The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-06

the alarming symptoms Of his malady have disap
peared, his nervous system must be very much
shattered and the sanguine anticipatons expresses
by some persons more Immediately attached to hin,
that he will be sufficiently recovered to resume the
direction Of affairs even before the expiration of the
three months during which they have been entrua-
ed to the Prince of Prussia, not likely to be fur
filed. On the contrary, there is every prospect tina
the quasi regency will have to be prolongcd-per
haps indefinitely although nothing positive can be
known on this subject till the meeting of the Cham
bers, which does not take place till January. 40
cording to the constitution, indeed, they were al
ways to assemble in November, but last session an
act was passed empowering government to defer
their convocation until after the New Year. TO pre-
vent the transaction of public business from being
interrupted by the Christmas holidays. If the King
were permanently incapactated from performing the
duties of his Office, the assent of the Legislature
would be required for the Inauguration of an actus
regency; but as he is excessively unwilling to give
up his authority, and any proposal to that efied
hrows him into state of mind most painful to vii
ness, it will be avoided as long as possible. Per
haps too, the restoration of his mental faculties
may keep pace with that of his physical strength
and in this case the question would be settled WITH
disease this seems very doubtful. In fact the phys
clans are of opinion that his intellect will never be
restored to its usual state, and that every exGton,
either of mind or body, might bring on relapse
that would be fatal to his existence.
While the Prince of Prussia only reigns al IN
te7in change in the policy of this country cn be
expected. He can only act on the advice q his
brothers ministers, and pursue the line OF conduct
or supposed wishes of the King. 1t is necessary to
mention this, the communication made by
Prussia to the German Diet on the Danish
question has been attribted by some to
the personal interference of the Prince, whereas
in reality it had been concluded upon several weeks
since, and was only postponed on account OF the
Kings illness. At this moment demonstration
against Denmark happens to be equally agreeable to
the reactionst and to the liberal party-to the lat
ter from feeling of patriotism, outraged by the at
tempts of the Danes to force their language upon the
inhabitants of the duchies, and to the former from
their antipathy to the democratic nstltutions OF
Denmark which they would like to ste overturned,
or at all events prevented from extending TO the
German portion of that kingdom Notwithstanding
the clustering of the semioical prints, however, no
apprehensions need be entertained OF scn demonstra
lions leading to actual hostilties. N.ither France
nor Russia, nor England would allow the ultima ratio
to be resorted to against Denmark; hit the two for
mcr Powers may probably JON Prussia
and Austria in requiring. her u reform tne
constitution of Holstein and Lunenbrg according to
the pattern of the other German States, by re-
establishing the nobility in their anent privileges,
and introducing the three class system Of elections
in lieu of universal sufirageafer which all parties
will declare themselves satisfied with the exception
of the liberals, who in this as in many Others
will find they have been made cats-paws OF by the
absolutists. II must be admitted nevertheless, that
the Danes are most to blame, Their overbearing con-
duct having exhausted the proverba patience OF their
German subjects, and induced the latter to refuse
even the gift of liberal constitution when coming
from such quarter. Some writer, believe Toeque
ville has said that there is no tyranny like demo
au1th no ho oft he
inhabitants of Schleswig Hosten would certainly go
far to justify this uncomfortable doctrine
The more favorable accounts received last week
from America produced q corresponding feel
ing in our money market, which, unfortunately,
are damped again by the later adyices, stating
that the pressure had acquired renewed strlngency
On the whole, however, Berlin not being great
commercial emporium like New York, London or
Paris it continues to suffer less in comparison from
the financial crisis than those places, and even than
Vienna where los failures have been recorded with
in the past few weeks. The Stock Exchange is the
field where speculation is the busiest and the depre-
citation OF funds and railway shares occasioned BY
the tightness in the money market Is severely felt
by the parties interested but does not affect the pub
lie in general, or that portion Of the mercantile
world who keep aloof from the gambling and time
bargains Of the Bourse. The Bank OF Prussia, find
ing that specie sent out Of the country In great
quantities, declined to discount the safest brokers
bills where they thought the dscounting would
iend To facilitate speculations in the export OF sill
yer, or other stockjobbng manoeuvres. Among the
bills refused were. am told, those of Mendelsohr
& Co., the greatest banking firm in Berlin, next &c
Schickers. At the same time IT was understood thai
the bank would discount the acceptances OF mer
chants and manufactures with two good indorse
ments, the same as heretofore. The interest has
been gradually raised to Ga per cent per annum
which, though high enough for this country, Is L
per cent lower than in London, and 2A per cent
lower than in Hamburg, where in former times II
was down 10 per cent, and is now up to per cent
In consequence Of the scarcity of money many
articles in which large speculations on rise had
taken place. such cereals, spirits distilled from
grain, and potatoes, have had 10 he sold at ruinous
sacrifice, and several houses being unable To pay the
heavy differences, were obliged to succumb. One
great firm in the spirit line has been mulcted 70 the
tune of 200 600 thalers but has succeeded in keeping
its head above water Notwithstanding How thu
new joint stock banks, upwards of thirty of which
have been established in Germany during the las
two years viii manage to get along In the presen;
calamitous state Of the money market, remains
to be proved Their transactions, In granting
loans and advancing money on goods, must ~.
tually subject them to great fluctuations. Besides
these establishments there are about 40 mining
associations in various parts oil the country, many
Of which have sprung mp within the same perioi
and are busily engaged in digging for Goals Ignite
copper tin, zinc, iron ore, and other metals. The
shares Of these companies may In time pay the hold
very good interest," but In the present state OF the
share market there no buyers FOR them and their
quotations merely nominal.
These hard times are likely To have great effect
on emigration, which had diminished considerably
ia 1854 and So but has been again the increase
for the last year or two. In the Grand Duchy Of
Mecklenburg Schwerin alone, which does not con-
tain much more than halt a million OF inhabitants,
the number Of persons emigating amounted last
year to 500; being more than double that Of the
preceding year and there i every prospect that the
figure will be still higher in 1851. Mecklenburg Is
one Of the most retrograde countries in Germany;
the aristocratc institutions that had been abrogated
by the revolution Of rs hourishing again in all
their medieval vigor, and the people have been re-
duced to state bordering on serfdom. IL is no
wonder therefore that they try 10 escape from their
petty tyrants, and seek a new and happier home
across the Atlantic.
BERLIN Nov IL, 1857.
Political Susptnse-7he Regency and Position Of
The Rogent-Heaih Of The Kmg-A POETS fngru.
Gfude-- approaching Marriage Of Prince Frede
,icl IfIUiau- His Trim 10 England TypbfuSss