Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1846-10-08
Seven days later from Europc.

4E{zr STEAM SHIP GREAT WESTERN $500.
Seven days later from Europe.
Important Commercial Neses-Adrauce in the price
ef all descriptions Of American produce.
The Great Western arrived at New York on the
Both Sept. On the Goth and 2Ist instant experienced
tremendous gales; lost wheel-hOuse, quarter boats in
house, and suffered much other damage. There is no
positive news of importance The market for all de-
scriptions of American produce was advancing.
The news from India is of rather unexpected inter-
est. The victories which the British army had
achieved the banks of the Sutlege have result
ed in that amcable arrangement and profitable settle
ment which was hoped for, and prematurely boosted
OF. Ghoolab Singh finds himself beset by pecuniary
difficulties; and he either cannot, is unwilling 10
pay his debts. All such emergencies in India will
lead TO the finest development of resistance to the
British claims. Consequently the war will have TO
be renewed IN the Punaub and the province of La
bore; and the territory condtionally assigned to
Ghooab Singh repossessed and attached to the British
territory.
The Improvement in business which we noticed at
the sailing OF the last steamer continues, and mat
tiers are nearly in the relative position when
we last addressed readers. The failure of the
potato crop influences the price of provisions of every
kind Bacon and hams rising rapidly, as a
glance at our market returns will show.
Indian corn is also increasing in value, as in fact
is almost every other kind grain That the failure
uuitiples the wants Of the aborng classes in Great
Britain is undeniable. The advance to which we
have alluded may be traced TO the increased demand
for other descriptions Of food and there is every rca-
to believe that the present prices may be main
tained if indeed they do not advance. AS an article
of human food, the Of potato seems likely to be-
come extinct. The injury may be temporarily press
ing and productive no doubt, Of suffering, but u-
mate consequences hardly fail to raise the cond-
ton of the Irish peasant, and to improve his social
habits. He will be raised in the scale of civilization
by having higher and more nutritious Kind of food.
There those who contend that the potato has been
q curse, not blessing TO Ireland
The cotton market continues steady, and although
we cannot fix higher quotation, yet some de-
scriptloas there has been upward inclination Con-
siderable anxiety prevails respecting the new crop
The next accounts eagerly looked for, and prices
will probably take their complexion from the advces
by the incoming and the succeeding packets
The liberal way in which the government is acting
In Ireland disams oil fear Of national starvation The
employment of the people public works in Ireland
will, it is clear, be carried out on a large scale
The present popular lord lieutenant has already
sued nearly fifty commissions for the holding of colo
nial sessions in different parts Of Ireland and upon
the investigation and decision of the majorities in
session, to their respective districts, he will act
with the confidence which exists at present in the
money market, and the encouraging prospects that
are before US.
The grain markets with US. with our continental
ueighbors, are on the RISE Whatever affects Eng
land influences the whole commercial world. II will
be perceived that everywhere animation prevails and
that the theory of free trade will have plenty OF
scope for the development Of its alleged benefits, or
some contend, its injuries.
The rayages of the cholera have diminished in
Scnde: and it appears they have been exaggerated.
The failure of the potato crop is universal. The
reports from every part of the United Kingdom arc
appalling whilst letter after letter from the continent
detais the ravagcs which this strange and roac-
countabe disease has made in France, Belgium, Hol-
land and Prussia
The crops in the United Kingdom are not more
than average, either in quantity quality. We
must, therefore, look to otter countries for supply
sufficient for the large and increasing consumption
that Is now going forward.
Again, the accounts from France, as to the harves
IN that country, are most distressing.
very large quantity of wheat will therefore be
required for immediate want, all the north Of
Europe, for the staple article of consumption has
yielded mserably short.
LoNDoN.-There is very little Indian in the
London trade, and the immense extent Of the order:
for Ireland renders improbable any importation tC
England sufficient to affect the market for for the
present year.
On the 10th, foreign wheat was held about Is. pei
quarter higher, and flour in fair request-fn,
American now bringing 20 to 31s. per Dbl.
LIvERPooL.-Our market here has been like that o
London, rather animated for all kinds of grain. TIE
demand is extensively large.