The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-12-25
our Bertha Correspondsnce.

Wachxset and Florida Affair ~ tie Prussioa Official
Prea-Rene,oot Of The Austro- Prmssian AIiance-TAs
InsMrrectton in Hiuli-7As Corps DiplOmatique, dc.
Tho Bourse has rather disappointed in its ancl
patons OF the effect that would DO produced by the
election OF President Lincoln. Instead Of rise In Amei
securities has been followed BY decline, OF
great consequence indeed but sufficient to ruinous
losses TO persons had speculated Ia hdnse.
The violent language OF the Prusslan se- official press
in reference to the wachuset affair excl,es general
ment. To read the North German Ca'etse and the Krens
Zeit.np you would imagine that Prussia about 10
send half dozen of-war to avenge this gross in
rrngement OF neutral rights" by bockading the Ameri
and Smelling New York. Such tone is rdicu-
lous enough in the organs OF Power whose whole feet
could be blown the by single American
clad only DO for by their
OF republican nsttutions for whatever interest England
and France may have In favoring the Southern con-
fdeAcy obsrucna the reconstruction Of the Union
is certain that Prussia have grounds for enmity
to America and ought desire nothing fervently
than for the United States reassume position which
enabled her 70 form eGectual counterpoise tho
maritime prepouderance Of the two great western
archics The liberal press OF Germany quite aware OF
this fact expresses itself that presents
marked 10 the rawlings OF the government jour
mails.
The debstes the Italian Chamber and especially the
secret intentions LOUIS Napoleon respect venets
have made deep impression upon tbe Austrian govern
mont and have been skufaIly tsken advantage OF BY
Prussia 10 cement the alliance which danger OF
being broken up BY the retirement Of Count Resbsee
the object d Mensdorn 10 the policy
Of bis predecessor and 70 replace The Connection with
Prussia by good understanding with France he have
convinced himself that this impossible without con.
sentlng sacrifices which viii never be sxsosd
from Austria except at the point OF the bayouet The
hesitation OF the Cabinet or Vienna tn second the pro-
Prussia the Withdrawal OF the federal troops
from HcsteiD therefore giving wsy 70 the pressure Of
q ion TO eject will be brought in jointly at the
Diet by the representatives OF the two Powers Whether
the minor states viii yield without struggle ", never
tbeess extremely doubui though peponderancs OF
material force 10 decidedly against them they WILL N
uuited stilI command a majority tho Diet aod their
rej,ctloo OF tne Joint melton Prussia would
the latter alternative Tor attaining their purpose
stated would be- tsn,smount 70 the dissolution of tbe
whole Germanic Confederation. The saxon Premier,
Baron Bcorst, who species o. m,oi.,oI ,s
attitude, and, IL no has his way wiz 90 any lengths
TO invoking the assistance Of the great European
Powers the treaty OF Vienna rather than
submit what be considers the unustdabe dctston OF
hrs federal colleagues. Persons well acquainted With the
traditional policy OF Austria suspect that not1hstsnd
Ing support Of the prussan proposal
given the minor states TO understand that she only does
Appearances aud that " they hold out she will
take caro- that tue AFFAIR remains within the circle OF
diplomatic seton. and not cut short ~ coup deoi
on tho part u her ally.
The disturbances in venetia have undoubtedly con.
tributea TO make Austria more anxious 10 remain
good terms with the Prussian governmso, rom whom,
10 spite Of reported dsappo nmens, she still hopes
obtain ome kind OF guarantee OF Der Italian possessions
The Vienna journals affect 70 represent the osuscon
az trinpg-n fact, already put down but the procs
nation OF martalIaw IN two provinces, Frul and tn.
riso moment when u s OF the highest importance
TO avoid every thing that direct public Affection 10
the tenure OF AUSTRIAN dominion 10 Italy proof that
the u the country sulccnty dangerous 70 call
Tor the siernest OF repression without regard
10 political considerations. II 10 evident too that the
movement has spread the Italian districts Of Tyrol
region einenty adapted TO guerilla warfare, Astounding
In nouuta In passes where q handful OF brave may
defend themso against the most ovepowerng odds
and where f favored by the population, they may lind
places OF retreat from which hardly any military force
viii ha ali 70 dslodge them, Indeed there reason 10