The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-05-21


CoNsFASTNoPLE, April l6, 1853.
Establishment Of Bark of Exchange aud Dis
count at Constantinople- General Monetary
Tyansaotions-FGu Explanation of the Pe''di"g
Negonatioas Bet,ceen the Porte and Russia and
lustrta- Entesasire War Preparations Of the
Russians to Enforce their Den,ands-Insuh to
The Grand Vizier By the Russian Ambassador
The Turkish Fleet too much Occupied to Despatch
Steam Vessel tcith articles for the Crystal Pa
lace as Previously Determined on.
The Ottoman government has established Bank
of Exchange and Discount at the capital which bids
fair to be of much benefit to the government and
country. The exchange on Europe, (London and
Pars) being greatly against this place. lit has dac
tuated from ITO to 1870 piastres to the pound sterling
within the last six months greatly to the injury of
commerce. The Spanish dollar has, within the same
period, varied from % to q pastres in value. All
foreign coins-and there few others in the place
daily varied in yalue-today the shop keeper told
his customer that the 81 worth only "a, and to-
morrow he took it for rs or &c piastres Bills paya
bic in pounds in dollars could scarcely be fixed
and it was quite chance whether the holder re-
ceved for flOO, 100 piastres 1900. The new
bank engages to keep as many bills on London for
sale in the market at 10 pastres to the pound as
coins-dolars, francs, and roubes- have, in con-
sequence, now fixed value. The Sultan has
three currencies: one in pure gold and silver
rather scarce-one In baser metal, and one in paper
The latter is three per cent less in value than the
metal and the fixes the standard Of all three.
Invoices are usually made out in metal currency,
account of the paper money not circulating out OF
the capital.
hau hnau Ypit tad hnr nv
the two missions to the Porte, from Austria and Rus
STA. The former succeeded but partially in its de-
mands, and it was believed that the Porte got well
rid of Count Leiningen. He threatened very ex
tensiyely; and there being foreign ambassador
the spot TO give countenance and support to the Sui
tan's government, it negotiated with him with care
and prudence. The Minister Of Foreign Affairs at this
time, H. s. Fuad E6endi, man Of very superior tai
ents and tact negotiated with the Austrian envoy;
and whatever credit is due to the Porte for the salts
factory manner in which it eased itself Of an ugly
customer, is due to HIM.
Scarcely was the envoy gone than worse and
more formidable foe menaced him, in the person of
Prince Menscikof Ambassador Extraordinary from
the Emperor of Russia, whose demands are vi
ture TO excite the worst alarms of the Porte. 1t is
said that he demands the restoration of the Holy
Places in Syria to the Greeks to the same extent as
they possessed them previous TO the favor shown TO
France that the Patriarch OF the Greek Church
"
Synod of ST Petersburg well as by the Sultan,
and that his office be held during good behavior,
(Which means, you know, for iifeD moreover, that
he shall not be removed without previously consult
ing the wishes Of the Emperor Of Russia; that
strip of land at the frontier Of Crcassa and Turkey
be ceded to Russia, it being essentalor the subuga
ton of the Crcassians and to the prevention OF sue
cess, in the shape OF guns and ammunition being
sent there from Turkey that the treaty OF 1884 be
again renewed and an alliance, offensive and defen-
sive, between the Sultan and the Emperor,
bind them eternally together as friends The chief
object of the extraordinary mission is said to be the
restoration Of the ancient friendship and alliance
which in former years bound the predecessors OF the
Gear and the Sultan and which, ii now renewed,
would cut the latter off from the friendly relations
which have animated him, from the period of his ac-
cesson up to the present time, with the more liberal
and constitutional governments Of Western Europe
The character of the Ottoman government has, for
some ten fifteen years past, been so Liberal and
enlightened that the world would see 1T return,
finally, to long discarded absolute principles with
regret. The newly arrived British and French am
bassadors will doubtless prevent the Sultan at least
from yielding to force, and there is not much cause to
believe that he will forslke his liberal principles
voluntarily.
1t is said that to coerce tie Porte the Emperor of
Russia has placed ali the naval force at Seyastopol
twelve line Lf battle ships Ell 1T iaeS eleven steam
ers six corvettes and some other smaller vessels
and corps darnee, near Odessa and In Bes.arabia,
on the Danube under the orders OF Prince Menschi-
kof So as to effect this with ceraisty, he brought
with him to ConstaAtinople the Vice Admiral of the
one and the General III command OF the other force
bosides large number OF officers Of both services.
The Prince Ambassador commenced negotiations
by insulting the Grand Nizier, on whoa he called
out Of uniform, and by refusing to call upon Fuad
Efend the Miaister OF Foreign Affairs, at all. This
made a very grave impression upon the whole
government and upon tle Sultan, and the mpor
lance, rank and number Of the mission will, no
doubt, have given rise, in Europe and America, to
rumors Of "dire intent on the part Of the Russian
Emperor.
a new paper, published, believe, at this place,
has observe an article about the Crystal Palace OF
New York and remarks with much satisfaction, that
the government OF the United States having heard
that the Sultan had intended sending steamer to the
Exhibition, Congress had appropriated $4,000 for
extending t. them the hospitalite OF the
Union From the nature OF the article, believe,
tie appropriation must have made very agreeable
impression here, but | do lot know whether the
Sutan's steamer will be sent. | mention this, be-
cause, before reaching this place, had heard, in
syria that the war Of Montenegro, and the distur
Dances among the Drises had caused the Sultan to
abandon the plan OF sending steam frgste to the
United States
hope soon TO be in Greece, from which place you
will next hear from me.