22 FEBRUARY 1896, Page 1

Prince Ferdinand has achieved his first object. It is officially

announced that all the Powers have now agreed to recognise him as Prince of Bulgaria, without raising the question of his precise position in Eastern Roumelia, which is part of his dominion, but not theoretically of Bulgaria. Even Austria has raised no objection, though it is quite per- ceived in Vienna that with the " reconciliation " of Sofia to Rnesia, Austrian influence in the Balkans will be sensibly diminished. It is believed that under the circumstances, the Macedonians will postpone the rising which was arranged for the spring, and that the chance of continued peace in Eastern Europe is greatly increased. All this means a respite for the Sultan, who is naturally delighted, and confirmed in his view that to divide the Powers and slaughter the Armenians is the true policy for Turkey.