The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-08-11
SIX DAYS LATER FROM EUROPE.
STATE OF THE MARKETS.
THE POLICY OF THE NEW MINISTRY.
THE SUGAR DUTIES.
The Test Question for the Ministry.
Speech Of the Hon. Louis McLane on the Set
Element Of the Oregon Question.
SPEECH OF LORD JOHN RUSSELL.
&c. &c. &c.

The steam ship Great Western, Captain Mat
thews, ono of the most popular ocean steamers
with one of the most popular commanders, ar.
rived at this port early yesterday morning.
She brings advices from Liverpool to the 18th
ut inclusive.
The news is only interesting--it is no t impor.
tant
The packet ship Wellington, Chadwick, arrived
out on the 3d. the M6ntezuma, LOUDER on the
2lst; and the darrick, Trask, on the Goth
The produce markets were also in state OF
stagnaton. Colonial sugar had, of course, ex-
perieEced the blow which was involved in the
equalization Of the duties. The demand for ex.
portation as regards that article had ceased
The cotton market felt the depression--tempo.
rary, it vas TO be hoped-whch prevailed II
had been spirtless duringthe week ending on the
18th ult., mainly influenced, it will be seen, by
; the stagnaton which prevailed in the manufac-
turing districts.
In the manufacturing districts apathy existed,
increased by one two continental failures
In the woollen districts OF Yorkshire, business
had been less sensitive, with the existence OF
greater confidence In Leeds, goods at the cloth.
halls had moved of with toerable freedom. In
were low, and manufacturers cautious
The sales of foreign and colonial wool in Lon.
don exhibited, on middling and inferior kinds. a
decline of I'd. per Id. as compared with the pre-
vious sales. Other descriptions receded about Id
The weather, at all times an object of interest
is especially so on the eve of harvest. Since the
middle OF last month; when the intense warmth
which prevailed for some weeks ceased. show.
ers, more or less severe, had prevailed. Up to
that time the parched earth required moisture
since then it has enough and to spare Every
day during the present week has experienced
copious showers, which have certainly not i'm.
proved the grain crops, which now require sun
shine to rpen them. No great injury has been
done yet.
Grain in the Liverpool market on the 9th ult
was somewhat more firm, but the trade purcha
sed cautiously, and prices were but little affected
The potato disease, which cnused so much com
motion last year, has reappeared this year in va
rious parts of England and Ireland.
The import rate upon foreign wheat was raised
by the six weeks average to IS. per quarter, and
on -four to IS. I'D per barrel. Large quantities
of flour were daily arriving from the U. State.
and Canada, but how far they remunerate the ex-
porters will depend in great measure upon the
result of the coming harvest.
The American provision market continued toe-
rably steady. Beef was in good demand, but
pork is less So The inferior kinds of both have
been in more request. Cheese and grease butter
were lever.
The government had become fairly involved in
the meshes OF the sugar question. Lord John
Russell propounded his measure on the 10Th ult,
and the discussion its merits was to have
commenced in the House of Commons on the
oath; but in consequence of the death of his bro.
thei, it has been postponed until Monday
The debate would extend over several nights
and the result cannot be known until the mex,
packet.
The features of the scheme are briefly these =
The colonial duty of las is continue as at present
The existing duty foreign free labor sugar 23s id
It's TO be reduced at to ais and to apply equally
Of duties Is 70 extend FIVE years. dropping in the
first year shilling in the second eighteen pence, in
the third the in the fourth the same in the fifth the
same at the end of which time all distinction between
colonial and foreign sugar is to cease
This is outline of the plan.
Private letters received at Paris give detailed
account of horrible massacre of some French
and English at Madagascar
1t appears that the "a lure in the apple crop is
likely to be general throughout Europe.
1t is stated that the Russian government is in
CONSERVATION at the apprehended total failure OF
the present harvest.
The Hon Major-General Sir Hercules Paken.
ham, brother-naw to the Duke of Wellington,
will succeed, it is said, the Hon. General Stuart
In the governorship of Malta.
The firm of Hinck & Co.. at HAMBURG. have
just failed, and the amount which they are report
ed to owe is three millions of mares banco (about
E230,OO0)
The Vienna Gazette states that on the day of 81
Peter and Paul, the Pope issued general nnnes-
ty TO all political offenders from 1871 up 10 the
present time.
1t is stated that the Prussian ministry is on the
eve of crisis, or, at least, that some important
changes are about TO take place. M. de Flott-
well, Minister of Finance, has just rendered his
resignation, which has been accepted by the
King.
This has been the worst fruit season, says the
Liverpool Mail, of the 25h ult., that has been
known Tor several years past
Active measures are being taken to restore tran
guilty at the Cape of Good Hope. Two regi-
nients have been ordered thither, and further re-
Inducements are contemplated.
In consequence of the scarcity of corn in New
South Wales, and the necessity which has arisen
ior sending large supply for the use OF the troops
s,atoned there, 100000 quarters of wheat, adj
dlhon to rye and onts, will be forwarded for the
use oil the soldiers during the next six months
SALE OF HER MAJEsTY's SHIps.-Ou the 10Th
instant, pursuant to public advertisement, Her
Msles'y's ship Beacon, and steamer Sydenham.
were put up TO public auction. The former wa.
not soId,. she not having reached the price AT
which she was reserved. The latter fetched
ElO60, and was sold. Thus the beautiful vach,
built for Lord Sydenham, and presented - him
by the Canadians, and by him sold TO the British
government, has been destined to become the
property of private spectators, having been con-
demned as unfit for further public service.
The New PoPE.-Thc German journals relate
numerous instances of the Christian humility OF
the new Pope. 6 His cook (says one of these Jour
ma > one day served for his dinner seven differ
ent dishes Plus TX. sent for him, and told him
that, when cardinal, he never had more than
three, and that he would not now change his
habit. His holiness has reduced almost all the
expenses of his household. 1000 Roman scuds,
which were annually spent in rare plants, have
been cut off from the budget, and half of the
horses of the pontifcal stables have been sold.'