The Panola lynx. (Panola, Mi. [i.e. Miss.]) 1845-1846, 1846-01-31
NINE DAYS LATER FROM
EUROPE.

EUROPE.
Highly important intelligence reSig-
naGos. u Sir Robert Pei anil Of her
Mdjesty's Minister'S APPROACHING Re
peal of the corn LdaCS--fhe 1ChigS in
oHce--Lord JOHN Russell Prime Min
ister-immediate dissolution Of Par
Hameat--tAe cotton market--further
decline IN -four and grain.
By the arrival of the fast sailing Bri-
fish ship Themis, Capt. Brown, we have
been placed in possession Of nine day S
later news from Europe, To the po-
likeness Of Capt. Brown, we are indebt
ed for Liverpool papers Of the 18th
Dec. the day Of the vessels departure,
and for London papers of the 18th ult.
The intelligence brought by this con-
veyapce IS of the most astounding and
unexpected character. Sir Robert
Peel's government is at an end The
Premier and his colleagues, unable to
agree on the momentous question of
Free Trade, had rendered their resig-
nation to the Queen, which had been
accepted. 1t was said that Lord John
Russell had been sent for by the Queen,
and to him, in all probability, be en-
trusted the formation of new Cabinet.
An immediate dissolution Of Parlia.
ment is talked of by the Wings. The
la!eness Of the hour at which we re-
ceived our papers, will not enable US
to make any comments or an event Of
such startling Importance, We has
ten, therefore, TO place before our rea
ders the subjoined extracts from the
latest London Journals.
The Liverpool Cotton market had ex-
perienced decline ofsd. in the lower
qualities, for the week ending the 9th;
which depression, however, was regain
ed during the following week, ending
the 18th, with sales Of &c, 500 bales.
The. resignation OF the Ministry, to-
gether with the prospective Repeal Of
the corn Laws, had completely Unset
tied the Grain markets, and consider
able decline had taken place, both in
bonded and freyBreadsluf;s.
RESIGNATION OF HER MArEsrY's
MINTSTFpS
If the announcement made by the
Times of yesterday week, that the corn
laws had been abandoned by the Gev.
eminent, had an important influence
upon the minds of The pubic-the state
Of the markets-and the prospects Of
the empire--that we received last night
Of the resignation of the Minister, and
the acceptance Of the same by Her
Majesty, had still more startling eff
feet The Herald, which upon this oc
casion may be considered The Minister
al paper, announces this fact in the fol.
lowing way:
''Sir Robert Peel's. Government is at
an end. All the members of the Cabi-
net yesterday rendered their resigna-
lion, which Her Majesty was pleased to
accept. It will be easily Believed that
we regret this determination Of Her
Majesty's advisors; but we should much |
more regret their unanimous determi-
nation TO sacrifice the industry of he
country, by stripping it Of all protec-
ion. The important fact now anncunc-
I'd proves how completely wrong the
Times was when il stated that the Gov
'ernment had decided upon proposing
o Parliament, as a Cabinet measure, the
'epeal of the corn laws"
The Times publishes the same fact;
Without adding that her Majesty has
accepted the designations, and adheres
0 the substantial of It's first announce
nent that the leaders of the Cabinet
we're resolved upon proposing a total
'epeal OF the corn laws. The Times
ays:
yesterday, Parliament was further
'orogued TO the 30th inst The nam
ng ofso early day would of itself
mply, that the Cabinet is not now in a
tate TO meet Parliament. The rumors.
however, which have been confidently
lrculated in the best informed quar-
ers since Monday, and circumstances
'hich have come TO our knowledge since
he return of the Ministers last night
rom Osbore-house, leave scarcely any
easonaole doubt that the reviying re-
ugnance of the Duke to the decision
{ his colleagues has rendered it neces-
Try for them 10 tender their resigna-
on TO her Majesty. Is