The New York herald., 1846-04-19

The Caledonia is now expected. She ls in her \
fourteenth day. We may receive her news this
morning. 1t will be half month later than that
brought by the Unicorn.
The Foreign News.
The long expected news from Europes by
the Uucorn. has been received at last, and has
now been before the public nearly twenty -four hours
"a sufficient time to enable an opinion to be
formed Of its tenor, as regards our relations with
England. The copious extracts which we give In
this days paper. from the press, and the proceed
ings OF the British Parliament, WILL think, JUS
tfy us in saying that the news is pacific, in great
degree, and tends to preserve the peace between
the two countries. Although the tone Of the press
is rather irritable we look upon it as Insignificant,
compared with the Developments that took place
in Parliament short time before the steamer sailed
b. II appears that on the 17th Of March last the Earl
Of Clarendon moved for the production OF such por.
tons Of the diplomatic correspondence that had
passed between the American Secretary OF State and
the British minister, as would not be inconsistent
with the public interests to produce. In answer to
this motion, the Earl Of Aberdeen made somewhat
lengthy reply, to the effect that he did not consider
it compatible with the public interest to produce the
correspondence in question; and further that hs
could not bring himself to believe that any reasona-
BILE doubt remained OF the British Government being
able to bring the Oregon question to satisfactory
conclusion. Under the circumstances this express
sion Of the Earl of Aberdeen, coupled with tho reu
sal to produce the correspondence in question, must
Impress upon every mind that the Earl Of Aberdeen
was sincere in his belief, and that the British Gov
eminent did not anticipate a resort to extremites
for the settlement OF the question This opinion Is
ftorc al hvs 81, e.
OF traders, manufacturers, and others, which was
held on the same day in London and at which reso-
luton was adopted declaring that the Oregon ques-
tion admitted Of satsfic adjustment by negot-
alton. and suggesting the appointment Of Sir Henry
Pottinger on account Of his success az diplomatst
nIndia and China the best person to be entrusted
with the Office of negotiator with the American GO
vernment for that purpose: When we consider that
abundance Of time had elapsed since the receipt Of
the refusal Of the American Secretary of State to
submit the Oregon QUESTION to arbitration, for the
British public and Parliament to have formed an
opinion On that measure, and to adopt line Of con-
duct and system Of measures corresponding with
that opinion, the declaration Of the Earl Of Aberdeen
in the House Of Lords and the expression Of opinion
by the public meeting in London, deserve to be
viewed as highly important, and indicative of the
intention of the British people and parliament, not
to break the peace happily existing between the two
countries if COLLISION can, under any circumstances,
be avoided.
This, we think, is the view taken of the news
by our citizens and, accordingly the stock market
was more buoyant than il had been for some time
past, and stocks Of every kind advanced ccnsidera-
bly,
Notwithstanding the pacific indications Of the
Earl of Aberdeen and the public, and the manifest
desire there is TO preserve the friendly relations be-
tween England and the United States, the Eng
lish press continues to wage that war Of words
which it has carried for 20 long period against
America and every thing American, and its tone is
decidedly hostile. This state OF things is little
strange, when we consider that, in the United
States, the contrary is exactly the case. In the
United States, the press, with but few exceptions,
Is decidedly in favor Of settling our difficult
ties with England by negotiation, and condemn
the reckless course Of the administration in
declining all measures leading to that result;
while the government Of England, ON the other
hand, is, and has always been desirous to settle
these difficulties with America amicably, the
English press has been loud in recomm ending q
resort to peremptory measures, to bnng about the
same result. We can't account for this anomalous
state of things in any other way than that the press
in that country would prefer to have all the dsas-
ters Of war inflicted upon the two countries, than
to forbear indulglng in that wholesale mode Of
abuse that has marked its course since the rcvolu-
tlonary war. This, however, is Of little moment,
as long the public mind in that country, and the
government, are disposed to peace.
We consider this news from England, the pacific
tone Of the public mind as developed at the public
meeting in London, and the avowal Of the Earl of
Aberdeen, in reply to the remarks Of the Earl of
Clarendon, Of the highest importance at this par
ticular juncture. The passage Of Mr.. Crittenden's
compromise resolutions in the Senate by a vote Of
40 to IA. is conclusive that majoriy Of that body
is averse to the war policy OF the ultra fifty-iour
forty men, and in favor Of settling the Oregon ques-
tion by compromise. Although the giving Of the
notice is authorized by those resolutions they new
ertheless impliedly compel the President to resort
to compromise before giving the notice. Indeed,
we look upon these resolutions, and the large vote
by which they were carried, more in the light Of
solemn recommendation to both governments to
reopen negotiations Of this yexed question, and
settle all the difficulties between the two
countries, In relation to It, amcably and
peaceably we look upon the passage of
these resolutions more in this light, than we do
as measure to abrogate the convention Of the 10th
Of October 1878. Although the giving the notice is
lett to the discretion Of tse President, think the
responsibility Of taking that step directly is pur
posely avoided, for fear it would be nstrued into
war measures and, in lieu there Of, peaceable
commendation to settle the question amicably, by
compromise, is substituted.
Taking all these circumstances into considera-
on, the tone Of the foreign news, ami the passage
OF Senator Crittendens resolutions in the Senate,
We are Of opinion that this unfortunate question.
which has created more injury to commerce, and
excited more hostile feeling, than the whole OF the
territory in dispute is worth to either country, is in
fair way Of being disposed Of satisfactorily to both
parties; and that too, before the expiration Of six