Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1842-11-15
Foreign News.
Correspondence Of the Ereniag Post.


the disputed territory 10 some purpose. Ias how
ever, IS past matter. Tue hostile tariff Is \
present affair, and in operation, and consequently
exc ties far more interest.
The people Of Birmingham feel particularly ~
grieyed. and desperate schemes Of retaliation ar.
proposed The Birmingham Advertiser in loar
and able article, shows that whilst the Unite States
exports 10 oil other countries only tfiy-two nail on.
of dollars worth Of produce. that she exports q
Great Britain alone sixty millions OF dollars worth.
II Is recommended 10 lcsy duty Of t"o or four
cents on American cotton. TO encourage the growth
and importation of India cotton. and TO close The
ports OF the West Indies against the United 81 ies
fhs Is the first burst Of evaporation, and Is
merely talk, though doubtless the feeling VIII spread
aud take more tangible shape should the Amer can
tariff be likely 10 be continued permanent measure
II s bitterly SAID that u Is response 10 the mod-
icat'ons OF the English tar H. and an opportunity is
thus afforded u the uphoders of monopoly 80 iaunt
the advocates OF free trade with the result If their
appeal TO other nations Al this Is very lament
able but 1t is to be hoped That better understand
ing. manliestng tselt n acts, will be brought about
lll-ieelng 5egets ill-feelng, and wrong is followed
by wrong, aud nothing certainly Will be easier i.an
for England and America 10 inurc each other 10 a
ruinous extent, by commencing war Of tariffs ;
whether they will be absurd enough to do 80. re-
mains to be seen. Such course would, no doubt.
be extremely agreeable TO English and owners and
10 American manufacturers who would then have
= protection for their several interests at The
expense OF the poor public on either side. Let Us
however, hope for better things Let Us hope that
the American tariff is only n temporary revenue ar.
rangement and that the British corn laws are near
their end ; and that the two greatest commerce al
countries Of the world. will 90 hand n hand in a re
turn to something like sound aud common sense
principles and practices.
Speaking of the corn-laws. it is satisfactory to
observe that significant signs are manifes;ng
themselves IN influential quarters. that they viii
not be suffered TO remain as at present The potent
lImes the organ of the mpncyed and mercantile
world, after reviewing SIR Robert Peel's late modl-
fcat0ns OF the slidingscale tells him that success
invites progress, and then uses the following plain
and MOTTO he mistaken language: There has
never been any one reason given COR his Sr Robert :
stopping where he has done. Figures arc roi prin-
cp"s and we have not yet heard any argument for
the particular figures composing the present corn
law scale except that they there. The scalc
has slid once there IS Uisi5ie reason rhv Il ma
NOT absolutely collapse. Duties have dimin sled once
we look TO them waste away a little more
This language would go for very little in an anti
cOrn-law traci-in the columns of the leading sup
porter Of the government, il is pregnant with mean
ing. Some are hopeful enough to believe That
great change viii be maze this next session but
this is doutful. The minister viii probably think
himself entitled to years rest before he takes
another step. The viii be a long. and likely
a fatal one He cannot risk his character by sue
cesson of small changes.
Considerable quantities Of American pork have
arrived in England, and i is spoken Of as a superior
article.
There have lately been some enormous custom
house Frauds which at present undergone
vestigation. Mr.. Todd, Chairman OF the American
Chamber of Commerce. has addressed a letter to
Sir Robert Peel, to show the policy of reducing the
duty tobacco from 3s. to -. order t. defeat
the smuggling, and to increase the legitimate con-
sumption. lie calculates that the revenue would
gam by the reduction, more than half the tobacco
used being Struggled
GREAT BANK FRAUD.
flredi DeflIcaiiou in The Bank Of .ErpcAcs,cr.-
The .Nanage- .3bscouded-W Winners Nesvs Letter
says, during the last ten DAYS the utmost excite
ment and alarm has prevailed Ia consequence of tie
ubscond'ng Of Mr.. Edmund Burdekin, late manager
of the Manchester Bank. Various and conil ctirp
statements have becn freely circulated thc pro-
babe amount VIII ch he nas carried away, bit yet
no accurate idea can be f,rmcd
TIE mode 10 winch Mr.. Burdedn has obtained
the funds with which he has 6ecamred. s tins. Mr.
B. waited upon Air. G.. v. Seed, IN person VINO
passed through the Gazette some TWO years since
and ~Ao. at the time. stood indebted L, the Bank
L lJ,ohO to I2H,lOl. ard represented 30 him tie
desperate position Of the Bank and tie aece-S II
It's raising money promptly by way ct tllis hut IT,
which thc Bank was not then prepared 20 give sal
ne who then consented to do as NJ. =. rcqp ~ed
and bills, the number anl amount of which Mr.. :
took no account. were drawn by lib Seed, and ac-
copied by a John Clark.
One Of these hills fell due on Tucsdqv. tie DIV
on which llr. b. leiJ lavcrnooi tor Ho-'oa The
amount Of funds thus appropriated for asr. -. z 4;
the bills discounted ont OF Tie baak unknown
but var.ously estimated at from cl3,acO - 4 o.
OG0
The box at spcc.-. ~hcb l.t iserpool a. tie
2ilh. by the irgin,a FIR NcU rrs. eod said To 5e
part OF the l'unccr, Is. D. is fty ~. ascertgiaed,
not 70 Ire the case. Tie specie d. quest ou -