The New York herald., 1845-09-15
New YORK STATE CANAL Tolls.

The steam ship Britannia from Liverpool with twe
days later intelligence has been sea ten days and h
arrival will bel looked for on Thursday. Spectators IA
corn and cotton are anxously waiting the receipt
ther advces from Europe, particularly from Great Br
tain in relation to harvests Of the United Kingdom spe
cuators in corn anticipating short CROP in hope
that demand for portion of surplus will spring VI
and improve the price of the supply in markets.
Spectators in cotton are anxousy looking for abu
dan harvest account Of the vast improvement such
result would make in the price Of that staple. So far
the operators in the two saples-cotton and corn al
concerned what is ruin to wealth to the other
But these are not the only parties interested in the ha
vests Of Great Britain The whole commercial world al
interested In Great Britain ia not the bare fact th
bread may be one half dearer, that great desuton au
suffering may arise from scarcity among the poore
classes, or that suffering and poverty will bring wit
them an increase of paupeyism, disease and crme it
not the immediate consequences alone of want and
mine, that excite dismay among many classes, and Vi
easiness among all 1t is the experience which show
how intimately connected every other interest in Gre
Britain and other commercial nations with the pric
Of bread in England, and how much they inf .
enced by the results OF harvests in the United Kingdom
We have been taught by experience, that the Who'll
monetary system of England hangs upon the results
harvests than any thing else; that pc
feet may be the system of currency
the conduct of the banks sudden and extensive impo
taton of corn is productive of uncomfortable derang
men in the currency which skill arrest until tn
prime is removed and that the absence of sui
ply of breadstufs.
defective harvest succeeding two three good one
is seldom ever attended at the time with serious cor
sequences The harvest OF 1886 very late and dee
hve large speculations ensued in the months of Angus
and September The large surplus left from the harry
Of 1884 and 1885, and the produce Of 1886 beng from ID
defective state brought to market caused gre
fall in wheat in November and December of that yea
and rendered the speculatons of the previous Angus
and September, ruinous to the parties who embarked
them The harvest of 1887 though better not good
but it was not until the fall of 1885, by which time tn
old stocks had become quite exhausted when the harvc
was again late and defective that serious advance
price, and foreign importation, took place The crops
1895 and 1887 were both insufficient of themselves
the surplus Of 1884 and 1885 alone prevented earle
corn crisis The present s smilarto that OF ls3
and If we experience in the next two three years
sons similar to those that succeeded the year 1887
may look for commercial revulson that will shake tn
foundation OF the government of Great Britain to its cen
tre Very few have forgot the arrangement, panic and
ruin OF 1882 40 and al, and the collapse of ls The
narrow escape of the Bank of England from compiled
bankruptcy and the changes produced in the governI
meDt of the kingdom testify the immense force oI
that financial revolution.
We annex a statement exhibiting the fluctuations
the amount OF bullion in the bank and the quantity
value OF wheat imported, for series of years for thu
purpose of showing the immense influence short or de
fective harvest has upon the commercial movements
the kingdom -
ntf,, II