Whether wise or foolish, Napoleon's interference in Mexican affairs had not weakened his power or lessened his influence in the estimation of Europe. Five months ago he was at the head of the European world. His position was quite equal to that which Nicholas held thirteen years earlier. If any change in his condition was looked for, it was sought in the advance of his greatness, not in the chance of his fall. The general, the all but universal sentiment was, that during Napoleon III.'s life France's lead must be accepted; and that, if that life should be much extended, France's power would be greatly increased, and that Belgium and the Rhine country might become hers at no distant day. It is true that, long before the middle of June, the course of events indicated the near approach of war; but it was commonly supposed that the chief result of such war would be to add to the greatness and glory of France. _That_ was about the only point on which men were agreed with respect to the threatened conflict. Prussia and Italy might overthrow the Austrian empire; but most probably Austria, aided by most of Germany, would defeat them both, her armies rendezvousing at Berlin and Milan; and then would Napoleon III., bearing "the sword of Brennus," come in, and save the Allies from destruction, who would gratefully reward him,--the one by ceding the Rhenish provinces, and the other the island of Sardinia, to France. Such was the programme laid out by most persons in Europe and America, and probably not one person in a hundred thought it possible for Prussia to succeed. Even most of those persons who were not overcrowed by Austria's partisans and admirers did not dream that she would be conquered in a week, but thought it would be a more difficult matter for General Benedek to march from Prague to Berlin than was generally supposed, and that such march would not exactly be of the nature of a military promenade. That the French Emperor shared the popular belief, is evident from his conduct. He never would have allowed war to break out, if he had supposed it would lead to the elevation of Prussia to the first place in Europe,--a position held by himself, and which he had no desire to vacate. It was in his power to prevent the occurrence of war down almost to the very hour when the Diet of the Germanic Confederation afforded to Prussia so plausible a ground for setting her armies in motion, by adopting a course that bore some resemblance to the old process of putting a disobedient member under the ban of the Empire. Prussia would not have gone to war with Austria, had she not been assured of the Italian alliance,--an alliance that would not only be useful in keeping a large portion of Austria's force in the south, but would prevent that power from purchasing Italian aid by the cession of Venetia; for so angry were the Austrians with Prussia, that it was quite on the cards that they might become the friends of Italy,