The New era. [volume] ([Portsmouth, Va.]) 1845-1847, 1845-11-24

averages-lf such misnomer can be applied TO a
scheme which very unfairly represents the actual
price of the article. This opening of the ports is
question SO important in itself. not only as i,
affects the trade, but what is of far greater
consequence, as il affects the general interest of
the country, that it absorbs every other topic at
| the present moment
morning paper stated, a day or two back.
that treasury order had been transmitted to. and
received at, the Dublin Custom House, admitting
grain free of duty. This statement turns out To
be incorrect; but it was generally believed-a
proof of the public mind being prepared for such
step on the part of the Government An evening
paper has published statement to the effect that
Wheat and other descriptions of Corn are to be
admitted Immediately at low igure--Wheat at
sxpence per bushel, and the other kinds still low
err; but this statement, although put forth mpo-
slhgiy, is also considered premature.
Cabinet council was held on Friday, at the
mousse OF Sir Robert Peel, as the Premier could not
leave his home, owing to an attack of govt in the
ieet. AT this meeting the question of the open
ing OF the ports was no doubt discussed in ali its
bearings, and expectation was on the qua Uiue to
know the result. Another Cabinet Council was
held at Sir Robert Peel's house the following day.
and the result OF this, as of the preceding meet
ing, stll remains mystery. People have been
anXiously looking To the London Gazette. ex-
|
menl policy, but they have looked in vain.
The Cabinet is said TO be divided on the noint
at issue, but no one presumes to think that the
| ports Will not be opened. 1t is the only thinu
about which people talk" Out of the fullness nf
the heart the mouth speaketh. The decision of
The government must speedily be known because
II corn rs tn come in duty free, every day adds 10
the dlhculty, as the time of the year is rapidly
approaching when not only the Baltic, but the
| La hp tho
CARDS the former, however, owing to the scarcity
which prevails amongst our continental neiphbors
! and the high price which grain commands there
much cannot be expected.
The great hope is in the United States and
Canada. The proof of the scarcity exists in the
tact, that most of the continental powers have al
ready opened their ports for the self same object.
and 1t is justly said, Why should England be
less considerable for its citizens than are the con-
tlnental rulers for thers?''
The great fact in all probability is, that Peel is
unwilling to act till he is armed with the strong
est possible reasons for doing so and in order TO
put cavl out OF the question he s said to be wait
ing for the report of the scientific commissioners
whom he has sent to Ireland TO investigate the
| potatOe disease. Some say that Parliament will
ne Immediately summoned to consider what OUGHT
| 10 be done In the present emergency
Prvy Council must be called ere the ports
can be opened, and no announcement of such
meeting has yet been made, some DAYS it is
probable, may eapse before the policy of the
Cabinet will be made public. The state of thiDos
In these Kingdoms at the present time with the
certainty of bread stuffs' coming in free, or at
the lowest nominal duty, mnst have consdera
BILE effect on the price of those commodities in the
| United States and Canadian markets
As proof of the diversity of opinion which
prevails IN the Cabinet on the subject OF rescnd-
ing the Corn Laws, even for temporary purpose
we may mention that another meeting was held
at the house of Sir Robert Peel yesterday after
noon
| CoTToN MARKET.-The Cotton market. as =
reference to our reports will show, continues in
depressed state; there is but little doing, and if
of the lest steamship. they may be said to be in
favor OF The buyer. The Cotton market reflects
so faithfully the general feeling of the commercial
world, that 1t may be regarded, and in fact Isl the
best index of the national prosperity or otherwise
A variety OF circumstances will account for the
depression which prevails foremost among the
number is the apprehension of a general panic
contingent upon The fearful stale of the potato
crops; and the absurd pitch to which speculation
in rails has been carried.
IRELAND.
The accounts from the sister island for some
days past, as regards the potato crop, of a very
serious and alarming character. The failure is
dreadful in the extreme, and the prospects before
the great majority of the lower classes truly hor-
| Tlfying. The authorities at Dublin Castle seem
to have directed their attention to the matter.
From the Philadelphia Ledger.
|