Litchfield enquirer., 1837-05-11

been from 100 to 700 bales, find themselves forced to sacrifice many of their slaves, in order to get the common neceSsaries of life for the support of themselves and the rest of their negroes. In one instance, a small plan- , ter, whose hopes ran high last winter, and who owned twenty two slaves, sold three of his best men, for which he actually paid $32OO, for $659, to buy pork and corn for the remainder. In many places, heavy planters compel their slaves to fish for the means of subsistence, rather than sell them at such ru- inous rates. There are at this moment thou sands of slaves in Mississippi, that know not where their next morsel is to come froHI.- The master must be ruined t0 save fhe wretches from being starved.
 The currency of the State is in the worst possible condition. We see the Banks refu- sing 10 pay silver, and proposing to shave thelr own paper. A gentleman the other day at Natchez, having $3OOO of the Planters' Bank, demanded the specie for the same, It was refused. United States paper at per cent premium, for English sovereigns valu- ed at $5 and current for $4 97, were offered. Thus is the honest dealer compelled to'use the depreciated rags of the Banks, or forced to pay an exorbitant premium for that which is convertible into par value. We do not know what this means, but it savers very strongly of preying on the vitals of the pub lie at moment when the greatest distress prevails, caused too by the improper man. agement of these very institutions.
 NEw-YoRK, May 1.
 Snce the Bank closed a number of failures have been reported, and several of considerable impor. tance. This week so far has been more calamitous than any snce the pressure commenced. The fall in the pnce ot Cotton has been altogether unexampled
 sale was made to-day of four hundred bales of good GeorgIa and Florida a. seven and half cents This same iot ot cotton was sold on the ls April at l2 l2 cents difference in the fall about eight housa do- lars. It this is the loss four hundred bales what must be the loss on even that hand in this ci- N. The present price of cotton is below that ever known. In 1911, when cotton at the lowest, th,s lot would have sold for more than it has brought to- day.-ErpreSS.
 Friday, 5th, 6 P. M.
 The day has closed with less failures than usual- Only three have been added to the list of unfrtunaes Some of the Brokers have taken Western Safety Fund noes at 3 and 1 per cent discount Pr"duce has fallen within few days very much. Pork has declined two dollars, Flour half dollar, and Grain abuudancc, bu, an over stock. Not three month: ago the public were led to believe that there was great scarcity o every thing in the provision line, but now
 appears that there is an ssock and prices have gone down. The fact is, that many descriptions of the neceSsares of life were mOnopolised. The hold. CTS are forced, by the pressure of the times to 5rng forward the produce and to force sales. Hence the great stock at market and the fall in prices.
 h new England more men discharged from work every day, and more factories are suspending operations: The Northampton (Massl Courier says -" The Wore Wooden .Manyfacfuring Company has been compelled to yield to the pressure of the times aud assign its property. Nearly four hundred hands are employed there, but whether operations will con 'inue or not we do not learn The reduction of hands ai Cabotviie, Chckopee, Enfield and the great Wool len tae,oEy in this ,o~n continues, as they work ing at a loss every day. The Northampton Silk Com. panr had begun the erection of spacious building fer Factory, bu, the pressure a New York, where some Of the heavies, stockholders reside, has caused its erection to be suspended for the present. The ex- enslve Paper Mill Tn this town, which is nearly ready tor operation, will not commence business until better times are discovered ahead" The Greenfield Her aid states that Messrs J. Russell & Ca, the en,crpr- sng prpretors of the Cutlery establishment, of that village have been compelled to discharge upwards of
 y ot their operatives in consequence of the general stagnafion of business. The Worcester tNIass) Soy says That the propre;ors of the extensive Wooiea
 ac'ories at Chappve. have determined to discharge the aborers of the establishment and shuf e gales 6y which about 25o persons. male and female. will be as once thrown out of employment. A part of the hands are already dism;s ed and portions of the works arc stopped. Several other manufacturing ablshmenls in tlia; vicinity are suspendng their operations in whole or ln part