The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-08-12
European Correspondence Phoenix.

European Correspondence Phoenix.
PARIS, July "a, 1866.
Prussia and Austria have at last
consented to an armistice Of five days.
What will be the consequence?
On the 18th inst, Prince Cousin
Napoleon was sent on mission to
Haly-from that moment hopes were
entertained that peace would soon be
restored. On the Goth inst, the
Aoniteur announced that Prussia con
sented to q suspension of arms of five
days, on condition that at the expira-
tion of that time Austria should
state on what terms she would enter
into negotiations for peace.
On the 22d, the telegraph informed
us that Austria had accepted the ar
mistice. Should Austria not accept
the basis of a peace, such as has been
proposed by the French Government
and adhered to by Prussia, hostilities
will re-commence. The exact terms
proposed are not yet known, but from
what is rumored in diplomatic cir
cles, we hear that Prussia demands
first, dissolution of the German
Diet; second, the re-constitution of
q federation, from which Austria
shall be excluded; third, the annexa-
tion to Prussia of the Duchies Of the
Elbe, with the exception Of the North
ern part of Schleswig, whick will be
restored to Denmark-further, the
control Of all German military forces
North Of the Main to be in the hands
of Prussia; fourth, the cession of
Venetia to Italy.
Prussia asks for q war indemnity of
100, 900, 900 francs, which can be paid
out of part of the Austrian debt,
which will have to be taken ND by
Italy, in consequence of the ccssion
of Venetia.
These are, indeed, very hard terms;
but Austria may, perhaps, esteem
herself lucky that Prussia does not
wish to deprive her of any of her
possessions i'll German territory.
The Emperor, Francis Joseph, is
surrounded by two parties at Vienna,
one that urges him to carry on the
war and the other would have him
conclude a peace q tout prir-the
former would wish to wash out the
defeat of Sadowa.
The Arch-Duke Albert is at the
head of the. war party. 1t is his
opinion that Austria must make every
effort to regain it's lost influence in
Germany.
100000 Kaiserliche are now at
Florisdorf, and were they to win one
battle, Austria would be as powerful
as before-as the smaller States
which still waver would at once rally
round her. However, latest accounts
from Vienna inform us that it is more
than likely that the friends of a hu-
initiating peace will prevail. They
prefer giving way with good grace
to plunging the country in a state
approaching ruin. Austria is now
reduced to beg the help of Napoleon
III.
The ambitious premier, Bismark,
now sees every hope accomplished.
His moderation in Bohemia and
Saxony is making him popular
amongst his former haters, while his
conduct towards the petty States and
Frankfort is tyrannical and exacting
to the utmost.
The people of the free town on the
banks Of the Main, have long been
an eye-sore to the present ruler of
Germany. The time has now come
to make them pay dearly for the
spokes they have, from time to time.
thrown in his wheels.
The Prussian General Vooel Won
Folkenstein has had orders to make
the Frankforters pay heavy ransom,
(for we can call it nothing eIse,) and
all officers and soldiers billeted to be
given the best Of everything, besides
which-will you believe it, reader?-
eight prime Havanas are to be placed
at the disposal of the victors after
the tolls Of the day.
$4,000, 900 forins, we hear, is
the small sum the good people
of the city Of the Rothschilds
are to pay into Bismark's ex-