The sun., 1878-03-30
QUEEN NICT0RlA'S MESSAGE.
WIfY SHE THOUGHT TT NECESs.IRY TO
CfLL orr THE RESERvE
Excitement In London over the Prospect of
War-A ranic In the stock Mnrket-wnr
Viewed In ~. Petersburg ~ Inevitable.

Excitement In London over the Prospect of
War-A ranic In the stock Mnrket-Wnr
Viewed In ~. Petersburg ns Inevitable.
LONDON. March % The statements in
Parliament yesterday evening caused grcnt do
precision on the Stock Exchange this morning.
At certain pcriods the markets were In n state
of panic. Tho fall in prices is general. and
there has yet been no recovery from tho lowest
point touched. The grcatcet fall Ia In Russian
and Hungarian securities. Tho former are 3 to
5h. and the latter TO 3 per cent. worse than
they were nj the close OF the market last night.
Sir Stafford Northcotc. Chancellor OF the Ex-
chcduor. replying to question asked 10y Lord
Harrington in the House of Commons. this
afternoon. said that the distribution OF the Con-
gross correspondence is delayed. owing TO the
assent OF some OF tho powers 10 its publication
not having yet been received. He hoped. how
over. that IL would be in tho hands Of members
tomorrow. The whole importance thereof Is
Russas rcply. which was read yesterday. He
added thnt he hoped the Queens message re-
garding the calling out Of the reserve would be
communicated on Monday. and thnt 1t would be
discussed on the Monday following. Since this
is the first time that this step has been taken II
Is desirable to ascertain the most correct mode
Of proceeding.
At the evening sijing of tho House OF Com
mons the Marquis Of Harrington pointed out
that as. on Monday. the House was to receive
royal message which must indicate that the
situation was either one In which war was i'm
mincnt, or at loas thar the crisis was one Of ex-
treme gravity. the Eastern correspondence
should contain not only the communications
between Russia and England. but communion
tons showing the opinions OF the other great
powers.
Sir Stafford Nor,hcotc snid that the papers
submitted would give full Information rs to tho
correspondence with all the powers He would
postpone the considcralono Of the budget until
April 4, so as to enable the House to discuss the
| royal message on April T. The Government
felt that the time had arrived when they should
take decided step; They also felt that in view
set aside the force of the treaties under which
fecty right and proper that there should he a
fresh examination OF the question. The Gov
ernment did not object to the treaty of San Stc-
ment. They had not attempted to stand on
any, question OF form but only desired
the Efforts 10 bring IT about had not been moro
satisiactory. but, having resulted us they have.
position of the country. as one OF the great
bowers, having an interest in European settle
ana nd 1SSea so 70 om Snider s s pScur
maintain them; He asked TO be excused from
crnment might feel 1t their duty to adout
Mr.. Gladstone, deprecated the attempt Of the
spondcncc. He hoped tho correspondence
would satisfactorily explain why England was
solely responsible for the failure Of tho Con-
gress.
There is great excitement in London and
throughout England over the prospect of war
with Russia. and the course pursued 10y the
G9yernment Is generally applauded.
Dispatches from st, Petersburg say that there
is much excitement there over the action OF the
FL glish Cabinet in calling out the army re-
the press place the responsibility upon England
The Aoence Russe OF st. Petersburg says that
Which m tho f Tap 5spg on
Thursday morning, is wholly inaccurate. Rus
sia does not maintain the right OF yetoing dis
pean jurisdiction. Prince GortchakofY has
maintained ,hr9ughop, for each mnember OF the
clause and also perfect freedom Of opinion and
decision. Lord Derbys resignation has caused
where il was expected.
1t is reported in Vienna that Gen. Ignatieff's
| nrst interview with Count Andrassy has not
yielded satisfactory results To Gen. Ignaten
who, in conversation to-day. said Count An
drnssy would leaye nothing standing Of the San
stefano treaty. Il is said that the attempt has
been resumed In Vienna to find middle course
IN regard 10 me Congress as a compromise be-
The correspondent OF tho Paris T1aps ut vi
emma hns had An interview with Gen. lgnatien
OF the Congress. The General said that Eng
land. by entering tho Sea Of Marmora in viola
tion Of the treaty OF 1856. had placed herself in
difficult positt)n out OF which she was on
dcavoring To eNtrinate herself in such manner
as Womb save ner amour rTOpff. Sne cOnSe-
quently puts forward unacceptable demands
but the Kussans will stay before Constantnople
50 long as III, British fleet remains in the Sea Of
Marmora
The same despatch says that Gen Ignrter
has authorized "a contradiction OF the report in
New York journal respecting his journey to
Vienna. Io says he has had no conversation
with the correspondent of New York journal.
Dispatches from Belgrade saw that in conse-
quence OF the request OF the Russian headquar-
tcrs. the Servian Cabinet. after council to-day
ordered thirty battalions Of Servian troops TO
Professionally occupy Sophia. the Russian troops
there having been ordered 10 Join the army be-
foro Constantnople Tomorrow is the last
day for the Servans to retire within treaty
boundaries. but the troops as yet have received
no orders to that effect.
A despatch from Constantlnoplo says that on
Wednesday the Grand Duke Nicholas and the
Sultan and Vcfyk and Safyet Pashas had a pri-
vlte conference which lasted three hours.
| A despatch from Bucharest says that two
divisions Of Russian cavalry hayo been ordered
to return to Ruumania from Bulgaria immedi-
atcy, 10 occupy stratcgical line from Sinaia to
| Predeal.
The North German Gazette Of Berlin says that
Lord Drrbys retention in Office was every
| ervation Of peace. The National Zrituug says
that England Is undoubtedly preparing for
wnrlisc enterprises.
Gen. Ignntier had an interview with Count
| Andrassy to-day which lasted four hours. 1t is
said that he Will leave Vienna tomorrow.