Herald of the times, and Rhode Islander. [volume] (Newport, R.I.) 1846-1849, 1847-12-30


rope.
II A glance at commercial affairs gen
orally will be obtained by the following
from The European Times:
/ "It is gratifying TO be able 10 ao'
nounce that a marked improvement ha,
taken place during the last fortnight IN
the aspect Of commercial affairs. The
value Of public securities has advanced
and there has been less strineency iE
the money market generally. The res.
olulion Of The bank Of Eng land to reduce
the rate Of interest to 6 per cent. which
was promulgated on the Cd inst, will
tend still further TO restore confidence,
md enable holders Of produce to sell
their various commodities on most favor
able terms. At present. however, the
markets for foreign and colonial produce
are depressed and this fact, coupled
with the failures which occur at inter
walls in all parts Of the country, throws a
gloom over our prospects which the a
me eliora,ion Of the money market does not
efiec,ually remove. In the manufac.
turing districts there is somew great
er activity; with more hands employed,
whilst on the other hand, large bodies Of
men are being discharged from the ysri-
ous railway works which have been sos-
pended"
The cotton trade was dull, and prices
were Is Sd a pound below the prices
sent forward by the previous steamer.
The corn market had declined. Indian
corn and -four had fallen, the best Amer
lean -four being quoted at 90 shllings.
The Royal speech from the throne
was delivered by commission on Tues.
day, the 23d ult., and the real business
Of Parliament at once commenced.
The state Of Ireland naturally formed
On important feature in the first debates.
Sir George Grey at once gave notice Of
his introduction OF a bill for the better
repression Of outrages in certain parts OF
Ireland. The right honorable baronet
took the opportunity afterwards Of state
ing that a large store Of provisions was
still in the hands Of the Government,
and considerable funds were left in the
treasury Of the Relief Association, which
woiild be applied 10 meet the cases Of
the greatest emergency in various parts
Of Ireland where utterly helpless desti-
tuition existed. 1t is impossible to read
the debates without being struck with
the entire absence Of all party feeling
which seems TO prevail in the House in
the discussion and treatment OF the
grieyances or ireland
Leave to bring in the me asure was
granted by vote Of 233 to 90.
Amongst other notices Lord John
Russell has intimated his intention 10 in
troduce q bill for the removal Of Jewish
disabilities Mr. Feargus O'Connor b as
placed q notice on the books respecting
the Repeal Of The Union.
BELGIuM There has been eome slight |
trouble and interruption Of diplomatic rela-
tions between Belgium, and the Court Of the
Holy See.
Russia Tho cholera prevails to an a.
farming extent IN several Provinces Of this
empire, large number OF cases having oc
urrcd, two iflhs Of which proved fatal.
SwITzERLAsD.-S.ncc our last the city OF
Fnburg has capt. Ulatcd to the federal troops
without striking blow. The federals estab
IIshed martial law. which. however, was not
enforced after the I9,h n,imo. On the same
lay the provisional government issued dc.
'ree bnnishlng The JrsuIis aud the other re.
lglous orders from the territories Of Fri n
burg. II
The Canton Of Zug also capilula,ed to the
edersl troops on the 2Ist ut. Two Lucer.
,ese districts. Plcffkon and Monzlkon, sur
endered without the least resistance. 10
wo hours !rom the moment Of the entrance II
If the federal troops all was tranquil, the mi. II
ita having dispersed aud returned to their
espcctive homes. On the 18Th. the Lucer. H
,ese attempted On inroad into the Bernese
errilory. bnt Gen. Dufour having detached K
division upon the menaccd point, they i'm H
ncdiaiely rereoted. H
Accounts reached Berne late in the eve. H
ing of the 2lst ult that The grand council of
.uccrne had determined, by a mojorny OF
My three votes, 10 persist IN resisting, by
Drce of arms, the execution Of the DEGREES
{ the diet. H
On the frontier of Tcino and Uri, a Sc.
ere action has been fought, and fortune has
lvored the arms Of The Sonderbund, though
o details o! the loss Of The two beligeren.
arIies have yet been received.
1t appears that the troops Of Valais, being
lockaJed on the side OF the Vaud, and pre-.
ented from CO operating with Lucerne, had
csolved 10 mike diversion ia the direciionl
Ticino With this view, four or FIVE bat
'lions having crossed the Furca, reached \
10 Canton Of UTi, and directed their marchll
renee TO the St Gothsrd, 10 reinforce the
ri troops. which had already by that route
cnetralcd into Tcno.
This reinforcement having raised the for.
es Of the Sonderbund collect at that place
1000 men. they took the offensive, and on
e 18th, after severe action, they advan.
I'd to Airolo, where Casselinis battalion
I'd company ofrifemen were qnartered. III.
hese troops were compelled TO retreat be.
re the superior numbers Of the invaders,
no, aher taking possession Of Airolo on the 8
nh, continued its marching on the following c
~, and occupied Fado the chief village OF a
e district Of Levnnllne, three leagues fur. I
or oil, without rncounteriDg any resistance, :, r
here Col. Luvina intended TO give battle to
G invaders, nj the head Of four baiialions
infantry, four Companies of carbinecrs. two
volunteers, and a battery and hal of ar. 5
lery. According to advices from Asran.
. general IN chic Of the federal troops had
dered two battallons OF the division of \
-mur to advance, by forced marches to Ii.
no, across the canton Of the Grison.
General Dufour is investing Lucerne with