29 AUGUST 1840, Page 1

The French papers, baying had nearly all the war-talk to

them- selves, are becoming satiated of the subject, and are now begin- ning to consider what France is likely to get by going to war with England, and what she is more likely to lose. The Journal deg DAuts observes, that in all preceding wars with England, the French colonies have invariably fallen a sacrifice at the very outset ; and, despite the formidable naval armaments which we are told France has now at her disposal, the De5hats contemplates the seizure of the remaining French colonies as the first result of a de- claration of war.

Whilst public discussion in France is taking a more pacific tone, MEnisina Am, the immediate object of the alliance between the four European Courts, has become more belligerent, lie is making preparations for war with great assiduity, relying, it is said, on the support of the King of the French. The ultimatum of the .Porte, based on the terms of the new Quadruple Treaty, had been despatched to Alexandria. It requires the bninediate evacuation of Syria, with the exception of the pachalick of St. Jean d'Acre, which Munnsiser will be permitted to retain on the same condi- tions as the other Paellas of the Porte : the island of Candia also to be given up. In return for these concessions, the success- ful rebel is to hold Egypt in hereditary possession, on the payment of an annual tribute. Twenty days were allowed for acceptance ; but the crafty old fox had retired from Alexandria to Damietta, in order to gain delay. The strength of the Paella's army in Syria is estimated at upwards of' 100,000 men, all properly equipped and disciplined. With such a force at his command, his easy acqui- escence is not expected.