Excerpt from The World's Great Events, Vol. 7: An Indexed History of the World From Earliest Times to the Present Day; From A. D. 1848 to A. D. 1899 The scandal of the Gallacian rising had been but the most flagrant of a multitude of proofs of the utter bloodlessness of the Aus trian administration. From the news of the February Revolution the government of the Hofburg could draw no better moral for the Viennese than the tendency of all consti tutional government to degenerate into Com munism. But the loyal Austrians were in a mood to accept the risk. Rather a constitu tional hell than an absolutist paradise! Was the cry - and Austria in 1848 was by no means a heaven. The state was on the verge of bank ruptcy; and, since no accounts were ever pub lished, the popular imagination painted affairs even worse than they were. The proclamation of the government, calling on the people to rally to the throne, was answered, on March 4, by a run on the banks, and a political would have followed the financial crisis, even with out the impulse given to it by events in Hungary. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.