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TOWN TALK. r

SUMMARY OF PASSING EVENTS.…

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VITRIOL THRO WTNG THROUGH…

THE MISSION OF PRINCE NAPOLEON.

STOPPAGE OF THE PRESTON BANK.

THE EUROPEAN WAR.

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THE EUROPEAN WAR. FLORENCE, July 20. Prince Carignano and the Minister of War have sent their congratulations to Garibaldi upon the victories achieved by the volunteers at Ampola and Conditio. Twelve thousand Austrians have left Trent for Innsgsrucb. The Italian war guard is at Piave. FLORENCE, July 19. The decree organising the provisional administra- tion of Venetia and appointing special commissioners for the purpose has been egmially published to-day. Prince Napelaon has arrived at the head-quarters at Rovigo. July 19, Evening. The Marquis Pepoli has been appointed Italian com- missioner at Padua, Signor Mordini at Vicenza, and Signor Allieri at Rovigo. PARIS, July 18. A telegram received here from Vienna announces that M. Benedetti, the French Ambassador at Berlin, has arrived in Vienna, and had a conference with Count Menedorff. VIENNA, July 18. The commander of the Austrian troops in the Tyrol reports that, simultaneously with the engagement at Condino, several detachments of the infantry regiment under Crown Prince of Saxony made a demonstration on theright flankof the enemy's regiments stationed in the valley of the Chiese. The attack of the Crown Prince Regimant being successful, the enemy withdrew in great haste across the Caffaro, leaving 200 prisoners in the hands of the Austrians. Garibaldi is supposed to have been present at the engagement. BERLIN, July 18. The Official Gazette of to-day says:— Art. III. of the treaty of alliance between Prussia and Italy is as follows:—From this moment (the moment war is declared) the war shall be prose- cuted by their Majesties the Kings of Prussia and Italy with all the forces which Providence has placed at their disposal; and neither Prussia nor Italy shall conclude either peace or armistice without mutual consent." ITALIAN ATTACK UPON LISSA.. ZABA, July 19. Yesterday the Italian fleet, consisting of some iron- clad vessels and several steamers, opened an j b. upon the Island of Lisaa, on the coast of Tao oannouade began about heard here leads to the belief that the engagement was very severe. •, j.„ The artillery fire has recommenced to-day. SIEGE OF MENTZ. MANHEIM, July 20. The Prussians have commenced a regular siege of the Federal fortress of Ments. Boats on the Rhine are no longer allowed to proceed past the fortress, and the railway traffic with the town is stopped. THE NEGOTIATIONS FOR AN ARMISTICE PARIS, July 20. The Moniteur of this morning says:—" In reply to a communication from the Emperor Napoleon on the 4th July, the court of Berlin declared that it would only consent to an armistice upon condition of the preliminaries of peace being concluded first. Negotiations were thereupon opened between the courts of Paris and Berlin, which resulted in the court of the Taileries recommending to the belligerents the bases of an arrangement which Prussia considered sufficient to allow of the conclusion of an armistioe. Prussia engaged to abstain from all acts of hos- tility for five days on condition that Austria would pursue a similar course, and within that time the Austrian Government must make known its accep- tance or refusal of the bases agreed upon. The Government of the Emperor hastened to trans- mit this communication to the knowledge of the Austrian Government. If the reply from Vienna be in the affirmative, and Italy give her assent, an armistice may be signed immediately." THE ATTACK ON LTSSA. FLORENCE, July 20. An official account has been published of the attack made upon the fortifications of the Island of Lissa by the Italian fleet on the 18th instant. After seven hours' obstinate fighting Admiral Persano, with eight iron-clad vessels, silenced the Fort of St. George. A powder magazine in the fort was blown up during the engagement. The Italians had but few killed and wounded. Vice-Admiral Albini joined the squadron of Admiral Persano, who was about to give orders for adisembarka- tion, when he was apprised that the Austrian squadron was approaching to prevent this design from being carried out. The Italian fleet was preparing for an engagement with the Austrian squadron. ARMISTICE BETWEEN THE AUSTRIAN AND PRUSSIAN ARMIES. VIENNA, July 22. The armistice, to last for five days, between the Austrian and Prussian armies, commenced at noon to- day. Dispatches received here to-day from the Austrian head-quarters in the Tyrol announce that on the 21st instant the enemy, who had occupied the Val di Ledro in great force, was attacked by the Austrian troops. Colonel Monluisant crossed the Monte Pichea, 6,000 feet in height, with three battalions, and stormed Piene di Ledra and Brecece where 12,000 Italians were stationed. He captured 1,000 prisoners and withdrew to his position on Monte Pichea, the enemy not ven- turing to pursue him. Maior-General Kaim, with a portion of his brigade and half the brigade of Lieut.-Colonel Hoffern, drove back the enemy from their position in the direction of Condino and captured forty prisoners. Tne loss of the enemy in addition to the prisoners taken was very considerable. NIKOLSBURG, July 21, The Prussian troops continue to be concentrated on the Marchfeld before Vienna. A division has marched through this place in a southerly direction. More troops are expected to- day. AUSTRIA AND THE GERMANIC CONFEDERA- TION. PARIS, July 21. It is asserted on reliable authority that Austria haa consented to accede to the proposition of France, and retire from the Germanic Confederation, and to recog- nise a reconstruction of that body in which she will take no part. ENGAGEMENT BETWEEN THE AUSTRIAN AND ITALIAN FLEETS. VIENNA, July 21. Yesterday morning the Italian fleet, composed of 23 ships, including the ram Affondatere and 12 iron-clad frigates, was attacked off the island of Liasa by the Austrian squadron under the command of Admiral Tegethof. In the course of a severe action a large Italian iron-clad frigate was sunk by the Austrian iron-clad, Ferdinand Max, and another Italian frigate was blown up. All on board these vessels were Burfroua&?u Itt&tlir- =,chiD Kaiser waa down one, and forced the others back, losing in the engagement her foremast and bowsprit, 22 killed, and Oii W0unuyo» TU" "'1-_<1' hyco oaeiftincu exceedingly little damage, and is quite fit for action. After several hours' fighting the Italian fleet was driven back, pursued by the Austrian squadron, and the island of Lissa is tbereby relieved. The Italians made three attempts to disembark troops near Comissa, which were each time success- fully repulsed by the garrison. OFFICIAL ITALIAN ACCOUNT. FLORENCE, July 21. The following official account of the naval engage- ment between the Austrian and Italian fleets, dated the "Straits of Lissa, July 20," has been received here:- "The Austrian squadron not having made ita ap- pearance as expected, on the evening of the 18th, some of our iron-clad vessels forced thir way yesterday into the Port St. George's. This morning disembarca- tion commenced, when the naval videttes signalled that the enemy's squadron was in sight. The Italian fleet put out to meet them, and a battle commenced. Admiral Persano hoisted hiss flag oa the Affonda- tore, and bore down upon the Austrian fleet under a heavy fire. The stern of the Austrian Admiral's vessel was destroyed. The fight waa very severe. We lost the iron-clad Re d'Italia, whioh the Admiral had left. and which sank from a collision with the enemy at the commencement of the battle. "The iron-clad gunboat, Paleetro, caught fire, and the commander and crew refused to leave the vessel. She blew up amid their cries of Long live the King Long live Italy 1' No other vessel was lost or fell into the enemy's hands. "The Admiral renewed the attaok upon the Austrian squadron, which retired to Lesina without waiting for our fleet to come TAP, and the Austrians continuing their retreat the Italian squadron remained mistress of the scene of action. "The damages sustained by the enemy are consi- derable." Further intelligence is expected. The crew of the R6 d'Italia were nearly all picked up by the Vittorio Emanuele. Evening. This morning the Italian volunteers were attacked by the Austrians at Tiaruo. The latter were thoroughly repulsed. Further information received here from Lissa re- ports that one Austrian man-^f-war and two steamers were sunk by the fire of the Italian squadron. July 22. Baron Ricasoli has returned to this city. The Government is about to organise the Adminis- tration of the province of Treviso, which has been entirely evacuated by the Austrians.

AMERICA.

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