The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-05-30
Political and Comnercial Clouds II
Eurspe-Dangsrs fn she Path.

The signs of the times In Europe are oml
nous. The popular hero of the Old World,
with sword and life In hand, and the golden
promise Of liberty on his lips, has landed in
Sicily with slender band, and ali the nations
and peoples wait snxiously for tidings Of his
fate.
Few doubt his success; for the line Of COZ
duct which has been embraced by the young
King Of Naples Is such as to deprive him Of all
popular sympathy and to turn aside even that
of his fellow monarchs, who have come to con-
template him ss q standing illustration of the
benefits of freedom, by presenting In glaring
light the bittereet evils Of monarchy. Naples
forms Q constant incentive TO revolution In
Southern Europe. The government given
over entirely to the guidance Of priestcraft,
has pursued system Of oppression, imprison-
ment and exile that has been q reproach to
civilization for many years, and the present
young King has shown himself to be more
priest-ridden and intolerant than his father.
The governments of Western Europe have re.
.nonstrated with him and threatened to suspend
diplomatic relations, as they did with his father,
TO no purpose. AT last the example of the
Italian Duchies and Of the Legations has reused
the Siciians to effort and the King of Naples
stands in the path Of revolution, without
friend and without moral support outside of
his own dominions Within the kingdom of the
Two Sicilies public opinion is like an over
charged and pent up volcano against him. The
appearance of Garibaldi upon the shore brings
to Sicily the point of concentration which it
required to consolidate and direct its action.
Esna has burst forth, and there can be little
doubt that vesuvius will answer to its call
The great question Of the day is, what will
be the effect of this movement on the rest of
Europe? In the doubt that attends the answer
public securities have fallen, and every ex-
change in the great money marts has a
cloud over it Men have not forgotten
that the revolution which blazed through
Europe I'm lsis, sweeping away 80 many
splendid fortunes, 60 many strong mer.
chant princes, and toppling so many pow
erful thrones, began In Palermo. 1t is true the
state Of Europe to-day is very different from
what 1t was in Is4S. But what is its condition
today It is not alone Sicily and Naples that
are in ferment-the States Of the church are
kept from revolution only by the presence of
French troops. veneaa Ia burning with desire
to follow Lombardy into the arms Of Piedmont,
Hungary is ON the verge Of outbreak. Austria,
poverty stricken, finds herself powerless to re-
sist torrent Of public opinion. Germany is
again agitating for German unity. Russia Is
stirring up to revolt the Christian population
of Turkey. Between France and England the
public relations are so insecure that the French
Emperor has issued orders 10 the press to use
no strong language towards his ally. Doubt
and distrust prevail everywhere.
There ID cause for the Widespread exist.
ence Of this feeling and It lies in the fact that,
except in England, men do not believe that the
existing state Of things is stable enough to Sc
cure 1t from revolution. Should the same fever
run through the Continent that pervaded IL In
ls4S, the thrones Of Prussia, Austria, the Pope
and Naples would soon be swept away, and
those of France and Piedmont save themselves
only by going with the revolutionary tide.
Louis Napoleon would endeavor to direct rather
than to stem the torrent England could not
permit her court circles TO act on their perso-
nal sympsthies and alliances with the German
princes, bu. would compel them to hold aloof
from all Intervention. Russia might seize the
to fly her eagles to the Darda.
nelles. All Of these things lie In the path of
natural development Of the existing state Of
things In Europe; and in them every man can
perceive innumerable causes for International
wars and domestic conflicts.
At such moment our merchants and inan-
ciers will do well to remember the Lessons of
is4s. The demands Of Europe ON us may
change In their character In any
one day. Orders TO stop advances on ship
ments Of products, TO realise Investments, TO
ship specie, may come In shoals upon our now
pleihoric money dealers, at any moment Re.
volution always creates strong desire to
hoard coin among the people, and an intense
want Of money among governments and the
governing classes. This affects trade and
brings sudden ruin 10 the merchants. All of
these causes may follow In the wake Of Carl
baldi's steamers scross the arm Of the Nediter-
ranean, and the year yet take its stand In the
long list Of past years Of commercial depres.
sion and financial panic. Europe exists on
The verge Of the abyss Of revolution, into
which single sdventurer's sword-s Garibsldi,
q Kossuih, or q Louis Napoleon-may at any
moment iopple her thrones and her merchant
princes together.
The POLITICIANS AND THE COMMON School.
CosrESnoS.-The ANAL politicians of this city
are In great excitement about some removals