PEACE OR WAR IN EUROPE.

Colonist, Volume VI, Issue 625, 20 October 1863, Page 3

PEACE OR WAR IN EUROPE.

{From the Times, July 27.)

The great barometer of public confidence is in a very unsettled state. From Fair to Change, from Change to Stormy, and back again, it defies all attempts to follow its fluctuations. The market heaves, and we cannot but know that there has been a submarine disturbance of some kind or other. The indication is the Stock and Share List. The Nilometer is not more important to the Fellahs, whose land and seed wait the precious overflow. Our Nilometer for some time past has recovered but to fall again. With ups and downs, the tendency is to heaviness. Ask "Why?" The answer is " Poland." The people of whom you inquire, if they are not dumb altogether and dark as everlasting night, tell you they do not like " that Poland." They are not friends of Poland nor of Russia either; but they know How deep the Polish stratum lies in this our European system. It is the igneous stratum where you may expect volcanoes and earthquakes, and m the political creation these outbreaks spread wider than they do among the granites and limestones. These silent, selfish, and uncorrupt augurers know well that Poland has been mixed up with every European war for this century. They soar as high as that little speck scarcely discernable in the blue vault which descends in time and rests on the fallen camel inthedesert. If we would know where the carcass is we must ask the vulture. Be it scent or sight or some abstruser instinct, they yet know more than we do. Fortunately, these sublime personages cannot make a time bargain without betraying their knowledge. Every time tney buy and sell they teach and preach, and it is our interest to listen. They have told us several times lately that we are moving in the direction of war. They would leave us in happy ignorance if they could; but they cannot help themselves. All that we are concerned with just now is to point at the &c.t and, draw the inference, jJSyen

our statesmen may consult the money market with advantage. They may write the f beat possible English without always knowing what their, language really means. > It is interpreted in the City with infallible correctness, and acquires there not only a political, but even a pecuniary value; for money, the common measure of earthly things, can test even the composition of a despatch.