FOREIGN NEWS.

Wellington Independent, Volume VI, Issue 1694, 24 January 1862, Page 3

FOREIGN NEWS.

The great event of the month in, France^ 'fi\ has been the announcebaent by the Government of its financial diffiodltfes* '^^EKiaiiv-t deficit aoknowledged^^^6J^W^ps £40,000,000. ..-.-'• ■A^-';^ommm

The Emperor surrenders for the future the prerogative of controlling the finances of the slate, and has appointed M, Fould, as .Minister of Finance. The Italian Parliament re-assembled on the 20th November, aud the final proposilions made to the Pope, and rejected by him. hava been communicated to the Chambers. The following is a summary : — Tae Pope and the Cardinals are to prestrve their dignity and inviolability. Fullliberyis guaranteed lo the Sovereign Pontiff for his acts of divine rights as chief of the Church. The Pope is empowered to send nuncios to communicate With the b : shops and the faithful, and to , convene c yn>ds and councils without the intervention of the Government The King of Italy renounces his right in re spect of ecclesiastical benefices. The Italian Government relinquishes all right of interference in the nomination of bis- ! hops. The King of Italy will guarantee to the Pope a certain revenue. Austria has communicated to the foreign Governments that the measures taken towards Hungary are essentially j provisional until that country accepts the privileges granted by the Crown. Prussia has proposed certain reforms to the States ofthe Zollverein, from which she will withdraw if not acceded to.

The system of military repression cont:nues to be carried out in Poland with great brutality. The administrator of the Archbishop of Warsaw has been arrested. The churches at Warsaw are still closed, and numerous arrests are daily made, followed by banishment to Siberia, &c. The financial difficulty which has terrified Louis Napoleon, menaces Russia also with an administrative collapse, as the Government is embarrased for want of means, and the troubles with the serfs are thickening.