The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1839-12-13
From .he VIeksburg WIG E1Ira,. PC. I.
ArrfvaI Of &c IBrftiI Queen

b4ldb TIE SOgGOA Alke-tS - AANss4~g
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From the Vieksburg Wing Extra, Dec.
Arrival OF the Birth queen.
By theskindness of Messrs PoRTERFIELD
g. PRATT, of this city, we are in possession
of the New Orleans Builetin-Extra, dated
Wednesday Dec, A, 8 O'Clock p. M. from
which we make the following extracts:
TEN DAYS LATER FROM ENGLAND,
From the New York papers we extract
the annexed items of news by the steam
packet from Liverpool.
Last night the British Queen again arrived
at this port She left Portsmouth on the
5th inst, and brings London dates of the
I'd, Annexed we give the whole of our pri-
vate correspondence, which embraces all the
news. O.
correspondence ofsthe N. Y Courier and Eng.
LONDON, Nov. l, 1889.
The British Queen steam ship having
punctualIy left the Thames ats this MORN
ing, will be at Portsmouth at noon to-mor-
row, and consequently your latest intelii
gence from London must be TO the latest
hour of this afternoon.
The state of the monetery and mercantile
| affairs has not altered for the better since
your preceding accounts by the Great Yves.
tern steam ship-Ror On-the other hand has
there been any great crash, or other outward
event. The continual depression and want
of confidence in the prospects Of general
trade, prevails not in London alone, but
over the whole of the manufacturing dis.
tricts of the north of England; and though
the payment of the October dividends has
had the effect of rendering money more
plentiful at the Stock Exchange, yet the
capitalists are totally unwilling to part with
their resources, unless on the most unexcep-
tionabe ofsecurities, and for very short Pc
RODS of time. A large portion of the divi-
dends has been invested in the three per
cent Consols, and consequently all the rest
of the funds and property in the shares of
every description, have remained unstimu-
lated, by the addition to the circulation,
which has been to the amount Of several
millions of Bank of England notes. 1t is,
however, TO De observed, that the payment
of the devidends has gone off without the IN
usual demand for gold, which the directors
of the Bank Of England had been appfehen
ding for some time before the payments
communicating has there been for some
DAYS past. so much allusion to the
London journals, and in the Stock Ex-I
change to the officers of the Ban K of Eng
land, and the probability Of suspension Of
payments in gold. But still the bullion is
exceedingly and decreasing low. The last
official publication of the assests and liabili-
ties give the whole stock as f2,529,O 900,
which is not more than %. in the pound on
all the liabilities Of the Bank.
The foreign exchanges continue untaVo-
rable-and an unceacing expectation of sill
yer is weekly going forward to Hamburg, StI
Petersburg, and Amsterdam; and the Bank
of England at the same time has exhausted
the credit for z, 10000 with the Bank of
France. One ofthe directors is now in Pa
ris for the purpose Of negotiating aseneWaIl
of this credit and it is even proposed TO 1ex-
tend the amount of credit to 100000; SO
that however large may be the loss to the
Bank of England, by these transactions, il is
clear that the directors are determined al
least to keep open their doors and nav. n
specie whilst it remains in their power 10
procure any where the means of OVERCOMING
the diificulties iii which the establishment
is So deeply involved That the bank can
long continue to 60 on in this manner, is i
not, however, generally believed-for no re-
sources, and no exertions or sacrifices can
withstand the consequences of the defcien-i
sey Of the harvest of The present year-and
as winter approaches the distrnst In the sta
bility Of the Bank of England is almost GER
tain to increase. The northern joint stock
bankers are generally believed to be desi-
Ious Of bringing the Bank of Englandto
stand still, BY paying in greater amount Of
notes than the bullion which appears in the
official publication of the assests-for dis
tinct proposal for q combination for an opera
ton. Of this description has been circulatedl
amongst the joint stock bankers; but this IS
opposed on the ground that, though Il would
be very easy to drain the bullion from the
Bank of England, yet that this would create
q great panic in the country, and would so
derange the whole state Of commercial af-
fairs, 70 appaarsio be an inpfudent opera
ton ct the present tine. as
The quarter whence this movement apainsi
the bank.of England is principally feared BIZ
the directors, is the Bank Of 1anchester--a
Joint stock bank Of great wealth and tweenl
which and lh6 Bank ol England d most vio-
lent feeling ofanim0siiy has prevailed for q
ong TIM I.
THIS bank not only FeflsiQg y arrange for |
he exclusive circulaiio Bank Of Eng /
and notes buE ZEE haligsr Git reason