The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1842-07-29 00:00:00

THE CROPS

CROPS IN VIRGINIA.—The accounts from all parts of
Virginia are very flattering in regard to the abundance and
excellence of the wheat crop. In Jefferson county the yield
is the largest ever known. In the James River country,
where fears were entertained that the grain, from the lowness
of the ground, would be injured by rust, the result has ex-
ceeded all expectation. In Fairfax county the wheat turns
out better than was expected, though in some places it is
partially injured. Rye and oats promise well. In Loudon
county there has been :some rust, but the crop will be an
average one.—Baltimore American.

WILLIAMSPORT, Md. July 2.—The harvest in this section
of the country has been commenced by many of our farmers,
and by the middle of next week it will be general. The grain
is ripening very fast, and we believe but little injury will be
sustained from rust or the smut. The crop of grain is such
as has not been raised for many years.

EASTON, Md. July 5.--The farmers in this county have
nearly gotten through their harvest, and we regret to say
the crop is a short one. A gentleman informed us that his
prospects for making a thousand bushels a few weeks ago
were highly flattering. He does not now expect more than
three hundred bushels yield. The crop generally is injured,
and in some sections amounts almost to a failure.

CHARLESTON, S.C., July 7.—A head of rice, about eight
inches in length, taken from the plantation of Mr. Poyas, on
the eastern branch of Cooper River, was left at our office
yesterday. It is said to be earlier than ever before known.
TROY, N.Y., July 9.—The rye harvest has commenced in
this vicinity. Mr. John C. Schuyler, of Watervliet, com-
menced cutting his rye on Thursday. The rye crop this
year promises to be very abundant.

The following is from the New York American of the 15th
instant

Public opinion has been much agitated for some days past
on the subject of the negotiation with Lord Ashburton. It
was confidently announced the week before last, on the di-
rect authority of a gentleman connected with one of the
foreign legations (not the British) at Washington, that all
points in dispute were arranged, and that on the 4th July
the treaty would be signed. As the mode In which this
statement was made and the person making it, could not
very well be distrusted, great confidence was expressed
that the intelligence was true, even although it was semi-
officially contradicted from Washington. There seems,
however, no reason now to doubt that there was some mis-
take in the matter, and possibly propositions made in the
expectation and belief that they would be acceded to, have
been mistaken fOr actual results. At any rate, the impression
now is, not only that no arrangement has been completed,
but that, upon the subject of the North-Eastern Boundry,
which was said to have received a complete and satisfactory
settlement, new and untorseen difficulties have arisen on the
part of the Commissioners from the States interested,
Massachusetts and Maine.

Nevertheless, as on this point it is known, that if the Ple-
nipotentiaries cannot agree, a reference is to be made to a
friendly sovereign, whose award is to be final—little solici-
tude is felt, as to the continuation of amicable relations be-
tween the two countries.

In the internal political condition no advance has been
made. Instead, by the rejection of the temporary Revenue
bill, which Congress passed, and the President returned with
his objections, and therefore, in the present state of Con-
gress, rejected—confusion universally prevails. The Se-
cretary of the Treasury has expressed his opinion formally,
that after the 30th June, no duties could, without new le-
gislation, be collected. No new legislation has been had ;
and duties are now levied, in virtue of an Executive inter-
pretation of the law, which is resisted by the importers in
this shape—that duties are all paid under protest. The mo-
ney is indeed handed over to the Treasury, but under the
liability of being repaid with interest, if the courts shall
decide that no authority exists for collecting it. Mean-
time, Congress is busy with a tariff bill—which will, it i 5
thought, pass ; but coupled, as the temporary tariff bill was,
with a clause enforcing distribution of the proceeds from the
public lands. The President, it is thou:tilt, will not approve
this proviso. What the next step will be, we venture net
to anticipate; but this much at least is sure, that all the
uncertainty and disagreement between high powers in mat-
ters of such universal and daily interest; as the lawful col-
lection and disbursement of the revenue of the nations,
cannot but act with disastrous effect upon commerce, manu-
factures, and every branch of industry. Add to this, the
want of any circulating medium of general acceptance, and
the embarrassments alike of the Federal and most of the
State Treasuries, and the picture exhibited externally is not
an encouraging one.

The money-market has experienced no change since the
Ist instant. The same doubt and uncertainty as regards the
future course of the government as then noted, prevent anY
action on the part of capitalists, and all the stocks of the
States, even of the soundest description, have materially de-
clined. Until the passage of a tariff bill that will secure a
revenue adequate to the current expenditure of the country'
no improvement can be hoped for, as from the acknowledged
poverty of the National Treasury, recourse must inevitablV
be had to a new issue of government stock, which, without
some provisio❑ for ultimate redemption, cannot be expected
to meet a favourable reception in foreign markets, and con-
sequently must be forced off here at comparatively low rates•
The advices from Pennsylvania destroy every hope of that
state meeting the interest due upon its bonds next month.
Nothing has been done on the part of any of the other de-
faulting states ; nor can any provision be made until next
winter, when the state legislatures meet. Virginia is an
exception to this general bankruptcy, and it is expected has►
by this, paid the interest upon her engagements.
It is almost too early to form an opinion as to the result
of the crops, but our advices lead us to anticipate large pro-
ducts, far exceeding what can be disposed of at profitable
rates to the producers ; thus affording little prospect of a re-
newed demand for manufactures, either domestic or foreign.
The supply of both descriptions is abundant, and sales can-
not be effected except at enormous sacrifices. MANUFAC-
TURING DISTRESS therefore, it will be seen, is not confined
to Great Britain.

Most of the American manufacturers have already stopped
their mills, and the rest will probably soon follow their e 5
ample. Great numbers of the labouring population have,
been thrown out of employ, and were it not for the constant
demand in this country for agricultural labour, great want
and distress must have been experienced. We commend
this picture to our free-trade agitators.
The following was the rate of Exchange in New York up
to the sailing of the packet.
Exchange on London, (city bills) 7 a 71 dull.
Do on France, (city bills) 5.37 k a 5.421.
Do on Amsterdam, 381 a 35
Do on Hamburg. 341 a 35 nominsl.
Do on Bremen, 651 a 76

There is no demand for specie for export, and almost
all descriptions can be otained at par.—New York
American.

The exports of cotton to Europe since the Ist of Septem-
ber amount to 1,400,852 bales against 1,229,882 last year,
and 1,602,345 the year before. To Great Britain separatelY
the export is 904,840 bales against 815,391 last year, and
1,115,970 the year before. The receipts are 1,649,581 bales
against 1,606,032 last year, and 2,081,863 the year before.
The stock on hand in the shipping ports is 89,100 bales
against 156,831 last year, and 230,090 the year before.
We do not observe any improvement in rates—on the con-
trary, prices are rather in favour of purchasers. We quote
Uplands, very ordinary to middling, Ji a 7/ cents. per lb.
a fair, to good fair and good ; 81 a 911 and 10 cents ; Ten'
nessees and Alabamas, 5/.a 8 cents ; Mobiles, Louisianan,
ordinary to middling, 6i a 81i cents ' • fair, to good fair, $
Ill}-cents; good and fine, 101 a 11 and 13 cents per lb."'"
New York Enquirer.
From Barbadoes.—We have a Bridgetown Barbadian of
June 23, containing later advices from Demerara, Grenada,
St. Vincent, and other colonies.

The Barbadian speaks well of the agricultural prospects;
the crop of sugar is much larger than had been expected, and
it was thought that some of the island ships would carry t°
England a third cargo. No rain had fallen, however, sinc,e,
the 17th, and the plants were drooping sadly. Food of a,'
kinds, animal as well as vegetable, was abundant; sheep'
especially, were extremely numerous, and the mutton yell
fine.

The steamer Clyde, from England, arrived on the 23d.
At Trinidad, in May, and the early part of June, much
rain fell, almost putting an end to sugar making. The crop
was expected to fall much short.—N. E cons. Adv.
EMIGRATION.—The number of emigrants who have arrived
at Quebec the present season to the 9th instant, is 34,0'
of whom 7,231 arrived last week.—Boston
July 16.