New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-04-16
state OF Feeling In Canada Bankruptcy of
the Governmental OF Foreign
Correspondence Of The Tribune.


Correspondence Of The Tribune
nosrSrAL, Teesesy, April
Politics IN Canada are just IN that state Of
tranquility wh..a occasionally dvcrsfcs the course
o. all human things physical or metaphysical II |
at all comprehend the public ieelns. j, is one Of
settled quiet disgust. All persons vino have been
hitherto attached % old parties dissatisfied
with the successive results of the two Administra
tons which were supposed to represent the feel
inys respectively OF the Conservatives and Lib.
eraS both have been tried; 10th have been found
wanting. This state of public feeling, whenever
1t occurs IN any constitutional country. is always
more injurious to the ms than the outs and there
fore in the midst OF the general sullenness. the
trading politicians of the OLD Conservative School.
are looking out for new lease Of the good
things | think the Upper Canadians OF this
class have a good chance; bat the Lower
Canadian Conservatives | suspect will stand
with their mouths open. without any thing
going into them. The French Canadian mani.
testo directed against interference with Church
endOwments in either section OF the Province, OF
which wrote you last week, is working. IL has
been translated and accepted as sound politics by
the ministerial press OF Toronto, and has already
opened the eyes of the real liberals of that section,
to the hollowness OF their union with the Lower
Canadian majority OF IgnorantInes. few days VIII
bring this new phase OF aUdlrs prominently uhueI
discussion. As wrote you, long ago, 1t is the real
peril OF internal Canadian Politics az this juncture.
Those who have aided the present ministry to
reach office Tor the sake of religious cquslity, VIII
demand that past professions be carried out Inc
ministry orsee a storm IN England from the Epls-
copaans there and fear that the Church OF England
element in the British Parliament wilpreyall where
mere conservative politics could not to induce the
Government to reject any measure which may pass
the Canadian legislature this subject This would
bring about a collision OF powers. which would De
destructive them for on the one hand they nave
been for years ing out against submission 10
Imperial dlctatOn and the other have been dis-
charging men from Office for declaring IN favor OF
the only means of avoiding dictation, VIZ entire
independence They are therefore not at all dis
pleased 70 find that the French Canadians are
willing to oppose Interference with the Anglican
endowments in Upper Canada, as the admission
OF a principle that may be turned against the Ro-
man endowments of Lower Canada This gives
them the precise pretext that they want for avoid
ing the subject, and having thus driven away their
own supporters they will rely upon the Old compact
and cerca party in Canada w est and coalesce with
the French Canadians and do joint battle against
the invaders of this sacred property. That is my
| idea OF the course Of events which must shortly
happen.
The Annexationists meanwhile are quiet, but
not asleep Their principles are being quietly dis
cussed throughout the country and at every pollt-
cal crisis it occurs they will be heard from. Mr..
Chabot the dsgraced Commissioner Of the Board
| of Works passed through this city yesterday did
| not see him and you may be sure he not ac-
companied by drums beating and coors flying.
Those who did see him, say that he cuts very de-
plOrabe figure after his spree at Toronto-very de-
iiceat in buttons. 1t seems that among his quail
hcatons for office he was member Of the Temper
snce Society
The financial position of the Government in spite
/ 80 bo lorfr in us,o yea
appear to be particularly good, which is just what
was to be- expected from their extrava gaDt expen-
diture Since last Saturday the banks which had
previously trans acted business for Government have
refused to pay any more debentures, OF which up
ward OF s400 900 aloat, in bills OF slO and s2O
| PAYABLE twelve months after date and OF which a
considerable number are daily becoming due No
explanation has been given OF this refusal, so lar
/ as | have heard but promise has been held out
that ARRANGEMENTS will be made TO meet these en-
gagements OF course, great deal OF dlssaunsc-
ton is expressed by persons, VINO nave e.ther
taken these shin plasters in the course oi ther
trade, or who have purchased them as temporary
investments.
see bv the newspapers here that licenses have
been is.ned in blank TO the Custom Collector Of
Quebec for the admission OF foreign ships 10 the
privilege of passing up to Montreal, thus making
the latter city, for all practical purposes, free
port explained some time ago that what We
had to grant to American shpowners in
the way OF free navigation, was the right
of way between Quebec ard Montreal
portion of this right OF way is granted by these
licenses. Transports from any part Of the ST. Law
renee, on the Lakes, TO any port in the world may
nos take place in American bottoms. All that is
required is transhipment in a Canadian port from
the inland to the seagong vessel as the first can
not 20 to sea, nor the last pass Montreal.
hear that we are TO have several American and
other foreign ships here at the opening OF the navi
CATION, which will give variety to the appearance
OF our harbor, where hitherto the Union,j ack mas
been the only flag ever seen