Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1866-08-11

Diet, nv Government is able 10 look will
satisfaction upon the financial positioi
of the State. Careful foresight and con
scientious economy have placed us in
position to overcome the great hnancia
difficulties which have resulted as
natural cause from the circumstances o
the present time.
Although material outlay was i'm
posed on the treasury during the recen
year by the war with Denmark, 1t ha'
been found possible to meet the expenses
hitherto incurred in the present war from
the State revenue and existing balances
without imposing any other burther
upon the country than that of furnishing
supplies for war purposes.
That il is bound TO provide by law.
hope most assuredly that the means re,
uuired for the successful termination Of
the war and payment of supplies in kind
while maintaining order and security IN
finance, will be readily granted by you.
An agreement could be made with rep
resentaiives ms TO the settlement OF the
budget, which has not been able to be
effected during the last few days.
The State outlay required during this
period is therefore destitute of that legal
basis which, | again acknowledge, the
budget can alone reach through the law,
by which means the Constitution of 80
| ordains that it is annually agreed upon
between my Government and the two
houses of Diet, although my Government
| has. nevertheless, carried on the budget
for several years without a legal basis.
This has only been done after consci-
entious examination and with correctness
i'm accordance with the Diet, that the
conduct of the Administration in the
fulflment of legal obligations toward
the public credit and the maintenance
of the army and State Establishment.
were questions vital to the existence OF
the State, and the course adopted there
fore became one of those uncomfortable
necessities which in the interest OF
country Government must not hesitate
TO adopt.
trust that the recent events will, in
so far, contribute to effect an indlspen-
sable understanding that indemnity for
our having carried on the administration
without law regulating the budget, ap-
plication for which will be made to the
Representatives, will readily be granted
to my Government, and the hitherto ex-
citing conflict be thereby finally and the
more securely brought to a conclusion,
as il may be expected that the political
position of the Fatherland will admit of
an extension of ihS frontier of the State,
the establishment of united Federal
army under the leadership of Prussia,
costs which will De borne in equal pro-
portion by all the members of the Con-
federation.
The bills required in this respect for
the convocation of popular representa-
tive Federal State will be laid before the
Diet without delay
Gentlemen, you know that our entire |
Fatherland feels the high importance of
the movement that brings me once more |
among you.
May Providence bless Prussia as gra-
ciously in the future as it has visibly |
blessed the immediate past May God
grant it. Prussia has positively directed
proposals to Russia for Congress of
the powers which signed the treaty of
Vienna.
NEW YORK, August 9.-The following
dispatches have been received by the AS
,ociated Press over the Atlantic Cable
asst evening:
VIENNA, August 6.-Itis expected that
! definite treaty of peace will soon be
Iigned between Austria and Prussia, at
Prague. Italy is not included. If the
lificulty in the armistice negotiations
With Italy is not arranged in few days
lostilities will be resumed
FLORENCE, August 6-The Italian and
Austrian officers met to-day at Comorn,
n Austria, to negotiate.
France has no part in the pending ar
nistice between Austria and Italy. If
( is arranged then separate peace con-
erence will take place with the concur
ence of France, and probably at Paris.
DRESDEN, August special peace
negotiations are about to be opened be-
ween Prussia and Saxony.
ST. PETERSBURG, August Z. Russia
declines the proposals of Prus-
ia for congress of the powers with re-
.ard to the treaty Of Vienna Renewed
'forts have been made to obtain the in
eryention of Russia with Prussia in be-
lalf of the Southern German States.
The Gar has made no arrangement yet
Great enthusiasm prevails at St Pc
ersbnrg in reference to the visit Of the
american squadron, and the ironclad
monitor MiantonUmah, with Assistant
Secretary Of the Navy Fox on board
The Russian feet has gone TO Helsing-
ors 20 meet the Miantonomah.
The Colorado, the flagship Of Admiral
}oldsborough, of the United States
quadron, from Lisbon, has arrived at
and sailed for Cherbourg.
The principal bankers Of this city have
inscribed thirty millions Of francs to
omplete the railroad from Kisloo 10
LONDON, August THE great prize
ght for the championship of England
nd g, 1000, between Jim Mace, and Joe
ross, took place to-day. Twenty rounds
Iere fought when Mace was declared
he winner