New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-07-07
THE STATE OF EUROPE.

From Our Own Correspondent.
LONDON, Tuesday, June a. 1856.
1t is quite natural that in the midst of the terri
bic struggle in which you are engaged, and which
so deeply affects the destnes, not only Of the
United States, but of all civilized mankind, you
cannot devote much space to the affairs of Europe,
which are now in luIl, such often precedes the
ou,burst of a storm. We look with intense
anxiety across the Atlantic where the battle of
freedom is once more to be fought, and all the
leaders of the European movement, without ex-
ception, bestow their sympathes upon the Repub.
licans; they sufficiently know the hOllOwness of
the National Democratic party, whose standard.
bearers at Cincinnati were big mOuthed servle
poll icans, third.rate imbecile lawyers, vulgar,
ambitious demagOgues, and slippery Northern
doughfaces The names of the candidates for the
Democratic nominations excited the wonder of all
the democrats of Europe, and everybody asked
whether American society is so effete and barren
as to be unable to produce men of higher stand
ard than Cass and Pierce, Douglas and Buchanan
Let US hope that the Republican Convention has
concentrated its force upon man equally re-
nowned as an intrepid explorer of unknown
regions, and as a determined soldier; as man
of science and as friend OF Liberty.
mean, of course, Colonel Fremont, who would
carry ew life into the White House, and surrounded
by his associates, all of them young and oner
petic men, and not yet mummifed by protracted
residence at Washington, represent the real spirit
of the young Republic i'll North America. Blu.
chanan would EurOpeanize the United States and
bring them down to the level OF modern Europe,
where expediency reigns supreme and fidelity to
principles and the sentiment OF duty is rallied at
Under Fremont American nationality might once
more develop itself independently OF European
rOtions and once more become the State OF which
every free man on earth might be proud, as 1t was
under Washington and Jefferson. While so great
results treInble in the balance across the ocean,
society in Europe throws itself into the vortex OF
speculation and pleasure. The swlndlng es-
tabllshments called Credit MObjiers, are con-
tiuually spreading. Paris, BRUSSELS, Lisbon,
Madrid Jassy, Bucharest, Ccnstantinople and
Switzerland have all got such institutions, and
their operations, which concentrate the long-ac-
cumulated capitals OF Europe on the money mar
ket for stocn Obbing, are now so extended-em-
bracing railroads, water.wOrks, canals, gaswOrks,
importation of corn, foreign commerce and ship
pin g--that the inevitable crash, whenever 1t al
rives, must at once upset the finances OF Europe
and involve all the Continent ruin And
low iOng cdu suCn C.ssh oo Pie''.'~T - :,
damage caused by the foundations in France Is
estimated at 1880 million francs; the dene,ency
of the French Budget amounts, for the ias' 'erec
YEAR,, to 1900 millions and we ind from
the accounts that during this time seyenty-slx
millions were spent in useless public buildings in or,
der to afford labor to the workmen, that they mghs
no, become riotoas; while the experiment of keep
ing down the price of bread at Paris, for the last
year of scarcity, entailed loss OF my millions
Fybibitiop of 1855 amounts to eleven millions.
sun, in Spite of such alarming figures, the diiPay
of the Court exceeds any reasonable bounds The
diamonds which the Empress Eugene wore on the
occasion Of the Imperial christening were valued
| a, fifteen million francs, the dinner at the Hote,
| de Vile cost two hundred ard eighty thousand
frsuc,- fifty thousand francs being paid tor tas