New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-02-17
Commercial Affairs I'm England.



correspondence OF The Tribune.
The various leading markets have been
exceedingly dull and the complain; is general that
prices rule very low. and there is no demand for
Foods or produce. The operatives, aud work-people
generally are asst condition in al the midland couniiss
aud the recent cold unusually cold for England
has only increased thelf suferegs.
letter from Stockport the Golden headquarters, states
thA, reduction Of wages which is now going on as The
result Of Cobdens Free-Traie system, has a, length
reached that town. ard the operatives are continually
currirr 70 the promises made by Mr. Golden and by
which be gained ther support. " he bubble hey say
Il now exploited and Instead Of cheap bread high wages
Aui plenty o. employment. they are 20 have siar'Aon
low wages and oppressive treatment. The masters Of
every min posted AZ their doors pacard addressed
q their operatives stating 10 the effect, that they have
been compelled % reduce the wares OF hands 10 per cent
liz Consequence % the depressed safe a trade and the
great losses they have suffered and sui suffering.
From Manchester and the ndghboring towns no i'm.
u-ovcmeut in ratc IS reported The average tenor OF all
The reports IT, TIA; continued tuuess perva,es every
market To meet the uaayoTsse state Of trade return
70 sho. time and reduction OF wages both beng pat
10 general practice. The operatives make loud CON-
plants; hold meetings and express dlssztsiacton 10 me-
MORALS % the masters. Bat these viii do little good
From Birmingham the accounts are Of lac same gloomy
character The report says: The general condition
Of trade this continues gloomy and unsaiac-Ory
orders fra almost every branch, and In many o.
the manufactures me are Kept In their employment
from good feeling the part Of the masters tia, better
times al not llsi2lt"
The Goa and Iron masters have made reduction IN
tie wages oithe operatives, which has given great osa
faction and .ed large meetings consisting Of from five
to six thousand persons In several Instances TIE work
men have struck for higher wages coeTs nave gone 70
the pits and compelled The 70 quit work disorder
has ensued troop Of dragons Is bileied IA the neigh
borh0oi. stated that IN short time there viii be
scarce p. OF furnace work throughout ne mineral
| fields Of South StzloTdsnire.
The Bank Of England, a. ne las. meeog, held yes'eT-
day reduced the rae Of Interest from 70 pes cent but
this alteration had only very tlang effect liz the money
| market.
COnsols Exchange Bills. and other Stocks have been
gradually improving for seyeral weeks. Consos have
touched 90 during the present week. 80 sensitive are
specuAtors however that important from Pars, or
more disastrous from he East would imme date
| ~ cause sudden decline.
Accounts have reached the Danish Embassy In London
to-day giving the particulars Of the death OF the KING oil
I Denmark
| private investigation is going on al the Mansion
House respecting some bills purporiiDg to come rem
houses 10 the last, but which all Manufactures IN
! Lonton. No particulars have been published
There has not been any failures this week IA London
Nonews any importance have reached the city up TO
/ the hour OF closing this letter.
The weather exceedingly cod and the poorer classes
I must suffer very much.
Your very obedent servant J..