The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-12-23
AFFAIRS IN EUR OPE.
our LONDON, PARIS AND CHINA CORRESPONDENCE.
THE GOSSIP OF The OLD WORLD.
IL PEACE PROBABLE?
Our London Correspondence.

LONDON, Dec. Z, 1855.
Peace fcculastons-Tseir Wotlcs,essL Louis Napoleon.
and Lord Palmersto. Determined 10 Break DoWs Rus
Power and Ertrpa,s Russian Influence from En-
rofe Proper--A Chance Lost for Mr.. Ruchancn-Mis-
maxdgeslc, Of English Ralaays-American Enterprise
--CommcrcsaI AGdirs--7n .atrioal Gossip, dc.
Rumors of peace with Russia are flying about az thick
'leaves in vallambrosss shade" and they
plausible shape to give unusual buoyancy to the
funds Consols yesterday to nearly 81, which is
certainly proof of the sanguine credulty of the public
" not OF the certainty Of early pacihcaton. My in
vestgauons have gone to the fountain heads of ntel
gence and find the belgerents themselves pro-
Soundiy in doubt of future eveuts the people in the
streets 1t is clear enough that all parties would be glad
10 get rid Of the war; with its inevitable outlay its
alarming contingencies; but how bring it about is
puzzng than Keper's problem. This real and in
sxtricable difficulty will occupy the diplomatists till
the spring returns when hostihties must be renewed
It will be a miracle il terms of arrangement can be hit
upon that both parties will finally accept 1t is beyond
doubt that the old arstocraic party Of this country is
exceedingly anxious to effect adjustment, and they
working in secret cooperation with the court Bohkeep
np indirect communica alton with Russian statesmen
and they the witches around the caudron
In Macbeth" to if by the aid of white spirits
gray they cannot come to harmonious understanding.
this could be effected the party question: headed by
only ooect-snd the present government. would walsh
from the scene. Lord Pamerston amusing to say is
Kept in Office by the oligarchical party who
to have his place; but they cannot eject him
whilst the popular feeling in favor of the war; which
he specially represents high To get rid of hun,
there is other than to patch up peace, and that
why Vaccinations steadily at work to that
end and hence the multitude of reports that the event ia
hand. Unless the conditions humiliating
Russa and advantageous to this country, the people
here would denounce peace, and something than
foreign might be the consequence. Meantime
Lord Panerton is hard at work in getting ready for the
next campaign, for his purpose is to go m he breaks
down Russian power and extirpates Russian Influence
from Europe proper His object is TO accomplish a result
that will perpetuate his history; and il the
goes he will arrive at it. The French Emperor has
similay motives and similar vews and until therefore,
these two energetic satisfied all the efforts of the
Tocrst;c party here OF the friends Of Russia else
where in vain This impartial view of the case
and everybody draw their own iniercnces.
The frightful with the United States, that all
the talk here few weeks ago. has disappeared from ais
usson suddenly it came though 1t is assuredly not
The fault Of the English government the London Times
that violent fit anger has not seized the United States
At language and acts that unnstifable and absurd
Both the Prime Minister and his bclcose organ evi
IDENTIFY delighted to escape the pes they had thought
lessly provoked and for this they doubt acc.den
tally indebted Minister ut this court. AT
moment here American indignation boiled at the
vapoig Of the ministerial PRESS and OF the high Ia aided
act Of sending out a hostile feet to cruise off our
coast, and If Mr.. Buchanan had been carried away
by the tide Of exasperated feeling that beset him
every sde he might easily have used such language
lord CLARENDON to make the danger OF hos,ities
between the two countries almost probable 1t was
tanly admirable chance for schening politician 20
run mu tx for the Pre- sidency and II Mr. Buchanao had
chosen TO strong language, demand his passports,
and START of immediately for the United States he would
have instantly become the popular exponent Of our
frrxa1 f.altu main tnfnr ytkh
manifest destiny" and his election to the Presidential
chair would have been enthusiastic and unanimous. NJ.
binary opportunity that suddenly to 80
great object but he belongs TO that class Of states
ing, alas that think of the real interests the
country and the profits OF trade and commerce than
Of their personal ACKNOWLEDGEMENT and consequently in
stead of trying to fan the flame Of discord easily
done, Mr. Buchanan, by temperate explanations and
advice to Lord Clarendon SO managed matters as
TO alay all chances OF disagreement, aud to remove all
6kehhood OF Mr.. Buchanan has thus deliberately
thrown away his best card for the Presidency aud his
partizans all the country will loudly remonstae;
oouldn help it. for he Of those singulaly balanced
in mind and chara ,ter that could act
has Of what is right and proper he were 10 lose
the Presidency ten times oyer, than walk on his bead
may mention as proof OF the sympathy Of the Engh
pcpuiace for their American brethren, that Mr., b.
ehanan, on going to Gulchali this week, loudly
eheered by the wbich lined the streets this
doubt full compensation to Minister for the
attacks OF the Times snd the dsguisei dislike OF the
aristocracy.
Isee disposition here the part of several journals
TO assail and decry institutions and book has
been just putlishei here to lower political
in European estimation. The institutions of France
dsparaged aristocra'c, whilst stismaze
demagogic. The supporters OF the British consttu-
tion getting alarmed at the inroads OF democratic
ideas pouring In from France and the Uocd States add
they these 10 diminish the danger; bu. they
shond in mind tina, f they think lit investigate
Amer buttons they must keep their temper when
We have hardly got over The frauds of the late pous
bank" Of Paul. Strahan Co., when new erpose of dis
graceful pecuatitn has occurred in the case Of one OF
the great railway companies, entitled the Eastern
Counties" The individuals implicated are OF the
hghes spsctabty of course but the extent Of job
berry and ght roguery proved against them would
make oldashioncd highwsymxn blush. Well may thn
Times ask il The boosted commercial morally OF Eng
land all The rail gay interest OF England
repeseps amount of capital, not less than
800 millions sterling; and the search after poor Sir John
Franklin was not more difficult fruit,ess would
be any attempt what portion of this mighty
total had found its devious way Into the pockets ~
whole tribe OF English schuyers. so great is tho mis-
management and loss attendant these vast ravay
schemes THAT there is talk Of general amegamaton
Of all the hines under the control OF the State, as in
France. II il the best thing TO be done.
strisipg instance American enterprise has recent
H attracted attention in London. Only few years since
Mr. r. r. Cro.key established himself Mt Cowes ship
ping agent. He soon removed thence to southampton,
where he became United States Consul. such his
energy, coupled with rare intelligence mat he bull, ~
great commercial house with unprecedented rapidly
The uptirirg activity Of Mr. Croskey led him only six
months since establish branch OF his shipping house
London, and terrible hutter II made amongst the old
shpbrosers OF this port had so long enjoyed mo-
sopoly Of the American trade The most active AMI To-
ternned attempts made TO put down Croskcy Co..
and our widely esteemed Consul here. Gen. Campbell,
might have rlade fortune ii he had lent himself the
powerful combination against his countrymau. He took
the course however, that all who know Gen. Campbell
might be would take and instead of listening to
the ers that made him. he gave all his influence
and aid 10 Crokey Co., which enabled the young house
triumph all obstacles and take the front rank 10
the business here In this particular
line. proof OF the solid standing Of croskey Co, so
sud- emily achieved is the fact that the French govern
ment lately employed them to make purchases OF several
large steamers and transports TO the extent OF near
million Of dollars, the commission on which alone IL
young fortune So much for Yankee energy directed by
intehs ence. and sustained by unlimited pluck IL
has forced its way through strong London monepoy,
and this have inspiring effect upon all the
less courageous spirits who witness IT, II is the moral
influence Of such examples these Of American resist
TO nopolies, that gradually working wonae
m England.
Things have greatly improved in the commercial world
both here in France. II fooishly thought m
predicted by many that suspension OF specie payments
not hr off in 10th countries bat the has lar
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