The daily union. [volume] (Washington [D.C.]) 1845-1857, 1854-04-08

lPAnls. March 20, 1854.

The bterest enemies OF Napoleon Ill recognise
bold and Initiative spirit in many act Of the political and
financial administration OF his government No act Of his
reign strongly characterized by this spirit than the
radical reform effected by giving to the loan OF $50 mill
lions unanimously voted by The legislative body and sane
toned by the Senate, in view OF the exgencies Of The
eastern war, the form Of a aonal subscription Discard
ing the usual intervention Of powerful capitalists II opens
and rider horizon than public credit has ever be-
fore enjoyed II goes at TO the oil the naon APP
pealing capitalists OF degree from the highest TO
the lowest Its object associate the entire nation In
the approaching struggle. inspires financial opera
ton with onal sentimental links together the inter
of private and public fortune 1t thus the in
sight and the foresight OF the Emperor lie profits win
admirable by his knowledge of the character and con
dtion of his subjects He is that II his Uncle called
English nation OF shopkeepers he may call the French
nation only of sna prope,ors," but Of stockhod
srs His BROTHER M. de Mony, his minister M Fould his
marshal General do Saint Arnaud, and his bankers the
Rothschilds only dabbed largely in the same
funds as their Wallets and their cooks and all the trades
men, lte and large, in the land The fluctuations OF the
Bourse directly interest larger number Of individuals Of
every class than in any other civilized country The ex
ueme division OF landed property in France has made
scarcely greater progress than that OF personal property
the prodgious increase and diffusion of which is OF
the most remarkable signs of the times, This division
has been particularly manifested in respect 10 the pub
lie funds La rente is loager concentrated In the
hands of limited number OF capitalists ellie ses dem
ocracie tsee-t ia in everybodys hands few figures
will suffice to prove this permanent tendency of personal
property well real estate in France TO be subdvded
parceled to admit larger number TO share its
profits and its rsks In lS47 there were only N7 600
renters in 1854 there G6i000, the number having
more than triled Ia 1871 ourths the 2OT 600
renter. were 1854 OF 68 000 than the
half depar So that Ia is every
WHERE The small well the great towns in the hands
Of small as well great capitalists The shrewdness with
which government has taken advantage of this popularity
of Ia rene may be inferred from The following passage in
which Burat OF the Constitutional, distinguishes this
loan from those attempted several epoch under the
of national loans Without doubt. the loan has emf
nently national object Is destined defend
the Independence OF the country and tho civilization
Europe. 1t has character essentially national, mas
much pepls TO all citizens, however moderate their
fortune may be- take part in this grand manifestation
But there this ference between the present loan and the
loans called instead ofnvitng the Subscribers
to sac rfce il profit which is offered Them They
are moi engaged aud buy la ense higher price
than they coaid buy the BourSc. Far from it; it is
delivered them lower price, and the occasion is
Afforded them the time to make good speculation
and to do of PATRIOTISM Sheer, If WILL the
absence the chvaroas high heroic elemen, In such
double appeal The pockets and the patriotism OF the
French you acknowledge that II exactly suited
10 them and the nineteenth century.
More eageess has been shown TO subscribe for the
loan than volunteer for service in the army the navy
or even to buy pamphlets with their becose titles and
the prints carcaturng the Russian displayed in the shop
windows, the maps of the theatre OF the war, and
the songs (eauay me ces for the French language and
the Gar and his Cossacks hawked about in the
Those whose eyes have been wearied by the of
ink with which the Eastern question has inundated jour
nalism will find a pete view OF the negotiations rea-
rive 10 il in the numbers OF the Revue des Deux
Mondes.
The last number OF The Review contains article
by Gusave Beaumont la Russie ct les Flats uns
lie Rapport Economique which will DO with interest
in our country. | translate the opening paragraph;
ssWhile in one day, The other side OF the Atlantic
and developed, under the sole Influence Of the prn
cple sfibertY gteaTpeope, whose maryeens progress
sslonishe the word-at The same Time, the Euror can
continent, another empire also prospers and extends in inn
projection Of the contrary principles absolute power Apart
the question of knowing what IN cseh oil these soce
es-the American society and the Russian socetyis the
condition more or less happy OF lnaivdush u IS certain
thar bob grow necessarily, seem to march with equal
sep, aud were, in emulation OF each oherI the
efforts Of extension 10y conquest or by colonization,
same aspirations, almost Irresistible, OF the
passage OF the Bophuru Of the other towards he ish
of Panama Ia oae and IA the oher immense forests
fvls aud the plough erizesi in bo'h, rich
harve.s who.e productions the world here the
grains OF Odessa aud the mines Siberia there the gold
California and the cottons of New Oleans here
chant navy, Increase of which is pfoGigous.
land army whose increase SEEMS TO know no limit. When
content late the developmenf-if not parallel least
simulta these peoples, whose institutions are
opposite, struck with comparison offered
mindtha 81 the different employ ed by
dsspolism end liberty me foundation OF societies and
empires q ihe,r common processes; Of lie methods ami
peculiar each OF them OF their principles OIL
their dlheent OF similar elects
de Beaumont goes observe that In order 10 Ike
ass facility with which the United States can be Wis.
tied with difficulties la the way visiting Russia IL
win be remembered that he travelled In form er country
In company with de Tocquevlle and prepared with the
suhot Of Democracy in America elaborate report on
:" Le Syssme Pcnitentisre Eais uuis" by the by
Der that NJ de Tocq closed The first part hi,
work democracy by simiar parallel between the two
countries My reader will thank me, perhaps II urn 10
the volume and translate the pas.sgei
Two great nations on the globe in our rne
both. having started from different poiat seem 70
towards the same ends icy the Russians and the An
Plo-Americans
Boih have grown Ia obscud and whilst The attention
fixed elsewhere they have sudde oily plac
themselves IN The first rank oil malone The world
grandeur
Az other nations seem - have reached The bopndsr ~
NAKED by Nanfe but these ttiil growing, Az the
others have ceased march, or are advancing amidst
easy sdes ~ career Of which The limits cannot yet be
discerned
The nainsprng Of acton Of tho !, liberty sorvi.
Their points Of departure differ widely; The path oil
each follows very did New rthele a. each
called By secret decree Of Providence to hold son,
day W her hand ihc dettines Of half ibe world"
10 retufn ~. do Beaumont wi hose familiarity Win
the United Sta i 90 evident render "
for expressly hat he bss been there and sh
Says 81 frankly ,hai have not made the second
journey thc journey TO Russa) 'and thar feel rpysel
very little disposed 70 undertake Il should fail then oil
one Of the points Of compofison did not had undef Il
my hand the ok q Hgushea Gsfman, he Baron
de Haribausen, WIN, IA 1916 and l547 bis Journey
Rossa, ailteult 70 make WE'LL and accom i.hed n
uudef ecnmslaaces exceptionally favorable ,uoh a. r.
persons can hope 10 enjoy The work of NJ de Hax
hau,en il entitled "Eudes lr suup,ou iat eue " Vic
naopse etss lnIimtons Raraes DE- "a Russe The re.