23 JULY 1853, Page 11

The spirit of the news respecting the East cannot be

better expressed than in the following lines, the text of a telegraphic despatch in the Horning Post.

"St. Petersburg, July 15.—The propositions made by the Great Powers have been well received by our Government; but the form in which they are couched may yet occasion some delay."

The report in Paris is, that the Emperor will negotiate, but will make a counter-proposition for "arbitration," with a condition that he have compensation for the trouble of removing his troops from the Principali- ties!