The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-01-24

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Austria pledge Of peace in Europe ana the Mox
certain qid1ontee against yepolutjon ! doubt mucn
quarter will suffice to neutraize the effect Of the original
incident To do the MoniteMr must speak II Is NOT
always tacturn Only ON the 4th OF December las. u
gently checked the eervescing discussion, on the very
same subject of Austria, between couple OF Paris news
papers II its regret that their controversies oc
casIoned certain dsquetude, 'which relations win
foreign Powers by means justify, aud added tnat
sthe government OF the Emperor thought lis uuty 70
warn the public against the effects Of discussion which
voud be OF 10 alter relations with rover
that is the ally Of France" One need make no apology
for asking whether the newspaper articles OF the AIN OF
pecenbe and the language spoken not month later 40
moi present remarkable CONTRAST And the public
exapoerac. as We told by semoflcal org ans, tne
uo o se nu oracle Of the QUAY Voare saw something? il
cannot be alleged that the effect produced by the
newspaper discussion as deep or rs extensive as nas
which followed the incident Of Saturday. The effect OF
that incident panic which still continues after three
days II is In vain 10 say that the intention OF the Empe
ror was such as is represented. Perhaps not NO
doubt his ntentons the best the world but 1t is
certain that his Maestys language is usually clear and
expressive In the present instance we cannot say yer
ba olont sc1ipd mdnent is the uerbd which nave re-
NAMED and the scYlptd which are the vOatiles What
effect is il supposed will be produced in Italy by these
words which people are not OF the slightest i'm
portaDce Nothing be easier however, than TO show
that the unintated are all mistaken. Let the Moatter
but utter word 1t is often loquacous enough when
there little occasion for Il. Let II dssipate the gloom
which, since Saturday, has hung over the commercial
world the eers which are likely to arrest commercial
enterprise, and the uncertainty and disquietude
which perhaps have already spread throughout Eu
rope. II the Mo,iteur answers, as ought, to public
expectation, it may as well be as frank as possible
Let II declare for instance, If il be true or not that
note was despatched one day last week to
Vienna the subject of Serva couched in rather sgn
Hcant emsvz that the passage of the Prutb by Russia
had been considered by the allied Powers bei;
that there was in point OF fact difference between
and the crossing the Servian frontier by an Austrian
army; for, in the in the other the integrity
and independence o. the Ottoman Empire would be
menaced 1t is actually affirmed that note of the kind
has sent Vienna the statement uufounded the
Monietr will Of course contradict 1t. The continued
decline in public securities, in spite ofevery effort to check
it. fair proof of the state Of public opinion, at least
Of the commercial classes
The Patte publishes letter from Milan of the LIST
inst which, ii observes, contains statement serious
70 the effect that bodies of the people passing by
the barracks crying Vird rHalta' responded to
by the soldiers within the barracks with similar cry
General Gvulai had returned to Milan.
NAPOLEON AND THE AUSTRIAN MINISTER.
Paris Jan A. correspondence OF the London Tmes.l
AT the official reception Saturday night II was
marked that the Emperor was most particular in b at
tentons the Austrian ambassador If he wanted TO
show that it not any feeling TO him personally that
provoked unwonted warmth of his expressions the
Lrss the morning. but rather from strong dsapprova
Of the policy his government This noticed all the
as ~ Huber does not appear to be very popular
al Ceut-why or wherefore it IS not worth while to in
qure. is of little importance hotueuer, tohd maybe
taken to so0he the iras feelings of the ENJOY; ioh the
government the public hare to do; the aoords uttered haze not
CONSt1luttOnnet,
though with very slight verbal difference, precisely the
same in subsistence and confirms the correctness
OF the first. The panic at the Bourse has not
abated though there appeared slight symp-
toms of reaction AT one moment bat towards the
close large sales effected and depreciation
continued. Commercial men and SPECTATORS are
alarmed enterprises that preparing likely to be
stopped and Of capital do not conceal their determ
nation to lock up their money. In a word the feeling
among those who have large interests Austria is Of
irritation is also Of dismay at the prospect Of the
peace Of Europe being disturbed AS matters stand these
lowed by disaster individuals. II is in vain 10 explain
them away really meaning nothing which could give
reasonable grounds for apprehension No such expana
ton is admitted and there people who carry their
ultaon their fear far TO affirm that the Emperor
would have uttered them ioere there not al is mo
Uent an alliance beses Russia, France and Sardinia
against Austria. Some who believe the 0stensbe cause
OF this Ill feeling between the Powers to be Italy and
Serva Of opinion that Austria will have to yield oa all
or nearly all the points which concession s demanded
The Moni. will be anxousy consulted for the next few
days.
From the Paris Patre, Jan 81
These words commented on at the Bourse, produced
sensation and caused fall in the funds. As is
always the case they had been msrepreened and exag
gerated, and the comments made certainly went beyond
their real bearing. Public opinion will now form more
correct judgment on these words which announce Off.
caly state OF things already known, and which
ce well the sentiment OF national dignity with elevated
sentiments Of propriety Ever one IN fact was aware
that relations with Austria not as friendly as
formerly. The important pout is, that the Emperor
considered it necessary 10 say so on such solemn
occasion. But any persons who imagine that they
detect the indication OF rupture in such language in
oonion quite mistaken All that be found ia II is
a regret inspired by the moderation Of the policy adopted
in France, and commanded by her feeling Of
honor.
from the Paris Union Jan. 81
AT time when tie public expression of predominant
idea is extremely rare is necessary tor us to remark
what a cornmotlon may be caused IN Europe, first at
Vienna particularly in Italy, by the knowledge Of
words significant, IT they really uttered Far be
from Us the desire to exaggerate anything The event.
besides if ii be true, too remarkable not to lead to
comments and not to be exposed to assume by particular
interpretations still greater proportions We cannot, how
ever AVOID thinking and saying that authentic in
formation than that Of the Co,tutonnei necessary ia
order to enlighten the public mind and to make 1t su
GENTLY acquainted With the real state of the case
from the Paris Steele, Jan. 81
We have always been Of opinion that fra1kness is the
best policy, aud nOwise inclined to find fault with
the CHEZ OF the government for expressing IN plain terms
the state Of the relations existing between France aud
foreign Power The Enperor's words differ essentially
from the inserted in the Moneur of December a.
1858 and on referring TO it our optlmsts will find it i'm
possible TO deny that the state Of relations with Aus
ia has taken an unavorabe turn within the last month
OPINIONS IN ST. PETERSBURG.
from the Abeile du NOrd OF st Petersburg, Jan. z
The agitation in Italy. well as the attacks in the
French Journals against AUSTRIA have given rise to dis
cussions on the possibility Of war In Europe These
reports chiefly propagaed by persons who hnd alarm
ing intelligence useful for stock jobbing purposes AT
the present moment there is real motive for war be-
tween the principal European Powers The Italian ques
Ton is not yet IN condition TO render war inuspensa
bic TO either Austrian Sandman policy. The orgtnza
ton Of the Danuban Principalities has been elected
by convention forming part OF the treaty OF Paris
of 1856, and its violation by either Turkey or Austria
would be alike fatal 10 both. As for Great Britain,
since the present ministers bave been In office, she mas
evnced, in all questions Of foreign policy, degree
Of dsnteresedness and mpartlay quite unusual for
long time past The present British cabinet mas ntnero
systematically abstancd from all interference with
foreign politics; and this line OF conduct has gwen
universal satisfaction abroad true that the cabinet
has many weghty affairs in hand the settlement OF which
requires its utmost attention Now this disposition OF the
English Ministry with respect toques0ns OF Foreign policy
lie, think sufficient guarantee that England will not
lightly enter upon war, and that she would even DC IN
cned TO make CONCESSIONS than to expend some
tens of millions If we turn to Prussia, we see that,
during the war of S536 she showed decided aversion
to either without object solely TO serve the
ambitious views OF some particular Power As for Austria
she did not declare in 1856 when she had four allies
on her side; and that u these late friends might
very probably assume hostile attitude, Austrian polcy
would necessarily look for some other issue. France
has not yet bad breathing time the late war Hus
std on her side being occupied NTH Internal reforms not
incfiaed armed ntercsnion in quesions Of foreign policy
We therefore see probability tnat the existing reatons
OF European Powers will he disturbed unless by unlorc
seen events such political revolutions accompanied by
great connections