Europe on the Verge of War
THERE is big news ahead, according to the New York correspondent of the Philadelphia Ledger, who wrote on Friday: The conviction is very strong to-day, among bankers and merchants, that Europe is really on the verge of a great war, growing out of the Eastern question. Military and naval preparations have proceeded so far now that retreat is deemed improbable. Private cable dispatches, this afternoon, from London, state that the Rothschilds are heavy sellers of consols, and to that circumstance naturally much importance is attached. There is a very decided belief, on the part of thinking men, who have closely studied the question, that France and England would join hands against Germany, Austria and Russia, and in this way the apprehension is that the war would become general.