The Express.
London, England, 1866-08-02 00:00:00

TELEGRAPHIC INTELLIGENCE.

(utuyinee mamma)
THE WAR.

EXTENSION OF THE TRUCE BETWEEN
AUSTRIA AND ITALY.

VIENNA, Aram 1.
The trace between Austria and Italy has been
extended for another eight days, in order to allow
of the negotiations for an armistice being con-
cluded within that time.

NUREMBERG, Amon I.
The reserve army commanded by the Grand
Duke of Mecklenburg, the vanguard of which
arrived yesterday, is expected here to-day.

THE PRELIMINARIES OF PEACE
BETWEEN AUSTRIA AND PRUSSIA.
BERLIN, Amon I.
According to the particulars that have at pre-
sent transpired the preliminaries of peace agreed
to between Austria and Prussia are to the follow-
ing effect With the exception of Venetia, Aus-
tria suffers no loss of territory, but alse cedes her
coliostission of Schleswig-Holstein to Prusaia.
Saxony, the only one of the German
States included in the Anstro-Prussian treaty,
will alio preserve her territorial integrity, but
with the reserve of further stipulations relative to
her position in the North German Confederation
and towards Prussia. Austria pays Prussia a war
indemnity of 40,000,000 thalers, from which
15,000,000 are to be deducted as the share due
to Austria of the former Schleswig-Holstein war
expenses, and 5,000,000 for further coats arising
out of her occupation of the Duchies. Until the
payment of the remaining 20,000,000 thalers may
be considered as secured, Bohemia and Moravia
will remain in Prussian occupation. Austria

....._
secedes entirely from confederation with the
German States, and recognises the formation
of a close confederation of the North
German States, under Prussian leadership.
An alliance between the South German
States and the settlement of their relations to the
North German confederation are left for a free
understanding between those States. Austria re-
cognises the changes of territorial possession to be
effected in North Germany. As such are to be
understood the arrangements which Prussia will
make with regard to the countries now in her mili-
tary occupation—that is to say, the King of Prussia
is entitled by the laws of war to retain Hanover,
Electoral Hesse, that portion of the Grand Duchy
of Hesse to the north of the Maine, Nassau, and
Frankfort, without negotiation with their former
possessors. The restoration of any one of
those sovereigns would be an act of grace
on the part of the Prussian Crown ; but the
restoration of individual portions of those States
and their consequent division would probably be
regarded with great disfavour by the populations,
and entail serious political consequences, it is
therefore considered desirable, and it is probable,
that the above-mentioned States will be perms-
.

nently united with Prussia. The peace prelimina-
ries do not, however, contain special stipulations
on this point, entire liberty of action being left to
Prussia and recognised by Austria.
The Proviaciat Correspondence of to-day contains
an article dwelling upon the great services rendered
by the Emperor Napoleon in the negotiations for
peace. It says :" In the important position which
he occupies his Majesty has not sought anything
for himself, save, however, fame and the merit of
rendering his great reputation available in bringing
about a just peace. He has been able to labour for
the completion of the work he had commenced in
tho establishment of a free and united Italy. In
the same spirit which enabled him to create
that work, he readily extended his hand
to Prussia to lay a firm and secure basis for an
united Germany. The financial position of Prussia
is favourable beyond expectation, and it has thus
become possible to order the immediate payment of
all outstanding accounts for supplies of bread,
meat, and forage to the troops by Prussian pur-
veyors. A loan will apparently not be required to
cover the expenses of the war. Probably a
temporary financial measure only will be suffi-
cient to defray the obligations contracted
by the State towards the country for sup-
plies. The future settlement of the admi-
nistration in those countries that are to be perma-
nently united to Prussia will become the subject
of serious consideration and arrangement without
delay. In the meantime the measures for forcible
collection of the war contribution of twenty-five
millions are suspended. In the further resolutions
of the government upon this point the fact will
have to be considered that Frankfort will probably
be incorporated with Prussia."
In order to guard against the disadvantages
arising from an incorrect interpretation of the peace
preliminaries concluded with Austria, on the 26th
ult., the Official Gazette of to-day publishes the
text of article 2, which isas follows :—" The Austrian
Emperor recognises the dissolution of the Germanic
Confederation, and accedes to the new organization
of Germany without the participation of the Aus-
trian Empire. The Emperor promises to recognise
the closer confederation which the King
of Prussia may establish north of the line
of the Maine, and declares himself willing
that the States south of that boundary should
enter into an association, the national representa-
tion of which with the North German Confedera-
tion remains reserved for subsequent agreement
between both parties." " This article (continues
the Official Gazette) is exactly identical with the
proposals of mediation advocated by France at
Vienna upon the 14th ult. Austria has, there-
fore, consented to allow the re-organisation of
Germany to proceed without her participation.
The empire thus belongs to the South German
union no more than the natural and national tie
between Northern and Southern Germany is torn
asunder by the establishment of the Maine line of
demarcation."

STIITI'OARD, Auattsir 1.

Intelligence received here from St. Petersburg
states that the Emperor of Russia intends to pro
pose the convocation of a Congress of the Powers
who signed the treaties of Vienna. The Princes of
the States that have been occupied by Prussia—
namely, Hanover, Nassau, Darmstadt, and Elec-
toral Hesse—will assemble shortly in this city for
a conference. Prince Frederick William will re-
present the Elector of Hesse. Wurtemberg has
not yet determined to propose an armistice.

PRUSSIA.
BERLIN, Armin L
The Common Council held an extraordinary
meeting to-day to agree to an address to the King
and Crown Prince on their return from the meat of