, 1876-11-15

has already indicated her willingness to agree
to a six weeks prolongation if necessary, of a
six weeks &rmistioe. It is hoped that
the agreement will be reached on the
basis Of Turkeys acceptance of such an
armistice, as announced in the semi.ofioial
statement given In yesterdays letter. 1t is
reported from1Ragusa that the Prince of Mon
tenegro has declared his willingness to accept
the six weeks armistice, but only on condition
that Mostar be surrendered by the Turks.
Russia has no longer any illusions about the
way her tendencies are viewed in England,
nor does she doubt that the first step which
threatens British interests in the Fast will be
answered by another for their protection. Eng
lands prompt action has saved her a deal of
diplomacy. Nothing more IS likely to be heard
OF the mission of the Czarewitch TO the courts
at Vienna, Berlin and London. The Russian
Imperial court will raturn to st. Petersburg on
the 18th of November.
A financial crash of the most serious charac-
ter is threatening in Russia. The public BE-
sieges the banking Offices to sell Russian gov
eminent bonds and company stocks, but, as a
rule, offers are declined. A few days ago
nothing was salablr at any price, and worse
will happen should General I5natieff's mission
take a warlike character. The crisis is worst
Ill LUb SUltlWeSAelH piORlHCTo, OOutl9uOuN w tuO
possible seat of war. A conference of bank
directors a few days ago at the office of the
Governor of the National Bank decided they
could do nothing to stay the crisis. According
" fresh issues of inconvertible paper assignats,
already more plentiful han at the time Of the
Crimean war, ar9 expected "Only profound
peace says yesterdays Times financial arti-
Gle, j" and a great revival of trade can prevent
a financial catastrophe in Austria. Even with
these we doubt If the hopes of the Austrian
Finance Minister can be realiz8d-that by 1873
the end of the period Of deficits will he reached"
The Dutch government has modified its
projects Of coinage ref0rm. 1t now proposes
an international settlement of the monetary
system, the maintenance of the gold and silver
standard for Holland and the suspension Of the
coinage of silver.
The Hungarian Minister of War has informed
the Finance Committee that in casa Of need
2l7,000 HOnved militia could he completely
equipped and modified within eight days.
There is intense excitement in Pesth and
strong hostility to Russia. In case Russia
commences war it will ba difficult for Austria
to preserve neutrality,
Prince Milan has received u positive and
formal assurance of Anstria's non intervention.
The discussion Of Eastern affairs in the Greek
Chamber of Deputies has been postponed until
the 30th inSt,, awaiting the Kings return to
Athens.
An official note has been published in Ma
drid denouncing a social conspiracy and at,
tempted insurreotion organized by Sen)res
Ruiz Gorilla and n. Salmeron. The note says
four generals, namely-Nerelo, Areyro. Patino
and Acosta have been arrested and will be
punished according to military law, The
Spanish governments note alluded to ia the
above despatch has created excitenont in
San Sebastian, and numerous arrests of
republicans have been made at Saragossa,
Logrono, Bilbao and Santander. l. is rumour-
ed that Raiz Z)rilIa has entered Spain on the
Aragon frontier.
The Spanish official Gazette publishes o
circular strictly limiting non.confornist worship
to the interior of chapels and cemeteries.
The circular just issued regulating noncon-
formist worship Is especially strict 10 its
provisions regarding Protestant schools. It
prescribes that such schools shall remain
subject TO the direct interference of the govern
ment, and that the schoOlmasters must be Span
iards, with the proper academical degrees.
PERSECUTION IN GERMANY.
BERLIN, Oct. 81.
1t would seem that Prince Bismarck has not
forgotten the HERALD, and that he makes use
Of its name to carry out bis system Of religious
persecution. Several arrests have been recent.
ly made among the Catholic priesthood that