New-York daily tribune., 1859-05-18

4 80 o.. ct which fl2O G00was divided ~ / h'.e
in January last The remaining tS'cVO raii .bc
the reserve ;o meet losses by depreciation sle7 '
ccn,uencen eft Of the present year
l. is reported that the putch Government to-lay y
have arrlet to The Chambers for credit oi oVVo'vV
culiers t5o.Ct0 for defensive purposes. .,
Tie scrip Of the Austrian an ~ per cent pau
wss purchased This afternoon AZ ~ discount
IT.. rrorraume 4 the position AMI prospects %
Frrlard .uhu ted by NJ. Dsracli has been received
in e col. mercia world With the attention duc "a the
precticIs If a statesman dl'unSNI','d IoI i.oh,.,
na,r, tn bis couutry ON the RUIN 20 be brought about
by flre trade open navigation, the currency avs %
Sir Robert Peel aud the recent hostil'ies IN China no
less than r hi hopeful assurances during the threat
engs of tie Russian war; his partc'palon IN ne AZ,
ius,IIert If the late cue sion between Portugal AMI
Froure his assertion few weeks back that the ltaiah
stion was in prospect of adjustment and the con-
ssnuerces air, ady before Cur eyes II nat pure tan
which he til preserves in his confidential relations
with the Emperor Napoleon. l. has not had mach
eif, q upon VriCes. buf, perhaps, therc ma. oeen
scarcely time. TheN are a ArSe uamo,r oi
olt-fasiionet, investors who nrd x dlihcaU 10
type in single morning, and i may therefore
prove serviceabe to give these persons conci|e and
literal summary Of the views uni"ided b"'h TOT mn
mediate sudance ard future reference, such resume
will be likely To have value. am now, says VT
psra,h 10 be- understood as speaking solenhiy anu
without the slightest reserve. The beginning oi the
Italau,ispute found us on terms OF coral oohnehce
with France. The mission of LORD Cowley was emi-
rertly-uo not eminently, but entirely successful.
The Emperor Napoleon, believe, WAS sincerely anN-
ions for peace Austria made all the concessions that
were desied. Russia however, lntertered win tue
proro,iron of Congress. In doing 80, believe me,
She was not prom pied by any deep policy or spFt os
tiuesse. Fla.cr seized on ths proposition wtA'
out waiting 10 hear the answer oOt4nea t"ih
Austria by Lord Cowey. But TINS i.nn wts YgI9 wa9S
be unsuccessful. The fact IL, the Em-
peror of the French wanted peace WIN
boror-that is to say, by diplomatic triumph winch
tftfA
would prove his Influence over Europe was lnlPos
sbe for me to make these important revelations few
davs ago because the country was excited by the fa0-
rcation uf enormous al-ef Oods To The effect that
secret treaty had been formed between France ana
Russia, md that their fleets were 10 be united. There
i rot tie slightest little Of foundation for those state
uerts There is treaty secret or otherwise, exist
ing between France and Russia. There IS no secret
convection There is wha; may be called au engage
mert which they were not bound in any way To CON-
II uncate to this country France owes no duties to
E,ralv-" but which was voluntarily communicated
by the French Minister and was simWy that Russia
Should put an amy OF observation on the "erhlfh
frontier. Moreover, we have actually asked the
Russian Government "a Power that always acts
with frankness and straightforwardness = whether
she had engaged with France 10 declare war
against German and she has told rs most un-
equyCcally that il j. not SO. 80 mnch, then Tor
the secret engagements iuimica to England. Two
great Powers charged with plotting against us posi-
lively declare that they have no covert purposes.
Under such circumstances who could refuse tn be sat
i.ed But although il easy TO see the sincere good
faith Of foreign poentates, no sncn chaita1te con
structons can be put upon English designs. The ma
hgna1t assertions against the snglemlnded intentions
of France and Russia, which ruined many vItnous
families in this country, beside shaking the credit ot
every naiion'-tbus untowartly preventing Russia
from getting ZIP COO of our money" were moth
ing but base contrivanee To indulge spite against
foreign nations, or to destroy the Derby Cabinet,
or to accomplish stock; ;jobbng manenver. You
thus side the character OF foreign mon
Al. NJ Of hA mol al
But my soul recoils from the last supposhon, that
stock-iobbing could have been the motive, ana
trust for the credit Of human nature, there Is no
foundation for that suspicion. merely mention
it. and must leave the conjecture To your better
iudgu ent And now, gentlemen, having shown you
how perfect our relations with the only Powers OF
Europe that could threaten us having assured you that
we still cultivate our confidential feelings, ami place
entire reliance upon the uncquivocal declarations that
have been made us, let explain Ia you our posi-
tior-our dangerous position, as may indeed call 1t.
We ought still to mediate, and Russia ought still to
mediate" Lord COwleys mission having been eul-
nently successful, who knows what other successes
equally complete may be in store for us I'VE must
therefore be prepared We must have our armies,
fleets and squadrOns, whether they are On the German
frontier in the Mediterranean or in the Adriatic,
watching events to seize the favorable opportunity to
terminate the struggle Ny policy is eminenty OF
peace. But have we been caught mapping You have
Ice eco troops in India Lord EenDOrOugb breathed
a wish To Heaven a few weeks back that We had bnt
10 eco of them at Adershott; and you have 100000
il England Before six weeks you will have not only
powerful feet in the Channel, but also in the Medi
terranean What nation in the world then eau com
pete with England Despse therefore, the bOHRctHg
character of the warnings of the Press. Let me de-
preca,e bouncing Of all kinds and tell you emphat-
cally you have nothing to fear. Our finances in
exhaustibe, iucome-tax of 10 per cent would be
heartily given our national debt is 1eabite and ad-
dtional loans of ~ millions per annum would be
scarcely felt. II there is to be of revolution aud
reconstruction although, of course such possibilities
not to be entertained while Russia always frank
and straightforward, and France, our confidential
ally sincerely desirous of peace, and seeking
nothing but diplomatic triumph now and then
to prove her Influence over Europe, are fully
armed To operate with us in preventing them it will
not be England that will suffer. II is for Europe, not
for England that in the contemplation of the pOssl
bty Of those ssibities-"my heart sinks.
FraIce has announced loan of 800 900 600 jbut that
is experiment which cannot be very often repeated
for the last ten years she has increased her national
debt at the rate of fl2 0O 90 per aunum" and you
may rely, gentlemen, that throughout these transac-
tions the probable of England will be that of
authority which at the night occasion, will come
forward ~ secure the peace OF Europe.
This sketch, which does not quote a single phrase
that was not expressed, pervert single meaning
should suffice il the Derby Cabinet have the confidence
o II gland and Europe TO repair all the mischief OF the
past forth ght. II the funds decline, aud families were
ruined; if continental credit shaken, and terror
seized the minds of all men on the false aDnOu cement
Of danger, why should there not be complete
tion on the formal notification of the English Chance-
or Of tie Exchequer, made as II he were addressing
Parliament" that the panic is without title of found
alton Why is there not instant rebound all the
more uncomfortable from the violence Of the fall
What more can be wanting The public can look 70
the character Of Mr.. Dlsraeb, aud Mr. Dsrdcli
answers for the character Of the Emperor of the
French. Perhaps they would Ike information to ex-
plain the discrepancies between the views of Mr. Dis
rae and those expressed by Lord Derby just before
the dissolution of Parliament also, the precise pGrtic
uars Of the written engagement admitted by Prince
Gorchakoff together with the mode of logic by which
Mr.. Dsraeli, ike the witness who came forward to