We mentioned last month the release of Mr. Brace, the American traveler in Hungary, who had been arrested and thrown into prison by the Austrian authorities upon the most frivolous grounds. His release was procured by Mr. McCurdy, who threatened to demand his own passports, if it was not conceded. It seems that further proceedings of interest may be expected. Mr. M. promised that Mr. Brace should present himself for trial. The London _Spectator_ remarks that "this trial will be watched with interest, it will take place in the sight of Europe and America, and also in the sight of Hungary. The oppressed subjects of Austria will see the right of personal freedom vindicated, in the person of a gentleman whose own government will do no more than insist on the strict fulfillment of the law, but will not be content with less. Austria will be obliged to submit to the law, and will be forced to that hateful submission at the dictation of a distant State. It will be brought to that submission, that dictation, before the eyes of Europe, even before its own subjects. It will be a very instructive trial." It is stated upon what is believed to be good authority, that the Turkish Government has definitively determined that Kossuth shall be set at liberty on the 1st of September. The Austrian Government has warmly and steadily protested against his release, but without effect. The government of the United States has sent a national vessel to receive him upon his liberation, and his arrival in the United States may be expected by the 1st of November. No man living would receive a warmer welcome. THE EAST. The English government has directed the seizure of another large _Indian_ territory, part of the Nizam's dominions, to enforce the payment of a large sum of money with interest. It is thought that the Nizam can and will pay at the last moment; but if not, it is not probable that his sway over his own dominions will hereafter be more than nominal. At Gobindpore on the 14th of June, seventy prisoners were chained together in a hut for safe keeping. During the night, the hut took fire and all but five perished. The news from _China_ represents the insurrection in the southern provinces as one of magnitude and great political importance. It is said that one of the leaders has assumed to himself the title of sovereign, and that the insurgents, numbering a hundred thousand, menace the city of Canton. The Chinese journals take very different views of the character of this disturbance, some considering it as merely the work of a few desperadoes, seeking only pillage, and others attributing to it the highest political consequence. The emperor is said to be considerably alarmed, and has sent against them his choicest troops.