Back to Modern History SourceBook Modern History Sourcebook: Count von Beust: Memoirs of the Ausgleich, 1867 Count von Beust negotiated the Ausgleich (Compromise) of 1867, which transformed the Austrian Empire into the Dual Monarchy of Austria-Hungary. The dangers which Austria has to face are of a twofold nature. The first is presented by the tendency of her liberal-minded German population ...