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We publish to-day a document which will be of some

interest to naval men,—a thorough analysis of the defence put forward by Admiral Persian° for his conduct at Lissa. Its accuracy may bo relied on, iu so far as it is his defence, and it certainly disproves altogether many of the charges upon which his adversaries relied. The gist of it, however, is a statement which requires more in- dependent evidence than has yet been obtained, that Vice- Admirals Albini and Vacca disobeyed orders, in refusing to allow their wooden ships to enter into the conflict against armour-plated vessels, and the most extraordinary fact of the engagement, the sudden departure of the Afondatore, when she had effected no- thing, remained unexplained.

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