The day book. [volume] (Norfolk, Va.) 1857-1867, 1866-09-12
LATEST NEWS BY THE ALLAN
TIC TELEGRAPH.
Great Britain,

the Bristol California Bank are urged to wind
up the affairs of the institution.
Earl Stanley is spoken of as the probable
successor of Lord Cowley, as British Ambassa-
dor to France.
Prussia
Berlin, September 1O-A M-The uppe r
house of the Prussian Diet has passed the
bill to indemnify the King for acting without
the assent of the Diet in the matter of the bud
get and army supplies previous to the war
with Austria. The bill passed unanimously.
The Chamber of Deputies has rejected the
government proposal for an issue of sixty mil
lions of treasury notes, and adopted in its
stead an amendment authorizing the issue of
thirty millions; payable in one year from their
date.
In diplomatic circles in this city an immedi-
ate rapproachment is expected between the
Courts of Berlin and Vienna. According to
some accounts the initiative policy was takeu
by the King himself, but Count Bismarck is
also now in favor of an alliance with Aus
tria.
It is asserted that the King of Prussia will
add new and special portfolio to his Minis
try, viz, one for the affairs of Germany; and
it is rumored that Herr Rozzenbach, former
Minister of Baden, and one of the principal
members of the progressist and national par
ty, will be the FIRST Minister to Germany
The Russian &C vernment intends convok
ing conference Of representatives from all
the German States, including Austria to dis
cuss a mutual arrangement of all questions
referring to the German railway system
Analogous principles will be observed in the
concessions for future railways The passen-
ger and baggage traffic will be subject to i'm
portant new regulations, in order to obtain
more perfect unity in the service. Certain
arrangements will also be made which are
necsssitated by Prussian strategcal reasons,
and negotiations will be opened for abolishing
all particular rights over the navigation ofthe
Rhine from the LIST of January next.
Saxony.
Berlin, Sept. 1O.--It is reported here that
the King of Saxony has decided to resign in
favor of his son.
The negotiations between Prussia and Sax
ony have up to the present led to the follow
ing results:
The town OF Dresden will have a perma-
nent garrison exclusively composed of Saxon
troops, but possessing rather the character OF
national guard regiment than of an impor-
tant military force.
Very important Notifications will be erect
ed near Dresden, which, like all other militia
ry positions in Saxony, will be under the ex
elusive command of the Prussians.
The King of Saxony will recall all his dip
lomatic representatives abroad, but Prussia
will not object to his retaining the right of
receiving foreign ministers at his court.
The Saxon army will be marched into
Prussia, disarmed, and disbanded That por-
ton of the soldiers who have only served their
first three years will be incorporated with the
Prussian army, while those serving the last
three years of their time THE term of service
in Saxony is six years. will be relieved of all
further military service.
modification of the Saxon Ministry will
take place, and the names of the new Minis
tiers will be communicated to the King of
Prussia before they are definitely appointed
ha4a Austria.
Vienna, Sept. 1O.-Austria is about to in
troduce extensive reforms in the organization
of her army
The reorganization of the Austrian army
has commenced.
The commission presided over by the Arch
duke Albrecht has already adopted several
important resolutions, including the increase
Of the regiments of infantry from eighty to
one hundred, and of the artillery regiments
from twelve to twenty.
The volunteer regiments of Vienna, Styria,
Corinthia, and the Tyrol, will not be disband-
ed, and the Government will thus be enabled
TO increase the regiments of chasseurs.
These augmentations of the army only re-
fer to the nominal strength of the different
regiments, and will not add to the cost of the
army on a peace footing.
ho 6 1 4.
mitted to the Emperor the budget for 1867,
which will very shortly be published if sane
TONED by his Majesty.
The budget proposes considerable reduce
lions in the army ,anl other economies, where
by decrease of the public expenditure to the
amount of forty million forms, will be effect
ed
The Minister renews in his report the pro-
posal to diminish the interest on the national
debt.
In order to carry out this measure without
Its having the appearance of State bankruptcy
the Minister proposes that the Bank of Aus
trla should be forced to reduce its rate of dis
count to A per cent, and should not be allow
ed to raise it without the Governments au-
thorization
The Ministers conclusion is, that the reduc-
ton of the interest on the public debt and tue
lowering of the official rate of discount will
balance each other
The Sclavonic population of Bohemia is
commencing to put forth claims for material
concessions A committee, composed of Her
rem Rieger, Palaczky, Clam-Martinitz. and
Others, has been formed to take measures for
tne preservation of the Sclavonic language
ana to insist upon its becoming the official
language of Bohemia. They also claim a ma
sonai constitution analogous to that about to
W accorded to Hungary, and demand that
Que Emperor should be crowned as King Of
oonemia at Prague
Austria and Italy.
florence, September 10.-The conference