The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1842-05-06 00:00:00

UNITED STATES.

By the packet-ship Independence weT have received New
York papers to the 10th instant :

Lord Ashburton was in Washington on the 4th of April,
domiciled in President-square, next to Mr. Webster. He
appeared in excellent health. He waited on the Secretary of
State on the sth, and was publicly presented to the Presi-
dent on the 6th, when he presented his letters and creden-
tials; he afterwards visited the two houses of Congress; and
thus far the ceremonies of introduction being shortly got
over, would proceed to the important objects of his mission.
The loan bill was before the senate, and would speedily be
passed. Of its efficacy to supply the wants of the treasury
great.expectations were excited. The committee of manu-
factures had reported to the house on their views of a new
tariff, recommending a duty of 40 per cent. ad valorem on
woollen goods generally; on coarse goods 30 per cent. ; on
fine a specific duty ; on rolled iron, English iron, 25 dollars
per ton ; on hammered or Swedish, 17 dollars ; pig metal,
8 dollars; and on coal, 1 dollar 60 cents. per ton.
A dinner was about to be given to Mr. Clay, at Washing-
ton, on his retirement from the senate, and from public life.
In regard to the Hogan affair we are glad to say that the
unenviable notoriety which that person desires to possess for
himself has been again disappointed. After his arrest and
examination before the police justice, which occupied five
days, the evidence being much the same as adduced upon the
trial of M`Leod, except that of a Dr. Mackenzie, who swore
that, in a conversation he held with Hogan, he narrated to
him the planning of the destruction of the Caroline, and
stated that he was one of the party. The court finally de-
cided that the warrant on which he was arrested being
granted in a different state to that in which the offence
was committed he must be set at liberty. He went to
the National Hotel, where a constable remained with him
for protection, until he could be got away to Canada. A
love affair is said to have brought him across the border, but
he appears to have been also influenced by an inordinate
share of vanity to make a lion of himself at any hazard.
Advices from Campeachy had been received at New York
to a late date. It is said that General Moore had sailed from
Campeachy. Yutacan had resolved to aid Texas against
Mexico, and the Yutacins were busy fitting out vessels for
the purpose ; and it is added, the alacrity and goodwill with
which this step was taken, would insure her being a powerful
ally of the new republic.
Advices from Buenos Ayres, to the 9th February, were at
New York. There had been a severe battle in the interior,
between Monte Video and Buenos Ayres, and had resulted
in favour of the former. An accident had occurred to the
steam-frigate Missouri, belonging to the United States, in
the Potomac, by her getting aground. She does not appear
to have sustained much damage, but in taking out an anchor
and cable to her to get her off in a boat, the anchor got over-
board, and the cable running out with velocity swamped the
boat and killed and drowned the whole party, consisting of
a lieutenant and 15 seamen. The steamer was still aground,
and the Mississippi had gone down to try and get her off.
Business at New York, on the Bth, continued in a very de-
pressed state, scarcely any transactions of importance had
taken place since the departure of the Columbia steam-ship.
On the 7th, several large failures in the dry goods line were
announced, and amongst them an important silk house. The
pressure amongst holders of foreign manufactures was very
severe. There was a general stagnation of trade, and prices
were still declining.

The London picket-ship Montreal had arrived at New
York on the 7th, but her news, which was three days later,
had not produced any improvement in the New York market.
The sales of Cotton up to the Sth continued very small;
purchasers were hording off for a further decline in prices,
which it was fully expected would take place.
In corn and flour the markets still continue dull, and with
but a trifling business doing, and without any material change
in prices.
Sir Charles Bagot has by proclamation further prorogued
the Canada parliament till the 11th of May, and then not to
meet for the despatch of business.
The packet-ships Cambridge and the Echo, from Liver-
pool, had arrived at New York. Both had encountered very
boisterous passages, and had, during their outward voyages,
fallen in with several wrecks.

We have received since the above was in type, New York
papers to the 15th ult., brought by the packet-ship Virginian,
which arrived at this port on Wednesday

The flour and grain markets were inactive. Genessee flour
was held at 6 dollars 37c., and the sales had been but trifling.
New Orleans had arrived freely at New York, but no sales
of consequence had been effected. The current rate was 6
dollars. The cotton market was in a state of activity, the
demand brisk, and prices had within a few days slightly im-
proved. The quotations were for Upland, very ordinary to
middling, 5i to 1-2 c. ; fair to good fair and good, 81 to 9}
and 10c. ; Tennessees and Alabamas, 51 to 81c. ; Mobiles,
Lousianas, &c. ordinary to middling, 6* to Bc. fair to good
fair 9 1-4 to 101 c. good and fine 10} to 11 and 12c. per lb.
There had been but little doing in Exchanges for the packets
either for Liverpool, London, or Havre. The rate on Eng-
land was loq to ]O7, on France 5 40. Treasury notes were
inactive at 1i- discount for notes of 1,000 dollars. The trans-
actions in stocks had been to a fair extent, but prices were
unsettled.

The loan bill had been read a second time in the senate,
and ordered to be engrossed for a third reading. eared
Lord Ashburton was still at Washington.
of on
that he had communicated with the Governor 0
the subject of the North Eastern Boundary...atTuhr: for the
governor
was about to call an extra session of the legal
de-
purpose of considering his lordship's -it the concurrence
propositions. ' The
bates, it was presumed, would be seere
of Maine be obtained to the propositions of this country, the
e legislature of the
greatest difficulty will be overcome ;h