New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-11-28
THE PROGRESS Of REACTION.
Frunce-The Prospects Of the MoDarchy-fi-
nancjaI Di.,re.--Tbe Fall of yfenna-Ger-
mnny and her War Prospects.
Pa. Co,,.sro.dsnl4 n fns r.
PARIS. Nov Q. ls45

nnDy ana nfr w Gforpetts'
Par. con.spoadsnl@ n n. Tribune
PARIS. Nov o lsi5
Mar, Groley q MeEba6
DO you know the story of the pious pilgrim.
who vowed 20 walk 10 Rome, and always 10 make two
steps ward whenever he had taken three steps Tor
wardi Whether he reached bis journey end ).
point upon which history Is silent but can assure
you that here IN France doing exactly az ths,
oil grim dd-gong forward and backward Al the same
time II you have any commissions for The french
Republic 10 execute you should by all means make
haste for verify believe that the steamer which shA
bring your answer 20 this letter back TO Europe viii
ind u. In the full tide OF monarchy Do not at all irns
CINE that Jest /, lie my sorrowful grim esrnes'ness
You know that while still believed Ia the capacity Of
,ristsno. Of young Republic cried out wsrniDgy
months sgo at every backward step we made Where
are we soingT Now, however. my last hopes vanish.
my last Illusions mel, away like morning misi-snd j
already the monarchy distinctly projected from the
former indistnct outlines
Within ten days panic has hung over Change the
rates fall from TO francs almost daily all discounts
have ceased people are trying TO hqudate, and the
price Of gold has again risen to 3Of per Oo0t Business
which bad again partially returned to IL. old order sud
denly stops the workshops keep holiday, and credit
confidence and hard money are suddenly withdrawn -
What does this Whittier tends this panic, this
universal mstrust while stll enjoy the greatest
quiet and order in physical pOin. Of view. What do
the Bosrgeose fear that they all at once withdraw their
capital from the Exchange from trade and Industry -
Do they fear that the Republic is strengthening iIseli
or DO they fear les, the restoration Of the monarchy
may turn out badly When take the tolersoly candid
speech OF the great Bourgeose journals, the Debds
the Constitutional Presse aud others, the conduct and
the last debatsr OF the Parliamentary Club OF the Rue
foiiers the address made by Theirs hmsel, aud the
confessions OF the Press OF the Departments IN con
nexiou with the above mentoned exchange and money
cr.i. mi gh, conclude with certainty that tho Bour'
seoisie a. C. the National Guard carry their banners
some political srs,sgem, (smonsrchicsl manifestation
and that this will probably be attempted before the
election OF the President
Theirs IL the leading soul OF this monarchical reec.
ton the little man play. srea, game which may cost
him HE bead lie depends for support on the Poters
Club and the Legtmist Phihppst BonsPartis and ul-
tramontane elements OF which IL ia composed the
.t "a and 10Th Legions OF the National Guard on the
dscontented Generals sout, Bugesud paraguay d Hi.
ers Lebreion, Bar, Rspsiel Ruhieres, Ca'iesne and
others and finally ON the pr sang Bourgeoise OF Paris
and the Departments. This monsIchioai cotene will
have nothing to do with Cavsignses Presidency, be
are equally opposed to Loui. Bonspsrte for they art
anxious lest he should conhscste the Monarchy for him
self alone IL therefore possible that the monsrehsts
will break out In revolt even before the decsioa Of the
Presidential Election.
The igina intention OF these people IL peaceful
s,rstseom of politics--the making OF mere nantes
tarlon-but you can readily count beforehand wha, viii
come OF IL believe that II the Monsrchists to
play their trump openly to morrow we would eXper
fence general conflict In Paris and ghtfu bloodshed
the day ater-for the Proletaat would rise in body
and people would not kill but tear. Gay and torture
each other 30 much hate rage Jury and revenge are
hesped up on both sides ready 10 burst forth ~ the
hsi opportunity These are backward steps the
pigrm.path OF progress now come TO the step Tor
ward--for In the last week have only made single
one. That is. on the ith OF November AZ 4 o'clock
r. NJ the new Constitution OF the Republic accept
ed by 739 votes against 80 and sunday the l2h. II
will be solemnly and estivey proclaimed and promul
sated on the Place de la Revelation The l0l cannon
shots with which this vote greeted on the eyenn.
Of the 9TH had already oceasioned universal teTTo
aud boundless confusion in s Paris, since every bod!
believed new Revolution had broken out and beei
already fred upon with csnnons. We will hope tina
the festive proclamation OF the Constitution on Sands
uhe l2h) will psss over qaety-althoush some spPre
hoasions are entertained and Monsrehicsl as well q
Booapsriist demonst atoms, which may lead to dlsol
a. and trouble, are feared. heavy veil hangs owe
our nearest future tap st the door Of the Ia
known we scarcely know day, much lees to mo-
row, and we know evening when We lie dowE
whether we shall wake up the next morning under tn
Empire the Legitsmist Monarchy OF the Red Republ'
With the exception OF bringing this Constitution int
The world We have done nothing al all Tor week pas
ba, lock on and discuss our little budget in which W
see haymoniously coniras,ed l. so0oo00oO Of exPend
taTes, and l,SoOoo00oO Of receipts While we thus civ
ourselves up TO the aoles y Hieis ana suffer ourseve
20 be carried away by the stream OF circumstance
like 4 bile, Of wood not knowing whether the wave
will ever bear US to any land or lesp with down II
falling sprsy Of the erssss the res, OF Europe ie
menupg, lseorng and moving. hike AZ uncomior,ss
magic esGdIon. In which all kind. OF evil things AZ
cooked up.
The sltuston OF Germany becomes more despera
than ever and the difficulties which are hesPins then
selve. together in al quarters are almost oewiderin
Vienna has fallen and the Reaction reigns tssEisl
,hsre-hut thereby Is Austria lost 10 Germany. HeHe
forward il will De Selayouic state, and perhaps "
.e. soon see the troops OF the German Empire mare
ing sgainsi refractory ACstrs TO force II TO is iedeT
tive Sutyvhe in the Interior the sclav0nie and CO
lenents-SsASchlSh Anu "A"~s~Ne'
probably combat each other. APressni they are o
friends ard will march together against Hungary ~h'
\. to be crushed sny price After this victory oV
the Hungsrisns the sclsvonisns and Germans vi"
at swords point
Reside these transactions. and TIE newly commence
aifsculties in schleswig Hos,ee, which can 70 NH
the war succeeding the armistioe Of May T. 'ne 0e'n
cco,ral Power has directed a very energetic note
Switzerland IN which Il egteises very bitterly 'ae "a
answer Of Switzerland and declares that II shall her
after depend no longer upon Interchange OF notes o
VA case Switzerland does not make the rePsf~aon d
rnandcd. IL will Immediately take active measures a.
resort To energetic expeaienis. A, the same time y
7,h and ssh corps Of the German Army, under frn'
Carl of Bavaria have set themselves IN motion sna hA'
arrived at the borders Of Switzerland That this Repn
lie Will not yield 10 thing certain, and thus no'aln
-. ~.r,.ins 10 the lsarms. trcOps than penetrsl