New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-05-05
PRUSSIA.

The strange frenzy which has converted
France ntoa gambling house. and identified the Ma
poltonic Empire with the Bourse, has by no Lleans
been couhned within Gallo boundaries That
plague unrestrained by political frontiers, has
crossed the Pyreneer the Alps and the Rnine, ard
o1derfui to cay, has seized upon solid Germany,
where speculation in ideas has given way to specu-
laton il stocks, the summum bonum 10 the bonus,
tle mysterious jargon of dislectics TO the no less
mysterious jargon OF The Exchange, and the aspir-
stob for ubity 70 tire passion for dsideDds. Rhen-
ish Prussia, from its proximity 10 France, as well
a. rem tn, high development of it's Industry and
commerce, was the first TO catch the disease. Not
on old the Cologne bankers enter into a formal
a.!iance with the great swiDdlers at Paris, by pur
chasing with them III. Independence Btlgc as their
common organ, and establishing an international
bank at Luxembourg; not Oaly did they drag into
The whirlpool Of he Credit Mcbilier all South Vest
erD Germany, but ia the limits of Rhen;sh Prussia
and in the Ducby Of Westphala they succeeded so
well that at this moment every layer u society,
exc pt that formed by the working classes and
smaller peasautry is permeated BY the gold mania,
so that even the capital Of the small middle class,
diverted from its customary channels, seeks for wild
adventure, ard every shOpkeeper is turned into an
acht mist. That the rest of Prussia has not escaped
the cUntsgon will be seen by tire folio wing extract
from the Prspssisek Correspondent, ministerial
PAPER.
"Ob.ervatops recently made on the money market
justify the assumption at there 10 again approaching
CLe OF those hghfu CONNIE rcal crises which return
periodically. The feveri-h movement OF an immodeT-
g. nt.h
s.Lce last yeai. p.rvaded Germany TO great extent
ard not only the Berlin BouI.e and the Prnssan cap
tsss have bee dragged into this whirlpool but $50
vi Oo oasse- of society which, at every former time
eudeavortd 10 shun any immediate participation IN
the bsYsids Of the stock market"
On this appreh, nson of an imminent financial
critis, TIE Prussian Government grounded rs
refusal TO allow the establishment Of q Credit Mob
Iier, the dszz ing colors Of which were suspected
70 coDct al sWindliDg purpose. But what Is
not permitted under one form may be allowed
in another; and what is not permitted at Ber-
In viii be tolerated at Leipeic and Hau-
over. The latest phase Of the speculative
u mia has set in at the close Of the war, which,
81 sr from the commercial excitement iaseparable
from any conclusion Of peace-as witnessed in lcr9
end l5I5--is this time marked BY the per- Ar fea-
tJre that Plussis has formally expressed her wish
TO thew open her markets to the importation OF
western capital and speculation. We shalt, &C
cO.dipgly, soo0 hear of the grand Irkussk trunk
line with branches 10 PekiD, and other not less
monstrGus schemes, the question bring not what is
rally designed for execution, but what fresh u.s.
ieiial may be offered for the spirit OF speculation
to feed upon. There was nothing waiting bat the
peace to hurry the great crseh apprrhended BY the
P'ussisn Government.
This uncommon participation BY Prussia in the
speculative movement Of Europe would have been
impossible bat for the great -trides made by its
iidust OF late ye.. The capital invested in rail-
WAYS slue has been ipcTeased from Is, OOO,1J to
l5i CO. Geo Prusslan thai r. IL he interval from 1910
to 1896. Oiber railroads at estimated cost u
100000. are in progress; and tho Government
have further authorized the Co.'S tructon Of new
hres at co.t of 81, OC0, 900. Eighty -seven joint
stock companies, with capital Of SO, 600 ooO have
'prupg into life since 1s41. From 1876, nine
insuraIo O. companies, With 9 capital Of % 900 000
h've been registered In these last two years.
lAe~i,e, s'f joiDt-stock compabies. with capital
Of l0.1oO, oO0 have eoUmsnoed 70 run spiau;ns.