The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-11-22

Chambers are summoned there cannot be the least
doubt but that he would be saluted Regent by accla
nation, and 1t Is no wonder therefore that his I'M
willingness TO resort to their cooperation should be
attributed to dislike of anything savorng Of repre-
sentative forms OF government, and should revive
rumors prejudcial to him that had long been forgot
ten. II is undoubted that he has never taken the
oath on the constitution and that hints were thrown
out at the time that he declined doing in order to
be at liberty to alter such points not accord
| ing to his taste, in case of his accession to the
| throne. For my part, must say that consider
such suspicious to be entirely without founda-
ton. l attach little importance, indeed, to the
| viutfes Of liberalism which he has displayed
rather ostentatiously for the last few years, and
| in which he only follows the traditional
policy Of heirs apparent from time immemoral; but
It is notorious that the events of lS48 made deep
/ impression upon him, and cannot imagine that ne
would venture upon line Of conduct which, sooner
| or later, might lead to their recurrence. Besides
this his most confidential advisers are men closely
connected with the liberal conservative party, and
to be presumed that they will exert all their IN
fuence to deter him from steps that would excite
universal disappointment and Reproduction. His
| strange behavior ia perhaps merely owing to the
principle Of military subordination that has been in
sted into him from infancy He e., considers the
army, the command of which he is not allowed to
take without special orders from his superior.
There is report in circulation that previous to
deegang his authority to the Prince in case Of any
thing happening to him, and that this paper
had been entrusted to the safe keeping of the Queen
The well known character Of the King makes such
an act highly improbable, as he is the last person
in the world to resign his power as long as he is
able to retain it; but / am by no means sure
whether document Of this kind will not be eventu-
ally produced in order to put an end to state OF
things that il beginning to create general uneas
ness. The royal family are still assembled at Pots
dam, in anxious expectation of the denouement of
| this singular decree. constant exchange OF telc-
graphic messages sag Is kept up with the Emperor Of
| be profoundly affected by her brothers malady
The Prince Of Prussia, by the way, is douby con-
nected with the imperial family OF Russia-his wife
| being cousin of the late Car Nicholas; notwth
| standing which relationship she is represented "a
being much more favorable to English than to Rus
sian policy.
Towards the end of last week the money market
assumed more encouraging aspect; secuH
ties Of all descriptions were looking up, and
hopes were entertained that we had seen the
| worst of the crisis. On Monday however, change
came DER the spirit of the dream The disastrous &C
counts from America, showing that the pressure
there, instead of subsidng, had become still in
tense, and the intelligence that the Bank of England
had raised the rate Of discount to per cent spread
terror and CONSERVATION among the speculatorf, and
the slight improvement that had taken place previous
to the receipt OF these unwecome tidings was suc-
ceeded by heavy fall. II is feared that the Bank
of Prussia will have to follow the example Of its
English and French colleagues and that the wild
cot 7" banks which have sprung up lately will have to
suspend their payments altogether. As yet no ex-
tensve failures have been heard OF here and in this
respect our Bourse is generally distinguished from
that OF Vienna where some OF the first houses have
gone by the board but il Is impossible to tell what
catastrophes may ensue If the monetary perturba-
ions continue much longer.
| After the remarkable summer we have had VIC are
| now experiencing still more extraordinary autumn.
BY this time the cold weather has generally set in,
and there is either sharp frost, or Scotch mist
that trenches people to the skin and makes them
| glad to keep in doors This year on the contrary,
the weather is like spring. yesterday the thermome-
ter showed GA degrees in the shade and the public
| promanades are crowded with the beau monde
equipped in their summer costumes, and basking in
| sun OF June-lke splendor. The chestnuts are in
full leaf for the second time this season. and in some
places the apple trees covered with fresh bios
| SONS. In America, where you are accustomed to
| Indian summer, such phenomena might not excite
| any particular attention, but here they are quite
unprecedented. The "oldest inhabitant' cannot re-
collect anything to equal them, and if the comet
bad not passed of 30 innocuously we should
certainly bekeve that the end Of the world was at
hand.
BERLIN, Oct. Is, 1857.
Settlement of the Regency Q,aestion-Assumption Of
the Supreme Po,cer by The Prince Of Prussia
Position of Baron Manteu6ei-Add,ess of the
Regent to the Council Of Minsters-Health Of
the King. Sc, &C.
The Gordian knot has been cut and the regency
question solved, or rather sheked for the present,
by a sort of compromise, which, though nominally
transferring the rens of government to the Prince
of Prussia circumscrbes his nihority by restricting
it TO period Of only three months. That protracted
negotiations were required TO obtain this result ia
evident from the fact tina. so anomalous state of
things as that existing since the Kings illness should
have been allowed to continue till now; however,
on Friday naming the royal physicians discovered
all at once uiat MS Majesty was sufficiently compos
ments TO understand the purport Of the act required
of him. and the Prince OF Prussia his son Prince
Frederick william, Field Marshal Dohea. and NJ. de
Mareeuf3l being called the King, in their presence
anG in Asi o. the Queen and the medical men, affixed
his signature TO the following document
~ Ills ROYAL Holmes THE PRiNcx % Prussia
Having, by the advice OF my physicians to abstain
for at least three months from oil participation in affairs
of government herewith empower your Royal Hghness
TO assume the management Of public business in my
pace during the Of these three months unless
contrary 10 expectation my health should be established
previous that time and request your Royal Hghness
to TAXI the proper steps IN consequence -
Given At our palace Of sans souc Oct 20.
Pursuant TO this order, the Prince Of Prussia adj.
dressed q communication TO the members Of the
| Cabinet which runs thus
annex the original Of the order issued by his Ma.
esty, authorizing you to publish the same, together
with the present missve, in the manner pre-.
scrbed by law. In reference ~ the administration Of
affairs entrusted 10 me by his Majesty and accepted by
declare herewith my frm resolution conduct them
according 10 the known intentions 81 hrs Majesty, my
royal brother and conscientiously observing the con
tuition and laws OF the country, as long his Majesty
shall consider requisite. expect the army, the civic
functonarics and all his Majcsiys subjects show me
due obedience, and call especially upon the Minister'S
Of state retain the funes Of their responsibility Aer
mentioning that public business is % be carried the
various departments OF government IN the same
manner as heretofore, the Prince procccdsl,-T pray
to God that under his blessing, he will grant strength
b. conduct the administration 70 the satisfaction of bis
esty the King and the welfare Of the country and that
the restoration az my royal master TO health may
| cve me Of task which only undertake IN compliance
with the royal command and IN funlpent Of my duty
| the fahcrland
In the forenoon Of yesterday the Prince came over
from Sans-Souci by an extra train, and received
Baron Monteuflel and the whole ministry at his pa
lace thus entering formally upon the exercise Of his
functions as temporary head Of the government. II
viii be seen at glance however that his position IL
| lifcult "a uba xvould haye baen A bah had