Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1848-01-15
FROM OUR EUROPEAN CORRESPONDENCE
LONDON, DGcEMBER IA, ls47.

/ 1910, ana 1917
ls45 1916. ls47.
Cotton wool, euts seas, 500 s,s9O,4l a757,4 6a
Wheat, quarters - 5ls,s24 l,2l9,l7s 1884, 5a5
| Indian corn, quarters. 40 3sl 473,594 1885, 1915
Umefned sugar, (for'n) l65,549 1850, ia
The quantity of grain imported in the four
months between the 9th July and the 9th November
was 4,24l ,933 quarters, of which only 6lO,4 was
l imported during the last month. The flour import
ed during these four months was 1924, 049 cwts.,
OF which only 40I,4ll was imported during the
last month. This great falling off in the importa-
ton of breadstuffs is proof that the English mar
kets no longer afford remuneratng price for those
articles.
l The vessels entered inwards and them tonnage
during the first ten months of 1915, 1916, and lS47,
were as follows:
1915. 1868 4,ll4,5sa 1851 a,soa, s75
I 1916 2O,674 4,l5s,sO4 1880 2,s49, ssa
ls47 .25.52i 5,ls9,a2o 1853 5,527,s65
The returns of vessels clearing outwards exhibit
about the same proportions.
In the coasting trade there is falling off of about
| 10 per cent. in the tonnage inwards, and per
cent. in the tonnage outwards, during the present
year. This diminution in the coasting trade is to
be attributed to the depressed condition of Ireland
The excise returns for Ireland tell similar tale.
The malt retained for home consumption in Ire
land, for the first ten months of 1S45, 1916, and
1917 was l,ll5,054, l,l00S0l, and 1914
bushels, respectively The reduction in the guam
tty of spirits retained for home consumption in Ire
land was much greater. These fallings off are in
dcative either of increased temperance or increased
poverty in the sister Island. We greatly fear there
needs be no hesitation in making the decision.
There is very lachrymose article in Black.
woods Magazine for December, upon the CONNER
of he
free-trade for the late commercial panic, aided by
improvdent speculatons. Owing to the effects Of
this njudicious policy, he says, the real and per-
sonal property of the kingdom has deprecated du.
ring the last few months more than the entire
amount of the national debt! He shows that the
average taxation OF the kingdom, 1911 to 1915,
was 467 ,237, 4l0; that from l84l to lSf5 it was
R49,9l7,S21; that the population in 1915 was
l9, 6060l5, and in 1915, 2S,04l ,266; that from
1911 to 1918 there an average of loans raised
for carrying on the war, nearly all of which was
spent abroad, and of course realized no home pro-
fit, of 927,277 ,SGs consequently there raised
in 1915, upon population Of l9,606,0l5, an
amount of loans and taxes equal to g94 273, or
about "a les. Cd each. Then, taking the amount
of taxation in 1916 as 949,9l7 S2l, and the amount
raised for railroads as g35 100000, the amount
raised on population of %, 04l 1855 4s4,9l7,-
S2l or about 43 0s Cd. each and that therefore the
amount raised from the people of England in 1915,
and the same if not greater disproporton, exists
in lS47, SO per cent. less upon each individual
than il was annually in 1911, 1912, 1913, 1914,
and 1915. Added to this disproportion is the fact
that the 3l00 miles OF railway now open produce
profits of about f9,000,000 annually; an advantage
which did not attach TO any part OF the expenditure
in 1915. In order TO take this entire subject into
consideration, il may be stated that the nett rental
of England alone was
In 1878. OBSERVATION-DISCLOSURES. G5i ,sss,is3
lS4l. ACKNOWLEDGEMENTS. o., 54O,O30
ls47, about ....-........ 65,O0O,000
4 The value Of the personal property in England
In Observation-Disclosures. 81, 200 oOO, 900
II 1871 .................... 2,000 900, 600
1917, about. .............. G,400, 600, 900
These statistics of Blackwood, with those which
gave in former letter, relative 10 the great in
I crease in the importation Of consumable articles,
and the great decrease in that of raw materials for
\ the employment of manufacturers, and the
/ falling of in exports of manufactured goods,
will enable your readers to draw their own concu-
\ sions upon the subject. No doubt they will blame
/ the approximation towards free trade which British
statesmen have lately made, or assign these results
10 other cause, according to their preconceyed
notions upon the subject. | believe have furnish
ed correct materials for their consideration.
The monetary and commercial panic > is nearly
over. But good John Bull likes to have something
7 or other to give him employment and now comes
another panic in the shape Of statement that,
in case Of the death Of LOUIS PHILIPPE, and dis
urbance with France, which, time other many peo.
pie think take place when that monarch is gathered
his fathers England M be found prepared to resist an
invasion b. France, and that army Of Frenchmen could
By railway in few hours from Paris the coast steam
the channel, land mlch up London and sack
that metropolis in comparatively few hours This is truly
dismal view Of the natter and the sub been brought
into notice and discussion by letter signed "P" which ap
peared in the Morning Chronicle few days ago. Your col
umn will te much occupied with Congressional matter
anu home affairs OF great interest," to afford space for this docu
ment full length. have therefore compressed its state
ments much possible The writer by stating
thai hero 10 circulation among very few letter Of in
tescrt6ae Importance, by warrior, who, almost forty
i years 49,, wrote as well he fought and now in his
'77h yer. even better than he did then" The per-
son alluded q J.. II course the Duke Of WELLISoroS
" His thence s,ys the leer-wrter /" is the coalition Of
ts' country regards invasion add his statements may
snake Tie heart trcmbe He into every de-
tan nc nane rom personal observation, the most likely
places for debaraton he proves the with which il
might lie eiiectct he displays the nuity Of
Of defence w have mliti not more than 5000
TO 1000 regular. AVAILABLE at home little artillery;