Correspondence of the Journal of Commerce,
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HONOLULU, Sanwich Islands, April l9, lS4O.

 The King, Chiefs and Delegates are now in ses- sion Parliament to transact the annual business of the Kingdom. And we in this and the accom- panying movements of this government, most su- blme moral spectacle; to the nation Is given a con sttution and laws, and to the people granted many rights, and the chiefs ccmuscrbed in their thority by the voluntary action those who possessed despotc power, and all this without spillng drop of blood, the effect of any rebellion revolu- ton among the mass. Surely the effects of the gos pei, and its attendant blessings, are seen in this.