Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1850-12-03
yyho Conditica If Europe.

the second edition Of the Times, annonnc-
inc that the ''die was cast" and that war
in Germany was apparently inevitable.
The Times i, undoubtedly high authority
vii large portion Of the people OF En-
rome, and Influences stOc: markets AND
com markets and railway shaIes, aid the
demand for cotton. and the sugar and tea
dealings, verv considerably by lis son
dis" But ~ SIS i.s;ance II produced
little or 70 q. Il. Europe, particularly
ENGLAND, was increGulous, and the mer-
camille and moneyed interest in Germany
scarcely troubled themselves to look at
the lowering of The political horizon
The feeling was, that the gathering cloud
although threatening. would pass away
without single thunder peal. 1t was
thought that Austria Notwithstanding the
military passion of her young Emperor,
would not rush into war and bankruptcy.
They calculated upon the despohc pow
er of an empty purse. They know, also,
that Frederick William of Prussia was
cautious, careful, and vacilIating, and that
he was very likely to recede or compro-
mise at the last moment. Nor could II
be very clearly perceived how the EN-
peror of Russia, DESTROYS as he is Of be-
coming the arbiter Of Germany, would
be benefited by plunging that country IN
20 war. 1t would not, they thought,
advance tho Emperor Nichlas's policy to
unite with Austria for the sole purpose
of humbling Prussia. However desIrous
Nicholas or Joseph might be to throw the
world into almost chaocic confusion, 1t
was perceived that the great lulcrum upon
which to rest the lever of ambitious &C.
lion was wanting. These Emperors have
no spare money, and therefore they could
not indulge in wholesale blood-lettlng.-
War is a right royal game, but 1t is right
costly in the playing.
Late news justiies the above concIu-
sions. The conferences at Warshaw are
understood TO have terminated in the ac'
ceptance of four out of the six PROPOSE
tions submitted by Prussia. Prussia con-
SCENTS not TO abolish but 10 defer any pop
Mar representative assembly for those
States of Germany which had joined Its
Tnion and Austria and Russia consent
10 desist from their previous demand that
Prussia and her allies should recognise
ond re-enter the resuscitated Frankfort
Diet The Union and Diet are both sus-
pended for the present, and the question
of the Federation referred 10 Tree confer
ences, TO be held by Delegates from the
thirty four German States. The granting
Of these conferences is most important
measure. Ii is step in the direction IN
which Prussia has long wanted Germany
10 proceed, and which has been long re-
fused by Austria. But we fear that Tie
advantages OF this concession Will be ma
teriallv neutralized by the admission OF
Austria into the German family, with her
entire enpire, and her very nearly seven
~ millions ofsubiects, OF allraces, creeds,
and oninions, We think France will
have a word to say about this. one OF
the rejected propositions on the part oil
Prussia was the place where the confer,
cnces are to be held. Prussia named
Dresden, Austria Vienna. The olher
was that the Presidency Of the future Ger
man Central Power should be filled altef-
notelv bv Prussia and Austria. This last
is a yerv important question, and emora,
res much that has lately been concnted
for. But it will not we trust present any
;nsuperable difficulties to the Gree con-
ference" wherever it may be held, pro-
yided such conference" be really Tree
If the negotiations have advanced thus
FAR. the smaller questions of SchlesWlg-
UoIstein and Hesse Cassel, cannot, we
think. occasion much difficulty. We
hone great step has been taken towards
the settlement of the German question:
and if peace has been preserved by pow
er,v. than has Providence deduced, as II
always does, dough not always SO eyl'
IDENTIFY, good out of evil. Almost every
thing which has lately occurred has cop'
yinced us that money, as an element OF
power, is rapidly passing from the hands
If Emperors and Kings and Governments
into those of the People. This is prob
ably the case with every nation IN ives
tern Europe, with the exception OF Rus
STA. and even there The Imperial Treasury
IS not The all-absorbing reservoir which II
was quarter ola century back. Neai'h
and knowledge, and consequently power,
ore much more widely disseminated than
thew were at the beginning of the present
century and we think the blessings o.
- peace are, in consequence, much more
hnSlS secured.
y