On 26 July 1866, Prussia and Austria signed a preliminary peace agreement at Nikolsburg which established the following agreement: 1. Austria is to withdraw entirely from the association of German states; 2. Austria recognizes the formation of a federation of the North German states under Prussian leadership; 3. The relationship between the south German states among themselves and with the North German Federation remains to be decided by freely agreed arrangements. 4. Austria recognizes the alterations of possessions to be carried out in North Germany. 5. Austria to pay a reparation of 40
...more
