American Republican and Baltimore daily clipper. [volume] (Baltimore, Md.) 1844-1846, 1846-01-16
FOREIGN NEWS.
rWO DAYS LATER FROM EUROPE.

TWO DAYS LATER FROM EUROPE
FIRMNESS IN THE COTTON MARKET-THE
CORN LAWS-FEARS OF FAMINE SUBSID-
ING-WARLIKE PREPARATIONS, sc.
We received at 1 O'Clock last night from
the attentive agent of Messrs. Adams s. Co.'S
Express, the N. York Herald, containing two
days later news from Europe, brought by the
packet ship Oxford, which left Liverpool on
the 9th ult. She was detained off the coast
ten days by head winds. The following is
summary Of the news:
The cotton market is rather iirmer than on
the sailing of the Acadia.
The corn market has declined.
The famine excitement has somewhat subsi-
ded.
Although but two days later, the news is
important; being in effect an announcement of
the Repeal of the Corn Laws. In other words,
Parliament is TO meet early in January, and
the Cabinet have agreed to recommend an i'm
mediate consideration Of the Corn Laws, with
view to their total repeal.
The news from Algeria shows that the
French mako little progress in the subiugation
Of Abd-e- Kader
Her Majesty's government had issued orders
for $4,000 sets Of accoutrements for the militia
Of the English counties, the whole to be ready
on the LIST of March next. The various clerks
OF the subdivisions throughout England have
Likewise received orders to certify to the gov
eminent the dates Of their respective appoint
ments.
SHARE M4REET, The weeks business,
though limited, is of n firmer character than
previously reported. Much caution continues
to be evinced by all parties, and but few are
pressing sales at the present moment, partcu-
larly for scrps of sound nature.
Cookies Circus at Glasgow, was, on Tues
day, totally destroyed by fire.
The following failures are alluded to in the
London papers: Messrs. Walters, who stopped
on Saturday, and whose liabilities are now re-
ported to amount to eco, 600, were in the but
ter and provision trade, land are known to have
been people of good property. Mcssrs. Brown
are firm of some standing in the Manchester
line, formerly, at least, if not now, doing an
extensive BUSINESS; and lastly, Mr. Bri,ten, Of
York, whose suspension was announced to-day,
and whose liabilities are said 80 be ,C90, 900 is a
grocer in a large way.
The ALLEGED FAMINE ~ IRELAND. The
market in Dublin, on Wednesday, was better
supplied with potatoes, which sold at lower
prices than on any day for week past. The
provincial market notes represent Geciine in
the price Of all kinds of grain, but potatoes
are somewhat in advanee-they have not.
however, approached the high quotations in
the Dublin lists. At the last Limerick market,
cup potatoes were only 3-4d to Sd pr stone;
white led per stone. At Nenagh, on Tues
day, the prices were exactly the same as at Lii
MERCK.
"ENpsoF THE PAMc." The Liverpool Jour-
nal Of Dec. 9Th, has an editorial headed "Ead
of the Panic" The amount Of it is, that there
has been and is unnecessary alarm-that IN
like the speCulatlons Of 1925 and 1887, that of
lS45 has had nothing TO do with "furegn
loans, mines, nor schemes of any kind, except
ing continental railroads, which we believe are
about equally held by European capitalists and
our own, found favor or federation with John
Bull. We, in short, have blown our bubble
at home, and our folly has been the more eUsi-
Iy seen through and corrected
PREPARATIONS FOR WAR. Additional bat
teries are being erected at Sheerness, Ports
mouth, Plymouth, Pembroke, and other places
on the coasts of the island. great number
of traversng platforms, l6 feet long, to be fix
ed by pivots 10 the masonry of the cmbraSuros,
are III progress of construction at the Royal
Arsenal, Woolwich; and some idea may be
formed of the quantity of work lfow performed
in the carnage department; where about five
or SIX years ago only about 100 hands were
employed in that branch, there are now be-
tween $50 and $50 men employed, aided by
many new improvements in machinery, equal
to the work ola great number of hands. The
contractors for timber for the Royal Arsenal
have not been able TO supply the extra demand
for seasoned timber, in consequence of the
great and unanticipated consumption, and the
dockyards have been had recourse to. Num-
bers of large guns have been forwarded TO Jer-
sey and other exposed islands, and to the Cape
OF Good Hope and other colonial possessions,
aud the greatest activity prevails to strengthen
every place at home and abroad, for securing
them IN the event of being attacked. A num-
Der of the block ships, heavily armed, will soon
be ready for their respective stations, and add
greatly to the defence Of the coast.
The general trade Of the country has been
brought nearly 10 4 stand-the feeling ui mis-
trust is so universal, wholesale houses will not
credit their customers, and, of course, cannot
buy from the merchants. Consumption of
imported articles, is, however, enormous; and
this feeling, which we believe to be much ex-
aggerated, must soon vanish before the fact
that the working classes are fully employed and
able yet to consume largely.
Dates from China to September 80, have
been received. No news of interest. fire
at Bombay destroyed 200 houses, and Is lives
were lost.
REPEAL OF THE CORN LAWS
LIVERPOOL, Dec. G. The London Times on
Thursday (4th) surprised and delighted the
public BY the following rather unexpected an
nouncement:
1.-THE decision of the cabinet is no longer u
secret. Parliament, it is confidently reported,
is to be summoned for the first week in Janu-
airy, and the Royal Speech will, it is added,
recommend an immediate consideration of the
Corn Laws, preparatory TO their total repeal
Sir Robert Peel, in one house, and the Duke of
Wellington in the other, will we are told, be