The Sun.
London, England, 1859-07-18 00:00:00

FRANKFORT-ON-THE-MAINE, JULY 16.

In to-day's extraordinary sitting of the Federal
Diet Austria communicated the preliminaries of the
peace, and proposed that the contingents should be
returned and the Federal fortresses restored to a
peace footing.

FRANKFORT, JULY 17.

In yesterday's extraordinary sitting of the Fe-
deral Diet Austria withdrew her proposals of the
7th inst., and Prussia hers of the 4th inst. Prussia
further proposed that the former resolution of the
Federal Diet, to assemble a Corps of Observation on
the Rhine, be cancelled.

BERNE, JULY 16.
The Federal Council has charged Major Latour
with an extraordinary mission to Napies. He will
repair to his destination via Marseilles to meet the
so-called Swiss, who have been dismissed in conse-
quence of the recent disturbances. He will order
them to state to what nation they belong, and has
received positive instructions to put an end, if pos-
sible, to a state of things which is so painful to his
country, and to render a return to their native land
possible to those who may desire again to become
subjects of Switzerland.

TURIN, JULY 17.

The Marquis d'Azeglio has arrived in Turin.
Signor Rattazzi, President of the Chamber of Depu-
ties, has been charged with the formation of the
new Cabinet.

BERLIN, JULY 16.
The Royal Chief Bank to-day has lowered its

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discount for bills from 5 per cent. to 4 per cent
and the Lombards discount from 6 to 5 per cent.

PORTUGAL, SATURDAY, JULY 16.

The Queen of Portugal died to-day of sore throw
Her Majesty was born on the 15th of July, 1837.

FRANCE.

PARIS, SUNDAY.

The Emperor arrived this morning at St. Cloud.
He reached the Lyons terminus at 10 o'clock, and
proceeded by the railroad round Paris (Chemin de
Fer de Ceinture) to his destination. The Imperial
carriage stopped at St. Cloud at 10.15 ; and in
five minutes more was at the Orleans-gate, which
communicates with the Palace. His Majesty's
coming had been announced for 9 o'clock, and the
Empress, with the Prince Imperial and the attend-
ants, male and female, of the Palace, assembled at
the entrance. The child was dressed in the uniform
of the Imperial Guard, and held a crown of laurel in
his hand ready to present to his father. Numerous
groups of persons waited near the same spot. When
the Imperial carriage appeared it was hailed with
cries of " Vire l'Einpereur," which rose from both
sides of the railroad. The Empress, holding her
son by the hand, came forward to meet the Empe-
ror, who embraced her affectionately, and pressed
the Prince repeatedly to his bosom. The persons
who accompanied the Emperor were warmly saluted
by the attendants, who congratulated them all on
their safe return—as you are a ware,:no one belong-
ing to the military household of the Emperor fell
in the campaign, with the exception of General
Cotte, who di:11 of apoplexy. The Emperor then
gave his arm to the Empress, and, taking the
Prince by the hand, entered an open carriage, and,
after saluting the spectators, drove to the Palace.
The Emperor-attended mass at 12 o'clock, in the
chapel attached to the residence, and received the
Ministers at one o'clock.

Prince Napoleon is expected to•morrow or the
day after. his entry will probably be as quiet as
that of the Emperor, as nothing is said about tri-
umphal arches or any displays. All is reserved for
the 16th August, when the festival of the Assump-
tion, the fete of the Emperor, and the liberation of
Italy from the Alps to the Adriatic will be all cele-
brated at one and the same time.

Nearly all the English journals, daily as well as
weekly, were not permitted to circulate to-day,
owing to criticisms on the terms on which the Em-
perors agreed to make peace.

The Paris correspondent of the Morning Post
(Second Edition) says :
At a late hour to-day the more important ad-
visers of Napoleon 111. were to meet his Majesty
at St. Cloud. They will have had some unpleasant
reports to make. In the first place Count Walew-
ski has been addressed by most of the Cabinets of
Europe, dem an ding what are the real terms on which
peace has been made ; or if nothing more was re-
duced to writing and signed than what appead
in the Monitenr. I believe Count Walewski will
make propositions to revise the treaty through 'the
mediation of the great Powers. Now, the fact, I
suspect, will come out that both Emperors made peace
from necessity (or what they thought at least neces-
sity), and there the matter ended. So bent were both
on closing the war, that I am assured the Emperor
of Austria did not consult either his Ministers or his
Generals, fearing they would make difficulties ; and
it is supposed the Emperor Napoleon did not even
communicate with his royal ally of the war, King
Victor Emmanuel, before making peace. The Em-
peror of Austria is quite satisfied with his bargain
—the Emperor of the French, France, and, above
all, Italy, are not. Events alone in Italy will soon

oblige the revision of the Treaty of Peace, or set
aside all its provisions."
PARIS BOURSE, July 16.—The opening of the
market was buoyant, but the tendenc 7 was checked
by the debate in the Engl7sh Parliament about the
treaty of peace. Threes began at 68f. 90c., ro e
to 69f., and are now at 68f. 80c. Mobilier have
varied from 830 f. to 840 f. ; Austrians, 580 f. to
572 f. 50c. ; Orleans, 1,360 f. to 1,355 f. ; Southern,
535 f. to 530 f. ; Lyons, 875 f. to 870 f. The mar-
ket was heavy at the close. The following were
the last quotations :

41 per Cents. .... 96 50 ; Credit Fonder
Do. end month .. I Belgian 41- —
3 per Cents. 6B 60 Piedmontese (5)
Do. end month.... 68 85 Roman —
Bank Shares. 2825 Austrian —

Credit Mobilier Spanish Threes
Do. Account 837 50 Home Debt

RAILWAYS.

Cash. Account.
Orleans

Northern

New ditto
820 .. 820
Lyons and Mediterranean 872 50 .. 872 50
Geneva 530 .. 540
Southern

Western 550 .. 555
Eastern
Sardinian
Austrian

Exchange on London, at sight, paper, 25f. 11e. ; money,
2.5 f 71c. ; three months, paper, 24f. 973 c.; money, 24f. 95c.

A letter from Valleggio gives a few additional de-
tails concerning the interview of the two Em-
perors at Villafranca. It says :—" When the Sove-
reigns were about to enter the house the Guards
Noble were ranged on the right in the vestibule,
and the Cent Gardes on the left. The Emperor
Francis Joseph insisted on the Emperor Napoleon
entering first. The Emperor invited Francis Joseph
to breakfast ; but the latter begged to be excused, as
he had breakfasted before setting out. The two Em-
perors then entered the sitting-room alone. Their
Majesties sat down at opposite sides of the table.
The Emperor Napoleon laid on the table a few cigar-
ettes in an envelope, and offered one to the young
Sovereign, who declined it. Although no third
person heard a word of what passed at this inter-
view, I can state that they conversed sometimes in
Italian but more frequently in German ; not a word
was written down. During the conversation the
Emperor Napoleon, as if mechanically, picked to
pieces the flowers placed in a vase before him.
On issuing from the house the Emperor Napoleon
conversed an instant with Baron Hess, whilst
Francis Joseph spoke with Marshal Vaillant.
Their Majesties then briefly inspected their escorts.
The Emperor of Austria was so struck with the
uniform and bearing of the Cent. Gardes and Guides
that he openly expressed his admiration. He also
asked whether these soldiers formed part of the
Imperial Guard."

The following letter has been received from
Naples, dated the 9th inst. :
" It would be difficult for you to comprehend what
is passing in the kingdom of the Two Sicilies. I
have frequently endeavoured to explain to you the
deplorable state of the Government and the apathy
of the system of absolutism which presses on the
country. Events alone will enlighten you, and you
will admit that we are in a condition which cannot
last. The confidential friends of Ferdinand 11. are
still masters of the situation under Francis 11. It is
not known whether Filangieri is still in this Minis-
try or not. He presented his plan—he then offered
his resignation, and presented some respectful ob-
servations. His resignation was not accepted, and
his plan has been as yet laid aside. The King of
Naples is a youth of 23 years of age, who has
never had any communication with his fellow
men. He is surrounded by the most detestable
parasites, and through the Queen Mother and by
his officers sold to Austria, he is forced to follow a
course hostile to the national wishes. This young
King chose for his Prime Minister the most emi-
nent man in the country. You might imagine
that he consults his Minister on matters connected
with the War Department. You are mistaken. The
orders ate sent from the palace. The aides-de-camp
divide the Government with the King. They clothe
the soldiers, and retain a portion of their pay under
pretence of celebrating a funeral service for the de-
ceased King. They change the colours of the regi-
ments—even those of the Swiss. This mode of acting
has its inconvenience. There are four Swiss regi-
ments in the kingdom of the two Sicilies, three of
which are in Naples and one in Palermo. These
regiments are composed of Germims, recruited
in all parts of Germany, and of Swiss, who form
half of the contingent. The capitulations are
finished, and the Swiss Confederation declares that
it will. not recognise the nationality of the men who
will remain in the service of Naples. It became
necessary for the King of Naples either to send
home the Swiss or to enlist them as Neapolitans in
his service. The King's aides-de-camp thought it was
more simple to preserve the regiments such as they
&re, but to take away their colours, on which
the emblems of their several cantons are painted,
and to give them colours such as are used in
the Neapolitan army. This resolution excited great
indignation among the Swiss, and the evening be-
fore last 600, who by force had obtained possession
of their colours, proceeded, with drums beating, to
the gate of the King's Palace, and demanded to be
sent home or to be suffered to retain their colours.
The Duke of Sangro, the King's aide-de-camp, pro-
mised that their wishes should be complied
with, and recommended them to withdraw to
the Champs de Mars, where they would receive
further orders. This took place at about ten
at night. An hour afterwards the German
soldiers of the 4th Regiment, accompanied by four
pieces of artillery charged with grape shot pro-
ceeded slowly to the camp. The 13th battalion, of
foreign riflemen, followed them. The Neopolitan
infantry and cavalry formed the reserve. They
arrived in that order at the Champs de Mars. They
surrounded it, and formed their batteries opposite
the men who were waiting the execution of the
promise, and had piled their arms. At daylight
these men were summoned to surrender. They sent
a flag of truce, which was driven back. Some shots
were fired, and the cannon played on them until
they were reduced to 300. The German riflemen then
rushed forward to finish them. This slaughter pro-
duced an immense sensation. The Government then
adopted a resolution which they ought to have
thought of at first. They offered to send home all
who wished to go, and 2,000 have already embark-
ed. It is believed that the Government will be
forced to disband all the free corps that they have
organised. This collection of foreigners can only
produce disturbance in the country, and the mo-
ment is come when the King of Naples must trust
to a national army. There is on, cry of indigna-
tion at Naples against the Swiss consul, who nei-
ther prevented the disturbance nor protected his
countrymen.