The Sun.
London, England, 1849-08-13 00:00:00

OF PEACE.

" Art. I. His Majesty the King of Sardinia binds
himself to pay to his Majr.sty the Emperor of Austria
tihe sere tftsevenv-five of francs, by way of in-
man y u
for the damages suffered during the war by the Austrian
Government and its subjects, towns, or corporations,
without any exception, as well as for the claims which
bad been raised for the same causes by trim- Royal
Highnesses the Archduke, Duke of Modena, and the
Infant of Spain, Duke of Parma and Placenzia.
"Art. 2. The payment of the seventy-five millions of
francs, stipulated by the preceding article, shall be dis-
posed of in the following manner:—
" Fifteen millions of francs shall be paid in ready
money, by. means of a mandate, payable at Vienna
or at Parts, at the end of the month of October
next, without interest, which will be delivered to
the Plenipotentiary of his ,Majesty the Emperor,
at the moment of exchanging the ratifications of
the present treaty. The payment of the remaining sixty
millions must be made in ten successive instalments, to
be effected from two months to two months, at the rate
of six millions each, to commence at tie end of De-
cember next, with interest at the rate of 5 per cent. per
annum on the amout.t of the term to be paid. For each
term the interest will be calculated to date from the one
in which the ratifications of the present treaty shall be
exchanged.

•' To"guarantee the exactitude of the payments, the
Sardinian Government will deliver as a deposit to that
of his Imperial and Royal Majesty at the moment of the
exchange of the ratification of the present treaty, sixty
inscriptions of a million of francs each in capital, or of
50,000 f. of rente each on the grand !lyre of the public
debt of Sardinia.

" The inscriptions will be restored to the Government
of his Sardinian Majesty, in proportion to the instal.
menu which shall be paid at Vienna, in ready money,
or in bills of exchange on Paris, at each term, and to
the amount of six million of francs, as is above stipulated.
" If the Sardinian Government for any reasons, what-
ever they may be, should fail to retire these inscriptions,
and to make the stipulated payments, it is understood,
that two months atter the expiry of the term, if not
paid, the Government of his Imperial and Royal Ma-
jesty should be authorised, by that very fact, to cause
to be sold each time, at the Paris Bourse, rentes to the
amount of the six millions fallen due, and the deficit
which might result from the transaction, compared with
the nominal value, will be at the expense of the Govern
ment of his Majesty the King of Sardinia, which will be
bound to pay it, with the least possible delay, in ready
money, together with the interest which may have fallen
due till that pa;„ment shall have actually taken place.
" Art. 3. His Majesty the Emperor of Austria binds
himself, on his side, to cause to be exacuated by the
Austrian troops, within the delay of eight days lifter
the ratification of the present treaty, the States of his
Majesty the King of Sardinia, or the Sardinian terri
tory, in the limits established by Article 3 of the treaty
of peace of this day.
" Art. 4.. As there exists for a long time between Sar •
dinia and Austria a contest with respect to the lit.e of
demarcation near the city of Pavia, it is agreed upon
that the limit at that place shall be formed by the thal•
wag of the canal called Gravellong. and that a bridge
shall be built by common accord at the common expense
over the said canal, on which no portap will be levied.
" Art. 5. The two high contracting Powers, desirous
of giving more extension to the commercial relations of
the two countries, bind themselves to negotiate hereafter
a treaty of commerce and navigation on bases of the
strictest reciprocity, and by which their respective sub-
jects shall be placed on the footing of the most favoured
nation; on that occasion the question of the mixed sub-
jects will also be taken into consideration, and the prin-
ciples will be laid down which ought to regulate their
reciprocal treatment ; and, with the object of facilitat•
ing and favouring the legitimate commerce to the fron-
tiers of their territories, they both declare that they wish
mutually to employ all the means iu their power to
suppress smuggling. In order the more effectually to
attain this object they revive and restore to vigour the
convention concluded between Austria and Sardinia on
the 4th of December, 1834, for two years, to commence
on the Ist of October next, with the condition laid down
in the 24th article of the said convention, and determine
that it shall be considered as:renewcd from two years to
two years, unless the one or other of the parties declare
to the other, three months at least before the expiry of
the period of two years, that it must cease to have effect.
The two contracting parties bind theme elves to introduce
successively in the said convention_ail the ameliorations
which circumstances may render necessary for the attain.
ment of the end which they have in view.

;;Art. 6. The Austrian Government, in return for the
advantage which the renetis al of that convention will
procure for its commerce, contents to the retocation
of the one concluded on the I 1 th of March,
1751, between the Sardinian Government and that of
Lombardy, and declares in consequence that it will
have no force for the future; it consents besides to revoke
immediately after the ratification of the present conven-
tion, the decree of the Aulic Chamber, which has im-
posed, from the date of the Ist of May, an additional tax
on the wines of Piedmont.

,‘ Art. 7. The present separate and additional arti-
cles will have the same force and value as if they had
been inserted word for word in the principal treaty of
this day. They will be ratified, and their ratification
will take place at the same time.

"In faith of which, the respective Plenipotentiaries
have signed and sealed with their arms.
" Done at Milan, the day of ---."
It will be seen from the above counter• project that
the slim offered by Sordinia is seventy-five millions