The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-08-17

Money IN Great Britain has become less dhcull 10 nto
Than II month or two ago. and u quoed al
two and aquarlsf per cent There has been c9nSo,ia
bic OF tght lime, not only in London, hut IN othst
places. la Liverpool there have been qu'e number Of
failures The Liverpool Journal after -aing The fact OF
the failures, and the "Ialk there was about 'bsm on
Change nsi. ad al ayiag all at The door OF free trade
other political evil genius mat parties eonlIive TO
conufe up when votes are needed 10 dnve II on says
thai the further talk that where there il a
tanty OF passing The difficulty the inevitable result
should be clpaled that such is recommend
ed by lis propuey 10 individuals, and by consideration
for others that while opinion prevails that some more
.must CO." suspense will hang like BLIGHT on The hiss
that trade Will ansulsh that will speculate lha
people will hesitate do business The usual Terms
that butoning up OF packets will become habuS una
the currency oil trade will be turned away, anu ha, H
ready tbe snopserpers aud masef 'se' i ~.
hall early bills remain unsettled mat iheieoie' nee
Ia complaint and complaint invariably aggfaVaits The
cause OF complaint that we only want smart blow
over" and ali will be smooth sailing again mat all be-
You'd the ue number affected by me IAN ~ prices is "a
Intensely prosperous flowing harvests, abundant cotton
crops and gold inc xhausble can make H.
Ga The 9Th ult Mr.. HefEies IN speech ull OF Stats
tics laid before the House OF Commons the grievances
of those who planned of the ecett alteration OF the
ma ysaon iaws--nameiy, all the shipow OF London
and a large portion OF The principal commercial towns
They complain OF dimlnuon IN The tice OF lreghs 81
lees than thirty per cent A, 10 As he made the fol
lowing statement:
'sFrom Calcutta the average from 1915 TO 1919 was
E5 Is la N 1850 it f3l 81 III H. He believed il
pow sill lower. From Bombay The reduction had
been from rs los 10. 10 certainly not higher than e.
uoHi IkUHi III llu 10 Io Us Al IRON
the Manritins, iron 81 l3s. II 10 E2 I2s. lid from
China The reduction was IL per cent from jamaica 80
per cent from Quebec. 20 per cent. IN a letter from
China, hich had been shown him, he found master
stating that American ship had off red to load at 4os
aud another letter from Hong Kong stated that Aer
can ship was loading al i2. and IL vas added thai. so
long theee ships continued to in from San Fran
cisco, there chance OF employment Tor British
ships"
According TO this correspondence said Mr. Herries,
the American fairly beat The British out OF the market
lie stated thai
"The effect Of the repeal Of the navigation laws Rad
been the first year diminish TO an enormous extent
the employment OF Bril- sh shipping and augment tina,
OF foreign and that Result lraceabe the cause
he was prepared 10 assign that It could not be regarded
az an accidental occurrence"
After adducng much statistical matter, Mr.. Herres
said:
"When America refused 10 give up her coasting trade,
she knew well that ~he had obtained by he repeal OF The
navigation act tha, which she had long aboled TO ob
tan--vZ: mission 10 the trade between Ibis country
and her colonies lHar, hear Every government In
this country vion~ The preent had held that such
privilege should not be gwen 10 any ration without a
dsRcl equivalent though any eqnvaie nj that could have
been gwen wonld sin have b'tn unequal To The boon
ganied. The United States AoNv r. bad got this
nous advantage 10 the corresponding disadvantage OF
this county, lhrar aud size 'enSed Us -qua admission
To The porr on her .aseln isTroiies by lhtr refusal
America now able 10 compere it'll H. IL India
aad Chua Trade possesii & ste ud, the nahe
privilege Of making lite round OF irae from l. ,i,dum
New YurA, TON New iuTk 10 Caillo'nia ami thence 10
China anu India lhear, hear Mr.. Huskssan had
10 encourage The gowlh Of The metcardIe marine OF
America; and now we had the strongest proof OF his
saeaciiy on that point
MIR. Yosng, another proteciionis followed the same
side, and .ad:
snow, TO compare the position Of this country with
America for the purpose Of showing Inc vast
IN the American tonnage, he would take The both
these mercantile maes-hrst in 1915. the end m the
waI, when the whole OF the British shipping on the
gisler 6S ,27o tons, and the American 1865
l27 tons; and Then IN December OF 1850, the whole Of
SGe tonnage belonging 10 Great Britain 232 962
tons. and of iai belonging 10 America on the Both OF
june 1880 the latest date 10 which The returns had been
made up, 3,535I54 Blu, the comparative sdvaDce OF
American Tonnage during the last four years,
more akahe; for while the Brush tonnage, which,
in ls46 3Si7ll2 TONS had aUvenced in December,
1850, 1882 s62 tons 10 soh per increase, the
American tonnage which, IN 1916, was 500 0S5 tons,
had avanced, IN June $780, 10 1886 I3I tons 81 10Th
per cent. increase being, in the case OF America IN
crease in four Yeas OF nearly million of tons And the
rate oil increase bad been still during TIE last
for the advance OF British shipping was sss47 tons,
while the Am, Tcan increase had been POI 43a IONS
that ii this AT the present rate OF PROFESSION
four years The United States would have larger
tile marine than Gre"i Brian consideration thai could
not b. too much pTess,d on her SlsJesy's ministers"
Ii is strange for American read, this time Of
day, OF The gradual abolition OF The various commercial
restrictions Recent accounts from Vienna state that tie
good people OF Austria he allowed grow tobacco
just as Hungary now il allowed 10 grow il But II Is to
be done under similar restrictions producers
be allowed 10 sell only to the government The follow
ing curious reason is assigned for this permission;
The Of the - that in other parts OF
Germany, where tobacco has been grown, the
interests have proited greatly by incsel.ng demand
from the export houses, particularly for America, where
IL is found cigars cannot be manufactured cheapy,
ewing TO the difference in the value Of labor"
The returns OF the excise spirits in Ireland show
besv, increase lsst OF ESQ 523 and total du
OF fg95 372-or some FIVE millions OF collars The quan
thy distilled was 7463,2 1877 gallons Bot this is all
the number OF illicit suls IL believed be large and
on the increase. Tie deductions 35ls ia 1850,
against ,746 10 fS49.
IL is the custom OF a wealthy British farmer (Mr
Mtch) 10 have an annual reunion at his farm pfee
Heath when anything new IN the agucuural line that
turns up tested Lately he has entertained his agreu
tursl friends. usual aud after showing his farm he
tested the capacity OF several rsapng mschnes Among
Others was one by American, MIR Mccormack.
which wsr the only machine that did lis wofk properly
The London Times has the following about this trial.
Mr. Mccormack machine cuts at The rate Of two
acres er hour, sbou twenty per day Its cost
does exceed G25 II easily be made applicable
TO the cutting Of hay clover well as corn A pair
oil horses with two hands TO lead and the other Ia
rake ont the quantity OF material required Tor each sheaf
subcieut to work II thoroughly About il, success
when ueJ under more favorable circumstances there
cannoi be dout; and as to ts advantages they wer,
sufficiently indicated yesterday by the loud cheers which
burst from the large DO OF farmers assembled soon
~ The enuIrni had been made 1t is little sin
Hulsf that such nm Invention should TO u- from
Amercs, where the shot conpgs Of the labor market
lave eonpeil.d pvo lie To look cot for mechanical iaG
tie. IN cary ing their harvesting operations There II
has been IN expisBc. y,as. while in this c0un
NY have been goug on IRON autumn TO autumn, depend
eur or securing COPS upon armies OF IMPOVERISHED
uisn Peaah's, who come to and remain 10 I'LL our
woikhonses swell our rses, and aggrsvste the moral
ANU l"yShi "teehsdness oi our surplus population"