The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-12-26
The Bourse nnd the Eastern Question-New
Loans--Prussia and the Soutii--PoIiticaI
Prosecutions.


FRANKFORT, Dec ., 1868.
The good hunor OF our course was Interrupted
last Saturday by the differences between Turkey and
Greece having come TO crisis which, according to
frightened spectators, might lead TO misunder-
standing between Russia and the other Powers.
Nothing is more unlikely than that Russia would put
In jeopardy the execution OF her yreat railway works
for the purpose OF entering into quarrel with Eng
land aud France about the right OF Greece to send
freeb0oters 10 Crete; on the contrary, 10 must he
supposed that this difficulty would already be
brought to close II the action OF England
were not nainpcrcd by the interim IN the
Ministry. As the last advices show that the
ambassadors OF England. France and Russia
acting IN concert, greater confidence
prevails. AMI those who are anxously waiting for
imhroglio TO make good the heavy losses they IN
are again disappointed The relapse, though mo-
mentary has been good lesson for those glutonols
subscribers Of new loans, who hitherto hooked up
everything and who were frightened out Of their wits
as soon "a what appeared cold wind blew from the
East. The Prussian loan Of 100000 thaers was
not fully subscribed for and, vJr the first time. an
Austrian issue OF preference shares. those for the
Alfold Railway foand very little sympathy, and the
subscription was failure. TINS Is hghly crafty
shares or dchclture issues were started oar
Bourse since January. People are now really sck OF
them.
Americans remain flrm and ductuate only to the
extent OF tRApfeniium on gold reported from New
York; bnsIA0e is somewhat injured by the irregu.
lar arrival OF kilograms; st the large investments
have ceased since tho market IL ooded with foreign
stock, nut al the same time scre Is very little oli-
ing American stock IN the market, and ~ s large
part OF tue public nvcstiDgsexciusiyeyi IN Ameri.
cans, new purchase Orders VIII DC sent to New York
II political affairs continue smooth on both sides of
the Atlantic. Austrian funds are fiat. while shares
maintain their high prices. Of the recent loans tie
Italian tobacco loan remains la favor aud the
Brunswick lottery loan h In request; all others are
quoted at discount. Money continues abundant
and bills on London and Paris m good demand.
Everywhere IN the south OF Germany political lie
becomes more manifest. the parties IN favor or In
opposition to joining the Northern Confederation are
just now very active. IN Baden, where the govern
nent are totally biased for Prussia pubic opinion
Is decided sun two leading politicians. Biuntschy
and Lamey. having been disappointed OF getting q
seat IN the Ministry, have now joined the opposition
In Wirtemberg both the court anu people are not
Prussian sympathzcrs, and the democratic party
musters strong in the new elected chamber. In Ba
varia the auti-Irussian feeling prcdominates, aud
the exertions OF Nolk. Cramcr and other CHAMPIONS
Of the National Veroin are totally unsuccessful. As
there IL no apprehension OF French war the liberal
party do not see any necessity for submitting TO the
stern Prussian rule.
In the Dnchy OF Darmstadt the reactionary Minis.
try keeps It's ground, and has recently succeeded IN
an action before the court 20 obtain q sentence OF
long imprisonment against Bamberger and others,
for having libelled the Minister Dawigh and the
Bishop OF Mentz. The differences between our town
and Prussia remain unsettled, AZ tho latter shows
disposition 10 disburse those moneys they laid their
hands on ut the time Of the conquest.
There Is nothing which brings tho Prussan gov
eminent more IN disreputc In their new dominions
than the fue actions they bring FOR trifng objects
before the couris-"Thc King against Miner,n at
Hanover, for sedtious song; an action against the
celebrated Professor Ewald for some hard express
slons In a recent pamphlet; "The King against the
Editor VI the Frankfort Zejtung.r for having
recently animadverted against the Prussian
generals who tortured tins town m 1886, are
not ut 10 gain respect for n monarchlcal
government In this old republican community. The
worst feature therein, is that the officials arc afraid
10 Ne snubbed az Berlin n they DO not interfere for
anything thar appears disrespcctful To the King, and
thus many persons hitherto accustomed 10 SPEAK out
tier minds are brought before the courts. IL IN.
sure conVlctOns the OH Judges are wlrn ,ycr there
q occasion iJF y SGT aside Tor old aye or other
REASONS, and tpcIr Successors are thUr0aqn
iau 4.AliS i.VA TIC Oh PROVINCES, who regard ia