CONTINENTAL.

Grey River Argus, Issue 70, 23 June 1866, Page 3

CONTINENTAL.

Apprehe*ndet> War in Europe. The attitude of Austria and "Prussia towards each other is very hostile. Both have been making warlike preparations, each side asking for explanations "of the other's proceedings, still both declare no hostile intentjons, but that their preparations have -been solelyas defensive measures. At last, when war appeared inevitable, Austria pro:posed, as proof of their respective pacific assurances, that each should disarm simultaneously. This proposal Prussia declined. Italy has taken advantage of tlie warlike aspect of affairs ; :tb make preparations- for attacking Venetia, and has entered into an ipffensive : and defensive alliance with Prussia with that view. The Cabinet of Vienna, has addressed a circular despatch to Prussia and the other 'Eiiropean Powers, ■informing them that. Austria's augmenting her force p. Venetia is rendered^ necessaiy by 'the proceedings of the Italian : Government. : ; / . .. .Erance declares forperfect neutrality. -, Minor States ■ of Germany aretakingsideS; ■with Austria. ■.'.' ,';. ■■.■- ■;-.. ;;':■"'.' :; : _i. ; ;

Prussia has demanded" a reform of the Federal Constitution. A rumored collision between the Austrian . and Italian troops at Rovigo is announced. Prussia is evidently taking advantage of Austria's weakness The situation jsseriojis ; but Austria remains impassive, and amidst increasing difficulties. 6.5,000 Italian troops concentrated between Bologna and Terafe, 35,000 near Pacenza, and more troops are being despatched with large munitions of war. The Austrian army in Venetia has been placed on a war footing." It consists of 250,000 men, under Duke Albrecht. Garibaldi has left the island of Caprera. France is quietly getting an army of ob servation together, awaiting the course of events. The first- detachment of French troops will evacute Mexico next November, the second, third, and last, in March and November next year. It is reported that Queen Victoria has expressed dissatisfaction at the conduct of" Prussia. ■ Count Bismark's reply to the petitions in favor of maintaining peace, states that the King will, if possible, avoid war, but the Government cannot be guided by the con : sideration of national economy alone. The people must be prepared, to make sacrifices.