Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1846-01-29
TWENTY-FIVE DAYS LATER FROM ENG
LAND.
The Peel Ministry resiored-he spirit Of peace
The aScendent!

The Peel Ministry restored-he spirit Of peace in
The ascendeat!
The Steamer Hibernia reached Boston on Fri.
day morning last, bringing English papers 10 Jan.
4th We are happy to say that the news is highly
favorable for peaceful termination of the Oregon
question. The Boston Atlas of Saturday says
sour Exchange was crowded, and State street
perfectly thronged yesterday morning. with anx-
ious enqurers. We need scarcely do more than
say that the intelligence was most loyflly recev-
ed, and that smiling and happy faces were to be
seen all around us. The intelligence was looked
upon as eminently leacefu. The restoration of
the Peel Ministry is hailed as highly favorable
omen. All thought OF war, for the time, seemed
to have been dissipated-and no doubt seemed to
be entertained that some pacific arrangement would
be- ere long, adopted for the ultimate adjustment
of the Oregon question President Folks message
had not excited in England anything like the de-
gree of anger, which many people had supposed it
calculated to generate. On the whole--our fell
low-citzens seemed to make up their minds that
var was now, as 1t ought to have been before, en-
tirely out OF the queson-and that the relations of
peace and amliy, subslstng between these two
great nations, were not likely presently to be dis
turbed. There was a decidedly better feeling a
mong business men-the money market was easier
stocks rose and every man who breothed the
atmosphere of State street seemed to feel easier
and happerSo, Tar, at least, us our foreign affairs
are concerned-than he did when he arose from
his bed in the morning. We earnestly hope, and
sincerely trust that these suspicious prospects will
be fully realized"
We copy the principal items of news from the
same paper;
Trade in some of the manufacturing districts had
slightly improved
The alarm excited respecting famine is subsd-
ing, and the price Of bread-stutfs is giving way.
The Money Market is easier, and wild specula-
tons in railways have almost entirely ceased
With regard to the Flour Markets in England,
the monthly circulars state, that at present current
prices ruinous loss must attend an importation Of
flour from the United States"
The most important news, by this arrival, is the
unsuccessful attempt Of Lord John Russell to form
a new Wing Mlnisry-and the return Of Sir Rob
ert Peel and his party to office
Resignation OF The Peel Cabinet, Sc. On the 10th
of December, the Peel Ministry rendered IT'S resig-
nation to her Majesty, at Osborne House, Isle Of
Wight, which the Queen accepted. 1t is general
y believed that the difference Of opinion among
the members of the Cabinet, on the subject of the
Corn Laws was the cause of this resignation. We
copy the following remarks from the London Nor
nng Herald of Dec l2lh, and as the Herald is
still the Ministerial organ they are important. 1t
will be observed that the Herald calls the an
nouncement of the Times ofthe 4th ut respecting
the total repeal of the Corn Laws, an "iaidmous
fabrication" The Herald says;
ave stated yesterday that the whole Cabinet
had resigned. Such is the fact the whole of the
Conservative Cabinet goes out together, and we
have doubt will adhere to the Conservative par
ty. Whatever is Sir Robert Peel's opinion upon the
subject of the Corn Laws, the country may be well
assured that he never did propose, and IN office or