The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-01-28

| The news brought by the Atlantic although
highly important, alters bat little the COM
plexion Of European affairs. The intelligence
that portion OF the combined squadron had
entered the Black Sea follows, as was to be ex-
pected, close upon the official announcement of
the instructions forwarded to it, The fact
nevertheless, created panic upon the Vienna
Bourse, and in London and Paris the funds fell
considerably in consequence OF it.
Decisive as appears at first sight the character
of this intelligence, and Responding is in gene
raj the tone of the French and English press as
regards the chance of a pacific solution Of the
difficulty, there are yet certain features in the
news that have reached us that would appear to
hold out hope that the Gear will not push
matters to extremities. If as had been intimated,
there had been a serious purpose in his threat
| to regard this step on the part of England and
| France as a declaration of war, it is to be pre-
sumed that he would have forwarded previous
| instructions to his representatives in London
and Paris to prepare them for such contin-
| gency. Contrary to expectation, however,
| both the Baron de Brunow and NJ. de Kisseleff
remain at their posts, and the latter is even re-
| ported to have declared that the movements Of
the fleets, as noticed and explained in the circu-
lar of M. Drouyn de lHuys did not appear to
| him to be hostile and that he would wait for
| further instructions from his government.
| This view of the question seems to be
still further confirmed by the arrival
in Paris of the Prince de Chimay, on special
mission from the King of the Belgians to the
| French Emperor. Although the nature ofthe pro-
positions of which he is said to be the bearer has
not transpired, the selection of person of the
| Princes diplomatic talents would seem to indi-
cate that they are of an important character
In the absence of more specific information, it is
of course impossible to speculate on how far the
hopes to which his mission has given rise are
well founded but taken in conjunction with
the fact of the Russian Ambassadors not having
demanded their passports, it would appear as if
there was still disposition on the part of the
Gear to avoid the alternative to which his pride
and obstinacy were fast pushing matters.
That the manifesto of the Danish and Swedish
courts, and the negotiations which are said to
be pending between those Powers and Prussia,
for the maintenance Of the rights of neutral
Powers in case of war, may have contributed
to this pacific tendency in the mind of the EN-
peror, is highly probable. 1t is certain that in
his political combinations he had calculated
either on active aid from those courts, or on such
an ostenslble neutrality as would have been
favorable to his interests. He had some ground
for these expectations, from the assistance
and encouragement afforded by him to the
Danish king during the Schleswig- Holstein
war, and from the well known friendly
disposition of the reigning house of Swe-
| den towards Russia. These governments have,
| however, more wisely consulted the interests
of their people than their personal partislities,
| whilst at the same time they have adopted the
only course which could have contributed to
pacific result. We are surprised to perceive
that different view of the Swedish and Danish
treaty has been taken by portion of the Paris
press. The clause declaring that the CONNER
cial relations of the neutral powers are not to
be affected except in the case of articles contra
baud of war, is considered to be an attempt to
favor Russia, by carrying on her trade for her,
under cover OF Swedish or Danish flag. We
confess that this appears to us to be strain g
plain language to point that q common sense
construction will not admit OF The declara-
in terms more positive or explicit.
Although the facts above noticed appear to |
warrant conclusion favorable to the pacific
view Of the question, they are, in some degree.
counterbalanced by the contents of despatch |
said to have been received from Vienna, in
which, in reply to demand on the part of |
Austria as to whether the Gear would object |
to European protectorate over the Christians
in Turkey the Emperor declared that Russia |
would permit no other power to NEEDLE in the
matter of the Greek church Positive as is the
language of this declaration, it does not ex-
clude all hope of an arrangement, as it is pos
sible to reconcile the differences at issue with
out having recourse to such measure
The circular of M. Drouyn de l'Huys, of which
we published an abstract on Tuesday, will be
found in ertensO in another part of our paper
1t is firm, temperate and statesmanlike docu-
ment, and presents an able expose of the facts
and motives that have led to tn decisive course
Of action resolved upon by the allied govern
ments.
SEWARD AS ADMINISTRATION LEADER.-We
should think that Mr.. Stewards friends
must be tolerably well satisfied with his pre-
sent position. Not content with putting in
Legislature exactly to his taste in this State,
he now assumes to rule at Washington and, SO
far as we can judge, seems to have succeeded
tolerably well. There can be no manner Of
doubt that he was the man who elected Tucker
and defeated Armstrong in the contest for the
Partnership of the Senate; he did it probably to
show the Cabinet his power. This paved the
way for natural alliance between John Van
Buren, and his clique, as the representatives of
the administration in this State, and William II.
Seward; and we can entertain no doubt that
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