Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1846-02-10
Arrival Of the Hibernia,

| by this arrival we have Livirpool dates 10
January 5.
The British Parliament had not yet as
semoled.
Lord John Russell, il will be seen, was
unable TO form ministry, and Sir Robert
Feel was invited 10 resume the helm. f.
American flour in bond was Quoted at
sos. nd309J.
Large supplies of provisions had poured
IN from the Continent.
The ship Sea arrived with the Presidents
Message, making, as she always has short
passage.
The Message ,on the whole. is regarded as
pacific and is treated in some Of the leading
journals, with much fairness.
1t is still said tina, the Corn Laws arc to
be repealed.
The French Chamber Of Deputies met
on the 10Th Of December. All was quiet
in France.
The Presidents Message excited little
interest, either in France or Belgium.
The Spanish Cortes assembled on the Is
December. The Queens speech gives as
surance of tranquility.
The Message was recei1ed at Liverpool
on the 23d Dec, Wilmer s. Smith by spe-
cial steamer received the news 60 miles dis
tant, and upon lis arrival expressed it to
London in q hours
The editor of the European Times says:
sit is state paper, the arrival Of which, in
our twenty years experience. never excited
one half the interest which the Message of
Mr. Polk did this year,"
The Times says of the Recommendations
cause. perhaps, why the Message has agree
ably disappointed expectations here is, the
we'll timed observations in which it INDUCES
respecting liberal Tariff. If the Oregon
is the bane, the proposed reduction of the
tariff is the ,antidote in the new Presidents
mlssivc to congress.
Since the message came 10 hand another
arrival has brought us the correspondence
laid before congress between the British and
American Ministers on the subject of tho
Oregon. The misfortune of such docu-
ments is, they are too volumnous for the
perusal of the great world. The London
Times has devoted series Of articles TO the
consideration of this correspondence, more
particularly with reference TO the two points
upon which Mr. Buchanan insists, namely:
first, the title arising from prior occupancy,
and secondly, the cession Of the Spanish
claim TO the United States. The paper in
question cndeavors to show that the main
tenance Of these two rights is incompatible:
that if one is correct, the other cannot be
sustained. 'The prior occupation. and the
after session, may be cited as distinct facts,
but they cannot confer one title. Two bad
titles can no more make good one, than
two alternatives can make negative"
| Upon the whole then, il the message has
not given all the satisfaction in England
which the friends and we'll wishers ofAmer-
ica desire, it has favorable point, that of
free trade; and the pending triumph of free
trade prncip pies will, in all probability, be
accompanied by a satisfactory adjustment of
that bone of conference.-the Oregon
Polk and Peel agree as 10 the necessity of
the first-why not as TO the last alterna-
tive?
The assumption of power by Lord John
Russell was followed almost Immediately
by its abandonment and by the rc-instala-
lion of Sir Robert Peel.
Russell was authorized 10 form Ministry
and made the attempt, but failed through
disagreement among his personal friends,
Lord Grey refusing 10 enter the Cabinet, il,
Palmerston was to be Secretary of Foreign
Affairs.
When Russell threw up his cards and
sent for Peel, who evinced but little hesita-
ton in resuming his old office-the resump-
tion of power by Peel mads itself felt in
every branch Of trade. Con fidcnce, which
had been shattered by the railway panic, be
came paralized when il was known that Peel
was out, the markets fell, the funds sunk,
business was suspended, and a gloom, a
mist, hung over the commercial and trading
world.
! Every day since the resumption of power
by the former Premier, has shown improved
symptoms in the produce, money and 9TH
er markets, although the future policy Of
The Ministry is in doubt, it being reundly
asserted that The reconstruction Of the Cab
met involved compromise, that instead Of
total repeal Of the Coru-Laws, which the
wings showed their incapacity to carry, Sir
Robert will propose fixed duty Of Is or
lbs per quarter, "a wide margin) TO be de-
creased by one or two shilliDgs per annum
until it expires.
Again it is said that permanc. duty Of
IS per quarter with compensation to land ow-
ners, enters into the new policy.
Some OF the English papers continue TO
esser that the extensive war preparations
now making throughout the kingdom arc
merely precautionary, and intended only TO
guard against the possibility Of war with
France. When all the new works are com.
pleted, tho English coasts will be in bet
ter condition of defence thln those Of
France.
Upwards of 1000 men are now employed
in the dockyards at Depford, and all the
works therein are proceeding with the great
est rapidty.
An explosion recently took place at Tho
Mourillon of Toulon, by which eight per-
sons were killed and several others severely
wounded.
Accounts from Sweden and Norway re-.
present that The aggregate supply of food is
much short Of what it has been IN years
past, even when the population was much
less than it Is now:
CoRS-L ,ws-There have, during the
laat twelve wears heen mn fewcr than An