The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-09-07
New Fork Correspondence.
New YoRK, September 4, ls4l

i
| You will have received the European news
brought by the Britannia before this reaches
you. Its political aspects are not Of imminent
importance. France is smouldering volcano,
whose burning lava will ere long devastate the
plains and valleys of Europe. Spain is more
Tranquil, and appears TO be somewhat improving
her internal condition but her finances are IN
wretched condition. Switzerland IS stu rent
with intestine commotion, originating IN the
weakness of her Central Government Ger
many IS yieing with France in efforts to drase
Belgium into intricate Commercial Union.
Russia talks of re-establishing the kingdom OF
Poland, not of course independent but
subsidiary power, and will probably end in talk
ing. Turkey is mainly tranquilized; the insur-
rection in Gambia suppressed, the differences
with the Pacha Of Egypt fully settled; and the
latter has volunteered to recognize the holy
city Of Mecca, now held by some schismatc
Arab Chief. From China the news is not so
late as our direct advices
But ENGLAND is the great theatre of interest.
Lord John Russell has specially summoned his
Parliamentary supporters TO attend the opening
of the new session, which would seem to argue
that he will not even yet yield his hold or Office
without struggle. The excitement on the
Mcleod question is increased by the decision
of the Supreme Court of this State in the case
of Mcleod. OF this more hereafter
The state of the Markets engrosses public
interest here. Owing 10 long continued cold,
rainy weather, the gram harvest is certain 10 be
exceedingly late, nearly certain TO be somewhat
deficient, and probably considerably so. All ad-
NIT that more or less bread -stuffs will be needed
from abroad. This has had its natural effect
upon prices, which have risen within the last
three weeks1apidly. American Flour in bond
&. e. duty unpaid rose from IS TO 35 shillings
per barrel, in grain Sc 10 So 40! A few days
Of bright weather just before the Britannia
sailed had revived the dropping hopes of the
husbandman and Flour is quoted in some of
the circulars at 33s. or 81 92 but cannot learn
that any sales were made at that rate. This is
most important event for our side Of the wa
ter. Cotton on the other hand had fallen hea-
Willy and then rallied partially, but its average
price was fully Lid. lower when the Britannia
sailed than at our last previous advices. The
consequent decline in this city is oday fixed at
1-4c. per ID. or 81 per bale.
The Grain Market in this city has fully felt
the force of these advices. Heavy orders are
understood to have come out by the Britannia,
and before the news was fairly disseminated
through our city, sharp spectators from Boston
and elsewhere had picked up good deal Of
Flour at former prices, CSC 75,) but as soon
the news become known, the price run up at
once TO 81 SO and even IS per Dbl, and Wheat
TO ST. 80 ST. SIS. These rates were manifest
ly too high, however, and to-day prices have
receded to 81 rs 81 81, at which they are
firmly established, showing an advance of so a
62c. Some choice brands are held even higher.
There is very little other news here of inte-
rest The clerks in our retail stores have by
concert, effected very general closing Of the
stores at o'clock, p. M. This is most salu-
ary reform
In politics, we await with anxiety each sue
cessive arrival from Washington, but advices
generally affirm that the President will veto
the new Bank bill, but many refuse to believe it.
Yours, HAROLD.