Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-05-31

word 20 the wise is sufficient.
Etxhs DAYS Lnter-Highly Important from
Standardization State Of the Brltish
Minissry-she Jamaica Bill barely carried
the French King still without a Ministry.
BY the arrival of the packet ship Orpheus, Bailey,
we have received our papers from London to the
9TH instant, and from Liverpool to the 9Th inclusive.
This is extremely short passoge-only % days fsr
packet ship. The Great Western did it in "A days
the last trip. Nl4 esr
The political Intelligence by this arrival is Of the
highest Importance. The ministerial difhc ulties in
England and France are rapidly reaching crisis
The Melbourne ministry is left with majority OF
6ve only in the Commons-and all parties begin
ming to act under state of great excitement. The
Chartists are increasing daily, and most daring
threats made at their settings. About 100000 men
enrolled and armed in different parts of England
AS the Melbourne ministry are defeated
then will the period Of eternal agitation begin In
France, every thing is yet afoat.
In commercial affairs, cotton is fiat and declining
and the money market any thing but easy. Gold is
still leaving London, and the state of the currency
and Of the Bank of England is such to create great
apprehension of commercial crisis. If political
crisis takes place in England, revusien in trade APP
pears to be inevitable. Ample details in our ex-
tracts. American securities are fiat.
The news Sunday, by the Great Western, may
be highly important. The British Queen will sail to-
day from London
Private Correspondence
LIVERPOOL, Sth May 1880.
The cotton market continues in an extremely dull
state, without any apparent symptoms of reviving
animation. The sales for the week to last Friday,
inclusive, were $3.50, at trihing decline On Sat
srday, the sales were 1000; Monday, 1000; and
yesterday, but 900 bags. 1t is really astonishing
that prices should be maintained in the face of such
unpromisng state Of affairs in the manufacturing
districts. The accounts from Nancheste to Friday
Night, state" This has been another week of almost
unexampled depression, both in the yarn and goods
market, accompanied by general impression, too
that things cannot improve until the production
auced to degree which, if carried into execution,
would entail great misery upon the operators During
the week, many extensive spinners have commenced
working short time, and there is doubt but that
during the next week, a much greater number will
follow the example I'M power loom CLOTH farther
heavy reduction must be noticed Of fully Al on the
rates Of this day Sc night; hand loom clotk is so
much depressed; yarns for export may be noted
per ID lower, with impossiblity to quit any great
amount TINS decfenson; yarns and watt Of first
quality for home use, rattle, easier today" The
various cotton manufacturing markets in the same
state, much SO that the Chartists assembling
in alarming numbers, and the government have
brought several regiments Of troops from Ireland to
distribute amongst the disturbed districts.
The weather continues mild and occasionally very
warm, and vegetation is making rapid progress
standing this, the duty foreign wheat still
continues at los Sd, and the London market rose
Is. per quarter on Monday
The present government still remain in Office, but
the decision Of what is called the Jamaica Cues
ton (which is under consideration will try them
hard some saw they will be beaten, as Hume aad his
party will desert them; but is likely that those
Conservatives who belong to the party technically
called Saints, will support them, their continuance
IN Office, for the present, rs extremely probable. BE
il NAV, the Conservatives ready and willing
to take Office at a moments notice. The places all
apportioned, and as follows:-Sir Robert Peel First
Lord of the Treasury and Premier; Mr.. Goulburn,
Chancellor Of the Exche quer; Lord Stanley, Secre
tary of the Colonies; Earl Of Huddlngron, ireland;
Lord Sandon, (our member) the Board OF Trade;
Sir James Graham, Home Secretary. The Duke of
Wellington was solicited to undertake the Office Of
Foreign Secretary, but declined, stating, however,
that he would act in any subordinate capacity un-
der the Peel administration Lord Aberdeen will
therefore be the Foreign Secretary. These are the
principal offices, and fitting opportunity only 10
wanting 10 carry the arrangement into effect. Yes
terday mornings papers brought the announcement
of the intended resignation of the Speaker after
Whitsuntde, owing 10 i'll health. Both Sir Bobert
Peel and Lord John Russell expressed their regret
al the and both testified the high sense
The Marquis Of Conyngham has resigned the office
Of Lord Chamberlain, and il is rumored, TO be sue
&c .ded by the Earl OF Uxbridge
One paper says that as the Queen was passing
through Pimco in the last week in April, she was
loudly Kissed BY the people, and was saluted with
various EXPLANATIONS in alusion to the Prime Minis
tiers unconstitutional familiarity al Court. We don't
believe this story.
The Grand Duke Of Russia was in London on the
7th of May. The Queen had received him gracious
w. and appointed her lord-in-waitng TO escort him
20 the different public buildings.
The papers, for once, silent about Lady Flsra
Hastings.
The Earl Of xbrdge is to be Lord Chamberlain
in the place OF the Maequis Of Conyngham.
Petitions are pouring into Parliament in favor Of
penny postage. Already 600 petitions have been
presented.
Charles KeaR was to close his engagement in Lii
verpool on the 10th instant. He sails for New York
IN the Liverpool steamer on the LIST OF August.
magnificent Gothic Cathedral, on the West End,
is to be erected for the Catholics 10 hold 10000 per-
sons. The Virgin goes ahead! The cost is to be
El50000.
Many leading Quakers in England are emigrating
60 Australia. Richard Hewitt and his brother are
going there.
The Lancashire Quakers are about to found Col