Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1850-12-28

full the discovery 10 one which may exercise most import
effect both on our agriculture and manufactures Il il
said that with this material prepared the texture and soft
ness Of cotton gained together with the durability Of
linen, unsccompanied with the ce psPeke surface which
has hitherto been peculiar to it, and these advantages are
said be sanabls cost Of production considerably be-
low the present price Of cotton As every ell
Times, will be made induce the Irish agrcutunsts to
snake preparations for the extension Of the next crop, is
probable that before the lapse Of another year. enough will
shave been accomplished to broad and definite opin
zion as TO the ultimate results hst may be anticipated from
'the movement" The Morning Chronicle says, 'The
perments taking place at Manchester progressing in the
most satisfactory manner and the results are if possible,
seven more satisfactory than the period when first
snounced this valuable discovery The samples which
have received fully bear tie opinion which then
pressed as to the value Of the invention. The Glasgow
Chronicle says that Mr. Elijah Slack Of Renew, patented in
June ls49 the very invention which Mr. Csussen
proving the advantage Of and that Mr. Slack then produced
samples of fax which spun and by cotton
chnsy, the surprise and qualification of many parties 10
Glasgow" This is, certainly eminenly practical age.
Take another fact in proof that The boys Of Ireland
which regarded being incapable of profitable
cultivation are found contain the elements Of unknown
wealth. Two gentlemen, at least converting the
peat into charcoal oils dyes. nsphs, &c. The waste land
reclaimed is said be admirably adapted for the cuva
lion Of beet for the manufacture Of sugar In England
company has been formed for the conversion by dsaon Of
the "Kmmsrdge coal" bituminous shale ofDorsetshe,
into mineral oil spirit asphalt and manure, to leave
profit Of 100 per cent. the expenditure The manure,
which is sold 92 per on has been tried various crops
with the satisfactory results and is said to be equal
its effects guano, phosphate Of lime, any other artificial
manure now in use. We may mention, in connexon with
these marvels of modern chemistry, that company Of gen.
emen engaged in the neighborhood Of Liverpool in
making experiments for the purpose Of reducing the price Of
gas These gentlemen speak with the utmss confidence Of
being able procure from coal much larger amount Of gas
than has hitherto been obtained, and also get from the
sduum products Of very considerable value, as fact
enable hem If they chose when the necessary apparatus
erected, to light large town for nothing and yet realize
profit However, should they succeed in reducing the price
Of gas SO per cent shall be much indebted to them.
In Money and Commercial matters may generally re-
port improved condition, arising from increased conf
dence in the continuance Of peace the Continent Every
item in the statement of the Bank Of England except
circulation, (Which has decreased 952s has increased
The bullion Of all kinds has increased yet the sill
keeps diminishing. Discounts have been made and
tnue to be made freely at 23 and the money market is
free il has been for time. The following statement
exhibits the amount Of bulon-specying the proportions
gold and sverin the Bank Of England the respective
la.es The variation the amount Of silver very striking
Silpey. Gold. TJfaL