The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1840-01-14 00:00:00

TO CORRESPONDENTS.

We have to acknowledge the receipt of 2s. Gd. from Mr. W.
Benson, for the use of " Old Day, the Newsman." We
shall feel very happy in receiving any further contributions
for this veteran traveller, who has so long catered for the
gratification of our townsmen. It is high time that some
provision should be made for him.
Several communications are unavoidably deferred until
Friday.

Elm. Eiberpoof 'tanbarb.

TUESDAY MORNING, JANUARY 14, 1840.

On Saturday vre had three arrivals from New York.
The Independence reached this port in the morning,
after the long passage of thirty-two days, having left
New York on the 10th of December. The Liverpool
arrived at her moorings about half-past two o'clock,
bringing New York papers to the 15th of December,
inclusive. Oxford arrived simultaneously with the
Liverpool, bringing papers to the 20th of December,
inclusive. The Liverpool has brought in specie, bills
of exchange, and state bonds, about four millions of
dollars—the specie alone amounting to 1,131,443 dol-
lars. The total import of specie, by the Liverpool and
the Oxford, was 1,375,000 dollars, of which amount
the United States Bank is said to have shipped nearly
500,000 dollars.

It is singular that neither of the above vessels have
brought the President's message. So confident was
the expectation that that important document would
have been brought on Saturday, when the Oxford ar-
rived, that a contemporary of that day, in announcing
the arrival of news from America, stated, in conspicu-
ous letters on the placard, that the " second edition"
would contain the " President's message." It appears
that Congress was still occupied with protracted de-
bates on the five disputed returns from the State of
New Jersey. A temporary termination was given to
the disputes on this subject, by the determination of
the House of Representatives that only one vote out of
the five should be given in the election of speaker.
The choice of that officer was made on the 14th nit.
Several candidates were put in nomination, and, after
eleven trials, the majority fell on Mr. R. M. T. Hun-
ter, a representative of Virginia, who received 119 votes
out of 232, being a clear majority of the whole. His
election was chiefly secured by the union of the Whigs
with the "state right gentlemen of the south." After
the election the debates on the New Jersey disputed
seats proceeded. The discussion precluded the regular
organisation of the house, without which the President
could not proceed to deliver his menage. Matters re-
mained in the same condition on the evening of the
18th, when the last despatches were received from
Washington. It may, therefore, be some time longer
before we shall receive the accustomed mq,ssage of the
Executive. During the protracted disputes in the
House of Representatives, the senate were unable to
proceed to business.

The news carried out by the steam-ship Liverpool,
which reached New York on the evening of the sth
ultimo, seems to have had a favourable effect upon the
money market. An improvement in the prices of
stocks was the immediate consequence. Shares in the
United States Bank advanced to 79, at New York, and
81, at Philadelphia, at which price they left off on the
the 19th ult. The rate of exchange on England had
ranged from 109 to 1091. Cotton was arriving in very
large quantities at the various shipping ports. It was
generally believed that the crop would considerably ex-
ceed all the previous estimates. Much of it would be
forwarded to England at a very early period.
A very severe storm had been experienced along the

eastern coast of the United States, destroying property
and life to an almost unparalleled extent. The hurri-
cane blew down chimneys, unroofed houses, uprooted
trees, and blew over sheds and fences in great abund-
ance. Vessels were driven ashore, and foundered at
sea, from New York to Maine, and upwards of fifty
lives were lost. The damage could not be fully esti-
mated. By some it was calculated at one million of

dollars. The storm was most severe at Gloucester. At
that place twenty schooners were driven ashore, and
sixteen of these went to pieces. Seventeen dead bo-
dies drifted ashore soon after. Eighteen schooners
rode out the gale by cutting away the masts.
Several of the banks in various parts of the States
ents, while others were pre-
had resumed specie paym

paring to resume. It was stated that the Philadelphia
banks would resume cash payments either in January
or February.
It is stated in one of the New York papers that within
the three preceding weeks above a million and a half
of woollen goods had been re-shipped to England.
These shipments it is said, had been made for two rea-
sons. First, they would not make a profit; and next,
the parties were fearfu! that the collector would seize
them, as he seized a large portion of woollens that had
been before imported. The difference to the revenue
would be very great.
! Most of .the manufacturing establishments in the
"northerti 'and eastern States had suspended work. The
large'stocks of goods on hand is assigned as the prin-

cipal cause of the suspension. In addition to this, the
domestic demand was exceedingly dull. Hopes of
speedy improvement were, however, generally enter-
tained. It was thought that the spring trade for both
home and foreign manufactures would be brisk on the
whole.

The prices of produce in general, with the exception
of Flour, were well sustained at New York.
The news from Canada is of more importance than
usual, at least from the Upper Province. The journals
of the Lower Province are chiefly occupied with news
from Europe and political speculations on the pro-
ceedings in the Upper Province. The session of the
Legislature of Upper Canada opened at Toronto on
Tuesday, the 3d of December. The Governor-General
proceeded in state to the Legislative Council, where he
took his seat on the throne. The members of the

House of Assembly having been summoned in due'
form, his Excellency delivered to the two Houses his
opening address, of which the following is a sum-