The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1877-05-27


PAL Mall Gazette, May A.
To the Editor:
Having r. Gently returned from pro-
lOnged stay IN Russia whore circumstances
thr WIN ia the way OF acquiring inlorma-
non not open " all The world, an able 10
4 pply Que or Two matt rs Of Iact which
may be useful lu lculating the chances vt
tue lmpen ing struggle between the Mus.
coyite and the Tur..
And lir.t az to sinews OF war. ! unbesl.
tatingly assert that the Russian gOvel L.
ment can dispose OF ample means for tie
or even the second years campo gD--at
what cost will discus hereafter. here
IL however no mistake about Tie TACT that
money, in nard lsh, is IN the land. 1t Ia
perfectly true that the Oyerhanging doubt
has paralyzed trade that the suspension
OF ID goo II traffic on the Guaranteed iail-
ways during their best season OF winter has
Imposed on the government heavy charge
TO meet the guarantee OF dividend OF the
RAILWAYS 80 interiered with; that through.
out the length and breadth of the land
universal cry Of d stress ROesup from the
ira ling cla, ses foreigners visit the coun-
try only TO collect their claims, not to pro-
mote fresh transactions the fallen ex.
change has fearlully effected prices OF al
articles Of import, - that IN Inc Newshi
and Moskoi, in st Petersburg, and on the
Black,mi his Bridge in Moscow, you have
TO pay roubles for shlllngs for Imported
good. In spite Of all this, the feeling 81
The community has ben 20 Thoroughly
aroused that (apart from the borrowed
money the mOneyed men are ready Win
internal loans 10 an amount adequate 10
vigorous prosecution OF the llrst campaign.
Nor do published statistics belle THIS tate.
ment. The total receipts OF the imperial
re,e II in 1879 were 3l5,J0O,O0O T0ubles
lin round figures E12, 000,0O OF our money,
.howIng AN increase, for the four year.
preceding OF II per cent ; Dut the duties
Tor the year 1876 exceeded the estimates
by nearly 9 800 900 sterling, and the r.
receipts OF 1870 by $500 900 sterling. NJ
de Reutcrb, minister Of tin ince, anticipates
for The current year areyeDue OF III Co.,
90 sterling. whl.h must however be al.
iecIed by the condition Of the country, but
will ID any ease exceed the revenue oil
1873. My calcu atious IL must be remem-
bered, are directed 10 the present and i'm.
mediate future only. What Is 10 become Of
the country, financially, in the end, Is ALL
other question, and ] am prepared to be
reminded OF the tremendous funded debt
and arrears OF uurruetmed bonus when
Will In all human prOOabilty De eAp'oueu
10 bankruptcy ans ruin In event OF an I'M
success ,ru and prolonged campaign. per.
ceiye that a, the .ud OF the last year the
debt proper OF Russia amounted TO about
3lio.0O0.m0 sterling, along with floating
debt Of Al20 900 1909, aud Tor raj ways. etc,
.l-0, 900 900; that the cost OF mobilization
ia, TO be added TO these iigure- thai she
has contracted his year an internal de I Of
about Gl3,00u 900 anl that about 10000.
600 stering which ought 10 have gone
TO the redemption of bond. has been other.
wise diverted. IL Is difficult TO calculate
the euormou, totAl with an! preci,ion-it
/, not less than 1JJ0,00j,O0J sterling; and
considering how war would daily swell the
internal floating debt, tue result OF war
seem, plain bankruptcy. But religious
war has such hold OH holy Russia th.t
tue money would be forthcoming, and the
question depends not on the power but the
viii OF the rulers whether war with cOntin-
gent bankruptcy or more honorable peace
be chosen. am not blind 10 the ruin that
war would entail, but have the assurance
OF wealthy Scopt-l OF my acquain ahce
that, in case II war, ready money would
be- placed At the d sposal OF the govern.
nent; d ey.ry uer."n who has visit d
Russia knows Of the extraordinary accu-
mutations gold Of thiss Ct.