The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1866-08-11
Latest from Europe 4!
Prospect of Peace!

Since the outside Of our paper was struck of. NO
have been favored by F. A sohafer. Esq. with q
paper containing later teltgraphic European news.
with dates to July II. The following are The prinei-
pal items:
Nav YoHx. July 2l.-The steamers Hermann and
City Of Paris brings foreign dates 10 the 18th.
No armistiee has as yet been agreed upon. but
negotiations continue, with "a report that Prossis.
flushed with victory, had declined all the terms pro-
posed.
The latest advices, ria Queenstown. are ns follows:
LONDON. July l2-No practical results are aPpar-
cut regarding the negotiations for an armis,ioe.
The Globe believes that the whole Continent Is on
the brink Of war. Prussia continued bTm IN her de-
mauds. aud the armies Of Italy ate advancing In
spite Of French orders.
\ French ironolad squadron was ordered to Venice
on the night of the llth. Another squadron VAS
also ordered TO saI, but lite destination Is not known.
IL is stated that the Prussians were marching on
Frankfort. the Austrians e,ncuating The ground. but
leaving the fortress we'll sarri>oned.
la France Gays: The Derby Cabine, has recon-
mended Italy TO accept mediation Prussia does not
stay ia her victorious march, making Pardubitr her
headquarters Her armies have either taken posses.
sion Of Prague or will shortly do 80. Prince Charles
holds the railroad to Prague. and seems likely 10
march direct upon Vienna.
The Austriaus have beaten the Italians at Borso
Forte, ton the river Pc, seven miles south Of Mantua,)
and Montesuelo. The Italians were repulsed Eve
times at Borgo Forte. Gen Cialdini crossed The
river Po into Nenetia on the 9th, nj the head Of his
Army Corps.
NEw YonK, July 22-The following il additional
news from Europe
4 dispatch. dated Vienna. July 10Th, says The
Emperor Of Austria has issued IA manifesto, in which
he says the heavy misfortunes which have beaallen
his army Of the North. moved 10 its Utmost core his
heart. bat the reliance he had placed upon the devo-
ton Of his people, the courage Of his army, upon
God and his good and sacred right. had not waverrd
n single instant. lie had addressed himself TO the
I'm pgFgT Of the French. requesting his good Offices
for urging about An armistice with Italy, ard not
merely had the Emperor readily responded 10 his de.
mand. but had offered TO mediate with Prussia for the
suspension Of hostiities and for the opening of nego-
tintions for peace Ills oder he accepts, and an
nounces himself prepared to make peace upon honor
able conditions. TO prevent the blcodsbei aud the
Tavages Of war, but he would not make peace by
which Austria, a. "a great Power, would be shaken.
Sooner than this, he would carry on the war to the
utmost extremity. An available troops are being
concentrated, aud the gaps ia the ranks hlled by con,
scription aud volunteers. called to arms by the newly
awakened spirit Of patriotism. Austria has been
severely visited by misfortune. but she is not humili-
ated nor bowed down.
The Paris Prcsse says the following are the terms
Of the negotiations proposed 10y the representatives, %
the belligerents:
The German Confederation TO be dissolved aud
another 10 be established, OF which neither Prussia
nor Austria should form "A part; 10 cession TO be de-
manded Of Austria; the abandonment by the latter
OF her eli i'm on The Duchies, aud ia place Of the war
indemnity a; FIRST demanded by Prussia, 20 incorpor.
are SchleswIg- ilolstein, Hesse tsshel, Hesse- Darn
stadt and Brunswick with Prus.ia-the population Of
the Prussian Kingdom would thereby be rnired TO
"a, 900, 900; the Rhine to constitute the western. from
tier Of Prussia, aud the provinces between the Rhine
and Ems 10 serve a. indemnify TO the soyereigns dis
possessed by the war; and exchange Of territory to
take place between Baden and Bavaria, which would
give The former nearly the whole Of the Rhenish
PaIatinate; Sixony, Hanover aud the Duchies Of
SaxoDy TO conclude military conventions with Prus-
sia, the Inhabitants Of Ludhn choosing whether they
shall belong to France or Baden, aud the population
Of the valley Of the SRrnen 10 choose between France
and the Rhenish SOvereigus.
La France say the Prussian conditions are the er-
ciusion Of Austria from the Germanic Confederation;
the exclusive command Of the military forces Of the
Confederation by Prussia; the diplomatic representa-
tive Of German abroad. and the annexation TO Prus-
sia Of the Duchies. and a part Of the territory already
occupied.
La France also says the Emperor Napoleon at
once sent these conditions 10 St. Petersburg and Lon
don, ns raising questions Of European interest which
can only be settled by the consent Of the Great