Mississippi Democrat., 1845-11-26
Foreign,


on your table, as three hundred in brook
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Foreign,
| The steamship Caledonia, Capt. L. G
Lott, was telegraphed on Monday morn
ing off Boston, and arrived at 8 o'clocl
at her wharf, amid dense fog and driz
zling rain, bringing us Liverpool paper
10 the 10Th ult and London to the evening
of the l7th.
The cotton market is depressed, The
business transacted is limited, price shave
a downward tendency, and holders, ey
IDENTITY not at ease, show desire TO ac
cept the current rates, and to press tbeiI
stocks. The sales of the week, ending
on Friday, October IL, only amounted to
10000 bales, and limited as this business
is, it was even more restricted on the 18th
for moi more than 1900 TO 1000 bags
changed hands. A thousand causes may
be adduced 10 account for the present
stagnation. Foremost is the railway mad
ness. II swallows up all classes and shades
in its vortex: the steady merchant and the
reckless gambler are alike bewitched by its
allurements, and sage grave men, whose
organization would seem to put them out
OF the way Of temptation, act like persons
aboring under stimulating draughts, and
increase by their conduct the general
madness. Again, there is tho fearful de-
iiciency in the potatoe crop, and n bad
grain harvest st--circumstances in them.
selves, appalling, and under the influence
of which the cotton market may yet shrink
like scorched parchment. Then there is
the rise in the rate of interest by the Bank
of England, which points, amongst the
other breakers ahead, to a scarcity of
money, and the arrangement of the ex.
changes, consequent on the large sums Of
gold constantly leaving the country TO in
vest in continental railways. Finally,
their IS the prospects Of the new crop in
The United States, respecting which there
is but little anxiety felt--nohing, in short,
II all likely 10 act as counterpolse to the
dependency.
The causes at which we have glanced |
ire each in their way more or less potent
their combined influence on the price of
he staple and the prospect of the market
IS deadenng. Bat every evil has some
lrawback. The present state Of things
will give powerful impetus to the feel
ng in favor Of free trade, and rumors even
low are prevalent--mere conieclures,
'robably, but straws show how the wind
ows--ihot Peel, ere long, will throw
pen the ports, and thus anticipate the
lmine which would appear to be impend.
~ over Ireland, and which cannot be un-
III in England.
The American provision trade nourshes.
he stock of beef, pork, and cheese, is
ghl; and the state Of things in Ireland
Ill have tendency moi only TO improve
rices but 10 lessen competition.
In the share market, says Wilmer g.
NTH, the work Of speculation goes brave.
on. The world has never witnessed ,
1ylhing so reckless and barefaced as the
'sIem of swindling and roguery on the
he hand, and the imbeciIe gulIibIily on
e other, that stares one in the face at
very turn.
The Puseyits abstraction has taken an
nportant turn, and one which has been !,
ng expected. The thin line Of division !
hlch has been supposed 10 exist between !,
c Iraclarians and the Catholics has been
yered, and Mr.. Newman and body Of l
$ friends have formally seeded from the
lurch of England, and joined the Church
Rome. Tho event has not excited
uch spprise, for il has long been expect
!. The only circumstance to be regret :
d is, that II did not take place sooner :,
hether the church from which they have ~
ceded will now experience peace in her :
som, rent and torn as she has been so :
ng by jars and discord, Is by no means ! !
rlaln. The Puseyite, or rather the New. y
ante feeling, IS not confined TO Oxford; =
9 sister university is more or less tainted a
III il. No doubt can exist that the Sc y
ders are deeptbinking, conscientious
,n--men Of learning, and thought, and v
straclionj and, however much the world "
" deplore their conduct, they hive eve y
hing TO loose and nothing to gain--wc L
SAX in a pecaniary and worldly sense "a
the transfer Of their allegiance. Apos- 'c
" Is, at all times, the result Of deep,
srwhelmlng conviction, or the rankest al
pocricy. But no man IS a hypocrle W
Ihout motive. Selfinieresl is usually N
impelllng one in such case; bot we d
X 10 vain for The existence OF such a %
Herlul instrument Of propulsion in The
es before us--for Rome has nothing to al
y her disciples in England but poverty, To-
labor, and self-denial. to
SPAIN. The young Qoeen Of Spain, il in
said, has been secretly married BY ",
Ky TO her cousin, the Count dc Monte. III
In, eldest sou Of Don Carlos. Munez be
resented the husband at the ceremony. gu
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