The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-11-22

PARIS, Oct. 30, 1857.
Reaction of the american Crisis-IAe Prfncipalities
Question- Re-ascendancy Of English Influence in
Itnkey-Soreness of the French Government ON
the Subject-Ne,c Churches for Foreign Residents
The Theatres. Sc, &c.
The continuation of the American crisis filings
shadow over everything here. The knowledge that
even the high rate of discount TO which the Bank of
England has reached has not prevented upwards Of
f600 900 in gold from being despatched to New
York, half OF which was sent at all events within
the last two weeks, in the very teeth of the rise,
serves TO increase the depression of all the CONNER
cial classes In addition 10 this il is known that the
demand for silver in India is greatly adding TO the
complications of the money market.
certain depression Of political character pre-
walls also regarding these inteminable Principates
which many begin seriously to fear will ultimately
prove the proximate cause Of a disturbance OF the
existing amicable relations between France and
England. The soreness Of the government journals
on this question is, assure you but faint echo Of
what is said in those political circles from which
public opinion in such matters takes its rise II has
80 long been fayorite idea Of these that Rowman
kingdom should be established where French in
fuence might prove potent as that Of Russia ut
Athens that now when the Sultan has fairly set his
heel upon it, and thrown the weight of his influence
directly against the long and intricate skein Of
Franco.isussan diplomacy in the matter, there is a
disposition 90 offence in France which, at the pre-
sent moment, Is not by any means lessened by
the English difficulties in India, even though
the fall Of Delhi has just occurred Earl Cow
ley, the British Ambassador, il somewhat osten-
tatiously asked 10 spend a fortnight at Com
pegne, while the hospitality extended To the Rus
sian Envoy IL limited to one week, but nobody IL
miscd by any byplay OF this kind. IL Is very well
known that excessive soreness respecting the Moldo-
Wallaolian question does prevail in the imperial
councils. that Lord Cowley has been perfectly made
10 understand a. much and that the Frightening Of
Lord Palmerstons Indian prospects has much to do
with the lrmness OF the English Cabinet on the
question.
Reschid Pachas return to power. under the ausp
ces of Lord Stratford de Redche, il gall and worm
wood 10 the Fanco-Russian party, in which category
may in truth. h. comprised the majority Of the ma
ton. The Crmca II Is said still fumes with the
blood q French soldiers The armies Of France
and her fleets have only just quilted the East after
supporting heroic conflict. France has disburscd
sum equivalent 70 fs00U0 900 sterling, and sacri-
feed 100000 men-a sacrifice that deserved more
gard than j. al present exhibited by the Ottoman
empire. II Turkey il Is said, should compromise 50
thoughtlessly the results Of this war, il must he
known that France will not allow them TO be for
teted.
The Pays. whose imperial inspiration Is undcna-
bic, has the following rcfections:-"Only few
months ago Rcschid fell from power rather than
concede TO the majority of the European Powers the
annulment Of the illegal elections which had taken
place In Modavia and; as the natural con-
sequence Of that event. the principal support
Of Reschd Lord Stratford de Redclife, was COM
PEELED 10 sacrifice bis personal ideas to the clearly
expressed policy Of hi- government. IL has ire
quently been said, and IL j. fatality which weighs
on the public life Of Reschid Pscha that that states
cannot exist without Lord Redclife: on the
other hand, the English ambassador cannot retain
his predominant influence unless when Reschd -
minister. The Porte has long struggled against this
twofold influence which has been more injurious TO
than can well he imagined History IL TO Judge
whether Turkey has well understood her part and
her destiny and will declare whether the government
obligations towards the Western powers and par.
ucularly towards France the oldest and IL NAV be
said without wounding the suaceptjbilities of any
one The most disniercstod Of its allies History il 70
state that IN three years which have followed the
conclusion ~ the treaty Of Paris the Porte has an.
pesred more occupied in turning 10 account ts
benefits than in accepting ia prescriptions and that
the remembrance Of the services which has ~.
ceived has generally appeared rather TO embarass
than 70 guide II in it, line Of conduct We do not
zee that in reality, the Porte has gained anything
BY allowing itself 10 be thus led away into path
where more than one man IL prepared for
il. Public opinion has by degrees deserted
it. and even feels astonished at having ever
felt ~ much interest IN IT. fate The
last episode which has just crowned the long
series Of ntrigues will not restore To Turkey what
abe has lost IN the sympathies Of the civilized world
The last question which remains 70 be settled, &C
cording a. the solutions Indicated IN the treaty
Of Psrs-that Of the Princpslities-will shortly be
brought forward before the Congress. The new com
bnation adopted by the Porte appears TO Indicate an
intention Of struggle. Happily, the European GO
yernments do not allow themselves 70 be guided
either by the passions the exctefnents Of the mo
msot and whstever may be the sense of what has
lqri taken place at Constantnope II V certain that