The New York Herald Newspaper, December 6, 1845, Page 2

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NEW YORK HERALD. se teak Satariey: Beeomier 8 == IMPORTANT FROM EUROPE. Weekty Herald. ‘This publication will this week be a very insteresting and veluable one. It will contain the opening proceed ings of Congress, the Prosidemt’s Mossage, ‘he Report of the Secretary ofthe Treasury, and the highly important news brought ty tte-sipamship Cambria, as well hat en of the West. we reedy at 8 e’clock this morning, at sixpence Report of theid@ueresery of tiie” Trewsury—A New System of National Finance, This report, given to-day, is one of the ableet clearest and profoundest documents of the kind which hasever emanated from the Treasury De- Purtment. Jts views and reasenings in favor of a | revenue tariff and an independant treasury, com: | bined, ns « general system, are entirely conclusive, and reflect the greatest credit upon the mind which originated such principles, and the mind which has re-produced them. Mr. Welker, on finance, will create a deep sensation, Mr. Walker's letter, alto, upon Annexation, produced a great effect, two years ago, throughout the Union, from the clearness of its principles and developments. It produced evident- ly the same effvct upon the minds of ull thinking and intelligent persons which the present surprising | production will do on the commercial and financial Clisses—that was completa and masterly from be- y to end—through and through, and round So is the preseat. speak in these warm terms conceming there » because we have certain feelings and ‘isguised paternity towards the principles and ideas they contain. We could not sneak otherwise n relation {o our own offspring, even although hid under egy other man’s habilements ; for, aceord- ing to the Holy Apostle Paal, “ He that doth not are for his own offipring hath denied the Saith, and 8 no better than a hiathen.” Now, the fact is, the whole scheme of finance developed in the report, embracing the tariff and ub-reasury, operating as a generel system upon the currency and oommerce, which is so ably described in the treasury report of Mr. Walker, has been all taken—body, boots and breeehes—from the columns of the New York He-uld. Icis the very plan of national fiaance which we have been endeavoring to impress on the ent public mind and the ignorant politicians, e last two years, equally embracing in one system—the tariff and the system of cur- —which united, will produce the best protec- and »t the same time prevent inflations and Mr. Walker has ingeniously taken up these principles without aeknowledging their pater- # he did also in the case of Texas annexat‘on anons letter relating to Texas, was entirely a luction of the views detailed in the New Fork ald, during the eight previous years. Upon its ition, Mr. Waiker eent an sgent on to thin desiring ué to publish this letter and give it We were not, however, willing to do 60, on unt of its great*length, and at our expence. last, after much negotiation, we consented to h it as an advertisement. What was the 1 That advertisement has never been paid to It was repudiated, Mississippi did her debt ;and now the distinguished Seeretary of the Treasury re-produces our views and principles on fame this day national finance, and pays us off in the same mode. | We must acknowledge, however, that the Secretary, in the treasury report, steals other people’s ideas and principles with far better grace, and much leas moral enormity, than he did in the Texas letter. — Give the devil his due. Thus we admit, from the bottom of our heart and feelings, and all around the circumference of our old coat, that the Treasury Report 1s the very beg; | that hi the pr ever proceeded from that department, and in sent instance only inferior, and hardly infe- or, to the great message of the Napoleon of demo- cracy himself. Mr. Walker is a great man—so am 1. Both must produce an explosion ew Yors Prorage.—We regret to say that his great port is bscaming seriously injured abroad, by tue numerous accidents that occur in getting ves- sels in and out of the harbor. Ships, with pilots on voard,arerun ashore; the shippers of goods put to | eal inconvenience and lose ; and the owners of in- rance stock injured in the value of their shares. Is there no remedy for this? Are theives of hun- dreds, nay, thousands, to be wantonly hazarded by the folly of one or two individuals? Within the last week, the packet ship Europe, out- ard bound, with eupplies of food for the starving people of Ireland, was run ashore in broad day light ; and the packet barqué Chancellor, inward bound, with important news from South America, met with a like misfortune, and her owners put to a con- siderable expense to repair the damages sustained, These two events have occurred on the edge of the winter; and if we are to jndge from this little xperience, the few ensuing boisterous months open with a view somewhat frightful to behold, fords usnota little satisfaction, however, to | e that neither of the above vessels were in charge y of the old New York pilots. ire three classes of pilots for this port: the ew York pilots; the New Jersey pilots ; dthe merchaat pilots. The first class number about eighty experienced men, who were born and rocked in pilot boats. They have about a dozen splendid schooners, which are condnually cruising, quently to the distance of three hundred miles tsea. They appear on the edge of the hori- zon, miles and miles distant. The eecond clara ave been produced in New Jersey, a State owning sve or no commerce. They number about twenty, snd own two orthree boats. The third class are @ blunt set of chaps, generally apprentices from the w York boats, but who have not yet been six nonihs as pilots, They have been started into exis- e by a few nen in Wall street, one of whom is uperintendent of wrecks, and another a chart dealer, and, therefore, anxious to discover all the shoals and shallow places in our harbor. This is cer- tain'y commendable, and probably legitimate enough ‘n its way; but itis to be hoped that our govern- ment will not appoint the merchant pilots, or any other class of pilots, to survey our harbor with packet ships and packet barques. Vessels of less Grait of water, and without Passengers, can be ob- tained in plenty for this business. There is not # harbor in the world thet possesses | pilots of so much skill and experience as the regular pilots of New York possess. They have been so long in the bt sinese—so drilled in it—go competent for it—that n their charge, scarcely a veasel ever gets ashore; and if those interested in the wellare of this great city, in the safety of the thousands of lives that annually pass in and out of this port, desire a permanent good in this matter, they will ask Con- gress to have the pilotage of this harbor regulated given to those to whom it really and righifally es. Men who have spent their lives in eequir- ing the necessary skill to become pilots, deserve the of the commoanity, and it we are not Great. lyinistaken, they will receive it. Our regular New a here © aclass too important to the commerce of the intry, to be much longer treated with neglect, Mam. 1eaarers.—The Acadia follows the Cam- brie, and Was to leave Liverpool on the 4th of thie month. The arrangements for the winter commence with the A, and after her departure we shall have but one steamera month, We may then receive plenty of news by the peeket ships (g- Mr. Polk, question, holds the whole toreign trade, and all Ame rican commeree, in the hollow of his hand He can 1p, or let down, or let slip, whenever he pleases. (> Watch the movements of Calhoun and Ben- on in the Senate. ‘oinis U. S. Senator.—Inaac 8. Penny back er ++ Swen elected to the TT. 8, Senate from Virginia ork pilots are yet to have their rights reepected; they | P from the position of the Oregon | passe! each delicacy by in succession, because memory aod imegigetion ht them to expect that the latter vi- ' FOUR DAYS LATER. ands would be dafntler than the first. We have no such | hope. We lose the opportunity that nature offers and ARRIVAL OF THR QUEEN OF THE WEST. pradence should accept, with the cartaioty that it will not retura, We are enamored of scarcity for its own sake, on] embrace ‘the hog ard nakeduees of dearts with THE ORISIS IN GREAT BRITAIN. | The Impending Famine. fondness. whon vt last we dy toour , it la ta drain ourselves acd Simish our nelgh- this our virtue or our Tuke bis own elabora! ey Teta Se Oe eee Se ee reese tien ‘ wi | Cabinet Councils on the Opening of sulesisi, andineert one litle won errr nae the the Ports, THE RAILROAD REVULSION. The Cotton Market, &e. &e, The famous packet ship Qneen of the West, Cap- tain Woodhouse, arrived off the Hook early yee terday morning, in the remarkably short paseage of twenty-six days over the Atlantic. Our swift news clipper Teazer, on her firet cruise | for the winter, boarded her and obtained London papers of the 6h, and Liverpool papers of the 7th uit, which we received early last evening. The news, thus obtained by our superior eater prize, is important in many poiats of view, particu larly in a commercial one Affairs in England had reached a crisis; Cabinet | Couneil after Cabine: Council had been held; the | impending famine had alarmed the Ministry; and | the London Tims had inaisted upon the opening | of the ports. Taroughout the kingdom, the feehug | appeared to be universal that some prompt and de- | cisive step was absolutely necessary The last Cabinet Council of which we have ac- counts, was held at the residence of Sir Robert Peel onthe Sth ult. All the Ministers in towa were pre- | sent, and previous to its seasion,the President of the Board of Trade had an interview with the Premier. Tt was expected that the question whether or not the ports should be immediately opened, was then decided. It was conceded on all hands that the alternative of the Ministry in this crisis, was open ports or a Tesiguation. The cotion market was unsteady, but it does not appear that there had been any further decline in perils of famine and tha vicissitades of prices; that it | would save us from alternation: ot anprstiable red dance and pinching scareiy, an! would Bll our granari with o perpetual pleaty of corn that should be never too dear or too ches) Zs bs bs i” Ad That men tou hesitate before thoy believe in the sroximation of danger is vatural. That they should di ‘acbange in their own mensures, and work ot ti own hands, is naturalalso. But Srate ceasity 1s more powerful thea self-love or salfdelu- tion. It works by signs ond by wonders—by the popu- 1 by the operations of nature, by the distress of his work is foal—that hie Let no man say thi ir was, and never will beso. The ts coils round and round us, imper- inextricable, * * * 8 8) A pretext is at hand—e twofold pretext ; —m prospective dearth in Eugland, @ present ome in Trelaod. The last carries its own waraing with it.— | ‘ou who fear not tho steady earnestness of the Englian people may dread the violeace of an Irish popu- jaca, Ireland you pronounce to be your difficulty. Will you add to it? You say that ia England there is no fear of fami ej can you say the same of freland ? Already that niggardly food which supp life to four millions of our ellow subjects is doomed its duration is a thing | to reckon by months. After that, Ireland will be depen dent ou your wisdem or your alm. Charity she depre cates with scorn She demands teave to purchase food, and to get employmen. You will act be rash enough to refuse ber request. You will open the ports and admit, | atany rate, maize end coarse gran. Buton what prin- cipal can you rest there 7 How. will you reduce or abo- lsh the dati a ont @ steple food of one country without doing the same to anoher? Will you vote money to give employment tothe irish people 7 It would be an act of munificenicharity, # it not (a. it p o- bably would be) perverted into a mon trous job. But re- member, if you -o this, you will be taking away the mo- ney of the English people at atm when money will be nd employment much arer than it is now, to Irish Will this be just ? Do you think it will be . . . , . . The present corn laws are doomed. It is forthe Premier to decide whether he will sign the warrant of their exe- | cution. Self love, the tenderness of sponsorship, and a lingering regard for the graces of consistency, may stay hishand. But his mercy will be suicidal. If he delays, others will be found rea‘ty to act for him. He will only Gain the equivocal praise of having been unseasonebly, and on one point only, consistent But there is much in “ the look of the thing” with premiers as well as prudes. | And the most prudish of Premiers m: condemns what he has he has strenuously only one course for bim to teke—to abstain from taking prices. " ‘an open partin this important discussion—to leave to The arrival of this intelligenoe tends to increase | Others the merit of settling the question—and to resign, the anxiety for that to come by the Cambria. | fi (From the Liverpool Mercury, Nov. 7) | iThe English funds continued dull; now and then ‘Tho intentions of the government, with regard to the @ little better aspect shone out, but not to be sup- great question which now absorbs the unxieties of the ! Y country, Continue to be matter for conjecture A serirs ported. The peneral despondency was for the of Cabinet Counrile, held almort daily ainee Fr tase, most part attributed to the prevalence of anexpee- rrerals at once the importance at ached by Sir Robert Pee tation 1 i fa we to the pres nt crisis, aud the dificulty of ringing his col- tion that foreign grain would be admitted at a | je/he Prism crisin, aud the duftulty of Wellington and nominal duty, and the unsettled state of ministers. On the Sth, the market for consola at one time look- ed well, and prices slightly improved ; they, how- Stanley party, it would seem, still hold out against the dictates of common humanity and common sense, and | h ever, again receded. The last quoted were 964 to | 4 for money and account ' issue remains problematical. Whether the ports are forthwith opened by order in council, as was con- patie Emperor and Empress of Russia are now in | icily. tly expected up to the beginuing of the present week,—or whether Parliament will be specially sum- moned before Christmas, as has more recently been ru- mored,—or whether, after all, Sir Rovert Peel hus m: On dit, that in Leeda it is not uncommon for a | speculatorto dine at an inn, and pay the bill with scrip, the waiter handing him the change just as | readily as if the paper were a Bank of England note. up bis mind to breve the storm, and let the law of arti cial dearth and famine take its course,—are questions which time only can answer. The last alternative seems absolutely inconceivable ; yet it may be well that the country should prepare itself even for this pioce of in- fatuation. So far, at least, as the ministerial journals are 1 Letters from Stockholm announce fears of famine + in Sweden, from the badness of the harvest, both in quantity and quality. The Government is taking | measures to prevent it, and already have the manu- facturers of brandy from corn been offered a high | premium if they will abandon their trade tor three to be regarded as indicating the course of minist policy, it would appear that the Promier actually has de- termined to take all chances, and leave his sliding scale months. The potatoe disease in the south of Englan to do its worst. The Morning Herald of Tuesday Henry Phillips is giving concerts in Liverpool. as will have been observed by those of our reader who are in the habit of consulting that singularly feeble and stupid, but, in present, not altogether unimportant political futurity, rouwdly denies that Irish pota- toes have any thing to do with English corn, or that “corn is now becoming in England a matter of great anxiety,” and iniimates entire and unqualified satisfac- tion with the working of the corn law of 1842. Mean- . Rumorsare rife that there will be another altera- “hile, the accounts from Ireland, though varying, ax tion in the corn laws, or, at all events, a temporary | #fore, respecting different localities, are, on tha whole, admission of foreign grain by an order in Council; | that step, once taken, Will, in our opinion, neter be | Tetraced: the opportunity wi!l be seized to fix an amouat of duty ov the respectivearticles, which will | afterwards be made the foundation of a permanent alteration —Mark-lane Express During the past week several large stocks of those well-known winter visitants, the fieldfare and red- wig, have been seen in the neighborhood of Wool- nom spread to a fearful extent suco as to increase the public alarm, and confirm the Worst apprehensions that have yet been entertained The di-ease has appeared in many districts which had, up toa recent period, been supposed to be free from it d, ia not a few instances, the fatal teint hi ted on portions of the crop that had been dug and housed seemingly in good condition. The govera- ment is actively exerting itself to ascertain the extent of the calamity, and to discover and promulgate the best means of arresting its further spread. Of course, it is quite right that all remedial measures should be wich. taken which present any tolerably sae prospect of suc- Every mile of railway takes eight urces of good °C83;, but We Couless we expect little from these well land. ‘The 1800 miles ‘already fal ee nance meant endeavors to subdue “an enemy whose history and habits are but imperfectly known.” The more this mysterious and insidious calamity developes itself, the less reason does there seem to be fo: the icy of any curative or preventa. It is clear that the time has miles impendiog, will require the snug quantity of 114 000 acres, without reclaiming aay lian other Toads or canals. Tae Cuvrcn ann is DienrTartes.—A tract is in extensive circulation, comprising extracte from the Bishop of Exeter’s charge, condemnatory-ef Mr. Chancellor Raikes’ charge to churchwardens ; in which the energetic prelate denouue?s the latter 48 presenting “‘the most astounding instance of rash and mischievous indiscretion ;” and containing “matters of the most exciting and schismatyechar- acter.” The worthy chancellor must feel some sur- prise at such an estimate ot his opinions. Tue Duxe ano THE Corn Laws —It is now cur- rently reported thatthe Duke of Wellington is op. posed to changes in the corn laws, or to the adoption of any measures which may be supposed injurious to the agricultural interests The Duke, it is ru mored, washes his hands of all such projects, but says to his colleagues, ** if you are determined to in tertere at all, call Parliament together, and lay your plans before them — Morning Chronicle. Tue Britis Garrisons 1x Cina —DerLoraBie Moxtairy aMonG THe QuéEN's I Roops —lu 1843, Her Mojesty's 18(h regiment tad 400 men stationed at Amoy, where they lost 75 men and two officers. At Hong-Kong nearly one-third ot the British gern: son died in 1843, The British commander, General D'Aafidar hae declared, that to retain Hong-Kong it | will require the loss of a whole regiment every three years, and that to have 700 effective men, itis ne- cessary to maintain 1400. The graveyard at Hong- ong was soon filled, and another was required trom | the Surveyor General, who found it difficuit to point UL 4 proper spot. AntcooTe or Royatty.—Tne Wire vs. THe Qveex —Janin, a writer for the Journal des Debats, teils the following little story: “ While her Majesty and the Prince were in Germany, one day they had 4 little skirmish—* born of excessive love and bad weather’—aud the Prince stut himselt in hia own apartment. In half en hour atterwards the Queen went ard tapped smartly at the door. ‘Who ia there ? enquired the Prince. ‘The Queen,’ was the dike BY No answer from wituin. Shortly ulter- wards her Majesty gave rathera gentler tap at door. ‘Whoisthere ? ‘The ( -} a,’ was the = ply, butt wagin a softened tone. No answer, A third, buca very gentle tap wae given. *Whois there T in most musical and #f!*cronate tones. The | ledge they can trem the projectors and managers of the reply given was, ‘Iris Vieworia—Albert!? The door | various undertakings in which they have thougutlessly ew open, and the fund couple were locked in each | Yentured their meuns. other's arms iastantane our! Eff.ct of the Crisis on Trade and Elnance. + Opening of the Ports, {From the London Times, Nov. 6) . rom the London Times, Nev 6] On the {i fluence of tne present crisis upon trade and Baden: the pptie mind has been képt in a state of sus. | banking operations, a better uthovily is vot tobe met aivtelat hy: 2 Ho oe been disiracted with | with iu ‘he city then the “ Overiand Despatch” of Tree- divisions a4 to the extent and remed ind Cook, prepared for the mail te Ludia, which is ever been The tenacity of humi toleave England thie week. We select the following knees extra‘te from it: — pr “Durli g the spring and summer, and somewhat later inthe year, there wee on unusnal buey ancy in almost all departments of trade, with every rppearance of a continuance of stir and activity, but within the lust month or two the business trenenctions of the country have been much reduced, ‘The high prices of corn sn and west of Europe, arising trem bad crops of nd potatoes, andthe great advance in the value ings and memorials to the government. The sort of quief tacit faith, which the trading and iadustrious classes have hitherto re; in Sir Robert Peel's percep ion of national ined to meet them by bold aad decisive m , must now give pla-e to action. The Minister must be made to feel, that the eountry will, on one hand, hoid him responsible for all the cousequences which may enste on an obstinate adhesion to his insane and ruinous beghs f scale ; and, on the other, support him, vigorously and efficiently, inthore measures which he must see to be necessary to the safety and well bein; ofthe empire. Some of our mercantile and municips houses, as in Manchester, Hull, Edinburgh and Glasgow, have ret 8 ood example: we hope to see it promptly and generally followed. The Rallway Revulsion. [From the London Time: 6) Thete returns (of railroud concerns) and \he obvious general unwillingness to furnish more of th till tond to establish the conviction that the money in hand resulting from the whole of them is much smaller than any one at first bad the least notion of. Nothing could be more genersl in the city than the persuasion was at first smong the leading merchants and bankers, that a very large sum was withdrawn from the circulation for this purpose. They saw from day to day the newspapers filled with announcements of new projects, reprosenting | & capital of about £500,000,000; and to avoid coming to the conclusion, which honourable men naturally shrink from, thatthe major pert of them were based on fraud, and ouly put fortn to feed the gambling mania which | seemod to bave reized upon the whole community, they inferred, at «low culculation, a8 10 per cent was the or- dinary deposit required, that there could not be much than £30,000,000 80 placed. This journal may loy claim, we believe, to the inerit of havi g first intimated doubts as to the correctness of such a feuriul conelu- sion, and put the moneyed interest upon euch wn snquity into the truth ms circumstances would permit. Wnere men have so many and such obvious motives for con cealment this my bea work of time ns well as difficul- ty, but the returns quoted above show that it is moking some progress, though slowiy ; and we may venture to ure the public, that such information has already been communicated by bankers to each other, 9s may soon bring to ght the actual amount of deposits puid in for the provisionally registered companies ‘This of iiselt ia all that the moneyed interest areenxions about. They will leave the depositors separately to obtain what know- of humen reason | er hecomes too great | esa, or confronted » ith courage, ih confidence, and the folly of a rocrastination, are confessed , and then the y of the crisis ix put forward as an excu for acts Which were once justifiable on the score of pri dence, b # finally become inevitable from necessity. It is no use for men, whether in th inet or out of it, | of money ju many of toe chief continental cl 0 or to understate the magnitude of the ! "ha GB ot Aiiouaix eecteln wheat is cheap in England. there is ne chance of famine here; orthat the failure of the potato crop in! onot aflect the corn markets in this country. The ‘¢ known to every man who bat bed the will and op- portunity for inquiry. Wheat is cheap. Bat what wheat? The very worst that if brought to market,— | Good wheat—the wheat which supp the table of all middle-class families—is vlready dear. What, then, may smected to he four, five, six, and ten months from this time? The juggle of tie a returns @ fictitious price just now by coufound ng tno good with the bud. — | {te averages determine the duty, and the duty i* ruch marggxclude 8 supply from abroad. Under any circum. e, | fore the perie asonable to riven? ob atapie of ti city.) The situation of th: eign trade country, though not fre harvast, somewhat more excouraging than that of neigh: very great, and Wages on tho uvorage are fully 25 per cent higher. ‘The peculiar position of our aftaics, ever, is this, that the attention of the | been so much directed to railroad specuiatio tol and credit have been so largely diverted channel, that the mercantile community, who for the roost part hayy kept aloof from there schem With some uceasi nose Upon their magnitude, ted to produce a derangement of the currs tially to embarrass bot a nto that y, and mate- at home operations — food of all ct: will have be voaret aula ea, Peyond he pot | en we take | the continental markets the doboas pate | Belgium, and Holland, ana ose countries on the granaries of complicated with new dimontties rahe | tos. Teas not many weeks since a large qs was taken out of bond in Eogiaod and whi jorts; let the present duty continue but ‘onger, and much of that which rema | exported to countries whose wan brt who ts avoided— a state of things, under ! jont circumstances, of very injurious tendency, nu tho augmented rate of consumption of most articies js such, that to meet the increased demand, not only larger, but more regular supplies are required, god dealers are more dependent on importers week by week than former. ly. After the celebrated revision of the tariff Dank measure, a feeling geuerally prevailed t chandise would Le subject to fewer ation atity ofcorn | pod to forei @ ew weeks | a in bond will be not wisdom is more provident than our own whe dvantage of laying in a store against a season | | who know not the slippery virtues of the sliding-9c We s alt thus present to theryes of the cvthises wuld haa spectacle of a nation voluntori- ty poor in the midst of great wealth, hord'ng up stores bes whieh it ferbears 9 tous pe terete ¢ ood th Stussanaeey oF oe nna sateseriian Ta ae coustey Peet be intra fori novelty, et msagthe < F it happens there is more of any particular article D 5 tadthat period, of high prices narticularly ware Jess likely to te- r, et; this opision, howe: Nas Hot been borne ont by re- contevents Without the aid of speculation, of whieh indeed, there never was leas, many articles of cousump- tion have, on the one hand, been snddenly elongated to high rates, in some instascas no doubt arising from © production although to that casualty trade how wilt seertee te oe feskioe ea 7 then Is temporarily required, the price becomes liable at x , especially when once to extraord) r ey remember thie temporary sell Mate | duotion, and Tt is dieheult to id aky ene dinpoest te Eine | be com by 0 future extra ; and thet | Special Clipper Express from the Ueean. though aaneee by from buy! on ome bay | + ; Cheaply, we shall enter when has created dearness, uy genere! distress. The. in Lucian’s oquet | Tent, that even tf it cor | Urals in favor of this country, hore is every probabliity fPwery will, to a certain extent counterbalance it. | aa being inapplicable to the circumstances, the use | correctly described. They are indeed awfu | convenient situations, an emergeocy like the | exponent of , m & to 6 per cent, accompanied by unpiece- | nd powerfally operating wguinve for | i from difficulty, is, notw ichatunding the result of the | boring Staes; the demand for }wbur of ail kinds continues | ; | a supp'y of provisions to make up the defivieney in edits sre narrowed, and basi | twas said that hogs had eaten spoiled potatoes | without having. i ane ines —_ in ‘The natural inference is thas the I | neglect ot to be more squeamish — | plaints are heard Markets. _fapranionrrevale ht tow 2 at Ged Hope parersto-Angun ay, have re" Lo] a | ai greenery = wh with interru; aid fas mo of rapa rian od mal O w sraklags Bekish sett jement in every respect. fire dertakings. the grec | der Limits, wou! mt | bere welfare. To prevent the bad fng froc: that eacess, a decided pasit | be assumed by the Goveramont, with ret ianumerable railrosd schemes. It {is will be physseully impossible for Parliament, next ses- | sion, to get through the necessery {i tions of 8 | ‘The funds.have not reoovered from yosterday’s depres- tithe of the proposed projects, and it is equally eppa- sion; on the contrary, as tho.market continues to be je ucoomplished, the attempt | banged, prices ure lower. Consuls have been 954 aud rry them into eifect at oxce would completely un- | 96}, but are vow 994 4. Exchequer bills continue to be our monetary system. and unduly elevate the va- sedonthe market, and are 30s, to 260 premium, tiabor. A declaration from Government that tho: r cents are 90} to 97}. Bank lone should be entertained which were either re each dreoping. | | on foreign spirits im, | cludiog French bi to 1s. per gallon. aarter p | New th ‘and India stoc postpoved or rejected from some technicality Foreign Stock: e Deen poe uiet, but they are sion (with the exception of those appertalnjng frm. Spanish Fi ae ‘ents, 2) ; Mexicen, 819; | lonies, upon which an earlier decision migat be requir- | Dutch Twoanda-Half Cents, 68} to 69; ond Belgien | ed,) would be most salutary, and would in a Cyn de’ | Fourand-a-Half per Cents, 95 to 96, without the half gree remove th spprohendad. pressure, calm the public | years’ interest. mind, and assist in bringing back business to its proper Quantea Berone Turex.—Consols for Account, 91j. course. Government would thereby be in no way ‘ne Railway share-market hasbeen very flat. There | pledged or fettered as regards future proceedings, and | was asmall business trausacted, and several of the duriag the session of 1817 there would be time to go into | jobbers were ptiacipally engaged inthe arrangement of belo of fhe net arrest "ua fareigaexeluoges by one member in toing all he tara be hat targ be known of the next harvest. The foreign exchanges by one member in taking all the shares he had bargain- are favorable to this country, sud our stock of gold od for,which was not overcome till he gained assistance To Hamburgh shipments of doliars from frienda | and a small quantity of gold. have beenre- ‘Tne premium on gold at Paris is uy per mille, which | cently made to the extent out 000, but whether | at tl ae int price of 8 174) ivy per ounce for | the whole ainount of dollars sent has been bought dona standard gold, hange of 26 41; and the ox- | fide, or ap application originsiiy made to the Bank of | chaugo st at short being 25 60, it fol- or W ri ‘England for a quantity of sil ubsequently car ows that gold is 0.63 per cent. dearer in London than ia | nel out by private individuals, to be returned in specie, | Paria, has not transpired. The balance of trade being se en- By advices from Hamburgh the price ef gold 1s 439 per mark, which, at the English miut price of 3/ 17" 10}d per ounce for standard gold, gives an exchange of 137}. | and the exchange at Ha oburgh on London at short being 13 74, itfollows thatthe vlue of gold is the same at . both place | L x Conn Manxet, Wednesday, Nov. 5 —The eup- | aglivh wheat was only moderate, but fully equal , tdeslers, who from the uncertaiaty ist. respecting ‘he corn laws. pur: | me caution at about Monday’s quota- Free foreign wheat moved off slowly at previous | the east of Europe «nd parts of In corn under lock very little was doing, yet | ve months the countries b higher prices were demanded by the importers. Barley of Anof, and Pt h the | and malt were in limited request. Oats, beans and pea: Straits of Constantinople 2.250 000 quarters of corn, but of | gold atextreme cur encies. Flour meta dullwale, yet this quantity not more than 250,000 passed the Struits of | prices were supported. Gibraltar, which is directly the reverse of the custom’: | "1, npoo1 Coax Exe ry course of that tra @, and is evidence of an extraordi. | 4 .'7h0tpoh Cage Se Nonant | nary deficiency of food in the ee ate bank ita of y 7 eats ih of Friday, | discount is 3 per cent, but it is trom per cent high. : cr in Lombard streot for long dated paper. Atthe bank | Talon oinetteass A oad a eela rere teren caus ti 3 ind money gonerally if | Oats were offering 31 per bushel below tho extreme that we shall keep a large stock of gold, aud considern- Die arrivals of silver are expected by the next Moxican packets; and although foreiga reilroeds may relieve us , of some little surplus, the exportation of iron and machi- eal. ersin money lvok with some unxlety to corn fora de- | ply o rangement of the monetury system, but (hia resu't is not | to m, ended, a¢ the stocks on the Continent | wh ely light. There i iency of grein. not only in the west x. Nov 4. At our market | di f ondon ; alarge amount | Oats were offering, 3 y, and the sale was slow | ‘There eee eoae eee nde ie con wacrmaue. On | was a good sale for Pease at full prices, Beans brought | the Blt ult, the lust settling day on the stock axonange, extreme rates, and were not plentiful. Oatmeal was very dull, and the demand quite in retail; we quote old 1s, and new 1s 6.1 per load cheaper than ou this day week. re was only @ limited sale for Flour, and both Lrish | | and Canada wore freely offered atthe reduced pric | Friday. We beard of no transactions in bond. Liverroot Cortox Manner, Nov.6—The ince | riday amounted to 14,000 bage, at prices rather below | tho average of last week. To-day’ sales are 3000 bags. Arrived six vessels from the United St Liverroot Swank Manxxr, Nov. 6.—Matt Stock Exchange aro in a state which cai ading banking houses in the city had checks to the extent of £2,000,000, the whole of | liquidated by the payment of a balance of Ireland. | The commissioners appointed by government to | F inquire into the actual condition of ihe pasio crop have presented a second report to the Lord Lieu: | tenant. With regard to the plane for preserving diseased potatoes, they dismiss from consideration, | e the orash of“acids,} alkaline liquors, and chlorine, and they | has commenced, some have been overpowered by it | 2 que | State thatthe decomposition of the potato is accele- | without bopo of recovery, and others are struggling | rated by the use of bleachiag powder and salt, | *gainst pecuniarydificulties with a good beart and ho} either separate or in mixture. The screw put on by the Bank, and the paper project ‘A committee appointed at a public meeting in betele Bp Sane paced ite arevene ioe: Dublin on Friday, held @ meeting on the followi ut, in our hovest opiuion, these have had less influence day when a series of resolutions, to be submitte: to the rash proceedings of the great mass of eperators | jis Excellency the Lord Lieutenant, were drawn ves in the recent days, w: unnaturally high + up. ‘They state— | premiums could be commanded on the most indiff 1. That sufi dence of the imminence of famine stock. We speak more particularly iu relation to IL exists ry for the govornmentto take verpool, whi that some of our brokers bavi immediate steps to provide tood for the poople. | 80 er—so mixed up settlements 2. That the best mode of distributing such food will o considerable body of them are so entan: be by the encouragement of public works of national gled in a mesh of difficul with each other, tl and local utility | we feara number must eventually go, uo 3. That the Lord Lieutenant be calted upon toopen very speedily soi judden an) great :eaction in prices. | the porte forthe reception of all articles suited for hue This hascome of jobbing, and its effects have unfortu- man food. Bately not been limited to jobbers exclusively ; some 4. That the Lord Lieutenant be also called upontetake who have confined themselves to their legitimate busi- ures to prevent the exportation of corn from Ire- | ness, have been involuntarily drawn into ombar.ass- | ments by the d fault of these jobbers. We forbear men- tioning the names of those who have“ gone to the wall,” measures for the establishment of public granaries, in | merely observing that at least half a doze cannot meet | to which the grain shall be re- their engagements, and unple sant rumors prevail in r ceived and receipts given for the same at the current | lation toat least double that number. As to the marke prices ; and that in the event of famine being averted | itself, prizes have daily been receding till now the | m ) Jand. 5. That the Lord Lieutenant be called upon to take irom this country, the owners of grain so stored shall be most favorite stock which lately stool enormously bigh, permitted to dispose of it at any higher prices that it | has a position which denotes utter ruin to those who pur- | may be possible to realise in other markets. chased two or three weeks ago. T @ depression is at- 6. ihatthe propriety of stopping the distillation of | tempted to b accounted for trom the continued operation spirits from grain be submitied to the consideration of of the causes we have mentioned ; bata more probable government. reason is, the fact that a most extraordinary number of 7. That the Lord Lieutenant be requested to take mea- | shares have daily been brought into the market for re- | sures for raising at Jeast'a million ia aid of the purp:ses sale forcash Anotber is, that agreat number of per- recommended ; and that the payment of the interest and sons, who have made advances upon shares, have deter- principal be secured uponthe receipts of the Commis. mined to have their money returned, which, of course, , sioners of Woods and Forests in Ireland iucteases the heaviness of the market. And as many Maurice O’Connell, of Kilgorey, and John P. Mo- pals are unable to pay their differences, the distrust lony, of Craggs, are reported to be the new repeal | am # generally 18 very percep ‘1 candidates for Clare. Nr. Sergeant Stosk has fe- _ t10#or the account (November 14) have hitherto b signed the representation of Cashel—he is tobe ad- °%¢eedingly and unusually limited ; and the closing | jedan Sa ‘ On ane 8 to be ad- cuotations yesterday were, with the exception of Grand vanced in his profession. Tixedewn lamar taeiam Waseaety. ther the Repeat AssooraTion.—The proceedings at the tide of improvement will set in as soon aa Ministers have meeting of Monday were very dull. Mr. Lonergan made up their minds upon tho momentous question occupied the chair, and Mr. O’Conneil attended. | which is anderstood to be the subject of their present The rent for the week, including remittances from deliberations, we know not ; but matters can scarcely America, was announced at £335 10s. be more threatening than at present. STATE OF TRADE. Lancasnine, Nov. 6 —At Bolton, the demand for cot- * ton yarns bas been limited during the last few da: prices of some sorts are a shade lo are moderately brisk, ginghams are in partic lar request. Bleachers have more work thin they had a mouth ago. Machine printers, in the town and borhood, & @ not so busy as and calico block-printers have Very little work indeed The broad silk trade at Leigh, Fallawortn, Middleton, and the neighborhood of Mauchester, ie rather dull ; yet itis not & slack a3 is usually the case at this season of the year. The best qualities of fine broad satin shawis, and ‘new descriptions of fancy work, are in particular request. The silk and cotton smallware business, in the same districts, is rather slack ; and ut some ‘sik mills hands have only four days’ work per week. Mancuvstex.—There was very little demand yes day, either for goods oryarn; aud, where any busin was doo ices were generally lower than on the pre- ceding Tuesday. ‘There is, however, so complete an absence of stock, that the spinners and manutacturors ge- nerally are by no means disposed to press rales; many, indeed, aro atill working to order, and consequently very well able to wait for the chance of betier prices. Our attention has been called to a statement ia the Leeds Mercury of Saiurday Inst, where, under the head of the Cotton rade, it is stated that the prices of yarn were, ou the preceding day, lower by 21 to 2hd per Ib, than on that day in the preceviug week. Altnough this state- ment iy too absurd to mislead any one in this town, or its immediate neighborhood, it may have some effect amongst the Yorkshire manufacturers who use coitor, yarn We thereiore think it right to state that th cline in prices during the period named did not ex rib, and that tne total decline from the h prices paid five or six weeks ago. does not on an average exceed three fartuings per lb.— Guard: Rocupate Fiamnyt Maaxet, Monday, Nov. 3—We have another dull market, but prices have undergono Little or no change. Wool is much the same in price as it was on the preceding Monday. } Yougsmine —At the Leeds cloth hall the trade has been particulariy dull. The stocks are low, but prices are without alteration. Little has been done in the ware- hoi but on the whole the amount of busin France. Our dates trom Paris are of the 4th ult. The successor of Marshal Soult, as Minister of War, has not yet been definitively appointed, ‘and there appears to he considerable difficulty in making the selection The Constitutionne/g says, that Gen, de Lascours has aecepted the office, but the minis- terial papers are silent on the subject. [n the mean- time Marshal Soult has quitted the hotel of the Miowtry of War. " Tue Three per Cents closed on the Paris Bourse at S2t. 60c., the Five per Cents., 117f. 0c, the Or- feuns Railroad Shares, 1,187f 50c.; Rouen, 1.015t, Havre, 805f; Avignon, 1,000f; Vierzon, 735t; Bordeaux, 645f.; Troyes and Montereau, 502t. 60c ; Basle, 270/.; Northern, 775f.; Spanish Actives, 354. A somewhat s-nsible depression of all species of securitie, took place on thefParis Bourse on Tues- day, owing solely, we are told, toa scarcity of money, and of the inability or indisposition of par- ties to take up the stoek and shares bought by them for the end of October. spain, The Madrid journals aud letters of the 29th ult., have reaced us. Our private correspondence states that the Colonel of the San Fernanuo Regiment, quartered in Madrid, was arrested on the preceding day in the public streets by General Narvarz. The General, it 1s said, had intimated to the Colonel that he should ;eview the regiment under his command on the 23th, but when he reached the barracks he found the men preparing to march tochurch. He +4 instantly arrested the Colonel, who remains in pri- bon Waiting the Queen’s pleasure. ‘ Italy. Letters from Rome estate that the revolutionary party in fraly has not by any meave abandoned its schemes, although the recent failure at Rimini had tn nome degree discomfitted them. Letters give a report that another attempt wae made to land below the port of Fermo, near St. Benedetto, by two pow. | doic t this period ot the ye erfully armed vessels. been quiet, without Russia, In the foreign wool market prices | ns have bi © supply immediate wa t Letters from St. Petersburg states that Prince goly cone field Woronzoff, after his interview with the Emperor of Bradtord the trans Russia, at Odewsa, returned to the Caueases, where couraging accounts continue to be received as to the he isto resume operations as soon asthe weather yarn tiade, and large numbers of operatives are out of permits. employ. The piece trade is also flat, but prices remain Germany. Ftationary. fax market has been slack, particularly | The King has granted to the German Catholic | {@%eo! trade. The prices of clotuiog worts are re- axed congregation at Potsdam the use of a suitable pri- vate loculity for divine service, and it is said the Pancess G***, from Russia, sttends the German Catholic divine eervice, by which, ne well ax by the sermons preached, she appears to be edified. The Princess invited to her house the elders and the preachers of the German Catholic congregation,and evinced to them her pertect accord with the dog: and rituals edopied-by the German Catholic church. tonge hus met with a most hearty reception at | ‘kach, oot only trom the citizens, but also from those who eame to meet him from the neighboring places, for which reception he showed himself most &4: | sincerely thankful. The Breslau newspaper of Oct. | P' 22, states miost positively, that M. Konge will soon be proseeuted by the Government for a libel,charged upoa no less than fourteen passages in his pamphlet, which he bas lately published PorciaTtion or Austria —According to the cen- sus of 1843, the whole population of the Austrian monarchy (the army included) at present amounts to 38,000,000. During the last 25 years the increase all the beat clothing of Mr. Bri d his wife, and all e was 24 per cent. Holland. his papers, was taken out, The door, it appon: Tne Hacue, Nov. 3.—Among the jaany measures | uofastened The robbers ente | adopted by the Government to procure from abroad 994 took the trank from the room where thr and one hired man were sleeping. without aw: one tatil they were passing ont of the door malen was then aroused, and on rising, found that tl w being absent from home, Lyicestee -Thore is scarcely any variation vince last week. 76, and prices steady. | Lecester Chronicle. | Mormon News —We tak» the followiog from | the War aw Signal of the 19th ult: —Nearly all the | Mormon lands iu the soutn of tue county, to which they hed any title, bas be arn by ® gentleman from Fouc vicinity |, they have parted with nearly all their titles vicinity of La Harpe, bowever, the Svints are slow to fell, and ae yet, but few contracts have been made In the neighborhood ef Nauvoo no sules have been eff.ct- | an son that the Saints ask exorbitant | their land at what they gave for it, Thie looks reasonable; it be recollected that most of this land was | ef Jos, and tho price was ually pat on by | hence it sold at oxorbitant rates Ff, w have sold from five to eight dolai | acre, while the Sointe near Nauvoo, ask tor no better si. | tuations, from twenty to thirty. | On the 17th, the house of B C. Bride, nineteen miles east of Warsaw, was entered by three persona, anda | large iron bound trank, containing ahout $20 in cash. | our crops, especia ly potatoes, i ine tollowing:—Hius | Excellency the Minister of the Colonies informe the merchants, that by the King’s authority, orders have | the alarm wat £ neighbors, who started in | been given to the Governor-General of our Bast Io- | pursuit They tracked the robbers towards the Mor- | dian possessions, to encourage by all possible means | mon»ettiement on Bear Creek, near which they found the exportation of rice to the mother country, and to the trunk, broken to pieces, and the papers scattered tuke care that during the year 1846 Dutch ships,the | °¥4r the grouad, but the oash and clothing were gon half of whose cargo ut the I-ast consists of rice to be, OF Fe (dC eta that Mr. Daubenheyer's imported into the Netherlanda, shall be admitted was found buried near the residence of a Mormon | "7 byt f Ri » | 1, from the payment ot be on rice, OF tO the neighborhood considered him g' of partictpation | cause it to be returned to them if they have already | in the murder—but for want of proof, the law could not vaid it; 2, from the import duty on the sacks for the be made to reach him. Last Wedn night some | rice; and, 3, trom the anchorage, convoy and harbor Persons nnknown went to Rice’s hou: d, taking him | dues. ‘The captains of ships are only bound to give | Yt, setfire to it and co ith the furniture. security for the amount of their dues, in order to i+ U.S District Court. sure the importation in the Netherlands.—Dutch Pa- | preniding. | per, Now 4 | Dre 5—Un Kobert Ye Arifuh — This | Amsterdam, Nov. L~We are happy to announce care which was expressly ret down for to-day #oxami- that the herring fishery, which was ut firet very une | Ration, war at the juxtance of the prisoner's counse! tnr favorable, is now 0 productive that there ie no re- | ther deferred until the lt Tuesday of Janunry next, | gord of so many arrivals at Skeveningen, in the | 4°m@ necesrary eMldavite being requisite for a proper j month of October aa this year. No fewer than 11 They vessels have arrived since the 24th of October, bring- PR th Anco pa Piet tree corec aea in all 647,000 herrings. 1K This Court then resumed the hoaring of arguments | (@a AND Porators.—We quoted some time ago | the nature of which being unimportant,we omit a detail- | an article from the Official Gazette, in | which | ed notice. , \ POSTSCRIPT- - WO R O'CLOCK, A. M. —— BY SPECIAL EXPRESS #BOM BOSTON. TWELVE DaY3 LATER FROM EUROPE. ARRIVAL OF NE STEAMSHIP CA\BRIA. Depression in the Cotton Mm wket. OONTINUED RISE IN \ "HE CORN MARKET. | |* Frightful Condition Of Irelana’: STATE OF THE MONEY MARKED .* Sieam Ship Cambria, Capt. Judkina, with dates from Liverpool to the 19th ult., and Halifax dates te the 8rd inst., both inclusive, anchored off Boston Light on Thursday orght, at half past seven o’elock. She was immediately boarced by our agents, and her news brought to Boston, where it was reeeived | at half past twelve o’clock. Arrangements had been made to immediately express the news to this city, but owing to the raging sleet storm, it was deemad more prudent to depend upon the Long Island Rail- road. Qur express messenger left Boston yester- day in the regular traia, and we this morning give the news exclusively. A general reswme of the news by this arrival wil} be given in the Weekly Herald, which will be ready at8 o’clock this morning. Among the passengers in the Cambria, is Profee- sor Moree, the inventor of the electro maenetic tele- graph, who is the bearer of very important dea patches to Government from the United States Legations in Prussia, Belgium, and England. Mr. Morse has in charge the ratified treaty between Bavaria and the United States, transmitted by Henry Wheaton, United States Minister at Berlin ; and also the proposed commereial treaty between Belgium and the United States. He fas also des- patches for the Department of State, and for the of | Post Master General, from Lows MeLune, United States Minister to England. Rufas Prime, Esq , of New York, is also a pas- | senger in the Cambria, and bearer of despatches | from the United States Legation in Paris to the Department of State. The Cambria, on Wednesday last, boarded and exchanged papers with steamship Britannia, from Boston, (2ad inst.) for Liverpool. The con market continues to rise, and the rages to fall. The latter now stand for the we 14s; but the belief is gsining ground, that befor end of the year, with the advancing market, will be admitted at the lowest duty—a shilling | quarter. The produce markets remain in a tolor | healthy condition. The cotton market partakes of the depression which every description of business is for a t plunged. There is very little doing, althongh, x» compared with the inactivity of the previeus f night, the market wears symptoms of animation. The American Provision trade does not pres much activity. American wool appears to command myeh att tion. Trade in the manufacturing districts is down. Steam ship Great Britain, trom New York, (O: 23th) arrived at Liverpool 17th ult. Steam ship Hibernia, from Boston lat ult, ar St. Jobo’s, N. F., 9th ult, where she put in to repa dam4ges, arrived at Liverpool on the 18th. Marshal Soult, Minister of War, bas resignec General St. You has deen appointed hus successor. Meetings have been held in Ireland, to take inte consideration the state of the potato crop of the country, and resolations were paswed, and subinit- tedto Sir R. Peel, asking for the openiog of the ports; to stop the distillation of grain, aad the grani- ing ol a loan ofa million aad a half, to supply their present necessities. On Thursday week, the‘Bank of Eogland rateed the rate of discount to 8% per eent ; a moveinent which had a tendeney to urrest all further specula ‘ tion in railway stock; aod on Thursday last it was believed that the Bank intended to raise the dis- countstill higher, but the meeting passed off with- out any intimation of thekiad The vaine of money is higuer in every point of view The Cloth markets at Leeds and Huddersfield are not in such a healthy state x9 when last report tew goods are now changing hands at the latter named place, but the price of beth goods aad wool remain steady The report from Bradford states that the business transacted there is but limited ; manufacturers are acting with extreme caution, and reaucing the quantity bromght to market. In the Flannel market at Rochdale the demand is becom ing less, and prices are moving downward. The Manchester trade is in a sather unfavorable por tion; prices are much lower, and the demand ¢x- ceeding'y limited, so that few sales have latterly been effected. The King of the Belgians has been opening the Chambers ina speeeh which makes mention of a commercial treaty with the United States ; but the details of the treaty have notappeared. The state of the potato crop, and the strings which, it is feared, the Belgians will endure in consequence, are to be provided for, the King sugy’est#, by employ- ing the poor on publie works The accounts from Algeria show that che Fren are still busy making the most ample prepx rations for the subjugation of the inhabitan s. : A rumor from Russia, which has ebtained itile credit, states that Nicholas intends to ub ficate in favor of his auecessor, and that when he left St. Petersburgh for Ital, this had been resolved upor. The new tariff of the Zollverein has been pub- lished, but has excited little attention ia England. As regards the United States, the increased dutic will not aff-et the imoortations. The transit duti on Corton have, tt will be seen, been reduced by the Hanoverian States. France, We have received Paris dates to November 13 Alter considerable aelcy, the resigastion of the Ministry of War by Marshil Soult has been fisally nvcepted, a royal ordinance having been published on Tuesday announciog it The ordinance express ed “the very great regret” of the King at the resig- nation; but it retamed the services ot the old Mar- shal as Presidest ot the Couocil General Sunt You has been appointed his successor in the Minig- try of War. General Schramin, and other generale, has been talked of, but various reasons caused them all to be set aside, and Saint You chosen He ie not much known; but is not # bad soldier, Che ¢ ase colonel at Waterloo), nor is he without ad.ninistra- tive talents; and he has had considerable exp- rience: of business in an eminent post in the War De- partment. He will do very well in the situa- ton until Marshal Bageaud shall think the pear ripe enough to be gathered for himself. Mar- ehal Soult, as intimated, retai the Presidrney #f the Council, which is the same as the Prime Minister m your country; bat he will not uke @ more netive part in the ministry than he bes been accustomed todo = Guizot, the Minister for Foreign Affairs, has always been the virtual ehief of the © binet, and, under Louis Phillippe, wielded all the power of the Government. He will, of course, con- tinue to do 80. It wppears from a report ot the Minieter of Marine, thut the tetal logs of the late conflagration at Taulon was about 3,165,000 francs ‘The cotung of the Isthmus of Panama being a favorite project in this country, the news from the United States of the discovery, by Captain Klause, that the Amazon River is onvigablo, hus excite considerable coriomity. But it appears to be thought that the great distance by tne river, and the diffl- culiy which must needs exist ia aivigrting it, rene ders the discovery of no great value 5 at all events, that ii will aot retider the proposed canal through | the Lathmos nnnueceswary Italy. Mu.an, Nov §—lcepprars that the spirit of ine surrection is put dead emong we. There have been other attempts at outbreaks in the Papal States, but they have been suppressed. {tis asserted thot the Governments of the Continent have Tepresented to

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