Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1846-04-11

other ordeal 10 pass through, the House O
Lords, where opposition will doubtless b
developed in formidable manner. Bu,
fierce as this may be, the measure will b
ratified. The current of opinion and ex
ertlon for change Ct commercial policy
is too strong to be resisted; therefore thu
result is about as certain as anv event
not yet transpired, can be. The Lord,
may make wry faces at the measure, bu
they must gulph it down.
Doubts are beginning to arise as tc
whether reduction of the English corn
laws will be as favorable and profitable
TO the producers of the Uuited States as
our own sangune calculations have led
US 10 suppose. 1t is now strongly urged
on the other side of the Atlantic, accom-.
panied with attempts at demonstration,
that the European producers will reap the
most advantage from the reduction OF du
ties upon bread stuffs; and the United
States most from the reduction of duties
upon provisions. The principal argu
ments in favor Of the Europeans are the
low price of agricultural labor on the con.
tinent, and the proximity of their ports
TO the British markets. Quite an elabor-
ate statement has been entered into, TO
prove that the United States will even
loose by the abolition of the corn laws
because, without being able TO compensate
for this diversion in another way, we shall
be deprived of the large shipments of our
bread s,ufs, which now take place through
Canada. This is a question, however,
which is debateabIe on both sides.
The failure Of several commercial
houses, indicates tightness in the money
market, occasioned to a considerable ex.
tent, no doubt, by the unsettled state of
EngIand's commercial policy, The cot.
ton market appears TO be getting more
firm than it had been for several weeks
previously. The corn market had been
dull, during the tendency of the excite
ment about the corn laws and the new
tariff The produce markets partake Of
the same apathy, oeing equally affected
by the financial measures under discus
sion in the Parliament. In fact, all trade
must necessarily be greatly impeded by
the slow progress oil the measures which
now claim the attention, not only Of Eng
land but of the world
The calamltous battle between the
British troops and the sikhs, in which
over thirty thousand lives are said to have
been lost, is calculated to cause us to be-
lieve that England will have her hands
full for the present, in managing the affair q
OF her colonial establishments. This is c
the most determined opposition that the
British arms have met with in the East, 6
and if followed up by the defenders OF
their soil, will render the subugation of l.
that country no easy or triAng matter. 6
England will find it prudent 10 bundle her c
troops off 10 INDIA, Instead of turning c
their faces towards Oregon, where rnuff7I
services will, ia all probability, be needed. d
The Slkhs, although classed with barba L
rians, have proved themselves to be men {
If skill and courage, and to enter tain I'M &
pacable hostility TO the advance of The
British in India The result will, OF
course, eventually be against them, but
not, perhaps, until they have left lasting
record of valor upon the wild plains OF
heir native land.-Alr. Messenger.