The New York herald., 1870-05-23

clAl establishments OF Langrand DumOnoeau, at
Brussels. whore bonds and shares are spread over
all Europe are, u ~ alleged on the BRINK OF bank
ruptcy, the interest on tnelr mortgage bonds falling
due on the LIST inst having not been paid. Vast IN
viii thereby De spread over Belgium. and the people
there nave only 10 thank their creduiity for H. as
they invested their money in the same ~ the recon.
men0al0n OF the Jesuits, who supported I.angrand
a. ana o. saar Party - IN ea poe o[
nnd to the eX-kiny OF Naples, loses for the same
reason some twenty millions OF francs by ". anu
ding transac ions.
In Protestant countries Langrand could never raise
arthing az N had natural isunct 70 naya a"s. -
the Lombard Halfway, which has caused great dls-
app nment wnle people wsre rea snS & nce ~ rre s.e
AFFAIRS they did not INA line hat something very
similar was brewing In their immediate neignDor-
bard shares winch had not been fairy earned, and
those colored reports were siRned Dy tne konscids
and some q the s ~ q Se Senna a as on.
~ they mad to place their m,r9age bonds IN the
markets; now the lines being all bnl the mask has
been taken or and the truth has tranpired that at
no time they c,a-d afford 10 pay more than i've per
cent vdcDds.
twn months from 54of to 390f and even now holders
are kept in the darK, the report read at the
bly, Of shareholders has as yct lot been reported.
Penpe are highly incensel against the Rothschilds
and Their associates and proceedings viii be taken
against them for fase atcments, ~ those against
the preires for SIM ar reasons have been successful
As natural consequence OF such exp0ra ions, peo-
pie turn away from shares and Doubtful values
altogether, AMI American six per cents are again IN
good m nd and eagerly bought up by investors.
There Is very little floating stock In our market, and
we are tho efore IN position % wan new sslr ply
South German also re well. and Russian and Span
tsh command q good market. Money remains
plentiful; discount at 2K per cent.
Our corn IN irk o. are looking up, the weather con.
tnuing cold anu tnseasonaoe so that at all eveltS
the harvest WI be delayed or month longer than
generally IL the case.
THE POLITICAL ASPECT.
WIFI regard 10 pOlliIcS the trauuulltV pre-
walls. The LOll farilamcnG has thrown out by u
large majority the Increased duty coffee. while II
has agreed 10 al reductions proposed In the duties
on lron and rice. They Wi bing home to the gov
ernment thereby 81 cir conviction that there Is no
necessity to increase as yet III military establish
deied already too large The only things that cause
anxiety in tnis country ae the eternal strikes Of
wors peo le but the ear that extreme measures
might beco ne necessary against them has c0nslde-
raby abated a. tie work peOila themselves have
begun to listen TO reason. Most Of the trades
aware that Trey VIII not be better or by emf rcing
higher wages IL Others viii exact tie same.
II he tailor has to pay for his boots for his
bread and other necessarles, he might just as we
have things as they are. Besides the law against
Violent acts to prevent Other people from working
TOO strong against them, and those who tried 1t
have 20 take the consequences.
The strike OF the tallOrs in our town is at end,
part OF their demands having been granted. In the
Soath, the decIamaions of orators against the
treaties with Prussia have nothing changed; the
governments keep fast to tie Prussan alliance,
which Is their only support against foreign aggrcs-
sion. 1t Il Pity that so much talent OF highly gift
ed men, which could b. brought to bear on the i'm
provenent OF the laws, should be wasted on gues-
ton OF might which cannot be settled by orat0ry.
There is doubt that In all the countries or South
ern Germany heavy quarrclng Is at hand between
the governments and the Chambers: but that all Will
end in smoke as The party lenders never compel
the government to dish the army, and ri0tOus
acts would. only strengthen the government by
bringing on their side all those who wont risk the
welfare If the country by party strife object,
which for the present has no practical bearing
whatever.