The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1841-07-06 00:00:00

FOREIGN INTELLICZENC2

UNITED STATES

The Great Western steamer arrived in Kingroad, Bristol.
on Saturday evening at half-past eight o'clock, after 14 days'
passage, for nine of which she encountered a continuance of
easterly gales, with dense fogs. She has brought with her
American papers to the 19th of June, and eighty-four pas-
sengers. She brings also the Governor-General Lord Sy-
denham's speech to the newly assembled Parliament of the
now united Canadas, which had been received by express at
New York on the morning of her sailing, for a copy of which
we are indebted to the kindness of Captain Hosken (it not
having been published in the papers at the time of the ves-
sels sailing). The arrest and detention of M'Leod is thus
referred to :

" A subject of her majesty, an inhabitant of this province,
has been forcibly detained in the neighbouring States, charged
with a pretended crime. No time was lost by the executive
of this province in remonstrating against this proceeding, and
provision was made for ensuring to the individual the means
of defence, pending the further action of her majesty's govern-
ment. The Queen's representative at Washington has since
been instructed to demand his release. Of the result of that
demand I am not yet apprised, but I have the Queen's com-
mands to assure her faithful subjects in Canada of her ma-
jesty's fixed determination to protect them with the whole
weight of her power."
Among the subjects to which the attention of parliament
is especially directed, is the adoption of measures for devel-
oping the resources of the province, by well-considered and
extensive public works. The Governor recommends the
improvement of the navigation from the shores of Lake Erie
and Lake Huron to the ocean—ethe establishment of new in-
ternal communications in the inland districts—works requi-
ring a great outlay, but promising commensurate returns.
A loan of £1,500,000 sterling for these and other purposes
will be negotiated under a guarantee of the Imperial Trea-
sury. should the British Parliament agree to the proposition
of Ministers to that effect.

The Governor recommends a large appropriation for miii-
tary defences, and states he has her Majesty's command to
say that " her North American poisessions shall be main-
tained at all hazards as part of her empire."
Nothing, we regret to say, was known of the President in
the United States.

Congress had been in a very disunited state ; its organiza-
tion had, however, been at length effected. A very lengthy
and angry debate, occupying two sittings, had taken place on
the release of Colonel M`Leod, which terminated in the
adoption of a motion to refer the matter to a committee on
foreign affairs, who now have it under their consideration.
Some of the speakers took a very warlike view of the matter ;
the majority of the members, however, deprecated such lan-
guage. Congress was also much occupied with discussions
on their financial deficit.

Of the bank project the Commercial Advertiser of the
16th says—" The bill for the establishment of a fiscal agent
of the government of the United States, intended substan-
tially to answer all the essential purposes of a national bank,
comes not in the form that we could most desire, and before
it shall become a law, it may be modified in some of its fea-
tures. But there are difficulties in the way, which those at
a distance can neither discern nor appreciate. It is our
opinion reluctantly formed, that a charter for such a
bank as the great • mass of the commercial and busi-
ness men of the country most desire, cannot now be
obtained. And in regard to the plan before us, although
doubts are entertained by some as to the wisdom and practi-
cability of some of its provisions, yet we do know that there
are those among the ablest and clearest heads who believe
that it will work well and answer every purpose. For our-
selves we certainly hope that the bill may be so amended as
to leave no question as to the opinions of those who pass
upon it, that a national bank, in the broadest sense of the
term, with power to establish branches wherever they may
be deemed necessary, is a perfectly constitutional measure.
Such is the established adjudicated law of the land; and the
contrary principle, or even a doubt upon the question, ought
not to be conceded."