The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-03-13

Grant that the Of the priesthood-and that pre
hood the Romans excessive; grant that t0e FRENCH
people ar generally what would be considered sim
selNsnt-that s, measured by an tngish or American
sAandssd grant that they not accustomed 70 free
sOeech free thought free press and free trade grant
eli this and still must admit that thirty six millions
= people between the Bay OF Biscsy and the Rhine be
cannot be kept in swaddlng clothes, while the
infant nations on every side are rising in their
n 1neroa smash the republic, let liberty degener
into license, and still must come TO the cencauson
shAs hirtysI millions Of people in the west Of Europe
cannot be enslaved; nor do people worship the empty
pAantom Of q name, however IL may be fraught WITH
gvous deeds and memories, long as thai name does
so anord the adequate amount Of protection ana 'ree
There sput one hope for the dynasty of Napoleon and
that such an amount Of political liberty ana VOICE ~
~ State tho spirit Of the age demands Many OF the
master minds Of France have been DRIVEN mo exo anu
whether these recalled not the force OF imperial
How haze stock speculations, and even many large
senmercial transactions, been carried on in
~, he Bo1rse in such direction a 70 create
NE very diversion of public opinion that certain fixed
peculaons required On course no mere private indl.
ne mercy Of chosen few Al the head OF these-pass
nj by the imperial head-was the most INSCRIPTIONS
vIlAi1 in all Europe, Count de Morny. N. Mires has
sgccumbed to the pressure and he declared il he were
ri Sustained he would expose everybody above and
ground him But one hundred and twenty million dol,
ahe crash came. Be not surprised II II creates money
PANIC throughout continental Europe If you should
rSerca complications the two sides Of would create
. orieis here | have heard more doeful gossip on
Change here than has been talked since 1857. One
blgw from unseen unusual quarter would make
. lad time here.
Very great interest is felt in the approaching news
From America the Inauguration draws near. The
sewdes prophets here predict before many months
sn the continent Of Europe, and you also have war
Mere will be vey great arrangement OF commercial and
1snetary affairs
All eyes are now turned towards Hungary,
and with good resson-an outbreak may at any mo
Isasure, defy the Austrian government, and refuse
submission TO all laws that are not palatable,
snsctments Of 1S4S. Austria s weak, doubly weak
both in finances and the loyalty Of the people You may
expect at any moment to hear that war has begun on
ne Danube. l do not expect IL under two or three
months but it may come much sooner. Let war once
esnnence within two hundred miles Of the Black Sea or
Ne Turkish domnioDs and the egons Of Russia win at
snoe pour into Consantinope calling for the instant
reference of John Bull The British government and the
nsitsh people have means at home credit abroad and
certain TO have large hand in the adjustment Of AZ
Ars
terhlly changed by the extlngushment Of
ia Bourbon reign and the Sician kingdoms in Italy,
and yet greater changes remain TO be wrought in the
esmng the shores Of the Adratc the Danube
and the Bosphorus In long race II is bottom that
wns and the teher Of some Of the despots is nearly all
hauled in.
The government Ministers and jew bankers Of Paris,
and the Toyds Thompsons and Cobbs Of America must
not create Notifying impression among Americans and
ESenchmen that only their great delnquents.
We have had some bad scandal here during the
het few days touching late prominent member
Of Lord Palmerston's Cabinet-Mr. Samuel LANG,
ncw Financial Minister TO India. He was mixed
mp in the specnlations of the Great Western
Railway Of Canada and took profits from two opposing
interests The reports and rumors too papabe and
sxeng 70 be contradcted Really frauds in high places
viii never cease Mr.. Lang was the Under Secretary
Who made the "stitement,n az it was called, in the
Hose Of Commons, the motion by the government 10
ssnGrn the Galway contract and he bore down pretty
severely some Of the parties engaged in getting up
tat concern. When he offered the post that he
eeped India be resigned his seat in the House of Com
Hue and great surprise was created when leaked
that he had recommended TO his constituency at the
extremity Of the kingdom-John OGroat's-to elect
hi successor Lord Bury, Of the fimsest and
corrupt OF the junior members OF the British arstocracy
He was elected. lang went to India, and nOw the
srSoircisserseut takes place.
No failures OF any particular note have occurred dur
wagsta-a native Of ths country, baron Of Sardinia
and eort Of rowing speculator who has spent some
years In New York-has lately become bankrupt with
liabilities amounting to $50 000 He mad something
- with getting up the unfortunate Galway Steam Com
pany, inssmuch he brought into the management my
whom seemingly being In disgrace Mr.. Wagstaf Dor
OF Americans, and got hold Of
~ mp to the very day he got into the gazette He ID
lad let and will be strange If IL does not hard with
American Association here, and believe went far
pretend at times 70 be an American. He sailed exclu
ssefy under the British flag and he turns out pirate
~ not hf deeds be laid TO the credit Of the grea. -
poblctof the West.
Our Paris Correspondence.
PARIS, Feb % 1851.
5Ae Arrea cf NJ krs-Erci<men. in PGris-EndeGrors 10
Screen Hin-Panic on the Bows-fsndncial Condaion