25 JUNE 1864, Page 1

The Morning Star professes to give a faithful account of

what passed at the last meeting of the Conference last Wednesday. Austria, it says, first decidedly rejected the English proposition for arbitration. Wily Prussia, while declaring that she was ready to enter into negotiations upon the subject, and to accept the good offices of a neutral Power, reserved to herself full right to reject the award of the arbitration when made. In other words, she will not object to delay, which i3 her game, but will object to let delay end except as she chooses. Denmark, then, it is said, rejected emphatically the pro- posal, and the Danish plenipotentiary proceeded to read a minute, which is described as a masterpiece of political know- ledge and diplomatic skill" on the whole subject, in the course of which England was bitterly upbraided for her varying and inconsistent policy towards Denmark. Lord Clarendon replied " vehemently," and in a manner which is said to have created " a profound emotion." The Prince De in Tour d'Auvergne then proposed to halve Schleswig, and take the vote of the southern half, a proposal declined, as before, absolutely by Austria, accepted ad referendum by Prussia, and declined by Denmark. Prussia, it is said, then proposed an armistice for six months,—the Prussians to evacuate Jutland, and the Danes to give up Alsen. This last proposition having been rejected by Denmark, the Conference broke up, after agreeing to meet again pro formes to-day, in order to sign the minutes and "exchange the usual courtesies of parting," —thus adding one more to the many futile attempts to diplo- matize violence into gentleness, and rapacity into peace.