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^Th.e one Idea wnich. History exhibits a...
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REVIEW OF THE WEEK- pace Accidents and S...
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TOL/Til; ]STo: 342 ^ SATURDAY, OGTC&ER
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IF signs, extra-official documents, and ...
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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Transcript
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
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Jf ¦ ¦ ¦ ' -. •¦ - ¦ ' ' _^ r ^ w ' - " ¦ •'¦¦¦ ¦ ^ ' - (^^ / ^ vV VV'V ^ rV ? i-POLITIC-AX AND LITERARY RE yiEW ^
^Th.E One Idea Wnich. History Exhibits A...
^ Th . e one Idea wnich . History exhibits as evermore developing itself into greater distinctness is the Ide a of Humanity—the noble ¦ endeavour to . ' throw down all ttie barrierserected between menby prejudice and one-sided views ; and , by setting aside the distinctions ; of Religion ^ Country , and Colour , to treat the wtioLe Human race as one brotherhood , having one great object—the free development ¦ .-.. ¦ ¦¦ of our spiritual nature . " —HumboldFs Cosmos . ¦¦¦ .. ¦ * :
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Review Of The Week- Pace Accidents And S...
REVIEW OF THE WEEK- pace Accidents and Sudden Deaths 9 G 9 ( The Big , Bold , Old , Bad Man .... 97-i Bcavmiarchais 878 SanitaryMatters .......... .. 962 State of Trade ....- 900 Lord Cardigan's Charge at Home ... 974 The Last Days of the VaT .- . 078 Louis Blanc s Keply to tho French . Miscellaneous 970 A New Tory Organ .. 1 ) 75 Latter-Day Jfoetry 979 Government .... ..,.. 962 Postscript .... 071 The Kingswood Reformatory .. . 975 T ^ rient - ""' - "" — ¦¦ - ' ¦•¦• TS PUBLIC AFFAIRS- OPEN COUNCIL- ^^ T . ** , ~ ^ , „ , ^ d ^^ ndVraiia ^ hia ::::::::: ; :::::::: 9 e 1 The Sign from France :........, , 072 \ Book Adulterations ..................... 978 TheTountousatthcCrystalPalaco 980 Ireland 964 British Itight over : Wives and i Patronage ... . 976 ~~ Continental Notes .. 964 Paupers . 972 I ' ' ¦ ¦ " * ' The Gazette 931 The Registrations 9 GC The Sixth Part of the World ......... 97 S LITERATURE-- Naval and Military 966 The Napoleon of Westminster ...... 973 Summary 977 COMMERCIAL AFFAIRSOur Civilization . ; . 967 Tho Danubian Principalities 974 Lanieimais . ... 677 Gity lutelligence , Markets & c . .... 982
Tol/Til; ]Sto: 342 ^ Saturday, Ogtc&Er
TOL / Til ; ] STo : 342 ^ SATURDAY , OGTC & ER
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If Signs, Extra-Official Documents, And ...
IF signs , extra-official documents , and gigantic reserves , imply what they appear to do , a vast change is about to come over the -whole face Of our European relations . The act of " immense ingratitude '' is about to be excelled by an act of immense treachery perhaps unequalled
in history . The Absolutist . Powers are evidently gaining heart , and are preparing for a combined attack on the Western . Powers : this they are proposing to do , not only by a combination of their arms , but also by that intrigue which no statesmen -use so ably or unscrupulously as Russia ; and by working upon the fears of the Western Powers , if not upon the apprehensions and the hopes of individuals at the courts of those Powers .
According to the latest accounts which we have received , all the Absolutist Governments have assumed a newposition . Austria , it is said , has cast offthemask in the Danubian Principalities , has advanced her array to Galatz , dispossessed the provincial Government , and is now avowedly in the military occupation of the Principalities . If so , this is a direct infringement of the Treaty of Paris , according . to which her troops were to withdraw , and were only resident in the Principalities , without military action there . If it is true , it follows that
Austria conceives a time to have come when she can despise Franco and England , and can act more independently . Concurrently with this act , a newspaper at Frankfort has been the chnnnel for proclaiming to the world that Austria has , by a secret article of a treaty of 1815 , a stipulation under which the King of Napx . es is prevented from modifying his institutions , or from governin g on any other principles than those on
which Austria governs in her Italian provinces ; Austria claiming the right to interfere in the other Italian states through her relationship with the Princes of Italy , nnd her geographical position . This claim of Austria to a tutelar } ' Government of Italy , and to resistance of the Western Powers , is exactly in harmony with the official views lately put forth by Austria , and with the late Russian circular .
At the same time the King of Nai'mjs has , it is said , -written a letter to the Emperor of France and the Queen of England , proposing to send a plenipotentiary to the conference at Paris , there toatate the intontions of his Majesty with respect
to an amnesty and to organic reforms . This implies that the King expects to find a much stronger position in the Paris conference than he has in the Bay o f Naples ; and it will be remembered that Russia has decidedly announced a disposition to protect Naples . What ia the course that the Western Powers are taking ? It is a matter of absolute secresy . The one fact before the public is , that they have not sent a fleet into Naples . Much is made of the circumstance that they have sent some sbip 3 to
Corsica ; and therethe ships remain . This might mean that the Western Powers acknowledge their hearts to fail them , and that they are prepared to yield before the recovered courage and energy of the Absolutist Powers . Should this le the ease , it is not at all probable that Prussia will be neutral , since she is claiming a restoration of the province which lapsed from her in 1848 to Switzerland—NeufchtMel ; another circumstance which implies an increase in the combined strength of the Eastern Powers , and -which would account for the signs of yielding on the part of the "West .
We do not even make light of such a fact as the arrival of Nakvaez at Madrid . He is a soldier absolutist , and he adds , no doubt , another commander at an outpost of absolutism who would be prepared for general action with the Eastern Powers . Politics for the time have given place in France to finance . The situation has become much more difficult than it was even last week ; so much so , that the Finance Minister has thought it necessary to mako a kind of apology to the public for the condition of money matters , and to make an
attack upon the bullion dealers who have been buying up silver for the purposes of exportation or reconversion into raw silver . M . Maone represents that the revenue is in the best condition . There has for years been a deficiency of the income as compared with the expenditure ; but this has been steadily decreasing under the Empire , and he expects to bring it to an equal balance in 1858 . The taxes have been extremely productive —nearly a million and a half of increase , or about two-thirds of tbe indirect taxes . They are punctually paid , or paid even in advance .
The trade of France has extended itself into various channels , and this extension is one reason why there is such a domnnd at present for money . The principal cause of the crisis m the money market ia , ho says , the multiplicity of securities , and it is necessary to check tho over-abundant
speculation . In these statements , M . Ma . gne says much that is in conformity with truth , and in conformity also with general opinion . There is no doubt that some of the speculations in France h aye been of an exceedingly intelligent and profitable character . He alludes to the export of capital to foreign parts ; and here , while he trenches upon the old protectionist view in France , he is speaking at the Soeiete de Credit Mobilier , which has speculations in various parts of the world , and more especially for present consideration in Austrian railways , far advanced , and in Russian railways about to be undertaken
] N ow , in this export of capital , the Credit Mobilier is acting like our own great capitalists , and in the . Russian railways there is positively a partnership with English , Dutch , and Russian capitalists . Such investments , if they are successful , always promote a large return to the country from which they spring , and in England we understand as much ; but from M . Magne's allusion , we see that a gentleman who adopts " the indisputable principle of commercial freedom , " shares the old jealousy of free trade , and the new jealousy of the Credit Mobilier ; confounding the foreign operations of that company with the most worthless speculations in his desire for restrictive
zneasures . . In the meanwhile , the Bank has not been exactly following the Finance Minister ; it lias not refused its accommodation , but has only restricted it . It now grants discounts only on bills not having more than sixty days to run , and it has consequently put a stop to many of the less substantial speculations in France . The latest published accounts of the Bank of Franco show , like our own , a considerable increase of outgoing , and ( i decrease of the bullion . M . Magnb has taken another step : folio wing up a hint in his report in- tho Monitcur , he has put a notification that " the sorting and molting down the coin , to extract the surplus value therefrom , is an injury inflicted upon tLe public purse , and constitutes a penal offence , " which the Government " will adopt every legal means of suppressing . " The Government , therefore , is "ppprt- ^ ing to forco in the administration of \\\ meirfvj $ & ' ¦ . ' . ' \ ^ tcrs—a resort which is a confession of pirnfo : ) wjify ;; j , " :- jy ^ S i ' j is ulniost invariably mischievous . £ ? pj $ ' ' -1 r ' ' ' .--u )' ¦ - ' ¦/ -rj Our own Bank has more than followQ ftp . & uft * '' : ' C « , v ' of Franco . During the fortnight before Wc ^ f ^^ V ; •„• ' 1 ' f : ; week it had undergone a pressure of feJ c ^^ jrjr ^ ¦ ' ; : | - ^ dinary kind . The latest Bank return \& 6 $ t & jj 0 '•;' ' >} 5-1 V' ^ ' ^ ' ^ ' / M
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Citation
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Leader (1850-1860), Oct. 11, 1856, page 1, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_11101856/page/1/
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