The Sun.
London, England, 1845-05-10 00:00:00

AMERICAN NEW►•'.

ARRIVAL of the GREAT WESTERN
LIVERPOOL, FRIDAY MORNING.

The steamer Great Western, Captain Mathews, arrived here
last night, at ten o'clock. She left New York on the 24th
ultimo, and has brought 142 passengers. She arrived at New
York, on her outward voyage, on the 16th. The Cele-
donian reached Boston on the 21st, at night ; her news were
published at new York on the 23d; but as the Great Western
sailed on the 24th, there was not time to learn its full effect;
but!, we think upon the whole that the tone is decidedly
pacific.
The New pork Courier and Inquirer, in its Money ArCcle
for the steamer, gives the following view of the effect pro-
duced on the public mind by the declaration referred to, and
also a concise and accurate outline of other points of im-
portance :
" The news by the Caledonia has called forth no little interest.
The discussion in the two Houses of Parliament, and the very re-
solute tone of that discussion, in respect both of the .British right
and of determination to maintain that right, are widely and vari-
ously canvassed. For ourselves, we look upon it as rather fortu-
nate, since in all contested questions it is best that both parties
should understand each ether as early and as explicitly as possible.
On our side the right to all Oregon is officially pronounced un.
questionable ; yet we submit it to negotiation, thereby implying
certainly that what is unquestionable may nevertheless be a sub.
ject of compromise. Perhaps the opinion has prevailed too gene.
rally here, that
.England did not really attach any great value to
her Oregon claim, and upon such an assumption ours has been
pushed with increased hardihood. We are now undeceived on that
point. The Ministry that is, and those who would like to be
Ministers, and the whole Parliament, seemed to have shared exult.
ingly in the declaration of the official irersons in both House,, that
England has a good title and means to maintain it. Now, then, the
ground is cleared of all uncertainties, and the negotiation will of
necessity proceed under the positive and equally confident claim of
each of the contending parties to a good title to the matter in
dispute. Sueh a negotiation, to succeed at all, can have but one
issue—mutual concession ; and on that point there cannot be long
delay in ascertaining what can and what cannot be done.
" The temper of this country, as a whole, is for peace ;
though there are portions of it, and particularly the west, where
war might be profitable and would not be unpopular. We as.
some unhesitatingly that the desire of England is also for peace;
„and from these premises we conclude that peace will be preserved ;
for it Is contrary to all sense and reason—to say nothing of moral
or religious obligations—for two cognate and Christian people to go
to war'about a barren region which can be of little use or value to
either of them for generations to come. Nevertheless, the effect
of the Caledonia's news to-day was, to make men look grave, and
though no perceptible fall was occasioned by it in the produce or
public stocks, it caused a pause.

" The late intelligence from Mexico and Texas also- occupies
much of public attention. The possibility that Mexico might at
once resent annexation by hostilities has passed away, and the
worst now apprehended is a commercial and diplomatic non-in.
tercourse. Texas, however, seems uncertain about her course;
and annexation is not as eagerly jumped at as seems by its realous
friends here to have been anticipated. The delay or reluctance of
Texas is put down to the interference of England and France,
and therefore some feeling is exhibited.

',From these combined causes there is uncertainty anst sensi-
tiveness in the public mind, and therefore business necessarily
suffers.

" Money is easily had at 6 per cent., and as soon as the banks
have made their quarterly statement will be cheaper.
" The movements of specie are inconsiderable and unimportant,
the tendency being rather to than from this market.

" Exchange on England has been active for the Western at from
Pi to 9i, and for France as per quotations below.
" No certainty can yet be attained respecting the payment by
Pennsylvania of the August dividend. We believe the desire and
purpose of those now in charge of the Government of that state
are to meet its liabilities when and as they accrue, if possible; but
it must be added, upon the best information we can obtain, that the•
collection from taxes have not come up to the estimates, and there.
fore that n-tore doubt is entertained whether the full amount of the
August dividend cnn be paid ; but it will be paid rateably to the
whole extent of funds in hands, and thus the disposition to do right
will be kept up and evinced.
"The very disastrous fire at Pittsburgh may not be without
disadvantageous effect upon a portion of tax-payers, generally
amongst the most punctual.
"The Stock market was heavy this morning."

The Money Article of the Express says :
" The excitement that existed yesterday and the day before,
occasioned by the debates in Parliament on the Oregon question,
is subsiding, and things are becoming more calm and settled.
"The Great Western leaves this afternoon for England. The
news she is to take out is of much importance in the present un-
certainty of political affairs ; but among mercantile men there is
nothing very alarming as yet. Although the remarks of the Bri.
fish Minister in Parliament on the Oregon question have excited
considerable feeling and a good deal of remark, yet they have pro-
duced no perceptible influence upon the stock market. The south,
it is well known, in this country, will not be driven into a war fur
tie possession of Oregon, unless England acts unjustly or rashly
and the south, in the present position of parties here, holds on that
question the balance of power. Mr. Calhoun's views, given iii this
paper to.day, are the views of southern statesmen generally. The
Rani :al presses make a great deal of noise, particularly such as are
in the hands of former British subjects, but they do not represent
the feeling in the United States on this or any other question. It
would be, however, improper not to add here the conviction is
aTttenaasstiownisi
universal that the territory is ours, as we claim it, and that it
should not be given up.
TT::`...`aTsticnnews from Texas in substance is, that while the people of
in the
to come into the Union, the Administrators of the
one of these days the(tUhnieitßedry,
Governmentb do not. A great deal is thus to be done before
et
he madeub United
de
States,o f he
particularlyUni ed States.
in
the Meanwhile,
soboer b part,public
much directed towards California, of which, it is probable, that
ing the slave-holding
pos-
sessed. The SouthernteSataittoes of the Union are bent upon enlarg.
reject States Government will become
presses in
tObralteaen:
canintriwguiteh' toperaouvstesielt:xpausriue.:)
aanndnesxoufaiorn_does one of the leading
egnot there is but one step which our Government
as to say that is case ' British
is, to solve the difficulty, as Mr,
It II