The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-11-14
From the Paris Univers, Oct. 26.l

lrIoHi tue rurls CniVers, OCt 20
Capitalists ensave governments Thanks to this state
Of things fifty individuals are masters of the eight
miards of money which feed the industry and the com
merce Of the world And il the debts Of the different
States be added together it will be that their annual
interest equals the of capital in circulation The
science Of finances has progressed and the people,
be not taken, will soon be penness This is humlatng
conformity with the principles Of our ccono-
msts Have they not decided that the people has hence
forth no need Of either gold silver Silver is flowing
away to the Indians and the Chinese, who but little
versed in political economy, while gold follows the
road Tho old balance Of trade prevented all these crises
but II founded doctrines which not ad.
mittcd. All that is now changed
[raris tOct 26) Correspondence Of the London Post
There not the slightest foundron for the that
there any intention to adopt forced circulation Of
The situation of the Bank OF France continues TO be sat
isacory indicates clearly that France has kept Of the
influence Of the crisis Thanks the measures of pre-.
caution that had been adopted the treasury of the bank
held 205 900 00 Saturday evening" and the issue of
bank notes had diminished by several millions.
The Chamberof Commerce OF Paris, late sitting de-
cided requesting the that the rate of
merca interest may be placed more IN harmony with the
present rate OF discount Of the Bank Of France.
Iparis (Oct 2l) correspondence of the London Post
As might be expected, We have had another gloomy
week at the Boursc and low quotations six days
since further decline has taken place railway shares
and all sorts OF securities Although the rate Of discount
higher than was ever known IN France sun We have
escaped drain of the precious metals In September
3s3 millions in silver left the country together with 81
millions in gold II is declared the return of the present
month will be much greater so that France may be
pcced TO buy largely the London market
for time To come These late expectations from
France have chiefly found their way 10 Germany A
large European banking house known 10 have oonsdera
Bile interests In Austria is said 10 have made great sacr
fees 10 keep the public credit at Vienna With all this
Austria = rea,ened with bankruptcy more complete
than she - ever vet experienced.
Upon the whole, France appears n be sailing through
this stormy pcrod-thanks 70 careful navigaton-lue
well could be hoped considering the OF sail she
carried when the crisis commenced. We have no great
failures 20 record at present and the opinion Of those
who ough, TO know that the extreme caution which pre-
walls nj the Bank OF France, well as elsewhere, will
prevent disasters The Crdn Mobsr certainly ds
tined is old reputation and sticks at 1856 There
IL very little doing IN paris-never less In modern times
Government has suppressed the small bourse by clearing
the Boulevard of the gambling agents who did much
illegtmae at night The public must go the regu-
lar known brokers' which will have the effect OF checking
a class Of business which so many have
pent Of