The Week.

had fled into the Tyrol , escorted by soldiers , aud carrying the public treasure with him . The Austrians have withdrawn to the eastern bank of the Po , and have abandoned Torre , Beretti , and the surrounding country . Garibaldi re-entered Como on Thursday evening at 11 o ' clock . On Thursday tho Austrians advanced from Bobbio towards the French outposts , but retired again after a , short fight . This movement was made to conceal tho retreat of the Austrians , who had begun to evacuate Bobbiocarrying with them about 1000 wounded .

Gari-, , baldi lias surprised and beaten the Austrians at Varese , and the town is again free of tho enemy . On Saturday the French crossed the Tieiuo , and attacked the Austrians , who , it is said , suffered a loss of 15 , 000 killed and wounded ; 5000 prisoners having been taken . This occurred at Magenta , on the banks of the Tieino . The struggle appears to have been a desperate one . A telegram , from the French head quarters , also states that tho Austrians had evacuated Milanleaving behind them the cannon and army treasure . Up tu

, tho present time the intelligence we have received respecting the struggle at Magenta i ? so onesided , that it is difficult to form an estimate of the truth . There is a difference in two accounts from Paris , of 2 , 000 prisoners , and 5 , 000 killed and wounded , which is a proof that the French have been at least somewhat hasty in their conclusions , whilst the fact that they admit thc loss of one cannon , and only claim to have taken three from the Austrians , eonstrasts strangely with the enormous loss of 20 , 000 attributed to the latter . There is another item of

intelligence in the imperial bulletin which throws a doubt on the completeness of tho victory—the inaction of the allied army on the Sth of June , tho day after the battle , ' for the purpose of reorganizing itself . " Had tho defeat been of a decisive character the allies would hardly have remained inactive with Milan , notoriously disaffected in the roar of tho retreating enemy ; but they would at least have taken advantage of the earliest success to secure the first prize of the campaign—the Lombard capital . The Emperor of Austria is busied at Verona in completing the organization of the augmented army force , and has in the meantime ordered Field-marshal

General Hess to proceed with the second corjis d ' armee to the head quarters . At Vienna , on Saturdays great religious solemnity , with procession and public prayers , took place , imploring Heaven to bless the Austrian arms with victory . AU the members of the imperial family and the ministers were present . The mass was read by Monsignor Lucca , the nuncio of tho . Pope . A letter from the Adriatio states that Admiral Jurien de Lagraviiire had made as many as seventeen captures down to May 20 th . Oue of his prizes is a fine three-masted vessel from Trieste , the Santo Trinita . Tho recently instituted council of prizes will shortlsitto

y . judge of the validity of these captures . The municipality of Venice has requested a reduction of the loau . The president and vice-president of tho chamber of commerce have resigned their official positions , as has also the Podesta Marcello . A telegram from Venice , in the beginning of the week , stated that hostilities had begun , and that the Lido forts were cannonading the French squadron . At Berlin a government announcement was made ou Wednesday , stating the conditions under which the officially ordered Prussian loan at five per cent , is to be issued .

The issue Is to be made iu coupons of from 50 to 1 , 000 thalers , the payment of the interest to be half yearly , and the redemption of the debt to commence from 1863 by paying one per cent , per annum . The Dresden Journal pretends to be informed of a gradual approach between Austria and Prussia ; but little of this is visible in the Prussian press , which pretends that the Prussian government is little inclined to wage war for the sake of Austria . It is said that the Prussian squadron before long will join the English fleet , destined to protect the Baltic ,

or rather tho entrance thereof . The- Prussian ships which are to form part of the combined squadron are to set out for Copenhagen within a few weeks . Thc French government appears anxious to prove that the presence of the Emperor ' s cousin in Tuscany is , as it has constantly stated , caused purely by strategical considerations ; aud we are informed that it is about to take a step which will prove that it has ' iio idea , of establishing a French { prince at Florence . According to advices from Florence , Russia , Prussia , England , and Turkey are said not to have recognized the Provisional Government of Tuscany , and the representatives of those countries are also said to have withdrawn their flags . -The