New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-05-12

may hear OF analogous proceedings in Modsna and
Parma.
The King Of NspLs is dying. His death will be
the signal for a Muratist rising
THE FINANCIAL PANIC.
From an Occasional Correspondent
LONDON April 20, 1859.
Yesterday being settling day in Foreign Stocks
and Shares. the psoic op the Exchange. which had
commenced on the 23d, reached n sort OF climax.
Not less than twenty-eight failures OF members OF
the Stock Exchange were declared since Monday
last .f which eighteen occurred on the 2Sth. The
SUNS ip,olved reaching in one instance the amount
Of flCO, &C., surpass 10y far the usual average OF
such ..e1rcutiops." The simultaneous advance by
The Bank Directors Of the rate of discount to 81
per cent from "a per cent, at which IT was hxed on
Dec. g. 1853, an advance consequent upon the
,fflux of bullion nrcesststed by the purchase OF
silver for shipment to Iudia, concurrrd in slight
degree to highteu the disturbance. Three per cent
Con.ols quoiec April ., at OCT, had SUCK, April %
to 50. and for some hours even TO ssh Russian
A per cent stock, quoted, Aprl2, at 100 felon the
ssth to S. During the same interval Sandman
stock vent down from II to So, while the Turkish
per cent loan realized decline from 93l 20 o.
from hich point rose sg Tin later hour to OIL
Austrian 5 per cent stock was quoted AS low US Az
he principal circumstances that created tins enor-
nous depreciation of home and foreign stocks,
accompanied by similar fall in railway
shares, especially the Italian railways were
the news of the invasion Of Sardinia by the
Ausui.ns, tbr advance Of French amy on Pied
u,r I n, the offensive ADD defensive treaties con
ct, ded b-t~ zen F,apce, RnssI,, aud Denmark.
1t il true that IN The course Ut tn day th- te--
grnpb convey I'd denial gu tie part ut Ine C0nsu-
tui. nn,I O the offensive aud defensive treaty be-
t~rrp F,snce aud R.s.ia Yet, ccednI us aud
sai plnh- a. tb- Ste" K Exchange mind certainly Is,
10, once il dared tu dscret the v-rncity at French
..u fficInl decaratnus. IL had not yet c"ltrlved
Ia forget thai barely setk ogo toe Iionnsnr had
tsk. upon Itself to d-ny th,t France MAS aimiog
or ,btebd-d to arm. M"rco er, while d-nyiug the
treaty thr French nroclo confessed that an "un-
DE-, sud, e. had tren established between the
ts,,ern and the Western Aut"crat s. that toe de-
D,al 10 the best case, turned upon n qulbole W Ia
the failins Bnii.b st.'cb -obbes, there went down
NJ The ssu. time ib- Russnb loan of El2, OUO, OOO
"a bict bot for the sudden resolution taken On the
psrt ut Austria, Would have beru Swallowed oy
Lombard street Nj Simpson, the i0"Oey tcle
wr,,rr,i The Lomdon Trm.s, makes these curious
r-p srks on th- bur sting Of that loan bubble;
"OLe u the puIbts particularly worthy OF remark
IN the peseut state Of affairs il the escape the public
have lad from the projected loan to Russia Although
the designs Ut tst Power have been transparent ever
srce the prem allure termination OF the Crinean war;
through the IfueLce of our ally and the subsequent
eeiil Of the En- perors at stuttgart II was certain
Il AT no warnings short If absolute demons ration would
be of avail to prevent her from obtaining any desired
All cunt house Of standing could be found Wiling
to undertake the transaction. Ac 'ordingy, when the
schen for getting El2, 900 was put Out month
or two back the greatest citation and confidence were
expre.std by all the parties Interested. English cap
italists might please Themselves Only very mod
ernie portion would be gianied them! People at Berlin
ard es where anxious to get at on. of two per
cen, ub We the price at which to be offered 10
the l. ndon market Under such circumstances, there
WINS little hope Of any w'rd OF caution being heard
True neither Messrs. Barring nor RothHchild, who
are usually eager enough TO compete ID snch
matters. had shown any wiir gness to tOuca it.
There were also reports Of mysterious concen-
trait on Of 1000 Russian troops IN Georgia. ine
Russian EmbassadOr at Vienna likewise was SAID to
have remarked openly that the Enperur Napoleon
was quite right in deuandng revision oI the treates
G 1915 and finally, the recent cohrIvances fOr a1nu
ing tie Treaty Of Paris regards the DanuDian rim
cipailie- the t. Of the Grand Duke Constantine In
tie Nedte Tanea, and the adrolt movelSht Tor c"un
ternctnv the pacific mission Of Lord COwley, might
have been supposed sufficient to induce hesitation.
But nothing iLhueuce sanguiLe English investor
beIt ul.,n what be CONCEIVE ~ Dc STOCK tuht VIII
Weld him , per cent aud there no measure to bis
copten pt for alnsts. So the hopes Vt the contract
or, rem aimed undninl-he'I, aid was actually only
day ar two before the announcement OF the Austrian
Min silm that the lat deliberations were held In o.,
de 10 have everything in readiness to bring out TINS
IT, posal Al a onlrut's notice On the very next re-
cei If trauquilizng assurances 10 the Fre"ch MGH'
mi io back thore already furnished, that France had
lot armed aid did not intend Ia arm, the whole anah
Was TO prove great success. TIE criminal move
EFT II Austria however. in nat waiting tll her oppo-
I.tt- had obtained all they required spoiled the pro-
cetdug and the fl2 600 so will no~ have to be Aept
at home"
At Paris, Of course, the panic Of the money mar
k.t and tn. failures consequent upon It, leave the
I,opd. o sturbo c~s far behind IN the race; Out
Louis Nsp"leou, having just voted himself NV
losn Of 10000 90 fiaucs b, Dis to'In-n OF Tue
Corps Legi,latif has rgidly FORBIDDEN the pubic
press 10 iake AMI notice Of these untowafd acc'-
cents. Ye We may arrive at ju't appreciation
a. the p..ept state Of things b. perusng the fol.
louipp tabular statement, Which / have extracted
FRI IN the Cfiiclal quotations: 49, AIM,
Three Per C.u,...... So % 81 as 800
Bsrk fFrSnc- .haIes ss5 % e.4o o. 2yoO
,sti, Mooil-r....... Sn6 % M 81 5paHR@