Republican vindicator. [volume] (Staunton, Va.) 1849-1857, 1855-11-03
From france.

AXIS OCT. IL, looo.-- GU VIII see
confirmed in the advces by this steamer,
what predicted from the first after the
capture o. the MaIakolf,, that the Russi-
ais would make stahd and defend the
north side. This quarter of the city was
originally avoided as being The stronger OF
the two. do not and did not from any
opinion from.m individual and very I'M.
perfect knowledge Of the forresses, or tho
state of the armies, but from high military
sourses, and which was confirmed BY the
English officers returning from the Cr,-
mea.
1t is generorally admitted that the Rus
sian force in the Crimea is from 100, 900 to
ITO, 900 men, of " hich not less than 100,-
600 are at or near Sebastopol, and the re-
mainder act as garrisons at important
points.
1t was great mistake Of the London
press in thei. joy at the capture ofthe Nal
akof, to think the Allies could dictate The
terms o. feaee and make Russia pay the
expenses ofthe war. They spoke of Rus
STA as if that mighty Empire was like NJ
pies, Greece, or some other small State.
still continue Of the opinion that great
battle will very soon be fought in the Co.
inca. The God O.! Battles only knows how
it will be decided but the chances arc de-
cidedly in favor of the Allies, who have
always proved themselves more than IL
match tor the Russians in the field. II it
results in their favor it will make no change
& regards the prospects OF duration of the.
war, but If it results as a great victory in.
favor OF the Russians, the toesin will be
sounded IN every quarter, all Europe will
be in movement, and you may anticipate
TIE most frighttus eyt MS and changes.
Vast quantities OF all kinds of warlke,
material continue 10 be sent forward both,
from France and England. STAGE the caps
ture OF the Malakof, large bodies OF tive
foreign recruits have beea sen, by England
to the Crimea, IAN En- gllsh officer told me
$4,000 or 10000. } and about 10000 troops
lave also gone from France. Besides
these the division Gen. De Chase Loup
Laubut aud another division, together
about " 900. are under orders to embark
and will leave. Toulon and Nalsilles in ten
OF fifteen days. besides 1000 men ordered
down to these ports from Lyons, making
together nearly 80, 900 men; all of whom
VIII be afloat and OF the way to the Cri-
mea before The first OF November, The
division Of General De Chase Loup i.au.
but, $4,000 men, including regimen. OF
of Ghassuers is probably rs splendid, weii
disciplined, and brave a body Of Troops as.
treads the earth, and such they will prove
themselves i'll the day of battle.
Besides the a1ove, the Sardiuians have
sent 7,o00 n1ore troops in addison 10 their
original contingent OF $4,000. OF these
two divisions about Il. 900 only remain un.
der aims.
The cavalry force is TO be strongly re,n4=
forced, and hence the heavy new supply OF
horses going forward, as the waste oil wac
has reduced the French mounted force to
about 4. 600 sabres, which is much too
small ii they ate to haye extensive field
lighting.
Orders have been issued to discharge
from the transport services large number
oil the most extensive vessels, particularly
the large British steamers, Of which there
are near forty in employ, retaining the
smallcs and less expensive steamers, Of
which there are great numbers. The Amer
lean captains appear to have great satilac-
ton and in the reduction of the number
of both steam and sailing transports, not q
single American vessel is to be alseontin-
ued. Many of them, however viii volun.
tarily retire on the expiration OF their re-
speetive ter-s, unless the rates OF compen-
sation are advanced; for, under the rise Of
ireishts at home, and the prospect Of con-
.inued profitable employ from the traus-
poIta,ion Of breadsiufls to Europe, they
can be better at home than to remain in
employ here, particularly during the sea-
son OF boisterous aud dangerous navigation.
in the Black Sea.
Money affairs continue to wear an I'M
| favorable aspect and would recommend
great caution in the United States ON all
commercial matters, as think the signs
are very potentions ola general financial
ciis.s over all Europe Of a severity THAI
would prose- ale the credi. of,he most pow
erirl houses and make more bankfupts
than we have witnessed since half a CEN
Jury. But a few weeks since money was
comparatively abundant at three per cent.
per annum, but the Bank Of France has
put It up to five per cent, and discounts
no paper OF longer date than rs days.
This was entirely unanticipated. The
Bank of England has advanced the rate Of
discount 10 five and half per cent, and
from both these institutions specie is dis
appearing very fast. This. 10 large ex-
tent is 10 doubt caused by The war; but
what is more cause for alarm is, that horad-
ing gold has commenced, winch, II il be-
general, will, with other causes, inevita--
bly, produce panic and crisis.
-. The funds in both countries are failing.
extensive improvements making or con-
temp'aling in this Empire was suspended
or abandoned. aud credits for large opera
tons are Withdrawn.
Every one anticipates further serious
decline in the funds, which will produce
great distress in this country The late
heavy loan was not taken for permanent
investmenl, but on speculation. and par
! ties who subscribed with view to sell OUT
on the first advance, took much lal ger sums
than they we've able to pay; aud, being I'm.
able TO realize, except at heavy loss. un-
derdecline, they are, notwithstanding, obli-
ged TO submit to the sacrifice, as they can
not NEE. the instalnents. This adds great
! ly to the pressure and alarm.
In addition, however, to the loan, the
gambling on the stocks is immense, Thus