The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-03-17
LATEST NEWS.
TELEGRAMS.
FURTHER FOREIGN NEWS
BY THE CIRCASSLAN.

New YORK, March 16.-The full despatch of the
advices by the Circassian have been received.
Lord John Russell, in the House of Lords, ex.
planned the position of the Savoy question. He
said as far as be knew no treaty was in existence
between France and Sardinia providing for the an
nexation of Savoy. If unanimously opposed,
France would not attempt the movement
An explosion in the Burradan coal pit, near
North Shields, is supposed to have killed nearly 50
persons.
The Emperor Napoleon, in his speech, says he
hopes the present European complications are ap-
preaching their end and that Italy is about freely
to settle her own affairs. But if the French army
guaranteed Italy from foreign interference he has
right to fix the limits of that guarantee. He has
therefore declared to the King of Sardinia that,
although leaving to him entire liberty of action,
he cannot follow him in policy which in the eyes
of Europe appeared to intend the absorption of the
States of Italy, and which threatened new compli-
cations He has advised Sardinia to reply favora-
bly, to the wishes of the Provinces which offer
themselves to him, but to maintain the autonomy
of Tuscany and to respect the principle of the
rights of the Holy See. This course will preserve
principles and calm apprehensions, and will raise
SARDINIA into State peopled by more than nine
millions of souls. But as this transformation of
Northern Italy will place all the passes of the Alps
IN possession of powerful States, it becomes the
Emperor's duty for the safety Of our frontier, to
claim the French side of the mountains
This demand gives no cause of alarm to Europe,
and does not belle the disintcrested policy which
the Emperor has often professed; for France does
not wish to proceed to this ACKNOWLEDGEMENT, how
ever small it may be, either by military occupa-
ton or by inSurrection provoked by underhand
maSGuvres, but by frankly explaining the question
to the great powers. Those powers, the Emperor
thinks, will deem that the important Territorial
arrangement, about to be effected, entities France
to guaranty indicated by Nature herself. He is
astonished at the agitation which has arisen
throughout the Catholic world; for during eleven
years he has maintained the power of the Pope at
Rome, and now after having vainly tried to recon-
cile the people of Romagna to their sovereign, he
has endeavOred to uphold at least the principle of
the Pope's temporal power in that province
France would at no time assume the responsibility
OF any other policy. The annexation of SAVOY and
Nice to France becomes a necessity, and would
also protect Switzerland. France, however, does
not wish to force the will of the inhabitants and
would consult the great powers
france, the Emperor says, desires universal suf-
trage in Italy, but this England abstains from ad-
vising, and the existing governments of Central
Italy think 1t useless to appeal again to the vote of
the inhabitants.
The salutary tariff reforms introduced will as.
sumo the character of reciprocal concessions, in
tended to strengthen the alliance of the two great
nations. lie trusts that the Legislature will speed
ly pass the requisite measures for improving in
ternal communications and abolishng taxes on ar
ticles OF general consumption. In spite of these
reductions, the Emperor adds, that neither loan
nor new taxes will be required for the year 1861.
In conclusion the Emperor declares that France
her boundless resources in peace and independence
The English journals generally regard the speech
with disavor.
The Paris Bourse on the I'd was very heavy
but closed rather better.
battalion of Spaniards had been surprised and
defeated by the Moors, in the neighborhood of the
fortress of Meilla. Two hundred soldiers and five
officers said to have been killed, and twelve of
tcers and about two hundred men wounded.
THE VERY LATEST.
PARIS, March 3.-The Monitemr contains a mes
sage from NJ. Thouvenel to the French Ambassa-
dor at Turin. NJ. Thouvenel proposes to complete
the annexation of Parma and Modena to Sardinia
the Vicaral Government of Romagna bv Sar-
dinia in the name of the Holy See and the re-estab
lishment Of Tuscany in her political and Terrific
rial autonomy. France would not only support this
combination in a conference or congress, but
would also proclaim that no foreign intervention
should be allowed to attack it.
NJ. Thouvenel makes the above proposals to Sar-
dinia and forwards the copy of the despatch to
Lord John Russell.
FARM, March "A circular of Count Cavour to
the diplomatic agents abroad calls attention to an
Austrian circular which orders a forced enlistment
for penitentiary discipline of all Venetians whose
antecedents appear hostile to Austria. This ex-
preston allows the whole male population to be
enlisted.