The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-08-01
PRICE TWO CENTS

rites. The Threes now at 6Sf 30c., being fall
oil II. on yesterdays prices
'.Ihe King OF Sardinia has arrived in Milan His
MAJESTY VIII, 1T is expected renounce his title to
Lombardy, and in all probability abdicate."
The Paris correspondent of the Times of the same
date (second editiOn) SAYS:
1.-The Emperors proclamation to the army of
Italy, which appears in to-day's Woniieur has not
much diminished the dissatisfaction of those who
counted upOE complete fufment of the Imperial
programme-the emancipation of Italy from the
Alps to the Adriatic.' 1t was hardly worth while,
they say, to sacrifice so many thousands of lives
and spend so many millions, for which far better
application might be found, to expose even the
crown of France, merely to give Lombardy TO
Victor Emanuel Italy shall be free to the Adriatic'
Each one asks his neghbor what the Emperor real
ly did mean by this magnificent phrase? In a
word, the dsc0ntented can see nothing fixed, no
thing dehned-and the only point they seem to
agree upon is that, whatever quality the Emperor
Napoleon possesses, he has not on this occasion
gwen proof of common sense
Others, still more queruous and more unreason-
aOle, carry their complaints further. They have
the audacty to Affirm that the transfer of the i'm
perial rights over Lombardy minus Veneta and
minus MN u.s. everything else, is not equivalent for
5OO, 900 OO0f and mountains of slain. hear of
procamations being torn or defaced in certain
quarters the city inhabited by the mechanical or
the student class; and Of very strong comments by
several several VINO stop to read them. fear much that
those who desired to take the horses from the En-
peror's carriage and draw it to the railroad sta
ton, when he was leaving for Italy on the 10th
May last, would now allow the cortege to enter
without any such let or hindrance troublesome
though lattering''
THE REVOLUTION IN THE RoMAGNA
The London Times has received from Rome the
following letter, dated the 5th inst
"Ihe revolution triumphs throughout the Ro-
magma. The towns f ON Ferrara to La CattoIica
nave pronounced they have likewise named pro-
vlsiena juntas, and demanded their annexation to
Gledmont. These towns are Ferrara, Bologna,
lmola, Forh Casena, B0rtmora, Convia, Sauto Ar
cangelo, SavignanO, and Rimini. All are begin
ming to place themselves in communication with
bologna, and to receive their orders from that
place. y despatch of NJ. de Cavour, dated the 26th
OF June, has communicated to us the reply of the
hing OF Sardinia to the deputation which Boognese
sent to the camp. King Victor Emanuel refuses to
accept the Dictatorship of the ROmagna as he ac-
cepted that OF the insurgents of Tuscany Parma and
Modena. But, on the other hand, he has consented
to take the direction of the troops which the nsur-
gents of the Romagna are forming for the war of
independence.
"Everrybody asks how the Pope will act under ex-
istng circumstances The Pontifical government
has not sufficient military force to recover posses
sion of the Legations. Every day the arrangement
OF matters is becoming more difficult. Tue Provis-
lOnal Juntas order levy of troops either to re-
sist the AuStrians to fight the Pontifcal troops
in case they should attempt to recover the Ro-
magma. The Pope is, consequently, reduced to the
necessity OF protesting against the conduct of the
Hardlnlan government, which is tomenting the rev.
ouon in the PontifcaI States of which the neutral
ity was recognised both by France and Austria
All the rest of the Pontiica dominions are perfect
~ quiet. Some towns, such Perugia, Urbino,
Sinigaga, Fano, and Citta d CASTILLO, had fol
lowed the example of Bologna. But they have al
ready made their submission; others have been
compelled to submit by the Pontifcal troops.
Some foreign emissaries endeavored to raise the
population of FabrianO but they only succeeded in
hosting the national coors at the Town-House
The energy of the Marquis Morici, the delegate of
the province, preserved tranquility at Forma. At
the first movement he imprisoned the principal agi-
tators, and the others fed. Among those imprison-
ed is the Marquis de Trevisani, a relative of the
Prince of Canine. To speak frankly, if the Cardi-
mails Legate of Forli, Perugia, and Ancona had ex-
hibited more energy-if they had merely performed
their duty-the provinces under their direction
would not have risen in insurection, and we should
not have to lament the sad events of Perugia. All
these facts will, trust open the eyes of the Pope
and induce him not again to place at the head OF
provinces prelates without either talent or expert
ence. We are expecting 1000 men from France
to increase the French army Of occupation at Rome
to 10000 men,"