The Sun.
London, England, 1837-10-18 00:00:00

O 13 0
O 3 6

0 4 6
3 0 4

KILKENNY
Wheat (per barrel) 18s. 3d. to 245. 6d.
Barley 0 9 -11 9
Oats 8 5 10 0
Flour (per bag) lB 0 32 0
Butter(per cwt.) 92 0 94 0
flacon Pigs 27 0 29 0
Coals 1 0 1 1

MARKETS.
Beef (per 1b...; Os. 3d. to Os. sd.
Mutton 0 3 0 5
Perk 0 2 0 3
Veal 0 4 0 5
Fresh Butter 0 10 1 0
Salt Ditto
, Potatoes (per ft) 0 2 0 3 s,
TCH MARKETS.

SC(
HADDINGD
Wheat.

N CORN MARKET.—Oct. 13.
Barley. Oats. Pease. Beans.
33s 6d 39., 04 —s Cd 42s Od
295 Od 225 Od —s Od 38 Od
24s 6d 17s Od —s Od 34s Od
Wheat in inarket,3Bo whereof were sold.
3'Unsold —0 Grey.
21. 134 sd.

First
Second
Third sos Od
There were 413 qrs. of

Average....,

6,l2ths

AMERICAN DEBT.
amount of debt due by the trmtea states to this country,
in consequence of it being erroneously supposed that the
President in his message alluded to England only when
he estimated the commercial debt at 30,000,000d015. This
is most fallacious, for Mr. Van Buren did not enter into
detail on the subject, or give any statement of the balance
due to Great Britain. The length of the document, no

doubt, prevented its perusal by many ; but on reference it
will be found that he spoke generally, and made no allu-
sion to any country. " The consequences of this redun-
dancy of credit," he said, " and of the spirit of reckless
speculation engendered by it, were a foreign debt con-
tracted by our citizens, estimated in March last at more
that 30,000,000 dols." It is, therefore, perfectly plain
that the foreign debt of the United States in March last
amounted to 30,000,000 dols., and the greater proportion of
it was undoubtedly due to this country, although it is
quite impossible to ascertain the exact sum, notwith-
standing considerable pains seem to have taken on this head
by Mr. King, one of the representatives of Georgia ; but
he is further off than any body, for he sets it down, it is
stated, at no less a sum than 110,000,000 dollars. This is
perfectly preposterous, and it would indeed be curious to
see the data from which he arrived at this result. What-
ever the debt to England may he, a good portion must have
been liquidated, for the exports of specie and bullion from
New York to Europe have averaged about 2,000,000 dol-
lars per month for the last six months, which would make
a total, up to the Ist of September, of about 12,000,00 d
dollars, and this being deducted from the gross amount of
debt, would leave only 18,000,000 dollars. We do not of
course pretend that the whole amount of bullion transmitted
has been for the discharge of old liabilities ; but the greater
portion, we believe, has been so appropriated, and the
amount of cotton and other produce sent during the same
period for similar purposes has also been considerable, so
that it appears only reasonable to regard the amount of
specie shipped from America as so much reduced from the
foreign debt. Indeed, we believe we are under the mark, for
those who have the best means of obtaining the most cor-
rect information as to the purposes to which these remit-
tances arc applied, are of opinion that not five per cent. of
the amount sent here has come for new purchases. The
whole debt due to England amounted in the spring to
about 9,000,0001., and at the lowest possible average up-
wards of one-third of this sum has been liquidated ; but,
admitting that the present balance against America is
6,000,0001., in which is included at least 1,000,0001. for
credits granted in London for China, East Indies, and other
parts, the whole is in a fair way of being cancelled by the
coming crops of the United States, if, as there is every
reason to believe will be the case, they import but little
for some months. Of course the debt due in this county
upon American securities is not taken into the account, our
remarks being exclusively confined to the commercial debt.
The annexation of Texas to the United States is an-
other subject which engrosses much of the attention of the
Americans, both here and in New York, and the feeling
generally, we think, is against it, especially as an impres-
sion prevails that the President is individually in favour of
the plan ; and this is of itself is sufficient, at the present
moment, for the Opposition to declare loudly against it.
Something, however, will no doubt be soon made known
on the subject, as the motions of Mr. Adams for copies of
the correspondence were carried, with some amendments,
which will compel the Executive to lay the different docu-
ments before the Congress. The debate was short, but very
warm, and several members declared that a large portion
of the American people would prefer a separation of the
Union, to an annexation of Texas to the United States. Some
of the recent letters from New York mention that when
the correspondence is communicated to the house, it will
exhibit a proposal for Texas to form part of the Union, ac-
companied with a laboured argument in favour of the mea-
-1 sure, drawn up by the Minister of that republic. "It will
further appear, I believe," continues one of the- letters,
"that the President, through the Secretary of the State,
having expressed his sympathies in favour of the young re.
public, and referred to the obligations due from the United
States to Mexico, as a nation with whom we are at peace,
very cautiously and discreetly declines negotiation on the
subject until Mexico shall have recognised the inde-
pendence of Texas.
Papers from Buenos Ayres to the 6th of August have
reached the city ; but they are almost entirely occupied
with accounts of the preparations making for the war
against Peru, in which the Argentine republic takes part
with Chili, and in a commercial point of view they are ae.
void of interest. General Roses had ;Awed a decree re-
specting the sale of government lands,
the proceeds of
which were to be applied to the 1;
04:;;Idation of the national
debt.—
.