The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-07-06

celIcnt relations with the French government, hut
without making any engagements on one side or
REFLECTIONS on rHGIANp's VIEWS. 7
In resyect to England. who is ready to throw
herself upon Trieste under the pretcncc OF protect
ing The ratonalties. u any demonstrauon Whatever
n enaces that key Of Austrian domination IN the
Adriqtie; in regard 70 england, we say, be must be
q, 4 be very harry who would coniide in that old
cheat is Il not Tue as has been said in the oppo-
sition to the legislative corps Of France that the
English alliance does not any longer exist How
ment has protested against the violation by French
troops proceeding from Suse to Turin Of tie neu.
TBs NAM RECITAL RGsuMH..
Hut LET us hasten to resume our recital az the
courAe Of events for fear we should allow orrelves
to be carried too far into the probabilities of the
future.
AUsYslA's FINANCIAL POVERTY.
Here, then, in the frsA place--and this ia an
essential point to be established by any one who
would seriously examine the chances of destiny
here is what the 'eore Contemporaries has made
III acquainted with, after a remarkable work of NJ
JoSeph) concerning The financial condition of the
Asistian empire It viii appear that the enormous
increase OF o public debt raised in nine years
from l,a00000,0oO of horins to three milliards
$3.50 .000,e00 of our money!, is not sufficient
TO cover the budgetary deficiencies of Austria
but she has been obliged to ALLEVIATE her
ra1Ways, unu 10 feaise nearly the whole NJ his
trnony; and it will also be soon i'm possible TO re-
sort to such resources, and she will have to leave
to increase, without any means Of preventing its
dcvelopement, debt already too heavy, and to
which each year win add new weight.
OMISSION or FRENCH FINANCES.
Bnt N. Lequisa, President Of the Commission Of
the Budget to the Corps Legslatif Of France, WIN
has brought these facts To iight-M Leuusa foes
bot tell rs anything about the financial state q,
France, doubtless for the that that was mol
either he Legislative Corps nor the Commission OF
THE OMISSION SUPPLIED.
We will be permitted in our impartiality to rec
tify that omission, without even taking into ac-
count in favor of Austria certain words pronounced
stopped to make it clearly understood that II there
was want OF money at Vienna it will always be
found in England.
raANcE NO BITTER OFF.
IN France, then, tho financial situation is not bad,
because NJ. &c Vinck has recently presented to the
Corps Legislafif report which shows at this
neni saving Of four to five millions on the bud
get; but what is the state Of things if there be The
good faith to deduct from that saving fifty millions
Of extraordinary credits applicable TO the marine
budget, loan of FIVE hundred millions and ninety
millions OF extraordinary credits for war? twill be
answered that all these loans are perfectly the at
fair Of subscribers; hut they not also the affairs
of State, and viii not posterity have to dispose Of
tie inheritance which Imperial France will have
bequeathed to her?
NOTHING TO ENVY FRANCE FOR FINANCIALLY.
Let us be just, and conclude that If Austria has
much to envy in the valor OF the French army, on
the other hand there is nothing to envy in her fnan
cial condition.
MovhstkTs or THE PrEpMoNrEsr ARMY.
After tie movement Of retreat made by the Pied
montese army, and which we have pointed out 10
our first bulletin. that army was found with it,
ollIes, at the beginning of the operations of
tie week, crowded into its last entertainments
The Piedmoptese army, it is said could not do better
than to march in retreat in the presence Of force
so superior as that Of the enemy's armies. No
doubt but 1t is no less true that the whole of the
north Of Piedmont is invaded, from 1vree to Cam
hia, in passing by vercelli. 1t seems barbarous
after That that the Austrian army should lay under
contributor nnn even sackage little, the coun-
tres which it occupies; but these are the ordinary
calanl'i's OF war, ard they ought not to demand
moie generosity trom their enemes than they are
Themselves in the habit OF showing in conquered
countries.
POSITION rHs ALLIES.
IN regard TO The Allies, we ought to recognize
thar, il all tier last enireEchmeuts they do not
iIa themselves IN very lad position, seeing that
nearly IN ipe whole OF Sareinia there is q single
line Of rsriabe entrenchents and it is that which
tie! occupy.
rsr LIVE or sNqRENcHMENrs.
That line is supported IN the environs Of Tvree to
The ost coun1erpats Of the Alps, and projects upon
Genoa IN follow my the course of the Dora Baltea
and nom the Po - Tie environs Of Gambia, La
s,riv'a, and the Appendices from Gaiz. The obiec-
tive OF that irregular line is naturally pointed ont
1T 'he angle formed at its centre by the Pc and the
1araio, III iront Vi Valencia.
pDou8TeUf POINTS.
Ire GuestoAalNays is To know, notwithstanding,
u Tie Austrians have well stopped their points Vi
attack, ard II there ought to he attached an i'm
Foi'ant slfhllcauon 10 movements, at the first
view insignificant and ineXplicable. which have
b.eh apparent on 30 many points Of the line. Our
own OPINION. ana We share 1t with great many
conf etent men, il that when il makes movement
ct attack on any puiht whatever. is has but the only
view a drawing oil the attention and the forces Of
The allies 10 thar point while upon another
polht another corps darnase establishes a
"A lIaSS 1r 1araY. Thai
batteries Is official proof required besides?
While The Piedncn,ese reported themselves
as cariyie SERIOUS advantages at Frascoletto and
Published II with happiness in their official bulletin
NE Ausi'an troops peaceabiy crossed the Pc and
Threw forward u large bridge, then DESTROYING,
twlttout Troubling the unqniet world in the leastJ
Vogbsra.
srrrosrp ATTACK ON ALRssAspRIA.
, we are then justified in believing and il Ia also
the opinion OF The French and Piednontese for all
Well dispositions prove IT, that an attack on Ales-
sahulia Is Perfectly Indicated. Only the Austrians
have not lost sight Of Casale, the Notifications OF
wheh have been recently strengthened ny legisla
i've vote; nor Vale ncia, which has no great stra
teeic importance by Itself, but which ACQUIRES n |
real one by the proximity Of Alexandria.
iHr DANGER OF DISABLING PIEDMONT fORrIBLy.
II remains then 10 he known whether, in the
fresehce Of reinforcements sent from France the
Emperor Francis Joscph will persist III his menace
Oh disajming Piedmont by force, which appears u !
US exceedingly adventurous, or rather, if after
'ps'AE IdNaGeu dH uc LOTtN OF Italy, on the
cirie u The first Consul BOnapaIte, the Austrian
army VIII nof retire behind tie Tcino, confinnQ |!
Heel then TO the defence Of the territories which
were given to the empire by the II eaties OF 1916
fohhli ABE POSITION or ALEss ANbRfA.
Because that which cannot he mistaken ia. that
Inc position Of A1essandra II already formidable,
ana as being reinforced every day. And before ar.
l,lhg upon TIE walls OF Aiessandria. Casale must
frst be reduced then Valencia, where the head.
quarters o; TIE King Victor Emanuel IL establish.
cd, with tic division Of reserve Of General Borgp-
vani &c Castelborgo the first brigade of which is
comlose OF the regiment of Savoy and OF The |
grenadie,s 81 the Guard.
sAEpINIAN SUPPORTED POSITIONS.
1Iese will not be nlOuthful for a hume. !
fths amy starving for ,engeance but the head
quarters Of the King Is supported on it, right !
~ The division vi Mcmahon, which occupies !
the Inc Vi Valencia IN Noyi and by the division Of