The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-05-03


bought, how sacredly should they be cherished
The New European Nmc alsy--.r no Island
of fesis1.
Europe is lever quiet. In many respects We
are following IT example. We fud that domes
tic disensioDs are continually arising among
rs, OR whose muddy waves demagoyues and
parties ride into temporary power. But thus
far, happily, we have not shed each Others
blood In Europe, since the year 1900 more
than two millions Of unfOr tunate men have died
amid the horrors of war, brought about by
few privileged persons called kings, queens,
emperOrs and cabinet ministers. The bank OF =
river, q coveted port, = particular fertilization,
or question OF Oiicy. has been enough at any
time to rOuse thas continent to arms and to in
undate II with blood. A scratch of . pen In the
hand OF single parsonage has over aud over
again set nations by the ears, 50 that the world
has become suddenly changed; the greatest
events have followed the smallest, and. In
ebort, the ridiculous has ended III the sublime
The little town oil Boigrad not long since came
very near renewing tue Russian war, and aow
q barren rock in the strait, Of Babelmandel
threatens the pesce Of Europe.
Verify. as their name in the original signiles,
they may become the gate OF atflictiOn," and
Perrin, or III Mandel or Mehun-for tue island
bears all theee nalaes--may DO the latch which
Is to fasten or anfasten the gate. When the
French we're III Egypt, Sir DAVID Baird, with
British force from India, on his way to join Sir
John Hutchinson before Alexandria, occupied
Perrin aud part tally fortified it, and the works
remain In tOieTaole condition; but the island is
barren and sninhabitable. Its Importance ID
derived from Ito being the key, the Gibraltar Of
the Red Sea, and its command of the entrance
through the Straits England has Q very nice
appreciation Of euch places as these. 1t has the
key Of the Mediterranean and several small
keys beyond, such as Malta for example. 1t
has very pretty little spot in the North Sea-
called Heiisoland; it has q fancy for the Bay
Islands, aud ha- sized some small points ddppM
In the neigbborbood OF Honduras
The Perrin que stion takes this shape BY the
establishment Ut the overland routes to India
first BY Lieut.. Waghorn aud now the rapidly sp-
preaching completion eft the railway from Cairo
to Suez, the proposed Euphrates railway to the
Persian gulf by English CAPITALISTS aud the
canal of Susz by Lenneps and the French.
men, the trade of the East Is likely
TO take new direction. Tho voyages
to India, usually occupying from four to i've
months, via the Cape of Good Hope
will be less important upon the completion of
these transits 10y rails OF canal Indeed, il 10 |
thought the vast saving in time will divert the |
trade Of the East immediately from its former |
tracks The advantage of this you'd not DO |
confined to Eogiand alone. 1t is supposed that |
Russia, Turkey, Austria, Italy, France and |
Spain will all compete for share in such trade
~ this route may offer; and should the canal
be accomplished, which the English engineers
(for good reasons, perhapsJ say is impossible,
there is no doubt whatever that these nations
would at once attempt The trade, A writer In
IN Eoglish magazine, not long since, contem
plating the resu'ts Of this proposed canal of
Sues, remarb s:-" The navigator, after having
followed the usual easy routes Of the Mediter
raneap, would dispose Of part of his cargo In
the canal OF Suez OF at Djedda; would purchase
ivory at Ma-sarra, SoDaken or Derbera, which
he would exchange Ia India for opium to take
to China. in exchange for silk or tea; he would
complete his home cargo In colonial merchan-
disc from Manila, the isles Of Sunda aud
Ceylop, in the cotton Of India or Egypt In the
coffee of Aoyssinia or Yemen, the gum of
Soudan or Hedjaz, the corn of Lower Egypt, or
rice OF Damietta, and these numerous opera
tions, which now require years would be accom-
plished rapidly AID without danger, with small
cspita)s and In small vessels. Ia short, by re-
ducinp the time necessary for the operations OF
commerce, we reduce the general expense. We
make a greater number Of these changes FEAST
BILE in given time and facilitate them to small
traders. Who are by far the most numerous.
BY af'ording easier and surer route to navi-
CATION. we find 1t may be accomplished 10y yes
GELS of email tonnage, provided with bills Of ex-
change; in short, II opens the route to India
TO coastins vessels and renders commerce and
navigation general Turkey, Russia, Austria,
Italy and Southern Spain might then NJ out
vessels for India, and these Powers would dad
their maritime resources Increase in inverse
proportion Msrreilles would become more i'm
portsnt and the ports on the ocesn-Cadiz, Lis
bon, Havre, Rotterdam and Hamburg-would
increase their shipping like England, suddeoly
brought near lite powerful colony like Spain
and Holland with respect to Manila
ard Batavia; In short, the increase OF
trade con petition on one hand, and the
vast diminution Of expense on the other
would doubtless tend to lessen the rates
OF exchange. The produce Of Asia would
abound In our markets; the Asiatc markets
would in their turn be rich 10 ours, and gene
raj good would be the necessary result. All
nations would take advantage Of the Importance
of the trade with India, China aud the islands
of the ocean"
II this be true, and II these results are likely
A. faiioyu Aho combination of the Canal of 9uez