Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1859-02-01
The Last Foreign News-The condition OF az
fairs in Europe

war panic is rapidly increasing. Another
drop of one per cent. in the French fundS'
and of a half per cent in the English, occur
red Yesterday, and every capitalist seems en-
deavoringto protect himself from the coming
storm.
This aggravaton of distrust has been
caused mainly by the speech of the hlnS oi
Sardinia, delivered yesterday, at the opening
Of the Sandman Chambers at Turin. Ii
was known that this speech had been sub
mitted to Louis Napoleon several days before
its delivery. and that its tone might be taken
as test of the designs alike of France and
Piedmont.
When it was found therefore to be totally
in contradiction of the ''tranquilising" para
graph in the Monteur, the suspicious of
the public. AZ 10 the hOllowncsS of the at
tempts to bolster up the Bourse became con-
hrmcd
The Monitcur had stated that there was
nothing in the diplomatic relations Of France
and Austria 10 warrant tie agitation that
had been manifested. The King of Sar-
DINA on the other hand says that 1.-THE poitI-
cal horizon is not clear and that "a future Is
mt hand which will require tirmness and reso-
luton"
Coupled with his reported statement some
time back. that the Sandman army might
look for active employment in the Spring,
and the knowledge that King Victor Elm
manuel now speaks solely as the mouth piece
Of France and Russia little more was want
of cal ISfs
merchants. and all persons interested III the
maintenance of peace.
The King of Sardinia, however is obliged
to admit the fact that there is no balance III
his Exchequer, and rs Russia and Austria
had only Just announced that they could not
yet on without large loans in London. 1t is
satisfactory thus to find that all the hostile
parties will have To commence their destruc-
tive saturnalia without money.
Even France would have to resort to Il
fresh loan Immediately on commencing war,
since she has no surplus for the year. and
can scarcely venture OH an increase OF taxa
ton.
There can he little doubt that the general
plan was that before showing their hands,
Russia and Sardinia should procure ample
financial supplies from London Austria
would have done the same, and the totel that
might have been obtained from us would pro
badly have been equal to SlOO,OOOOOO
Happily the Emperor Napoleon has spoiled
that part of the arrangement. and there will
now be some prospect of our being able t"
contemplate with full pockets the commence
ment of the impending struggle.
That we shall be drawn into 1t before II has
lasted two or three months, many persons
will consider inevitable, and the advantage OF
having hllshanded our resources VIII there
fore be the more important
Under present circumstances there Is no
sympathy with Sardinia. She must be play
ing either weak or dishonest game, and
the traditions Of the royal house OF Savoy are
certainly not Incompatible with the latter
surmise Count Cavour must know we'll
that France and Russia will not permit ltal-
ian ACKNOWLEDGEMENT Oh constitutional or lib
rrnl basis.
If any compact has been defined it must
consequently DE 10 the effect that when Lom
hardy and Rome shall have been united u
the Sandman Kingdom, the Sandman CON
stiution shall be abolished. and the people
brought under an absolute and congenlal
monarchy.
That Victor Emmanuel has sufficient am
bition and Sct-will to be attracted by such Il
scheme will scarcely be- questioned by those
who have observed his character. Taking
this view of the case, therefore, trcachcry 10
the Sandman people lies AT the bottom Of the
cry of Liberty" on which the country is to
| be carried forward.
! But it may be- said that Sardinia probably
intends only to avail herself of Russian and
French bavonctS to clear the country Of the
! Austrians and to put down the Pope, and that
! she will then turn against her supporters and
refuse any bchests inconsistent with ltallan
| freedom Such dream would be idiotic and
in any ease contemplate.
| If Sardinia has come 10 any understand
ing. actual or implied. with France and
! Russia. it will be her business to fulfil it 10
! the end.
She has chosen her partners and must be
! faithful To them or must be branded accord
| inglv. She cannot set aside the principles Of
all time and touch pitch without being detil-
ed Whether the cause of liberty can be 9TH
erwiSc than deicd when France and Russia
are paraded a. her servants and worshippers,
the world must judge.
Meanwhile. in the midst Of all these turpi-
tudeS it is satisfactory to trace already the
good that is indirectly springing from them.
The king of Naples (connscllcd most proba-
bly, by Austria and the Popc) is beginning to
see the necessity Of conciliating public opin-
ION ut the same time that he is strengthening
his army, and has published an important
amnesty, which it is said will soon be further
! extended.
Poerio and Scttembrini, after their dun
geon life of ten wears, are to be allowed t.
leave the country, and 81 other political pri-
sonerS have been pardoncd.
At home something like alarm seems ut
length to have seized the Derby Cabinet, and
! it is said that the Channel squadron is to be
augmented by the addition of twelve sail of
the line. This is an instructive result of the
confidential" relations they boosted Of hay
ing established with the French Emperor.
The 4 per cent railway loan of So. 0O0, 600
for the colony of Victoria has just been COM
| plcted ut the price of lO1.
There il report that Count Persigny has
been appointed French Minister for Foreign
Affairs in place Of Count Walewski. This
would solve the existing anxcties more rap
idly than any other step. the former being
known for his professions in favor ofpcace
| The French funds, however, are not quoted
at an improvement they have declined more
! than / per cent. i'm the past ten days) and the