The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1846-05-08
FOREIGN NEWS.
NEW YORK. ArRiL 81.
SIXTEEN DAYS LATER FROM
ETTDnDE


Sia-Cotioa sdrGseed l per 10 -PesFs Tarif
passed q second redding- UnsatiJaetoTy STATE
Of t6s Money Market Gloomy condition. Of
CoRmeFei5l affairs.
The Steamer Calenona arrived al Bos
ton Yesterday at noon, bringing ad'lces
from London TO the Sd and Liverpool TO !
the Ith inst.
The War in India has been brought TO
a termination after two more victories over
the Slkhs, resulting IN the surrender, ~
full sovereignty, OF the territory, hui ana
plain, lying between the Sutlel and Beas
Rivers, and the pay ment Of one aud hall
crore of rupees as indemnity for the ex-
penses Of the war. :.
The British Government had made no
movement on the Oregon Question, aud
the Press was chiefly occupied IN the dis
cussion of other topics.
Cotton has slightly advanced.
Peel's new Tariff has passed It's second
reading.
The news from France is not important.
Spain is IN most agildted state aud APP
pears TO be on the eve vi some great con
yulsion.
We have made up the following summa-
nv of the News from Wilmer AM Smiths
European Tines.
Since the dispatch Of our paper by the
4" Unicorn our adv,ces from Bombay IN.
form US Of two none great battles hasmg
been fought IN India between the Blush
aud Sikh armies, both terminating IN dc.
cisive victory to the former. The FIRST
was under the command Of SIR IL. Smith,
aud the latter Sir Hugh Cough which was
perhaps, one Of the most bloody on record.
In Sir III. Smiths battle, The whole amy
Of the enemy has been driven headlone o.
yer the difficult ford Of broad river his
camp, canon (56 pl, ces) baggage, stores
of ammunition aud Of graIn-his oil, III
fact, wresled from hun by the repealed
charges Of cavalry aud lulanlry +; and IN
that of SIR Hugh Coughs, he S,khs lost
10000 men and 60 pieces Of artillery.
The English had 200 men killed, ID Of
whom were officers, md 1900 wounded,
Of whom l0l we're officers. Her MuIes.
TVS SD and cd regiments suffered cnot-
mousy. General Dicke and Brgadlef
Taylor are among tho dead.
The action commenced 10 the morning,
and The work OF destruction had closed by
III o'clock IN the forenoon. SIR Hugh
Coughs accounts Of lhI- battle proves II 10
have been, Wide Il lasted, one Of the most
terrific on record. Unlike tho able ma,
noeuyeriug Of Sir II. Smith, this affair seems
to have owed It's success to the daring III
trepldlty Of our men, who stoTmcd the en-.
emy's entertainments, b1yonct IN hand, dc.
Tended, as they were, :, 70 900 Stkhs aud
20 pieces OF artillery. HE slaughter was
immense, for our troops brayed the enc
my's fire by reseryiug their shot uul'l thry
got within his entertainments. The nc.
ton terminated in the complete route o.
the enemy, the capture Of his guns, and
the loss of his campanu baggage. Anaw.
ful sacrifice OF life took place on the Sut.
lei, IN attempting iocfcss which, our troops
moved down thousands Of The h,ng foe,
and those who escaped the fire were dsow.
ned in the stream. This victory has put
the finishing stroke 10 the wat. Il has
brought the Slkhs to their knees-and
they are now humble suppliants Tor mercy
and tofb arance, They have agreed to
pay Million and Half sterling, IN the
, course of four years, toward the expense,
, Of the war, the payment to be enforced bs
the occupation Of Lahore.
COMMERCIAL.
r The commercial accounts from al part,
. Of the Country are dc-poudIne and gloomy
, With the solitary exception ol the Iron
! trade, IN which great activity prevails, ow.
E ing to temporary causes, there is not a
e branch OF manufacturing industry wi.ich IS
not suffering more or less under paral, SIS
Ia many of the manufacturing towns there
arc thousands. Of workmeu out Of employ
ment the markets for all descriptions q
Produce are IN "a stale ol s'agnaliOn stock,
are daily on the increase, with sinking prl
ces and u diminishing consumption; and
IN short, a condition Of things exists " hlci
Threatens TO suspend all the ordinary tune
hons OF cohmHrclakand manufacturing IN
duslry.
5 1t Is hardly necessary To state that TIN
: depression, which every week renders mort
Calling and ruinous, has lis primary origit
IN the uncertainty which stu hang, aboa
the fate OF the Tariff. Other cau-cs, un
|, doubleday, contribute to tct,er the wheel.
oil trade, but the great impeachment IS the
one at which We have glanced. A panic
appears to be impending. The dcsponlen
cy 10 daily OH the increase; aud many per
sous IN business, influenced probably by
their fears, labor under the impression tina
the measure viii yet be slruogled IN one OF
the other House OF Parliament.
The Cotton market, more especially, IL
laborIng under the effects Of the genera
depression. The estimates of the new
crop are now reduced to two millions Of
, bales; and yet, III the face of this falling
OFT IN he staple, the price continues So low,
that the rates which rule in this market in.
voIve loss Of not less than twenty sb,l.
lings per bale, on Comparison with the
prices which prevail In America
we have more than once recently re.
IN