The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1866-07-02
LATEST BY THE MAILS.
Congressional.


WASHINGTON, June 27.-The District Negro Sut-
frage Bill was up in the Senate to-day, and was
debated at length. It will come up again to.mor-
body will vote for it. The President would un.
doubtedly veto it if it should pass both Houses
40 there is not much probability Of its enactment
this session.
The next amendment was to insert proyiso
authorizing all gas companies whose price for gas
is fixed by law to add on the tax. The yeas and
nays were called for and refused. and the vnts ~S
was taken by tellers, resulting in yeaI 58 to pays
53, so the amendment was conourred in. J -
The remaining Congressional news is uuim-
portant, and has been anticipated by telegraph.
Foreign. rrI
THE ALLIANCE BETWEEN PRUSSIA AND ITALY
tFTom the Journal Des Debatsl
Those who reproach Italy for her alliance with
Prussia seem to us not to understand the inn.
Italy, but also TO France, and to that Europesu N
equilibrium to which everybody appeals. This al
lance is nothing less than the rupture OF che
us as scareorow. The ever ready coalition Of
Germany has existed ever since 1916, and it has
naturally and spontaneously asserted iteelfn every
for the exclusion Of Austria from the Germsnic
Confederation, had always maintained hitherto
the principle that the Austrian possessions in
tee OF Germany. In 1848, when it might have
been thought that the German revolution would
join hands with the italian revolution, we saw, on
the contrary, the German Democrats side with
Austria against Italy. Every one knows and the
emperor declared, in one OF his messages to the
Chambers. that the reason why the war Of 1859
was suddenly brought to o close before Italy was
free from the Alps to the Adriatic was that Ger
many threatened to move, and that Prussia her
self was coming to the assistance Of her contede
rate And when in 1852 Prussia recognized the
Kingdom OF Italy, did she not stipulate as con.
dition that Venetia should form part of the Con-
federationP Scarcely four years ago Prussia
Hn hf1a oraH that ntaN NeTo~ P1o1
obtaining Venice, Italy is to let such an occasion
escape her. And now that the German coalition
is dssoving OF ITSELF France is to re-establsh and
support it. 1t is thorough incongruity.
SUSPICIOUS MOVEMENTS IN RUSSIA
Berlin tJune 1s) Correspondence Of the London Tme,
Strange news reaches us from Cracow. The
Russian force which has been. long conoen tr sted
in Southern Poland, and is now slowly advancing
in the direction &c Of the slesan frontier will, it s
ton as to eventually be at the disposal OF the
Kaiser. This may be mere report, the ephe.
neral offspring Of anxiety and credulity; util as
are on the point OF being realized, it is not per.
haps ill-advised in o correspondent to repeat the
improbable, No doubt Russia has Of late been
Cabinet; but if the Emperor Alexander could re.
solve 30 far to undergo the almost filial respect
he ever , evinoed forf the person Of his reverend
It would be unintelligibie why he does not 70
little further, aad veto the war altogether.
FINANCIAL POSITION OF THE BEILIaERENr powpns
a French fnanoier and politoal economist has
examined the financial position o2 the three Pow.
ers apout 10 engage in war, and setting aside the
advantage which each may derive from the gal
lantry OF its army and the skill OF ts eenerals be
| seeks out the one who shall be best served by ts
| material resources. He begins with Prussia.
| whose finances, previous to Count Bismark's adj.
| ministration, were in excellent order. Her fund
| ed debt was only about f4O, ,000 600, and her an.
nual expenditure f24, ,000, ,000--only the third OF
| that OF France. Count Bismark, however called
100000 mon to arms, and all the savings Of for
mer Ministers have been expended. Confidence,
moreover, is destroyed, so that Prussian paper
money is at discount, and the Prussisn bank
has found it necessary to raise its discount to o.
per cent. ~
Turning to Austria, he says the financial picture
| is very dark. Austria has not ceased to increase
the deficiency in her budget during the last egh.
! teen years, and to contract loan upon loan. OOn.
sequentlv, her debt is increasing, and her credit
Is diminishing in an equal proportion. The Aus.
trian debt is estimated at f240 900 900. The Aus
j trian Minister OF Finance has increased all the
taxes, 80 as to arrive at q revenue OF f40 000 The
interest on the debt absorbs 80 much Of the rove.
nue., that It will be impossible to maintain the pre-.
sent standing army with the balance. Her bank
ruPtoy is becoming imminent, but the loss will fall
| chiefly on frankfort, Amsterdam, Antwerp and
Brussels, from which Austria receives her supplies
| OF money.
Leaving the Government of Francis Joseph, he
| arrives at that OF Victor Emanuel. The italian
debt in 1850 aftor the annexation OF Tuscany and
the Marches, amounted TO f1OO, ,O00, ,OOO.i Il has
ted at 81 In May, 1851; at present it Ia quoted At
81. The Italian Government has been oonstsntly
increasing it's army since 1860 without engaging
In war. It has, moreover, COntrsoted anoa oa,