The Sun.
London, England, 1866-07-14 00:00:00

NG, JULY 14, 1866,

L A TEST INTEL LIGENGE

(REUTER'S TELEGRAMS.)

THE PROPOSED ARMISTICE.
PARIS, July 14.
" Public

The illoniteur of this morning says :
opinion is impatient to learn the course of the nego•
ciations for the armistice. The demand which exists
everywhere for news, forces, so to speak, the jour-
nals to manufacture intelligence. We must call
attention to the fact that mediation has only been
proposed since nine days. Negociations cannot
take place solely by telegraph, and three days and
three nights are required by a courier between Paris
and the Prussian head-quarters.

" What we can say is, that negotiations are pro-
gressing, and that the best relations have not ceased
to exist between the Emperor Napoleon and the
King of Prussia."

RUSSIAN MILITARY PRiPARATIONS.
LEMBERG, July 13, Evening.
_

The Gazetta Navodowa of this town announces
that all soldiers on furlough in Russia have been
called in and says—" Every day military trains
start from Warsaw to the frontier of Silesia and
Galicia.

Russian' troops are marching from Podolia to

Bessarabia."

RUSSIA AND THE WAR IN EUROPE.
Moscow, July 13, Evening.

The Moscow Gazette of t4-day publishes an
article which concludes as follows :—Russia does
not desire any change in the present state of things
in Europe. If Austria and Prussia will render
themselves the tools of France, Russia can no longer
depend upon them as heretofore. Venetia without
Rome would constitute no progress for Italy. The
submission of Austria to France is not advantageous
but dangerous to the European equilibrium.

The supremacy of Prussia in Northern Germany
narrows Russia in the Baltic. Russia's love for
peace does not sanction efforts to attain supreme
power. England's interest may make her seek an
alliance with France and Austria in the Eastern
question, but the dictatorship of France in Italy
and Germany cannot meet with her support.

THE POLICY OF PRUSSIA.
BERLIN July 12.
The following is the full text of the,kfficial state-
ment as to the policy of Prussia in undertaking the
war, a summary of which has been telegraphed :
" To clear up the mistakes promulgated by the
press in judging the present political situation, and
to remove the uncertainty and disquiet thereby ex-
cited in the public mind, we (the official Staatsan-
zeiger) are empowered to makeithe following de-
claration :
" The treaty obligations ems' g between Prussia
and Italy render it impossible to conclude an armis-
tice or a peace with Austria iwithout the mutual
consent of both States. These obligations could
not but prevent Italy from acceding to the one-
sided desire of Austria for peace, expressed
solely for that purpose, by the acceptance of
Venetia as a gift, and-from terminating the Italian
participation in the war.

" Europe knows that no sordid desire of conquest
is the motive of Prussia in the great contest into
which she has been forced •by Austria and her Fe-
deral allies. What Prussia wishes to conquer sub-
serves the highest national aims, regards the noblest
national possessions. We demand for ourselves only
guarantees for the territorial security of our future.
But for Germany we require the establishment of
political unity, at least among the majority of Ger-
man races and States, to put an end to the unworthy
condition of affairs within her boundaries which has
so long depressed and humiliated the reputation and
power of the nation.

" In the fulfilment of this national mission the
majority of patriotic German princes are upon the
side of Prussia. Our people, however, sacrifice
blood and treasure for this lofty task, and our sons
in the army, under the leadership of their royal
master, are inspired by the sacredness of the great
contest like our fathers in„,1813.

" Wherever our troops penetrate into the enemy's
country they afford a striking proof how strongly,
as bearers of European civilisation, they are imbued
with the consciousness that they do not make war
upon the peoples, but only against the Govern-
ments, which- have in vain endeavoured to incite
their subjects to blind hatred against Prussia.
Wherever our flags wave for any period this hatred
gives place to nobler feelings towards us. Our
armies, however, accompanied by the sympathies of
the nation, sustained by the consciousness of their
lofty mission, well know how to conquer and to die
for its attainment."

-SPAIN.
MADRID, July 13 (Evening).
The Government has prohibited until further
orders the sale of newspapers in the public streets.

The French steamer Lafayette arrived at Brest
on Thursday. She left New York on the 30th
June, and brings 201 passengers.

FRANCE.
BOURSE, July 13.—Two o'clock.—The publica-
tion this morning of an official Note in the Moniteur
warning the journals against the dissemination of
false news, and likewise the public against placing
any confidence in the imaginary decisions come to
at the frequent councils held at the Tuileries, has
had an adverse effect upon the market. ' The buoy-
ancy which was manifested yesterday in consequence
of the reported satisfactory progress of the armistice
negotiations has thus been succeeded by general
weakness and a disinclination to effect transactions
—the Note alluded to being regarded as dissipating,
to a certain extent, the anticipations entertained of
an early and satisfactory arrangement. Threes, for
the Account, and Italian Five per Cents., have de-
clined, the former 75c., and the latter If. 60c. ; the
quotations are now 68f. and 51f. respectively.
Credit Mobilier Shares have receded 22f. 50c., the
price being 615 f. Spanish Mobilier Shares have
lost 15f., at 325 f., whilst Credit Foncier and Comp-
toir d'Escompte have fallen, the former 5f., and the
latter 10f. Sales likewise predominate in the Rail-
way Department, Orleans have declined 12f. 50c.
to 837 f. 50c. ; Northern and Austrian, 7f. 50c., to
1,097 f. 50c. and 835 f. :respectively ; and Lombard,
5f., to 365 f. The sums demanded to-day in " dis-
counts" include 170,000 f. Italian Fives, 375 Credit
Mobilier Shares, and 100 Immobiliere. English
Consols are telegraphed with a fall of per cent.
Three o'clock.—The market has closed as fol-

lows :-
4} per Cents • —

Do. and month —
3 per Cents. 6B 15
Do. end month 6B
Credit Mobilier 610
Do. end month 610
Credit Foncier 1250
Do. end month —

Bank Shares
Italian Loan 5l 40
Do. end month 5l GO
Mexican Loan 24
Do. Bonds 156 25
Spanish Threes
Home Debt
Deferred
WAYS.

RAIL))

For Account,

Orleans
Northern llO5
Lyons and Mediterranean 842 50
Southern
Western
Eastern
Sardinian
Austrian
Lombard 370
North of Spain
Saragossa
Ditto to Barcelona..
Roman.

517 50

THE WEATHER AND THE CROPS.—Grass cutting
has become general in the neighbourhood of Boston, and
the crops aro everywhere spoken of as unusually good.
Hay leading has been very general this week about Peter-
borough, and the bulk of the crop will be housed in good
condition. In the Louth district the meadow crops are
rapidly falling under the scythe, and are generally turning
not good and heavy.

~.. ~^ ~

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44114

HER MAJESTY.

OSBORNE, July 13.
The Queen drove out yesterday afternoon with
Prince and Princess Christian of Schleswig-Holstein
and Princess Louise.

Prince Leopold, and Princess Beatrice also went
out driving.

Her Majesty walked in the grounds this morning
with Princess Louise ; and Prince Leopold drove
out, attended by Lieutenant Stirling. Princess
Beatrice walked in the grounds.
The Prince and Princess of Leiningen dined with
the Queen and the royal family yesterday.

The Prince and Princess of Wales.
The Prince of Wales visited the volunteer camp
at Wimbledon yesterday.
The Princess of Wales took a carriage drive.
In the evening their royal highnesses dined with the
Duke and Duchess of Manchester at their residence
in Stanhope-street.

Viscount and Viscountess Stratford de Redcliffe
had a select party at dinner yesterday evening, at their re-
sidence in Grosvenor-square.
Lord and Lady Edwin Hill Trevor have left Hill-
street for Drynkinalt, South Wales.

Lady Catherine Allen and Miss Allen have left
town for Cresselly, South Wales.

Sir James and Lady Matheson have left for the
season for their residence, the Island of Lewes, Ross-
shire.

The marriage of the Earl of Sefton and the Hon
Miss Joliffe, daughter of the newly-created Lord Hylton,
is appointed to take place on the 18th inst.

A marriage is arranged to take place next month
at Stradbally Hall, between Colonel Gubbins, Assistant-
Adjutant-General at Malta, and Miss Charlotte Cosby,
younger daughter of the late Mr. Sydney Cosby, of S trad-
bally Hall, Queen's County.
The Grand Duke Alexis of Russia and Admiral
Possiett, the officer in command of the Russian squadron,
arrived at Falmouth with a distinguished circle of Russian
officers, and visited Devonport Dockyard and Keyharn
Factory on Thurday afternoon. His Royal Highness and
suite were shown over the establishments by Rear-Admi-
ral Superintendent the Hon. James R. Drummond, C.B.