Rensselaer Gazette, Volume 3, Number 14, Rensselaer, Jasper County, 27 July 1859 — LATEST FROM EUROPE. [ARTICLE]

LATEST FROM EUROPE.

Declaration of Peace—News Highly Important—~T He Pope Honorary President of Italy. Farther Polmt, July 24. The steamer North Britan, from Liverpool, on the 13th, bound for Quebe6> has oee n intercepted off this point and a '.host important budget of news obtained. The adv : cee by the North Britan are four days later and are of a highly important character, both in R political and financial point of view, " , . The following is a copy of the telegraph dispatch from Napoleon to the Empress, announcing that peace has been concluded. “Vallegio, July 11. “A treaty of peace has been signed between the Emperor of Austria and myself, on the following terms: “The Italian confederacy is te be under the Honorary Presidency of the Pope. “The Emperor of A stria concedes his rights in Lombardy to the Emperor of the French, who transfers them to the King of Sardinia. “The Emperor of Austria preserves Venice, but forms an integral part of the Ital iun Confederacy. Signed, Napoleon.” Th“ dispatch of the Emptror, announcing the conclusion of peace, was bulletined in Paris on the 13th, when French funds immediately arose 2| per cent. The news did not transpire in London till alter the official closing hour of consols, the sales of which were made afterward at 96|. The London Daily News says the just hopes and expectations of Italy are deceived, | and history will call Napoleon to strict ac ; count tor having made war on false pretences and signed a mock and selfish peace tha' leaves Austria impregnably fortified In the heart of Northern Italy, and commits the center of Italy to the patronage of the P -pe. ; The closer we examine this pretended pucl ification the more futile and iniquitous it : appears. The Times says France has spent £SO. 000,000 sterling, and 50,000 men, only to give Milan a Piedmontese instead ot an Austrian-Minister; to establish the pope in a temporal dignity, even beyond his imagination. Is all this real! The Emperor’s game must be a long one. The Paris Moniteur expla ns the circumstances attending the armistice. It says that the great neutral powers exchanged communications with the belli erents, offering tueir mediations, but they were unsuccessful until the French flee* was about to co mence hostilities against Venice, and a conflict before Verona was imminent, when Napoleon, anxio is to prevent further bloodshed, ascertained the disposition of the Em peror of Aus ria, and finding him willing, an armistice was concluded. The two Emperors had sn interview, on the 1 It I ', at Villa Franca. Nanoleon was to leave immediately for Paris, leaving the anny under the command of Marshal Vuillant,. It was reported that Kossuth was to propose n monarcbial gnver'smvnt ior Hungary. Cyrus W. Field is a passenger in the North Britan- He has accomplished the object of his visit. The announcement -iftmo: b..t. < en .... be, ligerent powers .va t read in the House 1 of Lords ar.d th-..- Comm -ns, on the 12th, j and was rece' .—d witu i-iu-i and prolonged i chcc. 3. Prussia.—lt rum -red at Berlin that ; the Emperor oi Russia would soon arrive j there to attend the .amily Con r erence touching the disposal of the crown after the abdication of the King. It is to be decided by t lis conference whether tie crown shall be conferred on the Prince Regent or his son, Prince Frederick William, after the abdication of the King. Naples. —An unsuccessful attempt on the 7,th inst., at a revolt among the soldiers, was met by a discharge of artillery from those who remained faithful. About forty were killed.