Herald of the times. [volume] (Newport, R.I.) 1849-1856, 1849-01-18

she brings news uo ti'c oo'h u'''
The interest still felt for the position Of the
Pope continues predominant. Ills holiness
s,ill remains at Gaeta, from which point all
kinds Of intrigues and negotiations have sprung
up. o.;I, oe tho Init
eL States was read with deep interest IN ,ireal
Rri,ain. esuecally that portion which related
"a the discovery of the Gold Mines in Caliior-
In London the Stock market had become
very steady.
The Corr trade has been in very duii and
dropping position during the fortnight he
duty on Wheat is now rs per quarter, ana on
Flour "A I'd per bb but as the new law, fix
ing the duty at one shilling per quarter, comes
into operation on the lst of February next, the
business on duty paid Flour is only by retail
at 26s to 27s per bbl, and IN hond at 23s 10
25s Cd Sales of American Wheat ale Deing
made at 6s to rs per 20 lbs in bond. Both
here and in London the demand for India
Corn has fallen off, and at present we quOle
common white at 3Os and the best yellow 32s
Cd per quarter. ,.
The Cotton market has been more buoyant,
and sales to a pretty large extent have been
effected at improving prices. Inc safes LOT
the week ending 22d inst. amounted To ~
$50 bales chiefly in the early part OF the week
of which II 900 were on speculation, and 10
90 for export and the business Tor four days
ending last evening was 1880, OF when o'oo
were taken by spectators lhe hmerica',
descrip,ions consisting of622O Upland at Lid
to4 3.Sd 1910 Orleans at Sd. TO Led; 81
90 Alabama and Noble at 3 SD to Id;
and 800 Sea Island at I'd to l3d per ID. The
official quotations are l-sd for fair Upland,
lid for fair Mobile, and 3-Sd for fair Or
leans; middling 7-Sd TO Cd aud ordinary 80
10 3 5-Sd per h.
The Iron trade has become. much more ac-
tive, and good business is now going forward
in mostly all the leading markets IN The Unit
ed Kingdom.
The winter thus far has been very severe III
Russia aud the northern parts OF Europe
The British government. 1t Is sud, anllcl-
mating a failure in the supply of food for Ire
land or something worse, VIII propose Il" au-
dilonal loan of four millions.
Its reported that conspiracy has been dis
covered at Ieipsic, which was to burst ou
sim Iltaneously there and IT Dresden.
The great blnkng house Ot Albert " CO',
Madrid has failed for an immense amount
The Spanish government has undertaken tC
interdict tho cholera, by prohibiting the en-
trance of vessel from any port where the
disease prevails.
FRANCE.
On Wednesday, Goth inst the ceremony oi
proclatming the new President took place ~
the National Assembly, and VI. Marrast, IN a
loud voice, though somewhat broken with
emstion. declared Louis Napoleon TO be the
President of the French Republic to the I'd
Sunday in Nav, 1852. lie invited the Presi-
dent to come forward and take the oath OF OIL
hce.
Louis Napoleon advanced to the tribune,
and swore to remain faithful to the Republl,
aud to forward its interests IN all respects. lie
then read an address 10 the Chamber, In a hru'
yoice, and with better succt SIS than his prev
ious attempts at oratory III which he pro-
f,ssed a spirit of conclliation praised pener
al Cavnignac for his moderation and generosi
" OF character and declared his aim to he, L
establish ust and firm Government, "ithou
being re-actionary or utoplan.
When the new President concluded hl'
brief Speech he proceeded down the centre o
the Chamber, and advancing towards Gen
Cavaignac rendered to him his hand lhl'
movement surprised Cavalgnac, but delighted
the Chamber. After the pause OF an instant
Cavaignac responded to this determination anC
shook hands cordially with the President
amidst the marks of the most unequlyocal sat
isfacton from all sides. NJ Odlon Barfo
was empowered to form the new Ministry
Their names have since been officially gazet
ted.
TIE ADDRESS.
The following address was read TO the Ma
tonll Assembly by the President Of the Re
public, latter taking the oath -
Citizen representatives, The suflrages o
the nation, and the oath | have just taken
trace out for me ray future conduct. ShaI
follow it as a mau of honor shall regard a
,,fp all those shall
tempt to change by Illegal means what al
France has established. Qlear) Bet"eeI
yon and me, citizen representatives, there can
not be any real difference OF opplnIon. Ou
wishes, our desires are the same.
wish, like you, to place society on IFS tru
basis; to strengthen democratic institutions
and to alleviate the miseres OF that generous
and intelligent people which has just given me
such a striking proof of lis confidence. The
majority which have obtained not only pene
trates me with gratitude, but 1t will give toiht
new Government that moral force without
which there is no authority. With peace anc
order, our country can again lmprove-caf
cure its wounds, bring back the men that have
been msled, and calm down passions.
Animated by a sincere spirit of Cancellation,
have called around me capable and patriotic
men who IN spite of the diversity OF their pollt
ical origin, are ready to devote themselves will
you to the application Of the Constitution, tn,
Improvement and glory of the Republic. a
Government coming into power owes debt o.
thanks to its predecessors when the deposit %
its authority is handed over to II IN Fact and II
particular owe to the Hon. Cen CavalgnaC
to say that his conduct is worthy Of the gene
rosty of his character, aud that sentiment o
duty which is the first quality OF a statesman
(Hear, hear,)
We have, citizen representatives, granc
mission to fulfl---to found Republic IN thu
interest of all, and just and firm Government
which shall be animated by sincere desire o
progress, without being either reaction or Ito
pain Let us he the men of the country, no
the men of a party and, with the aid OF God
we will at least do good, If we cannot achieve
great things"
The Paris papers are almost wholly occu
pied with canvasing the manifesto of the new
ministry, as put forth by NJ. Odillon Barot.-
There can be no donbt that very strong, per