Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-10-11


Correspondence ofthc y. Y. Coulter a Inquirer.
LoSpos. Sep. -, isii.
The junction OF the new Administration, which
was not completed ut the time Of your last accounts
from England, has proved to be altogether unsatis.
factory tn the public, and nflurs now appear TO b,
much less promising than was anticipated from III,
reports that the moderate men of both parties wcri
to be conioined in the business OF the State.
On the contrary, the principal Offices OF the Go.
vernment have been filled with i~nvetera,e Tories
even the Duke Of Buckingham and SIR Edward
knatchbull being now cabinet ministers, their app
pointments being considered by the country rs Ger
tain evidence that the new administration has been
formed on n bargain and agreement to oppose all
such change in the corn laws and the Introduction OF
the principles Of general free trade.
Amongst the other Cabinet Ministers are Lord
Lyndhursi rs Lord Chancellor, Sir James Graham
Us Secretary Zoe the Home Department, Lord Stan
lev, Secretary for the Colonies, and the Earl o. Alb
ctdcen the Secretary OF State, for Foreign Affairs.
As Immediately connected with American Affairs
and the difficulty arising out Of the affair Of Nc
Leod, it may be mentioned that the Ear of Aher.
deem (tho new Foreign Secretary IL, Of all these
men, the most proper Tor his post at such a time.
Against this reasonable and senllemanly Ear is,
however, the Secretary for the Coiouics, that tyran.
meal and very dIsagreeable character, Lord STAN
levi who will be m direct connection with the Ca
nadas, and whose influence in the CaOino, will he
very much more considerable than that of the Elrl
of Aberdeen.
Respecting the affair of Mcleod, rs viewed 10y
the new Government, nothing decisive has occurred.
nor is any thing known ot tLe recall of Mr. Fox
FROM Washington, or the appointment ofSr Charles
Vaughan IN his place, caution and reserve being
observed in q remarkable degree on all such sub
jects; but IN the debate in the House Of Commons
last night, Sir Robert Pee acknowledged that he
'vicwGd with great anxiety the state of all .iirs be-
tween England and the United States, and he hoped
that the good sense OF the people Of both nations
would cause the peace 10 he preserved" In every
probability the new Administration, after goading
the late Cabinet into the offensive position arising
nut oil the Justification of the burning of the Caro-
line, will now contrive to patch up the business, and
are dreaming OF any thing rather than the hazards
OF a war with the Republic OF the United States.
The Parliamentary business was suspended for
some days after the ministerial appointments, in
consequences of tho necessity ior the reelection Of
those members OF the House OF Commons who are
members Of the new CabinCt-bui these being con
cludcd IN the early pa I Of the present month, To.
Peel on Wednesday afternoon, with the greatest
nonchalance of manner, informed the Hou,e oiCom-
mons that moth nc was intended 10 I've done IN tie
present session of Parliament, excepting tho voting
the supplies and continuation OF such acts of Par
lament as Otherwise would expire before the mex,
scssuon-the lighting and ventilation of the House
of Commons, and something about the kitchen gar
den of kCnslnslon Palace-beinS all that this new
Prime Minister thought it requisite to talk about
until the month of February next. This speech OF
SIR Robert Peel has, however, given great offence
20 the public, and is considered as an insul. to the
national dIstress-but though further attacked very
vigorously last night 10y the Observation-Disclosures
ly by IFS leader, Lord John Russell, he pCrseverss
in refusing to do any thing, o. to make any dtcsre
ton OF whit he even proposes 10 20 IN February.
Very vigorous measures are IN the interim on loot
in the manufacturing districts, in the form of ad.
dresses TO the Queen, praying that the Parliament
be not p]Iogu-ucG until the corn and provisions laws
lie taken into consideration, IN accordance with the
recommendation in The opening speech from the
throne. All this VII However he unavaI!iug for
private bargain IS u-i eyed to have been made with
the Duke OF Buckingham, at the time, aud wi.h tho
ultraS uf The landed i~nierest-sOme nominal and
useless change IN the sliding scale Of duties being
probably intended 10 Ge announced in the month OF
February neTJ-and IN the mean time, there is a
majority IN the House OF Commons 10 do the bid
ding OF the ministers, and the troops TO suppress any
popular movements which the distress OF the man
uGctunng districts inay create in the course Of The
ensuing winter months. In the event Of the mas
scs being supported 10y the middle classes through
out the country, which sumo persons think will soon
be the result OF a perseverance IN the present course
ui ausIOcr1HCIl vengeance ana defiance Of the ira
ding part of the community, then The Government
may DC expected 10 suomi instantly 10
ces, and to repeal the corn avs, as there would
then be not the slightest CHARGE for any government
10 exist IN England, by mere military force.
Since your last Intelligence i.cm England, the
weather has continued favorable in the highest de-
gree, the autumn indeed magnificent, with all The
consequences Of the harvest being rapidly secured,
and a great improvement in the quality of every
'iHAAlIfAaill VI ElHAbs "a NAiia EliltH ilboANNF A"O~
thirds OF the entire crops may be said 10 be sccur-
81, and the state Of the weather remains perfectly
settled, particularly rs shown by an Unusua. over
spreading OF the nGits and hedges with spiders
webs, which is here considered Hmongs. the surCs:
s COS of a continuation OF dry weather, and It may
Le considered that the harves. Of the three kingdoms
is substantially secured from this time.
But notwithstanding this favorable result Of the
harvest, the corn markets have advanced TO the
highest rates, and the duties on foreign wheat aud
lDUr iaye fallen 10 the minimum Ot Is . grarfer
on wheat and Sd per barrel on -four Of 1856 lbs
The Importance Of this state vi the foreign corn
trade Is clearly very great to your merchants, and
therefore correct reasons are required for the guid-
nnce OF spCcuIalons, arising out Of the opening Of
the English market at the nominal rate u duty on
American flour. Ii is therefore to be Observed
first that the duty Of 81 per barrel on -four, only is
certain for a single week from Thursday last, tue
10th instant. Tn declaration Of the duty being
made weekly, and being governed by the returns TO
the Board of Trade OF tie prices OF the grain IN The
preceding SIX weeks. The average Of the Iast SIX
weeks was rs %, or only % above The rate whi,h
opens the ports at the lowest rates Of duty bus the
London market having not been lower on the last
two dnys-the averages will probably remain the
same Tor another wcck-hBd COnIscturing the pro.
LLbie further prospects OF the duucs-It may he
important To I've observed that the grain now about
10 be liberated At the minimum OF duty ii Of a SUI
peiEor ~qualIly-hayIng not been very long IN the
bonded Warehouses which were closed in q similar
manner IN the course Of the recent yCar--and thence
the quality being goOd-ond the quality OF the En-.
Elsh wheat also much improved 10y the late fine
weathcr-lhe probabilities are that the ports will
remain open or tho duty certainly not very high dl-
ring The whole Of The ensuing twelve months. The
rapid rec IN the duty 10 October and November
last, was owing to the bad quality, and therefore
low average value OF Scotch and Irish wheat; but
this not being the state OF the grain Of the present
year, there IS Il much more reasonable prospect Of a
steady trade to the English market ior several
months To come.
The state Of the market for American securities
continues to be much depressed; nor is a list again
tO be obtained for the present packet OF a character
which II would be prudent 10 enclose. Tue arfi.
val OF Mr. JaudOn has Unexpectedly much depressed
the market for the shares Of the Bank Of the United
States, as this gentleman thinks The creation Of the
late trusts" an insuperaD.c difficulty, en- gives
% rs his opinion TO the English shareholders, That
tho Bank would be most advaniogeousiy wound up.
The nominal value Of the shares Is IL los. 10 the
course 81 the present nfteroOn.
There IS nothing important un domestic lTiirs-
but IN Paris another attempt has been made upon
the life Of one Of Me Royal iami ihg Dsc DAu-
male. NJ. hotuu-cr, the iu'c u-out CO. ina Bank OF.
tie u. States, died BOO 'hat capital few DAYS s.nce..
The uccOuchmcut Of lUf q 4ccn Of Ens.aud IS *
pcctcd in about three weeks.
a fumor prevailed last night that Cupt. Ward.
the member for MIddICseI, had been killed ina duel
with the ElH Of CardIgan-bul the report Is 40
believed thIsnltornoon.
OFFICIAL.