, 1870-07-08

Prince Leopold, Of Hohenzol1ern, upon
whom Regent So1rauv, and his Ministers,
and General Prim, have united. and whom,
il is reported, the Cortes IS pretty certain
to elect to the throne of Spain, is the son
and heir Of Prince Charles Anthony, the
head of the youngest, or third, branch
of the house of Hohenzollern. Il abdi-
cated its Interior Claims to the Prussian
crown in favor Of the elder branch of the
family, Of which King William is the
head, some twenty years ago. Prince
Charles Anthony, now 80 years OF age,
married the Princess Josephine Of Baden,
daughter of stephanie Eapoleone, the
adopted child Of the First Napoleon.
Prince Charles Anthony has had several
children by the Princess Josephine of Ba-
den, of whom the second, Charles, was
elected Prince OF Roumania, in 1866. His
eldest son, Leopold, the candidate for the
Spanish throne, was born in 1885, and
married, in 1861, the Princess Antonia Of
Portugal. n younger sister Of the reigning
Portuguese sovereign, Dom Louis- By this
Indy he has three children, all sons. His
connection with Portugal would make him
welcome to those who favor an 1berian
uuruu VI rorruga1 with Spain Notwith-
standing the outcry with which his nomina-
ton was met in France, it is still doubtful
whether Napoleon can, with grace, 60
to var on account of the nomination
of one who is his OWL cousin by the adop-
tion of the First Napoleon, for no better
reason than that the nominee is also, by
blood, first cousin to the King Of Prussia
French descent leaves him, to all intenta,
Prussian, and, 80 far as may be judged
from his antecedents, he would be more in
timately associated with the Prussinn than
with the French Court. Unless, however,
Napoleon had some other candidate more
acceptable to himself in view, it is not TO
be supposed that he would oppose a nonli-
nation which is evidently entirely
free from hostile intent toward
france. While one .rumor states
that the French Minister has Withdrawn
from Berlin, and while the speech Of the
the Duke de Gramnont French Min
lister Of Foreign Affairs, was indicative Of
NA4+ A2tEA 4ANAAl2LT kAAa4t 4SEFS3EOtI
III will use the event rs new illustration
of his remark that 1.-THE Empire is Peace"
That is, probably, the solution in which
all parties are interested. It will be best
for Spain, who cannot be expected 10 con-
lime in her present transition state much
longer without bloodshed. It will be best
for France, because the empire is suffi-
GENTLY burdened by the cost Of its vast in
ternal improvements aud public works, to
covet the inealculable burdens Which would
be piled upon her by general European
war. Bismark will enjoy it as,
whether truly or not it will be
credited to his manipulations. II
anybody could profit from European war,
| it would probably be, il. the first ms ance,
ourselves, as we would be called upon
heavily for breadstuf3s, ar,ns, iron vessels,
| and ammunition. But such gain would
| not be without its drawbacks. The throw
ing of new European bonds on the market
by the various governments which would
be obliged to borrow, would cause capitai-
lists and others now holding our bonds to
sell them, in order to 1einvest in their OWL
For, the moment their own bonds declined
to point which made them seem cheaper
aud more desirable to capitalists than ours,
they would rush our bonds upon the mnr.
ket, and, in effect, return them on oul
hnnds, This copld not fail to deprass
American bonds in price, in degree pro
portionate to the quantity Of them returned
upon our hands. The gold value Of The
greenbacks would drop with TINT Of ths
bon Is, and the effect would be indicated b,
d rise in gold The brief campaign betwoe1
Prussia and Austnn gave Us an example ol
the operation Of these causes in sending
gold up to some 80 per cent.