New-York tribune., 1867-08-19
CONSTANTINOPLE.
ppoBABIE REVOLUTION IN ROUMANIA-SERIoUs
DISTURBANCES IN CONSTANTINOPLE-SEyER
FIGHTING IN CRBgE-RUMoRS OF GREAT
FINANCIAL OPERATION.

FIGHTING IN CREgE-RUMoRs OF A GREAT
|. FINANCIAL OPERATION.
| FROM Our Special Correspondent
| CoYsTAETTNoPLE, July 23, 1867
The bourse of Galata was singularly excited
Yesterday Those who are supposed to be acquainted
with political matters selling their consols
fast as possible. There was. consequently, sudden
and marked fall in Turkish securities But what is
| all the panic aboutf 1t is not the coming war be-
| tween France and Germany. for this is still in the
| distance AS far as / can learn, the secret of tho
panic is the critical state of Rouman a or the United
| Provinces of Wallachia and MOldayia.
| When there is trouble in these provinces there Is
always q strong probability of Russian interference.
and there can be no doubt that most serious trouble
| is TO be Immediately anticipated there.
Prince Charles of HOhenzOllern succeeded IN max
ing himself hospOdar'of these provinces year ago.
| in the midst of the Prussian and Austrian war. He
| attempted to establish constitutional government
| and he gave the people Constitution moro liberal
than that of England itself 1t has since been his
aim TO rule Ia Queen of England-that is, he has
thrown all responsibility upon Ministry whose OK
| istenco depended upon the will of the PARLIAMENT
For SIX or eight months sort OF coalition mlhlstry
| comprising the most influential men in the Prov
nccs, succeeded in holding their ground, but their
measures were not such as to command any general
approval: and some months since, the extreme rad
| Cals, called he Reds" came into power IDey
found the finances of the country III the worst posi-
bic condition. The expenses of maintaining large ag
| army for eight or ten months. when war with lnr-
| key was anticipated. had completely drained tne
| treasury No moro credit to be obtained IN
Paris, and there was nothing 10 40 Dub IeuuCo o
! penses, and live from hand to mouth; The ked
Ministry adopted the very sensible plan OF aDollsn
ing the regular army altogether, and depending upon
| the National Guard. But this measure, when Is
about to be carried out has alienated the 2OOo army
officers from the Government, and converted Jhem
| into active malc0ntents.
There have Hsn many other measures adopted by
this Ministry quite arbitrary and far less ustla-
| BILE than this. Prince Charles, like good constr
tional sovereign, approves everything his DlinlS-
! ters do. - IL,
Unfortunately for the peace of the country there here
| has always been great jealousy between the Two
| Provinces of Wallachia and M0ldayla. Those dl5-
cOntentcd for any reason make use or TINS Ola eai-
ousy for their own purposes. Inc nnlied IIlncli i
pality has its capital in Wallachla at Bucharest ana
| IL is pretended that only Wallachians have any
chance of getting Office under the Prince In MoHa-
via most serious ferment has been created The
people clamor for the autonomy which was granted
them by the treaty of Paris and declare that uey
will resort TO If it can be obtained IN no other
way Prince Charles seems to feel strong enough 10
| nut down any such outbreak with the national
guard which is generally favorable to the present
| Government, but it is very doubtful no" Lar he
| would be supported by the Turks.
There can Dc little doubt that Russia is dong her
best to increase this discomfort in Roumanla ana ~
is very possible that her agents or her money are at
fine bottom OF it all But however this may be- the
| Princpalitics now sumbering volcano which
| may break out any day. o ,.
| of some most extraordinary conflicts between
| the Jews and Greeks. Jews arc generally meek
enough and until within few years they nave not
| dared TO show their faces in public during Easter
week. but of late they have not been inaltreated ny
| the Christians and they have become quite bold.
! Ten days ago in a strictly jewish quarter some
| Jewish vagabOnds made cross and put II up on
house. where they had some sort OF mock ceremony
| and, as the Greeks say were finally about 10 Duih
the cross in the street Some Greeks who were pass
| ing saw what was going on and at once gave ,ie a
ALARM A crowd of Greeks and ATmenlans rushed 10
the spot aud attacked the house The Jews collected
aud n severe fight eIisued in which many persons
| were seriously wounded on both sides, Inc jews
were finally overcome and fled to their houses pur
| sued by the Christians. For day or two general
massacre of the Jews was feared, and whenever one
appeared he attacked with abuse ana often WIN
| blows.
10 the Greek Patriarch and protested that what the
Greeks called a cross only scare-crow put up 10
drive away the ferrets from the poultry Win COM
mendabic consistency he also assured the faTlaich
that tho Jews engaged in the affair should be ihe-
dately and severely punished; A.. c,.o, r,o,r;o..,,
AZ once published and also read IN the churches an en-
| cyclical exhortng the Greeks to keep the peace.
| aud pointnR out TO them that tho whole Jewish
| community should not be held responsible for the
dongs of one oy two vagabOnds and that such Incl
dent rs this should not be made the means Of reyiv,
| ing old animOsities. The Grand Rabbi also warned
| the Jews of their danger, and cominanded them TO
| avoid all disputes with Christians The encounters
between Jews and Greeks still continue occasionally
different parts of the city, but these measures ana
| the vigilance of the police, are gradually calming
down the feelings OF both parties. IL Is strange that
such conflicts do not arise Oftener.
| As | suggested in my last letter the capture OF
| Sphakia by Omar PaSha, reported by telegraph 10
the Sultan. sort of humbug The village OF
1
| IN the mountain district of that name. We have
dates from Crete up 10 the 18th at that date Omar
| Pasha was still held at bay by the Greeks IN the
| mountain passes, and had met with serious losses
At least two very severe battles had been fought
which had no decisive result. On the 18th another
battle was in progress They are holding out nOby,
but M the same time find that those Greeks who
know the state of things in Creto best are very much
dsheartencd. They feel that the island cannot pos
sibly hold ont much longer Omar Pasha Is 80 terri
bly, systematic in his work that in time he must
succeed. When he occupies village and 1t submits,
he sends every able bodied man into the nelghb0rng
| forts to remain until the whole island is subducd
Whenever he catches a Greek y0lunteer he cuts on
| his head at without trial, without mercy
| Now il is plain enough that in time he Will be able
| to put down all opposition in this way lie Is con-
stantly suffering severe losses but he Is constantly
being reinforced by large bodies of Turkish troops
from all parts of the Empire The poor Cretans may
hold out for a few weeks longer but unless there Is
some European intervention IN their behalf or unless
the Greeks muster courage TO declare war which
| they don't seem inclined TO do the Turks VIII SUD
| due the island and then do what they like with It.
Ii Is sad to see men fan after making sMch terrible
sacrifices. 1t is Hungary again on small scale
| Fuad Pasha is improving his time IN England.
Negotiations have been opened there for an advance
of sl0o0OO0 to Turkey to be paid in seven or eght
have been completed. only know that they are III
progress. The security for this great loan Is "A
CONCESSION Of all the mines 80 and forests IN N
| all very we'll 10 talk of 70 years, but fear that
the present Government will hardly be able TO secure
the possession for that length Of time; Still, the
| mines of Turkey properly worked, would repay this
loan in ten years There mines of copper silver
| coal iron, lead meerschaum and Of almost all con-
ceivable things. These are now worked by the Gov
ernment so TO produce no profit TO any one, but
| they might easily be made lmlnensely profitable
Aside from this loan it would be for the good OF the
country to give the mines free TO any one who would
| work them II would be profitable investment for
the Sultan if his journey TO Europe should result III
/ this loan when six months ago he could not have
borrowed irdollar in Europe ut any rate of interest
| Vh Inc EmDira Ia really n