Newspaper of The New York Herald, November 22, 1845, Page 1

Newspaper of The New York Herald dated November 22, 1845 Page 1
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THE NEW YORK HERALD. Vol. XI., No. 34'4-Whol* No. 4174. NEW YORK, SATURDAY MORNING, NOVEMBER 22, 1845. Prlet Two C?nta. BY AN EXCM'NIVE AM) EXTRAORDINARY EXPRE88 TO THE NEW YORK HERALD OFFICE. HIIJHLY IMPORTANT FROM EUROPE. ARRIVAL OF THE STEAMSHIP BRITANNIA AT BOSTON. Terrible Railway Revulsion in England and France. Expected Famine in England. PROPOSED OPENING OF THE PORTS. Meetings of the English Cabinet. Warlike Preparation! in Great Britain. DEPRESSION IN THK COTTON MARKET Excited Feeling in England ON THK CORN LAWS. Renewed Political Agitation in England and Ireland. Important Ministerial Changes. RESIGNATION Of MARSHAL SOULT. AFFAIRS IN INDIA. ABDEL KADER AND THE FRENCH. Prostration of Trade In the Manufacturing Districts. Briskness in the Iron Trade. MARKETS, Ae. Ac. About 1 o'clock yesterday afternoon cursorial and 'rom ^ost?n reached this office, with the despatches whio arrived at that city ,n evening"1* Bn,annia at 6 o'clock on Thursday Our meaner came by horses part of the way, and then by ,he famous steamer Neptune, of the Independent Line, to this city. We are na ,i fcrly indebted to Mr. Geo. Williams, the gentle manly agent of that line, and to Capt. Rollins of the -Neptune, lor their energy and exertion, in aiding us to carry out this piece of enterpr.ze g The Britannia sailed from Liverpool on the 4th inst, and we have papers from that city to that date Our accounts in a commercial and financial point j ol view, are more important than they have been for the last twenty years. A terrible revulsion has commenced in England, greater than that of 1825 and similar to that of 1837 in the United States. u ZJnr \?n 'aS,brn ,,r<,duc"d by ^e combined lnlluence of a bad harvest all over England and Europe, a bad monetary system, and the unthink mf lotlaUo.n 'J1 rulway speculations. All stocks, aad every staple is going down-except the price of ! breadstulls, which the impending famine enhances and improves. This terrible movement is just in its commencement. The first blow has been struck ? ind in Ireland, the agitator O'Connell is already u*ing it for the purpose of opposition to the union English government seems to be in a state ?f alarm, and Sir Robert Peel is calling cabinet alter j cabinet, to deliberate on the opening of the ports and the best means to meet impending famine. Cotton is down?corn is up?and the excitement caused by the revulsion is increasing every day.? What the result may be, no one can tell-j^rhaps it js the "beginning of the end" of the financial and political superstructure of England and France. The steamship Marmora from New York and Li* ! verpool, for Constantinople, put into Cove 2nd No- ' vember, with coals on fire, and would discharge them. 6 The warlike preparations in Great Britain con- ' tinned. The frequent Cabinet Councils, following each other so quickly, had created a good deal of anxiety throughout the kingdom, and it was thought that they would result in the opening of the ports for grain. The iAtndon Standard of the evening of the 3d in^t., officially makes the annem| jmporlanf nouncements :? The MidlaUri pre?ont w/r. S?r Roh^ Peel ? TnT of Wellington. the Lord Chancellor, LoTWrnclSff/ ? S&MSSS; g'i-iS?Fr:< a?: a? Another Cabinet (-ouncil will bo nt ? i i 01 z ;;:"r ?in ?ra" All this trouble and distress in England is pro ducing an extraordinary revolution in parties there It is already stated, on excellent authority, that Lord John Russell, the late leader of the whigs, will join the administration of Sir Hubert Peel, and that he will succeed Lord Stanley as Colonial Secretary - To this important change in the Ministry may be at tributed to a great degree the confident hope that the ports will *e thrown open ' American news to the 16th, was republished in London papers of the 28th, together with specula tions of the American press on the affairs of Mexi co. Texas and the U Plata. The London Tim), in an article on American politics, remarks that the' commencement of the session will, n, the course I of a month, call from Mr. Polk a full and authentic 1 sta en,,nto the policy ol the Government, and i Unit.? "V, I ,IU',8W! ol LthV' Resident of the uiirted States has seldom had more momentous ? topics to dea with, more important doubts to re- I niov?*, more hidden things to reveal." Mie 1 'aris correspondent of the London Times hh nounces that the great Powers were about to insist me it of Xpn!'? of Legations from the Govern m nt of the I opt and that they would be added to I the dominions of the Grand Duke of Tuscany The chairman of the Wr.can Chamber of Com inerce, Liverpool, has received a letter fro ,1 ml Nindon, expressing his LarHani.). ironi f.?oni memorial to the Privy Council in lsviTT i the Indian corn. His Lordship th^ on the part of ourgovernmentwouldgreaUvstre'nih?^ in America, iheliands of those wn? a^ ^ relaxation of the tariff. "vocate the Sir Allan McNab, speaker of the House of Assen. bly of Upper Canada, leaves Liver|>ool by the ma I to!" Halifax, Nova Scotia, on the ItI. of November They talk of building a railroad to connect 8t Petersburg in Russia with Pekin in China. l/ist week, George Hudson, M. P., theluckv srssjsftf iw&S: The King of Prussn, and the Corporation of the city of Berlin are at loggerheads .... the subject of the Kongean Reformation; the Corporation favoring it, and ihe Iving opposing it. "tvoruig Mf. O'Connell attended a great gathering ol the ;T?i; ri\.rtyo'on ",n,,Hy' n i?' I" d that H?,(NNi arsons were present, ln ?pil<. , ^reiit delude ol rain. 1 H The Paris sharp market is in a still worse state tli an that of London or Liverpool) Reserved carnages for ladies are becoming gen eral upon all the principal railways in llngland. ^lt is rumored that the banks of England and France are about to make arrangements (or the re ciprocal remittance of railway deposits, so aa to ob viate the derangements in the currency. Accounts from Leii?ic and Frankfort state thai the commercial interests in both those cities were in a very embarrassed state, and a financial crisin was inevitable. Thirty railway speculators have taken "French leave" of their bankers in Vienna; the consuquenee is a full in shares, and a curtailment of credit. Another advance of a half oenny on the -lib loaf took place on the 29th ult, in dillerent parts of Lon don: the ''top" price, therefore, of "cheap" bread'is now 8Jd , and of the best wheaten 9id., and in some places lOd. the 4lb. loaf. Since the introduction of railways, 412 acts have passed the British Parliament, empowering the con struction of 278 lines, (some ot the acts were for extensions, durations, Arc.,) and the total amount of capital to be raised on them was ?154,716,9:17. There is a report that the Prince de Joinville is to proceed to the coast of Morocco, with a ? squadron of shi|>s of war, to protect the subjects of France, and to overawe the government of Mo rocco. The average number ot British shipwrecks in a Sear is MO, the value of property destroyed ?2,500, 1)0 sterling, and the number of lives lost 1,5W). A Paris Ministerial pa|>er has the following rumor . of a settlement ot the Oregon question:?Our private correspondence from London announces that the Cabinets of London and Washington have come to an agreement on the question of the Oregon territo ry. Oregon territory has been rejected by the Ame- | rican Senate by a minority of only two votes. An American plenipotentiary had repaired to London to follow up the negociations, which have at length ended in a final arrangement. The Emperor of Russia by a rapid journey un- ; expectedly joined the Empress, who was previously in Italy. They arrived on the 19th with a suite ol 75 persons at Genoa, whence they embarked on the 22a on board some Russian frigates which were waiting in the port for Palermo. The Empress was ' in an extremely feeble state of health, but she had ! revived somewhat under the climate of Italy. The Frankfort Gazette states that the Grand 1 Duke Nicholas, the heir .to (he throne of Russia, j had arrived at Botzen, in the Tyrol, on his way to Italy, to join the Emperor. The Journal ile Francfort states, from Berlin,that j since the 1st of October. 1844, not less than sev?n millions of Prussian dollars have been given by the ' King of Prussia or the State towards the relief of the sufferers by the inundations and other calami ties which have visited parts of Silesia, Pomera nia. fee. Pugilism?The Championship-?So much disa greement has arisen in consequence of the late fight between Caunt and Bendigo, after which the latter claimed the belt, that a challenge has been made and accepted to fight it over again for 1000 sove reigns. Puseyis.m.?Mr. Newman,who has lately seceded frrm the Established Church, of which he was a minister, is reported to have purchased several acres of land at Littlemore ; and that an important institution is likely to arise there for the promotion of the objects of the Ptiseyite and Romanist party. For the present Mr. Newman remains in fcy com munion with the Ronush church; and rumor tends to connect him with the Jesuit College at Stony hurst. Arrival or Packet Ships.?Since our laBt pub lication we have had several arrivals, which were all, however, anticipated by the extraordinary ijuick voyage of the Cambria, which reached here on the 27th nit, in less than 11 days, including her calling >ind stay at Halifax. The Sheridan arrived on the 26th, the Empire and the Cambridge on the 30th, and the Patrick Henry on the 31st. We may also mention that the new ship Washington Irving, Cap tain Caldwell, one of Train's Line of Boston packet ships, arrived on the 29th, having.sailed on the 1st. ?Liverpool IHmet, Nov. 4. Iron Steamships. ? The construction of iron steamships is now making rapid progress in Eng land, ana particularly at Liverpool. In the extensive yard ol Messrs. James Hodgson & Co., there is now no less than five iron steamers building. One an iron steamship, of 1400 tons burthen, the first of a line of new steamers to run between New York and Liverpool; her engines will be of 180 horse power, with th?" screw propeller: she will be fitted up in the first style for passenger and freight accommodation. Also another iron steamship, of 600 tons, to run be tween Liverpool and llio de Janeiro, the first of a new line of eight; her engine power is to be 100 horse, with the screw profiler. Also a third iron steamer, of smaller tonnage, intended for Buenos Ayres, with the screw propeller. They have also several other smaller iron ships now building. Their yard accommodation is extensive, possessing ma chine rooms, furnaces,kmiths'shops, with afWvards' frontage to the river, which is a mile wide at that | point, and 24 feet deep at high water at their yard? whicn, with other conveniences, are ample enough for building seven iron ships '>f 700 tsn3 each, if ! fitted with the screw, at the same time. Warlike Preparations.?There is evidently a | screw loose between us and some or other of the i countries from which, according lo royal speeches, we are everlastingly receiving assurances of love J ?nd amity. Preparations for sudden hostilities is going on in all directions. Signs of the yui tfive are ! to be traced in every quarter. Old fortifications are I being repaired, added to, and strengthened. New I ones are being erected. There is an unusual bustle in the naval yards, as well as in the arsenals. Ships ! are being made ready up to that point from which ; they could at once be pushed into immediate ser vice. Those in service are gradually increasing their crews to the war complement, while a large fleet, delicately called " an experimental squadron," >ts an army of observation is someiimes designated a cordon aitv tin ire, is in high order, and fully man I ned, prepared for a dash to any part of the world, : iinrl against any enemy ng;nnst whom it may be re i <iiiired. But what is it all for, what is it all about T j These preparations cannot be from any apprehen sion of a quarrel with the United States about Mex I ico or the Oregon territory. Some of them are ; being made too near home tor that. The real cause is, we opinn, without mincing matters, that, in spite I of the recent bathing-machine alliance, things are not quite comfortable between us and our French ! neighbors just now. The causes of difference, if noi dispute, between us are, indeed, many. Not satisfied with kicking us out of Spain and turning us out of Greece, they are now busy with their in trigues in China, that they may carry off all the ad vantages for whish we fought Hnd conquered in the late war with that country. Their eagerness to re peat the fable of the wolf and the lamb towards our ally of Morocco may, also, in the end, lead to an un pleasant issue with us. But the grand bone of con tention just now is the marriage of one of Louis Phillippe's sons with the sister of the Queen of Spain, which is sure to elevate him to the throne of that country, and bring about a new and formida ble compact between France and Sp.iin. We say that such a marriage wo'ild surely elevate the French prince to the thtone of Spain. We have not a doubt of it. Louis Phillippe has no such thought; but the wretches by whom Queen Isabella is sur rounded and held in captivity, are too deeply stee|> ed in crime and blood and villainy, to hesitate about adding one more murder to those which tliev have already committed, to subserve their selfish and ambitious purjioses.?Liverpool Chronicle, Nov. 1. Freeman, the American Giant.?This well known pugilist is no more. He Winches ter Hospital on the 25th tilt. His complaint was consumption?we might almost say atrophy. He was wasted to a complete skelton. The West Inhia Mail Steamships.?^The half yearly meeting of this company took place last week in London, at which a satisfactory re|>ort was read, and a dividend of five per cent on the paid up capital was declared. The new system, introduced by the secretary in 1843, relative to the routes of the com pany's vessels works well; it has increased the re ; ceipts and decreased the exjienditure. The half year of 1S45 shows an increase of ?41,215 as com pared with the halt year when the change was intro duced. The surplus of receipts over expenditure Iroin January 1st to June 30th, 1S45, amounted to ?7."> 568. The report stated that a new, and as re gards the company, a more beneticial arrange ment had just been completed with the Govern ment. Port Adelaide a Free Port.?We have received advices via Sydney, by the last Overland Mail, of I the fact that on the 4th of .Inly last, by an Act of Counsel, Port Adelaide, South Australia, was de clared a free Port, and that no duties were thence forward exigible for pilotage (which is, however, to be furnished by the (iovernment as heretofore), har borage moorings, See., tec. We anticipate that one of the immediate advantages that South Austra lia will derive from this wise *tep WIJ1 be, that nu merous American whalers will resort to Port Ade laide to refit.1} Extensive Forgeries isy a Liverpool Meh cMant ?On Saturday information was circulated throughout the divisions of the metropolitan and city police, that Mr. Lyon, an extensive merchanl in Liverpool, in the Smyrna and American trade, hud absconded from that city, having committed forgeries to a very large amount. Mr. Lyon is be lieved to have quitted Liverpool about Monday or Tuesday last, but he was not unseed till Thursday. It is siip|K>ped that he is in London, and that he in tends to quit the country. He is described as about jive ten inches high, sallow complexion, black bushy nair and whisker*, rather prominent nose, dark eyes, tiliu face, prominent teeth, thin figure, and very upright; dri sses generally ina black frock coat, figured silk waistcoat, light irowsers, and black hat, Wellington bouts, and black stock, and wears a large shirt pin, and several rings on liis fingers?is fond of smoking, and is well known in the sporting world.?London Timet, Nov. 3. Sir John Franklin's Expedition?The expedi tion to the North Pole, consisting of the Erebus and the Terror, Captain Cro/ier, under the command of Captain Sir John Fnmkiin, was spoken by the En terprise, Martin, master, arrived at Peterhead, lying at an iceberg, in lut. 43 12 N., long. 0*2 W.. on the 28th July. The Ellksborouqh Testimonial?The total subscription at Calcutta already exceed ?50,000, of which only ?10,521 remains uncollected. It is in tended to apply the total sum realized to purchase of a service ol plate. Trade with China.?We understand from Mr Court, of the Underwriters' rooms, in Liverpool, thai the letters received by the mail from Cains, on the 25th ult., announce the extraordinary arrival of no less than twenty-one vessels at Ilong Kong, direct from Liverpool, since the sailing ol the pre vious mail. Terrible Hallway Revulsion. The railway mania has received its Something like a panic has overtaken the specula tor" in iron highways. Now that the re-action has come, it brings in its train ruin and devastation,and bankruptcy to thousands. But the end is not yet.. A more gigantic system of swindling has rarely been seen in these latter days and the number of " re?pectable" persons who have lent the r names to support bubble companies, make us blush lor the cupidity of our common humaniy. The Timet has been foremost in this work of flut tering the Volcians." It matters little what motives may have prompted the potentates of Printing-house Squwe to sound the tocsin ; whether jeafow their contemi>oraries, or vexation that they did not participate Tqually in the spoil or ajterminationto destroy the game of those who did all this 1. sfde the question. "We try the act the motive heaven can judge." The only regret w, that it I was not done sooner But certain it is, that The Times, true to its character of seizing the rigiit moment for acting upon fears, or controlling the public mind, kicked the baam at the critical instant, and to some extent produced the revulsion which is now witnessed. But with out deeiring to undervalue the powerand the in tusnce of the journal iu question, it would be weak to attribute the prostration in Jhe "hare market solely to its thunder. The Bank of Jut land the critical state in which the food of the country has been placed by the harvest, and the 1 state of the ]>otato crop; above aU, and beyond all the ridiculous experiments which the projectors of'tlie numberless moonshine companiesmude upon I the common sense of mankind these causes, - ' res|>ective of the diurnal monitor, have forced the declension to its present point. 1 he wreck of for tune and of character which this temp-orary insanity has produced, will be felt long afterthecause-that produced it have passed away. As a proof ot th extent to which this huge system ? 8Windhng l as been carried, it may be mentioned lhat even ladies were not exempt from its inlluence. The female trieiyfs and relatives of ihose who pulled the wires of certain imposing pum>et ^"1?, were in the daily habit of haunting the purlieus, and ollices of the share-brokers in the metropolis, to watch t he market, in order to turn their etiers of allotments To the best account! One of the railway papers mentions a certain batch of female Peculators who contrived to realize, by this kind of chicanery, dur ing the height of the mania, the astounding sum of ?.">(10,(100. The appropriation of the property of others by fraud or misrepresentation, is pronounced felony by the law of the (and; whereas,for a system, iWd for the most part on falsehood and deceit, ' there appears to be no legal res.ra.nt-certainly no legal remedy. Now that people have time to relit ct S to analyze, they find that out of thirty-three sets of provincial committees, the name of one party appears 23 times; the names of two otl.ers, I iq lim^ ? of three, 17 times; of fouiteen, 14 times; of 33, 8 times; of *29,9 tunes; and of 22. 10 times ! Can further proof be needed of the ; systematic attack upon the pockets of'the . hepes. which this cunning and clever sroundrelism has worked. Hut when the cloud, which now hangs hke a pall over every species of railway peculation, has been cleared away?when the market has been thoroughly sifted of the " bears' and the' of legitimate enterprise, the result w^lb^etterfr ! the country and for capitalists. Ihunder stornis clear the atmosphere, and the convulsions in th physical, producefconsequences hardly Iess' I rial than those in the commercial world A better cla s men-men of stability and substance. will | step in and take the p ace of the rotten ree b i .re now being kicked with scorn,out o the way. The railway system requires a thorough weeding, and no time was ever more opportune tor etlecting ; it ? but the reform must commence with the lea sia ture The cumbrous and expensive machinery for ! getting a new line through Parliament is mon strous, and to any parties but thoiewithalargj ' joint stock purse to back them would be ?>n?us 1 bpon the members ot parliamentary committees. 1 :he duties involve a wear and tear of body and mind that almost pass comprehension, lo save this labor, many members are said to havesecur?_c one or two shares in tthe principal new under ak ingn afloat, so that by pleading their interest therein they may be spared the fatigue of servingonthe committees. This is a sad indication of the work i ng of the system within the walls ot I "r''4r"?nt ' lint the primary evil is the opportunity w'lich existg for clever and plausible knaves, Heecling t het. lible public out ot doors, during the existence of tunes of excitement like those we have recentlv witnessed. Sir Robert Peel is said to have invited Mr. Hudson, the great railway speculator, to pass a few days with him at his country residence, Dray ton Manor, for the purpose, doubtles, of P""1"* their heads together, in order to devise some efh cient working plan in future. Mr. Hndson lluence with the legitimate railway world, is j r haps, greater than that of any man living, ana what lie sanctions in the way ot check or simplicity will, wirh the prestige of his name- go down. l ne coming session of Parliament is dreaded by y we?k .nd delicate member.,.^ the.rem scarcely be said to be groundless ; for the neateu atmoppliere of the wretchedly-inellicient and c ^ traded committee-rooms, crowded l.? 8"??JL8 with the members of the committee with witnesses with barristers, engineers, and others, durwg tne greater part ot tlie day, is enough to sitive nerves, to pay nothing of the midnight legis lation, of which the monnng s labor is only the pr? cursor. Upon the whole, whether we view the crash which is now dealing pecuniary destruction ?vf the land, or whether we regard the drain upon tlie national resources, which the carrying out ol many new projects will entail upon the tutur whether we glance at the 'earful derangement the monetary system thai must follow m the train of these adventures, as surely as the Hash I,ITceaes the rolling of the thunder?or whether we limit our vision to the case of individual victims, and U> the wretchedness which it has brought, and " vet bring, to many smiling hearths and hapj y Lines?the subject in every phase in which i :caj> be viewed, requires the prompt application oi prac ticsl. comprehensive, and sagacious statewnansnip, and it ought, nay, it must, receive it instanter, at the hands ol the " powers that be. 1\ aii.ways in tuk Pai-ai. State*.?Extract of a letter dated Florence, Oct 2 Perhaps you have read in the papers of the revolution at Bologna ana some other of the Populates; the country is u, a very disturbed state. The Cardinal ot Hologna ar rived here a day or two ago, havmg escaped from that town, dressed as a servant. They say that the Porn; and the Cardinals have retired into the i,asti< of St. Angelo at Rome. The priests are feared and hated imong the middling and lower classes ; tney IS! indeed, * very bad set. The Pope is very much against railways, and wont hear of one being con structed in his states Some people took the; mea surements, and surveyed the ground from I ivita Vecctua to Rome secretly ; it came to the t ope s ears, and oeing very much enraged, he ordered tnai any one found with instruments for making, ?vc railways, should be arrested and put in prison. ? <' one day some ot the wise gendarmerie found a poor tinker travelling along with his tools, and pounceu on him as n railway man ; the poor tinker swore he was not, but they said his instruments were too line the others ; at last they determined to take bun to a neighboring convent of monks to be judged. 1 ne monks set him to mend a big cauldron, and finding out his ability before they gave a favorable sen 'ence, made him mend all tne utensils ot the con vent, which were not few.' 1 Famine Brpected In Kii|(laiifl. Hitherto, the cycle of the peason* has befriended Sir Robert Peel. Four good harvest* 1H suocei sior> have filled his exchequer?filled the stomachs of the liegCs?made the nation prosperous?the people contented. Alas! the scene is changed? the evil day has coine u[*>n lurn, aRd has found him unprepared to face it. Famine?gaunt, hor? rible, destroying famine?seeins impending. Fears have seized the public mind. In Ireland matters look appalling?in England gloomy The grana ries of the continent are exhausted. The corn fields of the Vint lla, the Danube, and the Elbe, are barely sufficient for the local wants of the inhabit ants The nation is in commotion ; and the cry ot "Open the i>orts and let in corn, fduty IreeP^ is neard, on all side.*, reverberated from every part of the empire. Tli<- " pressure from without" has made itself heard in Downing street; and faith in the sliding scale?Peel's eliding scale?is gone for ever. A third of the j>otatoe crop in Ireland is destroyed. The Government has sent scien

tific professors to the scene of the mischief, and the awful troth is out that this large portion of the i>eoplte's food?the esculent that Cobbett abhorred?is unfit for use. Whit is to be done in this terrible, this unlooked-for emergency 1 "Open tiie ports!" is the exclamation; and ther* stands the shivering Premier, like a reed in the wind, par alysed between iid'ect ton for his sliding scale and the horrors ef public famine. There he is, balanc ing the pro* ana cont. Hut necessity is superior to consistency, superior even to law. The ports must be opened. O'Connell, who assumes to be the tribune of the Irish people, goea beyond this. He demands a grant ot public money to the extent of a million and a half, to be expended in tie purchase of food?he calls for a tax of fifty per cent on the absentees, and a tax of ten per cent on the resi dents?he asks forfthe prohibition ot corn and pro visions leaving the island?and the prevention of distilleries consuming grain. Large demands these ?will they be conceded 1 A day or two will solve the question; and in the meantime speculation will find a wide margin tor the exercise ot its ingenuity. The sliding scale?that cunning scheme to make lood artificially dear?is in the crisis of its fate.? Swept away now, as it will be, its reimposition, with the views which the public entertain, and which conservative and even agricultural mem bers have tardily adopted, will be found impos sible. It is gone for ever. In future years a small fixed duty may be imposed?the sliding scale never. Every thing proclaims the speedy extinction of the sliding scale?the tone of the government organs, the language of the professed supporters of the ministry, the feeling in the pub lic mind. It has long been seen and fortold that the first season of scarcity would fix its doom. So it has. Peel is a good actor; his " shivering" is probably simulated, not real. Pluced between cross tires, exposed on his (lank and his rear, it is neces sary that*iie should play his part so as not to apjiear to give a triumph to either party. This he has done; this he is doing. Like the "coy maid half willing to be pressed, he may perhaps feel inclined to sing? " How happy could I be with either, Were t'otnor dear charmer away." But it is suspected by those who appear to know him best, that his leanings are towards a liberal commercial, in contradistinction to a monopolist, policy. Latent Commercial Intelligence. f Krom Liverpool Times, Nov. 4.J Provisions?The American ProvPg sents no very striking feature. Ot H'H there is only H limited quantity in the market, anil holders aPP^ or th. jr.?"! IS niaialy attributable to the unhappy state ol matl?*" mTreland where the farmers have been compelled to force their slocks to a sale. There has been some Cheese brought to the hammer at a public sale, but s? a vir,r,'''Ldl,^urcTV' sHIr x&s: i Safe*. unfairly represents the actual price of the article. 1 he ..??nimr ot Lhe ports is a question so important m it self not only as it affects the corn trade, but what is of fur greater consequence, as it affects the genera interest of the coun.'ry, .hat it absorbs every other tonic at the present moment. A morning i?i?r stated a day or two back, that a treasury order had been transmitted to, and received at, t ie <1^ Custom House, admitting grain free ol duty. ih s statement turns out to be incorrect: but it was generally believed?a proof ol the public mind >>eine prepared for such a step on the part of the Government. An evening paper has P?bhshed a statement to the eflect that Wheat and other de ; Jnpnons of Corn, are to be admitted immediately, nt a low figure: Wheat at sixpense per bushel, and the other kinds still lower; but this statement. ! although put forth imposingly, is also considered 1 premature. A Cabinet Council ^as held on tri 1 dav at the house of Sir Robert Peel, as the Pre mier could not leave his home, owing to an at mek of gout in the foot. At this meeting he . Question It ihe opening of the ports was no doubt discussed in all its bearings, and expectation was rrVu vive to know the result^ Another Cabinet Council was held at Sir Kobert reel s ( house the following day, and the result ol thiB, as ?X Seceding meeting, still remains a mystery. People have been anxiously looking to the hnufon Gazette, expecting to see an ofhciarimimation ol the , Government policy, but they have looked in vain.? j The Cabinefis said to be divided on the point at issue but no one presume to think that the wrts will not be opened. It is the only thing about which [wjoo'e talk?"Out of the fullness of the heart the mouth speaketh." The decision of the government mZ siSly be known, because if corn is to come m dityfreelevery dav adds to the dilliculty, as the tune of the year is rapidly apjfroachmg when not <?nlv the Baltic but the St. Lawrence will be closed bv the ice As regards the former, however, owing to the scarcity which prevails amongst our continen Sl neighborsf and the high price which grain com m inds there, much cannot be expected. The great K iVin the United States and Canada. The proof of the scarcity exists in the fact,dmt most 0 continental powers have already opened their^ports tor the self same object, and it is justly said, ny should England be less considerate for its citweM, lhan are the continental rulers for theirs. ine real fact in all probability is, that Peel is unwilling to act until he is armed with the Btrongest posBible reason" for doing so; and in order to put cavil out ol fhe question,lie is said to be waiting lor the re port of the scientific commissioners whom he has sent to Ireland to investigate the potatoe disease. Some say that Parliament will be immediately^sum moned to consider what ought to be done in the Iiresent emergency. A Privy Council must be call ed ere the ports can be opened,and as ^announce ment of such a meeting has yet been made, some lowest nominal duty, must hnve a ('on?'d^raf nltt< j lert on the price ol those commodities in the United States and Canadian markets. As a proof of the diversity of opinion which prevails in the Uabm on the subject of rescinding the < orn Laws, even tor a temporary purpose, we may mention that another meeting was held, at the house of . ir bert Peel, yesterday afternoon. Tuf Corn-Law.?The members ot the Anti-<- orn law League, resident in Manchester and its boriioodf held a snecial genera meeting in the Kree Trade Hall of mat town on the 2*th ult ine whole area of the building was densely and so ureat was the anxiety tell by all ciaeees oi !he peinile to be present at the proceedings, that many ladies and gentlemen who attended w<rre ntterly unable to find sitting necommodailion. Among the more influential gentlemen who occuii ed seats on the platform were 11 Cobden, hsq , M. P ^ ?nght,Es',., M. P., and J. Brother,on, tea., M P. Messrs. tobden and bright addressed the meeting in speeches of considerable length, anil urged upon the audience the importance and nece sitv of using every exertion to upset ? overthrow the present system, ,h'lJ, ,|K. free importation of commodities laboring principal portion of sustenance for the laooring classes. .1 udging from the i>resent aspect of nllniw, and tiie wonderful change which i nrfvo ^ s r'oTXirV. CoWen^nd times eloquent and humorous. Conn ; Market.?The Cotton market, as a re ference to our report? will show, continues in a de pressed state ; there is but htile doing, and if prices arc no? actually lower than at the departure of the last steamer, '.hey may be said to be in favor of the buyer. The Cotton market reflects so faithfully the general feeling of the commercial world, that it may always be regarded, and in (act a, the best index of the national prosperity or otherwise. A variety of circumstances will account tor the depression which prevails: foremost amongst the number is the a|> nrehension of a general panic, "ontingent upon the fearful state of the potatoe crop; the deficiency or badness of the corn crops; and the absurd pitch to which peculation in rails has b?-en carried. Other branches ot business are suffering more or less frort these combined causes, and hs the winter approaches, this feeling of alarm, there is too much reason to apprehend, will rather increase lhan abate. The news which came to hund last week by the Cambria, gave no reason to aporehend that the'new crop will be much, if any, below ihat of last year, and it has had no percep tible influence on the trade. Long staples, it will be seen, is lower than at the sailing ot the last steamer; so are Brazils, so is common Egyptian ; but the inferior kinds of American have i?ot suf fered much depression?albeit the turn of the market is <n favor ot tfie buyers. Since Friday, the 1st inst., (he business has not improved: una dullness reigns supreme. Speculation has disap peared, and in the absence of all activity, the sales daring the intervening three days, onJy amount to about 9000 bags. This stagnant feeling has mnde itself felt at Havre, where, as our corres|H>ndent at that city states, the same kind ot lethargy exists which at present prevails here. Hop Intelligence.?Hopping is now almost uni versally finished. The last report from Maidstone i-tates that the crop is short, but the quality much better than was previously anticipated. The ac counts from Yalding district say that the growth has not been known to fall so fa* short for many pre vious years, or the planters so much disappointed as to grape and golding From Canterbury we are in formed that a jierson, who takes an interest in this subject, has made the following computation of the duty that will be raised from each district:?Ro chester, ?50,000; Susstt.t, ?60.000; Faversham. ?15,000; Canterbury, ?30,000; Worcester, ?11,000 Kingdom, ?2,000; total ?158,000. From the ac counts which have reached us since our last publi cation, we feel disposed to restate our opinion, that the deficiency in ifiis year's quantity and quality of Hope will cause prices to rise and doubt very much whether the duty will reach even ?120,000 ? Wit mer't Times, Nov. A. Increase in the Imports op Sugar ?It is highly interesting and satisfactory to learn that the imports of sugar into Great Britajn up to this time exceed those of 1844 by 24,000 tons, of which 10,700 are from the West Indies, 7000 from the Mauritius 4a00 from the East Indies, and 2000 Foreign pro duced by free labour. The increase in consump tion for the same |>eriod of eight months has been 24,100 tons. Railway Traffic.?For the last three months of the present half year ?2,413,062 has been received for the conveyance of goods and passengers on the various railways now opened in England,the length of which is estimated at abcut 1180 miles. Miscellaneous.?The West India markets, nevertheless, appear to be in a tolerably heathy state; so far, the shock which public confidence has experienced can barely be said to have affected them. The consumption of sugar and coffee enters so largely into the expendi ture of the working man, and indeed may be said to be the props of his existence, that [as long as he is employed they must be consumed, and cannot fail to command good prices. Now, whatever other peculiarities belong to the existing state of things the laboring classes are well employed, and pur chase largely of the articles we have named. West India sugar is, therefore, in good request; the stock on hand is decreasing, and prices have rather an up ward tendency. The Share market is inactive, and the funds are ( at, caused bv the rumors relative to the opening of the ports The Discount market shows symptoms of " tightness," and in taking bills the discount houses show more than their usual^caution. Nothing of much importance has occurred in the Foreign market. ? 6 The return published by the Bank of England for the week ending the 25th of October, gives the amount of notes actually in circulation, as ?22,026, 115, being a decrease, as compared with the previ ous week, of ?227,330. Thenublic deposits show i a decrease of ?164.757, and the private deposits a I decrease of ?905,470. Against these the Bank has [ diminished the securities he|<f by ?1,118,414,and the notes in reserve by ?135,985. The amount of bullion has again sufiered a de cline of ?18M,022, the present aggregate amount in both branches being ?14,001,263. Trade in the manufacturing districts shows in its comparative prostration, the effect of the various causes at which we have hinted in our publication to-day. Nearly all descriptions of produce have re ceived a check, but there is nothing so gloomy ahead, that a speedy and healthy reaction may not take place. The iron trade continues brisk, and masters and men are well employed. In the price of pig iron ? slight decline has taken place; it is now quoted at 1-4 15s in < Masgow. Our market returns will show nevertheless, that the existing rates are still high and remunerative. Theatricals. Mr. Macready continues his round of tragic cha racters with great success at the Princess's Thea tre. North Walsham Theatre, which eighteen years ;igo cost ?1800, has lately been sold for ?4<>0 ; it is to be converted into a school. ? Iheatricals in Manchester appear to progress, iaglioni has been playing this week at the new louse. Special trains to the neighboring towns Isave at the close of the performance, shortly before midnight. ?< Adeh>hi, a Terpsichorean burletta, entitled J aming a Tartar," was produced with complete success. Madame Celeste, Miss Weolgar, Wright, I aul Bedford, and Munyard, occupy prominent po sitions in this extravaganza. According to the papers, Mr. H. Spicer, the au tnor or ? Honesty," has taken the management of Covent Garden Theatre. The fact is, that negotia tions have been some time pending between him and the proprietors, but nothing is, as yet, defini tively settled. Mr. Webster, of the Haymarket, has entered into an engagement with Miss Ellen Faucit and Mr. An derson, for a series of performances, the first of which took place on Monday night. Neither of these clever artists has been in London for some time?the lady having for the most part been repo s,nK protes-ional toil?the gentleman pursuing u profitable round of business in America. Mrs. Butler, the wife of the tragedian, who lately died in Manchester, under peculiarly sudden and atllicting circumstances, has announced a work, the Life and Dramatic Tunes" of her husband. A new farce has been produced at the Princess's Theatre, called " Jack Both Sides." A new piece called " Who's the Composer," was produced at the Haymarket with success. The scene is placed in Italy, and the intrigue is ingeni ous and lucid. Jonson's " Iiverv Man in his Humor" was to be played again on tne 15th, at Miss Kelly's Theatre, Dean street, Soho, London, by Dickens, Jerrold, John Foster, Mark Lemon, Dudley Costello, Leech, rrank Stone, and others of kindred repute. Prince Albert is to be present. There have been four Ophelias tried at the Man- I Chester Theatre Royal, nonu of whom have given satisfaction to the critics but Miss Emmeline Mon tague, whose personation is said by the Manchester Guardian lo be the most jierfect on the stage. Petit Stephan and Silvain are dancing at the new Manchester 1 heatre. Mr , Mrs , and Miss Malone Raymond, and the German Dwarfs have been playing at Blackburn. On the 1st, Mr. Coxhead, well known to the thea trical world, and who, it is said, has lost ?15,000 in theatrical speculations, went into a hair dresser's shop in Kennington. London, where, after he was shaved, he inflicted a dreadful gash ucross his throat. Surgical assistance was instantly provided, and as soon as the necessary remedies were applied the unfortunate gentleman was conveyed in a cab to his residence in a very hopeless state. Ireland. I hs accounts front the sister Island for some days past, as regards the potato crop,are of a very serious and alarming character. The failure is dreadful in the exireme, and the prosi<ects before the great majority of the lower classes truly horrifying. The authorities at Dublin Castle seem to have directed their attention lo the matter. Commissioners have been employed to visit the different provinces, und to report to his Kxcellency the result of their ex amination. ITp to the present time these reports are of the moKi discouraging character. Wuh a people so steeped in poverty as the Irish are, and discontented with "the powers that be," it is fright ful to contemplate the consequence of scarcity. The numerous railways likely to be in progrees of forma tion next summer, and during.the course of the pre sent winter, will, no doubt, materially assist to alle viate much of the suffering that would otherwise ensue. The agitation for Repeal ih still earned on. Since the sailing of the last American steamer, a number ?t monster meetings and repeal banquets have taken place ; at all of which the Liberator ligured as com mander-in-chief, and long and eloquent orations made on behalf of the darling object of these politi cal agitators. A grand banquet has been given to Mr. Smith O'Brien, a! Rathkale. Mr O'Connell was present as a guest, and warmly eulogised the member for Limerick in first-rate style. W? ob serve that the annual tribute to Mr. O'Conuell will be collected, according to custom, early in the pre sent month The customary notices have been pub lished, and the starving |>easantry of Ireland exhor ted to fill the pockets of him who pro/esaed to be the regenerator of his country. It strUes us that he has a most glorious opportunity of exemplifying his philanthopy and benevolence by distributing the proceeds of this year's tribute among the poor pea santry who have hitherto manfully supported all his pr<vectB. The Orange party have issued an address to the Protestant* ot the British Empire, in which they complain ef Government tor |>ermanently endowing Maynooth, maintaining the present national system of education, and not advancing money to enable the clergy of the Established Church to support their own schools. These lorm the chief griev ances: There are other minor ones?some of them anticipated orexpected. The address, which bears the signature of the Earl of Roden, after recom mending the discontinuance of secret signs, which system, it says, " modern sedition has polluted, and the law has denounced," con cludes by calling upon the Protestant party to exert every energy to secure to their ^utmost a faithful representation of their principles in Par liament. ft should be observed that the address has been drawn up in a very moderate tone ; the journals pro and con agree in commending it for this particular feature; but, as a matter of course, the principles and views ot Lord Roden and his party are very strongly censured by those who take a dif ferent view of the matter. Foremost in defence of the address is the Dublin Evening Mail; whilst the London Morning Chronicle, Herald, Standard, and other minor prints, all write with the view of show ing the impolicy of the address, the unreasonable ness ot the demands which it contains, and the total absence of any foundation for the alleged com plaints. The meetings at Conciliation Hall are stiD carried on, and seeches delivered in advocacy ot re^>eal; whilst the various steps taken by the ministry in conducting the affairs of the government are severe ly criticised, and generally condemned. The amount of rent has not been eo large forfthe last two weeks. At the meeting held on the 27th ult.. the Liberator, having returned from his provincial ex cursions, was present, and made the 8|>eech of the day, in which he abused John Knox, Wicklifie. Cromwell, t^ueen Elizabeth, and Bacon?ridiculed the idea of erecting statues to them, or any of them; and insisted on the necessity of the return of repeal members, and the consequent inevitability of re l?eal. The rent for the week was ?248 15s lid. The Dublin Corporation held a meeting on the 29th ult. for considering the best means of avoiding the danger impending the extensive failure of the potato crop. Air. O'Connell attended; who, after a long speech, moved that a deputation should wait upon His Excellency the Lord Lieutenant, and call on his lordship and the Government to stop the dis tilleries and breweries?prevent the exportation of provisions to^foreign countries?to raise a million and a half on the credit of the IriBh Woods and Forests?and to take immediately into their con sideration the levying of a very large income tax for the present year, if necessary. The motion was put and carried. The Dublin papers state that the custom house au thorities in that city, have been directed to make arrangements for the admission of corn, duty free, on and after the 1st of November. The rej>ealer8 are boasting of a new adherent to rejieal, in the person of the eldest son of the Earl Viscount Gort, the Hon. Henry Pendergast Vere ker. The "Times Commissioner" continues his re ports from the west of Ireland. He paints, in forci ble colors, the wretchedness of the people, their want of industry, and their unwillingness to expend the least money on the improvement of tlie land, how ever much it may repay the outlay. Mr. O'Connell still makes him the obiect of bitter attacks. The Potato, the Famine, and the Reht.?A correspondent of the Dublin Mail, calculating that one-third of the potato crop has been destroyed? ihat six millions of the Irish population are depend ent for their existence on this esculent?that the smallest average quantity of oatmeal, cheap est food, that can be allowed to sustain liuman life for a (lay, is one pound avoirdupois?comes to the legitimate conclusion that, supposing oatmeal now selling from I6s to 17s ttd per cwt. should,during the dearth, rise no higher than 20s, it would take no less a sum than ?17,iM0 a day, or ?3,255,000 for the half year, to sustain the lives of two millions (one third ofthe six millions) ot the Irish people.? As our contemporary well observes, this is a fright ful estimate, and the great agitator has lurned the matter in his capacious mind, and has just issued his appeal tor?what does the readerlhink ??why, for nothing less than the annual O'Connell tribute ? This would be incredible if told in a romance, but simple truth beats the most elaborate fiction. The " faithful" are to contribute on Sunday, Nov. 16th. France. Our advices from Paris ar? to the 1st inst. The announcement of the resignation of the brave old veteran Soult appears to be based on truth. At his idvanced age, repose and re tirement would well befit him, so that the old soldier, like the Roman in the capitol, should be enabled to adjust his mantle before the closing J scene of his eventful career. It is now said that i although he will resign the post of Minister of War j he will still nominally retain the Presidency of the Council. The French telegraph has been busily engaged in transmitting to Paris the state of the war in Algeria. The French forces had left Oran with 5,000 men in quest of Abd-el Kader; whether they will take, or overtake him, is another question. He is said to treat his French iprisoners well and handsomely?and, in doing so, he sets an example, which it would hay# been to the credit of the French ! arms, had they imitated towards his eountrymen. Algiers has occupied no mean portion of the space ! of your Parisian contemporaries duringthe last fort night. But the news may be summed up in a few lines for the foreign reader. After the defeat of the French detachment, related in my last, General La moriciere, the commander-in-chief in the absence of , Marshal Bugeaud, set out to effect a junction with the column of General Cavarnac. After long march ing, an union ot the two divisions took place on the 12tn, on the right bank of the river Tapia. On the 12th, 13th, 14tnand 15th, General Lamorici6re made repeated attacks on the Arabs, commanded by Abd el-Kader. and eventually succeeded in putting them to flight. The French accounts represent that Abd el-Kader was a spectator of all these combats ; and that, on finding that the French gained the advan tage, he ignominiously retreated,amids the veils and execrations of his followers ; but such conduct is so different to the acknowledged heroism of Abd-el Kader, and he is so venerated, idolized, and adored by his countrymen, not only as a warrior, but as a saint, that I tnink we may be warranted in receiving the statement with great distrust. Be this, liowever, as it may, it is certain that the French were victori ous. After the fLght or retreat of Abd-el-Kader, they succeeded in hemming in several hundreds of I old men, women and children. The soldiers would ' have avenged their slaughtered countrymen ui>on i them, had not the General commanded that tney | should be spared. Besides the affair of General La moriciere, there have been numerous others which it would be wearying to recapitulaie; in one, how ever, the French Colonel, at the head of 250 caval i ry, attacked 1200 Arab horsemen, and sent them scampering away in a terrible fright at such daring 1 audacity. At the last arrivals, General l<amoricitre (he is a young man, though entrusted with so impor tant a command) was marching towards the fron ! t era of Morocco, determined to catch Abd-el-Kader I at all hazards. But there is, it appears, some rea son to believ that, so far from having retreated into Morocco. Ahd-el-Kader has advanced into the very heart of the French possessions, inciting the people to revolt. At all evsnts, it is certain that the greate r part of the provinces are in a flagrant insurrection, even those in which it was believed the French power was firmly established. According to one of the newspapers, Abd-el-Kader has resolved U|*>n a new system of tactics?that of persuading the people to quit every part of the country in which the French are, leaving them the barren country, but without a soul to reign over. Abd-el-Kader has, at present, several French prisoners, but he treats them exceedingly well, and even forwards their let ters to the French lines. Between Tlemeen and Prau a detachment of 200 Frenchmen were assailed by the Arabs, and in answer to a summons, laid down tlieir arms. Marshal Bugeaud arrived in Al giers on the 15th, and was well receive.l by the po pulace. lie has delivered an harrangue and issued proclamations, in which his tone is very much sub dued as compared with the haughty indignation at the " faults" of the government, expressed in his letter to his friend the Prefect. He proposes t?(

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