The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-07-03

| ciPaied from the Governments; and, thirdly, win
regard 10 the question whether the principle Of free
trade required a total exemption from duty. The
agrcuurlsts insisted upon the necessity OF protect
Ing native industry, which was total fallacy-ano
upon the injury sustained by the farmers from th'
| dimlnution in price occasoned by the late tariii
| which he positively denied TO have been the caus'
| of that diminuton. They compalned also oil Il &c.
| tuatons in the prices OF corn and he thought II
could not be too distinctly made known to them thai
the Legislature could not secure, and would not at
temp 10 secure, any certain price for their corn
Other articles might be kept at high duties; but
that was impracticable as to corn; the people must
have it, and if prices were high, duties must come
down The law of 1915, and the law of 1928, had
been imposed In order keep up the price of wheat
by high duties; but under these very laws there had
been various periods al which the agrcultursts had
come te Parliament with complaints of low prices
He then adverted to the corn law of the present mi
nis,ers The operation of the sliding scale,
which it established, was, he commended, to lei
In deluge Of corn in one or two months of
each years while the effect of a fixed duty
was TO bring in a steady and equabe supply
What his Lordshp chiefly complained Of was the
present uncertainty, SO injurious to the agricultural
vernmen to do one thing or the other, to be either
warm or cool, which transatlantic doctrine, he
said, would find many sympathisers here. He then
arrived at his third point-the principle on which
duty should be imposed If duty was imposed on
any article for revenue, he contended that it was
not only not unreasonable, but it was simply just,
that the foreign well the home producer OF that
article should pay that duty; otherwise there would
be violation of The principle of free trade, in ia
vor of the foreigner against the home trader. So,
too, if the agricuurists could make out their allie
cation Of burdens peculiar TO the land, counter.
vaiiing protection to them would then be pursuant,
not repugnant, to the principle of free trade. He
was, therefore, dislncliDed to lay down the broad
principle OF total abolition; he would prefer mo.
derate fixed duty
He had and read enough of the history of great
questions to be satisfied that often wisest avoid
by some fair compromise, the enforcement Of extreme
opinons-wness the of the slave trade and OF the
Roman Catholic disabilities He admitted that when
prices should rise to sos. 70s you must remit
your duty but such would be very rare; for the
importers would generally bring in their grain at
earlier period and to prevent that extreme RISE
He not socitous claim reputation for his party
the founders Of the free trade principles the OF
the country showed that they already had titles enough
TO the peoples confidence, from the days of the Hsheas
Corpus and the Bill of Rights to those OF the Reform
Act and the act for the abolition of slavery. He was
quite content therefore TO the principles free trade
carried to their fit extent by Ministry in which he and
hia friends had no share.
The motion OF Lord John Russell was defeated,
but by considerably smaller majority than those
which have heretofore met the efforts OF the dvo-
Gates OF modification Of the existing system of du-
ties on corn 1t is very evident that the cry Of the
starving masses in Great Britain cannot much longer
fail to exort from their oppressive Legislators those
concessions which justice demand. And what will be
he Of 1.e1 ny,
short of the prostraton of the arstocracy, and the
elevation Of the people to their rghtful position
In thousand forms the straightforward the masses
and the privileged orders is going on. We cannot
have any hesitation about the issue England must
very speedily give her starving multitudes cheap
bread, by reducing the present obnoxious mposts,
and by entering into commercial regulations with
this country; such as those advocated by MIR.
Webster, with that ability and truth which have
commanded in so unequivocal manner the respect
and attention of the press and government of Bri-
tain
OFFICIAL ANNoUNcEMENT.-It is announced Off
cialIy in Saturdays Madisonan, that John Nelson
ofMaryland, has accepted the appointment ten der
ed him by the President, of Attorney General of
the United States, in the place of the Hon Hugh s.
Legare.
That paper also says there is a rumor in circula-
ton In the city, in which are inclined to repose
some confidence, that the Navy Department has
been offered to the Hon. David r. Henshaw, of
Massachusetts,
COMMEMORATIVE annual period of the COM
mencement OF our colleges and great literary insti-
tutons has again come about and the names of tn
orators who usually appear On these festive anniver
saries are duly chronicled.
Among Others we see that at the University Of
Vermont, on the I'd day of August next, the annual
address will be delivered by Rev. o. A. Brownson,
of Boston. Rev George B Cheever, of this city,
has consented to deliver the address before the As
ISOLATED Alumni on the life and character of DR..
Marsh, late Professor OF Moral and Intellectual Phi
losophy in the University.
lathe commencement of Mlddlebury College will
be held on Wednesday the 10Th of August. The
Philomathean Society will be addressed on the day
preceding by George P. Marsh, Esq, of Burlington,
and the other literary association, by the Rev. Ly-
man Beecher, d. D., of Cincinnati.
Professor A. D. Bache, of Philadelphia, will de-
liver Grafton before the literary societies of Union
College, Schenectady, on the day before commence
ment at the end of July.
At the college of New Brunswick, in New Jer-
sey the address before the Societies to be given by
Mr.. Bigelow, an able and accomplished young law
yer Of this city.
The fifth anniversary of Williams College will be
celebrated on the 10Th of August. President Hop
kins delivers the Grafton.
The Commencement of the College of New Jer-
sey, at Princeton, occurs in September. The Hon.
VIM. l.. Dayton, Of the U. S. Senate, will deliver
| the annual Grafton.
| The LAST ELoPEMEYT.-We have received full
particulars of the most recent elopement, which from
the responsibility and standing of the parties has
created very respectable degree of excitement
Here is the intelligence from an authentic source
| ALBANY, July ], lsa3.
| DEAR Sra -