States--the governments, that is, of all these--while behind and hostile to the whole, is the Democratic element, predominant probably among the Prussians, strong in the lesser States, and not powerless even in Austria, hostile to all existing governments, or to any confederation they may form, whether consisting of a _duality_ of Austria and Prussia, or a _triad_, composed of these and a coalition of the minor States; but longing, instead, for a German _unity_. The cannon is still loaded; the priming has only been taken out. The last advices from Dresden, of Dec. 28, bring us an account of the opening of the Conference by speeches from the Austrian and Prussian Ministers. That of the former was highly conservative in its tone, dwelling mainly upon the advantages secured by the old Confederation. The speech of the Prussian Minister, on the contrary, hinted strongly at the inefficiency which had marked that league. The proceedings, thus far, have been merely preliminary. The return of the Elector of Hesse-Cassel to his dominions, under the escort of Austrian and Prussian troops, was marked by sullen gloom on the part of the people. Preparations for the forcible disarmament of Schleswig-Holstein by Austrian and Prussian forces are actively going on; it is feared that the Duchies will make a bloody and desperate resistance. The internal condition of Austria is far from settled. So arbitrary have been the proceedings of Government, that even the _Times_ is forced to disapprove of them, and to wish that instead of Russia, the Empire had a constitutional ally. The discontents among the Croats and Servians are as predominant as were those among the Hungarians, and a coalition between the Slavic and Magyar races, whom Government has hitherto played off against each other, is by no means improbable. Government dares not assemble the Provincial Diets, being fully aware that they would set themselves in opposition to its measures. In Hungary, the few natives who have accepted office under Austria, are treated by their countrymen as the veriest Pariahs, and the officials of Government are thwarted and harassed in every way possible. ITALY.