New-York daily tribune., 1846-01-19
Change Of KnIe In Great Britain

ostb. Conservative Ministry Cf Peel and Wehtng'
m. nnd The return of tie Wings TO po'eer a'toer
the lead of Lord JOHN RUSSELL. Although the
constitution of the new Cabinet had not yet trans
nited. vet there seems rational ground TO donbl
that Lord John Russell viii be able to form Cabl
NET, and that he will promptly throw himself upon
tho country by dissolvng Parliament and trying h's
chances in q new Election. he cannot hope 10 Se'
on with the present Parliament, numbering an ad
verse party majority of hundred
The cause of this peaceful Revolution IS undoubt
edlv the Corn Law agitation. Great Britain IL
Commerce and Manufactures far surpasses any othe
nation in the world but her soil, under its presen
Arstocratic tenures does not produce sufficient iood
for the sustenance Of her Twenty Millions OF People
while overpeopled Ireland can afford her but an IN
ADEQUATE supply, and none of her vast and various
ssons throughout the world produces any con
s;derable surplus of bread .stufs. To maintain her
Commercial and Manufacturing ascendancy she mus,
.r,,l, the markets of the whole world with her
-aras ond fabrics and bring thence raw staples and
,,,ecoos metals in return. Free Trade is therefore
the obvious policy of her great Fabrcaing and Car
rvipg interes-since they can supply goods cheaper
than the nations with which they traffic, and cannot
90 advantageously produce raw materials, except
the useful Metals and Fuel But the interest OF the
Jaudbolding Arstocracy is directly adverse to this
Their extravaganza can only be maintained by
which subject the arabic soil TO rents rang
ing from Five to Fifty Dollars per acre, and these
cannot be paid if the agricultural staples OF the whole
world are permitted TO enter into British consump'
tion free of duty. Thus while our Governmentwas
engaged after the Last w ar in reducing our import
duties to a point which exposed our infant Manuiac-
lures to inevitable ruin Great Britain was rendering
her Corn Laws so stringent that no American Gram
or Provisions could enter her ports however low the
price to our farmer. Thus were our Manufactures
DESTROYED and our Agriculture left with no adequate
market for it's surplus. In the disastrous years I'M
mediatey succeeding, the ruin ofour Manufacturers
was speedily followed by that of our Farmers until
every third fourth farm in many townships passeu
under the hammer OF the Sheriff. We slowly learn
ed wisdom from this earbought experience ana
began timidly and Intellectually 10 protect those
branches of our Industry most exposed to Foreign
competition and this Protection we gradually in
creased up to 1928 when an act was passed nearly
emancipating our Industry from Foreign vassalage.
Notification drove us into n Compromise under
which we receded but 1912 Witnessed our return 10
the old platform We no longer look TO England for
the great bulk ofour Wares and Fabrics, and every
day decreases cur dependence. So With Germany,
Russia and other Nations, which were formerly exten-
siye and profitable for British goods but
have been driven into fabricang for themselves
This tendency has been observed with a naturally
increasing anxiety by the Manufacturing and Trad
ing classes Of Great Britain, who have srug-
sled from time 10 time with increasing unanlmity
and energy, to make head against influences which
threatened TO restrict them to the markets afford
ed by the British dependencies alone. Bat the
Landholding Arstocracy is most powerful, and
has steadily batfed all attempts to overthrow the
monopoly of Bread. The avowals of Russell and
Melbourne of resolution TO reduce many OF the
higher duties doubtless contributed to their over
throw and hasicncd the accession Of Peel 10
power And now Peel with the Land and the
Lords at his back, with majority of One Hundred
in the House of Commons, bountful Treasury and
no formidable breakers ahead. abandons the helm
rather than oppose farther resistance to the rising aud
swelling spirit of Corn. Law Reform. True he sur.
renders to no present nor imminent necessity. and
we believe he might easily have stood his ground
for years. We believe he chose 10 resign rather
than farther sustain the Corn.Laws, and that his
sympathies with the Manufacturing and Trading in.
forests have precipaed their victory. Practically,
however, this matters not; the Corn Laws are DOOM
ed Peel can never again be the head of Conser.
vative Ministry-whether he openly Joins the Wings
or nominally remains Conservative he will be exc.
Grated BY the Tories traitor, We believe he will
give his aid to Lord John at least for the present;
and we shall not be surprised to see him made Peer
In order TO carry the Repeal through the upper
House, should the Lords threaten to prove intraca-
BILE. That Russell will secure an anti Corn Law
House Of Commons and carry through repeal or
great reduction Of the Grain. Duties we can hardly
doubt.
Yet the new Premier win not sleep on roses
He has the Queen heartily with him. and this is a
good point to begin with. He has also the grea,
bulk of the powerless People. and large majority
Of tho Commercial with nearly all the Manufactur-
ing interest. Money will flow like water in the ap.
preaching Election, and the Landlords will be op.
posed with purses ut least as heavy as their own.
We assume that they will be beaten and Russell
and Golden triumphant.
But that is only the beginning of the end The
repeal of the Corn. Laws takes away parl of the
Revenue how is il TO be replaced Cheap Su.
gar also is popular cry with the anti Conserva
tives; and the new Ministry will stand virtually
pledged TO cut down the present high duties on For
eign Slave.grown Sugar Nor is this all The In
come Tax the most productive and Just of the late
Ministry's measures has been the suhec, of most
vehement denunciaiion by the Wing organs how
can Lord John either retain dispense with .
These bat few OF the difficulties in addition
those which disasters in Australasia. difficulties
with regard to Oregon, Puseysm in the English
Church, and the danger, daily becoming more insi-
nent Of revolution in France the death of Louis
Philip and the Lighting up OF the flames of Jacobnc
war throughout Europe, will give the new Premier
a0Snaans employment and the prospect of a stormy
and brief administration.
-ine Ghanse OF Ministry will work no change in
the British policy respecting OREGON. Lord .Iobn
being as thoroughly committed as his predccesso,
the maintenance of the British prs,ensions in thai,
quarter. All 1--we hope from it is clear ,na
reason for renewing the negotiations so far 90
interruption has really taken place Jr,L,.-, :, .