The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-07-31
MONEY MARKET.

Suuuays Suhy oO-o "s
Stock of the Bank Of Virginia sold at auction at Buff
folk on Friday, at 81 25.
Mr.. Biddle Inns written another letter from Andausa,
dated July s4 The object of the letter is to sustain
the following propositions
lst That by the Constitution of the United States,
there is created tribunal wholly Independent Of the
States to decide all questions between Pennsy and
any other foreign State
I'd That before that tribunal, judgment can be OBJ.
tanned for every dollar of principal and interest Of these
Pennsylvania bonds and that all the property of the
State be seized and sold satisfy that judgment,
just as il it belonged to the humbest citizen and
Sd That all the other twenty Ave States are bound to
carry into execution-by arms necessary the judg
ment OF that tribunal against Pennsy lvania
We see nothing in matter OF this publica-
tion variance with the late rumor in relation the
health of Mr.. Bdde. The institution, over which that
gentleman presided by the indirect employment Of its
in influencing the Legislature of the State
the sole cause Of pungng the people into useless and
onerous debt The author Of such extensive evil then
sits coolly down, invites foreign power to make
tack upon the State thus vctimsed, and invokes the
other twenty-five States, by force Of arms, to compel
Pennsy pay the debts of the United States
Bank Here the inevitable results of the paper sys
TEN, bankruptcy, civil war; and the invocation of
foreign armed power arbtrate The end suhugaon
and slavery.
The enIssares Of Britain moreactive than
now ehave in hand circular of the English
government signed by Lord Aberdeen and addressed to
all its commercial and other agents this country
curing the Minute information relation to slaves
and slavery all its detas-the physical force of the
negroesheir relations to their general
treatment general character and propensities &C. &C.
with very full statements OF inform ation
of Judging, &c. The end and object of all this
espionage has not trsnspred; but it is pregnant with
meaning, il we consider the many points in dispute be-
tween the two countries The circulars appear have
been Issued Immediately the PRONUNCIATION OF the
threat in the United States Senate relation the Ore
gon question.
The trade of the Atlantic cities, New York, Boston,
Philadelphia, and Baltimore, shows evident signs OF
mprov emeut and of the setting Of early fall trade
The number OF strangers each city large and sales
appear be improving The demand for imported goods
on which the new tariff was imposed is improving mo-
lasses, and other Yves. India goods, also English
manufactures Prices are recovering degree the
depression they underwent in the general
consequent upon the passage OF the tariff The country
in the interior is greatly in want of goods and the little
advance which has taken place in agricultural products
has afforded Of purchasing, cons equently
stocks moving off, and the weight of the tariff is be-
ginning to be felt Prices Of American domestics still
continue 80 low to afford profit in export and brisk
demand for that purpose is kept up Boston, Baltimore,
and New York. The factories turning out
quantities Of domestcs at the present low rates
Lowell sends into the Boston market $4,000 yards
weekly. In all the cities, the Southwestern and western
dealers ing freely buhe principal export Is for
the South American markets. in competition with Eng
h goods While this is the do not look for any
great increase Of imports The country undoubtedly
greatly in want goods and IL the of buying
credit existed to any great extent, large imports
would undoubtedly take place as in the year
1882 The small business Of the years 1897 and 1885,
left consumers greatly in want Of goods The banking
system still vigorous, and the imports of 1889 reached
point higher than before. The goods pur-
chased abroad with the proceeds of state stock and sold
here through the medium of Bank credit The result
final failure Of most Of the Banks The same want
goods exists but the Of buying and selling
credit exist II the farmers want goods they
must pay for them in produce and that produce must
purchase them abroad Tho crops of the country are
likely ito be very large, and at very low prices Great
quantities will be exported the amount Of goods received
in return will be curaied by the operation ofthe tariff
ow far credit purchases goods be effected through
hs econ Of the banks may be estimated blythe following
returns of the leading features nj banks different sec
oft a en