The most aflectionate regard. SAM HUSTON

LATEST FOREIGN NEWS
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LATEST FOREIGN NEWS.

 .arriual of the Caledonia-FJieen days la- j. ter from E1ope-Liberation of OCon-

 ncH-.Mr. Cushing's Mission 10 Chnia, Sc.

 From the Nec York Piebeian ofths 5h inst

 The steamship Caledonia, from Liverpool 18th ult, arrived at Boston on Thursday morning.

 Commercial affairs in England continued in prosperous condition. Money was still very abundant, trade was brisk, and accounts from India, by the overland mail, were high ly favorable The cotton market was with out any change of importance.

 The Queen was upon a visit to Scotland. MT. Everett, the American Minister, was ma king a tour of the same country.

 The House of Lords had reversed the sen tence of MT. O'Connell, and he bad been set at liberty The event had caused the utmost excitement in Ireland

 Parliament prorogued on the 9th ult, un- til the 10th inst The speech of the Queen upon the occasion, as read by the Lord Chan cellor, was composed ol the usual generali- ties. The allies of England were still friend ly disposed towards that country, and al- though discussions had arisen with the King of the French, calculated to interrupt the good understanding of the two countries, the Queen states that by the spirit of justice and moderation which has animated the two go- vernments, this danger is happily averted.

 LIBERATION OF O'CoNNELL-REyERsAL OF THE JUDGMENT.--One of the most im- portant items of news by the steamer, is the announcement of the reversal by the House of Lords of the sentence of Mir. O'Connell.

 Winners News Letter gives the following summary of the proceedings in Ireland upon 1t subsequent to the receipt of the news of this great and unexpected event.

 The news of the reversal of the judgment on Mir. O'Connell and his companions was received in Dublin about five o'clock on Thursday evening, the 9th instant. lmme- diately on the arrival of the steamer at King ston, the whole population was thrown into state of indescribable excitement. ssO'Con- nell is free,n was uttered by thousands of voices, as the people danced about in almost frantic joy At Dublin the same scene was exhibited, but upon more extensive scale. At night, tar barrels were lighted in many parts of the city, and had it not been for the interference of some of the leaders, general illumination would have taken place.

 Mir. O'Connell is said to have received the intelligence of his release without hetraying the least emotion of surprise. Great num- bers of his friends waited upon him to offer their congratulations.

 On Saturday, according to arrangement, there was a grand demonstration, in the form of triumphal procession, in which the whole of the trades took part.

 A public banquet was to be given to the Lberator and his corps on the 18th.

 Overland MaH from India and China.

 The news from Bombay IS to the 3lst ol July. and from Canton to the 21st of June We find in the Hg glsh papers number O extracts from the Hong Kong Gazette, relating to the American Mission, and to Mir. Cush ing's movements, which we copy below. -l The authorities atCanton are far from being satisfied by the arrival of the United State frigate Brandy wine, at Whampoa. The i'm perial commissioner is absent, but the Man darins have intimated to Commodore Parker that 1t would be desirable he should leave tn river. We do not suppose he will compl, with this request until it suits hls own conve nience, but as the frigate IS shortly exPeete'