliged to take 1t; and TIL the
protectionists can touch the pockets Of the people
and Of the trading class, they can hope for no re-
turn to the old order Of things.
In France, the position Of Louis Napoleon is
little curious. Some crisis is at hand Either he
will consolidate his power and make it equal to
the emergency, or he will fall by his own rashness.
lie has already commenced fierce onslaught
upon the press, the free and unsmothered opinions
Of which he fears; and II is easy to perceive that
his extreme sensiuveness to public opinion will
lead him to take step further than is prudential or
safe. To coun,eract the efforts Of the press or
POSED to him, he has established the Napoleon
newspaper, edited by his private secretary; and
there il strong effort made throughout the go-
vernment departments to give currency to ITS
opinions. We shall see to what it will lead Ia
the National Assembly question has arisen Of
great moment II was on the educational bill, the
object Of which is to give the clergy grestpower in
the University. This attempt to 60 back to ex.
ploded regulations was met by serious opposition,
though il passed to first reading by majority Of
two hundred and sixty.eieht. The intent and pur-
Jose Of the bill cannot be concealed Even Theirs
remark that the bill conceded much to the clergy
for the sake Of public instruction, shows how
gifted mind will resor to pious fraud to fortify
weak position.
SPAN exhibits little 10 interest the public mind.
The cabinet Of Nsryaez, en- the estimates for the
current year, has met in committee with opposi.
ton. detailed in seven separate reports. The va
nous opinions Of the House were reflected in these
various channels, and debate has been the re-
suit. NaIvaez has made proposition to have the