The New York herald., 1866-07-08

AS stated yesterday IN desp0tcheS from WaShing
ton Paymaster Paudng has been found guilty Of tho
charges preferred against him, and sentenced to be
cashercd, to pay fine Of five thousand dollars and be
| imprisoned for the term Of one year.
Business light yesterday but prices as general
thing were well sustained both for imported goods and
domestic produce On Change flour quite active
and prime grades firm. Wheat dull and heavy
Corn 1c. higher, while oats steady Pork was
less active and lower. Beef remained steady. Lard
continued dull and heavy whiskey was quiet Freights
were very quiet. Groceries and cotton continued dull
and nominal.
The Curious Combinations and Compile
cations OF the European War.
General Cass, many years ago, in debating
in the United States Senate the Oregon ques-
tion of "Fifty-four forty or fight" attributed
the 'Thirty Years War" Of Germany to reli-
gious quarrel between two peasant women
over well-bucket and if we are not mistaken
he traced d la Dumas, all the horrors of the first
French revolution to a diamond necklace of
Queen Marie AntOinette. His object was to
show that great wars often spring from the
most trifing disputes The civil wars Of the
old Saxon Heptarchy are thus set down by
Milton as being as senseess as the squabbles of
SO many focks of rocks, kites and crows in
the air. We may add that from the time of
William the conquering flibuster to the
snuffing out of the last Pretender Of the
worthless family of the Stuarts, the civil wars
Of England were still Of the order of the Hep
tarchy. But Of all the stupid quarrals Of rival
States, houses, princes, or preAenders, or Of all
of them mixed together the most stupid and
scandalous was that Schleswig- -Hostein quarrel,
provoked by the Germans with Denmark, and
resulting in the forcible seizure of those
Duchies by Austria and Prussia. This rob-,
berry, once agreed upon, was a very easy and
simple operation but when the robbers came
to the disposition of the spoils they speedily
betrayed the baseness of their highway coali-
ton.
This little spark will some day be blown into
flame that will envelop the Continent, is a
prophecy that has been attributed to Lord Pal
merston. We think IL quite likely that he ut
tered it; for his long and intimate
experience in the tricks and intrigues and con-
ficting schemes Of kings and dynasties and
Church and State which make up the science
Of European diplomacy, enabled him to see
what was coming. His very intimate and ex-
cellent friend, Louis Napoleon, also saw that
there was European imbroglio in this schles-
wig-Holstein business, and SO he proceeded at
once to work It up, as keen police detective
proceeds to work up mysterious bank rob-
bery-the controlling ideas in each case being
precisely the samoan Increased prestige and
. handsome reward. Bismarck, Prime Minis
ter Of Prussia, was thus chosen a. the conve-
nient instrument Of Napoleon, and between
him and King Victor Emanuel the Emperor Of
the French has been remarkably successful in
fomenting European war while pleading and
preaching the blessings Of peace.
Napoleon, with Sir Lucius O'Trigger, doubt
less is satisfied that "t is q very pretty quarrel
| as IL stands" and that ut would be pity to
spoil t." It il certainly o quarrel involving
many curious combinations and complications,
political and ecclesiastical For example, the
! favorite son of Mother Church and guardian Of
the Pope, sides with Protestant Prussia and
| with those archheretics Victor Emanuel and
Garibaldi Of Italy-while Protestant England,
with her favorite princess royal welded to the
crown prince Of Prussia, still sympathizes with
Catholic Austria, as do the most important OF
the little Protestant members of the German
| confederacy. The Church, therefore, Catholic
and Protestant, Is overshadowed in this war by
questions Of State, great and small. Napoleon
fraternixes with Prussia because she promises
to be useful to him In the enlargement Of the
| boundaries Of France. and for the same reason
he is pledged to the cause Of Italy, even though
the tcmporalties Of the Pope disappear in the
| conflict England, on the other hand, though
as Protestant she may sympathize with Italy
against the Pope, still inclines TO the cause Of
| Austria with the instincts Of the old Holy
| Alliance against imperial France.
These, we say, are very curious combinations
and complications but the game will become
much more interesting as II Ia more fully de-
veloped. As II stands, Napoleon 10 master Of
the situation for, England and Russia being
neutrals, France Is competent to settle the con-
troversy against Austria in three months
campaign, II not in half dozen words from
Napoleon. But will Russia and England re-
main neutral II France shall declare against
Austria? "Theres the rub To this point
the game Of Napoleon has been beautifully
successful, but here, just here, his trouble be-
Gins. England, beyond some indications Of
sympathy with Austria, gives no sign Of a par.
tsan attitude in this conflict but Russia, on
tho other hand, in the strong column which she
has moved down uDon the Austrian frontier y