Under the head of Italy, Genoa, the 10th of May, we read, "They write from Trieste, that they are actively employed there in arming a company of commerce for the East Indies. The grant (charter, patent, octroi) is very soon to appear in print, that every one may have shares in it, and have a part in the advantages that shall result from it. As it is of importance to our Court, that the productions of the country should be transported to foreigners, this company will obtain all the privileges necessary to put it upon a flourishing footing. They are taking all possible measures, that the funds advanced should produce to the proprietors a considerable interest. Austria proposes to observe the most exact neutrality with all the maritime powers, and to form alliances with the States of Barbary. In the meantime, that we may have nothing to fear from these last, our vessels will be partly armed for war, and partly loaded with merchandises." A sensible letter from London (real or fictitious I know not) says, "The armed neutrality engages still the attention of our Court. We do not cease to dread here, that it will have melancholy consequences. If some persons flatter themselves, that it may lead to peace, others think that we cannot make an advantageous one. France and Spain appear determined not to lay down their arms until they shall have taken away from us the empire of the seas, and rendered commerce and navigation free. We are not ignorant, that the wish of Europe is in their favor, and the armed neutrality has sufficiently demonstrated it. Our Ministry well convinced, that it is upon a superiority at sea, that depends the safety of our possessions in the four quarters of the world, will neglect nothing to preserve it. But it is at least necessary, that by a prudent conduct towards the neutral powers, we should engage them to permit us to enjoy it. The part which we act cannot but alienate them. Far from retracting, we go directly on."