The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-11-07

Public attention, in relation to foreign matters
has been so completely concentrated, of late, upon
the progress of the war of liberation in Italy, tina
European affairs, generally, have attracted mucl
less notice than they really deserve. The frs
thing that strikes one, in looking at the politca
aspect of the different States outside of Italy, is
vodod F"t, of distrust by which they are per
england, though in Close alliance will
fiana repos e5 ne 8fi filth hat Power At the YER,
time when the two nations were in the act of ne
gociating commercial treaty so liberal in its
provisions as to amount almost to reciprocity O
trade, and while they were also fitting out fleet
and organizing forces for the purpose of prosecu
ting together the war with China, English states.
men and English journalists were encouraging tn,
formation of rifle corps in every part of the king
dom; the erection Of new and imposing ratification
on the sea-coast and in the interior of the Island
and the construction of additional ships-of-war
to resist an imaginary invasion by the fleets ani
armies of their powerful neighbor and ally The
volunteer force thus called into being now mum
bers but little less than one hundred thousand men
and it has been determined to add to it. if possible
fifty thousand more. The Parliamentary Commits
sion which was appointed TO examine into the con
don ofthe national deences has reported the resnl
Off Investigations All the exposed points on The
sea coast, the principal commercial ports and the
naval arsenals and dock yards, are to be protected
by Notifications and defended by rihed cannon
Many of the old sailing frigates and lnc-oEbattlt
ships are in process Of conversion into War Steam
ers, and experiments have been instituted to test
the power of ron-plated ships TO resist the broad.
sides of the newly-invented guns of ARMSTRONG
and WENTWORTH. In France with less of noisy
defamation, bat with equal ardour, similar ac-
tvity is observable. A well appointed army of
more than four hundred thousand men, admirably
differed, and capable of being concentrated upon
any given point at a few days notice, constitutes
the military protection of the Empire against in
ternal and external foes. The number of ships of
war, principally propelled by steam, is constantly
augmenting, and the launch Of the famous STEEL
plated frigate G3oirc-'fhat disagreeabIe GIoiye },
as an English naval officer styles her-marks tbe
advent of a new era both in ship building and in
ocean warfare. Prussia is also busy She is
strengthening, by diplomacy, the position which
she has assumed, in opposition TO Austria as the
leading Power in Germany; and whilst en-.
deavoring TO promote unity of sentiment and
concert of action among the minor German
States, she is taking measures to put her army
upon the best possible footing for the protection
of her Rhenish frontiers Austria, stubborn
though bankrupt, is still pouring troops into We.
nita, and increasing the enacity of her grasp
upon that Province, by strengthening the existing
Notifications of the quadrilatera, and by erecting
new ones. Chatting under the remembrance of his
losses in 1859, FRANCIS JOSEPH would wish for no.
thing better than to attempt the accompanying of
Lombardy, and the humiliation of Sardinia. if his
Warlike fervour were not checked by the we'll
grounded apprehension that LOUIS NAPOLEON
would march at once to the rescue of yIcroR EN-
MANUEL. Russia, though not yet recovered from
the effects of the Crmean war, aud with domestic
difficulties of no ordinary character to encounter
in the attempt to emancpate twenty-one millions of
seris, is nevertheless, watching anxiousy the pro-
gress of events in Italy and Hungary, and is evil
IDENTIFY DESTROYS of sustaining-as far as may be
consistent with the traditional policy of the House
of Romanof-the course of absoutism in Europe.
tis to this end that The interview at Warsaw
was arranged, and it has, in all probability.
resulted in the adoption of some plan of
combined action on the part of the
royal riumvirate. II is plain that all
these elements of distrust centre upon Iouts Ma,
PoLEoN. Russia has not forgiven him for the prom
nent part which he took in the C1imean war
Austria hates him for his armed Intervention in
italy. Prussia fears, In spite of his repeated disa
1owals, that he has designs upon her Rhensh pro-
Tinces and England firmly believes that, either of
lis own motion, or instgated by the passions and
,rejudices of the French people, he will attempt
be invasion of her shores and by a bold dash at
London avenge the defeat at Waterloo and the i'm
prisonment of the first NAPOLEON at ST. Helena
What can the French Emperor do more than he |
las already done to reassure those Powers who, |
whilst they intimate their desire TO be at peace |
WHO MIN, show by their acts that they have no |
aitn IN MS friendly declarations? England calls
upon MIN to satisfy Europe of his pacific Intentions
by reducing his army and dismau,lng norton of
bis feet. 1t is not possible for him to do either
without descending from the strong position which
ne is either compelled to occupy or cease 10 re;rn
France demanded a strong government and
le has given it TO her. She was in don.
ger of being torn to pieces by contendinp far
ions, and he has vigorously repressed them. Her
passion for military glory was not yet extinct,
Ind he has gratifed it. In the Cabinet he has
shown his abilities as statesman; in the field his
qualities as q soldier. He is not even vet sc |