The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-06-27

ply to this challenge had been better left unsad at
least unpublished, betrays q weakness and want
Of dignity which the friends Of Italy but regret
The Minister protests that he intended menace and
makes what looks very much like appeal ad miseri
cordtam After the decisive rather insulting refusal
Of the capitalists to have anything further TO do with
the matter any further appeal their consideration
cannot but lessen the national dignity
The Florence wags are curious 70 know Il Roihs.
child will be included in the batch Of bsah who
70 DO canonized At Rome slight recognition of h!s
nlal obedience to tho will Of tho Church.
Failing Rothschiid Frenzy, Fould Oppsnheim
next essayed, but with no better the i,aan
banks also withdrew from negotiation and q appeared
probable that the Minister after on the 9th Of
May that tho convention for the tax on the ecclesas
cal property was on the point Of conclusion, would
finally have to before Parliament with humat-
ing possumus.
But after much travail dolvcrsrs appeared in the per-
sons OF Erlanger Of Paris and Frankfort and Schroeder
Of London. who. through their representative julius
Beer. signed convention with the Italian government
at Turin the 3oh Of May which the Ministry presented
70 Parliament last Monday Under this convention
three firms mentioned form themselves joint stock
company, which guarantees TO the government the COL
lection Of the proposed tax Of six hundred millions
the Church property in Italy at commission OF three
per cent for the operation. In order realize this
amount as soon as possible tho government will create.
and the company viii ISSUE bonds Of ego each with In
tercst at seven pcr cont redeemabe in twenty years
rhe issuing price OF the bonds is to DO axed at
average price Of Italian rents during period OF
month prior 70 the omission OF tho bonds. to which
average forty cent will be added When the Minister
Of Finance made his appearance the House Monday
afternoon public expectation was at Its height. The
omnous rnmors that had been current for some DAYS
previously produced feverish impaencs for posi-.
tive information upoa the state OF affairs The Chamber
therefore was crowded In every part Very few depu
Wpr0 absant md fbO lariaa cal for t,a
press tho ladies' the Councillors Of Stale aud the gene
raj public were full TO Overlooking. Sgoor Ferrara first
Rothsohild and Others which listened to in silence
except al the reading OF ono despatch, in which the
Italian government declared that II did not recognize
Rothschds right Withdraw from contract which lie
had already accepted aud that nation which had al
ways honora6ly fulfilled ITS engagements could moi SUIT
Ter such breach Of faith without seeking redress
through the courts Of law This ELECTED loud manes-
,ations Of approval from both sides OF the house.
The convention, which was drawn up in French, was
read by one Of tho secretaries 10 that language This
gentleman's accent was BY means pure; sometimes,
10 fact so that the reporters could not follow
him, and many honorable members deferred their judy
ment until they we're in possession OF the printed
nave gwen summary o. this docamsn, above and
has produced on tho house aud throughout
the country generally In the first place, sx:.
the contracting bankers Il Is as II Italy. after
vany soliciting an alliance with some first Power,
ton money they deposit with the government only
one hundred thousand francs (c4 600, rdiculousy
small sum, taxing the magnitude OF the opera
ton into consideration, that II Messrs Err
LANCER cannot doat the bonds the market and fail
10 the operation Of collecting the tax the government
will have no material guarantee and viii be placed in
more desperate position than before In tho collection
OF the in fact lies the kernel OF the difficulty The
clergy have been In way consulted throughout the
NATTER and however just and necessary the liquidation
OF the ecclesiastical property may be would have been
a. least made some effort to come 20 terms
with the clergy. The clerical organs Of rur
ous and ask why arbitrary tax Of six hundred millions
ohnnld ho rar1O hp<v tfntff
also. cvon by some Of tho liberal papers, that tho
would press with unjust severity upon the lower
that proposed BY tho Langrand- Dumonoean Con-
vention. under which the priests themselves
aud paying certain quota 70 the government, u con.
sidered BY far the best mode Of resolving this much
vsxed question viii Do happy day for Italy ~hen
riders settled nrriy 10 their scat, and not uunatu
rally decline sither 70 have him curailed Of his fair
proportions or cut up pieccmea for the benefit Of
State which they regard tho Incarnation Of imp!ety
and the mortal foo or their master at Rome.
French cook paid the cartridges when no consulted
them 10 what sauce they would prefer being eaten
With STU !. was polite question and The soyernmeos
ned In procesdng 70 cxtremes II the church refused
all concession. No Italian credit Establishments take
another feature which mas produced much unfavorahe
comment the general opinion upon the ministerial
IN gran faseof cannot help concurring In this
dict confirmed as is By many deputies Who have had
Of the bureaus have already rejected without discussing
the articles the decision OF the remaining bureau will
more favorable. The Bureau consider the bin aud the
Convention together. inasmuch the latter forms
Of slenor Fsras ability when so presented his bill on
the 9th May for taxing the Church property been
radely ovsrshrown By the history Of the Convention
which he now brings forward. He is condemned for
seeking transient popularity by representing matters
in more favorable light than was jushabIc for ndis
erection In rumpetng forth 70 the world the unsuccass
full solicitations OF the government for credits n various
quarters and the humiliation they have had 10 endure
from tho French bankers
The Lefts nave exercised the utmost moderation
during the period In which the Minister carrying
his financial negotiations. They manifested no i'm
patience and asked Questions. But that after
such weary travail the mountain has conceived and
brought forth mouse, there must come storm which
20 alone Raltazz has fully identified him
self with the various negot throughout and indeed
several occasions has taken the holm from his financial
colleague Arcdds omto. thereforethsy must stand or
To add 20 the dincul,ss Of the ministry NJ Iangraod
Dumoncesa announced mis- intention Of bringing
action against the Italian government for ncn-uniment
Of the which he concluded with the late Rica
soil Ministry for making loan Of four hundred and
thirty millions francs upon the security OF tho Church
property. singuariy enough siguor Ferrara renewed
representative, NJ Brasseur on the stn or May The
Minister does not give the fantest indication IN his
port why sn,s contract was goo1ea ana sne.ner suose
the approaching trial this natter fresh scandal will
doubtless arise Italy has already had frequent cause
~
be well n kindled into Indignation, and vigo-
rous national protest raised against the soth and
intapac.iy manifested 10 the conduct Of public Affairs
regret 10 say, from my own personal obscrvaiien
that the Parliament 70 also deeply affected With the
Italian vice OF the doice far nirfc We In the
frst week In June and Parliament generally closes In
July, IT, indeed, IL sits I'LL then a. tue heat here s
already very great Yet nj this advanced period Of the
session tho greater and most Important part Of the pub
lie business has still 10 be- disposed o. The army BILL
tho ecclesiastical property question, the budgets OF me
different Ministers the b, for the suppression Of four
teen out OF The twenty-five universities with which Italy
IL q present encountered, and many minor matters
have TO be despatched.
me House r. never in Sufficient number begin work
until two O'Clock the EARL 81, though the sttng CON-
mences at hafpast one, and honorable members ~ .
rule counted get impatient TO 20 70 dinner NJ
little past i've sllung that lasts I'll sx o'clock sx
ceptonal. Sometimes day wasted IN personal re-
examinations the House IL bored With the weary
plstitudcs Of some members who thus assert
their ruiecn dStrs. One very effective mode OF
wasting time 10 the system OF counting ont 10 the
middle OF an important DEBATE sonc msniber VII rise
and express his bsnef that the House 10 not 10 quorum
The question cannot, II appears, DO decided by the
simple process OF counting the number OF members pre-
sent. only perfoYmod by OF the