The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1842-05-31 00:00:00

says,—
le President proposes, then, that the Governments of
and Massachusetts should severally appoint a commis-
or commissioners, empowered to confer with the au-
es of this Government upon a conventional line, or line
cement, with its terms, conditions, considerations, and
lents, with an understanding, that no such line will be
pon without the assent of such commissioners. This
proceeding, or some other which shall express such
t beforehand, seems indispensable, if any negociation
tional line is to be had, since, if happily a treaty
e result of the negociation, it can only be snb-
Senate of the United States for ratification."
er of the Secretary of State the Governor of
I, that the executive of that common-
•esolutions of the legislature, autho-
necessary in the premises; and the
Jed a proclamation, convening the
n the 18th instant. Meanwhile Mr.
wing, towards the scene of the deli-
authorities, it was supposed, by his
business as the settlement of a na-
nding. He had arrived at New
husetts and Maine. Rumours
:d Ashburton had offered to pay
One rumour mentioned two mil-
her stated it, more reasonably, at

it in the national finances bad not been
removed. The Treasury of the United
recollected, invited proposals for three
the twelve millions loan authorised to
,f Congress. These proposals were to
of May ; but as no official notice had
roposals had been accepted, if any had
new stock had appeared in the market,
Standing were, at the departure of the
of the amount required had been sub-
as quite humiliating to the nation, that,
as she offered for the loan, the United
ow money to enable her to make good
rents of the government. The effect had
c feeling, which had begun to acquire
asury notes. bearing six per cent. inter-
discount of from to I; and Six per
nable after 1845, was offered, without

od stocks remained without much altera-
however, less disposition to operate, and
)ns had been chiefly owing to the absence
t speculative demand. Money was, it is
the banks finding it difficult to employ
less being dull.

Treasury had, in obedience to the
Representatives, submitted his project
riff bill. The whole rate of duties
s higher than those in any other
The secretary relied upon the
t, of the public lands to make up the
and on the repartition of the produce of
lions loa❑ over the three years to supply the
t Congress would not, it was believed, con-
ider the public lands to the Treasury, and it was,
neluded, that a tariff of duties higher upon an

roposed

to or four per cent. than that reported by him
be resorted to. Time was pressing, and as,
June. an immense reduction of duties would,
promise Act, take place, the prevalent opinion

, .
measure would pus to meet the exigency of
provide revenue, by means of a tariff, for the

ses of a

of Michigan had repudiated a portion of her
disgraceful fact was formally announced in a
issued by the Governor, John S. Barry. The
;ned by his excellency is, that the state had not
Le for all her bonds.

nge on England had advanced. The sales of
for the Caledonia were at 1084 to 108% premium ;
i been paid for first-rate city bills to appoint.
lrawn bills were offered at 108%. On France the rate
30 to 5 324 ; on Amsterdam, 39% to 394 ; on Ham-
-35 to 35%; and on Bremen 754 to 76.
The President had made a notification to the Senate, that
the Florida war was virtually concluded, and recommending
the establishment of an armed settlement in that territory.
The communication was referred to the Committee on Mili-
tary Affairs.
The revolution in Rhode Island, " a storm in a teacup,"

had excited considerable excitement throng

hout the

Union, w

s drawing to a close

All was quiet at Texas

The Tor Onto and Kingston papers are filled with accounts
the laying of the corner stone of King's College in To-
ato by the Governor-General, Sir Charles Bagot, whose
;eption at that place is described as most enthusiastic.—
le British vessel Great Britain, belonging to London, was
ecked in the river St. Lawrence, the navigation of which

accounts from Buenos Ayres are to the 11th and from
video to the 16th of March. Admiral Brown, with
had reappeared off Monte Video.
, at the requisition of the United
rnment, liberated several of the subjects of that
lic who were taken prisoners in the Santa Fe expedi-

uadon,

§aata Anna bad