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Browsing named entities in The Daily Dispatch: November 3, 1860., [Electronic resource]. You can also browse the collection for Preussen or search for Preussen in all documents.
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The Daily Dispatch: November 3, 1860., [Electronic resource], Additional Foreign news. (search)
Touching the money Nerve.
The face of Europe now presents, as it has presented for the last ten years, the most extraordinary military armaments.
The whole continent looks like one vast camp.
From three to four millions of armed men are supported by the various Governments, at an enormous expense.
In fact, such have been the vast amounts expended in preparing for war by all the continental nations with the exception of Prussia, that, according to the Liverpool Mercury, scarcely one of them is in a condition to face the additional expenditure of actual combat.
Not one of them, it is alleged, can raise more money by taxation, either direct or indirect, or can borrow money in large amounts except at ruinous interest in the open money market.
Austria, says the Mercury, cannot borrow at all; Russia can only obtain small sums, and that at a high rate of interest; France can borrow, but even in time of peace her three per cents are only worth 68, whilst those of England are worth 9