fully occupied Rome is not to take advantage three of the six-ordinary members of the of her own wrong, and involve Europe in war Congress are parties to the quarrel, and Rusas a mode of escaping from the embarrass- sia is probably pledged underhand to France ments of a position of her own choice. She-a connection which, it must be remarked, has thought fit, on pretence of her interest in deeply taints the French cause, and opens an the Pope as the head of the Catholic Church alarming vista of ulterior and more sinister in general, and especially of that most pious intentions. Still, every effort that England branch of it which holds the creed of Voltaire, can make to prevent the outbreak of hostilito come between the Pope and his insurgent ties ought to be made, and that in the interest subjects, and to take his Government into her of Italy herself. At best, Italy would become armed keeping. This being the case, she is the theatre of war, whose cruel exigencies and bound herself to reform the Papal administra- infuriated passions spare neither friend nor tion; and, the Pope being a consenting party foe, and would owe her liberation from Austria to her intervention, and owing to it his politi- to a Power neither less grasping than Austria cal existence, she has a perfect right to do so. nor less oppressive to those who fall under its If Austria interferes to prevent France from yoke. We trust that better things are in reforming Rome, Austria is the aggressor; store for a great race which has so long sufbut there is nothing at present before the fered under alien domination, than a renewal world to show that such is the case. It is of the sham liberties of the Cisalpine Republic, ridiculous to say that France is entitled to or the exactions and conscriptions of the Kingtreat the persistence of Austria in holding dom of Italy. But Italian patriots and their Lombardy as a casus belli. The tenure of headlong friends in this country should reLombardy by a German Power may be most member that the contest may have another unnatural and tyrannical; and when the mili- issue. The accidental disasters of the Austary burdens which it imposes, directly and trian troops in 1796 afford no criterion of their indirectly, on the holders are set off against general efficiency, or of their probable forthe revenues of the province, it is probably, tunes on this occasion. The experience of like other iniquities, a loss rather than a gain history would lead to the conclusion that, on to its perpetrators in the long run. But how the whole, German are decidedly superior to ever lamentable it may be, and however just French soldiers. The Austrian army is at a subject for expostulation on the part of this moment admirably prepared for war. other Powers, it is perfectly established, and The recent improvements in fire-arms seem has been thoroughly recognized by French favorable to the defence of positions, and the Governments, the rights, and of course the Austrians will of course be found in positions obligations of which, the present Emperor of their own selection. The tide of war may professes to inherit. Indeed, the occupation be rolled back upon Turin; and Sardinia, inby Austria of Italian territory-whether more or less makes no difference in principle-was sanctioned not only by the Treaty of Vienna, but by that of Campo Formio. Who gave Austria Venice?

An attempt to settle the difference, and avert war, by any thing in the nature of an European Congress, would no doubt be made under great disadvantages; for two of the five-or, if we rank Sardinia as a great Power,

stead of the Italian supremacy of which (in despite of all the facts of Italian history) she dreams, may find her own rising and prosperous liberties overwhelmed with utter ruin. This war is the game of French ambition; and neither the history of the past, nor the aspect of things at present, encourages us to believe that any good object will be promoted by suffering that game to be played again.

THE JEWISH BANKERS IN EUROPE.-The | lieved it to be, moreover, an unexaggerated estiwell known Paris correspondent of the N. Y.mate that the similar capital of the two Pereires Journal of Commerce, Mr. Walsh, in his last is at least a hundred millions of franes; of the letter, says: "Last Saturday I fell into conversation with a very intelligent gentleman of the commercial and banking sphere, who mentioned to me his knowledge, derived from the latest annual report of the general supervisor of the books of the several firms of de Rothschild, of the aggregate amount of their capital or the sum at their instantaneous command-a milliard of francs-two hundred millions of dollars; he be

Ilottinguers, seventy-five millions of franes; of Mires and the Foulds, still higher; the Duke of Galiera, at the head of the Credit Mobilier, is held to be prodigiously opulant. The Pereires have created for themselves a new fortune by the purchase of very extensive grounds within and without the walls of the capital, which they turn into streets and boulevards with the certainty of the earliest and amplest proceeds.

POETRY. A New Mother, 585. Life by the Blue-haired Sea, 587. Hidden Chords, 587. The Bliss of Absence, 640. At Sea, 640. Rich though Poor, 640.

SHORT ARTICLES.-Ecstasies of Skating, 612. Mr. Dickens' Quarrel with his Publishers, 624. Author of "Sweet Home," 624. Waiting for God, 629. Uses of Photographs, 629. Eland Venison Dinner, 632. Glycerine, 632. Climate of Egypt and Nubia, 639. Cod Liver Oil, 639. Chinese Poisons, 639.

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