The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-04-30

about six millions year Thg gives Ms an idea OF her en-
tsrrassmepts even at epoch when Austria was not
forced 10 Iut herselt on q war iooting
Il seems nov positive fac, thattbe governne II, wing
20 the failure OF he negotiated oy the Messrs RJths
child has bern olg,d 10 Arbitrarily seize the u.tstie
sTu, d.Tosaed The Bank Of Vts"a IL u.s. besides, sf
frmed that the secretary Of Finances being unable To face
the wants OF the treasury proposes 70 nave recourse 10
forced loan. One knows that this system Is not tried Ia
Austria where has to obtain by force what 10 other
oouniriesand among others, in Francois generously
The public debt Of Austria last year, according 10
the Almanach de Gotha, 524 $40 $40 francs Neither
those bges the expenses now made by the Cabinet
of Vienna certainly not such 10 promote the conh
dence Of the bankers In fact tho greatest bankers oil the
empire, Mesrs dc Rothschld aud Monelore among 9TH
with the government principally on account OF
10 the Jews We will only state ~ day that the
financial condition OF tho Lom6rdo, venitian Kingdom is
Tunous and far from tranquzng the creditors Of the
State We do not want any other example thereof than
the land tax. Since 1916 the provinces OF Lombardy
and Venitia have paid into the treasury OF the
State yearly Of 9S9 pounds that is say,
40 per OF their taxed ncome the loans Of 1S4S aud
1854 600 milons) have encountered that same nsom,
with two thirds. We leave side the provincial and
mercia taxes, which very onerous To those two
provinces the land tax represents then % per
than all the other Austrian pr0vinces exceeds by ID
francs 10 per cent the land tax OF France.
AS If those charges had not been sufficient decree Of
Monecucco ls49 the land tax Of SO per cent
The Constutiomnel asserts that since 1916, the L,m-
ba'do Venetian kingdom has yearly sent to Vienna about
The book, "L'Ausriche en- Lombardien published in
1B49 by enpoye OF the pubic debts administrator,
estimates the amount rs nearly double.
IT, ther efore Austria has in few months expended her
regular income the metallic reserve Of the Bank of Wen
ma the fry millions furnished by the Duke Of Modena,
naturally perceive that she has the only alternative
either to force her eubectsand among others the Lom
with funds TO declare herself In state Of bankruptcy
THE INDIAN LOAN OF THIRTYFIvE MILLIONS OF
DOLLARS.
TFrom the London News (City Article) April l2l
late this eveDpg-some hours after the close OF the
Stock E1change-he official notification Of the Indian Loan
was made, in the annexed FORM
Tho ary of Stat. for India dse il
be viii be II Or esf 70 u oScss on rSs sd the
years seom OF debenures either BY the de-
Tss hs ss S
= o. and
sssts NE n
payment at At the expiration Ave from the 9h
Ike state
boy rSs will Re BE- o s. Of he
this and ID sysr r the s lure the
each denomination Of debentures
Of G cen, upon the u re must
no; bsDs and parties u's be careful not
Of State s on 1852 a.
cent Of sse sen On 81
the respective Will be cscusted
the rate Of sper cent Per anum upon the anticipated pay
equality beyond amour. required.
they WI be subject 70 gro rata "a, dimnaon
iyered exchange 0r the dsbsn rss when PREPARED
No a nor be a ~ S1s .. h said IGN
obtained a. the eneras den OF this oice
or Of Mr. Henry Scott Is ihrogmortsn street
This loan Is announced at an nopportune moment but
its absorption only question Of price, TIE point winch
will Immediately strike attention, likely have consl-
derable effect upon the money market, the extraord-
nary rapidly with which the amount is TO be paid
Ss Of nss ns s
from the present cate the entire loan to be qudated
This at the rate Of about e. 900 per month The
spread five months, being at the rate Of only
81 GOO per month and the payments on the second
loan Of 1852 600 announced ia August last. were
mind readers that in eaeht instance the aver.
age price obtained by the East India Company
served price being fixed at o. Those debentures how
for i've years only, instead Of seven, now
GOO 600 nav very shortly be followed ey suuae
mental Of f5 100000 will be remarked a
feature that the debentures offered 70 be rans
ferabe by delivery by desd at the option Of SUBJ
scrbers An increased desire is shown by the
to consult the convenience Of sma capitalists Thus, in
than Is 900 in August the limit was lowered TO fI 900,
and upon the occasion the Secretary OF State for
This arrangement 10 well judged.
THE RUSSIAN LOAN OF SIXTY MILLIONs OF DOL
LAfS IN LoNDoN-INfLUENCK OF THE GEAR IN
THE WAR CRISIS.
From the London News, (city Ar.icle) Aprilsl
Some authentic particulars respecting ths coming Rus
sian loan have at length TRANSFERRED. The amount
price is 90 per cent but practically reduced to 6s the
delay IN the pay nents whilst the full dividend aocrung
m nss mt per cent nse osn viii
emily Of subscriptions from the minor markets.
lists will be opened BY Messrs Thomson, Bouar & Co
(he agents for the oan) in London and st Petersburg
by the house OF Nagnus of Berlin, well as in Amser
dam hsnSarg ana PARIS The proportion re-
CO, 900 600 or Ga eco OcO Of STOCK; and as even
the latter cum vii, involve a cash withdrawal Of
only IN millions sterng scarcely able tina. any
The subscriptions already preferred from quarters
principally from the coutneot amount {, between
ana ~ GOO OF stock, so tina; the success Of
the operation would appear to be already assured The
new Society OF Commercial and Industrial Credit, the
shares Of which have been eagerly taken Paris has
II understood just obtained from the French govern
ment the authorization required by ts statutes before
Can embark in foreign undertaking; and have reason
to believe that arrangements progress with view
10 the negotiation through that society OF 900 900 Of
the stock destined for the Preach market Tue official
announcement Of the loan expected TO take place i'm
atey "a the payment of the Gs nsalmea Of 10 per
cent is fxed for the 9Th OF May The usts will be
spread over period of eight mouths (frsm the pre-
sent date) the o falling due the 2oh OF Decen.
eer The contract contains one very remarkable clause
WIZ that In the event Of war; Of the existing Russian
securities being deprecated to the extent Of per cent
the subscribers to the loan shall DO absolutely
eyed from the obligation Of making further pay meats
and BY way Of facilitating the carrying OF this
rangemeLt, bonds or inscriptions representing proper
tomato sum, will be delivered instsment lqu-
dated Many persons will infer from this exceptional
clause that the Russian government appebends war,
whilst keener observers viii argue that such case
would have s,eadasty resisted tue insertion
Of stipulation which might rebound to their pecunary
disadvantage. However this may be, the arrangement
bespeaks a spirit of can Tor and fair dealing
on the part Of the government, and Is emf.
nenf protective OF the interests Of the subscribers Con-
sdered IN relation TO the present price, viz par Of
existing Russian four and bali per cent loan, three
per cent stock 66 would not appear to present superior
advantages The advantage rests with the operation Of
the sinking fund, which, in the OF the oao, s
fixed at per cent per The investment Of tns
fund viii be- an important point favor Of the stock,
whereas the liability Of the existing four and half per
cent bonds 10 be drawn par eectuaiy prevents their
attaining any important premium.
We will merely add that the Russian government
nounces that the proceeds Of the loan DO applied
replacing the currency and finances upon sounder foot
mg With this object, as already announced, IA imperial
ukase just issued at ST. Petersburg provides for fund
ing into four per stock Of portion Of tue 0ulstand
ing obligations Of tue State. Further explanations Of this