The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-08-26
GERMANY.

The Frankfort Market for Urited States
Bonds-EGect Of the New York Geld May
ket-The Rihemen Home from Vienna-Prus-
sian Rule and Northern Policy.
FRANKFORT, August 10, 1868.
The sudden rise in the gold premium at New York
has thrown our Bourse into great excitement.
People were at a loss to understand why such per-
turbation in the trade OF the country could take
place without any perceptbe reason. There were
kilograms in town from the day before that foreign
bills were almost unstable, London, though quoted
DO, being offered at lo9]4 The reports the unfa-
vOrable state OF the cotton crop dsbeieved as
they circulated every at this time and the
price OF the article receding in New York. Con-
gress was In recess and therefore no rash measure
with regard to the debt on IT'S part is to be appre
hended. All this being taken into consideration,
purchases to so enormous an extent We're made at
the reduced prices that New YORK firms would not
even sell all what was asked AT prices y per cent
above New York prices. Many millions OF dollar,
have been bought here during the last days ana
Butler stevens ana cOnsOrts would only he
kind as to hold their tongues for one season there Is
no doubt That the price OF American stock would rise
to par and enable the government TO reduce the In
teres by the consent OF the bOndholuers. who would
certainly agree TO a lower interest rather than to be
reimbursed and to be compelled to look tor other
Investments. The bribery OF members OF the House
OF Representatives IS no longer secret Lists have
been circulated here before the votes on the lnan-
cal questions how members Win vote. II Is to be
hoped that the next elections viii eliminate these
unworthy members, who have been returned in n
Kind OF universal excitement All well wishers OF
The United States-that Is to say the whole liberal
party bondholders or not-are anXiously waiting
SO happy q result. Transactions TO a large extent
have also taken place in 1881 bonds and In five per
cent Stock In Austrian bonds very little Is doing,
and this VIII be the long the conversion IL
pending If this is once over they will make a
weighty concurrence To Americans and throw these
out OF the market If the payment of the bonds does
not cease TO he a debatabe object
Our voluntary sharpshooters have returned from
Vienna IN high spirits fully satisfied that the result
OF the gathering Will be that which was contem-
patcd-VH., protest against the cNpeng OF Aus
tria from Germany, u demonstration OF the German
people that they viii never submit TO the treaty of
Prague IN So far as II stipulates that the &c rlnan
provinces or Austria shall be severed from the com
mon latherand, and a fraterniIatiOn OF all those
who speak the German language. In oil these
spects the meeting has been highly successful.
Count Beust, though restricted by diplomatic CON
venlences spoke at the close OF the festival In the
same sense and there Is no doubt that Austria as
FAR as IL Is German territory, will never separate her
destlnles from those OF the rest OF Germany.
The vile tricks played 10y Prussia disclosed by the
Usedom note, have filed with disgust all true patr-
Ots There is "a general feeling IN this country that
no good can come from treaCherous understanding
with the foreigner Ii might be weak point OF the
democratic party that IL must rely exclusively on
It's own forces, while Its adversaries can resort TO
all kinds OF shifts No patriot of the democratic
party Will ever look 10 France for assistance and
her interference in German affairs would unite
against her the whole forces OF this country. Even
the annexation policy OF russia, lamentable 1t
Is. Will be opposed only by such means the demo
cratic party can collect in this country. For the mo-
ment Prussia appears to be satiated and there Is
fear Of further complications. Peace Is considered
az perfectly secure, and the south OF Germany has,
affairs without being impeded by Prussian interior