AUSTRIA. (From the Times Correspondent.) Vienna, May 15.

Daily Southern Cross, Volume XII, Issue 855, 7 September 1855, Page 2 (Supplement)

AUSTRIA. (From the Times Correspondent.) Vienna, May 15.

The revival of the idea of the re-establishmpnt of Poland will carry consternation into the enemy's camp, and will hardly fail to rouse Austria and Prussia to a sense of the extreme danger to which they will be exposed should the war be long continued. The journey of the Duke of Coburgh to Paria has not passed un« observed, and in official circles it is believed that he has again brought forward that project relative to the recoustitution of Poland which he produced here about a year ago. The co.isequence of the alarming sound produced by the great drum called "Poland," will certainly be, that Austria will make another urgent appeal to the German Diet, and point out to that most tiresome, executive Power that the danger of a general conflagration is great. Prussia continues to make advances to Austria, but the latter is not at present likely to agree to any propositions of a retrogade nature. As long as her proposals were under consideration she thought fit to exercise some moral pressure ou the Western Powers, but she appears during the last day or two to have fallen into her former track, and to desire "to toddle along in the wake of her allies. It is whispered that a Conference will be held in a day or two, and it is not unlikely that such will be the case, as it is very generally believed that Russia will, ''for the sake* of Germany," agree to submit to some limitation of her Black Sea fleet. M. BismarkSchonhauseu, the Prussian Minister at Frankfort, having been summoned to Berlin, has temporarily intrusted his pdwe'rs'to Count Rechbergh, the representative of Austria. This circumstance, trifling as it may appear to laymen, is to professional correspondents a satisfactory proof that the relations between Austria and Prussia have greatly improved.