The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-03-25
FOREIGN.


ARRIVAL OF THE STEAMSHIP CANADA.
TWO LATER EUROPE.
Wreck of Nerg York ueSsei-Gredt loss of HfeIeTri
bic fight IN India-Repuise of The British.-26oo
British soldiers klled.-Cotton quiet-Deetine IN the
money market
ST. JouNs March 23-3 p IN.
The steamship Canada, Capt Iudkins with European
news to the 10th Instant arrived at Halifax on Thurs
day evening last, shortly after o'clock having expe-
renced very heavy weather on the passage,
The Express arrived at ST. Johns at half-past two
o'clock this day.
The Canada left Halifax at 10 O'Clock to-day, and will
arrive at New York early on Sunday. The Canada
brings out 90 passengers.
England.
In Parliament, on the Goth ultimo Mr.. Golden in a
speech of the most temperate character, brought forward
his long heralded financial reform bill.
The budget the main object OF which was TO cut down
our expenditure to ten millions pounds per annum, &c,
met by the Chancellor of the Exchequer, who in
troduced epome on all the Arguments the subject
during the last two months, and injured the strength OF
Mr.. Cobden's suggestions The debate which followed
iased all the expectations entertained by the friends Of
the financial reform champion. 1t langushed from the
beginning and the question was disposed OF on the same
evenng-Mr. Cobdens amendment being rejected by a
majority of 1877, the number being 275 10 IS.
In foreign affairs, Lord Pamesion has been supported
by Parliament in the course he has found himself COM
PEELED to take, especially in the Sclan disputes. An
important document has been laid upon the table of the
House of Commons, showing the disposition of the
ous governments OF Europe 10 reciprocate similar ad
vanages with those we propose to concede TO them by
the abrogaiion of the navigation laws
Austria promises to instruct Count Coerldo on the
subject.
Belgium is not prepared to abolish deferental duties,
as no Belgian vessels could compete upon equal terms
France adduces the well known liberal and friendly
disposition, OF her cndeavor to do all in her
power to reconcile the interests of French
and navigation with the principles of perfect reciprocity
invoked by the English government.
Greece declared her commerce iree except for coasng
trade, and no restrictions there contemplated Hanover
avoids an explicit answer; but Hamburg, Bremen and
Holland all declare for the free trade.
The Portuguese evade an answer by referring the case
to the fiscal authorities
cprOcy, when she will also concede equal advantages
in reserving the coastng trade
Sardinia Sweden, and Norway generally favora-
BILE, and the cabinet OF Washington promises early
answer to the points submitted by Mr. Champion the
10th of January ast that this reply will be satisfactory,
Mr. Bancrolrs assurance leaves no reason TO doubt
The debate the Irish law has prevented the navga-
ton laws being resumed.
In the early part Of the week, the subject stood for
discussion Last night, Mr. Labouchere give the
second reading OF his bill.
The frightul wreck of an emigrant ship has taken
place on our coast, Oft Harwck The baque Floridan,
of 500 tons burden, f. d. Whitmore master from Ant
werp for New York, the property OF Messs. E. D. Hur-
but s. Co, chartered by German company to convey
cmigrants was wholly lost on the 2sh uIt and horrible
to relate all on board persisted, except three individuals,
who were mlraculously rescued from death.
The details of the late warke intelligence from India
are Of more interest, but can, at present, but make
brief allu sion to the subject.
The Bombay Telegraph says another murderous con-
lct with the Skhs has occurred tie left bank of the
river lhelm between the army Of the Puniaub, under
Lord Cough, and the Sikh force. The Skhs, under Rajah
Shwere Singh struggle in which the British have 10
depoe the loss of ninety three officers and twenty five
hundred men killed wounded four guns captured and
four or five regimenal cOlors taken by the enemy
The struggle terminated in victory, but was dsgraced
by the flight of the Bengal cavalry regiment, and the re-
treat as yet scarcely satisfactorily explained of two
British corps OF dragoonsa struggle which left the
tending host so weak and shattered that it doubtful
which had sustained the greatest injury from the conflict
and which yielded so few of the badges of triumph for
the victors that the opponents took position and
fired salute IN honor OF its termination, Though mas
tiers of the field laures drenched with blood and
is the universal opinion that two more such victories
woald be virtual ruin.
No attempt is made by the English press to disguise
the fact that the news from India is of the disastrous
character.
Lord Cough has been promptly superseded in the
mand by Sir Charles Napier who have proceeded
TO the scene of hosiilities on the goth ult
The terrible accounts from the of the war in India
united with the decided tone OF defiance lately assumed by
Russia, and the attitude the Gar evidently preparing to
assume in the warke operations in Italy, Austria &c,
rousy upon the business OF the country But trade, not
wthsandlng continued steady and prices for most art
cles OF produce are very satisfactory.
The funds, under the influence OF the uneasy feeling
alluded to above have uctua,ed considerably, and have
recedcd fully one per cent within the last fortnight 1t
is gratifying to observe, though that during this time it
cannot be SAID that stocks have actually sen yet there
has not been the slightest reduction in cotton There
less business doing than when the last steamer left and
Sght FALLING OH IN prices has followed. IhlS, how
did not till the last week, the sales contnu-
ing large, and prices very firm up to the close of the
ket on the I'd inst.
France.
The French government continues to gather strength,
and there is evidently growing disposition the part
OF the nation to crush any attempt at public disorder
Upon the whole the prospects OF tranquility are more ia
vorabe than they have been during the past year.
The Markets.
There greater degree of dulness and gloom in the
grain trade throughout all the leading markets, than
there has been Tor long DerIO1 Prices ntinue IN
droop ana from present appearances under the pressure
OF having arrivals from abroad the bottom has not set
been reached From the manufacturing districts the &C
counts continue favorable There is also fair business
gong forward IN the produce markets the continent
Prices on the whole, are steadily maintained
The meal market continues active, and prices are on
the advance ="
During the week ending March I'd fair American cotton
not only maintained its ground, but point higher
SOTO bales. The disastrous accounts from India and
the news by the Niagara that there large excess of
receipts OF cotton at the principal shipping ports Amer
lea over the corresponding period of last year, gave
decided check to the market in the early part of last week
and then the demand has been contracted to the
supply OF the immediate wants of consumers, which
has caused prices to decline one-quarter of penny per
pound Far upands are now q9oed at 15, Mobile 81,
and Orleans 81. Sales Tor the week 2,22O bales
The imporations of breadstus from the United States,
during the last fortnight, have been unusually large
Prices Tor all descriptions have been favor of the buy
ers. There IS large supply of wheat and flour Indian
corn and meal IN the Market and large quantities are
being warehouscd. Purchases made merely to sun,
ply Immediate wants These remarks will apply to all
the leading corn market throughout the kingdom
AT Liverpool, on the 9th, white wheat was sold in
al &