The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-09-17

campaign it not that there is no
mpelled to take If France is pacific Prussia In her
turn may be passive She is called on In her own
defence or Tor her own honor 10 violate any article o. ns
treaty OF Prague She does not wish that the States OF
the South should change their position at present she
much prefers that they should remain outside the Con-
federation OF the North, which already contains many
adverse and unreliable, and perhaps some danger
members Meanwhile the effect In the South OF the
be favorable Prussia The South Germans clearly
before them the choice of being the vassals or
Ira nyss, une ses OF rrussis m tins ofs
SITUATION uhi France has done nothing shieh she ca"
PRIDE herssH and France is thus in annr Dictated oy
peace But this Is. one may hope somewhat remote
dsnger not like the danger rather the certainty
Of war that would exist II distinct act
which France distinctly forbade her to do Thnps may
remain quiet until the general feelings Of Frenchmen
aud Germans are little altered until internal changes
take place In country the other until France can
do something In some other quarter TO make II evident
that she has resumed her proper position Still the state
OF things Is exceedingly critical and we must not allow
ourselves to be too readily cheeed by the pacific speeches
Of the Emperor
The London Spectator believes that the utmost Napo-
leon will secure from the South by his great menace
VIII be momentary pause. VIII he secure moro
from the Northy Will the hadozen men, that Is, VINO
govern Prussia think the willing absorption OF south
Germany into their empire worth a war with Franco
and Austria combnedS The Spectator thinks they WILL
for three distinct reasons One Isl that the idea OF unity
draws them just il draws the humbest German.
The second Is that honor would be involved IN the
acceptance or rejection OF such challenge, ana
continental statesmen still essentially duel
lists still ready to incur for the point Of honor dangers
they dislike and risks they disapprove Prussia would 90
shonored If when the road was open she refused 10
become German through admitted fear OF France me
of her headshp would be- and the great
fabric erected with such patience, and cemented Win
so much blood, would begin vsbly to crumble away.
And the third is that she would not be inevitably COM
PEELED to fight France and the Austrian empire together
II is possible to parayze Austria altogether by alternating
her German subjects Or 1t Is possible to offer Hungary
terms which would divide the empire IN two ana a 80
Austria through Russian With Russian army In
Gaca, Austria could do nothing except try to expel it,
and the only enemy would be the one whose challenge
Prussia for her own honor could not refuse The time
OF the conflict is Of uncertain for the South has
not made up It's mind, but the day it does Prussia
must accept her destiny aud Napoleon either accept
great warl confess himself before Paris vanquished
politician As to Engands part in the matter, twiil
no. BIO great one. Lord Stanley will try to uphold tho
treaty OF Prague by moral force but he imagnes that
En,lishmen will wage Crmean war in order that Ma
poleon may seize the Rhneand Bavaria remain out.
side Germany, he has almost for the FIRST time in his
lie misunderstood English temper EnRlishmen have
had enough and to spare OF allied wars win Napoleon
tosether
The London Examiner Of August 81 deems It great
mistake to regard the Emperor Napoleon as the sole
asbiter OF peace and war; Whatever designs he may
have, he is not the only ambitious intriguing power
Europe. The hopes Of peace depend very largely on
the moderation of Prussia and the abstinence Of Russia
Tue E17mner does not say that It Is not perfectly
right for Germans to wish to be united in one politi
cal organization; but wants to know how this end can
be accomplished By peaceful means. AS matter OF
fact German unity is less OF reality at
large portion OF the German race though within the
geographical limits Of Germany politically excluded
from the Fa,herand II there be any law guiding the
political forces Prussia must surely proceed
~ accomplish the work she has begun as the ball, let
loose upon an incline, must roll till il finds a level
But in pursuing her policy OF absorption she Will
inevitably have to encounter the united strength OF
France and Austria The psrce Of Europe therefore de-
Napo con = 49, =
rhe London Economist observes that whatever makes
richer makes them more timid, and the moro men
revOluOn aDoiiatOn the De't for a decent
which is in esson ana keeps peace In
the streets at all events But hrgh depoism Is tdrord-
he 10 property kills cred. II brings into politics an
ncalculablc element and makes It supreme free
nation assisting daily at its government often shows
its inclinations Enthusiastically, and can never out OF
diplomacy disguise them person who has lived
pretend to predict with similar accuracy the de-
csons Of single persons especially Of persons who have
keenest motive to disguise what they intend As soon
despotlsm begins foresight ceases and where FORE
sight ends all sound business ends too The whole
for years must be. confusing element In commerce and
in finance because depends secret decisions which
can be foretod by no one. aud for long time alter
they made can be known but by few; and in the
interior Of despoc country tho effect il worse than
rather looks childish TIL you understand the secret
dread which dwarfs 1t. French banker IN answer to
all comments upon his tmidty, has single reply He
says at 10 all very we'll for you to talk In England;
but we in Paris have revolutions; you were not
hero In 1913; l was" The Frenchman's theories begin
dreams OF taking into consideration. In
seq fence Paris Is not great money market and never
tribute tho savings Of France 70 the activity OF France
London distributes savings to our merchants She
pace Of 81: ~ an place o.
therefore, distinctly what II lie which they arc advo
Gates for II is system which, by concentrating all
destroys all reliance upon it, and prevents those who
trade from being able to borrow, and those who
from being able to lend.