The Sun.
London, England, 1871-02-25 00:00:00

rHE SUN, LONDON, SATURDAY, FEBRUARY 25, 1871.

1, AT EST INTELLIG ENC E.

veriirnent instructed the Belgian legation in Paris to
enter into official relations with the new Govern-

SUN OFFICE, 8 A.M.

meat of France as soon as it was apprised of the vote
of the National, Assembly appointing M. Thiers chief
of the Republic. If the Cabinet of Brussels has not
replied to the notification of the accession of a new
regime, it is because no such notification has yet
reached the Belgian Government.

THE TREATY OF PEACE,

The following telegram is from the Versailles
correspondent of the Standard, dated Thursday :
A Treaty of Peace, embracing the main conditions
demanded by the Germans, has been signed by M.
Thiers and Count Bismarc4. The minor arrange-
ments will be settled to-morrow.

France pays a war indemnity of 2320,000,000.,
Alsace and German Lorraine, including Metz, are
ceded to Germany. Metz was only given up after
a furious contest with Bismarck, in which it is said
M. Thiers denounced German repacity in very plain
The question of the boundary of the ceded
territory being to run so as to include Nancy, will be
settled to-morrow. Most probably Bismarck will not
insist on the cession of Nancy.

terms.

The captured war material remains the property
of the Germans.

The Germans do not enter Paris. The Emperor
held out to the last, but Bismarck insisted on having
his own way, declaring that if this was made one
of the terms of peace the war would probably be
continued.

The Emperor's intention at present is to leave Ver-
sailles on Monday. He is looking much broken down
and fears are entertained as to the effect of the reac-
tion on his health.

A telegram from Bordeaux on the 24th, states that
Jules Simon announces in the Moniteur that the
Government has received advices from Versailles
that the negotiations there are being actively carried
on, but that no information as to the character of
those negotiations has yet been transmitted.

THE PEACE NEGOTIATIONS AT
VERSAILLES.

VERSAILLES, February 23.

Count Bismarck, it is -eported, does not appear
to be so confident of the conclusion of peace as he
was recently, because he will not listen to proposals
for a further prolongation of the Armistice, and
declares that if his terms are not accepted hostilities
will begin immediately alter midnight on the 26th
instant.

The French are anxious for more time, but Count
Bismarck says they have had a month to think over
the terms.

However, if peace be a probable result of a further
delay, no doubt it will be acceded to.

M. Thiers's reception by the Crown Prince was very
gratifying.

There has been along Conference to-day.
The batteries in the forts are now all turned to-
wards Paris.

PARIS, February 24.

A. remarkable contrast prevails between opinions
in Paris and at Versailles. The Germans are quite
persuaded that peace must come upon their terms,
but it is certain that it is not yet signed, owing to.
objections made by the French negotiators to
some of the terms, more, however, to the form
than the substance. What are called the Prelimi-
naries have been assented to, but the conditions
and stipulations of the Treaty are not yet agreed
upon ; not that the Germans have given way, but
that the French endeavour to obtain the abandon-
ment of some distressing conditions. As M. niers,
however, went to Versailles with the avowedideter-
mination of making peace, it is supposed that Count
Bismarck, if really bent on the whole of his terms,
can easily obtain them. He will not assent to de_
mauls for a prolongation of the Armistice, seeing
in it a means of weakening the German position,
and a possible opportunity for obstruction. It is this
demand, whether already made or apprehended,
which causes in the Chancellor a certain reserve, and
makes him unwilling to receive congratulations on the
certain conclusion of peace. In Paris, on the other
hand, it would seem as if peace is regarded as
already signed, and the people are only waiting to
know the conditions obtained by France.—Times
Telegrams.

VERSAILLES, February 24.

Thiers, accompanied by Jules Favre, Ernest
Picard, and the 15 Commissioners delegated by the
National Assembly to assist in the peace negotia-
tions, will leave this afternoon for Bordeaux, whole
they will arrive early to-morrow (Saturday).
It is confidently anticipated that the Assembly
will ratify by an immense majority the terms of
peace which M. Thiers will submit.
M. Thiers and his two colleagues are expected back
at Versailles on Sunday morning.
At the last moment the Emperor-King abandoned
the idea of the triumphant march through Paris,—
Lombard Telegram.

The following telegrams come through E,euter's
agency

THE GERMAN DEMANDS.

PARIS, February 23

This afternoon Count Menkel and the Berlin banker
Bleichschroder arrived in Paris from Versailles to
discuss the financial question with M. Thiers. Count
Bismarck demands six milliards (£240,000,000), from
which will be deducted the contributions levied,
which will reduce the total amount to five and a half
milliards of francs.

M. Thiers vigorously opposes the demand.

THE FRENCH REPUBLIC.
BORDRAUX, February 24 (4.25 p.m.)
The Republic has now been recognised by all
European States, with the exception of Greece, and
recognition by the Hellenic Government is shortly
expected.