Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-07-12
ESTABLISHED MARCH 80, 1885.
THE SPANISH SUCCESSION.


THE SPANISH SUCCESSION.
France Gives "a Hours for leopold
80 Withdraw. ---
NEW YORK, July 1l.-London dispatches
say a crisis is imminent on tho continent:
Military preparations were going ON all
last night in Paris. II the 'candidature
of Prince Leopold is not witdrawn within
the next twenty-four hours, the French
Ministers will be recalled from Berlin and
Madrid and war will be declared. E7
A Word for Prussia. y
The conduct of France in forcing the
issue and refusing to leave the question
of the throne to the Spanish people, is
strongly condemned by ali Europe, and
Prussia's calm and dignified position is
approved.
Negotiations between Paris and Ems
are reported to be unsatisfactory. Prussia
declaring her innocence of intrigue, re
fuses to interfere with the candidacy of
Hohenzollern, on the ground that she has
neither right, power nor inclination to
dictate to Spain OF Prince Leopold.
A Large party in France counsel the sus-
pension of action until the meeting of the
Spanish Cortes, and the belief is that the
Emperor is determined to fight and will
move instantly without giving Prussia time
for preparation. It is said that Napoleon
would prefer to meet the issue now, than
after Prince Leopold is elected BY the
Spanish people, especially as he tears the
claims Of his own dynasty on the popular
vote. -s'- Ve ~
The Changes of n Day-Panic in
London and Liverpool.
LONDON, July ia complete panic ex-
lists here and at Liverpool, as is shown in
the following comparison OF prices OF Sc
curities Just made, at / P. NJ, with the
closing figures Of Saturday evening: Amer
ican bonds, 20s of 1862, Saturday even
ing S9z, Monday noon S69; old, Saturday
evening S95, Monday noon S6t; 1865 old,
Saturday evening S9kk, Monday noon 56t;
1868, Saturday evening S93, Monday noon
S6t; lO-40s, Saturday evening S7s4, Mon
day noon S43; Consols Saturday evening
921@92s, Monday noon 91s. Breadstuffs
are firmer, and there is an advance in the
price of American wheat.
Dispatches from the various European
capitals this morning announce that the
excitement is generally increasing, partic-
ularly in moneyed circles, and all sorts of
securities have declined heavily.
The London Telegraph says the war
panic might die out, only men known to be
in the Emperors confidence are selling
heavily. ....-.-.-r a
England Don't Want War-A Call
On che Neutral Powers.
The Times has an article on the Spanish
question wherein it says it is still possible
to look calmly at the future. Ministers
must seek to impress France with the .ex-
travagance of its pretensions and suscepti-
bilities in the absence Of real danger.
Eventual war is only too probable, yet such
jealousies have passed without collision, as
in 1S40 and 1858. The balance of power
is undecided, although the real issue is
the possession of the left bank of the
Rhine, and the contest would last until one
or the other became exhausted. Civiliza.
ton has everything to lose in such a strug-
gle, and France is clearly in the wrong.
Prussia denies the responsibility that
Fzance ascribes to her, and France refuses
to accept the disclaimer How can France
object to an arrangement that Spain con
siders within her own competence. The
neutral powers must all instantly and firm
~ " DICNO1b O dOOAAAo1OAs
The same papers note the damage in
fiicted on the French credit by the long
continued excitement.
PruSsian IrOncIads.
PLYMOUTH, July 11.-Several Prussian
ironclads in this harbor received orders
yesterday to proceed to the Baltic. These
orders were subsequently revoked, and the
vessels will visit ICherbourg, France, i'm
mediately.
Army Movements In France Secret
PARIS, July 1.-THE Moniteur de S0ir
announces that it will no longer give pub
licity to the movements of troops and ex-
horts other journals to adopt a similar
rule.
Up to a late hour last night Prussia's
definitive answer had not been reced. The
city is greatly excited. Bourse opened
active and excited Rentes 68.
A project of law is to be submitted to
the Corps Legislatif prescribing limits in
which the press is to be confined in pub
fishing details of military preparations and
movements. - o.
The Constitutional says it is rumored
the King of Prussia has approved the can
didature of Prince Hohenzollern-
The Figdi0 pretends the King is willing
enough to aid affairs in Spain, but less SO
regarding the guarantees requested OF HIM.
Napoleon will Command I'm Person.
The Journal says in case of war the
Emperor will command in person, with
the Prince Imperial attached to his stat.
The Prussian Parliament Convened
TO Answer France.
BERLIN, July 11-One of the semi offieial
journals this morning has an article stating
that France persists in the insult to Prussia
in holding Prussia answerable in the Ho-
hernzollern matter. The policy of Spain
was adopted without any foreign prompt
ing. The North German Parliament has
been summoned to give France her
answer.
LONDON, July 1.-THE Times has just
received telegram dated Berlin, to-day,
announcing that the reports previously
forwarded from there touching naval pre-
parations at Baltic ports unfounded.
| There is no undue activity on the part oi
| the Prussian navy, and no popular excite.
ment in Berlin. A pacific solution of the
| question at issue between France anc
| Prussia seems confidently expected every
where. .. .-.-
| A spanish Republic the Best An
| swer 20 France.
MADRID, July 1.-THE Regency has re
| newed its declaration that the choice o
Hohenzollern was dictated by no hostilit!
to France. The Republican newspaper
of Spain blame the Government for the
present crisis, and think the immediat'
proclamation of Republic the bes
reply to France.
The Imperial insists that the Frenc
aim is to force Prince Alfonzo upon tn
Spanish throne. rrHr--
Little Portugal Disturbed.
LISBON, July 1.-The candidature,
Hohenzollern and the trouble that ha
grown out of it caused the greatest excite