The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-11-03

I'VE have only room for the first part of the Ia
BILE, embracing parts Of lS43, "A, and AS. We are
compelled to omit the last part of the table, emtra
cling the other months Of those three years. well
as Of 1876
"For the five months, ending with September,
last year, the export Of specie some 81 200 600
Il has this year been but $500, 000. The rute Of
exchange, which usually rises towards the close of
the year, when cotton bills become Short this year
declined under the influence Of the diminished i'm
port above alluded 10, and the increase of produce
bills of other descriptions The foreign prices of all
descriptions Of produce are now advancing, with
| every prospect Of large sales; and as money is
cheap, and specie plenty In London, while goods
are falling here, renewed import of the precious
metals may reasonably he looked for.
at is remarkable fact Notwithstanding the
vast extension Of commerce all the world, the
great increase of industrial pursuits in Europe re-
qulrlng the of capital, and the enormous expen-
diture Of money in the construction of railroads. that
the quantity OF the precious metals collecting at the
great central reservoirs, say London, PariS New
York, and New Orleans, are vastly greater than
ever before, and money, at all points, is unusually
cheap. At late date, the Bank of France held
s45, 0OO,0 900, mostly silver; the Bank of England
fl3, 499, l02 gold, and 92676 1888 Of silver. The
Scotch and Irish Bank is 3,4.3, 1873 of gold and
silver, together, Gl9 $50 073 S97 945 1865 of the
precious metals The New York banks held
SO, DOC, 900, and the New Orleans banks sc, 900 COO
making altogether, at four commercial cities
945 365 Of the precious metals not in use but
reposing IN bank vaults, while money is unusually
cheap. The failure of the harvests in Europe, and
the superabundance in the United States of the pro-
duce of which they stand in need must of necessi-
ty, disturb the usual current of business and proba-
bly, lead TO large import of the idle masses Of coin
that now repose in the banks. The supply of the
metals is also continually increasing. In the months
of June and July, $40 00O, 900 of Russian gold ar
tvaia md cd ia a1r
large amounts held by the bank. large portion
of that gold was sent to pay the dividends due in
Holland on the Russian debt; and being sent to
London, where it most valuable, was drawn
against in favor of Amsterdam. The ,ohois aspect of
commerce is that Of large and prosperous business
Nth an unusual abundance Of money in the United
States"
In connection with these extracts we lay the fol-
lowing article before our readers from the New
York Evening Post" of last evening
tTHE TARIFF QUEsrIoN.-As soon as the new
tariff was passed, the wings predicted immediate,
inevitable, and everlasting rum to the industrial
interests of the country. What has been the result
With the certain knowledge that the new law is to
go into effect next December, have seen oil
branches Of business prospecting beyond what they
have for years past. New factories are going up
all over the country old being enlarged and
improved, good wages are paid to operatives, and
this branch of industry is going ahead beyond all
former precedent Farmers are receiving, under
the foreign demand, good prices for their produce,
commerce is in high state of prosperity and
trade is in fourishing condition. This is the
ruin which the new tariff has brought about This
is the destruction which that measure has pro-
duced If the prospective influence of the new
tariff has been to produce these good fruits, may
not anticipate still richer harvest Of prosperity
when the law gets fairly into operation If this is
foretaste of its fruits will realization of them
in their fullness prove all that the people could de-
sir