12 JANUARY 1833, Page 2

The King of Sardinia has granted an unconditional amnesty to

all the Piedmontese compromised by the insurrection of 1821; but the insurgefits cannot return till the expiration of three years. Thus, this tardy act of Royal favour is stripped of much of its value. Eleven years' banishment might have satisfied this tool of the Austrians : but perhaps Prince METTERNICH has his own reasons for the delay. The influx of a number of Liberals into Italy may be hazardous to the cause of despotism at the present moment; while the prospect of the return of their relatives, three years hence, may serve to keep unruly spirits quiet.