The daily union. [volume] (Washington [D.C.]) 1845-1857, 1845-11-25


English publications, among whichsis one from tfe
EcoNonisr, on the annual accumulation of capital
IN England. Ii estimates the increase OF capital IN
England from 1884 TO 1874, taking certain data az
bases amounted TO 9450 900 900, or at the rate of
joyilfre millions annually. But this is only the ac-
eumulalion which appears under the head of 'per-
sona properly" Beyond this very large amount
must be accumulated in the form of real prop
erty."
Il publishes also another article on the exports Of
Great Britain, from the same, by which IT appears
they have been steadily the increase. The official
paite has reference to quantity, rather than TO actu-
al values while the declared value of goods is their
actual value at the time of shipment, declared by
those who send them out.
| Thus the quantity of an article exported may
be greatly increased while the value in pounds,
shings and pence, may continue stationary,
or increase in less ratio. The declared value
of exports in 1886 to the British colonies, was
Gl3, 72l ,570 and in 1874 9lG504,l 1863. Increase
in eight years, e., 7S2, 500. The largest increase
took place within the period stated in the East In
dies, in the North American colonies and at Glib
raltar. In the first case, they augmented between
two and three millions of pounds. The greatest
diminution was experienced in the West India
islands, to which the exports fell off, in the period
stated, over one million Of pounds sterling, or about
| IS 900 ,000-he effect of emancipation.
The gain in the East Indies has been at the ex-
pense of the West brought about, supposed, by
the interest of the former prevailing in the English
Parliament over the latter. BY the sacrifice of the
West India interest, that of the East Indies was
be built up. II was said, some Of the strongest alb
oltionsts Of England were Of the Society Of Friends
and extensively interested in East India prosperity.
The exports of Great Britain to foreign countries
| by no means show an equal increase within the
same period. According to the table published
the exports TO the United States within eight or
nine years have fallen off from Sl2, 425 305, to
Fl 933079. The total result was as follows:
| Exports TO foreign countries
| In 1886, .d39 1913
| . In lS42. ....................q2 OJO ,223
| Increase. .................. .2,35J, 30
| OF the above the largest increase was to Russia
and to Germany While the reduction in the Eng
fish tariff has produced large increase of our trade
to Great Britain, our high tariff has had the effect
greatly to diminish the consumption Of her goods in
this country. How long can this lnsii The pres
ent course of trade is of exhaustion for Great
Britain and it not for the trade Of her colonies
| do not see how she could stand ii. For nation
to pay cash for so large portion Of her consumption
is calculated sooner or later to bring her none
tary and commercial system into arrangement. If
our coming Congress does nothing to reduce duties,
may she not ere long be forced into retaliatory
measures--f not on corn, on something else'
The Albion has been giving the public interest.
| ing extracts from work entitled "Wnds Life Of
! Curleen"
The "Com7'ier des Eats Unis" Of to-day contains
an editorial RESUME of foreign news received by the
Britannia. 1t also contains long letter from Paris.
| The affairs of Algeria have been exciting for some
! time the veliest interest in France Their severe
reverses have produced deep sensation through
out France. In my next will notice some points
in the articles of the Courier des Etais Unis
At last accounts M. Theirs was in London,
being onized and praised. Some writers would
have us believe that he is friendly to the Eng
lsh alliance than Guizot. should have thought,
on reaching London, he would have challenged the
editor of the Quarterly Review to have met him in
deadly combat across the channel; for more abu-
sive, scathing, torturing critiqne | never read,
than the review of his work on the Empire He
is accused of fasehood, fraud, and wilfu deception
of suppressing known facts, that initiated against
the republicans; of emitting circumstances favorable
to the royalists; and, when compelled to state them to
do so under deceptive exceptions and reservations
This would make noble cement for an ''a!liance.n
| Cargo Of packet-shp Hottingter, for Liverpool
saiied2si Nop.-F1our 1900 barrels; apples, 5O0d dol
cotton, 14O bales; wool, 1872 do; taow, 100 hhds
domestics, lS6 bales; lard, lS4 barrels; beef 400
erces. and 100 barrels; ore, III barrels gold sweep
ngs ID do; leather, 30 packages; cheese SO boxes
| The steamship Massachusetts, had some harder
work to get along on coast than the Great Brit
ain. Her news did not contain quite as much -four
news, however. II Holmess Hole is to become
landing-plaee for steamers, would advise that
magnetic telegraph be extended to IT, in order that
the news may get to New York as soon as to Bos-
| ton.
| II is something curious, that steamships cannot
come direct to New York. which so far excels Bos-
/ ton in population and trade There is more -four
wheat, &c, to be affected in this market by Euro
pean news, than dozen such towns as Boston
would contain, if not more than is contained in all
the other towns on the seaboard. Even buyers
and sellers in other places are afraid to operate
much in anything until they the effects Of for
eign news on the New York market
City, half past 6, p. m.-There has been good
deal of hustle among our merchants since the re-
cept of the Britannia's news. Flour, in moderate
quantities, sold to-day at ~ 25. The market
closed pretty firm at 81 las. It is thought the full
extent Of this advance is not justified by the last &C.
counts of the market in Liverpool, which repre-
yesterday was probably caused by speculation.
Sales of cotton were very light Today. Only
about 300 to 400 bales Sold exhibiting some dull
ness. The southern cotton markets have been
maintained with more frnness than they have in
this city. This has probably resulted from larger
number Of orders having been sent to the South
by English manufacturers than have been given out
| for this city.
Stocks, to-day, exhibited no material change, ex-
cept that the market gave signs Of diminished sales
and unusual dulness. Some descriptions slightly
declined.
Exchange on London 10 duh a, for ner rates
Ciearsd.--Packe-ship Suy for Havre; barque
Hmwood for Liverpool; brig p. Fogo, for Maran-
ham.
brig Champlan % days from Tobasco; brig Or
bit, from Para.
Beior.--Swedsh brig, &c days from Cadiz.
w MORGAN.
Sal ss,r os, Tsss NsD.ss "a ,s,s Ir Board
U.s. lOls 1000 ILL., special bonds 391j so Morris