The daily union. [volume] (Washington [D.C.]) 1845-1857, 1855-11-24
From Inc n. v. Journal Of Commerce.
FINANCIAL STATE or RUSSIA.

From The n. V. Journal Of Commerce
FINANCIAL STATE or RUSSIA.
German writer recently remarked, with reference to
The Eastern war that there four things IN which Rus
sa had from the onset totally massachusetts the
rnted pouer or resistance displayed BY the Turks the
feasibility Of an alliance between Englaud and Francs the
sitpde which would be assumed BY Austria asd the eI-
tent 81 sacrifices wkch hostites would require The
eourt or ST. Pete=sbrgh would these accounts have
a wisely had il resolved TO consent TO peace as long
go a. Immediately after the battle Of Citate IL had then
become apparent that Turkish enthusiasm was aroused 70
w fullest extent and that without the assistance Of
,ba western powers desperate struggle was mPend
@ than the race CT Gilman hal engaged in since their
arnes were encamped around Vienna Austria bad de-
500 Il enphatic terms her want Of sympathy With the
i,ous projects Of the Car and England and France
s nreparag for the contest IN sneh manner that u
la hs t,reseen they would not lay down their arms I'M
ii AT danger Of the extension OF Cossaek rule to the Ned
should bare been ayertsd But whom the gods
isb "a destroy they rst make mad Nicholas resolved
on The continuance Of suicidal struggle wnen ne could
ns,a Il 10 erase By the Surrender Of the pretensions
haa made through Prince Menschikof and his son will
a. 10 bring n 10 close until the pride Of the old
psa stability shall have been sufficiently BUNDLED TO
.La the demand for peace any terms Inc court OF
81 pburph already sick Of the war, but Il seems 10
~ conceded thAt would cost Alexander IL his throne
his lie Il he were subscribe 10 such terms rs should
now be dictated by the allies
We had occasion to show some weeks ago the effects
which The war is known have produced upon the trade
ana commerce Of the Russian empire. late number
Of The London Times speaking OF the trade Of Odessa
says:
The Russian exports which in lS45 Of the value
of 100000 silver roubes, in ls4l TO than
70o00O0O Although this high amount Was not sustained
during the succeeding OF greater plenty yet the Rus
sian trade still increased rapidly In 1852 the expectation
was TO the value Of "a 100000 renbles and IN 1853 the
last wear Of peace il had risen 10 5j0o0oo0 partly from
natural Development partly under the influence Of the de-
hcen harvest of the preceding year. Now to end
this great aud sudden prosperity In eight years the value
Of exported Russian grain had increased three and hall
fold landowners had been enriched the State had been
relieved material mproyements-roads canals &c-had
been commenced when in evil hour the Gar outraged
the rights OF nations and OF liberty and all has
close In 1854 the export OF grain fell 10 the value OF
l4000 900 roube and OF this probably shipped
during the three months which preceded the declaration
OF The export at the present moment from the whole
ofBassa is probably not tenth OF ha 1T was two years
since
While the commerce Of the empire is thus nearly
initiated taxation has enormously increased the drain OF
ser for the purposes OF the has reached twenty-five
per cent Of the number of those who legally consid-
cred able to bear arms and the State debt has augmented
the full extent that the government has been able to
procure loans In August 1854 Leon Fancher OF the
most distinguished of French financial writers published
statement in the Rsoae ds De4x Ioa that the entire
s2oo0oco0 to S15oooo0oo while the expense Of main
tanning the army alone was nearly Sl7o0o0000 and the
feet Sa0e00Oo He calculated the annual deficit in the
treasury at about Se4 100000 The importance given to
figures issued under such authority ~ Fanchers
50 great that H. Tengoborsk member Of the imperial
prvy council shortly after with what be terms
an authentic correction Of the into which he assumed
tina, the French economist had fallen According this
latter the iacome Of Russia amounted in 1890 SI2o
100000 and il had rsen in 1852 to $l6soGoo0s. As NJ
Tehgoborsk does what the probable falling Of
would in 1854 in consequence of the war; his estimate
confirms rather than weaken the opinions OF his anago
MIST If the duties imports for 1862 which amounted
to S2e,ooo0oo, alone deducted from the Russians
statement it viii leave the income of the empire less than
the highest figures named by NJ Faucher.
The discrepancy between the two writers with regard to
expenses is greater Tengobors gives 73oeooc0 as the
annual average required maintain beth the army aud
the feet upon waT footing II this estimate were rea-
Bic, it would show that Russia keep up effective
force OF nearly 100000 less than half the expense
required by England for onetenth part of that number
but that is simply absurd. The AEgs5trger 4Hgeteiae
Aun9 paper far from partial 10 the western powers
distinctly rejects the in tended impression which Tengo.
borsk seeks to convey The writer says II do doubt
that the outlay in money, Of the imperial treasury
alone amounts to II cost it only $4,000 600 10
maintain the army in time Of peace Blu, the contributions
in money and especially in substance required from
munities and individuals then large and have
since become incidentally burdensome. If attempt
were made to state the value Of these ia money would
be IS per cent above Tengoborks estimate and the bur
den may be considered double the oppressive
of collecting the contributions taken into consideration
Reliable statements which have appeared in English and
German papers and reviews lead however the impress
sion that the burden upon the itself far greater
than the figures of NJ Tengoborski would lead suppose
and that the estimate Of NJ Faucher as correct with
respect 10 expense il certainly concerning income
That distinguished has died within the last few
months but il is understood that Others win fulfil
the task of replying the article Of n Tengoborsk with
such facts as cannot be disputed.
The national debt Of Russia has steadily increased since
1874 according to official In silver
bles valued at seventy-fve cents) it was, in
507, 100000
b3I soIl 900
ls55--....--..... a.- Il Y, 900 600
Ibl 2Gi 900
These figures given by the Russian Minister of Fl
in official speech, made the 9th August last
the annual assebage Of the council Of the Imperial
Credit Institutions which the Of those institutions
for 1854 described In considering this prcdigious