The New York herald., 1867-04-08

the OF esch Of these vessels that all the pas.
sengsr room engaged In advance The same flourish.
your city, the steamer Ottawa which leave ON tho
2d instant having her passenger list aud cargo quite
complete and being compelled to refuse great number
regular mania has existed for several years to invest
money in city lots and buildings and whoever had a
faw thousand dollars 20 his name employed II speca.
asoa OF this nature. either buying and selling vacant
oss which consequently rose rapidly in value
ing with view Of drawing high from them
pling ory upon story and paying little regard the
comfort Of dwellings o. the soldity Of material By
cssd party buying ihe square rod a ten dollars and
selling econ after ae hundred, accepting security
for the % per cent profit mortgage, which had 70
range behind other mortgages contracted at high dis
count BY tue purchaser In order TO funds for build.
ing Such heavy sacrifices caused from step to step by
the profits wore on saca scale that one was reminded
Of the California diggngs Many Of the operators grow
% IN ali directions sns Is Sr .ss
savings OF the widow and orphan spent 70 erect
houses not like In good old times to live but specu
late WITH and II mortgages fell due money to provide
for them could easily be found But "a change ~
como over the spirit Of the dream shortly before nd
the tight moaey market which usnered in the year 1893
would have The effect or suddenly dmlnishing the
lan IN mog.ges but when at tho prospect Of vsr the
began 70 Drop many houses to be without tenants and
the interest on the liabilities remained unpaid the ars
nciay inflated bubble burst and drew the spectators and
their innocent victims into its ruinous vortex
The depression suffered by real estate since the war IL
OHoreu
at discount OF from ten TO twenty per cent and capital
mas WITHDRAWN almost entirely from this once favorite
Investment me majority Of property holders having
naturally In very precarous position and innumerabie
attachment suits threaten them with complete ruin
forced sales such even the mortgages could
not DO paid to say nothing Of any surplus accrung to
the former possessor The position things become
so alarming that both the government and the City
Council feel the necessity OF remedy, without, how
ever being able to nd the true course OF srengthenng
n
all over the INTERIOR whore similar unsound operations
have been carried in the transfer Of farms and large
owners in this city, with the object OF forming general
and mutual mortgage insurance bank issuing mortgage
such OF the distressed propretors Members while
others look to the as the only source whence
eectual ad could be derived by its guaranty Of in
sttuton similar to that aimed at by private efforts.
Court News-Distinguished visitors-New Ap.
pointment-Soir ees---HanOvcrinn ONO
NIiiitary Convention with Hess--Loan OF
Needle Guns to Baden--.PhOt Ographic Ta-
bleau---Tne Paris Exhibition. Beer Stats.
ttcs---The German Book Trade, &c.
BERLIN, March 10. 1857.
In Court circles nothing Ia spoken of except the sp
preaching birthday ete OF tho King on which occasion
number OF distinguished pcrsonage such as tho Grand
Dukes OF Baden, weImar and Meckienburg with their
consorts, Prince Of Hohenxoern the dukes Of Moin
ingen and Brunswick are expected as guests Among
9tdnu equestrian
performance, arranged BY the princes and the high aris
tocracy b to take place the hall Of tho Tatsrsai
whore the magnificent horses and apparel and the noble
male and female riders who daily rehearsug their
evoutions form such attractions that scvr repeutions
have been resolved upon for bensveisn purposes when
fee Of sdmfttance varying from I'VE TO thsiers
gold will procure entrance 70 those only who previously
subscribe heir names upon the lists OF the committee
To . musical soires given this week at the Royal
palace Invitations hsd been extended 10 Prince nd
jerry and Prnoa Nsavrocordato who both appeared in
Oriental spiendoE Tue evening parties routs com,
menced first at the mansion Of General Room, have bssn
foas>>Gpp this week by similar ones at Count Bis.
marck } hid N. de Savigny'a
The ieen Dowagsr 4 gone TO the Court Of Dresden
where she will remain until the zist inst, TO condols
with her brother the King Of saxony the death Of
his youngest daughter the Princess sophie or Bavaria,
on account Of which the Prussian court has put ON
mourning for . fortnight
Among the distinguished visitors expected here for
the wedding Of Princess Mary Of Hohenzolern with the
Count Of Flanders 10 the King Of the Bslgsns, the
bridegroom's elder brother for whom apartments are
being asssd mp as the roya CASTLE marriage project
between Prince Charles II Roumania and The Prncsa
Margaret OF Savoy daughter Of the Duohsss Of Savoy
and grandohilA Of King John OF sAxony, h spoken of
though this news needs condrmatos being stated In
sister Of the Duke Of Lssohtsnbsrg.
Baron Won Los, Pusaian Military Agent attached to
The Embassy In Paris has been recalled and appointed
the command Of regiment OF hussar at tho city OF
Bonn. His Major von der Burg Of the stat
OF the Second army corps who will mot depart for his
poss until after the Kings birthday The Prince
Royal returned from Setsin, having presided there
review Of tho troops and the consecration Of coc
that have bssn presented 70 several Regiments engaged
ia the last war.
The list Of Hsnoverian officers who have entered tho
Prussian army b published oncaly and contains the
names Of mot less than four hundred and twcnty i've
Of whom thiry-ons have been attached the garrison
Of this city Many Of them belonging 70 the nrst ars.
tocrac families OF the country. they win be most
welcome addition 70 the Psussan army the nobility OF
the old provinces being unable 70 furnish sufficient
number Of officers for the increased military establish
mens and being Of course quite out Of the question
TO admit persons who have not the magical prefix Of
"von" TO their names though In every other respect
education, breeding and talent, they may be infnitey
superior the hidalgos Of Pomeania the Mark BY
way Of curiosity may mention that recently two
want maids tried by the police court In the city OF
Hanover for tho awful crime Of Initiating cackoo
within the hearing OF Prussian soldiers and that tho
verdict, admitting extenuating circumstances mulced
ono with eight and the othef with four thales nne,
which, reckoning tno wages Oa tneso neip0 ~ twenty
four shsss per annum for this about tho average Of
female servants wages in Germany, s certainly very
severe penalty. That the male portion Of the popua-
ton OF Hanover not less opposed Pusian rule
than the fair sex evidsnt from the ct that many or
the recruits for the Prussap eny, enlisted in the ex-
kingdom Of the Guepas nave refused 70 take the oath
Of fidelity 70 they 6sw sovereign, and the military au-
thorties arc d their Wits end what 70 do with the
cusans yno cannot be imprisoned without losing their
services while s clearly impossible 70 put them into
the army without the that thsy viii be fith.
ful 70 their colora rrxrr E--ss-~r;
J rhs sovsmmssss 8; south Germany sss GRADUALLY I a.:
rroxImine hsr Military organizations 70 that Or Prus.
sia, 70 that n tho tme should como whom thoy are
allowed compelled 10 enter The North German Confsd
oacy they viii bs able at 10 Join the Federal army
terms Of equality The Grand Duke OF Hesse DARN
sadt whsss territory is situated partly north and partly
south Of the hain has already concluded convention
hv whs h. ria thn mil