Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1818-10-20

4
TO increase the power of England. Blu,
what are The benefits we have derived
from the Improvement of Russia, COM
pared with those we have derived from
our intercourse with America The Uni.
ted States is now become the most impor-
tant market for the disposal of The staple
| manufactures Uf this country Ii is a
market which is daily and houri, mcreas-
| ing, and hich, il sot violently interior
ed with, will continue 10 increase for CEN
| turtles 10 come.
What then could be more unwise than
rashly to embark this country ma contest
with North America Are our manuiac-
lures III situation TO encounter "a repc-
'ifion at The non-lnlerCourSe act Is the
| demaad for their produce so very great,
That the cessation OF tile American de-
, mand--a denand amounting 10 IL or IL
millions per annum-wOuld not be expert
enced! Are weprepared 10 give fresh sill
muius 10 the erection OF cotton and wool
en- manufactures in the United States p
We should think not. And we appre-
bend, that when the people of Britain
nave reflected on Ibis oneconsequence of
an American war, they will pause a little
before they engage i'll IT.
But II is not Tor these reasons alone, that
a contest with America ought fpossible 20
lie avoided. The enormous expence that
must attend The carrying on OF hostile o.
perations 3tS greata distance from home,
would III any circumstances, but espe ciai-
~ AT present, when Our revenue is altoge-
Their inadequate 10 deiray the charges of
our peace establishment. deserve The most
serious consideration. Unless The people
OF tits country are longing Tor the reSto-
ration of the Income Tax, they will care
lief
with America. They may rest assured,
that the one will mialIibly lead To the o.
Their; and they had better not be over
sanSuine IN their expectations of getting
quit of that oppressive burden alter the
contes, shall have been put AN end 10.
A war with the United States, il should
always be recollect.d, is war in which
we have every thing TO lose, and nothing
10 gain. We may, il is true, harrass their
trade, and sgnalize our valour and our
love of science and the arts, by burning
Their sea port towns aud their libraries,
and by deiacing and pulling down some
of their public buildings. But TO think
OF making any permanent Impression on
America, Is entirely out of the question.
The American citizens are all soldiers,
accustomed from their infancy to The use
OF firearms, and are known 10 be tire
~.
therefore, the disciplined armies of Eu-
rope might triumph over such oppomtp bis
III general engagement, they are sure 10
be cut OFT III detail. The circumstance
at the country being oycrrun with woods,
and iiIc m"ny other natural capabilities
OF defence which itposSesscs, would ena-
bic much less numerous aud worse
trained militia than that of the United
States, successfully to defend il against
the NEST powerful foreign Invasion.
Nothing, therefore, hut disaster and
disgrace can nationally be expected from
a war with America. Bat even If our ei-
forts were 10 be crowned with success, il
would be considered as little more llan
triumph over ourseives.-Wh hat is advau-
iaseous Tor The people of America, must,
, as we have already shown, rebound more
or less 10 the advantage of this country.
We are deeply interested IN their prosre
! MY; and instead Of absurdly attempting
10 irrliai" and disgust, il should be cur
| object 10 endeavour 10 secure their af.
feciion ard esteem.
LONDON, Aug. 80. Another serious
depression OF the funds has taken place
ConNols icr money having declined yes
ie' day so low as 73I and for tie &C.
coun, Ia 73S; while omuium was done
al G4 per cent. discount, and Tie five
per cent. navy anuuilies al 1889; but we
are unable 10 state the real ground of the
| depression, which has thus lowered The
stocks within these last few days bciu cen
and 8 per cent. 4 Number of Conicc.
lures 600 numerous 10 notice. have been
hazaldcd Oh the subject: as far n, we
are enabi q To form an opinion, we think
Ii is principally 10 be attributed TO the
great scarcity Of money, occasi0ncd by
The near apnvc9rh n tln Ii,,a
or II ursdaN nexD when 10 per cent. must
b a!vanceo towards The iaie loan con
tra'ied by Tie chancellor of tie exche-
gu 4 II is also SAID that The bank has
air ady begun 10 prepare for pay mcnls in
specie. and have considerably reduced
Them discounts; but we Cannot Uiedgr
| ourselves Tor the correctness OF this siO-
ry: some confirmation is given TO IT bv
| the circumstance of money being corii.
nned 10 be borrowed al per cent. ON
| guod bills.
IL viii be seen by TIE following quota
lion OF prices al Tie close of business al
The Stock Exchange last afternoon, the
funds rallied near one per cent. Red.
ann: 74a; Consois, al do. for account,
10 Navy per cents. l0l; Onnium 81
discount.
A massy piece ofplatc, as large as three
hen can toiIS, aITNeH ~ IIi uiOuiE last
week, which was ordered BY ihe captains
ard commando IS 0i lie several ships and
ssels engaged n the battle of Algiers
Ii has been presented 10 Lord Exmouth.
and will be exhibited at The next ANU
ver~ary dinner.
Drrry Lane Theatre is opened for the
season, under the management of Mir.
Stephen kemble and the sub commiiics
ihc prices of admission are 10 be reduced
10 SIS. 10 the boxes first price, IS. halt
piicc; pit 81. first price, halt price %. >.