The daily union. [volume] (Washington [D.C.]) 1845-1857, 1856-05-03
GERMAN POLITICAL MATTERS.


Iron occasional soHespcBceatl
FRASKFoRr-os-THE-MARE,( Germany
April 4, 1856
IN. conclusion of peace has become fact
In not sneak Of the general impression produced by
t event but only OF the impression il has had on the
bl mind In Germany and even OF that only 80 iar as
~. nom This great political centre Within the limits Of
M country think il be safely said that the satsfac
Nan produced by the conclusion OF peace is tempered and
amnshed BY many approximations and doubt OF It's dara
ion
epreferrsd protraeted during year or two with
and by the united strength OF all the great Euro
n nowers-to peace which 10 them not calcula-
"a 10 break the preponderance Of Russia nor TO check the
assiye spirit of the western powers, In so complete
manner as Is desirable solid and durable peace
The conditions OF the treaty Of Paris not having been pub
bed il Is impossible to form opinion as TO the ques'
lion whether the apprehensons mentioned are reasonable
or not
II NAV be called The constitutonaist party whose appre
tensions arise from quite different They fear
Ina, tbe neace now secured will produce kind OF apathy
i The potca feelings OF the nation that the interest Tor
A OF their political rights the desire for con-
stittonal reform and political progress, VIII be weakened
by the peace and that the public attention VIII DC eAcu-
siyely devoted to the so-caed "materia interest Inc
adheren of that apprehension point 10 'he
tendencies lately shown by several governments OF Ter
many,o The exerons of the atocrac parties in Pras
ala Hanover and on TO limit or abolish the punc no
critics and institutions for the exclusive benefit of their ow
interests These exerons have been favored to certain
exen by the measures of the governments and by several
resolutions OF the Diet ITSELF 1t is 10 be feared that peace
will give the reactonists greater opportunity to carry
ont their intentions whilst during the war; owing to the
uncertainty of future political events greater reserve
certain regard for public opinion imposed upon them
report these tendencies merely to show that there still
exist different shades OF public opinion in Germany at the
yery moment when the western press procaims universal
satisfaction with the settlement just effected.
On the other hand, the peace will afford great advan-
tages in the development OF manufactures commerce and
nayCaton for the extension OF railroads. and the
ointercourse between the States On this
excess Of speculation has already manifested itself through
out Germany multitude of new projects for banking
establishments railroads and the like have inundated the
country The banks established at Darmstadt Meinengen
and Weimer have been followed by similar institutions
not only in the great marts Leipsic but also in differ
en little prncipities The danger Of Of paper
money in the different parts of Germany, and which
have several Of my letters predicted likely occur
has already awakened the attention Of governments
Prussia initiating the example given by the French gov
eminent has prohibited transactions Change in foreign
bank shares pad up. The same government further
fused to sanction the different schemes for the establish
en Of banks but il extended the capitals and opera
tons Of the banks already existing Similar steps have
also been taken in Bavaria Without denying the beaevo
lent intentions of those governments OF opinion that
the excess speculation be radically overcome
by Of authority but only by the sound reason of
the public ITSELF few weeks ago there on Frankfort
Exchange animated business in the shares Of the
bank al Menengen Ito which four hundred millions had
been subscribed of which three hundred and eighty mil
lions taken here, although only three millions were
required in ALL These shares upon Exchange to 10
and II per cent premiums now they at aoos par and
in limited request This fact will work more power
fully the public mind than all the restrictions OF gov
ernmens