tcommsreiai correspondsnes cf the Resfsfer.)
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 By the arrival of the Great Western we have again a few days later from England. The general state of affairs is not much different from that at the de- parture of the last packet The important events in agitation have progressed little farther the ques ton of the sugar duties, of the proposals contain ed in the budget. The minority has sustained de- feat being 36 in the minority; contrary to usage. however, they have not resigned, but fixed the 4th of June for corn law debates. The result it Is con- idently expected will be defeat and dissolution of Parliament. A new election it is supposed will g.se the minority majority. These important movements absorb all other considerations and mer- cantile affairs continues to decline in activity Mon ey WAS becoming more scarce notwithstanding that the rate of interest of doors having risen to the Bank rate; large demands for discount had taken place at the Bank and somewhat increased it cy. The low state of the English currency continued to keep the exchanges with the continent favorable, the price of gold in London being little higher than on the continent, although the export trade had not in the slightest degree revived. The rate of interest at Amsterdam and Hamburg was 3 a 3A per ct., and in London a 6 per ct. This extraordinary differ in the value of money arises solely from the dis

 

 inclination to operate during the preseat political crisis. Many failures had taken place in the West India trade. lsa3 s ia -a.ss In the manufacturing districts there was not the slightest improvement, the contrary working short time had become more general In the Liverpool cotton market there had been material change the rates for the last nine days ending the 26th, were 2s00O bales, the quotations closing at 6s 62 for fair Uplands and 6S a for fair Orleans. In American stocks nothing had been done and l prices were still nominal. Great indignation was expressed at Gsy. McNu,t and the State of Missis- sppi for the failure of that State to pay its interest The Texas loan which is contracted for with Laftte | Co.of Paris, ,by Gen. Hamilton, the opening oft, bo,ks fsrwAich had been appointed on certain day, ,as beea postponed by Laaue k Co., because of cer-

 