Grass Valley telegraph., 1854-06-08
Political Panorama.

Z
Under this title the London Spectator re-
views the several European Powers, their po-
stion and resources at the present moment
England, of course, making a magnificent fig
ure in the show-with America in her train.
We give it to our readers as the most brief,
concise and complete statement of the mat
ter as it now stands, which we have been able
to obtain. We trust it will receive the care
full reading it merits.
cat the commencement Of war which at
present actively engages only the powers Of
the extreme West and the extreme East Of
Europe, North and South, but which will
most likely involve the whole Continent, it
is not uninteresting to survey the field, as
means of calculating the probable leaning of
the intermediate powers.
TURKEY.-Now the center of action around
which the great European states are fighting.
VariouSly represented to be decayed and re-
yiving certainly exhibiting degree of en-
ergy unexpected; the tribes of the scattered
provinces rally to the standard Of the Sultan
with unexpected fidelity; and the statesmen
of the Porte exhibit capacity for interna-
tional cooperation greater than that of their
adversary while in the recent completion of
a loan of :e2.200.000 Turkey has established
herself as amongst the States with credit for
solvency. At war with Russia in offensive
Jafarsix,a alliance r.;+I, Erorao orJ
land teased by Greece observed by Aus
trla comforted by the sympathes of Italy.
RUssIA.-At war with Turkey and by con-
sequence with France and England striving
hitherto in vain, to obtain the subservient
neutrality ef Austria and apparently ma
king some progress in that direction with
Prussia recently compelled to recognize the
neutrality of Sweden, and even Of Denmark
whose Government had attempted to alter
the succession in favor of the Russian heir
ship. The internal condition Of Russia is
concealed by the systematic mystery which
her Government keeps up, aided by the igno-
rance of a population of 66,000,000, scatter
ed over the largest empire in the world. AL
though the Autocrat boasts of being able to
bring three millions Of soldiers into the field.
several shftngs Of order for Poland and 9th
er frontier provinces appear to indicate that
already he has some difficulty in keeping
guard all round. His feet in the Euxine
does not appear able to maintain itself against
the combined French and English feet his
feet of twenty-seven sail of the line in the
Baltic divided at tls stations of Revel, Hell
singfors, and Cronsdat, awaits the approach
of Sir Charles Napier, The Government
boasts Of having store of bullion in the cit
adel Of St. Petersburgh; but the declining
credit of Of its paper throws doubt upon the
assertion.
AUsrR1A-The Government at Vienna has
recorded its approval of the principles sus-
tanned by the Western Powers, but claims to
exercise its discretion in pursuing for the pre-
sent more passive policy promising, how
ever, to occupy the Turkish provinces against
Russian invasion has great army of obser-
vation on the Turkish frontier; is suspected
of ultimately reverting, by sympathy or ne
cessity, to the Russian alliance, Embarras-
sed by the doubtful allegiance of her depen-
denotes, Hungary and Northern Italy. Still
more embarrassed in finance; the recent re-
linquishments Of right to issue state paper
money in favor of the bank, with mortgage
of the customs-receipts, not having suficed to
restore Austrian credit, or to prevent the
enormous distrust which exhibits itself in the
premium upon bullion-silver 81 per cent,
gold IL.
FAUssIA-Endeavoring to trim between the
west and Russia refusing alliance, and stan
ding upon neutrality. Has recently sent
special envoy to St, Petersburg to persuade
the Emperor to withdraw from the Prlnci.
palities, as means of avoiding war! Is of.
fering for the lead of Germany, on local
grounds; and Is wavering under the admin
istratlon of viclllating King, who knocked
his head against the tree in garden.walk
the other night, Of o liberal government
growing mlstrusted and unpopular, and Of a
re.actionsry helr.presumptiye.