The home journal. (Winchester, Tenn.) 1858-188?, 1866-06-02

Ell ROPE.

pOleOM'S Speech In Full-The FL
nancial Panic.
The warlike news from the continent
is still amass of rumors, but there are
still slight hopes of peace.
e AUSTRIA.
Orders have been issued for placing
the whole Austrian army n war foot
ING, and for concentrating the army Of
the north on the Bohemian and Silician
frontiers. In view of the danger of
war the Government intends to convoke
all the provincial Diets throughout the
empire. 1t is said to have been re-
solved to employ the ecclesiastical
property in providing for the expenses
of war, and the Government is report
ed to be now negotiating in order to
obtain dvances on security.
PRUSSIA.
Prince Frederick Charles will take
the chief command of the Prussian ar
my A dispatch is believed to have
been forwarded to Stuttgart by the
Prussian Government demanding ex-
plantations respecting the ornaments
which are going on in Wurtemberg.
The Prussian Government has issued
an order for the I'd, 3D., 4th, 9TH, and
9Th corps, as well as the Goth regiment
ofinfantry, to he placed on a'war foot
ING, the reserve battalions to be formed
and the infantry raised to its full
strength. Recruits will not be called
out. The cavalry regiments of the en-
tire army are to increase their number
of horses, and to form reserve squad
rons of one hundred and fifty horses.
The artillery has been put on a war
footing.
From Italy we hear that Austria is
threatened by sea as well as by land.
Rear Admiral Vacea's squadron, con,
sisting of fourteen screw vessels, three
of which are iron-clads, is in the Gulf
ofTarento, and another iron clad lies
at anchor at Corfu. The Adriatic is
now practically closed to Austrian
ships, and Italy has it in her power en-
tireIy to cripple the commerce of her
foe. Another squadron under Admiral
Parsano, is assembling in the Gulf Of
Spezzia. The organ of the Italian Adj
miralty gives the following as the ef-
fective naval force at the disposal of
Italy Twelve large i%ron-clads, fifteen
frigates and corvettes of the first class,
a sufficient number of steam avisos and
smaller vessels. and a fleet of trans
ports. which, together with some large
steamers Of the mercantile marine,
would be able to convey an army OF
sixty thousand men, The warlikc feel
ING, which is still very moderate in
Piedmont, has risen to fever heat in the
South, and numbers Of volunteers are
coming forward to join the " Army Of
Liheration.' The proposal to make
the King q dictator during the war has
been ovelruled by the King himself,
who has declared his determination to
maintain the parliamentary systems AS
hitherto.
ENGLISH MEDIATION.
In the British House of Lords, in re-
ply to an inquiry if the English Gov
ernment had rendered its mediation in
the German difficulty, Lord Clarendon
said the Government had taken care to
let it be known that England's good
offices would be freely rendered if de-
sired, but the result was discouraging,
and England can do nothing alone. He
feared the consequences, now that a
million men we're armed and ready for
action, and he denounced the val as
uniustiliable and without cause.
On the 9TH inst. Mr.. Layard made
the following official declaration in the
House of Commons:
Mr.. Layard mich regretted to say
that he could not give any satisfactory
information or assurance with refer
ence to the untoward state ofalfairs on
the continent. The opinion of Her
Majesty's Government upon the causes
and events which had led to that state
of things was well known, and it was
equally well known by Austria, Prussia
and Italy that Her Majesty's Govern
mcnt would, with the greatest pleasure,
exercise its good offices for the presor-
walton of peace, if those good offices
should be applied for, or if there was
any prospect of their leading to any
satisfactory result. Her Majesty's
Government had expressed to the
French Government their readiness to
act with them if there was any likeli-
hood of their excrtions being success
full; but it was quite evident that it
would be unadvisable for Her Majes-
TVS Government to enter alone into
any communications with a view to Of
fering their good offices to the powers
which were now on the verge of going
to war. The House would see that in
the present critical state of affairs it
would be undesirable for him to enter
into any details at this time. Hear,
hear.
MI. Baillie asked whether any pro-
posal had been made for n Congress.
Mr.. Layard said that the question of
aCongress had been under discussion,
but no proposal had been made to that
effect.
NAPoLEON'S POSITION.
Napoleon made a significant speech
Mt Auxerre, France, on the 9th inst, in
which he said he dctestel the treaty of
1916. The Paris BoWse accepted it as
a signal for war; severe panics set in,
and rents fell two per cent.
The following is the speech in full I:
II see with pleasure that the mem
DRY of the First Empire has not been
eflaced from your minds. Believe me,
for my own part, / have inherited the
feeling entertained by the chief of my
family for this energetic and patriotic
population, who sustained the Empe-