3 MARCH 1866, Page 2

The most noteworthy rumour of the day is that the

relations between Berlin and Vienna are becoming "strained." Prussia has made, it is said, an offer of compensation in money for Holstein which Austria rejects, desiring the Silesian county of Glatz. The Prussian Cabinet, however, is determined to annex the Duchies, while the Austrian Commissioner in Holstein has officially advised the people of the Duchy to revive the Constitution of 1854, a direct divergence from Prussian policy. Messengers are con- stantly passing between the two Courts, the language of Count von Bismark's organs has become menacing, and it seems certain that Prussia, whether in earnest or not, is arming fast. The Austrian Government will probably be compelled to give way, but it will go to the very verge of war before it will submit to what is practically an order to leave Holstein.