The long expected military insurrection at Madrid, has at length been accomplished under the leadership of Generals O'Donnell and Dulce. The French Government journals hasten to inform us that, according to their dispatches, the Spanish Government has already overcome the danger and the insurrection is suppressed. But the Madrid correspondent of The Morning Chronicle, who gives a detailed account of the rising and communicates the proclamation of the insurgents, says that they have only withdrawn from the capital in order to join the garrison of Alcala, and that in case of Madrid's remaining passive they would have no difficulty in reaching Saragossa. Should the movement be more successful than the last rebellion in that town, the consequences would be to cause a diversion in the military action of France, to afford a subject for dissent between France and England, and probably also to affect the pending complication between Spain and the United States Government.
It appears now that the new Russian loan has not been positively contracted for by the Messrs. Hope of Amsterdam, as I was led to believe from announcements made at the London and Manchester Exchanges; and that these bankers have not advanced any portion of the money to the Russian treasury. They merely undertook to bring it out at the different European Exchanges, but at no risk of their own. The success of the loan is reported to be very doubtful, and we have news that at Berlin and Frankfort it has met with very little favor. The Hamburg Senate has prohibited its official quotation, and the English diplomatic agents and Consuls, according to The Morning Chronicle, have issued warnings to British subjects not to become subscribers to a loan “intended for carrying on war against the Queen.”
The intelligence of the movements of the Russian troops since the abandonment of the siege of Silistria is contradictory. The Moniteur having announced the retreat of the Russians behind the Pruth, the Vienna Presse states that there was not the slightest reason to believe in the fact of such a move. It appears, on the contrary, that not even Wallachia is intended to be evacuated, General Liprandi having taken up a position at Plojeshti and Kimpulung, with his outposts stationed at the entrance of the Rothenthurm Pass, while the main army, retiring by Slobodzie and along the left bank of the Danube, is stated to have halted at Brailow. On the other hand, the corps of Luders occupying the Dobrodja, has not yet abandoned the line of Trajan's Wall, and it is not likely that even in the case of further retreat, they will surrender Matshin and Isaksha. Fresh troops are said to be pouring into Moldavia, where it seems to be the plan of the Russians to concentrate a large force. The corps of General Paniutin has entered from Podolia, and additional resources are being drawn in from Bessarabia. The entire force of the Russians in Upper Moldavia, between Jassy, Roman and Botushani, is said to amount to 60,000; and a division of 20,000 is encamped near Kischineff. “Paskiewitch,” says the Ostdeutsche Post, “has declared that in no case will he abandon the mouths of the Danube.” The retreat is explained by the Russians to be only a consequence of the plague having broken out on the Higher Danube.
The movements of the Austrians are still quite undefined. The corps of Coronini is stated to have orders to embark on steamers at Orsova, and to go down the river to Giurgevo, thence to march upon Bucharest. The Corriere Italiano, an Austrian Government organ, announces that the object of this move is only to take up a neutral position in Wallachia, and yet at the same time we hear that the Austrian “ultimatum” has been declined by Russia. “The Russian Emperor,” says the despatch published in The Morning Chronicle, “in his answer to the Austrian summons, expresses his readiness to negotiate with the four powers on all points, except on the privileges of the Christian subjects of the Sultan. On this subject he will only treat directly with the Porte, and he refuses to admit the interference of the four powers. He also refuses to give any guarantees for the evacuation of the Principalities.”