New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-02-07

,pjsing ne, earning, hey nadly and Hadly rush |
Epon q c Inies,, the contest 1iH be sAort."
The Importance of this article may excuse the
length of the quotation 1t is the last warning oI
England and France to Austria, and II IT remains
UNDECIDED, the Empire of Francis Joseph Ia lost.
Lord Palmerston does not want to destroy the pres
cnt balance Of power in Europe; he wishes to pre-
serve Austria; but if Austria, struck with judicial
blindness, perseyeres in her mad policy, few weeks
will s.rve to lay her III the dust. austria feels
keenly the Danger Of her isolated poesion. Russia
remains hostile to her, on account OF the "mgrat-
"tude with which she astOnishod ]ae world, aud
of The cynical way in which Prps5 Schwarzenberg
announced this policy EnglanS and France arc
united against her. aud the Regent of Prussia
rs of course offended at tn gratuitous charge
preferred sgainst him 10 Francis Joscrss
pIoclamatios, after the convention OF VIVA
irabco, Sst it was thU policy OF Prassia
which had forced the Emperor of Austria to come
TO terms Hith the Emperor Napoleon oap, rus
sin being She Power most exposed to danger by Ma
nnleonyr ideas which iHssude the recstabsshment
IF I'm, Rhine frontier TO the benefit ri France,
Ansty fattered herselaith the idea that an alliance
with Prussia might stil be feasible result ever
in hstter understanding with Russia. Accordingly,
Court Karoly was sent to Berlin as Embassadef,
wiz, view G. an erentual revival % the Holy ALI
an-e. However, eten this last hcpo proved vain,
ess Austria should be resolved te reverse her ira
Rhonal policy in e ermany, and transfer the lead of
fe Frankfort Did to Prussia. TIC speech by1Vbich
! She Prince Resesft opened the Chambers YVES eyi-
/ IDENTIFY hostile b. Austria. He expressed himself
theoretically Cor the establishment OF the
COnstitu ion of 1881, 'a Hessia' mod,
fled only in so far rs the duties of
the Electorate toward the German Federation
are concerned by it. But Austria for the last few
wears insisted upon the recognition OF the Constitu
! ton Of 1851, which proceeded from the Elector
without any cooperation Of the people, and set her.
self against the Constitution Of 1881 on account OF
| its revolutionary origin. Thus the Austrian policy
! is in conflict with Prussia in Germany III conflict
with France and England in ITALY, in conflict with
| Russia in the Principalies Ofthe Danube, while the
discomfort in Hungary may by any unforeseen cir
cunstapce be famed into open insurrectiOn. The
| finances of the Empire are at the lowest ebb the
| amy is disorganized and the population even OF
Vienna has no faith either III the wlsd0m0 or IN
/ the good will Of the government. We hear OF oppo-
stion from all the prcpnces every where they insist
f, upon parliamentary control, and even that most
| servile institution, the National Bank, which from
its fist establishment was looked upon as govern
ment institution, finds fault with its management
by the Directors appointed in part by the govern
| ment and all VIGOROUSLY subseryient to it. The
only question, which will decide the events of the
year, is now, whether Francis Joseph is sufficiently
cCwed TO give up his foreign policy IN Germany and
italy, and to pocket the insults and humiiiatlOns
showe1ed upon him. or whether, relying on the Re-
man Catholic excitement, and Tlsklng the Empire
Ike his ancestor, Ferdinand ii, he will once
more take up arms and begin religious war
Common sense should advise him the first
course but Francis Joseph is not the man TO
he ruled by common sense. He rather listens to
Cardinal Rauscher, his late tutor, and to General
Count Grimm, bis bosom friend. Back stair IN
fuences viii decide his policy and the fate OF the
| Empire. Cardinal Rauscher, stung to the quick by
the French pamphlet published pastoral letter OF
q pages, against La GuerOnniere and the Emperor
of France denPiDg the night of any nation TO rise
esnst the established authority, and maintaining
| all the most extrayagant pretensiOns OF medieval
| papacy His letter made no impression in Austria,
still it read or account Of the personal relations OF
| the Cardinal to the Emperor Francis JOseph end
the public is af-aid lest it should foreEhadow the
Empercr's policy. The Pope has, however,
found mere important and unexpected cham
piOn. Mr.. Vileman, Louis Pbilppes late MN"
| lister, and LIBERAL has now entered the
lists in favor Of the Pope against the Romagnn,
Theirs too is said TO be preparing pamphlet main
tanning the rights Of the Pope to msgOvern his State.
The Orleanists, as short sighted az ever remember
that the support Of the Roman Catholic clergy
raised Napoleon to the Presidential chair, and be-
lieve that the hostility of the priests may now de-
strOy him. They forget that by such a course they
10, e all fhe few friends they had. MAJ OleOn on the
other hand wishing to strike blow against the Or
leanisfs and Utra1nOntanists declared his dispeas-
ure to the congregation of Saint Vincent dc Paul,
the wealthiest of all French monastic establish
ments, which has $50 affiliated societies in France,
constituting power not to be frlfed with. Still
important is his letter to his Ministers in which
| he announces his future commercial and industrial
policy, the abolition of the prOhbitory system,
ductiOn of import duties, and his tendencies for
free trade. This policy insures him the most cor
dial alliance Of England; the man but lately de-
nOunced by the English papers will soon become
their IDOL 1t seems indeed that the year 1860 is to
be wonderful year. and Napoleon has still
surprises more in store.
AFFAIRS IN FRANCE.