New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-08-30
PEACE IN EUROPE,

NNNNANNN~SH
be held in a century.
PEACE IN EUROPE.
Gau@e~ - Adt
The war-clouds which recently darkened
over central Europe and burst in a storm of
fury over the plains and through the valleys
Of Germany have been dissipated and peace
once more smiles over the whole of Europe.
Though the war has been brief it was waged
with unusual vigor, and it has brought about
results Of the greatest moment 1t has made
another serious breach in the settlement of
boundaries as pronounced in the treaty OF
vienna--that treaty which the emperor of the
French recently pronounced so deteshble.
What, twas supposed, was permanently set
tied by the allied powers in 1915, has been
again broken up in 1866, by one of the same
powers which was part of that alliance. The
edict which went forth from Vienna, parcell-
ing out to crowned heads whole peoples and
territories, as the just heritage of those who
ruled BY. the asserted law of divine right, has
been annulled by one of its most prominent
advocates; and the country from whose CAPT
tai the mandate went forth has been thrust
from the position she so coveted, Austria nc
longer constitutes part of that Germany to
which she owed her imperial crown and
Germany as organized at Vienna no Longer
appears on the map of Europe. New combi-
nations have resulted. Austria, elected from
Italy and Germany, is thrown back upon the
remaining portion of her still extensive en-
1,pt+ ,s1 u1,o
can, the conflicting interests of provinces
which have few views in common. She can
no longer use Italy as recruiting field for
troops to repress the chronic diseontents OF
Hungary, and her voice can no longer be
raised in the federal Diet, from which she has
been excluded, appealing for the aidand coun-
tenanee of Germany in her measures Of re-
preston.
The divided Italy of 1915 is now united
kingdom and with the exception of the linn
tied regions Of the States Of the Church, the
scepter of Victor Emmanuel is obeyed from
the northern boundary Of Yenetia and the
Adriatic, to Genoa and the great islands of
the Alps to the Grecian sea-
The Germanic confederation as known
on existing maps has ceased to ex-
list. New combinations have replaced the
former political association of the numerous
little kingdoms grand duchies and princi-
palities in the former weak confederation.
Prussia has fallen heir, by the proyess of her
arms, to large part Of this territory, and the
just citation which she feels at her recent ag-
grandisement has encouraged her to give a
peremptory refusal to the demand of the
French Emperor for portion Of her trans
Rhenish provinces, The idea of Germanic
unity seems now concentrating around Prus-
STA as the nucleus, in the same way that the
idea of italian unity was connected with the
growth of Sardinia, until the successive ac-
cretions Of Lombardy, Naples and Yenetia
have resulted in q single great italian power
The growing ambition of Prussia Will hardly
be satisfied until her eagles shall oYerShadow
central Europe and all the subordinate Ger
man powers shall seek shelter under. their
wings.
The formidable attitude which she has as
sumed has already attracted the notice of the
Russian Bear, and a growl Of dissatisfaction
and disappointment has already been heard
from the capital of the car. 1t has been
pleasant for him to think that the opportunity.
might occur of summing his paws in the
more equable regions Of Germany, as well as
melting the snow from his head under the
influences of the delightful climate of Istam-
boul. The growth Of a great and vigorous
young powerin central Europe, around which
all the Germanic elements will cluster for
protection, and whose efforts to drive back
the great Northern Bear to his own cold fast
nesses would be sustained by the legions of
France, may well occasion dissatisfaction at
the Court Of st. Petersburg. This seems to
us the present aspect Of affairs resulting from
the peace whose ratification has just been
announced.
The immediate results to us of this general
pacifcation will be highly beneficial, The
lemand for our products, which was at first
seriously checked by the war; will no longer
De DISTRACTED; and our markets, which in
were depressed, must soon take
/ more animated tone.