The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-03-09
ADDITIONAL NEWS FROM EUROPE.
The ATe1iean QueatIon.


THE wITHDRAwAL on FIVE rHo0sAED FRENCH
TRooPs-MAxIMILIAN MUST BE ABANDONED TO
HIS FATE E1o.
From the Paris Pdtrie, February %.
tits said that Baron Sallard at the beginning of
the month, took hls departure charged with an ex.
haordinaIy mission 70 the Government oil the Em
peror Arximilan.
range the necessary steps for the speedy return
home OF cur troops Tho news recently received
from Nj xico by way of Havaaa, we are inclined 10
the opinion, leaves us to nope fully for the
OF M Saillard's mission. Accordlng to proposition
emanating from the Emperor Maximi ian himself
It Is rerarded as possible that four or five thousand
men will have RE- urned to France towards the end
Of the month OF May
from ne Paris Opinion Rationale (PrInce Ndpo-
ieof's orsdR) FebTuarB28.
The United states win neither be reassured nor be
satisfied IN consequence of the proposition to with
draw tue above troops. This proof OF good will they
will regard as more superficial than real and will
consider France still IN Mexico long as the flag
continues to float there. We believe that
and the Washington Cabinet until we have aban-
coned he Emperor Macmillan to his 1ate, and let
Austria take care OF him if she thinks fit.
The espanisb-AmerIean war.
NEWS OF THE DECLARATION OF WAR BY PERU
RECEIVED IN RNGLAND-THE GREAT AMERICAN
UNION LOOMING IN The BACKGROUND PERUVIAN
WAR VESSELS WATCHED AT BREsT-ooNvIcTIoN
OF AN ENGLISH CAPTAIN FOR SUPPLYING THRM
WITH STORES, RrS.
The London Times, in commenting on the news
that Peru has declared war against Spain, says the
Chilian feet has by this time been Joined by the
Peruv squadron in overt opposition to the forces
of SPAN. SPAN has by far the moro powerful feet
but she is operating from an enormous distance The
cost Of the Pacific squadron will be ruinous to
bankrupt exchequer and its commanders will be put
to extreme straits for supplies; Goals water and
VISIONS of all kinds will be virtually out of their
reach, while the difficulties OF the case will be in
creased by the mpossbllity of striking decisive
b ow. The coast of Peru has been added to the
eSas OF Ee Ss anu he aa 10 ths 6Ss
ade of such seaboard. Not only may the other
States Of South America cast in their lot with the
begerent republic, but behind all these looms the
Ominous figure Of the great American Union. AT
present the Government of the United states IS
honesty peutral but an American squadron has
been despatched to the Pacific and it is impossible
to say what complications may arse from the incl
dents OF war
Brest to continue to watch the new Peruvian IRON
clad HueScdr, and at the same time to observe the
movements of an English vessel suspected of carry
ing arms and ammunition to the HueScar. A late
telegram from BIest says the captain OF the English
vessel which had been lying in that port, laden with
war stores, had been sent need to six days impri-
soDmeRt, and fined fifty francs.
The Chilian cruiser INDEPENDENCE, whose de-
parture from the Seheldt was announced in ester
days papers, had arrived at Brest
Our Financial Position Abroad.
UNITED STATES FIVE TwENTIEs ADVANCING WHILE
ALL RURorRAN SECURITIES WERE FALLING.
From the London Telegraph, February 2l.
The condition of financial affairs, after months OF
serious depression-amounting at intervals Almost
to aIaIm--has undergone q marked change within
the last few days The stringent policy pursued by
the Bank of England has at length produced the
result desired. The bent icial effect OF nigh
rate OF interest in restraining undue expansion,
and enforcing caution as to new eommlttals,
has never been more strikingiy manifested than
curing the present winter. That there was
| absolute need of the restrictive course pursued
By tn Bank has been proved TO demonstration
Notwithstanding O rate of interest IN the London
market exceeding bv two or three per cent: that
current on the continent, the outflow oil gold con
tinued in steady stream for weeks, and the ex
the tide has turned and things have assumed more
| cheerful aspect, there s one remarkable TACT vel
| caIcu ated to attract attention While all other Sc
curities were depressed and even consols were
steadily falling week after week United states hVe
| twenty bonds not only maintained their value, bu
gradually advanced from SO to g. and are no quoted
at $751; Whether this exceptional result is JUSTIFIED
| BY the state of Transatlantic finances forms
| subject worthy Of close examination. The amount
of American securities ahOat is very great ana. 81
will presently be explained 1t is about to be vastly
| increased. The interest on investments IN these
| bonds, ii deemed entirely secure, is high enough
even at their present price to tempt the Withdrawal
Of capital from advantageous and useful employment
| ia our own country; and, II American Government
| stocks should become popular in our market, the
ABSORPTION of capital would be sufficiently serious
| Affect commercial and industrial enterprlse-pro
| ducng in the event of disaster, even widespread
| calamity. =,
| [The writer then proceeds at lenGth to show the
in security American finance. The day after thu
publication of the article FIvetwenties advanced
| from 684 TO 69s.l