The New York Herald Newspaper, June 3, 1846, Page 1

" THE NEW YORK HERALD. Vol. XH, No. 153—Whole No. 4376, ~~ NEW YORK, W EDNESDAY MOR HIGHLY IMPORTANT | NEWS FROM EUROPE. ARRIVAL OF THE STEAMSHIP HIBERNIA AT BOSTON. TEN DAYS LATER, The Probable Settlement of the Ore- | 2% gon Question. MEXICAN AFFAIRS IN ENGLAND. STATE OF THE MONEY MARKET. Third Reading of the Corn Bill in the House of Commons. THE REVOLUTION IN SPAIN. THE COTTON MARKET. ey KC, ‘The steam ship Hibernia, Capt. Ryrie, made very short passage, and arrived at Boston on Monday noon. She left Liverpool on the 19th ult. ‘The intelligence received by her is of considera- ble importance. There appears to be an evident desire.on the part of Great Britain to settle the Oregon question in the most amicable manner. The tone of the notice resolutions, as they passed the Senate,.are deemed of a very favorable cha- racter. The question was incidently brought before the House of Commons, on the 15th ult., and both Sir Robert Peel and Lord John Russell, referred to in a very conciliatory manner. It is supposed that positive instructions have to settle the matter at once, and negotiations will therefore, probably be immediately renewed in come ontin the Hibernia, to Mr. Pakenham, Washington. Tho London Timesof the Mth ult. says:— “The pecket which sails from Liverpool in a few days will convey to the United States The arrival of provisions in the American ves- sels continues to be much noticed, and occasions | complimentary paragraphs ia the London daily | papers. | Itis rumored in circlas likely to be informed ; on the subject, that, if Sir Robert Peel’s measures | are carried through both Houses of Parliament, | and similar paboy pursued, the excise department | will very probably be broken up in toto. ‘ Her Masestry’s Accovucument.—The near | proach of an interesting event, to which the public jook forward with intense interest, may perhaps | beinferred from the fact that the messengers of | the Home Office have received directions to be in | attendance, night and day, on and alter a . | day, so that the fact of the Queen’s indis| jon y be communicated without loss of'time to the ‘abinet Ministers. The United Associate Synod of Scotland recent- | ly passed resolutions condemnatory of slavery, and lamenting and condemning the conduct o the Free Church in accepting money from the slave States of America. These resolutions involve a cong emnatn of Drs. Chalmers, Cunningham, and other diyines of the Free Church. The Synod, which passed these resolutions, consisted of 400 ministers. The Hon. Dabney S. Carr, United States Min- ister to Constantinople, arrived in the Mersey on the 2d instant, in the Gincinnati, from Baltimore. The Urogon Question in Parliame: _. [From Wilmer’s Timos, May 19}. ; Incidentally, the state of our relations with America was brought under the notice of the .| House of Commons on the evening of Friday, the 16th ult. Lord John Russell made a pointed allusion to the subject, and, in doing so, delivered himself in the following graceful and happy terms :— Looking at one of the greatest nations of the globe, T am happy to find there are 5 Sal arom of returning feel- ings of amity and good will. When I read the hes of ‘ebster, Calhoun, and others, I forget all the idle menace wafted from the other side of the Atlantic. I trust her Ma- jesty’s Government will le to fix finally the limits which divide the dominions of her majesty from those of the United States ; and I trust the convention or treaty which shall settle that boundary will be but the prelude of a more intimate connection between ug and that vast commonwealth of a free people; that we shall carry on together our manufactures and our agricul- ture, vieing with cach other, if you will, to make our pro- ductions more and more perfect, striving, in the neutral markets of the world, for pre-eminenc iving, also, in our respective branches of production, that we may clothe them and they may feed us, but hoping that there never shall be occasion to cross the bayonets of Britain and America ou any Bloody field whatever. (Loud cheers.) Sir, with this wish that such may be the pre- lude of this bill, to which I trust the other House of Par- liament, should it pass by a great majority here, will give their assent, I shall give my hearty support to the motion for the third reading. (Great cheering.) Towards the close of his speech on the corn question, the same evening, Sir Robert Peel, de- termined it | depreciation will be immediate admits o NING, JUNE 3, 1846. parse of free wheat has been mainly caused by this be- jief; farmers and merchants having pressed sales at a period when, from the unwillingness of millers and others to add to their stocks, the demand been unu- sually restricted. Under these circumstances, we think it may not be amiss to examine carefully i n of affairs, with a view of checking usele: . ‘That on the average of years the value of wheat will be greatly depreciated inthiscountry by the contemplated reduction in the duties, we feel satisfied; but whether this f reasonable doubt. | In the first place, it.is an undisputed fact that all partes have, in anticipation of the liberation of the wheat in bond in the kingdom, allowed their stocks to be reduced to an extremely low ebb; and to put the ralllarpioto the posi tion they usually occupy as holders of wheat would t a far greater quantity than that now under the Queen’s locks. When, therefore, the uncertainty which has so Jong interrupted the regular course of trade shall have ry extensive demand is likely to experienced, an million and a half quarters now in bend, when once released, ikely to be very speedily to be considered Ap pro- distributed. The next po! bable extent of the supplios from those countries which usually send their surplus growth to Great Britain.— From the Baltic the shipments have hitherto been com- paratively insignificant, and thore cannot, therefore, be any great quantity on Passage. At Danzig, tho most im- pertant port ‘a fair but not a large stock of old wheat is eld, and, owing to the indifferent rosult of the last har- vest in Poland and part of Prussia, the astpiliss from tho intorior are expected to be much smaller than in ordinary soasons ; the total exports from thence will, therefore, in probability, be only to a moderate extent, ‘At the Lower jaltic ports the quantity of old wheat remaining is trifling; but the last harvest having y: better in those looali- ties from whence Rostock, Wismar, Stettin, aud tho neighboring ports, draw supplies, the exports from those places are likely to he pray, extonsive. Still no over- whelming arrivals need be feared from tho northeastern parts of Europe. Respecting the probable extent of the Mediterranean supplies we are not ina position to give so decided an ;, but, pidging from the constant demand from the interior of France experienced at Mar- seill we think the shipments from Italy, &c., are. moro H to be directed to that quarter than to Great uniess the English markets should hereafter Britain, hold out much strongor inducements to consigners than at present. The quarter from whence’ the greatest quantity of bread-stuff may be calculated on is, therefore, in our opinion, America ; but, making every allowance for an extra supply of Flour from'the States and Canada, we doubt whether the ex- tent of tho importations will be so great seriously to influence quotations here, should anything occur to give rise to apprehensions respecting our own crop. We are, consequently, inclined to think that the weather will, after all, have much more to do with the range of prices of wheat for the next two or three months than the commercial policy of the government, the effects of the latter having already, in our opinion, been in a great measure anticipated. Up to the present period the season has been tolerably favorable ; but the appearance of the rowing wheat plant is certainly not of so ery promis ing a character as to afford just grounds to calculate on a year of extraordinary abundance. We, therefore, arrive at the conclusion that the retrograde movement which has lately taken place, has been nearly, if not quite, as grates has been warranted by circumstances, As et jowever, there is no appearance of a check to the fall. At Liverpool, on Tuesday, the Mark Lane accounts of the previous day produced quite a sensation, so great a reduction as that which hed taken place in the London market not having been calculated on. Sellers endeavor- pi od Je deaidediy: dalls ind, snoonling fp the most recent rs such qualities as ual: shipped trom Marseilles, Leghorn, Venice. and ‘Trieste, | yiz., Polish Odessa, Marianopoli, &c., could then be | | bought at prices rendering the cost on board from 35s. to | j 383. per quarter. } | The Oregon ae Mexican Questions in a \. 9) Madr the London Times, May 15.) bs The slight difference between the two branches of | Congress, as to the form of expression to be employed | | in authorizing the President of the United States to°give | notice for the termination of the Oregon convention, has | terminated as we had anticipated. ‘The point was one of no real interest or importance. We are less concerned with the form in which the Congress may address the President, than with that in which the President may ad- dress the British government ; and whethor the resolu- tion was courteous or peremptory, it could afford us no just cause of confidence or of complaint. extent, indoed, these resolutions aoa @ upon tl ident the duty and necessity of negotiation and compro- mise, and s0 far they afford him a sufficient pretext for departing from the intractable views he has himself ex- | pressed on former occasions But the nature of the ne- gotiation and the terms of the compromise rest wholly with the executive governments of the two States ; and the opinions which have hitherto been expressed in Con gress can have only an indirect influence on the settle- ment of the question We may now anticipate that the next mails from Abe! ba will bring the notice itself from the President, for official intelligence of his having signed the resolution was received at the last moment of our correspondent’s despatch of the 30th of April. The suggestion of some of the American journals, that since the President had got the power of giving the no- tice, he w keep it in his own hands for electioneer- ing purposes, is too wild to be credited. A question in- volving the chances of peace and war, and the highest considerations of national honor and territorial right » is not thus to be trifled with. It has been trifled with too ham agitations may because they con- oe s, they are duce to certain well-known party intolerable when they, are directed against the foreign relations of the Union. We are told by a New York print that “Mr, Polk, with the peculiar influ. | ences surrounding him, can now spring the Oregon question upon the country whenever he chooses, and us secure the decided chance of a re-election.”. Whe- ther the prediction be true or false is comparatively of little moment. In either case it is evidently supposed that the conductof the Cabinet of Washington on this great question will, toacertain extent, be governed by the paltry intrigues which are already preparing for the next presidential election. We are persuaded that the choice of a arose lot, from the Senate of the Uni- ted States, would be inlinitely less pernicious to the pub- lic interests, and would insure the services of men at least equal to Mr. Tyler or Mr. Polk. But the main question upon which the affairs of the Union may at thismoment be said to turn, is not the re- election of Mr. Polk, or even the Oregon notice, but the relations of the United States and Mexico. We have long foreseen that before the storm which seemed to be & ring in the horizon over the coast of Oregon could jurst, the peace of the North American continent might be interrupted by the effects of the annexation of Toxas, and the continual outrages offered by the Cabinet of Washington to the Mexican goverument. ‘I'hese antici- pations have probably been already fulfilled. There is every appearance that the claim of General Taylor to extend the frontier of Texas to the Rio Grande, without | deal with an advertery 80 18 and temperate, that even y ol To a certain | res | the real impression produced here by the late intelligence. If the resolution was in- tended as a threat or a hostile measure, it has totally failed to have any effect whatever, ex- cept that itis probable Mr. Pakenham will be at once empowered to bring the controversy toa prompt and final issue.” The same paper of the 15th ult., says:—Two sergeants, 2 corporals, 2 bombardiers, and 20 gun- ners and drivers of the Royal Artillery volunteers, were selected yesterday afternoon and medically inspected at the Ordinance Hospital, at Woolwich, for special service on the borders of the Oregon territory; and will proceed about the latter end of the present month or beginning of June for their destination, under the command of Gaptain Black- ‘wood, proitoted last month from the Royal Horse Artillery. The Terrible, war steamer, is expected to take them to America with a supply of guns ‘and stores? 3,000 excavators are also to proceed from various parts in this country, and assemble ata certain place on the Hudson Bay Company’s territory. ‘The third reading of the Corn Bill has at length passed the House ef Commons by the largest ma- jority which it has yet commanded—98. There was very little doing in grain. The arri- vals of flour fromthe United States continued large. The trade in provisions was not very brisk. ‘The Money market has improved in tone, and the news which came to hand last week from the United States, relarive to the action of Congress on the Oregon question, was almost impercepti- ble in its effects on the Funds. The returns of the Bank of England show an increase in circulation. The private deposits were on the decrease—so were the ‘securities; but the bullion continued steadily to increase. ‘The timber trade continued depressed. ‘The price of cotton had not varied from the pre- vious advices, though the demand had somewhat abated, and on the 18th the market closed heavily. The commercial accounts from the continent are encouraging. The great Leipsic fair pass- ed off well, and considerable quantities of English goods, which were sent on sale, found purchasers. German woollens were spoken of as. having been flat at the fair. An impudent proposition of the Mexican Gov- ernment crented a stormy time among the bond- holders. Paredes’s agent demanded a new loan of two millions, and proposed to consolidate the old debt at a discount of 60 per cent. The Liverpool Times mentions that reports are in circulation of the intended resignation of Sir Robert Peel. A large failure in the East India and the Levant trade—the house of Messrs Beattie & Co., whose liabilities exceed a quarter of a million sterling— excited some little stir in London last week. Messrs. Roebuck and D’Israeli had a very pret- ty quarrel in the House of Commons on the even- ing of the 9th May. The latter charged the for- mer with “ prepared impromptus,” the former retorted upon the latter the charge of studied in- ‘vective. Lord George Bentick, and the new Secretary for Ireland, also had a tilt on the same evening. Smith O’Brien was still in prison, where he had been about three weeks: The Daily News, established by Dickens, has been tried and failed. Dickens, sickened with the News, is winging his flight to Constantinople, from whence the sheets of his new work are to be sent. Itisnow in new hands, and, as the origi- nel projeciors failed to make it pay at the cus- tomary price of the daily press, the new ones propose, like the Jew’s razors in the epigram, to make it sell at any price. From and after the first of June, it is to be curtailed of halfits present pro- portions and half its price. ne The Chancellor of the Exchequer has inti- mated that the new arrangement for sailing a steamer to America weekly, would be carried into effect as soon as possible. ; The London Economist states, on what it consi- ders high and unquestionable authority, that the Oregon question is on the point of n satisfactory * settlement. 1t is calculated that 80,000 persons will have em- igrated from Ireland in the present year to the United States, The fine packet ship Liverpool, Captain El- dridge, hence at Liverpool in sixteen days pas” In the London Times an American company advertise jor sale saddles of American forest veni- son, wild geere from the American lakes, and wild turkeys from the American forests, just 1¢- ceived, in he finest order 7 oe ‘rench Government pro s r the. apg orders sins Throngh the Post five to two per cent. oh aes has been received at Constantinople from Tillis, stating that the Circassian Mell Schamy), at the head of 40,000 men, had attache the Russian troops, and driven them back with t slaughter from the position which they Gvcupied on the Ceucassian frontier. leader of the ls The noble lord (. a fortunate close. Sir, which we have pursued, against some obloquy, some misconstruction, some insinuations, that we were aban- not to be outdone in politeness by the . Russell) says he bopes that the dis- cussions which have threatened the maintenance of ami- cable relations with the United States will be brought to any convention or agreement with Mexico as to. the boundaries of the new State, would be resisted by the Mexican forces. The final withdrawal of Mr. Slidell from the territory of the republic would be taken as a roof that the frontiers of Texas were to be s y force ; and we have great reason to believe that this sus pension of intercourse will be followed by measur. ed to facilitate business by submitting to a reduction of 6d to 9d per 701bs ; but even at that abatement they found it difficult to effect sales, buyers preferring to wait the isaue of the corn law debate before adding to their stocks. The purchases made wore, therefore, ouly to supply i and were, consequently, trifling in ex- tent. On Friday there was rather less anxiety to press ition, spoke as follows :— , {think I can appeal to the course ning i sales, but the currency of the preceding market cay | of violence on the part of the American gov erie tepucionea’ oe thts: Government, chet appeal | Could not be excooded for even the finest qualities ment, both on the frontier of Texas and on the coas been our earnest desire, by every effort consistently From the le: towns in Yorkshire the reports are | of the Pacific. It is possivle that Mr.. Polk may with the national honor, to’ mai friendly relations | ¢xtremely dull ; but the decline in the value of wheat | think it safer and more opportune to gratify the passions with every country on the face of theglobe. This prin- nof.been quite so important in that quarter as in the | he has raised, by a bold stroke against another of the Tiplo so long as we are intrusted witk the management | Metropolitan market. At Leeds, on Tuesday, factors re- | most #mportant provinces of Mexico, than by rushing F fused to accede to a greater fall than 4s per quarter, and | into a hostile collision with England’; and if any inci of public affairs, will continue to influence us in respect to the settlement of our unfortunate differences with the vai Geos (Cheer the Senate, short time only can a misunderstanding between England and Ame- rica will be removed. The Debate in Lord G. Bertincx, in moving “for copies of the speech of Earl Cathcart, the Governor-General to the Legislative Assembly of those despatches which he had addressed to Mr. Gladstone, the Colonial Secretary, remonstrating against certain pre- sumed changes in the im; ‘ition from the same high of any sed to n in connexion with the resolution of gives us every reason to believe that we are at the end of our differences, and that a the millers declining to pay the rates demanied, the ope- | dent should lead to a declaration of war against Me: rations were on a restricted scale. This was the | the seiaure of Port St. Francis and of Upper California, case at Hull, many of the farmers attending that market | would be considered all over the Union as a sufficient pre- | preferring to take their samples home again rather than | text for adjourning the discussion of the Oregon Conven- accept the terms offered. tion. The general impression produced in New York by At Bristol, Birminghi and other western and north- | the last intelligence from the South was that war had western markets, particularly at those held towards the | commenced; and the excitement which followed was close of the weok, sellers displayod rather more firm | aggravated by the opinion that the European powers ness than at the places first named ; but to induce mil | would interfere to support an independent government lers to buy, 3s. to 4 per quarter less had to be taken. in Mexico under a monarchical constitution — It is need- By our advices from Scotland, it appears the dull re: | less to revert to the observations we have made on more portsfrom the south had had their usual influence ; and | than one occasion on this subject, unless it be to repeat and though factors had shown a dispesition to promote | the assurance, that if ever a monarchy is re-established business by accepting materially reduced rates, very | in Mexico, it must be by the will of the people of the little had been done. At Edinburgh, on Wenesday, | Country, not by foreign interference. But the attention wheat was quoted 3s. to 4. per quarter lower than on that | this scheme has attracted in America has proved a pow- day se’nnight, and at Glasgow the decline was nearly as | erful diversion from the Oregon controversy ; and, if at. we are not mistaken, Mr. Polk will fiad that, before’ he From Ireland we learn, that notwithstanding the re- rsues that subject, all his resources will be required rted distress, the supplies of wheat and oats had more the defence of Texas and the projected attack on than kept pace’ with the demand; and thata full in the | Mexico. We cannot venture a conjecture as to the fate rs) \ elapse before the possibility of Parliament on Canada. of the Canadas, rovinces—of the rial commercial _policy—and uobec Board of Trade addres- functionary, on the subject of ap- the Imperial tariff affecting the ” observed that he considered it important that the attention of the house should be | value of both articles had taken place at the principal | of Mexico itself a. such a crisis, but the most accredited called to these documents, before it finally decided on | markets. opinion seems to be, that if Paredes is unable to sustain the fate of the Corn Bill. He believed that the facts con- The arrivals of wheat coastwise into London have not | himself, Santa Anna will be recalled, and invested with nected with these documents were shortly these. Early | beenparticnlarly large; as compared with the receipts | dictatorial powers. } in March last Mr. Gladstone had addressed a letter to Earl | of the preceding week, they show a considerable de- We abstain from offering an 0} as to the course Cathcart upon the measures recently proposed to Parlie- | crease; still the quantity brought forward has, in the | which it may be incumbent on this country to pursue in ment by Her Majesty’s Government. It appeared from | present dull state of the demand, proved fully adequate | the event of hostilities betwee: ico and the United that letter that Earl Cathcart had previously addressed a letter ots remenstrance pagent A stone. tii upon the same inciples, Parl had, in his per ahaa the Legislative Assembly, observed that the last intelligence from th cated parce weg changes were about to be made in policy of on the Imperial Government the necessity of reserving the existing relations between the Cana- 9 and the mether country unimpaired—and that had recommended fhe Canadians, until they re- the commercial he ceived further ticipate that the mother coantry. were other indications felt in the Canadas in consequence of the recent adhe- rence of Her Majesty's Minister to the doctrines of free formation from Great Britain, to an- eir claims to a just measure of Bae tection would not be overlooked. Earl Cathcart had since assured them that in every measure calculated to secure to them that just protection, they should have his hearty cooperation. Surely it was a matter of serious conside- ration for that house, when they found the Governor Ge- neral of the Canadas hei their Legislative Assembly that he would co-operate witl until the facts are before us. Zhis much, however, , that in proportion as the reatless policy of the American Government begins to bear its proper fruits, we are justly entitled to insist upon an immediate and equit- able adjustment of that question which directly regards ourselves. Very likely they may be less eager to follow up this affair in its present state, than they were to trampet their notice te the world. But it is ovr turn and | our duty to be eager and resolute. The difficulties | which surround the Cabinet of Washington are self sought andself-created. The people may have to bear the punishment of the people’s folly; and the govern ment which yielded to its delusions will ill provide for its defence. “But since they have provoked these discus- tions, and will, perhaps, ere long have committed them. selves by acts ol a more jed character, the time is come when we, too, must be resolved to lose no time in obtaining for the British interests in Oregon, the protec- tion ofa definitive treaty with the United States. We shall, therefore, hail with satisfaction the arrival of the notice, ifitbe transmitted at once; and the appropri answer to it will be contained in the instructions whi will authorise Mr. Pakenham to make the final proposals of the British government for the partition of the Oregon to the inquiry. On Wednesda: the display of samples consisted principally of parcel left over from previous Factors seemed less fer to pa ales than mmencement of the week, notonly was no further abatement submitted to, but some difficulty was experienced in buying at Monday’s currency. ‘This was also the ; indeed ‘the firmness of holders Feased by the somewhat cold, wet in the interval, been experienced.— at icy to Mr. Glad- pias heart mother country indi- Great Britain—that he had weather wehbk ha ‘The indifferent condition in which a large ae hoe of the home-grown wheat continues to come to hand, ren- ders a mixture of old foreign necessary; and, as there is scarcely any of the latter remaining in granary on which the duty has been paid, buyers have been compelled to take small parcels of bonded to supply their immediate wants. A moderate vent for lock wheat has thus been afforded, but there has been no speculative inquiry for thearticle. The cost of freeing wheat has been materi- ally lessened by the fall which has lately taken place in bonded certificates. Sales of these documents were, on Monday, made at 9s. per qr.; the demand subsequently became more active, and most of those remaining on ‘Wednesday were held at 9. 6d., whilst on Friday the ee had rallied to 10s. per qr. The late abatement in th them against the policy of Besides this declaration, there of the dissatisfaction which was trade. A meeting had been held at Toronto a few days | the value heat has not yet begun to influegce the | territory. before the meeting of the Legislative Assembly, in which } averages, indeed the last weekly return for the dom From the London Times, May 14] there was a distinct intimation given, that the adoption | was h than the average for the preceding week;| ‘Tho ference which has arisen between the Se- of our new commercial policy might drive the Canadas into annexation with the United States. Similar language had also been employed by the Attorney General of the ovinee, and this language he quoted at considerable length, It therefore be whether it would adop' us altogether of those ed several extracts from (the New York Herald and, ‘gregate having risen to 56s. perqr., the duty has fallen'to 16s, per qr.” An Wheat lias receded from 5s, to 7s. per qr. in all parts of the country since the b ginning of May, a rather important reduction in the a es must occur ere long ; and it is not impossible that before the time the new sale of duties could come into operation, should Sir Robert Peel succeed in passing his bill, the ave: may have fallen to such an extent as to disappoint importers of foreign nate of the United States and the House of Repre- sentatives, as to the form of the resolutions authorizing the President to give the notice for the termination of the Oregon convention of 1827, is so minute that nothing but the most captious spirit could have suggested a division upon so slender a point. It is utterly unimportant to th interests and the dignity of this country whether President be “ authorized, at his discretion,” or * author- ized and requested” to give the notice ; and we are per- came the house gravely to reflect, t measures which would deprive valuable provinces. He then quot- rs published in New York. 1} for the purpose of showing that a similar impression as to the results of our new policy | wheat. The = ed plan is, it will be recollected, a | fectly content that the “attention of both government had been created in the minds of the thinking people of | sliding scale on the same principle as that now in force, | should be the more earnestly directed to the importance the United States. He reminded the house that if this | the difference being that the duty is to fluctuate between | of a speedy adjustment of all their differences and dis- country ‘were to lose the Canadian Provinces, it would | 4s. and 10s., ins! as at present, between nd 20%.— | putes in respect to the Oregon territory.” It is probable, lose a trade, which, more than any other, encouraged The highest duty is to be levied when the average price | however, that the more courteous fori of the resolution promoted our maritime power and greatness. He then | of wheat is ator under 48s. per qr., receding Is. per ur., | udopted by the Senate will prevail ; unless, indeed, this dilated on the injury w! we were going to inflict on | for every rise of 1s. inthe average until the latter reaches | ridiculous verbal difference between the two Houses the Canadas, by adopting juoted the letter of a Mr. Pemberton, which a] ‘he Times, to show that Mr. C. Buller was guilty of a great error, when he asserted that the Canadians did not materially care for the protection which they received from our system of duties on corn and on timber. showed that there was a disposition on the part of the United States to avail our tariff with which but no disposition to grant us relaxation in their tariff in rent, Under such cfroamstinices, surely it could not be wise on our' the system of free trade, and r 54s , when the duty is to be 4s. per qr., and not to fall be- in low that point. There was, till recs y crn, prosepet of entering the bonded stocks, in case the bill was passed at the minimum duty; but the late depression in prices may make an alteration in this respect. ‘he top quotation of town-manufactured flour has for weeks past oon very unsettled ; during last month, and for some time previous, the nominal price for the best town marks was 53s, per sack ; subsequently the millers succeeded partially in Peablniig « rise of 2s., which was, however, almost ffnmedia‘cly afterwards lost, and the highest quotation is now generally considered to be to be made a pretext for allowing the resolutions to drop altogether, which would be the case if they cannot agree onthe terms used. This solution, however, is as childish and improbable as the conjecture of the ig organ in this country, which argues that President Polk, after all, will use his discretion in not giving the notice, even after the adoption of the ‘resolutions. President Polk has for- mally intimated that in his opinion the notice ought to be given at the earliest possible period ; and unless he is prepared to retract his own spontaneous declaration, he 1s of course only waiting for the sanction of Congress to carry it into eifect. He themselves of any relaxation in we were inclined to favor them, to relax our tariff still further in favor of the United States, especially when | 62s. per sack. Ship flour has been selling at irregular | ir, Polk is himself the author of all the agitation the effect of such relaxation was likely to be the loss of | rates, and it has been difficult to exceed 40s. for Norfolk | springing out of the discussion of the Oregon question, the Canadas. households. which has engrossed the attention of the American peo- Mr. Rossvcx, in seconding the motion, was of opinion that it would have been for the advantage of Lord Bentinck’s reputation as an orator, and also for the advan- tage of the house, which had listened to him very reluc- tantly, if he had compressed his speech, and that which he would inevitably deliver to-morrow night, into one. ngrutulated Lord G. Bentinck and ‘his party che “new tone in which they now spoke ‘of the He on the new proceedings of the the reason of his sympathising with the Canadas ‘Though only 3,410 qrs. of barley have been received during the week, this grain bas moved off very tardily.— Malting qualities have been almost wholly neglected and feeding kinds have been in less request than usu: this spring, owing to the abundance of all sorts of keep for cattle, &c. ‘The retail business done in malt during the week has been at about previous prices. ° ‘The arrivals of oats have been to a f tel supply, inclusive 11,194 qrs. from ple, to the exclusion of far more important subjects, ever since he assumed the reins of government, fourteen months ago. He must bear the responsibility of all the political perplexity, the mercantile embarrassment, and the national burdeus, which are already felt, and will be much more recs f felt, in the United States. At pres- | ent he hasdisplayed no qualities adapted to such un emergency, but a strange aptitude in multipl, the causes of dissension and offence, combined with gish indifference as to the means of carrying on the ne- Ga. Canadian Parliament. What now, when the Imperial Government was in a mi | amounted to 21,854 yrs, The trade has gotiation or of preparing for We are more curious nority of seven in the Canadian Parliament, when | week been excessively languid, but lower ‘han anxious to discover the effects of such a novel and he paid no to its wishes formerly, when | those current on Mo: *: have not been submitted to— | jascrutable course of policy. But, if there is any truth out of 88 members only 8 supported that government '— | The duty on this grain fell to 5s per qr. on ‘Thursday 5 | in recedents of history or the maxims of common Formerly there were no stronger opponents of the ( dian corn bill than Lord G. Bentick aod his party ; wh: was the reason which induced them tu stand up for that bill now, as if it were He could not believe that Earl Cathcart had embarked upon that course of Lord G, Bentick had described ; and expressed his deli- re conviction that a, , if fairly taken, would be found decidedly in favor of freedom of trade. Sir G. Curnx observed that there was no intention on ites the two extremes of ar- and™ebility in action is preparing ountry the inevitable retubuuon of with the prospect, however, of bey able to enter at 1s, 64. per qr. tinder tho propored new law, few importers will, we think, pay the ds. duty. ve excited little attention, and their na. Charta of the Canadas? the Beans and peas humiliation and diseser. value has remained nominally unaltered. The Auierican politicians appear to us to have formed to the government which | At most of the continental ports prices of Wheat are | most inaccurate notions of the position in which they gradually tending downwards, and from presen! ances We are inclined to think that quotations will re- cede still further, unless a rally should take place in the English mark In the Baltic good red Wheat may now be bought at reully stud. ‘their ignorance of the resources and | powérs of turopean Governments is kept alive by the | pernicious flattery of the popular leaders, who tell them | they are the first pee on earth; and they are encour. | i disbelief of danger, which they mistake opinions of the people of Cana. the part of the government to 0) the present motion, | 44s., and the best sorts at 46s. perqr., free on board. The | j,r courage. ‘The state of their relations with Mexico | as Lord G. Bentick had been informed nine days age. freight from the lower ports to London is 3s. to 3s. 6d. | ig y striking exemplitication of this inconsistent and | He only rose to state that he had to.add to the | per qr.; it appears, therefore, that even now it would be | soythardy lune of policy. When the United States | papers now moved for, a despatch from Mr. Gladstone to the GovernorGenerel of the Cenadas, in reply to the rs for which Lord G. Bentick had rd, Kier afew remarks from Mr. H. lained that he had been unable to procure an answer it her Majesty’s government toa the House adjourned. [From the Mark | ted growe grein had repeatedly asked in the course of discussions— | to lied the markets very sparingly. hich had been placed under the pro- hamelp, what it intended fo do with the colonies i | pare pierig we learn, under the date ot the Oth inst, | Hon of & territory wh fag. ‘The cabinet of Washington and who ego that the House or compel them to | that very little business hed iw. done - be ort An disdained these precautions, and such has been the neg- answer it. je motion was agreed to. the Week, the prices as! for parcels of old ingran- | jot of the most obvious military arrangements on the "ihe other orders of tho day were then disposed of, and | arf having, been, much t00 high to allow of the execu. | 10ct Of the Mont ohttous Steyr ermcans have col- ‘The Passage of the Corn Bill in the House of Commons—The European Corn Trade. ‘The House of Commons have pasted the new corn im- tation bill by a majority of ninety-eight; and though | u the Lords may reject the measure, | vi te} on bibs bre te favor of its becoming the law of had realized equal to d4s od, and Oljlbs. quali- Manly his present preparations for war are hardly equal to the land before the expiration of another month. The | ties 48s. 64. per quarter free ‘on board. aah ts | contest with Mexico, not fo say with England. belief that such will be the case has certainly gained | there had been offers at very ing sro a eo It is acommon fallacy in political speculation to impute and of late; andin proportion as the chances of the 47s, 6d. per quarter, quality, weight, ‘cate, | ‘2 Fivals and opponents a profundity of design and a vigor ereting laws being maintained have diminished, the ef A oe ne have oo Bided had sc Bye crop fs | of character very much beyond ole rom mart, and fects likely to laced by the contemplated change | FxCCM Om ‘ines g growing these considerations, whether well or ill-founded, are a of agricultural vestigated. ‘The result of this invest m hi ip avec that 0 material fall in the ¥; impossible to import at the rates at which similar quali- ties may be bought in bond on the spot, a state of things which cannot long continue. The stocks of old Wheat at Rostock, Stralsund, Wis mar, and Stettin, are trifling; and, though the last harvest has been favorable in those districts, the farmers seem Government, with the full sanction of the American people, consummated the annexation of Texas, and answered the protest of Mexico in a tone of de- | fiance, they shouid, according to all the usages of civili- | zed government, have proceeded to take military menas for the protection of their new frontier, and the occupa- move: Hinor, who com- uestion which he tion of orders received from Great Britain. Tho fresh capris ‘of new from the interior had been offered at 478. to 48s. per qr., without exciting muc! fention. The Hamburg letters of Tuesday last wholly without interest; the business done in Wheat since the previous post day had, we are informe 1, been confined w purchases made by local consumers, scarcely a Been made for export; 59} lbs. to 6Mlbs. red jected an army of thrive the strength of the United States’ iurces on the Riv Grande. When the last advices | left the frontier a collision appeared to b» imminent; and | there are strong reavons lor rn whether the Amer- | icans would have the advantage. Jt would be strange if Mr. Poik was to undergo a dejeat from the troops of the least of the powers of the world, ai the very moment he af- | fects to brave the armies and fleets of the greatest ; but cer- | Lane Express, May 18, P. M.] quite as much calculated to inspire caution and to insure From Belgiam the respect #8 a reputation for prowess of strength in arms ; uce have heen more close- sccounts are also «unfavorable on that subject, which, with the real scarcity of wheat, had | bi we are not likely to fall into this on the pre- | Texas, in all justice, belongs as truly and righteously j out the slightest pretensions founded upon justice ? salutary terror as an author of war. In prof to | raise and Gp the character of the united nd O- vernment. he has allo: it to forfeit a charact fon die. | cretion without gaining a character for strength, and the | only suggestion which ‘4 to us to account for his | conduct is that of extre: pacity. He has done ey. ery thing to ncerarate ifficulties of nego! and nothing to provide for the possibility of the: = What would have been thought or said in this or any | other country of a government which should deliberate!’ leave its ‘coasts unprotected, its fleets unmanned, | its armies unequipped and undisciplined, and the whole machinery of war unprovided, whil-t its policy | provokes a simultaneous resistance from the powers on eachside of their territo: ? The thing is without a | precedent; and it is also withouta precedent to have to | this extreme inequali forces will not induce us to | Taiseour terms. But most assuredly this is not time for | U8to reduce them. The honorable desire to avoid war will go farto maintain peace: but the fear of a war which it is physically impossible to maintain with advan- tage, ought to go much further in the councils of any sane Government. Before Mr. Polk placed himself in this ridiculous position, he ought to have calculated the means he has at his disposal for getting out of it. A few months ago he might have settled the Oregon question on equal terms, with complete honor and dignity. At present, whatever be the the turn given to the negotia- tion, the President will not escape the itnpuation of yield- as to the paces of the case, and accepting terms which are backed by the whole force of Great Britain. ly deserves this punishment, and it will not re the public opinion of the Union will assign fey be sage in the annals of the Presidents behind even Ir. Tyle The chief, if not the only ground of apprehension as to the ultimate effect of this stato of affurs, arises from our uncertainty as to the direction it may give to Mr. Polk’s own conduct. To suppose that he is capable of kindling @ conflagration between too great and cognate States for the sake of covering his own blunders, by call- ing forth an energetic national demonstration in support of a bad cause, is to impute to him, not weakness, but wickedness. But weak men aro apt to resort to the most desperate expedients at the last extremity; and nothing excites our apprehension so much as the fact that Mr. Polk appears to be incapable of any settled policy, and to live by the accidents and vicissitudes of the time We only trust that he will not fall into the serious er- ror of imputing to the English Government the same un- certainty and hesitation which so strongly mark his own course. The ‘ket which will sail from Liverpool in a few days will convey to the United States the real im- pression produced here by the late intelligence. If the resolution was intended a8 athreat or a hostile measure, it has totally failed to have any ‘effect whatever, except that it is probable Mr. Pakenham will be at once em- powered to bring the controversy toa prompt and final issue. Setting aside all popular clamor. and national repossessions, the cbject of both governments must be 'o effect a settlement upon the basis which they conceive to be practical, honorable and just. The confidence of the people of England rests with perfect composure on the determination of the Ministers of the Crown in this momentous debate ; and we cannot suppose that the American government, boasting as it does a more popu- lar origin, Pousesses the confidence of the nation to a less degree, or is less able to carry into full effect the terms of an equitable compromise. ___ [From the Liverpool Mail, May 16] The invasion of Mexico, or that valuable portion of it called Texas, by the United States, is as atrocious an act of aggression and wholesale robbery as the history of the world has yet recorded. Itis freely admitied by those most conversant with the facts that Mexico has for seve- ral years been a distracted state—embarrassed in its finances, and the prey of factions. But the Washington | republic, more fortunate in its federative resources, and more powerful from circumstances, has not exhibited to the world any proofs of its fi to extend its territory, or promote the moral improvement of society. With seven sections of her confederation in a state of insolven- cy, she shows that her boundaries are extensive enough, shat she has larger dominions than she can well gcvern, and that any attempt to augment her territories, under such circumstances, cannot arise from a desire to im- prove the sad condition of republican institutions, but to avenge her own defects upon her sister’s weakness, and obtain by plunder what she denies to inflexible duty. to Mexico as Yorkshire does to England. But it has been annexed, they tell us, to the United States. By whom has it been annexed ? ' By the voluntary and involuntary emigrants of the United States—by patriots who have run away from their creditors—by men of desperate for- tunes and loose principles—by scamps and cheats of all exiled Doni rs and expatriated criminals—and these worthy and valorous people having seized upon the land, divided it among themselves, and hold what they claim by fraud in the first instance, and by violence and the sword afte: rds, form themselves into a House of Representatives, rey udiate the rights of Mexico, vote away what is not their own, and annex themselves to the congenial fraternity of the United States. This, we contend, is barefaced robbery, not so disgraceful in’ the men who seek the alliance, as in the government which accepte it. * * y ‘ . * The policy of the United States is founded upon un- bounded and of course Unprincipled aggression, “A wild democracy rules, and all democrats are insolent, unscru- pulous, tyrannical and unjust. They have for many years had an eye upon Mexico. ‘Texas first—Mexico and her mines next—and then the ,whole continent of America, including Canada, Oregon, of course, is hers, cording to the fiat of John Polk ; and our West India essions are expected to become brilliants in her stolen tiara. But here comes the difficulty. Will the monarchies of Europé countenance these usurpations, and tolerate a system so fruitful of evil to the peace of the world? Has not the time arrived when the aggran- dizements of the United States should be curbed? The “model republic,” #0 much boasted of, and so long idol- ized, the acts of which are offensive to public morali- ty, is now, by common consent, admitted to be a mon- strous fraud; and will England acquiesce inthe rule that her trade with ten millions oe nil in Mexico shall be exposed to the hostile tariffs of the United States ? Texas is one of the finest territories in the world ; and are we to be excluded from the advantages of its markets be- cause the United States call certain adventurers its native inhabitants, and incorporate it with their union, in de- fiance of the remonstrances of the parent state, or with- The duues upon British manufactures admitted to the Mexican markets are moderate in the extreme ; but if the annexation of Texas be recognised by the British Government, the tariff of the United States would come into operation, and an impost, of from twenty to thirty- five per Cent would be levied. What say the manufac- turers to thi But at the present time, when the ruin of our own soil is determined upon, it is useless to ask any question in reference to our foreign commerce. By the arrival of the Caledonia we are at length put in possession of the important intelligence that, on the 23d of April, both Houses of Congress agreed to retain the resolution passed by the Senate, authorising the Presi- dent of the United States to give notice to her Majesty's government of their determination to dissolve the treaty of joint occupancy in reference to the Oregon territory. The first chapter in legislative and republican bluster is thus ended. Much ink has been spilt, but no blood ; torrents of abuse, but no blows ; loud fierce thi 5 but no drawing of swords. When the second chapter will begin we cannot teil, It is clear, however, to us, that Mr. Pakenham’s diplomatic services have for the present terminated. The British Government cannot now, with honor make fresh proposals to the United States. ‘Lhese, if entertained at all, must come from, and originate with, the republic. In the meantime, sup sing the notice served, in what position are both parts placed? In a friendly one? Most certainly not. In.@ hostile one? Undoubtedly they are. Faith is now broken ; confidence is destroyed. They will begin to watch each other's proceedings with intense jealousy. Every movement will be marked, misunderstood, or mis- represented. An extra ship of war in Halifax ; a squad- ron of British steamers in the Gulf of Mexico ; a couple of frigates in the Columbia river; the slightest military movement in Canada ; im short, it i ceive what accident, or what mere nt peaceful belligerents into coll k that will light up the flames ar. T! are many able, excellent, and benevolent men in America, who detest war, and particuiarly dread a war with England. We have this proved by the battle which these men fought and won in the Senate. Their influence is great, and their moderate and pacific views prevailed. Sut the power of the democracy is over- whelming. And what is worse, it is increasing daily, and hourly becoming more arrogant and insolent. How is it that the institutions of America have oper sunk so much in the estimation of the whole world! How happens it that her credit is blown upon, and so many of her States insolvent? Because the mob rule—a mob, as ll mobs are, indiscreet, rapacious, dishonest, reckless, and without any property tu lose. The way to Congress, to office, and to power in the United States, is through the mazes of this mob. ‘Their suffrages can only ve gained by paying homage to their turivus opinions—by seeming to respect what every sensible man must ebhor. ‘Phe consequences are that men of superior virtue und intellect have hardly a chance of obtaming seats in the House of Representatives. ‘The assembly 1s principally ‘ i ees ture, jally as regards California, which could not be accom] ed without seriously aftect the commercial — maritime a wr na countries, Messin, owever, we agree Wi @ Times, ‘that in proportion as the re: policy of the American government be- gins to bear its fruits, we are justly entitled to im sist upon an im ite and equitable adjustment of that question which direcUly regards ourselves.” {From the London Chronicle, May 15 } * * * —* The object of giving the notice is declared to be the promotion of an amicable settlement, and the responsibility of giving it is still thrown upon the President, by the use of the words “at his discre- tion.” Wi tever may be the character or of this act, regarded by itself, we cannot refuse to give credit to the declarations of a desire for peace by which the jon is accompanied. {ts adoption, in its present in some measure atriumph of that party in the Legislature which is favorable to notice was originally, as is observed by our correspondent, the measure of the war course of events has transferred it into the opponents, and it now com Webster and Calhoun, and in Allen and Cass, Mr Polk, ins tion the Leg: ture took up the posed to have seriously contemplated war as the of terminating the convention. He was not prepared for war, and would be plunged into inextricable embarress- ment by the occurrence of such an ; but thought it was possible to excite the feurs of Great tain, and to compel her to negotiate at a disadvante For this purpose, the more the notice had the ap ance of a hostile measure the better. It was play! desperate game to stake the peace of the world upon a demonstration which could only be successful by the blundering or the pusillanimity of an English Govern- ment ; but such gambling is part of the system of Ameri- can politics. Mr. Polk, however, has not obtained what he desired. The peace party, by yielding to the current when it ran most furiously, and resisting it with skill, rather than force, as opportunity offered, has contrived to clog the notice whe. explanations and conditions which go far to strip it of its be Segre, character, and thereby of what first recommended it for adoption. If we were to be governed, therefore, solely by considere- tions of the motives of ‘American parties, we might ac- cept the measure just adopted by the American Legiale- ture as the indication of a desire to preserve peace. The fact, however, is of which the character can- not be determined by these considerations. The notice to terminate the convention of joint occupation vither has been or will immediately be given; and by whatever movements of American parties it may have been pre- ceded, the event is one-of the utmost giavity. We areat once called upon to contemplate the pousibility of the com vention expiring at the end of twelve months, without or having succeeded in effecting a permanent settlement. We see that the United States is thinking of, and even providing for such an emergency. A Vill for extending American jurisdiction over the O:ogon terriwwry has passed the House of Representatives, and is now pendi: in the Senate. It is under such circumstances that Gre Britain is expeeted to volunteer a renewal of negoti- ations, and to declare her readiness to make fur greater concessions thant she has et omerat. Canshe do so? We will not ask whether such a course is consistent with the national honor, It is enough to inquire whether, upon the narrowest calculation it is prudent, The north-eastern boundary was settled upon the ciple of purchasing peace at any price. That principle, however, is a fallacy. Peace cannot be parchosed by those who will give any price for it '¢ were libe- ral enough in the Ashburton treaty, but our liberality has not done us much good. The continuance of peace is a8 insecure, or more insecure, than ever. In fact, it is impossible not to see that the concessions made to America upon the north-eastern question haye been a main cause of the unreasonable claims advanced to the Oregon Territory. England, as Mr. Webster, on a late occasion, triumphantly proved, surrendered large advantages in the former case. The very - lar and very legitimate inference is, that by management she can be got to do the same again. Let E ind countenance this inference.— the west, as well as in the east, will for peace’ sake yield to unjust claims, Lét her ipply every American Hemageh with anew fact to reve that she yucezable—that there needs nothing ut a vigorous application of the screw to force her Let her show that sl down to any point of concession that may be desired; and will she, after all this, have secu ? Far from it. She will still haves common it of some thousands of miles with this powerful bor, to whose aggressive ambition she will have sup the stimulants. Causes of quarrel. will never be wanting, and every one, as it arises, will occagion some unme- able papaies excitement, which will again require ry allayed by English concession; until at length this brave, but most patient people, is roused to make the stand which, if made at the beginning, would have saved a world of mischief, [From the French papers to May 16.) 4 mhe Concietionnes byes Sirens notice showed a lesire to maintain peace and to faci an arrangement; the Presse, the Gore Francais, &c., that it was very satisfactory. The republican Nattonal alone said that it amounted to nothing—that it left the dispute where it was—that war was just as probable as it had ever been; and a good deal more of the same nature. Ina subse quent article the National declared thet the United States would certainly not bate one inch of the extreme preten- sions of Mr. Polk, and that, if England did not give in, war would be inevitable. It added, howevet, that Eng: land would be sure to make every sac: oul abandon Oregon—interosts—honor—all, sooner an fight. ‘The Presse, one of the principal daily newspapers, has lately published a letter of several columns length, giv- ing an account of the latest proceedings on the Oregon question, and full of ulations as to what will happen, and what will not. e epistle contains nothig new, either in information or in opinion; but the writer says that the notice of the Seonto, will be rejected by the House of Representatives; and that, consequently, no- thing at all will be done this yeas wie t to the Oregon question, notwithstanding ill the aualety and ill. wilt that it has occasioned. Another newspaper says, that the democratic party wil be gladto Keepiup the Ore- jon question for electioneering put . It opines, jowever, that England will insist on having the matter settled one or another, The Journal des Debats ff the 15th ult, contains a leading article admirably calculated to allay the warlike heat of Mr. President Polk on the Oregon matter, for it mu roy all hope that he may have entertained of French sympathy should he pick a quarrel with this country. Our talented contemporary, after a just and fair appreciation of the motives and disposition of thet high functionary, arrives at this naiee conclusion. “ There is every reason for believing that, after all, Mr. Ls ea not, in any respect, trouble the repose of the world.” The principal topic of the day was, however, the in- telligence from America, received in Paris on Wednese day evening by extraordinary express. On the Bourre, surprise was expressed at the comparative of the London money market of Thursday, inthe face of news 80 re-assuring. ‘This was sought to be removed by the statement that the intelligence had net reeched Loudon until after the close of business on the stock eo; but the bears continued to keep down prices by unfavor- able rumors respecting the chances of Sir Robert Peel with the corn laws. On the Crogan, question the universal belief in Paris continued to be that there would be no war; and from the frequent references made to the ofthe Times of Monday last, it would seem that the weakness of the American navy, and its juacy to a contest with that of this Sa | rendered obvious by the re- turns we then published, had gone far towards confirm- ing that impression. The severe remarks of the Jeurnel des Debats on the policy and proceedings of President been made the subject of a new atteck on that Polk, hi paper by the National. {Paris Letter, May 16, in t's Times.) An arrival at Havre brought intelligence of the vote of the Senate on the Oregon question, before It teached you in England. The news ci hal tion, considering its momentous im undoubtedly owing to the fact that nunciation of the treaty was clearly foreveen, that no belief was ever entertained that the Scuate would sanction the offensive and warlike vote of the lower however, in favor of a House. So large a majority, “peace vote,” if | may so it, waa not lated upon. A more majority of three or four wes that was expected. The effect of the news was to the conviction that has all along been entertained in this country by men of sense, that war wilkoot take be tween Great Britain and the U, Y Iv wretched dispute about O: On the that un- failing barometer of poli opinion ue Fose imme diatelyson the arriyal of the Havre new! with the intelligence ; and though prudent itwise to wait to see the effect it would occasion in London, ther advance took place the meee ee in conse- quence of it. ‘The newspapers, too, of siithe a es, united in viewing the vote ea 0 certain the tinchythersit aver it aboakd be cit, ere is & VOI settled with t 7 ikcanees ate and inquie- tude is injurious to commerce. It is, moreover, every week made the catse of alarming rumors on composed 01 noisy pothouse orators. The representative must be like his constituents. He can hardly be a gen- tleman, even in manners, without offending them, and Josing their support. f ‘ten a country is under such sway as this, what de- pendence can be placed on the professions of its pubis men, however upright their intentions may be? The de- mocracy, Which ca:ries them on their shoulders to-day, may to-morrow trample them in the dust. No confidence can be reposed in them; and yet it is by this mob, whose instincts are violence and plunder, that the question of peace or war is to be decided! {From the John Bull, May 9.) Some of the American papers, we perceive, still clin; to the belief that Mexico is acting in concert with, or pather under the dirgption of, France and England. ‘the probability or imprdbability of this persuasion we will not diset but one thing is certain ; neither Kngland hor France recognises Vir. Polk's theory of internauonal law, which lays down the maxim Europe has 10 right to interfere with America ui where some spe cial intevests of her own are concerned, ‘These two | Powers have already practically repudiated this theory | by their combined operations in the rive if the United States should declare War agai would then be for other states to judge of the j) pf the otjects of such declaration, and to deal Cg Na faceordingly. Neutrals have u right to inquire nod 6 differences which have caused a war between two friend ly Powers, ‘The sami r of the Y6th, says :—" With respect to | the tmpentiog’ repre betwrece the United States and Bourse, which de; ‘prices, Some of| Conpert ot y cre- of as current on the pha vote of she. Honste, 2 lish Govern Bourse, and actually believed, that ment had Sesome #0 thorough ‘ith the Ore- rican that, to cut the. olor Soh bee sent a feet to bombard New York tween the United States and ‘Th state of affsit ble interest. here} but lite je Mexico excites thereon, either in conversation 0: by, the nev ca ne latter, however, carefully translate all intelli. ence they can find in the American or English papers ouring upon the subject. Of course, there is but one opinion, that if the poor devils of Mexicans go to war with the United States, they will get a most lick- ing. From what I can collect, Tam of opinion that if the } United States, at present, were to attempt to conquer | Mexico, or even to annex apy considerable por- tion of | its territory, they would cause dissatis- i ; would have faction in France ; and, in all prot oe ter the decided hostilit; pet ae reference to M. Guts very remarkable | speeches on the Texan question, will show that Frence he reat importance to the preservation of Mexico arn yepacate nation; and that, from that it would regard unfavorably any further aggrandizement of the United States . Polk, it is true, has declared that ome v ee aon — interfere in the affairs of me oon heal Mexico as a se} consideration, Mexico, shouid it take place, hardly see how it can Oe” something hl has | the principal markets in that country world with confidence as a iriend of peace, nor with e ‘dot immaseetaepaalan in he | #r0m tae general toue of the ed: as of Bri. mistake + caused the csialaanmaane ‘occasion; for Mr. Polk has neither inspired the fail to bring and and France into the contest, be- cuuse the objects of the former power would be ol a na 4 has also declared in the pal aime ‘emme of France, that it will, in spite of Mr Polk, interfere as often, and in # uch manner, a8 it ple