Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-10-05

logic--in producing opposite effects. Now Il will
dsprsss securities. and anoa il viii advance their
value. Country gentlemen, who arc rePosiny on tie
margin o. an segan; rsut stream, and vote hard for
the corn-law, Cannot stand the smell Of satpetre-
aud when the name Of France 10 spoken u, rather
emphaticay, AS augmenting her army, they damn
the wings without benefit Of clergy. See anarchy
and revolution designating their bacolcal retreat
aud send up orders to sell stock These dignitares,
the ola Soun,ry gentlemen, see secondary causes in
the panic which afiicts markets in commerce
ard, uati their apprehensious are senced, We shall
be suhjec, the influence of much uncertainty. As
we are revelling in the silvan retreats Of Eng
land, we may briefly notice the working ofthe corn
law. The landlords of England, who, in rouad num-
bers amoan, 00O0 have laborcd hard TO maintain
the most hollow fallacies on this law-and amongst
them, too the most absurd that the earn law,
rs il now stasds. on its ascending and descending
scale is the farmers and laborers frend-as 1t gives
the farmer exclusive privilege of supplying the
home market, and il adds to the value OF grain, by
which enhancement is caused to the wages OF la
bor Let if such be really tAc effect OF the
corn-iaw Farmers have leased their land u the an
nual tenants at very high rents, in the expectation
that grain would maintain the high and eXorbitant
price that it did in the year past away The growth
this in England turns out to be heavy bat just
preceding the harvest the price OF grain advanced
so TO allow forei to come into our at
the nominal duty Of Is 81 per quarter, and large
quantity Of wheat, nearly 100000 quarters, has
been released at this low rate of duty which has had
the cfec. of dspreciating the value Of grain consi
derably. The corn-law then does not appear TO be
the friend OF the farmer, and with its tenderness for
the laborer it is easily disposed Of In the year 1895.
we were in The midst of several very abundant har
vests, and wheat then averaged 39s. the quarter
Whilst, then, two years passed away, the average
price Of wheat has been 75s to Sos.
The landlords theory would show that the laborcr
would be in better condition in 1889, than in 1885,
for wages in the latter years must have advanced in
greater ratio than the price OF grain, but Little
reflection will shew the converse OF the position to
be true Without attempting to go into the cond
ton of wages in our manufacturing dis,rics-andI
think it may be safely affirmed, that wages were less
in 1859 than in lS}j-wc will merely look at the
condition Of the wages OF the large class Of people
which do not change, bat work at fixed sum, such
as watermen, coachmen, perters, Sc. The accurscd
corn law OF England is enough to call down the
wrath OF heaven. The mortality of Engand in
creases by the advanced prlce Of grain-aisease and
pestiesee la one Of my late letters, stated that
the report Of the Registrar General placed sixteen
deaths from iarvaton-it should have been o5, and
that only extends even six months.
You hear Of us. with Prince noble Duke in
the chair enng meetings. TO express our horror
of slavery-down with chains, is the cry-emanci-
pate, emancipate. But, look at the slavery which
prevails here. What is the constitution of England
worth, 80 GOO Fat red nosed landlords raise the
prices of penny rolls to fourpenee. and send into An
grave mutiiudes Of their fellow creaturcsl
In the time Of war, and when aggression threatens,
we hear" England expects every man 20 do his
du,v."
TIE United States has vital interest in this Corn
Law Of England. Your citizens could well en-
riey themselves 10 convene meetings, and subscribe
capital TO further repeal in England In the gradual
0difcat Of ysur tariff il SHOULD be made impera-
tive that England admit your treadsufs, else yeur
trade will cease. England is now attempting by her
east possessions in India, 60 make herself indepen-
dent of you in cotton Which, il efcctuai, must
cause much displacement OF capital.
In court matters there is no particular novelty
Public sympathy is awakey cd for the Interesting con-
dtion of the Queen, as the time OF her trial APP
proaches. The royal nursery is already constructed
and arranged. The event r. To be annouuced to the
community by discharge OF 100 pieces of cannon and
it is expected tina; silence will be strictly enjoincd
the vii will cease, and the breath OF heaven be
st-ths. all the hearts Of England may be enlisht-
ened ~ the same moment
Several Of the dcmrstics. Lords Of the BcdchsM-
Der, auk. Esquires Of the Kitchen, have been dis
missed he service OF the Queen, as it is supposed
a regular conspiracy Yves concerted TO rob Prince
Albert OF the eamosd pin To which formerly re-
ferrcd.
Prince Albert has been admitted into the Privy
Coaacii and he is now constituted of The hieh
and mighty legislators OF the land. He sits on she
right of the cacen.
The Princess Augusta is in an alarming state Of
Illness, and our Journals daily inform us Of the
act amount Of pain and suffering the Princess en-
duTcs
There really now apprar. 10 be signs ef. CO.
atioe between the Wigs and Tories. O'Consell
and the Radicals generally are strengt heniry their
ranks, that they may be the better prepared 10
sist such political combination.
There is nothing doiag In American securities.
The spoDdeucc he Hlddle and w ebster
on the valuc Of American credit, has been severely
commented on as solemn twaddle. But it comes
from the men who instinctively hate democracy.
Where IS there ourer. brighter stream than Am--
r.can integri u has the purity OF the waters thc
Ohio, and toe broad eSpc sc of the Mississippi
The Joint Stock Bank interest is oryani ing itself
an England To strip the Bank Of England Of IF
its restrictive regulations. Money is again very
sight; q per eeat j. obialsable good bills. Cotton
Is az present rather dull. JoSAratS
Dust The Earl of Cardigan and Iientenant
Tucke;t, r. ". fought duel on Wimbledon Com
the 18th alt. Tue first fire was Intellectual,
bat al the second the Lieutenant received the ball of
his antagonist the right hip bone, SCATTERING and
passing iransversey, came oat over the spine Of the
back bone. The Earl ana'the two seconds were ar
rested by miller who had been specially dePuted
to look out for daeists. the spot They were tn
kes before a magistrate aud held to bail in fi00c
each. The wounded na1 and she surgeon were per-
nNed to 20 to the residence ofthc Lieutenant where
his wound was dres~ed, and he Is likely to do we'll
DsrcAsTnE RAoss-The great st. Legcr came
off, according to sssrai custom, the 18th Of Sep
tembor The following ia the Official report Of the
Judges ofthc days .eort -
The ST. LogcT Stakes o. 80 each a. Tor three
oil cois, st 1lh aud Giles, sst an; the second
suisl
Lord w..tr,instrr' tr lsuneelo,
Lord Ws-tmnser's C Nstoop
Won clcv ely 10 Laancelot Eight others started