The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-05-31

Gusts that false policy has precpitated upon their
plains
That the Italians would themselves prove great
gamers from waged on their own territories
by interested rivals, we have ALWAYS been inclined
to doubt The severity of the ordeal is already
painfully felt by these unhappy people. Not only
mas mas ,he,r territory been ravaged as we before
marked, but their free constitution is suspended
ana great expenditure incurred. The merchant
Is robbed OF his gains, the husbandman of the result
o' MS laoors, and members of every class of the
uinty OF their Tepose and contentment Con-
ulpuuohs are levied both by the invading army and
the nome authorities. The former have racourea
70 thls aroitrary system without compuncton since
IL Is convenient weapon against the population;
ana the latter resort to it for the sole nurnoso o
obtaining supplies to carry on the war Whether
victorious or defeated, Sardinia cannot bnt fail IN
suffer, and her career of progress and internal i'm,
provement must, under any circumstances, be for
some time suspended. The finances of Austria snd
of France can hardly bear the additional pressura
to which the conflict exposes them; and ere a b1tl
has been fought a simple advanfaqe has been 1oiued
on either SIDE, the people beginning to ercla,n
against this crusade for Halian HGerty. If n.
mor can By any be localized and confined 10 he
Italian peninsula, peace may prObubIy be at no
long internal restored. But if the flame is allowed
to spread there is no telling how far the confapra
ton may extend and we regret to learn that great
efforts are being made, in certain quarters to intro
duce new elements into the dispute. France and
Austria obtaining solution of the Italian difficulty
ana hey are In honor bound to adhere to the PLEDGES
that
tend to involve the other Powers of Europe in the
quarrel.
The policy of England is clear, and has been laid
down with sufficient earnestness and precision by
the government. The object of our Mininters is
to preserve strict neutrality. They have nothing
whatever to do with this interested dispute be-
tween two rival Powers, who regard supremacy in
Italy as lit argument for the sword The course
to be pursued by England is well described in the
proclamation issued on Friday last. The agitation
that prevails in Germany renders this firm deter
mutation on the part of England of remaining
strictly neutral, doubly important. Both rulers
and people in many of the German States are i'm
PEELED by strong desire for embarking in the con-
test, and would, their inclination allowed free
scope, at once light up the flames of a European
war; IN fact, no such enthusiasm has been 3citpessed
IN germany SINCE 1878, and it mast be sufficient to
conr'nce the French government that the remembrance
Of former errors has not been obherated and that II
repetition Of the attempt to dictate to ERrOps 1rout
at once bring mang of the old champions into the field
IL Is, however, easier to fan the flame and to in
crease the excitement than to arrest the enthus-
asm, and therefore the policy of England has bean
to endeavor to remove old preudices and to con-
hne this lrruption within certain bounds Italy has
oeen CHOSEN as the battlefield between the contend
ing hosts 1t is the anomalous condition of this nor
ton OF Europe that the combatants seek to remedy
Let Austria and France keep this object steadily
in view, and the Italian campaign will not he Of
long duration. Ihey will be speedily convinced
that the longer the contest lasts the worse will il
be tor Italy and for themselves. The Italian ueope
cannot fail to experience in all their intensity the
horrors war; whilst in France as well as in Austria
an impoverished exchequer, declining trade and
increasing discomfort must be It's inevitable con.
sequences. For these brilliant victory or q suc-
cesStul campaign affords but slight compensation,
whilst the moment the sword is returned to the
scabbard all the parties concerned NAV boast of a
triumph. Then peaceiullyinclined citizens will be
once more permitted to pursue their ayOcations
undisturbed, industry and commerce will be allow
ed free development, and the various nations of the
earth will resume their career of civilization and
Improvement.