The Yazoo Democrat., 1859-05-21
EUROPEAN NEws-sUMMARY,

War has actually begun. As threatened. Aus
tria l,st no time. after her uinatas, had exn;red
in attempting the passage of the Ticino. This
passage was stontly opposed by the Sandman
forces at Butfalora, but being far Outnumbered
BY the Austrians, they were forced to reluctantly
sstire and permit the foe to come upon their soil
Napoleon was expected to leave Paris for his
army very soon. All the nations of Europe
With one or two exceptions, are preparing for
war. Omar Pacha himself has returned to Con
stantinople from Bagdad, and seems disposed to
join in the free dght." England is shipping
forces to the Mediterranean. The EnpI4h Par.
lament has been dissolved By Her Majesty. and
n new one summoned for the Both of this month
1t is supposed the elections will result in favDr
the Derby Ministry. An unwse choice-as that
administration is held in small respect by CON
tinental Europe. She is likely soon to have need
fol wise statesmen and brilliant diplomatists
Cotton is on the decline, as was Of course to be
expected. The effect upon this country will
probably be severe in this particular. Cotton AMI
negroes will speedily decline in market value in
the Southern markets. While Europe is in arms
would it not be good thing for Uncle Sam to
aEuse himself by taking Cuba and regulating
Mexico to suit his fancy? The opening is good
one, and no reason can be given why the United
States should net fall into the fashion of the age
The alliance between France and Russia. which
gives England sc much trouble, is declared by
Prlnoe Gsrtschakoff to b. one which could not,
Sin the most distant manner be interpreted as
hostile alliance against Europe" The Prince
pledges to Lord Malmesbury his personal guar
antee that his declaration will not be falsi6ed by
the facts"
On the 30th Of April, the French Ambassador
received his passports, and left the Austrian
Capital. Spain will eneavor to preserve neu.
trality She will probably keep out of the con.
fet s'r month"; she can't 40 it longer. From
her situation and interests it is moral inposs
bility.
Napoleon, in his manifesto holds that Austria
IS the aggresso1 upen France rs well as Sai dinia
and takes the ground that declaration Of war
BY the former against the last was n virtual
declaration against France. In departing from
bis dominions for the army of Italy, he "leaves
she empress and his son under the protection of
the French people" The Emperor discaims any
intention of making addition TO his territory BY
conquest. 1t is doubtful whether or not he means
what he says but if SO, be has determined upon
the Tisest pc licy for himself
The Austrian troops are in occupation of many
small towns along the borders of Sardinia. The
french forces are concentrating in Genoa in great
numbers: When they are marched out and meet
shs Austrians, then will come the tug, Before
then Sardinia cannot bring an army to bear upon
the invaders large enough to afford any possibility
Of success.
The war has produced another mercantile crash
and failures are reported as numerous throughout
Europe. The Banks are raising the per cent on
discount to an extraordinary Tate In short,
business is panic stricken, and the sages of Eu-
rope are unable to penetrate the mist now form
lng and predict the time when peace will again
reign. There is dark prospect ahead for the
Eastern world in general and the "Faderland"
IN particular