, 1861-03-01

The State OF Europe.
Iootrespondsnce OF tho N. 7. Tribunal
! TURIN, Feb. s, 1851.
The year Of 1851 bids fair to embatraas th
Ministers Of Finance. In India there is a de
1clency Of six millions sterling, in England O
two, and in Francs Of four, Hhiie IN Its1Y ios1
Of tEeuty millions Il required to meet the e1
pendlture and afmaueuta Of thcneT kin0dom
and In Austria the confusion IL so great tha
not eVen the Minister d able to prognosticat,
the eventual wants of the Empire. This gen
ssal dsarth Of money produces =. correspond
ifhes different States, and even the King O
Prussia, who continually twaddles about tht
dangers Of the Fatherland. fiuds~ no reaponst
among his people sufficiently to encourage hi
Unexpected pugpaeity. The Committee fol
preparing the reply to the speech from the
| pf the Assembly, By saying that the blood and
! resources OF the country are exclusively fot
me defen9e of the national German cause,
Ia1s the idea offightiug the Italians In defence
q austrian interests IN Venetia Is rejected in
an laoirect way, az reply to the rnnors Of q
her the frontier Of the Mineio and The Po: MS
emperor Of Brance, too, declared in bis speech
from the throne; that France will not prevent
eilnef revolutionary OF reactionary move
ments abroad, but strictly preserve neutrality.
ano see that it is preserved By others Thus
4 AoesnIhs theory, expounded in 1851 and 1853
IN England and Ametica, and secuted by fha
conservative party In both those countries
now gets the sanction Of Imperial France, and
may soon become one Of the axioms Of inter-
national right @'1'S'
The Italian question is losing much Of its
interest, now that the result Of the election
nag. nag completely al approved Count Cayour's pa
come the Watchword Of the Italians, who
strongly believe that the financial din
culties Of the Austrian Empire, and the Hun-
ga11an complications, must, in the long nm
cripple the power Of Francis Joseph, and IN
d1ce him to sell Venetia AS to Gaeta, the
analr az Ii more serious than we ali believed.
Inc bombardment had no great effect, and
made scarcely any impression upon Francis
T., VINO, after having, lost two crowns with
ont o1ef1ng any resistance, now suddenly dis
Piays dogged resolution worthy Of better
cause. The Italian Generals nearly despair Of
being able to take the fortress by assault, and
intend to blockade 1t by sea and by land so
strictly as to force the garrison to surrender
~ famine However, since the place Is pro-
F1s1oned Tor full four months, the hopes Of
speedy surrender have been considerably modi-
fied-much to the disp1easure Of the Ital-
ians, VINO Know that the question Of Rome
depends almost exclusively upon the expul-
sion Of Francis u. from Gaeta. Napoleon
has, indeed, an intention Of withdrawing
his garrison from the Eternal City, but onlY
after the complete solution Of the Neapolitau
Question IN the mean while the Papal troops
and the Italian volunteers Of Umbria are en-
chief places where the Neapo1itan Bourbanists
organize themselves for carl ying the war into
the mountainous districts OF the Abruzzi. Yas
attacked and taken by the italian General
sonnaz, who still holds the town, though it
belongs to the socalled patrimony ofst. Peter.
me me faPal Colonel Becdelierre, On the other
13HH EJITrY1aA1 u m nF foI~-
Correse In Umbria, and carried fifty soldiers |
Us prisoners to Rome. The volunteers Of Col |
onel Masi kidnapped in return Roman Bisbop I
ana carried him to Peruggis rs hostage for |
the safety of their captured comrades, The |
FTeneh General GuTon has, until row, refrain |
way, but he disar1nz the Neapolitans who |
cha1ce q to fall into his hands, and confscates |
an the arms which are introduced BY stealth |
INTO the Roman States. AS to Gariba1di, he I
oldes his time and remains quietly at Caprer,.
refusing to bind himself by any pledges |
toward Count favour or the King to keep |
peace; but on the other hand he makes no |
preparations for any new expedition. He
watches, however, the turn Of events in Hun
gary, where the agitation has not vet dimin- /
lshed. As tar as We can judge, the Huugarians
IRE 4 most anxious to preserve peace. They
'tudtously avoid any possibility Of an armed
conflict, and, protesting against any interfer-
lions. 1t seems that one or the other Of the
exiles may be elected by one or the other
electoral districts but 50 much is certain. |
); nat Of the $50 mambers Of the Hungarian
sarliament, hardly one will be found to de-
END the Government. With q complete una
lirnity, the restoration Of the laws Of 184Saud |
he rehabilitation of the exi]es will be re-
luired by the Dict before Francis Joseph can
]a crowned. SILL, if he makes I'D his mind tn
srant the wishes of the nation, and upon this
oasis to be crowned by the crown Of St, ste
'hen, he may count upon Hungary, which, |
lnder such circumstances, would soon cease
o threaten him with an insurrection, Such
concessions, however, imply complete
mango OF the Austrian policy, amounting TO
transfer Of the center Of the Empire ffom
Vienna to Pesth. In TACT, Austria would in
uch case BECOME an Eastern power, as her
lame requires. She would have to Eiye up
Ter German schemes Of empire and supreme
=, and to sell or exchange Venetia. Her in
erests would force her to look to an exten-
ion in the valley Of the Lower Danube. to The
nnexat1on OF Bosnia, Seryia, and of the Prin-
ipalities. Such an empire would fully he able
check the progress Of Russia, carrying com
aerce and industry into those fertile Froyin-
es, to restore them to their ancient prosperity
Nd Importance. But IN order to accent such
bold policy, FranLis Joseph would have to
iamtss all his pedantic German Ministers. md
? HOOK to bolder aud stronger statesmen In
hungary. Though such complete revival of
1e Austrian Empire is not entirely improba-
le, it Is not yet to be expected within the next
IT months; but the events tend step by step
, such consummation, unless GaribaldI
hould give bolder turn to the whole con
ern.