5 JULY 1879, Page 3

Prince Bismarck is carrying out his new policy to the

end. His new party has carried the Tariff Bill for him, and will carry the Bill making all the Railways the property of the Government. He will, therefore, as he believes, place the Government of the Empire in command of suffi- cient funds for all purposes, and even if, as is now proposed, the surplus of the new revenues should be distributed among the contributory States, that will only increase the .hold of the Empire over them. It now re- mains to pay the price agreed on for this support, and conse- quently Dr. Falk, the Minister of Education, has resigned, and has been succeeded by au unknown and obedient official. Herr Hobreoht, Minister of Finance, has also resigned, and has been similarly replaced. A now Concordat is being arranged with the Pope, and the German Chancellor, flitting from the leader- ship of one party to the leadership of another, has always a majority, and always wins. It is personal government subject to the registration of Parliament, as Louis XIV.'s rule was personal government subject to the registration of the legal Parliaments. The system, strange as it is, works,— only as Prince Bismarck is not immortal, as well as omni- potent, one is puzzled to conceive what is to succeed it.