The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-12-29

upon Austrian Italy and the Papal States. But
few weeks ago the English journals published
what purported to be the authentic text of speech
which was made by King V1croR EMANUEL to some
officers of high rank at Review of the Sandman
troops in the neighborhood of Turin. In that
speech, the King was reported to have said
Gentlemen, let US be prepared; for it may happen
'that next Spring we may happen to smell gun
powder" We were told moreover that the
columns of the Gazette del Popolo of Turin and
those of the Gazette de Sauoie, gave additional
currency to this significant intimation. Such were
the remarks alleged to have been made, and such
the semi-oihcIal endorsement they had received
The popular agitation at present prevailing
throughout the whole of Italy was also referred
to, as an evidence that important political chances
were expected to take place at an early day. and
it was emphatically predicted that these CHANGES
would not be brought about by MAzz1NI and his
friends, but by LOUIS NAPOLEON and VICTOR ENAN-
UEL. Simultaneous with these rumors, it was an
nounced by remarkably imaginative or very Gre
dulous Paris correspondent, that in addition to
the serious misunderstanding existing between
the French and Austrian Governments, the rela-
tons between the French Government and the Pa
pal Court were far from amicable and that CORE
spondence had been discovered, which disclosed
the whole plans of the Emperor for what was
dellcately termed "the Encouragement of Italy.u
The programme embraced the cooperation of Sar-
dinia France was to furnish for the campaign
eighty thousand men; Sardinia sixty thousand.
and there was to be reserve of forty thousand.
The expulsion of the Austrians from Italy; the
subJugaton of Naples; the compliance of the
Papal Conrt, and the neutrality of the other
European Powers while this s1ittle arrangement
was in the act of being perfected, appear to have
been taken for granted. Assuming then that the
combined arms of France and Sardinia would be
triumphant in Italy, the division of the subugated
provinces was adjusted as follows; Sardinia was
to receive the Duchies of Modena, Parma, Pla-
cenza, and portion of Lombardy. The City of
Rome and the surrounding. Campagna was to.
constitute the only temporal territory left to the
Pope. All the remainder of Italy-the lions
SHARE it will be perceived-was to be placed at
the disposal OF LOUIS NAPOLEON, who was to re-es-
tablish, in Lombardy and Venice, the ancient
kingdom of Italy, and add thereto the Romagna.
Upon the throne of this ancient kingdom, extend
ed by its modern adjuncts Prince JEROME NApo-
LEON was to be seated. Naples, and the whole of
the Papal dominions, with the exception of the
City of Rome, and the malarious district adioin-
ing it, were to be formed into another kingdom
the sovereignty of which was to be vested in the
dynasty ofMURAT; and to give eolat to the newly
established monarchies, the Italian people were to
be called upon to ratfy, by their votes this dis
tribution of the spoils by France and Sardinia.
The programme was certainly ingeniously devised,
and, like the semi-warlike speech ascrbed to the
King of Sardinia, it only lacks one element
that OF truth-to make it important There is no
serious difficulty at present existing between the
Papal and French Governments. There has been
no correspondence brought to light which covers
the plan of an Italian campaign, and, of course
no programme for parcellng out the conquered
territory among the victors and their friends.
The Turin war-speech has dwindled down to a
very commonplace remark upon the necessity of
keeping soldiers well drilled and disciplined, aud
we are informed semi-offcially, by the Monaeur,
that the GOODNESS which has been evnced of late
between the Governments of France and Austria,
has, by no means, reached the point of conpela-
ton. Thus one by one, all the ingenious specu-
lations, which have been built upon the sandy
foundations of rumors from Italy, and canards
from Paris correspondents, have been ruthlessy
swept away. There is to be no invasion
OF Italy, in the Spring, nor any
revolution in the Lombardo-V enitian pro-
vinces, unless MAzzINI and his compatriots sue
coed in rousing the Italians once again to assert
their independence. This events not at all likely
to happen, unless it should be brought about by
a general European war, which, from present ap-
pearances, will most probably not occur for some
time yet to come. There is, nevertheless, strong
popular agitation perceptible in Italy, which has
taken rather whimsical way of expressing itself.
Austria has the monopoly of the tobacco trade,
and the Milanese patriots refuse to smoke Austro-
Italian cigars. Some say it is because they are
not permitted to smoke them in the public Streets
but Others stouty that their selfdenal arises
from higher sentiment. Even admitting it to
be politico-economical movement, it is exceed
ingly doubtful whether it will very seriously en-
barrass the Austrian Exchequer. Unless there
should be war between France and Austria, or
general rising of what KossUTH calls ''the OPP
pressed nationalites," there is scarcely possible
ity of successful revolution in Italy The expe-
riment was tried in 1881 and ls49, and in both
instances it proved lamentable failure notwith-
standing it received the additional support of
CHARLES ALBERT, and the choicest troops which
Sardinia could send into the field.
From "Cdsa Guidi Windows" ELIZABETH BAR
RETr BROWNING witnessed the triumph of the Flo
rentines, when they had wrested from the fears of
their Grand Duke liberal Constitution A few
months later she heard their exulting shouts over
the flight of that Prince and the Inauguration of
Republic. Before a year had passed away, she
saw those same Florentines welcome with enthusi-
astic accamations the return of the ruler they had
so ANONYMOUSLY expelled, aud submit, without
murmur, to the abrogation of the Constitution for
which they had expressed so passionate an attach
ment. The patriotic fervor of the Italians, is of
volcanic nature 1t wastes its energies, for the
most part in fume and smoke, and if it bursts
into an eruption, the molten lava soon cools in its
course, and either hardens into scori or resolves
itself into dust and ashes
HOLLLDAY STREET THEATRE
The complimentary testimonial rendered by num-