The Washington union. [volume] (City of Washington [D.C.]) 1857-1859, 1858-10-08
LETTERS FROM EUROPE,
LspeeIAI c0rre.poaasnee or bid ualon.l !


Inc DANISH government las answered the last note
of the select committee of the Germanic confedera
ton at Main and according TO my
Judgment, matters now remain precisely where they
were before, and where they will remain as long
the Danish government has will and the Germanic
confederation remains constituted it is.
There is no disposition to come to any armed dem
onstration and in the way of diplomacy years may
elapse before satisfactory arrangement is come to
between the King of Denmark Danish sovereign,
and the King of Denmark as Duke of Holstein and
Lauenberg. The whole matter is merely remarkable
in ethnographical point of view; politically it is
not of the least practical influence the status quo in
Europe. ~ .a&s ~ s5 60
The Austrian National Bank has received orders
from the government to commence redeeming its
small notes in new specie, I'll lorins of the coin
being equal to $40 U. s. money! and to issue new
notes except for equivalent in specie, and to be
redeemed at any time, at the option of the holder
Weekly statements will also be published by the
bank Of its condition. the bullion in its vaults the
notes redeemed, the amount of new notes issued, &c.
all of which will tend much to revive the credit OF
Austria. This revival is necessary to overcome the
objections made by some of the States Of Germany
to Austria joining the Zoiiuerein. They pretend to
want to know whether Austria is solvent before
they express Willingness to enier into partnership
with her. 1t is certainly clear that Austria with
her fertile provinces and forty millions OF ndustrI-
GUS people, passes vast resources to meet all its liza
bties, and that the right man is now at the head Of
the ministry Of finance TO give commercial and imam
cial matters proper direction. Austria is not now
in commercial sense, solvent--that is to say, she
is not now able to meet all her liabilities but her
assets are ample ana her liabilities comparatively
small that she is to come out right if she
be afforded but little time to make satisfactory ar
rangements which shall not impede her future de-
velopment. This is the view which all thinking
men take Of the financial condition of Austria, and
few months will suffice to show that they are not
mistaken. II Europe retains peace for a few years
longer yet Austria will have fairly got the
lamties of l64S, so, '5l, '52, which reduced the
empire to the Duchy of Austria, and threatened for
ever to sever the States forming the Austrian mon
archy. When the Austrian credit shall be re-estab-
shed it will be impossible for Prussia any other
German State effectually to oppose her coming
into the Zoll-verein, which will then represent
a commercial and manufacturing aggregate of
seventy millions of people. That the union
of Germany through associated labor (not in the
sense of the socialists but in that of the political
economist) would go far to establish political
union and mutual good understanding between the
different States, by establishing community of in
erests very different from that which that one-sded
statesman, Prince de Metternich sought in the ha-
tired of France and the practical separation of the
different States from each other and from Austria is
selfevident Austria wishes 10 secure union with,
not preponderance over, Germany; ii docs not be-
lieve in assimilation, but in federalism each State of
the contederacy to manage its own affairs. That
such an arrangement is the only suitable to the
present condition of Germany is apparent; it is the
only way by which, without revolution and danger
GUS experiments, that political union which is the
dream of every German, and especially every educa-
ted German can be realized while, at the same time
it is the only means of securing to Germany that in
iuence in the affairs of Europe to which she is en-
titled by her education, her industry her military
population, and her geographical position
have already alluded to the 23d October the pc
riod when the government of Prussia will suffer a
serious change, from the fact that the Prince Of Prs
sa will then longer consent to preside over the
destnies OF Prussia without having the means to
give power and consequence to his own will
Whether regency will then be established is, as
yet, exceedingly doubtful; but it does not matter
under what form power is exercised, provided all
the attributes OF command remain with the man who
exercises it, The old King has lost his memory,
and is scarcely able to confer with his ministers OK
cept through the kind ntercesson of the Queen
This state OF things cannot last and will be terni-
mated on the 23d oil next month. In the mean time
Austrian Archduke is entertained at Berlin
and Prussan Prince received with royal hon
ors at Vienna. There is every disposition on the
part of the court of Vienna to smooth over old cx-
listing difficulties, and it requires but little effort
on both sides to change the policy Of Baron Man
teuifel, who is opposed to Austria, into one which
shall establish better understanding between the
two leading governments of Prussia.
The preparations at Warsaw for the reception of
the Emperor of Russia and his guests are very ex-
tensve, and tho military manGuvres to be executed
there Will be on very large scale. 1t is after hav
ing the capital of Poland and secured the good
will of the Poles subject his sceptre that the En-
pereror will proceed with the emancipation Of the
serfs--a project which seems to meet with greater
obstacles IN its practical details than could be inn
agined, and which, i'll some of tho government cir
cles, has met with the most decided opposition 1t
is even rumored that the Emperor's presence will
be necessary to enforce everywhere obedience to the
new law and to prevent oppression. Rumor says
that the Emperor Alexander III will pay short visit
to the Emperor Francis Joseph at Vienna, and that
this will mark the turningpoint in the relative posi-
tion of Austria and Russia. The cabinet Of Vienna
has for some time been desirous to resume friendly
relations with Russia being satisfied that tie policy
Of France in Italy is not favorable to Austrian poll
tics, and that the alliance of England now that Cher
bourg is completed, is a thing not to be depended
upon. return to Prussia and Russia, however is
return to the Holy Alliance, and can only increase,
not diminish, the strength of the entente cordiae be-
tween England and France. Practically, the success
OF this new movement has not many chances in its
favor. The animosity of Russia towards Austria is
very bitter their interests in Turkey are damcri-
caly opposite, and the maritime position which
Sardinia has secured to Russia in the Mediterranean
by the cession of the harbor of Tunea is well cal
culated TO alarm and excite the jealousy of her Aus
trian neighbor. Russia has now secured port for
her commercial steamships she will, through the |
kind offices of Sardinia, find port for her gov
ernnent steamers and men-of-war Russia without /
crossing the Dardanees, will have found the way to
Gibraltar, if she does not stop in the Adriatic and
secure port to Prince Danito. fAustra succeeds |
in avoiding all these dangers, and in securing in
spite Of the antecedents, the friendship and !
goodwill of Russia, then | am afraid the success |
will be more of personal than a national char
acter. The present Emperor of Russia is a man of I
the kndest disposition, and friend of peace. His