New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-05-12
THE STATE OF EUROPE.

From Our Own Correspondent
LONDON, Friday, April 3d. 1853.
Napoleon has found out that bis recent policy has
been Altogether suicidal, and after having trans
ported the suspected Republicans BY hundreds to
Algeria. and spread terror over France, he is now
frphteped by the results Of his ty rannical proceed
ings, and seeks retreat. L'Espinasse it is said,
will be dismiss 3D. and more decent form OF des-
potism replace the brutality Of the last few months.
The continued depression Of the money market has
induced the Emperor to consult the leading
fnancers of Paris about the necessary for
q revival of the activity at the Exchange. Roth
scbild bluntIy told him that the best measure would
be TO suspend the Monitur and semi official papers
for few months, since the fears OF the moneyed
classes are continually excited by the ndscreet and
bullying articles against either Austria or England
Accordingly the papers have been ordered to al
stain in future from similar attacks, and to pocket
the insult offered by the English jurymen aud press
in the case of Bernard. But while Paris and
France are to be treasured in this way the discus
sion of the Conspiracy bill IN Piedmont reveals
mysterious understanding between France and Sar-
dnia, fraught with danger to Austria and all
the Italian princes. Count CavOur, General
della Marmors, aud Messrs. Mamlin aud
Farini spoke openly Of their conviction that the
italian nationality cannot be sustained, except by
Imperial France. They, too, have learned how
barren and Improbable the English sympathes and
Palmerstonian blusterings always and everywhere
turn out and cling now to Napoleon, while they
Justly accuse the French Republic of 1913 OF uu-
friendly feelings toward Italy, and of marked re-
spect for Austria. Cayaignac, who had planned the
expedition against the Roman Republic for the
restoration OF the Pope, and who refused even the
loan of General to Sardinia against Austria, was
- L., Il
tine, that magnificent beggar, who took to Republic
canism after he ruined by his reckless extfava
gance admits in his recent exculpatOry letter that
he always advised Charles Albert not to make war
on Austria, and 10 leave the LOmbsrds to them
selves. This reminds me of Bastide, Cavaignac's
Minister of Foreign Affairs, who seriously told the
Hungarian Charge that the only chance for Hun
gary lay in making their movement a Roman Cath
ole and SlavOnic one. Whether CavOur's hopes
will ever be borne out s quite different question;
but 80 much is certain, that his disclosures have
made serious impression on the Austrian Cabinet.
1t feels uneasy and is ready to seize the oppOrtu-
nifty of the impending Paris Conferences for bring
ing up the state of Italy, and inquriOg into Napo.
Icons peninsuar policy. The present state of
alarm has become quite intolerable, and the compl
cations on account Of the seizure of the steamer
Cagliari threaten a European difficulty, unless
France shall abandon Sardinia to her fate i'll the
same way as England has done.
As regards England, the DERBY Government stlll
lasts on suferance but the successive blunders of
the India BILL the resistance to the Jews admission
to the House of Commons and to the abolition of
the Church rates, render its continuance next to
in possible 1t would already have been defeated
but for the violent feud between Lord John Russell
and Lord PalmerstOD, which divides the Whigs,
while the sO-called independent members despse
both of these as equally unwilling to be liberal,
md to attend to the welfare of the country in prefer
ence to ohgarchical party government. A most
able paper on party government III the last Vest
minister Rerie,o which gives deep insight into the
in England expresses the feelings of the enlightened
Radicals, and is therefore ignored by the daily pa
pers. which more or less remain connected with
the traditional parties. To-nights debate will de-
eide the fate of Derby and Dlsraeli, since Lord
John Russell, by an able cabal, has succeeded IN
putting himself at the head of the opposition against
the Dsraeli India resolutions, and may therefore,
1T one blow defeat both Derby and Pamerston.
The King of Prussia is still idiotic, but Manteuf
fel, his Minister expressed his firm conviction that
be will soon be- able to resume the functions OF
royalty.
The insurrectOn in Bosnia has suddenly subsidized
Prince Danilo of Montenegro is awed by the prox-
unity of Turkish troops. The Suez Canal, the
Island Of Perrin, and the Moldo w llachian Princi
pslites have disappeared from among the burning
auestioDs:" but all of them will soon be revived at
the Paris Conferences. This is the reason why
speculation is stagnant, though money is abun liant.
The present calm deceives nobody; the political
horizon remains cloudy and inauspcious TO enter
prises which require absence of difficulties.
Prince Napoleon is to be appointed yicerOy of
Algeria.