The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-04-26
EVENING Observation-Disclosures THURsDAY April &c. 1866


lots offered for sale at the ruling figures, espe.
cialy of the six per cent. gold bonds, satisfied
that they ere relatively much the cheapest OF
all our national securities. This disposition is
fostered bv the unprecedented ease in the money
market, present and prospective, which renders
il exceedingly difficult to find even temporary
wellprotected employment for the rapid accu-
mutation OF means at This, as well "a other busi
ness centres, at more than three or four per
cent. per annum. IL derives its main support
however, tTom the vigorous public confidence
In the complete solvenoy OF the Government, as
the result oil the rapidly increasing revenues
and diminishing expenditures of the National
Treasury9so admirably illustrative of the pros.
peri'y Of the country, and the wisdom and
patriotism Of the people. To the noble con
servatiYe policy oil the present head of the
TreasufE Department the progressive increase
of this confidence is likewise largely due, 70 RI;
The Mexican Question-President john
sons Settlement with France, and His
Ultimatum.
From the Herald.
A grateful sense of satisfaction will be inn
parted to all sections and classes of the Ameri-
can people IN the Mexican correspondence
which we published on Tuesday. After many
months of letter-writing between the two Gov
ernments, in which every device of diplomacy
is exhausted by Louis Napoleon, he gives way
W OuI luuGAluLS lOquloibAOh vi
in Mexican affairs, and gracefully retires. We
perceive, too, from the calm and deliberate
manner in which this great victory of American
diplomacy has been achieved, that President
johnson from the first clearly foresaW that the
game was entirely in his hands, and that there
was no occasion for any hurry in It's solution or
any excitement or apprehension.
Louis Napoleon gracefully retlres from his
Mexican adventure, which, with the collapse o t
ihn late q nthprn (lOntnderaCV. became tn him
q fading castle in the clouds; but what is the
position in which he has placed the deluded
house OF Austria! 1t is position at once ludi-
crous and Illuminating. prince OF the house
OF Austria, under the protection of Napoleon,
and with the escort of French army of ifty
th ousand men, is set up In ''the halls of the
Montezumas" as the Emperor OF Mexico. An
election is held under French bayonets, from
which Macmillan is proclaimed Emperor by
the will of the Mexican people. He is thus re-
cCgnized by France as an Independent sovereign,
though still the ward of Napoleon. But Napo-
leon, from the remonstrances OF our Government,
Is constrained to withdraw his bayonets and
leave his Austrian prOtege to the will of the
Mexican people. Maximilian then pleads the
necessity of European troops. 'Frue," says
Napoleon. ''They, however, will be supplied
you by our brother, the Emperor Francis
Joseph 1t is understood, accordingly, that
Austria is to fill up the deficiencies resulting
from the recall of the soldiers OF France, and
that ten thousand Austrians as the first install
ment, are awaiting at Trieste transportation for
Vera Cruz. ..
Now, considering the present complications
between Austria and Prussia, with Napoleon as
the prompter of Bismark behinu the scenes, the
stupidity OF the Hapsburgs in this Mexican ar
rangement taxes our credulity. All the facts
and all the indications connected with the pre-
sent situation OF European affairs point to a set
tlement with Austria, by Napoleon the Third,
OF all the outstanding balances against her from
the time of her decisive alliance against Napo-
leon the First. They involve the sacrifice, first,
OF Josephine, and next of Maria Louisa, who
was given to and accepted by Napoleon as a GER
tain bond OF peace between Austria and France.
The perfdy of Austria, In joining the Holy ALI
ance which carried the first Napoleon 10 81.
Helena, remains as an outstanding balance to
be settled by Napoleon the Third, and that he
meditates a settlement which will cut down
| Austria to a second or third rate power, is now
| apparent upon the surface OF European politics.
IL this posture OF Eul opean affairs, Austria it
appears, Is preparing to supply the places OF the
| French troops to be withdrawn from Mexico,
| and by an Arrangement, too, with Napoleon.
| What, then will be the course OF Francis Joseph
| when informed from Mr.. Seward, through our
| Minister at Vienna, as it appears he is BY this
time, that the sailing of the first detachment of
| Austrian troops for Mexico will be the signal for
the suspension of diplomatic relations between
| the United States and Austria, and that General
| Grant, If necessary, may next be called upon to
| enforce the doctrine of European non-interven-
| tion in Mexico? In this dilemma Austria will
doubtless apply for redress to Napoleon. But
/
perial brother and catspaw to follow his exam.
| pie. Maximilian must then return home, the
| laughing stock of all Europe. There will be
matter here for Misunderstanding between the
| imperial houses of Paris aud Vienna, from which
| we may expect a resumption of the work of Ma
poleon where 1t was left off IN the late Italisn
| war.
With the success of JEFF Davis we should have
| had, no doubt, under Napoleon, a reconstruc'
ton OF the map of North America with the
downfall of Davis and the Mexican offshoot Of
his Southern coniederacy, we may look for a
reconstruction of the map of Europe, and that
| Austria, the stalking horse of Napoleon in one
| hemisphere, will become his victim in the other.
| In any event. the diplomatic solution of this
Mexican problem at Washington is an achieve
ment which will place this country in its proper
! position as a leading and positive power among
the great nations of the earth, and as the arbiteI
| OF the affairs of this continent
Kaiser Joseph's Difficulties.
| From the Daily NeIcs.