New-York daily tribune., 1859-06-04


Napoleon has yet no intention Of set!og free the
Austrian army Of 10000 u.en now scattered Along
the DamatiAn coast Ind TO enable II TO become
the reserye Of the great Italian army. he
therefore declines any such stiPulatons
and finds that even bis promise Of
respecting the territory Of the German Confedera-
tion gives the Austrians undue advantage.
The English middle and working c1sses regard
the Austrian leanings Of their aristocracy with
great distrust and series Of meetings against this
tendency has been lately arranged TO begin to day
at the London Tavern-tbe Lord Mayor to be in
the chair, aDd Kossuth to speak. Manchester,
Bradford and Glasgow are to follow with monster
Representations, in order thus to tie the hands Of
the Cabinet during the Parliamentary recess, and
to prevent Lord Malmesbury from entering into
entangEDg alliances.
The position Of Prussia is still more critical.
The educated classes Of Germany are seized by a
TeutOnic furore against Napoleon, the conserva-
fives reproachiDg hin with an alliance with the
revolution abroad, and the liberals with his despot
ism at home They swallow even the COncordat,
and wish TO do b tile for Austria that incubus on
German liberty, ia the good-natured belief that as
soon as Francis Joseph is saved by German
aid, and Italy crushed-as soon as be becomes
stroug and powerful again, he will become
a German democrat, and dance to the tune
Of German unity and German liberty. The
Prince of Prussia on the other hand feels that if
Austria should lose her Non-Germanic provinces,
nothing could prevent the reconstruction of
powerful German Empire under the auspices Of
Prussia. He therefore temporizes, prevents the
concentration Of an army OF observation on the
Rhine, and declares semi-offcialy in the Cologne
Gazttte that Prussia has interest in supporting
Austria in Italy in precipitated by the Court
Of Vienna against the advice Of Prussia, and IN
defense of policy never approved by Germany.
The temper of the English people, which wishes
for nothing more eagerly than for neutrality, and
the suspicious armarnents of Russia, which is con-
centratng large forces on the Prusso Austrian
frontiers strengthen the position OF the Prince Re-
gent. Still it is not certain whether he will be
able TO resist the anti French agitation among the
Germans.
AS to Russia, Austria tries to conciate her by
sacrificing Count Buo, who was peculiarly 0bnOS-
ious to the Court of St. Petersburgh, and would
gladly sgee to any Turkish scheme if Car Alex
ander would only become more friendly toward
Francis Joseph. But the Car has not yet forgot
ten the iDgrattude of Austria and is well aware of
the hatred which the Russian army feels toward
Francis Joseph He, therefore, remains true
TO his understanding with Napoleon, and
declares that he will remain neutral long
as the war is carried on between Austria on one
side, and Sardinia and France the other.
Should, however, the war extend by the particpa-
tion of Germany, he would feel bound to consult
his European interests, and to preserve the balance
of power. EUgland, in the interest of the same
balance of power, favors Austria, while Russia
.E.vors France and Prussia reuians expectant with
the view of an eventual ACKNOWLEDGMENT Of the
house of Hohenzolern.
The King of Naples, who is dying by inches, de-
clares likewise strict neutrality, but hls declaration
has not been noticed by Napoleon who Is not will
ling to throw away card which might turn out
trump The King of Greece, on the other side,
who thought he might, in the general confusion OF
Europe pocket Thessay, has been warned both by
the French and Russians not to stir, and quietly to
await the further development of the crisis
Again. Prince COuza of Modo Wallachia is not
OILY allowed to concentrate 10000 men at Pio-
.jeshte but be is supplied with arms and ammun
tion from Russia we'll as from France
Prince Milosh, of Servia is likewise organizing the
forces of the Prncipality, while Danilo, of Monte
negro gives shelter TO the Roman outlaws, and en-
courages them in their continual attempts TO har-
rass the Turks with the view of expelliog them
from the Illyrian triangle The Turks concen-
trating their forces ON the Balkan and Diuarc Alps
and are astonished at the indifference with which
Europe looks upon their present danger. ." How
ais it" said Pasba lately, that the Emperor OF
France and the Queen of England, having spent
millions of money, and more than hundred
thousand men TO preserve us from the grip of a
"hon allows us now 10 be deyOured by our own
dogs"
The financial straits of Austria are terrible
Within three weeks we see an emission OF
one hundred and twenty millions of paper money,
without any metallic basis; a forced losn of
seyenty-fye millions in Lombardo-Austris, aud
general raising of all the direct and indirect
taxes And all this before the first battle, at the
very outset of the war. What will Francis
Joseph do if it should last for couple of
years The commercial distress in consequence
of the depreciation Of the Bank Notes, which has
already reached fifty per cent is immense,
and many failures have followed that OF the
grest banking house of Trastain 4 Eskees, and the
provinces complain that they are unable to pay the
taxes
THE CAMPAIGN IN ITALY.
F,o- TIE London 1i~e. MAY -