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Mississippi Democrat
Carrollton, Carroll County, Mississippi
What is this article about?
London papers via ship Garrick report rising cotton trade prices, British Tory anger over Clay's US election defeat, French criticism of Polk's win and Capt. Hunt's actions in Society Islands, anticipated reductions in cotton/tobacco duties and malt tax, and US minister Everett's imminent return home.
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The ship Garrick, at New York, brought London papers to 12th ult.
The commercial quotations show a continued increase in the cotton trade, with a slight increase of price.
The result of the late Presidential election in this country continues to be the subject of interminable remark in the British journals--the leading tory journals continuing as lachrymose and angry at the defeat of Clay as they were upon the first receipt of the intelligence.
Political news is of little importance. The French papers continue to comment on the election of Mr. Polk--some, pretty severely. They are also making fresh stir regarding the conduct of a certain Capt. Hunt, at the Society islands.
The correspondent of the Journal of Commerce says:
"Manufacturers are querulous for a reduction of the duty on cotton--it will be effected, and undoubtedly made merely nominal. It is their only hope of supplying at a profit the markets of the East. Duties upon tobacco will, perhaps, also be abated: and many agriculturists are contending for a withdrawal of the malt tax."
Mr. Everett, the American minister, was soon to return home.
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Foreign News Details
Primary Location
London
Event Date
12th Ult.
Key Persons
Outcome
continued increase in cotton trade prices; british tory journals angry at clay's defeat; anticipated reduction of cotton duty to nominal, possible abatement on tobacco duties, contention for malt tax withdrawal; everett to return home.
Event Details
London papers report commercial rise in cotton trade; British journals extensively remark on US presidential election with Tory anger at Clay's defeat; French papers severely comment on Polk's election and stir over Capt. Hunt's conduct at Society Islands; manufacturers seek cotton duty reduction for Eastern markets, possible tobacco duty abatement, and malt tax withdrawal; US minister Everett soon returning home.