The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1841-02-03
From the Boston Post.
Late and Important From Europe.

The cotton market continued in favorable
state. The condition Of money matters were
also favorable.
There is no change in The political affairs OF
Europe. The latest accounts from Paris are
considered favorable TO the continuance OF
peace. There is nothing further from Spain
and Portugal. The news from China and the
East Indies. broush, by the overland mail. is
highly important. II is comprised 10 the fol.
Gazette Of the 9th -
"CHlNA, INDIA, AND EGYPT.
The Chinese question settled-tie lcar in Cabool
IS terminated-and MeEemet Ali is thorough
ly and efectualiy suJaued.
The in,elli gence from China is as crafty
ing as II is important and il is especially salts
factory because il bears with il this great zsst-
il was unexpected; so little importance had
been attached TO the progress announced by the
last overland mail 10 have been made by the
Chinese expedition. 1t appears, however.
that tie CtineSe question is thoroughly settled
that the occupation of Chusan, and the pro
ceedings of Admiral Elliot. have brough hi the
Emperor Of China to his senses. and that he
has offered TO send plenipotentiaries to Canton
or Ningpo, for the arrangement Of all matters
IN difference with Great Britain.
Shortly after the capture Of Chusan. Admi-
raj Elliot, in proceeding 10 the Pecho river.
was met by mandarin Of the third rank of the
Chinese Empire, though some accounts say
by the Emperor himself, while others affirm
that Admiral Elliot had arrived at Pekin, and
had an audience Of the Emperor
The Emperor has agreed 10 pay 5000 .00ol
for the expenses incurred bv the British in
making war; other authorities state 5000, OOOl.
sterling as indemnity for the opium seized. and
l,OO0,OO0I, for the expenses Of the war. The
Emperor, either himself or through his officers,
has expressed pacific intentions TO the Admiral,
and he disavows the actions Of his cemmission-
er LIN. This latter indeed. has fallen into
disgrace, and the Emperor offers to surrender
him into the hands of the British, TO be dealt
with as they may think proper.
Chusan is not TO be given up until the treaty
be signed.
IL is stated land certainly there is nothing
miraculous in the fact that his Celestial Males
~ should be so infuenced.) that the Emperor
Is greatly annoyed at our occupation Of Chusan.
and his Minister hnred that the Admirsrs
visit had prevented the march Of fierce soldiers
10 retakc the island !!
We are sorry to add that dysentary prevailed
among our troops at Chusan, and that the eli
mate was very unhealthy"
All parties do not look upon the matter in
the same favorable light with y Gazette, and
letter writer 4, Bombay say
"All these professions are reyarded as mere
pretence on tho part Of the Ernrrror to get rid
Of our force which is in ur tea \; proximity
TO his capital. The general opinion appears to
be that no good can be done until the Bogue
Forts ara destroyed, and that the Admiral and
Captain Elliot have allowed themselves to be
completely overreached BY the Chinese and
that an indefinite period will be consumed in
negociaions. Mr.. AstelI. formerly Of the
Company's factory. is Of opinion that affairs
cannot be settled amicaby. Mr. Clark differs
OH that point"
The Bengal Hcrkdru. also is dissatisfied
with the arrangement. 1t Itsays-" The Chinese
government will now swear that they have
made Us knock under that is again to say, that
they have forced rs TO GO to Canton to settle
prellmInares, and we shall be placed just in the
position ante bellum We have thss lost our
opportunity. we shall have our work to do a.
gain, and at last, we shall be obliged to do that
which we ought TO have done at first, 10 strike
at their heart
The opinion that the difficulties with China
were nearly settled was most prevalent however.
There is every reason to suppose that further
hosti,ies will not take place; and whether
this amicable arrangement; is based on terms
sufficiently Gathering to the pride OF The Eng
lish, is not Of so much importance 10 the United
States. as the prospect tha, the obstruction to
our Chinese trade is TO be removed. The
Gazette says
THE effects Of The Chinese intelligence
have heen already felt. The price of tea at the
time we write (three o'clock) has fallen seven
pence psr'lb.. willis, that,of East India cotton has
risen, The cause Of the former change IS OBJ
vious; the cause Of the latter is. that large
quantities Of cotton which, had the war con-
iinued. would have been shipped for this coun-
try, will, when the usual trade shall have
been again opened at Canton, be sent 10 that
port; and we aware that in August last
one native merchant (Jemset Jee) had in his
possession, waiting the turn Of events upwards
Of lo0,O 900 bales Of this article. Matters have
thus already begun to settle down 10 the level
Of wholesome standard"
The Bombay Gazette, OF December lst,
mentions a rum0r tha, the English ships had
forced the passage Of the Boccs Tier,. cap
,ured the forts, and proceeded on TO Canton.
The Cahool and Affghsnisan war has
been terminated. By our adviees thence, we
learn that Dost Mohsmmed after sustaining
another defeat. found il necessary 10 throw
himself upon the mercy Of the British. and,
accompanied By only single follower. had
placed himself under the protection Of Sir W.
M'Nsshten.
The sews from Egypt confirms the previous
account Of the submission Of Nehemst All
lbrahim Pacha was still with his army al
Damascus, To which he had returned in very
i'll health and beset by the mouu,ainecr'.
hoping tit was beleved) to avail himself m
the Napier convention 10 return to Egypi