The New York herald., 1845-02-20
TWENTY-THREE DAYS LATER
FROM EUROPE.
ARRIVAL OF THE
STEAMSHIP HIBERNIA.
Firmness In the Cotton Market.
MINISTERIAL CHANGES.
SPECULATION IN RAILWAY SHARES.

MlNlNIEklAh CHANGES.
SPECULATION IN RAILWAY SHARES.
! BY an express from Boston we have received
| files Of papers from Liverpool and London to the
Sd and 4.h inst, brought by the Hiberna, Captain
Ryrie.
Arrest and execution of the Spanish Insurgent
| Chief Zurbano.
| Dangerous sickness Of the Pope ofRome.
| No news of the missing packet ships.
| More memorials to repeal the duty on cotton.
| Sir Charles Metcalfe made peer under the title
Baron Metcalfe.
| Meeting of the conservative party in France
Reply of the Ministers to their address. Reply of
the King to the Chamber Of Deputies.
The papers contain very little news of Importance.
The money market was very easy, and cotton
Iemains at previous quotations.
Parliament opens this day, and had the packet
waited few hours longer it would have taken out
| the Queens speech. The general impression is,
that Ireland will be alluded to in soothing terms,
| and that another modification of the sugar duties
| will be announced. We have alluded elsewhere
to the ministerial arrangements and to the resig-
nation Of Mr.. Gladstone. Since that paragraph
was in type, the feeling has increased that the su-
gar question has driven that gentleman from the
| cabinet.
There has been a very large business done in
most descriptions OF merchandise since our last,
and all of bona fde character. The arrivals have
been large, from all parts, especially from the
East and West Indies, but the exports have
been exceedingly light. The tendency of prices
| is downwards, owing to large stocks being in
hand, and heavy sales being pressed on the mar.
ket. Until the financial plans of the ministry
are made known, it is not at all improbable
that business is commercial circles, may be, in
advertised inward is large. There is scarcely
is not afforded fhe iron trade has rallied i'm
mense!y since this day twelvemonth; owing to the
extension OF railways, 1--WE were going to say in
all parts OF the world but certainly throughout Eu-
| rope as well as at hOme)
| ENGLAND, THE ZoLLvERIN, AND AUsTRIA.-The
nature OF proceedings takenin England towards the
| rein question Of interest in Germany. No credit
is given 10 the idea OF revival ofthe negotiations
because it is alleged that the propositions Of Eng
land tend to prevent, for a certain lapse of time
any rise OF import duties in Prussia on English ma
nufacures, such as twists and woOllen and cotton
cloths. On the other hand, il is said that the Eog.
ish government hopes 10 obtain concessions in the
admission of her iron articles. All these schemes
are not likely to be realised 1t was supposed that
supposed that Austria would effect systematic re-
form IN her tariff of custom house duties, as to
i
| rein but this suppostion was unfounded, for the
| Austrian government prefers augmentngs its re
sources by indirect imports rather than to levy di
rec taves il considers the system il has adopted az
| protective of trade. The Austrian customs yield
about 20 600, 900 forns Convention money per an
mum, about 100, 100000 FRANCISCAN enormous
amouat' but there are about $1,000 persons en-
/ ployed in the cnstoms whose combined salaries
amount to nearly 40, ,000, 900 francs
1t is understood that Mr.. J. H. Palmer has gone
again to America, to endeavor to get settlement
OF the claims OF the creditors of the New York
Trust Company, and that it is proposed to accepl
9O the contract price Of the stock, with the three
years and half interest overdue, taking it at FIVE
per cent instead Of six, as originally stipulated, al
| an arrangement which would meet the wishes of
| a majority Of English holders.
The debate in the French Chamber of Deputies
| is generally regarded as securing the Ministry in
| power another session. On Saturday there were
two divisions on the Tahita affair, the number
| being close, and the voting open. One of the
| divisions was near that the Opposition claimed
the majority, but the President decided againsl
ballotwas not taken until Monday, when Minister
mad a majority of eight. This excited the more
surprise, as every one regarded their defeat at
certain, and it appears they would have been
come 10 their aid. i was mere struggle for
place; but the general tone Of the debate in the
Chambers, as we'll as in the Peers, was, if not
friendly, much less acrimonious towards England
than the debates of the last and the previous ses-
sions. The alliance with England appears to be
now as firm and healthy as 1t was before the time
| when Lord Palmerston broke with Theirs
The King received Ministers on Monday the
9th, after the sitting Of the Chambers, and in pre-
sence OF the royal family, by whom he was sur
| rounded, expressed his concurrence in their gene
raj pOlcy, conveying, at the same time, his appro
baton OF their resolution to continue steadfast in
the course sustained qy compact and undivided
majority
the meeting Of the Chamber OF Deputies on Wed
nesday, the 10Th, WIS at the opening 40, which
swelled at the close to 21l. The adhesions to mi
nisters OF hitherto dissenting members were no lees
than forty.seyen. deputation was named to wait
on the President OF the Council in the name of the
whole assembly, to ask the cabinet, through him
TO continue the direction of affairs. Marahal
cabinet, that neither he nor his colleagues would
desert. The Minister for Foreign Affairs replied
) to the same effect. The King delivered the fol
| lowing reply to the address,
| Messeurs the Deputies,
al thank you for this loyal address 1t will contribute,
with that force which attaches itself to everything that
emanates from you guard the future against the dan
which the blindness Of passion often draws
the people mutual regard for justice and for
20 honorably re.sstabIshed between France and
which animate the two governments Thanks to your
to the you have lent
given to our n.tuti country protected by D
vine enjoys that alwaysncreasng prosperity
which constitutes the glory oil ny reign, and, may
be permitted to say it, my consolation And instead oi
seeing neghborng nations fear that the force and power
France may be employed in the ravages war
psgaon Revolutionary anarchy, have inspired them
with just confidence that and power
shall be for them as for ourselves pledge Of peace and
| escurity.
We read in the Canstituaionnel that the Minis
ter of the Interior is reported to have made known
to great many memb, RS that the chamber will be
dissolved after the present session. and that the &c
neral election will be held in November"
spain.
The capture and execution of Zurbano, in Spain
is the only intelligence from that country worth
narrans. The pr. vious accounts, which stated
that he had succeed getting over the frontier
into Portugal, caused the OF his arrest to ex-
cite much surprise as well sympathy. Narvae7
is now freed from an onponent whose vengeance