The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-08-03


the late misunderstanding Occasoned by the refusal Of
the Cabinet of Berlin to join in the circumstances address
cd 10 Turkey, appears to have vanished
The Prussian ambassador at Court Baron Bismark,
who has been absent sick leave for some months has
now returned 10 bis post, and labors assiduousIy
10 cement the ancient alliance between PRUSSIA
and this country besides which, the accounts con
tnuay arriving from the East must convince the most
increduous that Gortchakof was justified in draw
ing the attention Europe 20 the condition of the Chris
tian subjects the Porte, and tina, Intervention of
The great Powers absolutely necessary put stop to
The atrocities psrpctrated by Meslem fanaticism.
Our public had so little confidence n the success Of the
loan that to be- raised in England and Holland,
through the medium OF Messrs Barng and Hope that
they were asreeaby surprised rather than disappointed
eight had been subscribed. In the present state
OF politics and Of the European money market, the
attempt 70 realizs foreign loan rs pretty gene
rally considered false STEP especially the conditions
were not favorable enough TO attract adventurous specu
lators The plan Of new government bank, under the
direction OF the celebrated hnancier, Baron Segtz,
meets with much greater approbaon but the whole
Mr. knaevitch (our Munster of Finance) has hitherto
been jealous than successful in his endeavors TO
improve the financial condition OF the empire viii 81 suf
fered very seriously from the mmoderae issue Of paper
during the late Ii might be thought that the four
years peace we have enjoyed since them the revival OF
trade occasioned by it, and above all the reduction OF
the army would have had beneficial effect, but unfor
tralize it. The great European crisis OF 1851
and '5s, though not Immediately felt In Russia,
reacted eventually upon with unprece tRted
violence, and reduced our mercantile community to
state Of prosraon from which has net yet recovered
the revision Of the tariff caused enormous Influx OF
foreign goods which the successive bounfu harvcsts
Western Europe decreased the demand for produc
tions had to he paid for hard cash. while at the
time large sums were Of the country for the
ierial Of the railroads that constructing.
Thus the quantity of precious metals which had increased
very much during the reign u Nicholas, when their
port forbidden diminished rapidly thai of the 40
millions roubes that In circulation in 1855 il s
calculated that not above half remains in the country
All this led 10 a depreciation OF the a,er cur.
rency that has bad disastrous effect upon the
financial situation and TO reme which Mr. nsievitch
has been exeftng himself so anxousy ever since he
tered office. As 70 the reduction of the army though
numerically OF great importance has not been attended
with coesps nding reduction OF expenditure We have
scarcely 400 coo under instead of 800 900
a million but the pas of both officers and soldiers has
been raiset their arms and Announcements have been
greatly improved snc vas, sums have been spent in
asting artillery on the rife ~ stem The reorganization
d the navy, which has been pushed forward with won
derul energy under the auspices Of the Grand Duke Con
stsntine, costs mint Of money, the whole feet OF
sailing vessels having been converted into screws or
sroksa up and replace S.D a nes ones s Con
liefe, purchased in France. England and Anne
rca Of which the General Admiral alone stood in
something like million OF dollars In addition TO the
army, the navy, aud the civil service, In whca the
salaries of the officers have also been considerably
creased IN the VAIN hope of putting epi 10 peculatop
must forgotten that have very expensive
imperie family IA maintain. The &c IL probably coun
try the world where SO many separate courts kept
up ss in Russia boast Of no less than eight viz the
the Empress Mother the courts Of the Grand Dukes Con
santpe Nicholas ald chac the court Of the Duchess
(widow Of Mich ae Poulovitch) and that of tho Prince
and rncess OF Mecklenburg, all With retinues
Of titled and untitled Wallets, who paid handsomely
Tor dong nothing, and all making expensive journeys
DAD every year. especially the Empress Mother, who
osola os almost continually between Nice and weldoad
and whose extravaganza 10 proverbial The Emperor
and Grand Duke Constantine have both IA miles
OF and daughters who due time will have ablish
mcpts OF their own the younger brothers following
q their mo- oh
progen,veness should be ngiy developed in their
assSendan,s hi.y years Years Russia win be perfectly
who must all be provided for At the public ex
pense, unless the Turkish custom be adopted Of
the regnng dynasty You Americans fortunate peo
pie you pay your President but not expected sup
Seriously however, government will either have
tail It's expenses 10 new sources Of revenue, In
which income tax would psesent the most natu
raj expedent But although an import OF this Kind Is
adopted in almost every other European State IL would
be vehemently opposed by nobility, who have been
hitherto exempt frr direct taxation, and who
dy excessively suky at being Obliged 10 emancpae
serfs without equivalent which the liberal Prince
Iplsorouky calculates at one huudre roubes head
hundred roubles upon ten millions OF serfs would
make the nice little sum OF thousand millions roubles;
truly modest demsnt In present financial condition
But says the Prince might easily be raised by issuing
government bonds-which, Of COURSE would be first
rate way prevent the further depreciation OF paper
not show the liberal" ideas OF their colleague and will
submit though with good deal Of grumblng, TO accept
an indemnity for the land occupied By the peasany,
without insisting on their paying ransom for their per
sons; but Il Will be from this how difficult It
introduce rational system OF financial administration in
hear that Sir John Champion, the British Minister,
who left for England few weeks since, will not
return to 81 Petersburg He has requested TO be removed
to some other postnot for POLITICAL but for dom sstc
reasons. His lady, who was great hvorte with the
lcdu node OF the capital long she Miss Victoria
Balfe 1nds herself In false position sho rs Ltdy
pon our arstocrac danes being furious at having
70 yield the pas the Ambassadors we whom they ave
salons The consequence is that since her marriage
they have been carrying on war tpn9cs with her,
UNTIL after spirited resistance, the fair Hbcrnisn has
prevailed upon her husband to retire from the
Lord Broughsm's Insult 60 Mr.. Dallas.
GFroI the London cnroniolc, July ISL
Is the pointed insult levclei at United States by
Lord Brvugham at the Statistical Congress Monday
be made an Information question: No could mistake
the aim 81 the remark thrown at the head OF Mr. Dallas
when Lord Brougham challenged him 10 notice the
presence a Now, either that fact presumed
tn be onensiveto ,ir Dsllas-n which 10 draw at
ttttiol 10 u was IN Itself offence IL sup
posed "a be one nsive, ard In that Mr. Dallas was
suddenly aid unoouteousy called upon 20 do penance
the suspected preJudiccs OF his county II Is difficult
Ia reconcile such act with kindness courtesy dc
corum. Mr. Dallas ATTENDED at the Statistical Congress
The representative Of the United States the asgrcssor
WIS a member Of IN House OF Iords-hc has been
Lord Chsno, Tor, AID the attack made bsfure the
Prince Consort, who Chairman the aston In
decd, the attention u hs Royal Hghness specifically
craNn 10 the outrage by the person who the imme
date subject of lord Broughans predicate; the gentle
man IN taCk asked especial PERMISSION OF the
Chairman TO thank Lord Brougham. All circumstances
therefore, are of kind that would justify the govern
ment q the United States IN demanding formal apology
either from Lord fougham, for his wsnton escapaie
from The prcridDg authorities of the which the
outrage was ptrl ated. The authorities the more
bound tom<e some notice Of the occurrence,
inclined TO suppose that Mr. Dallas attended the Cong rcss
by Invitation IFS he accepted the invitation receive
the treatment which We have described.
There are, indeed, considerations which make as
pethcr expect noe wish that the violation Of decprum
should receive any official Dotce Lord Broughsm u no
longer young. he born In lTTs and although he has
preserved his faculties In extraordinary degree
would be unjust 10 assume that the orgtulnees OF which
he was guilty on Monday would have happened four or
I've years ago, OF pcrha two three
There another rasoa why every record OF the oc
currence should he cancelled The good that mcu do II
has bccn said lives aztec them. the evil dies with them
There Is indeed Ia the very pr ncple of evil tendency
10 sell cAtEcton aud the examples which have hii "
vice in public life have had their as lessons.
while the examples of virtue have bcen direct In
their melt m ,nts, besides adding TO the constant
secretion Of human knowledge ard civilization. Henry