The Sun.
London, England, 1859-07-14 00:00:00

TELLERS.

2VIE P CH.E.D7UP '..13 EA Gs Ili ITAL

Nothing is said of any limitations attaching to
nothing as!to its having
the sovereignty of 'Venice ;
a separate edministration under •the sway of an
Archduke. Francis Joseph' SiMply retains his rights
over that portion of Italian territory. from which
we are certainly at liberty to infer that Austria
will continue to enjoy unfettered sovereignty east
of the Mincio,•and that, if she so determine, her
rule within those limits will remain unchanged.
But Venice is to form an integral part ofan Italian
" Confederation," which is' to be establisked under
the honorary presidency of the Pope'. Here a wide
margin is left to conjecture: 'What is'the " Con-
federation" to comprise ? "Will it include the King-
dom of the Two Sicilies ? If the King of Naples or
the Pope refuse. to enter into the new arrange-
ments, what power will be employed to induce com-
pliance ? What will be done with the Duchies ?
Will Tuscany have; to receive back again its Arch-
duke? or, if' the Tuscans should persist in regard-
ing the flight of their late ruler as an 'abdication
of his throne, will the arms of the French be lent
to effect his restoration P 'What will be done
with the States of the Church P Are they to be
secularised, the Pope receiving the dignity of
an honorary president as a recompense for a
loss of authority? What is meant by his being
the " honorary " president ? What will be the
functions of the Federal Power, and by what
organic machinery will its actions find their
way into the politics of Europe ?• On all these
points we are left for the present with only the
faintest glimther of light. ' We can only submit
them as so many unsolved problems to the curiosity
of our readers, and 'await lice Lfniiher MUD
urination, which it may, please the two monarchs to
vouchsafe in their own good time. Still, although
we are not yet allowed to behold the minor action
of the drama, we sce enough of its great outlines to
form a tolerably good guess at its probable denoue-
num& Of, course, we have nothing to do with it.
We hope the Italians will be satisfied with their
bargain, and, if so,
certainly all may go on well. There are
some people in the world who will de-
nounce it as a downright swindle, but it may per-
haps be replied with some justice that the Emperor
Napoleon was accepted on his own terms, and that
the heavy price paid down in French blood at Sol-
ferino exempts him from the obligation of being
over nice in fulfilling ideal obligations. He cer-
tainly erred in publishing too fine a programme be-
forehand. hi the communication made on the 3d of
May last to the Corps Legislatif, he told the world
that the fate of Italy was reduced to this dilemma :.
—" Austria has pushed matters to such an extre-
mity, that her dominions must either extexld to the
Alps, or Italy must be free to ' the shores of th
Adriatic." Shall we judge the present policy of the
Emperor by his own words ?" Italy is not , free to
the shores of the Adriatic. He leaves une•half of

Austrian Italy under the hatefutrule from which he
vowed to effect the emancipation of the whole. To
be candid, all hottest nien will have no difficulty in
making up their minds as to the character of the
treaty of Villafrauca. It is an odious and infamous
vagary of despotic. power. The war has. been 'con-
cluded with a precipitancy as offensive to good
taste and as insulting to public opinion as the reck-
lessness with ,which it was begun.—Mitnchester
Examiner and limes.'