The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-02-08
| From our O,on Correspondent. I
From WnShinpfnn

WASHINGTON, Feb. THE amendments to the
House bill granting lands to the several States for
the endowment of Agricultural Colleges, which
passed the Senate to-day not likely to leopard
ze the contamination of the law.
Mr.. Forsyth, finding that the President woul d
neither take the responsibility removing him from
the mission to Mexico, nor consent to his return
there as Minister, sent in his resignation to-day.
From the Reporter of the Associated Press
WASHINGTON. Feb. THE Secretary of State
has transmitted to Congress his annual report on
the Foreign Commerce of the United States and
Commercial changes in Foreign Countries for the
year 1858. 1t is of peculiar value to the mercantile
and producing interests of the country at this time
it begins with Great Britain and ends with Para
quay. Besides the extracts of diplomatic and con-
sular dispatches, OF which the report is mainly
composed, important and interesting information is
compiled from the official reports of the leading
Governments, and presented in an agreeable and
attractive style. The Superintendent of the statis
tica office of the State Department and his assis-
tant, exhibit in this report, so far as a cursory
examination enables to Judge, evidence of much
ability and untring labor.
1t appears from this report, that the number of
acres under vine cultivation in France exceeds four
millions, yielding annually nine hundred and nine
! teen millions five hundred and fifty-fve thousand
five hundred and seventy-five gallons of wine and
| twenty-seven millions two hundred and twenty
| thousand and fifty gallons of brandy, worth, at the
| present low prices In france, SJS S,bl1 ,66U.
The report contains letter from c.. G. BAYLOR
dated Brussels, in December last, in which he saws
| he has devoted his means and opportunity to the
| development of direct reciprocal and independent
| trade between the tobacco and cotton States of
America and the Continent of Europe. Such trade
would benefit the general interest of the Southern
States, and incidentally the Western and North
| western States also. With the concurrence of the
friends of the movement, Belgium has been selected
as the base of European operations, and with the
concurrence of the leading commercial and financial
influences of the Kingdom, Mr. Baylor is author
lied to say, with the appreciation and good dis
position OF the Belgium Government, the long
expressed wish of the Southern States will soon re-
ceve such aid to result in the realization of the
practical and successful carrying on of the direct
trade with Continental Europe There has
been formed in Brussels, to regulate the details of
this commerce, and to represent the planting in
terest of America Continental and Direct Trade
Association. Steps are now being taken to receive
the cotton direct from the plantations of America
to be sold on the Continent under the auspices and
guarantee of ample and well known capital in the
most expeditions and economical manner, direct to
| the consumers in Belgium, in Switzerland, in the
Zollverein, and in Germany. To meet this cotton
import and impart the character of reciprocity tc
the trade, and supply the important feature of a
return trade with cheap freights, the manufac
turing interest in Belgium is about to be organized
and through means at once simple, practicable
and attractive, committee has been formed, under
the administration of which will be held exhibi
tlons OF Continental industry, taste, and manufac
turing skill, throughout the Southern States O
America, in the principal towns. These industria
exhibitions will partake of the character of the
German fairs and trade sales. The goods of tn,
Continent of Europe will then, in most attractive
manner, be brought, as it were, to the very door
OF the Southern people at first cost and exchanged
for cotton.
Mr.. Baylor asks the approval of the Department
for what he has done. The first fair will probably
be held in Charleston Mobile.
MIR. Forsyth to-day rendered his resignation a
the State Department as Minister to Mexico Gen
eral Cass assured him that his entire course hac
met with the approval of this government. His
resignation was prompted by motives of delicacy
Mr. Forsyth not being willing to hold the ofic
under present circumstances, our government moi
having come to any determination to what i
will do in regard to Mexican affairs. The dspcsi
tion OF the President is to await further develop
ments in that country and not at present prepared
to recognize either of the governments there exist
ing.
AS a mere item it is stated that the Republican
insist that the Administration shall confne itself t.
the reduced appropriations, they will reject an,
and all deficiency bills that may be asked for at tn
next session.
1t is rumored that arrangements are in progres
for establishing an independent Democratic pape
in the City of New York, and that so far a capita
of 100000 has been raised for that purpose
Messrs. Forsyth and Pryor are indicated as tn
editors.
At the evening session of the House Mr.. Stewart
of Maryland delivered a speech in favor of tn
revision of the Tariff as recommended by the Exec
utiye Department.