The Daily Times.
Liverpool, Merseyside, England, 1860-12-01 00:00:00

talk at Vienna for some days past of a letter
which the Pope is said to have recently written
to the Cardinal. Archbishop Rauscher, in which
his Holiness announced his intention of not quit-
ting Rome so Icing as no shackles were imposed
on the free exercise by him of his spiritual power.
The King of Bavaria, in advising Pius IX. to
delegate his authority to an alter ego, made to his.
Holiness an offer of a residence in the royal castle
.of Wurzbourg; but it appears that, after mature
reflection, it was found at Rothe that the Iftvirs of
the Church„ in ad#rilan-Ce *lilt ancient councils,
are • oprtOied to the substitution of any other
person for the chief of the Catholic Church, who
may be seated, for the time being, on the Pontifical
throne, however high the dignity might be with
which the individual proposed as a substitute
-might happen to be invested:
A letter front the Prince Herat; addr.esseil to
an anonymous has been. sent ,to all the
papers. In this communication the Prince, while
protesting in the strongest .manner that his sole
desire is to see Italy " unified," declares
federation scheme,,.and ,directs some y-erY„bitter
11*-4s,.;foiltist Victor Rthilkanael. The Prince
lao..'rerziplaiits of the violence and corruption
which attended the taking of the
itf the
-two Sicilies, if there ever had been a
as
revolution of the kind in which such elements
were absent, and as if he himself would have
hesitated to avail himself, whenever necessary, of
such attkiliarieg: lie inveighs likewise, against
sundry strong measures to AkhichViCtpr Eiiimanuel
has had to resort,, iri order tb, put down revolu-
tionary own, no doubt, among the
nuthber—just as if he , would have paused an
instant ;before doing ,the ,very, Sapi,e,; !,and,'ol
..this. ,cputc.s Iwnii the ,Pen of one i,',7ho has
him
Fief More than once assisted, eon amore, in
measures of the very same kind, on the occasion'
of the establishment, in rivers of Mood,. of the
present Napoleonie rlyna,sty-'; with this little addi-
;lon ttiso,—that thousands of his reactionary, or
supposed reactionary, fellow-citizens had to take
a trip, free of,expense, to Cayenne!
Letters iront Rothe speak of the hope of an
,
aocOmniodatiori being effected between the Go-
-vernraent of King . Vieter and the Cabinet of
ienna as much More pronlising,,:o*lng ,to,the
desperate state of the Austrign finances,. This
circumstance, t.is ii.N'eited, will absolutely force'
the emperor Joseph, whether he wills it or no,
to re-consider his determination not to give up
Venetia but to force.

It is said that Count Persigny has been
detained in London, not only by the countess's
state of health, but also by the official negotia-
tions which are pending, relative to the Commer-
cial Treaty. Messrs. Cobden and Bright are
both here at present, and visited the Bourse on
Wednesday.
There are very grave rumours on the silbject
of an intention on the part of the Government to
mtgataie a progressive tax of some kind or other
Inpon collateral successions, as a compensation for
the suppression of the octrois or petty excise
duties. It is also hinted that the appointment of
M. de Forcade, as the new Finance Minister,. has
something to do*with this arrangement,

M. de-Morny accompanied the pillager •to
Compiegne, and Will, tettii:n a,long with his
Majesty at the end of the week. It is stated that
the Ministers without portfolios will receive from
the Emperor, as an absolute gift, an hotel suitable
for their residence. It is added that
buildings, in '
bite, course. of construction in the
Champs Elysees, are. destined for the accommoda-
.tion of MM. Magne and Billault.
The latest neWs I hafe heard or the Enipte4S
is, that ,she lies Written, an autograph letter to
Count Walewski, to testify to him her great plea-
"-Sure in learning that he is again to assume a high
poSition: in the service of the Imperial Govern-
ment. The state of Her Majesty's health is re-
ported as excellent ; and it is added that she will
pass three days at Windsor, and return to Paris
most probably on the 10th of next month:
Prince, Napoleon has gbne On a "little excur-
sion" to Switzerland.
Under the pressure of some important offers of
sales, the price of Rentes yesterday was found to
submit to a. reduction. It closed at 70f. 10c.
Bank Shares are firm, and Railway Bonds are
well held.

ITALY.
(FROM OUR OWN CORRESPONDENT.)
MILAN, Nov. 26.
In this communication 1 resume, as promised
in my last, the subject of the policy and meads
that are at present adopted by the Sardinian
government, to defbrit arid Bribe out of Italy
every vestige of Francis 11. of Naples and Francis
Joseph of Austria. There is scarcely one day of
the week that the journals of this country do not
invent the most exaggerated stories of the bar-
barities of the Bourbonic and Austrian Govern-
ments, and the necessity of the Italians making
every sacrifice in their power to resist to the last
any attempt to establish that iniquitous system
of government, the present benign regime being
the only true essende of liberty and paternal con-
sideration for the happiness and sovereign rights
of the people. These ate the daily themes of the
journals df Milan, Turin, the central provinces,
'the Pontifical States, and the Two Sicilies. For
being liberally paid by the government to keep
up the enthusiasm of the people, especially as the
same has more than once evinced a downward
tendency. The task of many of the Russian,
Prussian, French, and even some of our English
journals which are wider the influence of a 'power-
ful political party or individual, is to agitate as
Much as possible the subject of the cession of
Venice to Sardinia, fora pecuniary compensation,
and the necessity of compelling Austria to adopt
this triode of finally adjusting the Italian ques-
tion, -ratlicr than expose Europe to all the horrors
of a long and sanguinary war. It is but too clear
that the great object of Louis Napoleon is to
avoid -such a catastrophe, which in all human
probability would end in the long run in driving
him from the position he now holds among the
- sovereigns of Europe. It is, therefore, not at
all to be wondered that we should see the effects
of the great influence that man can command,
spread itself iu almost every country of Europe,
where every argument and plausible sophistry
are incessantly brought before the world to prove
the necessity and right of the Italians to
,demand
from Austria the cession of her last Italian
province. _
The Italian journals as usual are daily depict-
ing the position of Francis 11. as being most des-
perate, and that within the last few days a per-
fect panic has seized the King and his brothers,
and that they dare not venture beyond the bastions;
that the officers are almost frantic for having
embraced a cause tliat has no hope of success,
and that the soldiers refuse any longer to obey •
the orders of their commanders. A similar pic-
ture is drawn of the garrison of Messina, but
from private information supported by the recent
orders of the day of the Royalist General Ulloa.
I know that these accounts of the Italian jour-
nals are utterly false. So far from these reports
having even- the shadow of truth to support them,
it is well known that the soldiers at present at
Gaeta and Messina have evinced and still con-
tinue to demonstrate the most sincere loyalty
towards their unfortunate monarch; and many
whose period of service expired last month refused
to avail themselves of their right to return to
their homes. These are facts and not inventions.
It is also notorious that within the last three
months the most seducing offers have been made
on the part of the Sardinian government to the
commander of the fortress of Messina, to deliver
it up to the Garibaldini or Piedmontese, but he
has been proof against all these offers, and when
lately requested to abandon the same replied, that
he would never surrender the Citadel unless com-
manded by his sovereign ; and that in the event
of force being used, that he would defend it
to the last extreme. My latest information
from Messina is to the effect that the Pied-
montese are preparing to bombard the for-
tress. My last informed you that matters at
Naples was far from proceeding with that unani-
mity of which we read in many journals. My
letters received this morning from that city state
that Farini and the Piedmontese government is
every day becoming more unpopular with the
Neapolitans, and that every man suspected of the
slightest opposition to the existing government
is arrested under the pretext of being a spy of
the Bourbons. During the night of the 17th
instant upwards of one hundred citizens were
arrested by the Carbineers, under the pretence
of being connected with the Society of the Camo-
risti. It is also positively asserted that the— police
were ordered to arrest Colonel Nicotera and
. several hundred citizens the night preceding the,
entrance of Victor Emmanuel to that Pity, on the
charge of a conspiracy against the We of the