The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1846-03-05
Special Express from the Baltimore Sun.
"-.a' FROM EUROPE. a'

.a. DOT TY-TWO DAYS LATTER.
Great change in the Commercial policy Of
Great Britah-Si Robert Peel in tapor
of a total Repeal of the Corn LawS-
Great excitement in England Meeting Of
! Parliament Pacific feeling euinced TO-
yards the United States--Reception of the
war speeches in Cengress--M. Guisot'S re.
: plyto the Presidents charge off an interfer-
ence in the affairs Of ,Ieras--DiGculty
between Mr.. King, the American Minister:
and N. Guisot-iState of the Markets, &c
From Wilmer and Smiths European Times.
The steamship Cambria, commanded by
our excellent and esteemed friend Captain
Judkns, takes out to-day the most important
and gratifying intelligence that ever left the
shores of Great Britain. Sir Robert Peel
England's powerful aad brilliant minister
has developed his future commercial policy.
1t is at once simple and comprehensive; and
under its operation the exchange of COM
modites between this country (England) and
the United States will be carried 10 an ex-
tent, and will be mutually productive of ad-
vantages greater, TO quote not irreverently
the words of the sacred volume, " than the
eye hath yet seen, or the heart hath con-
ceived." The new scheme embraces, with
full sense of their Importance, the prin-
ciples of e-repudiates all protec-
ton for commerce, manufactures, and agri-
culture; admits corn duty free at the end Of
three years, with scale, in the interim,
which will probable escillate between four
and six shllings per quarter, and at once
admits Indian corn and buckwheat free of
all duty whatever.
To the details of this great measurs we
earnestly entreat the attention of our COM
mercal readers We beg to refer them to
the speech ITSELF and to our remarks upon
it. Great Britain, at the present moment, is
in a blaze of excitement; men talk and
think of nothing else; they have set their
hearts upon securing the great fiscal scheme
for the regeneration OF the country which
the premier has laid before Parliament, and
they desire TO curail the period fixed for the
total extinction of the corn-laws. The
friends of peace and progression on this side
of tho water hope-earnestly and sincerely
hope-that the new policy will bind Ameri-
ca to us by the ties of amity, brotherhood,
and interest, and that the miserable squab-
bling about barren waste will give way to
more liberal, civilized, and comprehensive
views. ..-i ...
The immediate effects of the new tariff
on the most prominent articles Of American
exports we have noticed elsewhere. Alto
gether the subject, in its various phases, is
the most important that ever crossed the At
lantic since the introduction of ocean navi-
gation and all that is now wanting is for the
government and people of the United States
to meet us in kindred spirit, and in the
true spirit Of commerce and of friendship,
forget the past, and run generous race of
mutual happiness and prosperity for the future.
PEEL'S FINANCIAL SCHEME.
These preliminary remarks are keep
ing us from the object at which we desire to
arrive--to point cut to our readers the most
striking features in the plan for the fiscal re-
generation of the country, which Sir Robert !
Peel, in a speech in the House Of Commons
took an elaborate review of the fiscal con-
dition of the country, and announced the
reduction of duty on number of articles
which press upon the commercial and agri-
cultural interests. He impressed upon the
the necessity of preparing for
the advent of free trade, by giving up what
ever limited amount of protection they now
enjoy from foreign compe tition in the shape
of prohibitory duties; and the duties so i'm
posed he announced his intention of re-
ducing to nominal amount. But this ap-
peal to the manufacturers is useless; they
have long since publicly repudiated the ben
efts of all protecting duties; have declared
hat they seek for no aid beyond free scope
or the exercise of their talents in the open
markets of the world; and have often said '
n substance to the agriculturist, " do thou '
kewise." The timber duties are to under t
70 revision, but into the details of the t
;hange he did not enter, reserving it for /
mother day. t
For the reductions on tallow, on paper c
langings, on soap and candles, ON boots and |
hoes, on foreign spirits, on clover and other |
eeds, on provisions, (fresh and salted,) on Y
egetables, on foreign-made carriages, we +
must refer 10 our ample report of the speech i
tself, in another column. We can do little q
nore than indicate in this place, cmrente P
alamo, the primary heads of the scheme. G
'ugar-that great article of colonial produce, d
which, next to the cornaws, has been most d
irulently assailed on account of the tenacity d
0 which the minister has clung in screening 1
from competitions still to be more OF II
sss protected. Slave-grown sugar he still p
sgarded as an abomination; but the duty on |
,reign free-abor sugar is to be reduced 3s.
d. per cwt. The corn-laws he proposes to
bolish totally and Internationally on the s
rst of February, ls49; and in the mean
me modified sliding-scale is to be substi- O
lted for the one at present in existence. a
'or instance. when the price of corn is d