Camden gazette and mercantile advertiser. (Camden, S.C.) 1818-1822, June 24, 1819, Image 2
of silk performed this function: in
aucient Chronicles, gi?hl. silver and
silk are mentioned equally amnion 7 .
The basis of the currency of the
Chinese and of the Russians, 6eems
to he more curious and substan ial
than any other. The small coins of
the Chinese appear to cost more in
the labor of fabrication than they
are worth in their currency; thev
cannot therefore he forced, and the
material is a mixed metal worth less
in the crucible, or for exportation,
than in its use as coin.
in Russia, the abundant base, of
their currency is copper, whose
value in coin is less than in commerce
ns-metal; this is an unusual condi
tion, but a happy one as far as it ex
tends.
As riches and circulation increased
with civilization and confidence, and
after tho" discovery of America and
the working in its mines, gold and
silver took with advantage the place
of all these expedients; one slep
further has been taken, on the basis
of credit in the use of paper money.
Metallic money, in its value, its
quantity, its facility and rapidity of
circulation?in its transport and pre
sence, can no longer be suitable or
equal to the exigencies of-our trade
and exchanges; paper is becoming
indispensable every where in foreign
commerce, and as necessary in the
great internal trade of an improved;
active, and productive country.
NEW-YORK, JUNE 9.
Z iTEST FROM EJVGMND.
By the Packet ship Albion, Capt.
Williams, we have received from
/ *
our Correspondents, London papers
and general shipping and Commer
cial Lists, to the 29lh of April;
Loytl's Lists to the 27th, and Liver
pool [topers to the 1st of May, all
inclusive. We are aUo indebted to
Captain Williams for a file of Liv
erpool papers to the 1st of -May.
The Report of the Bank Commit
tee was expected on the first week
of May. It said that Mr. Tierney
will he against the report. " Thus
then," says a London paper, " the
report cannot he in favor of n very
sudden or decided plan for the re
sumption of cash payments, and yet
it must hold out a reasonable pros
pect for that resumpsion, or the other
five or six opposite members of the
committed would not have Toted
far it."
The Leeds papers notice the de
crease of upwards of 240,000 liieces
of cloth in the manufactories in York
shire, during the last year.
On the 2d of April, a fire broke
out in the town of Helskfmul, in
Hungary, which destroyed six hun
dred houses; amon? which were
two Churches, and the barracks.
In our London papers, we have
two ilqwu'ts from the Select Com*
mittee of the (louse of Coipmons
on the Financial State of the Na
tion.?The first relates particularly
to the income and expenditures of
the kingdom, and the second to the
state of the army. By the second,
it appears, that the'reduction of the
army, during the present year will
amount to nearly 32,000 rank and
file, making a total reduction since
the peace of nearly 5t>.(HM) men,
leaving still in the public service
nearly 70,0(X). On the first report,
the London Star, an opposition pa
per, thus remarks. u The Fi
nance Report is in fact, virtually, a
declaration of National Bankruptcy,
although couched in that sanguine
language in which Bankrupts always !
represent their affairs when they can
no longer equivocate the truth to
themselves, nor conceal it from their
creditors. We owe about eight hun
iLed millions sterling, to liquidate
which we have 1,683,784/; that is to
sa^, we have annuity which may re
deem our debt in the course of ahjout
six hundred years or more?always
supjn>sing tiiat we are to enjoy an
unoisturhod Peace for all that period,
and our Revenue always to remain
at its present rate."
In the House of Commons on the
2fith of April, Mr. Robinson moved
that the. House should resolve itself
into a Committee, tocon^idvr ui" the
Convention with the United States
? f America. This lmving i>een
- greed to, he said, that by a Treaty,
* considerable portion of the fishery
carried on by American* on our coast
of North America, had l>een given
jlija by the United States: but there!
was still no law to condemn Ameri-j
cau vessels, fishing, for instance, in
the harbor of Halifax. It was there-]
fore necessarv, that some law shouldj
? 7
be enacted, for the punishment of
Americans violating the Treaty, and
therefore he should move, 4hat the1
Governors of our Provinces, and the
com nanders, should be empowered,!
by Orders in Council, to take Amer
ican vessels violating the Treatv.
He then moved for leave to bring in
a Hill, to prevent subjects of the
United States from fishing on the
coasts of Newfoundland and Labra
dor.
Sir J. Newport said, this was a
subject of most momentuous impor
tance, and he begged the House would
attend to it in a future stage. Leave
was then given to bring in the Bill.
A Loudon paper of April 27th,
says, that three more failures were
yesterday announced on Change.
A letter ftoin Hamburg of the 20tl?
of April, received in London an
nounces that "The house of Ilaak
and Hchrober, together with that of
Sclmapauft' and Rittmiester are this
day declared insolvent, the former^
the amount of 195,(XX), and the latter
to that of 233,000 mark sbanco."
The University of Cambridge have
determined to present petitions to both
houses of Parliament against the ad
mission of the Romau Catholics, to
political power.
A treaty is on the point of defini
tive arrangtnient, between the British
Government and Algiers, by which
mutual lights and commercial advan
tages are to be recognized on the
most liberal and enlighted conditions.
The Prince Regent has l*een con
fined at Brighton by sickness. A
bulletin, dated in the afternoon of the
27th of April, stated that he was
convalescent.
At the Old Bailey sessions 011 the
..r 4 - 1.-1 ' "
1UUI Hi iiptii) a inn Iiitiucu 1. IM'AU
bury, nged only sixteen years, was
tried for uttering two counterfeit notes
of 1/ each. He was found guilty,
and received the sentence of death.
Lieut. Gen. Count Ricard, peer of
France, i* appointed Ambassador to
Russia.
An evening paper of. April 20th
mentions, that it is still rumored, that
an intention is actively prosecuted to
accomplish a divorce between two il
lustrious personages. Another mes
senger has been fent off to Italy.
The ship Isabella, which bore the
flag of Capt. Ross, in the late voyage
of discoveryv sailed from Hull for
America, with ?00 English passen
gers. The emigration from the north
of England is said to be more exten
sive this seasoft, than at any former
period.
At the latest advices from Belfast,
ft ft o en vessels were at that port bound
to America, with emigrants. The
like inunbar of vessels were at Lon
donderry, for the same destination.
Advices from Barcelona, of the
28th of March, state, that " judgmen
has been pronounced on twenty-two
officers complied in the conspiracy
of Gen. Lacy. Seventeen of the of
ficers incarcerated in the Fortress o
Mont Jon v, are Condemned to death,
and it is th.Might that Ferdinand will
not change the fatal sentence in favor
of these unfortunate men, covered
with wounds received in defence of
his cause."
Well's London Commercial List
of April ?7, quotes United States
Hank Shares at 21/. each, and ob
serves that there were buyers at that
price. \> ^
'I lie valuable lleet of merchant
men, from the Havana, consisting
of seven \ easels, iruler convoy of the
Sabina frigate, arrived safely at Ca
<ii>, on the IHli of April, the amount
of specie on board, is estimated at two
millions and a half of dollars. v
Prices ut Liverpool, May 1.?Up
land Cotton 11 14 to 13; Sea
Island 2 to 3s; New-Orleans 12 to
II 12; Uo>\t;(is ui fait demand, but
'prices still falling ; Flour 32 to 3fis
Pot Ashes 41 to 43 s: Peajs 52
; 54, litte-(loins;, but prices stead- .
James Kiver Tobacco, 3 t-2d.; ii
ferior descriptions purchased forship
ping, hut no demand for finer cjual.
ties; Kentucky 3 l-? to 5 3-4:
Flax-seed 100 to 105.
The enquiry for Kice had revived.
Coralina has been sold at j0>. dut>
paid, aud 30s. for a parcel .fa bond.
LONDON, AFK1L 29.
Commerce.? Independent of the
fluctuations to \\ hich uver speculation
and monopoly have occasioned, a>
has been the case with Cotton, Oil.
&c. we think, we perceive tlie gradual,
though tardy oj>eration; of the resto
ration of a general paciticatiori in the
fall of price of almost all commodi
ties which the proliis and risk attend
ant upon a slate of warfare had caus
ed to rise far, very far, above their
intrinsic value; brt at length it is
beginning to be discovered that many
trans-marine productions can be pro
cured upon much more reasonable
terms than even the piesent lowered
prices of such commodities would in
duce us to suspect. It remains still
to lie ascertained at what price the
Planter in American can allord to
sell his cotton : perhaj s it may be
found that from 12 to 14 cents, will!
amply repay his advance of capital
nnd labor for cultivating it?.mtfc
probably the free traders to the Kast
Indies will soon discover that cotton,!
in those regions, may be had almost]
'-for-the trouble of collecting it.?Gof
'o
fee, it may shortly appear, may l>e
purchased at IJatavia for about four
pence per pound, aud soon \>ith
many other commodities, so that we
apprehend the present to be a most
critical and still interesting period
in the history of commerce, and
merchants as well as statesmen are
imperiously called upon deeply to
reflect upon its present awful state,
and to regulate their operations ac
cordingly.
Among the long list of exporta
tions to the Continent, we are par
ticularly struck with the extensive,
and still increasing, shipment, of
Cotton Wool?that it \s not in ourj
power to check the improvement ofi
foreign manufactories, or to monopo-j
lize the Cotton Trade altogether, i
admits of no question, but ve cer
tainly are not called upon to encour
age our rivals, as we are no* doing,
by furnishing them with the raw ma-j
terial upon lower terms than our owu
artisans can procure it. The duty
upon Cotton, for home consumption,
is one penny per pound, which, at
the present low rates of that article,
is, ujpon Bengals, about 20 per cent,
and upon American and Brazil Cot
ton, about 8 to 10 per cent, there
being no duty upon exportation, we
supply manufacturers abroad at so
much lower rates than our own coun
trymen. We are no advocates for
any additional imposition of duties,
particularly in commerce, yet as we
do not think it would be very conve
nient to repeal tiie existing doty on
Cotton, we are of opinion that, un
jler present circums truces, foreigners
purchasing it from us should, in jus
tice to ourselves, be suhjectsto the
like charge.
JForeign Trade.?Our advices from
Hamburgh arc *o the 20th inst.?
Coffee continued subject to great fluc
tuations, and Varied as much as 10
per cent, last week:?the general
tendency of tliat article seemed
downwards, and large arrivals being
expected, prices, it was anticipated,
would he lower towards the summer,
when it was ho|H?d good business
might be done. The tranactions In
Cotton were considerable, i200 bags
arc reported to have been sold, chief
ly Bengals. Sugar was dull. Rice
in good demand. Tobacco station
ary. Cotton twist (English) in re
forest, and selling at saving prices
upon the last Manchester quotations.
fjaw Changes in Scotland.?Thr
Chief Barron of the Exchequer in
Scotland retires, and tw o candidate*
have offered themselves for this high
office.?the Chief Commissioner of
die Jury Court, Sir Win. Adam,
And the lord Advocate. ? The latter,
it is reported, is the most likely to
ucceed.
Kiuiizration is still the order of the
lay nt Plymouth dock and its neigh
orhood. Several uf the vessels
hat have sailed had from 1CX) to 120
ouls on board. A farmer .from iio
:iet!eming, in Devon, and his wile
nd ten children, are among the
migrants. There were besides sev
raI families of five or six children.
Some excellent workmen have de
arted, and among them a few from
he dock-yard. It is supposed thai
io fewer than 1000 persons have
ailed for America from Plymouth
'.uring this season.
PARIS, APRIL S3.
Accounts from Switzerland state,
hat the French Minister there, M.
de Talleyrand, had in pursuance of
trder* from his government, opened
\ negotiation with the States which
:iad concluded military capitulations
w ith France, in order to obtain some
modifications of the existing capitu
lations respecting the administration
of justice in their own regiments,
which the Swiss have always exer
ci>ed. it appears that the privileges
eh*o>ed in this respect by the Swiss
are cousidercMl incompatible with the
present Laws of France, particular*
In in cases of complicity with French
men. The King also desires that
the French military Code shall hft
jadopted with reference to The Swiss
jUegiments in the service of France,
lthe capitulations stipulating nothing
upon that question. Although,. how
ever, the military capitulations are
are agreed upon by the Can burial
Governments, it appears that the
overturns of the French Minister
are to he referred to the Federal Diet,
which hiid been previously occupied
with the consideration of a Penal
Code for these regiments.
domestic'
u
PHILADELPHIA, JUNE 7.
American Pharmacopoeia.?The
convention of the middle States, for
the formation of a National Pharma
cu|K?ia, met 011 the 1st inst. \n tlifL
chamber f>f the College of Phisicians
of Philadelphia. During the ses
sion, the several articles of the mate
ria medica, and their preparations,
were individually considered, and
such selections made as was deemed
most proper. This convention clos
ed its cession on the 4th inst. by the
appointment of the following dele
gates, to present the middle district,
in the general convention, for the for
mation of a Pharmacopoeia, and sys
tem of medical ethic s, adapted to the
United fcMtes, to be held at Wash
ington, on the 1st of January, 1830.
Doctors Samuel L. Mitchell, Alex
ander H. Stevens, Lyman Spalding,
John Watts, jr. of New-York. Doc
tors Thomas Parke, Thomas T.
Ilewson, of Philadelphia; Allen
M'Lane, of Wilmington, Delaware ;
Elisha De Butts, Samuel Daker, of
fttaltiuiore; llenvy Hunt, of Wash
ington, D. C.
It is hoped that the practitioners of
Medicine, residing in the middle
States, who are acquainted with the
virtues of the American Plants will
communicate such information, to
some of the above named committee,
in order tint it may be incorporated
in the great national work which now
promises to be speedily completed.
WASHINGTON, JUNE 10.
We have lost the President for
some days past, and we shall proba
bly hear nothing of him for some dajs
to come on his passage from the abode
of civilized man, through the depths
of onr Southern forests, ami alternate
burning sands, to the borders of
Tcnnesst e. It is said that he is to
return to the seat of government b>
the middle of next month, expecting
that by that time news may reach this
country of the ratification of the treaty
with Spain. We think it probable
it may, as we have already received
information of Mr. Forsyth's safe ar
rival at Cadiz, and intended depar
ture thence for the capital of Spain.
I In t it is not cjuito so likely that the
President can complete his long and
laborious tour, almo&t as formidable
as a voyage round (ho globe, wit? :,i
the time designated. If he does nut
c
shorten his tour, it is hardly to he ex
pected that he w \\\ reach home before
the middle of August.
JUNE 14.
3Ve understand that Mr. Secreta
ry Craw foul has departed from the
.-eat of government, to visit the Pub
lic Road which is carrying on he
tween Cumberland and \N heeling.
Some contracts are to be made for its
completion . and various conflicting
representations respecting the work,
and those interested in it, are said to
have rendered his presence there de
sirable.
DAKlfcN, JUNE 14*
Sweating fhe Jiank.?^A circum
stance which happened at tiie Ua\'c
in this city two or three days ago,
may serve to put the public oi\ their
gaurd against a set of sharpen that
are draining the State of its specie.
A couple of pedlers, with a profes
sional cart, came to the Bank with
bills to the amount of two thousand
and five dollars, that they had picked
up in the country by retailing jews
haVps to the children and tobacco
pipes to old women, &c. and drew
specie to that amount, which they
carried off in their pedling vehicle,
lo sell it probably at an advance to
merchants connected with the. East*
India trade. It is understood that a
company of these packmen, who live
by imposing on (lie ignorant and may
be considered as the blood-suckers of
society, have formed themselves into
a company for the purpose of drain
ing the Darien hank of its silver,
which they intend to pour into that
vortex of Mammon, the Kant-Indies.
It would I Hi wpll for the people to de
feat their object by giving them the
notes of sucli banks as are not com
pelled to pay specie. Hy such a
step the metallic medium may be re
tained in the country, and a set of fel
lows, who bear no more resemblance
to the houest northern merchant and
mechauic, than a highway man to an
eccelesiaslic, be traversed in their
^peculations, and perhaps compelled
to choose some more useful occupa
tion.
CHARLESTON, JUNE 13. _ :
Steam Navigation.?* -The new
steam-boat Columbia, started yester
day, with two tow boats, ou her first
trip to Columbia. The tow boats
had full and valuable cargoes of goods
on board. These boats are the pro
eof the South-Carolina Steam
Company.
JUNE 14.
Suicide.?A melancholy event
took place oil Friday evening last
which has caused a deep sensation
in the public, mind.?Thomas ?e
raud, Esq. a highly respected citi
zen, and late a member of the City
Council, about 1) o'clock on that
evening, accompanied by a servant
lad, about 7 years of age, proceeded
to the wharf, at the foot of Church
street. near the Ilattery, where,
placing himself on the verge of tho
water, he put a pistol to his mouth,
and blew out his brains, lie fell
into the stream^ but an alarm being
in.mediately raised, he was taken
out in a few tniuutes, and a Jury of
Inquest sat upon the body, who re
turned a verdict, that the deceased,
came to his death by destroying him
self in a fit of mental derangement,
by blowing out his brains with a pis
tol."?The cause of this dreadful
deed, is attributed to the embarrass
ment of his concerns, and gveat los
ses in trade, occasioned by the pres
sure of the times.
JUNE 10.
Thuvder -During the thun
der storm on Sunday afternoon, the
bouse of Mr. Samuel llyams, in
King-street, w as struck by lightning,
and was much shattered. The fam
ily of Air. II. were in various de
partments, and, although the electric
fluid penetrated into almost every
part ol the house, not a [lersou w as
injured.
A negro child, in St. Philip's
street, was struck dead by rrlTasli of
lightning, during the above storm.