25 JUNE 1859, Page 9

" Paris, Friday. Notwithstanding the denials of several newspapers, Prince

Esterhszy, after an interview with the King of the Belgians at Brussels on Saturday, arrived in London on Monday night ; the Petrie says that it was at the re- quest of the late [English] Government that his journey was postponed. The presence of the Prince and King Leopold in London has an intimate connexion with the action of Prussia. It seems that the mobilization is being pushed forward with the greatest vigour; and that we shall soon see the army in motion. The Prince Regent has sent an emissary to the Em- peror of the French, with proposals for an arrangement. The passage of the Mincio by the French will be taken as a rejection of the proposals ; and Prussia will proceed to support Austria in Italy as well as on the Rhine. The proposals are, I am assured, the same as I mentioned a fortnight ago, namely, a thorough administrative reform in Lombardy, but no territorial changes. It is also said that the Emperor of the French is not unwilling to make peace on reasonable conditions, but of course would not accept such proposals". as those of; Prussia : that he might be induced to leave Venetia an the hands of an Austrian Archduke, provided Lombardy were ceded to Sardinia. The friends of the Emperor urge him most strongly to listen to overtures ; they represent to him the numerous complications that daily arise from the continuance of the war, the danger of being ranked with Garibaldi, Kosauth, and the enemies of the Catholic church, and the diffi- culty of fighting Germany as well as Austria at the same time. The English Government has sent a note to the different German States, advising them strongly not to interfere in the strife. Such a protest will have but little effect ; they suppose that the English people would not view with displeasure an antagonist able to lower the tone of France.

Very little business has been done at the Bourse this week; during the early part speculators maintained an expectant attitude,_ awaiting the issue of the great battle which was to decide the fate of Lombardo-Venetia ; and on Wednesday came the news that the Austrians would not fight in the open field ; a piece of information which opened wide the gate for political predictions, some contending that the war will linger on for months, while others saw an opportunity for re-opening negotiations and settling the dis- pute by more peaceable means. The dulness of the market was not dissi- pated; owing in some measure to the absence of brokers, licensed and unlicensed, who were called upon to give evidence in an action instituted by the Committee of the French Stock Exchange against the unlicensed bro- kers for usurpation of functions. In other respects there is no commercial news ; the accounts from the wine districts are bad ; there has been too much rain. It is said Sardinia is about to open a subscription for another loan of a hundred millions of francs -which is not at all improbable; and that the Lombard Railway Company will not pay the dividend in October in money, but in bonds; as happened in the case of the Austrian railways.

The note in the Moniteur assuring the world that the dictatorship assumed in the different Italian states was only temporary, had a good effect at the Bourse, and Rentes reached 62.25, but towards the close of business there was a sudden fall to the prices of yesterday. It is said that Prussia has come to an understanding with the Confederation, and sends immediately 30,000 men to the Rhine ; while others ascribed the decline to the execu- tion of a large speculation for the rise. You will have Poen in the Monacar the reappointment, of the President and minor dignitaries of the Corps Legislatif ; this has reference to the im- mediate convocation of that body for the purpose of voting more men and money for the service of the Government. Hitherto the reappointments have not been made before October.