, 1879-02-27

How the Son of Monaco B1nnc rroposes to
Tut Turkeys Currency on Solid Basis.
L9ndpn Ikj+Gtuph,

How tho Son of Monaco Bfane Proposes to
l'ut Turkeys Currency Oh a Solid Basis.
London 1tttotuph
II we mny creltt statement lately made in
Turkish newspaper puhlishcd at 4tamboul,
most extraordinary proposition has been for
mn{ly handed In to the Sublime Porte by N.
Dlanc, the son of the lato well.known proprietor
Of tile gambltnC.tnblea ut Monaco and clsc-
where. Tint cnterprsfng gentleman, It will bo
remembered. amassed n fortune Of considerably
over e. 900 600 ty the MD OF red, blach, md tho
At1ully.gyratinc ball. He beQuaathel this
enormous sum to bis only SON. who, 1t
would aeonl, not contcnted with bciug
ono Of the wcattest commoncrs ia Europe, is
anxious to invest bis capital In colossal spccu-
lation Of an a'toguthcr unprecedented clarac.
ter. III exchange for tic privilege Of establish
Ing gambling saloons at pcra, dalata, the Prin-
ktpo Islands nntl Buyukdcrc, It IL inserted that
he Is ready 70 bind himself under heavy pec,,-
ntary penalties to rc-cstabltsh, within certuin
limit Of ttme, absolute purity hutwcen the value
of the Turkish gold and paper currencies, At
tho present moment q tned3tdto Of 100 p!assres
will purchase caiulea nomtnally worth $50 pias-
tres. THIS difference ". Dlauc proposes to sweep
nenL The croMpicr's rake: An avowcd l'urko-
phle, ho mar also bo credited With tic possess
sion Of a keen eye. to tho na1u chance. This
scleme aooan1s ~ attractive features, and
by tho reverend selgnors OF tho Grand D!vaa
wcro rot Turkey just now On her best behavior,
and eager abaYo all things else to earn
= reputat!on for hlgh.classo o.tae morality ~
born gamblers, md eminent Turkish dlplo-
matists liaya Gre now acquired worldwide
reuown as among the holdeat md most brilliant
players at games Of chance. A nlura delightful
hA
wnereupou to revive au Institution that would
convert the banks Ut the Boaporus Into acentre
of cosmopolitan rendezvous, What nrban I'M
proyelnents ind embellishments would result
ail par!s q lhe world! What noblo sums of
nonoy would tho 0inours diaburts,--m
lint would t.nd ite way straight Into the pockets
OF the faithful How powerful would bu tho
stsmnlus Impaired TO Turkish trade, Industry,
triumph would be tbs humiliation Of d 50 per
cent aylo upon tlu Imperial bank.notrst Con-
ssontlnople would bu reformed md adorned,
rcsuscitated and enriched; In the tMtnkl!lif Of
with Ras or electricity, drained, endowed will.
mammoth hotels, YlcturIas telephones, ulld all
other bleEsln.s Of civilization. Fasnton would
claim ntan.boul Tor Its uwll, und tho Golacn
painful to think that tho Ottoman Empires u.s.
ptrptions toHard responsibility may STAN! bo-
tween the Turkish Capital a'lA the magnificent
prospects opened out to It BY u. D'Anc's scduc-
tive proposition. lie could hardly have chosen
mora favorable moment 1t Which to make an
olrur, tho acceptance Ut which by tho Porte
would ba halled with joyful acclalnptions BY
at least o. mauy Christian aliens ~ Mussulmati
Just uow unanimous tn urging hcr to be thrifty,
honest, and, beyond everything, moral, What
would Mrs. urundy say Wcre tic Sultan to con-
cludu bargain With 81. Blanc, thu result ii
which would b. TO transform ths t1lthy City Ut
Conslaut!ua 4nd It's neglected envtrons Into the
rcsplentlsnt realms Of tho Fairy Roulette aud
tllu tleniug Rouge-et-Nnr4 Tie idea, however.
though ingenious, stauds far apart tFoH all con.
tldrsations o& moral improvement aud practical
tuouce,