The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-01-23
FOREIGN.


idcdnce an the cotton NEUTRALITY-SUSPICIOUS. smes- H'-
ty thousand bales reported dayAmericdn roii-
tics in Europe, &c. &c.
The arrival of the packet ship Quebec, Captain Will
iams from London has placed in possession Of two
lays later intelligence from all parts OF Europe Except
n commercial point OF view, the news possesses very
title interest and is OF very little importance.
The immense sales of cotton in Liverpool the 7h OF
December at advance of one-eighth Of penny per
,ounl. have given great irmness to this market, and
will no doubt cause an aivance Operators are, howev-
r. waiting the arrival OF the Hbernia, and she is full
due having been at nearly sixteen days, there will
,e very little done until her advces received.
Very large amounts of specie coming out i'm the HI
,ernia one house in WalI street having on board one
hundred thousand pounds sterling. II is estimated that
she viii bring anout one million OF dollars. This will
in good tme and be OF vast service in relieving the
money markets, and in enabling the government to raise
money upon more favorable terms than it otherwise
could Within the next three months the importation OF
specie from England will be very large, reaching, no
loubt our first estimate, ten millions Of dollars Our i'm
porations of foreign manufactures have thus far, this
season, been exceedingly limited and the indications at
present are favor OF very limited trade for the next
Should anticipations IN relation to the import
part OF our own foreign trade trade be realized the bal
ance in our favor will be large which must be qu
lated by shipments Of the precious metals.
The steamer due will bring twentyeight lays later
After her arrival, we shall be able to form more
correct opinion OF the extent of the spring trade Very
much depends upon the position of the European markets
for our principal staple productions.
According to the cotton report of the 7h ult, that sta
hie equal to increase Of tro millions Of dollars IN
the raluc Of the ,chole cotton crop cfthis country
The Montezuma, Niagara, and New World were still
at sea; neither had reached Liverpool.
The statements in the Russian papers that Schanyl had
been beaten by the Russian generals, ccntradced
was taking northery direction.
In the absence OF any political of pressing in
teres the Paris papers OF the 9th u are Principally &C.
cupei with the financial and commercial prospects Of the
We learn from Berlin. of the Doth of November, that
M. Won. KanpN hal been commissioned to proceed i'm:
nelately TO VIENNA there to regulate the commercial
relations of Silesa, in reference to the incorporation OF
The Austrian Observer of the list ult declared that il
authorized to announce that secret treaty has ever
existed between Prussia, Austria AMI Russia relative to
the republic of Cracow.
Spain has gone through all the phases OF ministerial
crisis in the short space OF wentyfour hours M lsuriz
and his colleagues have been put out OF Office. The
Marquis de Vuma having ha the honor OF being callel
on to form cabinet has failed and NJ lsturtz and
his colleagues replaced in their former positions.
ALI this, repeat occurred in one short November day.
all this hubbub took place on the 29th OF November.
From the London Times. Dec. 2.
American Politics In England.
"Party" it is said, is the madness Of many for the
gain of few" The proverb has great show OF truth
The greatest minds have submitted TO party have built
on party their hopes, and wrecked party their indie
penlence honesty, and name. So far Il is true enough
that party is the craft and nstgaton OF few. The 9th
member OF the sentence, seems to speak for ITSELF VI
enough. Notwhsan ling however, this primataeie
view of the case take leave say that the proverb
simply ashoOi twisted ed into an The nh ~
mob OF yeomen--he mob OF manufac-
village mob-the street mobhe club house
mob-the court mob-are just as much given to mix pef
with their politics the few great who occu
py the summit of the State and WELD contend for the
helm. The many are quite as base as the few On the
other hand, what is the gain of the few! To hamper
themselves, to nip their genius in the bu to form de-
gra ling AMI suicidal connexions with inferior to
compromise themselves to narrow views and ephemera
objects, commit acts, an deliver speeches which will
entail either early retractaon or an endless disgrace
which will either torture conscience till it unburdens it.
self or obscure fame when the loss no longer be
pairel -al this forsooth, is the gain of the few Yet
that is all that any considerable man-any OF 6 the
few'ever got ever will get, by party. That Is all
that Sir Robert Peel got by conservatism and that
is all that his Yankee initator, Mr.. Webster, will
ret by whigism."
The great American conservative may, possibly, think
that he play with in his corner OF the world
a game which results have stamped with failure, and
public opinion with discredit, this side the Atlantic.
Possibly he may think it matters little what think of
who inlames the Union to bitter crusade against
the importation of British commodities. 1t may never
10 him that to the public mind Of these islands he
must present himself in better light than the charetan
who pagarizcs the stale and exploded rckeres of the
Old World No self-decepton however, no indifference
to British opinion can save him from the gulf that yawns
teress of that noble Union will not long be sacrificed to
the "nterests" or, rather, to the preudces OF few
classes in few States The vast interior continent, the
the Mississippi the Missouri, and the Ohio, the growing
limbs of that gigantic commonwealth will not be stuned
the capacity OF few mercenary and jealous
New Enganders. With the market of the mother coun
try open after long and painful struggle to the Amer
agrcuurss they will not suffer the political teach
ery Of their own fellow citizens TO nepose embargo,
and build up the tariffs and custom houses the walls and
bases of monopoly, which we have thrown down
They will not Ii is unnecessary for moment to sup
pose that they will What, then, becomes OF ewing
ism" and Mr. Webster He must either hide his head
altogether or thank his for decent opportun
ty of reractatlon.
His own country has supplied him an example which
he would do well to invest with ominous Importance
and if it is not quite pleasant to take lesson from RI
val, we beg Mr. Webster TO consider that something
other in the nature of sacrifice must always go with re-
pentance. No earth eat his words and go
about his business if nothing had happened. The
ample which Mr.. Webster will have to follow is other
than that of Mr. Dallas, who Vice President gave his
casting vote in the Senate in favor OF the tariff not
wihstandng the unfortunate circumstance that he had
risen TO power as champion of the prohibve system
His former supporters to have expected that when
the leader Of their cause, and the of their will
positively held in his hanls the balance Of commercial
Justice the manufacturing scale should of course kick
the beam. Mr. Dallas, however, acted for the Union
rather than Pennsylvania, and accordingly burnt 10
eiyy by the citizens OF that celebrated State The result
Of this auto dc 6 much the same as that Of some SIM
liar burnings whereof own history speaks. III ony
enabled the martyr give wider uiterance 10 ms esa-
nony committee OF his constituents IN washington
county were thereby stirred to congratulate MT Dallas on
virtues-sn act the moral inrepdIty OF which should
have eIicel one universal shout OF Animation" Mr..
Dallas d not neglect the opportunity OF testyng afresh,
and his letter with the address that elected it, appeared
in our n1pr ssson of the % tn ult.
II is that lie tier which advise Nh. Webster to digest.
IL H. n hra Ln~