The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-10-04

down broad line on ths subjective should be perpetu
any al war We allow kings and subjects as rule to
settle these natters between themselves. We merely
give to the former advice WI ch we think win them
from the effects OF the OF the latter when they
when advice OF this sort Is treated with seorn-when II
fs met by inseence or evasop-when the certain
quences OF the course such threaten the peace Of
Europe the great alliance which has undertaken 70 keep
that peace bound make rome effort beyond that o.
have been found ins ectua The Allied Powoss DO not
interfere between the government and those whom
grievous5 misgoysrns. That is . measure which ca
only DC warranted BY very extreme state Of things
by the absolute pecefsy OF general agreement
store order, II I be found necessary by force
We have, however undoubtedly In such that
OF Naples, the right TO withdraw diplomatic forceto
decline all further according
se ana ou9 SS HSp %
cy which u running the iarest country In the world,
Snsn Persists s in oona %piDs 70 torture o. which we
No State, no man, accuse Of hasty dealing
cpitaon in this matter We have tried with the creates
care and patience TO make ourselves heard and under
stood by the monarch OF third rate 3ate We have
terly failed In all our attempts We have awaited cali,
the effects OF The mediation OF another Power That
Also failed We have nothing n but 70 decline any guise
OF ftiendy relations with system which Ia 80 abhor
rent TO u.s. to withdraw from all official com cation
with the author Of that sysem to protect our subjects
and our interests by the presence Of strong armed force
Naples may devise shor time viii show as how MS Ina,
sovereign will comprehend and how he will act on this
last and strongest argument of the Western Alliance
The Export Of silver to the East from Eu-
ropc.The Benefits to General Trade from
the Drain.
[Frm the London Times (Cty ArMcle,) Sept. 1sl
The expectation OF silver TO China is still attracting
lately excited stock market At the conclusion OF
the every calculated rapid recovery the
bsna bullion and an advance took place in the funds not
III but OF tho articpaons OF the still greater totals that
might be expected. Early in July an adverse turn
menced which has continued with scarcely ntermis
sion 70 the present time, and which seems likely gain
force The specie Grain to the East presents Itself the
only cause Of the disappointment, and q large
number of people who know that the movement
10 In some way connected with the rebellion in
Of the struggle seem 70 be se.ed with apprehenson
at the discovery, and to accept from another
something 70 excite permanent misgving and 70 disturb
OF the absorption OF silver on the Con nen Of the gold
sent from this side TO pay for IT, and Of the attempts OF
put up their rates Of discount or In France by the
impotent conrivance of buy ing gold at pre-
at its natural value the other to check the growing
Inconvenience Nevertheless every overland briDgs
nsws q . sn asmsna n rne cry n
production, the East will absorb ell at least will
taxi silver fcm Europe to an equal or greater extent
moments reflection the first principles OF
merce and finance will disspate tue anxiety There ID
no mysterious power the part of the Chinese
specie from US a, WILL They will get no more from
than they prepared TO purchase by full equivalent
and, unless can be shown that consuming their
goods in waste, and degree which earnings as
people ase not sufficient to warrant, VIC may rely that
however pertlnacousy they may insist having silver
and, that however carefully they may hoard It, they
cannot occasion 70 slightest dsarrange
mont.
Tho tesrDgs Of the whole question may be concssly
demonstrated. The financial position OF country must
depend solely the amount Of Its productions as com
pared with It's expenditure Taking this test there
moment AS regards productions ag rcultural and
mechanical, 10 bave just completed . harvest which,
tbs whole be propounced unexsmpled while Il Is es.i
mated that the value OF our manufactures exported th
yfar VIII exceed y ten millions s,erg the highest total
yet attained In the face OF this tho only question
have people INDUCED In exsravagao. consumption
OF foreign articles sufficient TO counteaiance the pros
pessty thus Indicated or have they been deluded into
fendng unusual amount abroad In the shape Of loans
Otherwise? The vst Of all persons, coupled
wiih the monthly stAisc Of the Board OF Tcsde viii
show there Is grounc for the fora er assamptou and
The answer u equally satisfactory the latter, since
aitaough large number OF nee for foreign railroad
OF ihf "a have passed, a. yet beyond tho rrcimentary
stage.
Ia such state OF affairs an unfavorable financial pros
Pect wtuld be anomalous and Incredible We might
therefore even II were unable TO 10 their
cuson the peculiar circumstances at present existing
rect in perfect confidence that The result viii be sa.i
tory.
But there is no difficulty in working out the problem,
Iast year tho total shipments Of bullion TO India ana
China were GisIT,6si Of waich only GT5I.s1j went
China. Tha year they have already amounted 10
The las, TWO or ,Sree months s Re dsmana Msna
Tor India fas been consequent on tho better mske for TIE
procrcc o that couLry orened by the Russian war the
effect OF which has tcarcely yet subsded, ard the
India Company In Londos abstaining from drawing
themselves Of the railway calls ob,sinsbls here al
per cent. Tho demand for China which has only
late and suddenly become scrors chiefly attributable
to the failure OF the coutlerE elk op ard the
quert prices al which ali the Chi,ese qualities
icing esgerly purchased. Ito other Influences OF
minor importance, but among them 10 be reekoned
the indsposition OF the people, while the rebellion Is
raging, TO purchase goods whether consisting OF Engsh
Of gsh goods hoxever 10 china during ,ee sss three
yeaIs has averaged only about 81 ooo and therefore
10 hllng on In inis Item could DO OF any moment and
the utmost amount OF the cmnutlon IN their consumption
Of opium would probably no, exceed ci 600 600. Hsnce
upon The silk payments ina, the gravity Of tho cac
fbs fact al once throws light upon the assertion that
England can sustain no sppreciaole injury from tse
point of snxoiy whether ,ho manufacturers Of Is ons OBJ
Obtain their staple from their own growers com
PEELED 70 bay e produce Of China but Ensand docs not
grow Fk, and therefore has always 10 pay for what sns
consumes. There reason to assume thxt this year
tc viii take, either In quantity or value, moro than her
commonly regulate such matters the augmentation Ia
price Is likely 10 more than equivalent degree check
be sbppo to foreign counties and in its eject on the
exchanges viii operate ~ u, instead Of silk, we had
received 50 much bailoa.
viii thus ultimately be repaid with the aditon Of
Considerable pron Tor cur services a carriers nsurers
specie which mus be submitted TO in tho Intervening pc
Rod calculated ~ contract circulation and perhaps
eccion eycn increase Of the nov regarded
East India houses IN London q that in the twelve months
from July, 1864 20 july, 1881, total OF rs 900 900 will
have 10 c raid "a China and India In OF that which
ras paid IN The preceding twelve months. This cscua
ton may be TOO high, hut IA well to ia cor
rcCtncss hey reckon increase Of $4,000, 900 the
and quantity OF silk, reduction OF 81 oco, 900 In
the value aud quantity Of the opium 10 be supplied
India 10 Chins ana Limitation Of ths drawings OF the IN
da house urcn the territorial revenues 10 &C. 600 be
the amount In this way there 10 f5, COO 900
more 70 ray and e oco oly os, 70 receive and sonsc
Such sum, added 10 Gf0 cco, 900 msyc, which was
the sD'oup. taken from in The twelve months 10 july
lass would make serious aggregate TO be provided ia
he ertuing season. There are, howcvsr, number OF
ccuEierac'rg circrrssrccs already sou,ng into play
which VII ster the prospect. Ia the drst place thero r
reason to suppose tnat the imports oenroioce rom
lndAR att tbs year approach Their pfcytoGs ttai. II s
believed that Ga 600 900 CO COO 900 ay struck on
ncudrg i Coo for rtce and e. ,ooc E30o0tod
sof seeds &C. IL II siao 70 be questioned Il the iuGil
hoEsc w &c able % Unit their drawings % the srour
contemplated They require between "a, 900 600 AMI
and ts,0S0,oc3 FOR their ds,ursements IN England, bot
hesitate 70 draw lest they should compel the ocal gov
pru mt a 70 X roS feaw tn ffs kar