12 MARCH 1881, Page 1

The prospects of peace in the East of Europe do

not improve. We receive day by day intolerably tedious accounts of meet- ings of Ambassadors at Constantinople, and discussions about methods of procedure, and efforts to induce the Porte to say what it will or will not do ; but there is no progress made towards settlement. "All that is known," report all observers, "is that the Sultan will not yield Prevesa." This means that he will not obey the Conference of Berlin, but is not final evidence that he will not cede an endurable equivalent for the territory then assigned to Greece. Meanwhile, the Greek.s are becoming impatient, and have called out their last reserves, and an impression begins to spread in Athens that there aro Powers who are not in earnest in forcing an acceptable compromise,—who, in fact, see an opportunity in war. That has been our suspicion, from the moment it became clear that Europe would not take the straight road to peace, namely, send her fleet to Constantinople to enforce the decision of Berlin.