The Express.
London, England, 1864-07-08 00:00:00

EXPRESS FROM PARIS.

RI:MOUES OF PEACE.

(nom ous OWN

PARIS. 711critaDAT EvrifiNO.

There is a very strong tumour to-day that Den-
mark, perceiving the impossibility of continuing to
fight Austria and Prussia single handed, has made
direct overtures to Berlin and Vienna for the re-
establishment of peace. The loss of the Isle of
Alien produced a painful impression throughout
Denmark, and it is asserted here that the war party
itself, without abating one jot of its patriotism,
begins to see that resistance cannot go on much
longer, and the only wise course is to submit to the
law of the strongest. A symptom, considered as
confirmatory of the above information, is the with-
drawal by a Jutland deputy, K Ktihnel, of a ques-
tion which he had proposed to ask the minister as
to what grounds there were for entertaining hope
for the future. It would have been very embarrass-
ing to answer that question, and it is supposed that
it has been withdrawn in order not to exhibit the
spectacle of internal dissensions at a moment when
efforts are making to obtain peace on terms not
absolutely humiliating. The king's youngest
brother, Prince de Gliickaburg, is believed to be
charged with a mission of peace to Berlin ; and
it is part of his instructions to bar the claims of
the Prince of Hesse, and to obtain from the King of
Prussia a categorical declaration on the subject of
German pretensions.
The Temps, in an article noticing the importance
attached to Prince Glitcksburg's journey, disap-
proves the attempt of Denmark to enter upon
direct negotiations, which it thinks likely to deprive
King Christian of the little popularity he has
left. The only course left open to that sovereign
to emerge with some honour from • most painful
situation, is to abdicate and resign his rights into'
the hands of the Danish nation. His royalty, boon
of the London protocol, should disappear with it.
He was made a king for the express purpose of
maintaining the integrity of Denmark, awl having
failed it would imply • contradiction if he were to
persist in keeping a mutilated throne. The Temps
argues that the abdication of King Christian IX.,
not in concert with the cabinets to which he is
under no obligation whatever, not in favour of any
"agnate" or "cognate" whatsoever, but purely
and simply into the hands of the Danish
people, would in its consequences be one of the
most considerable facts of the nineteenth century.
It would convert this reign, so short, so unfortu-
nate, and so disappointing, into& great reign—"one
of the great dates of our epoch." ft would at once
achieve the Scandinavian union, and that union is
necessary to the true balance of power in Europe,
for it would repair the follies of Charles XIL and
revive that famous equilibrium of the north which
has been only a myth since the decadence of the
Swedish power. The recollection of the part for-
merly played by Sweden in the Baltic suffices to
show that the inevitable consequence of the Scandi-
navian union would be the resuscitation of Poland.
Christian IX. has now therefore an opportunity
to tender immense service to the liberties
of Europe ; and he would at the same time have
the satisfaction of drawing down certain
vengeance open the heads of Russia and Prussia.
No greater or happier consequences ever flowed
from an act so simple, easy, and opportune as this
act would be. It is rare, indeed, that fortune
gives • vanquished prince the chance to play such a
card. Such are the views of K Nefftzer, the
redecleur-en-chef of the Temps, who signs the above
article.

It appears that Austria still hesitates to recognise
George I. as King of Greece, making excuses on
the ground of the family eonnexion with the de-
posed monarch Otho. It is understood that France
and the other powers are now pressing the cabinet
of Vienna to put the diplomatic relations with
Greece, enlarged by the lonian Islands, upon a
regular footing.

The Bourse (notwithstanding rumours of nego-
tiations for peaoe between Denmark and the two
German power) was extremely heavy. Bente
closed,with a fall of 10e. both for cash and account,
at 65fr. 90c. and 66fr. foo., and Mobilise fell 20fr.
There was some talk of the Emperor not being
quite well, and this rumour gains credence from the
fact of there being no telegram positively announc-
ing his departure from Fontainebleau for Vichy
this morning, bat only a statement as " latest
news" that he " was to have left at 11 o'clock." ,

G, JULY 8,

Eltir
(angamt's TWOMPAII4 •
The Royal lit steamship Scotia arrived
Queessksigons 10 a.m., this warping, with
215 passengers sod 412,662 dole. in specie. She
landed 112 sacks of mails and 18 passengers, and
proceeded far Liverpool at 6.30 a.m. All well.

(Par the Sods.)

NBW YORK. Jun 28, Evwjo.

On Friday the Coafederatse vacated their en-
trenchments in Grant's front, and prolonged their
right flank against Grant's left, apparently to pro-
tect the Weldon Railroad against Grant's further
advanoe.

General Grant has abandoned his advance upon;
the Weldon Railroad, and returned to before
Petersburg.
In Wednesday's engagement the Confederates
claim to have driven Grant two miles from the
Weldon Railroad.

Grant and Butler's armies are suffering from
scarcity of water and the intense beat.

The New York Herald thinks the capture of
Richmond this summer improbable.

Sheridan has moved from the White House to
the south side of the James River.

Hunter reports himself victorious in every en-
gagement with the enemy, upon whom he inflicted
great injury ; but from want of ammunition and
supplies he was compelled to withdraw.
Southern journals claim that Hunter retreated
with a loss of 13 guns.
Wilson's cavalry struck the Danville Railroad
near Burkesville, destroyed the track, and moved
southward.

Stanton reports that all the railroads leading to
Richmond have been destroyed.

Sherman unsnooessfully assaulted Kenesaw
Mountain on the 24th, losing 3,000 men.
The Confederates are operating heavily in Sher-
man's rear.

NEW YORK, Jun 29, lfonow.
No engagement has taken plus at Petersburg
since Wednesday.
It is supposed that Grant will abandon further
assaults, and commence the siege of Petersburg and
Fort Darling.
Johnstone is heavily reinforcing Lee.
Sherman has been repulsed in Georgia with
heavy loss.

General Pillow was repulsed in an attack on
Fort Lafayette, Georgia.
President Lincoln has officially denied having
authorised recruiting in Canada.

COMMERCIAL INTELLIGENCE.
NEW YORK, Jon SR &ism.

Money tight. Gold, 238. Exchange on London,
257 ;on Patin, 2.27} to 2.25. Stocks dull. New
York Centrals, 1.34 ; Illinois, 130* ; Erie, 114} ;
United States Bonds, 5-20's, 103 f. Cotton steady;
middling upland, 146. Flour and wheat advanc-
ing. Corn dull. Provisions advancing. Coffee
and molasses good inquiry. Sugar is good demand
for export. Crude petroleum, 47 to 48 ; refined
ditto, 72 to 74.
The government has offered the balanoe of the
75 million Six per Cent. Loan at not less than
4 premium.

NEW YORK, Rai 29, Moss-eo.
Money tight. Gold very excited, at 248 to 250.
Exchange on London, 257 ; on Pin* 2.27 k to
2.25. Stooks dull. New York Centrals, 1334.
Illinois, 129 f. Erie, 114. United States Bonds,
5-20's, 1031.
The City of London, City of Manchester, City of
Cork, and Bavaria h►ve arrived out.