Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1826-10-31


that the fears with which the approach of winter has
been viewed, will he greatly mtgated by there ing
fair demand for the abour ofthose who are disposed
10 be industI ious.-CsutnCiidn.
LecdS.-There has been during the last week an oh
vious improvement both the cloth worsted trade
IN tins districts the latter, indeed, may be said DO
positively brisk; and what perhaps may be considered
a less equvocai symptom of amendment, than au in
creased demand better prices have been obtained. Ma
ny respectable houses, however still complain that this
apparent Improvement rather arises of spirit OF
speculation than from any real increase ofdcnand on
the part CT the consumers; Others however, whilst they
ADMIT mat Inc state OF trade yet far from being
'stactory might be wished, conceive that these symp-
toms OF Improvement real, may fairly be con-
sidered as indicative of The CONNER cement of
ton which will 80 until the country reaches state
| OF moderate prosperity .-LeedS .Ee1cupv
f"ldergie!d--The indications of a revival I'm trade
al iiudderseld have this week assumed more dec-
siVe character. The market on Tuesday last had the
appearance which 1t exhibited in better times; bug
ers were numerous, and good deal of bus mess was
DONE and though the prices of old stock goods do not
ADVANCE yet those that manufactured from materi-
ais recently purchased, fetched remunerang price
The merchant manufacturers doing more business;
many oil ths class are getting quit of their old stocks
aud replacing them with goods which enables tber,
10 employ more Ii nds One has lately set on ffty
wor knen.
We have received the following communication from
onr Manchester Cofrespondeni:-C Chronicle
/ '.UancheScr, ThiuSdny Ere,linS-It annears by
The accounts received from almost every part OF The
Surrounding district, that employment is every week
eNtended 10 greater number of Observation-Disclosures
that were standing idle again beginning 10 work,
and the time OF working in those that were before bu
sy is heightened Many of them now at what is
called full time, and there is in this town which
by means of double set of hands, is working constant
Is day and night. The demand for labor however is
iar from beng sufficient TO afford employment 10 ais
that are wanting il; and those who succeed in obtaining
II find II accompanied with reduction of wages No.
ce has been generally given the spuners that they
WIN IN futue be paid at lower Whether this is
the result of an understanding agreement amonr the
masters, or whether, few having resolved 70 make
reuucuon the rest are compelled, in se-defence, TO do
me SANG, cannot ascertain. In either il is
melancholy evidence OF the still much depressed state
OF the cotton trade and of the little confidence ie in
the revival of its former prosperity
RI LONDON, Sept. -.
Letters from Malta received this morning dated 10
me 18th Aug state, regular conveys appoint
Gu ny Tue H3"'iral for vessels bound up the Mederra-
mean from that Island. ~ $3.50
German paper quotes the follorin article firm, the
Orienta Spectator of the 28th of JULY
ION the 2lst July two Turkish ships of war arrived
" smyrna twenty five Others off Fogliere it was
said they were TO take in wafer al Ourach So lone
ago as the 9th of July another Turkish div sion of Of
ssl' MAD passed by Milo, steering towards the vest
ne Greek naval force was assembled at Hydra 1t
vas SAID thal hiIaus, with 50 of war and fire
ships, would come 10 assist Samos while Sacbur with
40 men of war and fire ships was 10 go against the
Egyptian fleet at Modon. Ibrahim PscI,a was IN &c =
'cFer' out tins VIII not hinder him $50 the Spectator.
assures us from advancing the head of his brave
arabs: AT Napoii di Romania the greatest confusion
E prevailed; the Government nobody PAYS il any ODE
G,ence' mad returned into the little fort of Boudge.-
ne Sulots andRumeiots masters off fort Palandi
and Coicotroni, with thousand men, occupies tIe
town; hitherto he haas in endeavored TO get admis-
sion into the forts The Suots are the ONLY neonI.
VINO are not afraid, they i've very merrill, aud expect
ueath' winch (says the SpeCtatotl may contribute 10
lnelr gioy but thanks 10 the shameful cowardice of
inc Nlereots, they viii not be able save Greece
Athens is daily attacked by the Turks; it is defended
only by few Greeks, who every night endeavor
under cover OF the darkness, 10 escape Salamis-
Col. Fabvier, with 500 men, has cntrenChed himself
near Metbana TO observe the enemy. The remainder
OF his troops at Napoli and Hydra One hundred
and " hia IataI U doc M
:, baggage"
LoNDoN, Sept 10
Letters have been received, dated Napoli. the 18Th
July They state that every thing in Greece, remains
in the state at the date of the previous at-
counts. The enemy continues inactive"
> LONDON, Sept. f6.
The new Ia,g Of Merchant and Factor comes ini,.
operation on the st of the next month. The change
which it makes in the mercantile law of this country
Important and it isl lime since the details OF
/ the measure have been cfore the public.
writer in the Parliamentary Reuie1c Justly says--
"Ffty hence " i'll perhaps be scarcely credi-
ted. ti'ai up TO the year a25 English factor 10 whom
the law allowed the power of selling, unquali6ediy
goods consigned 10 him by his principal prohibited
ny !he same law from exercising the qualified power
of Pedging The goods upon the faith OF the till of la
ding IT, having sold ten he away with lis prin-
ciPal's money, the principal had claim against tie
purchaser but if he away having pledged them on
the faith Of The bill of lading without notice Of
the existence OF principal theprnciPsl might
yer ms goods from the pledge without paying the mo-
ney which had been advanced"
The reasoning upon which the decisions of the Judges
/ on this subject have been founded form curious ex
ample Of the application of tie rules OF law Which,
grow ont of ancient habits, TO stale of society in
which those habits had disappeared. What is of more
gencrainorcst however at present. is the effect which
The change is likely 10 have commerce. Hitherto
the advance Of money the security of merchandise
imported has been rendered almost itnrraciicabe or
al least unsafe because even where the holder of tho
merchandise was the real owner, where the amount
OF factors advances TO bis principal gave him large
lien upon the goods. il not easy 10 give lender
tilat prompt and clear satisfaction his title which
n is necessary in such transactions The bill Of ladiBg
and the actual delivery Of the goods were no security
There Is no doubt that such state of law must have
created temptation to raise money by circulating
paper and other personal securities, e increase
OF which increases also tie number and extends the
consequences of insolvency. From the 1st Of October
the bill Of lsding and the delivery of the goods will
be perfect a security TO those who lend as they
have hitherto been TO those who purchase on the faith