The Express.
London, England, 1866-04-16 00:00:00

Several generals, among whom is General Bene-
dek, are expected in this city. In the event of
war volunteer corps will be formed, not only hero
but in Vienna, Gratz, and Pesth.
It is stated that Austria, Bavaria, and Saxony
have agreed to carry out a reform of the Federal
constitution without any reference to the success
or non-success of the scheme proposed by Prussia.
The government is said to intend issuing a paper
I currency in notes of one and two florins, which
would be declared a legal tender. The total
amount of this currency would be 100 millions of
florins.

It is stated that the National Bank of Austria
contemplates calling in all bank notes of a lees &-
nomination than 10 florins.

Exchange on London, 27i, 27k. Sugars, whites,
3,800 to 4,000; browns, 1,680 to 1,700 rein. Cot-
tons, 17,500 to 17,600 rein.
The Royal Mail Company's steamship Oneida,
with the outward mails, arrived here on the 28th
ult. _ .

BUENOS AYRES, MAaca 14.

Exchange on London, 52i to 53. Dollars, 26.05.
Wet salted hides, 311 for 601 b. Dry hides, 35 for
221 b.

RIO DE JANEIRO, MARCH 25.
The allied army crossed the Parana on the 14th
Mat.

The Princess Leopoldine has given birth to a
Prince.

The Bank of Brazil will not be wound up.

THE ALLEGED PRUSSO-ITALUN TREATY.

BRUSSELS, APRIL 14.
The Indtlpendance Beige publishes a despatch
from Frankfort expressing the belief that Austria I
will provisionally defer proposing in the Diet that I (REUTER'S EXPRESS.)
the Federal army should be placed on a war I VIENNA, APRIL 12.
footing. The Notes Freindenblatt publishes the following
The Indipendanee Beige adds :—" This despatch, particulars as to the alleged offensive and defensive
together with other information reaching us at the treaty of alliance between Prussia and Italy :
present moment, leads us to suppose that the ques- Italy engages to declare war against Austria as soon as
tion of armaments will shortly be satisfactorily Prussia shall have either declared war or committed an
settled by the confidential overtures stated to have act of hostility. Prussia engages to carry on the war until
the mainland of Venetia, with the exception of the fort'
been made by Austria to Prussia. The settlement reuses and the city of Venice, either is in the hand/ of the
would consist in a mutual and simultaneous dis- Italians or until Austria declares herself ready to cede it
armament." voluntarily. The Prussian government further engages to
obtain for Italy the possession of the mainland of Venetia
always excepting the fortresses, anduill guarantee to Italythe
maintenance of her present possessions. King Victor Em.
manuel upon his part declares that he will attack Austria
upon the Mincio with 80,000 men, and will throw 40,000
across the Po; at the same time the Italian fleet will
cruise in the Mediterranean, will occupy the Austrian men-
of-war, and make an attack upon Venice. King Victor
Emmanuel further promises not to lay down his arms until
the Prussians shall be in legal possession of the Elbe
Duchies. The treaty is dated March 27, 1866, and signed
by both courts.

HAMBURG, APRIL 14.

A rumour of Count Bismarck's resignation was
current here to-day, and had a favourable influence
on the Bourse. No credit is, however, attached to
the report.

VIENNA, APRIL 14.

The state of affairs continues very serious. All
the intelligence received is warlike. A courier has
arrived from Berlin with despatches for the Prus-
sian Ambassador at this Court.

VIENNA, APRIL 15.

It is stated that several of the middle States are
preparing a declaration, to be brought forward in
the Federal Diet, refusing to take the Prussian
motion for the reform of the constitution into con-
sideration before the great German Powers have
demobilised.

SrPPOSED FOUNDERING OF ANOTHER LARGE
STEAMER WITH .ILL ON BOARD.—Another new large iron
screw steamer, similar to the ill-fated London—Amalia
and Grenadian steamers, is, we regret to say, believed to
have foundered, with every soul on board. She was the
Nerbudda, 1,357 tons register, commanded by Captain
Hardy, belonging to the Bombay and Bengal Steam Shipping
Company, and was considered a first class steam ship,
having been built under special survey of Lloyd's surveyors.
She was only launched last summer from Messrs. T. Ver-
non's shipbuilding yard at Liverpool, and having received
her full equipment she sailed from that port for Bombay on
ISth Nov. last, with a crew of about 50 hand.. There is no
doubt she encountered the full fury of those disastrous gales
which from that time until the mouth of January swept
the Atlantic. The New York packet ship Albion, which
arrived at Liverpool on the 21st November, epurted
having signalled her on the 19th, in lat. 50 N., loug. Ii W.,
she was then apparently in distress, being under canvas
only, but the weather was too heavy for the Albion to bear
down for her. As time wore on the premium to effect
insurances on her gradually increased, until at last it stood
at 83 guineas net per cent. This was upwards of a month
since, and since then the underwriters have settled their
loss under fall belief that the unfortunate steamer
has foundered, and will never be herusl of. She was con-
sidered as strong a built steamer as ever went to sea. Her
extre ne length was 260 feet ; breadth of beam 34 feet 3
inches ; depth of hold, 21 feet 3 inches ; ship rigged, with
engines of 240 horse power, and built with four watertight
compartments. It is reported that insurances were effected
on herand her cargo to the extent of 80,00 W.
THE ADVANCE OF WAGES MOVEMENT IN THE
BUILDING Taal/E.—lt will be recollected that when
last August the London building operatives succeeded in
obtaining an advance of one halfpenny per hour on the then
rate of wages, making the remuneration 7jd. per hour,
for a day of 10 hours, the masons and joiners gave notice
another half-

Wurtemburg and Baden are said to be ready to
join Bavaria in forbidding the exportation of
horses from their territories.

MUNICH, APRIL 14.

The official Bayrisehe Zeitung of to-day SAyS,
"We learn that the Bavarian government has
taken steps in order to prevent the present diffi-
culty between Prussia and Austria from assuming
a more serious aspect."

COBURG, APRIL 15.

The Coburg Gazette states that, on the 7th inst.,
Austria addressed a note to the Prussian govern-
ment, energetically reiterating her previous denials
of the Prussian assertions respecting Austrian arma-
ments, and insisting upon the demobilisation of
troops by Prussia, in order to confirm the pacific
declarations of that Power.

THE HUNGARIAN DIET.
PESTII, APIUL 14, Evxxixc.
Both houses of the Diet sat to-day for the first
time in the new building.
The President of the Lower House, in opening
the sitting, expressed the wish that the welfare of
the country should soon be established on a firm
basis, and said that the only means by which it
could be secured was the re-establishment of a
legal and constitutional state of things in Hungary.
He stated also that the country earnestly desired
that the Emperor should soon be crowned King of
Hungary.

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