The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-07-22
Special Despatch TO the Exchange
OPINIONS OF THE ENGLISH PRESS.
REGARDED AS CERTAIN.
NEW YORK, July 81

NEW YORK, July 81.
From tie London Times
If this armistice is but truce like that concluded ten
years between Radetzky Charles Albert then il
fatal concession the part of Francis Joseph for it
viii enable his enemy to repair his strength We will
hope, however, in consenng to this armstce the Empe
ror of Austria has made his mind to the necessary con-
dons of peace The nature of those conditions cannot
but have presented themselves him. On the evening
of that day of Soerino, all hope establishing the
authority of Austria any portion Lomba rd must
have passed away like dream in the morning He must
have felt that the moment either for absolute sub
mission, or for another obstinate, hopeless fight
chosen the former alternative He has submitted Well
what will be the terms The progress of this contest
has done much disclose us the character of the
man who has brought this campaign so speedy
| termination. He has never swerved from his form
| ed design. but he is never elated by success,
and is content to march, step by step by short but
certain advances to the objects he proposed
He may be expected to be moderate in the of his
triumph But howev er moderate he may be, Austria
scarcely expect more than to be allowed enjoy
she has for the moment preserved L2mbardy is gone
and the forresses which enabled her dominate om-
hardy cannot be expected TO remain Internationally
| her hands.
Venice not yet part of the French conquests
may stPuate that the Queen of the Adriatfc may al
lowed to retain an independent character under the
popular OF her Archdukes Lombardy however has fallen
beneath the sword and the conqueror dispose lit
according to his will. The House Lords was about
this ening soemnly debate the proprey ofnterfer
| ing by mediation between the warrlng powers They
have themselves saved this humane but very delicate
enterprise The just and comprehensive terms which
Lord Stratford De Radcliffe prepared vocate in
the House of Lords will longer be the suggestion
OF England or Germany Russia. Austria has chosen
to take the sword and by fortune of the must
abide Any recommencement of hostites is of the
question. Her enemy is position which sh
herself held when days suced for Radetzky to
finish the previous Before this is ended the
French army will be refreshed and re-inforced feet o
gunboats will be ready launching upon the lake that
surrounds Mantua, and great army will he ready to
make its descent upon the sho es of northern Italy
shp hett
able to night at this moment than she will be any
that the path peace will be smooth to her for the
Emperor has the advantage which for the moment he
proposes to himself He has climbed this days Journey
and he is probably inclined to halt rest and recruit
his strength and to the altitude above him If
this should be ana this between France and Aus
power of the conflict and Europe will
look on with still increasing interest much meditaug
upon tha future while she rests upon her arms.
From tie London Daily NeloS.
Just as every body expecting nelli gence of the
IN Italy, come news of an armistice The announcement
in itself so important is unattended by any statement of
its origin which might give clue its probable conse
quences. is customary in circumstances like those in
which find ourselves, to recommend moderation
to the victorious party, but the policy avowed by the
French Emperor leaves for this advice This is
not war of conquest or ambition Napoleon disavowed
personal or dynasc designs before he crossed Tcno
and on the morrow OF the victory of Magenta he repeated
the same solemn protestaon. 1t was then that
he proclaimed to the people Of Italy your desire
Oh independence so long expressed, so often de
ceived, will be realized if you yourselves worthy
OF tomorrow VIII be free citizens q
try" To violate this pledge would not be moderate
and no must ask him to do this j. necessary for
the progress of the age that should be shut out
OF Italy is necessary for the tranquility Europe
that strong and thoroughly national State to pre-
vent the repasses of foreigners should hold North Of
Italy. II these facts boldly recognized great
the work of negot alton will be short bene
cient. The circular just issued NY WaeW ski con-
tanned that the Empero the French far from
desiring to dispose of the territory and government
Italy, merely successful warrior, without consulting
other European powers, would himself ask the con-
of those powers in settling the affairs
country opporturle moment might arrive.
We able to state that the other hand, Prussia
whose movements are now eng ossing much attention
in the supposon that she is tbout to pursue merely
national policy has expressed and still expresses willing
work of mediation, wheneve proper time arrives but
no definite proposal for the settlement Of Italy
be said to have been made by the Russian government
From the London Post
me french have been victorious thus far and they find
themselves on the point of attempting and probably Of
carrying the vast Austrian position in Italy Supposing
hat DONE they will stand face with Austrias big
brother, the German Confederation .att
the prospect OF general and huge European is
isheiu Ihe Austrian Empire is in critical po
lhe revolt OF Hungary is imminent, and every
her poVlhc IS disconented But it is the object OF
70 destroy Austria; that would be game dan
serous as unprohtaoie Napoleon. therefore, short
pee WheIner Austria will consent to purchase safety
and fair peace at the price sacrificing her Italian
sway We think she will All Europe will now at once
step in to render their advice to prevent the
recon meneng The freedom Itay is won that ia snf
eient Austria is driven Let France also retire
Let the due portion be given to Sardniasecularze thu
government OF the Pope and let the of Naples re-
turn TO constitutional government These bases of