The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-05-19

IT, hood. whis mo5sy IL dsspp.sr, 81 fcod q he
people rise In PRICE dTsety In proportion the
sensibilty 1t may be ignorance seems to have fallen
upon the government whose policy seems to be to let
trade Is they cali it. which Is not ho~svsr the iesiti
mate of trade but the anomalous course Of ruin
The obvious remedy to allow the bank temporarily
least to issue adequate amount OF pound notes
to supply tho vacuum created by rapid departure of
the gold Of the country and II this done some
stalk through the land win exceed by far what could be
produced by the most fatal convusion terrific
The day after the above was written the subject was
preached In Parliament though for obvious the
real extent Of the evil fully open to the public
And though Lord Ashburton declared that best bills
could be discounted except the fearful Of
and IS per cent and Dir. Barring showed that all the
trade of the country especially the export trade In
founded bills and dlscounts and though 1t known
that In the manufacturing districts the ars stop
draining the country of money-yet Lord j. Russell
forward with the declaration that government
tends to help the drain and tighten the money mar
ket by taking up fresh loan for reand Strange In
stuation Of Minister'S 1t looks like "Qwsm Dues pu per
ders prfus dmentat." The Minister at the same time
declares that he will not relax Peel bank law and
bio tho bank to issue notes but that GO
ing to issue notes For exchequer bills nothing but
notes issued by government instead Of the bank SIN
guar absurdity this The exchequer bills already
at discount and notes Issued by the bank would DO in
fear of any depreciation This is refusing to issue
good paper and determining to issue bad Hsu guant
sapientia regitur mundus. Better issue rather none
at all
Lords Is rather doubtful The continuance Of the pre-
sent Ministry In power depends upon It On Thursday
he 9th nj It. the great cont will come on curiosity Is
all tp-tos One thing may the Ministry there
no party very anxious for power at this crisis: and on
much altered in tho Lords
The Ministry have last found out the folly Of their
eeemosynary system and about to set the Irish to
work railroads. by advancing the money to the differ
emit companies enable them to 30 with their works
The "rint" aud MIR. O'Connen both at their last
gasp The condition Of the latter as
me he In he of a
religious deriup fremens and calls upon every that
secs him to pray for him By the last accounts be wa:
unable TO 60 on with his journey to Rome and obliged
to remain where he H. in the south Of France there
doubt to die
sures Of the Csar of Russia For few years past the
gold mines Of Siberia has yielded richly equal It Is sad
been boarding up ali this gold and has millions Of it. but
he has found out that 1t does him good than II
was At the bottom Of the ocean while he merely keeps
1t In foreign securities imperial ukase for which pur
pose has appeared This has thrown the money market
The breach between France and England is consider
ably widened Lord Palmerston is not man to remain
the passive recipient Of blow on the face Not only
have all the schemes and policy of France in Spain
ruined BY British influence but England has also inter-
posed efectusy to check the Mediterranean policy Of
France. In Greece also France has met with
modification, where at the expense of uphodng the
infamous Coletti Ministry, she has long been supreme
The British cannon the significant messengers by
which Lord Palmerston is saying word in the ear
Of King Ohio and his Minister'S and they intimate with
mediately be put in Of payment that the
British government will no longer be trined with.
There Ii good to believe that the reports crcu
lated of the character conduct and disposition of the
youthful Queen Of Spain false and vile inventions
Of the Christina faction Such have
to light relative to the means by which France had
tabshed its power In Spain have had the effect of
rendering the Afranoesados French party odious
the eyes Of every Spanard 1t appears that Christina
was wholly devoted to France and perpetuate her
own power, deliberately sold Spain and her daughter
to Frances she kept the young Queen in state Of fright
full ignorance and endeavored to corrupt her mind and
morals with the view of accomplishing her dethrone-
ment whenever 1t suited her views ana it has
come out actually oonspired with the late Ministry and
their creatures to dethone her and invest the Duke
Montpensier with the Regency But she is at last
cipated from her yrants is reconciled again with her
husband and has put herself at tho head Of the popular
aud onward party.
Jenny Lind, the blue-eyed Swedish syren, 30 long
anxously looked for by above two millions Of people, has
come at last 1t will be furore to her like the
Fanny Elsser excitement In New York. Mrs. Butler
has been performing at the Queens theatre before the
Queen with company Of noble amateurs for the bene-
ft Of the Scotch and Irish
By-the-by the fever in Ireland spares cass-the
great and wealthy beginning to be moved down by
It, The Lord Lieutenant Of Ireland Is lying the point
OF death from it, joined with incessant anxiety To aay
the alarm his friends give out that it Is affection
different nature, and willing to persuade them
selves that 1t Is so. But alas w.