Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1830-10-08

= III,
conden IN his belief that the popular will whilst nm
Niated by The perverse laws and corrup, habits of
communities where Commerce and distinction of orders
iaa prevailed, nhght be trusted the sole prncinc of
government This personal upriohtness and th;s or
hding reliance III the tr,ist-worthiness of human ma
lure under such crcunsi ances at least as the ponu
iation OF the United States placed in are in simon
lar contrast with the boundless suspicious he is nj
was orood-ng er IN the case of his federal oppo.
hehts, ana the sweeping denunciations which he
prousates against the privileged classes of Europe
Correspondence of the Journal of Commerce
m LONDON, August IL, 1880.
The state OF the cotton market authorizes belief
that the present prices will give way Gurino the
present season The consumption has lncreas
ed very considerably within the last wear. ana the
stock on hand is 100000 bales less than last venr
hehchester, according to letter received to-day
Is full oideaers and buyers from all parts OF EnpIapd
ana the market Is represented to be bare Of manu-
Iactufes. The growth of cotton cannot be suddenly
Increased, and nothing OF consequence can be pro-
cured Tor Ia months irom the East Indies to alter
the Ordinary proportion Of supplies drawn frora that
quarter OF the world
The prices OF F ench stocks here hove ra.cl,d
the prices that existed prior 10 the recent revolution
1T Is SAID that Mr. Roth chile the great supnor,cr
ana contractor of all the loans of the principal mon
archies OF Europe, completely deceived bv the
assurances OF Poignac, that the late Ministry of
Charles Y. had determined to have no COUP Ietot
whatever Mr.. Z. .rcma natural confidence IN the
sincerity CT such sn!c2n accurances went on for Il
"uy VI INO uuyIHs al me unusually lurpP
agents OF other members ofthe late Cabinet of France
were constantly forcing into the market and the
extraordinary accumulation of stock thus unfairly
thrown upon him, was sufficient TO have ruined him
II tue revolution had not been ACCOMPLISHED spee,Iv
and at last peaceaby. 0uvrard, of whom you viii
near much, is SAID to have been the agent of Pew
ronnet IN sales both of French and of English stocks
American funds are again IN d. mand. The new
pennsylvania 5s are 1881 1914. u. S. Bank 2Sg
div. from July Sales have been made at a7I IT'S
Cd Barring Louisiana IS, lO2. Ohio 6s 49, New
I DIRK 6s l845, Ia IFS.
ihe elections are proceeding in way that ind
cafes very obvious change IN the opinions and feel
lDgs OF the elecors,-a change that cannot fail TO
1ect the tranquility of the present Cabinet and still
more the pride of the urstocracy. In almost eyerv
pace where shadow Of elective freedom exists,
those candidates 1ave been chosen who are known
to be most favorable to economy and reform linda
these circumstances, the Duke, who by nature re-
sPects no mans opinion, will be constrained 10 nav
uh"onted Difference to the temper and demands of
the PuDiic.ahd II report SPEAKS truth. and appear-
ances be not utterly deusive his best method of pay
ing court 10 his royal MASTER consult the inter
est and Will not alone of the mobiles and the rich
nut OF The whole mass ofthe people ofthe United
Kingdom
You will III the papers frequent illusions to n
secret cooperation, the part of the Duke of Well
lngton with the absurd projects OF the Cabinet of
france One paper, The Age has gone SO far as
10 declare, mat letter OF encoura cement was add
dressed by him 10 Poignac, on the very eve of the
Crisis IN which the latter was exhoted Ito be firm
and that every thing would turn out we'll" Tbs
journal however, IS notorious for it's raccss SANDERS
and Shameless alsehoods but still the Courier which
affects TO remain the organ heretofore of the Cab
met called upon The Age to declare what the let
el contained to produce 1t, at least to name anv
individual who had seen 1t, and if unable 10 do So TO
acknowledge the whole story be felton, as il
the opinion of the Courier, the public already consi
dered 1T But the truth is the public are not entirely
persuaded Of the falsity of the imputation The
Erench have always believed Polgnac TO be an in
strument OF the Duke OF Wellington, and whether
tier snpposItion that he first duly instructed here
during long embassy, and their despatch to put his
instructions III execution under The sanction of his
sovereign De rue false, still must be confess
ed TIA there did exist the opportunity for arranging
such pans TO strengthen the hands Of the King OF
france, rs were attempted 10 be accomplishment
the natural disposition OF the Duke is IN favor Of
arbitrary powef;- that he might more easily man
age France, if she were held under the absolute con
troi single head, than if the wishes of more than
thirty millions Were to be consulted land in this case
the weaber the sovereign's intellect and the more
penurlous and coVetous his Cabinet the beforehand
that there was, in the late aggressious on the hber
ty OF the press in England, France the and Neither
lands, such striking and unusual identity of purpose
and character and such coincidence in point of
time, as would De quite sufficient in any ordinary case
to shew concert and understanding between the
different Cabinets.