25 NOVEMBER 1865, Page 3

The negotiations for a commercial treaty between Austria and England

appear to have been again suspended. The difficulty seems to be that the statesmen of Vienna, though aware that free trade would benefit Austria, want something to show their people, -or, in other words, some visible reduction of English duties. They asked for a lower tariff on wine, but Mr. Gladstone thinks we have gone far enough in that direction ; and tobacco, in which we believe we might go much farther with safety, would not per- haps satisfy them. The Ministry of Commerce has therefore turned to France, which can make concessions, and the arrange- ment with this country is suspended. We can wait.