The Sun.
London, England, 1848-08-23 00:00:00

GERMANY

AND

THE NORTHERN STATES.

AUSTRIA.

In the sitting of the Austrian Diet, on the 16th inst.,
M. VON PILLERsDoREY presented the following repots
from the Finance COmmittee :
~The first care of the Committee was to ascertain the
sum indispensable for the service of the year. There ap-
pears to be a deficit of 17 and 20 milmlmpioirlanoiytsva.irnnyocleto'stpbi
operations,
may
needed,aCommitteeatyi obseand
d
t hope,h in-
asmuche h ost
aise however,successposv
et
rhsa the
has
alsdthattended
whole
reclaimed
thethis
ex-
pected to contribute to the war expenditure. The Minister
of Finance proposes to coverasanx the
ito h
the
ss deficitbysusoof
a tditniatei
employing d
l
credit of the State, and the Committee acquiesce, though re-
luctantly,other i n
measure,the
but proposal,are
admits
e t
bhot the
should be incurred. The Committee disapproves of the
proposal to bring the credit of the National Bank
into play. It consents to an issue of Exchequer
bills, but is opposed to making them legal tender,
or compelling the Bank to receive them. The Com-
mittee has no objection to a loan on State debentures, but
objects to hypothecating the lands of the Church or
State for their payment; for the guarantee of the representa-
tives of the people ought to be sufficient, and such security
would be unjust to the already existing Creditors of the
State. The Committee urgently requests the immediate re-
vocation of the prohibition of the exportation of silver as
hurtful, and au act of hostility to Germany with which
Austria is so intimately allied. The Committee proposes the
immediate opening of a loan of twenty millions, either on
Exchequer- bills or as a simple loan. But the former are
not to be declared legal, or the Bank to be required to
receive them ; and no security is to be given for the latter on
the lands of the Church or State. Lenders may be ence„.
wish that Ministers
rcaotrecdl
u.
shi
oonw,etvheer,C
obnly
mo tiftetreien ge x
par
ess higherthe rate of interest. In
will exert themselves to conclude a peace as soon as pos.
sible ; will make in the meantime the reclaimed provinces
responsible for a part of the loan ; will bring forward the
budget without delay; will revoke the prohibition to ex-
port silver; and that the Diet will appoint a Commission of
Finance."
In the same sitting a Ministerial explanation (which
was considered satisfactory) was given as to the inten-
tion of the Government in calling together several of the
provincial Diets. It had been suspected that, acting
on the old METTERNICH policy, the Government had
convened these local Diets for the purpose of playing
them off against the General Diet assembled in Vienna.
In reply to certain questions which were put to bins
on this subject, the Minister DORLOFF stated that the
provincial Diets which have assembled since the 15th
of March are those of Moravia, Silesia, Upper Austria,
Tyrol, Steirmark, Carinthia, and Brain. The object of
their convention is to dispatch purely local business.
these
finformation
ml Anotheroaet
iatmln
ipo tirieevetss p
ewt hcatasi t had
respecting
ghe the
eopsrspoteamet
prospect
ot prompted dh r tt
hee their
obtainings
pser
importantmo vbinl i
enegs sosf
matter for the deliberations of the Constituent Diet.
They had been convened by Ministerial circulars, which
were authorised by the constitution. The votes of these
Diets would nut have the power of laws until sanctioned
by the Constituent Diet. Ministers would to this end
submit them to
,the people's representatives as soon us
received. _ _

The appearance of the cholera within the Austrian
territory at Bukowina has been officially announced by
the Government.
In consequence of the heavy rains, storms, and partial
rain spouts which inundated the country during the
nights of the Ist and 2d July, the greater part of the
circle of Villach, in the Government of Lay bach, in Aus-
trian-Illyria—natnely, in Tarvis, Korteschach, Spital,
Griefenberg, and Upper Villach, has been devastated
and destroyed to a most fearful extent, and hundreds of
families have been brought to beggary and the utmost
distress. The damage sustained cannot be less than
several thousand guilders.
A public subscription has been opened in Vienna by
the city police authorities in aid of the sufferers from
this terrible visitation of PROVIDENCE.