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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.
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T HE new year opens with another move in the Austrian ? : alliance and the French loan ; with confusion in our own official conduct' the war ; and a dense cloud over Continental eventualities . As to the Austrian alliance' —Betting aside for the moment the policy- and moral of the . whole-connexion between that empire , theJElected of December * and out constitutional Sovereign— -the diplomatic event reported this week is one of the most distinct of public facts . On the 28 th of last month the representatives of the Three Powers " ¦ met , and signed a protocol defining the interpretation which they jointly put upon the four conditions laid down by the Western Powers as preliminary - —to any negotiations with Russia ; the protocol virtually converts the treaty of December 2 into one offensive as well as defensive . They have communicated that transaction to the representative of Russia , and left Prince Gortschakoff to report progress to his Czar . The diplomatist has , more suo , asked for time—Russia always asks for timeand hitherto , although time is golden roubles to him , it has been given as generously as if it were only paper roubles . The situation , however , is becoming serious for all sides ; within the last few months there does appear more ground to suppose that the Three Powers have pursued their own course separately from that of Russia . Will they listen to her , but not wait for her ? The French loan , if it were not like every act of official France under the present rdgimc , a jugglery , would bo also a sufficiently definite proceeding . Last year the Emperor Napoleon asked his subjects for a loan of 250 , 000 , 000 francs" 10 , 000 , 000 ? . —and the response made by the " French public to that invitation was , in many respects , one of the most instructive chapters in the moral history of political finance . Not only did the Emperor get all he asked , but much me -e was offered . By the many to whom the Bourse is Franco , this extreme willingness to place money in the present Emperor ' s hands will bo regarded as a practical consecration of Bonapartism . The Emperor of December could not , it will be said , have obtained that money except as an in * vestment ; in other words , a sufficient number of Frenchmen wore found to gamble in the probable durability of Louis Napoleon , and there were " ore such gamblers in France than he antioi" \ - ' trjBri ' fiiiF ** ^ - ¦
pated . The game , it is said , is double winnings to him . First , he gets his money ; secondly , every man that lends money to him becomes interested to the amount of his deposit in the duration of Louis Napoleon ; . and we all know how much the careful French will sacrifice to the safety of their " economies . " This year he doubles the financial coupd ' etat ; and this year , probably ^ he will therefore triple the number of depositors whose money interests are staked upon
his permanence . It is the philosophy of Mercadet , who says a creditor is nobody ; he may always , ds they say in the free countriesi of the Wes& be repudiated . But it is tlie : debtor whose condition engages the general ' soliettude . 3 fhafc he shall be healthy if not happy , and enduring if hot popular , must be the vceu the spirited and pure citizens , whose deposits already amount to XO , OQOt QQOl .- —250 , 000 , 000 L ^ EQSr ^^ Sl ^ i ?? . ^ asks to increase their stocks to thrice that amount
—750 , 000 , 000 . On our own side , save the signature of the Vienna protocol , there is little but anxious mutterings at home , and torpid misery and expectation at the seat of " action" to record . The one marking fact of the week is the departure of a second and third corps of " navvies" for Balaklava—five hundred strong . The knave of spades
becomes the forlorn hope of the game in the Crimea * It is a grand controversy who shall be Cominander-in-Chief , vice Lord Raglan , condemned as cold and secretive , with nothing but incompetency to secrete , and nothing but age and a vacant sleeve to show . Besides , he has offended certain " abstract chroniclers . " Who ,
then , shall it bo ? Sir John Burgoyne , says one ; only ho is an officer o engineers , not a fi ghting General ; he is aged , and trembles in his handwriting ; testy , and not at all the reforming officer that people suppose . He tolerates the Minie , but Brown Bess was his first affection . Sir George Brown ! says Routine , the officer who stands next to' Sir John , and who is
distinguished at the Horse Guards for his fidelity to exact succession . Sir George is , . as all the army bears witness , a fighting General . Fighting Generals abound , and there is no lack of " noble " Generals ; but when' did over a system like ours discover or create a fighting man of genius , except by accident or mistake P And then , excepting always by accident or mistake , it suppressed him . Wellington was an accident , and Charles James
their sufferings , or admires their courage and heroism more than their Queen . " We have before us now the elements for estimating the financial and commercial progress of the country during the past year , and the data , so far a 3 human data can serve , for calculating future prospects . Upon the whole , we must regard the survey as satisfactory . We have a revenue in creasing notwithstanding the augmentation
of taxes—the retui'ns showing about 1 , 100 , 000 / . more on the quarter , and two millions more on the year over returns for the same time of 1853 . Trade has not fallen off materially . There is no doubt a great decrease in the trade of the month of November , as compared with that of 1853 , to the extent of 1 , 900 , 000 / . ; but taking the whole , although wo have still to admit a decrease on the eleven months in the report of 1854 , wo find that there is still an increase over 1853 of
13 , 700 , 000 / ., and that the total exports for the eleven months amount to 79 , 000 , 000 / . — really an immense trade in which a decrease of two percent , is really not worth talking about . The causes arc , in the first but to the least oxtont , the war ; more practically , the over-speculation in the United States and in Australia , and the
corre-Napier a mistake . Le * us attack the system , and spare the brave . In the mean while , in default of officers ' , the most distinguished person dn that field is no other than Queen Victoria . She appears in that quarter as the author of a letter to Mr . Sidney Herbert conveying to the" wounded soldiers in the hospitals , through Mr . Sidney Herbert and Miss Nightingale * one of 4 he most charming , unaffected , and
womanly messages which ever lent the graces of affection to royal authority ,-and borrowed for the loving words of womanhood the majesty and authority of an imperial utterance ., In the message the Queen , desires that Mrs . Herbert would let ; her , see frequently the accounts she receives ' from ' . Miss" Nightingale or Mss . . Byacebridge of the wounded ,, and to convey to " these poor noble wounded and sick men" the assurance that " one takes a warmer interest , or fe els : more for
sponding ovcr-spoculation in Liverpool . The war has not really interrupted trado half so much as people expected . If it has , for example , to soine extent cut off tho supply of Baltic wood , there has been oven an over-trading in American wood . If tallow runs short , many improvements in this country have substituted palm oil , lard , and other things for . tallow ; and tho demand , for that ini-
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VOJ-. VI . . Kb .. 250 . ] SATURDAY , JANUARY 6 , 1855 . [ Price Sixpence .
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NEWS OF THE WEEK- . «« Mr . Can-dwell at Oxford 9 Literary Institution at Seaham ... 11 The Lawyer ^ m the Camp .. 17 The War 2 J ^ S ^ T " ¦ " 9 ^^^ lef *^ * ° 11 T ^ oTffiSSS ^ . ZZZ \ l ¦ j ^ gats ^ -OT' ^ ; KS ^^^ " ::: :::::::: : >~^"" gss * s ^ T =: ™ a valids from the Crimea 7 Fatal Railway Accidents 10 185 _ 13 Death of General Adams 7 ^ S ^ TSS'ifJ . ' dth . i ' w ^ Bl . l" ' TheT ^ UtA ^ Siti ^ inZZZ """ : 13 THE ARTS-^| ^ S | ^ :::::::::::::::::: fSttM !^ : «¦ ££ 22 % tt ££ pS& ; \ t KS *^ S : : 5 Trade of Neutrals J . \ " . \\\\\\\\\\' . " . ' . " . \ 8 Working Man ' s Emigration So- OPEN COUNCIL- _____ . f ^ nd ^ fm ^ - £ ^? ten ' AUiances !!! ' !!!!! l I The \ jourt \\\\\\" . \ V . \\ " !!!!! . " . !! . » '"" 11 The ^ ssUe ' pf . the " War " \" . " !^""" . " 15 Births , Marriages , and Deaths ... 22 New- Metropolitan Commission of Mr . Robert Owen and his Mil- Jung Bahadoor 15 COMMERCIAL AFFAIRSfiewers .-Mr . P . O . Ward ' S < State ^^ 'W ^^ ZZZ : ™ U . LITERATURE- City Intelligence , ; Markets , Ad- , Surplus'iae ' venues " ! . ;! " !;; ....... . 9 Election Intelligence 11 J Summary , 16 vertisements , &c 22-24
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• 'The one Idea which History exhibits as evermore developing itself into greater distinctness is the Idea of Humanity—the noble endeavour to throw down all the barriers erected betweenmen by prejudice and one-sided views : and by setting aside the distinctions of Religion ' , Country , and Colour , to treat the whole Human race as one brotherhood , having one great object—the free development of our spiritual nature . "—Humboldt ' s Cosmos . ' .
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Citation
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Leader (1850-1860), Jan. 6, 1855, page unpag, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/vm2-ncseproduct2072/page/1/
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