The New York herald., 1869-11-21
for modification OF the treaties which regulate the
navigation in the Bosphorus and the Dardanelies.


Engiish Opinion of the Effects of the suez
Canal.
A London journal, speaking on this subject just
previous to the formal incorporation OF the Suez
Canal, said:-
No doubt next autumn, after the festival OF the
Inauguration, all the European papers VIII De filled
with detailed explanations OF matter which a. Jet
the greater part OF Europe seems TO regard as
france % Which is 1T Interested in the canal IN ts double
capacity OF proprietor and OF merchant, VINO,
through II, must come into the possession OF the
whole trade OF Egypt. Austria Ia the only country
that mas taken any practical steps IN anticipation or
tue changes the canal must unavoidaDy produce in
the relations OF Europe with Asia, and moro
especially with China and Japan The government
OF vienna, perfectly aware OF the importance which
important expedition to the chief places OF Eastern
Asia with view to inquire into the conditions OF
their trade as wen as TO Introduce samples Of Aus
trian manufactures into the new markets. The re-
suit OF this expedition must be- doubt, OF great
Importance for Austria aud is return Is looked for
ward to with all the more eagerness the expedi-
ton Is believed TO have been formed in sats-
factory manner than might have Deen expected OF
bureaucratic Austria. 1t seems to be COM
posed Of several practical men OF unquesIion-
able competence. No other continental nation
has as yet done ne anything IN a tns way attn although
ter and must we fear turn TO the disadvantage Of
England II 1t viii not take any special steps IN ac-
which we shall indicate. The impulse which the
Suez Canal must give to the trade OF Spaln Italy
ana Greece may De Ielt out OF view aS DelHS Ol eTo
local interest consequence OF the very nature OF
the cher products Of those countries. But IT, also,
we put ASIDE France. which win apply its CONNER
cal energies chiefly and for the first time to the de-
velopment OF the Egyptian trade, we shall be
obliged to admit that the changes likely to take
place in the trade OF the rest Of Europe Will be very
| considerable indeed. Trieste, Odessa, Taganrog
| aud the mouth Of the Danube must attain In few
years Importance that they never possessed be-
fore, and when might easily raise them IN some
respects to the rank Of Marseilles not to that OF
| Liverpool Southampton. Presuming that two
parcels OF goods OF the same quality ana at the
same price are consigned to China, the one from
Trieste ODESSA, the other from London the former
Will have all the advantages OF considerably re-
duced freight and OF about ten 10 twelve days less
travel. Such conditions must inevitably benefit the
productions OF Austria as well az OF Russia at the
expense OF England Holland and partly OF France.
TO Austria and Russia may be added also part OF
Germany. German factories, situated at distance
OF aoouI eight to twelve hours BY rail from Vienna,
viii obtain all the advantages OF cOmmu uncation
with Eastern Asia by small ships loading at Vienna
and sailing down the Danube. the Black Sea and the
Suez Canal, without any inconvenience or reship.
ping or course, great advantages will still be on the
side OF the best produces but IN the trade with Asia
the price s more looked to than the quality, and II
Ii very likely that this state OF things VII continue
for long time. Moreover, 1t is not at all probable
that Germany, the trade beiug established VIII re-
tram from improving its produce, II the demand sug-
gesta Improvement