The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-08-04
SUCCESS OF THE NEW BRITISH MINISTRY
Free Trade the Settled Policy of the
Premier.
THE COTTON MARKET FIRM.
Favorable Weather in England for
the Crops.
Activity in the
MANUFACTURING DISTRICTS.
Views of the New Ministry.
&c., &C., &e.

&C., &C., &c.
The steam ship Hi ,ernia, Capt. Ryrie, was te-
legranhed from the cupola Of the Merchants Ex-
change, in Boston, at an early hour yesterday
morn ng. The fact was Immediately transmitted
over the lightning line to this city.
Our advices from Liverpool are to the 10Th ult
inclusive.
treaty ratified by the British Government, under
the seal ofthe new foreign minister, Lord Palmer
ston.
This important document was signed by his
Lordship and Mr.. McLane on the 18th ult., at the
Foreign Office, and afterwards conveyed by des-
patch to the Hibernia by His Excellency Mr..
McLane, the American Minister.
In the House of Lords, on the 18th ult., the
Marquis of Lansdowne rose and said that it was
Us duty to lay before their Lordships and that
o~se, the Treaty which had just been concluded
.rween her Majesty and the Government of the
nited Stat,s, in reference to the Oregon Terri
Try. He had the satisfaction of informing their
ordships that Publications had that day been ex.
hanged.
% A similar motion was made in the House Of
'ommons by Lord Palmerston.
The new Ministry has got fairly to work, and
ne business of the country is again in state OF
progression
All the members have been returned without
opposition, except Mr.. Macauay and Lord Deb
rington.
In every quarter disposition exists to give the
new appointments fair trial; in consequence OF
the excitement now passed the country needed re-
pose, AMI with the exception of the Sugar duties
there was no prominent question likely to embar-
rass the ministry, or test their capability.
The affairs ofthis session of Parliament will be
wound up probably by the middle of August.
The great movement to reimburse Mr.. Golden
for the loss of health and money is progressing
apace. There seems every chance that tn,
hundred thousand pounds fixed upon as the max
imum OF the amount to be given to him, will be
raised.
Efforts will be made to raise splendid monu-
mentto Sir Robert Peel, by means OF Penny sub
scriptions throughout the British Empire, as an
expression ofthe nations gratitude.
The proceedings in the Houses of Parliament,
possess considerable interest.
Lord Brougham led the assault in the matter Of
blame attached to any one it was to the noble
Lord himself
Mr.. Duncombe wished to hear from the obe
Lord himself distinct avowal of his views on
the leading topics of the day.
Lord John Russell declined this categorical
analysis, but while doing so, said sufficient to
point the moral OF his future career Minister,
to the principles of free trade, to which he arosced his
uns'cerving attachment. Justice to Ireland, he
woutd literally carry out. but pith respect to the
stabiished church of that country, the Premier
thought it imprudent to NEEDLE in this early stage
Of the business.
The manufacturing districts were busy, and
confidence prevailed. The season continued all
that we could desire.
The cotton market was firm, with good stea-
dy business, and prices had an upward tendency.
The timber trade was in a more flourishing
condition.
The demand for Pork had been limited, and
the price had receded a trfe.
The market was bare of fine cheese, which
would receive good return Superior qualities
went off heavily at lower rates.
The accounts from the hop district represented
the crops as being in telerably fourishing state
The potatoe disease Of last year is doing the
work Of destruction to the growing crops The
same reports reach us from Ireland.
The iron trade had received an impetus during
the last fortnight.
The corn trade was in a lethargic state, owing
to the large quantities which were released from
bond fortnight previously, and the low duty,
which had more or less affected the market
SINCE.
The payment Of the July dividend, and the re-
lease ofconsiderable sums of money belonging to
various railway projects from the Court Of Chan
Gerry, rendered the money market buoyant.
Bank stocks and other securities had risen.
PARLIAMENTARY ELEcrroNs.--The whole Of the
Ministers who vacated their seats IN consequence
of accepting office have been reelected, with the
except on of Lord Morpeth, who, however, will
not be opposed. At Nottingham, Mr.. Feargus
O'Connor opposed Sir John Hobhouse, but did
not go to the poll. AT Plymouth, Lord Eb-
ringfon was opposed by Mr.. Vincent At the
close the poll stood thus, Ebrington, 7l4 Vincent,
1877. The only formidable opposition to a minis
terial candidate was at Edinburgh, where
Mr.. Macaulay opposed by the Dissenters in
consequence OF his vote ON the Maynooth grant
Sir Culling Eardley Smith poled 1872, Mr.. Macau-
lay 1875; majority 9O3. The election for south
Lancashire takes place on Tuesday next, when
Mr.. VIM. Brown will be returned, no other can
didate having appeared.