The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-11-08

ment.
Russia.
The treaty of commerce between this country
and Turkey has been published. 1t takes effect
from LIST July It's provisions present nothing oil
interest To foreign readers; but they enact more
than once, that whatever privileges shall be at.
forded to the commerce Of "a foreign country shall
be acceded also to Russia.
An event of some political importance has
lately occurred. The Charge d Afiaires of France
has dined with the Emperor. This is the first
time such thing has happened for many years.
IT is considered to betoken the probability of the
establishment OF friendly relations between the
Conrt of ST Petersburgh and the TuleresI
Hitherto they have been at daggers drawn, and
have not even kept ambassadors at each others
court.
New Zealand.
Papers from New Zealand of the 10th and 2sd
of May contain particulars of an attack made on
the HUT upon a picquet, consisting OF forty two
men OF the 5Sth regiment, under The command OF
Major Richmond, by considerable body OF ma
ives. The soldiers, 1t appears, were taken ny
surprise. Four were tomahawked ON the spot IN
one tent. One Of them, who acted as bugler to
the company, behaved most nobly. On the first
alarm he seized his buge, and while in the act OF
sounding the instrument blow fromla toma-
hawk nearly severed his arm, and struck HIM to
the ground But while in this mutilated state he
seized the buge with his other hand, and attempt
ed to warn his comrades of their danger, when
second stroke of the tomahawk nearly severed his
head from his body. The troops fought with the
most devoted courage and gallantry, and, alter a
severe struggle the natives were driven across the
river, taking with them their dead and wounded,
believed to be about thirteen in number The
loss on the part of the troops is six killed. (includ
ing the four who were tomahawked at the COM
mepcement Of the attack and five wounded
.I1l Tahiti. N
A despatch has been received from Captain
Bruat, dated Papeiti, June B. giving an account
OF two engagements with the insurgents ofTalitl
on the 18th and 30th May. With a force of 800
soldiers and marines, and 200 natives, the insur.
gents have been driven from their intrenched
camps at Papenoo and Punavia. A brisk fire
was opened upon the main body OF the French,
and masses of stones and rocks were thrown
upon them from the tops OF the mountains which
overhang the valley. M. Bruat, after recon-
NOTHING the enemy's camp, considered it impreg-
nable, and declined to attack it, %
4s The Corn Trade or Europe
From the Mark Lane Express, Oct 10
The important rise that has taken place in the value
Of wheat within the last two months in consequences OF
the extensive failure of the potato crop, has drawn
general attention to the CO IN trade, and led to some
very remarks from writers for the daily press
altogether and attribute the advance prices Of
formed commercial men should have foresaen that the
effect Of loss of one-haf or three-feurths OF the
are quite willing admit The result of this foresight
naturally led them to make investments in an article
which was likely to yield 2 profitable return but 50
far from this being an evil we are disposed to look
upon as positive good The prices may, perhaps,
have been run up somewhat more rapidly than would
the failure Of potatoes be indeed extensive as is
believed to be- the rise which has been established in
In the first place will be the Of causing economy
in the consumption Of wheat and lead to less valuable
Be
view desirable object under existing crcumstances
OF Ss
in its full force such exaggerated notions OF the Proba.
BILE productiveness of the harvest entertained that
the price of wheat became deprecated to unnaturaly
low point; low. indeed as to render the Englisli
markets the cheapest in Europe This would have been
very WELL had the abundance talked Of been real instead
Of imaginary The evil of this state of things was the
port from this country not only Of bonded wheat but in
instances of that of growth to France and
Belgium Our false position luckily discovered before
any great quantity Of commodity We now find we are
whom this important discovery first mnde1 By inel
gent and enterprising Individuals who, In commercial
parlanceyare denominated SPECTATORS We do not mean
that these parties had any but their own advan
tage in view when they induced to buy corn at
the different foreign pors but in case like the present
private enterprise may be the means of doing national
good. Whilst wheat remained valuable in
France Holland and Belgium, than in England, there
no norsd being sent to
hence we maintain that the advance which has been
established was highly necessary, and we must depre
when they NEEDLE with subject they evidently do not
understand paper is more devoted to the interest
of the agricultural than any other class; but we can,
nevertheless, see the injustice as well as the folly, in
any portion Of the press stgmazng parties engaged in
legitimate commercial operation (which consider
the purchasing Of any commodity with view of ,reaz
ng profit thereon 10 be) BY such terms as Marklane
occurred I, the position of the trade during the week
the farmers have Kept the markets in the agricultural
districts olerably well supplied with wheat but the
quantity brought forward has not been more than ade
quae the demand and prices have rather tended up
wards than otherwise Buyers from the northern parts
markets; which, with good local enquiry, has enabled
farmers to obtain very full terms The inroad already
m as
to Christmas whilst liberal have been the supplies
Of late, nearly the whole has consisted Of new is
worked up close, before the crop harvested;
and the consumption Of the latter having commenced
much earlier than in ordinary seasons has become the
more necessary to endeavor to guard against future
want This cannot be accomplished by legislative inter
ference but mu t be brought by such means we
have above pointed out viz holding out the induce
ment OF high prices to those countries who have
plus; thereby drawing the supplies which might other.
wise be directed TO France and the to Great
Britain.
Notwithstanding the boistssous weather experienced
during the greater part Of the week. have he'd large
arrivals from the coast ana the receipts of Wheat
have amounted to 1894 qrs up to this Saturday
carriage samples from the neighboring counties has
however, been small. On Wednesday the show
and the demand being somewhat active than in the
beginning of the week. factors succeeded in partial in
stances IN obtaining slightly enhanced rates for the
Suffolk stands were nearly bare the transactions were
consequently, of restricted character but the conf
dence of sellers had evidently increased and the little
business done at prices fully high those pre-
viously obtained. The effect of the rise which has
lately taken place in the value of Wheat is mani
Testing itself in the averages the last general weekly
return for the kingdom (56s lod) shows an advance
point week earlier than had bee calculated
it already down to S., having receded Is per Or.
Thursday and the 2ad inst all kinds of grain meal,
and pulse will be admissible at the lowest rates of duty
under the existing law. The stocks of wheat and flour
in bond in the kingdom are however, trihing that
the liberation Of the whole cannot be expected to pro-
duce any effect prices indeed may be questioned
whether holders may prefer to leave their property
under the queens locks to be in position Of
availing themselves Of any foreign demand In the
early part OF the week there not much doing in free
foreign wheat, but both Wednesday and Friday the
market visited by country buyers and though the
sales not particularly extensive the parcels which
changed hands brought fully former terms The very
wet weather which have recently experienced is like
ly to increased demand for old wheat; the
English has till now, TO hand dry to require
but a very small admixture Of old The extreme mos
ture Of the atmosphere may however, be expected