GERMANY.

Colonist, Volume III, Issue 308, 2 October 1860, Page 3

GERMANY.

The German jonrna's are at present much engaged with speculations as to another meeting of crowned heads which is to take place in... Germany and which may possibly turn out to be less barren of results than'the recent congress at BadenB.i'den. The official Preussische Zeitimg of July 23 l.sHys.:— For some time past the relations' between the cahinefs of Vienna and Berlin have been much more friendly, and now a further step has been taken. In an autograph letter his Majesty the Emperor Francis Joseph has expressed his eager desire to .have a personal interview about to take pi ce"_ between the two rulers on the 26th July, at Tdpiits, will turn out favorably to the best inte- '. rests of Germany. From Frankfort we have the following despatch of duly 23:— \ . . r , ; ~ . •It is asserted that the kjngs-of-Saxony .and. Bavaria "ill riot .take-part in the interview between the Emperor of Austria and the Prince Regent of Prussia at Toplilz. The prince, regent passed through this place this morning.. He proceeds to Toplitz via Dresden. . . _ The official -, Wiener Zeitimg of July 11 published the report,, dated the 4th of June, of the national debt committee upon the state of 'the entire national debt from the beginning of 1860. The opinion of the Minister of Finance on the report of the committee is also added. The Minister's opinion is adverse''to a forced conversion'of the national debt. The report of the. committee and the opinion of the Minister thereon, have been referred to'the Reichsrath by an autograph letter of the Emperor, dated July ''10. According' to the report of the committee the entire national debt amounted, at the beginning of 1860, to 2,268,000,000 florins Austrian currency. The annual interest required amounts to 99,500,000 florins. The committee proposes the gradual con. version into 5 per cent, securities Austrian currency of all bonds in Konventionsmume not belonging to the category of lottery shares. This proposal is maintained by the. committee, on the principle that public creditors will not suffer any loss either in their interests or their capital. Furthermore, in order to avoid contracting new debts, the redemption of the national date may for the present be limited to those securities motioned in the imperial patent of the 23rd of December, 1859, which, in accordance with the promise given in the imperial regulations of the respective loans, are to be redeemed by lottery or other kind of payment. The further redemption of the bonds made in Austrian currency is to be suspended until the surplus of the public revenue offers sufficient means for their partial redemption.