The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-01-19
Mr.. Barring.
Marquis Of Normandy.
Marquis Of Lansdowns.
Lord Clarendon.
Mr.. Labouchere.
MIR. Shell.


Chance lior Of III. E.chequer. spring o Rice ''
Lord Lieutenant Of ireland. Marquis Of Normandy
President of the Council Marquis of Lsnsdowns.
President Of Board Of Trade. Mr. Labouchsrs.
vice President. Mr. She'll.
This being the probable position of the new
mnistry-and such being the prospect OF success,
upon question in which we are much Interested
# becomes necessary to look about US, to see what
effect the change in the British government will
have upon the various interests Of this country.
repeal Of the corn laws Of Great Britain is con-
sidered a peace measure-the importance OF a
renewal Of the restrictions upon the admission Of
foreign corn into the ports of Great Britain, to
the United States is supposed to be sufficient to do
away, In great degree, with the many political
difficulties now in existence. It is considered
peace measure in relation to the Oregon question,
a. II was looked upon as leading to arrangements
between the two nations, of a commercial charac-
ter OF sufficient importance to make il very easy
matter to bring about compromise.
Ii this view is taken OF this matter on the other
side, BY journals which have been among the mos.
bitter advocates of the claims Of Great Britain to
the mutual navigation Of the Columbia River, there
cannot but be a corresponding feeling on this side.
If q repeal Of the corn laws is brought forward az
conciliatory measure at this time, the complexion
Of the political matters in dispute between the two
countries, becomes greatly changed. 1t il true, the
message Of President Polk had not been received
in London when this corn law measure was on the
tapis and the resignation Of the ministry took
pace-but 1t cannot have sufficient effect to change
any of the movements In contemplation or to delay
any efforts Of the new ministry to carry out their
plans.
The Oregon question, Invested of others that have
been connected with it, will not become changed
by the change in the ministry, as Lord John Rus
sell supported Sir Robert Peel when he said that
the "British government had rights in Oregon
which must be respected" Judging from this fact,
there has been but little improvement in the change
far this issue is concerned-but from the liberal
views Of the new government, in relation to COM
mercial affairs and the connection between the two
countries, a complete repeal of many OF the prohl-
billions upon commerce now existing will produce,
we have much to hope. Upon the effect Of these
movements-and the object in view in bringing
them forward-we place the greatest reliance. We
have no doubt all the matters at issue between the
two governments, will be settled by grand and
comprehensive commercial treaty. Concessions
may be made by both govemments-and what we
advantages. What prospective commercial power
we may lose on the Pacific, we may gain on the
Atlantic.
repeal of the corn laws will, without doubt,
act as very great sedative to the preudices Of the
people Of the Western States against England, upon
the Oregon question-and will raise up an interest
in that section Of the country in favor Of COM
promise, that may annul all others.
A commercial treaty between the United States
and Great Britain, based upon a repeal of the corn
laws, would be one of the most important move
ments for the agricultural classes of the West they
ever experienced. They would, in that event,
have as much interest in the preservation
of peace, by any honorable compromise, as
the commercial classes of the East, and the cotton
growing classes Of the South This thing has no
doubt been duly considered by the leading politi-
clans Of both countries, and it cannot be without
itsinfiuence. The accounts received from London
must have very great effect upon the movements
OF Congress. The war spirits in the House Of Repre-
eentaves may cool of and be disposed to wait the
action of the British lament The necessity of
giving the twelve months notice no longer exists,
and the course of the Senate in relation to the
whole question, from this time forward, may be
entirely changed. The giving of the notice was
very doubtful, previous to the receipt of these i'm
porant advces from Europe, but it now is still more
so, it appears very evident that time and COM
mercial treaty will bring the whole question to a
more satisfactory conclusion than any other may.
The policy Of the new ministry of Great Britain,
in relation to the internal political affairs of that
country, is, at present, matter OF secondary i'm
portance. The course it will pursue towards Ire
land is yet doubtful; 1t may be extremely liberal,
and it may be extremely Liberal Until they de-
fine their position, very little will be known of their
movements or their policy. The two great parties
In England were in the midst Of stirring times, and
the news by the steamer now due is looked for
with the most intense anxiety. She will bring the
organization Of the new ministry, the meeting Of
Parliament, and the doings Of that body for several
days.
ANTI-RENT DHFIcuLrIEs.-We are glad to see
that there il some prospect Of this vsxed question
being settled during this session of the Legislature.