Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1853-11-24
TURKEY.
The Financial Project, OF the New Turkish Mlal>try

The rinanslsi Project, OF the New Turkish Mlalstry
Special Correspondence Of tie Paris Journal es D-ba's,
rTRA TuesJav, Oct. Is, 1858.
The 6n,nciii question Il still ths asborbiag subject
that occupies the Sultsns Ministers and the appointment
OF S,iat Pachs convey the idea that the desire
Of the Divan i adopt important me ,surrs relative IL
financial once, and Ia bring itself In closer
tact with Elope, from which IL had unluckiy broken oil
ever since the Loan si'''r.
Everybody seem, to agree in the opinion that, consd
ering the critical situation Of the Empire at the presen,
moment the sn necessity ITO have able at the
heat of administration wciehIy the Department
of Finance aud that this necessity alone which has
borne Siiaiy racha into power The appointment has
been OF the that which restored Re>ch III
rarha toi his position. powerful than
all the lc,ions which separate the political Of this
country. have again hrough these upon the stage
action where they both had displayed talents superior to
those Of their rivals Hcrce Is that Saa;y Pacha
turns power the capable of administering the
finances AMI making head against the necessities of tho
present. Ills task will be severe as the requirements OF
his department very pressing and it, ni
ted For time past. the Ministry has been hesa
ting between three methods OF raising money, viz new
issue of Gaines paper money! the coinage of besc!ck
base pieces Of piastrcs Ike those put circulation
by Sultan Mahnoud, after the war OF 1899; recourse
to foreign credit Hence ii to carry the views that
to have been adopted, tia; they have appealed q
the hrmness OF Saaiy Pschi.
Tue project referred foreign loan, which will be
ncoatesbly the best should IL prove practicable The
Gaines which culate only in the capital and its cnvi-
rons. b. thought Of at this time there il
Rank OF Constantinopc thu, conll sustain it, currency;
country A. the bsschcE there first be supply OF
the metals be used in coming IT. and then the Dvan
not forget that tits species of coin publicly
broken and that solemn promise made u the
people, only that OF it should bc stuc
that what already in circulation should be withda~n
in consequence OF the uuiScrs complaint it occasoncd
Evidently fresh OMISSION OF the base coin would
amount TO conissiug that the Government was rcduccd
to extremity.
There then, remains the loan in regard To which the
Turk. the yelcst hopesand these hopes they
will en!clvor 10 reel,1e. To accomplish this j.
in better posiion-thit il, acceptable Europe
than Salty PIchL lei 10 his frs; administration that.
the Turks everything that done FOE the establish.
o something Ike pubic credit; il he who found.
ell h. Bank at CunStantinople which longer exists
but which rendered such valuable service it lac who
attempted give the Empire Iowa. money; he who sought
g.t the bcsek currency and caused those
coins be- broken up. For tlcsc reasons il i hoped
he better than any other will understand how deal
With the European capitalists VIII he succeed: il u
question cannot take upon myself 10 answer.
The mass Of the peop'e still IN ,niir> the ario-
There are. however, some, who have little enough conf
dence in the issue OF the impending AMI in proof
this, may cite aneeloie which, besides being anthem
tie l. too thoroughly mpreCnste with the Oriental per
iGmc to be passed over in silence Some days drago
attached 10 of the European EinbaS-icS having
gone thr Porte I'LL certain duties oil his oil e. was
requested 10y the Pacha whom his business called him
To wsi; e~ moments in the saoou; the Pacha was, just
then, gwen audience II other persons The drscOmau
seated himself on s,a and overheard conversation be-
tween the Turks who in the apartment the
topic the anticipated war; somc iu oil hope the
opinion, repeated the following parable There was in
other days Pacha who had undertaken make clever
fellow OF rascal Armenian who requ,si the old
gnol will by playing him all oi tricks. -. day
when the rogue had been guilty of grave offence
the Pacha said to hinG 1t i high punish
VOL, but, a, still anxious be lnrnt with vou
will leave tie choice OF YOUR punishment yourself YOU
shall either ssioS three ocss about eight pound>l
onions Tor breakfast shall receive hundred
blows the Soles oi feet pay loo 900 plasters
After moments reflection the Armenian chose
l th- onions The first ock down. but his
stomach refused the second ami the patient was
take hundred blows Of the bastnSdo This time. the
first bnws but grew weak and when he had
reached the fieh iniction of the suck, begged for
cv and promised pay the pas,rrs, which he finally did.
/ We'll, are like the Armenian, We At the
onions; >hil soJn receive the blows and shall flush of
hy piyng" have this ,necote from excellent source
AMI - not doubt it, Authenticity; but, must add that
t di-couragng story teller il ut very
ceponS the general mass who sincerely believe in the
success o: the war aud doing their best prepare
/ for it.
Coustantnoplc, in the WHILE enjoys the per
feet can aud the Frank Christians Iyahs live ia
pete -ecuTity. Far from feeling ueIsiness the lat
TER laugh the which circulating in Europe
These formed the topic OF conversation yesterday at
very bri4n: ball given Therapil il the house
of III, richest bankers OF the country During the whole
night eaqucs conveying ladies the ball taking them
TO their homes passed and fro without the slightest
casineSs between vessels OF manned w thousands
those Turks who represented being nfamed with
the hercsst uatc,sm against all the Christians and as
ready Levour Olcc for all, such stories mer,
fables