Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1850-01-05

maintain prices while supply than equal to the
actual consumption. II more hesiatng indecsve, OF va
clatng policy be what is action, and likely to deter
mine the future course, propoonaby unstable and fuc-
tuatng condition Of prices production, and consumption will
mark the PERIOD and nation will be made to feel still onge
though perhaps not made to understand what il is to live
under Government Of theoretical expermenass, and to
be feteed by the network Of those spinning SPIDERS
the economists. These vewsus good for nothing, prac
cay for guidance Of ones all that the writer IS
able to give for Of better facts and data the general
points which you refer to-
need not say that the writer of the above is strong OPP
ponent of the bank Of Sir Robert Peel of 1874 and Of the
restrictions paper issues imposed by that piece of egisa
ton. He is anti buions. Of the Birmingham school, and
goes upon general principles rather than minute details in all
his estimates.
The ToBAcco market may be reported very firm through
out the past MONTH The sales consist of hogsheads at
Liverpool The trade has bought freely full and for
few fine Kentucky stemmea (writes Liverpool broker
high as SD. has been paid
DECEMBER l2.-Pariament the 3ls Of January,
and the chief talk upon Change has, according custom,
mainly respected the probable fiscal alteration that will then
ensue Without enumerang the thousand and idle
mos that banded about and to which the numerous Ca
binet councils held every week have given rise, may
state that the report of existing intention the
part Of Government propose socaed duty Of 5s
to ss foreign wheat finds sanction credit among
but those whose wish is father the thought" Ministers
quained with popular feeling in the manufacturing districts,
attempt any such reversal of the dial of history, any such
arrest of popular progress Why re-impose bread tax
at this most interesting moment in career, when
recovering from state Of collapse when capital with
fegvng energy is rushing in with accumulasg force to
this great centre Of vital action thence aow again and
pemeate the circulation of the entire SYSTEM spreading ac
witty, stimulating enterprise, encouraging industry, nourshing
the growth Of that in which the hope and destiny
of Great Britain bound up time when the worlds
future aught with cheering, elevatng prospects than
have appeared since the present generation drew breatht
attempt now, say to again lead back to the feudal
bondage the Injustice and the deuson Of the restrictive ys
tenn of too suicidal folly for any party
laying claim sanity craftsmanship endeavor to
nit No, depend upon it. whatever happens eetrade prin
ces IN this country cannot be subverted and regards
legislation in this particular, there "resgieS nud re-
6rsun. But what is the NATTER then, with the Cabinet
quoth political qudnuncs Why has Sir r.. Peel been
at Wobun Abbey What has been concocng there between
him and the Duke of Bedford the eldest brother of the Pre-
mer, who said to be tired of office Have they been
discussing political compact Do the Wings fear that
the financial eormers and proectionss together will
them in minority, and hence the necessity arise for Peel
Lincoln alliance Are not to have surplus of
e. 000 900 in the Exchequer the 5th Of January Win
this be appropriated in reduction of the income tax, and
in relief of the burdens land These and other queries
obviously admitting of rational solution the topics upon
which the changes being every where rung London from
the hangeon of the Reform Club the requentes of Casel
Court and city coffee houses, and your correspondent only
regrets that he is endowed with the gift of prescience in
order to unravel them.
The Press and the Bar oggerheads the morale of
advocates pleading the innocence Of knownobe guilty
client The conduct Of Mr.. Charles Phillips Of the crim
nal bar the trial Of Courvoisier, murderer years
ago. has been raked up by himself to vndcae his character
from the remarks then made upon him by the Examiner
but the result has shown, in all similar encounters Eng
land, that fouh-rate barster match for frscass
journalist BY publishing his pamphlet defence Of his de-
fence of Couvoe he has again called down upon his devoted
head crushing reonder by the editor of the Examiner in
last Saturdays number In this article the original charge
against Phillips, Of having appealed to Deity in proof of his
clients innocence after confession of guilt had been made
him. is brought home by reference to the reports of only
the Tines but the Chronicle POST and Herald and the
immortality of such is demonstrated by the severest
logic indeed may be questioned WHETHER in the palnest
days of the Eramner, any number contained two
such articles for bancy of wit keenness of satire, and po
tency Of sarcasm those headed g What Mr. G. Phillips
has done and what have DONE" and "Wanen's
Whiting" in the last issue. The author of Ten thousand
Year. (who has vol unteered to to Phpss rescue,)
whose seimpoance has made him the object of much dis
like in the literary circles of the metropolis literally fayed
piackihg Is inc peg upon WHICH tue afuCic
hangs and Try Warren the advice given every body
in the land like the Old Bailey practitioner This subject
will drop, not without good arising, we should
hope and certainly with general impression that he who
would break lance with Fonbauque must be armed at all
points.
DECEMBER 3-Turning from this gossip to business mat
tiers, may remark that the interest continues be felt
of late in the accounts likely to reach from your
side regarding the to be taken the tariff and but
little objection would be felt generally to the moderate views
expressed leading article of your journal Of November
a. just received per "Ameca," the "Meeting of Con-
gress" Still, must candidy that any great enhance
men. of your duties British imports of metals woollens
is calculated upon by commercial and nothing
would be unpaa!abe merchants in their present
temper than the adoption of Pohbtory policy by the
Government of the United States
Our Iron MARKET continues very firm. A prevailing
feeling favor Of considerable improvement in the market
for Welsh bars early in the spring continues 10 influence
operations and orders in anticipation of rise
coming forward stocks universally low, prices within
shade of the production, money abundant and through
the world very large demand likely exist year
for the important staple Of iron. Under these circumstances
natural that moderate advance the article should take
place, not to extent diminish consumption, which is
very large but still sufficient to be remunerave to the
manufacturer and make doubt that with the year
prices will open certainly below f6 per ton o. b. in
Wales Of course this opinion hazarded upon review Of
all the circumstances existing apparent its realization