The New era. [volume] ([Portsmouth, Va.]) 1845-1847, 1846-05-05

into circulation large quantities of ~ n;,,, o.ng
nave been Withdrawn from the ordinary cbann"is
| of trade. e"ahneis
| We are, too. in the midst Of the Sn,;nn
son, with sunshine and balmy a,mo.nhs,s
fhysicai causes always exercise their infIu.n,.
clouded sky has always been found inim;,, I"u
business. In our changeable climate these CAM )"
es must be taken for what they are WORKS.
cessary iransi i've, and often illusory.
The Tariff, like Mahomet's coffin, ia sp.,s,.
ed in mid air, between the higher and the Io.s-
powers; but, pending lis fate, moro advan,,ra; =
being taken of the Treasury order for lber,,i,a
goods from bond. on payment of tho red uced dn
ties. During the present week The receip,s :,
the Custom House have been laTga-a toler,hI.
proof that the commercial world think the Tar;er
VIII ultimately find its way 10 the statute book
There has been sumewhat serious failure hi.
! week In Liverpool. and rumors touching the Ct.
o'liiy ct other firms abound. The firm in oues-
ton, Messrs. Carne and Telo, are extensive ma
chants in the Russian trade. Their liabilities
are said To exceed half million of dollars. O,a
OF the joint stock banks, which suffered seriouslv
| by large failure some six weeks ago. RI.
unlucky creditors Of the House to a cunsiderahla
amount.
l The American provision trade has partaken of
the facilities which the Treasury order affords :
Considerable supplies of beef and provisions have
been released from bond under the low duties and
are finding their way into general consumption.
! LIVERPOOL. APRIL 1l.--Discussions con-
tlnued as to how tho Tariff will fare in the Lords
The opinions Of some 300 members of that House
are ascertained. it is sad and they are nearly
leaually balanced but the views Of some SO more
are oscillatng Upon these the fate of the mea
sure and of the Government depends. II is as
4 serted. with good deal of confidence, by the adj
vocates of the Tariff. that majority of at least
rs will affirm the BILL but that some amendments
\ IN committee may endanger its existence. There
] is still much speculation afloat on the subject.
4 LONDON, April l0-The bill for promo.
i ting the spontaneous dissolution of railway nm
jects will undoubtedly afford great present relief
to many embarrassed parties. and through them
to the mercantile world When scrip. holders are
already en- nldsse running away from their bills.
IL is as great mercy TO release them from their
self-lnfiicted encumbrances to detas h tin ke-
tie from the tail of terrified cur 1t is, howey
err in such plans of present relief that the great
Jest danger is found.
Upto this day, after all the failures on the stand
ing orders, and on the merits, there are railway
bills before Parliament to the estna ted capital
OF more. we believe, than ego, 100000 Rash
ness whether of confidence or of panic, is mat
ter beyond the reach Of calculation, go we need
not hazard conjecture as to the proportion of
this capital likely to be released by the promised
measure. But if third should be 80 released.
there remains select class of lines to the amour,
lof @l50.O00, 900. We shall be told that if the
Operation OF the bill is not moro extensive than
this, there can be no great reason to complain of
lIts influence, extending by superstition. only 10
the most rotten schemes. But ws haze great
reason to complain We want legislation for the
ESQ, 900 .O00a as well as for the 10000, 900. We
want comprehensive and discriminate selection as
well as rude Tipping. The measures, in this
lease does mischief by standing in the stead of
something more rational and searching We
shall have To repeat the complaint we made at
the close of last sesson--that the Legislature
sreated tho question only in detail, never as a
whole. While parliament is fatiering itself that
the license to dissolve is saving it great deal of
unnecessary trouble, il is neglectng its bounden
duty with the surviving schemes
! The Ship Ceylon, of New York, E. Cook
master, left Newport, Wales. February 18th,
with cargo of iron for New York. In gals abe
sprung leak, which gained so fast the crew was
Obliged to take the boats, make towards Terceira,
and when within TWO miles of the place, the ship
went down. The brig Vestal took up the crew
and part of them were subsequently transferred
to the ship Windsor Castle, from Liverpool for
New Orleans. at which latter place they arrived
safely, the lest went to Lisbon in the Ves,al.
|
Vaughan has been arrested at Memphis Tenn.
charged with having robbed the u. S. Mail al
various times, between Memphis, Tenn, and
Huntsville, Ala, in sums, it is supposed, of not
| less than $4,000 in all II is computed that
| not less than 1000 letters have been distracted
| from the mail bags, by means Of false keys, and
Vaughan had in his pocket, when arrested. three
1 Keys which fitted each Of the three patent mail
\ locks. He is supposed to have numerous accom-
| plices.-W Y, .Ns,os
| ANOTHER CONVERT TO CArHoLIcIsm-
| Mr.. VIM. II. Walsh. young man belonging to
one OF the oldest and most respectable families IN
Boston, graduate Of Harvard College, has sailed
Tor Europe, and will proceed to Paris TO study for
! The Roman Priesthood
| HE IRON REGION OF Ono. There are
! tweniy-ihree blast furnaces in Sciota and Law
renee counties, Ohio, which will mako this year
iio7,45O tons Of pig, which, at $50 per ton, the
current market price. amounts to 81 1923 500
Each furnace employs on an average 100 hands.
4
I POTATOES FROM THE AzoREs-The fortu-
nate position Of the Azores has exempted the po-
taio crop Of those Islands from the plague which
has so extensively prevailed elsewhere. We OBJ
serve that large quantities have been imported
N.-a. -.