728853-1846-15-Aug-1846 — Page 4

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THE FRIEND OF CHINA AND HONGKONG GAZETTE.

ticed à chiefly from the perception of its abstract in-

which has sprung up, between Air Webster and justice capable of being exemplified more dange his friends on one side, and Alr lagersoll, Mr Dic roos to the professions

innocentkinson, and their friends, on the other side, in bath individual than where as m

ent case the re-

houses

and on the heart o

COMMERCIAL INTELLIGENCE. CALCUTTA OPIUM SALE. By the Dida armonog have been received from Calcutta to the 4ther

putation of the Officer, absurdly entangled by nome, This passage, and the war of words upon it, hisly. The Opium Sale erine off on the 1st, and

The Precursor arrived on the But noon of the Frd, discourging her mails into the post office simulta-

LICEO suficient quarantee bence sook to the operations Lilled and wounded.

tm of the brass guns taken

Feet 14-8 inch long

do 34 do. do. 70 do do, 8 do da

Brass gone. Besiderthenbove aken varying from 13 poun: pounders Straits Times August 1.

ENERAL SUMMARY

neously with the arriv

Carrival of the Bombay express. The commercial news she bangs will have a ten- dency to render our tangy market easier, especially a they have been accompanied by remittances though not of great arapunt

Yesterday morning we had the heaviest fall of rain the season has yet exhibited the city continued wrapped for nearly two hours in a Scotch mist Through which eren Government House was not perceptible from Tunk Square-Querland Calcutta Star, July 7.

PROBABLE SU PEASION OF SPECIE PAYMENTS, According to all appearances it seems to be highly probable that the banks here, and throughout the country, will suspend specie payment in a short timo, probably before or after the middle of summer, 11 well known that the Wall street journals, live and exist in the confidence of the banks in that street, and that the sentiments which they put forth, and the purposes which they revoal, come from the bank parlors of the various institutions in that quarter. Since the sub-treasury bill passed the House of Representatives by a large vote, making incumbent on the government to collect all its dues and customs in gold and silver, there has been a considerable effa rescence, and a great amount of feeling among the banking institutions; and this has escaped by the usual safety valve, by their organs in Woll street, and throughout the country, By the same journals, it is now said that the sub- resory bill will pass the Senate, in the same shape in which it passed the House. If this be correct-- and the banks and newspapers would not promul gate such facts, if they were not true - we may ex pert, in the course of the surumer, as a matter of necessity, the gradual and final suspension of spece payment by the banks in New York, and throughout the country.

s scarcely out of the river having heband beadrave believe for Gov. chi, that we find ourselves called on make up and her budget of news for English This Egyptian asking us to make bricks them giving the straw is a post-office imposition, results of which we trust will by the baldness of he mannfæture excite some sympathy for us at liome, god through that medium effect soma reform. There is nothing of any consequence froin Lahore, the o meligcoce come to hand being contained in The news letter of the Mofussilue, to be found in su- other column The Moolan aegotiations continue, Prog (the Commander in Chief) being appoint ed by the Durbar to supervise

npervise the. It would seem thai Dewan Moolraj's latest prourcol proposes that he should abide by the terms suggested by the for. mer Wuzeer. Jawahir Singh; that it admits those terins make him a debtor to the amount of 21 lakhs of rupees which is offered to pay off by instalments; that on the plea of the Dewan's good faith and sin cerny it calls on the Durbar to stay its military pre- parations, and that as to the cavil

vindi supremacy cated by the Durbar in direct civil appointments in

The operation by which the now condition of Monkan, the Dewan declined acceding to such a

financial affairs may be brought about is very ap of his loyalty and homage. nnufestation

An approliension will prevail among the parent. It is easy to see that such negotiations are pre-banking institutions and the depositors that the go fectly hollow, and will extend over an unlimited varnment, as soon as the law pass the Sonate, will

period if events in other quarters do not compel the arties to change words for deeds, either by streng The fog the hands of the Wazee or by introducing the intervention of a third party.

The disputes s with the Agent about the payment farroars to the Asen troops seem to have ended in referring the matter entirely to Major Macgregor; the paymaster of the forces, and the Treasurer hav ing received orders to afford that officer every ex- plouation and information necessary to a clear un derstanding of the difficulties which lie in the way of settlement.

carry that law into immediate effect, by demanding all bank deposits, dnes and customs, to be pali ta gold and silver. The friends of the banks will therefore, take me by the fuelcck, and in the

ratio na this demand will mcrease, the banks wil diminish their specie. In this state of things, the goverment itself will naturally take alarm; snd so there will be a grural rush for specie, by the government, the private deposturs, and the bill holders. Now, it is well known that a conecni- rence in such a rust, by dee three interests we refer to, would produce a suspension in half a day. is Tery true that the hooks all profess to pay specie on demand to all den, citors and bill holder-; but is well known that this has not ony truth in prace

It

demand is a sort of scientific lan, which is not beface ved pony of those who have a practical cherience Huong those various interests.

The confiscation of the jagheers granted by Run jeet Singh, under orders from the present Minister is another fertile source of complaint, and the incum beats now holding those ficfs threaten an united appentice; in fret, the winle theory of payment on to the British authorities against what they term the avarice of the Durbar. Tumiks continue to obtain an one spot and another. The Yusenofzaie tribes in The Peshawur district having the old grievance)

Believing, therefore, from all these high sources declined to pay the revenue from the lands. Shere of information, and the Elons ptzl forth i øding us Singh despatched troops against them under the le andripute suspension among the backs, it is Command of Goordut Singh. According to the full time for the community to take the malter in fofussilite, two battles had alrondy taken placehund, and refleet wit to do in uncination of Buch without any decisive result and additional reinforce- Tents were ordered to the aid of Goonint Sigh According to the Delhi Guzelle, Ursalla Khan, the Yussufzale leader, is in very considerable force, and though nothing is said about actual collision the re- ports of further despatch of succours to the Sirkar troops are confirmed.

An article on the late campaign which appeared in the Friend of India professing to give a con nous and authentic account of occurrences, still the theme of rhetoric and remark at tea-table and club, to the journalist as to the member of Parlie ment has been the means of eliciting authenticated pourounications to the papers here, revealing fiets, agularly hostile to the opinions so freely lavished elsewhere upon the generalship displayed upon the fields of Mondkee and Ferozesbahr. One of these preces justificatifs, will be found in another column, Accompanied by the remarks made on it by the Cal Full Star Where emple justice has been done to the valour which rescued victory, there is also ample room left for investigations instituted with the express purpose if establishing the truth, without incurring misconception of the object animating the investi-

sion to write at some length in a deying hat och

lech by with former issue, on the eul induõệc (_1VF 1oding Courts Maris cu reported cases of misconduct dur or the hte war the most range rumours regard. ing which obtained circulation through the country, we cannot but advert once more to the subjsot, in consequence of the absurd misapplications that have found dhar way to England in reference to the in- irstorie 1 js uer possible for your

try me the resolute inattention sif incs to these reports, 10:010 out se or true as we

quauce

erted

ARLY

a crisis. In quiet and peaceable times, when great confidence exists between man alanan, bars ha ve no trouble; grow profils enable them to raise money, and a variety of circumstances tend to give them the appearance of prosperity. In war or revo- lulonury time, they are, comparatively, a broken reed uiterly worthless, and leur people into error and confusion. Since the great reralsion of 1947, banking in this country has never attained the same power-pince that ran upon the banks, it necessarily had its effect upon the great commercial interest, and a mujority are trading upon their own capital; in fact, the best interests in the country have so perated themselves from the backs during the last few years and nothing but this artificial secanity in relation to capital has sustained this system of stock-jobbing during the last few

years,

It is probable they are approaching the crisis now anticipated by the Wall street journals and the bank It will be first brought about by the action of the sub treasury bill, which, when carried out, will drive all the banking institutions out of existence. The great and subd interests of the country ale beyond their reach, and care fothing about their full New-York Helly Herald, April 18.

WAR AT LAST.

A length it may be said that the war brae.com. menced begun between the United States and Mexico-but where it will end no one can tell. We refer our readers të the important news in this day's paper, received last evening from the South, which threw the city into a deep excitement.

It we now probable that the government of Par edes will call for the ad, mediation or Interference of France and England. This will be the firs

first attempt in Norih amesica, like that now going on in South America, by those two powers to interfero, and probably attempt to rela) pli Käinönarchy an Alexico and puiduisit erpublicas, IOVS

į

|

We

probably more meaning, and is intended to produce a more important influence on succreding events, than people may be at first apt to imagine. have given, in another column, some singular dere- lopements, procured by our correspondent at Wash ington, relative to this matter, which we have not acen anded to in any of the debates in Congress, and which will undoubtedly give a new direction to this extraosdinary episode, m both househof Congress,

[

It appears that the friends of Mr Webster Ares charging Mr Ingersoll and his associates in the developements that he has marte relative to the Ashburton treaty, with having formed a conspiracy to destroy this distinguished man, and prevent his usefulness as Senator in Congress, on the pending important matters, both foreign and domestic. will be recollected that this episode originated in a speech made by Mr Ingersoll in the House, in which certain charges were preferred against Mr Webster, connected with his conduct on the Ash burton argociation and the cuse of McLeod. These charges were repented by Mir Dickinson in the Senato, and on Monday last Mr Webster commen ced his reply-a reply which has astonished the whole conuiry, and which is said by his friends to annihilate his antagonists. Togersoll now comes forward to the House, and calls for several

papers, letters and other documents, in the Department of State, in order to sustain his charges, which motion has been sanctioned by the House-all of which has produced a feeling of bitterness and excitement that may lead to various other matters and devel- opements hereafter.

A great curiosity has been formed, to know what the nature of the charges against Mr Webster may be; and our Washington entrespondent, for the first time, discloses what their character is expected to he.

It appears that there is rariety of correspon deare in the State department, showing that Mr. Webster used the secret service money for the pur during the McLead trial, and that one of the agers pose of "regulating" the press on the frontier,

was a Mr Smith, formerly a member of Congress, This movement is called corruption, abomination, and everything that is bad; but it remains to be seen whether it is not and has not been, a malter

press

is a matter at which both

of common use, by both parties, for years post parties have tried their hand; and the starling de "Regulating" the

velopements which are now to be brought forward rivalled by those which may be brought forth in nginte the purity of Mr Webster, may at last be

regard to the annexaion of Texas. We should like North-eastern Territory and Texas-revealed to to see the secrets of both negotiations that of the

extraordinary developements, that are going-be- the whole world. We have not much faith in these

like a volcano, in the political world. fore they are known-to blow up men and things,

ces of the drug passed off somewhat higher than previously expected. We annexed the result of the

Sale:--

Highest. Los EPL.

1,080

Awmm, 1,105-13 1,006 100

Cheat. Patna 8,416 1,155 Benares 1,552 1,070 1,040

After the sale had terminated the price of the shap got op: Patna 1,150 and Henares 1,006).

On the 3rd July the Red Rover and Poppear Firm On the 5th the Dido passed the Fire Qu ca off Kedgerre.

The proceeds of the Sale amounted to for Para Rs 37,77,470 and for Benares Re 16,38,655

Block old Patna...

new do.

old Benares Daw do

IS 5.334

1-82

7,281

Totul Chest in Co.'s Godown

(Straits Times, August 1.)

CALCUTTA, 7th July 1846. THE MONEY MARKET.Continues tight, but is rather easier as to trawsactions; supplies having tên tained from the upper provinces, from China, Esa. bay, and the Straits, also from England; and consi. derable remittances are immediately expected; the bills of the Court of Directors on this Goverburest, by the second mail which arrived here on the 3rd instant amount only to Co. Rs 5,50,000 which shews clearly that at 1s 1d per Rupee the Court is unable to obtain funds. The Bengal Bank has declared payment on the operations of the past half year t the rate of Re 13 6 per cent per annum, or Ca. Rs 267.8 per share; a larger dividend than ever before made, and which, exceeding the highest legal in. terest, has been wrang from the distress of the country.

of the 2

EXCHANGE MARKET. Transactions to consi derable extent in bills at 10 months date oblained for dispatch by the mails

and 3d instant, at our last reported rates of 2s 28 to Os 21d per

should the money market be at all easier, the ex- rupee: which may be considered still the ruling rates but as remutable capital has accumulated

change may decline-we report at the quotations in our Ret

Treasury Bills, at 30 days sight according to a-

mount at 2s Old to 28 03d per Oo Rupee. Navy Bills at 3 days sight at 28 Old to 2s Old per

Go Rhinee

Bank ditto unt 30 and 00 days sight at 28 0μd to 2s

d per Co. Rupee.

Union Bank Bills, at 3 days to 6 months eight at Is

1130 to 2s Old per Co. Rupec, Agri Bank Bills, i siglt to 0 months sight, for suis nit under £21 to above £500, at ls 1!d to 2s 0,1 per Co. Rupee.

Oriental Bank dillo, et sight to 6 months sight, at

1s 11 to 28 Old par Co. Rupsc. Private Drifts against shipments at 6 months sight to 10 months daten 2s 2d at za 2fd per Co. Re

Agency on London Correspondents at 30 days to di monthe sight, according to mount, at 2s Dad to 2s 2 per Co. Kupee.

Agency Drafis for femittances at 6 months sight, according to the report of the Chamber of Com. merce in the past week have averaged at 23 241 per C, Rupee. — Overland Calcuna Star, July 7.

The relation expected in answer to Mr Inger. soll's resolation, may be likened to those recently brought forward by McKenzie, exposing the secret tactics of Mr Van Buren and his party in this conuiry for many years past. The developements will be an agreeable subject of debate, and an tereating topic of discussion. It will relieve the dryness and solemnity that have prevailed in Conse gress on the Oregon and sub-treasury questions, and on the claim of Jahn Mefutosh, for a borse losi in the service of the United States. The secret Tea-Two public sales have been held this handgement by which Mr Webeler" conducted The week, both of which went off with spirit without Asebtriton negotiation so successfully, and settled much attention from previous sales. The follow the MeLeed difficulty su easily in this State, willing ore the particulars: Teas por ship Montauk, be good for a study in chemistry, in all future time sold by L., M. Hoffman & Co., on six months cro Nor will the tactics adopted for the annexation of de. Hysan-510 lb bas $1.02 per t 10 hf chests 95 Texas, the private correspondence, Recret move cts; 25 do, 95), 39 chesis 61 360 13th boxes 56. mants, the money malters, and all, be a subject Young Lysno -28 haft chests 82, 27 do. 81; 28 unfit to stand side by side with the Ashburton do. 76, 70 do 641; 114 do 65; 56 do 64); 33 do negotiation. Weshould like to know the whole; 63, 13 do 554; 30 do 5, 543 do 521; 107 do 52; and while Mr Ingere has his fingers in the fee, 03 do 51, 10 dn 503-151 do 49; 72 do 484; 223 and is bringing to light the secrets of the Ashburton do 48; 91 do 46); 119 do 45); 159 do 45; 92 do treaty, we hope some dne will bring forth the secrets. 44; 10 do 421 145 do 47; 162 do 42; 164 do 42; of the other movements and negotiations. We 82 do 41: 117 do 11 15 do 4 212 do 40; 295 ought to have no secrets in this country,

dv 32130da39) 332 de 38; 204 do 371; 30 do 37; 10 do 36); 37 do 36; 24 do 35); 65 do 94;2 cases 131b boxes 94, 100 do 90-(299 half chests 6 casca

evenis,

This matter, however, begins to have a singulur aspect, and may have no important bearing on gou question, by Megular concurence of great political movements hereafter. On the Orc- Mr Webster, Callun, and Mr Benton seems to be all vor of 40-all embarked in the same cantine. Mow Mr Calhoun and Mr Benton have hitherto been powerfi men in the democratic party; if therefore, a revelation if the secrets and private acts-acts leading to the Ashburton nego stion-would sink Mr Webster in public estirant on on the Northeastern boundary, might they not help to sink the boat that now contains all these three statesmen, on the latitude of 49, on the Northwestern boundary? The investigating the conduct of Mr webster, in this matter, may then have an import- ant bearing on pending questions, and particular the Oregon question, and on men and their post tions, in Washington and throughout

opinber regard menol the pre

81,05 drawn). Gunpowder-5 h chests

17 do 95 cte, 10 do 6), 132 do 58; 85 do 57 41 do 57, 104 do 50, 93 do 56, 154 do 551; 6 do 55: 85 do 544 47 do 50 171 do 533; 750 15lb x 36 to 40 1675 610 do 331 to 47; 280 Casca canisters 43 to 76 25 do 131b bxs $1,20.

per ship John Quincy Adoms, from Canton Terms 6 months.

Hyson 450 131b boxes 52c per lh; 250 do 50, Young Hyson-20 half chests 60: 11 do 05: 19 do 604 52 do 60, 140 do 57; 119 do 55), 163 do 55, 87 do 491, 67 do 46; 197 do 55; 494 do 45; 123 do 44, 138 do 444 240 do 434; 398 de 48; 123 du 421; 158 do 12, 120 do 411; 55 do 41 370 do 101, 876 do 140, 38 do 391; 251 do 39; 50 Hysom 30-10 hell chests 60c; 20 do 59; 5 da do 36 40 do 32 21 do withdrawn.

and chests 42, 13 chests 41, 16 do 40; 6 do 35 ; 14 do 331 6 do 32; 10 do 291; 20 do 29, 14 do 271 85 do 27, 14 do 254; 26 do withdrawn,

Tankay-248 halfchets 20c; 1.10 do 284, 318 do withdrew such

Any of the extraordinary rules of Vices of the creat

day. We do not believe that tretër dhe angels in th enth

Gunpowder-70 half chests 44 cents; 500 6lb boxes 481] 150 cases Lib cannisters 47 850 131b baxes, 350 61 do and 143 osses withdraw

Imperial 20 balf cheste 526123 do 50; 87 do 50 260 6lb boxes 441, 600 1815 boxes 410 6le do

Oolong 50 boxes 19, 110 do 49: 120 do hall Cheets 80,

Gold Oolong

ball chests 26: 29 do with

Powcherp 50 half cheats 311, 50 do 95 ; 20 de 1

Chests 30 cts, 35 do and

Luxus, 25 60 do 25; 200

Ochong – 120 balf chess 220; 10

ures 16 15 che 911 502 dry

yon withdrawn — Weshly Couster and New- York Enquirer And 12.