New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-09-10

ward movement of food prices. Some London pa
pers fancy TINT the drain of bullion nsepsabe from
large and sudden corn imports may be C0unterbal-
anced in its usual effect upon the money market by
the gold supplies from Australia. No notion
could be more preposterous. We witnessed,
during the crisis of 1857, lower ebb
of the bullion reserves than in any similar epoch be-
fore the discovery Of Australia and California. On
former occasions have shown by iocontrovertible
facts and figures that the extraordinary gold i'm
ports into England since 1851 have been more than
cOunterbalanced by extraordinary gold exports.
There is moreover the fact that the bullion reserves
in the Bank of England have since 1857 not only not
exceeded the average amount, but were continually
falling off. While they amounted in August, 1883,
10 GU 654, 500, they had declined to ZIG, S77, 255
in August, 1882 and to fl5,6s $40 in August,
1860. As the gold drain has not yet set in, this
phenomenon may be accounted for by the cir1um-
stance that the prospect of failing harvest is only
beginning to operate while, till now tne rate OF M
terest has continued to he higher at London than
the other principal exchanges of the Continent, VIZ:
Am,terdam, Frankfort, Hamburg and Paris.
Continental Europe exhibits at this moment
yery curious spectacle. France Is known TO la00
mderh heavy financial difficulties, but she Is creating
ornaments on a ale gigantic, with an energy
as uBtiIing as if she owned Aaddlns lamp Austria
totters on the very brink of bankruptcy but, some
bov, or other the money is found for feeding an n
meuse army, and crowding the fortresses OF the
Onod,ilateral with rifle cannon. And Russia, where
ali the monetary operations of the Government have
failed and the national bankruptcy is talked of as a
probable event. where the army grumbles 10 cOnse-
auence of arrears not paid and even the loyalty OF
the Imperial Guard is put to severe test, their
nav hayice been withheld for the last FIVE months
Russia. nevertheless is pouring her troops down to
the Black Sea, and holds 200 ships ready at NcO-
laieF in order to embark them for Turkey. The
inability of the Russian Government - cope with
the slave question, the money question, and the re-
wing Polish question, seems to have decided it to
try war as O last resource of national sOpOrUfca-
ton. The complains arising from all parts OF the
empire and al ranks of Russian society are con-
seaueutly by Government order drowned in the
fanatica cry of revenge for the poor, dOwntrodden
Christians of Turkey. Day by day the Russian
press teens with illustrations and demonstrations as
TO the necessity of an intervention in Turkey. The
following ex .ract from the iRU0tide may be consid
err fair sample:
"The Oriental question has reached a stage which
is certain 10 keep il before the Powers for long time
10 come and ss IL now enprosses the attention of all
Europe il would ill become us TO leave II undiscussed
in our columns. Those only who are Indifferent to the
interests Of humanity allow this topic to pass by
unnoiieed. We however, are obliged not only 10 re-
late q details of Oriental occurrences but also 10 al
lude TO the eventuaties of the future, especially as It
bebooves rs 10 chow the pubi. what must be
tai IN O1CeT 10 90 away VIII sUCn an bpSN
of tbirgs, forming, it does, the disgrace of our
century and civilization.
Ccnsid ring what acts of barbarism the Turks are
allowed TO commit, are, in Difference to truth aud
Justice compelled 10 acknO Wedge that Europe must be
held accountable for the origin and consequences of
Mussulman fanaticism. We will not hesitate to speak
ont frankly. What were the motives that prompted
Europe TO engage III unjust war against Russia in
1854? Europe herself put forward two objects as
the grounds of the Crimean campaign: One was
10 thwaIt the power and ambition of Russia; the
other 10 prevent the oppression Of Christians by the
Turks Europe, consequently, acknowledged the ex-
iseIce of such oppression, but IN order TO remove IT,
declared her determination 10 MAINTAIN the integrity OF
Turkey SIS a necessary condition of the balance of
power. The war being at an end diplomacy began to
busy itself with the for the attainment Of this
double object. The fret step to receive Turkey
into the family Of European Powers and to protect
her agsns the oveTweenDg interference Of any one OF
their nber. This being easy enough Of accomplish
ment, one Of the two objects was consequently &C.
cured But how is it with the otherl Have any
guarantees been given for the protection of Chris
tans against murder and every description of i'll usage
Alas Europe IN this respect put her faith in words,
papers, and documents, without any solid security
being accorded for their fofllmsnt. As early as the
Sth of August 1854 when the cessation of hostites
conte mplated the Porte was called upon to grant
equal share of religious rights TO its Christian and
Mussu man subjects. The same demand was raised by
St. Petersburg Cabinet in the memorials of the Goth
December, 1854; and finally the preliminary condi-
tons of peace drawn up at Vienna the LIST of Feb
rusTy 1856, and afterward embodied in the minutes of
the fire, sitting Of the Paris Congress, made TO in
elude the following words: The rights of the
Kayaks will be protected, without prejudice, how
ever, to the independence and sovereign dignity of
the Sultan. Austria, France, Great Britain, and
the Porte, of accord respecting the maintenance
of the Turkish Christians in the enjoyment of their
political and religious rights; and they will request
the consent of Russia to this proposition in the instru-
ment Of peace
"The same object occupied the Congress- in various
9TH ga ms he tha MINT of tho
Goth OF February and of the 2ih end 18th OF March, In
all ibis it was desTous Of attaining two objects mutu-
ally destructive Of each other-to pr serve the sOve
reign rights of the Sultan, and 70 place those of his
Christian subjects under the guardianship of Europe
The Congress altogether forgot that the rights Of
the Christians, which it 80 DESTROYS of establish
irg had been conceded over and over again by the
Porte in lie previous treaties with Europe-treaties
which moreover, had already abolished the sovereign
power Of that monarch, who, Europe said
ought he assisted in its maintenance To establish
little harmony between these two contradictory points,
the Sultan while induced 10 issue the celebrated ii i
Bumsy oum was acknowledged TO have acted from bis
own free will ard sovereign inclination. So he had to
promise that be would respect and increase the rights
of bis Chrsisn suhe;s and this promise received
into the treaty Of peace, by way of guaranty for its
fufllment as of its constituent parts. On these
conditions the Congress in the Oh clause Of the treaty
resigned all further interference with he intel Ral affairs
of Turkey
"But has the Congress really obtained any guaranty
for the carrying out of the Haiti Humayouml Have
any effective obligations been entered into by the Sui
tan OF this, nothing was provided. For although
the wisdom of the Haiti HnmayOum is much extolled
in the treaty, that document, az all Europe pre-
dicted has remained dead letter, But, worse than
this-EuIope, in virtue of the treaty. il deprived
Of al right of legal Interference though the Haiti
Humeyoum may never have been executed, and not
withstandiDg the preparation Of the most horrible
aIocues only four yesrs after its ssue Quite recently
Russia warned all the Cabinets of Europe that the
fana,icm of the Turks had diminished neither in zeal
nor Gerceuess that outbreaks were soon to be
expected although, indeed, there had been any
ipteIvsl Of relaXstiOn. Bat then Europe
satisfied with the promises Of the Porte aud INDUCED
herself in the hope that the guilty parties would be pun