The New York herald., 1871-11-10
TIE HONEY TROUBLE In EUROPE.
Bismarck Making a Purse or Very
Hard Cash.
He Cuts the sinews Of European Prosperity
The Prussian Heel on the Neck of Germa.
ny-War Between the Thalsr ana
the Franc-Propossd Changes
and Opposition Thereto
FsANxroEroH-rnE-M MAIN, Oct. II. IsrY

France were entirely at the mercy Of the GermanA
The main body OF the army was imprisoned In the
fortresses OF the Fatherand, while the rematnd1
was kept IN duress At Paris, within the walls q
Metz or other French strongholds. Those prisoQr
era have all long ago returned to their homes
Treaties Of peace and conventions we're enter6d
into between the late befgerents, aud 1t might %
supposed that all would again return Into the old
groove, Tnat is very far from being tho case. how
ever The din Of battle subsidized long ago. and w
are told that In a few days more only six depart
ments will remain occupied by German troops. Yea
the contest between the two nations conttngel
with unabsted cruelty, the character oi the
weapons only has Geei changed Tue military
Struggle having been decided In favor a
Prussia, Prince Bismarck Is now encesvortns
TO obtain fresh victories on another field Of action-
The weapons employed in the present fight, tI =
true. VIII not draw much blood, cause the loso
or life, but they are calculated to create suffering
and in1ct wounds far more caiaInitous than those
produced by open hostility. The French army was
annihiacd last year and II Is now proposed to lay
PROSTATE
THE TRADE AND COMMERCE. or FRANCE
The exgencles OF war necessitated the imprlsoa>
iieDt OF the men composing the French army; but
to all appearances, the application Of other means
Is required to Kill tho nerves OF the country. In
order successfully to carry out his schemes Prince
Bismarck feels constrained to lock up all the ayaly
able French coin. The recuperatlve powers din
played BY France in paving or the ransom due to
Prussia have created at Berlin q degree or irrts-
tion which 1t seems diffcult properly TO define. 4
general belief entertained that Franco had besu
80 badly whipped that she would never agaln a.
tempt 10 measure swords with Prussia. Grave
doubts however, are now expressed on that scor0
Hence The necessity Of devlsng
OTHER MEANS WHEREBY 10 oRlPpI.k FRANCE
aud to hurt her vitality. So far the ransom money
has been paid by France in hard cash. I. G.. IN g0lA
pieces of twenty francs and in silver pieces o.
five francs each, only small portion having bean
paid In other coin. The operation has obviously
deprived France OF about onethird, IL not one-haH.
OF her circulating medium. That tact In itself seems
to involve considerable hardship, but It Is mueA
aggravated by the resolve to keep all the French
gold and silver locked up IN the golfers at Berlin
III ordinary times The money would find its way
back again, but the Treasury Department OF tha
German empire las taken steps to prevent It's being
returned. The money lies Lille IN the vaults OF ths
Prussian Bank, and thc withdr avail from circula-
ton OF these large amounts has resulted in general
DEEANGEMENr or ALL rHE EUROPEAN MONEY AAD-
KTlS.
In Paris gold commands at present premium.
and foreign exchanges have risen there to ratea
much beyond what was known in 1913. ON the
other hand, here III Frankfort and In the other
great centres " Germany gold stands at discount.
A year ago the Napoleon d'or-i. p. twenty frame
gold pieces--wero readily taken al 93S forms, and
occasionally they would fotch more. To-day tho
same gold niece passes with difficulty at g1s, while
railroad companies, in payment OF fare, take the
coin only at valuation OF Is rorIns. The clerks
at the telegraph and pos. ofiiccs, n obedience 60
4 portion OF the French money las been paid out
to army contractors, and tie payments have In
yarlaby been made ey he Prnsslali government g
:. A
tlaer. On more than one occasion have observed
that the personal expenditure OF the German Em-
ihe post horses WHEN BROUGHT It'll lis G Msesty to and
from Caaten ana salxburg were pati FOR In French
might reasonably be inferred that the government
would ee io,tnd Wtliins to receive payments In the
There Is
MORE FRENCH THAS aEGyss cork
neither the National Bank OF RUSSIA nor tnc public
Treasury !: wiling 20 receive French coin. Taxes
10 purchase few pos,agc stamps IL Is imperative to
provide fll aia, money The postal clerks arc mex
oroaa in The enforcement q % the rule. rule ' Here, Ia
fransfori rhnr ,oy are empellad 10 be more
necessity Of hiiMorin@ the population
oi the ex-frec cry, and, consequently, the
Erculer is stiii maintained as circulating medium.
But that s not the rule, and moreover, the favOrH
extended In that way arc at the expense OF the csi
zens Who lose nboat Two ana hall per cent BY the
submit to u iatner than keep accounts In Prussian
money. Tive miles beyond The city gates matters
widely different. There the P,1issians rule wi1h
an iron rod, and the tax collector cxacts the pay
meu' OF all dues IN Frussian money. The regulation
vited the Prussian government furnished al sde-
guate supply OF small coin. They discard the guldeu
OF south Germany without replacing 1t win any
thing petter
THE rRusslAs Mfsr
has becn Eept In comparative id!eness fcr soma
tilDo IN anticipation o monetary reforms which are
about % oe lIrodGcei. The Inconvenience
t4lN 4 M
and nlacninations against the Southern banks. II
has trauspired tnat the Bank Of Prussia entered
upon regular crusade against al the banks lying
outside Of Prusslan Jurisdiction. have been In
formed ,iat for several weeks past the authorities
southern banks. Whenever respectable amouns
OF those notes accumulaes in tho frussian Golfers
issue and demanding coin. Thc. cash realized u
exchange OF notes IL irme iiatciy transferred to
pubuc as q circulating medium. The proposition i
10 do away with the southern form, and the people
sal desire Is TO see INC introduction Of decimal
coinage. The Prussians, on the other hand have q
course IS certainly the most economeal to Prussia.
pub II involves great sacrifices on the part OF all the
remaining states.
would undoubtedly he a great boon 70 the Gernian
people; but the soutterners are unwilling TO sacrs
OF Prussihcatlon. In Prussia proper there is only
one bank Of issue but oil the smaller states have
capitslists VINO established hanks OF issue outside
tho Prussan realms. These banks probably
tOrmenfcl b. f0feb51ing5 that sooner or later they
will be coscd and consequently they agitate agains:
the innovation proposed 70 the EelclIstag nj Berlin
There ls but one voice, namely, hat The franc and
not the thsler, should be the unit. rhe latter does
not admit division INTO hundrodLh parts. But, as
stated above, 1. IL moro economical. so tar -
Prussia IS concerned there wond hc no necessity to
distribute flesh CONS; TIE thGler and groschcn now
IN circulation would be spread all over Germany,
while Bavaria, Wurteulherg, Baden and the minor
states would DO called upon 10 withdraw their com
and g replace y with money min'ed in accordance
WITH tho i'russan standard.
yHE EXrENsE NLCRs slTkyBD HY THE CHANCE
proposed 10 TIC tacisiag, would all entirely on
the southern states, while Prussia alone would reap
inc benefit The coniuston in tho monetary SYSTEM
~ 10 exists 1T present IN Germany ie detrimental TO
a Interests. rhe ahaeuce Oh uniform standard
favors an immense amount or svlndling.
The eytortions oi money changers and so-
called BANKERS nave long been complained
Of as an aloleToble nuisance. IL behoovcs
the government Co adopt energetic measures 10 put
stop TO this process Of swlndltng. But II appeafs