Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1845-11-25
Prom the New York Herald.
MONEY MARKET.

FRIDAY, November 2l-6P. M.
Quotations for stocks rather heavy today. and the
sales rather limited There pause the market,
operator. were awaiting the advice, from Europe Nor.
witch and Worcester improved per cent? Ohio Life snd
Trust, 4; Harlem Erie. Long Island Mohawk. Illinois;
Pennsylvsna S. and SIonnngtOn closed firm yeser.
days prices Canton fell of per cent; Morris Canal, 4;
Reading Railroad, D. Wilmington, and Farmers Loan
BY the arrival OF the steamship Britannia at Boston
from Liverpool, have ad,ices from that port TO the
9TH inst, and from London TO the Sd instant inclusive be-
ing sixteen days later than those brought by the Gale
dona, and thirteen days later than the sdvccs by tho
Massachusetts, at Holmes Hole The commercial nc.
counts Of the most vial importance, and highly inter
esing TO this country. Advices from Europe received
within the past twenty years, have been OF such an
important character those by the last arrival. There
IRE 50 many concurrng produce q complete
foyuson in the commercial aiits Of Grel Britain that
VIC look for one OF sufficient power sweep away many
OF the institutions Of that country, and perhaps change its
whole political and commercial existence. The first Thing
Of importance tho deficient hSrve.is will bring about,
must be modification Of the corn laws The excite.
mont already created by the prospect Of very short
supply Of food, and the loud calls Tor opening Of the
ports, have compelled the Government consider the
demands, and there very great probability OF their
being sccsded TO. Should be determined on in coun-
ell TO open the ports OF the kingdom for the
OF foreign gram OF nominsl duty. IL will produce po-
cal eommoon and action Ihrou the country that Will
shake the very foundation OF the government We sec
that OConnel has already commenced nRitating the sub
Ject in ireland, and every political parry in the kingdom
will, when the thing 10 ripe gather is srongih Tor action
The starving millions cannot wait for the SLOW movement
OF Parlismeni the take the responsible
" n IL
sacrhos OF whatever Political Inrhu,inn Of the
country may stand ~ The way. Every source Of sup.
ply usually depended in times Of scarcity has failed
or will shortly fell. The extensive grain grow
ing sections the continent have this year hardly
enough TO supply tho demand. for consumption from The
local inhabitants. The Baltic and tho ST. Lawrence will
soon be frozen up, ffsnce has no more breadsiulI.
Sn she requires and the only hope Of tho people IL Great
Britain u m tho abundant crops Of the United States
Fortunately we have sufficient and IL n only that
the restrictions which have heretofore existed mon the
introduction Of grain from this country should bc remoy
cd 10 ensure supply large enough 10 make good oy A. -
hcieney An importation Of grain into Great Britain from
this country be pad for in bullion the same ns tbouyb
imported from sny European country. The balance IN our
irsde aeady largely IN favor Snd the addition to or
exports Of several million barrels Of Hour will Get the tide
Of specie this and give immense supply Of bull
lion. The Bank Of England, IN anticipation Of very great
oxierns demand for the bullion in her vaults sometime
since raised the rate OF interest but the drain has
3D. the returns Tor the week ending Goth Of October show
inR decrease In that time IN the bullion Of c2SO
weekly decrease Of this smouni would bring down
the bullion TO panic point, when tho drain would incrcase
with an alarming rspidty.
The deficient hsvcss In Great Britain have no Doubt
been the prime cause Of The present Revision in
cs Affairs, but there sny concurrnR causes pfo
ducing this crisis that II be final The speeulaons
In railway shsres having been carried TO such
exonf, will upon the market and The ruin pehaps
bo genorsl and complete in consequence Of
the high prices Of bread sus and the severe contraction
that must immediately follow such immense expansion
sd the Bank II England placed resteons upon the mo-
ncy market merely 10 have produced crisis IN the
way specostons the check would have been removed tho
nonsnt tho object accomplished, and tho market
gradually relieved from pressure but the deficient har
vests CANNOT DC supplied the spoeuations IN
stocks be checked and the policy adopted by tho bank
must. therefore, be adhered 20.
The drain Of bullion from the bank which must continue In
spite Of every attempt TO arrest H. viii produce
Rreatcr Revision than has yet boen experienced Tho
Revision 10 commercial ssir' must Inevitably lead TO