The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-08-02

TTOm tie ClOSe Vi tuo Siiiiooh Wal " tho PiNe-
ent time almost the whole civilized world has been
in state of fermentation. Scarcely had hostil-
ties terminated with Russia before England was
engaged in a brief conflict with Persia Then
followed the troubles with China and the attack
upon Canton. In the midst of this hostile demon
stration the Sepoy Rebellion, in India occurred.
In the meantime diplomatic misunderstanding
had arisen with regard to the future organization
of the Danuban Princpalities. To this succeeded
the intense excitement growing out of the Orsini
Conspiracy, and the collateral issues to which it
gave rise Then came the affair of the Cagliari next
an instruction in Gambia; after that a sanguin-
airy revolt in Montenegro, and now we have intel
igence that the Christians of Jeddah have been
massacred by Mosem fanatics; that 'the sick man
Turkey has been seized with relapse, and that
suffering as he does under the double affection of
chronic impecunosity and paralysis of the ex-
tremties there is no longer any hope entertained
of his restoration to health But in addition to
all these fruitful causes of present and future COM
plcations, there grave points of dispute also
pending between France and Austria; between the
Germanc Confederation and Denmark aud there
are foreshadowings of difficulty between England
and Spain. LOUIS NAPOLEON is increasing his
naval armament; England is strengthening her
Channel Fleet and her coast defences; Austria is
fortifyng Belgium is fortifying; the Papal States
certifying; Naples is forfying; and yet we are
told that these martial preparations are simply
precautionary measures, that there is peace in Eu-
rope that the entente cordiale will be maintained
and that the Diplomatic Congress now assembled
at Paris, will in all probability be enabled before
the close of the session to adjust satisfactorily the
various questions which are at present made the
subjects of international controversy To prove
to the world that even if it was true that on the
advent of the Derby Ministry to power, England
and France were rapidly drifting into with
each other, as was publicly stated by Mr.. DIS
RAELI, perfectly good understanding has been re-
established between the two governments Queen
VICTORIA has accepted the invitation of LOUIS NApo-
LEON Ito add by her presence an additional charm
and prestige to the imposing ceremonies that are
designed to celebrate the Inauguration of the newly
completed naval port of Cherbourg and the CON-
pleton of the railway that is to connect Cherbourg
with Paris. But this interchange of royal courte-
sizes, however much it may be dictated by wise
policy on the part of the respective governments
Is far from meeting with popular approval The Lon
don Times recalls the fact that the naval arsenal and
dock at Cherbourg was originally "planned bv
"Vauban in spirit of hostility to England, was
undertaken by LOUIS XIV in the same spirit, was
'carried on by the First NAPOLEON with the same
'tview, and has been completed by NAPOLEON III,
with every feeling ofamity and good will towards
'the country which it menaces." Every succeed
ing day makes it more and more manifest that the
alliance ayStinu batyvaan Franco
though essential to the best interests of both ma
tons, is alliance of cabinets and meets with no
cordial support from the great body of the people,
1t may continue for years or it may be broken
off within a month, for its term of dura-
ton is dependent solely upon the pressure ex-
erted upon LOUIS NAPOLEON by the exgences of
his position and upon the degree of prudence
manifested by the English Government. If we
turn now to our continent we shall find SINH
lar elements of disturbance at work. The present
condition of Republican Mexico strkngly resem-
bles that of ''the sick man Turkey" The mad
ambition of a military oligarchy has broken down
the energies of the people, laid waste their fertile
fields, rendered mining operations precarious and
uncertain and fostered so bitter spirit of animosi-
ty between the various members of the conederacy,
restore harmony between the contending factions,
and to re-establish strong central government
With New Granada and Paraguay, and with the
Central American Provinces of Costa RIGA and
Nicaragua our own relations are by no means
satisfactory; while from the immense number of
American citizens now focking to the newly dis
covered gold region of Frazer river, we have
every reason to apprehend fresh controversy with
Great Britain, originating either from outrages
committed by the miners themselves, from Indian
spoaton, from some real or fancied grievances,
of which they already begin to complain. From
the existence of SO many provocations to war,
either actual in embryo, it is evident that the
peace of Europe, and the tranquility of our own
continent, can only be maintained by the exercise
of great forbearance with regard to all matters |
that do not directly affect the national honor and
dignity, and by a steadfast adherence upon all
questions that are subjects of international dispute
to firm and decided, yet conciliatory line of
policy.