The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-08-05

FRAxKpear, July II, ls5


Oar Ts~nhssws Cssrssps~asnee.
FRAxEvssr, July II, 1854.
THs z~ssvsss Mssssfsr's D~~smds IN ne DIT
~ Ensisad and Frexce-H epss ef Polaad-EC
feet 81 A< Lass R<eaiufss~s- Amsriean RasIscay
SfcsAs-Laks Sspsvsev Mssssg Produce.
The Austrian minister 10 the Diet y instructed
10 demand from the Confederation an indemnity for
the occupation Of the Prerequisites. ] doubt whe.
Their any cf tAe smaller German Powers not even
those ~ko are hnevn 10 favor the views Of Austria
will .hy~ themselves Opposed TO open their purses
Cor such an enterprise; and q y doubtful whether
Austria. being sAp- denied even the pecuniary aid
81 the nuDd. q continue TIE occupation Of Wal
i~ehla ana Buiesri~ Strict neutrality demands that
sh< -sou.A ros oppose the Turks In their march on
E@~arshia o. other Russian provinces; and she WILL
no aoubs, comply with this implied obligation, 70
The l~~s Of her ability.
The fvcs navigation 81 the Danube. which Austria
sxpeess ~ the result Of the pressnt war 10 Of i'm
uense ~cn~eqnencs 10 her commerce, and 10 that
q scufbsn Germany. The Danube d navigahse
Cor steamboats, frcm Tin In wursenburg, TO iis
noush IN the Hlaeh 4~a. and opens 10 the central
Ssafs~ o. Europe the only natural road Of con-
u<rcs Which can peur me wealth Of Asia into their
nan. Tho commerce a. the Rhine 10 SUBJ
Get 10 taxxsioa non Enthusiastically the
er~s commercial nation on the Continent, and
which kas always fsken good care 10 dis
count the products 81 their German cousins on the
Rhine. The free navigation II the Danube being
a part Il the programme 81 peace put forth by the
aIes II h clear that Austria, whatever her political
predecsions may 10, mast not break with France or
England. The speech d the Emperor Napoleon
rendered the consinuxnce u the good understanding
between the Courts q Austria and France doubtful
funds Zen N per cent In day; hence an article
in the Wssno Zrfsng-- which win soon he followed
BY othenin reply 20 the articles IN the Ncssfesr,
intended not ~ much 20 pacify France as The ella
mon 81 the exchange brokers
In estimating the power a. France and England At
this moment, we must not overlook the capacity OF
their moneyed 10 deprcss OF initiate public credit
all over Europe-s pow er which more than Prussia,
must he considered the nth In Europe: The london
and Paris exchanges, hut especially the former 90
thus drawn into compsnionship by the brokers
Of London and Paris, are those ON whom eyenfnliy
depends the fate 81 every government In the pre-
sent age money h king snd decline IN NE funds
IL more fearful o. existing government than the
erection Of barreades by the aborng classes OF The
capital
about the revival o. Polish nationality. The
Foreign Department Ii a revival d another sort
II Q revival Of Hungary we're attempted, France
and England would he annoyed with the change OF
opinion on that subject in Hungary ITSELF y " the
peculiar misfortune OF excs TO se everything In
their country as II WINS when they len a. Neither
Poland nor Hungary are NJ for deuocratic republics
after the model Of the United States while the sris
tocraic elements In those countries. To which alone
q distinct national existence can possibly attach,
have for ages past teeD accustomed ~ take commits
sions under other crowns. Count Esterhssy is at
this moment the ultra Austrian representative 81
Berlin, and Count Nadaxty has been re-instaaed In
his former Office Of Secret Counsellor VI the Fan
peror.
In Germany, the effects Of the late revolutions and
Of the farce which was enacted under the title 81
tile German Parliament" are still visible, even In
the most ordinary transactions Of life. The cofnmu
nists and socialists OF Germany, hike those Of
France, have ruined everything, and have brought
the very name OF |" democrat into disrepate. On
hearing il pronounced there Is not an artisan or n
shopkeeper that does not look round for the police,
who II not ready 10 throw himself at the feet Of
the nearest justice Of tie peace 10 mpore his pro
lection against thieves Twill not examine whether
the excuses Of the socialists their fanaticism,
the absurdity Of their doctrines, have created this
fear; but IL Is certain that II exists and that m
the present governments Of Germany find most
powerful ally. There 10 feeling az insecurity
throughout Germany. accompanied by dull, DIES.
ponding submission TO everything in the shape OF
power, and instructive dread Of everything In the
shape of innovation Everybody seUe bent TO make
nothing better must be expected from the future.
All political theories are ut discounteven those
by which they are now governed. The educated
will tell you that Germany Is overpeopled-thaf she
is old and dccrept, and that the best thing people
do is to go to the United States 70 become young
again. There seems to be hut little faith in any Of
the institutions Of Europe and none in those ikeyfo
come. Hence the enormous amount OF American
stocks held in Germany-stocks which you never see
quoted either In London or Paris, or In New York
and Boston, and which, nevertheless, are eagerly
sought after by capitalists in Germany. Railroad
securities especially are held ms permanent invest
ments; aud II these securities at home are but de.
Gently managed, they cannot fail to command In
this city and other commercial places OF Germany
permanent market.
OF late, the Galveston. Houston and Henderson
Railroad Company, in Texas, have succeeded In
placing large quantity Of their bonds here, and In
other places OF Germany. II Texas manages 70
liquidae her debts and thereby TO the cloud
which hangs over her credit and destiny, have NO
doubt that all enterprises OF a similar sort in that
State would command money in this country. Every
dollar which goes from Germany 20 Texas II pre-
cursor OF an emqrant 20 that the State II benefited
in more than one direction.
American mineral stock is also much in vogue
The house OF Micard, Valentine 4 Co. have alone
mtted five millions OF francs from Paris to pay far
purchases made by Europeans on Lake Superior
The purchase was effected after thorough exami.
nation made by French scientific commission, at
the head Of which was professor OF the Polytech.
mic SchoM Of Paris. Let there be less fancy and
more real property thrown on the European market,
and there will he difficulty in placing the stock.
An immense amount OF all sorts Of trash Of that sort
has ruined the London market for that species Of
security. JIG.
The Funeral Of Lord Raglan.
WAR DEPARTMENT. July Is. 1855.
Lord PanmuIe has this day received despatch
addressed TO his lordship by LeutenantGenenl
Simpson, commanding Her Majestys forces in the
East
BEFORE SEBAsroroL, July Z, 1855.
Ny Lord-I have the honor to acquaint your lord.
ship that the remains Of our late lamenfed Com
mander-in-C Chief. Field Marshal Lord Raglan. were
removed from head quarters 10 Kazatch Bey on
Tuesday. the Sd inst, and placed on board Her Ma
jestys ship Caradoc, which departed for Engl nd
that same evening.
Nothing could lie more imposing than the whole
line Of this melancholy procession. The day was
fine, and the appearance ofthe allied troops splendid.
As many as could he spared from duty in the
trenches, and with safety TO their camp, we're col
lected, and the procession moved from the door Of
this house exactly at O'Clock p. NJ, in the follow
ing ORDER
In the court yard of the house was stationed q