It is to the glory of Great Britain that in all the disturbances in Europe of late, she has sought, by her intervention, to save the people from the consequences of a bloody war, and in all cases she has appeared as the friend of the weakest side, her mediation was not often accepted. In the case of the unhappy war between Prussia and Denmark, about the miserable affair of Schleswick Holstein, her offer was accepted, and peace was restored. DENMARK. We have little to say of this kingdom excepting that by her superior naval force she redeemed her credit, somewhat impaired by the success of the Prussians on the land; and the effective blockade induced her enemy to listen to the proposition of Great Britain to mediate. The result was the settlement of the difficulties about Schleswick Holstein. PRUSSIA. The attempt to create a federative government in Germany has not yet proved successful. Various plans have been proposed, and a constitution, not unlike that of the United States, was nearly adopted. But when the states which are to compose the federation have been so long entirely independent, and have exercised the privileges of complete sovereignty, they do not readily yield up their independence, and hence, after moving toward a union, they start off, alarmed at the chance of being lost sight of in the shadow of the larger states. The intention of forming a confederacy is still cherished, and may be realized. Prussia must, of course, have a leading voice in such a movement. But the power of the continental monarchs rests, and must continue to rest, upon the army, and consequently war, that weakens the nation, must, for a time, give strength to kings. But as the strength which is imparted to the human system by the use of opium, it will destroy in time what it was intended to support. AUSTRIA has had a sort of triumph; her arms have been successful in Italy, and, with the aid of Russia, she has put down the rebellion in Hungary. Yet Austria is weaker now than before her triumphs, and is regarded with less favor, more hatred, more contempt than formerly. The necessity of changes in her government; the necessity of destroying her own rebellious cities; the necessity of applying to Russia for help, have taught that power to feel that it is not only vulnerable, but that it is perishable. And a few more such convulsions, even though Russia interfere, will dismember the Germans, and set free her injured dependencies.