The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1847-11-27
ARRIVAL OF THE STEAMER
ACADIA.
II DAYS LATER FROM EUROPE

II DAYS LATER FROM EUROPE.
The Acadia brings dates from England to
n the 4th inst The following we copy from
4 the Boston Atlas ofthe god:
The deplorable state of affairs in England
has induced the Government to come for
ward with measure of rcliefpermtting the
Bank of England to make advances on Stock
and EXchoquer Bills, at the minimum rate
offs per cent.
1t will be seen by the following letter,
from our London correspondent, that this
measure has in reality effected little or no
good In his letter dated London, Nov 3D.
do'cIock, i. NJ, he says: The news which
you will receive by the Acadia can all he
compressed into n few lines. The only G.
vent Of any importance that has occurred
since the steamer Washington left, is the
measure recommended 10y the Government
for the relief OF the mercantile classes. Min
isters held n meeting on the 25th ult, and
then proposed to the Bank to extend their
discounts TO the amount oftwo millions ster-
ling, and to charge per cent. interest. The
Bank issued n notice on the same day, offer
ing TO make the advances rs recommended
ty the Government
The immediate effect of this measure was
highly beneficial; stocks ofnIl kinds advanc-
ed, and general confidence was, for the mo-
ment, restored. When, however, the meas
IRE was more calmly examined. reaction
took place-stocks went down--money be-
came scarce--failures were constantly an
nounced, and general gloom prevailed. Dur
ing the latter part of last week, and up to the
present moment, mercantile affairs have re-
NAMED in precisely the same deporable con-
dUon as they were two, or four,or six weeks
ago. When you examine all the accounts, it
will be discovered that trade is still very dull,
cotton is decining--the funds arc low--mon-
Cy is scarce-disCounts are denied-mcr-
chants, and traders, and manufacturers are
compelled TO suspend payment-gold in the
Bank still decreases Notwithstanding the re-
ccipt large quantities from abroad, and the
pressure and the panic are causing general a.
larm.
In the midst of this pressure, railway
works are being suspended, and the mills in
Manchester and other towns are working
short time. The consequence is that opera
uyCsOnd laborers are being discharged in
companies ofthousands, with n long winter
before them. while the Irish poor are coming
over to England by the ten thousand.
This peculiar state of affairs has urged the
necessity of Immediately calling Parliament
together and it will assemble on the
18th inst, and the Queen will read
the Royal Speech on the 23d. One Of
the first measures will be Bill of Indemnity
TO the BanIS--the second, and very impor-
taGt question OF discussion, will be the a
larming condition ofthe poor of Ireland.
More money will be granted, and large
supply of food will be voted, while the ques-
lions ofrevenue and taxation will call forth n
long and serious debate. The future promi-
ses to prove Il most exciting and critical pc
Rod for Ministers, mercantile classes, and
the whole kingdom.
Before further accounts reach America
10 1nr bnr ratI n
9tcGnhdence-an increased trade, and an
easier money market-but the change will
be only temporary one. The trade and
credit Of the nation are exhausted, and IL long
time must intervene before either will again
be restored,
The political news of the day is quite I'M
important, with single exception.
The affairs of Switzerland occupy much
attention in England, France and Austria.
at IS believed that bloodshed will take place
10 Switzerland within n very short period.
IT is supposed that France and Austria will
interfere. Franco has Mt this moment 10000
men on the frontiers ofSwitzerlnnd;and Aus
tria has already sent troops in the same di-
recton. 1t is stated that every canton is COW
cred with soldiers. All business is at an end,
as every body is exclusively occupied with
preparations for war; The Ambassadors Of
the great Powers will leave Switzerland the
The market has undergone sudden fluctu-
ailons during the last five or six days. The
Corn markets, all over the country, are i'm
proving and prices are quoted higher.
Htstor's Baisam Of Witd Cherry in the OId
dominion We extract an article from the New
Era, published at Portsmouth, va.
we have been, for some days, suffering I'M
oer severe inHammations of the lungs pro-
auced by cold, ard irritated by speaking in
PuDi' e so that throughout Saturday nigh, Sun.
gay Monday till Tuesday, the symptoms of
tne disease seemed to increase, and the suffer-
ing IN was intense, without the least appetite for
1000 The cough was dry and hard, causing
I inc most acute pains in the head and baok.-
we had fairly given up all hope ofrelief,when
we thought of this Balsam, aud we sent round
TO our friend, Heintish, the agent, for bottle.
we took the first dose according to directions,
and almost instantly felt a glow of healthy
warmth through the system-this was two o.
clock-at five took another dose, at nine
another, and we soon after detected a percep.
t!nie relief in the frequency of the spasms and
violent pains that had before attended them