The New York herald., 1860-12-08
and ti,.st no investment is wore than that Of
povder and pn,t


Coming Events In Hurope.
Gsribaldi's announcement, chat In March
of 1861 Italy will have to contribute her utmost
to meet Q war In which million of Italians
will be required to take an active part, il still
fresh in the public mind. Bnt IL Is less widely
known that the war Is to be directed sgainst
Austria, and that 1t is to involve Q revolution
In Hungary and death struggle for venetia
This Is no secret plan OF actian, for never
'ws any contemplated event of the kind more
openly declared by all concerned. We learn
chat the italian army will soon number moro
than two hundred regiments, and that the alb
sorbing desire of every man in them, rev OF
the Neapolitan corps excepted, Is TO pursue the
detested foreigners out of the Quadrtlatera
The Warsaw Conference We know, resulted In
no programme for immediate action, but the
covereirns who met there expressed a mutual
willingness to render each other assistance
by the occupation of stratagicsl posi-
tons In territories not belonging to
the occupying sovereign, in the event
Of French war and general insurrecdon o.
their subject races. And it ia probable that the
allies Of Austria have consent ted to hold her
great fortresses for her If barassed by q con
junction OF the French and revolutionary troops.
In this coming war between Austria and
Italy II is hard 20 say whether France or the
Northern Powers will remain neutral or MOI;
but the policy of Austria In dealing with Italy
and hungary at the outset Of hosrlitiss would
have great effect in determioina them in their
of q Il nt. hat Vtal,
ed by Hung ,ry, could do nothing in such
war; ana the question therefore arises: what
does Hungsry want to fight for and Is she jus-
tieed ia her demands? The Austrian charter
failed in oonciiating the Hung srian people, or
in removing in the least that settled conviction
that they feel of the insiucerisy OF ths House
Of Haeshurg. But perhaps they Judge Franci.
Joseph hardly; they want Hungary to be what
1t was previous TO ls48 TO have its old constitu
tion and it's old bound aries restored, and they
are disappointed with anything short of tbas
result and attribu,s whatever concessions they
have received to tbs f.u Of an alliance Of
Hungary with Italy. Their legion acting under
Garibaoi, and the identity of interests between
the two countries, nave strengthened the link
whi n connects them with Italy although their
regard for the I,alians Is email. They like
Italy because they consider their political
cause iDsnparable from hers and that It is their
interest as foes of Au-tria TO ally themselves
feeling which they share agaicst the one Po ver
will draw them closer in The bond Of friend.
sbip and the Hung tri.ns will take good care
TO profit by their friendship ~ieh Italy TO OBJ
tain new concessions. In return they win feel
bound by the ties Of honor and interest
to lend q helping hand when needed 70 the
Italians, and II they use the new kingdom
TO assist them In regaining the old consti-
tuition, the latter can hardly be accepted
without measures being adopted towards
securing the c-ssion II Venetia. 1t IL possible
that the imminent danger which would threat
On the Austrian empire from such an alliance
might indnce her 10 decline the combat aud
comply with the Hungarian demands, even,
eventually, to The extert Of cedine venetia II
che consents 10 6gbt, IN. struggle win be des-
perate and her risk ~ obstruction very great.
It will therefore be we'll. Ia order 10 avert such
q catastrophe. for the Cabinet Of Vienna on
Che first meeting Of ths Hungarian Diet, 20 de-
eide upon some equitable and deduiss course
of procedure by which toe cls'ms Of Hungary
should be conceded ~ the fsrth~s. extent com
ps'ible with tke security Of the -mpire. Then
Huneery might formally press tor the cassinn
of V.netia doing good turn tor Italy
whore frieDds nip a--istsd her In obtaining all
that aha ygantru from An .tria The impariaI
government would haze no Alternative bit 10
comply. II, however, HUNGARY ia the event Of
Austria making tn required concessions N the
frtt instance 70 pt-'-r.nea ~ "A gar still gees
on to purue ior Der a1vsbtag-- ~ vutung DER
to the sword. then she will incur tn- revroach
o. Eur pc, snn 90 herself moce ,r'n toln good,
besides throwing the entire Continent into con-
fusion.
The CONSERVATIVE voICE oF TUE SouTH
pobTANr LETrERs FROM PROMINENT PUsLIc