The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-05-10

rapidly 70 los 900 roo then decI eased in the foo Wis
yeIs. only 10 amount aga to doaoe toe 1gare OF 1875
bp. seep in 1895 70 amount 10 ia oo0,oo0 te
"onay expenses. and 70 ioi 600 900 IN me ssa "a" :,
bnfy expenses, making tog tner Beary zto,oW,'
ao or abont qaadfuple the figure reached ten years
before Thanks to tho rednc'iops Already mentioned,
reduce the war budget 10 1913 0Q O0O respectively
III 100000 forms. And these the budgets
peace. II ID pseiess 10 say tba, in Consequence n
the vast armamcpts which Austria has made within
the last two months, she ~ day have largely To-
creased the maximum Hgufe Of 1866 war, however
small and little serious, viii rapidly double and triple
this beupethe war would be itself victorious for
the dayt0u jaime nGir (the yellow and black aag). IL
Austria 10 ssnion 80 support expense Of 600 600
toO to lt0,tt0ott OF 10IiDs yea?
We believe, by all means, that tho "par ioular re.
sources" (n aid Of which the government cane
to provide until the psssent opoi,ion-inSni,e
" weaker than it would be in case Of war
among ils enormous expenses and Us comparatively
ttbie reyenues) have vsDly commenced 10 be
dnmg late years, in the successive sale OF raiiw
shch The STATE Ia better times had constr ucted ous vi
lis own rDds or commenced to construct BIT tn most
ali naisd the Eae Of Ftme secondary bes for the
part uDsaleabe, would be ike a drop Of in.
melt wktp war against france and Sardaia Is enter
chasers.
On the other hand Austria at all times Indebted has
since ls4s Drawn largely the sources Of public c,eat
loans at home ard abroad; oabs nom lotteries, aud
pIemiuns voluntary ana forced loans have been tried
and exploded Since 1916, when the consolidated and
uoatpR debt was Increased 10 thousand aud eighty
eight millions OF AorDs, Dot single year 1858 has
parsed WITHOUT the augmentation oil lees
heavy. From Sl7 10 ls52-ba 10 say unt verge
VI the IN the East-the debt had 70 eight
bundled aud sixty eight millions Six hundred aad ninety
two thousand tsbt her bred and forty borns Il s
Ne u Ia The OF time bad been reduced by
ole hundred and thirty three millions; there remained
nevertheless, Increase II hundred and thirty live
niobs. which brought the debt - thousand eight
hundred and twenty three millions Of forms.
The three s0catd national loans OF 1854 have added
nearly In manner that notwihstan ding the
feeble reimburse mens maize 10 the Bank OF Vienna aud
Me Withdrawal Of certain quantity Of paper money,
the pubic debt Ia the years nom 1916 accrued TO
more Than $50 per cent and authentic documents into
whose details We cannot eIer for the Of space carry
il 1857 TO 100000 600 of orps winch 600 600
OF francs The payment OF interest abs0f nearly
hail Ct the ordinary revenues with the budget OF war to
which, In great measure It's existence the public
bs Ave sxts Of the ordinary res6urofs For tho
rest the government itself bias learned ds1an the duty
Of counting lis rsncal means and OF taking int cons
deIaton the con,tibuive ability Of It's people, which
VIII already Ono powerful Obstacle new loans an
attitude nothing ess encouraging to capital The complete
check which the last lOsD, comparatively small one
(I6 CQ0 and patronizcd by the iii financial DO ver
Of The age, has received ia England in this respect nj,
eloquent argument which renders ali commentary
cessary.
And yet they may b. on the eve of another uncertain
seriously begun, ard above ALL the fortune Of be
unfavo able TO Anstra? Austria, which years
peace Is Incapable OF assmilang its ordinary
s CT orm0us expenses and which will be more than ever
cpTtahed In extraordinary IN Of war will
sec herself orcioy and fatally carried into bankruptcy
To achieve tho ruin which will 10 the finances
and in the public riches Of the empire.