The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-03-09


ton. His speech is an evasion Of the point at
issue He might as we'll say, in favor of
man who fires cannon loaded with grape shot
vaguely into crowd, that he did not intend to
hurt anybody in particular. The suspense in
which the country is held, between peace and
war and between hope and fear, is as para
lying 10 business and as destructive to every
interest OF the country as if civil war actually
existed ard the worst apprehensions were fully
realized. Let il be war, or let it be peace.
Speech OF Victor = nA..nucI at the Opening
of the Naliaa Parliament.
There is to be no campaign against Austria
this spring. Such, we take IT, is the construc-
ton to be placed on the speech of Victor
Emanuel to the Italian Chambers "My voice.
he says, "was once raised with boldLess, but 1t
is as wise to wait at the right time as it is to
d.le at the right time" This means--if it
means anything that Count Cavour's policy
has triumphed over the precipitation of the OPP
position who have been earnest in urging on
early commencement Of hostilit'es.
The fact that Garibaldi is still at Caprera
and is giving no sign of activity is another evil
dence that the ex Dictator and the Turin Cabi
net are in accordance as to the course to be
pursued on the Venetian question. The neoes-
! sity of affording Italy breathing time before
| she enters a fresh struggle-the magnitude
| and duration of which no one can fcresee-has
| been apparent to every one but those by whom
| the Liberator has, until within the last
| three months, been surrounded. Carried
away by their persuasions and dazzled by
the brilliant success that had attended his
| expeditions against Sicily and Naples, he
pledged himself to make an effort for the reco-
very of Venice early this year. From the dar-
| ing and chivalrous character Of the man no one
| doubted that this promise would be fulfilled
The world has accordingly been anxiously
awaiting some indication of the plan which he
was said to have determined upon-such, for in
stance, as would have been afforded by his de-
! parture for Dalmatia, where an insure ctionary
movement has been organized, the outbreak
Of which only awaiting his arrival
It will relieve the minds Of the we'll wishers
of Italy to find that Garibaldi is 10. likely to
compromise the advantages gained 70 his c9un-
try by his efforts by any rash and Ill consider
ed act. Although he is known not to entertain
much respect for diplomatsts, he is by this
time convinced that the policy recommended by
Cur. Cavour in reference to Venice is the only
safe one to pursue To attempt its recovery at
present would be 10 endanger all that has been
gained to Italy and risk a rupture with France
| By deferring it for another twelve months the
delay will cause greater exhaustion to
Austria than the most costly campaign.
1t VII oblige her to maintain her enormous
defensive arrangements in the Quadrilateral
and on the Adriatic coast without giving her
chance of indemnifying herself by reprisals;
and at the same time it will give the disaffec-
tioI which prevails in her Transylvanian de-
Tendencies an opportunity of maturing its
preparations for Simultaneous movement
against her.
But there is another and a still more con.
vincing reason why Italy should not make this
attempt just now. She is not prepared for 1t,
either in q financial or a military sense The
difficulty which she has had in accommodating
the necessary material for the capture OF Gaeta
must have proved to her that the task of taking
Venice requires greater resources than she can
at present command. She has to apply herself,
first, to the work Of internal organization, and
endeavor to inspire confidence amongst Eu-
ropean capitalists, before she can raise the im-
mcnse sums required for such war as that In
which she proposes to engage. From the course
adopted by France in Withdrawing her represen-
ttive from Turin II is probable that she will not
be sustained by that Power. Nor, indeed, is it
desirable that che should. Italy would not be
again disposed to pay such price for her aid
as that of the cession of Savoy and Nice; and
without some such induce-nent to influence
him, Louis Napoleon is not the man to make
any fresh efforts In her behalf. The conspiracy
which has just been detected IN Naples, In
favor Of Prince Murat, is an indication of the
direction In which he might be inclined to look
for compensation for his assistance.
The declaration of Victor Emanuel, then, of
the intention of Italy to abide her opportunity,
will give great satisfaction to her friends both
here and elsewhere. The proof Of the wisdom
Of this determination is to be found in the fact
that the secret agents Of Austria Are doing all
they can to precipitate the movement by urg
ing upon those who are supposed to have any
influence with Garibaldi the folly Of further
delay. Happily the Liberator has been guided
by the sober second thought which in such
cases frequently saves great enterprises from
shipwrecks.
The postponcment Of the campaign against
Venice has this further advantage, that il pro-
vents the Roman question from being compli-
Gated with it, 1t is desirable that some settle
ment should be effected with the Pope, and
that the French troops shall be Withdrawn from
Italy before the energies Of the government re-
quire to be concentrated on war Of so for
midablo character as this must lead to. HIS
Holiness Is said to have partially succeeded in
freeing himself from tn influences by which
lie has hitherto been surrounded aud Is dis