The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-01-04

J THE CANADA's HALLS.
Our London, Paris and Berlin
* COFrespondence.

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TINE APPROACHING CONGRESS- OF EUROPE,
o., 10, -.
Our London CoxrespoMdences /
LONDON, Dec. II, 1850
NE Stes csmal -1rglisA S!6sAnas and Jealouey
Improvements In TIE Prcspeas q ne Great EaaU1s-fAe
Ysssl Lady b b CNassered By ~, Leur-1As 1rans
atlantic xaa Service via COrk-Dpartwe Of NJ. Buck
ineham SmitA for AMERICA, dc.
Commercial and political affairs are, usual mixed up
ssgether, and this week the intelligence than
uusy importank The British government has % long
accustomed 70 hold sort Of police control over all
Europe that It extremely hard 70 give up the sway
Egypt stands at OF the commercial Getaways Of the
world Egypt 10 controlled by Turkey, and the Grand
Porte, In turn, BY England. However, since the armies
Of France England and Turkey fought side BY side before
sebastopo France has claimed and justly, Alright ooequa
9Th that Of Great Britain In matters relating TO the King
om of the Musselmans.
Now the great Of contention has been the projected
canal across the Isthmus Of aes Joint stock company
with dc Iesseps 1t the head Of H. open 10 al the world
" take shares In formed two Or three years since, 10
carry out the project Permission was actually granted
that s Turkey permitted the Viceroy Of Egypt TO grant
the permit but when the pkaxe and shovel were ready
break ground national mandate from the banks
Of the Bospherus crying "Hod" That the finger Of
my Lord Palmerston. By the mouth Of the British
Ambassador at Constantlnople, he said TO the
Sultan, "You must not permit it; England OBJ
jects." The matter came to be discussed various
reasons were given, and hnss thrown out why Turkey
stood in the way No spparent authoritative voice
from the Brtish government, but, somehow II was sup
posed be innica 10 British interests Sonebody said
ships could pass by uez and the Red Sea from the Ne
terransan creating short voyage 70 India, without the
necessity Of any ranshpmens, Journey around the
Cape Trieste and Narsees would becoe places Of great
importance. and London be longer the centre Of tho
commerce Of tho world The French papers remonstat
Cd At the nrmun interdictng the scheme discussion
forced on and what we're we told Why, the TIMES
very cooly-lths was some two Or three weeks
ass-stated that England had possible objection the
canal soud be built but objection made 10 il, be-
cause feared that shareholders would lose money
the making Of the canal were attempted.
What wonderfully benevolent soul John Bull, IN his
national capacity, had all at ence become No govern.
nent objection had been started to prevent Egsh
3cyng out their money in railways ct Panama. In
canals around Niagara Falls, or in any other schemes
however Wild unsafe much less to forbid the carrying
cot of the projects by those who wore willing
70 undertake them. But mark the result of this
ssssmn fares--ths dsg in the nanger policy It
is sauthoriatively sisted that France, Raa, Prus-
sa, Austria, Spain, andeven Sardnis''a to brsae'-
through their ambassadors at the Porte told the Sultan
ne canal should be built Fuad Enend the only Turkhh
Minister opposed 10 the canal project resigned and the
fpoor Sultan found himself surrounded by pressing
friends with only the sword Of Damoces welded by Eng
land, on the other side. Now, what do hnds Why.
England backs down, and gives up the point That such
The Tmes Lord Palneratons organ, In rs leader yes
terday, says very ENTHUSIASTICALLY, however, we
noa mn he ponr3n acr okhn
people arc bent upon sinking their money in
the sand, We should concern ourselves in doing
cannos see that we bound TO sustain eternaly
the Of good against H. de Lesseps and his
fs.s or to advise the Sultan against four great
OF course We al understand what yhsrneans In the
key spd S ons psy 70 the
part Of bully That game, however, that two and
snd sss9 %
nents that al the world are Interested in Madam
nsss and a NJ amaze s .,. e q q nv Insaugn
sest but now there no grace In such step She even
puts wry the affair while backing out Of tho
roughly untenable position But the mater will not be
the British lion should show his teeth AS the paltry
preterce that this country looked the question only
financial and bad investment for stockholders,
you will by the articles the London Telegraph the
star and other papers, that such the view taken Of
would undoubtedly be perfectly Just Scr Egypt and
her alies-those nations desiring the hieEway-to
commercial maritime position Of each and then invite
the United Sates Great Britain and other Powers join
and exclude those who declined to Contribute But the
canal company organized by NJ de Lesseps under the
patronage OF the French government, s on thoroughly
company their investment is to be made profitable by
scale OF tolls, and 10 TO be open TO al nations alike
PIN T e Be built and the
send you both q map and panoramic birds eye
tha IN Tho ~
the mouths Of the Nile, and run nearly due south to
suez, ninety miles along the site Of the ancient
canal built in the time Of the PharsOhs passing through
natural valley using several fresh lakes leaving
land Of Goshen the right and running close by the
Cambyses, and entering the Red Sea just by the eastern
walls Of suez The railway already built avery long
dria to Cairo and "a miles from Cairo to suez Ualess
abe surveys of the engineers and the and plans
@ u H.. not the plan mos. perfectly s
subject Of discussion ct this moment The question is
can Great Britain be permitted to stand in the way Of
great commercial project interesting TO the whole civil
hsed world simply because che sees in its execution
blow 1t her maritime and commercial supremacy TIE
leading Powers Of Europe are just now saying emphati
The fortunes and prospects Of the Great Eastern are
looking brighter meeting Of the shareholders to be
report Of ie btrators beswesn he builder Mr. Scott
nation that this award viii be en.rsiy .vorsols to M
Russell say this with the pleasure as most IN
from interested parties and others some or which bsx
appeared in the HERAIp
late meeting, convened by an indignant shareholder
broke down for want OF quorum There considers
bic noiee and csnfuson but resolutions nor sensi
BILE conclusions Al the meeting Of shareholders TO be
held Jan m 1850 all business matters pertaining TO the
ship viii be brought forward and some definite action
piece OF marine architecture the world saw There
now direct prospect that the ship will be chartered 70
Mr. John Orre Lever p the leading Directors
and majority Of the shareholders being favor Of that
course that DONE will thres four very
desirable ENDS The company win raise money enough to
pay of all the debts and finish the ship abe will be put
into regular trade and the shareholders will be guarau
teed handsome dividend their shares par II Is
much 70 be hoped that this will be done, for Mr. Lever
gets the steamer she will make her fret voyage New
York, and give several million Americans the |
opportunity To inspect Noahs Ark, Jasous Argo Cleo
pAas barge, the Adriatc the Vanderbilt and the Persia
Al relied into ons and something grauder than them all
Whether the Great Eastern If put into the New York