New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-06-09
EUROPE.
GREAT BRITAIN.
Affairs ia Onv ersion OF the Bri.
fish Debt-India, Turkey and Russia.

fish Debt-India, Turkey and Russia.
correspondence of The N. Y. Tribune
The general elections in Holland necessated by the
late dissolution Of the StaesGenera completed
and the result has been the retur of majority of II
IN favor Of the aProtestant and ROyalist mRisry
Denmark isby this time inundated with anti govern
mental pamphlets, the most prominent of which are
the Dissolution Of Parliament explained to the Danish
People" by Mr. Grundvg, and one anonymous entitled
The disputed question OF the DANISH succession; or
gshat is to be done By the Poaoers Of Europe" Both
hese pamphlets aim proving that the abolition of the
ancient law of succession demanded by the ministry
and stipulated in the London protocol would turn to the
ruin Of the country by converting it. in the first instance
into province of Hosten, and later into dependency
of Russia.
Thus, it appears the Danish people have at last be-
come aware of what their blind opposition to the de-
mands for independence raised by the duches of Schles
EigHOstein in 1S4S has brought them. They in
sisted upon their countrys permanent union with HOl
stein, for which purpose they made the German
TeyOuton-they in that war; and they have retained
HOlstein But in exchange for that conquest, they
now doomed to lose their country. The Neue Rhen-
isehe Zeg in 4S aud 40 never ceased to warn the Da
nsh Democrats of the ultimate consequences Of their
hostility to the German revolution. 1t distinctly pre-
dcted that Denmark by contributing to disarm rcvou
ton abroad tying itself forever to dynasty which,
as the legitimate of succession had obtained its
sanction and validity through their own consent would
surrender their nationality 60 the bon plksr OF the
Russian The Danish democracy refused TO act upon
their shortsighted folly as the Bohemian Sclayes did,
Who in order to preserve their nationality against the
"Germans rushed TO the destruct of the Vennese
yOlutiOnists their only possible beratOrs from that Ger
man oespotsm which they hated. Is not this grave
lesson which is being received by these two peoples
who allowed themselves to be arrayed in selfdestructye
warfare against the cause of the revolution, by the in
trigues of the counter reyoutiOni
Now that Mr. GadstOne's scheme for the reduction of
the public debt has passed through Parliament and is
rs 1alm
the entire London press seemed highly to approve of
that famous scheme-have all of them become mute at
once Mr. GladstOnes three alternatives for voluntarily
converting the five hundred millions of per cents,
turn out very innocent, that of them has as
vet met with an acceptatiOn worth mentioning
As TO the conversion of the South Sea stock up to
the evening of May 10 only flOO,OO0 out Of the
f10OOOOOO had been converted into new stock. 1t is
general rule that such operations If not effected in the
FIRST weeks lose every day something of the probability
their being carried out at ALL Besides the rate of in
terest is just rising in slow but steady progression It
Is therefore, almost exaggeraOn to suppose that ten
millions OF old paper will be converted into new stock
within the time fixed for that operation But in
this case Mr. Gladstone will have to repay at least
eight millions Of pounds to those holders of South Sea
Funds who unwilling to convert them into his
stock The only fund he has provided for such event
uaity is the public balance at the Bank of England
amounting to about eight nine millions. As this bal
ence however is no excess of income expenditure
but is only lodged in the Bank because the public in
come is paid few months in advance of the time when
1t necessary to expend it, Mr. Gladstone will find him
self at future moment in very heavy financial en-
barrassmen which will produce, at the same time a
most serious disturbance in the monetary transactions of
the Bank and in the money market in general the
so as presumed deficient crop will or less
extensive drain of bullion.
! The charter of the East India Company expires in
1854 Lord John Russell has given notice in the House
Of Commons, that the Government viii be enabled TO
state through Sir Charles Wood their views respecting
tha fuf Of ont he of A
hint has been thrown out in ministerial papers in
support of the already credited public rumO that the
coalition have found the of reducing This CO.
iossa Indian question to almost LiputOn dimensions
The 0Serrer prepares the mind Of the English people
Undergo new diseuchantment "Much less" we read
In that confidential journal Of Aberdeen than is gem
orally supposed viii remain to be done in the or
"ganzation for the Government of our Eastern En-
pre- Much less even than is supposed will have TO
De done by my lords Russell and Aberdeen
The leading features of the proposed change appear
70 consist in two very small items Firstly, the Board
Of Directors will be refreshed" by some additional
members, appointed directly by the Crown, and even
this new blood will be infused sparingly AT first" The
cure OF the old drectora system is thus neant TO be
applied, so that the portion of blood now infused swith
great caution will have ample time TO come 10 stand
ftD before another second Infusion will be proceeded
upon Secondly, the union Of Judge and of Excseman
In and the person. will be put an end To- and
the Judges shall be educated men Does it not seem on
nearing such propositions il were transported
PACK INTO that earliest period Of the mdde-ages when
te feuda lords began to be replaced Judges BY law
ye who were required, at any rate to have knowledge
OF reading and writingf
~ Inc Sir Charles Wood" who, as President of the
Dcaro OF Control will bring forward this sensible piece
reform Is the same timber who under the late Wing
. displayed such eminent capacities of
S mat The Coalition dreadful loss what to
~ ~,sn num- Till they hit upon the idea of making him
o,er 70 India Richard the Third offered kingdom for
SaaS Coalition offers an ass for kingdom In