The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-05-21
Extract ofa letter from .Ns,p York, May 90.


al have before me the Montreal Gazette Of the
18th inst. This is the government organ for the
Canadian provinces, and is supposed to express tn
sentiments Of her Majesty's government in that
quarter. The news Of General Tayor's position
with the skirmishes which had taken place togeth-
with the call for troops, and the proposition Of th'
Military Committee in the House of Representatives
to raise so 900 volunteers, and vote $40 600 900 for
the defence of the country, had been received in
Canada. The speedy commencement Of war be-
tween the United States and Mexico was expected
10 follow.
the United States. taking the same grounds
against us which have been assumed by our own
federal organs. Hear what the British organ says;
prefer to let 1t speak for itself:
"'The Rio del Nueces has always been con-
sidered the Texan frontier, and the advance Of
single soldier beyond it, conceding the whole
question Of the Justice Of Texan revolt and subse-
quent annexation would have been positive act of
hostility. But the advance ola whole corps farmee
which, Insignificant as it is in numbers, is declared
by the President of the United States himself to be
two-thrds of his whole disposable force po-
sitive invasion, and it was evident that none but
prudential considerations would arrest its further
progress. 1t was piratical act and was consum-
mated by a most extraordinary procedure on the
part of General Taylor-that OF declaring the port
Of Matamoras in a state Of bsckade--the blockad-
ing port OF nation with which he did not profess
to be at war; which had offered no hostilities, and
that on the part ola nation which has always been
extremely Jealous of the right of blockade, and prac-
cay denied its existence.
"'The Americans have now very difficult card
to play 1t is very doubtful that the great maritime
powers will allow them to blockade the Mexican
ports and ravage the coast. But il they are allo,oed
10 do their porst thsy make lille impression Vera
Cruz; and, though The Nericans hare nary, by issu
ing letters Of marquee they may ici the most serious
damage on the american commercial marine. We
peat, ho,reper, that oe do not beepe that France aud
England ,chose mediation lpas SO Indignantly ,purned
in The case Of Tera and Dhich hare large interest, in
.Msrico public creditors and as propretors Of mines
tciH tolerate such arocious proceeding The bockad
ing and devastating the coast Of ally, who has
done nothing more than defend hersetfrom unpro-
uoked inuasion
81 nigh add extracts from the Tribune, Express,
Commercial, and National lntellgenoer in unison
with the sentiments of the Gazette did my space
permit. Which is worst, the religious American
editor Of the Evangelist, who derives his subsistence
from American patronage or the editor Of the Ga
zette, who is paid by his government to abuse the
United Statesl
"The bank returns, complete, have been made,
with the exception of two or three country insttu-
tons, whose united circulation is said to be about
S450,000. Their comparative condition for the
quarter ending the lst instant, with that of the LIST
Of February last, is thus given by the Albany Argus
Of yesterday:
COMPARATIVE CONDITION THE BANKs-It
will be seen by the quarterly table, which we publish
to-day, that since the February report, there has
been an increase of s693S6l in the loans and dis
counts 1910 $40 in bank notes, 81 2I3 976 in circu-
laton and 1912 9ll in government deposites and at
the same time, a decrease Of $3.50 759 in specie,
$40 500 in cash ITEMS S943 499 in circulation and
S542, asa in the amount due the canal fund. But
the two items which show the greatest reduction,
are the aggregates doe from banks and to banks; the
former having been reduced 81 1891 ISL, and the lat
ter So 0l9 SIS. As the latter reduction, the payment
to banks, has fallen chiefly on the Albany banks, il
has been well calculated to test the solidity Of those
Institutions, and the promptness with which they
have met those liabilities, TO establish it,
"The stock Market on an average, fell of from |
a u per cent,
prices:
Upland and Florida Mo. an o.
Inferior none none
ordn 10 good ordin s,s7I qs7i
Mid TO good mid. Ha7b mas
Mid fair to fair 7lasf 9ao
Fully fair to good fair slasi, dslo,
Fine nominal nominal
"Small sales of Genesee -four were made to-day
at "a SCI, and Of Michigan, at a. so Genesee left
off dull at s456i ga. Southern -four is inactive
Corn meal sells at 50 25 50 37l for Jersey.
"Wheat, GeDesee, commands about 81 a 81 II.
western, g5 a 80 cents.
"3,0ll0 bushels mixed New Orleans corn sold to-
day at go cents, weight. Good southern is worth
81 s., weight.
"Sugar New Orleans, sales at 81 a g.; 500 hhds.
sold.
"Molssses, no change to note.
"Propirons.--Sales prime pork at 20 l8i 25j
mess do, Gil IS a ell 81; beef, IS lsi IS for
prime. % Lard, dull. Rice, do.
.tI- 4 ~ lfoht