At first I hadn´t noticed, playing the HRE (I´ve got the German version), but trying a custom battle as France, you´re right, no elaborated speech. It´s quite a cheat to those not having the English version, in my opinion.
Maybe I should get an English copy, there are cheap ones on E-bay. But then again, does the English version have full speeches for every faction (or at least the factions playable from the start)?