New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-02-14
THE STATE OF EUROPE

IA. Our Own Correspondents -
80 "a LONDON, Friday, jan 81, 1850.
TAs details Of the Commercial treaty between
Esglasd and France direct pubic attention from
m ether topics. Even the Reform and Rife corps
peveuent have lcst their interest They are looked
upon as being placed beyond any further danger,
..d vv;,1be dealt with without excitement in the
,,ost business-like manner. / need not say that
Napoleon is BOW again the great ally" and if ne
should visit London would be greeted even more
heartily than during the Crimean campaign. Italy
= likewise believed to be safe. Parliament met
under the most suspicious circumstances, and the
Ulhsmontansts in Ireland and Austria find now
that their hopes Of Lord Palmerstons overthrow
BY the Pope's Irish Brass Band at Westminster
were founded upon wrong estimate of the Parlia-
mentary forces. Everybody expects with the
greatest ayidity, Mr.. Gladstone's financial state
ment which il TO be of a comprehensive character,
locking to the future as well as to the immediate
wants of the Administration. On the Continent,
however, there is another question OF greater I'M
posfance than the English budget, which occupies
peoples mil de, viz: Whether there is to be war
a against Austria this year, or not The Austrlans
themselves have great misgvings, since they have
at last found out that the Archdukes were sold at
Vafranca, in spite Of the reservation OF their rights
ut Zurich Francis Joseph, personally inclined TO
keeome a friend Of Napoleon did not suspect
treacIery for long time. His army went quietly
away from Italy, the horses of the artillery
were advertised for sale, the consumption
of recruits for 1860 was suspended, much
10 the comfort of the officials in Hungary, who
knew that it would have led to bloody collisions, and
Baron Bruck, the unlucky Minister OF Finance,
! drew up peace budget after he had received the
order of the Emperor that the deficiency should
cease to diffgure the Austrian estimates. Even the
publication Of the famous pamphletcoud not disturb
the placid equanmity of the Austrian Cabinet. But
Waiewski's dismissal and Count CavOur's accession
to Office created at once revulsiOn. Francis Jo-
seph believes now firmly that his plans as to the
Catholic League will be cut short by Cavour, who
Is to attack Veneta in Spring. Rifed cannon are
accordingly sent to Verona, the garrsOns OF Veneha
are reinforced, the sale of government horses Is
stopped and the reorganization OF the army,
by an addition of twelve regiments oil the
line, and the reduction of the fourth battalons,
which is TO make the troops more manageable,
is now fastened with the utmost speed. The fact
that one Of the twelve new Coonelcies is bestowed
upon the pretender of Tuscany, shows the despair
of the Cabinet that restoration can be accomplished
without interference; for if he ever had any chance
of being recalled by the vote of majority OF thu
Tuscans, he has lost it by identifying hmsel
thoroughly with the hated Austrian army. Thu
Vienna Cabinet is, however, still in the hope Cha
Venetia will be invaded solely by the Sardihiar
army, and that Austria, in conjunction with Naples
viii be able not only to hold her own, but IL
recOnquer the ROmagna and the Duchies, if moi
Lombardy, This hope is principally founded upon
the regard with which the Austrian ambassador,
Prince Metternich, is treated by Napoleon and his
Court and upon alleged Imperial dislike to Cayour
Napoleon has besides, entered into domestic strife
with the priests and the protectonists and he is
not the man TO have too many irons IN the FIRE at
the same time, it is believed that he will not go be-
yond friendly neutrality toward Sardinia, if she
should re ally invade Venetia On the other hand,
we read that the French army in Italy is to be re-
enforced, and that the sale of the French Govern
ment stores at Leghorn has been stopped. 1t is
likewise not without significance that the semi
official Patre gives extracts from KOssuth setter to
the Glasgow Committee and devotes leading article
to the Governor, showing that he never has been
Jevolutonist but always patriot. Even the cOntinu-
al reproduction of the Anti-Austrian correspondence
from Hungary in the French papers, shows sufficient
ly that the spirit of French policy remains as hostile
to Austria as it was last year in Winter. Accord
ingly, should not be astOnshed TO hear that Ma
poleOn had made up his mind to make second
Italian campaign before the Catholic league has
consolidated itself. The first step must now of
course be the complete annexation OF the Duches
and of the Romagna to Sardinia This event will
be followed by q protest from Vienna, and the
withdrawal of the Austrian ambassador from Tu-
rim; an accommodation from Rome may likewise
be expected. As soon as France and England rec
0gnlZe inns annexation, lnere VIII Dc scconu pro-
test of Austria founded On the treaty of Zurich,
and spicy and insolent diplomatic correspondence
between the Cabinets of Vienna and of the Tuier-
les will be sure to follow Now according 70 the
circumstances of the season and the requirements
of France these communications may end in smoke,
and leave 'Itay to the Italians" or Napoleon may
pick quarrel and once more cross the Alps. The
famous quadrlateral would not, in this campaign,
be of the same Importance as in the former one,
when the Romagna belonged by right to the neutral
Pope; but as soon as this province is Incorporated
with Sardinia, Franco-Italian army may cross
the Pc, on its lower course, and, turning the quad
rilateral, march straight upon Venice and the
Isonzo. This strategical significance of the RO-
magma is probably the key to the revolution OF the
province, and to the forbearance with which Napo-
leon has looked upon her separation from the States
of the Church. As to Sardinia; there is scarcely
any doubt that Cayour viii pursue that policy of
irritation toward Austria which in the last year In
duced the Emperor of Austria to cross the IicinO
and might this year induce him to cross the Mincio