LATEST NEWS OF THE WAR. (From the San Francisco "Bulletin.")

North Otago Times, Volume XV, Issue 596, 3 February 1871, Page 3

LATEST NEWS OF THE WAR. ( From the San Francisco " Bulletin." )

It is rumored that Prussia has informed the Government of Luxembourg that she is no longer bound by the Treaty of 18t>7. An influential committeo ha3 bceu formed in London, with Thomas Hus>hes as chairman, for the purpose of exacting nil possible security for the mamtennnce of peace with America. The committee, which was formed some time since, considers it inexpedient to take public a-itiou until tho Eastern question is settled. Tho impression is prevalent that the extreme Canadian view of the fishery dispute cannot bo sustained. Tho proposal to buj tho Alabama claims is regarded as n big job, commenced by a clique who have already purchased the claims at a small fi«ure, intending to mnko a hundred per cent. They are confident the Government would rather have such a large order, and inuke tho gvi -vances seem greater. The leport is curreut that John Bright is to be sent to Washington to negociate the settlement of Ihc Alabama claims and the Fisheries question. It is reaffirmed that Russia has ordered a hundred mitrailleuses and a million metallic cartridges from America. The " Post" sees no hope of better relations with America, as the Americans avoid or are driven from political life. Men lika Butler wield the political influence, and ostentatious courtesy is shown nations auppoeed to be friendly with England. The " Times " asks no indemnity for insults heaped on England in consequence of the Alabama matters, but craves a settlement of the claims, not merely because they ore just, but as inaugurating between tho two nations a feeling of cloie amity. The impi-ession in the clubs to-night, Dec. 7, is that the hopes of the Fiench Imperialists are greatly strengthened, and that the Prussian Government is decidedlj favorable to tbe restoration of the Empire. The health of the Emperor hao wonderfully improved. " La Citoyen," published in London, in an editorial to-day, 8iiys further resistance on the part of tho French will end in anarchy or the permanent occupation of the couutrj by the conquerors, or tho armed intervention of neutrals. Intervention would be worse than either anarchy or foreiun occupation. The guilt of foieuu resistance would not be on tho men of tho Fourth of September, but on the councillors of the Empire, who prevented tho Empiess from making terms after Sedan. Tho Senators of the Empiie, the Empress presiding, must now meet and make peace with a conqueror. The London Clubs are full of rumors to-night, Dec. 9, of a speedy consummation of arrangements for peace and the restoration of tho Empire. Great significance is attached to the manner in which the Empress has been received by Queen Victoria at Windsor. The feeling is strong that victory for France is hopeless under the Republic Private advices from all parts of France indicate a reaction everywhere in favor of the restoration of the Emperor, the people contrasting twenty years of order and prosperity with the present misery and anarchy. The Tours Government has proved incompetent either to conduct the war or negotiate peace. Napoleon refuses to sanction any scheme for his restoration at precent, sayinsr hi3 p irt is silent inaction until the Republicans either capitulate or are dispersed.

A Street Conversation.— (Scene outside the "Argus" office, on the at aval ot the English mail ) Fienchman. — By gar, sn, 1 don't caic von dam. I vil vager tlut do French soldiers willj'etdiink the Rhine wine in Potsdam. Prussian.— Don' you pehef it, my poy. Bismarck vont give his piisoners wine. - Melbourne Punch.