Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1878-02-09
ENGLAND AFTER THE sPO1Ls.

The Turco-Russian situation is still
complicated, though not alarming, if we
may take the cotton quotations as a bar
o%meter-and nothing could be possibly
as sensitive, and probably nothing is as
timid and unreliable. We see, how.
ever, that former rates are maistained,
and may justly conclude no great danger
of further war is apprehended at com.
mercial ceuters. Everything turns upon
the proposed peace conference at Vienna.
The Russians consented to it reluctantly,
and do rot seem to feel disposed to lose
any ground to be gained BY advances
and occupation Of territory and TOR
tressss. The czar virtually says, we
have won the Gght; now what are you
going to do about it? If the situa.
ton we're reversed, that is, if England
had gone to war with Turkey and gained
such a victory, at a loss Of nearly one
hundred thousand men aud so many mil
lions of treasure, it is not likely that her
ministers or people would tolerate Off
eioUs interference from Russia or any
other power, which had stood by with the
intent to profit by the misfortunes of one
side OR the other. 1t is reported, bit not
confirmed, that the Russians have occu-
pied C%onstantinople, which they have q
perfect right do unless otherwise speci.
fed in the protocol. This creates fever
ish anxiety in England, and great meet.
ings have been held to indorse the gov.
ernment's foreign policy. The condi-
tion5 Of the armiatic9 are the same as we
Published two days ago, namely First,
the erection of Bulgaria into a. prinoi-
pality; second, a war indemnify or ter.
ritory compensation; third, the indie
pendence Of RoumGnia, Servia and Mon.
tenegro; fourth, reforms in Bosnia and
Herzegovina 9Th, an u~lterior under
standing between the sultan aud
the czar regarding the Dardanelles;
sixth, the Evacuation of the Dau-
ube and its fortresses and Erzeroum.
The difficulties will arise with regard to
the two last clauses. England will want
to have q baaj in that Interior under.
standing between the car and the sultan
with regard to the Dardanelles; and 9th
er powers as well as England will want
to know whether the evacuation of the
Danube and its tortressss, and OF Erzs-
roum, means permanent Russian occu
patton. England makes demands not
justiGAble or likely to be sustained by
the other powers. Ia the house Of com.
mons yesterday it was announced By Sir
Stafford Northcote hat the government,
IN view Of possible disturbances at Con-
stsntinople, has ordered a portion Of the
fleet thither, not as a departure from
neutrality, but as a protection Of life
and property. This means that
England will find an excuse, if
possible, to occupy ConStentiuople and
control the D~ardauelles unless Russia
has already dope SO. British protection
is British rule. Turkeys only hope now
lies in an alliance with Russia, and the
feeling seems to be tending that way.
Russia is entitled to the full fruits of her
victory, in accordance with the prinei
pies OF international law, and will not
hesitate to assert her rights. England
seeks to gain by diplomacy and .blustel
what she has long coveted bat would
never risk acquiring by war, control o
the DardanallAa