Mr. McCormick to Mr. Hay.

[Telegram.—Paraphrase.]

(Mr. McCormick reports that he has been officially notified that the Austro-Hungarian legation in the United States will be raised to an embassy so soon as the Delegations, which meet in May, vote the necessarily increased subventions for its support; that this step is dictated by the wish, on the part of Austria-Hungary, to manifest its friendship and recognition of the high position as a world power attained by the United States.)