German Papers.
It woult certainly bc doing injustice to the public here, to ascribe ftie interest it takes in great political events to regard for iLs mercan- tilc interest only, and to accuse it of indifference to all events -hich do not immediately affect it. lf the late change Ia the head of the French Monarchy may be considered in this point of view, yet the ympathy it showv at this moment in the unhappy fate of the ex- kmperor Iturbide cantot well be explained, except from the per. tonal regard which that remarkable man inspired during his visit here last apring. Persons, who at that time met with him in com. nany, are quite at a loss to explain the rashness of his last enterprise, ecause in private intercourse he showed so remarkable a degree of understanding and prudence, that when tihc newspapers had placed the object of his voyage beyond all doubt, they could not help being persuaded that he would niot commence the execution of his exten. aive projects witkout a probable hope of success. He had given us bere to understand that the lower dasses of the poople and the clergy -were sincerely attached to him; and though he by no means explain. ed his views, he had excited such a prejudice in his favour, that his transient appearance sufficed to rmake people ascribe to him plans xof the greatest Importance, and to take it for granted that the first Mreps, Bt least, would not be without success. The death of Louir XiVl l,more thanany other event, reallsto the trecollection of our politiean& the rematkable epoch about nine years ao when the conclusion of the Holy Alliance laid the foundation or to present grand system of European policy. At that time people -were prettygenerally persuaded that the duration of this compact -depended on the characters ofthe august contracting parties, because at was an expressien of their elevated sentiments, and the result of a adiplornatic negotiation. We now observed, that it evidentlv escaped tbe notice of the crowd, astonished at the greatness of ibe object, that epinnciple, true in itself, under wbatever fori it may have been caled fort into practical politics, always Carries in itself the :pledge of its duration ; as on the other hand, all treaties dic- tate merely by the necessity of the moment have within them the seeds of their dissolution. Of this truth, which is placed lbeyonddaoubt by theory and the experience of ages, we have had cagaiu a- opportunity of convincing our6elves, when, since that re. nmarktble period of the Holy AUiance, a complication of relations took place vhich the momentary interests of the several states united bz the Alliance seemed to be to involved, that nothing but a sneans almost urknown in ancient diplomacy-viz. the strictest in- junction of the meral law, thatdis to say, an abso;ute disregard of Ull elfish motives--could give the partier concerned sufficient energy toneglectall theseinterests, and makc them subordinate to the gencral objecrs of the Alliance. But even these actual evidences of unhaken -consistency,this persevplng adhercnce'totheprinciple,werenotyetsuf ficienttoconvince all the sceptics;andtheyalways returnee totheirori ginal assertion,thas the present 8ystem ot the great Cabinets could not be permanent, because it entirely depeaded on the petsonal character of itaaugust foaurders-that, con sequently, the edifice resting on its foundation must fall to ruin as soon as one of its supporters should submit to the common lot, nortality. His time is now eome, and. every thing indicates that incredulity will be again pitt to shame. The.death in question is indeed too recent for any one to pretend to calculate beforehand, with mathematical certainty, all its Possible consequences: but as far as a fact Rhich pases before our cyes can authorlte anlogous conclusions, there is no rea- son to appreiand> an- gocl-to the general sy8tenm from that a6ly-etent- -W8- a21ude to the opinion -already express. ed in fact bo -th?- majo"rity of our mercantile. world, which, as matters now stand, is of conrsiderable weighit. An our spe- culators, who were in expectation of a declinc in the funds, have beeas deceived; and Immedlately on the arrival of the news, an ex- eraordlnary activity was observed, the demand exceed - t ie supply, and funds of every description immediately rose. Ti isfffi' bTe,. that ht the same moment the former scarcity of money. hbs itiddhffy ceased, most tralsactions :rre done for ready cash, and discounth-at fallen to S Eper cent. Though the French tunds, since the re-opnA iDg of the xxchange, are noted rather lower than priYate accot@nts had slated them, it seems certain that the change of the 1150narch wni i cause no changeof system in theadministratlon of rrance,aud the gpblic funds continue to rise in our market...A1gemeiixa Zcitmng. | GERMIAN PAPERS. FRANKFOlt'1 iSEPTE.%fRw7 2.-