The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-08-03
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y, Excellenza," answered Roihschild, laughing
The event has proved the truth of this opinion for
! the boursc gave way like ice beneath the SUM- when
the news arrived yesterday oc the acceptance Of
the Counts resignation by the King and the rentes
| fell franc!
THE IMPERIAL EMBRACE OF NAPOLEON.
| -, ~ Paris correspondent Of the Nord gives on
the authority of dispatches received from the
headquarters of the French army the following re-
SyPeeung the interview of the two Emperors at
| Nlllatranca:
When the two sovereigns met their first noyo-
ment would naturally have been to offer the hand.
but the Emperor Napoleon said:
Sire, come to you with sentiments of LOYALTY
| and cOrdiality, OF which you certainly rarrakG
Let us embrace" And the two Emperors threw
| themselves into each others arms.
The interview lasted nearly the whole day.
NAPOLEON ANNOUNCING THE PEACE TO VICTOR
! EMANUEL.
Paris, Jttly 16, correspondence Of London Mus
J have seen a Turin letter, which states that
when the Emperor Napoean announced to King
! Victor Emanuel the terms of the treaty of Villa,
tranca, he said, "Has your Majesty any observa-
| tions to make?"
The King, understanding at once the situation.
| rephed by the question, "Iias your Majesty any
hing to add?" The two sovereigns bowed and
parted.
! THE LONDON TIMES ON THE PEACE
Every actor in the late war thinks it necessary to
! apologize to the world for the conditions OF the
peace. lt something that even irresistible power
! should feel some homage due to outraged faith
| glorious work of rendering Italy free from the
| Alps to the Adratic so incomplete if she had not
| feared to draw on general European war. Sar-
| dinla, while swallowing her humiliation covers
her retreat from the scene with decent nrorri.ss
as to how she will the gains she has acquired
Austria, more frank, declares tn she has ceased t
war with the Emperor of the French because she
| has discovered that he is her best friend ''The
! mediation Of ma ural federal allies promised les
| favorable conditions than direct UNDERSTANDING"
THIS means that OF all the powers OF Europe Napo-
! leon III. alone would acquicsce in Austria retain
| ing Nenctla and restoring the Archdukes Enr-
! lands opinion on this subject could not be
mistaken; Prussia, Notwithstanding the hatred of
that nation for the French, would give no sanction
| to any further Austrian interference in ItaIy-
Even Russia, engaged in manumitting her serfs
ana IN developing her own internal resources could
not, despotic as she is make herself party to the
scandal OF Austrian tyranny in Italy. All Aus
! tras friends were ready to pronounce her in the
| wrong. Her only sympathiscrs were to be found
| in the camp of her enemy. 1t was the champion of
Italian unity and Italian liberty, it was the hone
and stay of Italian patriots and hungarian exiles
| it was the enemy who in the name of freedom had
| struck her down, that raised her from the earth
and gave her back that rod of iron. Austria had
been looking to England, to GERMANY to Russia
for assistance against France, and in the moment
of her need she found that France was the only
power which really meant what she meant
The Emperor of Austria found ont this great
truth while discussing his breakfast with the
Emperor Napoleon, and he will not forget il if
niicanty aludes in his address to his soldiers.
However cruelty Austria's now intimate ally NAV
have dashed the hopes Of the English and Italian
admirers he has up to this time lOvaly kept faith
with his new friend. If there was one feeling
! stronger than another in the Austrian breast il
must have been hatred of Sardinia 1t was hatred
| in which contempt entered sufficiently to increase
Its bitterness without diminishing its intensity Ma
! poeOn has gratitied this passion to an extent that
! ought to appease even Francis joseph. When Wal
! pole and Puteney had been raised TO the pcrrane
WapOe said to his old opponent, the first time they
met in the House of Lords, ''YOu and l. nv Lord
| Bath, are now the two most insignificant men in
| England It was not true of Walpole but it was
undoubtedly true Of Puteney. Francis Joseph
might address a similar phrase to the aggrandiZed
! King of Piedmont and Lombardv.
Victor Emanuel was a constitutional king, GOV
erhng with a constitutional minister, and uniting
in himself all the patriotic affections of the whole
! Italian race. He is now become the humble de
pendant of the Emperor Of the French. He spOsted
and proclaimed as such in the Empnrors address to
his army. He is renounced anddiscarded by Cavour
! and all who thought that when they were serving
| Victor Emanuel they were working out the free
! dom of Italy. 70 complete his public humiliation
! Napoleon Ill. has now given him of his own
followers to be his Minister in the place Of Cavour
! Count Arcse is against whom Austria could
| have nought to urge. She might herself have ap-
! pointed him to Tuscany or to MOdena il either Of
| the Grand Dukes had failed her. Arcse has been,
| during long life, the intimate friend Of Louis Ma
| pneOn. He was with him in America in his Young
| DAYS of adventure. He was with him throughout
all this campaign; and, in order that he might have
! proper pretcXt for being constantly in the com
pany of the Emperor he held the official position of
Sandman Commissioner with the French Armv.-
| Arese, moreover, is a Lombard, aud not Piedmon-
tese. He has embarrassing antecedents Of a con
! stitutonal character. He doubtless understands
the most effective means of dealing with those Ita-
an patriots who are now cutting and pcltinr ihr
newsvcnderS for crying through the streets of the
Lombard cities the conditions OF this glorious peace
Austria must hope that the good humor Of her
soon arise, which were probably not fully discussed
at that friendly breakfast party. We can under
stand that the losses Of the two armies and similar
topics might readily be set aside .if yau want tn
| make an omelct," saws the French prnvcrh. '.vou
must not mind breaking the eggs but there are
| omeets yet to be made, and it is not quite clear
| how the eggs are to be laid wherewith to make
them. w e are now told that Europe is not to be
| in any way consulted upon these matters that
! Austria and France will meet at Zurich to settle
the terms of peace. and that Sardinia-beinp, we
! suppose, now quite tractahle under the guidance
! OF Arrests to be admitted To the Conference
| We are no advocates for a Congress- We
| are glad to escape from so entangling and
| so unsatisfactory task that of giving effect
! to Louis Napoleon's great scheme Of cuusoIj-
| dating deSp0tlSm IN the Italian peninsula iiut
it occurs to that there is some questions to hr
settled by this Zurich Conference which will trans
cend the powers of the parties t. the treaty of lila
| franca Those two Archdukss ave to he carl iud
back again to Modena and to Florence. Who is 20
| do it? The army of the "ltalian ToufuGsrution?"
The Confederation itself is not yet in being When
it shall come into existence of what viii its army
consist? If of cOutinEents from the Italian States
then the army will of course be Italian. But in that
case will Italian troops act precisely rs Ausria's
| Emperor and TuScany's and MOdruas G,and
! Dukes would dasire them to act? These two excel
lent sOvereigns were so i'll advised as to rush away
into the Austrian camp, instead of acting with the
wisdom of that prudent and clear-Sighted Princess
| who took neutral position in Switzerland, and re-
| fused to seek asylum with the enemies Of her
| SUbIpptS n hp bqt trpn
| would hardly serve those Grand Dukes, fresh from
the Austrian camp, very truSty hodv-guard.
Wear informed also that deputations from Tuscany
and MOdena are already on the point of setting forth
for Paris to protest against this violent restoration
and to demonstrate with the Emperor, who, after
encouraging the people to rise, is about to re-
place them under the yoke of their enraged masters
! Nothing but violence can come OF this, unless
| Tuscany and Modena are to be kept quiet Rome
| is now kept quiet.
We might ask also whether it was arranged how
the neutral States of Italv 10 be made members
| OF this Confederation What light have the three
Powers assembled at Zurich dispose OF the peupe
! of Rome, Naples, Tuscany, Parma and M0dcna
| Will Naples submit, and, if not who shall force
| her? Is Rome readily cOerced? Louis Nap0-
leon is a strong man against some people, but he
| has shown himself a very coward in face of Rome.
As to Austria, she still has chance left. If she
is sincere in her promise to introduce into her pub
lie laws and administration reforms con'ormabc 20
the spirit of the time she has awakened to the new
| conditions under which every government must in
! this age hold its power. If by this phrase she
means a restoration of the constitutional rights Of
! Hungary, more equitable government in her own
! dominOnS and frank acceptance of order
| of things in italy, then she may gain strength in
the sympathies of Europe, she may escape from her
present state of dependency upon a man whom no
| one has vet trusted with impUuitv and Europe
| may enjoy peace. But if these mere words
without Intention then there Is something pro
phetic in her anticipation that 'uew struggles
may ensue,' and events will in all probability JUS
tfy the first impression created by the publication
of this treaty-that it made with the inten-
ton that it should be broken.
MELONS AND EDITORs AT THE SoUrU-AN Ivorrsr
The editorial phalanx of Augusta held an inquest
yesterday over an immense watermelon presented
| by the Savannah Republican. Said melon weighed
| siXty-three pounds-itS diameter and circumference
We don't care to risk our reputation for ycracity
| by telling. After admiring its huge size, there
was some perplexitv rs to how ii was to be cut
Chronicle proposed a scvthe blade, Dispatch sur
gested that the best plan would be to tunnel through
it. Constituionalist had prepared for the emergen-
cv, and produced something that looked like
hybrid between a sabre and hand saw, by which
its interior was at length reached after some exer
ton. Ripe, luscious and tempting as il was the
| eager crowd which surrounded it could not place
| in retirement much more than one-half and even
| that mOdicum was sufficient to produce an incunve-
| nient tension of Wristbands in all the conpauy
| All uncomfortable sensations, however, were soon
removed by certain mcdicaments provided and
prescribed by the "Admiral, and the inquest ad-
| ourned with the most benignant and grateful feel
ings towards the good fellows of the Savannah
| Republican. BY the way, our iOcose friend of the
iY,ffio ali of,lof