14 JANUARY 1871, Page 2

The Daily News publishes a telegram from its correspondent at

Vienna, stating that Austria intends, with the consent of Count Bismarck, to propose terms of peace at the Conference. The terms are believed to he the cession of five (German) miles of territory all along the Rhine, that is the line of the Vosges, the surrender of twenty ships of war, and the payment of £150,000,000 sterling. No authority, however, is given for the statement, no reason why Austria instead of England should propose it, and no proof that the Ger- mans would consent to give up Metz. The amount of money stated, moreover, could not be obtained in any reasonable period, if at all. The story probably embodies one of the many projects talked over at the embassies, and is opposed to the fact that Prussia declined to make her treaty with France a subject of European discussion.