NEW YORK, FRIDAY MORNING. JANUARY le, 1916
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NE


FRENCH TRADE WITH CHrsA.-The Journal des
D<6Gtss states, that the question Of the possibility
considered 70 be resolved by the report Of the com
missioner sent to China 1--WE cannot" says the
JoSvnai des D<bats, "at present establish impor-
tant or regular commercial communications with
China, ner would 1t be prudent to attempt IT
Under existing circumstances, we could not hope
either to sell much cotton or to purchase sufficient
tea in China, and those articles il IS known con-
stltute three fourths OF the American and British
trade with China. But il we cannot aspire to such
trade at present, or for long time TO- come-if the
tmid habits OF onr merchants, the division OF cap-
tai, and thousand other causes oppose an obstacle
to regular trade with China, 1t Is evident that we
may continue the triiing traffic which exists at pre-
sent We shall not hesitate, therefore, to call the
attention of our manufacturers the report OF the
delegates to China, which relate to woollen cloths
and to Parisian manufactures. With respect to
wooen cloths, we manufacture tn I'm as well, and
perhaps better than the English and the Belgians,
and our southern manufacturers can supply them as
cheap as those OF our neighbours. But more inn
portant condition remains to be fulflled-the finish
Of the cloth to the Chinese taste. The lnhabitant Of
the Celestial Empire is an economist who approach
es to the character of miser,-if he yields but
little with respect to taste he accorcs still less with
respect to cheapness; without this double condition.
there is no disposing OF woollen cloths:in China
With respect to PaIlsan manufacture, the patterns
which the commercial delegates took to China of
cutlery, watches and clocks, jewellery, hre-arms
glass, worked morocco skins, optical instruments,
paper, pertumery and carved ivory preserved fruits,
and confectionery, were in general approved by the
Chinese, but only at certain price and on certain
conditions. But these are not lmpracticable, and
as the report OF the delegates states. However
much the Chinese are attached to their customs
the Americans proved that il was not impossible to
modify their habits and customs. Several articles
which at first did not succeed in China, now find
there a considerable market We foresee an
objection which may be made. All the manufactures
Of Paris combined would not, it may be said, freight
one or two ships. tits, no doubt, unpleasant that
we cannot Immediately commence an extensive
trade with China, but we must recollect that that
country contains 300 600 inhabitants, and con-
sequenty, we may calculate on an immense increase
tor the future" # o sr.M


FRENCH view OF MEXICAN AFFAIRs.-The
Presss, in aluding to the despatch of the American
government to that of Mexico, in which the former
my, remarks on the improperly of such Ian
guage, and /. even rather severe. on the American
government tor the pretensions that it has put for
ward. Considering the strong spirit displayed by
it is rather surprising to find in any censure upon
agovernment with which England has serious
difference.


WARLIKK PREPARATIONS for war
are being quietly but effectually made. The review
Of the Chelsea pensioners is not the only measure
OF defence that has been commenced. The four
penny steamboat captains have had q hint from
official quarters to keep up their crews to the full
complement ofthree men and boy.-Pnmch.


A NEw MoTIvE PowER.-A Mr. Talbot has
taken out patent for a new power, based on the
condensation Of carbonic acid gas. BY chemical
means, and great pressure, the carbanic acid is
brought down to temperature below the freezing
point. Heat is then applied, when its expansive
weight OF the furnace, ETC., is dispensed with
Dublin Packet. ay.


TIE CORN LAW CRISIS IN ENGLAND.


The Statements and Supporters Of the Lon-


don Times.


From the London Times]


The ministerial decision is by this time uni
versaly received, not merely as a fact, but
as the only thing that could have been done.
The denials are few and vociferous Ia the
midst of an all but universal murmur Of ap-
probation. few malcontents relterate negatives
and abuse, and enjoy that d!stinctness Of audience
which which IS the privilege Of siugularity. We have
course OF denial. Through mere private and RI
diculous pique, the disappointed agitators are
leading taeir dupes into the most gratuitous alb
ty fails TO make the farmer ncredulous also il
only makes him conclude that he is on the eve
OF dreadful calamity. In spite Of them, he be-
leves, or rather knows, that the days Of protection
visers just SO far to think his wheat therefore will
soon be good for nothing. This is sufficiently in
dcated by the state OF the corn-market yesterday.
Since the continual meetings of the Cabinet, the let
ters of Lord John Russell and Lord Morpeth, and
other omlnous circumstances, created q general
persuasion that something decisive would be done,
we are told that wheats have suffered a decline Of
3s to A. per quarter, and all other kinds of grain
have fallen s,ne in That this haste tS sell
theact the best authorities both from the Corn
Exchange and the whole mercantile world, are uuaIl-
imousy of opinion that the repeal ofthe corn awswil
certainly, Immediately, and most considerably raise
the prices all over the world We do not see how
1t can be otherwise. Nay, if we have any one mis-
giving as to the wisdom Of the ministerial measure,
1t originates In the thought OF what may possibly
arse from the whole current OF British speculation
being, for the the first tme allowed free play on To-
reign produce, juet at the crisis when the stock is
unusually low. The farmer is, Of course, only too
easy prey to these alarmiss from the circumstance
that his bOasted protection has, manner, insua-
ted him from the corn trade Of the world, and kept
him profoundly Ignorant OF it. He has not known a
regular competition with it, and has, indeed, known
nothing about il except that is certain frghuul in
Unity OF mischief Little is he aware that the ave-
rage Of importations Eom the whole world does not
exceed the produce 0fone English county, or half
the demand Of our metropolis, and, what is more,
that It would take many years Of labor, skill, and
tai facility with which he duped by leaders as i'll
informed, perhaps, as himself. et aH41


From the London Times, Dec TO- As


We have now good reason for believing that day
or two--perhape the Privy Council to be held this
day at Osborne house-will remove all doubt of the
Ministerial determination in favor of an entire re-
peal of the Corn Laws. II, in the interval which
has passed since our first announcement, any MEM
bers OF the Cabinet have felt themselves unequal
to so great design, and have consequently reapsed
to more sconsistent" and more comfortable al
tentative, day or two will furnish additional testi-
mony to strength Of the Ministerial resolve and
the difficulties which tits prepared to encounter and,
we trust, to overcome. Whatever requires time or
admits OF delay, admits also Of vacillation and
change. II is possible, and certainly quite in ac-
cordance with the history OF the greatest affairs,
the most decisive pans and the most settled engage
menfs, that even few days may modify without
substantially altering the event Whatever form
the event may take, and whatever consolation any
Of our impugners may please to derive from the
want Of a more literal fulflment TO our words, a
day or two will place beyond all controversy the
substance OF our announcement, viz, the consent