Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-10-02
FOREIGN.
EUROPEAN AFFAIRS.

EUROFEAN AFFAIRS.
We subion few additional items Of interest received
by the steam ship Great Western.
The following is extract Of letter 10 the editor Of
the New York Courier the subject Of the English
harvest aud the present and anticipated prices OF Gan
II is dated al London, September Z:
Notwithstanding the amendment of the weather and
that we have had three weeks of almost uninterrupted
heat, yet this change has unfor,una,e arrived
too late TO enable Us 10 reap abundant, or eren cr
ceprg in two OF the most Southern counties, any
thing approaching 10 average crop The wheat will
be g ht in weight and soft in quaty-and at Mark Lane
Yesterday there scarcely any samples which the
inilers would purchase nj any pricewhilst sound old
English Danizc sold readily al the exoI btant price
of 7s per quarter eight Winchester bushels, allow
ing for the difference in quality this price may be taken
nj So - for 6ushcl n American wheat This condition
Of the ade is doubly important 10 your merchants
al the present me-rom the circumstance that the duty
upon tnreign wheat has now come down To The small
rate Uf shillngs and eight peace per quarter, by
reason of the ascending and descending system of duty
upon which The English corn laws ure framed. There
tore at the present moment there is virtually free trade
in coIn-for the small duty OF about half dollar
eicht bushels Of wheat, is little more than nominal
smoun and thus is the great English market now open
70 your four wheat and Indian corn, after having re
manned closed for so long series OF years. But spe
cuators and exporters your side o! the water must
bear carefully in mind, that this low rate oil duty may
or may moi continuation the average price 10 stuck up
the Board Of Trade in London each week, from The
averages Of the prices Of corn Tor the preceding SIX
weeks al $50 different market towns; and mus II The
averages should be higher Thursday next, the duty
may be further reduced shilling per quarter; or
should they he lower, the duty may be again Us, lbs,
even 3os per quarter, according TO the extent IN
which prices Of Corn may have fallen To estimate
the probability Of such rise fall in prices, and conse
quen the duty the circumstances Of the harvest in
England, and in the Baltic nations, and the United
States must be taken into the account as leading to
conclusion as the probable amount of the supplies
Respecting the harvest in England it has been already
~.pained 10 be deficient in quality and quantity; and
the latest intelligence from Germany and the Polish
provinces describes the TO have been equally
Guild and rainy, and the fine weather Of the month
Of August to have, in England arrived too late for
fully Benns The crops of wheat; and TO all this is
be added The circumstance, that in all The ports oil
The Baltic there are no, three hundred thousand quar-
tiers Of old corn and the quantity in bond in Eng land
no, more Than 700GC0 quartcrs-aosether conS'dera'
bly, less Than the whole consumption OF Great Britain
for the short period Of three weeks. If there be not
therefore in The United States go great surplus,