Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-06-14
From ie " y. Herald and J0urta! Of Coruy,srcs
ARRIVAL OF THE GREAT WESTERN
sDAYs LATER FROM ENGLAND


important Political and Financial crisis appro aching
in gland-Another Defeat OF the Ministrv-
The Amendment Of Lord Sandon carried bv
thIrty'sH-Th" Great Corn Law Question fixed
for the Iih of June-Expected Dissolution nj
the PaFliament-No certain news Of the Pre-
sident S,eamship-Rumors about her-State OF
the Markets, SC.
The steamship Great Western, Capt. Hosken, ar
iINeu last night at the dock, at eight o'clock. She
was ielegraphed at five L. NJ. thus making the run
IN IA days. She brought as London and Liverpool
and Bristol dates TO May eth, her day OF sailing
aai Paris dates TO May 25h inclusive.
The Western brought ~ passengers and a large
and valuable cargo.
The news is very important and cxcitine.
Trade oiall kinds is dull IN England; the cotton
market exhibits slight increase in the demand but
little change in price. Money was easier and tie
funds very firm.
Nothing certain has been heard of the President.
we give al the reports relative to her.
The principal topic OF interest is the great move
ment IN parliamentary tactics and struggle for place
and power between the Wings and Tories |,
will be remembered that Lord Russell introduced
n measure To reduce the duties on SUGAR from "a :
to 36s., and moved that the house 20 into commit
tee of the whole on the question. Lord Sandon
opposed this with an amendment, which after de.
bate OF eight nights, was carried thus on the 18Th OF
May;
For going into Committee, 2sI
Against it 3l7
Majority against ministers, &c
Lord John Russell next day refused To resign and
said ihnt he should reserve the great test question
Of the Corn Laws for the ilh OF June. SIR Robert
Peel Immediately gave notice that, on the 27lh OF
May, he should move that tn House had no conf.
dencs in ministers. The duties on sugar are TO re.
main ms before.
STEAMER PRESIDENT.-There is no infor-
nation concerning the President that is 10 be relied
on. fresh rumour started in LONDON on the
9th ult. announcing that the Portuguese shin
Condo dc Palma, bound from Rio Janciro to Lis.
bon, saw a large steamer the 22d Of April in lat
% IL, long IC ,, steern. n. N. H. under sail
making no use Of her steam power. IL was at FIRST
conlecturcd that said Steamer nigh. have been the
President, but the conclusion was that il was the
Dee, since arrived in England.
In London, the bankers were decreasing their Il.
elites, and money was more difficult to he obtain
ed. Many heavy failures had taken place, particu
lady in the Wcst India trade. The exchanges con-
unued, however, favorable, and good was some
what dearer IN London than on the continent. This
was the result Of tho denrncss Of the currency i'm
England, rather than Of actually favorable CONNER
cial balances.
In the manufacturing districts, the gloom and
stngnntOn OF business rather increased than other.
wise, and working short time, had become more zen.
crnl. The cotton market had consequently suffered
further depression Of ! h. with small sales. Ma
ny failures had occurred IN Manchester. In Amer.
can stocks there was no let up Few transactions
had taken place.
THE GREAT EASTERN TREATY.
This deed which had only received the initials o
the Five Powers has now beer fully settled by all
five, and most cheorlully Ivy France. So ends that
/ NOISY affair.
THE TEXAN LOAN.
ola Prcsse" states that the issuing Of the Tcxiar
| loan had been received with such general dis1ppro
baton and disTus,, that the firm Of J. LATTE, which
had undertaken 10 bring il out, and had inundated
the country with its prospoctuscs, was obliged e
/ abandon it, Standard.
Private accounts from Paris contradict tho state
| mcnt IN IN Prcsso" newspaper, that the housc o
| Lohttc Co. have Withdrawn from tho Texan loan
and, on the contrary, affirm that they arc proceed
ing with II, and arc, indeed, bound by special con
| tract ~ DO so.-Timcs.
| Correspondence of the Herald
LONDON, May 2Gth, 1911.
| AS stated in my last, Sir Robert Peel did maxi
| his speech, and Ministers on division were de
| lcotcd by &c on the sugar duties amendment o
| Lord Snndon, which has determined Ministers Il
Dissolve Parliament, and cast thcmsolv upon thci
county. The ilh June ha' been appointed by Lor
John Russell for tho discussion Of the reduction q
| the Corn Lows, md last night was tho timo hXc
| 10y the Chancellor Of the ENcheuucr for festorin
tic sugar ducs-but, before the question came or
Sir Robert Peel rose in his place, and moved
strong resolution, setting forth that the Parnmen
had lost confidence in the ability Of Ministers To cnI
ry forward the Government by the measures the
had introduced, and that their continuance IN ofFc
was contrary to the spirit Of the constitution. Thi
resolution he gave notice he should introduce o
Thursday, the 27th inst.
The sugar duties were restored or in other word
the poor Of England arc saddlod with m eRunord
nary tnx sugar Of five to siI cents in the poun,
more tn any other people IN the world pay for
merely 10 crafty a spirit Of monopoly, and the ny
20 risy Of handicapped nbolilionists.
II All the manufacturing and commercial towns nj
holding large meetings in opposition To the corn Law
sugar and timber duties. The cities and towns
Scotland particularly active on the subject; ~
the forthcoming elections will be the most excitir
III ;n,oor,an, ub,cb have ,ve, Lion So. IN En
!. land since the reform Of Parliament Already mar
candidates arc in the field, in anticipation Of di
solution. Before your next adviees from this eou