The Sun.
London, England, 1864-08-27 00:00:00

CALCUTTA AND CHINA MAILS.

The Euxice, with the above mails, arrived at
Marseilles at 7.30 a.m. this day. The mails were
to leave at 11 30 a.m.

(Latters on Monday morning.)

'FRANCE.
PARIS, AUG. 27, Morning.

The difficulties which had arisen between Turkey
and Montenegro in reference to the frontier have
been satisfactorily arranged by a Mixed Commis-

BOURSE, Aug. ?X.—The market continues in the
same lethargic state as regards the business doing,
while prices are well maintained. 'Threes, for the
Account, are unvaried at 66fr. 30c. Mobilier have
improved to 1,002 fr. 50c. Railway Shares offered.
and soma of the lines quoted lower. The market
closed as follows :

It per Cents. 94 75
Do, and
3 per Cents
Do. end month..., 66 30
Credit Mobiler 1003 75
Do. end month 1006 25
Bank Shares 3380
Credit k oncier 1220
Ronan

Italian Loan 67 45
Do. end month 67 60
Ditto Threes ..
New Mexican .... 56 75
Russian
Austrian
Spanish Threes..., 49 25
Howe Debt .. —
Deferred

Cash. Account.
Orleans
Northern
Lyons and I'l editurranon 916 25 .. 917 50
Southern
'Western
Eastcra
SarThnian •—
Austrian
Lon‘br.rd
North of Spain
Saragossa 497 50 500
Ditto to Barcelona
The criginal articles of the Paris journals are no
of much importance, generally relating to subjects
already discussed. The Siecle, however, in a series
of remarks on visit of the King of Prussia to
the Emperor of Austria, gives some details of in-
terest respecting the relative positions of the va-
rious German States, the conclusion arrived at
being that the two great Powers are gradually in-
creasing their influence ae: authority at the ex-
pense of the smaller States, The writer says:--
•' It is only necessary to leak at the obscure part
which the Secondary States of Germany play when
Prussia and Austria are in accord, to feel per-
suaded of the humiliating situation into which they
would fall, if those two Powers should come to a
definitive understanding. What, for instance, has
become of the grandeur of Saxony, which so often
played a European part ? Where is that of Bavaria,
the Elector of which was tie centre and pivot of the
greatest internal wars that are remembered in Ger-
many ? Who still bears in mind the preponderating
importance of Hanover ? Those States, which ought
to have availed themselves of the rivalry of Prussia
and Austria to become Getman bulwarks, have only
known how to take an undecided place in coalitions
They have lowered themselves day by day. They
have not understood that their real means of pre-
servation was to place themselves at the head of the
German revolution, and to constitute a strong Fee
deral Germany. They have dreaded unity as much
as death, and have preferred to live under the shel-
ter of the protection afforded by Prussia and Aus-
tria. The Emperor Francis Joseph suggested to
the Confederation a plan which would have given
a kind of preponderating place to one of the secon-
dary States, He proposed five successive authori-
ties A Federal Directory composed of Austria,
Prussia, and Bavaria, thus admitted to a kind of
precedence, and of two of the Princes whose con-
tingents form part of the Bth, 9th,
and 10th corps
d armee of Cie Confederation ; 2, A Federal Coun-
cil, consisting
of commissioners representing the 17
votes of the present restricted Council of the Fede-
ral Assembly ; 3, An assembly of delegates elected
by the representative bodies of the different States
of the Confederation ; 4, An assembly of Princes
and of the superior magistrates of the free towns;
5, A Federal Tribunal to judge a part of the causes
which now devolve on the Diet. But those
plans evidently had not in their favour
the appearance of good. faith. The admis•
sion of Bavaria into the Federal Directory
only had for object to dotach from the interests
of the Confederation a powerful member, and to
interest it by a kind of share in the ambition of
Prussia and Austria. All the co-Federates would
have been jealous of this new partner in the
Em-
pire, and division would have been greater than
ever. But what is a stronger proof of bad faith is,
that in all those series of assemblies of Kings,
Princes, and delegates there was no place for those
elected directly by the people. Germany was only
represented by official persons—of the real national
representation there was nhne. No one can consider
as such the Chamber which would have been com-
posed of the delegates of the majorities devoted to
the Governments. That Chamber, moreover, would
flail itself swamped in the series of other authori-
ties, It would have had above it the direction of
the there Sovereigns, the Council of 17 votes, the
and the. Federal tribunal,
Asseenbly of Princes,
all accorded active functions, whilst it would have
been invested with only a kind of deliberative
mission. 1. the Emperor of. Austria had
really wished for a Germany worthy of the
name, he would have proposed an Assembly
elected directly by the people, and itself
although that plan did Cot Contain anYthile!
regu-
lating the great Ger:jet-Tajo interests. Besides,
very
RESPITE OF THE CONVICT M AILYiIA RTLEY.—
liberal, it was nevertheleeZ rejected by Prussia, 1 A. respite has been granted in the case of the convict, Mary
King Frederick William, who now governs with
v. who was convicted of the murder of her illegiti-
the sole co-operation of the aris!ocracy, and who mate child an `t
left for execution at the last session of the
dispenses with a Budget voted by the representa. Central Criminal Cou-r,.

Sec. 3. Permission shall be given to the Free
Hanse Town of Hamburg to establish telegraphic
communication between Hamburg and Cuxhaven
by submerging a cable from Cuxhaven to Bruns-
buttel, and making use of the poles of the West
Holstein telegraph line to carry the requisite wires.
The works necessary for this purpose upon the
West Holstein telegraph line shall be carried on
under the direction of the Holstein telegraph
administration, the costs hereby entailed being
defrayed by Hamburg upon presentation of
the account, while the maintenance of the line
will be undertaken by the Holstein telegraphic
administration upon its own territory.
Sec. 4. Provided, upon nearer examination, some
other point upon the Holstein coast, as, for instance,
Nenfeld, shall be thought better adapted for the
landing place of the cable from the district of Ritze.
butte], the free Hanse Town of Hamburg shall be
at liberty to land the cable there and carry a tele•
graphic line to Brunsbuttel.

Sec. 5. The free town of Hamburg shall pay the
Holstein telegraphic administration, as compensas
tion for the concessions in sections 3 and 4, 25 per
cent, of the gross receipts derivable from the trans-
mission of private messages between Cuxhaven and

liamburg, and vice versa, along the Hamburg and
eux!iaven lino through Brunebuttel.

Sec. 6. Should an extension of the line past Cux.
haven take place, the private messages sent along
the line passing through Holstein shall be paid for
by handing over 25 per cent, of the Hamburg share
of the tariff for that line to the Holstein telegraph
administration.

Sic. 7. This treaty a hall be concluded for the
term of 10 years from Jan. 1, 1865, and shall con•

tinue in force for terns of similar duratiou so long

as notice of its cessation shall not have been given
byleither party six months prior to expiration of

one of the decennial periods.

Sec. 8. This treaty shall be prepared in duplicate
and the exchange of the ratifications take place
within four weeks at latest from the present date.
Done at Hamburg, this 22d July, 1864.
(Signed) C. H. MERCK, Dr.
E. LESSER.