The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-07-20
ON THE SrREET
Another Day Of Ex citement-The Down Town
Men In a Fiutter-Thc Gold Room Crowd
cd, and the Balls and Bears Meeting.

Another Day Of Ex ExcitementLThe Down Town
Men In a Fiutter-Thc Gold oom Crowd
ed, and tho Balls and Bcars Meeting.
Yesterday was another daY Of rushing, crush
ing bawling and excitement on Wall street. though
not to the came extent IA on Monday. When the
the sun wac broiling At It's hottest, the street was
crowded by persous who seemed walking for wagers.
The perspiration rninod rom anxious ioreheads,
and shirt collars were limp.
COLD ROOM
wus a pandemonium. The shouts and yoiis render.
cd It impossible To benr ones self speak. Through.
out the carly part Of the day extraordinary ox-
element prevailed Lacking important war news,
the market was eomraratively steady The opening
price was 1S1K. and until o'clock gold nuctuated
between that figure and l2iy,. An attempt was
made to bull the market, but IL altogether failed.
and the German bankers being without private in
formation, and discrodiing the press telegram !,
were disineiined TO transact business
rLUrTBR.
At about ,,:,css things became lively Des +.
patches were received from Lv,.don announcing a
renewal OF tho panic on Change. and further ia,I
IN the price OF Utited States securities When this
became known there was n stir. Every tongue
wildly, and eyes flashed herceiy. The indicator
cauPht The Infection and worked nervously, until IL
proclaimed l;lh. Fluctuations continued TO follow,
but that Azure was the highest reached.
In the Stock Board II was sweltcringiy hot but
business wus quiet. The market was weak, the
brokers were debiiitated, and nothing OF interest
occurred Rock Island was the only feature Of the
day.
The Cause Of tho War-Is Bismarck or Ma
pslec. Responsibie-Prassia's Unsuitable
Appetite.
TO ne Etifor OF Tie sun.
SIN: 1t would appear to me that mere
cursory view OF e history OF Prussia since the sue
cession OF the present Kirg would clearly point to
the author OF the present war, and OF most Of the
disturbed relations OF European States since the
event named.
Assuming that Frederick William with lis premier
Count Bismarck) had upon his accession conceived
the idea OF conquerng all Germany und Central Eu
rope-that the present imbrogio was in its general
features then that is to say several years ago plan
ned and mapped out, we have the key to q success
sion OF sters as follows:
First step-The overthrow Of the Prussian Con
stitution BY coup d'ttGt, whereby Prussia, from
liberal monarchy, became converted to q huge arse
NAL with all the abe-boIied male population for
a gnrrison and Frederick William for Commander.
in Chief.
Second step-The melting Of the Germm Diet
that IT, the smaller States thereo' to invade schles.
wig Holstein, and LuDenberg Austria avowedly
and notorousy reluctant, was nevertheless OBLIGED
to join in tho aggression or lose her place In the Con
Duches and thus become Prussil's Nv, bear.
inR all the odinm and responsibility, was sum narily
kicked out without even the slightest show Of
respect and now Prussia stood face to face with
Austris having the conquered Duclies for bone
and certain cause Of contention
Third step-The rupture with Austria, the sudden
and powerful attack long aud carefully prepared
for the overthrow OF tie Diet and the absorption
into tho great arsenal OF many OF those small Ger.
man States, whom, BY their own folly, Prussia had
titus made their own destrOyers
Ana now mark, there remain to be conquered the
Nsus. auAN Nla ARaNv
gelher with we know not what else. II Prussia
should attack any either NJ these they viii all be ar
rayed against her. and will be promptly support ed by
France In all Frances might But suppose Prussia
should provoke (witlont appearing In the wrong)
France to attack her; why, tHon France Ia attacking
many will unite with Prussia TO combat France
France being defeated and Prussia thus left stronger
than without any power 10 gaiusay her las but
to open her jaws and swallow the remnant OF Ger
many-her whom allies.
But is It possible to aggress without appearing to
aggressed. II Ia done every day bV States on per
sons and this Is Just what Prussia has been doing TO
France Bsmarck-if he bo the author--has over
matched Napoleon.
An episode that should not be omitted Ia the union
OF Prussia with Russia TO crush the last Polish in
States were discussing The advisibiy Of aiding lhe
Poles, all being Interested IN the reinstatement OF
tile kingdom.
Nowiet any nan Of sense ask himself Is It likely
that the Emporor Napoleon, on the verge OF the
grave, with mere child OF fourteen or tbereabout
aud Npoh whom he ooudIrely dead-is II likely that
he wtsvld now set out upon a crusade of conquest,
after ts fashion Of his unc!ef Yours,
LOYAL ENG1IsHMAN.