The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1854-04-12
TIIE FOREIGN INEWS.

"Wednesday MoREING. APRIL ia 1874.
TIE FOREIGN NEWS.
One Of the most interesting. features in the
last adviccs, is the statement which we have
already published, Of the effect produced IN
France by the revelation of the correspon.
dence between the Gar and the British Ca
bine,, relative to the ACKNOWLEDGMENT OF .he
Ottoman dorniuions. The Monifetr PUNISH
es an article, in which, though not very ex-
plicitlv expressed, Il seeks to convey the idea
that the gay Iothario of Russia, after in vain
attempting to corrupt the immaculate chasti-
ty of England, made the most indicate pre-
posals to the spotless virgin of France. 1t is
scarcely necessary to say that the pure and
innocent government of Louis Napoleon re-
coiled with horror from the audacious over
lures, and rejected them in a transport of in
dignant virtue. "As to the government OF
the Emperor Napoleon" says the Montfe"f,
there is.but one observation to make upon the
studied endeavor of Russia to leave 1t out OF
the question in her plans OF continental moai-
fication, which is, that Russia came back to
the French government after having failed in
London. and that France in her turn had to
decline advances, more or less Direct which
are not without resemblance to those which
were made to England"
The London Times alleges that the induce
ment held out to France, was the incorpora-
ton with the latter of large portion of Prus-
STA, but as ii is the interest of the allies to com
init Prussia to their cause, the statement of.
the Times may admit of doubt. At all events
there is no written proof of the proposal, for
the propositions are said to have been made
in conversation. With all their ostentations
of superior holiness we must be pardoned for
doubling whether either the English or
French governments have any principles but
their policy. 1t seems that the English cor
respondence is not yet done with, and that,
in fact, we have not yet come to the cream of
it, for, according to the last dispatches from
St. Petersburg, the Gear, emulating the delica-
cy which the English government has mani
tested in the publication of his correspon7
dence, intends to give the world some private
letters from Prince Albert.
Another great point of interest by the last
arrival, is that the position of Prussia and
Austria, awakens new anxiety in France and
England. Austria preserves an ominous 81
lence; a new loan is proposed to the Prussian
Chambers; negotiations are still pending be-
tween these powers and Russia.
The prospect of large and bloody war, in
stead of short and decisive one, is beginning
to open upon the reluctant eyes of the Yves
tern government Anew York contempora-
ry remarks that the simultaneous fall in the
funds, cotton and breadstufs, indicate less
confidence in the result of the contest, than
has hitherto been felt in England. There has
been also check in the voluntary subscrip-
tions in France. The failure of Monteaux Il
Co, among the principal dealers in foreign
exchange, in London and Paris, is noticed
by another New York journal as an ominous
symptom Of what is to come.
The equipment of the French feet does not
proceed as rapidly as that of the English
The Baltic squadron is collecting at Brest but
seamen are scarce.
SOUTHERN COMMERCIAL CONVEN-
TON
The N. Y. Herald has long article sensi.
BILE in its views and friendly in its tone upon
the subject of the approaching Convention
in Charleston. 1t thinks that the objects
sought for by the South in its commercial
conventions are reasonable and practicable
and with proper action may be accomplish
ed. Even if nothing has been effected b,
the Conventions already held, the Herald re
marks that their continuance shows that
A deep feeling has been aroused, and as a con
slant dropping wears away a stone, so con
slant action, with any one view, promises
more or less success.
The Herald also observes that "A South
ern continental depot of cotton is great de
sideratum. The cotton planter is now sub
ijected to perplexities that are almost dishear
tenng, placing this staple production under
laws which greatly check its progress The
cargo has to undergo half a dozen shipments
before it arrives at the market and when the
returns Of the sale reach the planter, they are
nearly balanced by costs and fees There
are middle men, middle warehouses, middle
commissions, middle assurances to paw, be
sides freight, depressing, re,shipping, rand
other items too numerous to mention A di
rect expectation by the planter from South
ern port, would not only be great saving
to him, but do away with present trouble and
risk"
But to establish this depot the internal re.
sources of the South must be developed.-
Railroads must offer the planter superior ia
cilities for transporting to this depot, and ex.
tensively cultivated districts must support
the railroads. Thus we see that the yarious
elements of Irrational prosperity constitute one
grand machine, each part depending upon
the other, and talsus IN umo talsus az oDani.
bus. The exporting city gives rise to the
line of steamers-both depend upon the rail
road-that in turn upon the city-all these
upon agriculture and manufactures-aua tbe
latter bring with them, as necessary appen
dages. institutions of learning and the art,
of peace.