25 FEBRUARY 1871, Page 1

The latest statement current in London about the terms of

peace is contained in a telegram from the Versailles correspondent of the Standard, dated the 23rd February. He asserts that M. 'Thiers has signed a peace ceding Alsace and part of Lorraine with. Metz and Nancy to Germany, and agreeing to pay a war in- • demnity of three hundred and twenty millions sterling, equal at pre- :sent prices for French loans to more than the entire national debt of France, a tax of at least twenty millions a year for ever. We give the statement, as it is the latest, but the mind absolutely refuses -credence to a story of piracy which would disgrace the neutral Sowers even more than Germany.