28 DECEMBER 1867, Page 2

M. Deak has succeeded in carrying the most difficult point

in the compromise between Austria and Hungary. This was the Hungarian guarantee for part of the Austrian debt. The Hun- garians say they are not liable, the Government say they are. M. Deak agrees with the Hungarians, but says the matter is one of self-interest. Hungary, surrounded by great powers, needs the aid of Austria ;—to weaken Austria by refusing the guarantee is to weaken herself. He, therefore, votes for the guarantee, adding that if the country objects he considers the question so important that he must bear the obloquy. The Government proposal was carried, according to the Times' correspondent, by 229 to 110; but we are not quite certain if this fixes the amount to be guaranteed, or only the general principle. The Emperor has issued orders for the establishment of Ministries of foreign affairs, finance, and war for the whole empire, but there seems to be some difficulty in finding men for the local Austrian Ministry. The Liberals in the Reichsrath do not like to take office.