New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-12-08
THE STATE OF EUROPE.

LONDON, Nov. 81, 1856.
W., N.,o,eop. in order 70 divert the French
-, from ,oftcs, reused the spirit Of commercial
.,tsruy;,e. or rather Of gambling at the Exchange,
\, fair and foul means be little thought Of the diff
..ls,es which now surround him everywhere 10 con-
sequence Of over speculation. His greatest danger
i not Re pubhcanism or OIleanism, or Legitimacy,
bat the financial crisis; and whoever will relieve
lin in this respect whoever can raise the Three
Per Cents, 10 his friend and ally. We are, there
ira not ct all astonshed that the English aliao e
has lost all its charms sDce the Bank of Eng lsad
seriously endeavorDg to stop the drain Of the bull
lion IN it's vaults and to counterset the maneuvefs
OF the Bank OF France to get gold into the empty
Golfers of Paris. The recent raising OF the rae oil
discount at London TO seven per cent has had q
most refrigeratipg effect on the French ifienos1iP
with England; while the Gar, the inheritor OF a
well-de6Ded policy, has suddenly stretched OUT ms
hand as true friend, and purchased, the gay oe-
fore yesterday, Three per Gems TO the amour. Vi
one million francs at the Paris Bourse. IL Is STAYED
&h.t the broker who acts on behalf OF tue
Cssr il TO continue bis proceedings in the same
der &c. You viii remember that the Car
Nicholas relieved the Paris crisis in lS46 in the
same way and certainly the activity a. the B)urse,
and the remarkable rise which accompanied this
very unexpected financial godsend, has made more
friends 10 Russia and more enemies to England than
all the paper warfare of the semiOficial Journals in
London and Paris. The Morning Post of yester-
atn,ip0 vii
reminding the French Government that hstor
shows how every faithless proceeding against En-
gland On the part of her allies has always been mos
severely punished. This allusion to tue Spanish
marriages, and to the subsequent fate of Louis
Philippe, is most keenly felt at the French Court
lust now when the nsoence of the bills posted
every night on the houses of the BOuevards, and
even On the walls of the Tuileries, becomes most
alarming. Thus, for instance, placard was found
one morning on the imperial palace: Wantsd, gag
of Laborrs to s,oetp the Court and Palace. The En-
slish Govern ment has the idea that an Oreanst
outbreak is near at hand, and the City would not
be astOnished at hearing of rising of the workmen
Of Paris where all the necessares of life have
doubled in price within the last four years. As a
natural consequence of such rise, we find in the
statistical returns that the average number of
fai mes and bankruptcies has more than doubled
since the time of the coup etat and that the fraud
uent failures in France have increased &C per cent.
For the present moment the Simultaneous arri-
val Of the Atlantic from New-YOrk and of the
Lightning and James Baines from Australia with
the conf ierabie sum of more than { 800, 900 in
tko norfn NJ NH 10 mfr ofa1 for
Paris, has relieved the money market to a certa
degree, and given great buoyancy to the Bourse aud
TO the Vienna Exchange Still the crisis is not yet
past especially if the newest scheme of the Credit
NobiheI-ths Russian Railway cOncession-s
20 be negotiated at Paris aud London. Two
thousand six hundred miles of railways to
be built within ten years, the first install
mont being 30 per cent of the capital Involves
such drain Of the precious metals from the West
of Europe to the East, that the Western Exchanges
cannot stand il. Besides, all this network Of rail-
roads is planned altogether from a strategcal and
not from commercial point Of view; nearly one
half of the lines 20 through uncutvated steppes or
dresIy forests. Accordingly the English press is
seriously opposed to such an alarming undertaking,
and even the Constitutional of Paris doubts the
expectancy Of the pap. STILL Count Morny has
interested himself in the matter, and acts as ju-
1cieus bOtslehOlder to Aessrs Perreire Hottingaer
and Barring, and it il therefore believed that the
Imperial Government of France will not sincerely
oppose the enormous extension Of the activity of the
Credit Aobiher in foreign countries. The Emperor
IL not great economist, and hardly understands
Che full bearing of these schemes upon the financial
situation Of France. A serious feature is now like
wise the repeated failure Of the silk crops in Europe,
since il must result in an increased export Of silver
10 China where silk has risen in consequence of the
great demand.
The Emperor of Austria has set out on his tour
70 Italy. Of all the foreign ambassadors only Sir
Hamilton Seymour has been invited to accompany
him. in order to show TO the Italians that they have
nothing to expect from England, the new ally o.
Austria. The King Of Naples continues as stub
bern a. he always was and rails at the impotence Of
TIE French and English. The King of Prussia
tAreatens Switzerland on account of the
Neafchatel affair. The King Of Denmark
u on the eve of Indicating The Sultan
has been invested with tho tomfoolery of the
Garter. While the Bessarabian question remains
unsolved, a new complication has arisen by the
firing Of the Russians into an English gun-boat at
Yeni Kale. The Russians are blockading the coast
Of Circassia, mainly in order to prevent the impor.
tation of gunpowder and of salt into the Cauca-
sss; but the Turkish, or rather Greek, merchant
vessels do not respect the blockade, while the En-
.Hsh 6eef has endesyored to support the fra9i I,