The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-10-28
The Monetary Crisis in Europe.
TEE OVERLAND AND I'LL FED w0RKMBN OF PA1gs
-ALAEMIN6 STATE OF PUBLIC RKELIsa.
lpnrs lOct al cnrresnor ianca ne Inndan Tinnas

an extreme at Naples, and the disgrace incurred by
drawing back after all that has been said done,
are the great difficulty Of the day. Yesterday it was
said that an .energec'' resolution was adopted, but
what IL meant by emerged resolution cannot learn
u mercy consists in recalling respective legations
and breaking oil oil diplomatic Intercourse with the King
OF Nap that might have been done without making so
nucn nose about the matter The fact H. the present
moment the Emperor OF the French quite ms much oc
cnped With domestic alars he Ia with Neap ,tan
question. These affairs do present the most ts
aspct may be true that the resourocs Of Franse are
vast, and that she rebounds with wonder al elasticity
cn depression but Is not the less that st1a
on Is far from encouraging and that greater asGass ex
sis among considerable poron OF the working popnla
lion OF Paris than for long time past The arsans the
coneDt is, usual, directed against govern n snt
rhe Emperor he, believe beginning the truth
am told that depu@soa OF wo kmen OF Que Of The fiu
boures went to 81 Cloud yesterday TO lay before him
their condition. and the mpossi ,ty Of Their supporting
the heavy burdens particularly Of house rent laid
them They well received doubt and 80 far
came back uncomplainng, but the symptom is fell OF
meaning, nd the precedent may be followed by
Pacards were again found pos ed up last pgha streets
lear the Halle, stl menacing 10 the Srcprieors and
pea;iDg the demand for cheap bread In soule there
were The words, ''Tise rNnpceir" following the
tunsie that the long absence Of the Emperor
conceded With the panic caused by the
The working classes, because gave f,r pferring
wronetuy am sure, Indifference his part their
stielrgs Among the plans 0. the Court return
rom Barrtz visit 10 CoDpegne TO enjoy the Plea
sures OF the chase The Emperor would act wisely By
gvng up o. at least posponng to better days this par
oi the festive programme. The subject Is freely dis
cstsed by the people ard workingman OF the fau.
hoargs was heard TO say the other day, ~ r.fer "a
a Ia ohdsse; eh din 81 aoGS dlioHs o.e G@Ssi, IL
,h0s.e ~
You do not learn !or the ars Tine that by the
nAssss Of the population tie Emperor one else
considered as the government tne ministers seldom
asen into account or they supposed by these
stitutona reaoners 70 sst matter cr FORM obey
his WILL and to cause 70 6e executed. This supposon
however tatterng to imperial vanity "a wuout i.s
ncopvapisnct; It Lars on the Shoulders OF msn
he burden which ought to he divided among many thai
-, responsibility before tic pubic. The withdrawal
eiore, OF the trieary coupeaauce OF the Emperor
cannot in Their opinion be supplied by any other. II he
absent, nothing they say can go right and lis long
stronger than 10 repeat by those who cav
ibat is 70 them aione be his throne II the Court
PERSISTS IN going 70 Comp gne FOX the purpose o. hunt
ng other revels, ind its return that It's DO
puisrity has iearfuIJ diminished The topic Is oneu ds
cussed and people ask why should not the Court
Court bent anpseen be salts sed with the charm
irg retJeai Of = Cold. The Emperor s, perhaps by
this better acquarted with the exts which this feel
rg has spread taan before his retarn to Paris, snd It
occup.ea bis mind quite much the Neapotan cues
toD lie bas himself whether his reception in prb
c al the Opera for instance, the DINER nght-hs
appearance since hs eiurn-was as warm as i used to be
Paris (Ccf. - correspondence OF the Loudon Times
The financial crisis s a serious ect OF d.soon
tent than the Neapoian. rle panic that prcvas IL.
however declared be exaggerated ara the scarcity OF
silver II sfr buted Tor the most part TO the immense
quantity OF specie sent out TO China by spccuistors
whatever be the cause. or whether the alarm be
u
rbe Crisis OF lss-. lie eve ci the revelation Of
February the three per Cents al s5 while at this
mnmeni and aier peaes de Area 70 be 50 glorious Tor
trA ce, with strong and popular government and Ia
the midt a. tranquility the three por cents ase be
tween e6 and IS. ine oi-s VIII exercise their prn
gent VII On eye'ythng. even their disasters and
The ceebT sed ssy .pg, LEgYtre e Ia P1i ira
vested into LEmrfrs ss Ia 1isss The government Is
as usual blamed FOR slcn state o, things We
reminded that IN 1904 Ia order 70 cheek the dear.
os ooo u tue capital the stem o. compe nsGtons
.As nagi1't, and ire -afss a. ssia,S easbfshed
ths, yoo remember was applied 70 keeping dowu tue
prce Of bre,d by OF H5rrics by the city during
ytars OF scarcity on condition that the city should
our,e ise BY keeping up the r,ce n seasons Of aeus
dance. The rssuit Of ss sk fui stroke OF political
ron was 81 burden tho city With debt of COO oo0
rom Which hardly any system o COMPENSATION can re-
tcye u. FtwW polite to snppl, bread reauve cheap
during dear years. viii mpol.ic 10 make the czens
Paris psy dearer for their daily food than other ces
u Tiance seas Of abuI dan, e ana an o. us duty
the ONLY M ans o. enectng H. would be hardly ventured
on by iht goucf nment
Another cause Of complaint against oacial inter
yeloD 10 comnerc al mate-s In the decree relative 70
ne expoIal 90 q gram and other such articles, and
which a. m Dished importation and tonscg uert,y
npdtd 10 rase tie rlee o corn Tie complaint Is prn
cpaty i0sgded on the improper .niermcddirg In the
oresn market Wb,n Il VAS ascertained that the har.
vest oi 1850 Was atnct IL tie aiT announced thai
the 2oTeIpm bad resolved 70 leave to private
uerce TO sppey that deficiency Fu confidence ~as Al
frsi Cd In thai declsraor but m,ked that
N the monih Of Nay or April enormous saes OF -four sad
81 wheat to place ai Havre the agency
ol ~ei IN own house IN faris and account Of parties
whose names u - fad. were carefully concealed. A
AL. fardlv tnrued. the fe took alarm,
ard many Who had kep, their stocss in expectation
81 we're forced 10 se ai less thsn the st Of
ths article The rssua was an enormous loss. II was
affirmed II The tine that The mysterious party whose
account these large saes effected the govern
ment no. wtbstsatng tho announce meut In the Mieu.
nmt nse quantities OF -four and wheat were purchased n
tho Inieu Slatcs which naturally produced greater
rse than private traders bough their account
and then sold France for The purpose OF keeping down
the market. calculated that this operaton
tented with loss 10 the treasury about IL 600 000f
with the seoiion.l disadyalisse Of preventing the regu
derasins these operations fearful, hey OF
sea;n eEsoUB,eTpg 20 formidable cenps'ltIon. Tue
oonssquence Of this ahsisning woad be duinu,on d
suprs IN care o. oes.y, and, o; course, the high
il : WHO, iuns,c that The financial crisis which now
prevails bad DOT been icreseen snd provided ior ispo
rance car hardly be p,adei, for believe timely warn
rg was ,iven by c0mycicn; persons. Tie premium ou
specie high AZ to almost bAuish Il altogether
from circulation Canao be received but the cgai
value Il Is eacaisiod that during lie last Eve Yen.
about eco otM IN silver have len the country whf
rot more than 10000 ocOf have entered H. n this cal
cust0n be correct France has losi within that period
TO- o0cf OF ts silver coinage, and has received dor
bic u al n gold Tho result the greatest lncon.
vrneuce IN commercial iransa aous generally and par
ucuiarly IN the manuiscturpx dsrels where silver Il
nsabIe 1or ibe payment Of 10 tho working
assee In truth, silver can b rdiy DO iocnd any
tad. and 5f' 81, IL and toc. pieces have nearly
disappesred The expoftatos Of that metal n
the rapid ~ France export, Comparatively
speaking, but small amour, Of manufactured produce
and Is nsegrtny otgcc % pay Tor foreign merchau.
disc a. spec.o. Tbs 10 OF The consequences OF the
vicious stem Of her custom houses which the govern
mcbt afraid " touch. II n evident that II tie
menus turDs products o ths oorniry coad be sod At
rea vey low price 10 the nted States she could send
them Instead OF the precious meia In exchange i the
grain or the American srmers, and such crises as tie
present would rarely take place, would be less severe
iyfr't.
Another carye 10 witch The criss attributed,
while taking rio account the eject Of that n Germany
on the French market II the enormous budiry mania
of the Pafisans. The Morifr announced some tine
,lnee Win sa,isecuoB, tbai during the last 6re
,earp the constructions the capita estimated al
5i2cOo tpot and that .or 1850 alone the amount wa
qleetu o,ol while Ia 1850 only reached - oof ooo
10 one thing 10 adorn capital With splen
di bDspss spacious streets and borlcyards, and mag
nIncent squares but like every other passion, liable
20 BE- carried to mschlevous excess. 20 great
bition IN the OF public wo'ss has " fcsref far
evcsede, TIE dspossbc capital and 10 . certain degree
u.nae. the remark OF some persons that We have the
a,e,ifs noiba7vr established. Tho i,crease
Paris Of the WORKING CLASSES Tor the last I've years IL
sad 10 be very great. In many these costly Tn.
cerssrss have been without profit Many of the houses
hat have been demolished 10 make for build
nes might have served for years and several that have
been constructed at an immense outlay have remained
nnierancd The government, by urging on these works
beyond measure cccassoned the accumu alton o the
vortrg population In spot 10 tho prejudice OF the
Districts where during the compfant