The New York herald., 1866-07-23
OUR SPECIAL DISPATCHES.
FIR AN G e.
>-~-~~-~~-~~~~~~~
our PARIS CORRESPONDENCE.
PARIS, July 7, 1896

PARIS, July !, 1886.
ANNOUNCEMENT OF THE ARxIsricz
The cloud hanging the entire continent, and
already hurling It's terrible blows upon heads Of
senbatants in Germany and Italy, has been almost
sempetey disspaed by the abiter Of Europe, tho En-
peror Napoleon, who has again surprised his friends no
Dsss than his enemies by arranging basis OF peace.
Paris electrified yesterday morning by brief
double leadod article the Aonter, prominently dis
plsyed announcing the cesson OF venetia by Austria
% France, and the Emperor Napoeons request 10 the
Kings Of Prussia and Italy for armsce in order that
peace might be arranged
EFFECT CRY
Tho wonderful spread all the city, and
sne town fete. Flags were given to tho
breeze at every point and all tho streets decked
out in the gay trcolors. The excitement intense
and the general qualification almost boundless.
on BouRsy
Tho Bourse Of course, was extremely animated, and
sn kinds Of securities rose in unparalleled manner
soch a scene never before witnessed on Change
All hnanciers agreed at that could continue
longer and they bought largely in all kinds Of securities
mot neglecting Austrian bonds which also up
In Italians the rise extraordinary and evcry
to n share Of the much abused stock II
wasa grand day for spectators and glorious one for
she friends Of Italy.
They feel that at last the young kingdom IL about TO
path OF progress undcerred by menaces from Austria
internal weakness What the has been in Ialy
have not yet learned II win probably be something
inspiring
civic fLruwrArTovs
In the evening there an imprompu Illumination
of brilliant character and the streets thronged
until midnight by vast concourpes n people. All
Coy and gadness. Nothing OF tho kind has been
here for years before IL gotten mp IN brief
time, and The illumination general and brilliant,
that u could not fail to DO noticeable.
RAYS GAN
Italy, II France turns yeneta, will have gained
I'll that she desired in the though precisely how far
ehe Ii committed TO Prussia by convention is yet
known Prussia a. tho victor In the recent bloody
ssss IN Bohemia, where she utterly routed the Austrian
main army has right TO dictate terms TO her
quished foe and she Ia not likely 20 accept the quo
safs biup but will claim fruits for her short But
expensive struggle. All this. however may be specu-
lated on az well in New York as here have
elusive lights on the subject Tho understanding be-
heved 70 oxst between Count Bismarck and tho KIN.
ysror probably embraced all the plints likely IN
the settlement OF the question before a Congress- 10
which England and Russia havo been Invited already
rnoumkp d0uD
little speck yet remains In the sky, II the Ger.
man question can be settled The Papa states question
must up with Italy and evon IL she agree. 70 give
mp all thought Of carrying out tho Italian idea on
united Italy, from The Alps 20 the sea II IL doubtful
whether the forty thousand volunteers under Garbadf
wii quietly relnquish of their favore plans Or not
hut phases Of the continental que~tons NAV he
better specuated on hereafter
We DO not yet know that 10 have peace until
fhAt s certain the breech loading rife apt 10 settle
Che vered questions rather than diplomacy.
Tho telegraph will give you the latest features OF the
aspect of Affairs, and from these you may better
tsdse Of the real value Of Nspoeons last cvsp dtta