thereafter, to say that the Bourbons should continue to govern in the Two Sicilies, that the Dukes should be restored to their Duchies, and that Venetia should be guarantied to Austria. He felt this, as the terms of the treaties that were made very clearly show; for he was careful to abstain from pledging himself to anything of a definite character. If he had perfected his original work, and been possessed of the power to effect a new settlement of Italy, he would, we presume, have stipulated for the continuance of the Bourbon power in the southern portion of the Peninsula and in Sicily; while the much talked-of purpose of creating an Italian Kingdom or Duchy for Prince Napoleon would probably have been carried out, and that gentleman have been established on the Arno. To the Sardinian monarchy would have been assigned the spoils taken from Austria,--Venice and Lombardy. The change in his political plans was the consequence of the change in his military plan,--though either change may be pronounced the cause or the effect, according to the point from which the observer views the entire series of transactions. Thus the peace of 1859 may be considered to have been a benefit to Italy, just as the war it terminated had been. The war freed her from Austrian dominion; the peace, from its character, and from the circumstances under which it was made, left her people at liberty to act as they pleased in the fair field that had been won for their exertions by the skill and courage of the French and Sardinian armies.