2d. The free navigation of the mouths of the Danube secured according to the principles established by the Congress of Vienna.

3d. The revision of the Treaty of 13th July, 1841, in the interest of the balance of power in Europe.

4th. The abandonment, by Russia, of her claim to exercise an official protectorate over the Christian subjects of the Porte (to whatever rite they might belong) in consideration of the Powers giving their mutual assistance to obtain from the Sultan a confirmation and observance of the religious privileges of all Christian communities.

A period of fourteen days was given Prince Gortschakoff in which to communicate with his Imperial master.

In less than eight days, instead of the fourteen allowed him, the Plenipotentiary of the Czar was instructed to negotiate a peace on the minimum proposed.

No cessation of hostilities has taken place; no armistice will be listened to, and the siege goes on. Enormous preparations have been made both by the French and English, for continuing their operations with increased vigor as soon as the weather will permit. Omer Pacha has been ordered, with his army of forty thousand men, to proceed to Eupatoria, where he has landed, and will be able to operate on the rear of the Russians, while the British and French attack in front, and if kept well supplied both with men and means, we may expect something brilliant from his well-earned prowess and reputation.

Whether we are approaching the close of the war, or the beginning of it, is a question which no human foresight can, at the present moment, determine.

The question is one of deep importance to the world generally, for war brings so many evils in its train, is so exhausting in blood and treasure, interrupts the commercial transactions of nations so painfully, and retards civilization so seriously, that we cannot but hope that the year which thus commences with slaughter may close in peace.