The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-10-23


nine months since the dethronement Of Louis Phppei
and the dstrust and confusion which
still exist in all parts Of France considerable progress
has been made In the establishment Of republican
form Of government. The time which has transpired
% but day the history of country, and 1t will pro-
baby be years before everything settles down peacea
bly,, quietly and permanently Almost another gene
ration viii have to be brought upon the stage instiled
with republican principles from their youth up and
the order of things must be gradually consolidated
to give them strength and stability The people OF ths
country expect the formation Of q republic out of
monarchical form of government at once and the ap
of any opposition destroys at their
dence in the movement and dissipates all hopes Of
successful termination Of the movement. II is
small matter to change the feelings and habits of
immense population to give people Institutions
a new order of government rulers, and, than
all this to place in their hands the elements to build
up or destroy any power that may check any privilege
or refuse give them the largest liberty The most
deal agrarian principles absorb the minds of the lower
classes; and until party lines closely drawn, and
each establishes its own platform, there can be no
strength the government. The formation of these
parties and the creation Of political creeds mat
tiers more of time than anything else. People cannot
be forced into the adoption of doctrines which they
at the time honestly believe to be dangerous and it is
only by experience, by practically illustrating the
absurdity of certain systems that they will be aban-
doned, and trial given to those Of reasonable
character We have abiding faith in the sober
thought Of the people We shall zee, and must expect,
many mistakes in tb administration government
which have been partially established in Europe upon
the ruins of monarches; but we trust Of them
will be fatal to the extension Of republican principles
Much apprehe nsion is entertained in this country re
,ative the result Of the present position Of potica
affairs in France but there is in act very little
for alarm The personal popularity Of the heads of the
temporary government is after ALL matter Of little
consequence. The popularity of the members of the
provisional government was q matter of much conseg
quence it was Of the most vital Importance that
they should sustain themselves until the convention
was elected, and had met The moment that body
was formed the became vested in the peo
pie, and there end to all monarchy in France,
and the ultimate establishment of republic set
tied The opposition bee powerless far it
aimed at individuals and the convention became the
government 1t is impossible to make that body un
popular with the people Of France and the safety Of
their rights and privileges depend upon the Arm
ness of their representatives The members of
the temporary government may become unpopular
there may be another insurrection-the streets Of
Paris and other cities Of France may be again CO.
vered with blood and thousa Of lives may be sacr
feed; but the convention will rise above all these
difficulties. 1t may be driven from Paris its meetings
may for time b. prevented by physical force but it
cannot be destroyed 1t is the ark Of political principles
in France and it will safely ride through every storm
General Cavagnac may be deposed another dictator
may come into power and rule for brief period; and
before permanent government is established dozen
dictators may up and down but every convul-
sion brings them nearer the point proposed-every
throe Of the monarohical monster weaksns his
Strength and his power to do evil until finally, proper
principles will triumph and the people of Europe will
be politically redeemed. Revolutions it is said never
60 backwards and it is confidence in the truth Of
this maxim that gives hope-that induces to be-
neve that the people Of France Germany, and other
countries the continent of Europe, WILL before the
lapse Of many years, be in the enjoyment of republ
form of government, and advancing rapidly in
civilization under the influence of republican nsti-
tutions.
The annexed statement exhibits the quotations
in this market for each day Of the past week. and
the close of the week previous Prices have been very
uniform, with two exceptions, the varetons ha
wing been but fractional per cent -
QuoTATIoNs FOR THE PRINCIPAL SrooKs 1 New YORK