The New York Herald Newspaper, December 12, 1851, Page 2

Commercial Intercourse between the United States and the British North American Provinces, Wasuixeton, Dec. 9, 1851. INTERESTING OFFICIAL DOCUMENTS. ‘In the Preeicent’s message ar allusion is made to the overtures for & convention upon the subject of reciprocal trade between the United States and Cansda, which have been received from the British Minister here. As the subject is one of importance, J have procured, with some difficulty, copies ef the oorrespondence alluded to, and which | forward to the Hara in advance of their publication. The delay upen the part of Congress to act in the matter of “reciprocal trade” rendered the Ca- Dadian suthorities somewhat restive, and, accerd- ingly, the attempt was made to get up &@ conven- tion with Mr. Webster, by which the necessity of going before Congress would be obviated. The Pritish Minister and the Canadian authorities seem 40 bave overlocked the fact that the Senate has & yisory power over all treaties, and that it re- ¥ sree thd concurrence ef two-thirds of ite members order to ratify a treaty—wheress, a bare majo- rity is eufficient to pases bill. And the House of Representativer, if oypenee, strongly to & measure, oman always make itself felt, even if the “Devil ‘wae whipt around the stump,” by patti the matter into the shape of aconvention. The President has declined the overtures, and turned the matter over «© the attention of Congress, where it legitimately belonge ; and if our Canadian friends will only keep cool, and not get excited, they may yes succeed in Ometbing done. — 8 f Leeation, March —, 1851. Sun :—] hav honor to enclose to you here- with the copy ofa letter which was ad to the ebsirman of the Committee on Commerse the i Mr. Hincke (the fuential member of the Canadian Cabinet), when he visited this capital, in Decemberiast. T in question refers, as you will see, & i ions to be eetablished betw e British North American ped that Congress wi footin, f Bel tee Wi i A deeme feeling and policy ofthe Provinces, ifthe expectations then existing ig now my painful duty te a Bounce to you, m the infermation | ha ewived from the quarters above 1d to, dis setisiection that has been produced throughout British North America, since it bas been known that no bill has parsed the United States Legisla- replying to the +8 disposition which has long been manifested by the British Provinces in North America, to improve their commercial rela- ‘sione with the United States, is deep and general. The Canadians ecepecialy consider that their spplcstion for aninterehange of agricultural pro- ducie bas failed of success, beeause they have gene- recsly, and without stipulations, conceded many commercial advantages wh’ was in their to bestow, cpon the trade of 1 seem +0 believe that their only mode, at ebtamming adequase attention, is to selves in the situation im which they were previous to making the aforesaid concessions. For many reasons | ceem it desi ae soon as possible, this feeling, if owe, {rom gaining ground. bave aiso had my attention necessarily drawn 40 the two enclosed resolutions by the Senate previous to the dissolution of Congrese, which reso- vations, | am told by Jemen well calculated to form an opinion, wo: bave been adopted by ibe Houre of Repreeentativer, if proposed to that tu resent, of to prevent, is a mistaken Eo 1 with, therefore, to know whether you would be disposed to enter with me into a negotiation, em- bracin onsideration of the various commercial ecvantages affecting tbe trade and intercourse with ‘the Pritieh North American Provinces, which have | been and could be extended by the British govern- ment, and by the British North American Pro- Vincee themselves to the United tes, and also with reepect to the advanta kind which oeuld be conferred by the United States on the Provinces, to the end that such a convention, touch- ing there matters, may be drawn up between us, as | would be agreeable to beth governments, and bene- fica) to aL parties. J ave myself of thie opportuni: ibe seruracces of my highest consid H. L. Burwer. Hovcrutie Daniel Webster, &o , &e., &e wat HOTEL, s, J@nuary 6, 1551 tine tbe @: Whieb bas been repe eideration of Congr free trave ip certan of the United States and Cansds. as urged by the wetter. To oring the subject under consideration, J mort sdvert to the changes which have taken last few years in the colonial po- sey The old policy of the mo- uber country was to compel the colonies, by means rential duties, to purchase their cup from her. e passage of the bill, rought before the con- pe carried procects ef the colonies were admitte: she marke: by the mother country on more ecvantagecut terms than cf foreign nations, while such was the commercial Britain, the political affairs of the moteriaily influenced by the imperial ne yor | tbe local parliament — practical contro! pT I gp apg pone bay og the same ri |, Owing to the iD commer: Eat policy of © Britain, it became nece--ary te remove a.) restri ~ on the colonial trade, s most iKetarioan proviness, by thalairodustion of sayciem American , by jon of a rT of nt under which the local parliament obtained an effective control over their govern- The consequence of ~ withdra' the en. uhat they have beenlets to markets of the world, just es the sny other foreign nation. \nder tem, the differential duties were #0 arade between the United States was of most limited and unimpertant character Is46 the Canadian beving teen authorizved by an act the 1 Parliament to their own tariff, and anxious to cultivate a free commercial inter- foreign luxuries merchants on the Atlantic seaboard, with what he | wer country; and they | y to renew to you | Lawrence direct, or via her poy a China direct, or via London, and that she con umed Sage mani - most exclusively, then [ would ask, cbange in the trade, owing to which Canada i trade, owing to wi is largely supplied with these ‘es manufacturers and the ne poy of le- mand in the Ui farmer were to bring a thousand bushels of wheat to On the contrary, in proportion to the namber of such srebenges would the profits of the merchants and forw: rs be reduced—a large trade be conducted more economically & emall one. am persuaded, therefore, that the exchange of Canadian agricultural products for domestic manu- factures, sugar, tea, coffee, tobacco, fruits, &c , 80 far from being injurious to the interests of the West- ern farmers of the United States, ie rather caleu- lated to benefit them; and I em, moreover, firmly persuaded, that should the Canadian trade be forced into other channels, ag seeme not improbable, it will then be estimated at ite true value, by the people of the United States. Though | have deemed it advisable to discuss this question as ifthe United Siates had no surplus of breadstuffs to export, | think the more correct as- sumption would be, that for many years the west- ern wheat growers wil! have to compete with Cana- da in the markets of the world, onequal, and possibly on dieadvantageous terms. A reference to official documents wit prove that the provinces of Nova Scotia, New Brunswick, Prince Edward’s Jeland, and Newfoundland, have been amongst the beet ous tomers of the United States for breadstuffs. In these provinces there sre revenue duties om flour, + varying from 25 cents to 75 cente per barrel. With- | in the lest year, arrangements have been effected by Canada with three of those provinces for a free justions; and a very largo trade will be directed to the city of New York, unless the present nsberemoved. At the very opening of the navigation last year, s steamer was chartered at Toronto to take a cargo of flour to Ha- | lifax, and to bring back sugar, mi » &e. The pretection in favor of Canada flour, wheasent by the St Lawrence to Halifax, St. Johns, and other inces sand it x per lieve that those provinces orte, mus: direct the supply of those | from New York to Montreal ot | the vessels which take the flour bring back | sugar, molarsee, and other foreign commodities, | which, during the last few years have been pur- | chased inthe New York markets. Underthe existing commercial regulations, therefore, the United States wheat growers will have to compete with the Cana- | dians on terms disadvantageous to the former ia a | warket whieh is next in importance and equal to | Erazil. in the other markets of the world both will | mee: on an equal footing. Canada fleur is at tais | time competing in the New York market with that of the Western States, tosupply the foreign demand which re; tes the price of the icle ; andit would be injurious to American interests to force the | trade which is now carried on with the Atlantic | cities into the channel of the St. Lawrence. , itis assumed, and,ss perhaps it may turn out, | unfortunately assumed, by the opponents of the reciprocity bill, that, in the event of the bill bein; | rejected by the American be ded Canada wi maintain her present commerei nue to foster the import trade States. It is very desirable that you should be fully aware of the state of public pee in Canada on this question. Having wyself been a strong advo cate for free commercial intereourse with the | United States, and, having had, in my position as ! ce ter, to resist in Parliament the advo- cates ofa restrictive pclicy, | am thoroughly ac- | quainted with the views of all I have no paper stating tg nomena of ord | liate: licy are rapi aining greund. e- | ther al ie any of the plans ragged will be car- ried out, it is, of course, impossible for me to say; but it is certainly highly desirable that, in arriving at @ very important decision, you should be fully | aware 0: be adh vty ed consequences. The re-im- | position of the differential duties against the Tnited Statee manufactures has been strongly | urged. Such a measure would be most acceptable | to the commercial interests of Montreal (Que- | bec, whose trade was seriously injured by their repeal. At the close of the last session of our Par- | Nament, an influential member ef the epposition, a gentleman who held under the former adminis- tration the efice which I have now the honor to * gave notice of his intention to introduce « ui | wie and econti- ‘om the United during the next session, to re impose there duties. Leading organs of the opposition have strongly advocated such @ measure, no doubt can be ente: that it will a the consideration of the parliament at an early day. Should it be adopted, the Unived ~tates would bave no justcauseo! complaint. They never invited Canada to repeal the defferential duties, and their rejection of the reciprocity bill would, of course, be Jooked upon as a berate rejection of the Canada trade. In England, the reimposition by Canada would be viewed and there ean be no doubt that the effect be to stimulate the efforts of those whe are seeking to obtain some modification of the present corn laws. An: neasure of retalia- tien Whi B Seatnaing © ¢ e attention in Ca ame ee : are <a canals to American 5 licy be @ most se- rious injury would be inflicted on the trade of Chi- cago, Cleve! and other lake ports, Oswego, reet, Burlington, hall, lew Yor! Northern canal. The Canadian revenue derived from tolls would, of course, suffer; but as that forms ap PT ion of the resources of the vince, loss weal cause no inconvenience. bt edto the St. Lawrenee; and that the ontire inland trade would be in British bottoms. It is affirmed of Capada, with could by influential parties in Cana- of the rejectiot of te eaiprocty bilby Congre. the ction . I san however, unauthorized to announce the views of the Canadian government; indeed, its bas not yet been on. edivgs in. Congress ng, the recipe city 0 “on, re it; ill; and oy object in vi E Wi this bp to ascertain, if with the"Cniced States. h I have probably already your patience, | must make penne yo the im- to the United States of the nay e St ——. pelea ty Cy ee opponents of t. D> 5 tity of Conads flour ie seat © s = « ist Pi y ‘ i = = 3 Wasnino ton, March in— By the direction of the Secretary l have the honor to acknowledge the rece two letters which you, yesterday, addre: te him, relating te the commercial regulations to be esta- blisbed between the United Scaces and the British North American provinces; and to eee ee ia reply. that they will be forthwith subm Prendent, with the view of obtaining his directions upon the sabject at the earliest convenient day. I bave the honor to be, sir, with high ware ae re ) A ’ Deasice Chief Clerk. | Right hoop Sip Meio Dplwgne commodities by | New York, to be exchanged for Coat do- | — ods La deg manatee: mpeihanh euf- r m the com a Canadian | tog = eal to ppg it exchange. BY TELEGRAPH, betd of Sa Mares Te ceneers | THREE DAYS LATER FROM ERO n- ee es mana that whate ad | | “EccimedeintbetilewstaltelSeortrags or ARRIVAL OP THR NIAGARA, AT HALIPA. ward for three years successi roca: a to the measures which the Cansdian Logs Wery Interesting from France. | lature in 15. and whi $e La’ ere he. Mies, dee uniry ha ——- | Bissode < ob e the Federal isture of the | Bavivax Tereonarn oa} | United States should @ measure similarly December 10, 1861. mitting into the U States produce | The Royal Mail steamship Nisgara, Captain Stone, | of the Cansdas. d ‘was th? | vrcught Liverpool dates to the 26th ult. | greater, inasmuch as the government bas ‘The Crisis in France. | always the most liberal commercial policy the 7. | with respect to the United States, ac well in regar: engrossing topic throughout Europe is the ap- to the transit through its c: ‘as inregard to the | prsehing crisis of affairsin France. The Assembly, de- ion of mant ed coming from this | spite the recent successes of the unmietakeable populari- country. Of the President, seem resolved to ke him into | Thate now the nanan to inetaa n: yon the coe Srisaing oma ates tas tabea by tines commu! ation, re Governor General, Elgin, by which | arty ie evidently watched with intense interest by the | ou will perceive, that unless Iocan hold out some | other countries of Europe. | hopes that » policy will be adopted inthe U. States | On Tuesday, the 26th of November, the President deli- similar to that which has been ited in Canada, | yered, in the Cirque National des Champs Elysees, | and which the Canadian authorities would be wil- | crosses aud medals to the successful exhibitors in the > Ly settee ante i London exhibition, and delivered & speech on the occa- lature, aro’ forthwith to take certain mea- | sion, which was likely to make him popular with the moderate republican party. The speech was the first he hed uttered in which any mention was made of the re- publie. The consequence was, that many who were de- voted to the views of General Cavaignac had declared | sures, eit ha in Shemeeives sad, their sonee uence, fect a erable change in commercial intercourse between the Canvass and the United States. 1 should sce with great regret ppm of such , and I am induced Sreihee seme nrepert lea Eneeleras as the-caly mene to hope, from the conversations which I have re- As extraordinary article of credible length had ap- cently had with + they will be unnecessary. in the Paris Journal Le Constituti wherein a The wish of Her sty’e government, indeed, ct attack wae made upon some of the names would be rather to improve ‘fan impair all rela | in Framce—sueh as General Changarnier, M. Berryer, tions of and good neighborhood between | snd others, who were charged with being members of the Ber Majonyammerte easandthoUsited | Sorcument, Zhevsean of toe uric onme tote a, State 1 fee} myself authorized to repeat to | Teted agaiust the Orleanist and legitimist party, and yor , What Ihave at different times already stated to Mr. Clayton and yourself, viz: That Her Majesty’s government would see, with pleasure, bever did a newspaper article produce so much excite: mert. It even led to interpolations being addressed to the ministerin the Assembly. apy arrangements, either by treaty or by legisla- | The Constitutional i# believed to be in the interest of tion, estadli ‘@ free interchange of all natura! | government, amd the ministry wane suypowe to be aware productions, not only between Canada and the Uni- = nd Lape mn my not to have atit. Hencethe ted States, but between the United States aud all Her Majesty’s North American Provinces; and furthermore, I am willing to say, thatin the event of such an arrangement, Her Msjesty’s govern- ment would be ready to open to American shipping the waters of the River St. Lawrence, with the canals adjoining, according to the terms of a letter which | addressed to Mr. Clayton, on the 27th March, 1850, for the information of the Committee on Commerce in the House of Representatives, and to which I take the liberty of referring you. I may add that Her Majesty’s governmont would, It was generally believed that the demand for urgency With respect toa bill on the subject of the responsibility of the President, will be refused by the Assembly. The French funds bad risen to 91 f. 66c., and the feeling of the Bourse seemed quite buoyant. It was reported that the Pouitebie Assuxance Com- pany at Paris was to be wound up. Letters from Toulouse state that Marshal Soult was £0 much recovered as to leave his bed. England. Two firms in Liverpool connected with the American trade, have failed—trey are Messrs Pryde & Jones and in this case, be likewise willing to open to American | Harnden & Co. The liabilities of the latter are estimated fishermen the fisheries shoe thargoam of Neve Pp ee ye ona sera £12000 of which eonsiete Scotia and New Brunswitk, according to the con- alae wen to he low Yor! me ditions specified in the inclosed extract, from in- | Cbjef in Ireland, in the pia ir Edw Cemmapiee Blakeney. structions with which I am furnished. Ramabay, the Li Court Judge, bas been removed, His successor is Mr. Pollock. The willingness to grant to American citizens, on such reasonable conditions, two important privi- Among the few attractions of this season were Julian’s Teges, £0 lon, concerts at Drury Lane Theatre, which were es popular aie exclusively by the subjects of Great Britain, will testify clearly to the epirit by which the British government is, on this ocoasion, animated; and as affairs have now arrived at that crisis in which a frank explanation of the views of es in former seasons. The theatre was crowded, and he will close the concerts by @ tal masque in the middle cf December. The New Franklin Searching Expedition, Lieut. Pim, of the British Navy. in company with a either party is necessary for the interesta and right | cabinet messenger, arrived at Bet for Siberia beer A ana of both, I take the liberty of bog- | on Sunday, November 23. Me wea teen ur bee you to me whether you are dispose Humboldt to the King, who gave him letters to the Em- peror of Russia, who will, no doubt, cause him to receive a im the search for the long loet Sir John Frank- | a. Spain. Outhe 22d November, Narvaez took his seat in the Benate, end explained the reason which induced him to separate himself from the government of her Majesty, in consequence of the absence of the King of Prure: the funeral of the late King of Hanover. on the part of the United States, to enter iato such ® convention as will the commercial relations between the Uni States and Her Majesty's North American eolonies on the footing which | have here propored; or whether, in the evente of there ea crnig ye Ape any objections to proceed by con- vention in this matter, you can assure me that the United States government will take the earlies: op- portunity of urgently ener Vaee to Russia. ro We the object aforesaid, by means of It wes eupposed that the Ruseian Chambers would be Jegie cn. opened by commission; no new taxes were deemed ne- avi coseary, but an increase of the army indispensable. ‘ail myself of this opportunity to renew to you the ageurance of my highest pong Ba. The Austrian Tariff, | H. L. Burwer. | ‘The new Austrien tariff is to come into eperatien co (Copy.) the Ist of February. Govgernugnt Hovss, The New Hanoverian Ministry. 1 Toxonto, June 7. 1851. ‘The Henover Gasette of the po bony the accept, Sim—] have the boner to transmit, for your Ex- | ance by e » of the resigna’ Mun- cellency’s information, the copy of memorandum | chausen cabinet. The ‘Dew ministry consists of M, Scheele, President of the Council and Minister for Fo- — Affairs; Major Debacmeisier, Minister of Justice; and M. D. Carrier, Minister of the Inierior. The Cham. | bers were to be convoked on December 3, but were ii to be then prorogued. The Markets. and accompanying documents, which hag been sub- mitted to m the Hon. Mr. Hincks, Inspector General of Public Accounts in this Province, on a bject of = poy See a to foreign vessels. You are, ve, aware that are rueh as that recommended by Mr pared, at th in ‘mort Padis- |, at the wo ment with a adeed p ie cur commer: | a measure, Hincke, has been for some time contemplated by | .,Money continued sbundant. ao a the Canedian government. ¢ ‘There bas been an inereage of bullion therein of 424.650 Thave been most unwilling to have recourse to | pogiish tunde were firm. Pi or less, were in. it, more particularly after the representations made | vesting in Australian Console $855 by the gentlemen from Oswego, who visited this | to °; at the opening, with eling on the morn- city come time ago. ing of the eteamer's e railway share mar. The discustion which took place inthe Legislative | ket was buoyent, and prices were advancing. Foreiga securities were little dealt in. Mexican were worth 235 There bad been no particular change in American stock». Sugar--The market is more animated, and prices ave fteaciy supported at London. Some Havana bresght lis. in Liverpocl. ch Mr. Hincks refers in > , however, very clearly the direction whi — opinion is taking on these questions, and I cammot comeeal from your Aseembly last evenin, his memorandu of an outside member into their board ought not to create come Gnd give cause to some suspicions, as thet member immediate representative of the jobbers? Lf the majority of the board do not see the force of this remark, they must have less foresight tham is generally allowed them ; but whether they do so or not, the credi- | tore of the company have reason to look on this initiatory cbenge with serious suspicion, as the gentleman dis- placed is well known to possess the highest qualifications ‘Sud the mort prudent views with reference to the ad- Tinistration of the affairs of the company. ‘The advocates of a dividend base their estimates on the ‘Dusinees of the past six months ; but they are unwilling to admit that the six months to come, being the winter and inclement season, when the lakes must be closed, the receipts must of necessity be much reduced. It is not eny portion, but the business of the entire year, which cught to be made the basis of estimate ; the more espe- claly should this be the policy of the company when their immediate necessities are large, and the daily de- mands 60 pressing es to compel a system of financlering £0 extravegent as to alarm the warmest and best friends of the enterprise. ‘The purport of our observations ought to satisfy every candid reader, that the charge of having any wish to depress the stock of the company has its origin in no- thing betver than the absurd jealousy of those operators who fear that the truth, and the true policy of the cem- pany, should be laid freely and clearly before the pub- lic ; and we again repeat, what we have heretofore shown, that the large sum of indebtedness, direct and indirect, exceeding $20,000,000, independent of the company’s capital of $€.6C0.000, may cause the greatest embarrass- ment, should the future condition of the money market secume that character of stringency of which the monied horizon presents the etrongest marks. Recent sdvices from Burope gives most deplorable ac- count of the finances of Austria, The Government is in a miserable plight. The paper issues of the treasury are felling at a diseount of thirty per cent. The country is cverburdened with debt, and will soon be unable to pay ite troops. All sorts of tyranny and oppression were going onin the efforte made to regulate exchanges at the point of the bayonet. Operators on the stock exehange bad been driven cut of Vienna for “bearing” the govern- ment paper iseves,and the public credit had so far de- Frecinted that the negotiation of a loan was entirely out of the question. Duzing the past month (November) it appears that, from the great abundance of Austrian paper money in circulation, it became seriously depreciated. An Aus- trian florin is equal to 48 cents, divided into 60 kreut- vere, of about three quarters of a cent each. The par of exchange between Vienna and London, on the 15th ult., was 10 florins, or $4 80 to the pound sterling, valued &t $4 50, Such was the depreciation in the Austrian paper money, that the brokers would only give £1, cr $4 80, im specie, for 12 florins and 56 | kreutzere, or $6 18 im Austrian paper promises. The Emperor Jeseph, in his absolutism, was made to believe by bie minister that this depreciation of his rag cwremcy was caused bythe machinations of a class of money brokers known on the stock exchange as “bears.” He therefore caused two hundred of them to te, to forty-eight hours, exiled from his empire—pro- bably effecting the ruin of themselves and families. Whether the peper rage afterwards advanced, we are not informed, but leave the question to be solved by the Wall erect organ of the Austrian government. According to the message of the Governor of Indiana, | the frances of that State are in « very flourishing condi- tion. The expenses of the Btate for the year ending Oct 20th, 861. were $71,810, cr $11,804 less than during the previcus year, The revenues amounted to $508,056, which exceeds that of 1850, $58,574. The domestic debt is £0 nearly liquidated, thet it is recommended that the eof scrip be authorized to present the same for payment within limited time, after which interest skell cease, This would ensure its presentation. The czdimary expenses of the State government for the eneaing year are ertimated at the sum of $133,500, the iperecee being prinoipally in anticipation of a protracted tection of the Legislature. It is estimated by the Audi- ter cf the State thet, from the revenue of the present Lguidating the indebtedness to the bank, pro- vidlug for the expenses of the State government, and meeting the January and July dividends on the public debt, there will be a surplus of about $100,000. The wis- Com and propriety of the revenue lawe of the last serelom of ibe Legislature, are manifest in the large ipcreace cf taxable property returned for the current year, Sufficient returns have been received 1 wertamt the etetement that the whole amount cf taxable property placed em the duplicate of 1661 wil ret be ese than two bundred and ten millions Excellency my belief that, ualees you are enabled to give me some assurance that negotiations with the government of the United States are in pro #8, which are hkely to result in placing the wcercial relatioas between the Provinces and Coffee wae improving, and a fatr bueiness war dcing In mclasses, tales were limited Rice found & ready ssie. East India bad advanced fully 6d ; Carolina was nominal Ashet were lower. The rates current 8 ing, it | 255; pearle, 298. os ma beih apavwer eae, Peep A carane se | There was a& increased activity im trade at Max. adopting we — Bie Pa nageneng a chester eet?, an ich may , Very ly — be'followed up by others calculated to check the MONEY MARKET, Trunspay, Dec, LI—6 P.M. The stock market remains witbout material alteration either as regards prices cr demand. The transactions. trade between British North America and the United States. Under there circumstances, I deem it my daty went eae ee neae ys auaemtion to the dem | to-day, were to the usual extent. At the first board, will, at your earliest convenience, furnish me, for Reading Railroad declined one-quarter per cent; Erie my nce, With each information respecting the | Railroad, one-half; L. Island Railroed, one-eighth; Hud- views of the government of the Unites Staves as | son River Railroad, one-quarter. Canton Co., one-half. Norwich and Worcester Railroad advanced one quarter per cent; New Jersey Zino Company, one-eighth; Dele- ‘ware and Hudson Canal Company, ome-balf. After the t may be in your power to give. lhave, &c, &e, E-LOIN AND KINCARDINE. Right Hon. Sir H. L. Butwer,K. C. B. The alluded rs to in this despatch are :— Doard, there was e slight rally in the market, and at the 1st. Memorandum from Mr. Hincks to the Gover- | close most of the fancies tended upward. There is a great por General of that the ca- want of outeiders in the street to cive an impetus to Prices. We anticipate a dull time for several weeks ‘The receipts at the office of the Acsistant Treaeurer of this port, to-day, amounted to $65,000; payments, $50,- 937 €1—balanee. $3,357,548 67. Canada, pene pny to which no immediate steps were take ce of the arrival of a deputation from | . to confer with the Governor General on 000 in specie, and the Humboldt, from this port, on Sat- | urday, for Havre, will carry cut about half a million io | ‘The Asia, from Boston for Liverpool, carried out $400- | gol) cf Colmce—belng ep increase of seventy-three millious be previeur yeer, or more than fifty per cent. The rm oLer+sse bas beew ip the personal property, show- ng tbat Leretofore @ lerge amount of this description of teanticn Law entirely escaped the knowledge of the as- tesect. In the item of corporation stock alone, the in- creaee is not jess than four millions of dollars. The im creased tax om the personal property returned charge sble to lese than four thousand persons, im the various counties in the State, is equal to the whole ordinary ex- Fenses of the Btate government for the past year. A bil is before the Legislature of South Carolina, regu- lating the future incorporation of joint stock banks. and the re charter of the Btate Bank, the principal features of which bill sre — 1. That capital $2,(00. coe ner lees than $000000, Crus umetaw ay 2 That the etockbolders of bank shall be inci- vidual Liable for a cum net exceeding treble the emouat of bis or ebares. S. That po bank shall hold lands or cetate other than that necessary for ite business, cr that which is tone fide mortgeged to it as security, or purchased at saler upen _udgmente previously obtained. 4. Restrnoting banks to dealing in notes, bonds, bills | of exebange, 61D, bullion, and limiting interest to six per cent, 5. Restricting bank issues to the denomination of five 0) iar. | « Burpension of epecte peymente to work « forfeiture | of charter Washington could give some assurance that the trade between Camada and the United States is | *P‘c'e likely to be id on & more footin, The Hemilten Manufscturing Company, at Lowell tans a oe. en hy have declared a dividend of three per cent. for the last erable Mr. s fia monthe. of twenty per cent should be levied on American |", aividend cf two dollars and « baif on cach sbare cf se dod hat 8 Sap ot ag ehcp o the Northern Railroad has been declared by the company bring their goods into © via the St. Lawrence, ‘The Boston end Maine Railrced have declared s divi- instead of through United . dend of three dollare and « balf per share Ath. tions about to be proposed by the | The income of the New York and New Maven Rail Rosd Hon. Mr. ie i be Fem ed Company for the month of November jo each of the part two years war as annexed. New Youu avy New Haves Ran Roan C i into G Bi Receipts from passen; ee. oe SHORTED bs Sapo) ry reat Britein and cipte fo pessengeee ais 80 thece « @ freight. . fruits, sede, animals, hides, wool, chesas taliew, | PAH Harlem iiced for 42,330 pases horng, and fresh meats, ore: of all kinds of Ihe weenie » plaster of Paris in or ashes, | Nevember, 1850.. TBOTORE 6c cece cree cer eneeeeeees + $5,122 86 The fact of there having been five Bundays in lact month, while there were but four in November, 1850, EXTRACT. Her Majesty's government are (prepared, Certeia conditions oa with certain Vea to mae the concession statements of Mailroad earnings. ‘We are deriricus of seeing the official announcement of the next remi-annual dividend of the New York and Brie Raliroad company. The anticipations of stock- holders may and may not be realised. The reports. ro freely cirealated, rome time since, have induced mary to Delieve that the mext pay: will be four per cent. hermen. The direction may decide upon that ameunt; but we | pe y "7 oo “y are of the opinion thet it will be difficult to show,or | Tether to make the public believe. (bet se much bas pero — Set ord dy earned. The -urrent expemditarer of railroad companies, petion or Cor operating, during cach year, ie pretty weil under. United States stood, and apy attempt to shew « very reduced rave of of will becco tranepare nt to onviction. ¥ |, of © erpenes carry © fon Ipited A NB eke the ococession above stated applica po aren. parm serengre-rpgpemadg mead pt Ly from year te year, in their construction sccount, which | cluded. shows that the expense seccunt is relieved of @ por | Her Majesty's tions of what sheuld be put into ft. The Brie Railrosd | y at arrangement fhould appiy to New- | in probably ope ef the mort expensive operating roads in | the country, and it ie abeurd to talk about forty per | of the guess carninge being rufficlent fer corrent | eperating expenses. The managers are determined to | declare © large dividend, and it ie necessary thes ¢ thould be shown that there wae « surplus ip bend, at the close of the fircel siz mewthr, large enowgh u rey ruch » dividend The financig) cperations of the Erie Rairend company have hereteCore been cf the mor: ex- tracrdinary character, and it ie our impression thet there are many more ip the prospective We have heretofore jookea et the mere Sranc's! tiem cf the Eri mpany and open thie de teandiand. ia ANUTHER Wire Muaonaxp ry Poison Sebn Arbertine, who hae | | | | bi His wife was aimort immesiately taken #ic! Mondey dird, believing that stm Dad been poisoned, ani thie belief is confirmed by oj st mortem examiaation ad Byes who testify that the LU Seve direotors ought to comeider it to te oprult ibe ibtereets of the etrit ilitier, which, im the « rel witnenes have been ezamined by Coroner Beidwio, before a jory, at the Ccurt House, who tetified to his bere to hie wife, wiehing ber back i@ Germany, &o “ = Sbe left pome wotey,at her coath, to her th.-ce chudrrn, , are of iret and primary importante. Bot ve of whieh the father took porseasion, Arhuetine and | row throw ent, fer the cenrideretton of the we | not immediately interested in & waste revepurs | of the company, for the purpose of boistering their speou- | stions, wbetber they doget thing the recept introds jclon Dc rae Miller bare been committed to jall, and a» retdat ‘will probebly be returned agsingt the former, 1.:0ugh there te met swMictemt evidence to ‘We latter — Newar Adve vise, Dee 1a should be borne in mind in noticing all the comparative | 7. & tall etetement of the condition of each bank to be | meds cis times © year to the Comptroller General, and published. | 6 No bank to go into operation until half the capital | ere ie juired, but all bank : | 10 bonus is to |, but Property to | be wutject to taxation. } otimg liabilities to three times the amount of capital stock ; and if excess should occur im that respect tbe directors under whose administration it ccourred | ball be Ueble in their privet» capacities ; and if any loss cz Gefciency Cf the capital tock cocur, the stockholders shall te liable to make good the same. | 11. Bares to be $25. | It be believed thet this bill, with some few modifica- Views, will become e law. The Erie and Wabssh Canal will, by the terms of ite which will cpen the longest line of artificial navigation im the United States. The work on the unfinished part is in repid progress cf construction. The tolls on this work received during the year ending November Ist, | Smount to $170 262 70, exceeding the receipte of last year | by the rum cf 22,124 98 The canal has been navigable: Curing the reason just passed. ee far south as the cros- ing of the weet fork of White river in Greene county, 281 miles fom the Btate line, and 966 miles from Toledo. Barly in the enewing resecn it ie expected that 27 miles will be added” to this navigation, extending it to Maye- in Deviese cownty. Frem that point to Evansville, | 71 miles, which ie the mort expensive portion of the work, the labor Cf conetructing the canal is nearly two- thirde performed, ard the balance is to be accomplished ty the Gret of } ber next, aceording to the terms of the ccniracts, The opening ef the canal from the Ohio river inte the heart of the White river country, a district enjcying beretofore ne better navigation than that affords é yy there rivers, will give an impulre to the agri- | culture) ar@ manufeeturing interests of that section of ibe Biete, highly favorable to ite future advancement snd wealth. The increasing sales of the canal lands in the Vincer nee district, afford evidence that the advan- tagre ct thie greet work are beginning to be appreciated. | 0 00 | contract, be ccmpleted om the let of November next, | | | | Ce nae 3IITBABINII; 0. ler & Kypt WR MD aie Cc 7! being broken off. vores $4 25 @ $4 43%; with mixed to fancy Western and pure Genesee at $4 314 © $4 60 per barrel. Jersey meal and? rye flour ruled quiet at $3 0634 and $3 51:;—the previ- cus value. Wheat appeared higher, 1600 bushels white Geneeee bringing $1 02; 4000 Southern, $1; and 9,500 red Obio, S5c.; a8 id also rye, of whieh 6,000 bushels were taken at Tic. a 75c. Barley and oats were unaltered.’ Corm tended upwards, the transactions eomprising 28,000° wand at 59340. @ B00 poshale, palion 10? gael 340. @ 600, and mixed Cotton—The Niagara’s favorable advices has giver. renewed activity to our market, which, yesterday, had Degun to assume a dull aspect, the sales to-day about 1,800 bales,at very firm prices. We comtique oug quotations .-- LIVERPOOL CLAsetric ati leans. * New Orleans, Dplonds, Florida, Motileg Tease Trade has subsided into « very du!l and » yet the activity of the season just closed holders to reduce their stocks. ‘The econo- my of production joined to the past activity of demand hae given great firmness to prices, now thetihe demand is over, because stocks arelow. Consumption has gain- ¢4 om prduction, and trade is healthy in consequence. ‘The clething Coed nor peery 4 Brown sheetings and ebirtings are in light stock and firm. Heavy goods have impreved. Bleached goods are in better stock, yet: ices are steady, although the demand is limited. ‘the are *in most request. Drills are witha demand tor the season, for browns at 6c. # Te. Bleached are qriet, at 7340. a 7%c., aod blues at 83sec. &8%0. Osmaburgeure inactive. ai yet; @ good demand ie aaticip: after Christmas. Prices are firm. Canton flannels are in good demand, with a reduced stock,which is held at advanci rice. Printing cloths are in_ very limited request, it prices are rather better; the stock is not heavy, as production hes been limite’. Prints are quiet, yet the rmel) stock left over is not offered at low Prices. Gingbams are dull, the demand be’: and manufacturers are engaged in epi The Lig | demand wil! not tairly comme! the firet of January, though a few early sales are making for distant markets, Delaines are yet selling in limited quantities, et full prices ‘Phe spring goods are produ- cing in large quantities, and in varied assortment. The demand hes been so this full, that the very in- creased production and the undiminished importations Rave not more than sufficed to meet, and leaves the mar- ket without a stock that can be jobbed at lower prices. A very great demand, in like manner. is looked for in the rpring. It seems to be most profitable of ell on comestic goods, shawls excepted. Cloths are dull. Many broad cloth factories have been changed to shaw! fuctozies, and. the production of clotbs will be more limited at home. Prices are steady without buoyancy. After new year’y day a good demand is looked for. Cassimeres are quiet but steady. Sattinets are duil.as well as tweeds and jeans, Sheep’s greys ere in good demand, and foreign Linseys are depresecd and dull’ Flannels are in requst and firm. Blankets duli and heavy. Simwis are in muck request from second hands; but the’ bulk of the demand isover from first hands; prices are firm; plaid shawle ere the favorite; epring ‘styles occupy the attention ot manufacturers. Auctions are over for the season. Bri- tish gocds are in moderate and steady request for etaple descriptions, chiefy for the large city clothing houses, who make up for the spring. Prices are very irm, not- withstanding the backwardness cf buyers. Goods can- Bot be replaced at cost prices, which renders the market very firm. French goods are mostly inactive Ight fabric are reliung. the more staple fancies sre dull. Importations are ye: will be 0 from England, though we expect « large sup- ply of goods from France and Germany. (ur jobbers also find it their interest to import on their owa eecount, on account of securing selections The importing busi- Bere hae not been bad, when judiciously made. Import- ed this dey, 23 packages, per ship St. George. Fi —Retes to Liverpool continued firm. but in- 06 flour were engaged at 13d; 700 bbls. twas at 4d.; cotton more plenty, at and dead weight, at 15s., asked. To London, about 1,000 bbls flour were engaged at le. 10340 ; and 36 tons oi] cake. om terms not unaerstood, To Glasgow, 1,000 bbis. flour were engaged at Is €d ‘There was no cha’ in rates to Havre fo California, measurement goods were steady, a: €0 a 750. per foot, Provisions —Pork declined to $16 a $16 25 for clear mere; $15 and $1525 for old and new do ; $14 for new prime; $13 75 for two years’ old mess; and $13 6234 for old prime, with sales of 900 bbls. Beet remained frm at the advance—400 bbis. country and city fetchin g$4 25 @ for prime, and $8 @ $10 60 for mess. There war nothing of moment done in prime mess or beef hams. 200 bbls. old lard were sold at 8'4 8),c,; 300 kegs new do. at £5, a Ge., several city cut shoulders and hame at 6% @ fj; and dead hoge at 6% @ 634c.; with rerious get Obic and Btate butter, at 9a 170; and fair te cheice - cheete, at © Tc. per Ib., respecti te Naw Bevrors Ou. M ing Dec. 8. 1851.—Bperm—We notice sales eince cur last of 10¢ dble. at $1 26; 100 bbls. at $1 26)., and 2.000 Lois, at a price we did not learn, A tale of 1,000 galions bleached winter sperm was made at $1 30 per gailon, cush. Whale—Is dull, and we have no sales to report im thi werket. In Greenport @ ale of 1.500 bbis. Nortowes: cost War made aince our last at S50 galloo. Whaie- bome— We Lear of no tramactions in the market. Sperm bp sole of 160 boxes made was at 99 cents. 4 mon MARITIME INTELLIGE cE. Ocean Steamers, or ib... Phiscatzais. fow js! Nov 39... Bester. Movements of t ov Bes Dee Deo Deo Deo Deo ni aneiee, NI wr Wind at © N Herald Marine Correspondence. Arrivee—Schr Parah Jane, Potter, Nanteck: Ofer Fock; ; Ane Deumas eg, Yer “ira foe, ‘Crockett do ‘bt slivers Jomeloon, Fiche dan Dons, 3 “det Botton: am aE end Brena to Boon Whale Portia “fait Liver; NYork; Wise, Bo- Oty aiaad Ocenms. rd Jolande July 9 (by letter), Robt Puthford, A Bogenis, of NBodferd, Oov 3, int 2004, lon Pi lep, 2 t W. Bhepherdess, of aod ‘rom Mye~ Netices to Mariners. Navicatine Bostow e city and $e ‘er EO POON Rater ae iL ie, Coase on, Gramaytan, » Now 8 la6i. TS Sa Set Sr te Botice ie given on the sub): QuaRawnixe Norte; By an official wg i ntie! gommunication of vee ‘nytt Beacox on 0, The Commissioners on att Henne encom has econ beow pred ape Pine he Upper Middle ap Ports, Red Jacket, Conckiin, Now te Y loaton pilete Home ANDRIA, Deo #—8i4 Datord, ence, 8, ‘oom Port Wak Hh~ Ann boge Fiera, Jay Syiph (Bey : -