The Northern star, and constitutionalist. [volume] (Warren, R.I.) 1834-1837, 1837-07-15

. """so "ou'o not De better, even now T.,
F, 90 back where you started froml Copsids, ,;'
question, and give your answer at the PoH, ~
LOVER OF CoNs1srEscx
SEVEN DAYS LATER FROM FIT
ROPE.
BY the packet ship Oxford, which =,
rived at New York from Liverpool, on
Monday morning, London dates Of the od
and liverpool oflhe Sd ult. have been re.
ceived.
The news Of the Suspension of s,eo;.
payments in this country had ~"
heard; the latest adyices being sh".. &c" &c"
RED out by the Roscoe, which sailed from
New Yo'k on the day preceding the suS.
pensions in that city.
1t will be seen by our extracts that ,t..
monetary affairs abroad were in a ve,v
unsettled state and that ffeqLent meet.
ings had been held by the Directors Of
the Bank OF England, to deliberate upon
the exPediency Of extending farther aid 10
certain American Houses, which had al.
ready obtained assistance from that Irsli.
tuition. The result of the meetings wa.
unfavorable; in consequence of which. i
is reported, that the houses of Thomas
Wilson & Co., and Timothy Virgins,
both very largely engaged in The Amer.
can and Foreign Trade, have been com.
PEELED to stop.
The New York Commercial considers
the intelligence as respects the former Of
these houses, to be incorrect; as the agent
in that city has had no such advices. Fri.
vate letters received in New York, an.
nounce the failure of Welde g. Co.
The Liverpool cotton market was brisk
on the Cd ult and the sales OF the week
had reached 10000 bags, with an advance
in price OF l-8 TO Ia per ID.
ENGLAND. The intelligence from New
York, communicated in our paper of yes-
terday, has produced very unravorabIe
impression in the city, and the gloomest
aPprehensions arc being INDUCED in. The
next arrivals will, we hope, be more fayo.
rable. lfthe panic that had made its ap.
pearance in New York became conta.
gious, and general run were made by
the holders of bank notes and deposits, i
is impossible to predicate what the result
may have been; but it is believed, in the
best informed quarters, that this would MT
be the case, and that the merchants and
the inhabitants generally would see that
their interests were identified with the
stability 6f the banks, and would conse-
Equently abstain from pressing OH the lat.
ter. The refusal ofthe President to sus.
pend the Treasury Order, so much ol.
|jected to by the merchants, has been bit.
terly censured in New York, but the re-
fusal was anticipated, and we are assured
that, speaking generally, it is very far, in.
deed, from being an unpopular measure.
London Courier, May 81.
From the Liverpool Chronicle of June Sd.
UNITED STATES. The intellic ence re-
ceived by the Roscoe, which arrived here
Oh Monday, is even more unlavorable
than any preceding news from America.
Failures were Of daily occurrence, and
the whole commercial community was IN
state OF complete disorg II
was decided. al a public meeting of the
merchants Of New York, that a dcputa.
tion should proceed to Washington for
the purpose Of having an interview with
the President on the subject OF the exist.
ing distress. The deputatation were re-
quested 10 urge upon him three things
the repeal OF the specie circular, the re.
mission, for time, Of the Custom House
Bonds; and the necessity Of convening an
extra meeting Of Congress in the preseu!
jeplorable state of the country.
FRANCE. The Paris papers of May
%l arc, as respects domestic matter, ex-
cluslvely occupied with the marriage Of
the Duke Of Orleans 10 the Princes. He
lena, Of Mecklenburgh Schwerin, which
took place at Fontainbleau, on Tuesday
evecing, the 3Oth ult.
II appears that the Royal couple were
thrice married-first, by the civil magis-
trste, without which, no marriage is valid
IN France; secondly, by a Lutheran cIer'
gyman (the Rev M. Cuvier;) and thirdly,
according TO the rites Of the Roman Cath.
olic church by the Bishop Of Meaux.
Paris, May 29.-The failure of on A.
merican house 10 the extent Of 10, ,OOO,'
OOOf. was the general subject Of conver-
sa'ion on Change on Saturday. The a.
mount OF It's engagements has been, how.
ever, greatly exaggerated. Persons well
informed on the subject state their Iiablli'
ties to be indeed lrifing, considering The
extent of their business. 1t is even al
hrmed that they hope very soon TO bea
) bic TO resume their payments, and lhalno
one will be loser by them.