Smyrna times., 1855-10-31
Ihe Approaching Financial Crisis in
Europa,


var o ,,,o 'ne oeglhhing Oi the present European
da',,, VIC nave not had any Intelligence more
- H.! oie niilcalt than that by the last steamer.
al p ieSeHt nllanclal condition of France
Snoo;a fssIL '"iiu' WIN every day the drain of
Gu T "S Delhg more and more severe. and tLo
banK OF Eng land, as our readers will rn,naH,t
llad raised the rates of interest to 81 prr n,,
10 prevent that drain of gold which Fra,cn ~
SO lhJudlclously been CAUSING. bv oov;no,
'illlh Tor 1t. Taking the views Of tho Rnoff;sh
PicsS' one with another on this question i i
e'iucht that the glOomest anticipation NJ nro.
sent prevails In Great Britain, despite nnv
"."ou"' ol effort to appear cheerful and 10 boi.
Seel up lhe ehort by pointing to an increase Of
.U~ue' VI 10 the tact that they have already
g"t laf advanced IN the second wear of tho WV
- nv ioIdoh Chr0hicte, in Its civ article. Oct
"' '"huouOtedIy speaks the general feehng whom
|" suites that there Is at present an unmistake,.
plo ~ ,'iPresslon that money will become dearor
Iie III demand greater and the sunnIv lc., H.
IraIce matters appear to be hasteninU viii
ntaulohg speed TO q crisis, and il j. GOLF o,,;J,t
iIidI II Ihe present enormous drain of roId tio,,
france and England to the Crimea SbnulJ co,'
',nue' nothing can prevent suspension and an
almost unparalleled financial crisis. Ifwa.'dI
70 'nIS the PLAIN, undenlabe fact. that .vnr,,
'teaher continues to bring gloonier acconnt,
VI tne eharVeSt-that it has turned ont far ,,,r,,,
III an parts OF the continent than was anticina-
'eu' ana That the French government has ho-
yo"d question been using every effort to pra-
r 1"' '''i" I'ct from coming TO light, We have a
'""''ie ol disasters which may, by some
s1cii So"u fortune, be modified, but Whict
"o'"'"9 snort OF miracle can prevent l.,
q
"" ~ "uVH events our own merchants cannnt
80 O'"0 ~" great caution, nor can our Duhlic
~ wv '''"Gh inspired with the spirit of pru-
~ "'u vi economy The last great period
'''i'cS 'hfongh which We PASSED. or
rilher nave Just passed, would have r,r,nJ
times the suffering It did. had II mo, L1', ="
seen, and had not our business ,,o, Ii,3 i"I
ana senSIbly taking in sail and adinst;na1, &
tors. These recent tIuropean m,,.n,,,,','s. "i"1
tcuIariy the threatened rise in golj Ln.,ii i'"'-
stale OF affairs which may involve ms ~ ,,.,,
suHefing. Meanwhile the war may b,.5;J
oe merely at beginning, Russio i nro,,,.,,,I
hhu proVlsloned for anothcr wear. :. rn.I,,. ;, /
rs the new York HeraM SAYS. 4" only , ,,,'.,.
"aNel ana an engraver to ply tor all the corn
'9'o"S' arms, transportation and soldin,,s
pa! sue needs while for what slltpetre ar ,,,.E- !
"'y e.oles sue requires from abroad sbn c,,,
'"y with VII the gold she draws from Great Br,,.,:u
=! 0,itl5 out the ten or more millions tho -,
:erIaI family have long held in the funds" ''I T.,
act kuSsa, IN the siege Of Sebas,onnl b.,
saihed ncalculably on TIE Allies. ard nn,n
tanaS' with the winter approaching. with cv,.r'
u'antage on her side. Tie battle m,v y.,
rag along tor years. Meanwhile every c',,.
en of our own country should lose nn ,nn,r
unlty TO inform himself of all these np,a.
ten1S' Tor ne cannot fail IN the present sfIfrn
ndTS, 70 hnd 1t to his own personal advanta,,n
. pe unly impressed with il sense of what i
I"OaoIy coming, and to make "apt;cin,for,.
Bulletin. i'''''9