The Sun.
London, England, 1859-11-30 00:00:00

SOUTILEASTERN RAIL WAY.

The South-Eastern Railway traffic return shows
this week an increase of £1,700. The proposed ar-
rangement between this company and the London,
Chatham, and Dover continues to be regarded with
great interest by the shareholders. Some two years
and a half ago, when the South-Eastern were earn-
ing only 31- to 4 per cent. per annum, and when
their position and prospects were by no means so
good as they are now, that company offered to gua-
rantee to the East Kent, for five years, a rate of
dividend 1 per cent. less than that on South-Eastern
Stock : at the expiration of that period South
Eastern and East Kent stocks were to rank alike
as regards dividend. The proposal was not closed
with. Now, a considerable difference is observable
in the
,Telative position of the two companies, The
traffic of the South Eastern is• experiencing a rapid
development, and this from sources which, being
local, are solid, because independent of continental
disturbance. Their branches and guarantees,
including, more .espeeially, the Reading, Guild-
ford, and Reigate line, now show results of a
more promising 'character. Again although the
company are threatened with competition to
Dover, there is some prospect that the facilities
for the conveyance of the mails by the Folke. -1
stone route, where the company are exempt from
rivalry, may be materially increased, one of
the projects under consideration with this view
being the formation, at moderate expense, of a
breakwater at Folkestone. That the regularity of
service incidental to a mail route will attract pas-
senger traffic does not require demonstration.
Whilst the prospects of the South Eastern Company
are held to be thus reasonably reassuring, it is not
overlooked that the capital of the East Kent Com-
pany is some half a million larger than at the period
when the offer cited was made, and the force of their
antagonistic attitude was impaired by the deficiency
of their finances. It is notorious that they have
been unable to place the whole of their capital,
the position of which in the share list cer-
tainly does not indicate financial strength.
Meanwhile the South-Eastern, who are, it is said,
about to declare the largest dividend ever paid by
them, are steadily moving up to a higher financial
groun I, from which they will be still better able to
repel the threatened opposition. These considera-
tions cannot fail to have a bearing upon the nego-
tiations now pending between the two companies.
A fusion is undoubtedly, in the interest of both,
most desirable. The South-Eastern must be anxi-
ous to consolidate their position, whilst the London,
Chatham, and Dover will assuredly fare the better
if working in harmony with, instead of in op-
pOsition to, their powerful neighbour. The pre-
sent week will peobably show whether moderate
counsels preside at the respective boards.—Daily
News.

CHINA, JAPAN, AND THE EASTERN ARCIIIPE-
LAGo.—Mr. Tweedie has published a map for issue with
the "London and China Telegraph," which points out the
telegraph lines to India, and the proposed lines to China,
Java, and Australia. The new porte in China and Japan,
the Taku forts, Russian boundary, the proposed canal
across the Isthmus of Kraw, and other interesting features
are distinctly marked,

THE TREATY BETTFEEN FRANCE

AXI) AUSTRIA.

The Moniteur of yesterday, in addition to the
treaties already published, gives the text of the
treaty concluded between France and Austria. It
is as follows :

" His Majesty the Emperor of the French and his Ma-
jesty the Emperor of Austria, desirous of putting an end to
the calamities of the war, and to prevent the renewal of the
complications which gave rise to it, by contributing to erect
on solid and durable foundations the internal and external
independence of Italy, have resolved to convert into a defi-
tive treaty of peace the preliminaries signed by their hand
at Villafraßca.

[Here follow the names and titles of the Zurich
Plenipotentiaries.]
"Art 1. There shall be in future peace and friendship
between his Majesty the Emperor of the French and his
Majesty the Emperor of Austria, as also between their
heirs and successors, their respective States and subjects,
for ever.

" Art. 2. All prisoners of war shall be immediately re-
turned on both sides.

"Art. 3. To attenuate the evils of war, an exception is
made to the general law, and all Austrian vessels captured,
not yet condemned as prizes, shall be restored.
" The vessels and cargoes shall be restored in the same
state as when taken, after payment of all expenses, charges,
&c., incurred by their capture, and on payment of the usual
allowance to th 6 captors (fret acquis aux capteu fs); no indem•
nity can be claimed on account of prizes sunk or destroyed ;
nor for the loss of merchandise oven not condemned as prize
property.
44 It id also understood distinctly that all decisions given
hold good.

[Art. 4 declares the cession of Lombardy to His
Majesty the Emperor of the French, with the de-
taili given in the two treaties already published.]

" Art. 5. His Majesty the Emperor of the French de-
clares his'intention of handing over (reinettre) to his Ma-
jesty the-King of Sardinia the territories ceded by the pre-
ceding article.

" Art. 6. The territories still occupied in virtue of the
armistice of the Bth of July last shall bo reciprocally eva-
cuatefl by the belligerent Powers, the troops of which will
retire immediately beyond the frontier line stipulated in
Art. 4.

[Arts. 7 to 17 inclusive are verbatim the same as
those already published in the treaty between
France and Sardinia, relative to the settlement of
the financial points between the two countries, and
the money indemnity to be paid to Austria and
France.]
" Art. 18. His Majesty the Emperor of the French and
his Mitjesty the Emperor of Austria engage themselves to
favour with all their efforts the creation of a Confederation
between the Italian States, to be placed under the honorary
presidency of the Holy Father, and the object of which
would be to maintain the independence and the inviolability
of the Confederated States, to assure the development of
their moral and material interests, and to guarantee the
internal and external safety of Italy by the existence of a
federal army.

" Venetia, which remains placed under the Crown of his
Imperial, Royal, and Apostolic Majesty, will form one of
the States of this Confederation, and will participate in the
obligations as well as in the privileges (droits) resulting
from the federal pact, the clauses of which shall bo deter-
mined by an assembly consisting of representatives of all
Italian States.

" Art. 19. As the territorial deliminations (circonscrip-
tions) of the independent States of Italy which took no
part in the late war cannot be changed except with the
sanction of the Powers that presided at their formation and
acknowledged their existence, the rights of the Grand
Duke of Tuscany, of the Duke of Modena, and of the Duke
of Parma are expressly reserved between the high con-
tracting parties.

" Art. 20. Desirous of seeing the tranquillity of the States
of the Church and the power of the Holy Father assured ;
convinced that such object could not be more efficaciously
attained than by the adoptoin of a system suited to the
wants of the populations and conformable to the generous
'intentions already manifested by the Sovereign Pontiff, his
Majesty the Emperor of the French and his Majesty the
Emperor of Austria will unite their efforts to obtain from
his Holiness that the r.ecessity of introducing into the Ad-
ministration of his States the reforms admitted as indis-
pensable shall be taken into serious considerations by his
Government.

" Art. 21. With a view to contribute by every effort to
quiet the public mind, the high contracting parties declare
and promise that in their respective territories, and in the
lands restored or ceded, no individual compromised by the
recent events in the Peninsula, no matter what his rank or
position in society, shall be prosecuted, annoyed, or troubled,
in person or property, on account of his conduct or political
opinions.

" Art. 22. The present treaty shall be ratified, and the
ratifications exchanged within ono fortnight, or earlier if
possible. In faith of which the respective Plenipotentiaries
have signed it and fixed their seals thereunto.

" Deno at Zurich on the 10th day of the month of No-
vember of the year of grace, 1859.

" BOURQUENEY.
BANNEVILLE.
" KAROLYI.
" MEYSENBUG."
"ADDITIONAL ARTICLE TO THE TREATY SIGNED BE-
TWEEN FRANCE AND AUSTRIA AT ZURICH ON THE
10TH OP NOVEMBER, 1859.

1. The Government of his Majesty the Emperor of the
French engages itself towards the Government of his Im-
perial, Royal, and Apostolic Majesty to make, on account
of the new Government of Lombardy, which will guarantee
its repayment, to pay to it 40,000,000 florins (conventions-
mune), stipulated by the 7th article of the present treaty,
in instalments, as follows :

"Eight millions of florins shall be paid cash, by a bill on
Paris, without interest, en the expiration of the third month
dating from the dayon which the present treaty was signed,
•nd which will be handed to the Plenipotentiaries of his
Imperial, Royal, and Apostolic Majesty when the exchango
of ratifications takes place.

" The payment of the remaining 32,000,000 florins shall
take place at Vienna, cash, in ten successive instal-
ments, to be made every two months, by bills on Paris,
each of 3,200,000 florins. The first of these payments will
be made two months after tho payment of the bill of
8,000,000 florins above stipulated. For that date, as for
the other following, the interest will be reckoned at 5 per
cent., dating from the first day of the month which will
follow the exchange of the ratifications of the present treaty,
" The present additional article shall have the same
force and value as if inserted vet bairn in the treaty of this
day.
" It shall be ratified in one single act, and the ratifica-
tions exchanged at the same time.
" In faith of which the respective Plenipotentiaries have
signed the present additional article, and affixed their seals
thereunto.

" Dona at Zurich on tho 10th day of tho month of No-
v'ember, of the year of grace 1859.

" BOURQUENEY.
" BANNE VILLE.
" KAROLYI.
" MEYSENBUG.
" Art. 2. Our Minister and Secretary of State in the
Department of Foreign Affairs is charged with the execu-
tion of the present decree.
" Done at Compiegne, the 27th of November, 1859.
" Seen, and sealed with the Seal of State.
" NAPOLEON.
(Countersigned) " DELANGLE,
" Keeper of the Seals, Minister of Justice.
" A. WALE WSKI,
" Minister of Foreign Affairs.