The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-03-15

Of both Russia and Turkey. The
natural struggle of Europe broke outin 1851,
1880, and lS4s. Actustsd y an id nifty Of in
terests and hereditary associations, the different
governments assisted each other 20 quell the
revolutionary outire aks that occurred in that
year, and matters have again resumed their
ordinary course. 1t is only temporary truce,
however, letv zen democracy and despotism--
truce that any embarras ing complication of
events wild at once put an end to.
In adv ancing as pretext for Intervention in
the ah' -irs of Turkey, the visionary political
necessity termed the " balance of power" the
Euro ,pean governments only seek to cloak their
req objects. There is no such thing as the
: balance of power !" it is nonentity, o snare
and delusion--in fact, convertible term for
the I" monopoly Of power" 1t is, in other words
merely an attempt to impart the colorng Of
international law and moral right to an effort
to repress the struggles of great original prin-
ciple, which is inherent in the nature Of man,
and which is ever bearing him forward in the
march Of Improvement The balance Of power
means, literally the letters by which the revo-
lutonary principle has been chained down for
nearly half century, and prevented from
sweeping away thrones and dynasties in the
natural progress of civilization.
1t is a curious feature in the political history
of our times to find this same pretence put
forth by the Fictitious governments of England
and France as justification for their interview
ton in the affairs of the New World. They
hope by its means to be able to stem the tor
rent Of events which is fast hurrying the people
Of this continent towards the great destiny
that is marked out for them. The secret treaty
to secure Cuba to the despOtism of Spain, in de-
tiance Of the policy and interests Of this country,
is Of precisely similar character to the at
tempt to prevent the refow Of Greek Chris
tanity into the old seats Of civilization. If the
government at Washington, however, will only
at once assume the initiative in this Cuban
question, and take their stand upon high and
national principles we shall have nothing to
apprehend from the threatened interference of
the maritime powers We hold in our grasp
the iberating influences which would let loose
the pent up forces OF revolution that now lie
foaming and seething beneath the apparently
calm surface Of European society. The sus-
pension of our commercial intercourse with
England and France, and the stoppage of our
exports Of breadstuffs, cotton, and tobacco,
would in six months lead to popular explosions
in both these countries, and scatter to the winds
the political schemes by which they hope to give
duration to their alliance. Where would then
be the balance of power, or even the power to
balance? No; the true policy OF the European
governments is to leave Russia to work out its
destinies in Asia, and the people of the United
States to fulfil theirs upon the American con-
tinent. If they attempt either, OF both, it will
end in a terrible revolutionary explosion over
all central and western Europe, throwing up a
new world and a new society there.
Our Relations with Vcnexucla-Thc MOnngas
Administration.
We have received an interesting letter
from our correspondent in Puerto Cabello,
giving an account of the present condi-
ton of Venezuela. The rule Of the brothers
Monagas, which commenced its career with
the bloody scene enacted in the House of
Representatives on the oath January, lS4S,
when the members were fired upon and some of
them butchered in the House, at the time when
an inquiry had been instituted into the conduct
of the President, Gen. Jose Tadeo Monagas,
seems at last to be drawing to close. His
brother and successor in Office, Jose Gregorio
Monagas is surrounded with difficulties of every
knd-the former supporters Of his family dis
united, his troops unpaid, the name of Monagas
rendered odious by repeated acts of rapine and
violence, and last, though not least, financial
difficulties which surround and press upon the
government. 1t appears that the actual Presi-
dent has already proposed as his successor his
brother, Jose Tadeo Monagas, who is either to
be the next candidate for whose benefit the
farce Of an election is to be gone through, or
who is to be proclaimed dictator, or supreme
ruler under some other name. In this state of
things we really will not venture to gainsay the
opinion expressed in the following article
which we copy from the London Times Of the
18th February last, that there is no hope but
in the possibility of some new revolution"
Here is the article alluded to, which we copy
for the information of our readers -
Recent advices from Venezuela give an extraordinary
picture Of the dcpavty Of the in every part
Of its financial administration, and plainly show that
there is hope for the bondholdcrs but in the posi-
bility Of revolution. The ministerial Offices
filed by the lowest class of adventures which
Spanish American republic il capable Of furnish.
ing and while the country possesses capabilities for
nexhaustibe revenue, the receipts are squandered
and anticipated by advances from money lenders whose
terms such might be expected from the allegation
that the President and his creatures In partnership
with them Under these circumstances every reference
TO the claims of the English creditors is met by the com
answer that the application for payment is felt
intended outrage the honorable sensibies of the
country, while at the tme the public organ of the
openly denounces those who would entertain
the idea of sending to England in the shape of dividends
any portion of the circulating medium, persons Who
from Of patriotism deserve 10 be ranked only among
criminals. .t is to be regretted observes writer
hat these facts not sufficiently known in Europe
more especially as the government have recently sent
cnssarcs there to cndeavor to raise money any price
To accomplish this II appears they to offer to farm
the revenues to company or to pledge portion Of Gut
ana TO the French oveinnent, il they win guarantee
loan Meanwhile, it imagined some benefit might be