The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-05-06
EDITORS ooRREspoNpENCE.
Prom our regular correspondent
NIw YoAx NJ

Prom our regular eous.uona.,,,
... NEW foAK, May S, 1886.
No,.-aripal Of the Cs,sDrias mall tn. prooo.,d adj
tournament Of Congress By the federal ,ohigs-hJsy-
chants pleased 10 hear thai The proposition secuted by
The democrats. The spread ofIibsral eOnHsreia pru,-
eiples- The importance Of eoulmeree 10 agriculture
Grea fall N .1p,sieaa prints, and dullnsss in tie
dry-goOds trade compared 10 FAST year.-Cdtssed by
Opa~Tading and over-Hla'ist aeuring -harksts,. 80
The Cambria's mail due from Boston did no.
arrive last evening, nor did il come by this morn
inge line, as was expected. A mail due this morn
ing from Boston, arrived at about halfpast o'clock
this afternoon, but brought nothing from the steam
ship This unexpected delay has proved sore
disappointment 10 our merchants, who, when
meeting on change at 1 p. M, were without the
receipt of letters from their foreign correspondent
and hence were unprepared for extensive transac-
tons. The delay has also proved Of some lncon-
yenence to me; for the keeping my letter open m the
last moment expecting the usual letter from Liver
pool, with foreign papers, dc. would come 10
hand, has left me only very few minutes for de-
spatchlng the present communication.
The merchants Of this city pleased TO learn (at
least the leading shipping and other houses, &C.
that the proposition for adjouming Congress
as the money appropriations made is without
foundation, except in the brains Of the federal
wings. The wish il father 10 the thought.
The principles Of free trade are spreading and
gaining strength every day. Throughout the az
cultural districts Of the country, and particularly
in the West and South, they are daily acquiring
fresh strength. A revenue tariff cannot be STAYED
OFF with all other commercial reforms, merely TO graf
ify the selfish wishes Of interested class. The peo
pie demand commercial reforms al the hands Of their
representatives, and they will be heard. fgenLen-n
| hold seats in Congress as representatives of dem
ocratic constituencies, and attempt 10 dodge com
mercial reform, under any shallow pretenee, it is
pretty certain the people will them again
! A number who voted against MIR. McKay's bill, at
former session, have been let at home, and othem
are destined to share similar fate il they shirk"
the present hill. IL cannot rebound 10 the sgTlcul
tural interest Of the country to vicGmize commerce
Every ship which leaves the United States, loaded
with breadstuifs, provisions, and cotton, is much
machine Of agriculture as the teams, plows, mill,
| or threshng and ginning machines employed on
| plantations Yet all the materials Of which shp
| is composed, as well as those Of the farming ms
chimes, heavily taxed in the face OF which
the protectionsts assert the higher the tax the better
for the farmer The people want, and will have
| sooner or later, revenue tariff. They want Do
i warehousing system, and branch minis, with
| stitutional treasury. mint in this city would
prove Of the greatest service TO the large number a.
emigrants who lanrl at this port from Europe md
design going West as cultiyatos. They generally
| bring specie funds with them, in foreign coins.
These funds on landing, they could deposite IN the
| mint and by taking a certificate Of deposte with
them to the West, they could pay them in at par
for government lands at any of the western land
| Offices. They are now sub ect to be imposed upon
by lot Of shayers in the seaports, who make u
practice of giving them shinpasters for their foreign
| coins. When they reach the "Far West" they
find their rogs wholly useless or at heavy discount,
and are forced to undergo another shave TO obtain
funds current at the land Offices. The frauds praC.
tised upon emigrants in this way enormous.
| The West has a deep stake in bringing about
try.
Many farmers are deferred from emgrating Il
the West from the Atlantic States, well from
Europe by the very low prices which usually gov
ern our agricultural products, on account of the
want of free outlet for their surplus productions
learn from experienced and extensive dry
goods broker Of this city, that the business in thu
line Of merchandise is very bad for April and May
compared to the same periods last year In Marcf
trade was brisk and promised WELL but for Apr
and May, the falling of has been very serious. He
says, American prints which sold for 20 cents PEI
yard in the early part Of March, can now be bough
for IL cents and are considered dull at that. Til,
largest houses complain Of great and unusual dull
, ness in this trade. Owing to the export demand
heretofore for plain cotton piece American goods to
China, &c, the decline has been comparatveIy
slight in this description of goods. But the prcsen
heaviness embraces all kinds of dry goods, boti
foreign ard domestic, owing to overtradlng, over
manufacturing, &c.
!, The stock market was rather dull to-day.
/ Sales of about ] 900 bales cotton change II
price.
900 barrels Genesec -four sold at 81 62B, aud J0(
Michigan, at - Sc, Market somewhat frn,er,
Sale of northern corn, $500 bushels, at 65 cents
weight 1900 western yellow, at Sc, weight. ,SOl
bushels barley at So 2,20O do. at 57-superio
quality.
No change in provisions. A fuller report to
morrow. .
Freights to Liverpool, IS. Sd. for -four, and sit
for cotton. To Havre &c for cotton No altera
ton in foreign bills. Demand inactive.
Il Yours truly,
MORGAN.