The New York Herald Newspaper, February 17, 1848, Page 2

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

Se + ed the play of 7 ‘ob. and afterwards how they are to be published. In the recent advices from Berlin, we find some di relative to the first Inbors of the committee charged to tails | but the common old wither! diffonity at a decline of is to 28 per quarter’ uns moved off slowly at a reduction of Qs to 39 per quarteron last Monday's currency. The ti prep re the new penal code, which isto be submitted to | quiry for foreign wheat was of a strictly retail character; ihe committver o ing the punishme the states. The question of abolish f death was taken into consid tion, and five mec ra gave inan affirma ive answer tnd seven a negative ove; mine members eu employment of the guillotine in place of beheading with en axe. 7 Theatricals. pd for thet country hioh he has un- Theatre London ‘and will leave Eo &t the expirat dertaken to pe He bas been performing lately nt S ter, to delighted audiences ; bir m ter was that of King Lear. successful charac- oa, as agent fo: celebrated Titus. We understand hehas purchased largely of Mr. Batty, Besides several beau iful horses, he bas purchased two of Mr. Batty’s elephants camels, recently Eastera trapp The rvee es of M Alboni at Pari great Shehas apprared in “ Somiram tole,’ and “La Donna del Lago.” prest favorite with the Parisians. exhibiting in Liverpool, been very Ceneren- Lately, at Vienna, Herr Fuch, the oslebrated compo- | Baltic, was held at 58s per quarter Hin | sorts ia grauary 8 deeply lamented, and his funeral was attended by | taken, if business could have been the: of ¢ burg. He died af the early age of 35. the musical celebrities of the city. Amongst his pos- ous works is a completed comic opera, entitled the cent of Si manca.”? ‘Templeten, the emisent vooslist, is now giving rome of his en‘ertainments at Bristol. Elisa Cook has been sojourning with Mics Cushman St Shefleld, pg th ly part of last week. She was in the th; ‘ay evening, and witness- in which sil oman : ¢ Stranger, appesred as Mrs. Faller. The Latest Commerctal Review. ‘The trade «nd commerce of the country have mani- fested ayroptoms of improvement during the past fort- night. Joney is more abundant, and oan be obtained das the influx of specie from distant on satisfactorily, there is reason shall witness @ more prosperous g oosursto ivterrupt the grad- fidence which is now taking place. The accounts yma the manufacturing districs show a gradual im- 2 the employment of operatives. Some ures bave taken place during the fortnight, bat it is gratifying to be able to state that they are of minor ‘mportance. The demand for most articles of foreign and colonial preduce has been extensive, The prices obtained are more remunerative, and from all the indications which ave observable in the commercial cir- oles, we may predict the return of better and more pros- porous times, The Cotton tive, market has been steady, althongh not ac- noe the departure of the last steamer. During the week ending Janusry 21, there was a more extensive demand then had preva! for some time previous'y, and ‘sales amounted to 28.710 bales Inthe early part of the week, note!thero was a trifling advance, but not deing maintained, closed on the 2let at rates near- ly the same ss thers lost quoted. Sinos the 2ist the sales are limited, but still prices are pretty steady. The otal sales of the fortmicbt are vatimated at about 46,000 holes) We may juvt obeerve that for Babins there iss salir demand, aud s moderate business hag been done in Brozilia: r continue light; and the stocks on banc with those of last season, a1 much ems st the prospect is that they will con- for rome ti rh market eiuee our last has been ina languid avd « forther slight depression of prices has taken oe, Qn the market day of the 17th inst , the value at was affected by the dampuess of the weather, e to 2s per quarter lower than and inferior descriptions were 1 Ih Liverpool ® corresponding de- place, and Indian corn fell 2 to 3s per 480ibs han on the previous week. On the following ys a better ferling prevailed here, which, however, owing to the continued dail state of the Lon- don market, has not been maintained. At Mark Lane, . ne market opened without any to effect sales, 1s to 28 epted; and even at this de- y were difficult. The fine de- 1, “however, iuily maintain their ue, In Liverpool, ou the 25th inet., the in whest, oats, and flour, were on e limited but without further concessions of prices. Indian n Was more saleable, at about 1s advance, and Indian cern wesl,atan improvement of about 6d per barrel The London advices discouraged any disposition to make purchases beyond the immediate requirements. Flour continues without much alteration. Best American brands fetch about 2s 64 per barrel, but ell desoriptions are slow of sule, The weather has now become cold and seasonuble. and the general report throughout the country is, that the wheat plant bas not suffered any jajury from the constant wet weather which has gene- rally prevailed. is the Loudon market,on the 27th inst, wheat was extremely dull, and prices may be quoted at a decline of 1s trom Monday. Financial Affatrs. ‘The incressing stock of builion in the Bank of Eng- land. which now amounts to no jess than thirteen mil- lions steriing, and the continuous inportations of the precious metals from Europe, and still more from the United S amongst according cy and bullion tainly, the ineres as far as regards its stock of bullion, w pally contrasted with the generel p: sad credit than at ths present period; and whatever opi- pions theorists may entertain about gold or paper cur- rency, more or lass convertible, we think it undeniable that system must be radicaily unsound which re- quires that the ohief ban! natitatioa of the country oan only reinstate itself in pudiie credit, and replenish its exhausted coffers, by depreciating the price cf commodi ties to eo great an extent as to bring back such unne- cessary quantities of bullion at the expense of the indus- try of the country. Making the fullest allewances for the natural working of the exchanges between England and all those countries with which we have commercial dealings—after taking into consideration all the ele- ments of disturbance which an excessive importation of breadstufls prodaced—it reems to us that th pletion ofgeld ia the vaults ot the bank, pidly the late depletion, cannot pros system of banking or currency ow ales late in Of from ® sound ‘The undue exportation ted the | eld and Manches- | | ble deffloulty was experienced in eff duced rates of the 17th. | and low qualities wer Von Atburgh hes recently arrived here from Ameri- | T@ accounts from Ireland being discourag Ore OD beds ad the abele or bie brentivel | of indian corn meal also i een bitte tee riveree sith thels | ther depression took place on the 24th. 80 | | | | cultto give quotations ; the doubt that eecoudary sorts might have been bought Is to 3s per quarter lower than on th met with little attention, and ite v ohange requiring notioe. Indian Corn hardly maintained its previous porition oready hes accepted an engagement in the | ited supply of fresh Wheat at | aod, | ken 100 Surat, sudden re- lowing ao Ta. | for the week are 28,710 bales. | ‘ bullion from the United States ocearions here, at pre- | rent, almost as much uneasiness as our own slender siock did im October last. The indications of ment, which the export of sbout $3 800,000 bes alr cocasioned, ere watched with increasing anxiety — The effect cf this bas been much overrated We think there cannot be a doubt that the loan operations of the United states Government, in the face of the pre- sent exporta tions of specie, and the drain of bullion for he exigencies cf the war in Mexico, are the immediate een of the actual inconvenience suffered by the banks on the other s' event to re-invigorate trade, and equalise the exchanges to their ordinary level. We apprehend far greater do- mestic difficulties. social es wells financial, trom tho perpetuation of the improvident, impolitic, and, even amongst the Americans themselves, unpopular war with Mexico, than from the transitory derangement caused eodily regulate itsel!; the other carries with it the er changes, vither for evil or geod. We sinoerely hope the iseus may not be more disastrous than it is at present.— European Times. Loxpox Money Manxet, Friday, Jan, 28.—The Bank of Evgtand’s announcement on Thureday, the 27th, of their intention to reduoothe rate ef discount to 4 per cont, had but little effect on the money market till just bef re and after the close of business ou that day ¢ ols were quoted at 89 to 3s, both for money and the unt.and sfter some flactuation they cloned at 69% to Afver business hours they were quoted at 895% to %; for the Account. The other stocks nre cuoted us under:—The ‘Three per Cents Reduced, 89% to 34; Three-nnd-n-Quarter per Cents, 9034 to 34; Bank 8 lin Stook, 238 to 40; Exobe- m2 London, which are up to the close of business, report a further advance, under the joint nfluence of th» reduction of the rate of discounts by the Bank and the reoeipt of higher prices from the Paris Bourse. Consols for the Account opened at 89% to 89: d were done at both prices up to one o'clock. Laver in the day, the market was not quite so good. Consols reslized 893g to 895; for transfer, and 89% to 89% for Account. “A good desl of money stock has been brought forward at the rise, and cash is worth 2 per cent in the “house” The new Three aud-s-Quarter per Gents are Ss to 90%, wad the Three per Cents 89% to 90, Bank Btook )to2#2. Exohequer bills are 33s. to 366, P a Spanish Active Bonds have been 21% to 22, and Por- tu.uese Four per Cents 26 to 26% xican Stock is worth 13y to 18%, Duteh Two-and-a-Half per Cents are at 54 Lo 543, Bar Jam. 29.—In the London money market Was ® reaction in public securities, ge people endeavored to wscount doubtful appearance of affairs io France on for by th efflux of bullion from either country. The one | At the opening | | Meranham. Sales for tae week amount to 25,680 ae | prices of 8. Ro. 23, indeed, so little busines was done as to render it diff however, ba no paki ey ht. Flour jue underwent no On the 19ch there was only a lim- ket. ‘The few lots of {tention : consider: feoting sales at the re- gE ish off red met with bat lit Holders of the best brands cf Amer| Fiour, both on thi ch and 2ist, refused to wake any concetsions; at the rame time moderately good ffered ut rather lower pric Corn bas been more freely offered, and this article gr dually gave way 1s to 2s per quarter; good Galat: ing lately been sold at 43s to 36s per quarter/ ihe value eeded more or less. A fur- of English wheat were selected early, at price’ below those ofthat day week; but the general run was Is to 2sper quarter, with a slow \t the abstement. Foreign wheat was also dificult of dis- Gordoni is also ® | posal; but high terms were still asked ior the very finest w red, lately received from the For the ordinary racney would gladly been ilitated. y The nominal top price of» flour underwent no change; ship marks were, however, easier to buy, and American sorts.” A cargo of fin | fous, unless of very fine quality, was also the turn cheaper. ‘There were no rales of iinportance in Indian corn. Very li business was done on the 26th, but prices were steadily maintained. Yesterday, January 28, wheat maintained full prices for good descriptions, but the demand inactive. Barley wasin short sup- ply and fair reque full prices. The best o.ts were quite as dear, but ether qualities were neglected.— For beans, peas and flour there was littte inquiry. Liverroot Coun Manxet, January 29.—Although the accounts from London and several of the — provin- cial markets have not been of an encouraging character, the Grain trade here has been pretty firm since the de- parture of the last steamer. At the market beld on the 17th inst, there was a tolerable number of country mill- ers, and being responded to rather freely by holders of Wheat? acceding tos further deoline from that previ- ously stated, we reduce our quotations for all kinds of old wheat 3d,and the general qualitiegof new fall 4d per 70ib below the rates of the 14th, thereby inducing buyers to purchase upon a moderate scale,but by no means beyoud their immediate requirements. States,as wellas {rish and home-made flour, being in limited request, receded 1s per barreland 1s persack. Beans and peas remain- ed unvaried. Oats and ostmeal, meeting little inqui- ry, hardly sustained the reduced terms of the 14th. The value of Indisn corn snd corn meal giving way again, quotations were placed 28 per 480 Ibs. ard 1s per barrel Geer than on that day week, at which: sales progressed more easily but not extensively. The market held en the 21st having been tolerably weil attended by home and country buyers, the trade nee ued to open with @ better feeling on the yore of holders, and for most kinds of wheat rather higher terms were required; any advance, however, being unattainable, and the transactions only moderate, we have merely to repeat our last quotations. Flour, though not in active re- quest, was rather more salable at the rates of Tuesday. In Barley or Malt little or no change was apparent. English and Europsan Beans were diffloult of sale at late prices: and Egyptians, from the large supplies at band and coming forward, declined 1s per quarter In Poeese no variation. Oats continued to move sparingly oa the terms last noted; end Oatmeal reo load. Having several Irish buyers over here to-da: operations in Indian Corn were rather considerable, at an advanee of 1s per 480 lbs; and corn meal, being also in good demand. was 64 per barrel dearer. On the 24th, Wheat of all descriptions being offered ata decline of 1d to 2d per 701b with little effect, we reduce our quo- tations of this day week in that ratio. American flour, however, from the limited stock of choice brands remain- ing here,was held at late prices, but was taken sparingly, and home-made as well as Irish, met a dull sale at a de- cline of 2s per sack Beans of all denominations, exciting livile notice. receded 1s to 2s per quarter. The oat trade being also languid, all kinds were rather depressed in yhlue; end oatmeal was in slow request at late rates. Indian Cora, and Corn Meal, although still ia moderate | demand, lost the foregoing edvance, thereby re-estab- lishing our currency of Tuesday last. Yesterday, Jan. 28th, wheat declined 1d to 2d per bushel, Oats were al- sold per 45 Ibs cheaper. Indian oorn and Indian meal were also dull of sals at the rates of the 26th inst. Loxpox Pnovision Market, Jan. 29—American— Bacon has had a fair sale, at steady prices. Old is now to 40s, and new 54 to 568; bale and tierce middles zo with increased freedom, and full rates are paid. Old ddles of pork 25 to 30s, new 52 to 54g, Lard has met dy demand, and prices are supported—kegs 60 to d barrels 58 to 60. Beef is rather cheaper. i india beef 105 to 110s prime meas 80 to 90s. Cheere is in steady demand at Jate rates. Irish —a much better demand has been experienced for all kinds of butter; the better qualities are still in the most demand, some instances, rather more money has been paid. The supplies cont ge, and the stock is now o to that of last season, whilst the deliveries atthattime. Quotations are—Car- ded, 92 to 938; Cork 90 to 94; Dab- The demand for bacon is active, and the trade being barely supplied, holders have been enabled to obtain auvanced prices’ The market is steady, avd closes with firmness. Prim Waterford 62 to 65; heavy 61 to 63; Limerick, si 60 to 64, Hams have o ate Lard has met a moderate Waterford ; other kinds are steady at former rates. Lrvenroot Corton Manger, Jan. 21.—The advices re- ceived by the Halifax steamers, which arrived on Sun- day last, stating that ¢ i Ib. in American; for the last few days, however, owing to the continued dull accounts from Manchester, the in quiries have been lees numerous. and the sales made have been at a slight decline, rendering it difficult now ize the quotations of Frid Surat is steady. il and Egyptian are dull. Speculators have ta- 4 exporters 100 American. ‘The sales Jaxvany 28.—There is li je change to notice in the ata ‘The demand, which continues to be limited to the wants of the trade, was rather languid in the early part of the week, when prices were barely ge- | maintained ; but it bes since revived, and the quota- tions of Friday last are readily obtained for all descrip- tions. Exporters have taken 500 American and 70 Jaxvany 29.—There has beena fair inquiry to-day fo Cotton, and the middling and lower qualities of Ameri- can are rather tight at our quotations ‘The market closed firmly. ‘The sales were about 3000 bales, and in- clude 2500 American at 44d = 63d, and 200 ‘Surat at The cessation of the unfortunate | 3/8 3/d war with Mexice would conduce more than any other | Hayre, January 26 —Cottons—The antioipations that were entertained of a revival in business, after the Christmas and other holideys had passed over, have been, in a geeat measure, realized, the demand from the trade having been of an active character since tho opening of the yesr. aud especially so during the fret two weeke. But whilst on the one hand an advance of about £2 was obtained on old United States’ inferior d-soriptions, owing to their scaf®ity and the preference given to them by dealers, on the other ordinary and su- perior grades have undergone a decline of fully f 2, in consequence of thet preference, and the successive im- ports of new cottons. Within the last fortnight, how- ever, the buying has become less active than previously, the accounts from Liverpool and Manchester still exbibi- ting a certain degree of uneasiness in money matters; whioh, together with the numerous, aud, in many in- stances, important failures that have very recently oo- curred in several of the principal commercial cities io Europe. have, in @ great measure, shaken confidence, and cast a gloom over the mercantils and financial commu- nity in general. Holders are, th-refore, rather more de- firous of running off their stock ; aud although con- sumers purchase without reluctance, there is, neverthe- leas, a crisis exieting at present, which will, for a time, have an unfavorable influence everywhere, The sales, since the commencement of the month, including those for future delivery, have fuily kept pace with the arrivals, and buyers from the interior are induced to come forward rather freely, owing to the low prices now ruling. Our latest advices from the United States are to the 9d inst., but they were devoid of anything of a pe- culterly interesting nature. Ashrs~ Nothing deserving of notice has taken place in American potash during the past week, there being merely a retail demand, end prices barely maintain their cround at £45 tof 45 50 per 60 kil, duty (£8 25) paid. Coffee—The transactions have baen on @ very restricted scale, but prices have not un- dergone any alteration; they are, however, barely eup- ported at our quotations. ‘the sales effected during the month were 3500 bags St. Domingo at $630. to $8, and 400 bags Brazil at 360. to 50 per half-kil,in bond. Hides —The last sales of Hides reported are 142 dry Buenos Ayres, price not quoted, but they are supposed to have changed hands at lower rai Hops Not, the slightest demand has been manifested, and there bring one of American growth in the market, the electoral teform question. Consols opened for ac- | prices of that description are merely nominal — count st 99%, resohed fell beck to X, end then to | Lardand Tellow—We have to record sales of 400 bbls 8% 34 e ext © for money was 697 mod 3, | and 1084 firkins American lard at f 70 to 71 60 per 50 and 4 good dea es sold for delivery on Tues. | kil, duty paid; for Russia tallow the demand is mode day next Th ree pi ats Reduced have been done | rate; our present quotation is f 67 for lots in loco ; sey- from 90 to 00%, the Thr i Quarter per cents from | eral carke of New York found buyers at f 66 for home 91 to91%%, Bank Stook at 202, and India 243 1. Exche- | ure. Rice quer Bilis have farther improved, se high as 37 pm 8035 8 34 2 20c, per Cents 991 600 100 206. Four-and-a- Half per Cents 104f Th New L sury Bonds, Obl. of the City, 7f 60c. Nespolitans, 96f 600, Romans, Four mts 741 20¢ Ibe 200 160 f 300 ngs oa London, ope month, money, 20f 47540; three months, money, 25f 273¢, Bank or Evouann Ans pursuant to the Act 7th and 6th Victoria, E leap the week ending January, 22 vs seue DerartMEnT otes issne + h26,559265 Gov't debt......... £11,015,100 Other securities... 2.964.900 Gold coin & bullion. 1; Bilver.vullion, .. 1 RPARTMENT, Gov't enritien dead ty 617,517 aunts 4,082,448 | 10,774,878 er 903,278 “oni —. £34 ,059,950 - Dated the 27ch day of Junuary, £34,039,960 Mark Prain trade bes bee lintog mieney duri the Lweicigbt Oo the 176n instant there woe rath: © laces show of Euglish Wheat. The beet b nd have been done | nation in busines Two o’clock—Consols for Account, | f 21 60 to 27 per bis artiole participates in the general stag- and our quetacions for Carolina are kil, for consumption. Sugar—Prioes remain without alteration, with few transactions in Jan, 27.—Five per Cente 1160 200 800 26¢ 90g | French colowial ; the last quotation ist 67 60 for the | standard. Whaiebone—Our market is very dull, and Bavk Actions, | ®t! 2 07%, per half-kil, duty ive per Ceuts, 1840, 99f. Do, 1842, 99s¢¢, | te | without any partioular alteration in prices. | of sugar inolud | 180 bo: 2.976 | fold-—the former at 26f to 42, and the latter at 23)4f to 9 | | trifling. | bales American. at 220 to 26), and 159 bay 206 quote white Havaue f | Perto Rico, 113¢f, to 42, 1100 boxes" yellow Ha is aud it is we quote northwestern fishery at f 2 02}¢,and southern AmstexnaM.--Cotton ia firm, and ratber higher prices ve been paid; the transactions, however, are of a limi- d character." We note enles of 300 bales American at 260 to 98 per kilo, The coffee market is ready, and wing to the interrupted navigation very few transactions arere- ported—ordinary Java sella at 193 to20. The rales quantity of Surinam: st 19)¢f to 24, ity. 30 chests white Pernams have 84. In public auction appeared 8 Havannah and 180 baskets Java, which were according to aio found buy 5. Several transactions have taken place in refined, id thet altogether about 350,000 kilos crushed were taken at 20M to 32 per 50 kilos. There is very lit- | tle business doing in apices. ‘The stock of dyewoods ts muoh reduced; and for Jamaica and St Domingo log- ‘£11,464,605 | ¥0Od rather bigher prices have been paid--we quote 14si0.se3 | feom Sf to 3% 7,447,389 | in bond, T 400 barrels rorin have been sold at 24 ‘ebacce contioues at very firm prices; about 190 hhds Marylend have changed hands Antwenr—The dusioess done in cotton bas been | Among the sales of the fortnight, are 650 to 2g. ‘The sugar market is very 17M to 18 ; yello Pernambuco, 10, The demand f Smproved ; 700 teresa 1 carks Carolina have been sold at 13%. to 15. Lont » much inquired for, Coffee conthunes ta The sales for the fortnight comprise ‘Ya, Bt 240,00 2439, 2000 8t. Domingo, 2000 Batavia, and rather better prices. uence have taken place. Some 5000 were bought on specula- tlon, at 200 to 86. We quote Montevideo descriptions at ‘be are fow sales of moment zoing on in tobacco. Holders, in expectation of improvement, keep out of the market. Kentuckyis worth 15e. to 24, Vir- nd Maryland 16c. to 34. Hama The following part of whi @ taken on speculation, prices ranging 26 to 28¢ per half kilo. The sugar market is firmer, ‘and ratber better prices are paid. The market offers very little choice; prices are as follows:— Whi 2im to 23; yellow 16m to 18%; white Bahia 17m to 18%; brown 14m to 16; Porto Rice musoovadoes 14}4m to 16% per 100ibs. The coffee market remains firm, and without much alteration in price. Some few thou- sand bags Rio Janeiro sold at 3x6, besides 4500 bags other Brazilian descriptions at 2%s to 3X, according to quality For St Domingo there is some inquiry, but the stock is small; 600 bags have been sold at 3)j0 to 334. The rice market is very quiet, and purchases ure made only to supply immediate wants. Prices must be con- sidered nominal. Some Java has lately been sold at 934m per 100ibs. stock of Carolina is much re- duced, small pare 1 at 173¢m to 18 per 100ibs. Our tobacco market is quiet, and since the sale of 500 bales Brazil leaf at 24s to 2 9-16ths per Ib, no transactions of moment have occurred. Manseinixs—There is a brisk trade going on in-eoffer. ‘We notioe sales of 4400 bags, but prices have not trans- pired. Of Hayti there has been sold for forward deliv- ery, the oargo of the Jeune Nancy, consisting of 2520 bags in several lots at 42 fr the 60 kilo, and 600 dis- ble, at 41 to 42 fr; 1000 Brazil at 40 fr the 60 jo, in Bond, with conditions. We notice 200 hhds raw sugar, dieposable, at 32s the 50 kilo, in bond, with discount and term. Of foreign sugars 281 hhds Porto Riso (sold pri- vately) at 27 to 27 75 the 60 kilo,in bond. Therice mar- ket is calm, the general price is 43 to 49 fr, —The test quiet exists’in trade ge- yr most description of goods oie Carcutta, Deo. 8.---The week succeeding the date oF our last report was one of considerable excitement ccmbined with mueh depression amongst the mercan- tile community, European as well as native, and was succeeded during the past week by comparative quiet- ness andinaction. Since the disastrous intelligence by the mail of the 7th Ootober reached us, nine firms, some of high standing, and hitherto of undoubted credit, have been compelled to stop payments, in consequence chiefly of the failures of their corresponding houses in England, and their inability to meet the e it fein contdently oped, willare long, be placed in 8 po: is confident f ere long, ina sition apesran business. The ocmalng mail has been looked forward to with the mest anxious suspense, a5 some fear that the orisis had not passed, and mavy hope that it will bring accounts of an improved state of com- mercial affairs in the United Kingdom. This question will now, however, be soon put to rest, asthe steamer Haddington has been announced ss having arrived yes- terday, at 4p. m. at Diamond harbor. The pressure of times has extended. in some de , to the native portion of the mercantile community. Credit and confidence have been altogether destroyed, and no transactions take place except for cash.— Business in all its branches has, of course, been extremely dull during the patiod under review. ‘The business done in exports has been limited, and nerally at lower prices, and the market may be described as dull and lagging. Attention has been directed to sugar and saltpetre, and we believe that the absence of tonnage alone has prevented purchases from taking place to a greater extent than has been the case. For some time after the date of our last report, the import market continued in a languid state. An opinion pre- vailed amongst the native dealers, that the recent disas- trous events, and the existing pressure, would have com- pelled sales at reduced prices. Latterly, however, their eyes have been opened to the delusion under which they labor in this respect. anda better disposition has been manifested to transact business at formér rates.— There has, consequently, been a better inquiry for cotton piece geods and mule twist. The {import trade generally is in a very healthy condition.— Exports—Indigo—Although the arrivals from the new | crop are now on the increase, and amount to about 6000 chests, nearly halt of which has been shipped, the mar- ket han not yet opened, all parties seeming disinclined to enter upon general transactions ere the accounts of the London October sales are at hand. We have to re- port the sale by private contract of 100 chests of the K. D Kishnaghbur at 183 per maund for the English market. Also 25 chests W.W., at 116 per maund, to American account for immediate shipment, and some 20 chests Dative to same scoount in atill more limited parcels, of whioh prices have not transpired. By secounts recelv- ed, giving partioulars of the productions of the principal Zil we are inclined to +Bink that the out-turn of the crop is likely to range between 110,000 to 113,000 meonds. To judge from the few of the new as yet come under our notice, we consider the quality pre- rable to the previous year’s produce, less damp, with generous coloring matter, but wanting tess. . Canton, November 27.—Imports—The past month has been one of depression im our im; market, and we have to notice a slight decline in the value of most dssoriptions. Long Cloths have been in very limited demand, and may be quoted rather lower and very diffi. cult of sale. Cotton Yarn has also been difficult of sule, though about 1000 bales have changed hands at low rates. Experts.—Tea—Congou: Our market is entire- ly cleared of the finer desoriptions, and but few ehops cf true Moning remain. About 50 chops are now offering, mostly Chows and the common desoriptions, and about 4s many more are expected down. From 40 to 60 chops have been taken during the past month, at full market rates ; but since the arrival of the mail few transactions have taken place, and there has been littleormo demand. State of Trade. Brapronv.—There is no improvement in wool, no no more being purchased than what is actually required for present consumption; lower prices have, in some cases, been submitted to. In yarns no change for th better bas taken place, or is likely to do so for eome time; the demand is failing, the production decreasing, and prices not maintained. The closed Elbe and Scheldt, and the small sales made to home merchants, cause the business in Pieces to be ona very limited scale, without apy change in prices. Dunpex —There is no change visible in this market. In flax the transactions continue limited; there seems to be a better demand for tow: \d codillas, though at low rates. ‘The heavier sorts of tow yarns are moving off pretty freely; but in the lighter sizes, and in flax yarns, there is still very little doing. Linens, especially the coarser fabrics, arein fair demand, but prices without alteration. Our recent Baltic adviees are of littl portagce. At Riga thesupplies of flax continue ini nificant, in consequence of which sellers were rather | backward in parting with their stocks at the reduced 21,and18, for PDC, DC, and RT. Mancnesten.—The state of trade here is very die. couraging. Though January is always s dull month, it is unusually so this year. This is |partly attributed to continental navigation being suspended and to the ex- isting severity of the weather in this country. There has been very little demand either for goods or yarn, and prices, especially of the latter, have given way more decidedly than heretofore. We have heard of sales of mule yarn (Indie qualities) at 73d. per Ib. for 40's, and @3¢d. for 50's, rates decidedly lower than have been known before in the history of the cotton trade,and at which spinners must sustain losses to which they cannot long continue to submit. OTTINGHAM.—The lace business is in anything but & satisfactory state. The spring trade in hosiery pro- gresses but slowly. In the yarn market another reduo- tion has been experienced. Rocuvare.—A considerable falling off in the demand for flannels. The attendance of buyers rather thin, and bf evinced no eagerness to purchase. aLirax —A gloomy appearance has been maniiested, and very littl: business has been done. The Yarn trade is exceedingly depressed, and there is little doing in Wool. The olig'st advance that was obtained on and deep Wools has now been abandoned, and old rates ‘are submitted to. Hrcxmoxpwixe.—The attendance of buyers at the Blanket Hall bas been thin; the business, consequently; limite nd prices without alteration. Huppererte.p.— Business has maintained the improve- ment ‘of Jast week. There is a steady trade, but n t of that pature to realise profits equal to the risks inouT- red in the present state of our mercantile relations. Leicestex.—We eannot report much improvement. The number of the unempleyed operatives is very con- siderable. Wools and Yarns are considered safe for in- yeatment at present prices. Les. —Extreme caution on the part of manufactu- rersand merchants is@ marked feature in the market. There is an entire lack of speculation. Prices continu: steady, although there is great accumulation of goode, The houses of the foreign trade are more active than they were some time ago, yet neither they nor those of the home market are doing an average business of the season. . Oy Intelligenee. Tur Weatnen.—Tho weather yeaterday was delight- fal, with ali the appearance of a apring Th ter has disappeared, and already th spring may be seen in Broadway. We hi favored, indeed, with a pleasant winter; but what wi be done for want of ice during the coming summer it will be hard toray. From what we can learn, there is not a quarter stock of ice procured, even by the large companies up North River. Fine —A fire broke out about three o'clock yesterday morning, in the grocery store corner of Walnut and Cherry streets, the stock of which was entirely con- eumed. Asornen Fine.—A fire broke out also about three o'clock yesterday morning, in # blacksmith on wheel- wright shop, rear of 166 Eighteenth street, wich, toge- ther with « quantity of tools, was entirely conram 13. Rev. John N. Smith, Roman Catholic pasior of St. Jemes’s Church, In James street, in this city, died yes- terday evening o f bilious fever. The Postmaster General and the Forcign Malis. ¥ To tae Evrtor or tae Herato— Sir—In your anxiety of blaming Mr. Cave Johnson, as Postmaster General, you have copied from ole in the Journal of Commerce @ misstatement of the Post- master General's report, saying, that the company to whom the steamship Washington belongs, have received the large sum of $150,000 for oarrying thi t, the revenues, ps ‘The Postmaster General In his annual report, states, among the additional items of expenditure in his de- pertment for the fiseal year, the Washington at $100,- 000, the Hermann, for 7 months, $53,333 33; but does not state that there sums have boon paid. Justice r quires, thatthe public should not labor under such error, id know, thet thus far, the services of the Washington, have been paid pro rata for each voyage, and that the whole amount for the three voyages per- formed, is only $50,000, When the Hermann enters the line, and both sbips regularly perform their monthly tripe, the amount payable by the Port Office department will be $50,000 quarterly. And when the line is thus fairly in operation, it remains to be seen, whether the revenue earned will not full equal the expenditure, By iueerting this, you will oblige A CONSTANT READER, Naw Yous, 10th Feb. 1048, NEW YORK HERALD. North-west Corner of Palton and Nassau sts, JAMES GORDON BENNETT, PROPRIETOR. DAILY ALRALD—Sovery doy, (Sunday included cents Per copy—$7 2 rer annium—in the United ite uropean subscribers, $14 per annum, to include Hel. Sotwrdeyes% cents sis pernnummin The ‘Onited Mates. Ew preribere, es per annum, fo tnckute the postane- im the French as well as in the English lon. tlhe on es ate th Gailligence id , we tke’ Emerican continent to the latest mo- ment Subscriphions ond aveertigements received bydMcttrs Caittand John thiller, bookseller, Henrietta street, PRESIDENTIAL HERALD—Every Tuesday—One Dollar for the q : ‘ADVERTISEMENTS (new every morning) at reo- meets mile fet rnerete me yf V3 Gof oll Minds ewecuted beautyfully and sith despatch. | Orders received ab the Publication Ofice, cr- MT LETTEHS by matt, for subscriptions, or with advertisements, to be post paid, or the postage will be de- remitted. COLUNTARY CORKESPONDENCE, containing amportant peut, solicited Fripp | quarter of the world "1 WOTICE con be taken of anonymous communice- sated by the: and adérese of the writer ; not nec Pe clo tundertake to rejurmreject ei OAT MENTS to he made in adv = = ; AMUSEMENTS THIS EVENING. Park THEATRE—Sands, Lent & Cos AMERICAN Cyacus,in their various performances. BOWERY THEATRE, Bowery-Doveras—Wiip Oats. CHATHAM THEATRE, Chatham street Assassin or tue Rocxs—Mopet Anti oanp’s Son—Nix THE CanMan. CIRCUS—BOWERY AMPHITHEATRE, Bowery.— Equsstrianiem, Gyavastics, Eruiorian Sinaina, Ke. PALMO’S OPERA HOUSE, Chamtersst.—Mopri Ar- TIST#. ony BROADWAY ODEON, Broadway.—Sinaine, Mopgt Aatists, ke. MECHANICS’ HALL, Broadway, near Broome—Eruto- Pian Sinacina—Bvaw ® Dancina, &e. PANORAMA HALL, Broadway,near Houston st —Ban- wanp’s PawonaMa OF THE Mussiss Brunetti’s Move. oy Ancient JenusaLem—Two Ex- hibitions, at 2and 73¢ o’clock, P. M. TABERNACLE, Brosdway—Sianon Accastno’s Gnanp Concent. ke. New York, Thursday, February 17, 1848, ADVERTISEMENTS received for one inser- ee ani: SS The Electric Telegraph. The intelligence under our telegraphic head to-day, will be found highly interesting, to which we call the reader’s attention. There will be found the proceeings of the Democratic State Convention, which organized yesterday at Utica; the proceedings iniCongress and in the State Le- gislature; market reports, &c., &c., &c. News from Europe. By the arrival of the steamship Hibernia, from Liverpool, we have eight days later intelligence from all parts of Europe. The news, on the whole, is much more favorable than generally anticipated. We did not expect any improve- ment in prices for our principal staples, and have not been disappointed. The corn markets were very inactive, and prices had slightly de- clined; but the variation had been so trifling as to be hardly worth noticing. The accounts re- ceived in relation to breadstufis generally, in- duce us to believe that the European demand for our surplus willbe extremely limited. Cot- ton was up an eighth of a penny per pound, with moderate sales—the inactivity in the manufac- turing districts not warranting any important improvement in that staple. Quotatiens for pro- visions remain about the same as previously re- ported, with a very moderate amount of business doing. The state of the money market is the most im- portant feature of the news, and that is such as to give the greatest encouragement. In- activity in the produce market, for a time, is rather desirable than otherwise, asit is indi- cative of a more healthy and permanent reco- very than though an immediate inflation in prices took place. As money becomes plenty and confidence re-established, there will bea steady improvement in all the departments of trade. The Bank of England had on hand more than thirteen millions sterling of bullion; the rate of interest had been reduced to four per cent, and out of door, the rate ruled as low as three per cent. With these elements of pros- perity, there must soon be life and activity in commercial circles; and it is our impression the next steamer will bring accounts much more favorable than those received by the Hi- bernia. The only political news of any importance, is the insurrection in Jtaly and Sicily. here appears to be an outbreak in that quarter, which will take a-long time to subdue. Full particu- lars of the most important movements in the old world, will be found in this day’s paper, in- cluding our correspondence from the principal cities of Europe. Tue Recent Tayior Mgetina In THE Bow- rR¥.—The disturbance which attended the Tay- lor meeting held at Military Hall, in the Bowery, has caused a great deal of conversation, and many sage remarks in political circles. Some expreas the opinion that it is an evidence of the unpopularity of the movement, and of the indis- position of the people of New York to sustain the claims of General Taylor. Others draw en- tirely opposite conclusions. Our own opinion in this matter’ soon express. ed. We have every reason to believe, from what we have heard of the mate r.als composing that meeting, that the disturbance was created by the efforts of the two organized parties, in order to put down any distinct and independent nomination of any great man, from any quarter. Hitherto the popular feeling of this city has been divided between the two great organised factiona—the whigs and the democrats. Any at- tempt of any other party to take hold of apublic man, and organize themselves in his fa- vor, with a prospect of success, will always meet with great opposition from the two great factions. The disturbing materials which flocked to the recent meeting, were partly drawn from both the friends of Gen. Taylor and those against him, among the locofocos. Even the Wall street committee, who have declared in favor of General Taylor, were well known to be opposed to the recent meeting, and to have probably taken every means in their power se- cretly to create the disturbance in question, and add to the general feeling of the Clay men and the locofocos. No matter for this disturbance; Gen. Taylor, according to all appearances, will produce more trials and troubles among the politicians, before the Presidential election shall have closed. Heretofore, it has been the custem of both of the great factions to prevent any dis- cussion of the merits of the various can- didates, before the meeting of their conven- tions, thus shackling the press, and independent opinion,in every quarter, then demanding, when the nominations were made, implicit obedience to their behests. It very evident now, that this mode of action isin its wane. The sponta- neous movements in favor of General Taylor, throughout the country, have broken up the shackling system, and we now see in this city, in both parties, meetings called by the friends of the candidates of each of the factions, to express their preferences, and to declare their convic- tions, openly and before the people. We have had two meetings in favor of General Taylor in this city ; several meetings for him have been held in the interior of the Siate, There is @ great meeting tonight of the friends of Henry Clay and we shall give a full account of that, as we have done of all the other meetings. We shall do the same of the Taylor meeting on the twen- ty-second of this month. All these open and above-board efforts to ascertain the opinion of the people, to discuss openly the merits of the coin, are most favorable symptoms of the progress of civilization and independence of miod which mark the present age, and they ought to be hailed with delight and satisfaction by all but the mere tyrants of opinion, or those who endeavor to choke public sentiment. Tue Recent News yrom Mxxico.—There is little prospect of peace with Mexico. Santa An- na has been silenced; but it ia like the razor strop man, who had always a few left for sale. There are always a few of the same sort ot San- ta Annas left in Mexico. Bustamente has made a pronunciamento from San Luis de Potosi, de- nouncing the government of Queretaro, and breathing vengeance against North America.— A treaty can’t be made with that people. No- thing will do but the absorption—the occupation —the annexation to the Yankee government, ot the whole republic. We have Mex- ico, and can retain it. In fact, we cannot get rid of her. This is the opinion of every general and military man who served in the campaign, from Vera Cruz to the capital. Tux Sreamsuiy Wasuineron.—This steamer, under command of Capt. Johnston, will sail at 8 o’clock on Sunday morning, for Southampton and Bremen. The Weekly Herald for Europe, may be had at the counter on Saturday, in wrap- pers, ready to mail. The letter bags will close at the Post Office, at6 o’clock on Saturday even- ing. ey Navau.—The U. S. streamer Princeton, Capt. Engle, was at Malta January 6, having arrived that day from Milo. ‘Theatrical and Musical. Parx Turatre.—The same success that they have met with from the commencement of their performan- ces here this season, attends Sands, Lent & Co’s Circus to the last, as yesterday evening the house was as ful) ‘as ever, and all hands were as pleased as +, with the various scenes in the ring, oddities of the clown and the almost human intelligence of Cinderella, the ponies, &o. The circus,when comtuteed as Sands,Lent & Co, dotheirs will always be a favorite amusement with the pubiio, and itis undoubtedly one of the most pleasing and interest- ing kinds of exhibition. They remain with us but a few nights more. Gardner, cne ofthe comic trio who have by their wit enlivened the performances this season, will take his benefit to-morrow evening It willno doubt ‘be a good one. TELEGRAPHIC INTELLIGENCE. — ‘The Second Democratic State Convention. Utica, Feb. 16, 1848. The convention met at 12 M.; 97 delegates in attendance. Abraham Bockee, of Dutches, tem- porary President; Daniel H. Tompkins, Secre- tary. A committee was appointed to prepare an address—Messrs. Van Buren, Robinson, Floyd, Hurlbut, Mann, Tuttle, Crocker, Sherman. Committee on resolutions—Messrs. Doolittle, Waterbury, Denniston, Beckwith, Storm, Gould, Cowen, Medbury. Committee of Organization— Messrs. McMahon, Saxton, Smith, Thomas, Heaton, Taylor, Campbell, Farrington. The organization was completed, and the Conven- tion adjourned till half past 2 P. M. The 1 o’clock tram has arrived, bringing a dozen more delegates. The Convention, oa assembling in the after- noon, elected John Tracy, of Chenango, Presi- dent, with eight Vice Presidents, and four Sec- retaries. One hundred delegates were present. The committee on resolutions presented two, which, after a fierce and bitter struggle, in which it was seen that the delegates'were diametrical- ly opposed, were passed in the following form:— Resolved, That the delegates from. this State, to the ‘ational Convention, should be selected by general ti in accordance with the of the democracy of tl ‘upon fall and deliberate examination, as well as with the general practice of the democracy of other States. Resolved, That the Chair int @ committee of one jonal to the Con- | ‘legates to the National Convention; also, an alternate to each delegate. The Convention then adjourned to the Metho- dist church, because the court room was found to be too small to hold all present this evening. The President reported the committees men- tioned in the above resolution. John Van Buren reported an address to the Convention, which he was reeding when this despatch closed. The nomination of General Taylor for Presi- dent, and Senator Dix, for Vice President of the United States, is certain. Native American Meeting. Prrrssura, Feb. 16, 1848. There was a call last night for a Native Ame- rican meeting, but it proved a total failure.— There were not over thirty persons present, and hey dispersed without organi zing. Accident to the Ship Quebec. Cmar.eston, Feb. 16, 1848. jot, to r Bowsry Twearae. ~The Gamester” was repeated. here last evening, before a very crowded house; Mrey Shaw playing the part of Mrs. Beverly, to Mr. Barry’s Beverly. The many touching passages in this deep and beautiful tragedy, as introduced and performed by Mrs. 8. were given with a highly wrought and graphic power, which stamps her as an actress of exalted merit, and fally sustained the acknowledged reputation she enjoys upon our boards. There are few pieces, in this line of aoting, better calculated te draw out the higher qual of the actress; and in the closing ccene, whe: takes a final leave with her husband, Beverly, (B: ) when the fatal draught has taken effect, and he dies, her ago- ny and grief were portrayed with a deep and touching et; and looking the living embodiment of despair, ‘seemed to make a deep impression upon the sudi- Mr. Beverly was a pret. piece of acting, and was ably perform Mr. Clar! Stukely was also well sustained ; throughout glass” will be presented thisevening, in which Mrs. Shaw performs the character of Lady Randolph. comedy ef “ Wild Oate’* will also be introduced. bill, it will therefore be perceived, is highly attractive, and a bumper house will be present to witness the per- formance. Cuatuam Tuxarar.—Notwithstanding the many places of public amusement Tow open in the city, there is nightly a full house at the Chatham; and it is no wonder, when such actresses as the Misses Denin, and such a host of fun as Mr. Winans makes, are the attrac- tions. The Misses D. are the mest astonishiug children weever saw. They take hold of no part whict is not sus- tained in a manuer that would reflect credit upon the most mature of es Last night the perform- ance commenced with the beautiful play of “ The Hun- ter ofthe Alps,” in which Mr. Hield, in his usual first rate style, sustained the cbaracter of Felix; and Miss S. Denin that of Florio. The piece passed off as wall and with as much applause as if it bad been played by the best performers of Drury Lane. The “Young Scamp” was next played, in which Mr. Vary took the part of Ar- thur, and Miss Hildreth that of Elizs. The piece was layed in excellent style, and Mr. V. and Miss H. won For themselves the unbouaded approbation of the whole house. Next came on the Model Artists, in their beau- tifal tableaux vivants, and were received with as much applause as the first night ed eee re themselves. ‘he performance wound up with the “ New York Mil- liners,” Mr. Winans as Simon Sparks. Winansis on hand, and old Chatham is alive with fun, and it is only necessary to see him, in his comical and odd a to make one almost split his sides with laughter. \° ergetioc proprietor spares neither pains nor expense to make the Chatham one of the most agreeable places of amusement in the city, and the public appreciate his efforts, for every night the house ‘ral, at is esure rere for a first rate performance, which is scarce over ¢ Mr. W. and the Misses D. are called before the curtain, to receive a still further demonstration of the entire satisfaction of the audience. Cincus, Bowery AmrmitHeatae.—The great variety of entertainments mted here, and the well establish- ed reputation of the performers, make this house quite ® popular rendezvous for pleasure seekers. The postur- ing. Verlag | and equestrianism, by the company, oon- cert by the Ethiopian Harmoniste, and the jokes of Wil- liams and Welle, the Clowns, make up quite an amusing evening’s entertainment. Patmo’s Or: Hovsr —The Model Artists at this House give some beautiful tableaux every evening. Th beauty and grace of most of the ers e the greatest advantage. Officer John direction the police department he polite and atten- venin, roupes show to the avis, under whose of the house is, and Mr. Gourgas, t! tive door-keeper, take a benefit to-morrow 8. ‘We hope their friends will take oocasion to patronize them, and give them s substantial benefit. ince John jearn, there will be a large and fashionable audience. here will be many ladies present. Cunisty’s Minetrecs and harmonious voices have be- come synonymous terms. They still pursue their tri- umphant career, and will continue it for a length of time, we dare.say; as when the public have found a ace of amusement, they do not drop it in a hurry. we 7T The Cowbellogians form a prominent feature in to- night's bill. for full houses, we need only sey they always have them. Ba ray Opxon.—The success of the Odeon is very great; and as Greely brings forward quite a variety of singing, ko., besides fifteen new tableaux every evening, his visiters are never wearied by seeing the same thing over and over again. Niesse and his oe on nine instruments at the same time, most ourious and astonishing piece of musical ecoentricity. Siaxon Srinerro end his hundred little charmers are delighting every one who goes to see them. We do not believe that so much “Intelligence and docility has ever been displayed by canary birds before the | momen ‘and perseverance which their education must ave required, no one can form an adequate idea of it. There are two performances every day at the Society Library—vis: at 3 and 7 P.M On Monday, by ths by, the 73¢ o’clook exhibition is omitted, asthe room is then used for other purpos“s. We recommend all to visit this very amusing and novel troupe.of little performers. Baunetti’s Move. or Ancient Jeevearem.—This besutifal work is the admiration of al: who visit it. We have on previous occasions noticed it ful out the peculiar interest connected witl specimen of antiquarian and biblical researc! heads of families ought especially to take their young folka to see it, thus give them a correct idea of the Holy City. Stonon Accastno’s concert at the Tabernacle this evening, will be quite a musical treat. ‘I'he Signor him- self hasan established European reputation as a per- former on the flute and piano, and will, from all we hear of him, fully sustain it 6. He will be assisted thi evening by Miss Northall, Miss Brienti, and Mr. M vers, all ofwhom are well known to the public of New York. They will sing many beautiful pieces, selected from the operas of “ Otello,” “ Lucia di Lammermoor,” “ Der Freischutz,”’ ‘Fra Diavolo,” &o ; and Signer Ac- castro himself will perform a grand faniasia and « grand concerted piece—the last on the flute and piano, at the same ti ‘As the fall orchestra of the Italien Opera, under the direction of Signor Rapetti and Mr. Loder, will perform the instrumental part of the concert, there- fore that will be all that can be desired. Brunswick's Statuary is visited by numbers, who all express their pleasure at these beautiful copies of ned and Venus de Medici. They are well worth visiting. Law Intelligence. Scrneme Court or tae Uniten States, February plaintif’ in error, this oause was con. 36, C. MoMioken, plaintiff in error, vs. Amos Webb et al, Thea nt of this cause was commenced by Mr. Coxe, for the plaintiff in error, and continued by Mr. Jones, for the defendants in error. Count Cavenpan—This 'Day—Circuit Court—2, 16, 18, 19, 21,23, 24, 26, 26,27, 28, 99, 31, 83,82, 34, 36, 86, 37, 88. Superior Court—64, 12, 82,73, 17,19, 77, 78, 80, 2, 67, 75, 43, 68, 69, 14, 99, 20, 81, 82 Surneme Courr or tae Unite States, Feb. 14 — No. 16 Robert Marshall, sppellant ve Susan G. Beall ‘This cause wasargued by Mr. Coxe for the appellant, and oy Mr. Jones tor the eppelleo, No 30. J D Bowling plaintiff in error, ys JP. Harrison. ‘Lhe argument of this cause was commenced by Gen. Jones for the plain- tiff in error, and continued by Mr, Crittenden for the defendant in error. Th ited States arrived at Cleveland, from Burtalcr‘on the oth inst. Sha started for Detroit on the allowigg dey, but wee obliged to put beck on seccunt will have something rich for his friends; and, from what | The ship Quebec, of New York, got ashore on the Florida Reets, and threw overbeard part of her cargo, and then got off, and sailed for New Orleans on the 26th January THIRTIETH CONGRESS. FIRST SESSION. ‘Wasminaton, Feb, 16, 1848, Senate. PETITION FROM NEW YORK MERCHANTS, Among the petitions presented, was one by Mr. Dix» from merchants of New York, praying to be released from the payment of the duty on goods destroyed by the fire in 1846. TEN REOIMENTS. A resolution was offered, proposing to appoint ten regiments at large, which was referred. PRIVATE BILLS AND REPORTS. A number of private bills were acted upon; anda few reports from committees, of no general interest, were made. A VOTE OF THANKS TO GENERALS SCOTT AND TAYLOR. ‘The House resolutions, proposing thanks to General Scott,were then taken up, read a third time, and passed , by 46 yeas to 1 nay—Mr. Hale, of New Hampshire. The resolutions from the House, thanking General ‘Taylor and men, were then taken up, when Mr. Hale moved to strike out the latter part of the resolution, as falsomely designating victories which he, in a previous speech, had denounced as dangerous in theory. He could not grant means to prosecute the war. Mr Carttenpen rose and spoke in reference to the re- marks made by the Senator from New Hampshire. He contended that the approbation of the conduct of offf- cers did not imply an approbation of the war. Mr. Have responded, defending himself strongly, on the ground that his constituents were opposed to the war. Mr. Foore spoke in very strong terms, denunoiatory of Mr. Hale and the liberty party, snd read long ¢: tractsfrom pamphlets circulated in New England by Mr. Wright, which were against the war, and which he alleged were circulated under sanction of the whigs. He charged the opposition with protracting the war and aid_ ing Mexioo, He said General Marshall had written a letter, by which the Mexicans were greatly encouraged to expeot @ pronunciamento in their favor in the United States. Mr. Crittenpen vindicated the whigs,/and defended freedom of discussion. He apntended, that jaftera law was made by the majority, it was the duty of all to unite in its execution. Jerrenson Davis declined descending into party strife, but felt bound to follow the dictates of patriotism and ot duty, and went for passing the vote of thanks, which; on motion, as amended, was carried. The order of the dsy—the Ten Regiment bill—was postponed. The Senate then went into executive session, and then adjourned. House of Representatives THE LOAN BILL, Mr. Evans, of Maryland, offered @ resolution to re- consider the former resolution, that debate shall termi- nate on Thursday, 29th inst. Vote taken on question to reconsider. Ayes 93, noes 95. The House then went into Committee of the Whole, and the debate of the bill was resumed by Mr. Moor- head, of Kentucky. Mr. Pourock, of Pa.. spoke in favor of « direct loan, in preference to any farther issue of treasury notes. Two o’cleck, the time for closing the debate," having arrived, Mr. Vinton, of Ohio, closed the debate, being allowed to do so by a new rule of the House. A vote was then taken to strike out eighteen millions, and substitute sixteen millions. On reading the first section of the bill, Mr. Hatt, of Mass., proposed an amendment, that no portion of the money granted should hereafter be ex- pended in the prosecution of the A vote was taken on this motion—ayes 23, noes 118. TRA AND COFFEE, The tea and coffee question was then brought up, but decided out of order. THANKS TO THE NAvAL oFFtc: Mr. Howmes, of South Carolina, asked the unanimous consent of the House for a vote of thanks to the neval officers engaged in the Mexican war. Adjourned. NEW YORK LEGISLATURE. Senate, Ausany, Feb, 16, 1848. EMIGRANTS. Mr. Buncn reported in favor of the bill relative to emigrant, WASHINGTON MONUMENT ASSOCIATION, Mr. Litre reported against a petition for # donation (o the Washington Monument Association. CHARITABLE AND BENEVOLENT ASSOCIATION, ‘The bill for the formation of charitable and benevolent associations, was reported complete, with amendments. Report laid om the = « The General Bridge bill was ordered toa third read. ing. TROY AND GREENBUSH RAILROAD ‘The bill to amend the charter of the Troy and Green- bush Railway Association, was passed. vaURY LAW Petitions were presented from the city of New York for the repeal of the usury laws. OFFICE OF THE RECEIVER OF TAXKS” A petition was also received from the citizens of New York to have an alteration made in the office of the re- ooiver of taxes. OWARITABLE soctETiES, ko. ke. The amendments to tho bill for the formation of Char_ itable Sooleties; to prevent the formation of immoral or irreligious associations; and to improve the personal lie, bility clause, were severally taten up and debated. ASSRSIMENTS. Mr. Avams, from the Jadiciary Committee, moved that an Inquiry be made into the «expediency of amend- ing the Jaw relative to assenssors, 10 an to require per, eons subject to taxation, to present 4 stetement under ath (0 the assessors, of thsit reql 0nd personal property

Other pages from this issue: