New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-01-02
NEW ITALY.


hesitation the former. g. ", ).
NEW ITALY
FINANCIAL CONDITION OF THE KTNGDOM-MATE-
RIAL IMPROVEMENTS AT THE CAPITAL.
IRON AN OCCASIONAL CORRESPONDENT OF TUE TRBUNEI
ROME, Dec. 1.-THE public funds of Italy
have gone up to TO- the highest figure since Cavours
death This rise is taken evidence Of increased
credit and as a token of future prosperity. Durng the
war OF 1866 the rcnte fell from 50 to 80 tumble Of 20
francs after CustOzza it went up rapidly TO o. On ac
count Of the Montana troubles in 1867 it fell again to
49, 1869 reached Co. and IN June, $780, e. The out
break Of the war France caused it suddenly to fall tc
49, but after the declaration of Italian neutrality in that
struggle it continued in upward tendency until now,
when has reached the very respectable hight OF TO- These
geral quotations will become historical landmarks,
Illustrating they do the final stages Of the national
revolution. the completion OF which undoubtedly has
produced feeling of relative confidence in the CONNER
cal prospects OF the nation restored as the King
Justly remarked in his late speech, TO itself and TO
Rome" But the privilege Of taking rank as one Of
the Great Powers carries its drawbacks well as its
blessings; though the Italians have firmly and soemnly
decided on staying Rome, they far from being as
vet resssured regard to their national future Perhaps
ii is wholesome thing that they are not too confident,
as they are thus stimulated TO take due precautions
against possible eventualties II they quietly left
alone no people would be happier make more credit
able progress in self-deEelopment; but the
only anxiety they have is the probability that
they will not be left alone, but on the
contrary be dragged In their capacity into the COM
p!ications Of European politics. and be obliged to take
large share in diplomacy and war They have completed
their unity virtually IN alliance with Prussia and they
are still leaning upon Germany their ally Naturally
they fear the likelihood OF their being mixed nOIcns
rolens I'm the quarre which they think that Power must
sooner or later have with France In battling with the
French they calculate that they would have to take the
-
in the Nice annexation Of seeing the Pope restored to
authority by French bayOnets
The Italians not entirely easy as TO their new
capital II is not trivial disappointment that
things are it is desired, but that they see that
their country liable to be injured again by foreign In
teImeddling. This feeling Of insecurity will doubtless
decrease as time wears ana greater confidence is OBJ
tanned and it would be altogether erroneous TO imagine
that the people have not the patriotic manlness, al
though they not fighters by instinct and training TO
defend their restored nationality II again put at stake
The more prudent already advising an imitation of
the German example Of expanding large sum in MAIN
tanning an army ready 10 take the field at moments
notice. Truly, reform is needed in the
italian army. which is very expensive
while remaining in a sadly disorganized state
In the way, reform is needed IN the navy which
ia now very expensive, useless, and 1t could not pos
sibly defend the peninsula against any foreign ma
rine ii is indeed costly luxury TO keep up navy
Il
tanned by the advanced of the Italian community.
by the few who are educated up the thOrOugness Of
republicanism but the cannot We; see beyond
the surface aud there are too many interested In sup
portng the Government sinecures for the leaders In
Office put them in practice, granting that they should
be So disposed.
The occupation OF Rome by the large government
crowd coming from Turin and Florence has somewhat
overshadowed the native citizens many of whom are
taught by the priests TO infer that their interests are
purposey sighted, and that the inruders have no work
or profits 70 bestOw except upon the followers OF their
own clique and only 10 keep away Foreigners This
prlestly incubation, the loss Of pounds and dollars the
absence Of the grand shows and pageants OF POpery
have produced temporary irritation and disaI~
pOintment in the Roman mind; but their
ways OF life will be adapted to the
altered circumstances and nOw at heart the ma
tves proud than the newcomers over the res
toraOn Of Rome. Daily the city assumes materially
more worthy aspect, and the convenience OF modern
life are on tue The hope is expressed
that this favorable change will draw many
foreigners this winter; but then this class did
not conc here exactly TO have good beefsteaks and
beer but 20 the church ceremonies. There
are many new shops opened every day In every
part OF the city, especially in the Corso
All the great magazines Mt Turin and Florence
are establishing branch houses here At the present rate
there will be more shops than buyers Many spectators
but to their cost and they found
market for their wares, and obliged TO retire 10
their respective provinces The process Of opening the
new establishments prominent feature OF attraction
and amusement In routine OF capital life. AT
different points along the sidewalks plank boards and
inattipg are put up TO conceal the wOrknen pre-
pairing the improved irOnts until completely when
all is ready for the opening. the stock Of goods
being or hand. down come the screens and immediately
a large and enthusiastic crowd collects around the
doors and Windows eastng their eyes strange things
In the showcases. There have, heretofore, been no
bookstores or public libraries worth mentioning In
Rome they were desideratuin like the admission
Of newspapers by the post Now they have arrived
der the supervision OF Mcssrs BOcca and Magg Of THn
fame. Belozze has brought collection OF diamonds
and icWclry, which he has established IN the COrbO Sig
nor Bellezza Is also Turin celebrity There also
several establishments from Florence.
Owing 20 inefficient police arrangements the streets Of
the cts have become quito insecure al night Three %
four evenings asc. MIngrth, the eNPrcmler, was ne
tackled 10y robbers under 10" threat 0f"FOnr ie or your
purse" and be- alone, fT Out ~ the hearing 81 the
el .tr.Ic Dr. 81. "a uD d. Udirl Hul his banknOies.
In- Wei 1852 0tlnr Ike cases, 4ts caused Redt
.r 1-I.s tlt author. 'a, WhD vii now take acpl
.Sa-,t tl5 IIsnt dsgcJltJls, $40 aro SAID 10 ha'