Iowa territorial gazette and advertiser. [volume] (Burlington, Iowa Territory [Iowa]) 1840-1846, 1845-12-13

And blessed them IN silent prayer.
EsrELLE.
HIGHLY IMPORTANT FROM EUROPE
.aRRIV.AL OF THE
Steamship Britannia
Terrible Railway Rerulsion in England nne
France Expected Famine an England
Proposed opening Of the ports-.Mectings
of the English ,.Cabinct-Depressioa IN
the Cotton .MGrket-Ercited feeling IN
England on the Corr! LaUs, sc.
We did not get the news brought by the
"Brittania" until last Saturday evening:
not in time to give it to our readers in the
last Gazette. The news by this ship is
as will be seen below, of the most in,por-
tunt nature. The calls of nature are like
ly to do in a six month what mos
powerful party in England have moi
been able to effect for years past-the Re-
peal of The Corn LaDs. We have not space
to give the News entire. But we copy
however, at much length, being confden,
that the Importance Of the news will justi-
fly us in the minds Of our readers for SC
doing. Below is to be found the most i'm
portant parts Of it:
Our accounts in commercial and finan.
cial point of view, are more important than
they have been for the last twenty years.
A terrible reyulsion has commenced Ia
England, greater than that Of 1925, and
similar to that of 1887 in the United States
This reyulsion has been produced by the
combined influence of a bad harvest all over
England and Europe, a bad monetary sys-
tenn, and the unthinking imitation in rail.
way speculations. All stocks, and every
staple is going down-except the price O
bread stutfs, which the impending famine
enhances and improves. This terrible
movement is just in its commencement
The first blow has been strickland il
Ireland, the ,aagitator O'Connell is alread,
using it for the purpose of opposition t
the union. The English government seem.
to be in state of alarm, and Sir Rober
Peel is calling cabinet after cabinet, to de-
liberate on the opening Of the ports, ane
the best means to meet impending famine
Cotton is down-corn is up-and the ex
element caused by the revulsion is increas
ing every day. What the result may b,
no one can tell-perhaps it is the s'begin
ming of the end" Of the financial and politi
cal superstructure of England and France
A Cabinet Council was held on Friday
at The house of Sir Robert Peel, as tn,
Premier could not leave his home, owing
10 an attack Of the gout in the foot. A
this meeting the question Of the opening o
the ports was no doubt discussed in all it
bearings; and expectation was on the gu
vive to know the result. Another Cabi
net Coiincil was held in Sir Robert Peel
house the following day, and the result q
this, as of the preceding meeting, still re
mains mystery. People have been anx
iously looking to the London Gazette, ex
pecting to see an official intima.ion of tn
government policy but they had looked i
vain. The Cabinet is said to be divide
on the question, in point, but no one pre-
sumes TO think that the ports will not
Opened. 1t is the only thing about whic
people talk-"Out of the fullness Of III
heart the mouth speake,h." The decisio
Of the government must be speedily known
because if corn ia to come in duty fret
every day adds to the difficulty, as the tim
of the year is rapidly approaching whe
not only the Baltic but the St. Lawrenc
will be closed by the ice. AS regards III
former, however, owing to the scarcit
which prevails amongst our continent;
neighbors, and the high price which graf
commands there, much cannot be expecte,
The great hope is the United States an
Canada.
i The proof of the scarcity conists in tn
fact, that most of the continental power
have already opened their ports to the S.
same object, and it is Justly said, sWh
should England be less considerate for j
citizens, than are the continental rulers (;
theirs?' The real fact in all probability
that Peel is unwilling to act until he
armed with the strongest possible reason
, for doing SO; and in order to put cavil O.
] Of the question, he is said to be waiting f
the report Of the scientific commissions
whom he has sent to Ireland to investiga
the potato disease. Some say that Parli
ment will be Immediately summoned
consider what ought to be done in Il
present emergency. A Priyy Coun,
: must be called ere the ports can be opene
and as no announcement Of such meetil
has vet been made, some days, it is prob
BILE, may elapse before the policy of t
Cabinet will Be made public. The st:
Of things in these kingdoms at the press