The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1837-06-16
FOREIGN NEWS.
Men York, Saturday, Jun.
LATER FROM EUROPE

By the Pennsylvania, Captain Sui,b
have received London papers of lbe -
April, and Liverpool Of the 25th. be,nr
day of sailing. The news is all imno,,..
aud has been looked for with the pre-
anxiety. Hundreds Of persons cresdsd
bout the printing offices as soon as,bs =
ter bags reached the city, and the i.
has had, and will have, a good eiIec, ~.
the business Of the city. ~
ENGLAND.
The latest adyices from New York
Of the Sd, when the failure of The Jo..s
was known to be complete, and had =.
followed by that OF heavy houses ii N.'
Orleans; but the crisis in New Yo,. !.
the country generally, had not thea !.
reached BY a long distance. We mus, =
look forward. Ii will be seen that ,bo +
s. Bank bonds issued for remittances ~.
10 high credit at Liverpool, and The -.
would be the effect in London.
ENGLAND-THE MONEY MARKET
Money was more abundant, and /.
Bonds of the L. S. Bank would 30 ds 1
be readily discounted. Sales Of L s. B,-
shares u, f23.
Cotton I'd. per ID. higher.
The intelligence which the packets 4
s,h aud 10th carry out, would cast -.
shade over their cherriulness.
The London Morning Herald Of the ID
says lhai-Tbe creates, anxiety cOo!s !,
to prevail IN the commercial Interests "a
nected with the trade TO the United IA )
aud the commercial adyiccs received ), n
packet Of the oath ul,imo, have not i,ss
to relieve that feeling. The particular !
those advices were fully detailed 10 3
Journal this morning, and they hay. ~
corroboraied by the private letters paa
were received by tha, packet. Late, Is,
ever, this evening, an express was rec,rs
nj the North and South American CO,
House, announcing the arrival OF he 6
pheus, a, Liverpool, which sailed from u,
York on the ST instant, and i, nav rvas
| ly be imagined that no small degree Of ~
Iety prevailed some time TO ascertain Il. ,
,uro OF the commercial intelligence broe!s
by her. No commercial letters OF psg,
have been received here, bu, i, Is uhder,sa
tina, SINCE the sailing of the paeke, Of i
Gath ultimo, several failures had u,s
place 10 New York, New Orleans, and s,.s
cities. It's estimated that the comusra
/ failures IN the United States have alrga.
amounted TO 90, 600, 900 Of dollars eoi i
actual stale OF affairs, on tho other We
the Atlantic, canno, 10 rightly esilHaa
until the nature OF the commercial cofs
Pondence, brsugh, BY this packet and !
successors, iransplrcs.
The state Of commercial credit it
city has 10, refrigerated to day m fact las
are symptoms OF greater confidence, ",
We trust, will daily increase ; and We y
that the cautious conduct and prud,t
arrangements of some of The Amen1
houses, have tended much to the pre-
improvement 10 tho commercial ma
market. There cannot, however, b. i
douh, bu, iha. eventually the state q .
affairs OF American merchants vii b.
the wholesome effect Of destroying na
Of the overwhelming mo0opol,es 10 eotcs
ton with the lrade, not only OF the tas
Slcies, bot also, with British North Ara'
ca. As We stated some few days ago y
apprehended tina, the opening Of the tn
10 China and the East Indies, Which ]
been so freely entered into by the ARA
cans, IS likely TO create disasters even gvs
or than those whsch have already als
place. A very considerable portion d %
must therefore elapse ere the trade beis'a
this country and the L. States can b .
solved into a healthy condition.
/ The accounts from the manulseia's'
districts are any thing bu, favorable. u
interruption OF our trade with Amsrlci Y
pears already TO DO seriously felt, snd :
letters state that thousand Of people ~
been thrown out Of work. and place. I
the result Of an artificial system Of irn
upon the tender mercies Of the nes ''1
laws.
An announcement was made this iif
roon OF the failure oil large manuiae'ai''
concern; but VIC understand that the 2
ments Of the firm will be shortly resurnes
/ Mr. Cass, Minister PIenipotenlIary ~
the United States a, the Court Of he Il
cries, had arrived at Marsciles with q -
OF twelve persons, where no waited 90 y
merlcan vessel from Port Mahou to cor
him to Constantinople. The object o. ].
journey is again stated to be to Obtain ~
the Porte the ceSsion OF port or POI" /
the Mediterranean.
/ There is nothing IN tho French l0Ofp
TO induce the belief that the CONNER /
distress efistinu in Eranre was subsigAt