The day before the defeat at Sadowa, the Austrians had already set in motion their second attempt to break the Italo-Prussian alliance. Warned of the impending military catastrophe by
General Benedek, the Austrian Emperor
Franz Joseph I, during the night between 2 and 3 July 1866, thought of immediately and unconditionally offering the Veneto to Napoleon III in order to obtain an armistice with Italy. After Sadowa, on the 4th, he acted on this thought which was communicated to the Austrian ambassador in Paris on the evening of the same day. Napoleon III, who was beginning to seriously fear the consequences of a dramatic and decisive Prussian success, telegraphed Victor Emmanuel II on 5 July offering him the Veneto in exchange for peace with Austria. At the same time he had the news of the offer published in
Le Moniteur Universel to create additional pressure. The Italian government reacted very coldly to the French Emperor’s initiative, although Paris continued to put pressure on Florence. For Prime Minister Ricasoli, outright refusal of French mediation was impossible but he played for time, continuing military operations with maximum energy for as long as possible. Napoleon also made an offer to Prussia of mediation, which Bismarck, confident that he had achieved the objectives of his war, accepted. This led to an agreement in principle between Austria and Prussia which established the creation of a
North German Confederation under Prussian leadership and the exclusion of Austria from all German affairs. Once the plan was accepted by Vienna and Berlin, a truce was reached. The Italian army had, in the meantime, occupied the Veneto, abandoned by the Austrians, and was now converging on
Trento. The truce between the Austrians and the Prussians was decided on 21 July, valid from midday on the 22nd. The government of Florence received news of the agreement only indirectly, through France. Italy, however, was seeking a military victory and to Napoleon III's requests for peace it initially responded that it was waiting for direct official communication from its Prussian ally. Then, however, on 22 July, news arrived of the decisive Austrian defeat of the Italian navy at
Lissa and the following day Italy also agreed to a truce. The armistice began on the morning of 25 July. On that date, Italian troops had occupied part of
Trentino and the Italian government was concerned with preserving control over this territory. Bismarck opposed this, claiming that he had accepted the French proposal for the integrity of the Austrian Empire with the sole exception of Veneto. The Italian Foreign Minister
Emilio Visconti Venosta then suspended the armistice in the hope that a local victory that would allow him to keep Trentino. However, faced with the signing of the preliminaries of peace between Austria and Prussia on 26 July, on the 29th Italy sent its conditions to France, the mediating power. Austria refused to cede anything other than Veneto and Prussia refused to continue the war alongside Italy. The Italian troops in Trentino commanded by
Garibaldi and
Medici were then recalled and on 12 August, at
Cormons, the final armistice between Italy and Austria was concluded, followed on 3 October by the
Peace of Vienna. This established the cession to Italy of only Veneto through France. The third war of independence was over, and with it the Italo-Prussian alliance. ==See also==