The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-08-02
OUR EUROPEAN ooRREspoHpEadx.


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Our Lonsss Corz~ss ou dsnoe.
ALBRMARLB STREET, PIocADnLY.
LONDON, July 10. 1863.
Lstex Continental Nsrs in England to
the Yankses-RerieO of the Eastern Difficulty
-1hs New Cab LaU-Resistancs of the Driuers
-Iheafrieat Bal Masqus--J.Asen-Yo Young Wal
lack IN London, &C., &e.
IL was rumored yesterday on the Paris Change
that Austria had joined England and France with
the object Of arranging the Russo Turkish difficult
Sizes. This soupeon of pacific Information caused q
marked rise In the funds. The Three per Cents
closed at TIT Soc for the end Of the month"; and the
-Four and q Half per Cents at l02f From Constsn-
tinople, July 4. we learn that affairs remain un-
altered. The French Colonel Magnan, wac Ia
now in the Sultans service has left the capital for
Shuma- The Hungarian, Costa has Professionally
been handed over to the Austrians, at Smyrna Go
at 'em, you Yankees. They've no friends.
Thick as ever are the clouds that hang over the
East. The governments both Of France and Eag-
land are both as much ever in the dark, and but
for the press should know nothing Of the present
state Of affairs. That the Muscovitss have entered
the Danubian provinces, and that too in the worst
and most unjustdable spirit Of aggression is now an
sian Conmandcrin Chief to the peaceful Inhabitants
Of the Noldavsn provinces, is every whit as sxraor
binary as the invasion itself-marked throughout
with absurdity, but also with gravity and seeming
sincerity that bespeaks ntease fanati ism. He as
sures them that he comes among them neither with
projects of conquest, any intention OF modifying
their institutions affecting their political cond
ton Heaven save the mark What does he me An?
Is he not like the captain OF bandit troop entering
a mansion, and assuring its master that he and
his followers come on tho most friendly er-
rand, and that they will touch neither person
NOR property, but that, on their departure, they
win pay for their board. We suspect, how
ever, that the Hospodar would much prefer them
to stay at home aad If asked, would tell his guests
that their presence is nightly uncomfortable. The
master OF muskets further tells them, (porhpsdor y
that he comes there for other purpose than that
of rendering an immediate and eicaGious protection
In crave and unforeseen circumstances of the Otto
man government He then proceeds to assure these
simple unsophistcated people, that it is his Imperial
masters wish to maintain peace, and that he will
"avoid aggressive War against Turkey, so long as
his dignity and The Interests OF bis Empire will per-
init him so to do" Did ever eagle poise on power
full wing over its prey, or lion IN his lair glare and
crouch on his victim, that might not utter similar
speech VI course the CZar QlXniLy anu the
interests of his Empire mean simply this that cas-
non shall roar thousands fall blood flow IN torrents
cities be sacked and burnt-and 10, it is done !!
Again, he tells them that the day on which he o.
tains the reparaton which is due TO him, his troops
shall march back within their old territories but.
mind not till then Such is the cons )latory an-
nouncement OF the Imperial butcher And then, to
crown the absUrdty, he thus concludes" Look
TRANQUILITY TO the future Engage with security
"a likely storyD in your agricultural labors and
commercial spe ;ulations! Be obed,ent to the laws
under which you live aud To the established author
ites for by tue faithful discharge OF those duties
you will acquire. the bert claim to the generous
solicitude and powerful protection Of His Majesty,
the Emperor" Really, Nicholas must be virtuous,
high-mnded potentste-far more SO than the world
gives him credit for-and an i'll used prince to boot
But, seriously speaking, Notwithstanding all this
bounce we strongly incline IT, the belief that oil will
end in smoke; and the same conviction begins to
prevail in quarters which till within the last few
days, omened fearfuy Of war. France, Indeed,
would rather court war than otherwise; for French
men see something fearfaly repelsut aud inglorious
in the idea OF reign without battle or bloodshed,
and the hero of the December massacres
would think nothing Of the cost Of twenty
or thirty thousand mems lives; but Rus
sa has abundant overwhelming reasons OF various
kinds for not proceeding - extremities and to these
we ascribe the vast expenditure Of ink and paper in
writing msuifestos and procamations. We look
therefore, to the motives of prudence for the solu
tcn of the present difficulty; and though the ne VS.
OF M. D'Orzerofrs mission to Constantinople turns
the present at least will be amcsbly settled, although
the late emetste Of the Austr,ans at Smyrna, may,
perhaps, throw some little difficulties in the way.
We especially glad, too, here to notice the noble
conduct Of the Amer IAN captain in protecting the
poor Hungarian, Costa. against the Austrian spy
police. II is conduct worthy of great nation, and
speaks volumes for their spirited love OF indepen-
dence, wherever it may be found. The last news we
have to communicate Is the report on the Paris
Bourse, that Austria has joined cause with England
and France to effect settlement Of the dispute be-
tween the Gar and the Sultan. What next? We
don't believe q word OF it.
The measure just introduced by the Lord Chan
celor with regard to convict transportation ID one
that requires serious consideration ere it be allowed
to pass into law. Transportation, indeed has who'll
ly failed in either penal or ref,rmatory sense and
besides, as at present conducted, it infcts such
serious evils on colonies that we may well pause
before allowing its continuance on however small
SCALE His Iordship, on the woosack, however, seems
but imperectly to estimate the evils resulting from
the system-for he boldly avows his intention Of still
sending convcts to Australia to the terrific amount
of about 900 annual -with this slight differ
ence, that instead Of sending them to New South
Wales or Van D,emans land, he proposes to polluto
with their presence the colony of Western Australia
that cursed with them before. 1t requires
little sagacty, however, to perceive that it Is moth
ing less than an absurdity and mockery to talk Of
putting on end to transportation to Australia, so
long they are allowed on any single part OF that
great tract Of country. If transportation to Van
Diemans land has heretofore proved to be virtually
ana IN eject Trans por tatloH W New oousn aicS VI
Australia or Victoria, every portion of viii n
has been blighted and cursed with felon
invasion that has known no end, how can
it be otherwise, when Western Australia shall
become a depository of British backguardism2
Yes, verify, Lords Cranworth and Campbell may
rest assured that instead Of extinguishng the flame
OF discomfort in the old Australian settlement, now
leagued against the system, they will but add fuel
thereto and only tent Id exasperate the indignation
already felt throughout the three colonies In fact
so ar from the conflict ceasing it will be resumed
with vastly increased determination; nor should we
be surprised if it leads to exremities, and quarrel
engendered which will end in the rupture of the tie
that binds the colonies to Great Britain Call this
concession to the feelings OF the Australian colonsts
call this abatement of the evil to its minimum
Why on the contrary 1t Is rather raising it to its
maximum; for, whereas before the pollution was
shot only in the vicinity 50 to speak, Of the colonial
mansion it is deposited in its very heart, within
its principal chambers. Heaven save the colonsts
from such abatement as this