Newspaper of The New York Herald, July 6, 1846, Page 2

Newspaper of The New York Herald dated July 6, 1846 Page 2
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1 the original contract, an intimation was given to Messrs. Cunard, that they would have the preference if the whole arrangements contemplated were carried out. Mr. \f I iraunv tlvnmtlit ?!..?? nn ?hould be giveu to any party; il?*? matter should be open to com|k>it. He called oil the government not to give a monopoly to the Halifax and Boston Company, but to give a share of their patronage to the Great Western or any other company that was m a position to perform the neces-arv duty. The Luax-ki.lor of the Exchequer said, in IKfc it was publicly offered by the government to contract for increasing the means of communica' lion between hngland and North America, and the tender of Mes>rs. Cuuard was taken. It wat then contemplated to have a weekly communication, but a fortnightly one was found to be sittiieient at tho time. It luul since been found that increased communication was necessary, and the government consequently found themselves bound to give Messrs. Cuuard the preference of taking the contract for providing the means for that communication. Loul J. Russell did not know the terms of the oxi-tinn contract with Messrs. Cuuard He believed that it hud been well performed, but he thought it would be. rruiit to lay before Parliament papers stating how eniciently or otherwise it was performed, before a new one* was entered into or signed. Mr. M. Gibson hoped that the contract would not be signed until tnc papers moved for by the hon. member lor I5ri?tol 011 the subject were laid before the House. Sir It. Peki. (as we understood) was not prepared to give any such assurance. It is a well known fact, that at least three ot four steam ships lor the above service are at the pres< nt time in rapid course of construction, by the same builders and engineers who built thu Cambria, and other steam snips of the British ami North American Koyul Mail .Steam Packet Company: and there is not, in the minds of practical men here, the shadow of a doubt that, under the ?atne management- tin" riarlnriimnnoa ?W iVw.i.i additional stt-am ! ps w ',1 be ???]n:illy creditable, not only to tlx' parties unpaged, but to the government nnil the country at large?not leaving out ol sight thu incalculable benefits arising therefrom to the commercial cominunitu .< ot'America and Kngland, ami, indeed, to the woild. Affair* In Canntln?'Tlir Thrcnt of Revolution. " Dnwntio jTRrrT, June 3 " My T.nan?I have to acknowledge the receipt ol your Lordship's den patch, No. M, ot" the 13th of Slay, transmitting to mo, for presentation to Her Majesty, an ddreis, which hat been voto<l by Her Majosty's loyal subjects, the Commons of Canada. * ' "Her Maiesty's government conceive that the protection principle cannot with justice bo described as the universul basis, either of the general connoxion between the United Kingdom and its colonies, or even of their commercial connection. There is a largo und important group of the colonies of this country, having a very extended commerce, and one of u peculiarly British character, in relation to which the protective system has ot no time exercised a powerful influence, and in relation to which, ot present, it has little more than a nominal existence I speak of the Australian colonies. And it cannot fail to bo remarked that while these are the moot distant, and therefore, according to the supposition of many, the most in need of commercial preference they have also tnude the most rapid progress, and have thus most effectually belied that necessity. It is true, indeed, that a part of their material prosperity may be Heritable to toe supply of penal labor; but this is far Irom atl'orcjjng an explanation of the case, since perhaps the most remarkable instances of vigorous and rapid grow th among the Australian possessions of Her Ma jesty have been instances in which penal labor has beer altogether unknown. The energy of the colonists has without doubt unJer Divine Providence, been the mair cause of their singular advancement; stimulated, but no' overborne by distance, and aided, not repressed, by the enjoyment of commercial freedom. The same energies with less disadvantage of distance to contend against will, it may be confidently predicted, have a similar ef feet in developing the resources of British North Ame ilea. * * ** " It in not for tho sako of controversial or purely argu mentative advantage tliut Her Majesty's Oovernmcn' refer to former apprehension*, and to the manner it which they huvo been dissipated by the event. A rtrospect of this kind is calculated to throw clear an. abundant light upon the real merits of the question. Th( tears which are now entertained have reference to th? circumstance that it i? propose 1 to remove all differentia duty between Canadian ond foreign corn. 1 sit, then, tc lie shown that Canadian corn trade ha? prospered here tofore in proportion to the amount of such differential duty f Karotherwise The law of 18-J8 diminished the difterence in favor of Canada; the law of 184'J furthei and greatly diminished the difference in favor of Canada the law of 1*43, which reduced the duty on Canadiai wheat to Is per quarter, still left a much smaller diller ence in its favor, as against foreign wheat, than e\i?te< under either of the former corn laws ; and yet the cori trade of Canada Ins grown and prospered ; and its exten nion has. doubtless, contributed in no small degree to thi happiness and prosperity of the people of the colony which tho Assembly, sharing in the unmingled satisfac tion of Her Majestv and the British Parliament, hasseet advancing in steaJy and successful progression Bu thi* estension has taken place, not under protection se cured from change, nor under protection fortified b; successive increments, but contemporaneously with I series of changes involving its groat diminution ' It appears to be the impression of the Assembly tlia some great revolution of prices is likely to occur, a the consequence of the pending changes in the law which will deprive the Canadian farmer of all hope o remuneration for his surplus produce. Butthe Canadiai farmer is advanctug lrom year lo year in capital and ii science : and, to say nothing of the great advantages hi cannot tail te derive from improved communications, i would surely be rash to assert, nor probably do the Ai sembly in their address intend to imply, that his industry must be paraly zed unless he shall continue to receivi tho precise atnouut of average payment for his grail that he has hitherto received for it. * * " I am unwilling to repeat at length the argument which I have addressed to your lordship in my despatch No 66, of the 18th of May, with respest to the other grea subject of tho alarm of the assembly ?namely, the tradi in timber. When, however, we revert to the year 1843 it cannot but be acknowledged that this was the case of I trade peculiarly artificial as it stood under the forme law. The reduction, though graduated, uas decisive perhaps in no case has it been more so; and certainly ir no case have mere uniform, confidant, or sincere prophe cies of ruin been hazarded by the opponents of thi change The result is, that tHe export of timber Irotr British North America to this country attained during this year to a height which it had never reached undei the more protective law. ? ? Her Majesty's Oo< vernment, therefore, cannot, on the part of the Imperial Kxcheqtier, share in the fear that increased freedom oi "trade will have the effect of crippling the revenues ol those important public works, which are designed to facilitate the transit of the produce of Caned* by the St. Lawrence to the sea. They can by no means subscribe to the opinion, that the comparative'dearness of this route is an established fart. And thev likewise feel that if they did subscribe to that opinion, although it might corroborate the propriety of the course they have pursued in suggesting to parliament the interposition of an interval befoie entile freedom shall be given to the corn trade, it could do no more, it could not induce them to ask, not parliament to grant, nor, they are certain, could it induct the people of Canada to desire, that the market of the ii farm produce should be maintained by means of a perpe tual tax upon the people of Kngland. In referring to the unchecked competition which, so far as British law ii concerned, will be established between colonial and to reign corn by the repeal of the corn law, it perhaps may not have occurred to the assembly that British law alone cannot suffice to establish this competition The prict which the oolonial and foreign exporters of t orn respec tivcly will obtain for their gram in Great Britain musl always bo materially affected by the comparative decree* of facility which may be afforded in tire country of th? one and of the other for the introduction of those British good* by which payment for the corn must substantially be made. British good* arc admitted into Canada at very low, into the American I'nion at very high, im)>ort du ties. The cll'ect of this it not merely to give to the Bri tish exporter a better position in the Canadian market than in that o( the United srat?? Imi in ? ?>).i.< ki~. t* give a better price fur the commodity he purchase) in return, and therefore to (five to the corn tradfc of c atiadf a corresponding advantage, no long as the present t.iritt.H continue, over that of the United States. With respect to that portion of the address which prays Her Majesty to invite the government of the United States, to establish an equality of trade between the dominions of the republic, and the British North American colonies, I am commanded to instruct your Lordship toasaurethe Assembly, that ller Majesty will readily cause directions to be given to her minister at Washington, to avail himself ol the earliest suitable opportunity, to press this important subject on the notice of that go vernment, and that it will afford ller .Majesty the most sincere satisfaction, if any communication which may hereafter be held for this purpose, shall have the etlecl which if des<red by her Uitlilul C ommons of Canada ' ' With respect to that part of the address which relate) to the duty of It per quarter, which it ia proposed tc charge on all w heat importnAinto Kngland after th? re peal ( the com law, 1 am to refer your Lordship to mj despatch, No. M. of the 13th April, on the same subject From tha purport of that despatch, it would of course ! < Ten more difficult to recede at a period, when the bil introduced into the House of ( ommons by the adviseri of the Crown, has passed through all its stages in the house, and has been affirmed, as to its piinciple, on th< second reading by the House of Lords. It would indeed be a tourer of the griateit pain to /fei Majeity't gone*nmeiy, if they could share in the <mt ret ti*n. that lAl connexion between thii country nnd Cana da. derived its vitality from no other source, than from th< 'xchange of commercial preferences. If it trert to, i might appear to be a relation romitting in the exchange not of hmente hut oj burdem; if it were so. it would tug gett the idea that the. connexion ittelf had reached, or icai about to reach, the legitimate term of itt eritlenct. llu Her Majesty's government still augur for it a longer du ration, founded upon a larger and firmer basis,? upor uvhvuuu rnniivrau irom uie one fide. anil allegiance treely ami loyal!) returned from the other,?upon com mon tradition* of the [>aat. and of the futuie,?upor rcaerablaiice* in origin, in lawn, and in manner),?ii what inwardly bindi men and communitiea of men to Hether, at well aa in the dote aiiociation of th*?e mate rial intereata winch, aa liei Majetty'i government arc convinced, are de?tined not to recede but to adrauce, not to be aevered, but to be more cloiely and healthfully combined under the quickening influences of increased oommercial freedom I have, Scc W E. GLADSTONE. According to the accounts from Rome the monopoly of salt ami tobacco lias again been farmed out to M. Torlonia till I806, government keeping nn interest in the concern of per cent., besides a sum of fi<IO,UOO florins. This monopoly . rings in a total of one million offlorinaa year, the only sufferer is the public, both the articles in juedtion being of the worat quality. British North American IU\K.-jLast week the annual meeting of the shareholders in thii hank took place at the Company's house, St. Helen's place. Mr. Gillespie presided. Mr. Attwood, the secretary, rend the report, which stated that the Hamilton branch had become a member ol the institution. The directors, alive to the growing importance of Canada West, bad opened similar establishments at Rrantford and Pandas. The report then proceeds " While, however, they have thui availed themaelvei of the opportunities presented for extending the profttahie o|>erations of the hank, the director* have not failed i to impress upon the inau-igert and local board* of the different lirancht'4 the importance of acting with great prudence. so a< to give no encouragement to excessive speculation, thin having become tno more neceMRry from the change* in the tariff and in the corn-law* affecting the trade of the North American colonies, proposed to parliament by Her Majeaty'* minuter*." i'he report alluded to the absconding of a letter carrier at the Montreal branch, named Ready, by which a lo.i ol X'.1400 was entailed. To cover thii lot*, a similar uuuui iinu iincit ueuucieu ironi me promt ol tne OanK Lut year in the account* now presented. The amount of undividod net profit to Dec. 31, IS4I, wan ?30,439 14 1 The net profit for the year 1845, after deduction of all current chargea, and providing for all bad aud doubt!ul ilebta, was 56,393 16 fl 86,733 10 1 From which i? to bo taken the amount of dividends paid? At Midsummer. IMA ?2.1,000 i At Chriitmas, 1845 35,000 i 50,000 0 fl Leaving amount of undivided net profit to Dec 31, 1815 ?36,733 10 1 Tlie Chairman addressed the meeting on the present |> tuition of the bank. To put the meeting i in lull possession of tlie progress made in the nl> l;ui - of the bunk, up to the 1st of May in the pres sent year, us compared with the same date ol the 1 past year, he would read the following statement. The figures were in Halifax currency. The 1 amount of deposits in May, 1*445, in the various b inks, was ?174,H1N. in May, this year, they , were ?2X1,152. The amount of circulation in May, 1M5, was ?240,002, and on the 1st of May last, ?372,378. In May. 1845, the amount ol inf terest was ?21,618, and last mouth, ?30,385. i Under the head of bills discounted, the amount ' Oil the 1-t ofMiiv. 1S45 u;:i? ?!1 nlo hnf nn tli? 1st ultimo, .?1,433,585. (Hear, hear.) Reference was made in the report to the corn bill, which, if passed, might to some extent prove injurious to the Canauas, but still they considered that with caution tlio operations of this bank would be most usefully and prtJHtably extended, The rent hist year, at the time it was made up, was .00,400. It was, by the return now made up, 900, and that too, lifter making provisions for a dividend of live per cent, instead of four per cent. The report was adopted, and thanks were I voted to the Chairman and Directors, alter which the meeting separated. Ascot Heath Hacks.?The (iolil Vase, given i by her Majesty, added to a sweepstake of 20sov. each. Mr. T. Duwson'n ch. c. Grimston, by Vcrulam. .(Lye) 1 1 Lord Waterford's Con-anna (Nat) '1 i Sir (> Heuthrote's Khondooz (Chapplo) 3 i Khondooz took the laii at starting, the Peri eolt second, Burgundy and Grimston next, and 1 the others at their heels. In this order they approached the last turn ; Grimston, Corranna, and the IVri eolt then approached their lender, and at i the distance it was evident that the race was not I to finish as it commenced. Corranna ami the Peri here were slightly in advance, but Grimston now i showed with them, was clear of them at the stand anil ran in an easy winner by two lengths, Cor[ ranna beating Khondooz hy naif a length, Peri s colt a bad fourth, Kesheng fifth. Her Majesty'i Plate of 100 guineui. ' Mr. J. Dmko's Bold Archer, by (ilycon or Assan[ sin . (Abdalo) 1 .Mr. Onslow's Hurt' (H. Bell) 2 > Hull made running at a sin v pace to the lasi . turn, where the young one went in front, was t never afterwards fairly caught, and wou by it 1 length. A Piece of Hate, value 500 sovs. the gift of liif Majei ' ty tlio Emperor of all the Kussias. Mr. Grcvillc's Alarm, by Venison (Nat) 1 J Lord Lonsdale's Jericho (Bartholomew) 2 ' Lord Watorford'n Wolfdoe (F.Butler) 3 ' After a delay of nearly a quarter of an hour, oc[ casioned by Orlando having thrown his jockey , and broken his bridle, they got otr at the first sig mil, Coi ranna at once taking a decided lead, fol; lowed by Jericho, Wolfdog and the Peri colt, the i rest laid up. Miss .Sarah, Corranna, The Btron, and Mentor were defeated, and Jericho went on 1 with a slight lead of Alarm to the hall distance; ' the latter then challenged, secured tlie race in j about half a dozen strides, and won in gallant s'yle by a length, Wolfdog third, Corranna a bail 1 fourth, and Mentor tilth. Run in four minute: i forty seconds. France. f The Paris correspondent of tlio European a Times under date of the 15th ultimo says:?Paris is emptying very fast; all the beau mendt beinji 1 off to the watering places in Germany, the pro' vinces, the sea coast? or England. The heat ol j late has been most intense. People at preseni ? live as much out of doors, and as much in tin 15 shade as possible. e Texas had, on its being declared independent t entered into a commercial treaty with France 1 very favorable to the latter. In a discussion it r the Chamber, a deputy demanded that the main J tenance of that treaty should be insisted upon . notwithstanding the annexation of Texas to tlx , United States. The Minister of Commerce statec , that negotiations on the subject were in progress t The official Montour has announced that Mr s King, the American Minister, has had a private interview with Louis Philippe, to present to his * Majesty the reply of President Polk to the notification of the birth of the Princesse Marguerite d'Orleans, one of the King's grand daughters. One step towards the abolition of the odious and i stupid quarantine laws lias been made by this ' country, by the promulgation of an ordonnance, [ that for the future the time occupied in a voyage shall be counted as part of the quarantine. This j will be of some advantage to commerce and trar vellers. It is a fact lliat the minrnntine Inuri nro in i<uru|>e, or even in ute worm. It* length, with embranchments, is 291 kileturffes ; it unites the capitals of two kingdoms?TOris nnd Brn??els ; its traffic will bo enormous. Although the embranch. meuts are not yet completed, there are nlrendy 175 locomotives and 82,fl00 carriages on the line. The feasting and ihe pomp and the parade ef the opening of to-morrow will be gorgeously magnificent. Throughout the whole length ol the line all the populations will be on foot to welcome the train*j and atLiUe, Amiens, and other great towns, there will be such rejoicings as wvre ne r monstrously injurious to France; inasmuch as they drive French people coming from the East to pass by England, so as to avoid detention nt Marseilles. All the despatches from the Chinese Embassy, for example, were brought via England. Yet, strange to say, the quarantine lias been demonstrated to be of no use, for recent investigations of high medical authorities have proved that the plague is not contagious ! The royal families of France and Russia have ' hitherto been on bad terms with each other, the Emperor Nicholas hnving a great dislike to Kins | Louta Philippe; and this has caused luih an iL , feeling between the governments of the two countries, that the ordinary diplomatic relations are not kept up. Of late, however, the Umperor Nii cliolas is said to have shown a disposition to be1 come friendly with the court of France. His allowing his son to visit Toulon was considered s J proof that bis sentiments were undergoing n , change^ and lately he has placed at t!ce disposal , of the King of the French several crosses of the orders of Russia for distribution among the otti' cers who waited on his son when in France. This last is considered a most gracious piece of condescension on the part of tlie Czar. If friendl) ' communications should be established between | Paris and St. Petersburgh, it is not improbable , that it may lead to certain changes in politics, i which diplomatists consider of great importance Lecomte, the would-be-assassin of I^mis Philippe, has been brought to trial, condemned tc death, and ext^cuted. The trial was of considerable length, owing to the number of witnesses examined. Nothing, however, that has not been known to the public from the first has been elicited Lecomte, both before, during, r.iid alter the irmi, usencn mat m* naa no acoompuccs, nnd that lie was not the tool of nnv political faction. The law ranging attempts on the king's life in the crime of panic ine, he was condemned to be exe\ cuted h* a paracide?that is, to go bareloot to the , scartold, wearing a shirt outside his dress, to have , lus head covered with a black veil, to remain . MandniR on the scalfold whilst the sentence was - rend to ihe people, and to be then beheaded. All this was done on Monday morning at an early j hour. Lecomte showed extraordinary fortitude. J mounting the ucaftold with a firm step, listening , unmoved to the reading of the sentence, placing ? himself unassisted in tlie required position, ana remaining unagitated for ?he few moments that r elapsed before the knife fell, and his head wm severed from his body. It was fully expected in Paris that he would have been parrtoned, and ?ep veral of the newspapers spoke of the pardon as a ' matter ?fcourse. The King, it is said, was an*' ious to save the wretch's life, but the ministers , unanimously insisted that he should (be, and die t he did. Last Sunday the little railway from Paris to i Sce.uix was opened with much ceremony. It is 1 for the trial of a new invention, which enables curves, exceedingly narrow, to be gondover with ' as much rapidity as straight lines. If it succeeds it will be one of the most important discoveries in connection with railways yti m?de. To-inori row takes place the opening of the Great Northern Railway, which is the nioft gigantic of any ver seen before, and probably, will never be wen i again. The project of law on the fortifications of Havre, Cherbourg, Toulon, he. liavt? l>een rejected ; and as the Chamber will t*s dissolved, a re-introduction of those bills will be necessary. It has alio rejected several other projects of law on public works and public instruction ; admitting in the owr 01 me nay oniy mute which granieu credits for the railways of Orleans and Vierzon, and Nisi me* and Montpclicr. The Chamber will terminate its labors on the 20th ; 011 the 6th or 7th of 1 July it will be dissolved; and the elections will take place on the 1st of August. To show you how well informed the republican ' , newspapers of Paris are on American affairs, 1 beg to mention that one of them this morning states that the New York Htrald is the organ of the English government. Notwithstanding the favorable accounts receiv1 ed of the crops, the price of bread in Paris for the second fortnight in June has been augmented.? Bread of the first quality will be sold at 37 centimes the killegrainme, and bread of second quality at 30 centimes. The Preue says that several manufacturers, who had received largo orders for America, have 1 just had them countermanded, on account of the declaration of war between the United States and Mexico. Mr. Romulus M. Saunders, who has succeeded Washington Irving as ambassador at Madrid, has arrived in Paris, rn route for Madrid. Italy* Advices from Milan to the 6th ult. If i? fhnf 11 if* Kintr nf V?nl#?? whn i? rtr* lor enlightened IiberaMt/ in commercial matters, is iibom to declare Naples and Palermo Tree ports. Negotiations have been entered into with France lor a reduction of duties on French wines and articles of Paris. ( agitation continues to prevail in different parts ol this country, especially in the Papal States, and it is to be feared that outbreaks will take place. Switzerland. The intelligence from Berne is of the 12th ult. We fear some further troubles in this part of the world. The Aiumblie Conttituanti has proposed to take the property of communes and innke them the means of supporting the people. Against any such measure the Bemois protest most loudly, and will sooner begin another revolution than permit it. God help us! If all republics were like those in this part of the world, they would deserve putting down as nuisances! The Berne people have not yet brought to a close their discussions ou their new democratic constitution. Port a#nl. The accounts from Lisbon are of the 6th ult. The insurrectionary Juntas have almost everywhere laid down their arms, expressing their satisfaction with the general measures of the new Administration, especially with their proposed re-enrolment of the National Guard, the dismissal of the Cabralist Municipal Chambers, and the appointment of popular commissions in their stend at Lisbon and Oporto. The insurgents of Tras-os-Montes and ol the southern margin of the Douro still retain their arms, although returning home quietly, and state their intention of remaining armed until they shall have obtained complete possession of the " guarantee " of the National Guard. There has been no official notification as yet of the Juntas of Coimbra. Villa Franca, and one or two other places, finally submitting ; but in their present state of isolation they can no longer hold out, and the country may be substantially regarded as finally pacified. Great embarrassment continues to exist in the mornnntilp pnmmtinitv Tho finvprnnlont Yinv*? published a financial programme, in which extensive retrenchment has been promised, and the fulfilling as l'ar as possible, of all the national engagements. The foreign dividends would be held ! inviolable. Germany. 1 Advices from Berlin are of the 11th ult. A series of magnificent concerts has been given I at Aix-la-Chapellu, with Jenny Lind as principal songstress, and Mendelssohn as conductor. It ! was one of the most splendid musical f(ta of , 1 which even this musical land can boast, and ex| cited unbounded enthusiasm. An Academy of Sciences has just been esta. blished at Vienna. . I There is nothing stirring in any part of this vast | Germany with which it is worth while to trouble , ; you. Emigration to the United States and other parts of the American continent appears on the increase. The German papers announce that the Empe| , rors of Russia and Austria, and the King of Prussia, are to meet at Vienna in September next. Sweden nnd Norway. 1 The accounts from Stockholm are of the 5th ult. Emigration is rapidly on the increase from this fiart of the world to the United States. A vessel ately left Sbien with 250 emigrants, leaving 700 \ prepared to follow at the first opportunity. The , greater part of the emigrants are artisiint and agriculturists, and many of them are tolerably f well to do in the woild. t ! The coronation of the King and Queen is to , take place in l>ctober with great pomp. A son of their Majesties has just been appointed lieu1 tenant in the royal navy. Haul*. i Intelligence from St. Potersburg*to the 3d ult. - is received: , Recent despatches from Caucasus set forth the ? details of some operations which have been very I advantageous to Russian arr?s. v .isi preparations are malting lor tue marriage of the Emperor's daughter, the Princess Olga. > Poland is encumbered with troops. i Accounts from Pasen, dated June 9, informs ns that since the arrival of the Empress of Russia, i | the Poles have entertained hopes that anamnesty | would he accorded ; and it was generally rumor1 ' ed that a certain number would beset &t liberty. Tahiti. The Conner Fran fait of Paris says? " We are assured that Government has receivi ed from Tahiti news of a most serious character. Several warm engagements had taken place between our soldiers and the natives of the different ; islands, which M. Bruat had given orders to occupy. But the most serious faot ia the connivance of the English missionaries, who covertly sent powder and ammunition to the insurgents. Set veral box as ol cartriges concealed under Bibles i and religious books were seized ; and tlio marks 1 of English manufactures were equally found on the muskets left on the field of battle "by the natives. We shall see what steps will be taken by > Government in presence of the constant renewal i of such incidents." [ j Algiers. 1 Intelligence from Algiers is of the usual charac" ter; tribe* have revolted, been chastised, and sub1 mitted. At the date of the last advices all was orderly, and the troops were calculating on?en joying some repose, which the intense heat ren ders particularly acceptable. The massacre of 1 three hundred French prisoners by Abd-el-Kader 1 lias caused very naturally an intense feeling of , uwrrur tinu inuignniion. 1 The proceedings in the Chamber* have been i without interest lor the foreign reader. Debates have only taken place on tlie budget, railway I ills, &c. There lias, however, been a lorn? discussion on Algiers, in the course of which ono , valorous and courageous deputy strongly recomi mended the abandonment of the colony. France certainly could not do a better thing than to get rid of what costs her millions of treasure and thousands of lives annually, but that is not to be expected. The debate led to nothing. In the course of a fortnight, or perhaps less, the session will be brouubt to a close. The Dralk of Pope Gregory XVI. The Pope departed this life on the 1st instant, i His Holiness hat! been indispo^'d during the last week of May, but on the 23th or 29th of that , month he was deemed by his physicians perfectly recovered. His death was sudden, and may possibly give rise to rumors such as followed , the decease, similarly, of several of his predecessors. In ordinary times, the demise of a Pope ! would not occasion any sensation in the political world, but such is not trie case in the present in. stance. Pope Gregory XVI. was a good, kind, benevolent man, sincere in his religious prin! ciples, and more tolerant than nrto?t others who ( had held the keys of St. Peter. He was fully 1 aware of a coming crisis in his States; he fnre| saw, and would by concession have obviated, the utoiwiic."imifi|f form, uiai cannot oinerwise DO prevented bin sting upon Home at least; hut lie was overborne by the cardinals, who, to the repeated entreaties of Franco and Austria, and it is said England, refused concurrence in even the slightest amelioration of the civil and political condition of the subjects of the Holy See. The member of the Sacred College most likely to sue ceed Pope Gregory XVI. is the Cardinal Franzoni. Prefect of the congregation of the Propaganda. He is, however, considered friendly towards the Jesuit.*, and will be, of course, Heicely opposed by France?a power which, through i i's wily and talented representative at the Roman f ourt, alleged to be playing a game jn Itnly upon which the other government* of Europe, . C,rcat Britain included, would do well to keep an ''ye. Cardinal Frnnior.i was born at Genoa, on the 10th of December, 1775, and is, of course, in , the "1st year of his age. Cardinal Acton might not improbably he selected, and would in that nau w.. ~-l.. .1 .1' iv. .... L . . ' 1,1,1 secona EinKiienman umi nas hold the Papal dignity. The lollowniK are the principal ceremonies obPontitT *' "?,ne on 'he death of the sovereign " As soon a* the reigning Pope has ceased to live, the Pop? s Great Chamberlain, accompanied j by the Clerks of the Apostolical Chamber, is oon ducted to the bedroom of the deceased Pontiff, ! where he verifies his mortal remains, and receives ' from the hand* of the Master of the Chamber the ' fisherman's rinft.' Tins rinjr, and the seal of bulls, called the " leaden seal," are broken by the | chief master of the ceremonies in presence of all the Cardinal*. The Pope's Great Chamberlain then holds a congregation with the same clerks, and in this re-uuion he appoints all tke officers of the Chamber. Twen*y four hours after the Pope's death, his body is embalmed. In the evening of the third day, it is transported to the church of St. Peter's with the same pomp that surrounded the Sovereign Pontiff on solemn occasions ; there is also a detachment of artillery which forms a part of the cortfrt. The body, thus embalmed, remains exposed in the Chapel of the Holy Sarrament during three days, the heud turned towards the altar, and nits ica mucnmjj ui? railing WHICH encloses um chapel. The people p*y their last homage of respect and regret to the mortal remains of the ! Pope by ki-"sing hi* feet through tho bar*.

A large and rich catafalque is raised during this period in the middle of the principal nave of l the basilica. The portrait of the deceased Pope, 1 and the most memorable events of his reign, are painted in gray colors, and ornAiuent the ditferent aides of the mausoleum. The funeral 1 commences in the evening of the third day by the ceremony of interment, which takes place in , the presence of the Great Chamberlain, the Cardinals appointed bv the deceased, and the clerks of the chamber. The body, enclosed in a triple coffin, is afterwards placed'near the chapel of the choir until the time of sepultre. " The funeral ceremonies last during nine days. The eaidinnls, prelates, magistrate* of Rome, officers of the pontifical household?all those, in fact, who usually assist in the Papal chapels, a re present at these ceremonies. The Sacred Col, lege assembles before the funeral mass, in tho sacristy of St. Peter's, and there appoints the d liferent public oliicers for the government of Rome, the Council of State, and the Conclave." " The Church of Rome," says Galignani't Messenger, "is now rendering to the deoeased Pope its last offices, which are called the Woven Diali, because they last nine days. The cardinal*, formallv asMvuhlrd. exHrniw* tli? sovereign authority, and are making preparatidns for the great act of the election, of a successor to the lat?> pontiff, who must be one of their body. The diplomatist* aro , admitted to short audiences. Each minister, after the usual compliments, ventures to give his private recommendations, but always in general terms, wailing till his letters of credence are to be enounced, and which must be addressed to the ' Saored College, which receives them at the grated wieket of the Conclave. In the evening of the day when the Cardinals enter into the Conclave, they proceed there in procession, chanting the I "Venn CreatorDuring this evening, the members of the diplomatic body may enter into the Conclave, and even the cells or apartments of the ! cardinals. At the closing in of the night, an official walks through the corridors ringing a bell, as I the signal of departure, and the Conclave is closed in, not to be reopened until after the elecj tion is consummated All this will pass on the 11th inst, between 7 and 10 o'clock. The Conclave is guarded by a prince, called tho Marshal of the Conclave, posted at the outer gates. The I fitst steps in the election will be taken on the 12ih. All business is suspended during tho sitting of the I Conclave, even the tribunals suspend their proi ceedings, and the only authorities Uiat retain tneir functions are the Camerlingua, the (Irand Penitentiary, and tho Vicar of Rome. No order can be issued from any other authority with out being specially continued by the assembled cardinals, : which confirmation is transmitted immediately to 1 the Governor of Rome and the Treasurer-Gene1 ral. According to the custom which has always I been observed, the arrival of the Cardinal Legates ' and the foreign Cardinals will be waited for l>efore the election is seriously entered upon. The first may arrive at Rome, in time for the second or third day of the -Vovca Diali, and the others i by the twentieth day alter the death of the Pope, consequently there can be no election before the | '20th inst., unless some unforeseen event shall occur. To constitute a valid election: the candidate i must obtain at least two-thirds of the votes minus I his own. If 45 Cardinals are assembled, he must ! have 30 votes, and it there be 46 the majority i must be 31 If the Conclave be composed of 57 members, the election will be completely canonical, if one of the candidates has 33 votes, without I reckoning his own." [From the Taris ("onstitiitionnel, of Jane 9 ] ) an important event, si . well for Italy o? for all Kurope. Religious questions of ' great import are pending at this moment, and the change . of TontinT, and consequently of the Cardinal Secretary of State, may ho the source'of new difficulties between I the court of Rome and the Kuropaan governments. With i respect to Italy, this so ill-timed a death may give rise to | new insurrections, for discontent is general from papal i ; miigovurnment, and the agitaiion of the public mind in1 creases from day to day. It will be remembered that in I 1831, when Gregory XVI. ascended the Tontiflclal throne, j a revolution broke out in central Italy, and that the movement extended in few dayi overall the Roman states. Austria soon interfered, and the occupation of the country bv foreign troop* prevented a revolution, but the causes of complaint continued to exist These ' were so evident, that even the representatives of the great powers deemed them well founded, aod en the 31 it of May, 1831, they delivered to Cardinal Barnetti, the new Sejretarv of State, the celebrated "memorandum." containing the political and administrative reform*, wktokOngWI XYI. WM advised to adopt. The court of Rome promiied theie reform*, and it if well-known how ihe kept her promiie. Fresh disturbance* aroae, and as a consequence, Austria again interfered, and decided Krance on the occupation of Ancona. The French Ministry had then for President Casimir Perier, who planned the expedition to Ancona, not only with a view to counterbalancing the power of Auitria in Italy, and of securing the independence of the Roman State*, but of also forcing the Pope to introduce into bis government "relative and positive ameliorations," and of a nature to placcthe safety o( the Holy See upon a more stable foundation than that of a periodical repression, and to secure the ratisfaction of the people, by complying with their legitimate wants, ami adopting enlightened , views. The papal government was, however, re-established in the distuibed province* without any atneliorations. Despite the promises of the roatitT, the words of ' ( **imir Perier?notw ithstanding the solemn act of the Ancona people in lS3i, whon asking for institution* and reforms?notwithitanding petition* and protest* from those lame communal and provincial couucil*, consisting of person* appointed by the court of Rome itself? from that period, and especially since Cardinal Lambruschini ha* been in power, the papal government has followed a retrogiade movement. Ik* insurrec- ' tions have pretty rapidly followed one aa^mer in the legations. The disturbance* in the province of Bologna in184P, are itill fresh, as also those at Rumint and other parts of Romagna last year. The patriot* of Romagna published at that time a manifesto, in which they sot forth the cause of the re volt, as also the reform* wished for by the people. The moderation and the justice of tlieae demand* were admitted by every one ; still the Court of Home ha* obstinately j>er*isteil ia tefraiiiing from applying any remedy to that state of thins*. The disorder of the administration tia* continued. The financial deficit has increased. .Military commission*, puliti- j ral tribunals, ecclesiastical jurisdictions, the inquisition, have been upheld; consequently discontent Is universal, persecutions are uncea*in<, the prisons always full, and the number of emigrants increasing. The evil i* *o great in the Roman states. that resignation i* no longer possible. And if the power* of Kurope, who value ao much the maintenance of poace. do not compel the Court of Rome to adopt the institution* pointed out by the memo- j ranuum 01 mo iisi 01 may, inji, a* aieo me manitesio ol September, 1843. another and more serious iniurrectiun may be expected. Such a movement would, no doubt, be favorable to the view* of Austria, which power would be glad to have a pretext for a freth occupation of the legations. But will Krance cufler luch an occupation I Will ?ho not seek rather to prevent it, by forcing, i ai Casimir Poiier laid, the Pope to introduce into hit government " real and poaitive improvement!, of a nature to place the safety of the Holy See upon a more table foundation than that of a periodical repression We shall see whether ministers will this time lone sight j of the dignit; and interests of the country, and if it will forget what the most influential members of the Cabinet said in the debate which took place in the Chamber of Deputies respecting the evacuation of Ancano. Meanwhile the part which M. Rossi, the Krench Ambassador at Home, has to pliy. is most important under existing circumstances It is well know; that it is in the conclave that w ill open on the 11th mat., that the ambassadors of un-( athuiic poweia bring into action all their means in support of their influence, either seeking toiai?etothe Popedom a cardinal of their choice, or obtaining the exclusion ot one who might bo displeasing to their governments. It is said that the cardinal who has fie most chance of being elected Pope la Cardinal Fran7oni, a Oeneveie, born in 1775, and the present prefect of the Propaganda. He ia said to be a partisan of the Jesuit*. I From the London Globe.] Intelligence has been received from Rome of the 4th June. On that day the reinaina of the lato Pope, having been previotitly embalmed, were exposed to public view in the Sistine Chapel. The fortune left ny Oregory XVI. to his heirs amounts to two millions of Roman piastres. These accuunts represent that tranquility at that date prevailed at Rome ; but a letter from Leghorn, dated 8th Jime, (four days later,) atatea that the people bad assembled in tha streets of Rome, demanding the secularisation of the government, and that peace had not been restored until a collision, attended with much bloodshed had tak> n plaoe between the soldiers and the people. Oaetanina, the favorite Chamberlain of Oregory XVI., is said to have fled from Rome and to have sought refuse in Tu*cany. ForeJm Theatrical*. The following named actor* and actreeie* were petforming in the London theatre! at the lateat datei At Her M^ieity'* Theatre?Madame Griai, Hignor Labln-he, Ai|(nor Mario, Hignor FornaMri, Ma.lame < aatellan, Mile. Cerito, M. Venefra, MPariott, M. At. Leon, Meidlle*. Demiliate, Cauan, Mile. Louise Taglioni, Mile. Cerito, I Mesdllei. Jameii. Monorr. Lamourex and Jullen. At Theatre Royal, Ha) market ?Menri. Hudnon, Holi, BrinJnl, Bland, < aulAeld, Madame Anna Thillon, Ml** P. Morton, Mra. Canlfiald and Mn. Buckingham. At The- i atre Royal, Adeljihi?Meiira. Howe, Boyce, Selhy, Ryan, O. Smith, Paul Bedford and Wright; Madame Celeite, | Mra. Kitzwilliam, Mi** Woolgar, Mra. E. Varnold, Mia* ] | Chaplin and Mr*. F. Matthew* At Theatro Royal, Ljr- ] ceum?Ma**r*. F. Matthew*, Meadow*, Wigan, Emery, | Thurner. Kimoch, Rellingham. Keely, Vining.and Diddier; Mr*. Keeley, Ml** E Daly, Mr*. A. Wigan, Ml* , Arden. Ml** For?ter, Mi** Fairhrother. Mi** M. Keeley, , Ml** VilUr*. Mi** Howard, MUa Bromley, Ml** Laid law, and Mi** Grow. At rrincaea' Theatre?Mr- Maeraady, j 1 Mr. Wallack. II?rr Piachak, Mi?? Birch, and other artists. At Queen's Theatre?Maun. J. Parry, Hudspeth. Reeves, and Reneud , Misa Wrighten, Mr*. J. Parry, Miu C. Gibson. Pooirctti, the composer, ia now in a private aiy bun for the inaane, near Pari*. Jenny Lind. the great 8wedi*h songstress, is engaged at the Imperial Theatre of St Petersburg, at the rate of Xi.-iiO per month, oxclusive ofpreieuti. On the 16th May. a man, in the pit of the Royal Theatre t Vieuna, ahot himself in the middle of the performance, covering the persons immediately around him with his blood. The American tragedian. Mr. Forrest, took his farewell of the European theatres at the Cork theatre. llumour states that a marriage is on the tapii between Signor Mario and a ladv of distinguished family in Eugland, possessed of considerable fortune. A song, for the occasion of the Prince't visit to Liver pool, ii being written by O. Linncu* Banks, Esq., and will be i>et to music by Mr. John Yinning, the father of the Infant Sappho. The London papers are all in rapture* with the pianoforte playing of Madame PleyeL The African Roscius has met with a gratifying reception in Birmingham. The Infant Sappho has given concerts at Warrington and St. Helen's, which have been well attended. Several new pieces, written expressly for the new Adelphi theatre, will shortly be produced under the superintendence of Mr. W. J. Hammond. A dramatic version of the ballet of " Catarina" has been produced at the Adelphi theatre, London, with great success, the principal character being sustained by Madame Celeste, who plays the brigand lady with much picturesque energy. Mr. Anderson is playing at the Theatre Royal, and will soon visit the United States. The Misses Cushmau continue to draw crowded houses. They are now playing at the Theatre Royal, Adelphi. Mr Wilson is entertaining the Londoners with hit unique Scottish entertainments. The Ethiopian Serenaders nre daily adding to their popularity at St. James's theatre, London. They give day and evening entertainments. Markets. Lond*n Mosit Makket.?Since our last publication business has not been very active. The weather tins been extraordinarily fine?hotter than has been known for years past at the taini period, and a larger number of persons than usual have, therefore, taken advantage of the Whitsuntide holidays. As rnieht 1>e Rntu inate.r the market has not experienced any violent changes, and the event* that have ailVcted it have done so to only a limited extent. The discount houses lay they have less rail for money; but there i? no alteration in the ratei Consuls are ?hut, preparatory to the payment of the dividend, but thii itep produced no effect on the market. The arrival of the Britannia, with the news of the defeat of the Mexican! by the forces of the I'nited States, had the effect of depressing the funds neaily a qu irter per cent; but tho market has gradually recovered since, and is now firm, tho following being the qbotations Consols for the opening left off atSj1* to ex div.; Three per cents, reduced, 95} to Three and a Quarter per Cents, 97: Long Annuities, 10}; India Bonds, 01s. to 'J7s. pm ; and Exchequer Bills, 11*. to ISs p m. In the Koreign market the changcs have been in Portuguese and Mexican stock. In the former a decline of five percent, took place, owing to the insurrection in that conntrv, and the overthrow of what has been considered one of tlie strongest ministries known in Portugal; and the arrival of the accounts of the defeat of the Mexican* by the I'nited States, in two engagements, depressed the market for Mcxican Stock to some extent, tuough the market has, in some degree, recovered itself. Mexican for Money, and the Account wcro last done at 38} ; the Deferred, ltt| ; Portuguese Four per Cents, for Money and the Account, 49 ; Spanish Five per Cents. 24 ; and lor the Aocount, -J4J ; tho Three per Cents, for the Account, 37} ; Russian, 109} ; and Dutch Two and aHalf per Cents. 69j. Livkhpooi. Cottsn Maiikkt.?For the week ending June 12.?There i.? no change in prices this week ; und as it was well known beforehand that there must be a g;icat fulling off in the comparative stocks between this time and Inst year, theie is a slight disappointment among holder* that prices have not bad an upward tendency. Beyond this proved comparative deficiency, no feature of novelty or interest has presented itself. The steamer of the 1st may bo looked for to-morrow evening, and it is not unlikely that her accounts may give some further illustration of the probable extent of future sup plies. 3MM) American, and i.00 Smuts hnve been taken on speculation ; and 1000 Amorican. 300 Pernams, and 70 Maranhams for export. The sales to-day are about 4000 bags. The sales lor the week amount to 20,070 bales. >'?r week ending June Id.?There has been a moderate and steady demand for cotton since the 1'ith inst. The accounts, per the Britannia, showing an increase in the receipts at the American ports, caused holders to offer their stocks more lreely, and. in some instances, sales have been made at a concession of Jfd per lb. particularly the lower and middling qualities. The sales on Monday, the 16th instant, wero 5000 bags, all to the trade. On the 17th, OOcO bales were sold, among which were '2000 Kgyptians, chiefly at 5 V' to A%d ; a few as high as vi . Lir\f\ c i /J * - . ?aa o ?- ? -* ?- ?s '? ? * i u , 4VV i villains u-jU IV U-4U j OVA/ sural! Oil *0 OJjU ; HI1U American 4d to To-day the sale* reached 40lK) bales, including 200 for export. We cannot notice any quotable change in price*. The totil salei from the 19th till the 18th inclusive, amount to about 23.000 bales, of which speculator* and exporter* took a portion. Liverpool Cor* Taanic.?Since our lait publication thore hai been a good nupply of free wheat brought to market; and during the early part of the month, pricea declined 4.1 per 701b on wheat, and 1* per bbl on flour. Indian Com i* lower, having receded from li to 2s per quarter at our last market. With the exception of the latter, there was an improved demand for almost all the articles of the trade on the 16th instant. Influenced by the rise in London on the previous day, frcili qualities o t free wheat assumed rather more firmness than of late, with a moderate but not lively demand, and realized an advance of 2d to 3d per 701b upon the rates of that day week; inferior descriptions remaining wholly unimproved in value. Irish and duty paid Canadian Hour, being in good request, commanded an advance of la per sack anil Is per bbl. Holders of bonded wheat, requiring higher prices, no sales transpired ; of States flour, however, several further parcels have changed hands, New Orleans, Virginia, and Philadelphia at 21s to 2Is 6d, and Western at 23s to 23s 0d pur bbl.? H'iliner'i Timet June 19. unior fRirr or oraii*. H'hl. tlry. Oalt. Rye. Bm. Peat. Flor. May 2 56 J 29 8 ?3 7 32 5 31 It 33 10 0 0 May 9 46 8 29 7 23 9 33 5 35 8 3t 7 0 0 May 16 57 0 29 4 21 1 33 6 35 II 34 11 0 0 May 21 55 5 28 10 23 0 34 0 36 0 3t S 0 0 May 30 5] 4 28 i 23 9 33 4 3* 10 31 2 0 0 June 6 43 10 27 8 23 4 32 10 35 10 31 10 0 0 ? 3 28 11 23 I 33 2 35 6 31 6 0 DProd?prFi{n \ 1T 0 90 50 96 7 6 8 6 10 25* Do. on Canadian. 10 2 0 6 0 1 0 0 6 0 6 07M Do. other Br. CI. 40 200 6 10 0606 25 Lokdo* Cor* Trapk?Since the sailing of the last Boston steamer the grain trade has been without much animation : few transactions have taken place, as both holders and purchasers have acted with caution, pending the decision of the House of Lords on the corn bill The supplies of free wheat have been only to a moderate ex iem. a uoucr ucuinuu iih ihicij i|irunf up. ACCOraingljr on Monday l??t, the 15th instant, prices advanced from 2s to 3? , and, in some instances, 4i par quarter.? Flour meets a ready sale, but the value is unimproved : en the 17th no advance could be obtained. Bonded wheat was held for low rates, but the demand is almost delusively confined to low descriptions for exportation. ? fVilner't Timet, Jutit 19. London Mabkkt.?June 18.?Hides?At a public sale held a few days ago, a considerable quantity were oflere l. and disposed ol at steady rates; no American included in the lots sold. Hops?The accounts come to hand from the plantations since our last report having been favorable for the vir*e, caused a falling off in the demand for all kinds of hops, and to dispose of even small parcels, factors have been compelled to submit to a reduction on former rates of l>t. to 8s perewt There is every prospect that the production of hops will be large, ana the quality generally fine this season, that is as apSearances are at present. Metals?We have had a good emand for ail kinds of iron since our last report, and as soon as the railway bills receive the royal assent, which have been passed by the committees in parliament, higher prices are expec ted to be the result. The number of miles to be passed this session is expected to reach about 4000. and when it is taken into consideration that the stocks are unusually light throughout the country, it is difficult to arrive at any other conclusion than that we shall soon be on a higher range of prices. The prospect of an early and a splendid harvest will no doubt benefit the general trade of the country, an event which cannot happen without creating an additional demand for all kinds ef iron. Prices lor Hootch pig may be quoted from 68s. to 70s.; Welch pig 85s. to 110*.; Welch bars in Wales ?8 10s ; railway bars ?10 to ?10 10 ? Naval Stores?An extensive demiind has prevailed for Spirits of Turpentine, and prices are firmer, talcs linving been made at 4()? to 41s. per cwt ; rough, however, has met with little attention, but 8s. 6d. to !>s. per cwt . are the rates insisted upon Tar has been sold to a fair extent ; Stockholm at 15s Od. to 16s., and Archangel at 17s. to 17a. 6d. per barrel. Provisions?New Iristi Butter is little wanted, and further reduced rates have been submitted to, ?till only small parcels have been disposed of at 76s.to80s; the consumption is yet interfered with by other kinds, and which are still lower than Irish Dutch his been in excellent request, and the supply not having been so large, an advance in the value hat'taken place, the flnest bringing 81s, and inferior sorts Ms. to 76s per cwt, upon which terms the market has been nearly cleared, and the consumption continues to he largo. English h? been in tfood demand, and price* are firmer, j Dorset selling at Sis. to 90s , Devon 7fls. to 83s per cwt., I and fresh at 8e. to Us. per dozen pounds. There has been a brisk demand for Bacon, anil further advanced rates have been obtained lor all kinds : but choice and small meat met with the most attention, heavy sorts have been selling at 4fl?. to Ms, snd small meat at 53?. to 56a. tier cw t.; on board severnl contracts have been entured into at advanced rates ; 49s. to A7s prr cwt. being paid, according to quality and cure. Middles have been in good demand, and quotations are on the advance, bale aelung at 48a to 60s, and tierces 4?s to Sis In hams extensive purchases have been made, and advanced rates have been paid ; Irish, according to quality, felling at 58s. to 70s.; American41a. to 5?s. ?"><1 Westphalia 53s to 5*s. In the vHlue of lard little variation has taken place, but the demand haa been limited for all sorts?Waterford bladdered is to be obtained at 58?. to 6Js, Belfast 54a. to 58s., firkin end keg 40s to 44. and American 34s. to 40s. Barrelled beef and pork met with a better demand, and brought suffer prices The rates previously established for English cheese are sustained, and fine sorts have been In good demand, but inferior are little wanted at present. In foreign a fair business has been transacted, and at present there is not a large supply?we quote Kdam at 38s. to 40s, (Jouda at 34a. to 44s., Kanter 99a. to 9As, end American 44s to 54 per cwt. Rice?There has been an excellent demand for all descriptions since onr last report and prices, in some in utMicei, hare aavancci uio?c mm .]uoie<i ; mil ine Keneral impre??ion ii, thdt thev have ?ccn their higheit point at pre?ent. In cleaned there )ia< not been much naming ; bnt Carolina is held lor 24*. to 3??., and Pat na lae.toW I,i?*arooi. MaaaaTt, Juna 10.?Aihea?A moderate demand continual to t>? experienced, and prlcei remain tha tame. Iron?During the last fortnight no alteration of aar moment kta taken plaoa U tfc? Iron tra<la, prices remah ?U?qni*al nmmw bar t?aa 4*l?a(o 4* I lis, sheet 411 10* to ?19; Scotch pi* ?i to ?* 3* 6J. and no immediate variation 'in these prl-os In the pratent position of affairs can reasonably ba expected. Tlia home trade for tba season ot tha year is derw'edly brink, arising from tba order* in progresa in the bands of tha large consumer*. The trade, generally, may be considered in a hupefnl and healthy itate. Great anxiety la now being eviucad amongst the railway contractor* a* to the possibility of obtaining labor for all the different railw ay* and public work* now projected, a large number of which will certainly be carried into effect. The immediate tendency appear* to be a considerable advance in the rate of wagea? a diminution, socially and politically, in the power of capitaliits, and a corresponding addition of power to the mechanic and laborer. Tha adoption of free trade principle*, to which this country i* now inevitably committed, will dioiiniih the power or the great landed proprietor* here materially, and tend to a general fraternization, but we can only see in thia accelerated progress, improvement and univenal pear*. Oil?The sales for the several description* are very mall, and we have only to notice 3d) tons palm, whicu was disposed of at the varv satisfactory piiceol (30 per ton. American Previsions?Since the sailing of the last steamer our produce market has remained very quiet, the arrivaia, especially from tha United State*, being unusually large, and the diipoaition on the part of the buyers for any extensive transactions being still checked by the pressure of large stocks and the advancing value of money. Beef continues to arrive so very freely as to considerably exceed the demand, so that stocks are increasing, and thn tendency of piices is still downwards ; there hare been few transactions during the i<a?t fortnight. For poik we have no demand, except in low qualities, . which are wanted for export Bacon middle* are wanted. and would meet a readv sale. No transaction* at present in ham*. Lard has not (old quite ?o freely, ow lug to the extreme beat of the wuatlier. No cheese whatever in the market; the prospect for the Arat arrival* it Rood Grease butter in wanted, and will command a ready sale at 40* to 4??. Rice -The supposed lailtir* in the coming potato crop haa caused a considerable amount of business to be transacted; the sales are extensive, amounting from 16 000 to 30,000 hag*. which brought good, and, in aome instance!, much improved pricea?low descriptions Bengal at 9* 8d., middling 10*. to lis.; fine white 11a. tfd. to lis; broken haa been cold at Us. to 11a. per cwt. Salt ? Thero is a steady demand for aalt, mora particularly in common, in which there i* a furtner decline, aud we now make our quotations as follows.?Bent tine stoved for bags. 14a to 10s per ton ; ditto handed lump*, 14s Od to Us ; ditto ihute lump*, 13a 6d to 13s ; marine anil butter, 10* tid ; common fishery, 8a to Us fld River freight. 3* ; dock and town dues, Od uer ton. Tobacco ? The axle* lince the beginning of the month are about 600 4lulu , consisting partly of Western leaf and strip*, with a few Virginia stemmed ; the former taken by tne trade, the latter for Ireland. Price* remain unchanged. All ileicriptions are. however, easier, except Virginia*, which are firm. Wool?There has been very little doing in consequence of -he near approach of our public sales, which take place next week, when a large attendance of the tiado is cxpectod ; and should the expectations as ro the paising of the c*rn bill bo realised, it will, no doubt, have a faverable influence on the sale*.. In price*, generally, there i* no alteration to notice. The accounts from the German fain, now progrosiing, quote a considerable reduction from the prices of last year, which will efl'ect the value of all fine wools, including the better qualitie* of United S'ato*. Of thi* description there is very little left in the market?//ugAtt and Ronald. CoNTincnTAL MiRKTi.?There i* little of intereit parsing in the Daniig market; prices coutinua to be supported, an>l about luO lasts wheat changed hands at our last quotations at 4Is to 46s per quarter for good mixed qualities. The greater part of the late purchases nre shipping to Holland, wkere apprehensions are felt of a failure in the rje and potato crop*. The supplies from the provinces of Poland continue extiomcly small.? The Stettin market has been rather firmer since last report, owing to small supplies and better accounts from Holland. Prices aro the same as last quoted, 4 Is to 46* per quarter, f. o. b., for good and fine wheat, but the busl ness is limited infthe extreme. The wheat trade in Ham { burgh is much in the same position. A few thousand quarters changed binds during the week at about former ! ju ices ; say 4bs to 47s for best 6-J>* lbs, aud 42s to 44s for 60>, to tiy3 lbs quality : no sales from out ports At Brej men tho market continues firm fur all descriptions of 1 grain. 60lbs wheat has been bought for Dutch account, at equal to 4<>s to 46* pur quarter f. o b. Rve is in very lively demand, and large transactions have been made for delivery from Archangel. White pea* arc firmly held at 32s per quarter f o. b. Accounts from Odessa, state that the business in wheat has been limited since last post; only about 3000 chetwerts sold at former prices, say *J6s to 30s per quarter for good and prime wheat. The arrivals from the interior are almost all coming in very damp; but the sun, which has been very burning lately will soon impYovc their condition Indian corn, of which soma quantity hat lately arrivad, is obtainable at about 16s per quarter f o. b. Freights are rather looking up, but tho demand is still very languid. Statk ok Trade is tiu ma!?tf*etubi!?u Districts Although the reports from the manufacturing districts , of Kugfand, for the week ending June IS, were rather of a discouraging character, we are enabled to say that I at present, influenced, no doubt, by the certainty of the I Corn Bill passing into a law, the trade i*. on the whole, in a healthy condition;and although the amount of busi| nest transacted at the latest markets has not been of an extensive character, yet hopes are still entertain! ed of improved business, so soon as the ministerial measures of commercial reform have received the royal as( sent. Our correspondent from HuddcrsfieM, in his letter dated June 16, says, we have had a fair market to-day for the season, and there has boen an abundant thow of foods. Amongst the manufacturers of the district about kelmanthor|ie and Clayton West, there is considerable ; activity to complete American and othor foreign order*, i At Manchester, on the same day, the market presented no new feature. The continued delay in the passiag of : the Corn Bill, and the near approach of Midsummer, I when business is partially suspended for the purpose of stock-taking, both tend to limit business; and traosac: tions, whether in good* or yarn, have been only to moderate extent. Price*, however, are generally Arm. Krom I.eedt wo have reports to the 16th instant inclusive; the market there presented no new feature, and no alteration eitherfor the better or worse had taken place The market held at Rochdale on the lftth instant wa* very qui.t; fefc pieces were sold, and there wa* very ; little doing in wool, with do change in price.?bivtrpool 7\mei, June 19. Havre, judo 16?Cottons.?Within the lift week there has been a quick succession of arrival* from the United Stale*, which have added considerably to the amount o! our stock, but as it wn anticipated this would occur aa loon a? a change of wind took place, the lituation of our market haa not yet been materially sffected by it Buiineu has remained in the same inactive state that distinfuished it at the close of our last report, the demand haa ecn daily very languid, and dealers from the trade have operated sparingly, their purchases being merely from hand to mouth, and confined almost exclusively to American fair descriptions, which, from their scarcity. are very firm, whilst inferior grades, from their abun lance, tnd their being so little sought after, hive rather Jownward aspect than otherwise. If af-er the landing of the cargoes now in port, holders should evince a preeI sure to realise, and submit to lower terms, it is not improbable that some extensive buying will take place; this will, however, mainly depend on the nature of the advices by the Britannia steamer of the 1st instant, daily expected to arrive; but the still unsettled state of the itnKrtant measures under consideration in the British Parment, contributes in no small degree to restrict commercial transactions on both sides of the channel, and uoi iess they are satisfactorily disposed of, things are not likely to undergo any change botdering upon improvement, for some lap?e of time. The following were the sales effected, viz: 21-18 bale* 64 a 106f; uie viebile 61 a M; 1461 Upland 60 a 77; 19 Sea Island 210; 71 Peruvian 72 60: 10 Pernambuco M 60; f> Cayenne 101; 100 Cumana 72 60. The import* during the same period amount to 31,396 bales. Ashes?The same want of spirit continued to pervade our market that we before noticed, the sales consisting of only 130 hbli American Potash, first brands, 1846, deliverable in July an I August, at 3-lf 26 to 34 60 per 60 kil, duty (Mf 26) paid, l'earlash has been negleoted, and we therefor* quote it as before at (30 60, for home use t he Utioa and Albanv, from New York, bad on board 101 bbls. Pot and 293 bbls. Pearl. Flour ?American Klour is without inquiry, and we quote it at f 2* 60 to 30 per bbl in bend. The Albany and Sylvia de Orasse had on board 700 bbls. Rice ?Scarcely anything haa been done this week in I Carolina Rico, only 86 tierces having found buyers at f 91 tn 9K AA in t-:l J..t~ " ? ?"? " n ^ I - -- -- ? c-? ?i?.. iiui/ v i p?ia uur litre mo quotation! are f 33 to 38 The Versailles, from Charleston. ami Sylvia de Orasse, from New York, arrived with 353 tiercel. We hare alio received 3-IJ4 b igs from Calcutta Tallow, fcc.?A lot of 83 casks New Orleans Tallow, to arrive, waa told at f53 74, per AO kit, duty paid. Ruuia Tallow i< at present quite neglected. A sale of 34 casks, new. to arrive in the three last month* of the rear, wai made at fOO >8 We have received 10 I casks from New Orleans, and 33J barrel* Lard from New York. Whalebone.?There ha* been a very limi'ed inquiry in this arti le, but price* neverthel*** continue to I advance. 'I h? sale* amount to only 4 torn northwestern fishery at f 3 47X to 3 84 i>er half kil, for ron-umption. We quo'e Southern at t 3 AO to 36l)i A supply o( 87J bundle* was received from New t ork, and 36 bundle* were im}iorted in one of our whaler*. Mtock on baud 180 ton* against 76 ton* lait year. The Crs>?*?, The Cincinnati Ctmmrrrnl of the 30th alt. lay* :?The heavy and incesipnt rains of yeatenlay, we fear, have done mui-h damage to the crop* ; harvesting will be greatly retarded. The 11cvelnnd (Ohio) HrrmH of the 80th nit. eav* i ? The (iiltry, rhowery Veether I* very antavorahle for rU penlng wheat in thia eertion, and we learn that within a 1 few day* the rmt ha* appeared very generally in tha fields In most case* the *'raw is Just taming yellow in ripening, and tho?e who know what ia best from experience in such matter*, recommend that no time be lost ia cutting the wheat *trock with ru*t, even If the berry la not out of the milk. If luflerei to Hand until fully ripe, the crop Jvlll he greatly injured if not entire!? lo*t, where** by immediate cutting and curiag but alight loea from rust will be (uitained. A friend Just in from the Rock and Fox River region, inform* the Chicago Journal that the heavr rains have done serious injury to some fields of wheat, having prostrated the grain, so that it iJ doubtful whether it can be harvested. In the main, however, th? wheat ha* bora* up against the deluge, and a few day* of fine weather will set all right again Aside from thi* late raja, the crop* in northern Illinois never looked so well. The corn crop appear* in a high degree promising, though late. The Qiunry fVkig of the 34th, notice* that several of the farmers in the neighborhood of Quincy hare commenced cutting their wheat. It waa thought that by tba end of the week a large share of the wheat crop would be lecured in that connty. The yield wa* folly up to th* expectation of the farmer The Ric\m?nd Tim?? of the 8d in*t. *ay* :?The Incessant rain* have destroyed a large portion of the wheat crop, and no opportunity having been afforded to work the corn, it i* besieged with grass and weed*. Personal Movrnifati. Albert Pike, the poet, i**aid to be captain of a company of Flying Artillery, from Arkanaaa, bound to Mexico. Or. and Mr*. Judaon (Fanny Forresterl together with ivcr. mcftBrn. normin nuiw ww ? nowiu?r, their wives, and Mi<* Lydia Lillybridge, an aoiitant teacher, leave Boaton thii weak, la the ihlp franeuil Hall, direct for Maulmain, in Burmah. Tho Oration before the Phi Beta Kappa of Union roU lege, l? to be delivered July 4lst, by A. VV. Bradford, ^Ihtla Ul* P?*"1 ^ 3 *

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