The republic. [volume] (Washington [D.C.]) 1849-1853, 1851-03-10
DAILY.
THE REPUBLIC.
ARRIVAL OF TIE PACIFIC.

| N>~~@S@
A Week Later from Europe Resignation of
tho British hfnisfry.
| Tho U. s. mail steamship Pacific. Captain Nyc,
from Liverpool February 2ld, arriveda New York
| The Franklin had arrived at Cowes AT p III. on
| the 20th.
The steamer Arctic. from this port February 9th,
| arrived at Liverpool ON the evening ofthe 10th
The Pacific sailed from Liverpool at quarter pa st
three p. IN. February 22d; lost eight hours by ice
on the banks; came in contact with it in t3o 30
north latitude and got through il in i20 30 leav-
| ing very extensive fields TO the south Also saw
many large icebcrgs
| The intelligence of chief interest and Importance
by this arrival is the resignation OF Lord John Rus
sells ministry. This took place at so late mo-
ment previously to the departure OF the steamer,
that progress had been made in the construction
Of new cabinet. II the Tories take office, there
must needs ensue dissolution of Parliament, and
the result of the new elections will determine the
| duration of their tenure.
| The extensive hop warehouse OF hiessrs. Wigan
& CO., London briugc, was destroyed by rir
on the morning of February 49, Loss estimated at
f600o0. The building was owned by Alderman
Humphrey.
The following summary Of parliamentary intel
| ligence will be found interesting:
England.
| On the l7th the Chancellor Of the Exchequer
| brought his s'budget" before the House of Com
mons, from which it appeared that the surplus
revenue for the year was f2 500 900, nearly half
PtOfooSo
| the national debt. With the remaining portion of
the surplus he deals follows; He proposes to
abolish the window duty altogether. which pro-
duced El 100000. and he imposes house duty,
which is estimated to yield FL 100000. AIlhouses
| under E20 year are to be exempt from the duty;
those above f20 year are 10 pay thirds OF the
amount now paid for window duty. New houses,
above the value of E20 hereafter TO be charged
at the rate of five per cent, excepting shops and
| farm houses, which in certain cases, will
only pay 3D. in the pound. By this arrange
| 4 ca 49, -
empted from taxation altogether. The duty cof-
fec of all kinds is to be reduced from sixpencc to
three pence per pound; and foreign chicory is to
| be charged the same duty an coffee. The loss to
| the exchequer is calculated at fl70,000. This is
considered TO be the most judicious feature in the
budget. To encourage ship building, the chancel-
lor proposes to remit half the duty on foreign tim
| Der, the loss on which will be E2S0,' 90. The
duction of the dferential duty on sugar this year
will entail loss Of E330 900. The other remssions
are $50, 900 on seeds used by farmers, and ESQ.,
600, at present incurred by the agricultural dis
trcts for the conveyance OF pauper unatics, which
| is to be transferred to the consolidated fund. He
also proposes to continue the income tax for an
other three years, and with these statements calls
| upon the House to sanction the estimates.
The debate upon the main features OF tho Budget
to have taken place the evening Of the 2lst,
but Lord John Russell begged amid the profound
silence Of the House, to have it postponed till Mon
day next. This motion was agreed to. This morn
| ing, however, the North OF England has been ta-
ken by surprise on learning the following piece OF
news, received by telegraph from unquestionabe
authority: 'eThe Budget has been withdrawn, and
it s reported confidently about the House of Par
lament that the Chancellor OF the Exchequer has
resigned; that Lord John Russell, it ia understood,
has also rendered his rcsgnatoD; and that Sir
James Graham, at the Premier's suggestion, has
been sent for. The greatest possible excitement
prevails and rumor, with her thousand tongues,
announces all kinds Of reports" On Thursday
the Government received most signal defeat
from the effect of which it i, clear they have not
yet recovered
Mr. Locke King moved for leave to bring in
bill to make the franchise in the English ant
Welsh counties somewhat analogous to the fran
chse in the boroughs, by giving the right o
voting TO all occupiers OF tenemcnts OF the annua
value Of $40. Lord John Russell opposed the
motion, MS was natural; but, when the House
divided, one hundred members voted for the intro
duction of the bill, and only fifty two against it,
leaving the Government in the formidable minority
of forty right
The returns Of the Board of Trade, issued during
the last four days. show that the exports from this
country amounted, in 1850, to more than t10,0oo,
000 in Is49, to E63,000,C00; and in l5iS, tc
E53 ,O00,0 900; rate Of increase without parallel
in the history OF the country. In these returns
cotton goods stands foremost among the articles o.
export; the exported value amounted, in 1919, to
E26,775, 900; in 1850, TO EDS, 900. This in
crease is the more remarkable, the price of the
fibre has increased during the last two years up
wards of rs per cent; and the contrast Ia the
stronger if We go back TO ls4o, when the price o.
the raw material was low, and when the exported
value only E2l 100000.
The woollen, linen, and silk trades all cvince the
same gratifying improvement.
His excellency the American Minister and Mrs
Abbott Lawrence, had grand reception ON Thurs
day night, at the American Legation, In Piccadil
ly, London; and, notwithstanding the very unfa
vorabe state of the weather, not less than four hun
, dred personages of rank we're present
The authorities of Southampton have received of
fetal information that number of cxilcs detained
in Turkey would shortly arrive at that port.
The Catholics of Ireland and England have com
! form tdah 10 o0f tat
rial measure in reference to their religion Meet
, ings have been held in Manchester, Dublin, &c.
The weather is extremely mild.
From The Times.
MiNIsTKRIAL DErEAT.-Mr. Locke King brough
on, last night his annual motion for the asslInia
tion of the county franchise to that of borou CHS
and, after brisk little debate, ministers were
beaten by majority of two to one
MIR. King mustered round hundred against thu
ministerial fifty -two--cxacty one for each county
in England and Wales. Now, really this Is tot
bad II is too bad that people who have beeu say
ing for years that something ought to be done, ant
, , who, on the strength of the present governmen
! saying the same, have not withdrawn their conn
dence from it, should be put into this ignominiou
position-for every usual supporter OF government
comes in for share of its scandals Think OF tho
proposcr of the Reform bill beaten twenty years
after, two TO one, on question OF reform lhl'
comes of man having once done good thing-s
circumstance well known to be ruinous to ordinary
minds.
From the Morning Adeertisa.
Ministerial troubles, any more than those which
are individual, do not, it seems, come sinSiy. Ih'
Wing cabinet had, last night, painful experience
of this truth. With the prospect of double dis
comfiturc before them on the Budget and the Pa
pal Aggression BILL they doomed last night tC
sustain signal defeat ON MIR. Locke King motor
for extending the fl0 franchise in botoughs q
counties. Il will be sc that Notwithstanding tn,
strenuous opposition of government. headed by the
Premier himself the motion of Mr.. Locke kine
was carried by majority OF 100 TO o.. Ihis, W.
repeat, is a severe defeat Of the Wing government
The question is one of great importance, and th'
majority, considering the number present. Is large
We know not what course ministers VIII adopt II
consequence of this discontinue. We know wha
they ought to do. If they have still the slghtes
particle Of respect remaining, they viii resign a
once, especially considering the piuabic position IL
which they placed with regard both TO the IA
pal question and the Budget
From the London Times, Of February %.
RBsIeNArioN OF THE BnITIsH MISisTaY.-Lor'
John Russell has rendered his resignation to he