The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1849-03-26
Arrival OF the Canada--I4 DAYS later.

sage. she was detained hfteen hours oil the
harbor In enc OF the most terrific gales anown to
the coast of Nova Scotia. The same gale which
was from the southwest, was most severely felt
in the Bay of Funday, and no doubt, has caused
many marine disasters.
The Canada left Halifax at IL o'clock, and will
arrive at her wharf early on Sunday. She has
SO passengers.
The terrible accounts from the seat of war IN
India, united with the decided tone of defiance
lately assumed by Russia, and the attitude as
sumed by the Car, in the warlike operations in
Italy, Austria, &C., has caused an uneasy feeling
on the continent, which has been sensiby teltin
England. and has operated ipuriously upon the
business OF the country but trade, notwithstand.
ing, continues steady, and prices for most articles
OF produce are very satisfactory. The funds, un-
der the influence of the uneasy feeling alluded to
above, have tiuctuated considerably, and have
receced fully per cent. within the last fort
night 1t is gratifying to OBSERVE that during
this time though it cannot be said that American
stocks have actually risen,yet there has not been
the slightest reaction.
In cotton there is less business doing than when
the last steamer left, and slight falling off in
prices has followed.
There is greater degree of dullness and gloom
in the grain trade throughout all the leading
markets than there has been for long period
prices continue to droop, and from present ap-
pearances under the pressure of heavy arrivals
from abroad, the bottom has not yet been reached.
From the manufacturing districts the accounts
continue favorable.
ENGLAND.
In Parliament, on the 2Gth uIt, Mr. Golden in
speech OF the most temperate character brought
forward his long heralded financial reform Bud
get, the main object of which was to cut down
our expenditure El0,000,00O per annum. He
met by the Chancellor Of the Excheuuer.
who adduced AN epitome of all the arguments
which during the two last months had impaired
the strength of Mr.. Cobden's suggestion. The
debate which followed, talsiied all the expecta.
tons entertained by the friends of the financial
reform champion. 1t languished from the be-
ginning, and the question was disposed of the
same evening. Mr.. Cobden's amendment was
rejected by majority OF 1877 the numbers being
275 to 49, Even the radical papers admit that
one-halt of the rs would not have voted for the
anendment, il they had imagined it would have
been carried.
AS far as Parliament is concerned, the project
OF Mr.. Golden was thus de ided upon. The
journals in his interest have abated their tone of
defiance, and now say what all Englishlnen have
agreed upon Is, that retrenchment should be car
ried out in every wise and judcous manner.
An important document has been laid on the
table Of the House Of Commons, showing the
disposition OF the various governments OF Europe
to reciprocate similar advantages to those we
propose to concede to them by the abrogaton of
the navigation laws Austria promises to in-
struct Count Colleredo on the subject; Belgium
not prepared to abolish diherentia duties as
no Belgian vessel could compete OH equal terms
with England; France adduces her we'll known
liberal and friendly disposition as all earnest of
her IN do atl in har to po;I
the interests OF French commerce and nayiga-
ton. With the principles OF perfect reciprocity
Invoked by the English government, Greece de-
cares her commerce free, except for coasting
t ade and no restrictions there are contemplated
Hanover avoids an explicit answer, but Ham
burg, Bremen and Holland all declare for free
tade. The Portuguese evade all answer by re-
ierring the case to the fiscal authorities. Prussia
promises perfect reciprocity, and Russia asks for
reciprocity, when she will also concede equal
advantages, reserying the coasting trade. Sar-
dlna, Sweden and Norway are generally favor
able, and the Cabinet OF Washington promises an
early answer TO the points submitted by Mr..
Champion on the 10th day of January last. That
this reply will be satisfactory, Mr. Bancrolt's as.
surance leaves US no reason to doubt.
Dreadful Shpwrcck. The frightful wreck of
an emigrant ship has taken place on the coast off
Harwich. The bark Floridian, 500 tons, Mr.. E.
D. Whtmore master. bound from Antwerp for
New York, the property of Mr. E. d. Hurlbert,
OF that city, chartered by German company to
convey emigrants, was wholly lost ON the 2sth
ult The master and crew, except three men,
together with l26 passengers were drowned. l26
green hides, l25 cases glass and various other
articles from the wreck were carried into Mar
gate ON 4th inst. Other articles also reached
Ramsg2te on the same day.
INDIA.
Another Of those murderous conflicts which
have rendered our hostilities with the Sikhs so
conspicuous, has occurred ON the left bank of the
river Jhelum, near, or as some say, on the iden-
tical spot which two thousand years ago formed
the battle field of Alexander and Porus. That
scene. rich In classic associations, has been the
arena Of, fierce and protracted struggle between
the army OF the PunJaub, under Lord Cough.
and the Sikh forces, under Rajah Shere Singh,
a struggle occurred, in which the British had to
deplore the loss of at least 9s officers, and $500
men killed and wounded, tour guns captured and
four or FIVE regimental colors taken by the ene-
my. The struggle terminated in victory, which
vas dsgraced by the flight OF the Bengal Cav
airy regiment, and the retreat, (as yet scarcely
satisfactorily explained,) of two British corps of
Dragons struggle finally which left the con-
tending party so weak and shattered that it was
doubtful which had sustained the greatest injury
from the conflict, and which yielded SO few OF the
4 A. snf4. hat t,asnn