New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-07-06

VERY SIGNIFICANT.

VERY SIGNIFICANT.
The leaning Of the Derby government Of England
towards Austria unquestionably led to its downfall
The constitution-loving and tyrsnnyhating English
have no sympathy with an odious and abominable
dcspotism, such a. the House Of Hspsburg has ever
practiced upon it, unfortunate subjects and although
the English were mainly instrumental in overthrow
ing the First Napoleon, and consequently supported
Austrian and other despotisms, ii was because the
great Corsican waged relentessswar upon them, and
their safety demanded to Americanism, that ne
should be crushed out" Of an arena in which he
play ed so conspicuous part and the peace Of Eu-
rope as we'll a. the balance of power secured
complish this single object, deemed indispensable to
her salvation England fought the great Napoleon on
land and sea- fraternised with tyants, subsidized oil
garchies, expended hundreds and hundreds Of mil
lons-became in fact, the strong arm upon which
the whole of Continental Europe leant-and finally
succeeded. But for her the continent would have
been subjected to the sway of the First Emperor, for
no one would have been able to oppose barrier to
bis progress.
Things have changed wonderfully since. Instead
Of being hostile England and France are row in close
alliance The governments of Victoria and Napoleon
III understand each other thoroughly. They fought
together in the Crimea and won laures together. In
the seas Of the Orient they have acted together and
brought the "Celestials" Of China to terms; and
the alliance is stronger than ever for the simple
hut sufficient reason that it il the commercial manu-
featuring and financial interests of the two nations
that it should continue and be perpetuated.
The significance Of the defeat Of the Derby Minis.
try, and the installment Of Lord Palmerston into
power, Is to be found in the fact the generally
supposed fact, that the former sympathized with
Austria and doubted the sincerity Of the official state
meuts Of Louis Napoleon, which might ultimately
break up the alliance and embroil England in the
conflict while II believed that the latter had no
such leanngs, and would, il placed in Office maintain
Englands armed neutrality to the letter, and keep
her out of expensive and bloody war il the national
honor would permit.
We imagine the London News knows as much
about the intentions of the Ministry any other
journal published in.the worlds commercial metrop.
oils. Here is a very significant extract from that
paper Of the 14th u brought over by the steamship
Bremen:
We have reason to believe that the French Govern.
ment is prepared to give the Foreign Minister of
England the most complete proofs of the moderation
and dsinterestedness Of its policy in Italy is ready
to declare dnec, that not only does 1t seek terrific
rial aggrdndisement for France but that it desires
no thrones for the reativss Of the Emperor, or princes
dependent on France. Far from wishing to prolong
the war; the desire Of the French Government that
it may be short The war has been commenced for
the liberation of Italy and will be carried until
that object s attained but only for the sake of the
! end. Should any powerful neutral-the Prince Re
gent Of Prussia, for instance-tind himself in po
sition to offer his mediation, the French Government
tcoad be ready to engage to 'eace Italy entirely to
itself, after securing its independence.
| We do not see how France can be asked to GO
farther than this in order to satisfy the just require
ments OF Europe and until some fact becomes known
calculated to throw doubt upon the intentions Of the
imperial government, it would be prudent to accept
these assurances It is possible to push dstrust to
an absurd and dangerous extent Prudence is high
political virtue; but constant and systematic sus
picion and hostility for imaginary causes sometimes
produce the evils against which they were designed
| TO guard.
II these be the intentions Of the French Emperor
Of which there is no reasonable cause for doubt i,
would be the highth of folly for England to inter
fere, except in the character of mediator and We
venture she will not interfere in any other manner
She will wait until Venice is taken, the Austrians
badly whipped three four times more, and effectu
ally humbled. Then Prussia as the foremost peace
power Of the Germanic Confederation will propose
| terms of compromise, in which she will be seconded
by England and Russia. These terms will probably
deprive Austria of her Italian possessions Defeated
on all sides, and with the moral force of England
Prussia and Russia arrayed against her, with til,
probability that refusal would lead these Government
into quasi or active hostility, do not that Aus
tria has any other alternative but to submit. Sh'
may do it with good or bad grace, she may pro
long the struggle somewhat but in the end her dis
com6ture will be more complete and humiliating