Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1846-01-27

The European eoonist has the right 90 plant mo-
narehiesl arsoeracsl institutions In the territories 10
which Russia and Great Britain have their pre-
ieaee right OF colonization. that the United States colo
INST has To plant democratic Institutions In the territory
which his Government has laid It's hands In point equ
~ tho claims OF the European coloniss stronger
iot their overpeopled countries leave them option bat
sm'grie. while within the setilemsnis Of ,ae United
states the population s insufficient fully 10 occupy the soil
he Folk and Monroe policy IL the dog the poll
ey, OF excluding Europeans regions which own
coun,men will be unable to oscspy Tor centuries
IL has It's original bgotod political which
can nothing good except lie poiesi
and would compel all settlers In Ameres adopt Il
betrays the Of the Americans Of faith In tho
goodness oi their own institutions, sincere and
In their belief OF th. excellence hey would to
DO voluntarily adopted by the newcomer instead trying
to make submission To ihem condition VI seiemsnt-
The ain Of this attempt prevent European
H. 10 extend the political influence oihe American Govern
men' not to promote the individual prosperity Of American
ciuzens.
The pride Of professional politicians m.y be yra,i6ed
and their emoluments increased by widening ia. 70
within which the authority Of the central Government OF
Warrington and the local machinery OF government
throughout the Union 10 paramount; but private citizens
can only be bcnehsd by removing every obstacle TO IN.
speedy settlement aud cultivation of the waste. The i'm.
position OF republican institutions obstacle TO Europe
On cooniation-The American citizen who sacrifices
individual interests CRAFTY the vanity Of government
10 % simple European subject who does SO 10 PAM
per the pride OF monarch.
TnE OVERLAND MAIL-India snd Chna-we have re.
ceived by ordinary bmonthy express from Marsees
18th November.
The point Of most is the departure Of the Gov
ernor General from Agra the 29th Of October hs
quick movements athough given out that he was
proceeding slowly whereby he was % ar.ve t Delhi on
the 18th OF Nosember-hst many days prior to the lime
when he was expected there. The affairs in tho Punaub
nave not lost their although aocy In
corded The situation In extraordinary; the troops
murdered all the Prime Ministers wuzees as web as
q" The Kings that cannot act as they please
THE MARKETS
LONDON MosKY Market, Jan. IA great r.you,ion
has taken place Monsy market since we address
cd our American reade. During period OF the pol
cal movements, which elsewhere fully detailed The
market mas hueusted greatly; the prospect OF Lord John
Russell taking office, whilst, generally believed
ne was not strong enough for the place." caused con.
siderable Decline CoDsos having time reached 92k
w Tho return o: Sir Rober Peel Office had At once
astrkns effect upon prces-a rapid rise gradually took
place upon the inability Of Lord John Russell ~ form
an administration being lde latest
Consoh became three higher than immed
s'ey preceding that event. with Immense amount of
business DOING shows that his has been looked to
most ausPieously by the moned interests Of the country
The American PresidenI's Message which was looked 10
with some anxiety produced Ill effect on the market |,
sVanousy viewed by different parties the whole
considered favorable the pacific settlement Of the me-
goustlons pending the Oregon territory and with
bly, To British interests
In the two Consos have .ybv d..I;,oJ .,d
they close to-day heavily 94l to 94I ex dividend The
other quotations weto-Reducsd 9ii to Il new Three and
Quarter per Cents, 97s; Long Annuines 10 sl6 India
Bonds 33- to BIS Premium EIehcquer Bills 27s to 2s
premium; and Bank Stock 200 to 205.
may be worthy OF remark that the difference in the price
OF Consos between the commencement Of the year and
It's Close about 81 Cent Consos the fret week in
Janusy last year beng 1908 Bank Stock the same
time. 2l2 The highest quotation at presents Dos.
There has at last been something Of approach ac
nvy IN the Foreign market this week. although the deal
ings have not been OF importance The great in
The aspect OF the market presented with
inc long continued heaviness and inactivity the general
advance snd hrmer tone OF prices; which,
have improved TO eNtent The increased vnlue M
Consos aud the general improvement Of oil business ops
ranons whilst they produce advance in quotations. dis
pose the dealers 10 operate freely In cases in
which business has been neglected for same time.
REPORT FOR THE WEEK ENDING DECEMBER 26.-The
long expected document Of the Presidents Message has
mad htle or no effect Cotton market. Although
this important be said preserve the lofty tone
that was expected from there in favor of in
ieests OF peace and cancellation rising up both countries
hat the public seem TO regard the issue Of the disputed
point with the best hopes of adjustment The agits
tons IN the cabinet the government of this country
having IN some measure subsidized the public have
been isvoraby effected There also less alarm prevail
ing about the poiaoe crop and the famine question general
Y These together have given better feeling to the ma.
nuaeung Interests OF Lancashire and have therefore
IN our cotton market, without experiencing any actual
advance IN quotations of prices What participated
IN the general Improvement We still lock with much inter-
est to the reports OF the in the United States On this
poin' moro 10 nothing and therefore merely
repeat our opinion, stated circular Of Friday
namely that will probably prove equal the crop of Las,
year ou so lar as regards New Orleans Of much better
quahy ls9OO American have been taken spe cuaton
and lOO American for export The sales Of this day are
1000 bsgs The sales Of the week are 90 $40 bales
LIv1rooL CorroS MARKET January 3-Tho sales TO
the 5isi umo having been ircuded in annual tables
published on that day. further statement will be made
up until the 9Th instant; may however be remarked that
the demand eonuniss good the sales OF avs hay
ing amounted about 30 900 baps nearly all 10 the trade
and the advance OF ID upoa American quoted 3lst
December, is fullyimaintained
LIVERPOOL MARKET, Jan-Provisions.-A American con.
nnue IN have steady demand without any alteration in
price, Prime. in bond for ships stores rule as flow.-
nda Beet lO5s to lO7s; Mess eos to 95, Of 1886
lbs; and prime Mess sos S5s per etce OF 3O4 lb-
American Cheese ready sale 5Gs TO Cos for good
and hae and DDS TO SIS for inferior and mddng Foreign
Cheese held higher rates. but little business has been
done English quiet, the finer qualities finding buyers at
former terms.
TosAcco.-The sales OF the month"; though not large
nave been ar and the purchases confined principally for
Ireland and the home trade, speculation and but little
inquiry for export purposes.
About ono half Of the new now sampled comprising
an equal proportion Of Virginia and Westerns the former
proved expected much better than the previous import
the latter good IN every way, and both generally in fine
order and condition.
In prices make alteration the finer and most CO.
loury descriptions still commanding rates; though
win ordinary and mddng, holders much easier than
the earlier part OF the season. and unless some difference
should arise between this country and America, with
large stock, and manufacturers pretty well supplied She
case at pIesen see any prospect Of an i'm
provement on tho present quotations.
SUsAR-The homo trade has felt disinclined TO pur-
chase Colonial Sugars Of late and the business trans
acted privately has been very limited. Merchants how
ever have carried fmness BY bringing scanty supps
only msrket little variation has therefore, taken place
In prices The irket closed with hrmness for all
suitable for the scale and pam Brush.mude Sugar has
now dull sale, owing TO the late fall in the price Of
Sugar. Prices only nominal ASS TO Az.
eWL There 10 still only a moderate quantity Of Re.
fined Sugar being produced and prices are low in compa
rison with those that prevail for tho Srcle.
The Promotion Of Agriculture.
ia ms lain ha Of naI,