10 NOVEMBER 1866, Page 2

We-are informed that peace between Brazil and - Patneetiay nearly -

certain. The great defeat 'of .Curupaitar shook the Slave Empire, and peace is to be signed on the basis of the Paraguayan Dictator's -proposals, which will, we imagine, include-an aoknow- ledgment of his sovereignty -over the Missiones, the- cession of -some Brazilian districts on his head waters, and, if he is wise, some provision for the benefit of the slaves. If he can only induce the black population to look to him, he may, in the next war, shake the Slave Etztpire finally down.