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

LATEST BY THE NAILS. =.
Congressional. 55,54s,
NEGRO SUFFRAGE IN THE SENATE.
WAsH1NoroN, June 81. The District Negro Suf-
frage Bill was up in the Senate to-day, end was
debated at length. It will come up again to;mor,
body win vote for it. The President would un-
donbfedly veto it if it should pass both Houses;
40 there is not much probability Of its ehsotnent
thia session. .==.s.=.,..se=,,
The next amendment was to insert proYlso
authorizing all gas companies whose price for gas
is fixed by law to, add on the tax. The yeas and
'r,ays were called for and refused, and the vote
was taken by tellers, resulting in yeas 5, to nays
50, so the amendment was ooncurred IN. ~
The remaining Congressional news is unirn-
portant, and has been anticipated by telegraph.
Foreign.
THE ALLIANCE BETWEEN PRUSSIA AND ITALY.
[Ftom the Journal Des Dsbassl NJ
Those who reproach Italy for her alliance with
Prussia seem to us not to understand the lp-
aNlf bhRa e swkio6 everybody appeals THIS al.
lance Is nothing less than the rupture OF the
German unity--of that unity which was held up to
us as q scareorow. The ever ready coalition OF
Germany has existed ever since 1916, end it has
naturally and asserted itselfn every
great European oriais. Prussia, which now asks
Tor the exclusion Of Austria from the Germanic
Confederation, had always maintained hitherto
Che principle that the Austrian possessions in
Italy were kGerman territory, under the guaran-
tee Of Germany. In 1848, when 1t might have
been thought that the German revolution would
join hands with the italian revolution, we saw, on
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 close before Italy was
free from the Alps to the Adriatio was that Ger
many threatened to. move, and that Prussia her
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-
federation? ). Scarcely, four years agQ Prussia
spoke thus, and now that she offers to aid italy in
obtaining VenDe, Italy is to let suoh an occasion
esoape her. And now that the German coalition
ia dissolving Of ITSELF Franco is to reestablish and
support it. It is thorough incongruity. ai
SUSPICIOUS MOVEMENTS IN RUSSIA.
Berlin tJtne 13) Correspondents Of tie London fimes
Strange news reaches us from Oracow. The
Russian force which has been long concentrated
in Southern Poland, and is now slowly advancing
in the direction of the Silesian frontier, will 1t ls
surmised in Austrian Poland, take up such posi-
ton as to eventually be at the disposal Of the
neral offspring Of anxiety and oredulty; still, as
so many other things thought to be impossible
are on the point OF being realized, it is not per.
haps ill-advised In correspondent to repeat the
improbable No doubt Russia has Of late been
more favorable to the Vienna than the Berlin
Cabinet; but if the Emperor Alexander could re-
solve so far to undergo the almost flial respect
he ever evinced forl the person Of his reverend
uncle William I. as to fight him in the open field,
It would be unnteligible why he does not go 3
little further, and veto the war altogether.
FINANCIAL POSITION OF THE BE1L1aERENr POWERS.
examined the financial position of the three Pow
ers about to engage in war, and setting aside the
advantage which each may derive from the gal
antry Of its army and the skill Of it's generals he
seeks out the one who shall be best served by its
material resources. he begins with Prussia,
ministration, were in excellent order. Her fund
ed debt was only about G4O, 600, 900, and her an
nual expenditure 824, 600, ,000-only the third of
that of Franz. Count Bismark, however. called
100000 men to arms, and all the savings Of for
mer Ministers have been expended. Confidence,
moreover, is destroyed, 80 that Prussian paper
money is at a discount, and the Pruseian bank
has found it necessary to raise its discount to 81
per cent.
Turning to Austria, he says the financial picture
the deficiency in her budget during the last eigh-
teen years, and to contract loan upon loan. Con-
sequentiY, her debt is increasing, and her credit
is diminishing in an equal proportion. The Aus
TRAN deDt Is estimated at f240, 100000. The Aus
TRAN Munster OF Finance has increased all the
taxes SO as to arrive at revenue Of f4O 900. The
interest on the debt absorbs so much of the reye.
nue., that it will be impossible to maintain the pre-
sent standing army with the balance. Her bank
ruptcy is becoming imminent but the loss will fall
chiefly on Frankfort, Amsterdam, Antwerp and
Brussels from which Austria receives her supplies
of money. -No1 'ofpiAso
Leaving the Government of Francis joseph. he
arrives at that OF Victor Emanuel. The Italian
debt in 1850, after the annexation of Tuscany and
the Marches, amounted to s10o0oooOO. Il has has
been since doubled The italian Rentes was quo
ted at "a in May, 1861; at present it is quoted at
81. The Italian Government has been constantly
increasing it's army since 1860 without engaging
in war. 1t has, moreover, contracted engage,