18 MARCH 1871, Page 1

Lord Granville announced on Monday that the Conference had completed

its labours, and had settled, first, that no power can liberate itself from its engagements except with the consent of all other parties interested ; secondly, that the clauses of the Treaty of Paris neutralizing the Black Sea are abrogated. Thirdly, the Sultan is authorized if he sees danger to the Treaty of Paris to admit the war-ships of his allies, even in time of peace, into the Dardanelles and the Bosphorus. Fourthly, the European Com- mission of the Danube is prolonged for another twelve years. We have discussed the effect of these changes elsewhere, and have only to say here that if Turkey agrees to them, as from the Blue-Book she appears to do, they can produce only this mischief,—that she can henceforward keep a fleet in the Black Sea, and so become insolvent a year or two sooner than she otherwise would.