The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-03-29

MES, but we do not zee Ia that, that Il 10 intend.
ed 10 reduce all France TO q system OF comnnun' |
ism or socialism, as minated in some quarters.
II is true the hours OF the working classes for
labor are reduced, but why should not the work
ing classes be taken care of now, when we have
seen the exclusive classes protected for centu-
ries past! The establishment of national work
shops Is merely something similar to our aims.
houses All the other sweeping reforms are ST.
milar to those which exist among ourselves. If
the provisional government does not give way to
the influence of the mere mob, every thing may
be successful.
We see no reason, therefore, to denounce the
creed of the new republic, as embracing within
it's principles any thing like the visions Of Fou-
rierism, communism, or socialism, or looking to
the destruction of personal rights or personal
property, by setting one class in opposition to
the other. We hope that such thing may
succeed, but that the provisional govern
ment, and the convention which is about TO
be elected, may preserve them intact from all
such fanciful theories may lead the country
into danger or into impracticable purposes.
Universal suffrage is one of the principal ele
ments of the new republic. This will bring
forth constituency of nearly seven millions Of
persons throughout France. A large portion of
them, however, cannot read or write, and it will
require great discretion and wisdom in the pro-
vlsional government to carry into effect the pur-
pose they have in view, with order, decorum,
regularity, and peace. The greatest obstacle
they will encounter, is that arising from the old
Office holders of the late royal government
These comprise about million of persons, who
have monopolised for years the honors and Of
fees of the country, and fattened on the toll of
the millions below them. That there will be
attempts at sgtation by clubs and coteries, we
have no doubt; but we trust that the people of
Paris and the large towns have intelligence
enough to carry their sober purposes into effect,
of creating self.acting republic, without more
instructions.
As might have been expected, the effect of this
wonderful revolution has produced terrible con-
ste1nation in financial circles, and is beginning
to create a financial revulsion that will be felt
all over Europe. The provisional government
has declared its Intention of preserving the late
system of taxation in order to meet the interest
on the national debt, handed down to them by
their royal predecessors. But this is easier said
than done. The prostration of financial affairs,
, ! and the arrangement Of commerce incident to
political agitation, will diminish the taxes and
, create serious deficit in the revenue. The re-
suit of this will, in short time, make it an i'm
possibility to pay the interest regularly; and 80
drive them into species of practical repudia-
; ton. This will tend, unfortunately, to injure
the att ,mpt to form new republic, with large
portion of those connected with financial affairs
The press, also, will be much affected by the
new order of things; and multitude of cheaI
papers, of all kinds, will be issued from the
: printing Offices.
. We hope and trust that success may attend the
efforts of the French people to elect conven'
ton, and that this convention may be more sue
cessful than the old constituent assembly. How
| they mean to accomplish it, we have no data or
: which to form an opinion but we suppose they
will draw most of their information and know
ledge on this important point, from the history
' and progress of the United States.
= Thus stood the matter at the last accounts from
France. This remarkable and wonderful event
! has already astonished all Europe, and produced
serious disturbances in many of the large cities
of that quarter of the world. The rapidity
I with which the British government acknow.
lodged the new republic, is evidence that
' the old institutions of England are beginning
, to tremble. We have not the slightest
doubt that the British people will not re.
q main long In their present oppressed condition
with their high taxes and terrible inequality Of
property and condition. Spain also is trembling
on the verge of revolution; and if revolution
. should take place there, and a republic be cs-
tablished, what will become of the island OF
Cuba? The first thing would be the abolition
of slavery there. Aud what state of things that
would produce on our Southern border On the
Rhine and in the centre of Germany, in Switzer-
land, and particularly in Italy, we find nothing
but signs of revolution, and preparations for going
. over the same work which the French have just
accomplished. The resignation of Metternich
and the marching of an Austrian army into Italy
are only the beginning of the end IN that glorious
. peninsula. In short, Europe was never In
/, such an exciting and remarkable condition
, as it is in at this moment. The civilized world
has commenced a new race, that has been fol-
, some time expected by acute observers; but IT
has already outstripped every fancy, and all i'm
agination, of the most saDguine character. The
effect of all this, too, on the United States, and
on the history Of the world, will be most mo-
mentous and interesting The procession Of
American citizens in Paris, indicating respect tc
the new government, and the intercourse anC
mutual compliments between the American lega
ton and the same government, are indicative o
the position which this great republic, on thii
side of the Atlantic, will hereafter hold over the
Imagination and minds Of all Europe and the
civilized world.
One thing may be considered favorable to this
, attempt to establish a new republic In France,
and that is, the success Of the last fifty years ex
, hibited by the United States When the old re-
, public was attempted in 1892, the American re-
public was only in its infancy, and had exhibit
ted none of the details of practlce-its adhe-
renee to order and peace-that it has done during
the last half century. The history Of this re
nuhIic and this ms ricsn example il now before