The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-10-27
OUR EURoPBAN CORRESPONDENCE.
THE FINANCIAL REYULNON N EUROPE,
10, 40, 40

fHB FINANCIAL REYULSION IN EUROPE,
10, 10, 40
Our London Correspondence
Lospos. Oct 10, 1884,
me Financial Cro in Ftance-7Ae Neapoluan Question:
TIE Vndi1 in he stte Hials AZ Napas- Pyopo t,s0a
from he HING 70 ne Courts u France and E.and1ns
Ns,o SIsJnsA ambassador 70 Washsags1a.
Financial matters AGAIN take The precedence Of political
Affairs.
Ny ass letter will have some degree prepared you
for the Announcement something like financial crisis
In France There - an old French proverb-"Q1 sen
ewe s0ccase" believe that more correct criticism
could be given in twenty pages 'repor TO the Em
peyoT" OF NJ Msgne, the French Minister OF Finance r.
Aagne tries TO make out n ere s Crisis NO
aounl, be says-but Il mistake. France ought never
to be more prosperous Than ii the present 10
attack Of Illness arising from too much good health
V0ylG tcGars.
You wiz BY tho city articles the leading London
journals that they take very different Wow Of the pre-
sent financial prospects Of France. II h impossible In
acf to arrive II any other conclusion uan that there
something rotten in the state Of that country.
Now financial crisis In France Affects the London Stock
Exchange which affects the Bourses Of =. great capitals
ana TIE result ~ that the money market OF Europe b s
the present moment In . very unsettled sts4s
As regards France the matter 70 more serious Tue
-
unworthy Of observation that deputat,oa Of ouwiers
waited upon LOUIS Napoleon n 81 Cloud and most
prevails. The following extract is from the Paris
pondens OF The Tines. The Paris press you know
gsgged md these homo truths viii doubtless make some
sensation in the PnIsian capital
he Neaposn question remains Ia adtu quo. The
eets have not yet made their appearance the Bay
Naples
me effect Of the incnna.son shown by the Western
Powers, "a however discernab In . saiusary manper In
The verdict iust gisen a. Naples the political trials.
fvnv AoV.la AasaA All
Inc p tical trial is concluded following SEN
shmeDt Tor hfa MauYo do Angels xelve years. and
The prsst De Coco for two years The monk Ruggsero
and snother have been set a. liberty.
The King and the Duke Of Calabra arrived here from
aae'a the seth uk.
General Martini has received by the King and at
the conclusion Of the conference council OF Ministers
Another despatch from vienns, of the sth says
ARrseaby 70 ommuDcation from Naples, Of tho 29h,
published in the Austrian Gazette II would appear that
the King OF Naples has written 70 Queen Victoria and the
Emperor Napoleon that he DESTROYS Of taking part
nown the act Of amnesty ana the organic reforms
MS intention 70 grant.
royal fes1ee, published In the Madrid Gsste OF the
sh. appoints n Tasssrs Spanish Ambassador Wash.
ns9on . :, v..,,..
Professor Morse and M Cyrus Field, OF New York. bad
an Interview yesterday with Lord C'arendoa.
Our Paris Correspondence.
PARIS Oot 9, 1885,
The Panic on TIE Bo3rse-ls Posscal Egects-kzm~Ssp
gPopalar Observation-Disclosures Operations At Ne Hsue
-RAurn Of Prince NaposeoN-HeolA Of ne Emperor,
de-, &C.
TIE effect Of he Emperor's arrival u 81 Cloud, which
event occurred Thursday last already becoming ap
parent in the busting If gayey, aspect Of the
capital The late bitterly cold and stormy weather has
acted dsasousy the interests Of tho various places
u summer resort and, consequence, beneacaliy on
fars which, In default Of s usual snalant was begin
ang 10 anguish sadly.
AT tho same time, fronk MALTA fO>s 10 virgiian
reflection always worthy Of remembrance. Beneath tho
nuter caused by The Temperance OF tho chief OF
state there thick, aombre, murky sediment curdlng
iermeDt and squirting up from time TO uune rank and
ioul erupons, which infect the air and mako the
careless pause they pass 70 and iro In the money
market the panic wh,h the three per cents TO
tall in one day two Dsncs and which partially 70
covered on the understanding that statement about
to be made In the AoHielr Of peculiarly 70 assuring
character, has again fallen all Securities and noswh-
standing that Monday the official Journal published in
I. columns . report from The Minister Of Finance, IN
which stated that the embarrassmenu complained
Of did not arise from any fundamental vice. but rather
from temporary causes, which were . proof Of tho
countrys extraordinary prosperity, shown by excel
ent position Of the treasury Notwithstanding that the
report stated that the nrs we're already
paid up and the instruments Of the last one, which viii
10 meet the remaining expenses Of The war;
being paid with remarkable exacttudethat the public
augmented In proportion before seen-thas
the taxes paid without cost and in ADVANCE
that money continued TO ow into the public ueasuries
hat the payment Of the last half years. dividend the
'ente gave reserve Of 900
ng say, this array Of figures STEPPED In lavender and
rounded Oh with such brilliant explanations, the panic
ircken securities api,aed only lew confines
which, probably before post time win be balanced by
rtdissment Of far moro considerable proportion.
And while these agitaions are apparent the B,urse
while tha, superb cdhce modelled after tho best types
1.-THE Gr,eian era, rocked 70 lis ounda Ions by the
ran,c yens of Ia densely crowded floor he women,
excluded from the inner mysteries OF that gorgeous
empie OF MAmmon, prowi about ia exterior with son.
oiselets and cat like tread ready W bound with tiger
prirg the nrsi scintllaton indicative OF up ward
1ovement the tire they have made the popuace
the back streets Of the sums and hiding places of the
operative departments Of the capital not iile.
Ia peces,arily the misfortune placed In Em.
,erors posiiop that his must less be Identified
with evil than with good he not have the oat which
Afforded by The orsinaiion OF beneficial decrees with
being exposed the counter blast which attends la
ere matter how accidental The cause the ss miieu
an fnensn throne would probably DC uuch Voc tame
30 soaring spirit; he must, therefore, be prcprcd TO
de on the whirlwnd, sometimes permitted 10 bass 10
sunshine OF the hercer rays Of human glory. Well
ow at this moment, there seems lowering IN that
orion, whose brightness has hitherto appeared daz
sre; there a wsssns Of the bead and sinister obser
alton evident in places not given 70 make strong
objections, and comparisons Of an omenous, symbol.
ucai character are lei fall. such thas ou- I'm.
ire, fear, Colossus with feet Of clay, nblini
s has stricken the stars only 70 make the dust ofhu
nsniiy nore palpsble, more humliangn But however,
uch not the form which doubt and fear and bttsrncss
spirit in the dark OF the Fsubours 81
ens, Of - Antoine, OF the purleus and suburbs who're
ne class Of ouwies chiefly ctngregate In the presen,
tate Of vsant censorship TO pscard the walls TO utter
and vociieou cries ls possibe but the
ocy which has bound their huds rcstr,c, the
srte ingenuity Of the French brain, and The following
evce has been hn upon Of rvirr uerance 10 the opu
ar discontsntrent 10 the cd thoroushares
aicels inrepcusiy made Up Of sun paper canvass or