The question of Venetia has assumed fresh prominence. M. Grandguillot,
in the Constitutionnel, has, if he be now in any way officially inspired, given Austria notice to quit. He points out the apprehension of Europe ; a crisis is approaching in the spring ; the Emperor will know how to prevent a struggle with- out an object ; but the present regime in Venetia is declared to be impossible. Austria is reminded that if she knows how pro- vinces are gained, she knows also how they are lost—a pretty strong hint. And finally, the journalist opines that the Baron von Schmerling takes a reasonable view of the situation. M. Grandguillot does not write without a purpose, and men will put an interpretation on his words. In connexion with this article, let the reader bear in mind the fact, that a " pamphlet" has been 'published by Dentn, imputed to M. Pereire, which advocates the sale of Venetia, and declares it to be " the only solution " com- patible with peace. It is the close of the year. The Emperor selects the festive season for the indication of his intentions. Why may not the spring of 1861 be inferred from the menaces of the Constitutionnel, and the advice of M. Pereire ?
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