The Sun.
London, England, 1859-03-12 00:00:00

LATEST NEWS.

THE PENINSULAR MAILS.

(BY ELECTRIC TELIthRAPH.)

SOUTHAMPTON, SATURDAY MORNING.

The Peninsular and Oriental Company's steamer
Alhambra, from Lisbon, &c., was telegraphed off

at 9.5 a.m.

The following telegram has been received at
Mr. Reuter's office :

VIENNA, FRIDAY, 2 P.M.

The news received here, that the position of the
English Ministry is insecure, has aroused uneasy
anticipations to-day among the speculators on
'Change. The tendency is downwards, and Me-
talliques are at 74 10. Exchange on London,
108 20.

The Paris correspondent of the Times second
edition says :

" It is certain that a note was prepared for publica-
tion in the Moniteur far less pacific, and perhaps
more truthful, than that of Saturday last. It was
drawn up by the same hand that was employed on
the famous brochure, Napoleon 111. et l'ltalie, and
was intended to neutralize the effect of the first
note, which indicated a retrograde move-
ment. It was to have appeared yesterday or to-
day in the official organ. The writer, however,
was closeted at the Tuileries yesterday or the day
before—whether in order to modify his lan-
guage or to infuse new fire into it I cannot say.
At all events it has not yet appeared ; its publica-
tion is perhaps only postponed, but not abandoned.
This, however, does not much matter. The same
day the sort of apologetic article appeared a com-
munication was made to the Piedmontese Govern-
ment to pay no attention to it. M. Cavour was ad-
vised to continue his armaments all the same, and
to try whether there was a chance of a movement
in the Italian Duchies, with the object of forcing
Austria to intervene, and thus give the appear-
ance of aggression of which advantage might be
taken. Of course nothing is easier than to provoke
an adversary, already irritated by petty attacks, to
an overt act of violence.

" Matters must be now pretty ripe for an out-
break, as I am assured M. Cavour has intimated to
the French Minister at Turin his intention to serve
a formal summons (une mise en demure) on the
French Government for aid and assistance, as he
considers the measures recently adopted by Austria
as equivalent to a declaration of war. M. Latour
d'Auvergne prayed him, before having recourse to
this extreme step, to wait until ho could communi-
cate with his Government.

" The hope of the maintenance of peace that sprung
up on the retirement of Prince Napoleon proves
but short-lived. Confidence has been so thoroughly
shaken, that it is difficult indeed to restore it. We
cannot conceal the fact that no credit is attached to
the most solemn declarations of the Government.
The public are convinced that nothing is in reality
changed ; that matters will go on just in the same
way ; that the separation of Prince Napoleon is ap-
parent and only apparent ; that the Cabinent Minis-
ters are as little regarded as if they did not exist ;

and that they are pretty much as Bolingbroke de-
scribes the Ministers of Charles 11., "mere awk-
ward pageants of Courts, wooden images which
Princes gild," and then throw aside. It is the
knowledge of all this that paralyzes trade and

commerce, and, what is perhaps not to be wondered
at, the very officials of the Tuileries are, I hear,
affected by the disquietude which prevails abroad.
I hear of some among them who do not conceal
their dismay at a system which, if followed out,
they believe may be fatal to every interest in the
State, from the very highest to the lowest."

A telegram, dated Munich, March 11, states that
Count.Buol has addressed another circular despatch
to the Austrian diplomatic agents abroad. Accord-
ing to this circular all the pending questions were
discussed at Vienna, between Count Buol and Lord
Cowley, without, however, any proposition having
been made. Count Buol flatters himself that Lord
Cowley, on leaving Vienna, has taken with him the
conviction of the concilitory sentiments of the
Emperor, who is ready to co-operate for the main-
tenance of peace if the Emperor of the French will
re-establish the good relations between the two
countries.

FRANCE.

PARIS, FRIDAY

BOURSE, March 11.—There was great depression
visible among speculators before the official hour of
business, and quotations fell to 67fr. 70c., but when
the market opened prices improved to 68fr. 20e.,
and are now at 68f. 15c. Mobilier varied from
770 fr. to 780 fr. ; Austrian, 527 fr. 50c. to 532 fr.
50c. ; Orleans, 1,330 fr. to 1,335 fr. ; Lyons, 832 fr.
50c. to 837 fr. 50c. ; Southern, 517 fr. 50c. to 530 fr. ;
Northern, 925 fr. to 930 fr. The following are the
last quotations :-
4i per Cents. .... 95 25 I Credit Foncier 645
Do. end month .. 95 25 I Belgian 41
3 per Cents 6B 15 Piedmonteso (.5) .. 79 75
Do. end month 6B 10 Roman B6
Bank Shares 2865 Austrian
Credit Mobilier 775 Spanish Threes
Do. Account

RAILWAYS.
Cash. Account.
Orleans
Northern . 930 .. 926 25
New 'ditto BOO .. 800
Lyons and Mediterranean 833 75 .. 835
New ditto — • •
Geneva 530 ..
_Midi
Southern
Western... 590 .. 590
Eastern
Grand Central ,.. , . ,
Sardinian 4OO - ..
Austrian
Exchange on London, at sight, paper, 25f. 15c. ; money,
25f. 10e. ; three months, paper, 251. ; money, 24f. 97c.

AUSTRIA.

VIENNA, MARCH 8,

The evening sheet of the Wiener Zeitung is tot
an official paper, but it is under the direct control
of the home Department, and considerable_impor-
tance must, therefore, be attached to the three
articles on the Austro-Italian Treaties which ap-
peared in the number published last night. As the
articles in question fill seven columns of the
paper, there can be no question of giving them
in extenso, but their more salient points
will be found in the subjoined summary

" One part of the so-called Italian question has
been satisfactorily settled by the Papal Government,
' which, with its wonted wisdom, has prevented the
identification of the revolutionary principle in Italy
with a practical question of the day, by requesting
the Austrian and French Governments, to recall
their troops. This step on the part of Rome ren-
dered it necessary that a new basis should be found
for the Italian question, and it is therefore now
urged that a revision of the conventions • be-
tween Austria and the Italian States is
necessary. The treaties of Austria with
the Italian States are known. The con-
tracting parties agreed to render each other assist-
ance should they be attacked, and in the treaty with
Naples (July 12, 1815) it was stipulated ' that no
changes should be made in the kingdom which
were not in accordance with the monarchical prin-
ciple or in opposition to the principles adopted by
his Imperial Royal Majesty for the government of
the Austro-Italian provinces.' The ' perpetual' (im-
merwahrendes) right to occupy Ferrara, Corn-
machio, and Piacenza was secured to Austria
by Article 103 of the Vienna Act of Con-
gress, and also by a treaty which was con-