The southern press., 1851-11-19

manner, but in Austria, in order to drain millions
out of Hungary for the benefit of Austrian
absolutst power; for Hungary was obliged to
pay for cotton manufactures, which here in Eng.
land can be bought for f8 or Co. ego or f22
because of the importation taxes. Therefore
in this great market, England almost, if not
quite, in an open loyal manner, has not parta'
ken IS; not to speak of smuggling. What is
the market of Russia for English manufactures
If not by smuggling, very small, very insignia,
cant. Here you see the direction of absolutism
Now see the direction of freedom, of liberty
which ! have the honor TO represent for my
country The very day when Hungary pro-
claimed its independence, and entrusted me to
be the chief, the governor ofmy i'll fated country
my first deed was to send instructions to my 70.
representatives. in England to make known to the
English government that the barriers of Hunga
ry had fallen, and that Hungary was open to the
industry of England. Hear, hear 1t is not my
fault that very little profit was made out of it
I Hear have proved the direction Of freedom
in respect to industry and trade, Hear hear.
Now, my lord and gentlemen, only to think fol
a single moment that as the Russian principle
triumphs over the continent and it is said the
Gar has put his foot upon Hungary's neck
and this step was only degree to that immense
preponderance it has on the continent--only
think for n single moment, as the Russian and
Austrian principle of absolutsm triumphs on
the continent what must be the consequence
for the industry and trade of England. A new
continent like that of Bonaparte, on absolutst
because prohibitory principles. 1t will stop, il
it must stop. rs through the liberty of English
commerce the triumph ofabsolutism would meet
again and again, principle, the shock of which
al mi ota npl, nj Of 4,
triumph of absolutism, of such stoppage on the
continent to the trade and industry of England
Look at the terrible consequences of such a
triumph of absolutist principles, to stop the
trade of England only for a short period You
would have to 90 to wnr against the world-you
must. You must send your fleets as your fore
fathers did, to protect the interests in England.
You would spend millions, and torrents Of blood,
to get freedom for the trade, for the industry of
England or else England or else London-now
the fairest spot on earth, now the place where
only exists social order, not by terrorism, but
by liberty--ths glorious place would inevitably
decline. Hear hear. But you have not to
spend money, blood, 10 insure this harmony
this connection the welfare of the world with
the industry OF England; there is an immense
market for the industry of England at your
very doors, with Europe free.
We have struggled in Hungary for that free
dom-for the principle connected with freedom,
Of free trade, and the free intercourse of ma
tons. Hungary, restored to its independence
and its liberty,is equal TO proclaiming to the
world that the principle of absolutsm is crushed
on the continent; and, were this principle
crushed, there is no impeachment any more to the
free intercourse of nations. You have seen we
struggled for that principle; you have given
your sympathy for the past, your wishes for the
future; let ma repeat, let them not remain bar
rem. Hear hear, Perhaps ! tire you. No.
no The sixth principle which meet in this
place is the financial. My lord and gentlemen.
London is the regulator of the public credit and
of the money market of the world. These few
words spoken to you suffice to state the i'm
mense importance Of this principle. Well, if
London is the regulator of the public credit of
the world, and if very considerable quantity Of
the loan shares ofevery government in the world
are concentrated here in London, let me ask
where is the security of those loans? Where is
the possibility to see paid the money under the
governments of the world!, Hear, hear |,
The security in the victory of absolutist principle
or is it the victory of the principle of freedom
Hear, hear. Take despotic governments ;
what is their basis of existence? l. IL the love
of the nations? Oh, how could the principle Of
desposm be love! Love in such case is n
contradition to our nature. Hear, hear. Is
perhaps the basis of the absolutist governments
contentment of the nations! How can men be
contented without freedom! Hear, hear.
What is the connection of the principle of ab
so!utism? Itcan be marked out in a few words
-" People, pay, because | want soldiers and
spies, and TO be your illimitablc master" How
could the principle Of these nations BE- coptent-
ment! Hear Therefore, what is the basis of
their existence! Immense costly armies, and
not less costly diplomatic intrgues. Hear
The sweat of the people cannot suffice to pro.
vide for all those necessities, not for the wei.
fare, not for the happiness of the nations but 10
keep them in servilude. Therefore, the abso.
lutist governments must come again and again
to the money markets TO get some loans Every
new loan in whatever unproductive manner ap.
piled, dminishes the resources out of which il
should be paid; and when the same goes on
again and again, who could take the guarantee
upon himself for the nations of the world with
their eternal loans, employed, not for their bene.
TT, but against their benefit and against their
liberty who could take the guarantee upon
him that once these nations, grooming under
their material sutierings, will not say, Let him
pay WIN lHo uliht lt htDL VIC tlldue IL MOI.
Here u the prospect which absolutist princi.
pies point out in that respect But there is
prospect, especially 20 The house Of Austril.-
That prospect is inevitable bankruptcy. You
know how it is where government has often
need TO make loans, and where il is in necessity
to make, for instance, now new loan Of ES,00O,
600, for the purpose restoring the balance oft
financial system in Austria. Oh, no; only 10
get through three o. four months, and then Ia
get new loan the interest of these new loans
has to be added to the expenditure Of the gov.
eminent Men without any enthusiasm, earnest.
ly bordering this state Of the house Of Austria,
must confess that the very early prospect, unles,
arerted by restored liberty, is bankruptcy.-
Hear, hear. Now, will beg leave to state to
you, in very few words, what prospect is pre-.
senied to the financial principle by the freedom
and liberty ofthe world. Since | left Kutavah,
had occasion to stop for short time in differ
ent parts Of Europe, on the shores of Italy, in
France, in Lisbon. had the honor to meet the
free offerings of most noble sympathy, the
most cheering welcome everywhere. Why p
Because ] am taken for the humble representa-.
tive Of the principle of freedom for my past