22 JULY 1848, Page 2

The general course of events has not changed in the

other countries of Europe ; though rather a formidable step has been taken in the extreme East.

In Spain, Cabrera still keeps up a languid and losing struggle for Don Carlos Luis. In Italy, the Duke of Genoa, second son of King Charles Albert, is understood to have accepted the throne offered to him by the Sicilians. In Germany, the Archduke John has definitively accepted the Imperial Regency, and has announced the intention of resigning his Austrian office. The change of which we speak is in the Christian pro- vinces of the Danube. After making concessions extorted by a popular movement of the Wallachians Prince Bi- besco fled to Cronstadt: his flight was followed by the declaration of a Republic; and that by the entrance of a great Russo-Turkish army. So Wallachia is in possession of Russia and the cholera. For as to Turkey, it occupies in the affair the posi- tion of the dwarf in the story, who went out to seek adventures with a giant : all the wounds and mutilations will fall to the share of the lesser champion, the pleasure and booty to the greater. A war in that remote quarter seems likely to have but one result —to add another province to "the progress of Russia in the East." But France already has her eye upon the huge North-eastern giant; and, remembering Napoleon's prophecy that in fifty years France would be either Republican or Cossack, looks to the uses which may be made of a Turkish alliance in that region.