The Cadiz sentinel. [volume] (Cadiz, Ohio) 184?-1851, 1845-12-03

lem, ana the unthinRng lnlllon In railway spec
ulation.
All stocks and every staple is going down
except the price of breadshfis, which the i'm
pending famine enhances and improves. The
terrible movement is just in IFS commencement.
The first blow has been struck-and in Ireland
the agtator O'Connell is already using it for the
purpose Of opposition TO the union.
The English Government seems to be in a
state Of alarm, and Sir Robert Peel is calling cab
met after cabinet, to deliberate on the opening
of the ports, and the best means to meet impen-
ding famine. Cotton is down--corn is up-and
the excitement caused by the revolution is in
creasing every day. What the result may be
none can tell; perhaps il is the "beginnng of the
end" of the financial and political supersructure
Of England and France.
From the liverpool Times, Of Nor 4h.
Terrible RdiIDay reUuIsion,-The railway ma
MIA has received its quietus. Something like
panic has overtaken the speculators in iron high
ways Now that the reaction has come itbrngs
in its train ruin and devastation, and bankruptcy
to thousands.
The wreck of fortune and Of character which
this temporary insanity has produced, will be felt
long after the causes that produced it have pass
ed away. AS proof of the extent TO which this
huge system of swindling has been carried it may
be mentioned that even ladies' were not exempt
from its influence. The female friends and rel
atives of those who pulled the wires of certain
imposing puppet schemes, were in The daily ha-
bit of haunting the purlieus and offices of the
Shareholders, in the Metropolis, 10 watch the
market in order 10 turn their letters of allotment
to the best account! One Of the railway papers
mentions certain batch of female spectators,
who contrived TO realize, by this kind Of chlca-
merry, during the height of the mania, the astound
ing sum Of G500,000.
Famine erpected In England. d.-Htherto the
cycle of the seasons have befrended Sir Robert
Peel. Four good harvests in succession have
filled his exchequer--flled the stomachs Of the
lieges-made the nation prosperous--the people
contented. Alas! the scene is changed--the
evil day has come upon him, and has found him
unprepared to face it. Famine-gaunt, horrible
destroying famine--seems impending. Fears
have seized the public mind.
In Ireland matters look appolling--n England
gloomy The granaries of the continent are
exhausted. The corn fields of the Vstua, the
Danube, aud the Elbe, are barely sufficient for
the local wants of the inhabitants. The nation
is in commotion; and the cry of 'Open the ports
and let in corn duty free!' is heard on all sides,
Ireverberated from every part of the empire.
The stpressure from without" has made itself
heard in Downing street; and faith in the sliding
Iscalo--Peel's sliding scale-is gone forever A
third of the potato crop in Ireland is destroyed.
The Government has sent scientific professors TO
the scene of the mischief, and the awful truth is
out, that this large portion of the peoples food
the esculent that Goblet abhorred--s unfit
for use.
A morning paper stated day or two back that
la treasury order had been transmitted to, and re-
ceived at the Dublin Custom House, admitting
grain free of duty. This statement turns out to
be incorrect; but it was generally beleved--a
proof of the public mind beng prepared for such
move on the part Of the Government An eve
ming paper has published statement to the ef
feet that Wheat and other descriptions Of Corn
are to be admitted immediately, at low figure
wheat at siypence per bushel. and the other
kinds still lower; but tthisstatement, although put
| forth imposingly, is also considered premature.
A cabinet council was held on Friday, at the
| house of Sir Robert Peel, as the Premier could
not leave his house, owing to an attack of gout
in the feet. At this meeting the question of the
opening OF the ports was no doubt discussed in
all its bearings, and expectation was on the qui
ripe to know The result. Another Cabinet Coun-
Gil was hold at Sir Robert Peel's house the fol-
lowing day, and the result Of this, as Of the pre-.
ceding meeting, still remains mystery. Peo
'IpIe have been anxiously looking 10 the London
Gazette, expecting to see an official intimation
!. of the Government policy, but they have looked
in vain.
The Cabinet is said 10 be divided on the point
at issue, but no one presumes TO think that the
ports will not be opened. II is the only thing
about which people talk "Out of the funess o.
the heart the mouth speaketh." Tho de.
cison of the government must speedily be
known, because if corn is to come in duty free
every day adds TO the difficulty, as the time o.
year is rapidly approaching when not only the
Baltic, but the ST. Lawrence will be closed by
the ice. AS regards the former, however, owing
to the scarcity which prevails among our CONT
mental neighbors, and the high price which grain
commands there, much cannot be expected.
. The great hope is in The United States anC
| Canada. The proof of the scarcity exists in
tile fact, that most of the continental powers have
already openee their ports for the self same OBJ
liecl, and It justly said, "Wby should Englane
be less considerate for its citizens than are tbs
contincntallor thoirs2"
A Pdyy Council must be called ere the port
can be opeped, and as no announcement Of sucl
10 meeting has yet been made, some days, i i
probable, may elapse before the policy Of ihe ca
Ibinet will be made public. The state Of thing
In these Kingdoms II the present time, with thi
Icertanty Of abrend stuffs coming In free, or a
Ethe lowest nominal duty, must have a considera
'ble effect on the price of those commodities il
1.-The United SAtes and Canadian markets.
i AS proof Of the diversity of opinion whlcl