Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1846-02-21
VERY LATE FROM EUROPE.
xRRIvAL OF THE srgAMsHIp CAMBRIA

ARRIVAL or THE STEAMSHIP CAMBRIA.
rnooa THE baltimore SUN (ExrnA) OF IEsrraDAi
Great Change in The ConlnerciM Policy Of Greg
Rritais-7 Sir Robert Peel in fuUors Of a tota
hepsdt Of the Corn-Laws--- Great ercitet'aent ~
England Meeting Of Parliament Pacific feel
ing euinced fotgards The United Stafes--Recep
cots reply 10 The Presidents charge Of an IN
reference IN The affairs Of 1eraS--DiBfcuit5
bffDeen Mr. Hing, the american Minister, ana
M. GMxot-- Stats Of the Marfets, sc.
We received this, morning between four and five
o'clock, by.special locomotive express, the news
q blythe steamer Cambria. The locomotive left Phi
ladslphia for This city at eight o'clock last evening
under the command of the energetic and enterprs-
ing Captain Wolfe, who braved the greatest storm
of the season, with all lis obstacles and succeeded
in reaching this city at four o'clock this morning.
The impeachment to the track from the mass OF
snow and slush compelled him to abandon the loco
Motive when within d few miles Of the city, and
hc finished his task on foot arriving as above stated
i The news is Of the most important and crafty
ing kind, /. ,. .b, sa - 1.
4. Parliament had assembled and the Queeris
speech, as well as the tone OF the press, with re-
gard to the United States, is of the most pacific
character.
? Expressions Of regret are made on all hands that
the difficulties between that country and the United
s'ssss stont Oregon are yet unsettled,
FROM WILMER AND SMITHS EUROPEAN TIMES, FEB. 4.
The steamship Cambria commanded by our excellent ana
esteemed friend Captain Judkns takes to-day the
important and gratifying intelligence that ever e The shores
Grset Britain Sir Robert PeeHnglands powerful and
brilliant Minserhas developed his future commercial policy
tbs at once simple and comprehensive and under opera
tom the exchange Of commodities between this country eng
and and the United States will be carried to an extent
and will be mutually productive of advantages greater to
quote not cverenty tho words OF the sacred voure than
the eye hath YET sesn or the ,hesr eucsived" The
new scheme embraces with full sense Of their importance
the principles OF neutrality-suspicious. all protection for com
merce, manufacturer and agriculture admits corn duty free
at the end OF three years, with scale, the Interim which
will probably oscae between four and shngs per quar-
ter eight bushe and admits Indian corn and buck
wheat free of all duty whatever To the details Of this gres
Measure We earnestly eirea Tic attention Of our commercial
readers Gieat Britain at the present moment is in
blaze Of excitement tslk and think Of nothing else
they have set their hearts upon securing the great fiscal
for the regeneration Of the country which the Premier has
laid before Parliament and they desire cura the period
fixed for the total extinction the corn laws The friends of
peace and progression this side OF the hopeearnes
ana sincerely hopethat the policy will bind America
us by the ties Of aity brotherhood and interest," and that
the miserable squabblng about barren will give way
to more LIBERAL civilized, and comprehensive views
The immediate effects Of the tariff on the most prom
nent Sces Of American exports we have noticed elsewhere
Altogether the subject in its phases the most Inn
Poan that ever crossed the Atlantic the introduction of
ocean navigation and all that wanting Is for the Gov
eminent and people Of the United States to meet us in kin
dred spirit and in the true spirit of commerce and of friend
ship forget the past and generous race Of mutual hap
Pness and prosperity for the future
Mr.. PEEL's FINANCIAL. SCHEME.
Our columns to-day furnish evidence Of the great evolution
which has taken place the public mind relative to the fiscal
policy o. the country. Governments, notorious in all
highly civilized Countries are always OBSERVATION-DISCLOSURES in
arrear Of the peoples requirements certainly so in Eng
land more or less in the other countries, making al
owancc for the difference Of moral and The
Minister who carries Benhams axiom of the greatest
happiness Of the greatest number will best serve the
OF humanity and fulfil Bis high destiny. But where the
representative principle at work-where the public mind
Possesses suicient intelligence grasp the great truths and
desires their embodiment in acona that the pilot has
to DO 70 be the Instrument Of realizing enlightened policy
on the safest principles, and with the most lender regard for
the insest feelings and sympahies Of all
who have thrven well have suffered by the
previous policy;
This Of action describes in few words the secret
and the success of Sir Robert Pee ministerial career bas
been alleged against him that he anticipates
lags behind public opinion II strue He is essentially
practical man. and never eopads success by experimental
formed for nobler He has TACT judgment, and tho
rough appreciation Of character Once in action his ndom
able energy braves all dangers bears down all opposition
But these preliminary remarks keeping from the OBJ
jec at which desire to arrive to point readers
the most striking features the plan for the fiscal regenera
ton OF the country, which Sir Robert Peel in four hours
speech introduced the House Of Commons on the 9th
that speech ne took elaborate of the s
cal condition Of the country and announced the reduction of
duty number of articles which press upon the CONNER
cia and agricultural interests He impressed upon the
facres the necessity of preparing for the advent of free trade
by giving up whatever limited amount Of protection they
enjoy from foreign competition the shape of prohbiiory do
ties and the duties imposed he announced his intention Of
reducing 10 nominal But this appeal the manu-
facture s useless they have long publicly repudaed
the benefits Of all protecting duties have declared that they
seek for aid beyond free scope for the exercise Of their tai
ents in the open markets Of the world and have said
substance to the agrcuturst do thou likewise The
er duties to undergo revision, but into the details Of the
change he did not enter reservng it for another day.
For the reductions tallow, paper hangngs soap
and candles boots and Shoes foreign spirits clover
and other seeds, provisions (esh end saed egeta
ne on foreign made carriages, must refer to ample
Pon OF the speech itself another column We do little
more than indicate in this place, canao the pna-
~ heads OF the scheme. Sugar. that great article Of colo
NAL produce, which, the laws has been
rueny assaed OF account Of the tenacty with which the
winston mas chung IN screening it from competition still to be
more OF less protected Slave grown sugar he still regarded
as an aoomination but the duty foreign reeaor sugar
TO De reduced s. 3D. per cent The corn laws he proposes
to abolish totally and Internationally the first of Februe
U ls4s and 10 the mean time amoded sliding scale is TO be