The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-05-12
's7: '1''es :$e: :$s'':sl 5::$ :s LATEST NEWS.
today and to " ~
/ is dull at lie for TELEGRAMS.
aaqa dna had hs been i, al ARRIVAL OF THE PERSIA,
On
Fair mann = avn
ring any advance Ant WAR NEWS.
2
5 lows
n n 5a5Tc; rs Fair Fair t to A LAST HOPE FOR PEACE.
ived
d i37, including THE ALI ANCE RFTWEEN ER ,NCE AND
ha iii1 -Aii-'t'O'' 4'''A A''i1i' ii'4A-'NH 4h'h
Friday S3G35c RUSSIA
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''''-i -'l-'D - 49, ~ NV"
II ermenting, and RUSSIA AGAINST ENGLAND.
If bbls. 40k
fer
half bbls. a ADVANCES OF THE AUSTRIANS CON-
RUMORED DESIGNS or FRANCE AND
RUSSIA AGAINST ENGLAND.
ADVANCES OF THE AUSTRIANS CON-
FIRMED.
POSITION or THE SARDIN1N Arm

The main features of her advices have been anti
pated by the steamer Adelaide, but the details ad,
some facts of interest
The Austrian Correspondence, an official journal
of the Goth ult., after detailing the progress of at
fairs says: "Austria must draw the sword to main
tain European order"
The London Post of the Doth SAYS there was still
a hope for peace, the last English offer of media
tion under serious consideration by the Empe
ror of France; and if the Austrans refrained from
advancing, pacific settlement might still b,
made.
The following are the provisions of the Russo
French treaties as given by the Times:
BY the first treaty Russia binds herself, in the
event OF France being at war with Austria, to as
sist France with the cooperation of her fleets il
the Baltic and the Mediterranean, and to place al
army fifty thousand men on the Austrian from
tier. This, the Times says, is directed obviously
against England and its existence is a proof that
such it would be impossible for England to allow
to pass unchaenged The Russian army of obser
vaton, the Times concludes, is to excite insurrec-
ton among the Hungarians and Sclaves.
The second treaty provides that in Austria
shall invade Sardinia, Russia shall declare war
against her within fifteen days of her violation of
PiedmonteSe soil.
The Times maintains that England need take no
active part so long the is confined to Italy,
but if France and Russia attack Austria in Germa-
East of Europe-or if Prussia should be laid under
contribution of her territory, then the design of
the treaties would become no less than partition
of Europe, and the first principle of preservation
would compel us to consider whether we can better
defend ourselves on the continent or at our own
homeSteads However much we may desire to keep
clear of these complications, the existence of great
German Power is essential to our safety.
PROCLAMATIONO OF THE KING OF SARDINIA.
The following is summary of the proclamation
OF the King OF Sardinia to his army:
''The King regards the demand of Austria to dis
arm as an outrage on himself ard nation, and he
has, therefore, repelled the demand with disdain
and scOrn."
''The King calls to mind Italv's cry and anguish,
and says: 81 vii be your captain. | have proved
your valor the field of battle by the side of your
illustrOus father. This time you will have for your
comrades gallant French soldiers--your comp pan
ions on the Tchernaya. whom the Emperor has sent
to support and defend our just and cviizing cause
Forward then to victory! Let our banners announce
to you that object, like our war cry, is 'Iade-
pendence to HdIy.'"
Prince Carigan had been appointed Lieut.. Gen
eral of the Piedmont army during the war.
The Universities of Piedmont have been closed by
a royal decree
The Sardinians had retired from Paasza to the
west bank of the Sesia.
The great mass of the Sandman army, seventy
five thousand t'ong, was condensed about the
fortresses of AlesSandra and 0asale with a second
line at the foot of the Appenines, between Noyo and
Tortona.
The Turin correspondent of the Times does not
think the Austrians will reach the capital as the
country had all been laid under water by means of
the canals for irrigation and means had been taken
to render the roads temporarily impractcable.
The Sandman government had appropriated all
the horses belonging to private individuals, the
highest price allowed being fl6 sterling.
The news of Tuscany Joining Piedmont and France
is confirmed. The Grand Duke refused to abdcate,
but retired to Bologna after throwing himself upon
the protection of the five great powers. The Tus-
can army is fifteen thousand strong. 1t was said
that Victor Emmanuel had been made Dictator of
Tuscany.
ENGLAND.
The channel squadron which had gone to the
Mediterranean, was to be Immediately recalled and
four new ships OF the line have been placed in
commission.
1t is said that the French and Russian Govern
ments have lately been procuring large supplies of
charts and surveys of the English coast and of the
English stations on the Mediterranean. Also that
they have been engaged in making large purchases
of COAL irrespective of price quality 1t is also
intimated that an extensive order for charts have
been received from the Spanish Government and
the inference was that Spain would throw herself
into the arms Of France. Twenty-seven gun boats
with some vessels of larger size, are building on the
Thames for the Spanish Government, and it has
been suggested that Spain may possibly be acting
merely the agent of other powers
Large quantities of ammunition and gums are
being shipped to Gibraltar and Malta by the British
Government.
General Williams, of Kars, has been appointed
Commander-in chief Of Canada.
The returns of the Bank of England show a-de
crease of f4ll 600 sterling in specie
A large operator on the Liverpool Exchange
named Roberts, has been declared a defaulter His
liabilities stated at from three to $500 600 ster
ing.
THE LATEST.
The Persia sailed at 10 o'clock A. NJ. of Satur-
day, consequently her advces instead of being later
than the Adeladcs are not so late by several hours
but we have added some interesting particulars.
The panic in the London Exchange is intense
Over fifty stock brokers have failed. Some quite
important firms.
The new India loan declined per cent
Five per cent discount was demanded by the
Bank and money was dull at the increased rate.
In the discount market per cent to 81 was
asked, and the lowest rates for six months bills
The rates of Continental Exchange are lower Aus
trian Exchange is almost nominal
The Times and other morning journals deny au-
thoritatvely that Denmark had concluded treaty
offensive and defensive with France. The Herald
says that Modena and Parma have also declared for
Sardinia.
The Times of Saturday. in reiterating its previous
statement, says that the advanced post of the Aus
trian army crossed the Ticino the 26:h and took
their position on the enemy's territory, and the
main army crossed on the 29th
BY all accounts the Austrians had determined on
a vigorous movement, and there be little
uOuDI are ueSlfOuS oil striking blow before the
French troops can reach them.
The war enthusiasm is increasing in France and
Paris is in high state of excitement. The French
were unprepared for this sudden movement of the
Austrians, they expecting to begin the at their
leisure somewhere about the end of Nav.
The difficulties and delays on mint coins will be
considerable. and although the French troops are
carried rapidly to Genoa, they arrive there with
out the means of entering on the cam paign imme-
diately.
The French Govnrnmenf had rooa;rad ;ptoIl;
gence OF an outbreak in Algeria, which would pro-
badly require the return of the troops lately sent
to Italy.
The Ministry of Police is to be re-estabrshed
after the fashion of the first empire.
The French army of observation on the Rhine
will consist of eight divisions of cavalry and as
many infantry.
Eight steam frgates filled with troops left Toulon
on the 26th for Genoa.
The French army on the slope of the Alps will
consist OF sixteen divisions of infantry and four of
cavalry. The infantry are to march to their desti-
nation. Fourteen out of twenty-five battalons of
Chasseurs are to form part Of the army of the
Alps.
Genoa is to be occupied as the basis of operations
whence the French can threaten the Austran's left
flank. There is to be another basis of operation at
Susa, which will be also fortified and made gen.
eral depot for troops that arrive through the AL
pine pass
The French troops experienced severe difficulty
IN crossing Mount Gents, but four thousand work
men were employed in clearing away immense
masses of snow, and It was expected by the end of
the week there would be eighty thousand French
troops in italy.
The Times says that nearly all the naval engi-
neers have their hands full of foreign orders
Up to Friday night one hundred and forly-two
members had been elected to the new Parliament;
one hundred and twelve of the members without
opposition.
The London Herald asserts, on what it calls the
best authority, that secret treaty had been signed
between France and Austria. The Russians, it
says, merely offered to place fifty thousand men as
an army OF observation the frontiers of Galicia
The Times, however, saws:
with respect to this treaty we have nothing es-
senta to retract. 1t is not in the nature of
treaty to be known in detail within a week after
signature, but the main facts are, we fear beyond
doubt"
The Herald says, speaking of the proposed Eng
llsh mediation. that further attempts appear use
less. The French Emperor, it believes, is anxious
to reopen negotiations by means of a conference
between England, Russia and Prussia, to be held
during sort of armistice between the actual lit-
giants.
From Washington.
WASHINGTON, May ll.-Judge Smallev, of Yer.
ham, OF Ohio, Secretary of the Democratic National
Executive Committee, have to day, by virtue of the
power given to them in the premises, concluded to
call meeting of the committee about the 7th of
December next formal notice of which will be pub
lshed in October. This committee will fix the time
for the assembling of the Democratic National Con-
vention at Charleston, which will probably be to-
ward the close of April or early in May, 1850. The
members of the Executive Committee are the same