The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-07-13

We publish elsewhere the letter of Pres;den,
BUCHANAN 10 Queen Verona, inviting the Prince
of Wales, on his approaching visit to Canada TO
extend his tour into the United States. The Presi-
dents letter and the Queens reply are both in ex-
celent taste, and will tend, we trust to confirm
and consolidate those cordial relations which ex-
st between the two countries upon all subjects,
with the single exception of the occupation of the
Island Of San Juan. The controversy that has
arisen with respect to the latter, will no doubt in
duc course of time, meet with quite as satisfactory
a solution as other and graver issues have previ-
ously done--for we hold it scarcely within The
range of possibility that two nations. HAVING
co many interests in common, should attempt TO
settle. by an appeal to arms, a dispute which, if
dplomacy fails 10 adjust it, may be much more
e,sly settled by arbitration. This, however, is a
natter with which at present we have nothing
70 do and it certainly should not preclude us
from extending TO the heir-apparent to the Eng
fish throne those international courteses which it
oo,,ollv beromes us 10 render and him to accept
We are clad therefore that the opportunity has
beep offered 10 us, inasmuch as it is one
that NAV be improved to the advantage of both
Countries Apart from the fact that "blood is
.r,biczer than water as Commodore TATNAIL
molly demonstrated when the English gnn-boats
were so terribly cut up by the fire of the forts at
the month of the Peho. there are other consider
atoms that are not wholly unworthy of being
taken-in account at this time, and which derive
SINGULAR importance from the progress of events
in the near future All the signs of the times
pont to a change of dynsstes, and to a recon
struction of the map of Europe The unbroken
series of victories which GARIBALDI has achieved
in Sicily have not been without their effect else
where. We may hear at any moment that the
kingdom of Naples, from Catania to the Abruzzi.
is in a state OF instruction. Austria well knows
how uncertain, with the spirit that is now abroad,
is her hold upon Venetia, and how little progress
she has made in securing, by her promise of re-
forms, the attachment of her Hungarian and other
ScavOnc provinces The presence of LAMoRI-
ClERE and an army of merccnaries scarce
ly sulices to keep down revolution in the
Southern States of the Church. Germany. cut
up as she always has been into number
Of petty pnncipalties, is divided against herself.
w,
is actively engaged in organizing and giving in
creased efficiency to her already powerful steam
marine. Russia, with fine army of one hundred
andffty thousand men released from service in the
Caucasus by the capture of SCHAMYL and the oc-
Cupation of his strongholds, is once more turning
her attention 10 Turkey, and is protesting, with
at least the partial concurrence of France against
the i'll treatment experienced at the hands of Mos
lem fanatics by the Christian subjects of the Porte
And, lastly, England, whilst entering into a com.
mercial treaty with France--and whilst seeking
the cooperation of the latter Power in the war
against Caina-has so little confidence in the 10y
atty of her Imperial ally, that she is terrifying
against him her naval stations, increasing her
Channel fleet, and calling upon her citizens to
form rifle corps for the defence of the Island
against invasion. 1t is in the midst of these Eu-
ropean complications that the PRINCE OF WALES
dropping all royal state and travelling under the
name OF Lord BENFREw-one of the many heredta-
~ titles that he bears-visits us, not simply from
motives OF curiosity, but, as Queen VICTORIA letter
announces, . to mark the respect which he enter
" tains for the Chief Magistrate of a great and
friendly State and kindred nation,' and through
him for the people whom he represents He ha:
also accepted an invitation to visit New York, and
we notice the Mayor of Boston is about to tender
MN the Inequalities of that city. In other places
we have no doubt that his reception will be
equally cordial. Such courtesies are due to our
own sense of self-respect. They will certainly be
deeply felt by England and especially at this
tme when her constitutional form Of government
ana the encouragement that her press has giver
10 those nations which have sought to assert III,
right to self government, threaten 10 Drlng aDou
complete severance of her old continental ALI
ances, and to draw down upon her an armed coali
ton. If such a movement were successful it woulC
necessarily endanger not only our own commercial
prosperity, but also the perpetuity of those insti
tulions under which we have become populous
wealthy, and powerful. ID t-.r .