The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-07-26
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DETAILS OF THE LATEST NEWS.
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Haat. THE ARMISTICE.
THE PEACE NEGOTIATIONS.
THE AGREEMENT OF THE EMPERoRs
COMMENTS or THE LONDON PRESS.
GENERAL NEWS.

The two Emperors had interview at Villa
Franco on the morning of the 11th. The Emperor
OF Austria was accompanied by Generals Hess,
Gramme, kellner, Kollonstein, Roming, Schlitter
and others of his staff. .. . - ...,.-.... .... -.
TURIN, July ll.-An official bulletin publishes
the text of the armstice. Besides the articles al
ready known it is stated that the belligerent ar
mics will keep the positions they now occupy. The
railways to Verona, Peschiera and Mantua NAV.
during the armistice, be used to carry provisions
to these fortresses
Pesehiera and Mantua are being provisioned, and
the provisioning of Verona will be completed in
two days. ' .-.5H '....s s17 ."-aH la1a l-HtrI
The works offens We and defensive of Peschiera,
are to remain in their present state. . XIII .-
The convention is signed by Marshal Valiant
and Generals Martinbrey, Della Rocca, Hess and
Murdorf. d, OMEN
The Emperor Napoleon has issued the following
order of the day ....
VALLEGTo, July TO- 1859.
Soldiers: An armistice was concluded on the
Sth inst between the beligerent parties to extend
to the 10Th of August. This truce will permit YOU
to rest after your glorious labors and to recover
II necessary new strength, to conclude the work
which you have so glOriously inaugurated bv your
courage and resolution. | am about to return to
PaTls, and shall leave the provisional command of
the army TO Marshall Vaillant-but as soon as the
holl VI ComudJ sldll nave struck, Will
again in your midst to partake of your dangers
The Times Vienna correspondent saws that it
was believed there that the British government had
brought about the armistice.
Another authority says that the Prince Recent
OF Prussia took the initatory in suggesting the
armistice.
The Vienna Gazette says of the armistiee, that an
autograph letter, addressed by the Emperor Ma
pOleOn to the Emperor of Austria led to the nepoti
alton, the result of which five weeks armis-
tice.
IT
A Verona telegraphic despatch says that the ar
mlStce was concluded after repeated requests from
the French and after their consent had been OBJ
tanned to all the conditions asked by Austria.
Count Cavour had left Turin for the head-quar-
| ters of the allied armies.
The gun-boats destined for TIE bombardment of
Peschiera have been launched on the Lake de
Garda.
The Times Paris correspondent says that typhus
fever ragged in both camps in Italy, and that ten to
eleven thousand were attacked with it in the allied
| army
1t was said that Napoleon's plan for revolution
lzlng Hungary and Pennsylvania disapproved
| of by Russia.
1t was reported that Kossuth was to propose a
monarchial government for Hungary
| Trieste telegram says that the Austrian war
steamer Curlatone, backed by the garrison of the
fortress, sustained successful contest on the 7th
in the channel Of the Zara, with the French frig-
ate Impetuse.
The French squadron was sailing on the Sth to-
wards Pola.
TRIESTE, July ll.-Fourteen war steamers were
~ PEACE CONCLUDED.
LATEST BY TELEGRAPH FROM LONDON LIVERPOOL.
| The result of the interview between the Empe-
| ror of France and the Emperor of Austria was
the conclusion of peace. The following is tae
telegram from Napoleon to the Empress, an
nouncng the fact.
VALLEGIo, July ll.-Peace is signed by the En-
peror of Austria and myself The basis of peace
are: The Italian Confederation under the honorary
presidency of the Pope; the Emperor of Austria
nnahnS rfrrl,t
the French, who transfers them to the King of Sar-
dinia; the Emperor of Austria preserves Venice,
but she will form an integral part of the Italian
| confederation.
| on the 18th, and the funds two and half per
cent, the closing quotations are not mentioned, but
were about 70f
The news did not transpre in London till after
the Official closing hour of cOnsols, that its full
effect is not known sales were made late in the
day at 961%.
The Daily Nees' city article says that the funds
on Tuesday opened quiet, and business remained
stagnant until about two o clock when consols we're
quoted q per cent lower than Monday; infu
ential buyers, who believed TO act good for
elgn information, then came forward, and by three
o'clock rise of one half per cent. had taken places
between three and -four, and still later hour in
creased buoyancy prevailed, owing to kilograms
| from Paris announcing an official declaration of
peace, and advance of two per cent. in the
rentes. ConsOls finally lett off three-iourths per
cent. higher than on Monday, and seven-eighths
per cent. above the lowest point of the day. The
other classes of securities responded in the after
noon to the buoyancy of the funds In the discount
market on Tuesday the best bills were taken at ~
per cent. The peace is expected to stimulate COM
mercial enterprise, and lead to higher value Of
money.
The tendency of the foreign exchange this after
noon in some instances was rather adverse. Bills
on Holland and Hamburger were quoted slightly
lower. The principal demand, however, was for
paper st. Petersburgh and Austria, for which
quotations considerably less favorable for this coun-
try were established. There was no alteration of
Importance in the produce market, but regards
sugar. and some other articles, firmness prevailed.
Silk market strong 1T being anticipated that the
merous buyers, who have been deferred from ope-
rations by the war, will now come forward
The Times city article says several large purchases
took place, and consols speedily improved nearly
one per cent, the tendency in that direction being
greatly stimulated by the fact that nearly all the
spectators operating had been for fall, and that
there was, consequently, rush to buy back any
terms. There were no bullion operations at the
bank on Tuesday. The supply of money increases
with the payment of the dividends, and the impress
sion that the bank minimum may be reduced on
Thusday, assisted the funds in their upward move
ment.
The Daily NeVs alfirms that the past hope and
expectations of Italy are deceived. 1t adds
'Hisory will call the Emperor to a strict account
for having made war on false pretensions, and
signed mock add selfish peace-a peace that leaves
Austria impregnably fortified in northern Italy;
that connects central Italy to the patronage of the
rope, ana to the constant OF military inter-
vention on the part of the POpes patrons and pro-
tectors that takes account of the welfare of the
people; and substitutes for national independence
a confederation under the lock and key of Austrian
garrisons. The Emperor of France has the
seeds offuture wars, and the closer we examine tho
pretended pacifcation, the more futile and iniqui
tous it appears .
The Morning Post contends that the soul of the
treaty agreed upon is the nationality guaranteed
under every variety of local government in
federation of the Italian States
The Emperor of Austria is to be King of Venetia
solely internal member of the confedet alton;
he will rule less than three million Italians, and
will be controlled by confederation ruling not less
than twenty-six millions. The Pope is shorn yir-
tually of his temporal supremacy; be is deprived
of the substance, but keeps the shadow.
The Times SAYS that Venice must hope that her
independence will not be mere name, and that the
influence of France and Austria united will not be
more unbearable than that of Austria singly. The
Romans must hope that the Italian confederacy
under the honorary Presidency of the Pope. will
be nothing like any government they have hither-
to known. The Papal States are left as they were
but with master somewhat greater than be-
fore; he is honorary President of the Italian con-
federation, and General Goyon holds the sword by
bis side. ...-...... -, Ha.
The King of Naples is made member the con-
federation, and has to learn the worth of that honor
and its import. Europehas to welcome new power
the German confederation, older in dignity if not
in time. England has nothing to do but to luok on
Austria is somewhat humbled, but relieved of diff
that mistrusts her and neighbOr that has earned
an imperishabe and inexhaustible claim to her
gratitude. The grand dukes, we suppose, once
more to be re-nstated in their thrones. France has
now the game in her hands. She has Europe
before her. She raise all Italy and half the
Austrian empire against those Germans whom she
has often beaten; yet,on the very summit of her
ambition she renounces. France has spent fifty
millions sterling and $4,000 men only to give Milan
a Piedmontese instead of an Austrian master and
to establish the Pope in a temporal dignity even
beyond his imagination and capable of extension.
Is all this real? The Emperor's game must be
very long one. ....
/ . .l. D.. GREAT BRITAIN.
In the House of Commons, on the 1lth, the gov
ernment guarantee to the Red Sea Telegraph
Company debated a motion to postpone the
confirmation of the guarantee. 1t was generally
conceded that it too late to cancel the contract
and the motion TO postpone was rejected, and the
action Of the House of Lords in the matter was
agreed to. 20. . '. B. I'D.
Mr.. D'Israei inquired whether the government
had received information on the subject of the ar
mstice-whether it was mere military interyen-
tiOn or whether it involved any prospect of nego-
tiations for peace
Lord John Russell said nothing appeared on the
face of the armstice to indicate that it applied to
any thing but military purposes. 1t was, however,
for five weeks, and he trusted that during that in
terval the beligerent powers would be ready to
propOse terms by which hostilities will be ended.
The government had exclusive information, but
expected dispatches soon
Gen. Peel announced that the entire military
| foro in tho he Isfo lima