The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-05-12
THE WAR NECESSITIES.

hhLus o. Inc NaliOna
THE WAR NECESSITIES
FINANCIAL CONDITION OF TIE BELLie ERENT POW
Eks-wHAT is SPAIN ABOul?-sPANisH sUSBoATs.
From the London Tines, AHn2s
Let our Ieaders note fact ~hi,h interest
ing 10 remember, snd mos, iucred,oe to tell t"-n'y
Years nee, uis Earoeeas commenced
h destue ncesspous, Ind alnsos. bankrupt Pooers.
Ibe lat word scarcely too harsh TO apply
merits who are asking for the loan OF mrsnse
happily Rnrs,a WI Four aud nan per cent
sands at 81 has lately been inviting ,na Britain
capitalists TO Iced her tseise millions; France, whose
Three per cent Renes have fallen 10 Gay ID 62 &c.,
nonbc,s losn Il t~enty millions, ~o-o a n much
les amount had been raised With dbruty and AosirA's
Five per ttaud at 40 These igures pr.seot Ia
DDsncia coDotion 10 Which England ngot be red 1ced
after carrying WITH nc'ea-iog energy var 10 The
CTmea another 10 odia for years. ~nol s.ntDg
herself Of aDy o,ner uxury AZ these .aree ,Eers N
not keep the wof out wrh NJ Continual begging aud
bnrtovipg and can on dIscba go their old atoms
by contrscpR fresn ones, their bankruptcy
OF nHe Bot, With perfectly empty rScn~qner AMI q
blasted crent they about the costest Of AL human
operators for. happily. nobDg costs killing
ones fellow That tSs should De done
woud be vel, bad not tbs nirss been o's.n
psated as 10 be marvel more. AS most 5s,tes
have been fought ny armies n state or physical ex
bauson so most great have been com nenced sso
only too familiar. WIN Prince RI Schoar nb.,g loas
oYpso-d 10 by p,dItos Of ntychls to ce1,,ttsr the
hs,@ sasI AnSt,ian c,edu he obs'red that hh
Try bankrupt kncio ne s1,ep, IF rcsoces.
Money be was aware was good thing, bus 1t some-
tmes quite well TO have no mo Ieg at ALL sn,,gn Is
10 be denied that the uoder
might be he people.
lt may, then, be rasn 70 assume toat these three
Powers Dog rushing into the fray will find insur
mountabla difficulty IN carrying On the Aesria
vel tex Der army upon Piedmont upon 10 NIB .ruy,
and France bar always found convenient " qnaer her
soldiers on her Dsighpors, Then conmer-
ca experience have taught us 10 insolvency often
takes refuge in extended operations II 10 natural 20
cape lesser aoit.s by underss ns and the Sc
que seems TO justify toe wisdom the PROCESS for dig
cerpDe public evidently thiDks great baukrop&cy less
uscreditabe than small ore. To f for 81 900 s rdcd
lous, TOR $4,000 tragic and magnificent We do DOT veu
popoecy the Of French, Russian or Austrian
stock after years war; but Gar viii al ways be
possible ope the majority Of MANKIND look toe
pterert rather secory Of ioan and always
able aer themselves that the worst 10 and that
Yet, let It be unders ood What of daInc.e stage
are entering upou II the war does go on, .oen ne
venture TO predict that British Capitalists wA De able 70
purchase French Russian and Austrian STOCK much
cheaper five years hence Tnsy had betssr, there
fore their Dooey for domestic purposes a. present,
in the Cont mental iunds they minded,
Mt the end o those i've years Almost any Investment 10
better than lending TO state wh Gu plopgDg toto An
endless war. 1t wants everything. 1t wants men; Il
wants Ill the materials OF war II wants credit for daily
transactions and for all these poses must borrow
and still. Already all kinds OF rising
rapidly coal Of every sort H caught up for convey
apce 10 this or that place. ana freight s again In
request So here We have that golden age oI high
prices which the agrsuursts and some merchants re-
member With delight, but which ststesmsn cannot con-
template without the utmost concern War Is - disease
which into huge sore all the ailments winch
should supply streagtn 10 the BODY snd which 10 more
exiren supplies than the most robust aud industrious
etate Of health The belgerents will want every thing,
OF own destruction or Illumination Perhaps w. cannot
refuse them materials II will rest With individuals 70
lena Their money as they please; ou nobody viii pity
those who ruined by too eagerly gr@ppg TINS opor
tuny OF private gam at the cost Of Their country 10
those who wish to think little before they lend foreign
the Of indefinite schef, II may be yell 10
supgs that daily becoming expensive than
ever. Is becoming question VI money. Il viii DO
fought much Ia the dokyard and laboratory
or land
Our city intelligence supplies curious hints .,
the way IN which coufdng country may be nais .
fabrcate instr uments against tsed There baii
ia the Thames t,eessy Sntoats ~ psvy light dra,
besd<s csse's Of larger for tie StdsssA oemrs
Whst can that government Ssnt With me spprAAs IT
What the proposed for these interesting
BY nnaa,ar concordance Spdis also ~ans eorsss s
Of our Admirably cka,ts she not usuay ssvsn'nfos
She hns much gam In wstsrs. ~ 10 any ~Asers
,rrquented by our Shipping. Bat there sun suvv~ :
tradition that Spain eau herself into the service o.
Franee and has O, Always able resist the Attrac
ops Of that Ger vice Ipdeed hardly free ageas
The matter France holds Of state eccret THAI Spain
m., hs ciber her prorsrsy or ner sc,ompce anA
bst whichever belcggs 70 SPAN - II khe ccsnmaod u
France Tnas all aro.Sd 1e my'ie'sess e-ss~scss
~ orrrd prerurlHon for toAd{ k1o'c Ne< For OBJ
ects SO greet osc chs may have In viss France
afford to vat, hesitate and 10 Withdraw. Tas,
ra,is But IL delay itself worth scusthinx 70 Frame
al this moment When Austria two hres days ahead
Of her, ana when she season is full carly or Tie Aip,ae
pssseef Austsa had made effort not &c ny sscrins
OF Appearances 10 etve TIE hret blow. Frsncs ao y
last listens 70 reasons and pretends sie, how shau
We know fst Ne not TO pa. bsrrelf On s'rNegch
equality with Aue,sis All r,ust be ms,rsst where there
has been nurh hypo ~ snd wsfel that whs sc nave
70 LOOK 20 Is TIE actual movemsass Of tho Preach ARMIES
not the professions of the French government onp9
hat cosen c5re da-mss c,-rcyg'n9 apn sso"s1y
:, matters lu1s sshat Is scd al Parts, Jw Napsess H
Mmtb could hdydip pe,srt a coiik7 bfrccs rfs~cN
and iutsdn army t.ey fcard ,hcn'rss face y Isee'
From the London Mercantile Gazette Apt, a'I.
But, as NO long since anticipated, III hs sac. es9s
- this for,,bs sgbsacc ere ~ dep pecu"ta,y 'eea,
ond are locking abroad 10 supply ther oen1aat
Now, IL a policy OF intervention "a that wnich our
government IN duty bound 70 ADOPT, VIC Ereiy are ~