The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-08-18
OUR FOREIGN DISPATCHES.

--Speech Of the u. s. Cons,d--Merican Bind
holders-Spaim and P@tugai- Continental Nut
tes--Pi,ates an the Medite,ranean-Ind.a and
Chana-Pot0fo Diseose--Eeland-- Markets, &c.
BY the steamer Britannia, which reached Liver
pool on the 10Th instant the British government
received intelligence, that the post-oce authori-
ties, in New York, had received official lustruc-
ons to levy postage of % cents twelve pence half
penny strling every letter not exceeding half an
in weight mailed transmission to Great Bril-
tain by the British steamers and four cents
or two pence sterling, every newspaper mailed as
well similar rate of postage letters and news.
papers received by the steamers from England
Through the medium of the press, these important
announcements were speedily made known to the
public, and produced little excitement and yexa-
lion amongst all parties whether British or American
who engaged in, connected with, trade to the
United States can state with confidence, that the
unanimous feeling IL, that the. government of the
United States, in deciding upon this course, ha
acted with due regard to its own interests and in
nifed and proper spirit retaliation for the
and prohbtory postage levied by the post office here
on letters and newspapers received by line
OF steamships 1t is known that the American minister
Mr.. Bancroft in negotiating, last year, with the
English government, in reference to this postage,
question: used argument and endeavor to place
the matter fairly before the powers that be- and
inexpcable why Lord Palmers ton should have allowed
extreme measures to be adopted the other side of
the Atlantic, which must prove preudicia to the
interests of the manufacturing and classes
In the House of Commons Mr. Brown, the member
for Liverpool promptly addressed some interpelations
to the Minister for Foreign Affairs nquring the reason
why the British government had permitted the retail
atory measure to take place. Lord Pr lmerston how
ever would not give any specific reply the subject
and j. remains in quo 1T is considered that
long, negotiations will be resumed and that the
system Of reciprocity One shilling sterling Der letter
is postage quite high enough and the English post
Office will soon find its seriously inished if
its illiberal policy is continued. The United States
post Office, the other hand will derive large profit
which if continued, will make up for the deficiency
that must exist between the amount the contract
money paid to the Washington and HERNIA Il stea mers
and the small amount that has hitherto been received
for letters conveyed by those ships Should the
American steamers continue to make such good voy-
ages as lately made by the United States and Her
MANN there is no doubt the correspondence ad.
dressed to by them would be greatly increased and
there would be little reason to suppose but that the
government would be reimbursed in excess for the
amount paid to the Ocean Steam Navigation Company
under the stipulations Of the mail contract Already
the performances Of both the United States and the
Hermann fave made favorable impression on the
public in England as instanced by the of pas
sengers and quantity of freight taken by each ship
and, II other steamers could be Immediately put on
between New York and Southampton and thew proved
successful, prognostcate that the Ocean Steam
Navigation Company would become a prosperous
enterprise, and that the government would de-
rive considerable revenue from hostages.
In connection with the establishment of the line
OF steamers here would mention a gratifying fact
anniversary coronation
Queen, grand banquet was given by the Mayor of
Southampton, to the Aldermen, Councillors and
others. MIR. J. R Croskey, the agent of the o. 8. N
Co., was present by invitation; and to chow your nu
merous readers the kind reception he met with ex-
tract from the Hampshire adrertiser report of his
speech &C. After the customary heaths of the Queen
and royal family had been drunk,
The MAYOR, of Southampton next proposed the
health Of gentleman on his right, RI. Croskey Esq.,
Consul Of the United States, in connection with the
Ocean Steam Navigation Company. That gentleman
had been the means Of bringing to this port portion
of the trade of America, and Of making them in
timately acquainted with their transatlantic brethren
(Great applause)
M9, CnosKEr, rising, received with great and
repeated cheering and begged to return his most sim
,ere thanks for the high compliment they had just
paid to his country, to himself and to the interests
he represented In these days of progress it was no
small compliment to have onsef associated in toast
with the giant power of steamthe mighty clvlzer of
the world-whether as applied to the weaving of ia
brics for the comforts of mankind to the inter-
weaving of the web of amty between nations(cheers)
but when their courtesy had chosen to wish success
still in its infancy before toasting the older and
powerful companies that have exercised important
influence the d.stinies Of the port of South
ampton, he felt the compliment 70 be so much en-
HANGED, that he could d nd words adequate to
press his appreciation Of their kindness. 1t would be
successful Companies he had alluded to- They stood
before the world amongst the greatest achievements
of the present age, and his most sanguine wishes
Company to attain equal degree of perfection and
prosperity. Their company had had many difficulties
10 ACKNOWLEDGEMENTS always attendant upon q
new enterprise; but he was happy to announce that
these dicultes If not altogether overcome, are fast
disappearing The kind wishes OF their friends as on
che present occasion, would cheer them in the prose-
oution Of their enterprise to successful issue. He
would request permission to make few remarks with
reference to the object for which they had met that
evenng-the celebration OF the coronation OF her
Majesty the Queen and let him assure them that,
although an American, and of consequence q re:
publican, he could, nevertheless, appreciate and
applaud the feeling which so unanimously pervaded
that meetng-the feeling Of loyalty to their Sovereign
repeated cheerng) In the United States they hold
that to be the best citizen who most jealous In
his obedience to the laws or the many thousand
Europeans who annually take up their residence
amongst them they always find those to become the
most worthy citizens who have been good and loyal
subjects under their own form of government. From
their earliest infancy they had been taught to con-
slider the feeling of loyalty to be essential to the
character Of true American, 1t is held in this
country to be essential to the character of true
EngshDan. (Cheers.) With Americans, loyalty was