The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-11-10
Foreign Correspondence.

The Provision Markef-The Scarcity Shrtvdasss Of
Louis Philippe-TAs Camsria-7Hs Grest Britain
The United States asd Merieo-E English Navigation
Lays -Defonating Cotton Tnsafrieais-P ohties The
Spanish Mar,fages-Ireiand
The subject doubt most interesting to you IL the
state Of the provision market though to be presum.
cd wheat and other grains have attained their maximum
your side Of the water The rise prices IL main.
tanned here and it is the general opinion will continue
undated even until the next harvest American -four
within the last few days from ass to ass per barrel
and Indian meal from AIS the quarter The latter
article very scarce and in great demand at Liverpool
for Irish consumption When II is considered how unu.
suay productive the late wheat harvest was through
out the country and what quantities Of wheat in bond
were liberated by the repeal of the laws exceed
ing sixteen million bushes) and also the quantities i'm.
ported this great and continuing rise is rather surprs.
continuance of the temporary import duty end there is
no doubt that ministers have determined to open the
about fortnight 1t is, indeed. outrage upon com.
mon sense to be Offering up prayers in all the churches
Of s s% the
ment duties Another strange anomaly exhibited in this
crisis is the fact that while ireland suffering under
actual famine yet wheat OATS and other provisions are
regularly exported from Ireland to Liverpool and a. re-
gulary quoted in the market An active expectation is
famine panic II to be supposed that the laws Of
mercia profit preponderate allother
they naturally will do at all times The scarcity upos
the Continent Of Europe is said to be SUCH that Il Is in
contemplation to call an diet at Frantfor
to consider the necessities Of the German States.
Meantime, large fleets of transports with wheat
from the Bosphorus to Trieste and the ports
Of the Euxne, for the supply Of the Austrian Empire
masses in France account OF the rise in price of
bread and slight disturbances have broken out in
tent of suffering in France in other countries owing
IN great measure to the cautious prudence and foresight
the stores he has been gathering for Years pa. Of
and other grain Thus, as 1t were artificial and sup
Elementary harvest is made to come to the aid of the
present years deficient harvest, and by q judicious
distribution nulli6es its bad effects and prevents
bread from reaching famine price. This cautious
and prudent monarch has herein shown his sagacy and
knowledge of the French people, for he well knows he
could not hope to sit long upon his throne in security If
could not satisfy the Psrsans unless he Tsp The price Of
bread low enough for the working classes and this he
has always since he ascended thehrone managed to do
with great skill this is singular but true One imme-
date effect Of the potato famine in Ireland is that the
people there eat bread, food to which they have
where ovens were never known before, and in conse.
quence OF the bread baking journeymen bakers in
in former years were about las per week. have risen as
high as ass and in some places s4s and
mote effect Of the same famine Of potatoes will be the
which formerly were dedicated te potatoes being
very generally sown with rye the seed is literally sup
piled to all who will get their lands ready fo- it. For
merly large supplies Of rye from the Baltic but
this year the rye crop has failed in the north Of Germany
Canada the United States are the only places from
whence supplies can be derived But heavy COMPLAINT
come in from Canada to the colonial department q gov
eminent that they losing their trade under the
ton of free trade. And why' Because they cannot
compete with the energy and skill of the American
aour is shipped from New YORK al d. and even more
cheaper than can be done from Canada
The Cambria arrived the l4th bringing interesting
intelligence of American shairs Blythe bye did not
receive my papers by herr Great fears were enter
have had terrible gales on the coast and many wrecks
All hopes Of getting off the Great Britain abandoned
there she lies in Dundrum bay magnificent spectacle
mratioD and grief Of all who her. There 10 dispo
sition among nautical men to blame Capt Hosken. 1t
seems st Johns light duly laid down in all the Ad.
mirslty charts though not in the he had provided
at all events. he is great sufferer and is much to be
piTeo ne ma; los. az ne nad oy the untowsrd event
some Of the British merchants here in reference to
,s s BY
American goods and merchandise have been permitted
TO pass the blockade while the other nations are ex
led it there is real foundation the allegation
You will know all about it, az you have your core
great battle Monterey By this time no doubt il ID all
stale news with you; but will be to us when il
6S:1 played S BY the
was concluded between the United States and Mexico
with lot of strange Particular II pretended be
brought by steamer from Vera Cruz to Havre, but OBJ
tanned no credit and was thought to be stock exchange
trick Indeed there has been indescribe clam or or
weeks past in the share market in respect of the
Mexican loan conversion scheme. and the subse.
quent reputation Of the plan BY the new gov
eminent eminent When it is considered that above sixty
England by Mexico, and the bad faith exhibited by
the Mexicans, under every government, is not
by the public You may do what you please with them
England will look with satisfaction to see them pun
shed they deserve. Ruined they be- for that
they already and long have been As a nation they
afford melancholy illustration that the old proverb
o naon a. Of Individual syrsv NJ Mr. w eo
from the success whichshas attended his presidency
military transactions may deserve the coEnomsn Of
Felix" What q wonderful aspect of American enter.
prise and courage Four armies route in different
directions upon Mexico, advance within $50 leagues
California Americsnized, SC. Sc! Such s the view
which opens reading the accounts ofAmerican
Perhaps the most interesting event in commercial
matters, is great movement which 10 being made
BY the combined energies Of the commercial CLASSES
obtain repeal Of the English navigation laws which
subject American trade especially to the painful
and onerous restraints The burden Of these restrictions
chiefly falls upon American traders and they Justly
considered highly impotic and unnecessary, and that
they cannot be maintained against the United States
pe The mon.tsy Of the East nd. &c Cone
pany has excited aiscontent and called up the at
tsntion Of commercial men and it Is hoped reform
may, by dnt Of perseverance,, be effected II is sys
advancing money goods stored the warehouses Of
the Company in the East Indies leading to system Of
bilidrawng nurously affecting the rates Of exchange
and r ansactions and producing all the dis
orders which flow from disorderly speculation.
Since the preceding was written IN reference to the
rise Of wheat and -four, the rise continues steadily
augmenting As an extreme, yet not at all improbable
that shirtytwo million bushels OF wheat will be required
for home consumption, within the time from now t.
next harvest In August next-that wheat will rise
as high price as LIS Cd bushsl-fve and 81 4 shinss
being the average medium price in ordinary times. 1t
would require all the available British merchant ship
ping to be employed in conveying the required
The average price for the whole kingdom, to-. ay,
(Oct 9th is above COS the quarter Is Cd the bushel
-four 33s per barrelholders holding back for higher
prices American wheat IS I'd to % and Cd per bushe
Indian 65s for 45O lbs.
In Manchester, vain effort is being made to keep
down the price Of Gotten Rather than buy present
rates. many manufacturers prefer to curta their works
Trade in consequence is bad Cotton, however main.
tains its ground; and doubt will rise still higher
Last quotaonsgsod Sorts at Liverpool sold at Sd half
penny.
What revolution in the art of war lars herrenda)
will not the cotton gunpowder effect Only think just
by dipping a little cotton in q little acid you have mate
rial enough to blow up whole city in the air In few
minutes! Quosque tandem! suppose the engineer de-