The New York herald., 1872-11-22
he calls "the hydra-headed power" OF

80 S~iD eHo hyuIa-ueauou power Oh
Jesuitisn.
We confess that as an aot of policy Bismarck
has made a successful appeal to the Protestant
world. Victoria, "Defender of the Faith, /"
finds her title barren compared with that of
William, "Conqueror Of the Jesuits." And it
is something-it is really great achievement
to surround, as it were with fine ether. this
now Empire with tho influence of a religious
and spiritual support. But something more
than sentiment is necessary to consolidate an
empire, and there arc troubles in Germany
which cannot be attributed TO the Jesuits, and
certainly cannot bo removed by their expul-
sion The Gcrmans-so grave SO patient, so
true and SO disciplined in war-are running
wild in matters or finance. We hear Of the
maddest financial schemes The payment of
the French indemnity is to make everybody
rich. In Berlin there is q real estate mania
which surpasses anything ever seen in Chicago.
Men are becoming suddenly rich by founding
companies and selling the stocks TO innocent
and excited buyers as in our days of petro-
leum and eold-mining excitements. Specu-
lating firms are founding banks all over the
Empire, one firm in Frankfort having founded
seventeen alone. These banks are now
traversing the money markets with money
to lend and borrow The German
who was comfortable and satisfied with
his three and four per cent earnings,
and overjoyed when the Americans paid
him six and seven, now despises his English
and American securities and wants fifteen or
twenty out of a new stock company for plant
ing clover or transporting ioe or manufacture
ing beer. Tho simplest laws Of finance have
been so wantonly violated that, with all the
advantages Of the indemnity, Prussian credit
does not compare with the credit of oyerbur-
dened and beaten France. No law and no
military discipline can remedy this. AS Thad-
deus Stevens and his followers found in our
war, when they invented law forbidding the
advance in gold, there are some things which
absolute power cannot do The delicate and
subtle laws OF finance, which belong TO tho
highest branches of the science of political
cannot be curtailed by an edict
from the all-gracious Kaiser These laws
were never understood in Prussia or Russia
They are understood to perfection in Franco
And 80, while France seoms to rise steadily
and ride securely over the highest seas of ma
tional misfortune that ever surged around a
nation, Prussia is whirling upon Niagara of
financial disaster and ruin, the result of which
may be mere injurious than the defeat of Sedan
to France
Under these high-vaunting seas, which
sweep over the surface of the political ocean Of
the Continent, divine right and Bonapartism in
France Prussia and anti Prussia in Germany,
these plots and counterplots and ever-increas-
ing perplexties the close observer cannot fail to
see the smooth and steadily sweeping currents
towards republicanism America has shown
that republic means strength; Switzerland,
that it means peace and security; France, that
it means the confidence Of the financial world
The Empire that will lend Republic, or offer
to lend it, from ten to fifteen thousand millions
of dollars is not the Empire of the Bourbons
The nations are learning the lessons Of this
example. The mad, despairing frenzy of the
Commune threw back republicansm- seemed
to have destroyed it. But France, under M.
Tkiers has redeemed oil that was lost under
Cluseret and Deloscluse If not promaturely
in the work by the intrigues Of the
in the Assembly, he may succeed
in implanting in the minds of Frenchmcn the
same enthusiasm for republic of their own
creation as they have heretofore had for an
empire of their own selecton-an Empire Of
The French, and not Of France-and may
hand down the government in peace to his sue
cessor in the Presidency. The nationalities of
the older world are slowly, silently, surely
the wisdom Of the great men who
founded this federation Of States and of the
great men who preserved it, and the genera
ton which has welcomed and achieved eman-
cipation on the Continent of America may see
republican institutions in all their fulness and
beauty on the Continent of Europe.
Eight Hundred Men Threatened with
Destruction An Minnesota.
The continued snow blockades on the Pa