The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-11-21
The Foreign Nexys.


Pal o'clock Yesterday morning A thick fog was
ihrn hanging over that city. The steamer is now
IN her seventeenth day
The arrival Of this packet is looked for with a
good deal OF interest. by all classes in the commune
~ u "a expected that her news will be Of an i'm
Portans character in many points Of view, but more
especially in that relative to the markets in Europe
The state 81 the crops IN England, producing par
na revolution In our exports ihiiher, is Of TIE ut
most interest 20 our farmers, and their attention is
now turned, never before TO the same degree, TO
the lniei genee from the other side Of the Atlantic
II We receive our dispatches from the Britannia
by this mornings mail from Boston, We shall issue
an Erfra Herald in thirty minutes after they reach
AZ office
The Administration aud Mr.. Calhoun.
The position OF Mr.. Polk and his administration,
o. the Oregon question, and also the position of
Mr.. Calhoun and other distinguished leading poll
'icians, now begin to be very interesting and very
important. This arises from the influence in their
relative positions, which all those great men will
have the OF the future either in this coun-
Try OF In our foreign affairs. We cannot be mis-
taken about The position OF Mr. Polk. The
he-Pythoness OF his administration, the Washington
Union has again and again told US, that ne will take
his ground down TO 81 deg. 10 mn-tne whole of
the Oregon territory excluding entirely all right or
title on the part OF Engand-that he is not a candi
date for reelection all-and that there is great
deal OF interest felt for Mr. Calhoun al Washington
so much so that the Charleston Mercury, hitherto
supposed 10 be his organ is repudiated because
II does not consider the right OF the United States
to Oregon full and complete.
MIR. Polk, and the leaders OF the various ciioues
are now coming to close quarters. What the result
may be, no can tell. But II Is very evident.
that the Oregon question is going TO produce an
entire Reconstruction of the democratic party,
throughout the country, if il do not lead us
into foreign movements OF a most important mag
nitude. We know, from the best sources, the
whole character of the diplomatic correspondence
which took place between Mr.. Calhoun and Mr. Pa
kenham. during the period that the former was in
the Stale Department mr.. Calhoun made propo-
sition 10 Mr. Pakenham, dividing the country by
the SD parallel of latitude the line going round the
island Of Vancouver and making that the boundary
Mr.. Pakenham consulted his instructions, and de-
clined entering into any negotiation on such pro-
position, but proposed to settle the difficulty by arb
traton, or by umpire. This was peremptorily de-
clined by Mr. Calhoun, and there the matter rested
ponents of Mr. Calhoun discovered, II seems, what
he was about-passed bill in the House of Repre-
sentatives, taking possession of the whole of the
Oregon territory, and which came very nearly pass
ing the Senate had it been for the ne gave votes
of the South Carolina Senators. Mr. Calhoun de-
clared, during the tendency of that bill, that if it
mad passed the Senate, this country would have
been involved in war with England in less than
year.
twill be seen from this little diplomatic history,
which is perfectly correct, because we know the
correspondence which took place, that Mr.. Calhoun
was willing to negotiate and settle the Oregon
question, on principle of compromise similar to
that which prevailed in the OF the Northeastern
Boundary, under the management of Mr.. Webster.
Ne doubt the present administration of Mr.. Polk,
when he took his high and broad ground Of the
possession of the whole OF the territory, had in
view the position which Mr. Calhoun and his
friends had assumed; and accordingly we now see,
that In consequence of this assumption of the high
est ground-the whole American claims-Mr. Cal
houn in the south is naturally thrown into most
awkward and singular position, that will probably
lead TO his entire humiliation, and that OF his
friends party, looking for the succession in this
country. When the question comes up in Con-
gress, and the same law is presented, we have no
doubt the west, and large portions Of the democra-
cy of the other sections, will vote for it, and if Mr.
Calhoun and his friends in the south should vote
against 1t, they will be set down side by side with
Mr.. Webster, and become the Slamese Twins on
the British side Of the question This the policy OF
Mr. Buchanan, who, with most remarkable forecast
and singular sagaclty, placing Mr.. Calhoun in this
position It. not Mr. Benton who has his finger
IN this mysterious movement, but as we believe ii
Is the shrewd Pennsylvania Senator. All this fully
explains the extreme sensitiveness of the Charleon
Mercury On this question the administration will
certainly unhorse the great Southern statesman I'M
less he get out OF his present ground as quickly as
possible.
But yet we believe that the present administra-
tlon, whatever some of its friends may think, will
not be perpetuated beyond the present term. There
is another great and important man in the West
and that is General Cass-whose position on the TO-
reign affairs OF this country is even broader, and
stronger, and wider than that of any other man OF
the party. "What is your opinion OF the Oregon
question p asked politician in Michigan, OF Gen.
Cass. my OPINION" replied that distinguished
statesman is, that it is much better to fight on the
first inch, than on the last -
BALTIMORE AND LIVERPOOL LINE OF PACKETS
is now pretty well understood, that company ihas
been organised at Baltimore for the purpose OF es,a
blshng line ofpacksts between that port and Liver
pool--an organization, we conceive to be ofincalcu-
able benefit to city like that Of Baltimore. occu
pying, as she does the third rankin the maritime az
fairs of the country and enjoying peculiar facilities
in every branch Of trade and commerce We only
wonder that such course was not long since
adopted and in order to carry out their pro-
lect more effectually, we notice in one of their