The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1849-04-02
LATE FOREIGN NEWS.
BY the Steamship Canada.


BY the Steamship Canada.
ooTmeretsl Neys,pefeat Of the Financial Reform
wreck and Loss Of 1ife..Trial of French 1ngur-
psrisi Guard nk MPIussia-HunsaIy- II.
aly-Austria.
From the Baltimore Sun of the 26th we get fur.
Their details of the Canada's news The SUMS dis
patches were kept back several hours on account
of the wires being cut.
The Canada Capt. Judkins, with Eusopean
news to the 10th inst, arrived at Halifax Thurs.
day evening, shortly after O'Clock, having ex-
perlenced very heavy weather on her passage.
She was detained fifteen hours off the harbor, in
one of the most terrific gales known on the Coast
OF Nova Scotia. The same gale, which was from
the southwest, was most severely felt in the Bay OF
Fundy, and no doubt has caused many marine
disasters. The Canada left Halifax at IL O'Clock,
and was expected to arrive at her wharf, New
York, early on Sunday. She has SO passengers.
Commercial Matters.
The terrible accounts from the seat of war in
India, united with the decided tone of defiance
lately assumed by Russia, and the attitude the
Gar is evidently preparing to assume in the war
like operations in Italy, AUSTRIA ETC., have caused
an uneasy feeling, and have operated injuriously
upon the business of the country. But trade, not.
wthstanding, continued steady, and prices for
most articles of produce are very satisfactory.
feeling alluded to above have fuctuated consider
ably, and have receded fully one per cent. within
the Taft fortnight. 1t is gratifying to observe,
though, that during this time it cannot be said that
stocks have actually risen; yet there has not been
the slightest reduction in cotton. There is less
business doing than when the last steamer left, and
slight falling off in prices has followed. This,
however, did not occur till the last week-the sales
continuing large and prices very firm up to the
close of the market on the I'd inst.
There is greater degree of dullness and gloom
in the grain trade, throughout all the leading mar
kets, than there has been for long period. Prices
continue to droop, and from present appearances,
under the pressure of heavy arrivals from abroad
the bottom has not yet been reached. From the
manufacturing districts the accounts continue ia.
vorable. There is also a fair business going for
ward in the produce markets on the Continent.
Prices on the whole are steadily maintained. The
meal market continues active, and prices are on
the advance.
LIVERPOOL CoTToN MARKET.-Dunng the week ending
March 3D. fair American Cotton not only maintained its
sailed The sales amounted SO bales. The disastrous
g pS A%snHs ever the o. din Period last
last week and then the demand has been contracted
to the supply Of the immediate wants Of consumers, which
70
from Gsd States thu s
have been unusually large. Prices for all descriptions have
Corn :anDz
and large quantities are being warehou.sd Purchases are
will apply to all the leading corn markets throughout the
At Liverpool, the 9th, White Wheat was sold in small
quantities a g. 5ei @5s ID Southern Flour ss Cd 0ss
Bss Northern S Y soWe Corn ans sd aas
Mixed e 0as 3d. per quarter Meal is quoted at lbs "a
P.ovIsIoN MARKET.-There is fair trade going forward
in American Provisions The arrivals Of Beef
bad on 5s per tsics i o o1ass
D1%ds esfy Gsese FIJI
bs: @ and bs
cable to all kinds Of g,sadstS and the finest qualities Of
quiet, and command firmer prices '''''''
MONEY MARKET-There is small incease of bullion in
ney Market and that the demand for bullion for the CONT
nent is increasing Domestic securities have been the
figure The Bank shares Of the French Bank havs bssn
that politics Paris being moIs sstsd The a 1u
Were at one time felt for the maintenance Of public credit
than from isoo to a5co francs ' DAM '"al'' ''''
tI h Sa aonson Money Mar St in Of
money the lowest sl-hishsst and closing ss-lor &C.
American STOCKS ss maintain nam iSsn and wa.
% EasnS St S the news Of SIX Pc, css
rise there Then another rise here would have
Il. dividend, b.v. been Maid
could 6aSs ps
land which with resources does not avail itself
snS Ds to 81 20 foreign creditors
LAND.
Financial Reform BM.-In Parliament, on the
26th ult Mr.. Golden, in speech of the most tenn
perate character, brought forward his long heralded
financial reform bill.
The Budget, the main object of which was to
per annum, ETC., was met by the Chancellor of the
Exchequer, who introduced an eptome on all the
arguments the subject during the last two months,
and injured the strength of Mr.. Cobden's sugges.
tons. The debate which followed falsifed all the
expectations entertained by the friends of the nan
cial reform champion. 1t languished from the
beginning, and the question was disposed OF on the
same evening-Mr. Cobden's amendment being re-
jected by majority of 197-the number being 275
to 70.
Protection of Agriculture.-The protectionists,
through the mouth Of MrlD Israeli, are making an
effort to meet the question on agriculture They
have placed motion on the paper declaring that
taxation for national purposes vested mainly if not
exclusively, upon land and real property-that this
apportionment is aggravated by more than one
third Of the whole revenue being derived from the
else agricultural produce now offered to the COM
petition of the untaxed produce of other countries
thereby limiting the demand for British produce,
and lettering trade and industry. The presumption
is that the discussion of the subject will merely
raise the question of agricultural burdens without
leading to any legislative result.
Farther Parliamentary Doings-lnforeign affairs
Lord Palmerston has been supported by Parliament
in the course he has found himself compelled to
take, especially in the Sicalan disputes
Mr.. Drummond's Transfer of Property bill has
been read second time but it can we fear scarce
ly struggle through both Houses. Among the use.
full bills that are in progress through Parliament, is
one facilitating the transfer Of policies of insurance,
by this bill, the most simple assignment, with re-
gistry, will suffice to make legal transfer without
a deed. An important document has been laid
upon the table Of the House of Commons, showing
the disposition of the various Governments of Eu-
rope to reciprocate similar advantages with those
propose to concede to them by the abrogation of
the navigation laws
Austria promises oinstruct Count Colerido on the
subject.
Belgium is not prepared to abolish deferential du
ties as no Belgian vessels could compete upon equal
terms with England.
France adduces the well-known liberal and
friendly disposition, as an earnest of her endeavor
to do all in her power reconcile the interests of
Oh