The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-11-03

The increase Of freght in foreign bottoms In 1917
S2s 9Ss 100 100 per cent, and the requisite tonnage
ZIG $685. and In the time that American tonnage
shows Decline although the feights increased
The Of freghs show, however, that American tom
mage taxed its utmost capacity; and but for the in
hux OF foreign vessels attracted by those high reigh and
made available by the suspension of the British navigation
act we should lost the sale Of at least s00ooO0o
worth OF produce.
The tonnsge built those years has produced the natural
effect of supply, when the immense demand for
tonnage 10 feed Europe Hence, Notwithstanding
the large crop of cotton which be transported In the
past year. the supply Of feghu has boon consideIab
depress rates unusual extent This Is always
the effect of high prices from whatever cause they ogi
nate Whether IL be materials, food, fixed capital
SOCKS high prices rapid production of the dear
article and the supply thus created produces inevitable
action The shipbuildng of the years 1871 and lsis
der the stimulus have pointed out was immense and
this year will exhibit falling of, will also probably the
nexr and this decline will probably equal the OF the
OF previous years above regular and healthy
would TO be the case however, that the
large sales Of farm produce In those years. and the exob
eghs charged upon them, In addition TO the govern
demand Tor vessels which considerable earned
for the nation much larger stock Of the Of trans.
poation. and the producers and shippers now
eng In ow rates Of freight the enormous charges Of
those years The general business Of the country must
work up this ample Of transportation in the
manner that and speculative rice in wool
cotton, being succeeded by largo production, Influences
low prices, until these by stimulating consumption and
the quantity Of tonnage akcn oil by the California
msnr IL, however. considerable.
The general Of the country pro6tng by the
low frsighss; aud, In the Of -four, New
Orleans supplies larger portion than would have been the
case had heishu continued high The change 70 be
produced In Of trade and the demand for
mage ny the action Of the BRUSH navigation alter Janu-
afy 1850 10 Of confederation The vessels Of The
United WILL with wider fields for enterprise, come
more directly into competition with tho vessels Of Europe
in the trade with Britain and her colonies; and there can
be no doubt but that they will maintain their position
There certainly could be favorable time for the
opening Of the petition than moment when large
supply Of nav vessels find insufficient employment In the
carrying trade. and therefore sailing at rates probably
lower than bcfoc. Under such circumstances they
able take possession OF large share OF the new
that may be offered and by 90 doing permanently
secure The ascendency Of American shipping interests
Ma Buomssss attended Divine service the First Pres
bytsrian church (Dr Henon's) Sunday, in company
r,.h Col McCandiess. and leh Monday morning for
home via Washington Pa, 10 which place he invited
By gentlemen Of both political parties. We learn that he
regretted his inability accept the cordial Invitation ex
,snded 20 by the democracy Of Old wes,moreland to
visit Greensburgh No public has ever visited the
Iron City who left behind him more decided and favora-
be impression with MI classes Of the community.
tPnfsbwg Post, Oct 30
Mr. Buchanan has arrived in Washington.