It is rumoured that a commercial treaty is on the
point of being concluded between England and Austria. This is not unlikely, as Austria refused to become a party to the Prussian Customs League, and exhibited a good deal of jealousy at the increase of political power which Prussia, as head of the league, would neces- sarily acquire from it. The Times says, in reference to the re- ported treaty, which Mr. MNCGRBOR, of the Foreign Office, is understood to have been employed in negotiating- " It is to tw hoped that the intereata of the British manufacturers have not been overlooked in the treaty alleged to be ratified, and that its scope is not re- stricted to a trifling alleviation of tonnage or differential duties upon shipping, or the concession of coal-depots for steamers, the abortive results uf other com- mercial treaties, so long announced and so much boasted of beforehand. Coo- Meting that the German Customs League has now been in full operation for several years, and is acting as disadvantageously as was anticipated upon 13ritish manufactures, it is rather to be wondered that efforts have not been made with greater promptitude to counteract its effects, in cmnbination with the one greet Power equally aggrieved and interested about it."
