NEWS OF THE WEEK.
THE Times' correspondent at Vienna forwarded on Wednes- day an immensely long telegram about Bulgaria, in which, as we read it, he is trying to convey something he does not exactly like to say. His information is clearly official, and appears to amount to this : that Prince Bismarck, in his inter- view with the Czar, in order to conciliate him, agreed to allow Russia to re-establish her influence in Bulgaria "according to the Treaty of Berlin," and that he is pressing Austria- Hungary to follow the same policy, and refrain from " favour- ing " the existing Administration in Sofia. Prince Ferdinand is never to be recognised, and Bulgarian Loans are no longer to be issued by Viennese firms. This is rather serious for the Austrian Government, as well as for that of Bulgaria. The Emperor of Austria wants to show his Hungarian sub- jects that the German alliance is not one-sided, as many of them say, but permits him to follow their steady policy of resisting Russia; and to be obliged to conciliate Russia because of the alliance will be galling. Moreover, Prince Ferdinand, who is sometimes very sick of his position—he has got ten Bismarcks rolled into one for a Premier, a man boiling over with energy and domineeringness—may abdicate, and then Russia may make a determined effort for supremacy in the Principality. The correspondent ends with the words :—" It is vain to disguise that the maintenance of peace under the new conditions must depend to some extent on the action which M. Stambouloff [the Bulgarian Premier] may take." That is, under the conditions of that telegram, a very serious remark.
