Sentinel of the valley. [volume] (Woodstock, Va) 1841-1848, 1846-06-11

4 ARRIVAL OF THE
]STEANIEE} TEIRERNIA.
THE PROBABLE SETTLEMENT OF THE
{ OREGON QUESTIoN-MEXICAM Az
/ FAIRS IN ENGLAND-srATEo OF THE
MONEY MARKET-THIRD READING
OF THE CORN BILL IN THE HOUSE
OF CoMMONS-THE REVOLUTION IN
( sPAIN-THE COTTON MARKET, &c.
| The steamship Hibernia, Capt. Ry-
lie, made very short passage, and ar
rived at Boston on Monday noon
She left Liverpool on the 18th ult.
The intelligence received by her is
Of considerable importance.
There appears to be an evident de-
sire on the part Of Great Britain to set
{ tie the Oregon question ia most ami
cable manner.
The tone ofthe notice resolutions, as
they passed the Senate, are deemed of
a very favorable character.
The question was incidentally
brought before the House of Commons,
on the 10th ut., and both Sir Robert
Peel and Lord John Russell, referred
to-it in a very conciliatory manner.
1t is supposed that positive instruc-
tons have come out in the Hibernia,
to Mr.. Pakenham, to settle the matter
at once, and negotiation will probably
be Immediately renewed in Washing
ton.
I The trade in provisions was not very
brisk.
! There was very little doing in grain.
The arrival of flour from the United
States continued large
The London money market was In
a better condition. 7
The timber trade continued depress-
ed.
The Hlbernia brought "a passengers
from Liverpool, landed 9 and took in
the same number at Halifax. Among
her passengers are Mr.. W. w. Messer,
bearer of dispatches from the court of
| St. James, and Sir Henry and Lady
! Caldwell.
The Caledonia arrived at Liverpool
! May IA, after passage of II 1,2
days.
The price Of cotton did not vary from
the last advices, though the demand
had somewhat abated, and on the 18th
the demand closed heavily.
A large failure in the East India and
the Levant trade-the house of Mes
srs. Beattie & Co., whose liabilities ex-
coed a quarter of a million sterling
excited some little stir in London last
week.
| The impudent proposition Of the
Mexican Government created stormy
time among the bondholders. Pare
des's agent demanded a new loan OF
two millions, and proposed to consoh-
date the old debt at discount Of so
per cent.
Wilmer & Smiths European Times
mentions report that the British Gov
eminent are about to despatch war
steamer to Oregon, 200 gunners, 2
sergeants, 2 corporals, and 2 bomba-
diers, under the command of Captain
Blackwood, early IN June. Three
thousand excavatols are soon to fol-
low.
This force and these men are pro-
fessedly sent to the Hudson Bay Com
pany's territory, but it would be useless
to shut our eyes to the fact that the
( bare announcement of such an expedi-
ton, while the territory in question
forms the subject of negotiation be-
tween the two governments, is calcu-
lated to produce no small excitement
( in America.
| The same journal also mentions that
reports are in circulation of the inten-
ded resignation of Sir Robert Peel.
The Corn bill is regarded as safe
and people ale looking forward to the
results ofthe sugar duties debates.
The commercial accounts from the
continent are encouraging. The great
Leipsic fair has passed off well, and
considerable quantities of English
goods, which were sent on sale, found
purchasers German woolIens are
spoken Of as having been fiat at the
! fair.
The third reading Of the Corn Bill
has at length passed the House OF
Commons by the largest majority
whichit has yet Communicates.
The Chancellor Of the Exchequer
intimated on this evening that the new
arrangement for sailing a steamer to
America weekly would be carried into