The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-06-06 00:00:00

THE COTTON TRADE.

The following able resume of the state of the Cotton
market since the French Revolution, its present condition,
and future prospects, we extract from Messrs. T. and H.
Littledale's circular of the 3rd instant :
" The article of Cotton, and the position of all branches
of this important trade, have suffered perhaps more than
any other, from the extraordinary political events, com-
mencing with the French Revolution in February last,
and the consequent disorganization of commercial rela- -
tions in all parts of the Continent. The exports of Cot-
ton from the United States to France, and the markets of
the North of Europe, have since that period been all but
suspended, and credits and exchanges have been com-
pletely disorganized—so sudden a check to the regular
course of business in the height of the shipping season
been much felt in the United States, and the appre-
hension of what might be the position of this country
under the circumstances caused a complete panic, and a
great fall in prices of the staple in all the American mar-
kets. On a full re-assurance of the soundness of our in-
stitutions, and the credit of this country, large shipments
of Cotton have continned so be sent forward, either in
the execution of orders at the lowest limits, on consign-
went, or as remittances.

" the prediction of a small crop in the States, from the
effect of an unusually late spring, seems to have failed—
the picking season has been interrupted, and the yield'
appears now to promise 2,250,000 to 2,300,000, although
little more than 2,200,000 may reach the ports, and the
present prospects for the growing crop are very favourably
reported of.

."
Our home trade has continued steady, and rather
improving; and the accounts from Irdia and China have
been, on the whole, more satisfactory. Spinners feel the
want of the usual demand for yarns for the continent,
which, as well as goods, are now lower than at any
former period. At the corresponding prices of the raw
material (also as low as at any previous time), they
do not seem to fear some accumulation of stock. Up
to this date our consumption of cotton, which has in-
creased this year 4,658 bales per week, being of American
19,000 against 14,890; total, 24,264 against 19,730 last year,
which is satisfactory. The market, which was looking
more steady in the early pan of May, has gradually be-
come more and more heavy, at declining prices. The ex-
port demand, which sustained the better qualities, has
now nearly ceased, and the wealthy spinners and capi-
talists, low as prices are, do not at present shew any dis-
position to interfere. The sales in the last five weeks
amount to 151,130 bales, for export 12,350, on speculation
6100—leaving for the trade 132,800, or 26,600 per week.
" The import has been very heavy, amounting to
294,948 bales, of which 274,000 are from the United
States, and there are still at sea for this port 160,000.
The stock of American is increased to 361.380 bales
against, 358,200 this time last year. Total stock 520,060,
against 499,800 bales.
" Of East India Cotton we have not much more to ex-
pect before the autumn. Consumption has fallen off,
and prices are almost nominal beyond retail sales. 9200
bales have been sold in five weeks. The import has been
5600 bales, and the stock is now 66,000 bales, against
81,000 bales.

" The following is the table of the receipts, in the Ame-
rican ports to last dates :--

Shipped to North
Gt. Britain France of
Eul opa
1818 I 870335 275792 97180
1847 598770 190160, 41201
1846 .. .. I ..

Other
For. Total Receipts!
Ports;
120656:1369141 20214701
77003: 917335 1650928

Stocks

517714

The future course of the mar'xt must depend on circum-
stances ; it is probable the present unusual depression and
extreme low prices may not be of long continuance, and
that the apparent necessity of importers to sell without
reference to cost may be only temporary."

LATEST FOREIGN AND COLONIAL.

INSURRECTION AT PORT-AU-PRINCE,

Since the intelligence by the West Indian mail which-
appears in another column, was printed, we have learned
that just prior to the Severn steamer sailing from Ja-
maica, the Haytien schooner Warrior, from Port-au-
Prince, brought the following very serious intelligence
from St. Domingo :
" An insurrection commenced at Port-au-Prince on the
23rd of April, with a large body of armed men marching
into the capi':al and parading the streets, giving it out as
their intention to depose the President and appoint ano-
ther in his place. This was immediately met by the Pre-
sident sending a messenger to the insurgents, accompanied
by a detachment of soldiers and two hundred horse
guards ; but, every effort to effect a compromise proving
abortive, a serious conflict took place, which ended in the.
defeat of the insurgents, with considerable loss on both.
sides. The bodies of those who fell belonging to the Go-
vernment were removed during the night, while the re-
mains of the insurgents were exposed on the following -
morning as a public example, their heads being chopped
off and their bodies hacked about in the most horrible
manner ; many in whom life was not extinct being sub-
jected to the same treatment. For several days after not
a person of colour was able to walk the streets without
being immediately assassinated by the Government troops,
to whom the utmost license was given ; the bodies of
those so assassinated were carried off in cartloads to the
beach, and there buried in deep trenches. The houses of
the British and French Consuls were crowded to excess,.
and such protection as they could afford was readily given,
but the absence of a British ship of war was severely felt.
These proceedings in Port-au-Prince were shortly followed
by an insurrection in the south, to quell which the Presi-
dent Soulouque had marched, it was reported, at the head
of 6,000 men, but the result had not transpired. Another
disturbance broke out at Miraguane, to which the Presi-
dent forthwith repaired at the head of a considerable force,
and meeting the insurgents on the 30th of April, routed
them with little trouble, and was thence on his way to
Aux Cayes. A proclamation had in the meantime been
issued hy the Governor denouncing the following persons
as traitors, to be seized and shot without the slightest
ceremony, viz., Preston,—Colonel Guignard Margion,
Bence, Chicitte, Barrott, Block burst, Paul Emile, Archer,
St, Armand (a -barrister,) Mondesir, Sanilouge, Dumas
L'Espinasse, and Solomon Zarnor: Most of these, how-
ever, are understood to have effected their escape. Among
the number shot by order of the President at Port-au-
Prince were Dr. 3,Carlet, H. Erouard, Landon, Le Har-
monien, Francois Esteve, L. Cerisier, Commander N.
Basquinat, Colonel Ize, and General Destouches. Some
of the condemned insurgents had succeeded in getting on
board the the French corvette Danaide, 22, lying at Port-
au.Prince.'.'
,
CAPE OF GOOD HOPE.—DISLOYAL MACHINATIONS.—
From Cape Town journals of the Ist of April, it apuears
that Sir H. Smith had found it necessary to issue a ma-
nifesto, addressed to the emigrant colonists in the terri-
tory beyond the Orange River, warning them against the
criminal designs of some interested persons, and express-
ing his determination to maintain, by arms if necessary,
th British sovereignty, and carry out the proclamations
that have been already issued. The 25th of March was
observed as a day of thanksgiving throughout the colony
fer the restoration of peace.
WHOLESALE HORRIBLE MURDERS.—Advices•received
on Saturday at the Home Office, from the Governor of
New Siuth Wiles (Si Chat-4 sFitzroy), communicates the
particulars of several revolting murders, alleged to have
been perpetrated by Mr. Thon.as Coutts, one of the most
wealthy settlers it; the colony. The shocking transactions
took place at Grafton, in the district of the crown lands.
Early in the year 1840, Mr. Coutts arrived in the country,.
and took a very lame allotment of ground, which hestocked
with from 800 to 900 head of cattle, and 5000 sheep. For
the first two years the natives evinced the most sincere
feeling towards Mr. Coutts, but subsequently became dis-
contented. Two of Mr. Corsets agents were waylaid and
murdered, and also a fine intelligent boy. The steak was
either missing,
sold, or killed and boiled down. Other set-
tlers suffered proportionately to the extent of their stock.
These losses, coupled with the hot-I.:hie atrocities named
above, led to a feeling of revenge against the aborigines
on the part of the EngliFli settlers, and, it is stated,
though not clearly substantiated in evidence, that, all
means to detect th 9 ringleaders having failed, secret
poisoning was had recourse to, and a great many, particu-
larly on Mr. Coutt's estate, have fallen a sacrifice.
Numerous suspicious deaths occurring. a searching investi-
gation was entered into, the result of which was the instant
apprehension of Mr. Coats. In a camp on. Mr. Coutts's
land were discovered eight eteri bodies, whose deaths, it
was ascertained, were the result of poison—arsenic, it
was supposed. Several other bodies were found in otht r
parts. On the 7th of February, the prisoner was brought
up before the Chief Justice, Mr. Sergeant Manning, rill
admitted to bail in vety heavy penalties—himself
£lOOO and two securities of £5OO each.