The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1867-09-20
THE IMPENDING WAR IN EUROPE.

Stocks droop money cannot be loaned
that is, to such mon and on such securities
rs render morally certain its repayment at
short notice-except at very low rates Of
interest specie accumulates in the great
repositories of the Old World; while bus.
mess stagnates and labor is threatened with
n dull wintcr-all because able and we'll.
Informed bankers and capitalists very gen.
orally upprchend that next spring, at fur
thest, will witness the outbreak Of great
European war.
This war is quite likely to open in the
East. Greece Is eager for the fruy, but can
not safely begin it ill Russia is ready; and
Russia will hardly DO ready to strike ill
another winter shall have passed. That
she is resolutcly, sscndfastly preparing for
It, is plain enough. Her sale Of Walrussia
to our Government, and Of the great rail.
road connecting her two capitals, to foreign
banks, are among the means whereby she
seeks to recruit her finances. Her railway
communications southwark have been great
ly extended and improved since the Cri.
mean war. Her influence over the slavon-
ic populations Of Bohemia, Gallicia, and
Hungary, us we'll as over the Greek and
Bulgarian peoples Of European Turkey,
has been systematically increased. When.
ever the war shall break out, she knows
that Greece will be openly with her, and
that two-thirds Of the inhabitants Of Eu.
ropean Turkey (including Wallachia, Mol.
davia, Servia, aud Montenegro will heart.
ly desire her success.
lf there be no interme,ldling. Russia will
drive the Turkish flag out Of Europe in
the course Of two campaigns. But Austria
aud Fnnce arc known to look with jeal.
ousy on any extension Of Russian power
southwark, and 1t is wisely supposed that
the recent meeting Of their two Emperors
at Sallburg had reference to this matter.
Suppose, then, thar Napoleon and Fnncis
Joseph should unite in saying to Alexander,
"You must not cross the Danube we can.
not allow you to seize Constantinople,"-|
what then?
Pr,issia-to.day the most formidable mil.
itnry power OF Europe-is understood to he
in secret alliance with Russia, and ready 10
say, whenever the occasion shall be pre-.
sented, ''lf Russia Is sssailed from the West.
her quarrel is NINE" And, should France
actually throw her sword into the scale, il
is even hoped that I.aly will make common
cause with Prussia and Russia.
In that case, the war will be practically
one between the Mohnmmedan allied with
the Catholic and the non Catholic powers
for Italy, owing to the stubborn resistance
Of the Papacy TO her unity and nationality,
is substantially Protestant In her political
sympa,hies. Spain will bo 10 sympathy
with Fmnce and Austria, though unable to
render them any real assistance. England
leans to the Turkish aide, but will not en-.
gage in the war. Denmark may be drawn
into the French alliance, in the hope Of 70.
covering her lost German provinces. Swe.
den will remain neutral. or tho South. |
German stntcs, Bavaria may side with Aus.
tria Baden with Prussia.
On the whole, the parties will DO pretty
equally matched; but the finances Of Rus
sia, though hardly in a aounshing condI.
ton. are in far bcttcr condition than those
Of Turkey while Prussia is In this las in
every o,h-r) respect m overmaich for Aus
tria. France, if she should enter the lists,
will have to open her pure to her needy
and ,hrifilcss allies. How she proposes TO
make the contest pay, is not apparent to
the disintercsted but tho recent aggrnn.
Of Prussia and his own misadvcn.
turc In Mexico have madc Napoleon cI
ccedingly sore, and he is evidently bent on
a restoration OF his damaged prestige nj
whatever risk or cost. The greater N"Po' ]