Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1859-06-24
THE WILMINGTON JOURNAL.



WILMINGTON, N. Co. MONDAY. JUNE 20, 1859.
The WAY THE MONEY GoEs-The French Govern
ment advertised for and got taken three per cent loan
of five hundred millions of francs. Now, when that
loan was taken French three per cents were worth about
60 per cent and when stealings taken off, the gov
eminent realized very little SO francs for every
100 francs of debt incurred That is the way these
war debts mount up.
At one time when the elder Napoleon was carrying
things before him, and the struggle maintained by Great
Britain looked hopeless, part of her immense debt was
contracted upon terms quite bad as these to which
France has to submit perhaps upon the whole they were
worse before the specie was sctua placed IN the hands
OF the paymasters of WeImgton's egions in Spain, or
paid over to the subsidized German Russian poten
tates who hardly ever put in the field many men as
they took pay for.
But this was in desperate times. Now, Louis Ma
poeon is at the head of Europe-he is on the top Of
the Wheel-he fights not the English did, for eXls
tnce, but for ambiton-the prosperity and the power
Of Frarce under him laudcd to the Skies while the
unbornded resources Of her credit vauned in strains
partaking Of hypcrboe Yet France realized but 90
for every 100 of debt. How long can all this last
We have spent good many hours recently in porting
over papers and histories and all that sort Of thing to
try and find out something of the real of events
something Of the feelings and motives OF present OR
possible parties to the existing and confess that
we are about as far of from any very definite
conclusion The London Times, paper which is evil
IDENTIFY acuatcd by feelings of hostility to Louis Napo
leon and the French generally, quotes pretty long ar
tcle from the Augsburg ALgemcine Zeitung the lead
ing paper Of Germany, deprecatng delay, and urging
the Germanc confederation to take part at once IN sup
port of Austria against France The Zetung contends
that Germany from Cologne to Swaba, from the Bal
tic to the Euxne is enthusiastic and united for war
against France 1t argues that German armies can
march to Paris and take that capital. That Russia
moves slow and cannot send many across her own
frontier and that resolute the part of Ger
many will detatch Russia from France or impose upon
her forced inactivity while it is presumed that Eng
land would be glad to her exacting ally humbled and
the threat of Cherbourg removed The recompense to
Germany is to be found in extending the boundaries of
the confederation over the now French provinces Of
Alsace and Lorrain.
The Times comments upon this enthusiastic ouburst
of its Teutonc contemporary in rather cynical tone 1t
regards the scheme as wild, and well it may. 1t is a
long way to Paris and it took world in to get
there even after Napoleon had lost his veteran armies in
come If Germany be really disposed as the Zetung
represents her to be- there no knowing how soon hos
tilities may spring up. Where there is will, there is
way Where there is disposition to go to war, there
can never be any difficulty in getting an excuse.
The articles of confederation between the different
States Of Germany rather complicated and liable to
lead to untold inducements Thus 1t is provided that
the Confederation is not bound to assist any OF Its mem
bers in quarrel arising outside of the confederation
and not involving federal interests as for instance, the
italian provinces of Austria not included IN the
German Confederation, and Austria is not entitled to
call upon the Confederation to assist in their defence
but for all that the Confederation may become involved
on account of nonedera interests, and this too posi-
bly,, in defence of rank injustice. Say that Austria
gets into war with France about Italy, and say tarth
cr for the sake of Illustration that that war Is unjust
and aggressive the part of Austria, and that IN its
progress Austria gets defeated the French pursue bel
into her German territories then, by the terms of con
federation all the States of Germany are bound to senc
their contingens to screen Austria from the punishment
due to her own aggressive ambition in war IN which
the other states could have had interest, and from
which they could have had nothing to gain
Whether, after the news of the great battle before
Milan the German presses and governments will be Sc
eager for the invasion OF France Is another thing
Louis Napoleon will not advance into the German prov
inces Of Austria if he bring her to terms withou
doing So but it may be that Austria relying upon TIT
assistance of the Confederation, will not to term
short of an advance on Vienna and then indeed com
pcatons, of which 10 the end, must ensue
By the way, few years ago. Elhu Burritt the learn
ed blacksmith and other blathering sort of people,
trampoosing and tcadrinkng around the world, helc
peace congresses etc, while the monarchs swelling
their legions. War to be no more--we in th'
nineteenth century What sort of commentary On tha
is the loss of $4,000 men in one battle? The worl(
is the same old world that it used to be. Perhaps
little killing is good for i-who knows? Ithurs some
body, but it is glory!
Melancholy Accident.
This morning about o'clock, Mr. James H. Downs
second mate of Schr. D. B. Warner, lying in front o
the Custom House. fell from the crosstrees OF the main
mast Where he was performing duty) to the wharf