The republic. [volume] (Washington [D.C.]) 1849-1853, 1852-11-06

i AukkAe0 Loan
The London correspondent Of the New Yori
Commercial Adurtissy furnishes the following in
formation in regard TO a late movement at Con
| stantinople:
LosDos, October %, 1854.
For the nst few days the chief subiect Of intel.
eat in London has bsen the attempt, by the sultar
| pf Turkey, " avoid the ratification Of the tecen
loan, contracted in Paris and London; for ~ 900
oOO. The scrip was between IL and Is premium
when the fret intelligence arrived Of difficulties III
| the Turkish Cabinet, and fall Immediately com
mencedp which was not arrested until Yesterday
the lowest price reached having been 81 premium
The details of the affair are as yet very imper
fectly known, but as II appears to involve potica
considerations Of Importance, il has attracted a
great degree Of attention, apart from that which
has been bestowed upon II from lite pecuniary bear
ings, As far as any general inferences can be
it would appear that Russia and Austria, mortified
at Turkey having entered into independent and
successfdI negotiations with France and England
resolved Immediately to cause the ovefthr6w oil
the ministry by whom the step had been taken
Hence, although the negotiations for the loan had
been authorized by preliminary frman, while
each stage of the proceedings had been duly sane.
toned by the Finance Minister, (the Turkish Am
receipts,) they persuaded the Sultan, after the
whole had been completed, 70 quarrel with his min
listers regarding the terms that had been agreed to,
and to summon new cabinet that would be pre-.
L
To give strength to the movement, the services
of chefs of the Mahommedan priesthood were
likewise enlisted, aid these parties, who are In
possession OF enortous re$ehueS went with an offer
TO the Sultan to let him have loan of the saihe
amount upon muc,, SScctter condition than that
which he was urged to repudiate After the a..
missal of the late ministers, a story was got up
also that they bad refused certain advances re.
CURED by the Sultan at time when there ac
tually 81 ,O00, 900 in the treasury; and while this
mad IN hat had hoov, "A
without any necessity. it served at the same time
to create prejudice gainst the fallen cabinet a.
u they bad been guilty OF concealment and an at
tempt at Misrepresentation st E.d
There 10 no reason, however, to believe that any
thing of the sort had taken place, the demand Of
the Sultan having probably been made at the sug.
gestion Of the parties to the intrigue, who knew
that the ministers would feel bound, from the
general state of the finances, to decline compliance
with 1t. How far the plot may yet be successful
remains to be seen. From the predominant, al
though secret, influence of Russia and Austria by
the universal of bribes there be little doubt
that II would have becfi triumphantly carried out
but for the interference of the French ambassador
On behalf of the holders of the stock in Paris this
parsonage at once protested against the evasion
that was being prncticed and insisted either that
the loan should be ratified forthwith, or that the
deposit already paid should be returned with full
damages to all the parties who had purchased the
stock at premium. His course, it is said, has
been fully approved BY the Frencbgovern,nent;
little prospect of escape for the Sultan. In fact; 1t
has been reported that after or two fresh efforts
to avoid the demand, compliance was at last found
necessary, and that the ratification has consequent
ly already taken place. This statement, he wever
Ia supposed to be premature, and hence much anx-
iey will be felt for the arrival Of the next packet
which is to bring full intelligence from the French
minister at Constantnople Of the result OF his ne
gotiations. ...,spsas aeJ
If the ratification ia actually obtained the anger
of Russia and Austria, who have not forgotten
their old spite regarding the sheltered Hungarians,
will be intense. On the part of Austria, moreover,
this feeling will be quickened by the annoyance
she feels at the confidence with which the loan was
originally received, while her own recent loan =,
even with all the influence of the Rothschilds to
back it, has already fallen like the previous one,
to discount from which there s no prospect of its
rising. }'E .# 49,. -.
The political aspects Of the case are rema ka ble
inasInuch it places France as a competng DO er
against Austria In Turkey, as che is already in
Italy,. The moot bitter jealousy will Gsise from
this, ana mo. "a can be little doubt that France
would improve the opportunity, ..ccccrrt that just
now it would initiate against the Presidents de.
claration that " the empire means peace" In
fact, this last consideration may yet lead to some
compromise, since, IT Austria and Russia could be
Modified, till the period Of the coronation. by the
;rifce Of the scrip holders on the Paris Bourse,
it would be by no means certain that they might
not be thrown over even at the clcvnth hour
They will, therefore, have every reason TO rejoice
when their position has been placed beyond doubt
The amount of the scrip held in the London
market $4,000 900; but, as far as the protection
OF English interests is concerned, no steps appear
to have been taken by our Minister at CONSTANT
nople. Indeed, it Is rumored that he has rather
sided with Austria and Russia; although this ia
probably mere Partisan invention, to set off the
services of their own representative. There has
been time for him to receive any instructions
from Lord Malmesbury
THOMAS ia LBoT AND WHIrNEY's CoTroN Gin