The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1848-01-08
FOURTEEN DAYS LATER
FROM EUROPE.

The Caledonia arrived at Boston Jan. A.,
with London dates to the 18th of December.
Wilmer s. Smiths Times states that, since
their last publication, Commercial affairs have
not improved to that extent which the in
creased facilities in the discount market
might have been supposed to warrant. In
the manufacturing districts there is more
employment, but the markets for all descrip-
lions of produce continue in very depress-
ed state; aud in the staples of Sugar and Cot
ton there is further decline. The Corn
market, since TIE beginning ofthe month,
has been remarkably steady. On the mar
ket day ofthe 9th inst prices continued unal-
tered at our last quotations; but on that day
se'nnight the trade evinced decided dispo-
sition TO make purchases, and the finer and
best conditioned descriptions advanced about
Is. whilst the common runs fetched about ].
per quarter above the previous weeks prices.
Foreign Wheat has been but in moderate de-
mand, without a change in prices till Monday
last, when prices improved Is. per quarter.
Flour has advanced Is. per sack, and the
best American Flour has become more free
of sale, the nearest price being about 30s,per
barrel for the best fresh Western Canal"
Our London correspondent writes on the
18th as follows: "Political, commercial, and
general affairs have been remarkably quiet
In Parliament, Ireland has been the perpetu-
al topic. Irish relief, or Irish coercion, has
formed the ground work of nearly every de-
bate. The leading measure that has occu-
pied both Houses is the coercion bill-a bill
TO suppress crime and outrage in Ireland.
That bill has gone through the House of
Commons, and is now in the House of
Lords"
'In the House of Commons on the 9TH,
Feargus O'Conner moved that committee
be appointed to inquire into the means by
which the union between Great Britain and
IVl1, 4 \ -
which it had produced on the people of the
Two countries. After n lengthy discussion,
the motion was rejected, by majority of 255
40 23.''
SWITZERLAND.
The fall of Lucerne has put an end TO mil
itary proceedings in this quarter The King
of Prussia insisted upon the neutrality OF
Neufchatel during the civil war, and that
province was respected. Sir Stanford Can
ming arrived mt Berne OH the 9Th, and imme-
dhteiy had an interview with the federal au-
'tnoritIes. The only news from that townis
that note from the Prussian Government
had been presented to the President of the
Diet, and that the Provisional Government
of Lucerne had, after the example of that of
Friburg, sequestered the property of the
members of the former Government A let
ter from Vienna states that the dissolution
'ofthe Sonderbund had produced profound
''pi OoS'ou uHionSSt ING uISHef circles oil mat
capital. 1t is added that if the Diet oppose
the proposed mediation ofthe five great pow
ers, more serious measures will be adopted,
of which the execution will be intrusted to
Austria and France.
From the state of the chest of the canton
OF Lucerne, recovered from the fugitive au-
thorities ofthe Sonderbund, it appears that
the treasury of the League derived its chief
resources f.an from loans supplied by Austriu,and
from an examination of the arms and artll-
cry captured or surrendered, it appears that
inc League derived its arms from France
Inc cypher Louis Philippe was found up.
on the artillery. The cantons of the defunct
League were proceeding with the elections
OF their respective grand councils and other
cGntonai authorities. The popular assem-
plies of these Cartons respectively had pass
Ell resolutions in substance similar to those
OF Fr'bnrg, and Lucerne, renouncing the
League, acknowledging the authority Of the
Dlet, and recognizing their governments.
The general assembly of the people ofthe
canton of Zug adopted on the 9Th resolutions
SmLor to those adopted by The other cantons