The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-18

end to confidence and checked operations. These
circumstances aggravated by the extensive introduc
amount fprostratve stsgnaton that has caused the
West Indians to grumble so loudly, and with good
reason. Trade and commerce in England have
fallen into a considerably more favorable channel
comparatively speaking, and confidence, though
slowly, is evidently gradually dawniug This will
municate beneficial stimuant to the colonies and
the measures for West India relief though totally in
adtqate to remove the whole amount of depression
will after all do some good; N instanced by ad
vance at Jamaica Of the price Of sugar the staple
the island the last quotation the nee coming at lis
to 21s. per 10 lbs whereas the price two months
BEFORE only lbs to los. An additional for
pre-. supposipg some ameioration Of the commercial
distress in the West Indies exists in the fact that
. great change is taking place, and will take place in
the foreign colonies Under the ncipaton of slaves
in the Danish and French islands, it is certain from
all past experience, that less supply of sugar
must now be anticipated from those colonies and that
dunn Of free abour by slave labour and the dis
eliminating duty to be levied foreign sugar pre-
vous to its admission into this country for consump
ton, must make better market for British colonial
sugar. Hope also exists amongst the West India
merchants in regard to the state of the island of
Cy ba that powerful competitor Of free-labor sugar
1t is fully expected that the Span sh colonies Will
CATCH If they have not already the seeds of the
tionary and insurrectionary mania Any change in
slaves, would reduce it to almost bad condition,
financially and commercially the English islands;
and as is pretty well known that the germs Of revolt
favorable opportunity to deyelope themselves,
1t is considered that the social disorganizaton
to which Cuba would inevitably be reduced, would
lessen the supply very materially, and increase the
cost of raising its produce and thus the West India
colonies of Great Britain would thrive, and improve
the opinions practical and sound, beleve) enter
taped pretty extensively to the existing and pro-
spectiye state of the West India islands. The popula
ton Of the islands VIGOROUSLY with
their usage from the home government; but that dis
content does not, on the whole go far for the
coloDists really to desire separation from England.
n no M I'm a0in hat fptH HIM. nnp
meat, such as may now reasonably be expected, will
put them in better spirits and act incentive to
exertioDs to do something for themselves, which Is
now all that Is required to place themselves in bet
ter position
At present information from Cuba is impatiently
looked for by every arrival The Great Westerns ad
vices from Havana direct had the effect of causing the
New York to be dscredited as all was quiet
when the left This disappointing to some
of the sapguDe West Indians and protectoniss here,
and they are ferventy hoping for complete overturn
Of the existing state of affairs in Cuba understand
emisssry to Havana with instructions to take tour
Of the island and report its actual position.
The Peninsular and Oriental Steam Navigation
CoDpanys iron steamship Indus arrived here this
morning, from Alexandria, with the Eaet Indian and
China mails. The advance letters aud dispatches
were received in London, Marseilles on Monday,
the 2lst inst The latest dates by this mail are Cal
cutta July l; Bombay, July l; Madras July o; China
June "a; Aleran drla, August 9. The mercantile in
either from India or China. The produce markets in
Calcutta had slightly improved; opium had advanced
in price, the money market was still tight letter
from Hong Kong states, " We observe an increase of
foreign vessels, carrying up native produce to the
north particularly sugar from this port to Shanghae
Owing to the late equalization Of duties in India
foreign and British bottoms, the American flag is
already in active and successful competition with the
country shipping; which must suffer severely"
Cotton had declined in the Canton market the stock
being very heavy.
A successful rencontre had taken place between the
British man. war Scout and most audacious set of
pirates near Annoy. Commander Johnston slightly
wounded The coast near Annoy is represented to be
swsImng with pratt al boats and prohaa heavily armed
with guns, gingas, matchlocks, fire pots, &C.
The most important news brought from Ida by this
mail, is in reference to the revolt in Mouan which
had been brought to q conclusion by the rapid and
successful operations Of Lieutenant yards and the
forces under his command against the rebel Molraj.
1t appears that Lieutenant Edwards succeeded in
efecting a junction with the Rajah Of Bhawulpoor,
after crossing the rivers Indus and Chenab On the
18th June, the united forces came into collision with
sustained tapguinaIy conflict of nine hours dura-
ton. The rebel army completely defeated, and
driven from the field with the loss of nearly all their
artillery six out Of their ten guns remaining in the
power of the British. The cause Of the Molraj
supposed to be completely lost, and it expected
the utm ost he could do would be to regain his fort
The gallant conduct of Lieut. Edwards In this action
has been the theme Of much praise in England and
the fact Of his having go expedtiousy and completely
for him mean place in the annals Of Indianeairs
You will see in the London papers, long account
ended in most sign defeat and bastv retreat
expedition comprised nearly four thousand men all
arms in Transports under command Of Major GeHeral
j. j. c. Wander Wyck, who embarked in the Dutca15
steamer Hecla The attack the stronghold,
Daja Raga tried the strength Of the Balinese and
bibitcd the bad commissariat arrangements of the
Dutch, who, in a moment Of apparent victory, were
compelled to make an pglorious retreat with heavy
lcss. Some idea may be formed of the determined
tUre of the engagement from the fact of the Dutch
having in two hours and half SO 900
Of ball cartridges and 800 grepades; while the part
of the enemy, the resistance Of most ferocious
description. The Ballinese relied their skill
rifemen and number Of officers killed and wounded
afforded proofs Of their ability Had their artillery
been skifully directed it is believed that scarcely
a Dutch soldier would have ESCAPED An order had
been sent from Bahoia, recalling the expeditions and
the war would be again undertaken when favor
able OF portunties should occur.
The accounts brought by the Indus from Egypt re-
present the cholera raging there with great vigor
In Alexandria seventy deaths per diem were taking
place, but the disease had slightly moderated during
IL last two days. prior to the steamers sailing On
the first appearance Of the cholera Ibrahim Pachn
and suite started for the Island of Rhodes, in the
admirals ship accompa MED by nearly all the Egyptian
fleet, and left the administration OF the country to
take of itself. He would remain cruising about
for month or two. Nehemet Ali bad not suffered
any change either in his bodily me nta state The
Nile rising with unusual rapidity the prospects
for the autumn crops were most favorable Trade
in stagpa ate condition, and, a. great many people
bad placed themselves in quarantine, improvement
in commercial transactions were expected for
siderable time. Exchange on London 90 to 99L.
The Indus brought specie from Alexandria to the
value of 345 000 which is for delivery at the Bank of
England
dates from Gibraltar to August 49, Cadiz 49, Lisbon
19 Oporto and Vigo, 90. In Spanish and Portuguese
affairs there nothing of great importance
ring. An attempt at Instruction had again been
made in Seville, and military conspiracy had been
discovered in Madrid, having for it's object the over
throw Of Narvaez and to make General y Donne
Prime Minister. The latter has recently returned
from Cuba immensely rich, having bee n the Captain
General Of that island Froa Lisbor, it is stated that
the Cores closed the 18th Of August by Queen
Donna Maria in person, who delivered curious
speech on the occasion exhortpg the deputies to en-
poy the parliamentary recess by inspiring the people
with love fer the existing institutions which, said
her majesty viii be the most powerful means Of saving
them from the influence Of exaggerated ideas, and
inculcate those seDtmen ts of obedience to the laws
and authorities, and that love of labor, which can
alone inssre the true felicity of the people.
The Condo de Thomar was to 90 as Portuguese
minister to Madrid.
The exchange Mt Lisbon on London. at 80 days
sight, b2h TO 52ss, and 90 day vs. date 52 to 52
Lisbon Bank notes at discount of 80 to 40 per
cent The Portuguese per cents were 80 to Al, and
per cents 80 to a. Spanish douboons 1850 to IL 600
Spanish and Brazilian dollars go to 923. Mexican