The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-01-23


House of Commons upon the Oregon question
Lord John Russell at that time voted with Sir Rober
Peel and the Conservatives, showing symptoms Of
hostility 10 the United States II regard TO this ques-
ton. A greater mistake never was made in this ex-
IRENE opinion OF Lord Johns position upon this
question in this country. The great party on which
his ministry must rely tor support, will oblige him to
maintain pacific policy, and to consent to mutual
notifications Of the tariffs OF the two coun.
tries. He will do this, even at the expense
of large interests IN the Oregon Territory
The Hudson Bay Company is composed of
small body OF individuals, part of whom reside in
London, and part in Canada But they will never
be able to interfere, for a moment, in this great
question, or to defeat the purpose of the new minis
try, of arranging the whole question. We believe,
from what we have ascertained on the best autho-
rity, that of the first acts OF this ministry, of
which Lord John Russell IS the head, will be 10 Sc
tie the Oregon boundary question, on the very pro
position made by Mr.. Polk. even in anticipation oil
the Presidents message. twill be both their ints-
rest and policy TO have this question settled, before
the arrival OF the late message in London.
The abrupt and hasty refusal OF the offer of the
49th degree, by Mr.. Pakenhsm, will be considered
TO be serious and great blunder of the Peel Cabi-
net and the first movement OF the new wing min
lstry, will be an effort to correct this blunder, by
sending over a new minister to Washington, and
recalling the present one.
Such are the general views which we have
ceved from private channels Of the highest respect
ability, upon the present views and position of the
ministry organised by Lord Joha Russell. We have
also further ascertaned that one Of its first acts
~ IN IN fha itad State 9th Lord
Morpeth,or Mr.. Joseph Hume, or the Hon. Mr.. Nc
Gregor, Secretary of the Board of Trade, with the
same powers and commission as was entrusted to
Lord Ashburton. They will recall Mr.. Paken-
ham from Washington, and confer upon the new
Plenpotentiary full powers to accept the 49th de-
gree as the ground OF compromise of the Oregon
question; they will then bring before Parliament
the great measure of the repeal of the corn laws,
or modification ofthem, admitting American bread
stufts exclusively, on condition that the American
Congress will make similar modific ,tion and con-
cesslon for the admission of British manufactures
INTO this country, so as not to conflict with own
establishments.
II also appears from the same private intelligence
that the great cause which led to the dissolution OF
the Peel Cabinet in England was the very position Of
the relations between that country and the United
States That point, however, made to appear in
the discussions upon these things in the English jour
nails, because in England among all parties there,
there is general disposition to feel more sensiby in
relation to the corn laws and to make them the great
topic, rather than the position of the relations be
tween the United States and England. Mr.. Paken
ham, by his refusal to accept the offer of the 10Th
parallel, and the subsequent withdrawal OF the offer
by the United States government, placed the con.
servative ministry in the most awkward dilemma.
They saw the difficulty only increased by combi-
nation with the more important difficulty growing
out OF the repeal of the laws question. Indeed,
It is said that Lord Pamerston who, it is supposed,
will become a member of the new ministry is a
man OF somewhat beligerent propenstles, and is al
together hostile to the United States. We believe,
however, that he Shouts make one of the new 60
vernmeat, his views, whatever they may be, would
be overued by the necessity OF the case and by the
peculiar relation and sentiments which would exist
between the new ministry and its adherents Il
Is well ascertained that the party Of Lord John
Russell has the whole force of the commercial
and manufacturing interests on its side, which
great mass is opposed to the landed interest
From this great body will come the chief support
of the new Ministry, and that part of the trading
mercial intercourse constitutes one fourth o. the
whole commerce of England. No doubt the lead
ing point OF the new administration will be the set
Element OF every difficulty with this country upon
liberal footing and this, we understand, will be
begun by sending special minister to Washington
so soon as the ministry is organised, empowered
both to accept the 49th degree and to arrange every
other subject of dispute. We should mot be sur.
prlsed if this special minister should come out in
the steamer, which is now daily expected at Boston.
Such are the important views and statements
which have reached us, and with such confirma-
ton that they inspire perfect confidence at present
Our own opinion is, that the ministerial crisis in
England is only the beginning of great move
ment in the Parliament and country, which is now
going through long, protraced and internal stug.
gle between the two great classes Of the ira ding
and landed interests. The new ministry will be
obliged to clear the oscks on the Oregon question ;
1t will have to draw the ties between the two
countries closer, on the corn, cotton, and
other matters, before it will be able to enter into the
field with the great landed interest and all its nu
merous party, undistracted and undivided. 1t will
have quite enough on its hands in conducting this
struggle between these two great classes in Eng.
land; 1t will have enough to occupy all its energies
and attention without wishing to show belligsrent
symptoms towards the United States
With these views on the new crisis in England
and the interests at work, have every reason to
believe that the Presidents message will create no
great sensation IN England, however it may give
rise to momentary and violent outburstwith a few
rabid tory journals, which may wish to prepare
defeat for the new Ministry by rousng the national
feeling against the Yankees.
Having reason to rely on this intelligence and
these views, we are willing to await the issue, in
perfect assurance that every difficulty between the
United States and England will be brought to a
peaceful and favorable termination, probably in less
than six weeks time
ANOTHER WALL STREET SENsATroN.-A sensa-
ton was created in Wall street yesterday, by the