The New York herald., 1870-11-16

name-are at loggerheads about the causes
that eventuated in the republican defeat in this
State. The Chicago paper has rather the best
or Our home contemporary, but as both have
Congressional disappontments ranking in
their bosoms the republicans when massed
may govern themselves accordingly.
The War Situntion-A Trap FOR the Army
Of the Loire.
General Won Moltke is said to have per-
fected another trap, by which he proposes
this time to capture General Paladines and the
army Of the Loire. General Won der Tam
wthdraws cautiously before the army now
stationed about Orleans, and Paladines. elated
by his successes, follows confidently. In tho
meantime Prince Frederick Charles. with one
hundred thousand men, moves southwark
from Chalons to Troyes, apparently with the
intention of continuing the general move
ment against Lyons, but suddenly his
advance appears at Sens, a city of
some Importance on the River Yonne. about
sixty miles from Orleans. Thence he can
march in less than five days to Orleans and
compel a change Of front on the part Of the
Army OF the Loire, retreat or battle, in
which the German troops, thus heavily rein
forced, would overwhelm their adversary and
drive him back upon Tours. The situation Of
Paladaes, it will thus be seen, is some
thing like that of Lee when Sherman
came striding across Georgia to the sea,
although it is not nearly so desperate
Paladlnes can, at least, fall back and
fortify without any immediate prospect of
close siege, and he can also move forward
rapidly, strike his enemy vigorously and
defeat him before Prince Frederick Charles
can reach him; but this requires veteran
experience on the part of his soldiers and full
confidence in them. Even then it is dan
gerous.
The starvation process is evidently having
its effect inside Paris A deserter states that
the poor are suffering dreadfully and that
another outbreak is imminent at any moment.
The previous riots were put down by the stern
hand of the military, the utmost severity
being used, and the peoples dread of the
soldiery is all that restrains them now from
most DiOody uprising.
General European War and Its Result.
Upon Our Commerce.
In view of probable embodiment Of all
Europe in a war to arise out of the complica-
tions connected with the present war and the
in the East important considerations are in
volved with reference to the result to us, in a
commercial point of view, of the terrific
struggle which would ensue. With a grand
alliance between England, France, Austria,
Turkey and Italy, against Prussia and Russia,
t is not difficult to see that the war would
lestroy the enterprises of the Old World
md drive every European vessel from the
sea. We should thus fall in for the
carrying trade Of the whole world, and, as a
neutral nation, would have unrestricted COM
merce with every country included in the bel
ligerent Powers. Terrible as might be the
consequences to the people Of Europe, such a
dire conflict would render our country pros
porous to the highest degree. The farmer, the
the operative, the miner, the
sailor, would all find lucrative employ |
nent 1t is curious fact that the Cri-
mean war was the first influence which ever
seriously turned the balance Of trade in our
when our war with England prevented inn
sorts; in 1921, in 1928, and in few /
,ther years between 1870 and 1S50-our |
exports were larger than our imports, but |
the balance in our favor was trifing, while |
in the great majority Of years our imports |
were enormously in excess Of our exports. |
On the outbreak Of the Crimean war our
foreign trade turned in our favor, and the |
impetus SO given 10 our industries enabled |
us to keep the upper hand for several years
after the treaty Of Paris had been signed and
peace proclaimed, the prostrated enterprises
Of England and France taking many years to
recover. In fact it was not until we had
become rich and luxurious, in the epoch pre-
ceding our civil war, that we lost the s,lpre-
macy in our foreign trade. To be more
explicit we give comparative table of our
exports and imports during the period from
1854 to 1853, which includes the time Of the
Crimean campaign. The war commenced in
the fall OF 1854 and terminated in the spring
or 1856. Observe the course Of our foreign
trade:-
Fiscal Year
Ending J,tne 80. Imports. ErDOyts
1s54..... 1904, 562,3sl $27S 241, ,O64
1855. 28l, 4G8, $40 275, l58, ,846
1885,. 3l4,839,942 326, ,964, 908
1857..... .............. 500, 500, ,1H 382 o6O 632
1885,. 2S2,61S, 100 3A, 844.421
In 1854 the balance Of trade was twenty-six
million dollars against US; in 1856 (she middle
Of the Crimean wary it was fourteen million
dollars In our favor-that is, we were forty
million dollars better off. In 1868 the impetus
given our enterprise was such that we sold
forty-two million dollars more than we bought.