Daily union and American. [volume] (Nashville, Tenn.) 1865-1866, 1866-07-31

board, with cries of long live the king of
Italy from the crew.
Italian accounts state the Austrian squad
ron returned after one man-Of-yar and two
steamers had been sunk.
Vienna dispatches says the Italian fleet
was driven back and pursued by the Austri-
ans in the direction Of Aucona.
miscellaneous.
1t is asserted from Paris that Austria has
consented to retire from the Germanic Con.
federation.
1t is stated that Frankfort will have to
pay further war contributions of twenty-five
millous lorins.
Paris Bourse was excited. Rentes 69f pc
The London Observer states that Parlia-
ment will be required at almost the last
moment Of the session to give concurrence
to the Confederation Of Northern American
provinces, including the plan for the contin-
uance of the Grand Trunk Railroad.
The Times says Prussia limits her de-
mands nearly to the exclusion Of Austria
from the Newfader combination.
A portion of the Prussian army has cross
ed the river Marsch near HOritz in Hun
gary.
ENGLAND-In the House Of Lords bill
was introduced DN the L4uIu CHANCELLOR 10
amend the Extradition Treaty with France.
This abOlishes some difficulties in the way
of surrenlering French criminals. Earl
CLARENDOEadmitted that England had been
in the wrong, and progress was made with
MASON on the goth, and a long discussion
took place on the condition Of the navy, and
the position of Great Britain in reference to
war on the continent.
\ Il
the foreign policy Of government was pacific
and observant, but the mode by which the
policy was to be carried out must be left to
the Government.
The London papers express great salts
faction at the course pursued by Lord STAN
LY, the new foreign minister. They say that
Great Britain stands absolutely unpledged
and uncOmmitted to any proposals beyond
that of friendly mediation, and all the gov
eminent has done has been to recommend
to the Courts of Berlin and Florence to con-
slider terms Of armistice.
The Times is glad that Lord STANLY is
able to state that France has no intention of
interfering by force in the Continental dis
pUte.
The London Daily News thinks there is
not the slightest ground for distressing Lord
STANLEY. The liabilities Of the Preston
Banking Company were estimated at a mill
lion and half sterling. The connection Of
the bank with cotton transactions caused
considerable suppression in Liverpool, but
| no great uneasiness. The Liabilities Of the
Birmingham banking company are ascer-
tanned to be 100000, and their assets two
| millions.
CARLETON & Bros, wholesale warehouse,
and Nun & LOUDoN have suspended LA
bilities not stated. The projected reform
demonstrations in London, on the 23d, was
awaited with some interest, notwithstanding
the government prohibition. The protector
of the meeting had determined to hold Sir
RICHARD MAYNE to appear before the Po-
lice Court personally. He requested BEAL,
and the prime mover in the demonstration,
to use their influence TO prevent It. BEAL
declined, and refused the right Of the police
to interfere in the meeting.
Several Of the papers consider the course
pursued by Bengal as injurious.
The cholera is making its appearance in
many parts Of England, and in some cases
was rather alarming.
The Paris Moniteur Of the goth says
Prussia has engaged, at the suggestion Of
NAPOLEON, to abstain from all acts Of hos
tility for five days, on condition that Aus
tria pu1sues similar course, and within that
time the usual Governments must make
known its exceptanoe or refusal agreed on.
If the reply from Vienna be in the afirma-
tive, and Italy gives consent, an armistice
may be signed
The Moniteur OF the Dist says Austria has
accepted the proposal Of Prussia to abstain
from hostilities, during which the Govern
ment Of Vienna will have 70 notify its ac-
ceptance on the subject Of preliminaFies to
peace