Burlington hawk-eye. [volume] (Burlington, Iowa) 1845-185?, 1846-03-12
Arrival Of the Cambria.

o n m ont h Late from Europe.
Great change in the commercial policy
Of England Sir Robert PeeFs tina,a
cial Schemes -Impsrtant reductions
in duties on .4merican Produce-pro.
position for the Repeal Of the Corn
LawS-lmporfani Ia The Cotton Mar
ket-igAtnsss in the Money Waka-
Loss Of an .7merican ressel. &c. &c.
The steamer Cambria arrived al Boston
on Wednesday night the 18th. with one
months later news from Europe. which
is of tho highest importance, both in pc.
lilical and commercial poin, Of view.
The meeting Of Parliament, the Queens
speech, the remarks of Sir Robert Peel
and Lord John Russell in relation to the
foreign affairs Of Grea, Britain; par,icu
larly with the United States. give a very
favorable complexion to the Oregon ques.
lion. Sir Robert and Lord John con-
denim The course pursued By Mr. Packer.
ham on the Oregon Question, particular.
" his refusal Of the offer Of Mr. BIZ.
chanan. without submitting it to the
consideration Of his government.
Lord John Russell is decidedly opposed
TO the increase Of the army and navy Of
Grea. Britain, and says that the only
need of any increase is The increase in The
possessions of that government,
The reduction of duties on American
produce proposed by Sir Robert Peel.
meets with much favor, and is expected
to increase the business of the manufac.
turing districts very much.
The accounts Of the various markets
are of the most favorable character, and
cannot but have very favorable effect
upon the prices of American produce in
our markets.
The London money market was rather
tight, and the quotations for stocks tended
downwards.
Lord Morpe,h has given his name to a
document prepared by the Peace Society,
recommending addresses from merchants
and other classes in this country, to sim
lar classes in the United States, in favor
of perpetual ami.y, and the reference of
all points Of misunderstanding to the ar
bitra,on Of disinleresled nations.
Dreadful Shipwreck. The Montreal.
trader between London and Quebec. was
lost on the l4,h January near Cape Chat,
and every soul on board persisted. The
Saxon. an American packet, bound TO
Londen from Boston, foundered on the
l7th, on reef Of rocks called the Lodges.
near Red Head. The Laurel, Of Quebec,
was lost of the coas, of Newfoundland,
by coming in contact with field of ice.
happily, the crew were saved The ship
Cambridge, from Liverpool, took off the
crew, thirty-,wo persons, from the Lord
Lynedoeh. in sinking state Lloyd's
books record the loss of the City Of Sh.
rass. in the Mindora Sea, with forty per.
sans drowned; the wreck of an Eas, In
diaman, and other calamilics.
Increase Of The .army.-I. is rumored
in mstary circles, that the army will be
increased $4,000 men, by the addition Of
two companies to each infantry, and .wo
troops to each cav.lry regiment. Three
commissioned officers, captain, and two
subalterns, will be appointed TO each Of
these companies and troops.
Wilmer & Smiths European Times,
of February 4.h says:
The steamship Cambria. Capt. Judkins
takes on. today the most important and
gratifying intelligence that ever left the
shores of Great Britain. Sir Robert Peel
has developed his future commercial pol
icy. The new scheme embraces the
principles Of free undergraduates all
protection for commerce, manuf aclures
and agriculture; admits corn, duty free, at
the end Of three years, with scale. in
the interim. which will probably oscilla'e
between four and six shillings per quarter
and al once admits Indian corn and buck
wheat free Of all duty whatever.
Great Britain, at the present moment.
IS IN blaze Of excitement, IN en- talk and
ihlnk Of nothing else; they have set their