The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-01-16
FOREIGN NEW S.
From the New York Courier and Enquirer
TWO DAYS LATER FROM ENGLAND.


we'd last night from Liverpool, from which port she
sailed the 9Th of December, bringing US Liver
pool papers TO that date, and London paper oil the
5tb. The news, though only two days later than
our previous adylces, ID of very high commercial
importance, and will create great sensation through
out the country, as the event which il announces
had created in England. THE BRITISH ANTI
CORN LAW LEAGUE HAD TRlUMPHED,
AND PARLIAMENT WAS ABOUT TO BE
CONVENED FOR THE PURPOSE OF RE-
PEALING THE CORN LAWS 80 at least had
in substance been declared by the London Times,
and repeated by that paper the next day in still
stronger and more direct aud positive terms There
seemed to- be no doubt expressed by the Liver
pool Chronicle that this statement Is substantially
true, and the announcement had produced the most
intense exctement-the most astounding sensation,
says the Chronicle, ever caused by newspaper ar
tice and the effect of which will ba visible in every
nook and corner Of the civilized world
! This important article in the Times we copy at
full length from the Chronicle, which, with the Ly-
erpool Journal and our London papers, Most I'M
luckily is the only paper that has reached us while
we are writing, and TO them are We confined in ma
king up our accounts.
| There seems, indeed, TO be no good reason 10
doubt the announcement OF the Times, and none
appears To be entertained. Assuming that II is sub
stantally correct, the intelligence is Of the utmost
| commercial moment, and the effect which IL must
necessarily produce in the United States can hardly
be oyerraled IL proper for US to state at the same
the ministerial organ, gives an apparently fiat aud
emphatic contradiction TO all the asseyeralons Of the
Times this subject, but the Times reiterates them
with an increased boldness, and submits its own
statements the decision of the country, exuung-
! y remarking, that very short time will show
which of the two journals 1.-THE Standard itself)
1 is most entitled to credit!
i The London correspondent Of the Liverpool
| Chronicle, writing under date Of December L. thus
speaks Of the share market =:
"Since my last, transactions in the share-market
have been few but steady-especialy so since the
deposite Of the plans on Sunday night, to which
shall briefly advert by-and-by. A better because
more confined field, is presented TO purchasers.
! Hence as have Just observed, the business done
| Is Of more solid character than was lately the
case. Many more amalgamations may be expected;
and several companies who wound up their sur
veys in hasty manner as the period Of deposite
arrived begin 10 entertain apprehensions that lit
tie more care mig have been adyantageously be-
slowed"
The same writer says Of the Bank of England
There has been a material decrease both in bull
| lion and notes issued, but, the other hand, land
it is more important fact the public deposies
| have increased nearly GOO 900 over and above
those of last week. From the usual circular fur
nished to me- find that our exports Of bullion for
| seven days, ending on this day week, was gold
bars to Hamburg, 1000 OF silver coin do, 50, 900
or; do, to Rotterdam, $4,000 o."
1t is proper here to give the following articles
| from the Liverpool Journal of the 9Th December
that they may be read in connexion with the start
ling announcement Of the Times, and with the
marks we ourselves have ventured to make on that
announcement. We do not see anything in the ar
tcles copied from the London papers TO change the
view we have expressed or to shake our confidence
IN the important statements of that paper, for we do
not that they materially nyslidaie the substance
of the TImes's article.
IMPORTANT.
The London Standard received by the express
train last night, contains the following
"ATROCIoUs FABRICATION or THE TINES
awe are now, we rejoice to say, in a condition to
give the most positive and direct contradiction to
the statement of proposed repeal of the corn-laws,
4 which appeared in yesterdays Times The state
ment, it may be remembered, embraced three propo-
sitions-
"First that Parliament to meet in the first week
in January.
Second, that ministers have resolved upon a re-
peal Of the corn-aws.
Third that the projected repeal is to be announc-
ed in the opening speech.
EVERY one Of these three propositions is false.
parliament will not meet in the first week Of JAN
uary, or much, if at ALL before the usual time of
meeting.
"The cabinet has come 10 no decision whatever
upon the subject of the corn-laws."
Emphatic at this is, it, amounts to nothing 1t
will he in Talk Change" the information
coming from good source, that the question is left
TO Sir Robert Pees discretion, and therefore "the
cabinet has come to no decision"
| Parliament does not meet in the first week, but
the week after the first. How can the Standard say
what the Queens speech will or will not contain,
month henceS
| From the Times Of Thursday, Dec. T.
| IMMEDIATE REPEAL OF THE CoRN.LAws.
The decision Of the cabinet is no longer secret
Parliament it is confidently reported, is to be
moned for the first week in January; 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 told,
be prepared to give immediate effect to the recon-
mendation thus conveyed.
An announcement Of such unreasonable import
ance, and to the larger portion Of the community so
unspeakably gratifying, almost precudes the posi-
billty of comment. No pen can keep pace with the
reflections which must spontaneously crowd upon
every thoughtful and sensitive mind They who
have long desired this change, and have long traced
| its manifold bearings the welfare and happiness
of the world, will in moment see the realization
of that fair prospect and will hardly endure to be
informed Of what they already behold. The APP
preaching event, therefore, which we this day COM
municate TO our readers must be left to speak for
| ITSELF
1t is understood that until Parliament meets moth
ing is to be done. For the legislature will be reserv-
ed the responsibility and the glory Of opening the
ports. We presume that none will quarrel with this
brief appearance of delay, now that the resolution
of the cabinet is known. The moral certainty of an
early opening will be equivalent in its operation to
immediate order in council. 1t is enough for the
merchant and capitalist to know that by the end Of
JANUARY al the latest, the produce Of all countries ,cH
enter The British market absolute equality Nth our
oicn, excepting only those disadvantages which ma
turo itself has made, and which man cannot entirely
remove. Any unnecessary appearance of haste
would only create alarm, and might thus defeat for
time at least, the very object of the measure
| Happily there is occasion for haste, even if
haste were not almost certain to interfere with
speed.
tits said that the decision has been made with that
unanimity which, perhaps, the compulson of cir
cums'ances alone can inspire. The reported excep
tons are both insignificant and doubtful, and not of
sort to interfere with the construction Of the cab-
net. There IS, OF course, who had il in his
power 10 offer an enormous imnedinent md create