The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1843-04-14
Foreign News.

The steamship Columbia arrived at Boston on
the 10Th uli. She brings Liverpool papers to the
4,h, aud London papers to the evening of the 3D..
In the manufacturing districts, trade, which, at
the beginning of the year, showed symptoms of
revival, has recedad to its former state of depres-
sion, if il has not gone beyond it. The corn trade
pariakcs Of the general gloom-transactions few,
prices receding, aud ieclie; Of dependency
preyalent,---lt is many years since the Liverpool
docks presented so wre,cheI an appearance. The
"wooden walls the main element Of Bri,ain's
strength, have nearly disappeared. There were
but five L. States vessels in the port
The only bright spot in the surrounding gloom
is the measure about to he introduced to patl.a-
men, for admitting Canadian wheat and flour, and
United States wheat and aous, by way Of Cana
da, into England, at fixed nominal duty. Some
doubts existed short time back as 10 the sinceri
" Of the government relative to this measure, but
Lud Slanly has cleared away all mis-! on the sub
ject, by stating emphaicaIly that the government
accepts the Interpretation put upon his despatch
of last year by the governor general and legisia;
urc Of Canada.
The bill passed by the provincial parliament Of
Canada, imposing duty of three shiilings per
quarter on United States wheat going into Cana
da, only awaits The receipt Of some information
from Sir Charles Bagot to receive the royal as
sent, and then bill will be introduced in the Br
fish parliament, virtually repeating, as far as Ca
nadia and the United States are concerned, the
corn law Of last year. This is regarded in Eng
land as a very important measure. 1t is 50 in re-
atty. That il will give a great impetus 10 the
trade between Canada and the mother country,
while it will benefit the states of the Union con-
tiguous 20 Canada, seems unqucsti0nahle. 1t IS
an excellent move in the right direction, and
knocks down one of the pillars in the arch Of
monopoly.
From a speech made by Sir Robert Peel in the
house of commons, it appears that there is an
amjcoJh correspondence going on between our
government and the British in regard to Orgml.
If we own that territory beyond dispute, as is con-
coded ON all hands, what need of correspond
cnce about it, There is something very mystic
rious about this.
The creditors of the insolvent states in the Uni
on have addressed a strong memorial on the sub
jet to Mr.. Everett, the American minister in Lon
don, with Il request that it may be forwarded to
the president, for presentation to congress, and
to the different state legislatures, The memorial
advances every possible argument for tbs mante-
nance of the credit of the states; but the most
striking passage relates to the Strengthened pecu-
MARY circumstances ofthe majority Of the holders
ofsiate stocks. The following is the passage;
An impression, we understand, prevails very
generally amongst your people, that their credit
ors in this country are, in great measure men of
large fortunes, to whom failure in their sccur-
ties can occasion but little inconvenience. Even
if such were the case it would, in our view of the
matter, furnish no ground fornny departure from
the ordinary obligations of good faith. In fact,
however, though there may be few amongst us
in more anluant circumstances, yet by far the lar
ger portion Of US are persons in the middle ranks
ofifc-ofliccrs on half ay-superannuated clerks
retired tradesman living on small means-agcd
spinsters, widows and orphans--many Of whom
have invested their all in the purchase of your Sc
curities at high prices, and now depend for their
subsistence some even for their daily bread, on the
good faith of your people.
Money is abundant; immense sums of it are
lying comparatively idle, and, for any thing like
good security, it may he obtained to any extent,
at low rate OF interest. England, indeed, exhi-
bits the singular anomaly of being at once the
richest and the poorest country in tho world, pos
sesslng at once the greatest amount of aggregate
wealth with the most frishtful mass of positive
restitution and misery.
The Columbia brought over about 100000
in specie.