New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-11-22

terett on money ldk flsrI rum oHt - -
cent There ia an abundance Of real wealth 10 the Uni
ted Kingdom and provisions are cheap and plentiful
but there /, want Of confidence and money.
10 ls3s there - millions Of dollars IL bullion
At the Bank while In 1899 the specie had fallen under Is
millions snd the discount risen from 81 to with plenty
of failures Of banks merchants and manufacturers In
ls4o There was this essential distinction, however
between that period and this though the country
banks were not then restricted In their Issues except BY
the fear Of bsnkruptcy-now they are all limited and
hence an increased pressure on the Bank Of England
Il IL probable that at the meeting Of Parliament the
country banks will have again demanded authority TO
issue withou, restriction. ga before 1874.
!, was stated IN the London journals received By the
CaledOnia that the Emperor Nicholas had agreed to buy
British Stocks q. the present low rates to the amount
Of fifteen millions Of dollars and thus in messure re-
lieve the pressure Perhaps be has changed his mind
for Parliament 4. now in sesson-the frat session Of
the new Lesslsuresbd this early 10 the best
possible evidence that the of the ns,ion is such
TIL neither Wings nor Tories ms both TO
gether are willing longer to assume the responsibility
of the measures that may be required
Thst the new Legislature IL likely TO prove more
eminently practical more democratic In lie views and
more influential with the than any that has gone
coded. And lie herculesn task 10 before IT,
ireland 10 in state Of Constituted Anarchy and a.
Lord Clarendon tells ths Bishops in many Districts
there exists DREADFUL MISERY" mo language" says
Wilmer 10 bis LiuePooi Mail could convey anything
like adequate idea Of the prostrston of confidence
and credit which has taken place 10 England The laws
of En,sil and Promogeniture, the Game Laws with
other regulations whereby the coil Of the United King
dom is retained 10 the hands Of comparatively few per
sons and not holf erhtpG,ed have thrown the nstion
twice upon foreign countries for supply Of food within
the LAST eight years although 1t nae abundant means Of
supplying all la inhabitants In the worst Of
the soil In the hands OF the husbsndmsn, and the
hch copdem to bsrrennoss Abrogsted
Overtrsding, living entirely on credit; mammoth
speculatons unwsey entered into at home and abroad
losses breadstns produce and manufactures with
very extrsvsgsnt and expensive system Of government
In Church and Suite loaded down with the war debts
Of ages of misrule immense held by Of cspi
tai In bills dshonored by the debtor, and the very crit
cal situation of Coleman sfsrs-s these tend 10
increase the difficulties with which Parliament has 10
dsal-bu we trust II will BE- found fully equal TO the
tax and that reform and retrenchment with better
and system will eventually restore private and preserve
public credit
Let America take warning by the example Of log
land. and escbew glory arising from foreign con
quest The eighty millions have spent on the invs
son Of Mexico 10 larger than FIVE millions of per
sons cay million Of British lhborers and their families
can earn 10 year toll they may Mr. Clay IL right
II better for to stop bfore debt aud taxes
rival those OF England
Mr. James Stephens removal from the Colonial Office
Ia hsiled BY Of the liberal London journal
,,s AZ the dawn Of better day for the subjects Of
Great Britain in her foreign possessions and probably
they take correct View of the subject Few have
exercised more extensive influence In Colonial affairs
during the las, twenty FIVE years, than Mr. Secretary
stephen.
LoUIsiNA-The vote of Nstchitoches $50 for
Morse leaves little room to doubt his reelection.
At the same time by electing two Wings out Of
three to the Legislature il strengthens the hope Of
a Wing House The returns now sum up:
BAis. Loco. To come in.
senate. ..--...--...l} II
HOuse...--- ..----.4o y IL
Should the residue come in as before, the House
would have Wing, the Senate Loco majority
making tie in Joint Ballot.
BARsBURSERs AHEAD Tho Loco Focos Of the
Legislature we learn through the Albany Atlas,
held caucus on Thursday evening last and re-
commended a State Convention at Utica on the
10th Of February, lsis, for the purpose of de
termining the manner in which delegates TO
a National Convention shall be chosen
This action is reputation Of the resolution
Of the Syracuse convention, insisting upon the APP
pointment of delegates by Congressional Districts,
and is a triumph Of the Barnburners the party
favorable to the present Administration The
Albany Alias states that this decision was adopted
by five out OF six of ali the members present
Croswell, foreseeing evil hideth himself-that is,
be made trip at the time 10 Washington
70" THr UNITED STATES CIRCUIT CoUKr for the
Distrc, of Rhode Island commenced a, Providence sst
Monday. Hon. Levi Woodbury. OF the Supreme Cour,
and Hon. John Pitman. District Judge. present.
Judge Woodbury. char go pronounced by the PrOvi
dence papers distinguished BY ability and earnest.
ness The honorable Judge, We hope. does seek 10
leave position for which he qualified for another
where his capacity might be less potent There being
NO business for the consideration of the Grand Jurors
fact creditabo to, and easiy to oe believed Of
such good sound State As Rhode lslsnd-they were
discharged the nrst day.
MIssissRPI-The following letter from a Loco
Foco to the New Orleans Delta gives some sddi-
tional particulars.
JACKSON Nov g, lsi5.
DEAs sra Enclosed 10 . slip which viii awe The
most important Information received. Tompklns ID
elected BY about GO usjoriy sharkey by upwards Of
eco. McClung 10 badly beaten, and we believe that
Thor,pson has beaten Josselyn. Brown. opposition
stamps has been beaten for Secretary OF State by Pat
tersoa lnpendeut have travelled mach the cas-;
ru and north eastern sections OF the state this Fall and
found every man Wing and Democrat pledged 10 for
Dsvis for senstor. He viii be elected This st0 nos
tie will will have large majority Of Democrats tn eau
Ia haste, yours
GsoRoIA--The following officers have been
elected BY the Legislature Of Georgia:
NC. Barnett Secretary of State; d. L. Boutwell,
Controller VIM. b. Tinsley, Treasurer p. NJ. Comp
ton. Surveyor General; r. NJ Orne state Printer
MoRE rHAN PRiscELY REvEsUE Our State
Canals are Tar exceeding the hopes Of their mos
sansrlne friends, They this year pay gloriousiy
Inc Tolls already received exceed the amount
paid last year, TO the same period. ssss l54 Co.,
Inc excess over the entire receipts OF last year Il
sIo'.sa 81 The whole amount received up 4
this time. is 50 500 00ol The tolls for the n,
cal year Of isi7, show an excess over 1916. O
So73,59 l6 lab. Eve. Jourpai