The New York herald., 1876-11-01
GABLE NEW S
From All Parts OF the
Old World.
THE EASTERN INCUBUS.
Not SO Pacific an Outlook as on
Yesterday.
WAR OR sToCKJOBBING?
Russia Said To Have Sent an Utimatum
to Turkey
FORTY-EIGHT HOURS OF SUSPENSE.

LONDON, Nov. l. 1870
Tho news 10 very conflicting from the East this
morning. Tho danger o placing too much confidence
In tho alarming report from ST. Petersburg need not
10 dwclI upon. There has long been = disposition
lhs money centres OF the Continent to make the
news which would produce a desired effect upon the
stock market, and TO trust TO events for
adjudication. Therefore The alarm is not excessive
In London this morning the statement Russia
has issued an ultmatum. This pronunciamcn,o may
be summed up in the words:-.war within iorty-
sight hours, unless Turkey crawls." great deal
or such talk has been heard during
lhe past few days Several prominent
the Stock Exchange wcrc found to be
most unaccountably "short" Of all stocks when tho
panic burst upon the city. This has made sus-
ptcous cautious. They naturally wonder whether
there will be another change in tho sta of promi-
nent London Journal whether it's frantic and hu-
milissng appeal TO Bismarck for assistance based
upon any real and secret information regarding
Russias purposes
AWAITING CONFIRMATION
These facts do not render tho news any tho less
startling. So mistaken, however. Is my faith in the
special despatch forwarded by the HsRALD's CORE
spondent in Constantlno9Ie, declaring that
the Sultan has signed the Russian propo-
ston, that cannot iorbcar to give the
caution at the samo time that ! send tho
Intelligence. more gloomy feeling prevails in Ber-
lin, although all the dipomasts confirm the action Of
ihc Sultan, as announced by tho HERALD yesterday.
Indeed nrmy seated is the hope Of peace that the
Post Of this morning declares that has bo-
hove that only yesterday, subsequent to the Of
tho Russian Instructions important peaceful
kilograms received from the principals con.
eerned IN the negotiations 1t hopes notwithstanding
appearances, that General IgnateG has reverted
the original demand Tor bare six wocks' armlsticc,
which would only snatch the fruits OF victory from
Turkey and enable the Russians and servaus to
Dncr upon winter campaign. II conditions possible
sf acceptance are offered We may feel certain the Porte
ba means war.
CONFLICTING STATEMENTS.
Tho curious feature about the news this morn
lng is that all the London papers accept the
statements regarding Russia's ultlmatum and
1t the time confirms tho statement
made by tho HERALD yesterday. Ono statement
must be untrue The Times perhaps presents tho
curious example in this respect II Is to have
been right in either event lis Paris letter this
ing sayssIt is announced this evening that before
Tho expiration hours the conclusion OF an
lrmstice will bc officially notified. despatch the
Russian Telcgrapnic Agency, dated ST. Petersburg,
pushing OF military operations by the Turkish govern
ment whe negotiations pending and says It is this
sonduct that has compelled Russia have
sompuIson."
DIPLOMATIC FAITH.
II Is an established fact that before those
startling rumors about tho Russian ultimasum
had been made public oil the Ambassa
doris at Constnntnople tcIegraphed on Monday
10 their governments that tho armstice secured
Il is believed in Official quarters that Russia, In con-
sequence OF the sudden advance OF tho Turks no
longer wishes havc the line OF dcmarcation between
the contcading parties during tho armistice nxcd
By tho positions they might hold at the beginning Of
.he srmistiee, and that She therefore, has
,akcn this sudden STOP There is valid
reason for supposing that tho Porto did
resist the Russian ultimatum and refuse the
nmisticc Its consent the latter was expected
pvcry moment before the reported ut,matum
nounccd IL remains to be seen how far Rus
s,'s conciiatory attitude In regard to conference
win be affected by the incident OF the ultIinatum
Furthermore It Is stated excellent authority that
the Sultan in order give proof OF his liberal scnti
ments has finally determined make Adhat Pacha
Grand vizicr shortly.
HERALD RIGHT.
despatch to the Daily Telegraph, dated Constanti-
nople Tuesday evening, asserts that armisce for
Two months has been signed The Times, in It's lead
Ing editorial regards the situation very favorable
and think II conceivable that the Porto will
resist the Russian demands
PROGRESS THE ISsURREcTIos.
General Tchcrnay eff has abandoned the defence OF
Kru,cvatz and ordered Horvatovisch to tall back
Ih.,her and then down the valley Of the Morava
,o stolatz,, where the two parties OF army will be
reunited. The army will then probably fall back on
Chuprja Paratchin is being hastily fortified vari-
pus correspondents confirm the report that the Turks
have entered Alexinatz rumor Of the intended abb
lication OF Prince Milan is reported from Paratchn-
MORE TALK coSrEREScE
A spccial from Pesth says that Conference has
bcon resolved upon. The members will be the Ambas-
adors Of the six Powers The sole object will be the
medication Of tho three insurgent provinces, Russia
renourc,ng the idea Of tnoIr political autonomy and
being satisfied with the SELL defined BY
England.
AN uLuMAruM THAT READS LIKE A cAxARD.
The Official Gazette OF ST. Petersburg announced yes
terday afternoon that General Ignatcn the Russian
Ambassador Constantinopc, has been Instructed to
aemand the Porte's acceptance, within forsy-eight
hours. of an armistce and suspension Of hoststies
,,herw,sc diplomatic relations between Russia ana
Turkey will be broken or and General Ignate, with
INC whole personnel OF the embassy, Will leave Con-
uautinople." The Poi,ricai Correspondence news
paper, OF Vienna, publishes telegram from 81
Petersburg stating that the order TO General lgnaten
70 present Russia's utratum 10 the Porto was de-
,patchcd by tho Gear direct to Constant'nople
Monday evening. and that tho Car was induced 10
nke this step by recent events in serva and Turkeys
continuing che war Notwithstanding the negotiations
bending for nm armistce lie Nord, Of Brussels, hopes
me- European Powers will support Russis's demand,
and that the srmissicc win be signed; but adds that
Me Portss dlaiory tactics do not facilitate dennive
,.c,scat,ou. and will force the Powers to redoubie
,ne,r 0rncss and energy the question Of guaran-
tees.
The Contemporary Repie,o contains paper by Ar
gladstone reviewing Mr. Eugene schuyers book on
r,rrcstan Extracts from this book have been much
.uoted here by the proTurklsh portion Of the press,
10 show that tho Russians have been guilty OF bar
bar,es equal to those charged against the Turks and
int rpat IN