26 JANUARY 1861, Page 1

Simultaneously with the rumours of Hungarian insurrection, we have reports

of vast armaments in France. A large addi- tion is to be made at once to the superior grades of the marine. The instruction of the troops is to terminate by the 1st of March. Troops are said to be concentrating quietly towards the German frontier, and changes in equipment are talked of, some- what too costly to be attempted in view of enduring peace. The courts of Europe have been assured during the week that the Emperor desires no war ; but a man's preparations are not always in accordance with his desires. France, undoubtedly, is arming, whether with a purpose or simply to meet eventualities, the first movement in Hungary will explain.