New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-02-02
ENGLAND
Peiii'sai Pre-peets-C omssercial Prosperity :
Case Of Starvation,

tie hedge Of the Foreign oscc told them ths ne held
the seals O, thar Department sd i-terini onlv ard
that IN no great leugth of tino the Foreign OKce
would be transferred 70 the Earl OF Clarendon 1hs
fact Is that Rsssel has always been perfc, fr,ner
IN the Foreign Department in which be never made
neutrality-suspicious.. except by insipd conlaila,on
the history, believe OF toe treaties concluS II
since the time Of the peace Of Nynwegen. book
which to confess the truth IA al least entertaining
IS the tragedy with which the same Russell once
surprised the world Lord John will in all probability.
be entrusted with the Leadership of the House of
Commons, with seat in the Cabne, where his entire
sctivty Is likely 10 be absorbed in framing the new
Reform Bill. Parliamentary Reform Is Russells trait
tonsry Seld of action since. by his in 1884,
be proved such mastery hand dividing the rotten
boronghs between Tories and Wings
Ny predictions on the probable ineicieney Of the
three Irish purchases made by the Ministry for securing
the enlistment Of the whole Brigade in the Cause
| of the Coalition Government, ssve already been full
fled to the very eticr The attitude OF Tks Frserass
Journal and TIE TabLa-thc tenor Of the letters and
declarations of Messrs. Lucas, Moore. and Duffy
lastly. the resolution adopted against Me,srs Ssieir
and Keoeh, at the last meeting of the Tenan-Right
Association. sufficiently indicate tina, the Aberdeen
Administration vii only dispose OF very small frac
ton the Irish troops.
It is known that Lord Aberdeen. the Chief of the
Cabin Ct will take his sea, in the House OF Lords Now
Mr. Bright in a speech recently delivered at banquet
ST Manchester to your Ambassador Mr. lngersoll,
has seized opportunity 70 explain bow the total
suppression Of the House of Lords ia the cosdia0n
sigS qua for the advancement Of the industrial
] midde-class. This first official declaration of the
Manchester school since the formation of the Coalition
Ministry viii do something toward enabling Lord
! Aberdeen in discovering where that Democracy so
much redoubted by Lord Derby exists
Thus the party warfare declared to have been abol
| ished for ever, by ssnguine writer in TIe Times
has already burst FORTH notwithstanding that the
of the Millennium had opened with the adjournment
/ Of Parliament until the 10Th of February.
The continuation and increase Of the commercial
and industrial prosperity has been loudly and unsni
mou'ly proclaimed at the beginning of the New Year
and confirmed by the publication of the revenue &C
counts down to the 5th inst. By the returns of the
Board Of Trade for the month and the IL months end
ing Dec s. ls52 by the reports of the Inspectors OF
Factories and lastly by the annual trade circulars
issued at the commencement OF every New.Year, and
giving general survey Of all the commercial trans
actions Of the past year
The Revenue Returns show a total increase on the
year Of 297s go. and on the quarter of G702, no
There 10 81 increase in every item the year with
the exception Of Customs The total placed into
the Exchequer amounted 20 e5046s,l93
The Excise, which is supposed to indicate the well
being of the people amounted 10 &l3G3l10
in the year ending Jan ), 1852
In the year ending Jan 8, 1853 it smtd TO l33j69Sl
The Stamps which indicate the increase OF
commercial activity, as In 1912,
! yielded. ACKNOWLEDGEMENTS. 5,aS,5H
Amounted in the years ls52l53 to-. 6,251,26l
The Property Tar, which indicates the in.
crease of wealth ofthc upper classes
amounting in 1912, to............ 5,3Oi9s3
Yielded in the year 1852 ............. 5509637
The Board OF Trade Returns for the month and eleven
months ending Dee s, 1859, show
1882. 1851. 1850.
month ends Dec. 5, s6,lOaGei 95iSs,2l6 e5ssasls
s,dins Dec. ST. 65,s.s7 ss 63slAH2 6o4Oo58
Consequently, there Is an increase VI nearly sl,0OO
| eco on the month, and upward Of t2O00,000 on the
eleven months Yet in the Absence OF all value the
imports, we know not how far it is met surpassed
| by the increased value OF the latter.
Passing to the reports of the Inspectors OF Factories
Mr.. Horner, Inspector for the Lancashire District in
his report the half year ending Oct 81 1852 which
has just been published, wrxss follows
ain district, very little change has taken place in the
last regards wooden. woTsted aud silk factories and
ssx nfs remain they the LIST OF November s5
]
deducng those which present unoccuped and many
CT them viii, IN all probability, be again WORK co
pecsy those nom which the machinery has not been
Iooved there have been the last years
lZ9 new nils with an aggregate Of 400 horse power,
sna there have been % Instances OF additions 10 existing
Es with AZ aggregate OF 900 horse power sthere
has been ncrease OF 6llS horse power, which must
have given employment 10 probably fewer than - go
additional hands the cotton trade Ns1 is this all for
many mills are At present being built In the limited
which includes the towns OF Ashton Ssey Old
ham and Lees there are eleven which It Is estimated will
have ssgregate power Of go horses The macnsmAk
ssd 20 be overwhelmed with orders and very in
iehreD and observing halloween told lately that many
Of he building noU Solog up would ia all probability MOI
be At work before 1874 from the impossibty 10 Get
ehmery 10 them But the above returns and ose that Will
be gwen by my colleagues the present occon however
they may indicate great increase, still they by
Of Increase Of podue which il would be very df
cult to obtain any account. alude to the modern i'm
prOvements n steam ensrss, by which old engines and
even Few engines made TO do amount Of WORK far
beyord their nominal horse power and to extent for
merry believed 10 be impossible
Mr.. Homer then quotes letter from tle eminent
sirilengnoer Mr.. Nasmyth, of Birmingham descrb-
ing the gain Of power by working the engines great
speed and by adapting TO them the high pressure
double cylinders Of Vol, the result OF which u.s. that
at least City per cent work Re done by the denti
eel engine. still in than done before the I'M.
proyenent
appears from summary Of the reports Of ell the
Inspector that in he year eBdng Oct 81, 1852 The
total number OF new factories occupied was 30 with
power Il An horses snd wafer power Of SEQ
horses, and The addition 70 existing factories amounted
10 60 with sean power Of 5J2 horses sLd water
power Of p horses saakng grand total VI 6)l7 horse
power.
Passrg next 20 the annual trade crczi4rs we ind
them all breathing the enthusiastic style IN which
The Times predicted the political millennium and having
any rate ths advantage that they basei Act
and net On mere expectations ~ tar they refer ~
the pssI year.
The agricultural interes; has ior complaint.
On the opening OF the yea the weekly average price OF
when, was n 2 ,the close Of the year il has reached
15ll. The rise in the prices Of grain has been
panied by rse in the price Of esrte meat batter and
cheese.
In August ls5l an unprecedented al IN the prices Of
produce known 20 have taken place, chiefly the
prees Vi ssgr and coffee and did with that
year the panic IN Mncng Lane did not reach IL hight
I'll tie frs: month OF the pat year. The annual cTcu
hrs indicate now considerable advance m tie prices