The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1846-06-30 00:00:00

THE LIVERPOOL 'STANDARD.

Corn Importatinn Act and to th. new Customs Act. The
Sugar Duties Bill was then reported, to be read a third
time on Monday. No other business of any public im-
portance was transacted, and the !louse adjourned, after
forwarding several bills a stage, at half-past seven.

FOREIGN _AND COLONIAL.

UNITED STATES.-THE OREGON; QUESTION

SETTLED

The steam ship Hibernia arrived here on Sunday at
noon, from Halifax and Boston, with the• usual mails.
The New York Courier and Enquirer of the 15th hut,
bas the following :
" In the remarks.we made per steamer, Great Britain,
which took its departure on the Bth instant.it was intima.
ted as the general expectation, that the Oregon contro-
versy was upon the point of being settled. .It may now,
we think, be stated with confidence that it is settled, to
this extent, at least, that a projet of arrangement submit.
ted by Mr. Pakenbam, as one to which, if this government
should consent, he was authorized to give the assent of
his government, having been laid, by the President, before
the Senate of the,United States for their advice, previous
to his own action upon it, that body, by &majority greater
than is needed for thefinal ratification of a treaty, have ad.
wised him to accept and complete the arrangement. It is,
therefore, not doubtful, we presume, that a treaty will be
Crthwitl; completed and ratified, and then this bone of
contention, the last, we hope, between this -country and
Great Britain, will be effectually and finally di.posed of.
Of the precise terms of_ this arrangement there can be no
positive nor certain knowledge yet made public. but con-
jecture is probably accurate when it assigns the following
as the leading points of it.
2. The-49th parallelctill it strikes the sound separating
Vancouver's-Island from the main, thence along the centre
of that sound southerly through tne Straits of Fuca to the
sea, leaving the navigation of those straits free to both,
and the whole of Vancouver's island to Great Britain.
2. The free navigation of •the Columbia River to the
Hudson's Bay Company until the expiration of their pre-
sent charter, and acknowledging their tight of property in
the buildings, improvements, &c., which they owe south
0f49.

There are probably other stipulations about a reciprocal
use of the ports .in Vancouver's Island and within the
Straits of Fuca.

These, as is said above, are merely conjectural state-
ments of the points of the arrangement, but they may be
near tile truth ; and this may be said with certainty, that
to any proposition which the President would submit to
the Senate for their advice, thereby clearly binding him-
self, if the advice be in favour of the proposition, to accept
them, and in the actual circumstances of the country,
that body, as now constituted, would give their sanction.
We may, therefore, we think, congratulate both coun-
tries on the final and peaceful adjustment of this angry
and threatening, controversy."
Later advices inform us that on the 10th instant the
President submitted to the Senate the ultimatum adjressed
to him by Mr. Pakenham, and that after a discussion the
message received the assent of the Senate by a vote of 38
to 12. Thus happily has settled this long-agitated ques-
tion.

In respect to the Mexican war, there is no new fact to
communicate concerning the military operations since our
last report. The official despatches of General Taylor,
announcing the capture of Matamoros. show that the
Mexican force was retreating hastily towards the interior,
having evacuated that town on the eve of General Taylor's
approach, conveying with them such portion of the muni.
tion and ordnance as they could. General Taylor. h .w-
-ever, had captured large 'stores and many arms, cannon
and small arms, secreted by the enemy previous to his de-
parture, but easily found afterwards. The strictest orders,
which are strictly eat°, ced, were issued by General Tay-
lor to his army, to treat private persons and property with
entire respect, and that nothing should be taken for the
army but übon payment.
The blockade of Vera Cruz was officially notified on the
20th of Mayto the authorities, and all others concerned,
by the senior officer commanding the American squadron.
The New Orleans Picayune says that the peat demon-
stration of .General Taylor will be upon the city of Mon-
terey, about ninety leagues from Matamoros. He inten-
ded to be there by the Ist of July, but the want of trans-
ports delayed him until the deficiency was removed. The
Mexicans will, it is 'said, make a_stubborn stand there.
That paper concludes as follows :—" If the troops under
General Taylor occupy Monterey, the whole of 'Meilen
this side the Sierra Madre will be in the possession of the
United Slat, s. including the mining districts of New
Leon, New Mexico, Santa Fe, Cbihaphua, &c. This cal-
colation is based somewhat upon the idea that the United
States will order an expedition from the Missouri river
upon the northern provinces. If this be done, the whole
of North Mexico will be in our possession. Such a dis-
position of the forces of the United States would end the
war at once._ But if it did not, our army would hold the
key.to the whole of South Mexico, and the gates of the
capital would, speaking in a military sense, be in posses-
sion of General T..y10r."
It.appears from the official despatches that in the battle
of Palo Alto, the American force consisted of 2,238 men,
and the Mexican of 6,000, and that the former lost 9
men and 44 were wounded. In the engagement of Reseca
de la Palma, the respective armies being about the same
as previously, the Mexicans lost 200, the Americans 39.
By advices from Mexico to the 29th ult., we learn that
_the blookade of Vera. Cruv rnmmenrpd nn_theAth _May,
fifteen days being allowed for all neutral vessels to depart,
by order of the Mexican government. A rumour; which
was not, however, authenticated, was received at Pensa-
cola, that Peredes administration had been overthrown.
In a Vera Cruz paper, El Republicano, a notice is pub-
lished teat the British mail steamer, Tay was to leave
Vera Cruz for Havannah, on the morning of the 2d inst.,
and " would take on board, as heretofore, all specie and
cochineal that should be offered for shipment."
This, says the New York Courier, would manifestly be
a violation of Capt. Filzhughs notice, which exempts
only packets " not engaged in commerce." The trans-
portation of either seecie or cochineal is a commercial and
not a post-office business ; and essentially a violation of
the t ights olblockade. We presume, and certainly hope,
that both British post-office packets and British men-of-
war will be duly advised on this head, and not subject
themselves, or the two government-, to new difficulties, by
imposing it upon the American blockading squadron, as
a duty, to stop the departure of either class of vessels
that may engage in the transportation of merchandise.
The new Tariff Bill would come on for discussion in the
House of Representatives on the 19th instant. Its pros-
pects were entirely doubtful.
The Sub-Treasury Bill was reported to tbe senate on
the Bth, with amendments, from the Committee on
Finance.

Renewed efforts had been made in the Senate to appoint
a day for the adjournment of Congress. The first at-
tempt took place in the Senate, on the Bh. The motion,
though supported by Mr. Webster, was rejected. The
second took place in the House of Representatives on the
12th. The day named was the 29th ofJuly. The motion
received a majority of 87 to 82; but this was not sufficient
to ensure its adoption.

The report of the committee appointed by Congress to
inquire into the charges advanced against Mr. Webster by
Mr. Ingersoll had been published. It completely dis-
proves the slanderous attacks of the individual named.
There appears every prospect of the final establishment
of an American line of ocean mail steamers. In the
House of Representatives, on the 12th, Mr. King re-
pored from the Committee on Naval affairs a bill autho-
rizing a contract by the Postmaster-General for the
employment of steam-ships to carry the United States
mail between New York and Liverpool, New York and
Havre, New York and New Orleans, and New York and
Chagres. The bill provides that the vessels shall be
adapted to war purposes and become Government property
in time of war. The bill is accompanied by a detailed re-
port, in which the propositions of Messrs. Sloo, E. K.
Collins and Co. and Forbes, are stated. No definite
proceedings took place upon the bill.

" We are bapp-s, to find," says the Journal of Com-
merce, of the 15th instant, " that the postmaster is ex-
erting himself to procure the passage of the nPePssary ap-

propr,ation to carry out his arrangement with Mr. Col-
lins for the Liverpool line of steamers. Our government,
we understand, are ready to make mutual mail arrange-
ments with the governments of Europe, which are always
much to be desired, provided always that the abomina-
tion of a government monopoly be not a part of the sys-
tem."

The legislature of Texas had adjourned without making
any adequate provision for the public cred,tors.
The Galveston News says, that Captain Tate, of the
British barque Ambassador, and R. Blossman, consignee,
had made an informal protest to the Collector of Galves-
ton against the payment of duties under the tariff of the
United States, claiming a right that their merchandise
can only be subject to the old tariff of Texas, as it existed
previous to the change of government by virtue of a treaty
between Great Britain and the former republic of Texas.
The Great Britain steam ship arrived at New York on
the 15th instant, having left this port on the 30th ult.
(From the New York Courier of Tune 15,)
The effect upon our moneyed and commercial affairs of
the restoration of permanently tranquil relations with
Great Britain will be very decided. Already stocks have
gone up, but that is hardly the criterion, for the pressure
is upon the general business, the hopes and enterprise of
the country, even more than upon the Stock Exchange,
and when that pressure is removed there will be a rebound
in all pursuits. Nor will the Mexican war essentially
check the good effect, for the impression is general that
an amicable arrangement once made with England, hos
tilities with Mexico would speedily be brought to a close.
EXCHANGKS.—Exchange on London, 1074 to 1084-;
on Paris, 5,35 to 5,361; on Amsterdam, 38i to 38,4 ; on
Hamburgh, 34 to 35; and on Bremen, 77i to 774.

SATURDAY NIGHT.—The sales of stocks to-clay were
extensive, and an advance took place in every description ;
the market closing with an upward tendency.
The amount of business paper in the market is con-
siderably reduced, and the banks discount freely at 6 to
7 per cent. per annum for paper having 90 days to 4
months to run.

Foreign Exchange continues to have a downward ten.
dency, the suonly being greater than the demand.
COTTON.— The sales to-day reach 2,500 bales, including
one lot of 1,500 bales New Orleans, Liverpool middling,
at 8 cents. We quote Uplands, very ordinary to mid-
dling, ti to 71 cents per lb. ; fair to good fair and good,
sl to 81 and 9c. ; Tennessees and Alabamas, 7to 8 c. ;
Mobiles, Louisianas, &c.. ordinary to middling. 71 to 8
c. ; fair to good fair 9 to 10 c. ; good and fine, 11 to 12 c.
The sales since the 29th ult. are estimated at 18,500 bales.
The exports, &c. of cotton since the Ist of September are
as follows:

Total export.. 1,2G5,000 To Great Britain. 832,000 lals,
Last year.. 1,838,000 Labt year ..... . 1.272,000 „

Year before 1,372,000 Year before.... 1,018,000 ~
Receipts .... 1.978,000 5t0ck5.......... 431,000 „
Last year.. 2.336,000 Last year...... 246.000 „
rear before 1,931,004 Year befo,re., „ 314,000 ~

ASH es.—Pots are steady at 3 dol. 50 c. to 3 dol. 56 c. ;
Pearls, 4 dol. to 4 dol. 61 c.
FLoott.--In consequence of a good eastern demand,
holders to-day are firm. Michigan is held at 4 dol. 6c. ;
Genesee, 4 dol. l£3l c. to 4 dol. 25 c. ; Southern kinds, 4
dol. to 4 dol. 25 c. ; Richmond City Mills, 6 dol.

6.000 bushels western corn sold at 48 c.
250 barrels whisky brought 10 c. to 191 c. 20 c. is
more generally asked. _ _

Pro;isions Were steady to-day, with moderate sales

The rates of freight are :—TrAiverpool : J. to 7-16 d.
per lb. for cotton in square bal s, and id. in round ; tur-
pentine and flour. 3s. per barrel. To London : Navel
stores and flour. 3s. to 3s. 3d. per barrel. To Havre :
Co:ton, Itol c. per lb. ; ashes,-8 dol. to 10 dol. per ton ;
rice, +lO dol. •

The Charleston Mercury of the :Bth inst. says—" The
accounts which we receive from Tallahassee, and neigh-
bouring counties in Florida, in regard to the crops, are
bighly,gratifying. We learn that both corn and cotton
are doing remarkably well. A few more weeks of favour-
able weather, and the former will be beyond the effects of
casualty. The weather continues dry, and has become
quite warm—as warm, we are told, as it will probably be
during the summer. Under the influence of the dryness
and warmth, cotton is growing finely. Vegetables and
fruits are rapidly ripening.
The South Carolinian of the 11th instant says—" The
wheat crop promises to be the best ever grown in the
south, and in South Carolina there will be harvested
double the quantity ever produced in one year. The oat
crop will be good, and rye and barley never were better
Of the corn crops we have flattering accounts from all
parts of the state.