The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-07-11

French and the King of Sardinia as all tho world
knows, nave pledged themselves to effect the emon
cipaton OF Italy from the Austrians and can there
Iore isteh 10 no pretence OF Germany to keep up
fortresses and garrisons in that rountry. IJndar
these circumstances the statement of an
contemporary, "that the Regent of Prussia has an
nounced that the line of the Minco must be consid
cred defence Of Germany" becomes exceedingly
serious. But to whom, let ask, has he announced
ths2 To the British Government? Certainly
not. To the French Government? We have the
best reasons for believing that he has not. To the
Austrian Government? We cannot say. If, how
ever the Times is prepared to make statement to
that eject we shall not think of questioning its au-
thorty. Meanwhile it is an important fact that as
tar as her declaration to the two great Powers of
western Europe are concerned Prussia is still free
to pursue a wise and European policy. Whatever
the Prince Regent may have wbispered in the ears
OF his German friends, he has not vet communicated
the purposes ascribed to him either to the most
powerful of his belligerent or the most friendly of
his neutral neighbors
From the Independence Belize June 22l
II these propositions (given abOve) are conveyed
to Vienna and Paris, we believe we are able to
state with certainty that Austria will accent them
probably has already accepted them-and that
france Will reject them. EXCEPTING the nrevinus
disarmament (now out of question: the above are
the propositions made by Lord Cowley-proposi-
tlons that were reasonable before the war but
which, after the battles of Montebeo, Paestro,
Magenta and Marignan, the conquest of Lombardv
agitation IN the Legations and the disturbances
which begin to manifest themselves even at Venice
VIII lnfallbly be refused by France If in spite Of
TINS REFUSAL Prussia insists on exercising an influ
ence over the settlement of the Italian onestions in
such manner that the European equilibrium shall
not be deranged, it is natural to conclude from the
anterior declarations Of the Cabinet of the Tuleries
that 1T will not refuse to recognize the RIGHTS of
Prussia exerted conditions of absolute mpartial-
lty; that it will accede even to the meeting OF con-
gress charged with preserving the interest of Eu-
rope IN the future territorial arrangements of
the Italian peninsula, but only after the expuI-
SION OF the Austrians from Italy-the end assigned
Ior the present campaign in the proclamation of
Napoleon III. at the outbreak of the war. As for
the annexations of territory made bv Sardinia
france Will be able to reply that she only considers
them as events of the war, necessary to the central
lzatlon OF military operations against Austria but
eSsenualy temporary, and which, to become defni-
tive, Will require to be sanctioned at once by the
plainly expressed wishes of the populations con-
cerned, and the consent of Europe.
, Inc Correspondent de Hamburg having stated
that the bases of the Prussian mediation is the abo
Iltion OF the private treaties of Austria with the
small Italian States and the realization of reforms
IN Italy, and that Austria and Prussia are now
agreed upon these points (Which formed the object
OF General WiLisen's recent mission to Vienpa) the
rotr'e exclaims: Chow long has the Correspondent
been asleep? Does it know that we have driven
the Austrians out of Piedmont which they had in
Vaded; that Austria has already lost Lombardy;
that the allied armies approaching the Mipcio
ana tnat the complete and absolute liberation of
Italy from Austrian domination is the only reform,
that can now be talked off"
SHIPPING INTELLIGENCE
Arrived from New York June 23d,-Wrnstart, Peru
Dover; 26th,-Fedes at Deal.
Arrived from New Orleans June Oth,-Roger Defoe
at barcelona 26th,-Pocahontas, at Liverpool
Arrived from Charleston, June 25th,-Kalamazoo at
Liverpool -
Arrived from Savannah, June 26th,-Jesse Brown, at
Sailed for New York. June 25th,-Mont Blanc, from
Cardiff; sandusky, from Tralee 27th-Iverpool from
COMMERCIAL INTELLIGENCE,
LIVERPOOL COTTON MARKET.-The Cotton market
opened an The sales Of the three days add up $1,000
oaeS OF which 5000 were taken speculation and for
export The market closed with freer offers to sell ON
the part Of the holders but without any pressing on the
par OF buyers and previous quotations maintained
STATE OF TRADE IN MISUNDERSTANDING advices
from Manchester continued favorable, and the market
LIVERPOOL BREADSTUFFS MARKET Nessrs
Richardson, Spence Co. quote breadstus as tending
downward FLOUR was offered at higher prices but the
The quotations are 1O, Cd @18s Cd The prices of
Wheat easier, but without any decided chance.
estern red was quoted at Ssd9s. 1Od white 9s Cd la
los 3D. Southern white los G1l2s All qualities of Corn
l1dG6s; white Ss.d8s 3D.
LIVERPOOL PROVISION MARKET. .-Messrs Rigland
Athya Co, James McHenry & Co, and others quote
Beet Pork and Bacon dull. Lard heavy and declined
LIVERPOOL PRODUCE MARKET -Rosin firm at 81.
Gas for common Spirits Turpentine steady at 39s
gI4os. sugar quiet. Coffee dull Rice steady. Ashes
dull; Pots 26s for old and 27s for new Pearls 3Os
LONDON MARKET.-Wheat was active and in some
cases had advanced Is Sugar firm for the hest ouai
ties the inferior grades had declined Cd Coffee was
buoyant for the good qualities but heavy the inferior
ones Rice firm. Tea steady. Tallow firm at 55s Cd
Linseed Oil 29s.
LONDON MONEY MARKET.-The money market was
slightly more stringent and active ConsoIs closed on
Tuesday at 92b d924 for the account ex-diviend
AMERICAN SECC CRITIES-A merican Securities were
3S discount