LATER FROM EUROPE. NEWS TO JUNE 2nd, INCLUSIVE.

Daily Southern Cross, Volume XXII, Issue 2810, 28 July 1866, Page 5

LATER FROM EUROPE. NEWS TO JUNE 2nd, INCLUSIVE.

A telegram from Paris of May 28 says :—ldentical notes have been despatched by England, France, and Russia, to Vienna, Berlin, Frankfort, and Florence. The invitations are said to have been favourably received, and it is believed that the representatives of the different powers will shortly assemble in Paris. The Frame asserts that the replies of Austria, Prussia, and Italy have arrived, and are all favourable. The Patrie, of May 29, says :— " Official intelligence received here from Austria, Prussia, and Italy states that these powers have, without previous concert, spontaneously resolved to let their military establishments remain for the present in static quo, so that strategic movements are now everywhere suspended." Humours are again current in Vienna relative to a plan of the Italian party of action for invading Dalmatia. A telegram from Glatz states that Prussian troop* are now concentrated there and at Landshut. A despatch dated Brussels, May '26th, says : "Among other projects for the settlement of the Venetian question, one is that Austria shall cede x part of the Quadrilateral with the adjacent territory, so as to place her in {a less threatening situation towards Italy, and give the latter a fortified frontier. But in exchange for this Austria would require territorial compensation." Austria begins to think why she should continue to oppose Russia in the Eastern question. She has done so hitherto as the policeman of Europe, and has thereby made Russia hostile to her, without, however, gaining the support of Europe in her difficulties. If, she says, she were to give Russia a^carte blanche in the East she would make a friend of her, and could then defy the western powers and Italy. The great pdwers have determined to keep the Danubian question as quiet as possible for the moment. This is undoubtedly a sort of check for Russia, who wished to see Turkey authorised to intervene, and a kind of success for Prussia and France, who are believed to favour Prince Hohenzollern. In the Russian, Austrian, and Turkish circles a different result was anticipated. A despatch dated Vienna, May 29th, says that Austria accepts the invitation to attend the Paris Conference. Up to the present the Austrian Government has mobilized six hundred thousand men, three hundred and fifty thousand of whom are intended to meet the event of war with Prussia, arid two hundred and fifty thousand for service in Venetia. The advance of the army of the North towards the Bohemian and Moravian frontier will be terminated 'in a, few days. A telegram dated Florence, May 29 bh, states that Italy alao accepts the invitation to iittend the Paris Conference. She cannot suspend her armaments, bxit she engages to make no attack during the Conference. The Chevalier di Nigra, Italian ambassador at Paris, is believed to Jhaye received from his Government instiuctions to insist, at the approaching Conference, upon the restitution of all Italian provinces at present under thej Austrian dominion, including the Italian districts of Tyrol and Friuli j but no special mention is made of Trieste. For ths voluutary cession of such provinces Italy is willing to offer certain compensation. Queeu Victoria is said to be actively corresponding •with the King of Prussia with a view to the, preservation of peace. The Italian army of operation commenced its march towards the Venetian frontiers on the 24th of May. A despatch from Madrid of May Stfth says ; " Senor Bermudez de Castro, Foreign ."Minister, has addressed a circular to the Spanish representatives abroad explaiuing the grounds of the bombardment of Valparaiso. The minister* states that Spaiu has always been ready t > sign an honourable peace. " The panic in the London money market, which was fait recovering, had suffered a slight relapse in consequence of the suspension of the Consolidated Bank of London. The Times, in speaking ofjthe failure, says : — "The disaster was incurred by some of the most extraordinary errors ever committed by business men intrusted with the property of others." Frankfort advices state that while all other stock's are dull American bonds are still well supported. English funds were firm. Consols closed at 87 1 to f . French rentes, 64f. 45c. United States five-twenties recovered lj. Garibaldi continued to work actively in Italy for war against Austria, and it was reported that Kossuth had commenced to stir up the Hungarians to aid the cause of Italy. -

By the arrival of the steamship 'Hibernian' at Father Point, New York, wo have later dates from Europe to the Ist instant— one day later. Telegrams from various points confirm the statement that Austria, Prussia, and Italy have accepted the invitation to the Conference. A committee of the federal Diet has also resolved to accept the invitation given the German Confederation to the Conference, and would probably elect Baron Yon De Pfordten, the Bavarian Minister for Foreign Affairs, as their representative. It is stated that the different Ministers of Foreign Affairs would represent " their respective Governments. From Vienna, however, it is stated that Austria would not be represented by Count Mensdorff, but by Prince Metternich, Count Blume, or Baron Meysenberg. Various conflicting statements were made as to the programme for the Conference and the terms of acceptance of the armed Powers. It is asserted that Austria categorically refuses all propositions relative to the cessiou of Venetia j that she calls for the convocation of the estates of the Duchies to settle* the Schleswig-Holstein question j and demands that the Congress shall not be competent to discuss any pioposal for reform of the Federal Constitution. Prussia is also said to demand that the Conference shall not discuss questions relating exclusively to the internal interests of Germany, and that its'deliberation shall speedily prove that a real prospect exists for the preservation of peace. The note of the French Government inviting theFederal Diet to send a representative to the Coufetence states the objects of the Conference to be a diplomatic settlement of the quest ons of fechleswigBolsteiu and Venetia, and also federal reform au it affects European equilibrium. The note concludes as follows: — "The Government of the Emperor trusts that the powers who have made preparations f'>r war will, if they accept the proposed conference, suspend their ai moments even if they should &cruple to restore their military establishments to a peace footing." it was thought probable that the Emjeror Napoleon would be the president of the Conference. Notwithstanding that all the powers had consented to the Conference, warlike preparations continued on a tremendous scale. Many thousands of men are already engaged on the fortifications of Vienna. The army head-quarters were about to be trans- . ferred to Prague, where Field-Marshal Beuedek will -* shortly inspect the troops. It is reported that a strong Prussian corps of observation was being concentrated on the frontier of Prussia, near Silesia and Galicia. A telegram from Kiel reports an affair between Austrian and Prussian troops.. No deaths occurred. An official inquiry had been instituted. A Prussian patiol had endeavoured to inspect the Austrian troops on the frontier near Naohod. A decree had -been issued at Florence for the formation of twenty additional battalions of volunteers, two battalions of berßaglieri, and a squadron of guides. It i« Asserted in. the Beilin journals that Auilri» was in treaty with a Polish leader, who distinguishedkimself in the Polish insurrection, with the view of

placing bim at the head of a rerolution ia Prussian Poland. , * The great prize of Paris was won by an English how, the property of the Duke of Beaufort. There -iva*agre*tdMpUyof the incongruous material which constitutes the " fashionable world" of France on the course of Longchauipg.

Th# following summary appears in the Panama Star and Herald: — -ARRIVAL OF THE WEST Ii\ T DI\ MAIL. The R. W. I. mail steamer i Tamar,' Captain Moir, from St. Th.mas, with the Southampton mail* and passengers of the 2ud June, arrived at Aspinwall at 4 p.m. on the 21st instant. Passengers : From London for Auckland, Rev. R. and Mrs. Maunsell. - From London for Melbourne — "Rev. J. Poore. From London for Wellington— Mr. B' 0. Smith. Fro» . Southampton from Auckland — Mr. G. Gibson. Cargo : For New Zealand and Australia, 104 package*. For Panama, 198 packages. For South Pacific, 350 packages, and watches and jewellery, value, For North Pacific, 57 package! . For Central America, 84 packages. A telegram from Paris, last eveninsr, says Earl Clarendon, Prince GortschakofF, Count Bismark, and General Marmora have officially announced that they will shortly arrive in Paris for the opening- of the Conference. The reply of Prussia accepting the invitation to the Conference was the first to arrive, and this fact is looked upon as a sign of the peaceful intentions of that power. The Prussian Government declared in this reply that it was ready to disarm %s soon as the military measures threatening Prussia were, discontinued. Vienna papers assert that Queen Victoria has addressed a letter to the Empress of the French, asking her Majesty to use every exertion on behalf of the preservation of peace. .from Frankfort we have a telegram announcing that intelligence published there states that Turkey had addressed a despatch to the Great Powers, in which she persists in demanding their assent to her occupying the Dauubian Principalities. The Great Powers, and particularly France, warned the Turkish Government, in reply, that such an occupation might prore fatal to Turkey, and they therefore hoped that the plan would be abandoned. Commercial. — although the stock and share markets are gradually recoveriug, great caution i 3 exercised by speculators, they as yet being the only operators. Several stoppages have again occurred, during the fortnight, and it is evident that much uneasiuess still exists, and transactions jvdl for some time be restricted. There is no confidence in a pacific settlement of the Prusso-Italian' question. The demand for money is fair, but there is now no pleasure at the Bank. High rates are still euforced, the official minimum of 10 per cent, being about the average with bankers and brokers alike. ' Consols — money, 87$-4; Consols— account, 86J-J; India Stock, 21 ; India 5 per cent, 1064-6 ; Brazilian 5 per c;nt , 69£ 9 ; Chilian £ per cent.,|9o£ ; Mexican 3 per cent., 17|-174. The colonial produce market continues very flat owing to the state of monetary matters. Coffee : A large supply has been offered and disposed of at a further reduction. The market continues very dull. There appears no tendency as yet towards the attainment of a steady trade. Cocoa meets with a fair demand, and Trinidad brings stiff rates.