Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1843-04-07
FOREIGN NEW S.


w 2 uuN0 lGCElNCu ulGS VI lD0 LUluOn
Herald to the 24th Of February.
SIR Charles MeiGalfe. Governor OF the
Canadas, arrived in the Columbia. Sir
Charles Bagot will return as soon as his
health will permit.
From Wilmer and Smiths European
Times we learn that the gloom which
has hung over the trade of the country
during heightened period still contin-
ues The popular branch Of the Iegsa-
Iure has had O solemn talk about this
existing distress but done nothing to re-
lieve it, Its existence was admitted by
the Chief Minister Of the Crown, but a
parliamentary document, lately publish
ed. places the declining state Of trade
foreign and domestic-in more strik-
ing light than it has yet appeared, ex-
hlbling diminished capabiiity on the
part OF the people TO consume, q fall
ing off in the great staples Of The patton
The paper in question which shows the
value OF exports and imports for 1912,
demonstrates falling off in the exports
Of nearly four millions sterling as COM
pared with the previous year. 1t shows
also decline Ia articles Of finished man
ufacture, and an increase in the raw ma.
terals Cor foreign manufacture; so that
Great Britain, which has long been call
ed the "workshop OF the world" seems
likely 10 lose that enviable title. The
import o(cDtton has increased; imports
OF wool have fallen l6 per cent. The
customs duties as compared with the
previous year, show falling off to near
the extent Of a million sterling. Fig
ures Of rhetorick may deceive, figures Of
arithmetic cannot; and accordingly the
appearance OF this return has produced a
general feeling OF dependency, because
II exhibits beyond doubt, fearful de-
cline of trade, foreign and domestic, and
shows Iamentable falling off not only
in the comforts but the necessaries Of the
people.
The cotton trade partakes Of the existing
donression. The price was never known
TO be so low by at least q penny per
pound. The low price by which the
planter will lose not less than sixteen per
cent, has had the effect of stimulating
the consumption, and greater quantity
has been spun than at any former peri
cd, with decreased demand on the par,
OF the manufacturer The existing price
Of cotton affords melancholy evidence o.
the depressed state Of that trade, aud o
the country generally.
The only bright spot in the surround
ing gloom is the measure about 10 be in
troduced TO Parliament for admitting
Canadian Wheat and -four, and the u
nited States Wheat and -four, by way o
Canada, into that country. al fixed no
minaI duty. Lord Stanley has cleared
away all doubts on the subject, by sta
ting emphaticaly that the Government
accepts the Interpretation put upon hi
despatch last year by the Governor.gcn
era and legislature Of Canada. The bll
passed bv the provincial parliament o
Canada, imposing a duty of three shil
lings per quarter on United Staleq whes
going into Canada, only waits the re
cept of some Information from 81
Charles Bagot to receive the royal as.
sent, and then bill will be introduced
into the British Parliament virtually re
peaIing as far as Canada and the Unite,
States are concerned, the Corn law o
last year. This is regarded in EnglaC
as very important measure.
Money is abundant, and. for any thin!
like good security, it may be obtained q
low rate Of interest
The sales of cotton for tho week end
inc with the sailing Of the steamer, haV,
been very small hardly exceeding l60t
bags. The market closes heavily; an
from the gloomy feeling which is abroa
the lowest point, il is (esred-low as tn
present point is-has not been reached
The sales last week were better, bu
with low prices. The sales yesierda
wera under three thousand, and lha ma,
ket uIl-heavy as lead. In the manl
featuring districts, trade which at the bt
ginning showed symptoms of revival, he
receded to lis former state of depression
If il has not gone beyond it. The cor
trade partakes Of tho general gloom
ansaclions few, prices receding, and
feeling Of dependency prevalent
The trials Of the CharlisIs, anon
which is that Of Feargus O'Connor, ar
proceeding nj Lancaster.
The roof Of that part Of Windsor ca
tie appropriated 10 the royal residpnc
took fire on Thursday morning the 16t
nit, by the ignition OF SCOT in one Of II
chimnoys, bn il was speedily extinguisI
ed without damage 10 the building.
CannelI the pot boy. who shot M
Magnu', the upper bar maid a! the Auc