Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-10-25
British manufacture will severely suffer.


The mission of the Right Honorable Henry Ellis 10
BRAZIL respecting the near termination OF our CONNER
cia treaty with that country, has attracted consdern
BILE attention The object is understood to be the OBJ
tainng of modification, if not an abandonment, OF
design OF the Brazilian Government TO lay heavy i'm
port duties upon British manufactures.
4, The effects of the concessions in the British Tariff
are beginning to show themselves. Foreign produce is
rapidly coming into competition with that Of the home
ogricuituras,s. Accounts from different parts Of the
country agree in stating that fall in The prices Of live
stock has taken place to considerable extent That
q still further fall is confidently anticipated may be
gathered from the terms upon which Government have
just concluded their for beef and pork for the
use of the navy
These are stated to have been from 27s to sos.
terce lower than the last contract price, twelve months
ago, and the unsuccessful competitors declare them
be ruuons supposing the prices of stock to remain
as they at present 1t is clear, therefore, that
lower range of prices have been calculated upon.
and those at which the contracts have been taken, may
not mprnhably tend, in degree, to produce thus
result. Up 10 this time however, the quantity OF To-
reign cattle imported, has borne very insignificant
proportion to the home tred brought tn market
The national securities have been depressed during
the past week by the announcement that the urn 81
aless.s. King and Melville and that of aessrs Hill
and Co, corn factors, had been obliged to suspend
payments, in Consequence of the recent serious de-
cline in the price OF wheat, whereof they were holl-
crs TO large amount. 1t is feared, indeed, that the
mischief is not all known, aud that further failures may
|
ready be added that of Hayes, Irvine Il Anderson, a
very respectable firm and that of iienun q Co in
| the Italian trade
The unsatisfactory condition Of credit in general has
raised the Of money accommodation IN the discount
world to parties who mar require it extensively; but
in ordinary transactions do not believe it can be
quoted higher than q TO q per cent al least several
of the leading houses profess to be dong bills at this
rate. The temporary advance IN tie value OF cash,
said have occurred al the Stock Exchange, prInci-
pally results from the settlement Of the halt monthly
account in foreign stocks and shares and the few sales
of money stock the convenience of the public,
who bis period usually require additional capital to
meet taxes, &c
Prices have declined for most descriptions Of produce
during the past week, very extensive parcels having
pressed upon The market both by private contract
and public sale-ndced the quantity brought forward
has been greater than has been the during the
same space of time this year, the principal part OF the
goods, however, has been actually sold. The home
demand no wing been good ard there being still several
export orders for varicrs af the leading continental
markets, there is s feeling TO speculate IN articles
where prices rule low, and stocks moderate. The
arrivals have been to large extent and many import
ami auctions declared
| The frauds at the Custom House, now in course OF
investigation, topic of much inquiry. The wish
is almost universally expressed that all those who have
participated in the frauds should be publicly exposed,
and as has been frequently the case, fined privately
under the process Of an excheqner writ.
| decided Improvement has taken place in the ma
!
have returned 10 their work. but Of them still
disconnected and are threatening more formidable
strike at future time. At ArdrIe and Newbatte,
outrages have been committed by the Golfers but they
not serious as heretofore. Accounts received
from Glasgow relative to the turn out OF the Glasgow
suinners have naturally excited attention. and lead to
apprehension of further interruption to manufacturing
pursuits should the injurious example be followed
At Manchester, and other places matters are settling
down. and every facility again exists for the execution
f ind Il IN.
3D. The cotton market at Liverpool is still without
animation-.N. J. Couritr.
tFrom HTlmcr's AMERICAN .Ners Letter. cfthe 4h insf.)
In the carly part of the last fortnight the London pa
pers were almost wholly engaged in discussing the
merits and dement's Of the treaty lately concluded be-
tween Great Britain and the u States, and the general
tendency of what has been written appears to induce
the belief that it is generally considered TO favor tho
United States and OF prendIcal to Great Bril-
tain We believe are correct in sitting that poll
tics have had very little Influence in the discussion of
the question, and from what we gather from the
leading journals il is considered that England has made
many concessions which not only prejudc'al but
actually dishonorabe to her 1t is argued that Great
Britain has given up by this treaty to the Americans two
thirds ofan extensive territory, TO the whole Of which re-
cent surveys prove her justly entitled Again, il az.
gued that Great Britain has virtually acknowledged the
claim of the u S. even 10 The third which has been
retained by England, because is agreed to purchase
that third by giving TO the people Of Maine right freely
navigate the St john from its source 10 It's mouth
Such are the opinions of the British public upon the
treaty settling and defining The Northeastern Boundary.
The trade in the manufacturing districts, and gene
rally throughout the country, has not undergone any
change of moment since The sailing OF the last steamer
During the past week the London Money Market has
been some W hat animated than the week which
preceded it, and the value Of stocks had tendency
to improve The Corn trade is at present attracting
good deal of attic non, from the fact that the operations
of the law is said TO have brought about very many
extensive failures The valGe both of flour ind wheat OF
all descriptions has for time been depecatiDg md
at the present time it is stated that Canadian flour ia
selling in this country nj loss OF ten shliIngs per bar
rel and it is expected that great sacrifices will even
vet have to be made. There have certainly been
heavy failures in tie trade during the last fortnight,
bu, whether the operation of the new corn law is the
cause is cnothcr question. The Liverpool cotton mar
ket continues dull and inanIma:e with prices much
about the same as those Of this day fortnight.
The Marquis of Wellesley, eldest brother Of the
Duke Of Wellington, died on the I'd inst, in the SGD
year Of his age
The English Government hold The blockade of Tam
pco and Vera Cruz, proclaimed by the President &C
Texas, 10 be NULL no naval force having been sent to
enforce it.
The military force in Canada is TO be reduced mme
dstely, and, should the war in ChnaconEna several
regiments will proceed from America 10 the East.
| Duties on Totaceo--The American Chamber Of Com
merce of Liverpool has addressed memorial 10 the
Premier, respecting the heavy duties on "bncco. The
memoralsts represent that an Immense amount Of the
tobacco is struggled into the country and that If the
duty were lowered to Is the revenue would not lose
as the consumption would increase, and The expense of
projecting The revenue would be lessencd
/ Foyeion ProrsionS- Somewhat OF "scnsatron"
was produced in neighborhood Of Chard las. week
BY the introduction of American pork and beef reialed
at from 3td 10 4Ad per h. The anxiety manifested by
the people 10 obtain cheap food not slow in mani
Testing itself, and the first consignment of pork
cleared in few hours being expected this week
The importation of meat exciies good deal of alarm
among the grazers, who anticipate, in consequence
serious de Of prices for if provisions
dered at such low in antic patton Of the
auction Of import duty, which comes INTO operation
The 10 ns they will be considerably lower after that
lime. The qnaiy the American barreed provisions
| IS pronounced 20 be excellent.
The news from the Cape Of Good Hope is very wei.
come after the gloomy rumors that had previously