The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1840-01-23
FOREIGN NEWS.
THE NEWS FROM ENGLAND.

evening OF the ith Decenoel'
The complexion of the commercial IN.
telhrence is as well as was expected, ana
better. Cotton is rather lower, but thai
was expected, and so is still further de-
cline. Information respecting American
stocks from the letters Of the principal
London bankers shows distinct change
for the better.
The London Spectator, under date OF
Saturday, December Z, IL o'clock states
/ that an arrangement has been concluded
1 between the Messrs. Rothsehlld and the
agent of the United States Bank, by which
the said firm have contracted to advance
fl 900, 900 sterling upon the deposite Of
States stocks, TO the same amount oil b.
sues and debennres, bearing interest at
the rate of 6 per cent. per annum The
price of these debentures has been fixed
at "a, with per cent. commission, and
they are redcemable at par IN two years"
The brig Petrol, bound from Dalhousle,
! Nova Scotia, to Stockton, with timber. was
cast away November 26th on the coast Of
!. Fife, and all on board persisted, except one
seaman. Among the lost was lady, IN
whose trunk was found 9400 in bank bills.
The brig had touched at Stromness, where
the unfortunate woman got on board
Her name was Elizabeth Wagstaff. The
gale is represented 10 have been severe m
the extreme.
The deccase of daughter Of Lord
Brougham is mentioned IN the papers.
The Portuguese Minister of Foreign
Affairs, in a note to the British Minister
at Lisbon, says, :" Her Majesty's Govern
mcnt cannot By any means admit the right,
which the British Government arrogates
by virtue Of the bill presented 10 Parlia-
nicnt, to give the instructions TO which his
lordship aliudes for the capture and dlspo.
sal of vessels found trading IN slaves under
tho Portuguese flag, and south OF the
Equator"
LONDON, Orc. 3.-The accounts from
the United States by the Great Western
leave no doubt whatever of the ability Of
the New York banks TO sustain specie pay
ments and this, having now been put SUI.
iiciently To the test, Is received here as 4
favorable omen for the establishment OF a
better state OF things in that country, and
of the renewal Of trade with II by Great
Britain, not perhaps TO the extrasagant
state Of il lately existing but TO such an
extent MS it ought TO attain, and IS consis-
tent with safe and regular returns for It.
We shall take no more State stocks from
the Americans as rcmlilaBces for very
long time, because importers, finding no
vent for them at home, will no longer re-
cciye them in payment, but they will send
10 us and Europe generally cotton, tobacco,
corn, and other produce, quite equal 10, II
DOT much better than, specie. Large re-
. mittances of this kind are said TO have ar.
: rived By the Great Western, consisting
chiefly OF balls drawn against large ship
menis of corn to France, but which wlli he
available rs an instrument for rcctiiying
the exchanges IN this country. Further,
large orders Of tho same KIND were sent
out by the British Queen, II hayin become
great Government object IN France, rs a
means Of safety against popular tumnlls, 10
secure the most abundant stock of gram, for
which America presented the best market.
On the whole, the difficulties under
which trade Iahored IN the United States
have not been, 10 point Of fact, materially
relieved. Ii Is the prospect only which Is
decidedly better, and for that both coun.
tries are indebted 10 the frnness Of the
New York banks in ndhering to their en-.
gagements. A contrary course would have
led 10 another general suspension all over
the Union, and then years would have been
c required to bring It's trade into safe position.
) The prevalence Of an impression that
!. the accounts from the United States by the
: Great Western are altogether Of more
: favorable complexion, produced animproye.
!. meat IN the funds.-Iimes
Il LoNDoN, DEC. THE shares Of the
4 United States Bank were done to-day to
i some extent at GIG los. This is better
by los. per share than they were previous.
d y quoted.
; The American Minister and Mrs. Ste.
i yenson have returned TO town from their
IS tour in the North Of England.
0 South American BlockGdcS.-Th mer.
i chants Of Liverpool have resolved TO make
= such energetic rcmonstranccs on the ruin
: occasioned to our trade by the santon az.
j. gressions of tho French, as even Lord Pal.
!, merston shall be compelled to hear. We
+ trust the commercial interest throughout
!, the country will second the appeal. The
i closing Of South America IS the main cause
Q Of the distressing stagnatlon Of commerce.
j -HaHfhegtfr Chronicle.
S Accounts had been received by the last
: s:eam-packet from Galatz Of numerous
$ shipwrccks in the Back Sea. Ten OF
/ twelve vessels had been lost near the San
a Giorgio, mouth Of the Danube, and among
/ them were an Austrian brig, bound from
r London 10 Odessa, with cargo OF colonial
productions, and Russian war transport.
LONDON, Nov. 30.-Wc learn that the
French and Dutch governments are ncgo-
s tiating a treaty Of commerce, one OF the
Z chief objects of which has for its object 10
$ admit French Colonial sugars into Holland