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

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Our London, Paris and Berlin
s CoFrespondence.
TIVE APPROACHING CONGRESS- OF EUROPE,
-, de, -.
Our London CoxrespoAdeAces
LONDON, Dec. II, 1850
NE sues Caxal PysoL1eEisA S.fsAnas and Jealonsy-
Improvements IN the Prcepcss Of ne Great Ess0n-1N
vsasl Lady b b Chartered BY ~. Leu1-zAe Trans
atlantic MAJ Service via Cork-D7artsws Of M Buck
jngAam SmaA for America, dc.
Commercial and political affairs are, a. usua mixed up
.sgethsr, and this week the intelligence more than
susly importank Tho British government has 90 long
ssen accustomed 70 hold sort Of police control over all
surope that seems extremely hard TO give up the sway
Egypt stands a one 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
~h that Of Great Britain In matters relating 10 the King
.om Of the Nusselmans.
Now the great bone Of contention has been the projected
canal across the shmus Of Sues Joint stock company
with n dc Lesseps Ut the head Of IT, open 70 al the world
carry out the project Permission WAS actually granted
tina. 10, Turkey permitted the vceroy Of Egypt 70 grant
the permit when the pckaxe and shovel ready
break ground, national mandate from the banks
Of the Bospherus, crying "Holdp 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
jecte." The matter came to be discussed various
were given, and hints thrown out why Turkey
stood in the way. No apparent authoritative vsice
from the British government but, somehow, was sup
posed to be nimcal 10 British interests. Somebody said
ships could pass by Suez and the Red Sea from the Ne
~iterransap creating short voyage India without the
necessity Of any ranshipments, Journey around the
Cape Trieste and Narsees would become places Of great
Importance and London be NO longer the centre Of tho
Of tho world. The French papers remonstrat
cd at the nrmm inerdictns the scheme discussion was
forced on, and what were told ? Why, the TINES
very cooly-lthb was some two Or three weeks
ags-sated that England had possible objection the
canal Msould be built but objection made II, be-
feared that shareholders would lose money If
the making Of the canal were attempted.
What wonderfully benevolent soul John Bull, IN his
national capacity, had oil at become! No govern.
nent objection had been started prevent EElish.
men laying out their money in railways ct Panama, in
canals around Niagara Falls in any other schemes
however wild unsafe much less to forbid the carrying
cut of the projects by those who wore willing
70 undertake them. But mark the result of this
solemn fares-this deg in the manger pcHcyi II
ID sauthoritatvely sisted that France, Russia, Prus-
IN, Austria, Spain, andeven Sardinia'ta t. brste'-
through their ambassadors the Porte told the Sultan
ne canal should be built Fuad Eend the only Turkish
Minister opposed the canal project resigned the
lpeor Sultan found himself surrounded by most pressing
friends with only the sword Of Damoces, welded by Eng
hand, on the other ede Now, what do we fndS Why.
England backs down. and gives up the point That such
10 the case in reality, any one who runs may read.
The Times, Lord Psmeraton's organ, rs leader yes
terday, says very tamey ;"Sericusfy, however, we
people are sent upon SINKING their money 0'ns II
the sand, We should concern ourselves in doing
more than We have done to couneract the deusion We
cannos see that we bound to sustain eternay
the cause Of good sense against H. de Lesseps his
company or TO- advise the Sultan Against four great
OF course We all understand what thisrueans In the
saars Of Europeparticularly in matters relating Tur
part Of bully That game, however, that two, and
more than two can play at and when foa great Powers
nen1 that all the world are Interested in, Madam
as, ssnn ana mas s sSsss little Il hsE .haugn.
Great Britain could have retired gracefully from the
puts wry face On the affair while backing out Of tho
roughly untenabe position. But the mater will not
the British lion should show his teeth AS to the paltry
preence that this country looked the question only
y investment g.,
you will by che articles the London Telegraph the
STAR and other papers, that such is not the view taken Of
would uadonSiedy be perfectly just fer Egypt and
her aies-those nations desiring the hieEway-to
tribute the necessary funds pro rata according to the
commercial maritime position Of each and invite
the United Staes Great Britain and other Powers to join
and exclude those who declined to contribute But the
canal company organized by NJ de Lesseps, under the
patronage of the French government thoroughly
liberal basis The money to be raised by joint stock
company their investment is to be made profitable by
scale Of tolls and 1t ID to be open all nations alike
The suez Ship Canal will inevitably be built and the
United States win share in the advantages.
send you both q map and panoramic birds eye
view Of the ground The canal is to from the bay Of
Peusum on the Mediterranean, entirely to the Of all
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 Pharaohs, passing through
natural valley using several fresh lakes leaving the
land Of Goshen on the right and running close by the
Cambyses entering the Red Sea just by the eastern
walls OF suez The railway already built is very long,
snd r cS " route being lsa miles from
he surveys Of the engineers and the maps and plans
grossly p untrue 70 nature the plan i perfectly iea
subject Of discussion at this moment The question s
can Great Britain be permitted to stand in the way Of
blow st her maritime and commercial supremacyf TIE
eadng Powers Of Europe are just now saying emphat
The fortunes and prospects Of the Great Eastern are
held in January, and in few days we are to have the
report OF be arbitrators between the builder Mr. Scott
nusbeh, eno ue company nave direct positive infOr
nation that this award will be entirely favorable 70 Mr.
Russell say this with the pleasure ~ most I'M
inst statements have gone forth in letters TO the press
from Interested parties and Others Of which have
appeared in the HERALD.
late meeting convened by indignant shareholder,
broke down for want OF quorun. There was consdera
PIE noise and osnfusion but no resolutions, sens
BILE Conclusions Al the meeting of shareholders to be
held jan 1lh $780, all business matters pertaining 70 the
ship will DO brought forward, and some definite action
taken respecting the commercial position of the gran
piece OF marine architecture the ever saw There
now direct prospect that the ship will be chartered 70
Mr. John Orrell Lever several Of the leading Directors
and majority Of the shareholders being in favor of that
that is done, will thres or four very
desirable ends The company win money enough 10
pay of all the debts and finish the ship abe will be put
into regular trade and the shareholders will guarau
teed handsome dividend their shares par II Is
much 10 be hoped that this will be DONE for Mr. Lever
gets the steamer she will make her fret voyage New