American Republican and Baltimore daily clipper. [volume] (Baltimore, Md.) 1844-1846, 1845-11-24
FOREIGN NEWS.
ARRIVAL OF THE
STEAM StIIP BRITANNIA.
IS DAYS LATER FROM EUROPE.

IS DAYS LATER FROM EUROPE.
TERRIBLE RAILWAY REVULSION IN ENG
LAND AND FRANCE-EXpECTED FAMINE
IN ENGLAND-PROPOSED OPENING OF THE
PORTS-MEETINGS OF THE ENGLISH CA
BINET-DEPRESSlO IN THE CORN MAR
KET-EXCITED FEELING IN ENGLAND ON
THE CORN LAWs-RENEWED POLITICAL
AGITATION IN ENGLAND AND IRELAND
RESIGNATION OF MARSHAL SoULT-AF-
FAIRS IN lNDIA-ABDEL KADER AND THE
NEUTRALITY-SUSPICIOUS. OF TRADE IN THE
MANUFACTURING DISTRICTS-B
IN THE IRON TRADE-MARKETs, sc.
The steamer Britannia arrived at Boston on
Thursday with dates from Liverpool to the 4th
London to the Sd, and Paris 70 the LIST instant
We are indebted to the Express Of Messrs. Adj
ans & Co. for the New York Herald extra,
which paper received it by exclusive express
from Boston. We make up the following sum-
mary:
Our accounts in 4 commercial and financial
point of view, are more important than they
have been for the last twenty years. A terri
bic revulson has commenced in England,
greater than that Of 1926, and similar to that
Of S37 in the United States. This revolution
has been produced by the combined influence
Of bad harvest all over England and Europe,
bad monetary system, and the unthinking
initiation in railway speculations. All stocks,
and every staple is going down-except the
price of breadStuffS, which the impending IA
mine enhances and improves. This terrible
movement is Just IN its commencement. The
first blow has been strickland in Ireland, the
agitator O'Connell is already using it for the
purpose of opposition, to the union. The Eng
lish government seems to be in a state of alarm,
and Sir r. Peel is calling cabinet after cabinet,
TO deliberate on the opening of the ports, and
the best means TO meet impending famine
Cotton is downtown is up--and the excite
u1ent caused by the revulsion is increasing eve
ry day. What the result may be, no one can
tell--perhaps it is the "beginning of the end"
Of the financial and political superstructurc Of
England and France.
The failure of the potatoe crop becomes more
and more disastrous, and in Ireland especially
will cause general and distressing misery.
20 pressing has the necessity for remedy,
I'D supply Of other food become, that Cabi-
net Councils have been held at which the pro-
position OF opening the ports of the Kingdom
for the admission of Breadstuds DUTY FREE,
has been discussed, and it is very probable that
il will be carried into effect.
The cotton market was in depressed con-
dition.
The Iron trade continued brisk, and masters
and workmen were we'll employed. A slight
decline had taken place in the price of pig iron,
and it was quoted at the date of the steamers
sailing, ia IS in Glasgow. The rates were
still high and remunerative however.
Trade in the manufacturing Districts was in
state OF comparative prostratlon; nearly all
descriptions of produce had received check,
but it was hoped it would not be lasting.
The Cotton market, as reference to our
reports will show, continues in depressed
state; there is but little doing, and if prices
are not actually lower than at the departure of
The last steamship, they may be said to be in
favor of the buyer. The Cotton market re-
fleets so faithfully the general feeling of the
commercial world, that it may always be re-
garded, and in fact is, the best index of the
national prosperity or otherwise.
A variety of circumstances will account for
the depression which PREVAILS foremost among
the number is the apprehension of q general
panic, contingent upon the fearful state of the
potato crop; the deficiency or badness of the
corn crops; and the absurd pitch to which
speculation in rails has been carried.
Other branches of business are suffering
more or less from those combined causes, and
as the winter approaches, this sweet feeling Of
alarm, there is toe much reason to appIehend,
will rather increase than abatc. The news
which came to hand last week by the Cambria,
rave no reason TO apprehend that the new crop
will be much, if any, below that of last year.
and It has had no perceptible influence on the
trade.
Long staped, it will be seen, is lower than
at the sailing Of the last steamship; so are Bra
Ills, so is common Egyptian; but the inferior
kinds of American have not suffered much de-
pression-albeit the turn of the market is in
favor of the buyers. Since Friday, the LIST
INST the business has not improved, and dull
ness reigns supreme.
Speculation has disappeared, and IN the alb
sence of all activity, and the sales during the
intervening three days, only amount to about
5000 bags. This stagnan, feeling has make
itself felt at Havre, where, as our correspond
cnt at that city states, the same kind OF lethar-
gy exists which at present prevails here.
The return published by the Bank OF Eng
land for the week ending the cath Of October
gives the amount OF notes actually III circula-
ton as S22 ,026, Is, being decrease, as com
pared with the previous week, OF &227,33O -
The public deposits show decrease of Gl64,-
1857, and the private deposits decrease o!
sf905 40. Against these the Bank has dimin-
shed the securities held by 81 ,D8,4l4, and
the notes in reserve by 6lS5, 9s5.