The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-07-20

nor,) was IN the cnair. 1he minutes of the last
court having been read by Mr.. Perry, (the secre-
tary,) the governor proceeded to make some OBJ
servations relative TO the general bushes. of the
company, which may best be understood from
the subjoined statement :-Sales, 3,767 acres
crown reserves; 3,62l acres Huron tract 3SS
leases, ,066 acrrs-making total Of l9,454
acres. Receipts to 9th May, E20, AIS As. l0d.
dividend was declared at the rate OF six per cent
per annum for the half year to July next and
alter. Sir j. Easthope made a few remarks
upon matters before the meeting, and described
the very ,tisfactory position in which the CON-
pany stood. The court then adjourned
The SUGAR DUrrEs.-Whatever uncertainty
may vet be felt as TO the ultim settlement of the
sugar duties, there need be none as to the course
new ministry will adopt. The notice placed by
Lord John Russell upon the books of the House
Of Commons early in the present session, Of his
intention to propose the equalization Of the sugar
duties on free and slave-abor sugar, sufficiently
marks his course on the most important point to
be considered. We do not doubt that the imme-
date and total abolition of the distinction against
the produce of slave labor will form an essential
part OF his scheme, wh,tever may be its other
features independently of the futility of the dis
hnction ITSELF there is now no alternative, if it be
retained, but TO put the country upon short al
iowance OF sugar; ana reduce the revenue from
will, from concurrence Of circumstances, send
MS less sugar than usual this year. In the west
the freelabor crop is short; and from the east 1t
has been transmitted to Europe without "free-
landed in an European port, it becomes nadrnis-
sable here under our navigation laws. Last year
the Java sugar sold so low in this country that the
Dutch governmentts year has ordered il all
home. On the other hand, the crop in Cuba is
said TO be large enough TO make up all defioien-
cies, besides answering the usual demands upon
it. II, therefore, we persist in keeping out slave
grown sugar, we shall certainly have very little to
eat, at very high price the revenue will suffer,
and that must be- made up in some other way |;
and what we endure in want of sugar, and pay
in extra price and additional taxes, will not in the
slightest degree tend to discourage save-grown SUI
gar, as such. The extra produce of the Spanish
colonies raised by slaves, and the produce of Java
raised by free labor, but consigned to Europe and
therefore equally-excluded from our market, will
meet in the markets of Europe and America, and
command but one price-that fixed by reference
to quality, and the relation of supply to demand.
This will, of course render entirely nugatory all
we may think ftto suffer on account OF the slave
trade.-LondoH Giots.s.l,.s .,,.~. = e. &,
N.w RussrAs rxasrr.-We have much salts.
faction in furnishing readers with the modifi-
cations which have been decided upon in the
Russian Tariff. Ii will be seen that they chiefly
affect articles Of produce shipped from this mar
ket, but MT produced in this country They are,
however, OF great importance, notwithstanding.
The articles of indigo, logwood, coffee, &C., form
very large trade between this country and Rus
sia, and it is essential to trade with the trans
atlantic countries from which we import those
articles, that the markets of Europe should be en-
larged much as possible. The trade in indigo,
particularly to Russia, is the most important
branch of our transportation trade to any part of
Europe, and immediately affects cur trade with
India. The only articles of British manufactures
affected by this change, are the enumerated de-
scriptions Of woolens. The report, circulated
some time ago, that cotton WOOL cotton twist, and
earthen ware, were included among the reduc-
tons, seems to have been without any foundation.
The following is a Inst OF the new duties, with the
old duties prefxed, for the sake of comparison =
N,,, Dufy. Old DIV