The New York herald., 1850-12-23

-O penny per pound The COMMITTEE OF Broker
placed, on the 9th inst, fair Uplands at 7xd Mobile
at TX, and Orleans at Sd.
Our London Correspondence.
STATE OF EUROPE.
LONDON, Friday, December Q, 1850.
The Olmats CorJrenee-TAe Crisis in Germony-Hcpes
0Peaee sud Fssrs Of War- -Prorog Of the Prussian
Per'is~ent-Imyortant Debate the French .assemby-
Intrigue at Windser-Ja, eh5ishsp Hughes in London
n. Guixot-Papai Increment, &c. &c.
This has been . week of anxiety on 'Change. The
malls ffon Germany have been eagerly expected and
public opinion has nuctuated between the hopes of
peace and the fears Of war. am happy to say that
the hopes Of peace have for time at least been res
Mssd IL say for time for though have maintained
from the first that the elements Of peace powerful
passions have been excited and national snpathiss
aroused, which st any Unforeseen moment may result
In bloodshsd.
In my Last letter announced to you that the crisis
had arrived Baron Prokssch, the Austrian Ambasss-
dor, had given in the ultimstum Of his government,
and had made every preparation to start In case the
conditions laid down were not agreed to within -
hours His departure from the Prussian capital was
10 be the signal for the advance Of the federal troops
n. de Manteafel the Prussian Prime Minister in
this emergency, sent telegrsphis message to Prince
'5chwsrssnberg, the Austrian Minister Of Foreign
Affairs, requesting personal interview The electric
wires brought back . reply, that Prince schwsrTen-
berg would meet him ct 0lmutz.
Both ministers started immediately, and the dssti-
niles Of Europe for time the keeping Of these
two statesmen. On the evening Of the 10th ult NJ
de hsntsunel returned He procssAed without delay
to the King, at Potssam. Prince sshwar.snberg was
accompanied to olmutx by the Russian Ambassador,
Baron Msyendorf who, however, did not take any
direct participation In the conferences On his return
% visnns Cabinet Council held the concessions
he made ratified and the intelligence telegraphed o.
once TO Berlin.
The following are the conditions agreed to between
Prince schwarsenbsg and Baron MAnteunsi, at OIL
multEs-
I. Free conferences to be held at Dresden with
rs little delay possibe, u5th Dscember) The feds-
raj Diet Of frankfort, meantime viii take further
steps I'm the framing Of German constitution or In
2. The Eisctor Of Hesse viii sndssvsr to restore
order to his States with the assistance Of Austrs
and Prussian commissioners: Cassel to have small
mixed garrison Of Austrian ssd Pru.ssn troops until
order has been re-estsbshed Should the Elector not
succeed he at liberty to invoke the help OF either
O. Prussian and German commissioners are likewise
TO be ssnt TO the duches Of schlesvg Hostein to In
duce the stadhodernte to cease hoetlities In case
Of refusal Austria is to be allowed TO use compusion
At first sight this looks like cosoessions by Austria
but they will not bear examination. All that be
said is, that truce has been concluded
II was stin to be what the PrussiAn Chambers
would cay to these arrangements Both the nrst aud
second Chambers had drawn up replies to the royal
speech in which they firmly declared their readiness
20 support the King In maintaining the dignity Of Prus
sis-fn other words, their readinesst 70 60 10 par.
On the result of the conference at olmutx being
known, the second Chs amber resolved upon new ad
dress contain Ing ,rpressou Of Interpretation Of ne
s,ppIsiisus osreed upon OHufr. This was adopted
nv sis shtssn votes sgaintt four At the same time,
de Lasenbsrs the Minister Of Public Instruction, and
ho represents the wsriks party In the cabinet, ten
dered his resignation. The discussion commenced in
the Chambers, on the ID ~. de Manteufsl gave ex-
planstiors and pointed out the horrors Of war NJ. de
Pincke the leader Of the oppositsn, made briliant
speech In reply He criticised In powerful lsngssgs
the whole acts Ct the government he snid that the
var In uolstein Legitimate one; he thsnkedBruns
wick for protesting against the march Of federal troops
thr oueL ts ttrrtory-tpoks Of Prussias honor being
compromised. His concluding remarks shew the
feeling Of the war or popular party 10 Prussia. We
are proud taid the orator "o being Prussans, as
each Of ne considers himself inhsror OF the go-
rious sentinents Of our Prus,an monarchs, and
because Prussia stands the foremost OF Its century
II our hest rights are abandoned, our Prussan
patriotic pride viii merge. tsrsvOl The enthusiasm
once rouses win turn inward. n natsnal honor is
ahandon.d, the cancer will eat invariiy Ear viii
again be given to insinuations which excite the ma
tsr interests Of classes sysInst clsss and the most
frirhtful eatastrophes will essue.n lie then de-
snanded the dismissal Of the ministry.
Earlr on the ath instant aCabnet Council was hsld,
oresided over By the King; and at the comnsnssmsns
IN. .t,,pa aupication was sent TO the cham
ler., prorosuing them 10 the "a Of January merit.
Itis auite clear that the German question is net
ettitd Jet.
Tn. ,G.ir, Of asrmany have been almost the sr-
elusive topic Of discussion IN France After IA abs
report on the bill for granting credit OF $4,000
o. e.fltng out man necaaitate1 BY the
state Of AFFAIR. in Germany, by NJ de RsmuEa,, the
bin itsef came under Discussion yesterday hursiay
sthl In the Assembly. The Foreign Minister, General
Ia Ttt. read the stipuations sgreed upon at 0mutz
and ,sd that the persisted 10 the dsnand,
could not regard the question as settled though
Z he Austrian and Prustisn governments seemed de-
sirous Of peace M. Emanuel Arsgo proposed an
Adjournment Of the debate which was rejected NJ.
Msthieu (ds la Drome) declared that the coavsnton
signed By the King Of Prussia vas dssraostul sri
GU ,sion. the bin passed By majority CT 2Tl
vsit Of A. Guiaot to the Eiysee, hs, given rise to
eome talk In dipomatc circles. NJ Gulz0t, as dicet
Cor Of the Acsismy Of France, was Obliged, in that
capacity 70 pay hls respects 60 the President and y
bisn ed new edition o. his two historical sketches
afSW s.hfnaton~ aud Monk" He says that Franes
needs or the other g save hss ana severely oe.
MS preface to wsshiBson will be read With inierest
in ,ss s,nsrssis changes which had bsso decided
.,nop and which mentioned 10 my last. hsve not
tsssn plses Lord westmorelsnd has rstarued TO his
80. 81 psr,tp The psesence Of General Rado riE, aad
.orslsi reception Windsor have given fise 70
srest deal Of comment Prince Aberts bro.nsr,
arara puke of Coburg, iss Prussisn general snd the
tines eonsort s said 10 share the Prusssn popular
es.l,rs with regard TO Germsny. However, get
L.n.a that a hack stair intrigue vas going on at
winssor, the Tsmes Violently sitsoked Prince Albert
ieadlns srticle aud the diplomatic changes have
at t.tsp place Lord Ponsenby (English mt aister "a
xs.nr.l Is ttiil here paron Drouyn de biHays tbs
french Charge Aasires here, has been TO Paris and