The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-04-25

1.-The presence of Count Cavour at Paris and the
uncertain position of the Derby Ministry in Eng
land and reas ons serious enough to make Napoleon
Ill. hesitate about accepting the conditions i'm
posed by Austria upon her acceptance of the pro-
posed Congress. The French Emperor feels that
LORD Pamerston would show him more complais
ance than the Earl of Derby. We in Austria
would not be much distressed if the Congress never
took place. Has not Count Cavour openly declared
that the Congress would come to nothing if Austria
were not elected from Italy? Moreover. if France
wants peace, why does she keep up her vast arma-
ments?''
To this question the Constitmion,e of Paris, very
polntedly replies by another: ''!f Austria really
tcished peace. ,chy did she begin ,ch her vos arnG
mentsF,' The Cologne Gazette, usually well informed
from Prussian diplomatic sources, declares that
The preliminaries of the Congress are not at all
settled, and it is very doubtful whether the Con-
gress will ever meet at all. Austria demands the
disarmament of Sardinia. France and Russia, on
the contrary have proposed that the troops of both
Austria and Sardinia should make a retrograde
movement OF ten miles on each side. Moreover, we
may be sure that France and Russia will reject the
Austrian demand, and that Prussia and England
will probably make common cause with Russia and
with France"
On the other hand, the Berlin correspondent of
the Russian paper lie Lord, positively asserts that
Austria has accepted the bases proposed by England
in the name of Russia and of France and that only
the place of meeting, the composition and the pro-
gramme oil the Congress, are still to be settled.
ATTITUDE OF PRUSSIA.
goes on to say: 'The ornaments of France cause
Prussia no alarm. The Emperor Napoleon does
not think Of making war on the German frontier;
all that he usks is that the Italian question NAV be
settledmwell settled, justly and durably. If Aus
trla will contribute to this work in common with
the rest OF Europe, well and good; if not she shall
have war! This is the force of the French policy
peace shall be preserved the glory of it will be-
long to Prussia, who has maintained her own pol
icy with calm perseverance" The Paris CORE
spondent O. the London Globe does not at all agree
with him, even in his implication of possible pa
citic termination Of the pending negotiations This
gentleman writes:
"France, even on the eve of the great march on
Moscow, never had set in motion such an ever
whelming mass of improved artillery, such enthu-
sastic legions fresh from Crimean and Algerine tri
umphs, such horse, foot, and dragons as are now
marshalled between the Rhone and the Alps. At
Antilles, on the Var, there are 900; at Grenobe,
on the 1sere, 40,OO0 at Valence, 80 OOO at Lyons,
o,OOO at Besancon, 10000; at Toulon there
are transports for 10000 men and material. and
out of the $4,000 in Agers it is positively true that
$4,000 are expecting to be drafted into Italy,
have no certain data to rely on as to what ia
going on beyond the Ticino or on the left bank of
the Pc, but earthworks and palisades and bastions
and redoubts, and disfguring the whole territory.
The Trieste zstung says that million Of francs In