Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1817-02-22
FOREIGN.
NEw-YoIX, February II.
LATEST FROM CADIZ.

The brig Dispatch, Babson, of Boston,
arrived at New-London on Thursday
morning, IN So DAYS from Cadiz, with a
cargo OF wine and fruit, bound TO New
York. Passengers-Lieut VIM. Hind
man, and Lieut.. Taylee, of the navy.-
The former gentleman arrived in this city
on Saturday evening, and has furnished
the Editors of the Mercantile Advertiser
with the following extracts from Cadiz
Prices Current of Dec. Goth:
Flour IA TO ID dollars per barrel rice
6to Is so: corn IS TO dollars per bus.
There were none of the preceding arti-
cles ahoat. Wheat 2 TO %; slaves go
to loo per 1900, very dull; Muscatel raj
sins to IS; bloom do. 80; salt, per
last Of 60 bushels, 2 TO dollars. Elk
change on London, 355 per current dol
lars
Mr.. Mead, who has been a long time
imprisoned in Spain, was to be released
on the 22d of December. Mr.. Irving, the
American Minister, remained at Madrid.
\ part of the American squadron in the
Mediterranean were, at the last accounts.
at Malaga, and the residue bound up.
The Spanish expedition for S. America,
so long talked of, had not vet sailed, nor
was it known when il probably would de-
part.
The Dispatch spoke, about week
since, the brig 10 lisa, % days from
Turks Island, for Baltimore, and q ship
from New York for Surrindm.
From tie London Morning Chronicle. No
reniLer 10.
p" Ii is natural for the German and
American writers 10 attribute tue cheap
prices at which English manufactured
goods are selling in their markets, to
deep policy on tie part OF the British
Merchants, and thatthereby ii is meant TO
crush and ruin all the rising establish
menis thatmight in time rival them. We
say ii is natural, because they hope bv
such representations to stimulate their
governments either totally TO prohibit
British goods, or 10 lay such duty upon
their import as shall greatly limit their
consumption. But nothing can be more
untOuuded than the assertion that the
low prices arc owing TO any such project.
To accomplish such an object, all the
manufacturing and mercantile bodies of
England must combine, have but one
purse, and proceed by concerted plan
10 one aud the same object. Can any
supPostlon be more absurd 2 Tile secret
~ prices is simple. 1t proceeds from
.ifi 't"' "'VNS STttHUc4"G Sijtilt, WHICH has
i4ppidaied Tie foreign mathcts, and made
more sellers than buyers.
" The facility Of obtaining goods from
The manufacturers al long credits, stimu-
Iates adventures TO buy goods. They
give their bills in payBemt. This is
further promoted by the drawbacks on
certain articles which they receive from
Government. and thus Mey pour Into the
German and Ameyicou parts quantities. At
gooaS fer cdich there IS not an alternate dc-
ntard. But as the bills become due, the
necessity of sales also comes on, and thus.
both on the Continents OF Europa and
America, lhe ruinousprice atwhich goods
are selling is to be ascribed TO the failure
speculation, not TO any art
tul policy OF distinguishing rival nlanu-
features. The worst consequence is.
that having thus overwhelmed the mar
keis, there is already supply deposited
every where sufficient for The demand.
perhaps fora couple Of twege-months 10
come