The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-06-04
FOREIGN NEws-Reeeived by the HI
hernia.
spirit OF the English Journals.
THE OREGON QUESTION IN PARLIAMENT.
FROM wlllnIer's Times, May 10

oPiEit VI Vo"hhohos
THE OREGON QUESTION IN PARLIAMENT
From wllniers Times May 10.
Incidentally the state of our relations with Amer
lea was brought under the notice Of the House OF
Commons on the evening Of Friday, the 18th ulti'
mo-
Lord John Russel made pointed allusion to the
subject, and 10 doing so, delivered himself in the
following graceful and happy termsi
| "Lookng at one of the greatest nations Of the
globe, am happy to find there are symptoms Of re.
turning feelings Of amity and good will. When
read the speeches Of Webster Calhoun, and others
forget all the idle menace waited from the other
side Of the Atlantic. | trust her msjestys govern.
ment will be able FIX finally the limits which d.
vide the dominions Of her esty from those Of the
United States; aud trust the convention or treaty
which shall settle that boundary will be but the pre-
lude vi a more intimate connoAon between US and
that vast commonwealth Of q free people; that We
shall carry on together manufactures and our
agriculture, yylng with each other, IL you will 10
| make our productions more and more perfect,
striving, in the neutral markets Of the world, for
pre-eminencej striving, also, in our respective
branches Of production, that we may clothe them
and they may feed us, but hoping that there never
shall be occasion to cross the bayonets Of Britain
and America on any bloody field whatever. Loud
cheen.l SIR, with this wish that such may be the
prelude OF this bill TO which trust the other House
OF Parliament, should Il pass by great majority
here, will give their assent, | shall give my hearty
support to the motion for the third reading" Great
cheering
Towards the close Of this speech on the corn
question, the same evening, Sir Robert Peel, deter
mined not TO be outdone in poiteness by the leader
OF the opposition, spoke as follows:
"Ths noble lord ~. Russelll says he hopes that
the discussions which have threatened the ainten-
ance Of amieable relations with the United States
will be brought TO fortunate close. Sir, think
can appeal TO the course which we have pursued
against some obloquy, some misconstruetion, some
insInustons that we were abandoning the honor Of
this country. think can appeal TO the past ex-
perence OF this government, that II has been our
earnest desire, by every effort consistently with the
national honor, to maintain friendly relations with
every country on the face OF the globe. This prn-
ciple so long as we are intrusted with the manage
ment Of public affairs, will continue to influence ne
in respect 10 the settlement of our unfortunate diff
ferenees with the United States" Cheers
This, taken in connection with the resolution OF
the Senate, gives every to believe that
are at the end Of our differences and that short
time only elapse before the possibility Of a mis-.
understanding between England and America will
be removed.
The passage OF the COrn-biI In tho
House OF Commons-The European Corn
| trade.
From the London Mark Lane Express, May Is p
The House Of Commons have passed the new
corn importation bill by majority Of ninety-eight;
and though it is still possible that the Lords may
reject the measure, the probabilities are in favor OF
its becoming the law Of the land before the paton
Of another month. The belief that such will be the
has certainly gained ground Of lae and in pro-
portion a the chances Of the existing laws being
maintained have diminished, the effects likely to be
produced by the contemplated change on prices of
agricultural produce have been closely investi
gated. The result of this investigation has been a
conviction that material fall in the value Of British
grown grain will follow, in case ministers succeed
in carrying their plan; and something like panic
has seized holders The recent important reduction
in the price Of free wheat has been mainly caused
by this belief, farmers and merchants having
pressed sales at period when, from the unwilling
of millers and others add TO their stocks the
demand has been unusually restricted. Under these
circumstances, we think il may not be amiss to ex-
anime carefully the real position Of affairs, with a
view Of checking useless alarm-that on the aver
age of years the value Of wheat will be greatly de-
precated in this country by the contemplated re-
ducton in the duties, we feel satisfied; but whether
this depreciation will be immediate admits of reason
able doubt. In the first place, it is an undisputed
fact that all parties have anticipation Of the hber
alton Of the wheat in bond IN the kingdom, allowed
their stocks to be reduced to extremely low ebb
and to put the mers into the position they usually
occupy as holders of wheat would take far greater
quantity than that now under the Queens locks.
When, therefore, the uncertainty which has so long
interrupted the regular course oftde shall have been
removed, a very extensive demand is likely to be ex-
perienced, and the million and alfquarters now in
bond when released is likely to be very speedi-
| ly distributed.
The next point to be considered is the probable
extent Of the supplies from those countries which
usually send their surplus growth to Great Britain.
From the Baltic the shipments have hitherto been
comparatively insignificant, and there cannot there.
fore, be any great quantity on passage At Danzig,
the most important port fair but not large stock
of old wheat is held, and, owing to the indifferent
result of the last harvest in Poland and part OF
Prussia, the supplies from the interior are expected
to be much smaller than in ordinary seasons; the to-
tai exports from thence WILL therefore, in all proba-
bility, be only to moderate extent. At the Lower
Baltic ports the quantity Of old wheat remaining is
trfng; but the last harvest having yielded better in
those localities from whence Rostock, Wismer, Stet-
tin, and the neighboring ports draw supplies, the
exports from those places likely to be pretty
tensive Still, overwhelming arrivals need be
feared from the northeastern parts Of Europe. Re
speeding the probable extent of the Mediterranean
supplies, we are not in position to give so decided
an opinion; but, judging from the constant demand
\ from the interior Of France experienced at Mar
settles, we think the shipments from Italy, &C., are
more likely to be directed to that quarter than to
Great Britain, unless the English markets should
hereafter hold out much stronger inducements to
consigners than at present. The quarter from
whence the greatest quantity Of bread-stuf may be
calculated on is, therefore, in our opinion, America
but, making every allowance for an extra supply o
flour from the States and Canada, we doubt wheth-
err the extent of the inportatons will be 80 great a,
seriously to influence quotations here should any
thing occur to give rise to apprehensons respecting
our own CROP We are, consequently, inclined to
think that the weather will, after all, have much
to do with the range of prices of wheat for the
next two or three months than the commercial poll.
CIV of the government the effects Of the latter having
already, in our opinion, been in great measure an
ticipaed. Up to the present period the season has
been tolerably favorable; but the appearance OF tn,
growing wheat plant is certainly not Of so very
promising character to afford Just grounds tc
calculate on year of extraordinary abundance
We therefore arrive at the conclusion that the
grade movement which has lately taken place, hai
been nearly, it not quite, as great has been war
Tsnted by circumstances As yet, hewever, there il
no appearance Of check to the fall
The top quotation Of town. manufactured -four
has for weeks past been very unsettled; during las
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