The German Emperor and the Emperor of Austria met on
the 17th inst. at Roluastock, a castle on the Bohemian frontier of Silesia, nominally to see each other and inspect some military manceuvres. The German Chancellor, how- ever, General Caprivi, and the Austrian Chancellor, Count Kalnoky, are both in attendance, each with a staff of secretaries and clerks. It is surmised, therefore, with apparent reason, that business of some importance must be on foot, and Russian journalists affirm that the League of Peace is to be renewed "for seven years,"—that is, we suppose, for a second five years, which will cover seven years from this time. As we have argued elsewhere, this is by no means im- possible, as the League, to prevent a European panic, must be renewed some time before its term runs out, and this opportunity will serve better than next September, which would be rather late. It must not be forgotten, either, that the new Heir-Presumptive of the Austrian throne is not of his uncle's politics, and that the latter is much broken and aged. The meeting between the Emperors is said to have been unusually cordial, which is probable, the two being sincerely allied ; while the great difference of age checks the boisterousness which is the German monarch's personal foible.