Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1857-04-02
AFFAIRS I'm ENGLAND.

Our latest dates from Europe were brought by
the steamer Europa. The cotton market was
stcady and prices unchanged; sales of the week
As, ,00O bales, of which spectators md exporters
took about 5000. Every indication seems to au-
th0rize the belief that the market will steadily
maintain an upward tendency, until after the end
of this years season. Indeed, we may doubt
whether the average rate will, for many years if
ever, decline to the ruling figures Of last year.
The demand for fabrics, already exceeding the
supply, is increasing the stock is every day de-
creasing at an alarming" rate; it is ascertained
beyond doubt that the only source of supply must
be found in the Southern States; and q crop Of
four millions will not more than suffice to prevent
nm advance in prices utterly inconsistent with the
prosperity of the Manufacturing Districts. Our
only fear is, that an ill-advised movement will be
made by spectators, so as produce crisis and,
ns consequence, serious check to legitimate
operations in the trade both ut home and abroad.
Shrewd spectators hold the opinion that during
the summer, prices will advance to twenty cents;
and we have heard of several wagers turning upon
such an event. With present influences at work,
we sec no reason why it may not occur.
The Europa reports that the Persian treaty is
pronounced satisfactory in England The Per-
slams are to cvacuate Hcrat within three months
after the ratification whereupon the English are
Immediately to cvacuate the Persian territory
In Parliament, notice has been given of enquiry
respecting the relations between Great Britain
and the United States. Lord Palmerston's Min
istry determined not to vacate their officers, upon
the decision against the government, in Parlia-
ment, upon the Chinese-War question; with the
view to try the issue before the people at the en-
suing elections. 1t is believed that Palmcrston
will be able to carry small majority, at least,
into the next Parliament. Inasmuch as this will
now be the great question in England, the follow
ing concise statement Of the position of parties,
taken from the Charleston Mercury, will be read
with INTEREST,"
The position of Lord Pnlmerstons Adninistra-
ton seems to be simply this 1t has received de-
cisivc defeat on measure on which the Ministry
was fully committed. The war with the Chinese
has been condemned by vote of Parliament
But rs the Parliament itself expires by legal lin
itation in the month of May next, the Ministry
have determined, with prudence that every body
must approve to retain their Offices till the elec
tions for n new Parliament are held The strug
gle will be n very severe one, but it is by no
means improbable that Lord Pnlmerston will be |
sustaimcd-and this, not because the people Of
Great Britain care much, one way or other, for
the Chsnese war; out because the Ministry will be
opposed, in the popular elections, by three sepa-
rate parties who can scarcely, by any system Of
jobLing or bargaini G, he brought to coalesce to
such degree as to enable them to form O respec- |
table Administration.
There is, first, the Tory party, headed by the
Earl of Derby, Lord Ellenborough, Sir Bulwer
Lytton and Mr.. DIsraeli; second, the old Peel
party, as they art called, represented by Lord
Aberdeen, Mr.. Gladstone, Sir James Graham, and
others and third, the Free Trade party, lead by
Mr. Golden and Mr. Bright. These parties have
all united in defeating the Ministry on the recent
vote. There is, perhaps, another party of some
what doubtful strength, Of which the head is
Lord John Russell whose personal position is cer-
tainly one of hostility to Lord Palmcrston, al
though his political opinions confine him within
very narrow circle of opposition. Taken all to-
gether, these parties form regative force which
is much superior to that which the Ministry can
command; but they have no natural cohesion and
it is precisely in this incompatability of the ele-
ments of opposition, that the strength of the pre-
sent Ministry consists. They may be voted down
hundred times and yet, when the serious ques-
ton comes up of who are to represent their oppo-
nents in the actual conduct of the Government, it
will probably be found that the mass, which was
so formidable in the negative vote, will crumble
to pieces in the attempt to form consistent work
ing organization. And it is the conviction that
this must be the likely result o. q triumph of the
various elements of opposition, that will prove
the great strength Of the Ministry in the coming
elections There must, at any rate, be Govern
ment, and although the people of Great Britain
may not be very we'll satisfied with that of Lord
Pamerston, they will console themselves with the
reflection, that on any decisive question the ma-
jority of Parliament will always hold an efectual
check upon its measures. In short, it will be
Ministry always OF the mercy Of Parliament. /