NOVEMBER 7th, 1851.
WE have now to consider Austria; that country which, up to March, 1848, was sealed up to the eyes of foreign nations almost as much as China before the late war with England.
As a matter of course, we can here take into consideration nothing but German Austria. The affairs of the Polish, Hungarian, or Italian Austrians do not belong to our subject, and as far as they, since 1848, have influenced the fate of the German Austrians, they will have to be taken into account hereafter.
The Government of Prince Metternich turned upon two hinges; firstly, to keep every one of the different nations subjected to the Austrian rule, in check, by all other nations similarly conditioned; secondly, and this always has been the fundamental principle of absolute monarchies, to rely for support upon two classes, the feudal landlords and the large stockjobbing capitalists; and to balance, at the same time, the influence and power of either of these classes by that of the other, so as to leave full independence of action to the Government. The landed nobility, whose entire income consisted in feudal revenues of all sorts, could not but support a Government which proved their only protection against that down-trodden class of serfs upon whose spoils they lived; and whenever the less wealthy portion of them, as in Galicia, in 1846, rose in opposition against the Government, Metternich in an instant let loose upon them these very serfs, who at any rate profited by the occasion to wreak a terrible vengeance upon their more immediate oppressors. On the other hand, the large capitalists of the Exchange were chained to Metternich's Government by the vast share they had in the public funds of the country. Austria, restored to her full power in 1815 restoring and maintaining in Italy Absolute Monarchy ever since 1820, freed from part of her liabilities by the bankruptcy of 1810, had, after the peace, very soon re-established her credit in the great European money markets; and in proportion as her credit grew, she had drawn against it. Thus all the large European moneydealers had engaged considerable portions of their capital in the Austrian funds; they all of them were interested in upholding the credit of that country, and as Austrian public credit, in order to be upheld, ever required new loans, they were obliged from time to time to advance new capital in order to keep up the credit of the securities for that which they already had advanced. The long peace after 1815, and the apparent impossibility of a thousand years old empire, like Austria, being upset,increased the credit of Metternich's Government in a wonderful ratio, and made it even independent of the good will of the Vienna bankers and stock-jobbers; for as long as Metternich could obtain plenty of money at Frankfort and Amsterdam, he had, of course, the satisfaction of seeing the Austrian capitalists at his feet. They were, besides, in every other respect at his mercy; the large profits which bankers, stock-jobbers, and Government contractors always contrive to draw out of an absolute monarchy, were compensated for by the almost unlimited power which the Government possessed over their persons and fortunes; and not the smallest shadow of an opposition was, therefore, to be expected from this quarter. Thus Metternich was sure of the support of the two most powerful and influential classes of the empire, and he possessed besides an army and a bureaucracy, which for all purposes of absolutism could not be better constituted. The civil and military officers in the Austrian service form a race of their own; their fathers have been in the service of the Kaiser, and so will their sons be; they belong to none of the multifarious nationalities congregated under the wing of the double-headed eagle; they are, and ever have been, removed from one end of the empire to the other, from Poland to Italy, from Germany to Transylvania; Hungarian, Pole, German, Roumanian, Italian, Croat, every individual not stamped with "imperial and royal authority," etc., bearing a separate national character, is equally despised by them; they have no nationality, or rather, they alone make up the really Austrian nation. It is evident what a pliable, and at the same time powerful instrument, in the hands of an intelligent and energetic chief, such a civil and military hierarchy must be.
As to the other classes of the population, Metternich, in the true spirit of a statesman of the ancien regime, cared little for their support.
He had, with regard to them, but one policy: to draw as much as possible out of them in the shape of taxation, and at the same time, to keep them quiet. The trading and manufacturing middle class was but of slow growth in Austria. The trade of the Danube was comparatively unimportant; the country possessed but one port, Trieste, and the trade of the port was very limited. As to the manufacturers, they enjoyed considerable protection, amounting even in most cases to the complete exclusion of all foreign competition; but this advantage had been granted to them principally with a view to increase their tax-paying capabilities, and was in a high degree counterpoised by internal restrictions on manucfactures, privileges on guilds, and other feudal corporations, which were scrupulously upheld as long as they did not impede the purposes and views of the Government. The petty tradesmen were encased in the narrow bounds of these Mediaeval guilds, which kept the different trades in a perpetual war of privilege against each other, and at the same time, by all but excluding individuals of the working class from the possibility of raising themselves in the social scale, gave a sort of hereditary stability to the members of those involuntary associations.
