The Cadiz sentinel. [volume] (Cadiz, Ohio) 184?-1851, 1846-02-04
FOREIGN NEWS.
ARRIVAL OF THE STEAMER HIBERNIA
TWENTY DAYS LATER.

Inc long looked Tor steamer HIbeTnIa has at
last arrived. She sailed from Liverpool on the
4th instant, and arrived at Boston early on the
I23d.
The intelligence appears to be pacific, and ia
vorable to the United States.
Lord John Russell utterly failed to form mi
nistry, and Sir Robert Peel had to return TO
power.
Annexed is list of the new cabinet:
Sl Robert Peel, First Lord of the Treasury.
Sir ]. r. g. Graham, Secretary of State for
the Home Department.
Lord Lyndhurs, Lord Chancellor
The Duke of Buccleugh, Lord President of
the Council
The Duke of Wellington, Commanderin-
Chief
The Earl of Aberdeen, Secretary for Foreign
Affairs.
| The Earl of ITaddingon, Lord Privy Seal
The Earl Of Ripon, President of the Board of
Control
The Right Hon. H. Goulbourn, Chancellor of
the Exchequer.
Lord Granville Somerset, Chancellor of the
Duchy of Lancaster.
Earl Lincoln, First Commissioner of Land Re-
venue.
The Right Hon. Sidney Herbert, Secretary of
War.
The following are the new members of the
cabinet
The Earl ofDalhousie, President of the Board
Of Trade.
The Earl of Ellenborough, First Lord of the
;, Admiralty.
The Earl of ST. Germans, Postmaster Cen
eral.
The Right Hon. W. Gladstone, Secretary for
the Colonies.
The Presidents message had reached En-
Igland, and the effect it produced on the press
there was somewhat remarkable. In Paris il had
not the effect anticipated.
1t appears that fear of the indiscretion of Lord
Palmerston caused the disruption in the Wing
ranks.
There has been slight improvement in cotton
! The London Money Market closed firmly on
the Sd inst The quotations for consols were
944 TO 94B, being heavy. Bank stock is 203 tC
1904, and Exchequer Bills are 26s. to 28s pre-.
MUM.
Railway shares are quiet.
Lord Metcalfe has considerably improved since
= his return to England, from Canada.
: The French Chambers opened on the 26th ult
The Spanish Cortes is also opened.
Commercial AfairS.-The past year has beer
ore extraordinary vicissitudes, in its CONNER.
cal not less than in its social and political pha
n ses. 1t opened auspiciously. There was plen
ty of food, employment was abundant, capital a
bounded, confidence prevailed, and the machine
G ry of society worked harmonious and beautiful.
g The cotton trade, during the year, has expert
enced the mutations TO which we alude th
instability to which all things subunary are sub
+ ject. There was excellent business doing in ht
great staple in the earlier months; the price
4 not high or hopeful, was uniform; and the arg
consumption, with the encouraging feeling u
broad, was a guarantee against further depres
a sion in price. AT this period, and for some tint
' after, the consumption was greater than at any
:, former time in our commercial history. Th
5, public prosperity was so buoyant that capitalist
sought out new fields of investment; and the rail
way mania sprung up with ferceness which ha
}, never had parallel, and, it is to be hoped, will
6 never again find imitation. The elements CAV
the alarm.
'r They drenched the fields with supervou
\, moisture; and the confidence which existed CAV
j. way on the slightest appearance Of danger A
" Iarm succeeded-a panic followed-and, begin
: ming with the stags of the Share market, it ult
mately reached England's premier--forced o
him reluctant resignation, and for time redu
! ced the executive machinery to dead lock-
r The history of the price of food and the varyin
le appearances of physical nature, from the begin
" ming of the past to the commencement Of tn
>, present year, is in fact, the history Of the cotto
~ trade.
The Oregon Question. committee of th
London Peace Society have memouazed S
o. R. Peel in favor of settling this question b
u peaceful rather than by other means, whatevG
- provocation the British government may recev
10 to adopt a.warlike tone and policy. They ea
nestly deprecate war between the two nations
and urge the propriety of settling the dispute b
arbitration.