The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1847-09-11
LATE FOREIGN NEWS.
aHs.
416lEll14 t 81
From the Ohio Statesman (by Tslssraph3
Arrival Of the Steamer Caledonia
FURTHER DECLINE IN BREADsrurFs'

OA kxEh 0ANLAGN6 A@S Dss>ses~~ = -
PlrrsnuacH, Sept. 2, l2l A. N.
The steamer Caledonia lett Liverpool
the 18th Of August, and arrived, via
Halifax, LIST inst, al Z O'Clock SON.,
left again a, II o'clock. The Calsdo-
mia brought 100 passengers. .sx
MARxETs.--A serious usdownwardten-
dency has taken place IN the grain mar
ket, since the departure Of the steamer
Of The 9Th, only occasionally arrested
BY repeated broken weather.
This, however, has failed 10 give q
firm tone to the market; though at the
Liverpool market, Aug. 1s, the above
| quotations were freely realized, greater
| confidence was manifested among buy
ers. The certainty of a bountiful har.
vest at home. coupled with the COM
bined large imports Of foreign bread
| s,uffs, forced upon our markets by the
| necessities OF holders, must exercise a
| still stro niger depressing influence upon
trade. And it may be iairly inferred
that markets have not as yet refrigerated
to any thing like the point to which
they appear destined TO fall. @
In the London market, also, a similar
Ianguor has taken place, which is &C.
celebrated by the alarming failures
| which have occurred, and this market
| continues dull, a. prices rather in fa.
vor Of buyers.
| I, was hoped by many that the un-
favorable accounts Of The growing crops
brought by the last steamer would give
vitality to the market. "
The commercial and financial money
market, owing to a variety OF causes,
has become more seriously depressed
since our last advices per Cambria.--
Primary causes Of this state Of things
are the advanced rates Of discount Re.
quired By the Bank of England, whose
| exao pie is followed by all the private
and join, stock banks Of the Empire,
and n succession Of disastrous failures
in the West India and American trade.
Up to last night, the actual bankruptcy
sioppagrs were little shor. Of two NIL
lion pounds, and it is apprehended that
many Of these will fall heavily upon
American houses. Yesterday. IN Lon
don, the public sure,ies had newhat
recovered from the depression OF the
preceding day, and fluctuated merely
from the tone Of the market. Among
| manufactures business we"rs most
gloomy aspect. nor is there any hope
OF Improvement 1t momentary restric-
tons shall be used. This is the natural
result Of state Of things which renders
bills on London Of less than one month
unavailable, and which not only para
lyzes our colonial but seriously affects
our CO numerical transactions with A.
merica. eaa
GENERAL lNTELLlGENcE.- cleo
tons are nearly at an end, and show an
increase in favor Of liberal ministry.
The Queen has arrived in Scotland; ;
her tour was completed in about three
| weeks:
A rumor was in circulation n on the
18th August, that Louis Philippe had
been assassinated. London papers Of
the l9,h bring no confirmation Of it.
Ia Ireland the elections have been
somewhat more stormy than in Eng
land, and the returns will stand very
much as they did in the last Parliament.
O'Connel's funeral was celebrated
with great pomp. The event has left
no after excitement ofany sequence.
The political aspect Of France is
threatening enough. A fierce contest
is waging between the government and
opposition presses. The latter charge
the Ministry with corruption, and the
failures of the financial matters. The
French lightly participated in the en-
barrassment caused BY the raising Of
the rates of discount in England.
Portugal is quiet, and the Spanish
force have been Withdrawn from O.
porto.
In Switzerland the Federal Diet have
required the discontinuance Of the Cath.
oils contributions, as being hostile TO
the general welfare. a.
The accounts from Italy vary. The
progress Of liberal opinions, particular
y in the Papal States, is viewed with
great alarm by both France and Aus.
tria. si @ 6 @5es
Gen. Armstrong goes out in the Gal.
edonia with dispatches. The Caledo-
MIA carries out f30,0oo in specie.
STRANGE CANDIDATE During the