Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1875-06-01
FOREIGN.
RumOred Asiatic Adjustment Be-
tween England and Russia.
The Earl of Derby Explains the
European Situation.
The Recent Danger of War Liza
BILE to Recur.
ENGLAND.
The Lion and the Bear.

ENGLAND.
The Lion and the Bear.
LONDON, May 31.-The Post says it has
reason to believe that there is every likeli-
hood of the Governments Of Russia and
England coming to a friendly arrangement
on the question Of Central Asia.
An unsigned letter in the Times gives a
clear explanation Of recsnt Warlike Tumors.
The writer says few weeks ago the Ger
man representation at the various Euro
pean courts officially complained that
France was aiming with vim to an early
resumption of war. Gen. Won
SehlVeinitz, the German Minister in
Vienna, declared that Owlng,tO Germany's
long suffering war had not yet broke out.
The Gar thereupOn teleeraphed the En-
perOr William, extreating him to postpone
operations until the Berlin interview. He
also instructed the Russian ambassadors al
the Court Of st. James, to suggest the Co
operation of Great Britain in behalf Of
/ peace.
The Party Whip.
The parliamentary whip has invited the
supporters Of the government to meet Dis
raeli this afternoon.
EngIand's Part In the Peaee-HaIsinS.
In the House of Lords, this evening, Earl
Russell asked that the correspondence be-
tween Great Britain and the Continental
powers arising out Of tie recent war alarm
be laid before the house.
The Earl Of Derby replied that he SYM
pathized with the curiosity Of those who
had watched the course Of foreign affairs
during the last few weeks. The Govern-
ment desired to conceal nothing it had
done, but It would be impossible to give
a fair account without largely using
confidential communications, relating to
the policy and Opin Ons Of other govern
ments, who would object to such disclos-
ures. The publication Of these eommun-
icatiOns would prevent English diplomat
lists from receiving information in future,
and, to submit a mutilated correspondence,
might mislead the house. The causes of
dispute were
Liable 90 Recur.
Therefore it was not desirable, in the in
terest Of peace, to give publicity to the de-
tails Of the controversy.
Lord Derby then said persons highest in
authority in Berlin Of late openly declared
that the French army had become a source
tude showed a dissemination on the part Of
France to renew war; that Germany in self
defence might feel impelled to strike the
first blow to secure peace, and It was neces-
sary that the French army should be con-
siderablv reduced. This language re.
peated by the German representa-
tives here and elsewhere created
extreme uueasiness in France. The French
government Immediately disclaimed all war
like intentions. Lord DERBY said he ac-
cepted this declaration as entirely sincere.
He believed no statesman in France con-
templated a renewal Of war. France, after
her humiliaiiOns, naturally desired to have
an army which would give her the influence
to which she considered herself entitled.
One of the difficulties was that the French
were unable 10 conceive that the German
apprehensions were genuine. They re-
garded representations made by Germany
as pretext for a fresh war. Il seemed to
Her Majesty's government that there was
A Mutual Misunderstanding
which might lead to grave consequences,
for Gernany's next step might have been
a formal request for France 70 discontinue
her armament, while France on the other
hand would probably hasten it and thereby
confirm the suspicious Of Germany. The
existence Of this mutual distrust afforded a
good opportunity to offer the friendly Off
ces Of England. The Russian Govern
ment saw things in the same light, and the
visit of the Emperor Alexander to Berlin,
supplied the means disappearing England's
representations.
Lord Derby concluded by declaring that
England had done her duty without sacri-
fees, past, present or prospective. She had
entered into no engagements, and made no
pledges, but her policy Of nOn-interventiOn
did not mean isolation or indifference to
the peace Of Europe.
Strangers I'm the House.
The House Of Commons tonight re-
sUmed the consideration of the question of
privilege.
Mr.. Disraeli moved that if attention be
called by any member to the presence Of
strangers in the House, l. shall
decide by a division whether they shall
withdraw; furthermore, that the speaker
be empowered 10 order their withdrawal
whenever he sees fit. The motion was
unanimously adopted.
Heavy FaiIure-A Panic Impending
LONDON, June /, $50 A M.-The Aber- |
dare Iron Company has failed, with liabili- |
ties of E7jOOOO Their nominal assets |
are eestimated at f9SO,OOO. This sum is the |
total valuation Of their works, together |
with tho3e of the Plymouth Iron Com
pany, which is one concern with the Aber- |
dare Company.
This failure involves SanderSOn & Co,
bill brokers, and Gilead A. Smith. Their |
liabilities are placed at 100000, for the |
greater part of which their creditors hold /
the securities Of James DawbOul. The |
latter's liabilities are estimated at $4,000, |
and assets f25,OOO. The Times comments |
on the failure Of these iron companies |
and Of SandersOn Il Co., as |
follows: 1--WE regret very much to |
record a double failure, which will probably |
produce results similar to those which fol- |
lowed the collapse of Overend, Gurney & |
Co. Il is said that the SandersOns are in
volyed with the iron companies to the ex-
tent of fS00,000, and that the aggregate |
liabilities will amount to several millions |
sterling.