The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-01-19
from the London Standard. Dec IL PM

the city, and has exclusively engrossed attention
All sorts OF conectures are hazarded respecting the
result, but, they are necessarily mere conecures
1t can serve no good purpose to repeat them. A re-
port has, amongst others, been circulated within the
last hour, that her Majesty has sent for Lord John
Russell, but we have not been able to trace the
rumor to any authentic source.
rFrom the London Herald Dec. l21
The time tor asceraining the true of the late
ministerial movement, has not yetarrived but some
reasons for the late change, SO plausible are in the
stating one which, in our judgment, has the great.
est appearance of probability. The mill owners of
the Anti-Corn Law League have, il is sad resolved
to make the corn laws the pretext for throwing out
OF employment some hundred thousand ab0rers
for whom the emulation Of their barbarous and fran
TIC cupdty, during the last year two, has really
lett no work. The mill owners Of the League are
beings capable Of sanythng and even without that
during excessive hours OF labor, and draining the
very life-blood Of women and children, they would
II they could, without great loss, stop their works in
order to- carry a political object. They boast that
they will do it in order to carry repeal Of the corn
| laws; and the boast, as we have before demon
straied more than once, may be credited, because
they must DO It, Their Unsuitable rapacity has an
ncipated the produce of two or three years manu-
features by killing their fellow creatures with into
cradle labor and If only to get rid of the odium Of
their monstrous crimes, they would charge the dis
ress that awaits the poor OF the manuIaeurng dis
rather than own the truth and their own guilt The
corn laws, however, present more obviously mark,
as laws that interfere with their immediate gambling
profits. They fiatter themselves that they could
empty their bursting warehouses in exchange for a
large importation OF foreign grain and therefore tits
that they have welcomed famine with disgusting
ladeceacy OF EMULATION, when they falsely hoped
ivcr Of all good, of scarcity Of bread there is not
the slightest danger; but we greatly fear
that spontaneous or Fictitious distress,
too certainly lowers over the manufacturing
IN hn Cthn
wise, after the overworking and overgaining of
year in which the capitals of mill owners have been
doubled. This distress will be industriousy ascrib.
ed to the corn law by its true authors and IT the
corn laws be maintained-as in justice and sound
policy they must-every artiice will be resorted to
to direct the rage of half million of starving and
desperate men against the legislature that maintains
them terrible conflict, and one the responsibility
of which the bravest man personally could wish to
shun, might follow the success OF the leaguers prac
tees In this respect. We can, therefore, scarcely
blame the statesmen who have left it to those who
helped to raise the storm to bear the consequences
OF their own factious dishonesty; and il the trial
were confined to the internal government of Great
Britain, we should say, give the Wings and
| not forget Ireland and the colonies; nor can we
overlook the foreign relations Of the country; and
| sweeping the whole OF our remote horizon, we can,
we own, see nothing to relieve the gloom created at
home by the return Of the Wings to office.
| From the London Times Dec. l2]
Sir Robert Peel has resigned, and
Lord John Russell has been invited to form a new
administration. Such Is the sudden and strange
event which has taken by surprise the whole polti-
cal world; and such the verication, if not the fulfil.
ment, OF the intelligence which yesterday week as
tonlshed our readers. At that time another conclu
sion OF the controversies which had evidently long
| expected. Sir Robert Peel had then gained over
to total repeal OF the corn laws all his colleagues
except three or four, with whose cooperation, il re-
port speaks true ne might very well haye dispensed
ad IuSfv1 nf nulo rs
Wellington, and his promise to propose the mea-
sure in the lords had also been settled to sum-
mon Parliament early in January for this pur.
and literal transcript Of the ministerial state
| and intentions. We had not even omitted
to notice the nsignifcant and doubtful exceptions
to the unanimity. Unless 1t had been possible to
| tell, not only what was In mems minds, but also
what might possibly enter into them, we are con-
WINGED that not even the cabinet itself could have
given truer account Of the state OF affairs. Sub
sequenty, however, TO the date of our announce
ment the duke withdrew his assent, and joined the
minority. The premier then felt that 1t was not his
place, or perhaps In his power to carry the measure
On Saturday, accordingly, Sir r. Peel informed the
and rendered his resignation: Her Majesty was
pleased to express great desire to retain his
vices, if it could possibly be SO arranged. Sir
Robert Peel could suggest no alternative, and the
Queen summoned Lord John Russell to her coun-
ellis. On Wednesday the whole ministry resigned,
and is now only holding Office till Lord John Rus
sell has selected Government to supply Its place.
From the Liverpool Mail, Dec. Is
That Sir Robert Peel has Undetermined at all
hazards OF honor and fame, violated pledges, and
public and private engagements to those numerous
supporters, who had raised HIM to the most ele-
waited position in the countrywe do not tor instant
knees at the sound OF Lord John RusselPs puny
trumpet, holding by the skirts OF Lord Morpeth, and
lmploring the mercy of Golden, four cotton spin
ners, six cotton weavers three bleachers, and
n hYar Of okero ufanf IF anna wn
The Cabinet had not agreed to a repeal Of the corn
laws; hence the intended meeting Of parliament,
IN the first week in January, was Hever resolved
upon hence the intimation OF the repeal could not
be arranged to appear In the Queens speech from
the throne and hence the whole of the boosted
priority OF intelligence, which the Times laid claim
TO-, was an impatient fabrication, concocted for
ed person whom the Times must know, and who, il
it ever expects to redeem its lost character, must
name and expose. To speculate upon the conse-
sence Of details, would be presumptuous. ALI we
shall say is that, if Sir Robert Peel has committed
himself to this wild design OF breaking up the
settled orders OF society, convuslng national credit.
the value Of corn lands, and running nne-tenths
or all the farmers in the United Kingdom, ne
WILL and ought to- perish in name and reputation for
ever In the wreck OF his own insensate Innovations
whom repeal Of the corn laws would exclusively
benefit. Those rich manufacturers alone who do,
imagine they do, chiefly depend upon foreign mar
kets. We deny that any sale dependence can be
placed on foreign markets, subject to the will, the
interest, the caprice, or the hostile position of for
eign princes, or unstable democracies. But we as
sumo, only for the sake Of argument, that these
markets, in which they realise profits, are to be
the avowed object of free trade in foreign corn I
To reduce the price Of corn in England II this
ducton be not effected, the repeal would be mere
deuson and fraud. Corn must tall in price, 9TH
Ise ia
or madmen. But admitting that the soils of Eu-
rope aud America were cultivated for the purpose OF
supplying the English markets with corn, and the
is at present. should fall TO 35s as is the Manches
ter calculation, how could British farmer afford to
grow wheat not only at his present ren-chaIge, his
taxes and the rate Of wages, but even IT his rent