The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1856-02-07
ExuIting too Soon.

- The civilizations Of the English press at the pros
pect OF peace show very clearly that Russia is NO
ihs only party which has suffered from the contest
and which has reason for apprehension in the fu
sure In the article which we subjoin the Londol
Globe in its ecstaey over the supposed willingness
of Russia to come to terms nnwittingly disclose
that q prolongation of the war would be ruin t,
the trade of England, which is already almost pa
ralyzed and that it would, in the end spread like
q devastating confagration over the whole cont
nent Of Europe ...
.tlI sa1. From the London Globe !
The announcement, as may well be supposed
caused the greatest excitement In the metropolis
AT the Stock Exchange the effect upon the Fund.-
was unprecedented In fact, every class appeared
heartily rejoiced at the first CLEAN OF hope which
has presented itself since the commencement Of
hostilities. That the intelligence can be relied up
on there can be no doubt. 1t is from Authentic
sources, and other telegraphc messages confirm
ths glorious news. If any further evidence was
required of the eager desire of every rational man
in both Kingdoms, for peace, il would be confirmed
sy tho joyful eountenances borne yesterday by the
citizens of Paris and London In the former city
the effect upon the Bourse was, II possible more
favorable than even upon our own Exchange,
No man in France more sincerely rejoces at the
suspicious turn of events than our august ally him.
self the Emperor Napoleon He Is well aware
that q prolo,gation of the war would, in tho end,
spread like devastating CONFEDERATION over the
whole Continent OF Europe; and the shock of SO
tremendous q clash of arms would have rocked to
their very centres old dynastes- and made mon
Srchs treInble upon their thrones. The continus.
lion of the has already almost paralysed trade
money has become scarce, and Interest has been
demanded at almost ruinous rates by even our
Bank of England; provisions, and the common ne
eessaries of fe have arrived at starvation prices
and after two years war such is the state of af.
fairs what would II be three years hencef Nothing
less than national bankruptcy.
We cannot, as a matter of course, enter into the
full details of the ratifation of the terms of peace
and the necessary steps which will precede that
event At the present moment the world is too
tauch engressed at the realization of its fondest
hopes '.Peace-to calmly enter into details Of mi.
nuta. The news is SO sudden, unexpected and
glorious, that men can only turn their thoughts
to one source, and offer up 10 Heaven the outpour
iBgs of grateful hearts at the brilliant prospect
which has inangurated the year 1856 "a
since the article of the Globe has appeared, it
turns out that the British journals were hurraing
before they are out of the woods. The Emperor
Of Russia has accepted the propositions of the al
hes only as basis Tor further negotiations, and
the word basis will probably prove nothing but
foundation for vast amount of quibbling and
special pleading. With England in danger of
t''dl parslysis of her trade and the Emperor Ma
poleon dreading universal European confagra-
lion, is the Gar likely to accept such humiliating
terms as the allies have proposed b ... ..
The whole war teaches US Americans one preg-
nant lesson;
beware of entrance to a quarrel" p .'h