The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1850-02-14
A Glance at Europe i'm 1s4e.

A Glance at Europe I'm 1s49.
In late numbers of the National Integencer
are letters from their London correspondent They
occupy eight columns, and therefore must be ex-
cluded from paper. But condense their
into regulation standard In the first place
money is very abundant. Interest has fallen from
s and 10 to 2 per cent The writer fears the con
sequences Of this abundance Of money, and breads
another speculation mania. The exports and iui-
ports Of 1910 greatly exceed those Of the previous
year. Expectations of cotton manufactures have
not increased as rapidlyas other branches Of in
dustry, owing to the enhanced price Of the raw
material, and, secondly, from the increased con-
sumption at home. T his was evident from the i'm
proved clothing Of the people. This prosperity,
too, seems to extend all over the world. railroad
stock is down, and the investments have proved
about as bad American stocks-or 10oyse. The
present stock of cotton is j5S, 1874 bales. The
rage stock for the last ten years. at the close Of the
year, has been 636 31S bales. The number OF bales
consumed in 1S49 is $50, 500 in 1916 ,j05, ,323
in 1917, l,105,99s. The average consumption for
the last ten years has been 1,330,366, The pres
ent rate OF consumption will be kept up, unless the
price should be greatly increased. The wool Trade
1856 hogsheads less than last year present prices
will be kept up. The quantity Of sugar consumed,
is 10 500 tons over that oil lS4S. The annual con-
sumption in England is 100000 tons. Coffee, tea,
rice, cocoa, and spices in general, are increasing
in price. Coffee is likely to go much higher in the
| English markets. The prices of wheat and grain
in general depend on the weather. A frost which
will keep the Elbe frozen will raise the price, and
a thaw will reduce it. A ship arrived from Balt-
more with 5000 barrels, the largest cargo-ever
ceived. The amount Of gold received in England
during the year 1919 has been in value about
&c, ,7SS, ,65j-about So, ,0OO, 900 Ten millions Of
this is from California. The entire stock Of bullion
in the world is rapidly increasing. The amount
used in the arts is much less than has been gener-
ally supposed. The Banks of France and Eng
land are in healthy condition. Their circulation
is csc, ,506, 760. Their bullion is 34,340,642
The revenue exceeds the expenses FL 6S2, ,S07, and
shows all increase OF G470,000. Parliament was
to meet on the 31st OF January. The Canadas viii
probably be cut loose, and the 45 100000 annually
expended be saved The attempts to suppress tbs
African slave trade cost 100000, and were use
less. Some other means must be attempted to eitee
this end. The Tory party will attempt to reviv
| the Corn laws but will fail. There is to be grea
Fair in 1851. An architect has prepared mode
of building in which it is to be held, which wi
include thirty-four acres. The repeal of the Cor
/ and Navigation laws has been attended with ber
eficial results, and there is greater demand ft
ships than ever before and ship-building is in
most fourishing condition. No fewer than ninety
three ships building at Sunderland.
Lfteay.-Moore, the poet, is in good healtl
i r. L., :, II ~
did MT he die long ago? We hate to have poe
or great man grow old.
IRELAND.-The number of paupers in 1915 wa
j03,5 in 1919, ,9O6. Accommodations Lav
been prepared in workhouses for 50,906 more tha
the previous year.
The year 1913 may be called year of Revolt
tions; 1919, year of Reaction But on tn
whole, step has been gained. The political con
dition OF France is calmer, and its commercial an
industrial resources the increase. The passpoI
system has been abolished. Travellers can no,
buy through tickets from London to Cologne with
out being subjected to the examination OF thei
baggage. The passage from London to Paris oc
cupes ten hours.
PRUssIA.-The new Constitution is working ad
mirably. The Parliament is elected by univers;
suffrage, and many of the abuses Of the old syster
have been corrected. The unity of the Germa
nation seems remote as ever.
SARDINIA.-The young King, Victor Emanue
, has opened his Parliament with dignity and earne
} simplicity. He is the only King in Italy who ca
trust himself without foreign guard or encountt
the criticism of a free press. Sicily has agai
fallen beneath the power of Naples. France hf
reconquered Rome for the Pope. Austria agai
, governs Milan and Venice. Florence is under Ii
surveillance of foreign troops. Turkey, under II
: : liberal rule of Abdul Medjd, is making rap
strides in civilization, education, and all the be-
elements of national power.
i AUsTRIA.-At the beginning of the year, Austr
; was on the point Of dsmemberment, and has bee
: preserved only by the aid of Russia. That pow
{ has gained greatly by these events
Peace has been established between Denmal
|, and Germany, and the affairs of Schleswg- -Hoste
q adjusted. Sweden is advancing temperately al
steadily under liberal institutions and an enlighten
/, Government. Russia herself is feeling the inf
= ence of improvement and amelioration Hoai
9 and Belgium have been spectators rather than a
Z tors. Spain is awakening from her long slumbt
: She has improved her internal condition BY co
q sructng railroads, bridges, etc., and hasremode
m and liberalized her tariff Portugal has not il
u u proved, and as motion is the law of morals, she
er retrograded. t"
as The London Times says the military history
the past year has been remarkable from the extraC
mt dinary number of important sieges which occurre
u mo less than ten great cities or fortresses of
G. rope were invested and attacked--some Of the
places OF historical renown, which had been exem
for ages from the direct violence Of an enemy.
= Italy, Rome and Venice were captured after pl
tracted aud regular siege of most remarkable CHI
\, acter; Genoa and Ancona were reduced by bo
to bardment the revolutionary garrisons being unal
ee to suffice for their complete defence. In Denma
- the fortress OF Frederlca successfully resisted /
beseging army, and enabled the royal forces to tu
by by sally the fortune Of the war In the Palatna
Gu Landau was invested without effect, but Rasti
having been seized by the military revolt OF Bad,
= was taken, with some loss and delay, by the Pr
q slams. In Hungary the abortive seges Of Conc
IK and Peterwardien maintained their invlnobe rel
" tation, whilst the heroic defence Of Temeswar
the storm OF Buda must be considered the m
G brilliant exploits of that fatal war. In most of tn
Sc remarkable the necessity of acting against
to titled towns and positions arose from the circr
he stance that the revolutionary party placed more
lance on its strength behind the walls of cities d
in the field.n
Such is our view Of the present state Of Co
mental Europe, as produced by the events of the
year. We do not regard it as very favorable
| To- h.~