{From the Ar <?w York Herald, Sept. 24.) The Austro-Hungarian expedition of P|iyot and Weyprecht, concerning which information was recoived some days ago by cable, seems, after fuller reports, to haveaccompiished an important discovery. Beiug locked in the ice they drifted north ward, and, when about two hundred miles from Nova Zembla, discovered land, which was mountainous and lofty. Coin ing within three miles of it they landed over the ice, but found very little life, either animal or vegetable. They tra versed this land to latitude eighty-two degrees live minutes, and sighted a cape in about latitude eighty three degrees which they called Cape Vienna, To the knd itself they gave the n-Jine Francis Joseph, their Emperor. They saw no limit to the land in an easterly or westerly direction. Their ship, being still ice bound after two winters, was abandoned, and the party, escaping over the ice first, then in boats which t^ey had draggod un-- til open water was reached, aWeiigth reached Is ova Zembla, and, while coast ing southward, were picked up by a fish ing vessel, from which they, were lauded at Vardoo, in Norway. Long since given up for lost, they were everywhere re ceived with joy not unlike that with which Dr Katie's party, whose fortunes were very similar, were received in 1855, after their long ice and boat travel of a thousand miles of over eighty days, after abandoning their vessef in Smith. Sound.
