New-York tribune., 1871-08-24

sued except at an extremely reduced price. That the
contractor beside attempted 30 make tho most OF the
Job for himself was matter OF course. Yet there was
some check burdening tho country with more Oh TIE
blessings OF railway conveyance than was thouehe d
An umpire former functionary Of high standing In the
Prussian Government, named Ambronn, had been ac-
cepted by the Roumanian Government TO see that the
number Of shares issued cOrresponded win the
amount of work done. OF course the figure
depended upon the estimated value OF the work; the
f'oumahians however sOoR complained OF being over
reached; real, well as pretended causes OF dis
content found their echo IN the Chambers OF that
country and the cry for having the contract Cancelled
became general before IL had become valid in all its
parts Ihe Government at the nstgation Of the Prince,
who resored TO a change OF Ministry first resisted
but finally yielded far stay all further supplies
to strousberg the had not yet completed
what represented by the amount Of shares issued
upon which Srousberg at stopped all further work.
But at this point the chief difficulty arose Who was
to pay tho guaranteed interest the shares issued
The ROumanian Government refused to do so because
they considered themselves bound TO It only after the
whole stipulated net OF railways should be completed,
and Srousberg who contractor, bound pay az
long the works in progress, refused because
fault not his that he could not continue the works.
but that Of the Roumanan Government, which had
of the supply of means The German shareholders
mostly people Of inferior social position and education,
who had ured into taking shares only by the guar
anteed interest OF u cent guaranteed. in their idea,
by a Hohenzollern Prince-dd not know against whom
to furious against strousberg and his dukes
against the Roumanans. etrousberg attempted to ap-
pease them by holding out the prospect Of new arrange
ment with Roumana, consisting in conversion OF the
shares issued into ROumanan per cent State bonds
which would have amounted to reduction OF 20 per
cent OF the price be paid by Roumana for the work
done There was q question In LITIGATION, he said.
between him and the Roumanian Government, ana
that being decided, there would be another be-
tween the shareholders and the condemned party But
a friendly arrangement preferable to long law
suit The shareholders listened to this advice and have
since patiently waited They received interest neither
on the Of January the 1st Of July last and the
quotation OF the shares at the Berlin Stock Exchange
went down 10 rdiculOusly low figure. No complaints
whatsoever made TO the German Government,
which besides would not have been In position TO en-
tertan them, as undoubtedly, what thus far was De-
fore them really question In litigation and nothing
else.
The neon sderate step Of the Roumanian Government
Of cutting the knot by simply appropriang the railways
and resePyng 20 themselves the decision how much they
will pay for the property--for their arbitrator rs
dtmmy-has suddenly raised the affair into an interna
tOnai one. The German ConsulGeneral at Bucharest,
Baron Won Radowitz Of the Prussian Minister OF lSs
as soon Of Prince Charles 10 the measure
had public and the spolaton thus completed,
intercourse between Germany and Roumana was broken
off, The question OF the property of the railways will
hereafter form the subject Of negotiations between the
Chancellor OF the Empire and the suzeran power OF Ro
MANIA the Ottoman Government nt Constantinople. III
reported that the communication made by the Consul
General 10 the Roumanan Ministers has been very dis
tinct and detailed to the effect that Germany would in
yte Turkish intervention to compel Roumaa to do JUS
tice. 1t is generally anticipated here that the Rouma-
man will hasten to retrace their steps, but
should this not be the 1t is proper that the consent
OF Austria, the neiRhbor OF Roumania,
should be obtained to whatever further step
is taken. The meeting Of the two sovereigns at
Gasten Is convenient for this purpose. 1t must also be
presumed that the other European neighbor of Rouma
nia Russia, whose feelings so extremely irritable in
all that the relations between Turkey and her
hege State and the Austrian interference with these rea
tons been assured In way other that what
ever be done with ROumania by Turkey, Austria and
Germany, will exclusively bear on the question at ISSUE
ought however, not omit TO state that Field Marshal
Moke the time, has left Gasten, where he too
drinking the waters, for Vienna and further de-
cline the prices OF ROumanian Railway shares shows
what is thought in the Berlin Stock Exchange OF the re-
ports from Bucharest. "May all go off WELL" said
stock to me- but the slightest danger that
all may go off well more than overbalances the gain
which settlement would bring TO the shareholders
Thursday, Aug. 10.-EmperOr William, now on his way
TO Isch and Gasten this night sleeps Regensburg in
Bavaria IL almost If there had been sig
nacant purpose In selecting just this place. The
once free city Of Regensburg was the seat OF the
Diet Of the old Empire, and the place where the
German Emperor received foreign embassies 1t is re-
ported here that the Emperor had been expecting an In
vaton Munich, which s situated the other route
from Frankfort to Isch route just short that
which has been chosen But nothing heard from
King Ludwig Bavaria the Emperor resolved upon
sleeping Bavarian soil in the old Imperial instead OF
the modern Royal, Bavarisn city However that may
be- the telegraph has announced that KING Ludwig
this morning has left Munich for schwandor north OF
Regensburg meet and receive his present ege
lord IL the German Emperor :can be considered to hold
that position toward the German princes and free cities
From Regensburg, the next days journey s to that
charming wateringplace, Isch in Upper Austria, just
swarming with tourists Of all countries, where the
meeting with the Emperor OF Austria since the war
OF 1906 will take place The German EmperOrs going to
Isch one the regular Summer residences Of Francis
Joseph before going 10 Gasein, imparts to the whole
Journey the character OF visit paid TO the Austrian
eighbor The impending more protracted meeting Of
the two Emperor at Gastein Ia thus made to the
character OF return Of the visit 1t ID almost comical
such importance attached TO the nicetes Of court
etiquette butt cannot be helped Peace or war may
urk behind what may appear merely an act OF courtesy
The Austrian Chancellor, Beust, has already arrived
at Gastein; Bismarck will probably start about week
hence for the place In the time, that one
affair." which is to form the subject Of discussion
and mutual promises at Gastein the Roumanan Railway
question, shows visible progress toward solution
This only TO be recorded that the Of the Hun
garian Government this morning expresses satisfaction
at Hungary having Germany at her back in dealing
with southern nelghbors the mOnrel States on the
Lower Danube This reads almost II it was thought
not impossible at Pesht that future may find Ger
many and Austria arrayed against Russia as supposed
nstigator and protector of the Panslavic movement
But thero ~ the slightest evidence that the Russian
Government will have anything now TO do with the
Pansavc party, that gives much trouble to Austria
and Turkey. A few days ago Czech deputation that
had come 10 st. Petersburg were refused admission 10