The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-03-22
from EnyIand--six Days Later


Yesterday evening, our splendid News schooner
boarded the Packet Ship North America, .forty.fre
miles outside Sandy Hook, and procured for us highly
important intelligence fiom England-to the 18th OF
Februarv from Liverpool and TO the 18th from Lon
don. We are again many hours in adranee Of The
miserable rickety ridiculous, foolish, corrupt wan
street press.
By this arrival we have the important intelligence
of a breach in the British Cabinet, and the prospect
of an early dissolution of Parliament Conservative
principles are rapidly gaining ground IN the present
session of Parliament. The motion made by Mr..
Charles Iushington, in the Commons, TO remove the
Bishops from the House of Lords, lost by a
jorty of lo5. All parties astonished On Mon
day the Goth February the great test question, to de-
termne the fate of the ministry, take place in
the House of Commons 1t was TO arise on the mo-
lion made by Lord Egerton, to 90 into committee on
The Irish Municipal Corporation Bill Great prepare
tons making, to Try the chances of contest by
both parties. Even the Minister himself minated
that this debate would last more than evening.
All England was looking for the crisis
Annexed will be found the principle extracts which
our papers furnish us. The money market is still
gloomy. The ship news will be found under the
proper head,
Private Correspondence
LoNDoN, 18th Feb, 1887
will give you an important piece of news. The
British Cabinet is now secretly negotiating for the
possession of the Island of Cuba. Ii takes the form
of pledge mortgage for four millions sterling TO
be advanced TO the present government of Spain. |
understand that Mr.. Stevenson, your minister intends
10 seek an interview with Lord Palmerston the
subject II is now said that the negotiation has alarm
ed the French government and that they intend to
abandon all their conquests Africa in order to
any preext in England to take Cuba. The advance
on Constantine has been countermanded with this
view There is rumor also in the high diplomatic
circles, that Lord Palmerston intends TO get Cuba as
a check to the further advances of the United States
upon Texas and Mexico. The whole intrigue will be
completed soon will write you again. Mr.. Fay
and lady have recovered from the influenza. The
Wing Ministry is shaking. A crisis is at hand
LIVERPOOL, Feb. lS.-Wc are happy to inform cur
readers that the days of the present ministry num-
bered. The dlscsrd which dsturbs the cabinet pro-
NOTED chiefly by Lord Melbourne and Lord John
will not tolerate for day longer The base surrender
of the whole patronage of Ireland into the hands of
OConnel and Lord John protests that fhe be inter-
fered with in the distribution of that patronage he for
one will not remain IN office.
In short II has come TO this, that the administration
lsvrtually dissolved; and that the rejection of the
IRISH municipal reform bill by the House of Lsrds
will be made the excuse for Their retirement from Office
Lord John Russell was anxious that Lord Melbourne
should retire. leave him unfettered, and that Lord
Mulgrave should be made prime minister. This Lord
Mebourn did not object TO, but there were serious
and lnsurmountable objections IN high quarter
The result is, that when Lord Melbourne retreats
which will ben few weeks Lord John Russell and
ms colleagues must follow.
It's said good authority that there will be dis
solution OF Parliament There may not be immediately
on the change of the ministry, but dissolution must
be the result.-1fdiL
MONEY MARKET, London, Feb. 1.-THE usual
weekly meeting of the Directors of the Bank of Eng
land took place to-day; but, contrary 10 the general
expectation, il passed over without any measure be-
ing adopted in reference the monetary system of
the country Nothing at least, was suffered 10 trans
pre-.
The business transactedin the English Stock Mar
ket was limited, but an improvement of Ia per cent.
took place in Consols, which to be attributable
principally to the suspension the part of the Bank
of any further increase in the rate of interest on loans
made by that establishment. The last quotation of
Consols for money SO 7-8 and SO 7-S 90 for the
Account Exchequer bills remain 27s. TO 29s. pre-
1nium and India Bonds at IS. 10 SIS. premium.
The private letters from New York are more cheer
ing than for some time past the apprehension that
the four and six months autumna bills which fell due
IN the beginning of the year would not be regularly
met, had not been realized. Money, therefore, was
getting more abundant and confidence fast reviying
An Improvement of from 10 10 l5 per cent had taken
place Of the Stocks and the rate Of exchange
had risen to 9 IL to 10. The price of Bank Stock
was ! 10 l-2 TO 10
We have heard this evening" but cannot vouch for
the accuracy of the matter, that another London
Banking establishment has received assistance from
the Bank Of England, conditonay that il winds up
its business.
The following is letter from San Sebastian, of
the 10th February, on which reliance may now be
placed =
"The force under General Evans, including the vo-
lunteer corps, have been increased to about l60 600
men, including the division Of General Random OF
$500. This division consists of the battalion of the
Princess nfane and CASTLE regiments, and are in re-
markedly fine order. We shall probably move On the
Bidassoa, and attack Hernini. Lord John Hay and
the British marines will cooperate on the coast
Signals have been pre-concerted, by which Generals
Saarsfeld and Espartero will make Simultaneous
attack. The combined operations are TO be made on
the 18th or 18th instant.
The Carsts have captured the fort Of Larrage 81
tuate in Navarro, between Tafalla and Mendigorria
The Carlsts have taken the fort by storm, and made
the garrison prisoners.
The Duchess dc Berr is stated To have recently adj
dressed letter 20 the Queen of the French in which
she has slgnlhed desire that some Advancement
might be made by which the two families NIGH he
united and put end TO the exile of the one and IN