The New York herald., 1870-02-21
GERMANY.

South German Secession AgitatlOn-Radic al
and Clerical Inauencss-Tho Folly of Reac-
tion-Amsrican Interests In the Frankfort
Bourse.
FRANKFORT, Feb. I, 1870.
There Is now great agitation In Southern Ger
many against the alliance treaties with Prussia 1t
is very likely that by tue dissensions between the
liberal party the clericas Will succeed in upsetting
the Hohentohe Ministry In Bavaria and they come
to the helm Of affairs this country Will be thrown
back to the dark times Of the Abel Ministry, when
the Pope was omnlpotent and the people on o level
with those Of Spain. HLhert0 the King has remained
firm and has forbidden the court to those members
OF his ramily who voted In the Chamber In opposl-
ton to the Ministry. Still 1t is untenabs position,
ana the King viii have to give way to
the majority OF the Chambers, and then Ba-
varia will Set herself In direct opposition to
Prussia, to her own detrlmbnt. In Wartemburg,
where the democratic party prevails the opposition
IL directed against tne military estaDlisnments
things LOOK yet worse. There the Ministry COM
mands majority In the Chamber, but the opposi-
ton STRAIN every nerve TO nuence the people for the
coming elections; aud II they succeed they VIII
throw the country, divided as sne by equal parts
into Catholics and Pro:estants. IN anarchy. This
European politics. II must lead to differences with
Prussia into which other Powers might interfere.
II u want0n quarrel altogether, az the northern
governments, Jealous Of their Independence Will
never enuer the worthless confederation In times OF
war. They can do nothing by themselves; they are
too weak Tor tnat and southern confederacy IL
out OF s the question, as then Bavaria, Bavaria, the
which the Others will never agree. All these
States ENJOY H much liberty now AZ Is pos
sibls under monarchical government, and 1t Ii
only matter OF spite against Prussia which induces
party leaders OF the liberals TO assist their worst
enemies getting into power. What Is going on just
OF the violent opposition OF The French, German and
Belgian bishops the Jesuits cling to the dogma OF
the iniaDllity OF the Pope and Will probably carry
in the Council resolution to that effect Then we
shall have another schism In tho Catholic world, as
the opponents will never submit Inc celebrated
Professor Dolinger az Munich, OF the pillars Of
letter on that question, and his plain language
admits Of recantation In every part OF the coun-
yoke which the Jesuits Will put on Them. Another
resolution to which the Council VIII agree, that
the temporal powers and ns
rated to the kingdom OF Italy. proves
that the Jesuits are totally ollnd and
believe tnat by sheer audacty they can set at de-
nance the spirit or the time and the more SO at
moment when change has taken place IN France
which forebodes Ill for their pretenslons. The Oli-
vier Ministry II consistent cannot continue IN the
path OF Rouner and keep garrison at Rome to
overawe the people and to subject II to Popisn mis-
rule.
The Bourse Is very much agitated There was
heavy fall IN Austrian and Hungarian railway shares
IN consequence Of the falling on Ill their weekly
ceipts Tne new Russian loan OF twelve million five
per cents at 7s1 has been q great success and
has been subscribed fouriold. americans remain
frm and do scarcely vary from tneir price
do not consider the price remunerative
any longer, but capitalists continue TO invest
and take up what Is brought TO the market In ex-
change for our Russian and Austrian railway stock
For mortgage bonds there Is market here, and
will be none as long as every mail brings reports
OF new Erie swindle; only Calilornias sell we'll
az there Ii confidence In everything connected
with this state. Paclnc Central have advanced 70
7sh per cent. IN consequence Of New York orders.