20 APRIL 1872, Page 1

The Daily News' correspondent in Paris affirms with some par-

ticularity and detail that three of the great Powers—that is of course England, Austria, and Russia—have agreed, if France would let Italy alone, and would keep up an army sufficient to resist attack, they would assist her against claims in excess of those secured by the Treaty of Frankfort. That would be the wise and just course for the Powers to pursue ; but then it would also be the bold one, and boldness just now seems wanting to everybody but Bismarck. Russia is reorganizing her Army, Austria con- ciliating her nationalities, and England chattering over the Ballot, and so the defence of the liberty of Europe is left to M. Thiers. If France were " extinguished," as Prince Bismarck threatens, the Continent within six months would be governed by one man, and it would take us ten years of war and a thousand millions sterling to arrest a more powerful Napoleon.