The New York herald., 1848-11-08

Files of the Royal Gazette, published at De-
marara, to the 18th ult., have been received,
and aleo copies Of the Kingston Journal and
Barbadiam up TO a recent date. They present
nothing new. The only items OF interest they con-
tan are clipped from the Gazette, OF different dates.
which show the depressed state of that colony, as
regards business and money matters. A number
OF plantations on the west coast OF the Essequebo,
were destroyed by fire on the 18th. The Gazette
Of the 5th says
Weregret to state that our worst fears have been
realized and that the Combined Court has resorted to
supplies The colony is at this moment in an utterly
unexampled condition. Matters In the greatest
possible confusion. There seems to be no hope OF un
gloomy prospect before us-universal insolvency.
The simple cause which has brought all this about
HON. mcSc Government In Is4i the CONFINED Court
granted Civil List Of about $4,000 year to the
Crown for seven years, and In 1915 renewed 1t Tor
1s44 The ombned Court, when 1t met this year
to eettlc money matters for the next twelvemonth,
proposed to reduce the public expenses the Civil List
Included, Is per cent The ground upon which the
Court went was the general distress. The govern
ment admitted that DISTRESS and consented to any re-
duction the Combined Court might choose to make
II the Civil List (which provides for the salaries OF
the Governor and other chief ofcerwas not touched
This latter proviso produced the Misunderstanding
An earlier date of the same paper remarks on
the SuDJecG-
"The prese mt financial position Of the colony is
un rseled. and mensnces much loss and embar-
to the colonsts that 1t becomes the duty
government to adopt extraordinary measures to
protect the interests ofhe Inhabitants maintain the
credit of the country and to avert, by all the
at It's command, the impending calamity Of public
insolvency. The House Of Assembly in Jamaica has
scarcely got to work. but its first s proposal
treasury notes to the extent Of ESQ 600 ster
ling there to be made legal tender and should any
bank refuse receive them at par the paper of that
bank to be refused by tie Receiver General and all
public officers. We do not observe what fund in coin
there notes to represent but convinced that
unless the Legislature prepares for making the treass
ry notes convertible into hard dollars sterling
ney. they will be at discount issued and
the rule of refusing the bills Of banks who reject the
island notes be adhered to, all banks will withdraw
their notes and refuse those of the island, and thus
the intended for the relief Of trade and agri
culture will produce an opposite effect.
In st. Kitts, likewise, proposition similar to the
foregoing ESQ far as the issue of government paper
goes is being brought forward The Governor in his
address to the House of Assembly proposes also to
abolish all the existing taxes and duties and to sub
sttute land and income tax as the sole Of
revenue. Notice Of bill to effect these changes had
been given.
In Grenada we observe that act has passed the
Legislature, giving to Justices Of the Peace jursdic-
tion in Of minor trespass, when the damages
claimed do not exceed forty shillings This is the
only item worth giving from this place.
From Antigua the accounts are, that from the very
favorable weather which had followed the hurricane
the crops were fast recovering from its effects