ARRIVAL OF THE STEAMSHIP


HlBERNIA.
TJYENTETHO DAYS LATER.
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TWENTY-FIVE DAYS LATER
Resignation Of Lord John Russel-Sir


Robert Peel and ais Ministry Restored


Reception of the Presidents Message


-Nescs decidedly Pacific.


We have Just received by special mes
senger from Philadelphia copy of Will
mer and Smiths European Times. of jan
4, which was conveyed 10 the city by our
special express from Boston.


The amount of The information Is that
Lord John Russell sought 10 form minis
try of Whig member opposed TO thekCorn
laws: but in looking about be found himself
wholly unebI e 10 obtain support and was
compelled TO request the Queen OF England
to restore the direction of the Government
TO the hands OF Sir Robert Peel This was
done at once. and Sir Robert assumed the
Premiership with many of his Old col
leagues.


The change in the affairs may be Tegara.
I'd IS favorable 10 the cause Of peace, mas
mu. h as every man OF Loud John RasseiFs
ministry, supposed 10 be hostile 10 tAis
countrv, has retired. The news IS there's
fore. decdrdly y pacific. and the character Of
The commercial news shows 1t 10 be SO
The news may therefore be considered
as favorable To an amicabse settlement OF
the difficulties between this country and
Eng land. as weli as TO modification. 1t
noi a repeal Of the Corn Laws. The old
! Peel ministry Is, we believe. not TO be en-
| lirely reinstated, but an effort has been
made 10 so form ii as 10 produce harmony
/ in the seltle:nen, of the various foreign
and domestic difficulties with which the
/ Government Is surrounded.


The DUKE AND SIa RoBERT PEEL. =
| Ii is no sec ell that the dlssentions between
the Duke and he Premier have been ST
frequent and violent, as often 10 place the
Sovereign in very disagreeable position
| aud make her regret the more tranquil day;
of the Wing Cabinet. During the many
councils that have been held within the las
month, the Dukes violence has been Sc
great, and his violence so loud. that the
attendants in the outer rooms have caue eh
the sound, and have learned secrets not in
tended for their hearing.


THE MARKETS.


There has, at least, been something of an
approach to activity in the Foreign marke
this week although the dealings have no
been of Importance. The great difference
in the aspect Of the marker, as now pre-
sented, compared with the long continued
heaviness and inactivity, is the general ad
vance and firner zone Of prices; which IL
several cases have improved to some ex
tent. The increased value Of Consols. anl
me general Improvement ofall business;
opera ions. whilst the produce an advance
in quotations, disposed the dealers to oper
ate more freely. even in cases in which bu
siness has been neglected for some time.


LIVERPOOL COTTON MARKET. Jan. s.
| The sales to the 2lst ultino having beer
included in the annual tables published on
that day. no further statement will be made
up until the 9th instant; it may however
be remarked that the demand continue:
good the sales of the four days having a
mounted to about 10000 bags, nearly al
10 the trade and the advance of sd per II
upon American quoted 3lst of December
is fully maintained.