The Ohio union. [volume] (Ashland, Ohio) 1849-1854, 1854-02-01
roreign Nsws-War in Europe.


The mos, important intelligence is that
the Gear entirely rejects the new Confer
ence at Vienna, attd rehewedly refuses to
recognize European intervention in mat
tiers between Russia aud Turkey, The
French Government, have published an
official statement hat the allied fleets have
been ordered into the Black Sea 10 pre-
vent attacks Of the Russian feet upon the
ships of Turkey. And il is authoritative
ly stated that The same Government has
called upon Austria 10 cooperate with the
western powers in preserving the status
quo in Europe. France is also preparing
to send 10000 troops to Turkey. Louis
Napoleon, in receiving the Ambassadors
Of foreign powers on the LIST of January,
declared that while he hoped to preserve
the peace of Europe, his sympa,hies and
support sh 'uld be given to the Sultan. In
England the excitement against Prince
Albert appears to be more arden, than
ever !; he is charged with betraying the
secrets of The British Cabinet 10 the Rus
sian, Austrian, and German Courts. This
affair will come before Parliament in jan
nary. Al Constantinople there was a
riot threatened in consequence of the Gov.
ernment's mani'es,ing a disposition 10 re-
gard new propositions for negotiations with
favor, and a party Of marines were landed
from the French and English forces 10
preserve the peace Of the city, bul no dis
turbance occurred, and the police Of the
city proved sufficient 10 arrest all who
were disposed to make a row. On the
Danube there are indications Of an early
and active resumption Of hoslilities. From
the seat Of war in Asia there is no trust.
worthy intelligence. though Russian bulle.
tirs report the defeat and death OF Audi
Pasha and Gen. Guion. Sweden and
Denmark have issued a declaration Of their
intention 10 remain neutral in the impend
ing con,est-an intention which will prove
difficult of execution. AT the same time
there is a heavy fall in The British funds,
and a rise 10 the price Of breadstulfs. All
the omens announce the coming on of a
tremendous war. May heaven protect
the Right!
The Courier and Enquirer thus spec
ulales on The certainty of val and its ef-
(ecis on m and Europe generally
The news from Europe is Of deep inter.
est 10 our commercial community. A
decline in the price Of Consols nearly or
quite one per cent during a. single week
and an advance in Flour of three shillings
per barrel in the same brief period, are
such events as occur only al long intervals
and denote The presence of no ordinary
causes. These sudden changes can be
attributed 10 nothing else than The settled
conclusion in The public mind that the
Gar will not accept The last pacific pro
position of the Western Powers, and tina
war is inevitable. The negotiations which
for eight months had been carried on SC
perseveringly and earnestly had at las
reached decisive crisis. The alternative
finally presented England and Fral Gre
If at or balle-was Of The mos, posi- i've
character; and the u~nyielding attitude Of lh,
Gar after ii, Of course could not but have
an unfavorable influence on public seruri
ties. But sill though The fall has been
striking one for so shorla period, the pres
enl state of the %nalional funds is no sucf
as would denote that Europe was OH the
brink Of uni,ersal war. In fact The pres
en-, price of Consols is nearly three pei
cent. higher Than it was at The last of o..
lober; and scarce a hundred years agr
l754) when Consols al the lowest were
1902, there have been but iva ycars--lsi4
and ls46--al which they did moi at some
period sink 10 a lower point than they art
at now
Considering The threatening prospects,
The melancholy probability that in a few
months Europe will be plunged into a wa
The duration or sequel Of which no humal
sagacily can determine, The ~buoyancy o.
the public securities may indeed excite
surprise. The amount Of The securities
funded and unfunded, in the hands of pri
valo individuals, for which the different
governments are liable, is hardly 10 b,
calculated. Millions upon millions are
dependent directly upon the Slate credi
for--al least a material portion Of lheil
means Of subsistence. The richer %classe,
are interested as fund holders, and The
poorer as depositors in the Savings Banks
which, on The Continent, are directly de.
pendent on the government andin England
are intimately interviewer with the inan.
ces Of the Slate. A general wal canno'
occur without imparling a most fearful
shock 10 the whole commercial and fnan,
cial system of Europe and it is the
knowledge Of this fact hat has impelled
the British Cabinet TO persist in its en-.
deavors 10 preserve The peace, even 10 the
very verge Of sacrificing The national
honor. Europe has not before had, for
centuries, a peace of thirty.eight years
duration; and never before has experienced
such a state of commercial development
as that peace has effected. The fruits oil
this long golden season would all be shaken
10 the earth by the actual ouibursl of such
a storm of war as now looms in the hori.
zon' Whatever may have been the cause
Of such a war, or whatever its character
at the commencement, it would, in all
probability, soon become transformed into
that dire(ul deadly war Of opinion - pre-.
dicted alike by Canning and Napoleon.
1t is indeed strange, it is a most exlraor-
binary illustration of the uncertainty Of
the best human calculations, that The very
mnnarrh wbn vaa IooLad unon az ,hn