The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-01-04
AFFAIRS IN EUROPE.
Our London, Paris and Vienna Correspondence,
10, &C., 10.


LONDON Dec. IA, 1850
TIE Capitalization Q. Kar1Anoher Defeat Of the Rassiass
in The Crimea-7ne Enemies Of Democratic ideos IN Eng
land A,r,oss 10 Put an End 10 TIE War-TAe London
inns Reading a Sharp Lesson TO Prince AtevT-4aeri
can PyolirIties of Punca-7ne CHrreney-4r Buchanan
ana ne Enoiish Pu6l,c-7ae Presidential Election, de-
The last event of Eastern campaign Is victory Tor
Russia Kars city Asistc Turkey, long besieged ~
the RuzsAn army Of the Caucasus sad which wAs only
lately rspuised has fallen last into the hands Of the
besiegers success of krna sadly wanted to
relieve the that had taken possession OF
the friends Of Russia, WAC naturally dsprted by
the loog uninterrupted succession hch had
beiAlisn the Russian in every quarter alike. The
capture Of KArs, though satisfaction the victors Is
OF no great moment for any advance into the heart OF
Turkey Is out Of the question. 1t was supposed that
Omer Pasha would effect diversion and succeed in saw
ing Kars but though successful In his first rencontres
with the enemy he failed TO accomplish main object
What he Is about We are let 70 conjecture for attery
he seems &c have m sde progress
In the Crimea II appears the Russians do not intend
let the Allies doze the winter in pleasant dlenes
for the last brings the fact
In some force upon the outposs Of the French army
There was nothing gained cr lost Of consequence
either side but it is clear that Gortschakof means
keep his men up to thar work. and the Allies viii be
obliged to sleep in their har
Rumors of peace stil a, ing about, but they
lost their charm Change slresdy As said last week.
great efforts making by he friends OF the monarchi
cal principle in England and of it, to put end to
this wa- which it Is feared M only end il the further
development of democratic ideas This very likely, in
deed; but stopping the The present crisis not
so easy mater cipomatists may fancy The people
OF England take deep interest in s continuance, and
they viii never quietly sequieoe IN its termination but
by the affect humiliation of Russia The Prime Minister
Epox f,ia L. ra;rt
vi 81 70 60 en- he desires 70 inhct heavy blow
what the views Of the French Lmpero. this vital
point FOR if he does coincide with Lord Pamerston
In his policy it is evident h,stiss must
The not generally popular in France as il is in
England French iuers far less seriously in
volvei. It is g-eat fer Englaad to prevent
Russia advancing tcward- W-4tera Asia, for her
premaey in the East ladiaa might be endangered
hereby. TIE French, the other hand have no in
terest to protect that qusTte, though i; is political
necessity with them that Russia should not either in
tina; quarter in Europe assume proportions that
would her dangerous pepondersnce 1t is said
that ready to ed terms that would satisfy
both Enelsd France but would they equally satisfy
the people well as the 1oyetnnentss ms nowadays
it is to take into 9nsderaon Nous rerroas
The Times Of this raorr,pg administers rebuke
to Prince Albert lending his influence to upset some
recent and very reforms effected IN tae army
The object of the royal il TO restore some unjust
advantages given to the enod troops over the rest
of the a. NY that were only lately abrogated 10 ccmpd
ance with the popular wish, the 7,mrs tells his Royal
Hehness, in plain but deeorops English, that he
had better remernbeT WIN be Is that as the
Queens husband he is emitted o. al respect, but that 1t
nisel for him not NEEDLE il the affairs OF the
ton that don't hin, SHOVE all, tia he bad bet
ter not set himself opoosi cn tn the popular feel
ngs of the country and seek 10 restore ablses that Il
WIS n tn all 70
will be intensely dgustei nj hi. out, ageois i'm
pertinence Ct the tories doubt bu he will be Obliged
to take the bint and withdraw from the ocious inter
meddlitg in question. Royalty must be on its best
behavior In Engiard days for the len is begin
money it costs.
By the by in proof Of wat said lately Of the popular
point to very dcggrl The London Punch
of this week That ssgs.icus hsbd m ada has keen
scent which reveals self n -ouzh III its fun and when
II opens its arms and Frankly proposes 10 take brother
Jonathan to is bosom may be v has discovered
which way tne popular oreez~ i blowing in England
have attracted sttention hee. Tn is lively discus
sion gorg in 'he journals he everlasting topic Of
ard discount is dear aud difficult small capitalists
hampered AID trade If d turbe Thus is just the crisis
to brr out tie quak dostors Of finance who ready
with thci- in!alibe noerums all forms OF money
disorder AID restore the world perfect millennium Of
trade and prosperity. All Their remedies on in.
papermoney. which they ccslare il is Only neces-
sa.y TO take in unlimited does, and the national
veal Is FOREVER Non" % tntn condescend 70
explain the ingredients Of their recipe 10 other words
al Of them wise 10 commit nenslves by Offering
any ps for out their theme OF increasing the
circulation by the inordinate issue of paper money
However ingenious the les OF these currency nkers
they overlook in their culsjons the simplest axoms
Of finance and either Of forget that the
only safe basis circulation The capital actual
wealth Of country II b. artificial the circulat
ing medium il dstended beyond this inevitable col
lapse later mast " the result Let them pro
vide against this VI they
Some has be-o erea ed here By
OF Mr.. Buchanans suppresd letter 70 tie Times Of No
vember LIST copied by thu London journals from the NEW
YsBK HERALD 1t IL considered all sides both unusual
sad indecent the Times drst utter unfounded
cha agaios the Minister and next to refuse
any reparston Of the insult Such conduct as this COM
promises the dignity character Of this leading
journal whilst the American Minister, far from being
damaged by such unfsrness receives nj last full com
saton In the sympathy % the public We are oil very
curi1u TO know shat is b. lone With Ar Champion,
and next the American dispute Is TO be dis
posed Of The Presidency seems 70 be wrapt in
thick mist, though the American world here CONSIDER
the democratic candidate the best man. Is 1t TO be
another unknown or on- of our leadirg statesmeny
A NEW YORKER.
Our Paris Correspondence.
PANS Ter Ia 1855