The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-12-12

VIENNA Monday, Nov. %, 1853
The reports N the have crossed the Danube
all unfounded. The Turks fol tilted at Kalefat
"a 600 strong There ID cessation Of active hostilities
but srnistice.
1t is credby reported that . serious conflict has taken
place between the Servians and the Turks Ushtza
on the trvo Bosnian frontier The Turks were repused
The loss Of both parties Is estimated ct 500 men.
Important Financial Intelligence.
FINANCIAL ASPECT OF THE WAR QUESTION IN ENG
LAND-LARaE GotD sn!PAENT TO RUSSIA.
The Turks have thus far defeated the Russian army in
the Principates. Yet Russia triumphs Gold Is the
true snsw Of and the Gar has received no less
than f720 900 Of Brsh gold in week. This is how
England Ii made to appear the ally of tyranny while she
prom Uses to nations struggling for independent
fact that isrss shipments Of gold had been made to
foreign countries Of which the people Of this country
knew nothing whatever and now that public attention
has been directed to the fact informed that
Of gold ent to St. Petersburg in the early
part Of last week. This treasure, wish the f4oo that
followed it on Saturday not SEPT BY the usual route
but by way OF Rotterdam and Hamburg. Mystery Was
evidently the object fer varying the line Of transit II
the large amount Of 1000 ounces of gold shipped
still larger amount may have gone before It, and With
IT: a , Il: for
fact that there certain foreign mercantile houses
quite unknown In the leading commercial circles, but
which supposed to be with foreign govern
mens, that had become large shippers of bullion fron
this country These having done all they could
be- csn to %
IS 600 600 to be brought forward immediately tap
pears however that it woul not do to bring 1t openly
before the Brsh public at this moment therefore, 1t Is
arranged that Messrs Hope, Of erdam In conjunction
with The Russian court bar kers .ssrs Stegz and Co
st. P.tsssurg arc to undertake It With the view Of
certain that lending money to Russia under existing cir
cumsances is not treason and therefore udictabs
offence 1t is true that England has not declared
against Russia but Turkey has declared formally;
and the British feet is said to be in the Black Sea sup
port the Turks in their war with Russia
There Is here very nice distinction between and
no war; As far as our ministry are concerned they have
enc and all vainly declared that they would support
is going on and how is the pledge fulfilled Simply
by allowing Russia to draw her supplies fron this
try under the plea that no actusl declaration Of
against the Gar has taken place Now II the ndepen-
dence Of the Ottoman Empire is matter Of national i'm
porarce to England who is to compensate this country
for the that has just been conferred the enemy
loan Of 900 added to the fs0O 600 just trans
nted 10 st Petersburg, viii enable the Russian despot
to send of 600 men into the Turkish Provinces
and this h0w England to support the Of
the Sultn Why there degree of moral turptuds hang
ing about this whole affair thai must make every honest
open declaration of would have rendered the ship
en Of gold to Russia npo sibe and by thus cutting of
her war supplies, Russia might have been PEELED to
accept term which she will now treat with scoIn.
It is we'll known that at time tho Enperer Nicho
las held large amount Of Engh stock for the express
purpose of having the power OF causing
our money market by throwing large amounts on the
market just 1t might suit the pshmsnt Of his
views. And told that the gold which has
deposited the Banl Of by the Russ an govern
ment and have noticed large sales Of stock
tie Gar has been trying the effect likely produced
by his financial operations at moment when EDghni
quhes Ia &c supply Of gold for her ewn purposes
had been openly declared however, the willy Ncho-
las might have depressed our money market, but he
could scarcely have succeeded in getting large
amount Of treasure out Of this country
On r No O+iv
which has induced this journal to search diligently into
the bullion movements Of the last few weeks We have
all along had to believe that Russia and Austria
were drawing off large amounts Of our bullion but we
unable arrive ut the fact by any other than
directing the attention o. the public to the subject With
regard to the loan project which has been guardedy
announced by London contemporaries, there be
but one opinion. II it be not illegal to lend money to
Russia while che is shedding the blood and attempting
the Of allies 1t ought to be at once declared
illegal An order In Council ought to be issued instantly
declaring the transfer Of all Russian stock dated after
the LIST July 1863 illegal in the United King DOM In ad
dtou to rendering the transfer Of stocks dated subse
quently to the invasion Of the Danubian States illegal
let heavy penalty be inflicted all persons acting
in procuring money for Russia any other forsign
country holding the position she does towards England
and Ministry may redeem their character for consist
eney, ard save the nation from years of boodshsd and
waste Of treasure.
Meanwhile, as We bave discovered that the Car has
taken away more msney In week than emgation and
tbs arts and sciences would absorb in month, shall
look with increased vgian to the OF bullion
long the Russians continue the invasion of the terri
OF our aJly-tn0 sultan. The movements OF the
precious metals abroad Is also another important subject
for investigation, find by the received
yesterday from Vienna, that $500 zoe in gold had been
and fleo 600 by private 6rm, This Is how Austria OBJ
strict neutrality Tos is how she would employ
loan If she could raise 1t in England We we already
predicted this perfectly natural sequence and
come measures be promptly taken to stop the pot
cal BY which Russia Is to be enabled to
phi her DE-, the sooner costly naval
tthdrawn from the Turkish seas the sooner we shah
ircw tho end Of our mock war expenditure, and the
higher moral and political character q nation wi
stand in the eyes of Europe.
REACTION IN THE ENGLISH MONEY MARKEr-rHE
RUSSIAN MOVEMENT.
From the Manchester Guardian Nov. 30
The tendency which the money mari ct has shown,
curing the last few weeks 10 from the Of de-
preston and tghtness under which IL suffered month
aeothe increasing abundance Of money and the easier
terms on which accommodation could be obtained, and
the tteady and rather rapid advance In the price Of
soils from o. at the lowest until they touched 96havs
all received check. All 81 onss when apparently sast
pected towards the close Of last great scarcity
Of money was experienced In Lombard street The dis
count houfes who, bat week before had been refusing
to take money on call" except Mt much lever rates
and Indifferent as to taking at ALL Obliged
resort to The Stock Exchange well TO the bank to
sau day the price Of oonsos fell nearly per cent
While railway and other securities much depressss
In eDdeavorIg to ascertain the Of unexpected
reaction we are led to the cone sion THAT there is
than circumstance occurring at the time to
which it may be referred but rather Of temporary than
permanent character.
In the 6rst place. there has been very extensive oper
alton on tn part cf the Russian government 1t may be
remembered at for many years prior to 1916 the Rus
sar government kept in the hands OF emnsnt COM
cial 6im in LONDON who acted as It's agent sun
amounting to f500 COO. About that time the house
hrred to stopped payment, when a very large amoupt
was due to their Russsn t. At that time
the Ru sian government transferred Its account to the
81 kk Of England, where 1t has since been kept In
l837 ct moment when there great pressure the
opey msrset both in London and Paris, the Emperor
Of Russia took the opportunity Of investing most fs
vorable erns the better part of million sterling In
English French securities In l848 shortly after the
oution the French securities solo, but the Eng
h securities held till last week These consisted Of
exchequer bills in the possession Of the Bank, to the
amount Of fG000 and Of Consols In the Of their
agent to further considerable We have rea-
know that during the last ten days, all of
have been cold II is not business TO inquire what
the motive Of the Guar may BE- In taking this step;
r0r whatever IT may n docs II u any wN Affect the