The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-07-29

in very snort time, 81 the forces which sao AS
dispersed neither from avsrice NOR rom IN oNe
strained economy that Austria hes fe.u ed hsr q
To these who knew the heavy task which IL impo5ed
CO tire Finance kIlister of this Empire to res,,se
the sources Of pr0sp erty after the grsss trials o.
the rev. luisnary epoch after the colos, reform ~
Of new administration In provinces which b.socs
administered their IN sffsira, whether we'll or III
and all This in the midst of European war, Of which
DO one can yet f0resee either the direction or sae
fetal view OF such task, II viii be easy to see thai
every instant must b put 10 profit in order TO hrzg
about sa.utary dimiuusion in tie expenses Of TIE
State.
Austria Is occupied ia endeavoring to accomplish
the four guarantees which she thinks ndis pensab!y
necessary to the durable reestahliskment Of order In
the East. Considering the state Of he. finances, ths
extent Of her frontier boundaries along adversary
country, the equiyocal attitude Of Frussa her uos
reasonable desire was peacs based on what pr1-
dence required, and not ths moral influence waic,
she might have gained BY var brilliantly coaduc:.
ed. Her allies hsve other wants, other objects,
which outweigh hers. War itself, and the moral in,
fusnce which si result from its Issue, rot only do
csiVe, but brilliant also, is above all th1Gs Becss
OF England upon Asia Austria did not engage "
follow shsm upon thai ground. She remains fem
up0n the line Of her yageI1ents, little dispose TO
60 beyopd it, but determined not to take ste
backward.
The governments Of the Western Pc vers them
selves acknowledge the rect,tuds Of the Austrian
policy. Lord Clarendon, "a wa learn by te,egrA.
phic despst of the 27tb iepe.d the alta ks ade
her ID dse6cs. o. fs''' AA'' Aa''''' A'a '''A
France aud England have justice enough 70 con-
cede Il a. it ia tor them slone ter niuate the
in the Crimea which they undertook not only With.
out Austria, bat against her advice Would It b.
very usefu! to them for Austria now to enter Po-
lsud? The Russian army, she large streams, tae
colossal fortresaes In that country are enough to
hold in check for long time an invading army
"a " a
sDy important changes are to be effected on the
Il cid Of battle in che raurie Cdersonesus. Were
there dispoaabe but the half of the ailie1 forces In
the Crmea, the opening camp aign at s1y other
quences.
in Poland would result not Only in neS Snd
great effusion of hood, but IN weakening Austria,
even under the most fayosabls sVpposision, with
out pre- duc'ng the slightest effscs in lettering
the condition Of things in the Ciin1es. l. is for
the interest OF Frsnse ard England Tat they
should have IN reserve Austria, an ally iu 81 her
strength for the leg. word has mot yet oeen pro.
nouDced and the basic Of the four guarantees, even
should the Western Powers cone bsck to the Aus
tian proposition Ia not the less lily gained The
fourth point, not leas perlous, and even Diff
cult than she question OK che Back Sea- has not yet
bt en- touched.
the summer. During That time it would have be an
9 useless waste OF millions, for Austria to keep up
the whole effective forcs Of her large but guperuous
army. Nothing Ia more natural than ta. che should
with to husband her resoui ces, after il had been
sgreed upon with the two allies that she should take
no part in the war Of the Crinea. The English
press will receive with passionate ousbursts the
news that Austria has reduced her army As to the
government Of England, % well as that Of France,
the measure has been for long time no novelty to
them. Is will not be concealed from them, because
there s no reason for conceslng it. The Tedue ZION
OF she army is only halt, not change 10 Austria
The Victims Of Paul and Sfrahan In London
The ii st examination Of Nessrs. S;rabsn, Paul d
Bates, took place at the Bankruptcy Court. TIE
liabilities are $3.50 600 and the assets about fl60
600. The amount Of debss proved on the occasi IN
was f225, 600. The sitting occupied txo hou 4 ana
q half, and and the bankrupts were removed Ia GUS
tody. The following WAS given in asa