The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1843-01-17
From he NJ Y. Union.
From our Special Liverpool Correspondent

LrEnrOOL, Dec. Z, 1872
When wrote the day before yesterday, we had a
rumor here about the China affair, which few be-
lieyed. However il is true.
| the EMPEROR DECLINES To RATIFy Tan TREATY.
The treaty agreed on by Sir Henry Pottenger and
the three Chinese commissioners, was taken to the
Emperor at pekin. His celestial highness declined
TO ratiy ton the plea that, according TO the et-
q"ete oi ms court and country the Queen OF Great
br tain must sign II before him. He protested him
sell willing 10 send an ambassador England. Only
one hall OF the first instalment had been paid. The
Engllsh took II, suppose on the principle that half
loat was better than no bread IL has been sent
home by the Blonde frigae.
We look on decentralization a subie,tage 10
gain time This going out 10 England, by long sea-
residence the e,-and return TO China, will occupy
nearly year, aud that is great delay We must, of
course, keep up our iul military aud naval force
subject to the chance OF the climate diminishing
them, as II did before.
The Chinese think cheating, lying and treachery
the true cardinal points OF diplomacy. They chuckle
awfully at the idea of thus humbugsicg John Bull
Ia one word, We apprehend, that shall have to do
the lighting all again, by and by No doubt they
VIII improve the time, and prepare for the renewal
OF hostilities. The British should have pushed for
Pekn at first They never should have allowed Chi
etiquette to get the better of them The inten-
ton was 10 Withdraw most of the troops TO India,
leaving small portion under the command of Lord
Saitoun. Thf, SUPPOSE will not be carried out
The whole armament must remain in China.
The news has struck damp into the heart of the
enterprise which had been commenced on the parts
OF tho commercial men.
The Queen prolonged her stay at Walmer Castle
until Saturday, when, with her husband and family
she returned TO Windsor IL is supposed she will pay
an annual visit to Walmer During the last few DAYS
of her residence there, she afflicted with a
sweiled eye--the con equence of a cold.
There is report that the visit of the Duke Of Cam
bridge and family, 10 Bordminton, the seat of the
Duke If Beaufort has for its obj ct 10 arrange the
marriage of Prince George of Cambridge with Lady
Augusta Murray They say that the Queen, though
with great reluctance, has given her consent TO it.
The Prince is not iuch q catch for the lady, as he is n
very dssipaed young man, and Of an imperous tenn
per.
Lord Cardigan has got into another mess One of
the Junior officers Of his regiment has lodged for
NAL complaint against him with the Duke of We'll
lington, Now his Grace knows distinction of
persons If Lord c. has committed himself as is
very likely, his Grace will undoubtedly haul him
over the coals-whch Lord Hill was afraid 10 do as
the offender Peer.
Poor Lord Hill is on his last legs. His death is
da expected. lie is turned 70, and will die of
regular decay of nature. The Duke of Wellington.
who is in his 74th year, rode twenty miles one day
last week to Cover hunt for five hours, and rode
back twenty-f miles the same day. His Grace is
a bad rider Gas all military men are aud is perpctu-
ally tumbling off his hunter.
mere are several reports as 10 reefs financial
measures during the ensuing session These are
/. The reduction Of the three and half per
cents.
2. The reduct on Of the interest on Exchequer
Bills.
3. The admission of Brazli n sugar at reduced
duIy-ahd
4. The alteration Of the currency laws.
The second and third items will probably be
brought into operation. The treaty with Brazil now
pending is understood to be the principle of let
ting foreign sugar at low duty. The interest on
Exchequer bills will bear reduction.
To reduce the three and half per cents. to three
per cents, would take more money than Peel can
spare. About two millions sterling are in the three
and half per cents and each pc son holding such
stock may demand, If il please him, fI00 cash for
every 100 stock IL the holders to pull toge-
Their, the project would be knock ed on the head
As for the currency question, Peel bungled it
before His best step would be--to leave 1t alone.
tie can scarcely bring back the pound notes to
England, and he dare not abolish them in Scotland.
Much opprehensions entertained by the farmers
as regards the intended admission of corn and -four
from Canada, at reduced duty. This would let in
the United States produce.
American pork and beef continue TO sell well but
there great complaints of the in which
they cured The papers are crowded with dis
cussoDs TO the comparative cheapnes of these
tcles of consumption, well their Dutr,ive quail
tiles The meat is generally considered wholesome,
but rather too fat In Liverpool, the sale is very
considerable.