The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-08-28
THE DANuBIAN PRIyCIPALITIES.

The rIcnipocntiarcs of the European Powers
assembled in conference at Paris have completed
the long-alkcd of, and apparently arduOus task of
the reorganization of the Danubian Principalies--
Modayia and Wallachia-and have only to
range aS to the navigation the Danube, which will
completely settle ''thc Eastern question: They have
decided that there shall be sort of administrative
union OF the two provinces and that they shall have
4 representative assembly based on n very high
electoral qualifications but the political union, the
lhuePehdGnt Government, and constitutional mon
archy winch the ROuman people demanded and
winch France and Russia seemed at one time anX-
lous to grant, have been completely ignored, and
the rule Of the Sublime Porte left IN statt qUo as
absolute as ever, and as obnoxious to the Molda-
vians and Wallachians.
lhcre were many good and cOgent reasons for
the adoption OF this course by the European Pow
crs. The great object for which the Crimean war
was undertaken was toprotcct the Turkish Emzire
ana when, alter two years exhaustive and vast
me campaign, peace. was concluded, one of the
chief articles in the treaty was an agreement to
preserve and guard the integrity of the Turkish
Empire II the Powers which signed that treaty
hadalded two of the richest and most important
provinces OF that Empire in shaking off the Sui
tan yoke, and forming State totally Independent
OF turkey, except as regards the payment Of an
insignificant tribute to the Suzerain; if they had
dlSregarded the Sutan's protest against this pro-
posed ACKNOWLEDGMENT of his dominions and thus
not only deprived him of the Principalities, but
couraged all the other Christian provinces of Tur-
Key to declare their Independence and establish
governments Of their own. how could they have
reconclcd Such conduct with their preyious prom-
Uses 50 soiemnly given, and would it not have been
a practical stultltcation of the policy by which
SebaStopo was beseged and Russia driven bevond
the Pruth?
The union of the Principalities rs an independent
constitutional monarchy would have been exceed
!ngy unsatisfactory, very dangerous TO Austria
naSmuch as it would almost certainly have led TO
widespread discomfort among the Rouman subjects
OF ms Apostolic Majesty, and probably among his
SclavOnian provinces. England which had no
direct interest in the matter, and only desired TO
preserve peace an avoid creating future causes
OF contention, by Strengthening the Porto and
weakening Russia, that were Rouman kinU-
dom to be established on the borders of Russia
Austria. and Turkey, the last named would he os
sentially and seriously iniured that Austria would
be exposed to constant danger and internal strife
and disatcction and that Russia would take adyan-
tage OF that state of things to make the new king
dom second Greece, whence she could intripue
against Turkey and injure her rival, ''ungrateful
Austria" She knew that were this to be the re-
suit the Obiect for which the ROumans were con-
tending, namely, "independence, freedom and ma
teria progress would not be attained and there
fore, she resolved that it safer wiser and better
not to disturb the relations between the Principa-
ties and the Sultan, but to coninc her exertions
to obtain some substantial amcuratinn of the
administrative system hitherto practised by the
Porte. After considerable negotiation she has ot
length persuaded France that her views were wise
and ought to be adopted and the result is that the
Conferences have rcorganzcd the Prucipaties as
England thought it should be DONE Russia is said
to be displeased, bnt sullen and Moldavia and
Wallachia are described very indignant and
ready, with arms in their hands, to declare their
independence. 1t is not likely, however, that
RusSiaS displeasure will assume any very danger
Gus form, and past experience of Rouman inSurrcc-
uons (lSlS) ustiiies the belief that they are not
much to be dreaded.-Jo"rHol Of Commerce.