The New York herald., 1866-08-03

pursuance OF similar course by the newspa-
pers and Board Of Health of this city would
contribute very much to trauquiliixo the public
mlno esaa Ps~--4 SPI0ss,I v ss.o..o
If it be true that nothing helps 1t so much as o
panic 1t Is evident that the excitsment which
both are endeavoring to keep up and intensity
will be productive Of the very worst conse-
quences-
The Revolution In Europe-Rapid Strides Of
Modern Warfare.
Far removed as we are from the scenes OF
actual strife, and incapable Of being affected
in any very sensible degree by whatever may
be the result, II is yet impossible for rs to be
unconcerned spectators Of what Is now trans
piring on the continent Of Europe. Events,
startling by their suddenness and alarming by
their magnitude, have followed each other witt
q rapidity which has been altogether bewi). der
ing. It is only few weeks Since tEais war
commenced; yet how mich has ,ceen done.
Provinces and kingdoms have been overun
and wasted. Anci, mt thrones and proud dy.
nasties have faIen. The peaceful inhabitants
OF busy towp.s and rural hamlets have expe-
rlenced I'll the horrors Of war. Blood has
oeen I,oured forth in actual torrents. Human
nv. has been sacrificed to an extent all but, If
not entirely, unparalleled in the annals Of war;
The proud and powerful empire Of Austria,
whose history carries us back by an almost un-
broken chain to the days of the Roman
CgsaTs, has been hopelessly crushed. Prussia,
rising VIII each successive effort and, as il re-
bounding from every stroke to higher posi-
ton, towers before the NATIONS as a very Co
lossus of strength. Central Europe IA isct is
revoutionized, and surrounding nations stand
aghast, expectant and uncertain as to the
probable issue OF events. II the most recent
intelligence prove to be correct, that treaty
Of peace has actually been signed, TO the
rrussian army must be accorded the signal
honor OF having accomplished the largest re-
suits in the bricfest space Of time at least Of
any army in modern times.
With the immediate objects for which this war
was undertaken, or with those who are to be
looked upon as its recognized leaders, we
have never been able largely to sympathize.
1t has not been---so far al least as the North
has been concerned, whatever may be said for
Italy-a peoples war. II was not begun in
their quarrel II has not been carried on with
view to their benefit. Reults, however, are not
always exactly proportioned to intention, and
we shall not be surprised 10 find that to all the
people concerned the highest good has been
the consequence. II is desirable, in the inter-
ests Of humanity, that Germany be brought into
more united and compact state, and that
constitution be granted her consistent with the
rights Of a great and intelligent people, and
Pypssian ambition and selfishness will be for
given aud forgotten If they contribute to that
important end. Italy seems to have right to
Venice and to Rome, although some Of her
recent movements have been characterized
neither by wisdom nor by prudence. For Aus
tria, once SO proud, now 80 lowly, il is Inn
possible not TO feel. When the princes are
fallen and the mighty are brought low, 1t is
difficult to restrain the tear Of sympathy. But
from Austria humbled her remaining pOpula-
tion are more likely to obtain those rights and
privileges for which they 80 vsinly struggled
in the days Of her naughty and imperial splen-
dor. Come what may Of thrones and dynas-
ties-come what may Of venerable names and
ancient landmarks, we must still sag, let the
people prosper.
II Is difficult to resist the conviction that all
which it was intended to do by this war will
not be done. Napoleon has not obtained for
France those much-ceycted Rhine provinces,
and after that emphatic declaration OF Russia.
France will not rashly stretch forth her hands
The Roman question, too, still remains, and
cannot fail, II left unsettled now, to prove
source Of future difficulty. France is not
likely to withdraw her troops from Rome with
out some compensation and Prussia is as little
likely TO grant that compensation by reduc-
ton OF her territory. viii Napoleon be able
TO solve those difficulties even yet II is diff
cult TO say. II those two matters are satisfac-
torily arranged, we see no hindrancc 10 The
re-cstablishmcnt Of peace And then, with
Italian ambition satisfied, with German unity
realized, and with Austria still large and pow
eriul enough TO command respect, and having
career Of growing usefulness and prosperity
open to her towards the East. Europe may find
that the balance OF power has not been se-
riously affected, and that the prospects Of fti-
ture disturbance are ai least remote.
SARATOGA RsuSG ABASDoSED.---A despatch
from Saratoga states that the race course
at that place is 10 be abandoned. and
that the annual Northern meeting OF the
Southern stables Is to take place hereafter
at some other point. II il asserted that
this charge has been occasoned BY the
fact that the hotel keepers consider that
horse racing Injuries thc character Of the place
rs a fashionable resort while, on the other
hand the proprietors Of the race grounds aver
that 1t is owing TO the want Of liberalily on the
part OF the landlords In not contributing more