Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1848-01-21
TUE5l1G1,la
NEWS BY TIE CALEDONIA.

"hh Nic eACCpuOn OIL TIC rum0r that
government has declared its intention 10
permit the Corn law suspension act to ex-
pre- by It's own limitation on the first of
March next, and thus revive the laws i'm
posing duties on foreign grain and its pro-
uuce, we think the news will he looked
upon as favorable. There had been no
failures OF any extent; the rate of discount
was declining, and although there was great
and continued distress in the manufacturing
districts, yet more hands were in employ
ment.
Whether the British government will be
able to withstand the pressure and refuse
TO re-enact the law suspending the opera
ton Of the Corn Laws, remains to be seen
We had supposed the free trade parliament.
flesh from the people, would be disposed to
be less hasty in their legislation and try for
another season At least, what good free trade
In corn would effect; and it may he that the
ministers may not find votes enough TO
carry out their determination.
Qncen Victoria is expected to have anoth-
er heir in March.
In Parliament, lord John Russell had
moved To remove the Jewish disabilities
The debate on it continued on the | 9th.
Fletcher, Alexander & Co., reported as
in trouble, by the last steamer, did not fail,
The bank helped them.
France sends the Duke Dalmatia, son of
Marshal Soult. to Russia as minister. Pa
geot is to come back minister to lhls coun-
try.
Since the departure Of the Hibcrnia the
money market has not undergone any very
remarkable change The rapidly mpro-
wing condition of the bank of England which
now holds upwards of el0,000,000 of
bullion. has greatly tended to amclioratc the
the consequences of additional failures, and
To sustain in some measure the lettering
confidence of the country, notwithstanding
the operations of this cause as well as
other influences of similar effect, those
antlclPalons of Improvement which was
lately founded upon relaxation Of the
monetary pressure and increased facilities
OF discount, have been seriously staggered
by the continual fallen value of produce,
particularly colonial and the almost un-
paralleled difficulty Of realizing safe at ali
enormous sacrifice.
We learn that the Caledonia has brought
out S230,000 III specie. 1t is gratifying to
sec this evidence, inconclusitc although it
may be, that The demand for this article is
supplied in England, Thc Acadia, which
arrived at Liverpool from this port, on the
10Th. carried out 100000 in gold, and the
lllbcrnia, which sailed from New York on
Sunday, carried nearly an equal amount.
The war with Switzerland seems to be At
an end, although the diplomatic arrange
mcut for the settlement of affairs among the
Cantons, arc not brought to a close. Sir
StratlOrd Canning the British Ambassador
was at }crnc. The diet had taken mea-
surcs for the reduction of the Federal army
and its staff. 1t had also, after Il long dis
russion, passed decree cond;mning the
Canton Neuichatel to pay TO the confcdcra-
ton fine of 100000 francs, for the nom
iultllment of its federal duties. 1t Was I'M
derstoOd that the Canton would obey the
decree. Some further news from Swizcr-
land, is givenin the suboincd extracts.
The French steamer Union put into
Cherburg on the LIST December, from lon
giude 10, Icaky and pumps chokcd.
The celebrated Father Thomas Mcguire,
the Roman Catholic divine conlroversa.ist,
died tho week before last, in Ireland
Within the last fortnight or three weeks,
the British Islands have been visited bv a
succession Of tremendous gales, caus ing
the most appalling loss Of life and property
on the coast; several vessels have been
wrecked, either with the whole, or 4 consid-
cradle portion OF their crews. Among other
ships from thus port that have shared III the
casualties. is the Franklands, for Cnlao,
whose master md 90 of the hands were
drowned.
Spain is tolcrably tranquil. though the
Carlists are as usual, unsettled. In the
Cortcs a fierce attack has been made upon
she administration.
There is no intelligence Of importance
from France. The health of the Hing is
bad
Agrariau disturbance have somcwat sub
sided in Ireland.
Father Matthew will proceed to America
50 the New World, early in April next.
SIR. Li<ton. the eminent Surgical opera.
tor il dead.
Zee commercial news from India is
highiy gratifying. Trade has suffered
nothing igom the cmbaTrassmcnts of Eng
land. aud Is represented as being IN an OK
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