Mr. Marsh to Mr. Seward.

No. 140.]

Sir: Before this reaches you, you will have learned from nearer sources of the formal proposal of a congress for the settlement of the German and Austro-Italian questions, and, perhaps, the result also of the proposal.

The enclosed slip of the Nazione, of this morning, contains all that is publicly known on the subject at this city.

[Page 111]

Although the cession of Venetia is a probable result of the congress, I have little hope that Italy will carry this point without yielding to sacrifices very injurious, if not fatal, to the realization of the enthusiastic hopes of the Italian people.

I believe she will be required to renounce her claims to the patrimony of St. Peter; perhaps, also, to the territory of the ecclesiastical states, which were annexed in 1860, if not to give up Naples and accept the Napoleonic project of an Italian confederation presided over by the Roman Pontiff.

No people was ever better prepared for a national war, so far as its moral status goes, than Italy is at this moment, and I should not be surprised if a political disappointment at this crisis should produce effects of a character to hazard the peace of Europe, and to lead either to the triumph of a truly Italian policy, or to the overthrow of the present government.

I have the honor to be, sir, your obedient servant,

GEORGE P. MARSH.

Hon. William H. Seward, Secretary of State, Washington, D. C.

[Translation.]

A despatch from Paris of the 18th, to the Venice Gazette, says:

We make the following extract from La Presse: Prussia and Italy will accept the congress with a preliminary programme. Whether Austria will accept it or not remains to be seen; for she will lose Venetia and her rights to the Elba duchies by it.

Latest News, May 21.—The joint note of the three neutral powers has not yet come to hand, for want of the assent of one to the form of the note.

The questions to form a basis for the congress would be, first, that of Venetia; second, that of the Elba duchies; third, that of federal reform.

It is a fact of the greatest importance to us that Italy’s right to Venetia be indirectly acknowledged by four of the great powers that signed the treaties of 1815. Thus, morally, we have already conquered.

Italy and Prussia have already consented to the congress, but Austria delays, and hesitates to assume such a serious responsibility before Europe.

The latest Parisian news informs us that the cabinet of the Tuileries is endeavoring to assure other powers in relation to the views of territorial acquisition attributed to it. Yet if the Emperor of the French has declared, as our reliable correspondent asserts, that he does not intend to ask a rectification of boundaries, it is not strange that he courts the idea of reconstructing the Rhenish confederation in some way, so as to effect a solution of the federal question.