The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-06-16


1t will be sent gratuitousy patrons in and out
Of the city.
The News from Europe-Our Relati. ms with
Great Britain.-The Oregon Tr saty.
We have received, by the arrival Of the steam
ship Great Western from Liverpool. highly in
teresting and important advices from England in
relation to our political relations wiah that
country.
We learn, by private letters from the best
authority, that the British government 'Aave re-
Gently exhibited the greatest anxiety Tor an ami
cable arrangement of the difficulties with dis
country, and were disposed to settle at once
upon the forty-ninth parallel, from the noun
tains to the ocean, and have only proposed the
navigation of the Columbia entirely on account
of the Hudson's Bay Company for the remainder
of their charter. 1t is understood that there shall
be no renewal Of the charter effected on exclusive
navigation Of the Columbia.
The British government have in this and in
other matters connected with our foreign al
fairs, exhibited a disposition to preserve the
present amcable position of the two countries
at almost any sacrifice. The abrupt and unex-
pected settlement of the Oregon question has
been produced, as we anticipated, by the COM
plexion OF the political affairs of Europe, which
we at present are not prepared to refer to.
The government of Great Britain not only has
evnced disposition to bring to an amcable con-
clusion all the points at issue, with this country
but has even in contemplation the offer of media
ton with Mexico, in relation to our difficulties
with that country. The British minister, at
Mexico, Mr.. Bankhead, has been author
lied to give the Mexican government to I'M
derstand, that no aid in any shape must be
expected from, or will be granted by his go
vernment.
This is certainly movement little antici-
pated here; but recent events in relation to
new loan in London, confirm this, and our au-
thorty for these statements is such as to leave IN
our mind no doubt Of the fact.
The United States occupies most glorious
position among the nations OF the world. We
have experienced the most sudden transition from
the most gloomy prospect in all our foreign
affairs, to the brightest and most gratifying view
of future filed with all the elements Of wealth,
prosperity and happiness.
The treaty with England settling the Oregon
question, has probably by this time been ratified,
and is no doubt on its way to London by the Hi
hernia, as express messenger, from Washing
ton passed through this city last night for Boston,
by special train over the Long Island railroad,
to anticipate the departure Of the steamer The
steamer of the 4th of July, from Liverpool, will
bring returns of its reception in London, and Of
its effect upon commercial matters on the other
side.
The AMERICAN TARIFr-Irs MoDIrIcArIoN.-It
is the general impression in political circles, that
the tariff will merely be modified by the present
session Of Congress, that no more reductions will
be made In the rates ofduty than these nodifica-
tons will require; and that these notifications
will be made more with an eye to a removal of
the numerous defects in thePresent act, than to a
reduction in the average duty. Those interested
in preserving the protective features OF the act of
1912, have abandoned all fears in relation to the
preservation Of that policy, and appear to be dis
posed let matters rest, feeling fully satisfied that
the wants of the government will compel it con-
tinue those Determinations for revenue which the
manufacturers have so strongly and pcrseveringly
advocated.
We have no doubt but that the ad-valorem
principle, proposed by Mr.. Walker, will be aban-
doned. Its adoption would be an experiment,
and we are not at present in a condition to deal
in experiments. The specific system must be
partially adhered to; perhaps not to the extent
now enforced; but, in many instances, its reno
val, for the establishment Of the ad-valorcm prn-
ciple, would require such reduction as would
seriously affect the revenue of the country for
centuries.
1t is not necessary, even were it possible, to
point out the defects requiring immediate remo-
val; as the whole subject has, however, so much
changed since the two plans have been submitted
to Congress- that it is difficult tell what the pre-
sent policy Of the government is.
Previous to the commencement Of hostlites
with Mexico, the principal object was revenue,
and it was anticipated that the average rate of
duty could be much reduced, without reducing
the revenue below the wants of the country; the
increased expenses of the government, growing
out Of our difficulties with Mexico, require a
large revenue from customs, and we do not see
how, in the face Of this fact it is possible for the
government to even contemplate the smallest re-
ducuon in the average rate of duty upon imports.
GENERAL ARMsrRoNa.-This gentleman, who
holds the office Of American consul at Liverpool,
arrived in the Great Western and proceeded i'm.
mediately to Washington.
We understand that he is the bearer of import
ant dispatches from the American Minister in
London to our government. These dispatches
refer, it is said, to the Oregon question and if
that matter is not already settled by treaty, it is
supposed that these dispatches will expedite it to
a final and satisfactory conclusion.
We learn from persons who have seen General
Armstrong, that he is in fine health and spirits.
His appointment to Liverpool has made him
hosts of friends there, and he bids fair to be as
popular on the other side Of the Atlantic rs he
ever las been on this.
ltwould be well for the country if all our con-
sulships were held by men as capable as General
Armstrong Our consular system would then
give high tone to American character abroad
LATE FROM THE WEST INDIEs.-The colonial
Legislature of Bermuda was opened on the 10th
ult. by the governor in person. He recommend