The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-10-04

g. 100000 quarters from the United States and
to cover twice the alleged deficiency France. OF this
quantity it is stated that about half will be shipped for
Europe between the LIST Of September and the ist OF Mays
and have 10 blie that Gerry large orders hccs
ALREADY been transmitted 10 The ether side OF TIE AHGn'tcor
he French market.
and especially Of the Sea OF Azof cuts of the supplies
fom an extensive and fertile district reason to
doubt that measures may sun oe taeen 70 open me ma
palties No part OF the world produces greater alum
dance the finest grain and the harvest OF the past
summer was 80 abundant a TO compensate the inhab
tans for the surngs and losses attending the invasion
Of the previous year Had vigorous measures been taken
by the allied governments, even 50 late as last june to
a rational government In the Prncpaiitie5
and 70 re open the naygl Of the Danube which Is
checked On two Insignificant points by the enemy
we should ere this not only have accomplished another
mporant object Of our political Intervention in the
East but we should reap immediate commercial advan
ages from the emancipation Of the Danuban provinces
AS long Russia continues 70 obstruct the Be5saraban
shore Of the Danube the results Of her recent invasion
are not entirely removed and there no ground what
ever on which claim prevent the trade Of neu
trail ships with the Princlpalities. This question be-
comes Of European interest, and 1t is point on
which the Western Powers ard Turkey are entitled to
require the active cooperation of the Austrian govern
ment as that Power Is in occupation Of the country
We entertain donbt that although the prices OF
grain will probably remain considerably above the aver
age during The present year. those prices viii command
ample supply for the deficiency Of which may ex-
st in the west Of Europe aud in parts Of Germany
But the effect OF large purchases OF and OF large
and rean.es to the East for the wants Of the
army and the varied expenditure OF the war must neyi
ably be elt upon the money market both in London N
France have acted wisely in applying the necessary check
TO the discount Of pape and it viii better enable US to
sustain the efforts necessary to bring this contest to
honorable conclusion If take in sail at moment
which mnst be one Of some difficulty, though from
the healthy nature Of our commercial relations,
we do not believe ii to be one of danger
In France the is somewhat different, for
some singular financial experiments have been tried
within The last three years in that country, which all APP
pear rest upon the assumption that credit be per-
maneny substituted for capital These operations have
not only embraced vast quantity OF transactions in
France but have even included vast system Of relief
to the finances of Austria We only repeat that the
present time is sngularly i'll adapted to such hazardous
flights and that neither the aspect of public affairs
the course Of the seasons is favorable to them. We
should deeply deplore, and We do not anticipate, any
sudden shock to the unlimited credit the present French
government has hitherto enjoyed but the prices Of the
public securities since the fall of Sebasopol and
the avowal Of deficient harvest by the principal organ
OF the French government strong Inducements 70
act with great caution both in the financial operations
Of States and in those Of private traders
Paris Correspondence Sept, 21) of London Times.
The government has fairly and frankly admitted that
there s deficiency in the harvest to the extent Of Sc
millions Of hectoitres of wheat to replace which
there must be purchases made abroad France will pro-
badly have to expend something like Eve millions ster
ing on foreign Expectation IL forbidden, nd the
temporary law by which the ports open for food Of
all descriptions is prolonged to the end of next year. In
order to alleviate the distress occasoned by dear prov
sons, public works win be kept up and Industry en-
couraged by all possible means. But all this cannot be
done eah0us nancy and is easy enough 10 thu. BE-
fore long there must te another loan. The oniieur does
not fully describe The nature Of the deficiencies affecting
the necessaries Of life unpleasant duty which is left
to the cSsttHionne according to which not only two
thirds Of the wine is lost but the apples and pears for
substitute for wine used to be made in the shape
Of hydrome, is than usually Thus the gov
ernment through its organs states the prospects Of the
country regards the food and drink of the people to be
gloomy enough TO require the exercise of patience
dence and forbearance Some there who ready
suggest that contrary customary habit the worst face
is ont d ring he w
ceptance Of conditions OF peace Of moderate kind
than the country would in the exultaton of success,
mingled with deep resentment for injuries be disposed
favor. The question IS one Of those which cuts two
ways for the other hand sacrifices cannot be exacted
abetors will lind to their cost if they do not make
TO offer return Of repese to Europe Let repeat
again, that in order to justify further sacrifices, in
spring principle be offered to the of French
and that principle is already their bps in the
shape of a call Tor the restoration OF Poland.
Inauguration of Dom Pedro ". King of
Portugal.
(Erom the London Times September A.
Although the accession of Dom Pedro " to tho throne
ofPortuga and the Inauguration Of his reign Is event
not romedatey connected with the exciting
cuences Of the present time. we cannot pass over in
silence ceremony which commences, hope, long
Of prosperity and freedom to Portugal and insures
the maintenance of the most omicabe and beneficial
lations between that country and the united kingdom
1t Is the singular good fortune of the young Prince who
has just assumed the rens Of government that he in
hers all the advantages arising from long period Of
social and political change without being In any way
identified with the passions Of the revolution He
ceves tho crown by unquestioned hereditary right,
and he accepts IL with fu recognition OF the consttu
tional liberties of the nation. Hitherto the sacrifices and
efforts Of the Peninsuar kingdoms to obtain the sub
stance OF free government and to establish limited and
popular monarchy on the ruins Of corrupt and
bigoted despotism, have failed chiefly from the
want of confidence between the crown and the
people, and especially from the want of those
qualities in the sovereign by which that confidence
inspired The King of Portugal undertakes the govern
ment Of his dominons under more favorable circum-
No fipso f he huyp tnar
from him by violence fear; and his character and
attachments qualify him in remarkable manner to per-
form the part OF honest enlightened and progressive
ruler. Descended by his mother from Dom Pedro, the
most popular Of the Princes of the House of Braganza
whose name he bears the young King Coburg b. his
fathers sde and thus brings new blood TO restore the
reputation Of Of the oldest families in Europe. He
therefore adds the ties Of relationship to the political
bonds which have long subsised between the Courts
OF fortuga and England and although this country does
not aspire 10 exercise control the independent
destnies Of that kingdom and has renowned sponta
neously the exclusive commercial system which formerly
existed between u.s. we are convinced that alliance
not less and permanent viii be found in the iden
tty OF the policy and institutions of Portugal with those
of the Western Powers We therefore wish well to the
reign Of Dom Pedro V. We have no doubt that an in
Heent and active administration may intellectually in
crease the wealth and Importance of Portugal and-we
sincerely desire that his government may fuld the
sanguine hopes Of his allies and OF his people.
The Clamor PuJltco OF Madrid, Of September Is, con-
firms the statement already made that the proposed al
submitted TO the Cortes by the government tie re-
assembling. II adds that in the event Of intervention
being resolved on the expedition to be sent against the
Russians will be under Gen. Avala or Gen. Prim.
The changes made in the personnel of the royal house
hold in virtue OF the regulations had not been
important as had been expected the Duke dc Baylen
being retained first major domo, and having been
minated keeper of her Maiesys prvy seal the Duchess
de Alba retaining the post Of mayor NJ Martin
de los Heros that Of intendant, &c.
The voluntary subscriptions to the loan Of $50 600 600
reals amounted to 1855 and were expected reach
165 600 ITO reals. bill for securing the
responsibility of public functonares in preparation
India aud China.
The Austrian Loyd's steamer Bombay arrsel at
Trieste afternoon of Sept TO- The Bombay left Alexan
lra on the 9th uitiIno.
The India and China mails to leave Alexandria on
the 9th ns with advices of the following dates-Cal-
cutta Aug o; Bombay, Aug 49, Hong Kong, via cacut-
Ia, July Is.
The instruction Of the skhs sti continues and has
assumed Importance ooo troops have already been sent
against the rebels.
party Of Rohias have passed the frontier, and are