The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-11-17

mGIe16c1 IN y vSfy C0QM0eI1O1e pIOp06tlOus %
under the present system the export trade Of
~ II certainly declining, and the trade nom
q Countries which are superseding Russian Pro
% IL sugnenting.
nsrs !. no doubt that advantage was taken Of
lelay In the blockade and Of the indireo. chan
Of trade 70 import largo quantities Of Russian
duce, which were sold In this country ct high
90, and ere held under tho impression that
further rise In prices 10 to be anticipated espe-
ly II the government could be induced to adopt
re restrictive measures. The consequence IL that
stoeks Of Russian produce have accumulated,
We believe that the quantity OF Russian tallow
London and Of Russian fax ct Dundee Ia larger
% eng
10 evident that, II the door By which thess sup
% have been imported were now closed, It
ula b Of great advantage TO certain class OF
rsons engaged in this trade, but that advantage
ulA b purchased ct the expense Of the British
Great Stress has been laid upon the RITE Of the
changes, and the public were led to bslievs that,
ing to the state Of the trade, gold vas no wng IN
seF examination Of the facts, We and tnst tnis
tenent ID the reverss Of the truth. The ex
h5ge between London and g. Petersburg Is ct
when the rouble 10 worth $50. Wnen u rises 70
present time IL Is at 36A, and since the COM
6ncement CT the war it has fuctuated from 33A TO
that being the highest point it has attained. Il
however, extremely difficult to draw any inference
ret from this country to Russia; it usually passes
rough Hamburg or Antwerp; but it ia i'm
eeible to discover whether these remistances
3 ON Russian account or not. Gold IL perpe
pidity. Last month, about three millions of bu..
q were received and exported; for not only the
stsalian remittances, but the greater part Of the
kEfornian remittances to Europe come in the first
ese sums escapes all power Of observation: The
{p0rt Of gold from Russia is prohibited, but
herwise, at the present rate Of exchange, it
Guild be more profitable to. send gold from st.
Ftersburg to London than from London to 81.
It il therefore incorrect 10 state that the mea
res adopted SINGS the commencement Of tbs war
I'VE failed to affect the trade Of Russis, and have
oduced o rate Of exchange favorable to the
benny. But it 10 said we might produce Tar
ore decisive effect on the resources of Russia by
ohibiting the import of her produce into this
untry altogether. That 10 q measure which
cald, Of course, be extremely onerous to the
ritish consumer. The fax spiEners OF Scotland and
70 hemp walks Of our maritime towns would be in.
red, while we should leave the trade OF Russia
ecieely what It now is with the rest Of the world.
rises would rise to the consumer here, but they
Guild remain unal.ered to the grower and importer
sewhere; ard the high prices Of tina British market
ould draw to it the tallow and tina fax Of neutral
hates, which would supply their own consumption
On Importation OF the Russian article, superior in
nality and lower 10 price. A maritime blockade is
barrier nterposed far it extends. to stop the
tAde Of the enemy With all countries; but q fiscal
strictfon Of our own would iDict on ourselves the
s q scarcity, and leave to the rest Of the world
Moreover, : restriction Of this nature would be
Sholly imperative against the semi. manufactured
rcle, though Il might exclude the raw material Of
|ur own manufactures. Il would puzzle our csnsu.
y agents TO determine how much Russian tallow
uttered into cask Of stearine from Belgium, or
low many fbres Of Russian hemp could be detected
p halter from Holland. We should have to i'm.
Pcrt the cogdage Of our ships from Hamburg or Am.
lssed from sweden or the ' United ssses
he eects Of the system Of protection would be in
lerted to our prejudice.
NOT can we, on mature reelection, anticipate much
|dvanta4e from the scheme Of bockading neu-
ral ports contiguous to the Russian frontier.
pueh measure would be an act Of war, for on
10 ether ground could neutTals be excluded by the
p1ockade. But, even il the whole coast Of Prussia
Eese closeds the same commodities would find their
way BY railroads and canals to the ports Of Lubbock
= Hamburg, Denmark, and Holland. The only re-
nit would be increased cost Of transport, which
lould tend to augment the prices of these articles
u ever the world, though that increase would not
into the pocket Of the Russian grower but rather
4 the neutral agent.
For tie present, therefore, and speaking chiefly
n eopnerciAl grounds, our conclusion a that
as(Aing can be done to increase the restrictions
imposed on the trade Of Russia, except BY rea-
wing the blockade, especially ia the Ba,k Sea,
ar more Elective than It has hitherto been. Any
,her Of the steps suggested would In our opinion,
b productive CT mere temporary inconvenience to
b n, moreover, extremely doubtful whether sse
French government, which has hitherto sho "a an
extreme reluctance to apply. rigorous restrictive
measures TO commerce, would be party to any
he c<ui tries By which they are enforced, as we'll
y those to which they are applied. II doe5 not
|ollQw however, that regard this state Of things
- pArmsDent, or likely to continue throughout the
~. On the contrary, It arises entirely from
|ended more than any other cause to produce this
,ontest; AID, in spite of the efforts Of the King of
Prussia to proloDg his neutrality, and 70 serve the
interests Of Rosa We trust that TIE time IL not very
distant when the Courts Of Northern Germany will
b led by the force Of events to hold different con-
luct. From the moment that the European frontier
n Russia can be closed by land as well as by sea,
greet progress i'll have been made towards toe ter
ninatfon OF the war; but II, on the contrary, Prus
Nc continues to use her neutrality for the purpose
Of atding Russia in cG,Tstag on this struggle, ii
,ciN btcone question ,olefher such neutroI not
more Justly to b dealt scith as an enemv.
TIE EFFECr OF THE WAR IN PARIS.
Paris Correspondence of the London Globe, Nov. 81
This has been very gloomy cay ut the Bourss,
FOR there was general rumor that bad news had
lxIived from The Crimes, and the little tha: was
pubfsbpd in the M0Hittur rather, added to tha1
1jmin khed TIE impression that had been produced
by the Rus sien accounts In the Nom eur OF yes.
ler6sy IL was announced that it would not appear 20
day unless something should occur to reader 1t
necessary When it old appear, therefore, with So
little from the theatre Of war, the impression on the
publ, mind was that more aud Of an unsatisfactory
nature, had been received. What have reason to
believe, from the information which has been given
10 ne by persons likely to be very well informed is,
hat the dispatches received by the government are
regards the progress OF the siege,
but that the resistance has been mu n more vgo-
rcus and obstinate than was expected, and the loss
on the side Of the allies very great. The FreEc
government hopes to receive, from dag to day, An
account Of the allies having obtained possession
Of the whcls Of the south SIDE aud is hoped proba-
bly, that in publishing this success at the tim,
NJ the returns OF the loss OF the allied armies, the
atisfs too which he result will inspire will be
great that the public will not droop over the sacr
ices by which 1t has been obtained.
This morning, at an early hour, person con
nectsd Nth the government called on a leading
Cepitsltt spd told him not to pay any attention
The rumors that were in ci cu'ation. The Siege
be said, was going on slowly but surely, and the
last dispatches justified hope that In less than
week accounts would arrive Of successful RESULT
The fall 70 day In the per cenfa for cash. Ia