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Austria threatens her Polish province with two formidable measures—martial law,

and a loan. The Imperial Government has not yet been able to quell the disorders which it evoked for the further crushing of the Polish race; it is obliged to recur to military coercion ; and the province (both its landed gentry and its peasantry) will have to pay in taxes for the cost of its own coercion. Such are the fruits of "paternal government." Aus- tria, no doubt, will have its loan, for the asking—and interest ; and it will have to pay in cash for the disorder which it has fos- tered. Loans multiply in the money-markets of Europe, and are rather at a discount just now. One of the best guarantees for national loans, in the eyes of moneyed men, is good government : misrule has to be allowed for in the contract. •

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