Weekly national intelligencer., 1851-08-16
NATIONAL INTELLIGENCER.
The NEW YORK MONEY MARKET.

I
AZ the suggestion Of a friend (who understands
the subject Of II toroughl that the insertion INCUR
columns Of the following article may Do scme1
good, we'giye il : place:
ERon THB Hxw roBK rRIBUHE.
THE PANIC.
10 tie Editor Of The Tribune
The pressure in our money market now raging just what
every man. sound in his views Of political economy predicted
when the tariff law Of ls46 was enacted.
But ior the famine 10 Europe in s46 ls47 and part Of
s4s this pressure would have reached long before now
II has come now because buy than we sell be-
cause we bring here amount Of foreign goods
which We ought to manufacture ourselves and which must be
paid for in stocks or coin.
Our stocks oil Europe held BY foreign caPl
tslis Our canals and railroads earn money which sent
o the shape Of dividends 70 pay interest on our debts
The amount dry goods and silks imported into this coun
try last years a. shown BY the Treasury reports exceeded
OOO besides railroad iron, bar iron, crockywae
iron-wse, brandes and sugars amounting to more than
So, ,0O0. 900, in addition to the dry goods.
BY reference the Of specie contained IN Banks
of New York, London and Paris, in ls4s, We find that
New York possessed in round numbers, 81 Lon
don S7s l4s OOo Paris 5ss, 900 while in 1850 New
York possessed sO 900; London S6s, ,0O0 Paris
Slll, l,O35, 900.
We here that the specie increased only
in New York. while Paris has $685. 900
in two years
The plain truth is all gold which We have got from
California has gone Europe pay for goods imported
which we ought to have made in own country.
We OO0 0O0 first and last in the Mexican
to acquire New Mexico and California. We have carried
into tho habo Of San Francisco $500 600 Of property
We have sacrificed 900 lives in California. We have lost
she work and labor Of 900 for three years Caor
mia And only recempens for all this have received
about eighty ninety millions Of gold from the Pacific coast
And this has mostly gone France under blessed sys-
Of id vaorem duties made upon foreign valuation
man 10 Paris makes brandy ss He make il for SO
cents gallon; he viii that this is the market price
Ths brandy pays duty Of 100 per cent I'D vaorem hence
h brandy Be sold in New FORK s dollar saii0
freight sdded.
This manufacturer opens store countngroom IN
New York. and sells his brandy and receives orders for it at
81 per gallon.
The American importer sends Paris for his brandy be
is now charged so gallon for the same article which
the French manufacturer invoices at SO cents per gallon
Duties are paid by the American importer, SO cents
gallon or 100 per cent In other words by the tariff Ia" Of
s46 the American importer finds that his brandy has cost
him. laid down in New York, Sl.20 per gallon, besides
freight and commissions while the FrenchmaR sells his
brandy BY the same tariff law Of ls46 81 per gallon.
Who does business under such law as this The
Frenchman the American
These are the blessings Of free trade. All Of importing
business is thrown into the hands Of the foreigner all
money sldes Of to France and in the mean time money %
now demanding twenty 70 thirty Psr cent usury for the bat
commercial paper in Wall Fee-ade says buy a our
Decsssaes abroad the foreign merchant do all import
trade let the Maewsn Company assign pay it, labore
lei our cotton factories break let iron mines stop let the
furnaces 70 ont; let woolen mills to do business
let our stocks fall off; let in debt let appoint
committees by and by es and BY hundreds preserve
the Union lest some wild Yankee should break it let
Quail before the powers that repealed tariff law Of 642
s. us shout God save the Union according the Castle
Garden system; let read homiies from the Journal Of
Commerce on free trade the blessings Of slavery fea
ure Of repubcansm but is matter whether -four
sells or three dollars dollars per barrel whether
buy twice much sell whether stocks owned
in America in Europe whether bankruptcy universal n
cur country or not.
man Of common will tell that the remedy for
the difcules which beset 10 tariff 10
home valuation to give specific duties imports
to se our artisans and mechanics and manufacturers in ope
ration 10 sell manufactured goods abroad and supply
our own market with the products Of labor carry
away our cotton, leather iron. and wooen goods foreign
countries after they made up into fabrics BY own
people, instead Of exporting the raw material.
Let us no longer carry uinous trade with France at
The tune Of saa o0o 900 to 900 year impo
while We cell that nation than from sc, ,000 900 10
$4,000, 900 year exports
Let stop buying sugar from Brazil and Cubs while
have hundreds Of millions Of Of land in Fords Aaba
ma Mississippi, and Texas waiting for cultivation with sugar
Let wheat and -four in the iron mines cop
per Mines and coal mines Of the United stses instead Of
sending them to Sweden, Russia, Siberia, and S,aodhire
70 feed foreign sborsrs and workYen.
Lei Georgia, Tennessee, Ohio, and New Enelsnd raise
and manufacture silk goods instead Of France SPAIN
snd Italy.
Let us hear about the humbug Of preserving the
Union which preservation free uade-wbicb preser
walton means buy every thing and sell nothing.
FRANKLIN.
Supposrp MuRDHR.-The dead body Of woman sup-
pcsed to be that the wife of John Cookson Pawtucke,
Mas was found lest week myseriously buried eekouk
R Ii The evidence Of the identity Of the body seems 70
6e conclusive except that Of who says he Mrs
O. on her way to her fathers, In Maine, since the time
hen the MURDER If sny must have been committed Cook
son. about time the body discovered, took passsge in
the schooner Oregon bound from Providence 70 part Of
yrens but the vessel having been forced BY bad weather
d mt into New York. be has been arrested sod sen back
l-.At Ne