The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-11-04
iroulatiOn of the other Leading Morning
The Foreign News-state of Europe.

The Foreign News-State Of Europe.
BY the arrival of the steamship Hi5ernIa, a.
Boston, we were yesterday placed in possession OF
one weeks later intelligence from Europe. Great
anxiety was felt tor later news by the public, In
consequence oil the precarlous position which
General Cavagnac occupied at the previous dates
and the probability that was apparent of his not
being able to maintain himself President pro tenn
of the French republic, much longer. The transit
ton state in which Germany evidently was at
the last accounts, induced to look for later in
tegence from that quarter, too, with much in
terest; and great desire was manifested to hear
whether or not the English government had car.
ried into effect the barbarOus sentence which was
passed on the patriot Smith OBrien, of hanging
drawing and quarter,ng him, and placing his bleed
ing limbs at the disposition of the Queen
Italy, likewise, view of the remarkable and
Interesting events which have recently occurred
there, occupied much attention. In fact, the state
of Europe has been such, since the breaking out
of the French revolution, as to make the receipt
of late news, from every part of 1t, a welcome
and eagerly looked for event by the American
people.
France Is In much the same state as she was
before. General Cavaignac's influence is still on
the wane, and the exuberant spirit of republican.
ism which rervades her people, is eager for an
opportunity to occur which will allow of Its
bursting forth This opportunity will be fur
nished by the election for President, which will
take place within two weeks. In the meantime,
we do not suppose that any outbreak will occur,
or that Cavaignac will be ousted from the post
which he occupies.
Germany is In state of fermentation, and every
day of her history is advance towards the time,
not very remote, when she will be one grand re-
publican confederacy, which, on account of its
wealth, population and resources, will rank as
one of the first in the world. Russia, we are in
formed, stands prepared, with an army of two
hundred thousand men, to take part in German
affairs, and the moment she does so, will witness
an effort by France on the other side. Then
would come the grand clash so often predicted and
SO confidently expected to take place, as natural
result of the onward march of liberal and demo-
cratic opinion IN the old world.
From Italy the intelligence received by this
steamship is very important. The efforts Of
France and England to secure a peace between
that country and Austria, by way of mediation,
having failed, hosilties were to be newed on
the twenty second Of last month, the day on
which the armlstice between the belligerent par
ties would expire. Indeed, with the exception of
England, whose time Of decease as monarchy,
has not yet come, although it evidently not far
of, the whole OF Europe is in the throes Of revo-
luton, and every arrival from there, for long
time to come, will bring intelligence OF the
wasting and crumbng of old and corrupt institu-
tons, and the establishment Of new and pure ones
in their place.
Smith OBren's fate IS still uncertain. After
the delay which has taken place, and the answer
which was given by Lord Clarendon to the COM
miuee who waited upon him, we would not be
surprised If the sentence of death passed on him
be not carried into effect, from motives of policy.
A glance at the condition of the old world will
satisfy the unpreudIced observer that mind has at
last burst the letters which have for centuries
bound 1t, and is about to rise IN Its might, and as
sert It's power. The revolution France was the
commencement OF the struggle, and the movement
will not cease until the system, not only of GO
vemment, but of commerce and finance, which
has prevailed in Europe for centuries, will be ut
terly and completely annihilated. This we have
always maintained, despite Of the taunts and rail-
cry of selEconstiuted seers, and this we shall con-
tinuc to MAINTAIN, until all OF what we have pre-
dIcted shall have been realized, which 1t will be
before long One OF the first fruits of the great re-
volution that is now CONFUSING the old world,
will be the repudat on of all the governmental
debts OF European nations. A CON mercal panic,
the like Of which the world has never seen, will
succeed, out of which will arise a new system,
based, not fictitious and false foundation, but
one that will be solid, secure and tangible. Then
will England's last hour arrve-then will che be
northumberland mighty change come over
her. Her naughty arstocrsts will taen be hurled
from their lofty eminences, and the masses OF her
overtsxed people will rise superior to the privileged
corrupt and lordly few.
We shall place full details of this news, and a
portion of our extensive foreign correspondence.
before our readers tomorrow.