The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-15

BY the arrival of the steamship Europa at this
port, we have received seven days later intelli-
gencc from Europe than what we were previously
In possession of. Our citizens did not expect that
the political intelligence, which that steamer
expected to convey to us, would be of much import
ance or moment. A great many of them did sup
pose, however, that she would bring tdngs of con-
tnuance of unfavorable harvesting weather in
England and Ireland and information to the effect
that, In all probability, large demand for our
corn and breadstufs would be made upon us.
The expectation in each instance has been dsap-
pointed. The commercial intelligence conveyed
to us by the Europa is not of the character ex-
pected, and the political news Is of the greater
consequence.
In the European political world, France, of
course, occupies the most prominent position, and
justly SO. For ages she has been one of the lead
ing European nations, and possessing prestige
and power inferior to none, her movements, and
the part she would play in the drama now being
enacted in Europe, matters of the greatest mo-
ment to the whole civilized world Her policy has
been for some time matter of doubt and specula-
ton, especially in regard to tie affairs of Italy.
1t has, on the whole, tended more to the preserva
ton of peace than to the encouragement of war.
essentially differs from the French republic of 1888
The old republic sought to disseminate republican
principles by free of the bayonet; but the mo-
dern French republic appears to have adopted po-
Icy directly the reverse of that Peace has been the
watchword of France since the dethronement of
Louis Philippe; and, according to all appearances
and Indications, the peaca policy will be more sue:
cessiul In the PRONUNCIATION of republican princl-
m hc he Cd L,,t 81, II n
republic. But this peace policy, since the eleva-
ton to supreme power of General Cavalgnac has
been pursued for twofod object first, that OF
suppresssing the insurrecuonary spirit in the
capital, and thereby preserving the existence Of
the government, and also that of being pre-
pared fully to resist aggression from other
European and monrchlcal countries, BY this
policy the new French republic has so far
succeeded IN maintaining the peace of Eu-
rope, and has successfully prevented foreign
combinations against her. She has been fully
prepared for war; and being so prepared, Eng
land, her old rival and enemy, covered with debt,
and positively unable to cope with her, has
studlously avoided collision with her. The
same may be said of the other countries which, In
former times, were numbered among the Holy AL
lance. Those countries, then so ready TO combine
in opposition TO republican principles, are forced,
by the instinct of selfpreservaton, to devote their
energies to the prevention of combustion of the in
flammable materials within their own borders.
The armed interference of France, IN the diff
Guilty between Italy and Austria, which, at the
sailing OF the Europa, was momentarily expected.
may put another phase on the matter. According
10 the accounts which have reached us by that
steamship, such an interference was momenarilv
expected and IT rests with General Cavaanac.
who Is the Napoleon of peace, as much as Bona
parte was OF war, to say whether this peace policy
shal be mIinged upon, or not, in that matter. If
II be, no one can predict what the ultimate conse-
quences may be. Ii may lead to a general Euro
pean war, the results of which no mortal can nre.
diet but 1t is quite certain, according to present
appearances, that General Cavaignac holds IN the
hollow OF his hand the general peace OF Europe.
The nextsieamship Will. probably, bring us INTEL
hgence on which an opinion can be safely formed