Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1842-11-23
Commercial.
Augusta, Nov. u.

AUGUSTA, NOV. IL.
Remarks.-Since last Friday nothing
has occurred tn change The general depres-
! sion Of our market. No encouraging in-
formation has been received from Europe
and the north. The Liverpool steamer Of
tina 4th instant, is expectrd with some aux-
ieiy, ,l,oughit is apprehended that she
will bring no better news. II is probable
tha, the news will hni be better as regards
prices o! raw materials; but we may re-
ceiye information Of improvement in the
condition Of the European manufactures.
and Of some prospects of M arrangement
10 commercial regulations and tariffs be-
tween ihc EGropenn governments. We
may receive also news of an approaching
settlement Of the difficulties between
England and China. Should such infor-
nations be received, it may not effect an
advance in the marke, for our principal
staple but i, will produce more confidence
in the then existing prices, aud create bet
ter hopes for the future, than it is warrau-
ted al this time 10 indulge 10 the present
condition Of commercial aHaIre. The fac,
is. unfortunately for our planters, Tint the
commercial regulations Of Europe, which
are sill in an unsettled state, and the new
tariff imposed at the last session Of Con-
eress, have all contributed 10 render mer-
camille operations very hazardous, and TO
p~aralize the spirit Of enterprise so charac-
t~erisiic Of our American merchants. IN
! the unsettled states OF commercial affairs
10 Europe, our merchants could not, with
out running much risk, send cargoes on
which, they could not ascertain whatduties
they would have had 10 pay, and for the
returns of which t!,ey could uot calculate
on meeting freight, cost and other charges.
Hence The depression Of the American
shipping interest, which no doubt has had
much influence on the cost OF such arti'
Giles which generally form outward car
goes 10 Europe. Bes;lcs this view of the
s%utjcc,, II Is very apparent, that the late
tariff :,us had mech influence 10 lesseniue
commercial operations. because Of the
prevailing idea ;.,at this tariff cannot re.
mair p~oru,aacn:. and that il will be mate.
rally amented and modified at the ap.
preaching session Of Congress; and as The
session j to end TN the Sd Of March, the
amendments OF notifications will be made,
and take effect, within two or three months,
This mus, create an anxiexty in lbe minds
of commercial mcu, and iuduce them 10
wait for Il fuai adjustment Of The tariff be-
fore they ver,Ur. ~ their usual opera
;ions. This state of uncertainty, in our
commercial laws. AM in European COM
mercial regulations must not doub, have
an injurious effect on our commercial
prosperity, aud enterprise. and much in-
Huence on Our mcaus Of expectation,
whether Of foreign or domestic growth
We IRE o passing a trying season. ~
well for the merchant as for the planter
and farmer; hut The resources Of thisc oun-
try are 50 vast. the people SO industrious
and cnterprising. aud the means Of trade
with foreign nations SO abundant, That we
must pass these trying times with less in
Jury to our prosperity, than other nations
less favored .iian We are. With courage.
perseverance, renewed industry, and a
we'll or iaihcd economy, we can surmounl
all present. difficulties, aud the coming
years will amply repay Us for the Losses
we have sustained, and the anxiety we
have suffered,
Cotion.-Thc receipts have been very
heavy since our las, review. by the rail
road and by wagons, and the shipments
equally large. The sales nFe in proper
,ion to the receipts, bot at very low prices.
Very few Of our planters store their cotton;
and the buyers operate freely on what 10
in the marker. The range Of prices may
be quoted NJ At TO 81 cents. according TO
quality: choice parcels in square bales
wou'd command Z cents. How long
i,esc prices can he maintained. will de-
pend mich on the news TO be received